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?
The market right now is flat and will likely stay range bound until the next big bitcoin halving and the year after that... so usually the market surges about a year after the bitcoin halving. Maybe there could be some other event with Ethereum or some other big coin to change that but so far things are locked into what happens with bitcoin.
You just have to wait. As long as the ICO you invested in is good then there is nothing to worry about. A lot of ICO and various coin projects are undervalued right now and that's just the market. Then again, a lot of ICO and coin projects also have ZERO value with no product, service, use case, etc and have more value than they ever should have to begin with.