Biggest Issue I see with Cryptocurrency Projects (Blockchain Switching; Lost Coins)

in cardano •  3 years ago 

There are over 2,000 crypto projects and at least 1,000 of them are decent; worth looking at; worth holding some of - most of us cannot possibly keep up with that many bags; so even if we whittled it down, there would still be a few bags we just cannot stay watchful over at times.

Meanwhile; the people behind each crypto project really do expect all of their investors who ONLY pay attention to them only; and it's so unrealistic, so childish and so immature.

Made a comment in a thread, about $coval - a project I saw lots of potential in; threw some money into their project; and didn't really keep track of it for a few months; only to come back and find they moved blockchains, and the bag i was holding, was no longer any good.

Someone from their team responded, told me I had a year to move; what other project does that?? ---> My answer -- Cardano; Gave people unlimited time to move off their old chain, Byron, over to Shelley; because Cardano respects their early investors.

These blockchain projects that move chains, and don't give early investors unlimited time to reclaim their coins, are operating unwisely; Those early investors are often the reason your project is still around; they gave you the seed money to grow, test, operate, move to a new chain; Coins should be set aside at all times for them; Otherwise you risk turning someone who BELIEVED in you early, into an Enemy ....

You turn Cheerleaders, into foes.

All because you wanna act like a toddler and throw a tantrum over not getting the attention you want - > when we, the investors, have tons of 'kids' to look after; not just you; You're supposed to be growing and building on your own; whether I "look" at you or not; I'm supposed to reap the rewards of my early investment, that helped you GROW and BUILD -- when I get ready.

another 'kink' to work out...

image.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!