Re: Will you invest in a project that might take years to outshine the market??
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?
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.
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.