Post
Topic
Board Altcoin Discussion
Re: Can an Altcoin below ICO price rise again after falling?
by
liseff3
on 15/08/2018, 23:42:17 UTC
Hello, please I want to know if an altcoin which has fallen below the ICO price can rise again and yield profit.
I have up to 3 coins which has fallen below the ICO price and kinda nervous. Should I SELL or HODL?
It depends on the coin. What is the reason of the fall? If the reason is because no one wants to buy it because it is a shitcoin then there is a low chance that it will rise again and the only possible way is if group of whales will pump it which is also have a small chance because whales don't just invest their money especially if it is a useless and have no potential. Why not just hold it until the market starts to recover? I'm not saying that you should do it but that's the best option you have if you don't need that money right now. Also research about those 3 coins that you have and if there is a continues development then there is a chance but if no one is talking about it anymore then it might be just another altcoin ready to go down on its grave.

I agree with what you say, as we know that altcoin prices vary greatly ranging from $ 0.000001 to $ 289.73. Every coin circulating in the market certainly has a community of both ICO nor altcoin. You've to remember every community's a collection of smart people and they will not put their eggs in one basket, meaning when an increase occurs in one of the coins of course they will sell some of the weak coins and divert them to strengthen one of the coins's in the process of growth. So no wonder if there's a weakening on some other coins like the coins you have.