Is technology really important for investment decisions?

[SeriouslyGiveaway]

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!

If you have been in this market for a long time, these things are completely normal. The price of a coin often does not have much effect on its technology, like the crazy price increase of meme coins (there is no technology behind them at all). The increase or decrease depends on MM or the investment funds behind it. No matter how good the technology a coin has, if it does not have a quality MM team, it will be very difficult to push the price.
Because setting up to push up or reduce the price of a coin is not easy if they do not have a certain amount of coins in hand. They only use technology stories to direct the market and players to follow their will, because to be honest, most of the technology of Altcoins on the market except ETH are only at the experimental level, but has not been widely applied.

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!

There are almost no users on the EOS network, so no congestion leading to a shutdown is understandable. We cannot compare these two networks because they are too different. The EOS team drew a very attractive technology story when it was launched, and the price was also fomo at that time, but now everything about EOS is out of date, the MM team behind it has no new stories are set up to push up the price of EOS, so the price will decrease is normal

[NewRanger]

If you have been in this market for a long time, these things are completely normal. The price of a coin often does not have much effect on its technology, like the crazy price increase of meme coins (there is no technology behind them at all). The increase or decrease depends on MM or the investment funds behind it. No matter how good the technology a coin has, if it does not have a quality MM team, it will be very difficult to push the price.

Indeed, if there is a combination of the two, that is a great consideration for the future. Yes. The crypto market for Altcoins is very fragile, if you don't have strong people behind it, it will very easily shake and result in users having a big disappointment because previously they had hoped that the coins they held would later provide more or less profit for them and if there is nothing unique, don't hope they will come and buy it. Yes. Good analysis is very relevant.

[Adreman23]

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?

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

1. I believe that all investors in the crypto market aim to profit, and I am one of them. In the case of Solana, despite negative events such as the network shutdown, its community remains resilient, as evidenced by the minimal impact on its price. Perhaps there is something that most people hold on to, and one thing I speculate is the community trust in the Solana team. This stands in contrast to EOS, where most lost trust in the team because EOS is not fully decentralized, because they have the capability to freeze accounts.

2. For me, it is important that a project's technology is robust. Perhaps this is also what most people look for, but it's not just about how advanced the technology is, it's also about the supportive community. Because no matter how great a project's technology is, if there is few community support, investors may suffer losses.

[husencoe]

I think this is because of good community support.  Without a good community supports, maybe even the coin with the greatest technology will fall.  I think a few hours of outage is not a big thing and does not reduce the prestige of the technology.  All technology needs repairment and improvement to become better and serve more.  It's all about people's trust.  Without trust, everything in this world is worthless. 

About OP's question, I have more think:
1. Technology and profits are two things that complement each other.  Technology makes human work easier and that is what always we hoped for.  Profit is what everyone is looking for.  The world of crypto attracts people because of its profit opportunities.  Without technology, the profits that can you get are only a small once and don't last long, so crypto must continue to innovate if don't want to be left behind.
2. Technology of the project is a very important to consider.  Technology will make people continue to looking for it, need it and they will have a long life.  Who else invests to fail right? There is no one want to fall.

[ivankoh]

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?

For me personally, all investment goals are for profit, I do not invest with passion just because I love beauty, goodness and passion. With good or futuristic technology, it becomes even more worthwhile. For example: some AI technologies, bitcoin l2 rollup... when you focus on technology, it must be placed on long-term strategy, technology is always changing and forcing projects to also change to adapt. If so, you can endure a longer period of time to lock in profits.

[KingsDen]

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?

For me personally, all investment goals are for profit, I do not invest with passion just because I love beauty, goodness and passion. With good or futuristic technology, it becomes even more worthwhile. For example: some AI technologies, bitcoin l2 rollup... when you focus on technology, it must be placed on long-term strategy, technology is always changing and forcing projects to also change to adapt. If so, you can endure a longer period of time to lock in profits.

Many people are in the cryptocurrency industry just because of the profit they get from the fluctuation of the cryptocurrency price. It is not many people that are interested in the technology behind any coin or any blockchain. What actually are they going to do with the blockchain technology and how is it going to help their life. Many people are just here to take advantage of the price fluctuation and make a good morning for themselves and change their standard of living. The same thing is applied to the Bitcoin investors, obviously there are many advantages of using bitcoin apart from the price increase of the coin but people have neglected this advantages just for the profit of it. It is only a few number of people that are into the industry for their technology such as privacy and decentralization while the majority of the people are for the price.

In as much as solana has the ability to increase in price and has built a good number of community around their project and the project also has utility there is nothing that is going to obstruct it even if the blockchain happens to be down for more than 24 hours, people will still troop in because they surely know that the price will increase

[Vincom]

Many people are in the cryptocurrency industry just because of the profit they get from the fluctuation of the cryptocurrency price. It is not many people that are interested in the technology behind any coin or any blockchain. What actually are they going to do with the blockchain technology and how is it going to help their life. Many people are just here to take advantage of the price fluctuation and make a good morning for themselves and change their standard of living. The same thing is applied to the Bitcoin investors, obviously there are many advantages of using bitcoin apart from the price increase of the coin but people have neglected this advantages just for the profit of it. It is only a few number of people that are into the industry for their technology such as privacy and decentralization while the majority of the people are for the price.

In as much as solana has the ability to increase in price and has built a good number of community around their project and the project also has utility there is nothing that is going to obstruct it even if the blockchain happens to be down for more than 24 hours, people will still troop in because they surely know that the price will increase

Perhaps because the blockchain market is still so small while the crypto market is so developed, the attraction of short-term profits directly becomes the main reason to attract investors and cash flow into this market.

In addition, investors are also more wary of promises about technology and solutions like those from ICO projects in 2017-2018, or advertisements about the value of GameFi in 2021. Every something that is too complicated and takes time to verify while the cyclical nature of the market will cause all tokens to be negatively affected during the crypto winter. When investors understand this, they will only care about short-term profits instead of focusing on long-term technology.

Anyway, whatever the reason, as long as investors participate, the liquidity of the market will increase. This is an important condition for the crypto market to continue to develop and blockchain technology to be applied soon in life and bring more real values to society.

[batang_bitcoin]

Are you entering the crypto market to pursue technology or profit?

Maybe yes, there have been projects that are into tech and take it mostly with Bitcoin. Everyone understands how blockchain works because of it and then it got an extension with these projects that came out and imitated and became altcoins.

For you, is the project's technology important to the investment decision?

More of the use case but we can include and say that it's a yes and it is very important in making an investment decision. If we do our research, we are determined in investing on it because we took time in knowing if it's a good one or not.

[Jegileman]

• Are you entering the crypto market to pursue technology or profit?

Technology is the brain of every project that has become successful in the crypto world but if it was just the technology that it entail without any form of money making profit, the crypto community wouldn’t have had such a large congregation of members all showing interest in it. Technology is the foundation of it that is still making it stand but the profit making is the primary aim of it.

• For you, is the project's technology important to the investment decision?

Yes, it is important to me because without it you’re at risk with your investment. Without a solid technology put in place to facilitate the project, they don’t last in the market and can exit the market anytime the technology that is powering it fails or the team can’t handle the cost of maintaining the technology behind the project.

[Churchillvv]

I want to hear your opinion on this issue:

• Are you entering the crypto market to pursue technology or profit?

This question from my perspective does not have an answer to a particular option rather it's a dependent question. Off course we all have a sole aim of making profit but at the same time we want to be part of the life changing events which equally means we are on both sides.

I got into the crypto industry with the intention of making a side hustle as a student in order not to disturb my parent for up keep, and here with the purpose I began to find more reason why I should be part of the crypto space not only for the sole aim of profit any more but to learn how it works and what I could do to maximize the potentials of cryptocurrencies.

• For you, is the project's technology important to the investment decision?

Yes, its as important as the Investment itself. basically if the technology isn't functioning very well there is no way I'm ever going to put a dime in it because it's going to fall of one day leaving me and my investment in a loss. the tech is the key drive to investment it the technology isn't good enough to hold Investment then I wouldn't risk no dime to invest in it.

[lalabotax]

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?

For me personally, all investment goals are for profit, I do not invest with passion just because I love beauty, goodness and passion. With good or futuristic technology, it becomes even more worthwhile. For example: some AI technologies, bitcoin l2 rollup... when you focus on technology, it must be placed on long-term strategy, technology is always changing and forcing projects to also change to adapt. If so, you can endure a longer period of time to lock in profits.

This is an answer that is often found. And this is certainly the main reason that makes us enthusiastic about investing in cryptocurrency. because if we only aim for technological development, then there is no need to be too focused on investment. However, the two are interconnected and cannot be separated. Our investment will be even more valuable if the project or crypto has long-term technological developments and also has potential in the future too. So, there is a return.