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Author Topic: Crypto success takes time  (Read 3571 times)
onrise
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April 28, 2020, 04:16:50 PM
 #61

indeed , as all things in life , succes takes time , for sure in cryptoworld , things can go fast but in most cases time is what they need , but that also means that you have to own strong hands as only time is not enough , in that time there will be moments that you need the strong hands

Nothing is permanent in the world and any short cut to success would also be fallen ack. Some people join in crypto because they think that here money could be made quickly and those who had seen the fall from 20k approx to 5k levels also would know how difficulty it becomes as then you need to hold it or ensure that you  get out with minimum loses. A good balance of investment in different joins and allocation can help you to curb some risks and over a period of time systematic investment will help you to achieve the ladder of success according to me.

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April 28, 2020, 04:18:48 PM
 #62

I agree with you, and not only crypto currency, success on life also takes time.
What we need is to so the right things, follow the right steps and preparations to enjoy the best results.
If we consider digitex exchanges, it has been launched after a long time, but it js easy to use and also a beautiful interface and security.
If we follow the right projects, we would realize easily that success takes time
That's why we need to learn and remember history.
We are living in the most fleeting times (in terms of technologies and other industries' growth).
And yet we still manage to be impatient enough to complain
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April 28, 2020, 04:20:20 PM
 #63

I agree with you, and not only crypto currency, success on life also takes time.
What we need is to so the right things, follow the right steps and preparations to enjoy the best results.

If we consider digitex exchanges, it has been launched after a long time, but it js easy to use and also a beautiful interface and security.

If we follow the right projects, we would realize easily that success takes time
Yes, but to know the pros and cons of a project also requires time to analyze or make a little research on the project, because right now good and bad projects have been mixed so it is very difficult for us to determine the good or bad of a project.

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April 28, 2020, 04:22:15 PM
 #64

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
Cryptocurrency takes time to grow, but it’s not a must that you will invest in the new coins. Anyone that’s not ready to have that level of patience for the new coins should be investing their money in the old coins that has been around for a long time, those ones can be trusted. Another problem why people don’t really like the new coins in the market and don’t trust them is because lots of scam projects and bad ones in the market.

When things are not moving the way they expected, they start feeling like it’s another one of those bad projects. As of recent, I have been investing my money only in the top coins and nothing else.
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April 28, 2020, 04:25:17 PM
 #65

Indeed, the Crypto project takes a long time to survive and compete with various other Crypto projects. But if the Project developers are no longer focused on developing their newest products or features, I believe that the project cannot to survive long. Success in the world of Crypto is not easy, you must have a good reputation and high trust from investors or the public.

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April 28, 2020, 04:39:29 PM
 #66

indeed , as all things in life , succes takes time , for sure in cryptoworld , things can go fast but in most cases time is what they need , but that also means that you have to own strong hands as only time is not enough , in that time there will be moments that you need the strong hands

I believe so too. It requires a lot of patience and trading as well as discipline. One thing is certain, crypto is no get rich quick scheme and just like we do in the real business world, all principles must be observed

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April 28, 2020, 05:00:26 PM
 #67

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 believe token price  to certain extent does not guarantee the guenuity of a Blockchain project however, the condition of the token price speaks greatly about the seriousness of the project. With good project developments and beneficial partnerships, token Price will increase over time without any pump action but however, majority of cryptocurrency projects do loose focus after raising huge amount of money from investors and tends to have delayed project development. So left to me, i wouldn't blame any investor that bail out from such project

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April 28, 2020, 05:15:42 PM
 #68

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

Usually there is a hype that cool down after few months and then takes few years that project matures. Most die or better gets in hibernation. They get no development but they still exist since blockchain is hard to kill. Few attract community and get developed further.  Some that were started with a premine or in an ICO die when their founds runs out.
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April 28, 2020, 05:42:30 PM
 #69

Not speaking about the projects listed in the original post but there are many examples of projects that have no future just because of lack of development/no real use case/etc.
But in general I would agree it takes time for project to become huge enough.
Yes, because with the greatness that occurs in the project, the project will be easier to be recognized by many people, and obviously raising a project requires sufficient time and development so that the project can be as successful as desired by the team.
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April 28, 2020, 06:05:22 PM
 #70

Definitely, legit project takes time to get developed and grow upto it potential but this becomes an advantage for the scammers to raise money and make the investors to wait for too long and then fade away without letting know them anything so waiting too long for a new coin in 2020 is not advisable though.
Very true, I strongly agree with this statement you say, waiting too long on a new coin is clearly not recommended and will be a good opportunity for scammers to look for a lot of benefits, because they (scammers) will also take advantage of that condition.
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April 28, 2020, 11:44:34 PM
 #71

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

You are right. Specially bounty hunters (not everyone) and one time or swing investors think like that. I meet lot of people who think like, a good project means after finishing their IEO project have to listing couple of exchanges, project have to pump their coin hugely and project have to continuously pump their coin. Well it's not the sign of a good project. There are lots of thing they have to manage for their future plan and it's not possible within three or four months. It's take times so don't lost your patience give them some time to finished their work.
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April 28, 2020, 11:59:07 PM
 #72

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 seriously agree with you that nothing comes easily in life as one have to always be patience and optimistic while striving for success, this is the truth behind all endeavors and not only in cryptocurrency but also in real world. However, the cryptocurrency market has seen lots of scam due to the fact that it is not regulated and any project can bail out at any giving time, running with people's hard earned money. So due to this fair share of bad experience everyone has encounter in this sector, people do give up on projects with no feasible product development and seriously, when a project dosen't follow the laid down development roadmap,  it sends a lot bad messages which results to "don't invest in here".
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April 29, 2020, 12:14:38 AM
 #73

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 always compare the project with something that already exists to remember it's a matter of time to become worth it. Agree with you.
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April 29, 2020, 12:19:13 AM
 #74

I think the project should be transparent and be on track with delivering their project or with the development. Most investors leave the project because of the delay and excuses they make in regards to developments and update. It is true that it takes time for projects to grow, tranparency and gradual growth is better than to focus on the market growth.
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April 29, 2020, 06:12:34 AM
 #75

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

Definitely.  Someone who is so greedy and desiring a quick big returns might not make it in crypto or even end up in big loss.  Every big business or establishment today took time to arrive at that appreciative level.  I have seen a friend that sold an airdrop for $700 and 4-5 months later, the same quantity of airdrop could have been sold for $7000. Everything needs time in life.
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April 29, 2020, 06:22:24 AM
 #76

I think the project should be transparent and be on track with delivering their project or with the development. Most investors leave the project because of the delay and excuses they make in regards to developments and update. It is true that it takes time for projects to grow, tranparency and gradual growth is better than to focus on the market growth.
As far as I join a project, they only give promises that are largely not kept, because of that, I strongly agree that the development of a project must be transparent in accordance with the target. we all know that to develop a quality project, it takes time, it's just that we will be more satisfied and will be more patient when looking at its development transparently

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April 29, 2020, 06:25:52 AM
 #77

It is not reasonable to give time to all the projects on the market as 95% of them will die in 3-5 years. The only situation when you can wait for years if you know the project team closely and you are sure they will find adoption cases.
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April 29, 2020, 07:24:55 AM
 #78

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
Top ranker projects are having a hard time in getting the spot therefore new projects really need to work hard so they can also compete to the market. Success cannot be achieved easily therefore new project will really take time to grow especially if the team behind it is not that rich in partners.

And for the new projects, they need to gain the trust of the investors firs like how they are going to maintain the price of their currency so the investors will not panic and transfer to another project. And as you can see, the competition right now is very hard as the number of projects are keep on increasing as days passes by while there are many projects also who are turning into shit projects.


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April 29, 2020, 07:33:54 AM
 #79

How do we rate the growth of coin in cryptocurrency? Bitcoin growth can only be in its adoption for trading altcoins and fiat. Other anonymous coin are only base on speculation. There are several reactions to the halving of most of these coins, no price pump after the event and some even dumped in price and volume. Success can only be counted after bullrun for most of the coin, which indicates the reliance on bitcoin but I feel there are measures to protect and reduce the depth of dump in the next market run, that is the reason for the staking and defi; to give holders regular income without dumping the market at every pump.
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April 29, 2020, 09:01:41 AM
 #80

I can believe that some few years after crypto will be success all of countries. But it take time but it will be success must in crypto market. Many crypto success stories consist of those currencies that were created in bitcoin’s image but various tweaks to make them function a little better. at last say its success for next time.

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