What are your thoughts on Algo as an investment?

I bought a bunch of Algo a few months ago. DCA’d a bit since then just because the price has plummeted.

As far as utility, I think this project has a ton of potential. It’s quick and has very low fees. I got more into ETH and BTC after Algo, and I’m shocked at how antiquated they feel comparably.

However, as an investment it’s been terrible and I think it will be for sometime. They are constantly pumping more coins into the economy and do so at a faster pace as the price rises. Even with the rewards they pay, I can’t see actually making any money here until they release the majority of the tokens.

I had to leave the two main Algorand subs because they blindly follow this project and are in complete denial about the downsides of this as an investment. They justify losing money as a “long term hold”, but to me it just makes sense to buy this in a few years if you actually believe in it since they are suppressing the price.