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Author Topic: Crypto success takes time  (Read 3523 times)
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July 10, 2020, 02:01:11 PM
 #221

Those coins you mentioned had faced tremendous problems before they became stable cryptocurrencies investment in the market. Most likely because when they first launched their coins in the market, only few investors have taken the risk to invest in them but as you can see right now the result is truly amazing where they be able to gain some huge amount of income after a long struggle of holding those coins. If we can only know which new coin right now will turn like those coins in the future, no one will gonna hesitate to invest in it.

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July 10, 2020, 03:48:39 PM
 #222

the term is HODL, if you want your HODL coins then you will win if your analysis is correct, I think this season is the right season for HODL, because altcoin goes up 100-200%

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July 10, 2020, 04:43:02 PM
 #223

the term is HODL, if you want your HODL coins then you will win if your analysis is correct, I think this season is the right season for HODL, because altcoin goes up 100-200%

HODL doesn't necessarily work always, unless the project keeps up with development and grace is on your side too. Just very few coins retain their value or increase over time, reason why we have to be careful with coins we invest in. Patience is very relevant, yeah, but wisely. I apply patience more to my trades after TA and entering a high probability setup, than buying random coins especially due to hype for long term HODL.

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July 10, 2020, 07:18:10 PM
 #224

Anxiety and greed have made many investors sell their coins prematurely only for the same coin to rise in value eventually. Bitcoin, Dash and Ethereum are good examples, nevertheless, patience for the wrong coin is a complete waste of time.

Coins like Dash and Bitcoin gained back momentum after a period because they have prospects, but coins without prospects no matter how much time you give them, they would never have value.

We can't completely ignore the fact that some projects need time, however, for scam projects and projects without plan or a proficient team, nothing good can come out even if you give it a million years

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July 10, 2020, 07:41:15 PM
 #225

I don't buy and hold new coins from day one, it's a wrong move, you have to keep watching with patience and see how development is ongoing, how dedicated the project team are, I only invest in binance IEO projects and take profit after IEO ends, this is a good strategy, many projects like Harmony and few others on binance have lost value, they aren't bad projects and now is the best time to buy and hold
l agree with your words, there is more risk investing in new projects, that is why most of them useless and wasting of time. But that doesn't mean all of them are bad projects, you should make some research to find the best one. IEO projects are wonderful choice for taking profit, but as above mentioned crypto success can take time, sometimes we should be patient.

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July 10, 2020, 08:30:41 PM
 #226

A good example to affirm this claim is the recent spiking of Atomic Wallet Token AWC. This project has literally grown from a few cents some months back to over 1usd recently. This further explains why patience is hugely important in this industry. Not only does it give you more wealth in the long run, you can actually get to invest more by picking up assets at way cheaper prices and watching them grow tremendously in price.
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July 10, 2020, 08:45:59 PM
 #227

the term is HODL, if you want your HODL coins then you will win if your analysis is correct, I think this season is the right season for HODL, because altcoin goes up 100-200%
observing the market will tell where to put your coin maybe multiply your bitcoin, consider few defi and purchase but like most investors any project hype that makes quick profit should be quick to quit. It is still early in this market and we dont know where it actually headed. I think the breaking of previous ATH of bitcoin will bring a significant turn around and I see some startup coming in. Some with IEO, few private sale and few ICOs (especially those that can prove their genuineness. If we get very good success, the space sentiment could change and will be so gradually into the coming year.

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July 10, 2020, 09:09:50 PM
 #228

I think that the timeline of the project is important, but it has to be drawn with a realistic and professional view... most projects trace unreal objectives due to the lack of experience of their teams, if the schedule is drawn correctly, investors will know that it takes time and will support the project for the whole track...
I note that there is a serious lack of professionalism both from the teams and also investors.

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July 10, 2020, 11:08:17 PM
 #229

Say that to projects with good prospects, but all those other shit ones that get lost on the way while their value keeps depreciating,  or maybe those that deviate to other new projects and leave you hanging, it's a no for me. I ain't wasting my time pointlessly
If that doesn't suit you, then it's welcome to look for others, after all everyone here is also free in making choices on projects, no one is forcing someone to follow certain projects that we haven't checked beforehand.
Everyone is feeling free to choose what kind of project they have needed it before. I guess everything will take the time even when a small coin called ethereum becomes a very big coin right now and it needs a half of decade to do that.

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July 11, 2020, 03:11:07 AM
 #230

Those coins you mentioned had faced tremendous problems before they became stable cryptocurrencies investment in the market. Most likely because when they first launched their coins in the market, only few investors have taken the risk to invest in them but as you can see right now the result is truly amazing where they be able to gain some huge amount of income after a long struggle of holding those coins. If we can only know which new coin right now will turn like those coins in the future, no one will gonna hesitate to invest in it.
what I think is, the initial problem when they just shared and launched their product. sometimes a project cannot survive in that regard. for example, in the matter of prices, even between investors and bounty hunters there is a dispute between who is the perpetrator of the price reduction. however, I feel that this is a failure. because of this, a developer really needs time to stop the decline, and make prices stable again.
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July 11, 2020, 03:59:12 AM
 #231

the term is HODL, if you want your HODL coins then you will win if your analysis is correct, I think this season is the right season for HODL, because altcoin goes up 100-200%
How do you know if altcoin will increase 100-200% this season? There is no signal for your assertion and for me this market is unpredictable, if you want to hold then you should only choose the top altcoins in this market and buy them.
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July 11, 2020, 06:05:21 AM
 #232

Patience is key for getting maximum profits and to recover loss from the market but many investors losing their due to hurry or fear of more loss. And some even not get handsome profit.

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junkerr
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July 11, 2020, 06:11:05 AM
 #233

Patience is key for getting maximum profits and to recover loss from the market but many investors losing their due to hurry or fear of more loss. And some even not get handsome profit.
patience does determine everything. because it can prevent feelings of panic when the market goes down. patient in responding to the opportunities that exist. every step taken must be seriously considered. if not then we must be prepared to lose.

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July 11, 2020, 07:18:45 AM
 #234

The real success of a project will take time for sure but the real problem is most of the project in 2020 doesn't even recover at any rate after their initial dump so holding those dead tokens doesn't make any sense.So hold best tokens and coins irrespective of the current market value.If you are going to hold every coin you invested then you will end up with lot of dead projects sitting in your wallets in few years.
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July 11, 2020, 07:48:24 AM
 #235

patience does determine everything. because it can prevent feelings of panic when the market goes down. patient in responding to the opportunities that exist. every step taken must be seriously considered. if not then we must be prepared to lose.
Yes, in crypto it is not taught to panic, because panic is something that will destroy someone, even though everyone has a different patience limit, but the main thing is to remain patient in dealing with market situations when the market is not in good condition.
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July 11, 2020, 08:18:28 AM
 #236

Patience is key for getting maximum profits and to recover loss from the market but many investors losing their due to hurry or fear of more loss. And some even not get handsome profit.

For those who had being waiting for the dips and during that time if had bought it and continue doing it then they would surely be making money from it. Also, sometimes luck also helps when on dips you buy and in few days,  there is a boom and you make good money in short time as well. But overall in long run if you have good time frame and do not require immediate money than one will make good returns.
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July 11, 2020, 08:19:21 AM
 #237

You understand that this is due to how huge the market has become now. If earlier, God willing, 10 positions were or even less, now almost every week there are new coins and immediately with the release of the exchange, "clean - new - beautiful". People do not want to change their view of the market in a more classic direction - and do not want to accept that gradually the crypto market becomes exactly the same as a "normal" exchange.
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July 11, 2020, 08:42:27 AM
 #238

Patience is key for getting maximum profits and to recover loss from the market but many investors losing their due to hurry or fear of more loss. And some even not get handsome profit.
People also need to watch the market periodically to make sure they will not missing the pump that will be created by the whales. Patience is a key but we must also try to do a deep research and try to put the sell wall to anticipate the pump. It's not all of investors have been loosing caused by they were impatience.

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July 11, 2020, 09:36:00 AM
 #239

The real success of a project will take time for sure but the real problem is most of the project in 2020 doesn't even recover at any rate after their initial dump so holding those dead tokens doesn't make any sense.So hold best tokens and coins irrespective of the current market value.If you are going to hold every coin you invested then you will end up with lot of dead projects sitting in your wallets in few years.
Patience can give us high returns as long as what we are currently doing is right. Maybe we are very patient people but we are holding a shitcoins. It is better if we will use our patience in a right way where we can make a profit.

That is one of the mistakes that I did before where I have a high patience but the coin that I holding is a shitcoin so it is basically a waste of time. Even though we have high patience, we should make sure that what we do is the right thing.
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July 11, 2020, 09:42:15 AM
 #240

I agree with you. Because good outcome of a project takes time and upon it's development, the crypto project would definitely be successful and surely it is because of the good roand map and time frame with a great partnership upon listing its coin bon an exchange.

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