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?
The best thing to do during this kind of situation is to hodl. Panicking won't help us make the right decisions but might just lead us to uncertain circumstances. It is better to hodl and wait for the best time to sell if you would want to maximize your gain rather than selling during this dip.
But for the up and down trend of tokens or cryptocurrency is normal. Because the cryptoworld has a downtrend and all the red tokens panic and I think it's about how long your patience is. I truly believe that cryptoworld and the market will soon recover.