Hello everyone!
We all know that the situation with market is not that good as we want it to be. Thus it affects a lot of ICO projects. On the one hand people don't invest in coin so much money as they did last year. On the other bounty hunters sell tokens fast and the price goes very low. That is why some projects prefer list their token on Idex first. They want to see how a coin plays on market.
And what investors should do in such situation? Sell all they have for small money or wait until a token will go up?
I'm asking as a person working in such project. After ICO token price went down (KCY, I'm sure you heard of it). And It is interesting to know investor's opinion about such situation.
What is your idea?
Unfortunately I have experienced this a lot recently in this bear market, I have invested in many ICOs and they're not strong enough to withstand these conditions well.
Personally now my pot is down (fiat value wise) I'm happy to ride it out, I do believe that the market works in cycles as always and crypto will bounce again at some point!!