Post
Topic
Board Altcoin Discussion
Re: Don't just hold your altcoins for a long time!
by
Ethereums
on 29/02/2020, 04:24:32 UTC
when it comes to alt, its always made me not satisfied with their price. Especially new coin or token, being pumped and dumped always been something i 've always seen. Not too long ago, I ve tried to join a bounty which takes about 1 month to get their token. And like i said before, they were pumped at IEO and now after airdrop distribution, they get dumped at their own market.
It so ironically when some dev try to pull investors at IEO and after IEO and those airdrop just dumped their coin like there's no chance those token will be rise from that IEO level price. Since it like that, now people who are investors need to jump in to follow their dev channel and bounty too. Since they can choose wisely how much risk they will take if they investing in those new token or coin at IEO.
So for my advice is u cant hold new alt for sure if there's no innovation in it. If u just wanna be part of their token just follow their bounty and no need to invest on those things.