Post
Topic
Board Altcoin Discussion
Re: Good projects/hard to reach softcap
by
Omega Weapon
on 13/11/2019, 02:22:21 UTC
Few good projects i have seen are having hard time to gather funds, they are still far behind to reaching their target softcap
1. Bitwings
2. EZ365

What do you have in mind about these two project? they are good enough to give a try for me, what do you say?
I don't know anything about these projects, but I think you need to stick to a simple tactic. Invest after the project overcomes the soft cap.
Sounds like a good idea but doesnt actually work. Ive seen so many project reaching soft cap but have no volume in exchange because they are already draining the demands for their coin in the softcap and people are not buying anymore through the exchanges. It is always those project that struggles to reach softcap and finally reach it with blood and sweat that usually have a hard time gaining big liquidity in the exchange. If you want to know a good project just find that is hyped. Atleast they got the community to support the liquidity.
Many only think about the money an ico raises but they do not realize that if an ico gets too much money then there is no one else to buy the coin and this means a very low volume, so many investors feel trapped in the coin since they cannot do anything else but to hold their coins and if one of the main holders get desperate then he will try to sell his holdings immediately crashing the value of that coin in the process, and for a new project this could a blow from which it never recovers.