Guys if you follow other Ico's you'll see there are tons of morons investing in every project only to sell at a loss on the first day on ED. It's a phenomenon so mysterious it should be investigated by some paranormal research team. I used to think it was basically bountyhunters but lately Ico's are not delivering coins to bountyhunters until some weeks after normal investors, and the result on Ed is the same. We have to take into consideration there is lots of noobs who really dont even know where they're putting their money into and as soon as they see a price drop they run to sell even lower thinking they got scammed, like the guy above, and want to avoid bigger losses. Also lots of noobs expect a x5-x10 the first day and if they see it's not going to work they prefer to sell the same day like headless chicken and throw the money into other "hot¬promising" Ico in search of their instant Lambo...for many of these noobs it will be their path to quick and total annihilation from the cryptospace.
Wiser devils know to wait and accumulate if the chance presents itself on a silver plate
ahh so there is an opportunity for trader to make a good move, take a good example of other ICO (can't said name, someone will mad at me) a week after ICO the price drop 5% or more (this is idiot investor doing as you said above sir) (note that bounty hunter not receive the reward) 2 weeks later distribution of bounty hunter is finished and price drop into 50% from ICO price
when a trader make sure that project will make a good progress, that price after distribution of bounty hunter become a good point to buy tokens, today price is 10% above ICO price..
how about this ICO? will it do the same?
i hope so, will watch it more
