Ninjastic
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Topic
Board Speculation (Altcoins)
Re: Why price down after listing in exchanges
by
artdor
on 10/10/2019, 19:16:20 UTC
Quote from: liuqi on October 10, 2019, 06:42:11 PM
Quote from: artdor on October 10, 2019, 05:55:07 PM
Quote from: Spaffin on October 04, 2019, 04:06:33 PM
It seems to me that the price drop after the listing is due to the fact that no one believes in the value of coins in the future, since every investor, as well as the Bounty Hunter, only plans to make money on a certain project, and few people worry about the future of this company.  Recently, a lot of companies have announced that their tokens that they issued do not have a practical purpose.  Therefore, everyone is trying to get rid of these coins as soon as possible.
In fact, a drop in prices occurs because there are more sellers than buyers. Who sells in such cases? As a rule, these are bountists, airdroppers, as well as large holders. Usually usually bought by other traders and the exchange.

Actually at the time of listing you will find more number of buying than selling. Investors are huge in numbers at the time of sale but when it is getting listed you will find buyers in very less numbers.

So if you are wise, please sell the tokens as soon as possible to make returns in a proper way.
It’s too late to sell anything. I became a holder. Now my altcoins are worth a penny, most likely they will all die and I will never get rid of them. It is unfortunate that at the time of 2018 I did not understand this.