Impatience kills projects | Bitcointalksearch.org

starsnshamrocks

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Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

I certainly have killed plenty of great opportunities as I was too impatient. Plenty of projects/Coins that I have held but turned my back to after a while, turned out to be massive successes .. well not for those who have not stayed on board. But that is also life is. You get chances, you might not use every one, but as long as you still receive chances it is not that bad.

peterthegreat

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Quote from: Wyne on January 19, 2018, 11:56:19 PM

Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

Yes, I agree with you that due to the impatience mentality of the investors, the success of project were ruined. Before the project reach the peak of success, it took some time that undergoes analytical development and process. Since the project is on-going, experiencing price fall or declination is part of the whole picture. It just happen that many investors got panic and eagerly sell or withdraw their investments once the coin do not reach their expectation or undergoing price fall that will hinder the project development.

Those new in cryptoworld do not realize that bitcoin took a long time before it gains attention and establish a good reputation in the market. And this is just a result of the investors who do not leave and still believe on its great role in the future even its value decline sometime.

Every crypto holders must trust on the capacity and role of their crypto in the future no matter what is the current value of it in the market now, because in crypto, the most important is the value of crypo in the future, not its value today.

The quality of the coin should matter more than the value. People should be patient about the value.

qiwoman2

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I am also fed up with many crypto traders attitudes, especially in the slack groups and telegram rooms. I see people being so arrogant and rude to some development teams my mind boggles and I sometimes think, didn't their mothers teach these bunch of kids any manners. They talk to the Teams like they are God or something. I moderate in one slack group and I had to try once to really calm down a rowdy and very rude crowd but as politely as I could. Many of these projects are startups so people HAVE to learn to be patient. I know many millennials were spoon fed but come on lol, this is business.

Joriecoinbit

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Quote from: anavir on January 20, 2018, 12:01:39 AM

yes..impatience kills project because you will be out of focus of what you are doing and the tendency is you will quit ...so if you want to be successful of what you are doing you have to be patient enough

Waiting for the right entry point is an essential characteristic of every successful trader. If you're tempted to trade your coin even if it's at the lowest price, learn to fight your temptation. Then remind yourself that following your discipline will contribute to your success.

sugihe

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Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

It is not good reference when we say that altcoin or project is scam because its not going up 100% in one week.
Scam or not is depending the team. If team go away with the money and its scam.

gentlebaguette

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HaHa, people are really crazy about protecting their money on projects so it leads to some bad cautions like a big flush selling or saying this scam , that scam , ... even none of them make sense.

anavir

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yes..impatience kills project because you will be out of focus of what you are doing and the tendency is you will quit ...so if you want to be successful of what you are doing you have to be patient enough

Wyne

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Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

Yes, I agree with you that due to the impatience mentality of the investors, the success of project were ruined. Before the project reach the peak of success, it took some time that undergoes analytical development and process. Since the project is on-going, experiencing price fall or declination is part of the whole picture. It just happen that many investors got panic and eagerly sell or withdraw their investments once the coin do not reach their expectation or undergoing price fall that will hinder the project development.

Those new in cryptoworld do not realize that bitcoin took a long time before it gains attention and establish a good reputation in the market. And this is just a result of the investors who do not leave and still believe on its great role in the future even its value decline sometime.

Every crypto holders must trust on the capacity and role of their crypto in the future no matter what is the current value of it in the market now, because in crypto, the most important is the value of crypo in the future, not its value today.

Ausgewielt

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Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

Many People who invest in altcoin are only care about the price. They happy when the price rise and impatience or mad if the price fall. They should change their habbit, they need to atleast an observation before investing, fluctuations price is normal thing in cryptocurrency market. They should supervise the development of the project. If the developer are lazy then they should buy other coin.

shimbark123

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This is my main reason why I am losing all of my trades. I don't hodl for 6 months and up. And when I decided to sell my asset, there goes its uptrend. It feels so bad that, that thing is repeating over and over again Sad

. But I don't quit trading because there are a lot of opportunities in trading.

Fippy

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It is incredible but this is the real fucking truth.. i am seeing a lot of projects who are literally destroyed because the community is very toxic, or because they are always asking for exchanges, for bounties, and that makes me sick.

tamarindbleu

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Quote from: satria33 on January 18, 2018, 11:22:14 AM

To build a successful project requires a process and it takes time if the project is said to be a scam as the price of coins / tokens down to 100% is reasonable because maybe the marketing team of the project has not been so experience or it is a strategy from Dev

fact, because a project really matters and takes a long time to be sucessful you may be lack of hope and chance but remember that in every situation that come you must be patience.

lumeire

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Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

Don't worry, that has always been the trend here for many years already. Couldn't do anything about it so I just used the info and bought more when the market crashes.

CryptoPushkin

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It's not only "impatience", it's just handling investment as if they were casino gambling, where you have to get immediately satisfaction or the game is rigged. Such a low level...

vinbentrob

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Since many of the cryptocurrency projects are not lottery or ponzi, investor must learn how to wait for their project develop in to something they will be proud of. Cryptocurrency is very fast and that may suggest the reason for impatient.

rhodelmabanal

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Yeah I agree to this statement because it could easily breaks yiur project and also with you. I think we really need to be patience because although they said scammers takes a lot for you so don't get tired of waiting. Be sure to have a legitimate project to avoid failure if you think this might takes time so ask some if your team to kindly check the speculate coin as if someone could warn as soon as possible.

onpages

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Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

yes, you are very right. many people are impatient nowadays, whereas the crypto world requires us to be more patient when we want to gain more profit. as evidenced by some of my experiences, a project will show short and long term plans. for short term about 3 months and long term more than that.
and usually the project will work with long-term plans.

mrcash02

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I believe doesn't matter how fast the prices fluctuate, but if the demand isn't artificial, so we can see if the project is solid, if there is a real purpose behind it besides the speculation. The impatience is a reflex of the speculative investment modality, as people think the project can fail anytime and they can lose money for this reason... So the profit must come fast, to guarantee themselves fast and exit the game with profit.

Mevz

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Quote from: Thanasis on January 18, 2018, 12:56:04 PM

Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

The main reason for the failure of many legitimate projects is happened due to the impatience of investors they are rushing to trade their tokens or coins immediately after they listed on exchanges.We knows that price of coin is based on the demand and supply so what will happen if all the people are selling their token at the same time.It will lose it value hardly and it can not be recovered again in many cases.
So people who are investing on ICOs need to wait and you can make more money if all investors will hold their tokens longer.

I think its normal when investors always hear's frauds from the others. But some of them are strong holders they buy all sell orders of some dumpers that's why many of this dumpers are spreading fraud to buy again the coin when they think its pumping also with the airdrop hunters who doesn't even value the coin. They don't even care about the project they're just thinking about the free money they have.

GREATLOVE

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Quote from: Mankov on January 18, 2018, 11:11:58 AM

In so many threads I see a huge impatience. That kills projects.

When a coin doesn`t goes up 100% in 1 week then it is "scam", and if it declines 100%, too. Cheesy

What do you think how long does it take to establish a project in a market? 6 weeks? Very often I have this feeling that many in our community think like that.

And 100% up and down is nothing in the coin market, have a look at pennystocks, there it is the same thing. And if you watch stocks in dow jones 1 $ up and down ist nothing, because the market is much bigger.

Because there are some campaigns are really do promises on when they list it. So, their are some of us really expected it and hoping. But I know and I understand that the listing of coins is really processed it takes weeks or month sometimes.

Topic: Impatience kills projects (Read 488 times)