Hello all,
There's one thing I have ever noticed, after ico the token price dropped drastically could anyone explain why such is happening...
Eg, there are some tokens are I have in my wallet which I want to trade since then till now I have been waiting for the price to come up but instead decreasing. What do I do in this scenario?
I guess it depends - honestly, the market has been bearish since the beginning of this year. Thinking back late last year around December when Bitcoin reached the new all-time high of $20k, all the other altcoins were following and reaching new highs. Then- a bear market began and all coins declined including ICO tokens which went below the ICO price. However, we all know that it's how the market goes, prices will always rise and fall. Just wait until the next bull so that you can proceed with your day trades. Personal advice is to hold during times like these ones or accumulate more.