Post
Topic
Board Trading Discussion
Re: Why Do People Dump Their Precious Tokens With Ridiculous Low Price
by
Everglow
on 27/08/2018, 17:06:04 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?
Well, it have many reasons. Many peoples set a low stop-loss price, and exchange dumped to match all of that price to "kill stop-loss". Or another is bounty hunter, they just need money and sell with any price.