All crypto subs are serious echo chambers, but the second biggest one is starting to show signs of collapse.
Over the past few weeks, the members of the Loopring sub have been building towards a full scale riot against their leaders. It is now all but impossible to even ask questions in the loopring as this user has identified. A quick visit to the sub will reveal a pattern of unanswered questions being heavily downvoted, while an enormous campaign to label any negative perceptions as FUD.
It seems like there may be something else at play. Perhaps there are large holders of the project involved trying to keep others silent. It appears nobody can ask questions or get clarification on concerns. The majority of the questions centre on the future and utility of the project - all justifiable concerns of investors.
The sad fact is that, in crypto, whenever any concerns are raised or immediately labelled as FUD, there is almost no chance it ever returns to its previous highs. Essentially, there is a perfect correlation to the silencing of critics to the end of a project.
Actions speak louder than words, and in crypto, silence is the loudest voice of all. If you are in a project where it is essentially impossible to ask questions or get answers, then that is a massive red flag to get out as soon as possible. You might be selling at a loss, but holding is almost always the worst possible option. “Hope” is not an investment strategy.
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