Crypto success takes time

[havoc928]

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.

Well, it depends on each person's goal. You can't judge those people who want to buy and sell quickly because that's their way to earn money. As long as they can earn profits out of this market, doesn't matter how they do it, they are a winner! Therefore, don't judge anyone by using your own perspective. Not only people who hold coins for the long term earn big, those who trade in the short-term can be rich also!

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[swordking]

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

I don't think it would happen because Bitcoin is started falling again and going down below the $12k so who knows it will gain or fall. At the moment market is again turning into red so basically no one will give you guarantees about the  Bitcoins price.

[Claudio99]

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

Very right, after you are certain about the quality of a project you will need lots of patience even when the price is dropping, I made the mistake and now I'm deeply regretting my decision, patience and strong set of the mind is the best

[pikkie]

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

I don't think it would happen because Bitcoin is started falling again and going down below the $12k so who knows it will gain or fall. At the moment market is again turning into red so basically no one will give you guarantees about the  Bitcoins price.

well, that's the cryptocurrency price movement, no one knows where, the most important thing is to be patient and never enter when the price is high or the candle is green and has increased more than 20% because it will keep you stuck at a high price.

[chanc3r]

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

Very right, after you are certain about the quality of a project you will need lots of patience even when the price is dropping, I made the mistake and now I'm deeply regretting my decision, patience and strong set of the mind is the best

The quality project will always be traded above the ROI price and that means when it was getting a drop on its price and it can recover back again very fast. People will try to load more coins when the bearish trend was attacking the crypto.

That actually takes the time.

[jademaxsuy]

Yes, I do agree and bitcoin is one of the best example to it. We know that bitcoin starts at lower price from 1 us dollar to which it reaches the ath which is the 20k more or less usd. For now, bitcoin is at 12k usd and that is already one good thing that happen. Many are happy to it especially those who are investing in bitcoin while market is crashing that bitcoin reaches to almost 3k usd.

After some times probably bitcoin will go high knowing that a lot of people now having fun of investing this kind of projects where they know its risk and this will other think as gambling where one need to gamble and earn profit that could be more easy than other traditional form of investment. But, the risk is also high in this form of investment.

[Shasha80]

Many investors want instant profit from cryptocurrency, this is wrong and must be changed. Even though the price of cryptocurrency is
volatile, it doesn't mean that it can make an instant profit. It takes time and patience if you want to succeed in the cryptocurrency world,
sometimes some potential coins are too late to pump. So being patient is the key to success in cryptocurrency investing.

[pedpedped101]

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

This cannot be for a pump and dump coin. A coin that with long term prospect is what seem not to be good in the short term, but long term coin is the true definition of value. That does not mean it will not grow, but might attain it's true value in the long run.

[maiden]

I think it depends on the project, if it is a good project then the investor will patiently wait long, if it is a bad project, they will quickly leave.
Coins like, Ethereum, litecoin, Xmr, Bitcoin achieved success because they are good projects.

agree with that, also if you're a developer of a project, you should put a timeline on your goals so that participants know if its still worth it to hold or not. you should also do forecasting but it depends because we all know that there's always a sudden changes when it comes to value of coins. a project tagged as success if it completed on time and budget, with all features and functions as specified so basically putting a timeline is important, and Those failed projects were abandoned or cancelled at some point and thus became total losses.

[Bitcoin Miners]

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 also beleive that thing because anything that wants to be sustainable, it needs step by step. Growth is too hot will easily collapse. So, let's buy and accumulate everyday.

[ije07]

every project has its own road map and not all developers can develop the project according to what they present in the work map. I know that investing takes a long time, but the success of a project depends on the team & the developer. And the problem is that there are a lot of scammed projects, dead or abandoned projects by the developers and also not many projects that can succeed according to their working map.

[Jeger.Kiting]

Indeed, in recent years, it has been very difficult for project projects to compete with the world market, what's more with the fraud and distrust of investors that many projects are unable to meet the procedures for the needs in all markets, maybe only a small number of projects are able to compete with cryptocurrency world ..

At least the development team can manage as best they can, for the development of the project and definitely have a very good core team in developing the project, for the success of Crypto itself ..

[Mehedi72]

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

But most of project launched after 2017, get scammed. I bought some crypto currency but got drop. I know team need time to develop and promote their project and that's why i Give them too much time to hold but after 3years later now, nothing changed but drop more and more.

[princecharles]

I fully agree that every good and awesome thing we see, took a while to be made. We all love the great projects like bitcoin and ethereum, but they didn't start off to be worth a lot at inception. Bitcoin traded for less than a dollar, so with ethereum, but now, they are the big guys in the space. We all need to be patient expecially to upcoming projects, because the most difficult part of the project is when it's newly established or launched.

[dainoran]

I agree with your view about crypto, where every crypto takes time to develop, the process takes a long time. but people today are impatient with the process they want to make quick profits, without knowing the process.

[fosco333]

I think investors already know about this, but the problem is speculators.
There are many speculators in cryptocurrency who want grab quick profit by buying some coins.
Investing is needed time, that's why it called investing. Quick profit with no time is not an investment.

[codpku]

Ya im agree with you, not only in crypto
In life too
But not only time its need consistency
With good and solid teamwork the project will grow and the time will talk like bitcoin ethereum or like newcomer altcoin that already moon just in 1 month like yfi coin

[ubay]

If you want to be successful in cryptocurrency, at least first understand the benefits and how to get it, you can invest in coins you like, but it will take time if you want to get profit.

You can get a little profit but regularly by becoming a daily trader.

[InwardContour]

If you want to be successful in cryptocurrency, at least first understand the benefits and how to get it, you can invest in coins you like, but it will take time if you want to get profit.

You can get a little profit but regularly by becoming a daily trader.

There is no formula for making money in crypto, sometimes you get patient and decide to hold long term after analyzing a project and at the end you get totally disappointed and wish you sold earlier. Sometimes you buy  a coin and boom, you make huge profit in lil time frame. Yes, patience is required in this space, but most times it's all about grace. I do both swing trading and long term investment, both are ok, there is no best pattern for me. Just learn to take advantage of every scenario and stick to what works for you. I'm a futures trader too so sometimes I short/long some coins and make profit, sometimes I lose and most times I gain.

[Wingo]

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

Like any other investments, it should really take some time. But the shorter the time to make a profit means more chances to reinvest your money. It's less stressful to hodl and put your money on the top coins, but then this can also give a lower yield since the risk is lower.
Volatility can give you losses but it can also give you more possibilities to make profit.