Post
Topic
Board Altcoin Discussion
Re: High discount in presale
by
cliber
on 21/07/2021, 10:41:59 UTC
Is 75% discount in presale of a project way too high? What do you think will happen to such project giving away too high discount for a presale? Will this cos huge dump or you've seen projects that survives after such massive discount

UPDATE

I meant 75% not $, that was a mistake and thanks for understanding

In my opinion, high or not greatly affects the price of the project, massive discounts do not guarantee the project will last long or vice versa, but this method is still applied to various projects or products, even after they give heavy discounts, the project cannot survive or even failed.

I think this is just a kind of trick to find customers, but staying or not customers really depends on the project developed at a later stage, usually this concept spends a large amount of capital first, after that they will make rules to take back what they have spent.

There is no single project that wants to experience big losses, without careful planning to take a gap to find maximum profit, maybe they spend big capital first, after that they will think of ways to take back their capital and big profits for them.

I think if this benefits us, then continue to do it but if it is detrimental we leave them, because in the business and investment world, no one wants to lose and all they think about is seeking maximum profit.