Hello all,
There's one thing I have ever noticed, after ico the token price dropped drastically could anyone explain why such is happening...
Eg, there are some tokens are I have in my wallet which I want to trade since then till now I have been waiting for the price to come up but instead decreasing. What do I do in this scenario?
Many people ask this question, and understand what to do only later. There are many different strategies. According to statistics, most of the coins that come to the wallet most often after a while are worth nothing. You can immediately sell coins, especially if they came a little, if they are present on the exchange and fix the income in the crypto currency with a large capitalization, for example BTC or ETH. You will wait, in the end there can be kopeks, and together with the commissions even it will be unprofitable to deduce. If a lot of coins, it all depends on the project. I act individually, in some cases it is worth waiting for a good price (at least the level of ICO), and then sell.