Post
Topic
Board Speculation (Altcoins)
Re: RE: WHY MOST FALL IN PRICE SOON AFTER LISTING ON EXCHANGE
by
el kaka22
on 20/07/2018, 16:24:04 UTC
It seem that almost all ICOs that get listed on exchanges usually plunge in price soon afterwards. Are bounty hunters responsible or is it as a result of the general bearish market condition?

Because almost every ICO is selling garbage, what you can do with their shitcoin? Nothing but speculate, it needs a real use case to grow their price if not the case don't expect to get gold selling dust
It is not all of them that are selling garbage, lol. A lot of them have their products, great team and possible long term development as time goes on. Market is just what it is and investors these days are so fast trying to make profits as fast as possible. This brings me down to the huge bonus being given to most investors when they do invest, as a whale given a huge bonus can easily just pick the bonus and dump whenever he feels like.

There were many exceptions I have experienced with some coins which did not get dumped after listing as devs made many promises to live. When a coin keeps attracting new investors then there will be lesser chances for getting dumped once it get listed.