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Author Topic: Success factors of a project  (Read 980 times)
MINISTR_E
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December 21, 2019, 06:31:10 AM
 #141

In my opinion, the team that works on the project is very influential on the success of a project because the designs and ideas they have issued must be in accordance with what they are doing, because now we find many projects that only provide false hopes for the followers so that many have felt disappointed with their performance.
Of course, a strong professional team is more than half the success, but also an important factor is a work plan that is detailed enough in time for coordinated work to complete all the tasks of the blockchain project.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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December 21, 2019, 07:25:41 AM
 #142

Just like you said the main factor for project success is finance, in my opinion a good project is the project leader dares to spend money on his project, not just rely on money from investors


the perspective of each person is different, even if the project owner does not spend money and if the project is managed properly, I think the project will be successful, it only needs development and the team is really serious and understand in doing it.

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December 21, 2019, 07:48:21 AM
 #143

Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.

It's my own analysis so far in this altcoin market.
What are your thoughts?

if you want to get financial support, then the project team must convince investors that tokens will have high liquidity in the market so that long-term projects will be very valuable and will always be supported. if from the beginning the listing doesn't get any volume at all, it will be difficult to get more financial support.
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December 22, 2019, 05:43:39 PM
 #144

Keeping the project afloat helps teamwork and a well-thought-out plan of action. Otherwise, no way. You really have to work very hard to succeed.
Yeah, all projects need to work hard and we will have to struggle for its development and achievements so I think the most important thing is mutual cooperation between the system and the investors as it will help allot to make any system grow faster. Now day crypto has floating nature so it will rise and fall smoothly and we should also move according to it for our success in investment.
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