Post
Topic
Board Altcoin Discussion
Re: High discount in presale
by
uelque
on 28/11/2021, 10:52:05 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

Well, what normally happens on most presales where I participated no matter what the discount during presale is that presalers usually sell when they gain profit. So what usually happens is that after some time price will eventually drop and that's normal. If you have ever bought some coins/tokens during the presale, and then the presalers dump, that's fine, as long as the project is a legitimate one. You can also add some in your bags and be thankful for the discount. Investing especially in projects with long term roadmap and unique utility are always worth holding. So don't stress yourself to much about what will happen a day after the presale.