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Author Topic: Crypto success takes time  (Read 3523 times)
gwaposakon
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July 09, 2020, 04:16:33 PM
 #181

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

Totally agree with you. The development of a project takes time to gather supporters and widespread adoption. With the very competitive crypto market and industry, it would be very hard for a project to grow right away. Indeed great rewards come to those who can wait for their invested project to develop.
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July 09, 2020, 05:11:08 PM
 #182

I found the PZMCash project and studied all the information about it! It's nice to see a project on the market that can guarantee the liquidity of its coin and provide security for the investors.

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July 09, 2020, 07:02:02 PM
 #183

This is very right, the only problem I see with most of us is that we want instant gain, when a coin we are holding starts dipping,could be a retrace, we would rush and sell at a loss and after some days or weeks they same coin will grow above the previous high,we just need to give time to our researched coins to grow.

If there is no market emotions, there won't be price movements actually. So its only normal for traders to be emotional, especially newbie traders. When I started trading, I was in the category of selling very fast when a coin I'm holding dumps, with time I understood technical analysis and the story has been different. So the solution  to avoid being emotional is firstly experience, and then mastery of TA. I like your point, never sell fast during retracement.
 
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July 09, 2020, 07:14:05 PM
 #184

I found the PZMCash project and studied all the information about it! It's nice to see a project on the market that can guarantee the liquidity of its coin and provide security for the investors.
This look like a public relation statement because theres nothing much spicy about the project and it the same old concepts which more than 3 projects have already implemented.
To be honest with, the project may have the liquidity said but 80% of the new project these days hire liquidity company and thats why people in crypto community said project of these days are hype base.

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July 09, 2020, 07:20:19 PM
 #185

Just to be clear, everything takes time! Nothing happens overnight, you need to know that before you start any investment, any work. You need to give much more time to something to develop, you need to survive hard times… Crypto success didn't come just like that, we spend days and nights here to achieve what we have now. Patience can be rewarding, for those who are capable to wait their investments to get established. Crypto is new for many people, nothing is clear. We know who is on the top and who is down, but that can change in years to come. Be aware, and diversify when ever you can!

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July 09, 2020, 07:53:29 PM
 #186

If you want to hold new altcoins for long time I suggest using crypto tracking app to watch your altcoins e g blockfolio app and also take profits whenever there is pump happening with one of your coins, not taking profit means greediness have gotten hold of you, it will only bring you regrets later.
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July 09, 2020, 09:33:11 PM
 #187

The issue is that the majority of the recent projects didn't start the way those ones started. These recent projects have been filled with greed where project owners exit scam, doesn't care about development. What's now the gain of an investor that is hoping to give a project some time and the owners abandon it or exit scam. Good ones will be good whether time is giving or not.
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July 09, 2020, 11:35:27 PM
 #188

It is true some project takes time to success I have some alt-coin that has been sitting on my wallet for a long time that didn't have value for so long but suddenly pump up.
So I agree that it would really take some time for other crypto to succeed so we shouldn't rush things out and trust them but I also want to add up that not every crypto would be like it because some developer or supporters would leave the project.
So not every crypto could survive for a long run and make some epic comeback.

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July 09, 2020, 11:55:31 PM
 #189

All these projects have a roadmap and some number of development team and then lots of people money millions so basically the only thing needed is follow the roadmap and deliver sequentially Anything twisted will hurt the project and people will panic I will suggest they try to keep people off fron panicking

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July 09, 2020, 11:59:20 PM
 #190

I agree that investing in cryptocurrency cannot be instant, we need a long time to succeed in cryptocurrency. Most people expect
in a short time to become rich in investment in cryptocurrency, the chances are like that is very small. If you want to succeed
investing in cryptocurrency must be patient, sometimes we need 2-3 years to feel the profit we want.

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July 10, 2020, 12:37:10 AM
 #191

I agree that investing in cryptocurrency cannot be instant, we need a long time to succeed in cryptocurrency.

It needs to have proper knowledge and right skills to managed your success while you are inside this business.

Most people expect  in a short time to become rich in investment in cryptocurrency, the chances are like that is very small.

Small or nothing at all, people who have that same mentality mostly failed and losses their investments.

If you want to succeed investing in cryptocurrency must be patient, sometimes we need 2-3 years to feel the profit we want.

Good amount of patience is indeed the key in succeeding from this business.

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July 10, 2020, 12:38:19 AM
 #192

What you said is absolutely correct. It's hard for a project to succeed in the short term. Not too many bounty hunters can stick with a project because they don't have enough money to maintain it. Besides, a successful project takes many years and at first they often face many difficulties.
If the project has already gotten a lot of hype and the success can be reached instantly. It's not impossible for the project to be a major platform in less than a year and you should see the reality if everything depends on the project development itself.

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July 10, 2020, 01:49:21 AM
 #193

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 in agreement with your opinion, the major issue is that several cryptocurrencies and projects have disappointed investors in the past and this creates a feeling of distrust in the mind of many investors, whenever there's any price loss or volatility, its seen as a ploy of developers to dump the project.
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July 10, 2020, 02:08:01 AM
 #194

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.
Yes the success of cryptocurrency does not only rely on the investor. Though the investor really has a huge amount of contribution in here it does not define only in investors. Investment return on investment really takes time. In investing you have to invest your money and wait for the charts and trades and from that you may gain so much return on investment depending on the amount of the money that you have invested. You must also choose and research for the best project in which you may invest to.
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July 10, 2020, 02:54:39 AM
 #195

you're right, it's just that some projects don't follow their own roadmap, or have a roadmap that doesn't have complete-time data. however, it all does take time for development. besides that, the roadmap is also just a plan, the plan may be hampered for some reason.
Some projects even add some planning when the project runs. an update that was not in the initial project planning was made. this is reasonable I guess because they adjust everything to the changing market conditions. an example is the blockchain network migration. we often see that happening in a project. but I'm sure there are no developers who planned it from the start.

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July 10, 2020, 03:13:23 AM
 #196

All these projects have a roadmap and some number of development team and then lots of people money millions so basically the only thing needed is follow the roadmap and deliver sequentially Anything twisted will hurt the project and people will panic I will suggest they try to keep people off fron panicking
you're right, it's just that some projects don't follow their own roadmap, or have a roadmap that doesn't have complete-time data. however, it all does take time for development. besides that, the roadmap is also just a plan, the plan may be hampered for some reason.
in my opinion the road map given by the developers is very important because with the roadmap it can be used to see the journey of the process being developed and can provide clear information to investors because when no roadmap is displayed it will confuse investors when they can get profit .

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July 10, 2020, 03:28:22 AM
 #197

in my opinion the road map given by the developers is very important because with the roadmap it can be used to see the journey of the process being developed and can provide clear information to investors because when no roadmap is displayed it will confuse investors when they can get profit .
the most important is the big planning that will be done in the future. that's the promise of new projects that must be developed and sometimes become the main consideration of investors. but unfortunately, some projects often change the road map that is made. even whitepapers are also sometimes updated. if the project is still going according to the road map, it's still lucky. many projects are completely dead and not carrying out their plans.

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July 10, 2020, 03:38:37 AM
 #198

Many people think that Crypto can be rich overnight, as if all crypto projects are Hype projects. it takes education, regulation and more time to be able to make Crypto more developed. So that the crypto business can be more secure and have room to grow.
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July 10, 2020, 04:00:38 AM
 #199

Many people think that Crypto can be rich overnight, as if all crypto projects are Hype projects. it takes education, regulation and more time to be able to make Crypto more developed. So that the crypto business can be more secure and have room to grow.
wrong understanding for people who are new to crypto. Simple thinking that can make people lazy to invest in the crypto market after experiencing a loss. giving good understanding to new people is the first step we must do. this market really can fool everyone when they think everything can happen very quickly.
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July 10, 2020, 06:50:34 AM
 #200

Investing in the crypto world is only for those who are prepared with high risk. The price of cryptocurrency is very volatile, you can be rich or poor in an instant.

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