Post
Topic
Board Altcoin Discussion
Re: Countless Telegram Mining Apps - Crypto Adoption or Devaluation?
by
fortunecrypto
on 10/07/2024, 11:32:57 UTC


Their constant questions about when mining will end and how to sell tokens make it seem like blockchain cryptocurrency is just a way to get rich quickly. While I initially saw these trends as a positive sign of crypto adoption, I now worry that it's diminishing the value of being known as a legitimate crypto investor, as more and more individuals claim to be involved in cryptocurrency without truly understanding it.

I can't help but wonder if others have noticed this trend as well.

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You can't blame these people they join anything that will promise free coins that will lead to profit, without truly understanding the underlying technology behind the project they are joining, they are here for the FOMO and they are the kind of people who jumps from one project to another.

There are positive and negative impact of these airdrops, the positive impact is this is the easiest way to build a community, and the negative impact here those who joined out of FOMO are quick to leave if what the profit they expect is not reached, they prefer short term profit to long term profit.