Will you invest in a project that might take years to outshine the market?? - page 2.

Bolivar_Tony

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Quote from: FireDAO CY on May 27, 2023, 03:10:52 AM

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?

I think it's because of the current reality of crypto market, some project most especially the meme coins, they makes a huge a amount of profit within weeks and months and people apply same mentality to everyone project, everyone wants quicks return on their investment than waiting for years

nyashenka

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Quote from: v3liana on July 03, 2023, 05:05:57 AM

Thats it. When we talked about Investing isn't about days, weeks, or months. We are talking about the Years. So i prefer to invest into the coin with big potential and it's okay if it gonna take a long time to shine in the market.

The development of the project depends too much of the conditions of cryptocurrency market. When market falls it is too hard to develop the project because there is not enoungh money for development and there is no so much attention to cryptocurrency.

v3liana

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Thats it. When we talked about Investing isn't about days, weeks, or months. We are talking about the Years. So i prefer to invest into the coin with big potential and it's okay if it gonna take a long time to shine in the market.

zsu123

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Believe in the power of professionalism, there is only one long-term or short-term purpose and that is profit. Risks beyond our control are also relative

bakasabo

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I always divide cryptocurrency into two halves: Bitcoin for long term investment and altcoins for short term investment. I refer altcoin for short term investment, because a lot of new trends, projects and ideas appear all the time. Altcoins dont have time to blossom or gain full strength, when something new appear and replace or improve original idea. Bitcoin has proved its success for ages. That is why I dont concider investing in an altcoin, that will take years to outshine the market. Because when it will be ready to outshine, there will be someone else that will promise more and better.

inthelongrun

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There are thousands of projects here in the crypto industry. I also made a lot of start-up investments in the past but lately, it is getting more difficult to analyze if a project will live up to its hype or not. So now I am just investing in projects that are already in the market, especially the top ones.

We have to understand that a project might have a great goal and be very useful but it also needs a community to support and investors as well to keep it alive while the product is being developed. The only project that I might invest in now is a play-to-earn. I know it is very risky but I missed playing games that have the potential to give you rewards.

Saisher

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Quote from: FireDAO CY on May 27, 2023, 03:10:52 AM

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?

I'm not of these people for me it takes time for a project to mature and completed its roadmap, those projects that promise weeks to shine in the market are pump-and-dump projects, if you check the roadmap of legit projects, you will see that it takes 3 to 5 years to the most before they shine and reach its potential the developers are not in a hurry because they know even Bitcoin take three years to get the world's attention.

smile1218

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Quote from: FireDAO CY on May 27, 2023, 03:10:52 AM

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?

That is now the mindset of people nowadays they are after on the fast profitability, which is very risky if the project is not supported by reputable it might end up scam and you might loose all your investment if you invest unto it. That is true that some project need a lot of time to build and develop. I might invest in a project if it is backed up and developed by people who have a very good reputation in the industry. I don't care how long it will but as long as long as it a clear roadmap, composed of a great team and if it is supported by the crypto enthusiast i will invest unto it. But of course before investing we need to evaluate first if it is really worth it to invest.

bittick

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Quote from: ?? on ??

I'm totally fine with that, my mindset about investing is the "Long term" and i never think to get easy money from investing. So if the project really has value and amazing team behind the project, it's okay for me to hold for a long term.

there should be other question though, it's good and fine if the project that's supposed to be hold for long term is turning out to be profitable but if the project turns out to be massive disappointment then you've literally wasted so many times.

devil-soul

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If i had the certainty that in the very distant future the altcoin in which I invested will reach a certain value I would not have an imminent need for liquidity, certain projects take a long time to be successful

Doan9269

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Quote from: Amejoaquim on June 21, 2023, 09:07:12 AM

If we are talking about the investing then so it be.
I don't see any short term profit if i talking about investing.
Investing is about patience and long term, but most of us has a wrong mindset.
They think investing is only about 1 or 2 weeks then it can make him become rich.

When there a discussion about cryptocurrency projects we have to take a background study to know possible prospect in that coin they are introducing before investing on them, if they have a long time opportunity and future that is realistic then weay consider them base on this and the developers behind the project as well, a good crypto projects will definitely stay long and have more advantages for profitability to it investors while the ones we cannot arrived at the major aims may not last, we hodl because we wanted to maximize the increase potential for higher profitability, so why not holding it it requires doing so and the project is not fake.

Amejoaquim

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If we are talking about the investing then so it be.
I don't see any short term profit if i talking about investing.
Investing is about patience and long term, but most of us has a wrong mindset.
They think investing is only about 1 or 2 weeks then it can make him become rich.

TimeTeller

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Quote from: el kaka22 on June 20, 2023, 01:20:45 PM

I would, but how could they convince me to do that? That's the thing, you can't just say "invest in us today and you will outshine the market in 5 years", I can say "no, you invest in me and I can outshine the market in 24 hours and give you a million dollars per day starting tomorrow", would you believe me? Just because yours is more believable, doesn't mean it's real, so saying "it might take a few years to outshine the market" is not the point, that is a good statement and if I trusted it then I would wait and invest, hell I am willing to hold my bitcoins 20 more years, so why not.

The problem would be convincing people that it would outshine, what if you fail? What if it doesn't outshine? Its not the waiting, it's trusting the statement, and I wouldn't right now.

That's the dilemma of most investors to a new project. As they usually have hard time sustaining their presence themselves.
Also, most projects have short lifespan because of their developers, as they want to just pocket money as much as they can.
Once they got a hold of their money, they seemingly don't want to push thru the project and eventually abandon it.
How could you trust these guys then? Let alone wait for so many years, you will likely end up holding worthless coins or tokens.
We have seen such catastrophe countless times, and I don't think there will be a change on this matter.

criptoalcoatl

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100% yes!
I’d go for the upcoming trend, here you gotta use more knowledge and research more and more
I think it’s hard to guess, you gotta know
I know that web3 will be a trend in 1-2 years
It’s obvious, that’s why I’m into researching projects like NeonLink and others
The ones that bring technology boom to us
New features and cool stuff
If you do it now, you’ll be very and very thankful and grateful later
Depends on what you’re looking for! Someone’s feeling comfortable with easy fast money
Someone like researching and finding game changers in each area
See? I’d definitely wait, it overpays in the future

el kaka22

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I would, but how could they convince me to do that? That's the thing, you can't just say "invest in us today and you will outshine the market in 5 years", I can say "no, you invest in me and I can outshine the market in 24 hours and give you a million dollars per day starting tomorrow", would you believe me? Just because yours is more believable, doesn't mean it's real, so saying "it might take a few years to outshine the market" is not the point, that is a good statement and if I trusted it then I would wait and invest, hell I am willing to hold my bitcoins 20 more years, so why not.

The problem would be convincing people that it would outshine, what if you fail? What if it doesn't outshine? Its not the waiting, it's trusting the statement, and I wouldn't right now.

o48o

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Quote from: terencio on June 15, 2023, 11:48:48 AM

I agree with you. Many people are too impatient and expect quick returns from their investments. They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.

You can't really judge people on thinking that. The whole crypto rich myth as build on getting rich over night because some people have done it. EVERYONE i know has came into crypto other than devs has become in because they wanted to get rich.

I see those people in low- and microcaps, but they are a minority or they are not as loud as sensible hodlers. Somehow every new lowcap token out there thinks it's reasonable to have over $100M marketcap. And if they are going past that, they will start to talk about being next shiba, or eth killer.

jossiel

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Quote from: fzkto on June 17, 2023, 07:59:31 AM

Quote from: jossiel on June 17, 2023, 07:48:48 AM

Quote from: terencio on June 15, 2023, 11:48:48 AM

I agree with you. Many people are too impatient and expect quick returns from their investments.

This is hard to change for most of the investors that are only here for the quick profits. That's why they're looking for those projects that are hype and making a noise because they can make quick profits from it.

You are right in saying that in the cryptocurrency market everyone is trying to get quick profits, and many end up losing money and becoming disillusioned with cryptocurrency. I also agree with you that a good project needs development, which sometimes takes more than a year or two. But there is a paradox here. While one project is developing and making a product, several other projects may appear in its place. In the crypto world, projects don't live long; technologies become obsolete very quickly and something new is constantly emerging. There is a lot of competition.

That's the real scenario in the market. There have been projects that are existing before they become known and yet a rising star project is being recognized for that moment.

It is one reason why many project developers are very quick in taking leads of the path of their project. They're like taking a shortcut in execution and that leads them to being questioned if they're serious with their projects.

coin-investor

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Quote from: fzkto on June 17, 2023, 07:59:31 AM

You are right in saying that in the cryptocurrency market everyone is trying to get quick profits, and many end up losing money and becoming disillusioned with cryptocurrency. I also agree with you that a good project needs development, which sometimes takes more than a year or two. But there is a paradox here. While one project is developing and making a product, several other projects may appear in its place. In the crypto world, projects don't live long; technologies become obsolete very quickly and something new is constantly emerging. There is a lot of competition.

That is why we need to follow projects that we've invested we need to check if they are following their roadmap or intentionally delaying it, and check the kind of characters the developers have, if they do not update the community, you have something to worry especially if the projects come from crowdfunding, you should be quick in your observation and do not have an attachment to projects so you can quickly dump.
The worse thing is being late to dump and you are left with bags of useless tokens.

fzkto

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Quote from: jossiel on June 17, 2023, 07:48:48 AM

Quote from: terencio on June 15, 2023, 11:48:48 AM

I agree with you. Many people are too impatient and expect quick returns from their investments.

This is hard to change for most of the investors that are only here for the quick profits. That's why they're looking for those projects that are hype and making a noise because they can make quick profits from it.

Quote from: terencio on June 15, 2023, 11:48:48 AM

They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.

Actually, everyone knows that building a good and working project takes time. But you can't beat the system that everybody also thinks about one thing, making money.

You are right in saying that in the cryptocurrency market everyone is trying to get quick profits, and many end up losing money and becoming disillusioned with cryptocurrency. I also agree with you that a good project needs development, which sometimes takes more than a year or two. But there is a paradox here. While one project is developing and making a product, several other projects may appear in its place. In the crypto world, projects don't live long; technologies become obsolete very quickly and something new is constantly emerging. There is a lot of competition.

jossiel

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Quote from: terencio on June 15, 2023, 11:48:48 AM

I agree with you. Many people are too impatient and expect quick returns from their investments.

This is hard to change for most of the investors that are only here for the quick profits. That's why they're looking for those projects that are hype and making a noise because they can make quick profits from it.

Quote from: terencio on June 15, 2023, 11:48:48 AM

They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.

Actually, everyone knows that building a good and working project takes time. But you can't beat the system that everybody also thinks about one thing, making money.

Topic: Will you invest in a project that might take years to outshine the market?? - page 2. (Read 808 times)