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Author Topic: Crypto success takes time  (Read 3522 times)
Pasutinmeur
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August 12, 2020, 02:12:06 PM
 #341

I think patient is necessary along with selecting good project. People dreamed to be a millionaire within night, that's ridiculous.  Let it allow some time for development and go ahead with its roadmap with a better way.
I don't think it's a problem to dream of becoming a millionaire at night, because it is only a wish, even though the possibility of being realized is very far away, but while dreaming also has to work according to the road map that has been compiled.
I don't think so and have you seen some whales who have been getting more than 20x profit just in a night and I guess they can make million dollars just in a day. The future of the project depends on how the dev can handle the situation.

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August 12, 2020, 02:23:03 PM
 #342

Agreed, good project takes time to prove.

I found a hot project named Themis.

It was listed on HBTC and the token value rocketed up 355.5%

https://twitter.com/ThemisOracle/status/1293535336841191425?cxt=HHwWgoCtjaLix_MjAAAA
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August 12, 2020, 03:03:41 PM
 #343

yes, investing certainly takes time and conversely not all coins can last long on the market, only coins that have a quality product, are widely used for investment and have a high selling price, so they are worthy of long-term investment. . Project success depends on the team & developer, and it also takes years at least according to the project work map.


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August 12, 2020, 03:08:50 PM
 #344

I don't buy the idea of holding coins and tokens for a very long term, take profits when there is, don't hold coins and hope for big profits before selling, crypto future is so unpredictable and unreliable, cost loss and buy back when price is lower

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August 12, 2020, 03:18:38 PM
 #345

yes, investing certainly takes time and conversely not all coins can last long on the market, only coins that have a quality product, are widely used for investment and have a high selling price, so they are worthy of long-term investment. .

You have to specify which investment to take as there are lots of coins around and with good knowledge of scammers they also
manage to duplicate what good qualities that you can find from legit projects, you need to be extra careful.

Project success depends on the team & developer, and it also takes years at least according to the project work map.

Developers knowledge is the tool to attract investors, with them to have both marketing and developing skills the chance of success is far higher.
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August 12, 2020, 03:20:26 PM
 #346

I don't buy the idea of holding coins and tokens for a very long term, take profits when there is, don't hold coins and hope for big profits before selling, crypto future is so unpredictable and unreliable, cost loss and buy back when price is lower
It's really very risky but if you succeed, the profit that you get is very satisfying because most successful projects can definitely get 100x, it's just that it's not easy to find projects with such potential, and it's easier to predict new projects and catch short profits, for example, like a serum project that's hype at this time I did not expect to reach 16x in a short time and sadly I sold when it reached 6x and bought it when the token was traded on bitmax exchange.

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August 12, 2020, 03:20:34 PM
 #347

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 mean i think most of the people that grew with crypto understands this already. Its kinda impossible to stay in the trading industry if youre impatient.

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August 12, 2020, 03:23:53 PM
 #348

This is true enough to all the people thats in the trading community. Its hard to stay in this industry if you dont understand that the long wait is the real game. Waiting for coins from your projects to have value and waiting for your coins to raise in value, its hard to maintain if youre not patient enough.




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August 15, 2020, 01:03:53 AM
 #349

Instead of focusing on the time and probably the huge profit, why not focus on the project itself; the viability and the propensity to remain relevant in the future. I believe a lot of things influence people's decision to do as pleased with their crypto assets. However, long term holding of good coins can be the real gem.

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August 15, 2020, 04:16:53 AM
 #350

The success of crypto cannot be rushed. It really takes time. The value eventually fluctuates, sometimes it will go really high and sometimes down. But crypto investors must have to be patient enough because it will be worth it. Timing is also required when it comes to crypto.

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August 15, 2020, 09:48:26 AM
 #351

Well said my friend, we should know about it already because investment takes time.
If we invest and gain huge profit in short time, that is not investing, that is what i call gambling.  Roll Eyes

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August 17, 2020, 09:56:34 AM
 #352

Cryptocurrencies must take time to succeed because their value does not easily increase in a short period of time. It takes some time to invest in the crypto market. All the top coins today have reached this position with a lot of time.

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August 17, 2020, 10:08:36 AM
 #353

For investors, especially long-term investors, this situation is common when the market crashes and has a long period of time to develop again. the main problem is for bounty hunters or traders. those who want a new project or a new coin to get a good price right away can't wait and they end up crashing themselves. indeed it took a long time to wait for 1 or even 3 years. but believe me, it all takes time and time will definitely come.
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August 17, 2020, 10:10:31 AM
 #354

It's true that crypto projects, just like any other companies in the world, need time to grow, expand, develop, make partnerships, do marketing and so on.
Sadly most investors connect the crypto market with quick flips, just look at all those IEO's. People buy those coins and even use bots to sell them as quickly as possible once they can be traded.
I personally only buy cryptos that i want to keep for a least a year, which has to do with tax regulations in my country too.
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August 17, 2020, 12:07:07 PM
 #355

For investors, especially long-term investors, this situation is common when the market crashes and has a long period of time to develop again. the main problem is for bounty hunters or traders. those who want a new project or a new coin to get a good price right away can't wait and they end up crashing themselves. indeed it took a long time to wait for 1 or even 3 years. but believe me, it all takes time and time will definitely come.

If the project is good then waiting for that long is not bad, it happened few years ago where those good alts make a huge

rise, if you do believe in certain team and you see the potential of the project's ideas, taking that long will definitely gives you

much better profits. No one knows what will happen in the future only time can tell.

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August 17, 2020, 01:43:24 PM
 #356

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.

I usually compare these crypto projects with startup companies. I mean a project in crypto is an entrepreneurial endeavor and they want to gain funds by creating their own token or coin and then have investors join them, much like in startup companies that needs investors for them to get the money to start with their work. If the said project or business has a sound plan and good team players then you will be able to enjoy their product as an investor or get profits from the sale of their product. For me  that is what it is. You need to carefully pick what cryptocurrency you need to invest to.

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LouVandetta
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August 17, 2020, 01:47:19 PM
 #357

The success of crypto cannot be rushed. It really takes time. The value eventually fluctuates, sometimes it will go really high and sometimes down. But crypto investors must have to be patient enough because it will be worth it. Timing is also required when it comes to crypto.
Not gonna lie since anything or everything can happen in the blink of an eyes. It really takes time and not every long term projects will meet with a happy ending if you know what I'm talking about. At the very least a project with a good, how do I say it, roadmap and anything and a good purposes with a good background team and also investors will eventually becomes good. But just hold it with a grain of salt, not everything will goes the way you want them to.
Pasutinmeur
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August 17, 2020, 01:50:20 PM
 #358

Success is not definite. Although I think that in this industry time is not the essential factor for a project success, the team and developers are.
It is true that the development team is most important to a project. If the project is made up of talented and reputable people in this market, I believe that those projects will immediately succeed and the price goes up many times compared to the original.
All of the aspects are important. I think that you must remember when a good development is not getting a huge exposure to the public and that will be affecting the demand for the platform. I should remind you about what's happening with some good platforms that have no demand.

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August 17, 2020, 02:23:14 PM
 #359

if you are strong to hold your altcoins or your Bitcoin, of course you will win,
now Bitcoin is at $ 12000, I guarantee it will be over $ 12000 in this week

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ttcsalam
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August 18, 2020, 11:01:03 AM
 #360

A road map is needed for any project to be successful.It's just a matter of time before you're focused.Because for any project to be successful, it has to be implemented step by step.It is not possible to implement it overnight.For that, the team has to give time according to the road map for any project to be successful.Then it will be possible to implement the road map properly.

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