Waves: Repeated Hacks Have Eroded My Trust — Time to Exit
I'm holding only because there's money at stake; otherwise I consider the Waves ecosystem little more than fraud.
I've observed repeated hacks and security incidents that have eroded my trust in the project and its teams.
Until there are independent audits, clear fixes and better governance, I wouldn't add to my position.
Analysis
I see material downside risk from repeated security breaches and reputational damage; these issues reduce the project's upside and increase tail risk for current holders.
Recommendation
I'm recommending reducing or exiting exposure and avoiding new buys until independent security audits and governance improvements are clearly demonstrated.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.