I believe the crypto market has significantly changed since the end of 2017. With the exception of bitcoin which in in a world of its own. The rest of the Altcoins are now in a meritocracy. They will have to show genuine significant real world utility and adoption for the price to rise. The only altcoin that is fast approaching this threshold is Iota.
I am at least partly with you, but I also do think the main problem of IOTA is not technology, but its the management.
Please read what Vitalik Buterin from Etherium said about them since 2017. I think he might be right.
From time to time, they do behave like idiots. At the moment there is silence ... but what if one of them goes public again like they did?
Diversify, thats the only worthy message.
Greez,
n.
Don't forget that 2 of the 4 founders were very young guys when Iota launched in 2015, and the 4 years since has added another approx 20-40% to their adult life experiences, so VB criticism from 2017 is less valid today. CfB is a genius on the autism spectrum, and everyone knows for years now he loves trolling.
In my opinion you are partly right of course, but you did not get me, I think.
The message to cope with could be: "Coordicide, we do have a problem."
I do love IOTA since a few years, but, alas, I am not "blinded by the light" (Bruce Springsteen featuring Manfred Mann’s Earth Band). ;-)
There is no "we-do-reapair-all-of-the-faults-of-narcissm-and-austism-caused-personal-problems-of-investors-foundation".
Did you get me now?
Greez,
n