I am following crypto from early 2018. It is not a long time but even if you are in crypto for just one year you should came across many project that were huge potential and are dead now.
I did invest some money at those project and are now worth 0. Energi price is down but team is growing and I have full faith price will increase. Better have a project with stable price than holding coins/tokens of dead projects.
Energi is NO ICO project. Tommy invested his own money to start the project. Beside that Energi had a huge Earndrop campaign with 4 rounds sending out millions of coins for free.
I bet those free coins cause huge sell pressure as many are dumping the coins on the market price. And those same people will dare to complain and ask for more free coins to dump it further.
I have funds in MN and staking and with a rewards I am getting I am still way in profit and still getting more and more MN and staking rewards. Calculate those and your average buy price if you haven't got those coins for free and post your calculation of profit/loss.
Those complaints reminds me of all the FUD about crypto in general. When BTC was 60k all banks/institutions were saying BTC will hit 500k. Now BTC is down to 30k and those same people calling BTC/crypto is dead.
It was the same before when BTC ranged from 20k to 3k. I personally don't care about those FOMO news when price is up or FUD when price is down. Make your own research and decide wich project to follow.
My suggestion to everyone: If you don't trust the project then sell your coins/tokens and look for another project that suits your need.
Like I said there are so many project in space and many (85%) i followed are dead. Energi is one of the those rare project that is active and developing with team growing rapidly.
The rest of the project that is still on i following are: Binance, Vechain, 1Inch and Polkadot. All others are dead and my money gone with no hopes to recover.
When looking for the project I look for the team and if they hire more people and seeing development in progress I can be sure they will develop further. Next important thing is active 24/7 support.
24/7 support is impossible to find in crypto. Beside Energi only Binance offering 24/7 support. If you have technical problem at any other project you need to rely to their community to help and risk yourself to get scammed.
When I am mentioning scams and hacks look to EBI and name one another project with such defense program as Energi has. If you get your ETH/BTC or any other wallet hacked/scammed all you can do is to watch your assets moving from one wallet to another and there is nothing you can do about it to get it back. You can store many assets on Energi and stay safe with option to get funds back if you get hacked/scammed.
I personally would love to get missing MN rewards but when you think about it it is a few coins that are missing to my wallet. Even if that is 100 NRG + remind yourself if team is 100% in distributing those MN rewards and project does not develop further due to that price will definitely stay on the same level.
I would personally prefer the project developing further and seeing price increase when bridge is out and following with Yield Farming, Synthetic Assets, Binary Options...
Now if you see on how many areas Energi is developing you can understand it takes time. Every project has resources they can spend. There are limited resources and Energi needs to manage it as best as possible to develop as fast as possible.
Just to summarize. Dead shady project would be selling all backbone funds, there will be no team growing, no development, there will be no 24/7 support. Energi sustain all that from the beginning and improving along the way.