Post
Topic
Board Marketplace (Altcoins)
Re: Profit from CryptoCurrency
by
Fatunad
on 31/03/2018, 17:59:06 UTC
How cryptoCurrency creators make money out of it?



I make 250 Million coins and Keep 100 Million for myself, while I give away some and sell the some. Then later I sell my 100 Million coins!
Pretty much was going to say the same.  Many coins you will see there is a premine so they have already mined some coins for themselves and call this a dev fund or something along those lines, many times with the more dodgy coins it is just a way for them to wait until the price is nice enough and then they can cash out their premine.
Dodgy and quiet shady for this team this is why its important for us investors to always seek out on the tokens being kept or premined. It should really be only on small percentage for them to be left.When they are keeping huge token numbers then better not to invest because price manipulation and price dump will be on higher risk.This is what i dont like on such partition. Always seek out or keep an eye on premine things and developer funds.