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Topic: Crypto success takes time - page 17. (Read 3581 times)

member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
May 01, 2020, 08:33:09 AM
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
If the project is not a scam then it will take a long time before it becomes very huge like many coins in crypto space today, for example BNB , enjin, atomic , dash etc, they are all extremely cheap back in those days when they got released
jr. member
Activity: 116
Merit: 3
May 01, 2020, 08:27:22 AM
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
thats true but in the beginning of crypto world there wasnt so many coins.but right now we have more than 2800 coin in market and more... and knowing witch one of them have a good future and not scam is very difficult in this time.
member
Activity: 1540
Merit: 22
May 01, 2020, 07:58:34 AM
Yes. Investors should have the patience of their holdings. Short term investment never gives good investment than in the long term. Project growth depends on its development and later its userbase and increase awareness. Projects which are really legit, we should hold our investment for the long term.
not only investors but all involved must also be patient with the promised development. however, in exchange, the team needs to provide clear information regarding the development carried out including the date. sometimes people ask "when" of a development project.

Agree, you are right. this is where public accountability functions..public knows about the development of information about a project is also a separate assessment for participants. meaning he can make his own decisions without spending time wisely
jr. member
Activity: 1106
Merit: 1
May 01, 2020, 07:17:30 AM
Yes this is the successful time of crypto market. We know that crypto depend on market day by day increase price of Bitcoin market. Market take time is position on bull market  so I can also the full time to take in market change. Now you can buy some coin Bitcoin litecoin ethereum and also some coin price will be high end of the year. So now this time crypto success time.
sr. member
Activity: 1078
Merit: 250
May 01, 2020, 02:45:32 AM
because it takes a long time to have a good one. but it all depends on the management of the project itself. if they are correct in managing the project they are handling, it is not impossible that someday they will have good grades.
Getting good does not have to be for a long time, because there is also a team that manages the project for a short duration, but they are fully successful and their products are also of good value in the market.
jr. member
Activity: 980
Merit: 1
May 01, 2020, 02:13:20 AM
Do not confuse the investor and the hamster. Buying a coin and being able to manage your assets are two different things. People need to first learn what investment is. Read some books. Then come already. Then there will be less scam projects and there will be growth in projects that deserve growth.
full member
Activity: 1274
Merit: 100
May 01, 2020, 02:04:27 AM
You are right the big project or real project like XRP, BTC, Ethereum, Dash etc take time to good ranking in the crypto market, mostly want to earn quick and they want that the coin gives us big return in a short time and they fail to get a good return.
copper member
Activity: 1190
Merit: 3
April 30, 2020, 04:36:57 PM
Yes. Investors should have the patience of their holdings. Short term investment never gives good investment than in the long term. Project growth depends on its development and later its userbase and increase awareness. Projects which are really legit, we should hold our investment for the long term.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
April 30, 2020, 04:31:58 PM
because it takes a long time to have a good one. but it all depends on the management of the project itself. if they are correct in managing the project they are handling, it is not impossible that someday they will have good grades.
but many projects die and don't think about further development, I think checking Github from the project you like is very important to make conclusions,
because development must always be transparent if you want to remain loved by the community, and I'm sure one day the price of the coin will rise, and correct it need time
member
Activity: 866
Merit: 10
April 30, 2020, 01:07:38 PM
because it takes a long time to have a good one. but it all depends on the management of the project itself. if they are correct in managing the project they are handling, it is not impossible that someday they will have good grades.
jr. member
Activity: 182
Merit: 1
April 30, 2020, 12:52:46 PM
#99
As do almost everything else... Unfortunately, due to most people getting into cryptocurrency and blockchain projects just for quick gains, they often don't see the bigger picture. Project developers just abandon their projects abruptly after some quick tokensale gains leaving investors disappointed and heartbroken after losing so much or investors tend to sale off as soon as possible after gaining a lot through token sale discount prices thus, crashing prices massively. Only few projects tend to stay and try to build if they believe in the potentials of their projects. One of such projects that has impressed in this regard is ARCC, they didn't jump ship or abandoned their vision even after cobinhood stole over $300k IEO funds from them. They took a 1 year period ri develop without external funding and today they are listed on BIKI Exchange and trading reasonably well with developments going on and major involvement from MIT and Havard.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 30, 2020, 12:44:04 PM
#98
I think the crypto space now is becoming mature but still most people see it a shortcut to quick fortune forgetting its fundamentals. Crypto just like stocks take time to grow, but if the people around the project meets their roadmap on time, with feasible products and with effective marketing then they could probably make good returns in due time.

patience needed in following crypto is a necessity that cannot be released. because like you said looking for a shortcut is something that many people often do with the aim of immediately producing something that is instant and fast. even though there is a time to be able to follow a plan that is prepared in order to produce the best. the opportunity is always open if we want a little to take the time to analyze well.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
April 30, 2020, 12:14:07 PM
#97
I think the crypto space now is becoming mature but still most people see it a shortcut to quick fortune forgetting its fundamentals. Crypto just like stocks take time to grow, but if the people around the project meets their roadmap on time, with feasible products and with effective marketing then they could probably make good returns in due time.
member
Activity: 728
Merit: 19
KUWA.ai
April 30, 2020, 12:05:45 PM
#96
Yes, every good project needs some time to grow. Slow and steady wins the race. BTC doesn't become a monster in the crypto world in one day. Its price was below 0.25$ and now look at its price. It proves that every project that has potential on it can be a good investment plan for long term investors. Crypto is adopted more by people day by day so I think it has a great future.
hero member
Activity: 812
Merit: 503
April 30, 2020, 11:59:33 AM
#95
The success of a project not only depends on the time but besides it also requires a team that can always improve the performance of a project

I really like this point and that's what most people who hold for long term miss out. The team of the project need to be up and doing with unique developmental progress, aside this the coin value goes down with time. Imagine holding a coin for a very long time, belonging to a team with zero follow up of the project roadmap, its baseless.
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
April 30, 2020, 11:37:33 AM
#94
Crypto will be floated on the Nasdaq, which would further add credibility to blockchain and its uses as an alternative to conventional currencies. Our crypto market pure Investments back in September 2017, Miles got one of his first community members, who goes by the pseudonym SP on the Discord channel. When crypto will be started, he put in $40,000 By January 2019, he had over $1 million today it’s $800k due to the recent Bitcoin crash so i can say crypto success at this time.
sr. member
Activity: 1512
Merit: 316
April 30, 2020, 08:23:20 AM
#93
This is the correct statement that cryptocurrency success takes time.  It all depends primarily on the cryptocurrency user himself, namely What expectations he has from his activities.  In any case, the most profitable action on the cryptocurrency market for investors is the long-term storage of promising cryptocurrencies, which, when real results of the project are achieved, will provide full profit for the investor.  But if a person has the goal of making a profit today, then all attention should be paid primarily to cryptocurrency trading, namely to daily trading, which will give a certain income in the near future.  but in one way or another, each user will be able to see the full potential of cryptocurrency only after a certain time.

Just taking a couple of days’ time itself would make people understand and those who are panic sellers. If they thought that btc would not rise and would fall in Covid situation now we are seeing that it has almost risen by 1500$ in just 2 days of times itself shown that btc is gaining some strength and would continue doing so though we have some ups and down time as well. Some time you have to wait longer and some time it could be just in days as well.
legendary
Activity: 3346
Merit: 1128
April 30, 2020, 08:16:20 AM
#92
Well they gave those coins time because those coins started with absolutely nothing, whereas these coins start with funding, that is the difference and that is why people are impatient. Normally when ETC or so started there was absolutely no funding, it was just people who really wanted to make something like that, so they got no money and no funding and nothing and they still made it anyway and yes it took time before they actually become something but that was given because they worked for free.

Nowadays projects gets millions of dollars, and people think "well they have millions of dollars, why are they not doing anything right now" and they are right, when you have millions of dollars you should do something every single day, the improvement should be visible.
full member
Activity: 1316
Merit: 108
April 30, 2020, 03:15:31 AM
#91
This is the correct statement that cryptocurrency success takes time.  It all depends primarily on the cryptocurrency user himself, namely What expectations he has from his activities.  In any case, the most profitable action on the cryptocurrency market for investors is the long-term storage of promising cryptocurrencies, which, when real results of the project are achieved, will provide full profit for the investor.  But if a person has the goal of making a profit today, then all attention should be paid primarily to cryptocurrency trading, namely to daily trading, which will give a certain income in the near future.  but in one way or another, each user will be able to see the full potential of cryptocurrency only after a certain time.
hero member
Activity: 3024
Merit: 629
April 30, 2020, 02:37:33 AM
#90
Thats true it takes time before we can see the progress of the project, it wont happen in snap, it needs time to develop and grow like the well-established coin that currently existing.

But if you cant wait then you can always choose to invest on popular coins to have an assurance it wont turn to shitcoins as time goes by. However it doesnt mean of sure profit because even popular coins are risky due to its volatility so we need patience in order to gain in crypto.
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