Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.
Your point of view?
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.
Your point of view?
Sometimes if the price is lower then the ICO price, those who have already bought might buy even more until the price is back to the ICO price, then they have massive stashed of coins as well.
Sometimes by then the project loses interest to some but if you hold you might come off with a profit. I prefer to wait for dor an ICO to end and hit the exchange before I buy-in.