Quote from: Blitzboy on Today at 03:23:25 PM

Quote from: WalkerIVIV on June 11, 2023, 10:56:55 PM

Quote from: Smitty Werben Man Jensen on June 11, 2023, 10:52:21 PM

Projects that are seen as active can end up being scams like big projects that are scams, yes, you all know Terra LUNA!,
Previously, LUNA had a community, very active developers, and their CEO was also very kind.
however it all just disappeared after one problem appeared, that's how terrible the crypto world is, and you know what to do

luna is another different thing, yes this is very active project but the disaster was brought by the very founder of luna himself, in which destroy the entire coin.
i still think that investing in active project is much of essence, basically one of many reasons that these project could be considered good, just because the project is quite active and not only for short time but long time like having continuous development in general.

Isnt it unjust to condemn all active endeavours because of one unfortunate incident? Terra LUNA's downfall was indeed a shocker, considering its lively community and robust development. Is it then rash to categorize the whole crypto sphere as dreadful based on this single mishap? Following this reasoning, all stock investments would be precarious due to unexpected corporate colapses. On a positive note, many active projects demonstrate potential through consistent innovation. Despite the inherent risks, aren't these still a more prudent bet than dead projects? The crypto world isn't all gloomy—its simply a steep learning journey.

To the average person, cryptocurrencies look about the same as TERRA to you and me. Usually people can't survive a deposit reduction, such as what is happening with altcoins right now. And no one knows when it will end. So in a sense cryptocurrencies on a global scale can be called LUNA, which has little trust.