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Author Topic: Crypto success takes time  (Read 3523 times)
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May 15, 2020, 08:37:54 AM
 #141

The reason why investors do not want to wait for too long is the simple fact that there are other projects going on as well and they want to take part in them as well. Also its a cycle that can't be broken unless some people are willing to lose a lot of money all together at the same time for some reason.

People sell a lot at the first moment they can, others who see it joins in on the selling, so people know there will be others who will sell, so they start selling right away when they can and basically it is a circle that can't be broken, people sell because they think others will sell but others sell because people sell, and goes on. Unless we fix these two things, the whole system of "invest and sell as soon as you can" will continue forever.

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May 15, 2020, 08:46:15 AM
 #142

I totally agree with you that cryptocurrency investing takes years to make a profit, but it totally depends on the currency you buy. If it's a scam or a bad project, you should sell it as soon as possible. Many investors are overly optimistic, buying tokens from ICOs and holding them until they disappear from exchanges, and project websites are closed.
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June 04, 2020, 07:07:01 AM
 #143

I agree that crypto success takes time but the question is how long? And within that time, what have the team been doing to show they are working? There are projects who are still not in the market neither are they showing or giving their community the impression that they are working, but keeps saying they are working, such projects like this don't need time because it's obvious they aren't doing anything. On the other hand, I will stand with a project which is working and it is evident for everyone, projects like this, are those that needs time and when they are done, the wait will worth it. Therefore let's be careful of those projects which claims to need time but aren't doing anything.
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June 04, 2020, 07:13:45 AM
 #144

Agree that projects need time to develop, but they need to follow their roadmap. If a project does not work like a roadmap, it is definitely a bullshit project that you need to avoid.
At a difficult time like this, I think most projects will delay their schedule. Even those are top projects like ETH, XRP ... so don't be too hard on them, if the project is still active, give them time to develop.
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June 04, 2020, 07:17:58 AM
 #145

The success of every project is not on time only but the foundation laid by the project team, the only way a project can reach the top is the hardwork of the team, time can't give projects use cases and new features, only the teams can.
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June 04, 2020, 07:26:16 AM
 #146

I agree that crypto success takes time but the question is how long? And within that time, what have the team been doing to show they are working? There are projects who are still not in the market neither are they showing or giving their community the impression that they are working, but keeps saying they are working, such projects like this don't need time because it's obvious they aren't doing anything. On the other hand, I will stand with a project which is working and it is evident for everyone, projects like this, are those that needs time and when they are done, the wait will worth it. Therefore let's be careful of those projects which claims to need time but aren't doing anything.
Right! An advice for newbies, you should follow along the team process either through tracking their roadmap or following them on social media platform. As an investor, you have the right to know about what the team are doing to develop their token. If a project doesn't have a clear plan and the team don't follow their roadmap as time passed, it's likely an abandoned project and it will end up with the negative results. So, be wise, traders!

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June 04, 2020, 08:07:31 AM
 #147

I totally agree with you that cryptocurrency investing takes years to make a profit, but it totally depends on the currency you buy. If it's a scam or a bad project, you should sell it as soon as possible. Many investors are overly optimistic, buying tokens from ICOs and holding them until they disappear from exchanges, and project websites are closed.
because of that, time can answer, however, if it's a quality project, then it's worth the wait. whereas if there is a lot of potential scams in it, you should immediately stay away from projects like that, because the future can be seen from the laziness of the team running the project. however, it all takes time to look at.

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June 04, 2020, 08:16:51 AM
 #148

Yeah I know it takes time to become successful but some projects were no longer active after waiting for long with their product, they just keeps promising that their product will release soon but after a year they're gone. It's better to invest in the top coins. If you really want to invest in the project then you must do your own research.
Yes! Besides doing good research, you have to keep following their process to check whether or not they are working on their plan! Once you realize they stop working for any unusual reason, you have to leave that project immediately to avoid wasting time and effort!

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June 04, 2020, 08:23:03 AM
 #149

Yeah I know it takes time to become successful but some projects were no longer active after waiting for long with their product, they just keeps promising that their product will release soon but after a year they're gone. It's better to invest in the top coins. If you really want to invest in the project then you must do your own research.
Yes! Besides doing good research, you have to keep following their process to check whether or not they are working on their plan! Once you realize they stop working for any unusual reason, you have to leave that project immediately to avoid wasting time and effort!
Not just your time and effort but the resources that you can divert to a more productive project, that is why i don`t stay long on a couple of altcoin they tend to go under if BTC drops if you are going to invest go for the top ten listed altcoin remember to spread your resources.
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June 04, 2020, 11:52:58 AM
 #150

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'm ok with slow development but I'm not but I'm not ok with developers leaving the development of the platform and the project and only update to pump the coin so he can dump his shares, it takes time to development a platform and build a community but developers should always make his presence felt by answering and posting on their channels
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June 04, 2020, 01:18:13 PM
 #151

The success of every project is not on time only but the foundation laid by the project team, the only way a project can reach the top is the hardwork of the team, time can't give projects use cases and new features, only the teams can.
Exactly, the project has to create value for it's users and have a unique value proposition. The success of every project is based on some new premise that will solve some difficult problem that will eventually give back significantly to its users and the community.
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June 04, 2020, 02:16:03 PM
 #152

For start, it does not have to be about crypto currency alone.
In the entire world; every success story had a process, and it took lengthy or short time to attain the success.

Relating crypto success, we need to be sure about the time 'in context', is it in weeks or months ? or years?
I have seen crypto success of projects happen in 3 months, some 9 months, and some 3 years.

The best path to crypto success is to follow the process and never betray the process.
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June 04, 2020, 03:30:37 PM
 #153

Success takes time but not a forever. There are projects out there which people hold hoping to get back their investments but this won't work because these projects have been abandoned by the developers. Please in investing and hoping for success, invest in quality projects who are concious of their project development. Do not invest in a dead project and expect success.
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June 04, 2020, 03:33:24 PM
 #154

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 don't agree that every coin will go for a huge high like what bitcoin and other coins done so people are investing on those coins only for short term when they are seeing decent profits then they will dump it and this happens with almost every shitcoins that is why they are not recovering even when bitcoin turns into bullish.









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June 04, 2020, 03:38:58 PM
 #155

You say, people don’t want to give projects some time to grow; This is not entirely correct. Each project has its own roadmap that will guide the progress of their work. But in reality many projects do not operate according to their roadmap. As a result, the currencies can't keep up with their value, investors are frustrated, and they quickly abandon the project. I think the crypto project needs time to succeed. But how much more time is needed? How is it progressing? It should have a schedule and their projects must have progress. It is also important to keep their communities informed of token progress from time to time.

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June 04, 2020, 03:50:03 PM
 #156

for all altcoins, getting the top position in the cryptocurrency world is not easy, because there are so many obstacles to achieve such as lack of investors, teams that are less professional and so on, but thanks to the hard work all things will be achieved, like the coin struggle you mentioned above.
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June 04, 2020, 03:57:21 PM
Last edit: June 04, 2020, 04:29:32 PM by wxxyrqa
 #157

You say, people don’t want to give projects some time to grow; This is not entirely correct. Each project has its own roadmap that will guide the progress of their work. But in reality many projects do not operate according to their roadmap. As a result, the currencies can't keep up with their value, investors are frustrated, and they quickly abandon the project. I think the crypto project needs time to succeed. But how much more time is needed? How is it progressing? It should have a schedule and their projects must have progress. It is also important to keep their communities informed of token progress from time to time.
I believe that society will show its attitude to the project, immediately after presentations the real product. Until this time, the team has a lot of time to implement their plans. It may take years to do this, but you need to take into account the conjuncture of the cryptocurrency market and the possibility of more active competitors appearing.
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June 04, 2020, 04:00:40 PM
 #158

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 have been holding most of my cryptos for a very long time now. Some of them I got for as long as 2 years hoping that their value would pump. Don't have plans to sell them yet and have been patiently waiting for the time that their price would pump up. I am positive that maybe this year would be the time for it.
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June 04, 2020, 06:15:33 PM
 #159

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 have been holding most of my cryptos for a very long time now. Some of them I got for as long as 2 years hoping that their value would pump. Don't have plans to sell them yet and have been patiently waiting for the time that their price would pump up. I am positive that maybe this year would be the time for it.
I want to repeat 2017 again, and sell all the coins I have, I also still hold the coins I have since 2017,
and now the price is down to 90%, I really regret it



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June 04, 2020, 06:42:29 PM
 #160

I will say most times we need time to get the benefits of some of these project especially when a project is in the developing state. Though there are few projects that made a mark at the early stage but I prefer slow and steady. When a project is solid, with time the community will benefit from it.

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