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Author Topic: Will you invest in a project that might take years to outshine the market??  (Read 767 times)
woksy
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June 12, 2023, 05:43:12 PM
 #81

I’ll invest in the project that has a product to come out and more to develop, NeonLink has 3 games to come out, it’s a huge amount of work not a fast thing that’s for sure
Sometimes you gotta wait for something good
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June 13, 2023, 04:01:58 AM
 #82

honestly i wouldn't waiting for a coin for long term without even knowing whether the coin gonna grow is such a really bad planning honestly.
i'd just settle with other coin that gaining good enough within just short term. with altcoin, you don't even know if coin could even exists for that long.
I can't help but agree with you that not all cryptocurrencies are worth being held for a long term, most of them are good and profitable only for the short term and one should use them that way, except for a few tokens that have been around for years. Altcoin projects that launch newly in the market couldn't be trusted with our money to be put in them and kept for years.

If I was to choose between a new altcoin with a great market cap and trading volume against an old altcoin with maybe a bit lower stats than the new one, I would still choose the old one if I'm about to hold it for long because I believe old coins can perform anytime in the future while new ones might not.

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June 13, 2023, 08:06:19 AM
 #83

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?

I really much appreciate with you. If your observation can't see the future then you can fail in the every step of your project. So you need much time to observe or realise the future about your project.
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June 13, 2023, 08:08:48 AM
 #84

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?
It depends on the age of the investor.

Nowadays, some of the investors see crypto as a get-rich quick scheme, and maybe that's also the reason why most of them can't even commit to hold a coin for long term. I agree with what you said that a project takes years to develop that's why most of the projects are creating their project first then launching it to the public, so that it will not take too much time to develop because that might affect the trust of the investors. Well, let's also add the risks of it as well. We know that a project can just run away not leaving any traces at all. We know that a project that has been existing for years can just abandon the coin, leaving the investors, and run away with the money that they got. This is also the reason why investors don't have the patience to hold a coin for a very long time unless it's been existing for a very long time, and many people trust it.

Some project really needs time to build, and shape I agree. On the other hand, if you will continue to develop your project, and people see it beneficial to their everyday lives for whatever reason it is, they will support that project, hold the coin for maybe mid to long term. As for me, I'm at my mid-20's, so I can still risk some of my money to some new projects, but I opted not too because I'd rather invest it into some old projects, and some dividend paying stocks out there.

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June 14, 2023, 07:06:06 AM
 #85

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?
It depends on the age of the investor.

Nowadays, some of the investors see crypto as a get-rich quick scheme, and maybe that's also the reason why most of them can't even commit to hold a coin for long term. I agree with what you said that a project takes years to develop that's why most of the projects are creating their project first then launching it to the public, so that it will not take too much time to develop because that might affect the trust of the investors. Well, let's also add the risks of it as well. We know that a project can just run away not leaving any traces at all. We know that a project that has been existing for years can just abandon the coin, leaving the investors, and run away with the money that they got. This is also the reason why investors don't have the patience to hold a coin for a very long time unless it's been existing for a very long time, and many people trust it.

Some project really needs time to build, and shape I agree. On the other hand, if you will continue to develop your project, and people see it beneficial to their everyday lives for whatever reason it is, they will support that project, hold the coin for maybe mid to long term. As for me, I'm at my mid-20's, so I can still risk some of my money to some new projects, but I opted not too because I'd rather invest it into some old projects, and some dividend paying stocks out there.
Is it really the investors’ fault for expecting quick returns? Or is it the system that feeds on their impatience? Crypto, by its very nature, is volatile, explosive, unpredictable. People are drawn to that wild, untamed potential for fast gains, arent they? Crypto is like the wild west of investing! Quick money, big risks. That’s why the older, more "traditional" projects seem too slow for some. Its not entirely about trust issues, man, it's about the rush, the potential for instant profit.

Projects running away, abandoning coins, breaking trust – you cant put that on impatient investors, can you? That's an issue with the projects’ integrity, not the temperament of the investors! Its high time we stop victim-blaming and put the responsibility where it belongs – with the project developers!

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June 14, 2023, 09:38:58 AM
 #86

honestly i wouldn't waiting for a coin for long term without even knowing whether the coin gonna grow is such a really bad planning honestly.
i'd just settle with other coin that gaining good enough within just short term. with altcoin, you don't even know if coin could even exists for that long.

The controversial issue here is that how sure is it going to happen that the project will definitely whine after years of waiting and not turn to wasted time effort and money, someone like me can go for it but the problem is that there's no guarantee in cryptocurrency altcoins, everyone is doing nothing than taking their own risk, even the developers are busy doing nothing than to avoid mistakes and are taking risk to maintain their project to keep running.
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June 14, 2023, 11:13:35 AM
 #87

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.
Some project need time to build and shape. What do you think?

Of course! I totally agree with that. I am a person who likes long term investment. It seems to me that an investment that takes many years to succeed will have a very strong foundation so that it is likely to succeed.
I am willing to wait 2 to 3 years for my investment to generate returns for me.Grin

Well, if it is guaranteed in the next five years then why not, right? But sadly that is not the case since there are no guaranteed in the world of cryptocurrencies and that makes it even harder to find that project or specific coin that will outshine some coins in the market in the next couple of years and will be give us promising returns for holding out. So, it is still advisable, well for me, to invest in top altcoins and bitcoin so that the risks are minimized.
Investing in cryptocurrencies is very risky and of course there are no guarantees,
if someone says that the altcoin is guaranteed to go up in the next few years, of course that is a liar,
because indeed altcoins do not have that guarantee. What can only make prices rise is project development.

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June 15, 2023, 09:33:41 AM
 #88

Investing in cryptocurrencies is very risky and of course there are no guarantees,
if someone says that the altcoin is guaranteed to go up in the next few years, of course that is a liar,
because indeed altcoins do not have that guarantee. What can only make prices rise is project development.
This is one of the most obvious signs the project is a scam, after all the developers can only promise to do their best in order for the coin to reach the goals they set for it and hope for the best, however if they promise the project will definitely become successful then you know you are dealing with a bunch of scammers, or at least with developers which have no idea of what they are doing, as it is obvious this is not something anyone can guarantee at all.
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June 15, 2023, 12:24:42 PM
 #89

If it would surely bloom them what's the rush?
If it could steadily grow and secure it's place in the future then I don't really care if it would take years as long as the project would survive and grow.
Bitcoin took years to grow so don't expect that alt coin could do it in just a short spam of time.



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June 15, 2023, 02:21:43 PM
 #90

If it would surely bloom them what's the rush?
If it could steadily grow and secure it's place in the future then I don't really care if it would take years as long as the project would survive and grow.
Bitcoin took years to grow so don't expect that alt coin could do it in just a short spam of time.

Bitcoin does not have a team that oversees its development and promotion, so the comparison in this case is not correct. Altcoin can make a rapid growth in a short period of time. For example, the same PEPE managed to do that, or SHIB. Bitcoin took about 8 years to make a million percent profit, altcoins took less than a year to do so. Altcoins grow much faster than bitcoin, but they also lose their value at exactly the same rate.

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June 15, 2023, 03:28:07 PM
 #91

If it would surely bloom them what's the rush?
If it could steadily grow and secure it's place in the future then I don't really care if it would take years as long as the project would survive and grow.
Bitcoin took years to grow so don't expect that alt coin could do it in just a short spam of time.

Bitcoin does not have a team that oversees its development and promotion, so the comparison in this case is not correct. Altcoin can make a rapid growth in a short period of time. For example, the same PEPE managed to do that, or SHIB. Bitcoin took about 8 years to make a million percent profit, altcoins took less than a year to do so. Altcoins grow much faster than bitcoin, but they also lose their value at exactly the same rate.
This is true. The value of altcoin can grow exponentially for a very short amount of time and lose it's value at same time. There are only few percentage of altcoin that really retained their value over the years of existing. This is people who is really eager in getting profit only target altcoin investments as it grows fast and massive. This is why I don't invest on altcoins that has a low current value after having a very high all time high on it's peak. The chance of them gaining back their prime is a very small chance. Majority of altcoins are pretty disposable.
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June 15, 2023, 03:46:18 PM
 #92

I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?
Long term goal to achieve is not an easy thing to do. Most people are not good long investment but they are good in short term investment. So if anyone is not good in long term investment and can not be patient enough to reap labour then the person should invest in trading. Trading is a short term business. If you know that the project you investing in will give you what you want in life then you have be patient to do. But if you can't then go for short term investment. All is choice.
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June 15, 2023, 04:48:48 PM
 #93

I agree with you. Many people are too impatient and expect quick returns from their investments. They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.

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June 15, 2023, 05:19:18 PM
 #94

A powerful project no need long time for hit so if a smart investers taken good project at this moment then he can make profits. Some of people loss there money because unknowingly review and weakness idea about crypto market. So that's why need more learning about crypto market for new crypto investors.
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June 17, 2023, 12:41:27 PM
 #95

Bitcoin does not have a team that oversees its development and promotion, so the comparison in this case is not correct. Altcoin can make a rapid growth in a short period of time. For example, the same PEPE managed to do that, or SHIB. Bitcoin took about 8 years to make a million percent profit, altcoins took less than a year to do so. Altcoins grow much faster than bitcoin, but they also lose their value at exactly the same rate.
This is true. The value of altcoin can grow exponentially for a very short amount of time and lose it's value at same time. There are only few percentage of altcoin that really retained their value over the years of existing. This is people who is really eager in getting profit only target altcoin investments as it grows fast and massive. This is why I don't invest on altcoins that has a low current value after having a very high all time high on it's peak. The chance of them gaining back their prime is a very small chance. Majority of altcoins are pretty disposable.

There are many nuances here. It is worth considering when the price was at its peak. If, for example, it happened last year and the price fell by 90% or more, it might be a good investment. If the altcoin price peaked 3 or 4 years ago, and after that it never rose to those values again, then I agree here, it is better to stay away from that altcoin, because it is unlikely to show any good growth in the future.

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jossiel
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June 17, 2023, 12:48:48 PM
 #96

I agree with you. Many people are too impatient and expect quick returns from their investments.
This is hard to change for most of the investors that are only here for the quick profits. That's why they're looking for those projects that are hype and making a noise because they can make quick profits from it.

They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.
Actually, everyone knows that building a good and working project takes time. But you can't beat the system that everybody also thinks about one thing, making money.

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June 17, 2023, 12:59:31 PM
 #97

I agree with you. Many people are too impatient and expect quick returns from their investments.
This is hard to change for most of the investors that are only here for the quick profits. That's why they're looking for those projects that are hype and making a noise because they can make quick profits from it.

They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.
Actually, everyone knows that building a good and working project takes time. But you can't beat the system that everybody also thinks about one thing, making money.
You are right in saying that in the cryptocurrency market everyone is trying to get quick profits, and many end up losing money and becoming disillusioned with cryptocurrency. I also agree with you that a good project needs development, which sometimes takes more than a year or two. But there is a paradox here. While one project is developing and making a product, several other projects may appear in its place. In the crypto world, projects don't live long; technologies become obsolete very quickly and something new is constantly emerging. There is a lot of competition.

.
HUGE
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June 18, 2023, 12:15:25 PM
 #98

You are right in saying that in the cryptocurrency market everyone is trying to get quick profits, and many end up losing money and becoming disillusioned with cryptocurrency. I also agree with you that a good project needs development, which sometimes takes more than a year or two. But there is a paradox here. While one project is developing and making a product, several other projects may appear in its place. In the crypto world, projects don't live long; technologies become obsolete very quickly and something new is constantly emerging. There is a lot of competition.

That is why we need to follow projects that we've invested we need to check if they are following their roadmap or intentionally delaying it, and check the kind of characters the developers have, if they do not update the community, you have something to worry especially if the projects come from crowdfunding, you should be quick in your observation and do not have an attachment to projects so you can quickly dump.
The worse thing is being late to dump and you are left with bags of useless tokens.

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jossiel
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June 18, 2023, 04:53:49 PM
 #99

I agree with you. Many people are too impatient and expect quick returns from their investments.
This is hard to change for most of the investors that are only here for the quick profits. That's why they're looking for those projects that are hype and making a noise because they can make quick profits from it.
You are right in saying that in the cryptocurrency market everyone is trying to get quick profits, and many end up losing money and becoming disillusioned with cryptocurrency. I also agree with you that a good project needs development, which sometimes takes more than a year or two. But there is a paradox here. While one project is developing and making a product, several other projects may appear in its place. In the crypto world, projects don't live long; technologies become obsolete very quickly and something new is constantly emerging. There is a lot of competition.
That's the real scenario in the market. There have been projects that are existing before they become known and yet a rising star project is being recognized for that moment.

It is one reason why many project developers are very quick in taking leads of the path of their project. They're like taking a shortcut in execution and that leads them to being questioned if they're serious with their projects.

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June 18, 2023, 05:27:28 PM
 #100

I agree with you. Many people are too impatient and expect quick returns from their investments. They don’t realize that building a successful project takes time and effort. They should have a long-term vision and support the project they believe in.
You can't really judge people on thinking that. The whole crypto rich myth as build on getting rich over night because some people have done it. EVERYONE i know has came into crypto other than devs has become in because they wanted to get rich.

I see those people in low- and microcaps, but they are a minority or they are not as loud as sensible hodlers. Somehow every new lowcap token out there thinks it's reasonable to have over $100M marketcap. And if they are going past that, they will start to talk about being next shiba, or eth killer.

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