Post
Topic
Board Altcoin Discussion
Re: Will you buy a token if its price never went up and you could never sell it?
by
Frengki_cisco
on 19/09/2022, 07:01:32 UTC
Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

Will you buy this token?

Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).
I will not buy tokens as you mentioned, our goal is to trade and invest to get profits in buying and selling, if tokens cannot be sold, of course it is not a good idea to consider.

Tokens are always changing all the time there people can get what they want, if the tokens don't move it's not beautiful to play with.