I get annoyed when people think of coins in terms of bitcoin price and judge their investments as so. I dont keep my money it bitcoin - I keep it in a bank where it gains nothing, so any gain i get is positive. Judging an investment in any crypto through a bitcoin lens is like saying investing in facebook is bad because amazon went up more...no it isn't it just wasn't the most optimal but it still gave you positive returns.
it's not entirely a false comparison, since you literally are forced to buy mnx in btc or some other crypto XD
I would gladly have bought mnx with my debit card directly if I could. (and I'm sure many others would have as well)
the logic is basically this
if I buy 0.01 bitcoin at 10,000 each (100 dollars worth), and then I buy 5 MNX with that (at 0.002 each)
then price of MNX drops to 0.0015, but bitcoin rises to 30,000 each, I still made profit, but I would have made 25% more if I just sat on bitcoin.
(225 investing in mnx vs just holding and getting 300)
don't get me wrong though, my portfolio is very happy with mnx thus far, even if its price in btc drops.
but you are not a bitcoin hodlers. I did not know why people complain about the pricing. you still in a win even the btc price is lower than the ICO because the value in usd since you bought it is higher now. You are not a bitcoin hodler because you exchange your btc to altcoin