Crypto success takes time - page 22.

AmoreJaz

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Leading Crypto Sports Betting & Casino Platform

Quote from: mu_enrico on April 27, 2020, 12:20:24 PM

Quote from: KaratX on April 27, 2020, 12:01:01 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.

and that is entirely dependent on the development team. supporters can just be supporters or followers, but they can't do anything about the implementation of their plans. yes, I do agree that success takes time but that is if the dev team is still active and has motivation to follow thru their supposed roadmap. tbh a lot of projects can't accomplish their objectives because the dev team got exhausted of doing things and if they have no enough funds, thats when they start abandoning things...

Odebowa

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Cryptocurrencies have experienced huge, volatile price swings in recent years. Some crypto traders have thrived from this while others have not.

Essentially, a crypto trader is an individual who speculates on the price direction of a cryptocurrency like Bitcoin. For example, let's say a crypto trader believed the price of a cryptocurrency is likely to move higher and therefore wanted to buy it.
The time taking to decide on when to buy and sell can be regarded as waste of time but it's necessary for one to make viable or reasonable profit

abel1337

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Quote from: Akiko on April 27, 2020, 01:33:05 PM

Quote from: KaratX on April 27, 2020, 12:01:01 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

its actually depend on what coins you are investing some developer's also abandoned the project they make after they get many investors , and that investors think to leave the project even they got many supporters. Sometimes it's always depend how they manage to continue make their development And investors will follow and buy the coins if they think its worth it for their money to invest in.

Right! I am holding different coins today that the developer abandoned, It's sad that I lose the chance to sell it on the price it should be, But I think it's more worth just holding it as a memento for an abandoned project. People today are just afraid of losing the value on time because there are many tokens that crashed its value because of forsaken.

Akiko

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Quote from: KaratX on April 27, 2020, 12:01:01 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

its actually depend on what coins you are investing some developer's also abandoned the project they make after they get many investors , and that investors think to leave the project even they got many supporters. Sometimes it's always depend how they manage to continue make their development And investors will follow and buy the coins if they think its worth it for their money to invest in.

acdc

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I think it depends on the project, if it is a good project then the investor will patiently wait long, if it is a bad project, they will quickly leave.
Coins like, Ethereum, litecoin, Xmr, Bitcoin achieved success because they are good projects.

InwardContour

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Quote from: KaratX on April 27, 2020, 12:01:01 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 do not fully agree with this because you might get lucky and make quick profit on some coins you invest in a short time. Well, your point is not bad since Patience is required when holding good coins especially when they still have small market caps. However, not all coins are good to hold. It's funny how people consider some coins "cheap" and invest hugely in them without doing thorough background research especially on team, product and community strength. You might think some coins are cheap and good to hold long term whereas the team has scam intentions or the total supply is extremely large hence coin is overpriced ironically. It's better to hold well established coins long term to reduce risk, but to maximize profit, i throw some dollars to low cap coins I conaider to be gems and hold for long term, but dump when the development progress is stagnant.

TheICE007

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tozex.io

Cryptocurrency success isn't just dependent on investor as regards time, remember that every project has a road map which follows time, anything short of that will get investors worried and see the project as a failure when it can't deliver as regards to what is written in the road map, the road map is there as a guideline and time factor which is looked upon.

mu_enrico

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Quote from: KaratX on April 27, 2020, 12:01:01 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.

KaratX

member

Activity: 252

Merit: 29

Sovryn - Brings DeFi to Bitcoin

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

Topic: Crypto success takes time - page 22. (Read 3571 times)