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Author Topic: Will you invest in a project that might take years to outshine the market??  (Read 767 times)
Boomber
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July 09, 2023, 11:15:38 PM
 #121

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 agree with your opinion, because what is meant by long term is investment for the next few years, but now many people hope to get rich instantly in cryptocurrency and of course if we want to invest in cryptocurrency for the long term, then we have to choose projects that are active and have progress, so that in the future the price of cryptocurrency that we invest still has the opportunity to increase and provide profit.

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July 09, 2023, 11:21:52 PM
 #122

considering the facts that newer coins generally nowadays have shorter time of reaching all time high I don't think that will be worth it honestly.
then again even how you can be so sure it will outshine the market after few years instead of getting forgotten by many which means its gonna get delisted, because few years is too long of a time.

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July 09, 2023, 11:30:09 PM
 #123

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?
A very normal act to be done by most investors on which having that short patience when it comes to things on which it would really be just that normal that people would be saying that they could wait for long term
but on the time that they have seen that the project they had invested into doesnt really able to make out some updates or having no progress in following into their roadmap then this is where anxiety and
being worried is really taking place. On the time that you are seeing that there's no movement then this is the time you would be might be cutting loss and would really be tending to invest into
other projects which you do seem to be worth.
Choosing the right project would be always a challenge because we know that we do have thousands of projects that we do have in the market and choosing those newly launched and offering something incredible
doesnt always mean that they would succeed out. There are tons of them which are really just that only good when it comes to promises but ending up on failing to deliver on what should
things to be done.

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July 09, 2023, 11:40:08 PM
 #124

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?
Well you won't blame them because of the current pattern, where some meme coins will make make some massive profit after listing, so no body is willing to have all the patience needed to wait for years to get profit, everybody wants profit now. It's just the current trend now

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July 10, 2023, 08:14:24 AM
 #125

it's true that projects take years to become hugely popular, and come with a hefty price tag. despite that, the progress was evident each year. an example is ethereum or BNB. Every year, the progress of the project is very clear, and the price is also quite good.
Currently, there are many investors who hope that the price of the coin they invest will increase quickly, even when it is listed on the market, they want a high price. that's not wrong, but sometimes a good project can see its development in the next few years. well, as long as the project is still being developed, I think the quality and price will definitely go up.

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July 10, 2023, 09:14:08 AM
 #126

it's true that projects take years to become hugely popular, and come with a hefty price tag. despite that, the progress was evident each year. an example is ethereum or BNB. Every year, the progress of the project is very clear, and the price is also quite good.
Currently, there are many investors who hope that the price of the coin they invest will increase quickly, even when it is listed on the market, they want a high price. that's not wrong, but sometimes a good project can see its development in the next few years. well, as long as the project is still being developed, I think the quality and price will definitely go up.

It is necessary to have an enough experience to invest money in the long term projects that will be popular and in the demand for a long time. It is very important to evaluate the future potential of the coin to evaluate its future potential.
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July 10, 2023, 02:54:50 PM
 #127

All investments can take a very long time before you get any income. So now there is an interesting option like web3 quest from TFS, where you can participate in their contests on their platform and get part of the prize pool now, it's basically like a giveaway
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July 12, 2023, 07:55:23 AM
 #128

All investments can take a very long time before you get any income. So now there is an interesting option like web3 quest from TFS, where you can participate in their contests on their platform and get part of the prize pool now, it's basically like a giveaway
I checked, there really is a high chance of getting part of the prize there because it's easy to earn xp
Patrol69
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July 12, 2023, 09:14:12 AM
 #129

It is true that if no investment is made in any new project, no new project will come in the market, but at the same time it is also true that new projects are most likely to deceive the investors. There are many new projects in which the investors have been cheated by investing due to which most of the investors now refrain from investing in new projects. When investing in new projects, investors are usually given big offers, but later when a big investment is seen in that new project, the project team scams the project. So never invest in new projects without knowing well.
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July 12, 2023, 12:30:49 PM
 #130

Cryptocurrency industries market is where patients really applied on when it comes for new coin's crypto investment, it under goes process, before the coin will be fully established in the cryptocurrency market, like wise other alt-coins in the market that has session of Bull Run and Bear market, and if you can bear with, cryptocurrency is on the Bear market and is good to buy and hold for a long term. 

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July 12, 2023, 02:01:24 PM
 #131

Understand that people are here for different reasons. Some are here for the quick bucks; they wanna make it quick, they don't have time to hold any token for long. Then, there are some that have been holding some coins for long just because they believe so much in the team and the future that lies ahead for that project.
But then, even team members of a project gets to abandon the project along the road and move on. And sometimes this can adversely affect the success of that project.

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July 12, 2023, 02:09:52 PM
 #132

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 projects need time to build and shape. What do you think?
The reason for that is not far fetch most especially when their investment is in altcoin, because altcoins are more unless a gamble and highly speculative so at that the investor will not have that chance to hold for a long term up to a year or so because you may end up losing everything while holding an altcoin for that long.

But you will find out that most of those holding for the long term are mostly holding good coins like Bitcoin and a few other potential altcoins and the reason is not different from what I stated earlier.

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July 12, 2023, 02:13:20 PM
 #133

it's true that projects take years to become hugely popular, and come with a hefty price tag. despite that, the progress was evident each year. an example is ethereum or BNB. Every year, the progress of the project is very clear, and the price is also quite good.
Currently, there are many investors who hope that the price of the coin they invest will increase quickly, even when it is listed on the market, they want a high price. that's not wrong, but sometimes a good project can see its development in the next few years. well, as long as the project is still being developed, I think the quality and price will definitely go up.
That's why there's a roadmap and investors should carefully analyze the roadmap as it can dictate the price pump timeframe if their roadmap is followed strictly. It will all depends on the project but if it's like a very good project, holding dor long is a no brainer given that the price has a higher chance to go up as their product are being develop. Majority of top tokens are still on developing phase and there are no signs that they plan to stop their project as they have a solid community waiting for their product.
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July 12, 2023, 05:14:44 PM
 #134

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 agree with your opinion, because what is meant by long term is investment for the next few years, but now many people hope to get rich instantly in cryptocurrency and of course if we want to invest in cryptocurrency for the long term, then we have to choose projects that are active and have progress, so that in the future the price of cryptocurrency that we invest still has the opportunity to increase and provide profit.
Getting rich isn't subject to what cryptocurrency you choose to invest in but it depends on your luck when it comes to investments, I know that many people say that you get success if you work hard, I do believe in that too, but that doesn't apply in things like online trading or investments, and getting rich from these things depends on how lucky you are because you might invest in a project that gives you significant gains in a very short period of time.

On the other hand, some projects might even get you losses even after you wait for years, so it all depends on your luck, but if you are choosing to invest in a cryptocurrency that is already established, you can at least rest assured that you won't have to face any losses in that case.

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July 12, 2023, 05:46:25 PM
 #135

Off course time is important for a project to manage itself, whether it would be a long term project, or I can say it would be a short term. But, we if a project is not fulfilling its promises again and again and the managers are ignoring someone messages then it will affect some projects reputations as I can say.

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