Post
Topic
Board Altcoin Discussion
Re: Is it a good idea to sell tokens after listing on exchange?
by
aeternus
on 06/10/2018, 03:32:13 UTC
Hello, everyone!
I want to hear the opinions of traders. Is it a good idea to sell tokens immediately after launching on the exchange so that later, when the price falls, will they be purchased again? Always after the listing on the stock exchange price falls?
I notice that most of the time when tokens are listed on crypto exchanges, it's price is automatically dropping once the airdrop participants and bounty hunters sell their tokens, so for me, it is better to sell immediately so that you can avail the first listing price and you can earn more profits but when the project is so great then it is better to hold for a while or wait for it will be listed on big exchanges.
Most people want to dump their coins and cash out, expecially if they bought in pre-sale at a discounted price
I have always maintained that the idea of giving bonuses to people that invested earlier in the coin is a terrible idea because those people will try to sell as soon as an exchange accepts to trade the coin because they can secure profits of 30% to 40% so they have no reason to hold their coins because they are making profits anyway and that is not good for a long term well being of the project.