1 There re legitimate concerns regarding VRA which it is cool to address and should be addressed, I am grateful to people that bring them up when they are discovered and share them with the community.
2 There are legitimate concerns about every single crypto coin that exists including bitcoin I could make a compelling case right now about how it is a ponzi scheme and worthless so VRA is not unique in this.
3 There are especially concerns in new projects it is the nature of the game, high return will always entail high risk, startups are always high risk do you want the all or nothing or do you want the safe 3% growth, that is a decision you have to make. If you want in early and you want the big gains you have to assume risk. There will be legitimate criticisms of this project at this stage.
Anyway onto my main point, this is not my first rodeo investing in high risk low information markets but my first in crypto.
It might just be me but it seems there is a mass fud campaign going on at the moment maybe it's coordinated maybe it's a lot of people who bought at peak and are now annoyed venting. However I am spotting comments from people that are being repeated that are obviously false and malicious and accounts who are clearly lying spreading fud mixed in among the legitimate concerned people.
If you are a day trader then I don't know what to say good luck shame the price went down nature of the beast I guess.
But if you are a long term holder the only thing that makes any difference is the fundamentals and new information, has any new information come out that makes you doubt the project fundamentals, not noise not people flooding subs but actual concrete fundamental change. What have you learnt with a reasonable level of certainty that should effect whether you buy and sell.
For me I have noticed positive things a big exchange listing with a few smaller more transparency and and the big crypto event coming up in a few weeks where veracity are a main speaker. For me the rest is gossip and means nothing, if it was a good buy 1 month ago it still is now if nothing has changed.
The price is irrelevant right now as it will have no effect on the price when you sell 1 yr or so from now. The price fluctuation is not an indicator of any business metrics as the crypto market is almost all speculation.
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