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Topic: Crypto success takes time - page 4. (Read 3581 times)

member
Activity: 457
Merit: 11
Chainjoes.com
August 20, 2020, 12:44:11 AM
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.

agree with that, also if you're a developer of a project, you should put a timeline on your goals so that participants know if its still worth it to hold or not. you should also do forecasting but it depends because we all know that there's always a sudden changes when it comes to value of coins. a project tagged as success if it completed on time and budget, with all features and functions as specified so basically putting a timeline is important, and Those failed projects were abandoned or cancelled at some point and thus became total losses.
jr. member
Activity: 552
Merit: 1
August 19, 2020, 06:31:42 PM
if you are strong to hold your altcoins or your Bitcoin, of course you will win,
now Bitcoin is at $ 12000, I guarantee it will be over $ 12000 in this week

This cannot be for a pump and dump coin. A coin that with long term prospect is what seem not to be good in the short term, but long term coin is the true definition of value. That does not mean it will not grow, but might attain it's true value in the long run.
sr. member
Activity: 1876
Merit: 318
August 19, 2020, 06:05:36 PM
Many investors want instant profit from cryptocurrency, this is wrong and must be changed. Even though the price of cryptocurrency is
volatile, it doesn't mean that it can make an instant profit. It takes time and patience if you want to succeed in the cryptocurrency world,
sometimes some potential coins are too late to pump. So being patient is the key to success in cryptocurrency investing.
full member
Activity: 924
Merit: 221
August 19, 2020, 05:55:08 PM
Yes, I do agree and bitcoin is one of the best example to it. We know that bitcoin starts at lower price from 1 us dollar to which it reaches the ath which is the 20k more or less usd. For now, bitcoin is at 12k usd and that is already one good thing that happen. Many are happy to it especially those who are investing in bitcoin while market is crashing that bitcoin reaches to almost 3k usd.

After some times probably bitcoin will go high knowing that a lot of people now having fun of investing this kind of projects where they know its risk and this will other think as gambling where one need to gamble and earn profit that could be more easy than other traditional form of investment. But, the risk is also high in this form of investment.
sr. member
Activity: 952
Merit: 253
August 19, 2020, 05:41:55 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
Very right, after you are certain about the quality of a project you will need lots of patience even when the price is dropping, I made the mistake and now I'm deeply regretting my decision, patience and strong set of the mind is the best
The quality project will always be traded above the ROI price and that means when it was getting a drop on its price and it can recover back again very fast. People will try to load more coins when the bearish trend was attacking the crypto.

That actually takes the time.
sr. member
Activity: 924
Merit: 256
August 19, 2020, 05:26:40 PM
if you are strong to hold your altcoins or your Bitcoin, of course you will win,
now Bitcoin is at $ 12000, I guarantee it will be over $ 12000 in this week
I don't think it would happen because Bitcoin is started falling again and going down below the $12k so who knows it will gain or fall. At the moment market is again turning into red so basically no one will give you guarantees about the  Bitcoins price.
well, that's the cryptocurrency price movement, no one knows where, the most important thing is to be patient and never enter when the price is high or the candle is green and has increased more than 20% because it will keep you stuck at a high price.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
August 19, 2020, 10:14:10 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
Very right, after you are certain about the quality of a project you will need lots of patience even when the price is dropping, I made the mistake and now I'm deeply regretting my decision, patience and strong set of the mind is the best
member
Activity: 449
Merit: 10
swordking
August 19, 2020, 10:08:01 AM
if you are strong to hold your altcoins or your Bitcoin, of course you will win,
now Bitcoin is at $ 12000, I guarantee it will be over $ 12000 in this week
I don't think it would happen because Bitcoin is started falling again and going down below the $12k so who knows it will gain or fall. At the moment market is again turning into red so basically no one will give you guarantees about the  Bitcoins price.
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
August 18, 2020, 06:08:13 AM
It's true that crypto projects, just like any other companies in the world, need time to grow, expand, develop, make partnerships, do marketing and so on.
Sadly most investors connect the crypto market with quick flips, just look at all those IEO's. People buy those coins and even use bots to sell them as quickly as possible once they can be traded.
I personally only buy cryptos that i want to keep for a least a year, which has to do with tax regulations in my country too.
Well, it depends on each person's goal. You can't judge those people who want to buy and sell quickly because that's their way to earn money. As long as they can earn profits out of this market, doesn't matter how they do it, they are a winner! Therefore, don't judge anyone by using your own perspective. Not only people who hold coins for the long term earn big, those who trade in the short-term can be rich also!
copper member
Activity: 1120
Merit: 2
August 18, 2020, 06:01:03 AM
A road map is needed for any project to be successful.It's just a matter of time before you're focused.Because for any project to be successful, it has to be implemented step by step.It is not possible to implement it overnight.For that, the team has to give time according to the road map for any project to be successful.Then it will be possible to implement the road map properly.
member
Activity: 669
Merit: 10
August 17, 2020, 09:23:14 AM
if you are strong to hold your altcoins or your Bitcoin, of course you will win,
now Bitcoin is at $ 12000, I guarantee it will be over $ 12000 in this week
full member
Activity: 302
Merit: 100
August 17, 2020, 08:50:20 AM
Success is not definite. Although I think that in this industry time is not the essential factor for a project success, the team and developers are.
It is true that the development team is most important to a project. If the project is made up of talented and reputable people in this market, I believe that those projects will immediately succeed and the price goes up many times compared to the original.
All of the aspects are important. I think that you must remember when a good development is not getting a huge exposure to the public and that will be affecting the demand for the platform. I should remind you about what's happening with some good platforms that have no demand.
sr. member
Activity: 602
Merit: 253
August 17, 2020, 08:47:19 AM
The success of crypto cannot be rushed. It really takes time. The value eventually fluctuates, sometimes it will go really high and sometimes down. But crypto investors must have to be patient enough because it will be worth it. Timing is also required when it comes to crypto.
Not gonna lie since anything or everything can happen in the blink of an eyes. It really takes time and not every long term projects will meet with a happy ending if you know what I'm talking about. At the very least a project with a good, how do I say it, roadmap and anything and a good purposes with a good background team and also investors will eventually becomes good. But just hold it with a grain of salt, not everything will goes the way you want them to.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
August 17, 2020, 08:43:24 AM
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.

I usually compare these crypto projects with startup companies. I mean a project in crypto is an entrepreneurial endeavor and they want to gain funds by creating their own token or coin and then have investors join them, much like in startup companies that needs investors for them to get the money to start with their work. If the said project or business has a sound plan and good team players then you will be able to enjoy their product as an investor or get profits from the sale of their product. For me  that is what it is. You need to carefully pick what cryptocurrency you need to invest to.
full member
Activity: 2590
Merit: 228
August 17, 2020, 07:07:07 AM
For investors, especially long-term investors, this situation is common when the market crashes and has a long period of time to develop again. the main problem is for bounty hunters or traders. those who want a new project or a new coin to get a good price right away can't wait and they end up crashing themselves. indeed it took a long time to wait for 1 or even 3 years. but believe me, it all takes time and time will definitely come.

If the project is good then waiting for that long is not bad, it happened few years ago where those good alts make a huge

rise, if you do believe in certain team and you see the potential of the project's ideas, taking that long will definitely gives you

much better profits. No one knows what will happen in the future only time can tell.
sr. member
Activity: 1722
Merit: 269
August 17, 2020, 05:10:31 AM
It's true that crypto projects, just like any other companies in the world, need time to grow, expand, develop, make partnerships, do marketing and so on.
Sadly most investors connect the crypto market with quick flips, just look at all those IEO's. People buy those coins and even use bots to sell them as quickly as possible once they can be traded.
I personally only buy cryptos that i want to keep for a least a year, which has to do with tax regulations in my country too.
sr. member
Activity: 1680
Merit: 262
August 17, 2020, 05:08:36 AM
For investors, especially long-term investors, this situation is common when the market crashes and has a long period of time to develop again. the main problem is for bounty hunters or traders. those who want a new project or a new coin to get a good price right away can't wait and they end up crashing themselves. indeed it took a long time to wait for 1 or even 3 years. but believe me, it all takes time and time will definitely come.
copper member
Activity: 1106
Merit: 0
August 17, 2020, 04:56:34 AM
Cryptocurrencies must take time to succeed because their value does not easily increase in a short period of time. It takes some time to invest in the crypto market. All the top coins today have reached this position with a lot of time.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
August 15, 2020, 04:48:26 AM
Well said my friend, we should know about it already because investment takes time.
If we invest and gain huge profit in short time, that is not investing, that is what i call gambling.  Roll Eyes
full member
Activity: 443
Merit: 100
https://streamies.io/
August 14, 2020, 11:16:53 PM
The success of crypto cannot be rushed. It really takes time. The value eventually fluctuates, sometimes it will go really high and sometimes down. But crypto investors must have to be patient enough because it will be worth it. Timing is also required when it comes to crypto.
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