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Topic: I have 2 questions that bother me - page 3. (Read 355 times)

legendary
Activity: 1596
Merit: 1288
May 05, 2023, 08:03:39 PM
#11
1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing

The currency team estimates the listing price, which is often low. After the listing is completed, the people who got the price before listing will try to sell their currencies here. The required liquidity will determine the price of token. If there is more demand than supply, the price will increase and vice versa.

manipulation can happen here where the currency team or anyone, with amounts such as a million dollars, can pump the price of the currency and thus create a false demand that brings more people out of greed, and suddenly you lose all your money.

2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?
It's the worst time for you to buy because it's when the whales move in to make their greedy instincts go up and you lose a lot.

If you got that token for free or because you performed a service such as participating in the bounty, then sell half of it after listing and the second half after 3 days, otherwise do not invest.


hero member
Activity: 1022
Merit: 667
Top Crypto Casino
May 05, 2023, 04:18:58 PM
#10
1. There's no one answer to this as there's different models of token pre-selling. Some do first-come, first-served, some do it with a static price, etc. I'm not sure how Binance usually does it because I never joined a presale on their platform.

2. Sometimes it is, sometimes it isn't. It will totally depend on valuations.
When the team do the pre-sale themselves, their offers first come first serve percentage quantity buying and also give those early investors a lot of bonuses as early adopters, while the price of the token/coin at pre-sale changes at different stages of the token sale up until the closing of token sell period which places a token price about 30% less to it exchange listing price.

The team have the sole right to set the tokens listing price,  and the exchange have little role to perform in that since the token teams are the one providing the liquidity for the token on the exchange,  and even in the situation of price pump, the team supply the liquidity, not the exchange.
member
Activity: 1165
Merit: 78
May 05, 2023, 04:06:47 PM
#9
Hi everyone,


1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing

2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?

Thanks for clarifying.
There are various things that depend on the token price at launch. The team's dedication, influence marketing, the project's fundamental concept, potential, listing on liquidity provider exchange, and slam everything with some hype.
This is all the exact thing the team involved in the SUI token did and if the project didn't have the needed longevity trust me all the bullish will end in the next market correction. If you can take risk you can take the risk of quick buy and sell but I will advise you not to go for crypto if you're not sure about its future position in the market for quick profit instead invest in BTC.
sr. member
Activity: 2422
Merit: 357
May 05, 2023, 03:49:38 PM
#8
Hi everyone,


1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing

2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?

Thanks for clarifying.
The price will always depend on the demand and supply, if there’s a good demand during the launching or listing, then you can expect a good price but at you can see, the usual trend during listing is that, the price will dump because many will take profit especially those who are able to buy on pre-sale.

If you are not able to buy during pre-sale, better not to rush buying it during the listing, its ok to wait for a week for the price to stabilize, and with SUI right now, its pretty cheap compare to its ATH hence a great time to accumulate.
hero member
Activity: 938
Merit: 552
May 05, 2023, 03:25:55 PM
#7
Hi everyone,


1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing

2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?

Thanks for clarifying.

I'm going to answer your question the in according to the numbers:

1. Nobody determine the price of a token launch, it all depends on the demand and supply of the token but ofcourse, there is a listing price especially when there is a presale, seed sales for venture capitals and also public sale. The price in which this tokens are sold to investor before listing them vary because of allocations and also priority and when they plan to go public listen, they make sure it doesn't go below the public which is always slightly higher than other sales. When the token are been distributed, not everyone get the opportunity to buy before listing, so traders fomo to buy as soon as it get listed and that is how the price pump and the demand and supply determine how far the price will go. SUI for example was sold for whitelisted investors for $0.03 and initial exchange offering for $0.1 and it is now trading at $1.29.

2. It depends on how long you plan to hold, if you buy when a token is listed, there is usually short term pump if they are IEO conducted tokens and also in bull market, it is advisable but don't try it during bear market, most traders sell quickly as soon as they make some profit.
full member
Activity: 1092
Merit: 227
May 05, 2023, 03:10:47 PM
#6
There are numerous factors actually. I have observed the intensity of social marketing, airdrops, third party site publications and most importantly the % participant in the ICO sales. Now the last factor is bit tricky. In case of social marketing you can understand the analytics however, in case of ICO sales, the figures could be misleading. They are not indicative of real value. For example, owners/founders could deceive the investors by sending their own money from various addresses and thus doing an insider job to create a fake demand in the market.

Since we put the anonymous thing next inline when it comes to the crypto investments, we are doomed by it's usage during investments such as above one.

Such fake shit can hamper the coin's value at alarming rate during the listing. Moreover, it also depends on which exchanger it is going to list. Usually I have seen well known exchangers will create a hype before few days of listing some coins. Peeps actually start investing during that period as well considering its getting listed on popular exchanger.

These are most common factors but not limited to this one.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
May 05, 2023, 03:07:38 PM
#5
Hi everyone,


1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing

Well, when tokens are first released, some projects decide to do a pre-sale in different forms, such as an ICO (initial coin offering), an IEO (initial exchange offering), or an IDO (initial dex offering), and the core project team is always responsible for the price they decide to sell at during their presales. Also, the project owners could decide to list their token at $1, but after listing at the mentioned price and the token seems to have a lot of exposure, or should I say a lot of waiting investors waiting to pump in money and buy the token, the price could move from the $1 listing price to $2.5 or more (immediately after it gets listed or after some times). But if the token has no much exposure, and perhaps there are a lot of early investors already who have bought from the ICO or even some people who earn the token for free, they may be waiting for the day the token will get listed so that they can sell, so perhaps if the token also gets listed at $1 each, and let's say there are a lot of people ready to sell compared to just a few numbers willing to buy, the price of the token will crash from $1 to $0.Whatever.

So if a token was sold for a few cents during the pre-sale, then after it got listed on Binance or some tire one exchange, the price spiked, definitely because there were more people buying the token and also because there was enough liquidity for as many investors who were selling the token.

Quote
2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?

Thanks for clarifying.

This is a decision you need to make for yourself. I have tried it before, but I was unlucky because it did not favor me. I spent $300 to buy a token immediately after it got listed, and for some time the price was fluctuating until it kept going down. I was so impatient because I was really losing money on that investment, so I sold at a loss. I lost about $100. (Although I made a profit of about $50 but I guess I was expecting more, so I still wait until I lost it and also lost about $100+ of my capital).
hero member
Activity: 3038
Merit: 617
May 05, 2023, 02:31:18 PM
#4

Whenever the market opens and there is a buy order, the price of that buy order is also the current price. I think it's not up to someone but the market determines the price.

If the price is pumping, I don't see any wrong in buying as long as you can also dump when it's necessary also. Tokens that are launched in the bull run season usually pump, it should be good.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
May 05, 2023, 02:17:53 PM
#3
1. There's no one answer to this as there's different models of token pre-selling. Some do first-come, first-served, some do it with a static price, etc. I'm not sure how Binance usually does it because I never joined a presale on their platform.

2. Sometimes it is, sometimes it isn't. It will totally depend on valuations.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 05, 2023, 02:07:25 PM
#2
Hi everyone,


1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing

2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?

Thanks for clarifying.
1. Whatever is the total amount that they've collected before launching calculated with its supply then that determines its price. But I could be wrong on this one so CMIIW.

2. Well, most of these investors before the launching they all one got big plan and goal and that's to sell and dump it as soon as it's listed on any exchange where it will be headed. That's why, if you're quite late on this one, you may not be able to profit.

But if you've missed the price before the launching and you're probably hyped in by its current situation, you may want to continue observing it before buying.
member
Activity: 75
Merit: 21
May 05, 2023, 01:45:48 PM
#1
Hi everyone,


1/ Who determines the price of a token at launch?
For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing

2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?

Thanks for clarifying.
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