Post
Topic
Board Altcoin Discussion
Re: High discount in presale
by
Kimonoe
on 21/07/2021, 14:23:54 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


yes it's a very high discount, if I find a discount on presale as much as 75% then I won't be tempted to buy it. I'm afraid the price of the coin will be very cheap if it is already on the exchange and it could be a scam, we have to be careful with projects that give 75% discount at the time of presale.
The very big discount aims to attract investors to join, but by selling the discount it is certainly worrying for the development of the project, where rarely projects with good quality give big discounts, of course they will make the coin valuable. therefore we must be careful when we find a discount like this, it could be that later the project is a scam