Post
Topic
Board Trading Discussion
Re: Why Do People Dump Their Precious Tokens With Ridiculous Low Price
by
cheezcarls
on 13/07/2018, 11:04:16 UTC
As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?

A common reason why they choose to sell their coins or tokens at a ridiculous price is because they just wanted quick money and run. Of course, it’s natural and a part of the game. It is why cryptocurrency is so highly volatile, and prices can be manipulated by these buyers and sellers themselves in any amount they set. Others have sold their tokens or coins at lower prices due to emergency purposes, in which we should understand. At least, it helped them a bit but not in the long run.