Post
Topic
Board Altcoin Discussion
Re: How it works?
by
Yakamoto
on 23/06/2018, 19:22:22 UTC
Seeing how many projects that conduct ICO are listed in Exchange at lower prices than it was stated during the ICO, investors continue to invest in projects.
Why are they still doing this?
I'm not talking about scammers...
Sorry for my English.

For some reason there are a ton of people that are willing to sell cheap as soon as the tokens from an ICO get released, don't ask me as to why that always seems to happen. It's pretty ridiculous at this point when you consider that most ICO investors should expect this to happen, especially when it's a project with nearly no backing use for it beyond being a token. Shitcoins just can't survive on the market anymore, in most cases. Some ICOs do well, and hopefully FanChain does well as well since it seems like a legitimately good project.