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Author Topic: What does success mean?  (Read 948 times)
Stedsm
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April 21, 2020, 09:58:38 PM
 #41

All your arguments are taken as the correct points here, but during my long journey with crypto, I've figured out that people are interested in figures more than these projects itself, so if something pops up and it will be launching as an IEO over Binance and you get to buy some hefty amount of their tokens during presale and lottery, and when it opens up, boom. You just sell it 5-10 and even 20 times the price you bought them for. Many people will call this success, both for the project as well as themselves. This is the reason why most projects fail because the fact is, everything had since been a pump-dump scheme and people want this only - quick money.

The projects don't tend to survive nor they show any signs of prolonged developments because investors are not interested in - what has the project to do with Blockchain, technology and blah blah but all they look for is money because they are just pretty simple investors who just take these projects as a Pandora's box.

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April 21, 2020, 09:59:23 PM
 #42

Success is just a goal the more you thrive the more you will meet your goal and that goal define who you are. But talking about the success in projects is a little different than your personal goals because it's a team goal. Everyone is working so hard so that they could attain their goal in the future. No matter how hard it would be as long as you're motivated to pursue your goal you will attain it in no time.

But these projects are just a mere imitation of the existing ones and chances of getting it to succeed will run short once there's a lot like you who also imitate the same project. Being the original creator is what makes you stand to all of them and that is not a given so you have to find your way to make it happen. Just like Satoshi did.

That is the act of standing out among the crowd.
No matter how many projects are, who pursue after the same target, some will be exceptional and if you want to be exceptional, you must bring out an extraordinary result.
To rate project as being successful, it must come out with something extra. Thatis, the team should add what was not added by others. No matter how little it is, it will definitely make a difference.
Some projects strove to make a  difference and they achieved it. That is what success it.
Whoever does not achieve it or has not attained the desired goal, will know for sure that he needs to do more.
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April 21, 2020, 10:46:56 PM
 #43

As a bounty hunter, in my opinion the standard of success is the project that I support can build a good community and market so that the price of ICO or IEO can be reached or even exceeded. A timely listing and distribution schedule is also part of the success I hoped for, which at this time is rarely realized.

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April 21, 2020, 11:03:27 PM
 #44

Today you can see many topics and meassages that new projects do not succeed.
But what is success? If we measure success by today's standards, then for the majority it will mean listing on a large exchange and rising prices.
But is it success and success for whom? For those who just made money on this speculation? For a project that earned? For the exchange that earned? And where is blockchain and technology here?

In my understanding:
Success is the full realization by a project of its ideas and goals.
Success should be determined by the benefits that the project brings in itself and gives others, but not how much it costs, because these are just numbers.
Success and price should be determined by the value that the project gives the world, and not the amount of money poured into the project.

I hope that in the future there will be more such examples.
For me success isn't means top exchange listed and price huge pump. Every project has roadmap, I think if team members can deliver real and effective product as roadmap. Because of strong team members, low volume exchange listed coin pump huge. Projects also need real investor for long time. Project idea should be good, then team members can help.
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April 21, 2020, 11:29:33 PM
 #45

Today you can see many topics and meassages that new projects do not succeed.
But what is success? If we measure success by today's standards, then for the majority it will mean listing on a large exchange and rising prices.
But is it success and success for whom? For those who just made money on this speculation? For a project that earned? For the exchange that earned? And where is blockchain and technology here?

In my understanding:
Success is the full realization by a project of its ideas and goals.
Success should be determined by the benefits that the project brings in itself and gives others, but not how much it costs, because these are just numbers.
Success and price should be determined by the value that the project gives the world, and not the amount of money poured into the project.

I hope that in the future there will be more such examples.
For me success isn't means top exchange listed and price huge pump. Every project has roadmap, I think if team members can deliver real and effective product as roadmap. Because of strong team members, low volume exchange listed coin pump huge. Projects also need real investor for long time. Project idea should be good, then team members can help.
A successful project does not come only with a good price and a good exchange but it's more on the adoption of the people about the subject of its promotion. A successful project always sees to it that not only the investors and bounty hunters are satisfied with the result of the project but most of all the consumers fulfillment in which why this project is definitely made.

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April 22, 2020, 08:23:21 AM
 #46

I think most peoples measure success with the value of the coin on the project.
For example, bnb coin value is high, then binance project has succeed.
For me, the measure of success not only by the value of the coin, but the adoption of the project to peoples, how much the project has been adopted and used by peoples.

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April 22, 2020, 08:56:47 AM
 #47

in my opinion a successful project depends on the quality of a token and knows how to manage a roadmap, many projects fail due to lack of consistency and good concepts so that large token disposal occurs, each developer must learn from several projects that fail to be made as experience and make improvements in the future.

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April 22, 2020, 10:42:29 AM
 #48

Agree with your point about people measure a project success with a very shallow view by just simply with high cost, high price, high number,... To me, I rather avoid a project like that because those numbers could be inflated because everyone was on the hype train. A real success project would have a strong community who understood what that project was about.
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April 22, 2020, 11:07:46 AM
 #49

Today you can see many topics and meassages that new projects do not succeed.
But what is success? If we measure success by today's standards, then for the majority it will mean listing on a large exchange and rising prices.
But is it success and success for whom? For those who just made money on this speculation? For a project that earned? For the exchange that earned? And where is blockchain and technology here?

In my understanding:
Success is the full realization by a project of its ideas and goals.
Success should be determined by the benefits that the project brings in itself and gives others, but not how much it costs, because these are just numbers.
Success and price should be determined by the value that the project gives the world, and not the amount of money poured into the project.

I hope that in the future there will be more such examples.
i believe that depends ! for investors success is return of invest with profit after period of time . but for the company success should be having a large database . and also that database (investors) believe in company .that is also the job for company to build a good relationship with investors.success in blockchain is defrent story for world .we should wait for world to accept blockchain first.then we will see some good project to use blockchain to make world better and be good for everyone in every way.

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April 22, 2020, 12:00:34 PM
 #50

Success of project in crypto is their ROI first of all
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April 22, 2020, 04:34:24 PM
 #51

All your arguments are taken as the correct points here, but during my long journey with crypto, I've figured out that people are interested in figures more than these projects itself, so if something pops up and it will be launching as an IEO over Binance and you get to buy some hefty amount of their tokens during presale and lottery, and when it opens up, boom. You just sell it 5-10 and even 20 times the price you bought them for. Many people will call this success, both for the project as well as themselves. This is the reason why most projects fail because the fact is, everything had since been a pump-dump scheme and people want this only - quick money.

The projects don't tend to survive nor they show any signs of prolonged developments because investors are not interested in - what has the project to do with Blockchain, technology and blah blah but all they look for is money because they are just pretty simple investors who just take these projects as a Pandora's box.
Unfortunately, you are right. More people are interested only the profit of  investment and in addition, investing is a way to preserve assets. Although I choose the interesting projects and regret if they didn't collect financing . The live and current projects can be counted on fingers
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April 23, 2020, 07:36:59 AM
 #52

Success is when the project and the investors has actualize their main goal which is making profit. A project is not yet successful when there's no profit in it. All project are created to be successful in the market

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April 23, 2020, 08:12:28 AM
 #53

If your talkung about success in crypto then you must have at least two of these.

1. The token or coins under your project is well diversed and useful. Meaning it should have been used in many ways or depend on its use case. There are lots of projects that depend on their platform and if your doesnt do good or any help at all, where is that success anyway?

2. Liquidity, this is important, let say you already have a working product and widely spread and use by users. Therefore, you should have an earning to support this system you have running. If not, how can the project survive?

Hope this help, but your rationale is also nice OP.
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April 23, 2020, 09:17:07 AM
 #54

I think most peoples measure success with the value of the coin on the project.
For example, bnb coin value is high, then binance project has succeed.
For me, the measure of success not only by the value of the coin, but the adoption of the project to peoples, how much the project has been adopted and used by peoples.
The value of a coin can be an indicator to determine how success the project was. I must remind you about to reach a good value and the project must have done a very good performance on the development progress. more value = more users caused by when people started to buy the coins because they were seeing something useful on the platform and that will increase the value instantly.

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April 23, 2020, 09:49:59 AM
 #55

Success is when the project and the investors has actualize their main goal which is making profit. A project is not yet successful when there's no profit in it. All project are created to be successful in the market
Yes, it is very precise, and clearly for the success category of a project is when all lines can benefit from the project, such as investors, project owners, and bounty hunters who make promotions when the project is run.
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April 23, 2020, 10:20:14 AM
 #56

Success from my own perspective is when the project  archive their aims and objective,in which  both investors and the bounty hunters benefit from such project.

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April 23, 2020, 10:29:52 AM
 #57

Success from my own perspective is when the project  archive their aims and objective,in which  both investors and the bounty hunters benefit from such project.
Success is generally of two kinds, first is short-term success and second is long-term success, you can see a successful project and then be listed on the exchange, but in a short time the tokens of the project immediately dumped and deleted in the stock and project conditions there are no developments, so in the sense of success, you should also review these two things.

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April 23, 2020, 10:52:32 AM
 #58

You've got some good points there.

It seems like success means how much money the project made by now unlike how it does before.
When it booms to $10m from the offering people are hyping it.
The hype should always be from the start because of the features of the service itself.

We still see that though, like 2/100 projects here that makes an announcement.
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April 24, 2020, 06:51:40 AM
 #59

For people who are investing into altcoins and trying to make as much money as possible, success is when you are making a profit from them and not only profit but it gets to a level where it is mainstream now. For example, if you join a new ICO and eventually you see that coin in top 20 that is success beyond measure, that way you know both you invested well and also you are now proud owner of a coin that gets acceptance from the market as well.

For the coin creators, success is basically the same, but difference is you do not stop and you always improve and all of your ideas and improvements are well received as well, a trader could get out and just profit, a creator is stuck and has to continue forever, so you need to be good at improving constantly as well.

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cahbagus555
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April 24, 2020, 08:06:28 AM
 #60

If success is defined in the investment world, of course the large percentage of profit becomes a measure for the success of an investor or trader. In the crypto market, I think many people are successful and able to make big profits from both long-term and short-term investments
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