Crypto success takes time - page 18.

abel1337

legendary

Activity: 2492

Merit: 1145

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: TheClownSong on April 30, 2020, 02:53:04 AM

Quote from: CDC AP on April 30, 2020, 02:12:37 AM

Quote from: mu_enrico on April 27, 2020, 01:20:24 PM

Quote from: KaratX on April 27, 2020, 01:01:01 PM

People don't want to give projects some time to grow

Why focus on time? Give more time? etc.
Projects should have a reasonable timeline and the developers must deliver (the results). If they can't deliver, the risks will build up and then the project failure rate will increase.
I think investor will give them time as long as the development is still on the correct track.

yes absolutely right....projects promises certain things and they have to deliver those results in the timeframe that they said on their white paper....if they are not doing anything and just making delay after delay in development....then there is no point wasting time in those projects

Many projects are like this, always delaying and like giving empty hopes to investors, sometimes there is no communication between the team to provide the latest developments of projects done with investors. I agree that it takes time for cryptos to develop, but there are plenty of cryptos that also need to be abandoned

After countless repeated happening like this some investors lose trust in new projects. And bounty hunters become more aware that they wouldn't be paid fair or their payment will be delayed for months. This scenarios aren't new to crypto projects because this happens many times as you would expect. Having the worst scenario of having the project team run and scam you will possibly make an engraving to your mind that most of the projects are a scam.

Wildwest

sr. member

Activity: 1701

Merit: 308

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, if I think this is more important because the investor will not easily invest in a project if the team who joined the project is not convincing, and the team who work must also be honest in every way.

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: CDC AP on April 30, 2020, 02:12:37 AM

Quote from: mu_enrico on April 27, 2020, 01:20:24 PM

Quote from: KaratX on April 27, 2020, 01:01:01 PM

People don't want to give projects some time to grow

Why focus on time? Give more time? etc.
Projects should have a reasonable timeline and the developers must deliver (the results). If they can't deliver, the risks will build up and then the project failure rate will increase.
I think investor will give them time as long as the development is still on the correct track.

yes absolutely right....projects promises certain things and they have to deliver those results in the timeframe that they said on their white paper....if they are not doing anything and just making delay after delay in development....then there is no point wasting time in those projects

Many projects are like this, always delaying and like giving empty hopes to investors, sometimes there is no communication between the team to provide the latest developments of projects done with investors. I agree that it takes time for cryptos to develop, but there are plenty of cryptos that also need to be abandoned

Script3d

hero member

Activity: 1232

Merit: 503

Quote from: riso2015 on April 30, 2020, 01:38:36 AM

Quote from: miklesm on April 29, 2020, 02:25:52 AM

It is not reasonable to give time to all the projects on the market as 95% of them will die in 3-5 years. The only situation when you can wait for years if you know the project team closely and you are sure they will find adoption cases.

If they can get a lot of funds from investors So I'm sure their project will last a long time. But if their project has an inexperienced team So it's useless if they have a lot of funds because they can't manage the funds. I personally see the success a Crypto project if they can last up to 3 years.

But most of the time developers will just chill out there with investors money and not develop their product, i hope developers will continue developing their project even if they didn't reach the softcap, you dont need to reach softcap to reach long term success.

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: KaratX on April 27, 2020, 01:01:01 PM

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

Top coins are even experiencing a huge volatility. I know success rate for new coins is hard to achieve and thats more likely a hard pressed.

If there are projects that will succeed after some year and expect it would be the same top coins that are listed on coinmarketcap especially btc. I know for altcoins the only contender on making a huge success is eth, though xrp have some bullish effect as well.

CDC AP

full member

Activity: 463

Merit: 102

Quote from: mu_enrico on April 27, 2020, 01:20:24 PM

Quote from: KaratX on April 27, 2020, 01:01:01 PM

People don't want to give projects some time to grow

Why focus on time? Give more time? etc.
Projects should have a reasonable timeline and the developers must deliver (the results). If they can't deliver, the risks will build up and then the project failure rate will increase.
I think investor will give them time as long as the development is still on the correct track.

yes absolutely right....projects promises certain things and they have to deliver those results in the timeframe that they said on their white paper....if they are not doing anything and just making delay after delay in development....then there is no point wasting time in those projects

$anounimus$

sr. member

Activity: 1610

Merit: 294

www.licx.io

Risk assessment certainly plays an important role for Cryptocurrency Development if they want to succeed in the future. one of the factors is cost, quality and time and investors also do not want money and time to be in vain.

Here is the function of the team along with innovative ideas. What was said was done. I believe respondents provide full support because they have good market potential in the future. Everything needs a process.

riso2015

sr. member

Activity: 1246

Merit: 254

Trphy.io

Quote from: miklesm on April 29, 2020, 02:25:52 AM

It is not reasonable to give time to all the projects on the market as 95% of them will die in 3-5 years. The only situation when you can wait for years if you know the project team closely and you are sure they will find adoption cases.

If they can get a lot of funds from investors So I'm sure their project will last a long time. But if their project has an inexperienced team So it's useless if they have a lot of funds because they can't manage the funds. I personally see the success a Crypto project if they can last up to 3 years.

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: SolarWindMiningCompany on April 28, 2020, 12:39:29 PM

Quote from: voteformeg on April 28, 2020, 11:55:13 AM

indeed , as all things in life , succes takes time , for sure in cryptoworld , things can go fast but in most cases time is what they need , but that also means that you have to own strong hands as only time is not enough , in that time there will be moments that you need the strong hands

I believe so too. It requires a lot of patience and trading as well as discipline. One thing is certain, crypto is no get rich quick scheme and just like we do in the real business world, all principles must be observed

The fact that so many new projects have already as a quick scheme to make thousand dollars in a short time or even more.You must understand if crypto is a little bit different when people can also buy in the rumour too even the projects have not yet rolled out the product. i didn't fully agree with you.

K4C

full member

Activity: 448

Merit: 103

$CYBERCASH METAVERSE

I can believe that some few years after crypto will be success all of countries. But it take time but it will be success must in crypto market. Many crypto success stories consist of those currencies that were created in bitcoin’s image but various tweaks to make them function a little better. at last say its success for next time.

royalfestus

hero member

Activity: 2436

Merit: 516

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

How do we rate the growth of coin in cryptocurrency? Bitcoin growth can only be in its adoption for trading altcoins and fiat. Other anonymous coin are only base on speculation. There are several reactions to the halving of most of these coins, no price pump after the event and some even dumped in price and volume. Success can only be counted after bullrun for most of the coin, which indicates the reliance on bitcoin but I feel there are measures to protect and reduce the depth of dump in the next market run, that is the reason for the staking and defi; to give holders regular income without dumping the market at every pump.

BlackFor3st

hero member

Activity: 1932

Merit: 506

Betking.io - Best Bitcoin Casino

Quote from: KaratX on April 27, 2020, 01:01:01 PM

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

Top ranker projects are having a hard time in getting the spot therefore new projects really need to work hard so they can also compete to the market. Success cannot be achieved easily therefore new project will really take time to grow especially if the team behind it is not that rich in partners.

And for the new projects, they need to gain the trust of the investors firs like how they are going to maintain the price of their currency so the investors will not panic and transfer to another project. And as you can see, the competition right now is very hard as the number of projects are keep on increasing as days passes by while there are many projects also who are turning into shit projects.

miklesm

member

Activity: 1078

Merit: 10

It is not reasonable to give time to all the projects on the market as 95% of them will die in 3-5 years. The only situation when you can wait for years if you know the project team closely and you are sure they will find adoption cases.

ancafe

hero member

Activity: 1736

Merit: 731

Catalog Websites

Quote from: xSkylarx on April 28, 2020, 08:19:13 PM

I think the project should be transparent and be on track with delivering their project or with the development. Most investors leave the project because of the delay and excuses they make in regards to developments and update. It is true that it takes time for projects to grow, tranparency and gradual growth is better than to focus on the market growth.

As far as I join a project, they only give promises that are largely not kept, because of that, I strongly agree that the development of a project must be transparent in accordance with the target. we all know that to develop a quality project, it takes time, it's just that we will be more satisfied and will be more patient when looking at its development transparently

Iyanu14

member

Activity: 795

Merit: 10

Quote from: KaratX on April 27, 2020, 01:01:01 PM

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

Definitely. Someone who is so greedy and desiring a quick big returns might not make it in crypto or even end up in big loss. Every big business or establishment today took time to arrive at that appreciative level. I have seen a friend that sold an airdrop for $700 and 4-5 months later, the same quantity of airdrop could have been sold for $7000. Everything needs time in life.

xSkylarx

hero member

Activity: 2352

Merit: 594

I think the project should be transparent and be on track with delivering their project or with the development. Most investors leave the project because of the delay and excuses they make in regards to developments and update. It is true that it takes time for projects to grow, tranparency and gradual growth is better than to focus on the market growth.

greylandm

newbie

Activity: 106

Merit: 0

Quote from: KaratX on April 27, 2020, 01:01:01 PM

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

I always compare the project with something that already exists to remember it's a matter of time to become worth it. Agree with you.

Utoy101

member

Activity: 368

Merit: 11

Quote from: KaratX on April 27, 2020, 01:01:01 PM

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

I seriously agree with you that nothing comes easily in life as one have to always be patience and optimistic while striving for success, this is the truth behind all endeavors and not only in cryptocurrency but also in real world. However, the cryptocurrency market has seen lots of scam due to the fact that it is not regulated and any project can bail out at any giving time, running with people's hard earned money. So due to this fair share of bad experience everyone has encounter in this sector, people do give up on projects with no feasible product development and seriously, when a project dosen't follow the laid down development roadmap, it sends a lot bad messages which results to "don't invest in here".

princerepon

full member

Activity: 994

Merit: 101

Quote from: KaratX on April 27, 2020, 01:01:01 PM

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

You are right. Specially bounty hunters (not everyone) and one time or swing investors think like that. I meet lot of people who think like, a good project means after finishing their IEO project have to listing couple of exchanges, project have to pump their coin hugely and project have to continuously pump their coin. Well it's not the sign of a good project. There are lots of thing they have to manage for their future plan and it's not possible within three or four months. It's take times so don't lost your patience give them some time to finished their work.

rahmatullah9305

full member

Activity: 983

Merit: 100

Quote from: mersal on April 28, 2020, 12:15:38 PM

Definitely, legit project takes time to get developed and grow upto it potential but this becomes an advantage for the scammers to raise money and make the investors to wait for too long and then fade away without letting know them anything so waiting too long for a new coin in 2020 is not advisable though.

Very true, I strongly agree with this statement you say, waiting too long on a new coin is clearly not recommended and will be a good opportunity for scammers to look for a lot of benefits, because they (scammers) will also take advantage of that condition.

Topic: Crypto success takes time - page 18. (Read 3557 times)