Post
Topic
Board Altcoin Discussion
Re: Will you buy a token if its price never went up and you could never sell it?
by
topman21
on 19/09/2022, 20:38:32 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).
Coins which have no value and no popularity among people and no trading in the market so why should I waste my money buying all these coins?There is no question that I wasted my money buying such coins.No one will agree to buy these unpopular and unmarketed coins, not me.People prefer the coin that has the highest volume and popularity in the entire coin market.