All the masternode coins were hit pretty hard with what I call the masternode dump. It's not just CHC and SYNX that shared this characteristic that day.
Unfortunately, the information on Synx in this article is incorrect. Most of the admins ended up getting burnt by the dump. Additionally, the community is actually holding it's own and as a coin, Synx is worthwhile getting into for which a comment won't do it justice.
The community was actually responsible with getting responses from the developers who are making changes (Look for anticlimax's post in https://bitcointalk.org/index.php?topic=1511215.2760) because of hodling together.
So look, you can have your own opinion on many of the other coins, but please don't cast an eye of judgement on SYNX unless you've been part of the slack for at least one day. If you're interested, you can read my writeup about day one as well (https://steemit.com/cryptocurrency/@the-superstar/day-1-my-story-as-an-admin-on-synx-hodl-slack).
Additionally, there are many types of investing in cryptoland. Charts is just one form of investing and it's not necessarily the best. There are many other types of investing and each type has advantages and disadvantages. If hodl doesn't suit you, then so be it, but it might suit others.
State which part is incorrect and I will write a redaction. I said the hype around it is false. Again never said SEC is a scam. SYNX was the backup milkmaid for the scammers and it worked. The charts dont lie. It was pumped and dumped. Those holding on are desperate for it to go up again. I will tell you. Unless SEC pull somethign out of thier arse its going back to where it belongs.
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NO, Synx was chosen buy people who wanted to own masternodes but could not afford to get into Chaincoin at that time. THose people loved the idea of holding and eqrning passive income and at the time, Synx was the most atractive and affordable option to them. i know tjis to be true because that is what brought me to buy SYNX. It was during the rapid price rise of the coin and the idea of having a Slackchat that subsequently an admin team and leader group was formed ... completly on the fly , not pre organised. what ensued was a buy in by pump and dumpers and noobs who saw the price skyrocket and wanted in, but dumped and fled when it inevitably corrected.
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It really wasn't you can see by volume as CHC was being dumped on people suddenly moved to SYNX.
You were duped by someone that is inside your group. To think otherwise is dreaming. But if you truely believe what you say then you lost nothing because you got in early at a good price and are in it for the long run.
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