Impatience kills projects

[Mankov]

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. 
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.

[satria33]

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

[dx_twisted]

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. 
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 cryptocurrency market is still at low volume if you will going to compare it with actual stocks and dow jones. Even fiat money has more volume circulating throughout, given that central banks per nation has the power to fully control the supply of paper money and coins. That's the reason why a 1% increase or decrease does really matters. In terms of Bitcoins and Altcoins, a low percentage of gain and loss isn't significant if you have put a low amount of investment on a certain as it will only change just a bit, it might only get worse or good if the movement gradually continues so on and forth.

More and more people are being enticed with cryptocurrencies. However, they only look on the bright side, which leads them to false information or believing that investing with BTC's or Alts is a quick rich scheme. That's why many people who have tried and failed was due to their short patience because they have been mislead and misunderstood within the digital economy structure.

[Shutup]

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. 
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 l believe that impatience kills project because once you surrender you will lost your target.Impatience equivalent to quitting. You will never finished what you started. But you end it. No more chance to meet your project.

[faithupgrade]

To avoid joining and investing in useless coins. Invest only from coins with solid business model. Make sure the ICO or coins you will be joining has a solid business to back its coin.

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. 
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.

[piloder]

It is true that crypto market is volatile and even the established coins with high marketcap can also have 20 to 50% pump/dump overnight it is normal to have 100% down in coins with less marketcap and trading volume.

However there are also many ponzi/scam specially in yobit where it got 500% up in few hours and it get dumped hard to almost zero because dev will dump his/her entire holding at once.

[DrGuns4Hands]

In everything you wanted to do, patience is a must. Being in rush is very dangerous. Dont take it too fast, plan it very carefully and perfect. Everything in this world takes time.

[Mankov]

Orchestrated pumps are a big problem which also leads to distrust in many coins which have huge potential.
100-200% up and down doesn`t mean it is scam, it could also pumped by someonelse.
And if a famous person says "that could be a great project", than it`s the traders fault when they pump it up, because of their fear of missing it.

[peterthegreat]

If the idea and the coin is terrible on the first day then in most cases more time won't improve it.

[BrewMaster]

altcoin market is in a way like pennystocks. and that similarity is only in the huge risk, unpredictability, and big swings. otherwise there are no other similarities.
altcoins are not regulated and extremely manipulated. you can not see that in penny stocks.

also you seem to be ignoring the fact that most of these "projects" are pure bullshit. they put up a pretty front with some pretty words and a paper (that sometimes they pay someone to write it for them). and 0 product. someone with minimal programming skill can create one and they do create lots of useless projects. hence the 100% pump and dumps in mere hours.

[eyesopen]

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. 
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.

you are right, people who have bought into a project expect too much too quick.
there is a massive expectation to be able to buy a coin and sell it as quick as possible at a massive profit
and then move on to the next project and do the same.
I know from friends who have been in crypto for a while now that you have to have patience,
projects take a long time to go through their processes and developments.

[WalkerIVIV]

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. 
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.

But if you have been watching a lot of story in so many old icos and then the longterm holders will always be a winner. They are only greedy person that only cares about profit and profit. They can't give a lot of time to the developers to develop the product the fact that the product is a big key to make the price jump to the moon.

[Davinus]

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

I have invested in a huge large amount of ICO's at the moment, and this is the real fucking truth, seriously. It is incredible the amount of people who are always desperated about seeing the coin on exchanges only two days after ICO. This is not a good behavior, and this kind of emotions are the only things that you require in order to kill a project after ICO

[Mankov]

altcoin market is in a way like pennystocks. and that similarity is only in the huge risk, unpredictability, and big swings. otherwise there are no other similarities.
altcoins are not regulated and extremely manipulated. you can not see that in penny stocks.
also you seem to be ignoring the fact that most of these "projects" are pure bullshit. they put up a pretty front with some pretty words and a paper (that sometimes they pay someone to write it for them). and 0 product. someone with minimal programming skill can create one and they do create lots of useless projects. hence the 100% pump and dumps in mere hours.

Well, in gold- and silver-mining-stocks it`s the same thing there are many scam-explorers. Guess 70-80% of the offered mining-stocks (circa 8.000) are professional scam or goes down for other reasons. I think it`s much easier to find a good coin than a mining-stock, at the moment. I`m just looking at the team and idea of a project. The research is not so hard than in mining-stocks.

[Thanasis]

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. 
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.

[hitrawal91]

Yes i agree with you nowadays people are not having that kind of patience, which is expected to have in every Crypto trader because when you are investing your money in some projects then you need to give some time to prove its potential and if there is something wrong in that projects that means you have not selected the right project and I think people fail to hold the Good ICO's only because of their previous bad trades and because of that they even fail to hold the good ico's and project. Remember one thing that patience is the key to success here in the trading and investing market no matter how big or small the project is, you just need to follow this simple rule, BUY THE RIGHT AND HOLD IT TIGHT.

[seizetehday5]

That is why the real value of the company comes from organic growth and the proper project runners don't care about hype or pumping up coins. These are the projects you want to invest in because more than likely they care to provide real value and more than likely they stand a better chance to be around than those pump and dump coins.

[adzino]

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

You can not blame the community for the failure of a project. The developers are also equally liable. If they really wanted to continue with the project, they would not heed the negativity.

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

Well it is actually a good sign when a price doesn't skyrocket in first few weeks. Or else there might be high chance that the price are being pumped and will soon will be dumped causing the project to die. More like a pump and dump scheme.

[Mankov]

Yes, I`m talking about solid projects. Ok, but sometimes there is also a lack of good public relations, so they investors misunderstood it and drop their coins. Good pr is very important.

[FrueGreads]

I think you are absolutely correct, and the huge increase of the price of bitcoin, and of many other altcoins is in fact a "curse" in my opinion. All these coins are still being tested and developed, and since they run on a free market, they are not responsible for how people price it. Bitcoin has a huge potencial, but it's not done quite yet, and it will take some time improve. People don't understand that, and think that bitcoin is already a currency and can be used for payments all around the world and by the masses, but we are not there yet, so we can't really complain about it.

People buy bitcoin, and then they complain that the fees are high, and that they can't use it, and that bitcoin's price is to high because the coin useless, and all of those things. If they knew in what state of development bitcoin is now, they would understand that the price they are paying now is not reflecting the actual state of bitcoin, but it's future use cases.

If people believe in bitcoin future, then they should buy it and kind of forget about it, and let the devs do their work.