In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently, tell me i'm wrong
No, you're not wrong. Those are signs of fraudulent projects. there have been many new investors cheated by this model. Greedy people are often trapped by a big discount and we shouldn't be involved in any project with a big discount. The risk is very high.
They even giving 80% discount actually, which they think can attract more investors. Way back 2017 maybe they can still have some investors but nowadays people has been and tired enough doing investing, they know now the reality, they know that those kind of models are likely scam.