Topic: Is technology really important for investment decisions? - page 2. (Read 230 times)

If you are a vissionary then might go for a couple of projects with involve high and good technology. But for an investor, I dont think that matter as long as the mcap when he bought would be double or increase in profits thats more important to them. Well for a none fundamental based users its only the figure of possible profits are the most important part. However there are people who solely invest on the tech side and eventually wanted to use the platform aside feom investing on it.

Everyone wants money, so everyone invests in cryptocurrencies that are well-known and have the most capitalization. If technology were more important for everyone, then bitcoin would have long ago been pushed off the pedestal by more technological and modern projects, of which there are a lot, but this is not happening.

The presence of technology is an advantage for making an investment decision, but is not a predetermining (sole) factor. Even those projects that are technologically nothing can be profitable (other projects may have advantages). Take dogecoin for example. Thanks to hype alone, this project became popular, although it was created as a joke coin. Sometimes the cryptomarket self-regulates in strange ways.

I am firmly convinced that the majority, after all, enter this cryptomarket for profit, first and foremost. And the technological feature comes as a nice bonus.

It may also turn out that society is not yet ready for this or that technology, and then the project turns out to be unprofitable, having failed to interest investors or implement its plans. I've had bad experiences where I thought a project with technology would be profitable. Now I am inclined to believe that the industry is more like a lottery, where only chance can help you draw a lucky ticket (in terms of profitability) and relying on technology when making a choice is inappropriate.

Of course technology is also important. But what's more important than that is trust. And trust can be built with a good reputation. But I was also surprised by the price of SOL which was not too affected by the problems often experienced on the Sol network related to power outages or the like. This is possible because the community has been formed strongly and the community believes that SOL will provide them with benefits if they continue to hold it. And I think this is also a good sign that Sol does have the most solid community.

Both.

But not all projects deal with good technology because there are times that it's not about it but how profitable they are. And many are going to agree with that as majority here are not really for the tech but for the money.

It is.

Because that's the reason why that project was made and without such, what are you going to look at for that project if they don't have the technology? Unless they've got their own community already and whatever the devs throw to their people, it doesn't matter to them.

Many traders including me, we enter into the market for the sole purpose of investment only. For us these technologies don’t matter a lot. We use the technology to get better analysis only. Moreover we choose the best coin suitable based on the technology’s analysis and invest in that accordingly in order to pull out the maximum profit. Choosing the right coin and buying at right price is the important thing one should follow in order to yield maximum profit.

Basically Solana came to solve the problem of scalability, and they have proven that, to date, nothing can beat the scalability of the Solana blockchain. EOS has 4K TPS while Solana has 24K TPS, this is a noticeable difference. Apart from that, Solana also has real products such as Solana Saga .


100% for profit


Yes, that's the most important thing for me, technology is everything in crypto side, projects that succeed in creating new technology will be game changers, and that will make MC move to these game changing projects. My main orientation is profit, but that doesn't mean I don't think about technology, because that's where I make the decision to invest or not in a project.

Here are some facts:

1. Every outage of Solana was caused by different problems. It wasn't a problem that Solana couldn't fix.

2. Solana still has a huge community and has a strong coin price because the ecosystem is actually active despite the outages. It's the only non-fork alternative L1 that's actually challenging Ethereum.

3. New projects are still being deployed on Solana, whereas EOS is pretty much dead.

Tip: take a look at ecosystem metrics when comparing projects.

its all about hypes when investing in altcoin, solana outage was not even a concern for majority of people that uses solana, they just waited it out and are not willing to dump their coin into the market just because the outage they sees it as something ordinary in solana since it has happened many times already.
if we compare with other blockchain that are top 50 at least, of course the uptime of solana looks ridiculous, how can a blockchain ran by many validators could suddenly froze but turns out the culprit was on the system itself and solana has finally released patch and those that don't upgrade will lose delegation.
for me though personally i like to speculate so i often disregard the technology, but at least it should be at least good enough though not really bad technology or trying to recycle old projects.

A lot of people were predicting it and it did happen. Though it was a short time and was patched quickly and the solana price has rose over $100 again.
This do show the larger you get, the more good technology you require. A small volume coin with a small price can run with any tech and algo. But as your network grows and you can't increase your TPS and balance your fees, you'd be abandoned like Ethereum.
With recurring problems in Solana, people are looking for alternative like TON and SUI which are based on better technologies. And yes, I look for technology specially while choosing utility coin to invest.

On Tuesday, February 6, the Solana network shut down again after nearly a year of stable operation. This is the 11th outage in the past 2 years. Perhaps users and investors are too familiar with this "incident", after 5 hours everything has returned to stability^[1].

Blockchain is a decentralized network that operates 24/7/365. Blockchain downtime is an extremely serious problem for users. This problem has existed for a long time and continues to need the Solana team to research and find a solution^[2].

What surprised me was not that the Solana network shut down, but that the SOL token price was not negatively affected by this bad news.

On the SOL token price chart, we do not have a serious decline, even at the moment, SOL token is already traded at over 100 USD.


This makes me feel that technology, which is heavily advertised by projects, is actually just one of many ways to market. Technology is only a part of supporting the price chart, technology does not have a direct impact on price. Technology does not determine token price fluctuations!

Ultimately, despite the extremely heated debate with each other about the technology of projects in the market, investors participate in the crypto market to seek profits. As long as the token increases in price and generates profits, that token is considered good, potential, and worth investing in. Blockchain stability is not too important to investors, only a very few investors actually use blockchain. If so, it is just an investment action to make a profit, not to solve an irreplaceable need of life.

For comparison, the EOS network has very good technology and has been operating stably for 2064 days, no downtime, no problems as Solana, but the EOS token price has divided 31 times compared to the 2018 peak. It is a bad choice for investment!


I want to hear your opinion on this issue:

• Are you entering the crypto market to pursue technology or profit?
• For you, is the project's technology important to the investment decision?

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References:
[1] Solana Back Up Following Major 5-Hour Outage
[2] Solana Struggles: Understanding the Network’s Recent Outages