Post
Topic
Board Altcoin Discussion
Re: Is it good strategy to buy tokens at low price directly after ICO?
by
South Park
on 19/10/2018, 21:37:30 UTC
Hello
You know that most of ICOs lose their token price directly after token distribution. Sometimes it happens through bounty hunters, sometimes for other reasons... So the question is as follows: Is it good strategy to buy tokens at low price directly after ICO?
That is a difficult question, the market is not being very favourable to icos so even if that strategy may seem profitable because you are buying coins at a price that is below the ico level that is not going to guarantee you that you are going to get any profits because as we know there are many projects in the market and most of them seem scams or derivative projects with nothing new to offer.