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RE: Quit Treating Your Favorite Cryptocurrency Like Your Favorite Sports Team
I laughed at this because it is pretty true with people out there. I felt like the teenie boppers got real bad about this. There were people defending Bitconnect so hard it was unreal. There was one lady who was trying to school me on what open source software was and shit on one of my videos.
I have been meaning to do a post on how to tell someone is over invested in a project. I know a lot of the n00bs are getting all bent out of shape when it seems like there is good news all the time but the coin doesn't go up. I understand where they are coming from but they are likely over invested in it mentally and monetarily.
Yeah that's kind of what caused me to take a step back from the cryptospace and Reddit where I had been pretty active. If you ask a question critical of a coin or talk about a challenge a project faces rather than addressing it or discussing it people tend to attack the person. When I see my investments going down I'm obviously not happy with that and to see other people cheering while we all lose money, themselves included is just dillisional.
That's actually one thign I really enjoyed about my local bitcoin meetup or crypto meetup is people were pretty level headed adn grounded. We would talk coins, people would say good stuff about it, as well as the bad stuff about it, etc.
I totally get being excited about a project especially if its a project that aims to do something big as opposed to just be a currency but I definitely think its important to take a step back and know when to throw in the towel and stop rooting for a coin that's not going anywhere