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Topic: Dump is not always a good idea (Read 1596 times)

legendary
Activity: 1736
Merit: 1000
Truly decentralized stable asset
July 03, 2019, 07:44:08 AM
You are right. Dump is not always a good idea especially when the project is good. I think you need to hold it and wait for sometime in order not to lose
dump is good only when you are not in position. then if a dump happens you get the opportunity to buy the tokens of that project which  you did not have time to enter
From a trading perspective, it creates more opportunities for buyers but sellers are forced to put lower ask orders in order to sell as fast as possible. Buyers are happy with cheap price that provides more buying power for them. Flash crash is also a continuation pattern of over dumping of a particular cryptocurrency.
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
July 03, 2019, 10:18:38 AM
It's never a good idea in my own opinion to dump coins with prospect at very cheap prices during dip, patience is golden in this situation. Every good coin has its own day to rise in price especially with a good news/update.  I only dump at low rates when I lose confidence in the project or when there is exit scam cases.  Aside that, I am usually patient because it's essential in this space. 
sr. member
Activity: 952
Merit: 308
July 03, 2019, 09:27:01 AM
A strong reason why bounty hunters sell gift tokens directly for fear that prices will drop if they hold back too long, but sometimes surprises at the market no one knows, of which there is a 10x increase in price.the point is that all considerations have been made, not to be regretted  Cheesy

Yes right, there will be many opportunities for dumps from several bounties rather than pumps. Maybe there will only be a few projects that will end up like GoWithMe, so I won't regret if I throw the token at the beginning, it's the right choice.
sr. member
Activity: 1694
Merit: 299
July 03, 2019, 07:37:06 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
There's nothing like that, all these people are just trying to save themselves from being the ones that are going to suffer from the dump. Maybe you have never experienced that before, you worked hard to get a coin and next before you get to know what's happening, everyone has dumped the coin and you're now the one suffering the consequences. When you work and get paid your tokens and to you it seems like the coin is not going to do well, then you're free to switch to another coin you believe that is going to be what you are looking for. If you think Bitcoin is the best, then you should go for it.
full member
Activity: 368
Merit: 107
July 01, 2019, 02:05:10 PM
Investments do not investigate the possibility of losses. Teammate tried to develop the project as much as possible. But without knowing the bounty hunter, start working to understand it. And as the token came into the market, bounty hunter started dumping the market. They do not think how much it is worth?
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These are the guys who have the surplus value right now which means that you should not dump the best projects.
It is also possible to dump or scam the market.
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At that time, when the price goes up, there is a lot of potential ICO project launching and the market will be crowded.
hero member
Activity: 1092
Merit: 501
July 01, 2019, 11:49:18 AM
You are right. Dump is not always a good idea especially when the project is good. I think you need to hold it and wait for sometime in order not to lose
I remember how people started dumping their Bitcoins when the market value started declining back in early 2019. There had been a huge buzz about the end of Bitcoin back then that it is the end of the coin. However there had been some people who kept their trust in the coin and stayed in the market. These are the guys who have the surplus value right now which means that you should not dump the best projects.
sr. member
Activity: 434
Merit: 250
June 30, 2019, 01:10:27 PM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

The dump is always not a good idea in my opinion, but I think the cryptocurrency market will grow and rise in the next month. At that time, when the price goes up, there is a lot of potential ICO project launching and the market will be crowded.
member
Activity: 350
Merit: 12
June 30, 2019, 01:04:43 PM
You're right! Immediately selling coins received from bounty companies is not always the best solution! I had a similar situation with the tokens of the pundi X project. I held them for a long time because I believed in the project, but I sold them because the price was constantly down, and a week later , the coin has grown 10 times.
member
Activity: 250
Merit: 10
June 30, 2019, 01:04:27 PM
I belong to people who have never been lucky in a down market position. because when the market goes down, I often get caught in buying assets and then the price drops. it made me have to be forced to wait for assets to increase. fortunately, some assets are not too long below this year, the market is moving fast.
sr. member
Activity: 882
Merit: 269
June 30, 2019, 01:00:39 PM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
I am regretting holding some tokens for long. Some of the tokens I got from bounty may not ever recover gain and I could have dumped them in the market then for few dollars. There are some tokens you can hold after listed in the market because of the products but most of them are really not doing well.
full member
Activity: 1050
Merit: 108
June 30, 2019, 12:50:31 PM
A strong reason why bounty hunters sell gift tokens directly for fear that prices will drop if they hold back too long, but sometimes surprises at the market no one knows, of which there is a 10x increase in price.the point is that all considerations have been made, not to be regretted  Cheesy
copper member
Activity: 714
Merit: 5
June 30, 2019, 11:19:15 AM
Think of the opposite case, I kept a lot of bonus campaign tokens, but then their value dropped many times.
member
Activity: 308
Merit: 10
June 30, 2019, 10:00:15 AM
lol, just try to understand.
more than 90% of projects would never reach ICO price. It is good when they are /2, but usually, they are /5-/10 from selling price.
when you have 50-100$ guaranteed profit, why not to sell? I would sell
hero member
Activity: 994
Merit: 502
June 30, 2019, 09:45:59 AM
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already
Of course, always dump the rewards is not the best idea. Personally, I try to take part only in the bounty campaigns of good projects. Therefore, I don't need to rapidly sell their tokens.
sr. member
Activity: 406
Merit: 250
June 30, 2019, 09:34:05 AM
I keep my coins always until the last and only then when I see that there is no way back.  I take off and it happens very rarely often I hold long-term investments and do not panic when Dump.
copper member
Activity: 994
Merit: 4
June 30, 2019, 09:20:11 AM
For some projects without use case, it is better You dump and move ahead and also to free your wallet but when you are holding good tokens even with the dip,  you will never be moved to dump rather you will even want to accumulate more and wait for green movement.  Dumping has never been good it only causes regret.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
June 30, 2019, 08:13:23 AM
You are right. Dump is not always a good idea especially when the project is good. I think you need to hold it and wait for sometime in order not to lose
dump is good only when you are not in position. then if a dump happens you get the opportunity to buy the tokens of that project which  you did not have time to enter
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
June 30, 2019, 07:31:49 AM
You are right. Dump is not always a good idea especially when the project is good. I think you need to hold it and wait for sometime in order not to lose
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
June 30, 2019, 06:35:24 AM
I think people who can get free tokens or coins will not think about that is a good idea or not because they only want to make money from the coins and they will directly sell their token if they can see the price reaches the highest price. After that, usually, they will leave the market for a while and not comeback if the price does not reach the low price. Some of them will comeback and buy another amount that will bigger than they have but that if only the project were very good to grow in the future.
sr. member
Activity: 644
Merit: 250
June 30, 2019, 05:58:39 AM
In this case, I would advise you to sell your coins in turn, not to fold everything at once, but sell them one by one.  So you will see whether to sell subsequent coins.
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