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?
its because leading coins are in the dip, mostly bitcoin. so that investors from different kind of ICO projects decided to dump their coins/tokens at the very start of the listing after the ICO, some other decided to hold, and let dumpers sell all their rewards, in believing that after the dump theres a pump, but not this time, reds/dips are everywhere so if you want to get profits from the rewards you get from the ICO, expect it to hold for more than a year.