Do You Still Believe In The Tech?

Kinto, a crypto project I was highly bullish on flopped in their price launch after organising a successful pre sale raising the hopes of their investors. So Kinto, the project and the platform is great, the technology is beautiful, they give you the opportunity to invest both in crypto and in stocks, which is very nice, also give you the opportunity to trade perpetual on the platform. Everything about the project was going so well until they launched a community sale event. This event allowed investors to buy the token at pre sale for the price of $15 with the hope that it will launch at a higher price. Sadly the token launched at $10 and dipped to $2.7 in less than 48 hours after launch. Creating a very bad token performance, investors got angry and started bashing the project.

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Money is sentimental and emotional, if you put your money somewhere you will get emotional about it because no one feels good after losing some money, money is not easy to make or find. After the Kinto failed token launch, people didn’t care about the technology again because they lost money, they abandoned the project and moved on to other projects. Kinto’s technology is great, sincerely speaking, the technology caught my attention and made me invest $1,800 but after losing my investment there, I didn’t care about it or wanted to use the technology any more. Crypto technology is very great, we are all here both for the technology and also for the money, I still love the space.