I joined the Crypto space in 2022.

[Churchillvv]

It’s quite unfortunate that we are not longer in the position where technology is the core interest in the crypto space instead it’s more like we are just here to grab a few dollars as possible regardless of how it comes in. The crypto or altcoin industry doesn’t introduce anything better than repeated codes with higher influencers to promote it and at the end it’s a rug pull, very unfortunate.

Money is the only thing that makes the world go round, so am not that surprised that technology is a forgotten story, and it's more about money than anything else. Although the technology is still visible for all to see, but making money is more of the center of attention this days.

Some people or investors came into the industry because of the technological aspect of it, but because of the money making opportunity they later discovered, they switched fully to invest or trading, since they stands a better chances of making money from it.

In course of technology driven interest and growth in the altcoin industry, there is still money motives around this tech gurus because using the technological skill which one have might create one tech which will be useful and will be a paid service that can generate money. Like bitcoin, satoshi a tech guy who is in love it’s tech finds cryptography interesting and using it to solve a raising situation of financial crisis in 2008, now his untouched addresses are worth so much money which is like the monetary aspect of technological interest and creation.

[uneng]

It's sad to see the industry focused solely on money-grabbing grifters.

It has been always like this. Scams have been present since the beginning, they just evolved and changed along the years. That is not an excuse to get upset with crypto industry, though. Even though 99% of the projects are shady, you can still focus your time and energy in 1% of them, since you feel motivated by technology and innovation.

[Localhostspeed]

In course of technology driven interest and growth in the altcoin industry, there is still money motives around this tech gurus because using the technological skill which one have might create one tech which will be useful and will be a paid service that can generate money. Like bitcoin, satoshi a tech guy who is in love it’s tech finds cryptography interesting and using it to solve a raising situation of financial crisis in 2008, now his untouched addresses are worth so much money which is like the monetary aspect of technological interest and creation.

It's has been a norm that you wake up to see a crypto projects announced they are winding down and are not going to continue again. This month, I have seen 4 good projects that has discontinue, I don't know why the sudden lack of ambition. I don't know, it's giving me that vibe that all the crypto project are here for the money, as soon as it's no longer sustainable, they change what they are doing and don't want to build anymore.

You hardly see a project with this kind of behavior, they can ride bear market for at least 2 years without coin and the project will be in development. Sometimes, they don't even have investors during that time. It's funny how stories change after launching a coin, makes the money and then act like the can't continue again. This behavior will not lead alts to anywhere.

[zasad@]

It's sad to see the industry focused solely on money-grabbing grifters.

Why?

Because I genuinely had an interest in the technology and the vision behind Altcoin and Crypto. I wanted to learn more; I wanted to understand it better.

The industry remains beautiful.

Fascinating technology is being built, but I hope that, one day, the industry goes back to its core and that we're here to simply embrace technology and the opportunities within it.

Scammers are everywhere; even in conventional business, someone might ask for your money while promising a 200–500% annual return. If you are seeking such high returns, or even higher,you will inevitably end up operating in a market rife with scammers. If, however, you aim for a return of 10–20% per year, you will find yourself looking at different cryptocurrency projects, where the number of scammers is far lower.

[hugeblack]

Because I genuinely had an interest in the technology and the vision behind Altcoin and Crypto. I wanted to learn more; I wanted to understand it better.

There are projects that focus on this, but since their price is unlikely to surge rapidly, you rarely hear about them; furthermore, having good technology or solutions to problems does not necessarily mean that the price will pump.
grin.mw ( a privacy-preserving digital currency) is a good example

[Taskford]

It's sad to see the industry focused solely on money-grabbing grifters.

Why?

Because I genuinely had an interest in the technology and the vision behind Altcoin and Crypto. I wanted to learn more; I wanted to understand it better.

The industry remains beautiful.

Fascinating technology is being built, but I hope that, one day, the industry goes back to its core and that we're here to simply embrace technology and the opportunities within it.

Scammers are everywhere; even in conventional business, someone might ask for your money while promising a 200–500% annual return. If you are seeking such high returns, or even higher,you will inevitably end up operating in a market rife with scammers. If, however, you aim for a return of 10–20% per year, you will find yourself looking at different cryptocurrency projects, where the number of scammers is far lower.

Imagine how huge to promised return, that could make us wonder on how the platform could sustain that.

If they are seeing such huge offers. That's actually a red flag and sign the platform they are looking at is a scam.

Hard to find those platform that consistently gives 10% - 20% per year. But its good for investor to know the risk, so they would have realistic aims or targets with possible return they could get, also so they can stay away with to good to be true offers.

Also I'm looking at these programs that can possibly produce a realistic gains to people.

https://support.kraken.com/articles/360037682011-overview-of-staking-on-kraken
https://www.coinbase.com/usdc
https://ondo.finance/usdy

But still take proper precaution, because we don't know what other things will happen with this online platforms.