Post
Topic
Board Altcoin Discussion
Re: Will you invest in a project that might take years to outshine the market??
by
jostorres
on 12/07/2023, 17:14:44 UTC
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.