I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!
Yeah you can somewhat predict how the the price of a token will fall after the campaign ends. First you need to check how much tokens they are distributing for free or through reward system pre ICO. The more free tokens they distribute the lower the price will be since after receiving those free tokens most users end up dumping it. Next, the price depends on how good the project is.
That's more like it and now there is a recognizable pattern for the trajectory of coins and tokens alike after they are released to the public and any discerning eyes can tell that soon after ICOs are over and the coins/tokens become exchangeable, inevitable sell offs would force the price down, but if the project was on a strong footing, the price usually pick up sooner than later.
My take is to always split any fund am willing to invest in any ICO I perceive has some prospect, so to able to buy some more even at cheaper rates after the ICO and then hodl until my target is met.