RE: Long Term View: Avoids The Emotional Pitfalls
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Continuing with his thoughts on business Cohen remarked, “Playing it safe is no fun, it’s actually boring.
I totally agree with this point. Great rewards require great risks and venturing into the new horizons. Real safety is in doing research. I've been looking into https://www.cryptomiso.com rankings. They are super helpful when looking at which coins have real devs working and improving the tech. LTC is one of the worst cases of this:
I wrote more here: https://leofinance.io/@d-zero/cryptomiso-guthub-based-cryptocurrency-rankings Couldn't find stats comparison for Hive. I think our devs were using GitLab.
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LTC is a real disappointment. I was a big Charlie Lee fan but the development on there seemed to die off quickly. He was supposedly working on an onchain vault plus doing some privacy features.
Nothing happened after that from what I heard.
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Charlie Lee sold off all of his LTC long time ago in the bull market. There's no incentive for him or anyone else to seriously take development. There's no DAO funding. It's all voluntary work. We have other coins where devs are seriously working on. We won't even feel LTC is gone :)
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Wow, from top 25 list, there are few that I have never heard of them as such. Look like Dev work and market buzz don't go hand to hand.
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That's very important lesson right there. I was super surprised to see which cypto came on top. I was expecting some of them. Others I had barely heard about.
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