Post
Topic
Board Altcoin Discussion
Re: Bounty hunters hurting themselves?
by
fasdorcas
on 28/09/2018, 12:44:14 UTC
I believe it is not bounty hunters who dump token price, as after the bounty has finished, they hold only small amount of pool. Their people are investors who get tokens in pre-sale for a very cheap price.

Bounty hunters will always just remain the smaller part of the puzzle and the bigger investors will always have the part to play when it comes to driving the price lower. Actually, this is because they are mostly after the little percentage that is available with some of the gullible bounty hunters who are weak hands as they tend to dump at a very low price since a whole lot of them usually do not take their time out to even know the ICO price in the first place, and for the fact that this is a bear market, it makes it so easy for whales to achieve, so in a way, anyone who is selling lower than ICO price is actually dumb and hurting him or herself.