Crypto success takes time

[KaratX]

People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

[mu_enrico]

People don't want to give projects some time to grow

Why focus on time? Give more time? etc.
Projects should have a reasonable timeline and the developers must deliver (the results). If they can't deliver, the risks will build up and then the project failure rate will increase.
I think investor will give them time as long as the development is still on the correct track.

[TheICE007]

Cryptocurrency success isn't just dependent on investor as regards time, remember that every project has a road map which follows time, anything short of that will get investors worried and see the project as a failure when it can't deliver as regards to what is written in the road map, the road map is there as a guideline and time factor which is looked upon.

[InwardContour]

People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

I do not fully agree with this because you might get lucky and make quick profit on some coins you invest in a short time. Well, your point is not bad since Patience is required when holding good coins especially when they still have small market caps. However, not all coins are good to hold. It's funny how people consider some coins "cheap" and invest hugely in them without doing thorough background research especially on team, product and community strength. You might think some coins are cheap and good to hold long term whereas the team has scam intentions or the total supply is extremely large hence coin is overpriced ironically. It's better to hold well established coins long term to reduce risk, but to maximize profit, i throw some dollars to low cap coins I conaider to be gems and hold for long term, but dump when the development progress is stagnant.

[acdc]

I think it depends on the project, if it is a good project then the investor will patiently wait long, if it is a bad project, they will quickly leave.
Coins like, Ethereum, litecoin, Xmr, Bitcoin achieved success because they are good projects.

[Akiko]

People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

its actually  depend on what coins you are investing some developer's  also abandoned  the project they make after they get many investors , and that investors think to leave the project even they got many supporters. Sometimes it's always depend how they manage to continue make their development  And investors will follow and buy the coins if they think its worth it for their money to invest in.

[abel1337]

People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

its actually  depend on what coins you are investing some developer's  also abandoned  the project they make after they get many investors , and that investors think to leave the project even they got many supporters. Sometimes it's always depend how they manage to continue make their development  And investors will follow and buy the coins if they think its worth it for their money to invest in.

Right! I am holding different coins today that the developer abandoned, It's sad that I lose the chance to sell it on the price it should be, But I think it's more worth just holding it as a memento for an abandoned project. People today are just afraid of losing the value on time because there are many tokens that crashed its value because of forsaken.

[Odebowa]

Cryptocurrencies have experienced huge, volatile price swings in recent years. Some crypto traders have thrived from this while others have not.

Essentially, a crypto trader is an individual who speculates on the price direction of a cryptocurrency like Bitcoin. For example, let's say a crypto trader believed the price of a cryptocurrency is likely to move higher and therefore wanted to buy it.
The time taking to decide on when to buy and sell can be regarded as waste of time but it's necessary for one to make viable or reasonable profit

[AmoreJaz]

People don't want to give projects some time to grow

Why focus on time? Give more time? etc.
Projects should have a reasonable timeline and the developers must deliver (the results). If they can't deliver, the risks will build up and then the project failure rate will increase.
I think investor will give them time as long as the development is still on the correct track.

and that is entirely dependent on the development team. supporters can just be supporters or followers, but they can't do anything about the implementation of their plans. yes, I do agree that success takes time but that is if the dev team is still active and has motivation to follow thru their supposed roadmap. tbh a lot of projects can't accomplish their objectives because the dev team got exhausted of doing things and if they have no enough funds, thats when they start abandoning things...

[Shallow]

People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

First, it is not that people don't want to give projects time to grow but just that, they are trying to protect their investments or funds, the question is how? Many projects that are dying slowly or already dead all started fine but the team lost it along the way. Many projects, once IEO ends or once they get listed starts struggling to maintain a reasonable price, and the fault is from the team because they aren't doing anything to see the project through, and the list continues. All these issues starts with the team, hence no one wants to fall victim of holding a useless coin.
Then secondly, your last line or paragraph is what most people are doing now, they hardly trust any new projects, even if they should, most of the times it will be for short term; therefore they go for already existing projects for long term.

[FLHippy]

But how much time we still need? We are in the longest bear market in the history and thanks to coronavirus situation it doesn´t seem that only crypto will grow and other markets will fall.

[cytpoway121]

People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

The start of crypto currency 10 years back can indeed compel patience. But after 10 years of dominance seeking more time before success is just an excuse.

Digitex has taken 2 years to launch their futures exchange.
Iagon platform also after 2 years are yet to launch their cloud mainnet.

Time i s just an excuses, a good team will go ahead to launch even if it means struggle for a while, you can cite hubrisone, tokowallet as a use case

[Youghoor]

The bitter truth that many investors don't seem to get even up till now! No matter the use case of the project it needs to grow, gain some adoption with its working products and once the use of it increases those who bought in early start seeing profits by holding their coins all this while. Some projects also have burning process as they form partnership and release some parts of their products and once this happens, it brings about an increase in the price of the coin.

[Kasabus]

But how much time we still need? We are in the longest bear market in the history and thanks to coronavirus situation it doesn´t seem that only crypto will grow and other markets will fall.

No matter how long, you will see the crypto market will rise again. You can see a good sample from bitcoin. Bitcoin needs 10 years to reach $20k, although the price is back to the lower price, the adoption process still continues, so the crypto market has a chance to grow more than now. The Coronavirus itself will not stay with us forever, it will end soon without we realize, and we will see the world will be back to normal although there will be different than before.

If we can be more patient with crypto, then let's just wait for the perfect time when will crypto market price skyrocket again. Success comes to those who never get tired of waiting even if it means the rest are already quitting. We have seen how crypto market struggle from its bullish season down to its bearish season, and then it will surge again back to its bullish time. Let's just learn to ride with the crypto market volatility.

[ballerin and giroud]

This is why you have to set your profit target and set the lose that we can afford to accept. Crypto investment is high risk and high return especially in altcoin because almost all altcoin prices will be pumped when they just listed on the exchange and it will takes a few before the price will be dumped again. You can choose these situation as your chance to gain profit. Unless you choose bitcoin as your investment place then it will have a little chance for you to lose a lot of money.

[patz22]

OP, I guess we can say that if you are someone who is so rich that you can wait for your investment to grow or even not, but you have to have that mindset of a millionaire for you to wait patiently until the project will deliver, I would agree for some projects like what you have stated but if you are going to compare the devs from the old projects to the new ones, I believe that the old ones are better even though the new one got a lot of improvements when it comes to ideas and innovation in cryptospace.

[mahilchii]

Definitely, crypto is a long-term asset and it will benefit only for those who have patience. You cannot expect a quick return in crypto after investment, sometimes it will falter and again it will bounce back.


Hundreds of coins fail but only the successful project will be listed in the chart list, but remember it's very very risky you need to invest in a right coin to expect some good profit.

[btc_angela]

People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.

Those projects you mentioned was like I will call the 'trend setter' coin. So definitely up to know they have enjoyed the support of investors.

Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

Problem is some of the projects in the 2018-2020 era was just pure p&d. And in most cases, they are just a copy cat of previous projects that became successful that's why they have a hard time and some didn't have use case at all.

[gundala]

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Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins

This is the importance of us doing an in-depth analysis of the projects that we will support or join to invest. Every project must have a roadmap, every stage of development has been well planned, a quality project will definitely provide updates related to its development. Then we have to understand that so we can get the right timing, not rush and give up. Remember, patience is not easy. Moreover, the crypto world is very full of predictable things.

[Rengga Jati]

You are right, every project has their own road-map that will become the guidance of their work progress.
However here, the problem is how about the projects that have uncertain schedule of listing the coin? How long should it take?
In my personal opinion, crypto project needs the time to becomes successful. However, how long? How is the progress? It should have their schedule and they must have progress on their projects. Informing their communities about the progress of the token or coin is also a must.