We can't deny that if you say it personally, of course you want profits. Moreover, this is similar to things in Real Life, namely making a profit.
However, technology is also one of the considerations that must be analyzed. Moreover, when we expect profits, where do the profits come from? This is why it is important for us to analyze projects that have high potential. One of them is seen from the technology.
However, this is not the only factor because there are other factors.
I do not deny the importance of technology because crypto operates on blockchain technology and many Layer-1 and Layer-2 blockchains are gaining more users thanks to good technology such as Bitcoin, Avalanche, Arbitrum.
However, as I said: in many cases, technology is just a tool to communicate and support token prices. Good technology does not mean token prices will be very high. Token price depends on investors' buying and selling behavior, buying and selling behavior comes from their psychology. If they believe in the token's future price increase, they will buy, and vice versa.
I have only stated some facts that happen in this and any other industry. In all sectors there are people who only invest for money, which seems totally legitimate to me.
The participation of profit-focused investors is an important part of every market, even in stock and commodity markets. Their trading activities create good liquidity and help the market operate more efficiently.
We participate in the crypto market also for profit from trading, mining, money transfer..., although some are really interested in the development and application of blockchain technology in future.
What you have informed me is very true because when you want to invest in a project, you have to do research first to see who is behind it. Of course, the product being developed is in high demand and will be widely used by people or not, because so far there are only a few projects. which is successful because it has a very useful product.
Yeah, the law of supply and demand determines the token price. If demand is greater than supply, the token price will be very well supported! And demand depends on many factors: technology, investors, liquidity, media, price increase potential...
Investors need to consider many factors when deciding to invest in a token, and sometimes the strength of technology can confuse them, such as EOS holders.