If a project gets too complicated

[Yamifoud]

It's always in investors best interest to understand what they are investing their hard earned cash on, do not invest in something you don't understand because think about it, how is any of this make any sense?

There is no interest in this kind of coin. And obviously, there is no sense of having HEX or any project that is similar to this that they don't have a concrete goal to achieve. It is a dying investment if put our money into them.
it could be hard to believe that some people are buying HEX, I don't know what is there mind. But I hope they will realize it earlier as they still have time to divert their money to other altcoins which potentially can give them a return.

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[coin-investor]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

An investor should understand what they are investing if they are investing in the long term and wants to maximize their profit, they should understand what the project is bringing up to the community, there are a lot of pump and dump projects, and this is very risky you will end up with nothing if you are investing looking for profit alone.

[longyenthanh]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

After all, Blockchain is a very complicated technology, and so many people have understood it. More and more people get to know about it and want to adopt it in business.
I think if a project is complicated, the developers just have to explain it. It is up to the developers to write a clear and easy to read whitepaper. This should guarantee success.

We are not talking about blockchain technology here, some projects have use cases that are confusing, I believe that's what OP is referring to, every blockchain newbie will surely find blockchain confusing at first but the discussion is about use cases that can't be understand, check HEx out for example

Giving an example with Blockchain is just an example that even a very complex project can be explained in some way.
As I wrote, the dev team is responsible for explaining the complexity of the project.
If the creators of the project cannot do it, the project in my eyes becomes suspicious.
This reaction seems perfectly normal to me.

[Jordi129]

People become smart because they already have much experience to identify it, the project will turn to scam or the project can continue. You need to be aware of that and always search for more news about the project. I actually prefer projects that can be very easy to understand by anyone, so that it won't be hard to understand by people who wish to be part of developing and securing the them.

[oemar bakrie]

with the complexity of the project, it will automatically go away because of boredom and in vain the sacrifice of time that is spent has no results at all,the point is we have to be selective to choose a project that will be good the next day..

[Kasabus]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

An investor should understand what they are investing if they are investing in the long term and wants to maximize their profit, they should understand what the project is bringing up to the community, there are a lot of pump and dump projects, and this is very risky you will end up with nothing if you are investing looking for profit alone.

But unfortunately, not all investors are thinking that way. What is in their mind is to make money in a shorter time without bothering to see and do the simple research on a certain project that they are about to invest in. It finds so naive to think that way but it should be a good term and we also have to think about our assurance, not just because we saw a huge market offer and jump into it.

[Ucy]

in fact some projects can become complicated, complex with the passage of time, even without being scam, but at least me when i begin to not understand what it is about, i usually pull out, i abandon the project

Yes, if the project is complex and not transparent in some ways, then it is clearly better to withdraw from the project and move on to another project because there are still many projects that are not complicated and can be more profitable.

I will likely withdraw too if they refused to simplify things.
Complicated projects tell alot about those behind them. I don't believe a project can be made difficult to understand by talented/skillful developers who really care about the people they are building the projects for.
I suspect those who build complicated projects don't understand what they are doing,  Don't know how to simplify things, Are more concerned about themselves, Don't care much about those that will participate in the projects, They deliberately made the projects complicated for whatever reason, etc

[cabron]

ETH is not so hard to understand, people easily see it as smartcontract platform where developers can create projects under it. We invest in ETH and some of its token if we find it profitable. EOS is the same as ETH as smartcontract platform but many are not investing in EOS because they find it hard to understand when its actually just the same thing. When a project gets too complicated and only a few understand, let the people earn it first and see how they feel about the project.

[ChrisPop]

Complexity can be made simple for end-users by front-end engineers and UX designers + a skilled marketing team.

I heard about Hex and I think I have watched an interview with Richard xyz (can't recall his name). It sounded and looked to me like a disguised ponzi scheme and I didn't like his attitude (but hey, it's just my 2 cents).

[Cling18]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

The main reason why people invest is to gain profit. No matter how easy or hard a particular coin can be, people will always look for its market status and how profitable it could be unless a coin faces many issues that could make lots of investors doubt its potential. Most people these days just follow the trend, and they choose to invest with coins with good volume.

[ScamViruS]

Now the reality is, no one wants to invest in another project by researching it. All projects want to present their project in detail so that everyone is attracted. Everyone is now interested in investing in different projects to make a profit, which means that the next time they invest in different bad projects, they make losses in different ways. When a project is complicated, it is safe to stay away from that project. Because investing in something you don't know well doesn't make sense.

[bitgolden]

An investor should understand what they are investing if they are investing in the long term and wants to maximize their profit, they should understand what the project is bringing up to the community, there are a lot of pump and dump projects, and this is very risky you will end up with nothing if you are investing looking for profit alone.

But unfortunately, not all investors are thinking that way. What is in their mind is to make money in a shorter time without bothering to see and do the simple research on a certain project that they are about to invest in. It finds so naive to think that way but it should be a good term and we also have to think about our assurance, not just because we saw a huge market offer and jump into it.

I have never invested considering what could happen in the next 6 months, as long as it doesn't become 90%+ drop in price in the next 6 months I will probably be fine with it, I had 50% drop before and I was fine with it, in fact I was quite happy that I would be capable of buying more from it while it is cheap. The only problem I faced with this type of method was Nano, it was a coin that I liked a lot and bought more and more of it, when it was dropping in price I kept buying more and more of it and dropped the averages, but eventually I had to leave it behind because it didn't recover at all.

But, all the other coins I bought made at least 5x returns this year, I do not have too much money so it wasn't really a huge sum of money but in anyway I am quite happy about it. If those investors could learn how to wait, they could make a good return as well.

[olabiyijummy02]

I think projects need to strike a balance between having a obviously complicated project with having a whitepaper and presentation videos that are very simplified. Too many technical terms in a projects media will only confuse the ordinary investor and discourage them from investing because they dont understand what they are investing in and people dont like what they dont understand.
So my advice for cryptocurrency projects is to make their official contents as simple as possible.

[ElaineGanda]

Sometimes I experienced difficulty in understanding a certain project. What I am doing is to contact their project official telegram channel and ask questions. If the telegram is accommodating and responsive then it is a plus points to the tean but if it is not, then don't support and invest on them because it is not worth it.

[wxa7115]

Investors don't need to understand everything about a project, most especially the inherent technicalities in the system, if the project owners can guarantee a solid system that's genuine and not a scam, with a working use case and not a reincarnated one, then that's enough for the Investors, though there are quite a lot of investors who go on to learn most technical aspects of the ecosystem they want to Invest in, but those who aren't so much tech-savvy can make do with research that's not based on the technical aspects of the network and most importantly to ensure the project is not a scam one.

I don't really think this is accurate, one of the first rules that investors need to follow is to never invest in something that they do not understand, and the reason for this is quite simple, if you do not understand the asset in which you are investing then scammers will have a way easier time when they want to scam you because the only thing that they need to do is to throw a bunch of words and new concepts to you that you do not know anything about and try to confuse you that way.

And if your knowledge about what the project is trying to achieve and how is trying to achieve it is not perfect then the chances that you are scammed are way higher, which is precisely why scammers thrive in this market, since very few people actually understand cryptocurrencies but they keep investing in them despite this fact

[Noctis Connor]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

Well it's always for people to invest or not because it was your decision you're going to made since it's your money at first , and it was your obligation too to read those facts and there terms and rules before putting your money eh you need to understand everything do a research for the project , sometimes people are just too excited to make a profit even though its not in the market yet and more over they're scared that their money will be gone for good because of the project it self i think it's only people who making it too complicated.

[doomloop]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

Lol that’s a good question. There are some people who are going to be worried about understanding what the project is all about and they are not going to buy in because they do not have a single idea of what the project is talking about, then there are so many of those whose wouldn’t mind what they are investing in, what they want to know is that they are making the profit that they need and as long that profit is coming in they are going to be steady buying that particular Coin.

Some people don’t study the coin they are investing in, they just want to believe that there is the opportunity for new projects to grow some profit.

[senyorito123]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

Lol that’s a good question. There are some people who are going to be worried about understanding what the project is all about and they are not going to buy in because they do not have a single idea of what the project is talking about, then there are so many of those whose wouldn’t mind what they are investing in, what they want to know is that they are making the profit that they need and as long that profit is coming in they are going to be steady buying that particular Coin.

Some people don’t study the coin they are investing in, they just want to believe that there is the opportunity for new projects to grow some profit.

It is very important to know and understand each details of the project for you to know every step the team do. Through understanding it can stop your worries because you have the idea what have happen every single day. Sooner the coin will grow at the targeted time, just like other coin which successfully grow now.

[Lanatsa]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

Lol that’s a good question. There are some people who are going to be worried about understanding what the project is all about and they are not going to buy in because they do not have a single idea of what the project is talking about, then there are so many of those whose wouldn’t mind what they are investing in, what they want to know is that they are making the profit that they need and as long that profit is coming in they are going to be steady buying that particular Coin.

Some people don’t study the coin they are investing in, they just want to believe that there is the opportunity for new projects to grow some profit.

It is very important to know and understand each details of the project for you to know every step the team do. Through understanding it can stop your worries because you have the idea what have happen every single day. Sooner the coin will grow at the targeted time, just like other coin which successfully grow now.

When you do make out investment then its always ideal to take up some consideration on looking all of those factors which should really be needed to be done.

Don't just carelessly choose up just because of some hype or suggestion.If you do see a project which does have some potential then its up to you if you can risk up or not.

If it turns out to be complicated then its up to you if you do skip or would study even more on that.It just matter on how dedicated is someone when
it comes to this manner.

[magneto]

If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?

Yes, absolutely.

The technology can be as convoluted as the founders please in order to achieve their ends. But when it comes to PR, the project's mission and solution must be able to be communicated extremely concisely and simply.

People's attention spans are low and with the abundance of altcoins out there, they don't want a 100-page academic paper on why this is the best coin. They adopt on the premise of realistic promises that can be summed up in a sentence or two.