Post
Topic
Board Tokens (Altcoins)
Re: 🔥[ANN][ICO] Extrabit - Crypto Mining Future🔥
by
Assab101
on 25/04/2018, 12:49:35 UTC
Very tempting project. The key is the ability to receive electricity for 5 years. If this is a reality, then the company got on a    
bonanza in the mining.
The project is good for me also but five years is too long. How could you monitor your electricity? I think it's risky and it may lead to you bankruptcy.

Agree with you, 5 years is too long for the project. This project will go to ups and downs in 5 years or even bankruptcy as what have you said. If they can make it for 6-12 months I guess there would be higher chance of probability that this project will succeed.

I agree, the dev should think a way to shortened it so that many investors will be encourage to join this if they will know that they can get profit in a shorter time.

Having a long term vision is better than making bad promises for the short term. If the time horizon is too long for your investment preferences then better go with a different project.

I definitely agree with you, that if they can't handle the patience of waiting then they better find another project that suit to what their wants and needs. From their highlighted text that this is a crypto mining future, then ROI should be expected also in long-term.