This was part of my conversation yesterday because those of us invested in any investment should know more than just the basics by doing some research. I gave this gentleman the name of the Enterprise and yet he came back by saying "do tell more" which I asked him to Google the company mentioned. I find this type of investor frustrating and mind boggling all at the same time because it shows they are not committed and are doing their non research type investments.
His bio states he is working to give his family financial freedom so I hope he is not talking crypto for his family's sake. The work part is severely lacking looking for short cuts.
What I find hard to believe is people invest in a project yet have no idea what is happening. We all have the same resources available to us yet others want to be spoon fed through the work we do. If everyone was clued up on here investments then they would know what was happening and what to expect next.
To reply by asking for more and who is Delta Platinum is rather telling highlighting not only ignorance, but also how lazy people are. Trying to guide them in the right direction for their own good, but then again you cannot force someone drink or change their way of working.
I think this sums up the majority in crypto who have no idea that there is a difference between the various crypto projects. The most puzzling part is what would entice you to invest in a specific project over another if you don't know the technology behind it that makes the big difference. I suggest that most investors are following the crowd and doing no research of their own and are literally clueless to what they have.
Over the last two years I have researched around 30 different crypto projects and have only settled on two so this is not a walk in the park due to the research being so time consuming. If you follow the crowd you are not unearthing a gem waiting for the value to come to you and are missing out on finding the real value.
If I think back on my dollar cost averaging for the COTI investment alone it is under the 6c mark and those who are following the crowd are paying 3 x that price currently and have no idea what it even offers.
This is the problem being early in crypto because the majority of the market believes whatever they purchase will be profitable and they would be correct in that assumption. The difference we all know is finding what technology the project has and what real life use cases utilities it offers in the real world. Finding cross overs into the real world at such an early stage in the crypto eco system is not easy and why researching continuously staying up to date is so important. Those crypto projects that will stand out from all the others will be like finding a money printer when it does happen.
