Post
Topic
Board Altcoin Discussion
Re: Old crypto ways fades away easily
by
ife2020
on 24/03/2020, 11:06:43 UTC
Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts

I think it is wrong to join a bounty just because they have well known advisors, that does not translate to a good product or project.
Also, i think it is wrong to join a bounty because they have an oncoming burn, hbrs token did a swap and a burn and the token has still remained a shit.

Joining a bounty because it is on top exchanges, trading with good volume is a chance i reckon with, and make sure the high volume translate to a very high buy orders daily, else you will earn peanuts.

Neutrally, i think high demands for a token means it is a good product, hence leads to increase in price and value.