This whole CRO fiasco illustrates how misled people are by the HODL mentality

Just go look on the Crytpo_com subreddit and you'll see what I mean, so many people seem to be angry at CDC, saying how they hodled like they were meant to at 0.90 and watched it dump to now, as if they've been treated unfairly as speculators.

The sad truth is that the staking rewards and card rewards CDC were handing out were never gonna be sustainable. Soon enough the [trigger warning] ponzi scheme was gonna come crashing down. CDC is a company in a sector with very little regulation and they were always gonna try make as much of a profit as possible. Does anyone really think they care about the CRO holders? CDC was offloading their bags up at 0.90.

AND THE STAKING REWARDS AREN'T EVEN THE MOST SUSPICIOUS PART.

Kris Marszalek, current CDC CEO also happens to be the former CEO of a company known as Ensogo, a now defunct social commerce website, basically connecting buyers and sellers of unused vouchers and discounts for different things. The company abruptly shut down with Marszalek simultaneously stepping down from his position in 2016, amid allegations of fraud from business partners. And that was before the whole Monaco business even started.

The bottom line here is we in the crypto sphere have gotten too used to promoting fantastical gains and easy financial wins just by HODLing and being a good boy. We romanticize our tokens far too much, understandably though because it represents our wealth, and makes us feel intelligent for "choosing the right one". But for most of the remaining CRO bagholders, CDC chose them. It chose them with the well targeted reddit ads, the insanely aggressive sports marketing, and the allure of it's too-good-to-be-true promises about VISAs and staking. But anyone who questions that is written off as a non-believer, or NGMI.

The ridiculous gains one can potentially realize in crypto make us far too blind to the real monetary risks we're taking betting on unregulated for-profit exchanges peddling false promises, then patting one another on the back for HODLing, especially in these macro-economic conditions. You think CDC announced their staking rate changes a couple of days before the fed rate hike by coincidence? Please, for your own sake, don't HODL and then get angry when you lose money. Question your own convictions and take extra time to really, really learn what it is you're getting into, or the lambo dream will make you lose sight of what you're getting involved in.