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?
Well for me the best and effective wait once that the token goes down is to hold it firmly because once you sell it immediately it will give you less profit or even you get lose with that situation but if you will hold it firmly there is a big tendency that it will rise again and recover from its lose you just need to have more patience in waiting.
Yes to me I think that that if the price has already gone lower then there is no use to sell your token, you should try to hold your bitcoin and not to sell it, I am hopeful that very soon all the cryptos currencies prices will start increasing and will soon reach to their previous highest price.