Topic: If a token keeps falling, how to save it - page 2. (Read 390 times)

You need to build a strong, solid community and investors to back your coin to your desired trend. I usually saw this kind of thing in pre-market trades where tokens struggle to go up some of them might fail and few will hold on until success but that's not that easy. Just do your thing and build trust with investors.

Exactly, if you are the owner and you think the project you created is something that can be useful then you will try all your resources to attract investors to support your project.

The life of the coin is in you, finding what is best will begin at you and it's true that most of those developers resort their way in burning the token
and bring more exposures,

as long as you believe that there's a good use of token you must do whatever way you have to continue the progress
and deliver what you wrote inside the road map.

If you are the developer or at least involved in a big role like CEO, most likely I will like,

>> hire a marketing team to promote your project
>> have bounty or signature campaign here
>> hire crypto influencer
>> be active in your social media account, it should be official and make the announcement
>> of course, developed it more to cater for crypto enthusiast and see value in the project itself

And it just shows that it's easy to create a project, but to maintain it and have the necessary support or consensus of the community? it's going to be very hard.

Depends on the purpose but if I am the creator of it, I want it to stay for a long and everyone will be able to use it. So, going back to basics it includes the fulfillment of what's written in the road map, white paper, and as well as with marketing on its side.

From what I have seen with other developers, if their project is in danger. What they're doing is burning a lot of its supply, going on with partnerships and having more exposure through media so that many will see what their project is.

And going back to myself being an owner of it, well, I don't know if I'll be able to fulfill all of that. It's not easy at all to get into these projects and have yourself get an headache on maintaining and promoting it.

creat a token with a use case that fit to the need of the people, because if your tokens is useful the demand will increase and it will make the price rise and not to fall. For example is the play to earn gaming projects many young people are now involved in different gaming apps they are addicted to play on it because they will earn while doing games it fits the new generation with new technology including laptop and cellphones this type of project will surely become profitable depending on how you develope and do marketing strategy.

This question is not appropriate here because most people here are just investors, no one here is a project developer. Not to mention, the investor's purpose and the developer's purpose are completely different. If you are really serious about your project then obviously what you are looking for is a long-term strategy and making your project popular and widely used. But for the investors here who just want to make money quickly and will leave the project after making a profit, no one wants to stay long or support the development of the project to the end. And you can't blame people for this either because everyone knows that besides bitcoin, there is no reliable project for long-term investment in this market. So I don't think you will find the answer you need here.

I'm not advising you to abandon your project, but what I see is that developers will abandon their project and create a new one, and that's what often happens in the market. And that is also the reason why investors often do not have great faith in altcoin projects.

The price of every token is controlled by the buy and selling, so my first step would be to increase the number of those who would believe in the project then have the choice of investing in them which means I have to make things about the project more appreciated by investors especially to those who will invest very hugely. Burning and locking up of some percentage of the total supply will be an interesting way to sustain a good project with enough potential.

depends on which coin if you make a coin that presents product, you should be better working on it to be better, present more feature or innovation even the gimmicky ones for example if you make a interoperability protocol like layerzero then you just do what the competition can't do.
if you are making shitcoin or meme coin in general on the other hand, well most of these coins just gonna fail anyway, without the support of big famous figure your shitcoin probably gonna stay shit coin.

however, most of the new token that are being launched right now usually seeks partnership, its the thing that's most important these days you try to get seed funding and get to know some of the potential future partner for your project like for example you can always try to work with the big exchange, most of the new token i know always trying to get their coin listed at the cost of allocating certain percent of total supply for launchpool in various exchange that way they can get the benefit of exposure to the billions of capital available in the market so their project can thrive.

however only really small amount of project could do that, of course it requires competency, connection and good background that made up the team, the people who invests aren't playing around when it comes to investing. the situation of nowaday is really different to back then where marketing can helps your project being known by people.
right now people prefers legitimacy, if a project having partnership with the big player they'd almost instantly recognize the project as a legitimate and if you observe the market carefully you can easily figure out that most of the coin that reached hundred of millions dollar market cap if not more are the project that got partnership and get big seed funding.

even if your token is already launched and already on the exchange but keeps failing i think having partnership is still the way to go.

perhaps by promoting re-coins, so that they are better known by the public, improving coin education for beginners, and perhaps the last way is by burning coins to reduce circulation and see a reduction in sulpay, because by burning investors are usually attracted to making investments,

Encourage sounds like we are trying hard. IDK but I have a negative feeling with this one. For me, I think I will just promote it the normal and humble way, as I think that is the one that makes people to like it. Each people has their own liking but since we are in crypto, I think yeah that people will like it more if our coin has a good level of decentralization.

This should be the main base of it and then the rest will be, if what it offers or use case. If the coin is centralized, then it can have those features you mentioned there. They only have that, so that they still can attract people to invest on them. A lot of scam projects are also from this category, so we must be careful, especially if we are going to stake them.

As an investor, it is not your job to save a coin or token. You might be told early in life, or at least when you get into a job environment that is related to it - never try to catch a falling knife, as you are likely to hurt yourself in the process. Let it fall and then you can decide what to do afterwards. If you are the creator of the coin with some sort of end objective, then cashing out should be part of your plan because you ultimately need to convert into fiat currency to eat. However you must identify some sort of unique selling point, otherwise it is liable to get swamped by all the other cookie cutter clones out there. Do not be ashamed to abandon weak projects and move on to something else is good entrepreneurial advice.

To be fair I do not think that there is much to save a token from falling if it's gone too low. The thing about tokens is that people usually hype them up and go high, which is lovely but when something starts to fall, people leave and pick something else, they do not go back and keep checking their old token, if they sell and leave then they sell and leave, there is nothing that would make them do anything else.

I think it is quite obvious that we are going to make some money from this situation and that is why I believe that the best thing to do would be realizing that we are going to be doing fine with it. I get that we are going to end up with something that should be easy to fix if we could just not fall at the first place and just try to keep staying high.

If you are the dev/creator and you have those question on why your coin is going down? Then it would really be having that possible ff reasons;

1. Lack of marketing
2. Lack of Hype
3. Lack of demand of the community
4. Snipers
5. FUD

If you have done everything like having those burning or renounced contract. You dont have so much coins in hold but still the price is dumping then
this is something which is really that very hard to be controlled on, because it will really be not something that you can be able to stop or could be able to alter.
If your coin wont really be getting that much traction and been dumped down specially with those snipers then there's nothing you can do
not unless if there would be some whales that will be able to revive it out.

As a dev, active marketing and other further developments would be something that you would be need to showcase on. You might be able to
hook up that community interest but of course its not something that would be a guarantee.

I will look for a means to finance it and quickly get more investors to invest and maintain the market running, because the more people are taking off their investment on it the lower its value becomes as well as its chances for survival, after this, then i will try introduce more marketing strategies and if possible, engage more exchange listing on the token, all these could help increase its market potential for increasing more for better performance.

If you are the creator of the token, here's what you should do,

1. Burn a large amount of supply to create scarcity.
2. Run marketing campaigns. You should already have a budget for this.
3. Offer buy back from the end users at a pre-decided price to reduce supply. However, be very careful here and ensure to add a minimum holding period criteria before the coin becomes eligible for buy back.
4. Work on getting your token listed on more reputable exchanges to increase liquidity and accessibility.
5. Offer incentives for community engagement such as staking rewards, airdrops, or participation in other activities suitable to your need.

Hope this helps!

I think this topic is very specific to the discussion in the altcoin thread.

You must clarify the description in the topic created because the discussion above is very general so we cannot provide the right solution. If you hold top tokens then it is wise to keep holding them until the token price can recover to a higher price, but you must ensure every update on the media social x and telegram, because the risk of holding tokens can result in a scam at any time when some professional users check the details of the project development flow and there is a change in the token address that is detrimental to investors.

To save your token from falling to the bottom is to give people a reason to invest in it, so you have to restrategize your marketing skills, get more people to know about it and you can do this by putting it on social media, get influencers to hype it. You also need to increase your community base, motivate them to give positive feedback about the project, from there on investors can be attracted to your token. Cryptocurrency follows the economic principle of demand and supply, so you should focus on any feasible strategy that can increase the demand of your token for it to remain relevant in the crypto market.

I think if there is an initiative like yours, the growth of this coin will be very fast. In fact, this is what the holders need and need, where a sense of confidence in the development and growth of their investments will quickly produce results. It would be a shame if we came to buy their products if there was no development initiative..

To be able to burn 50% of the tokens, you need to spend a huge amount of money to buy back the amount of tokens circulating on the market , and no project has done this before.
I remember after Luna was dumped, Dokwon came up with a solution, instead of buying back a large number of tokens, they continued to print more tokens to continue selling to the market to collect a large amount of money   . Buying back tokens and burning them is not as easy as you say.

To do this , in addition to needing money, you will also need a lot of time and effort .


And to do all this you need a huge amount of money and I don't think anyone will spend that amount of money to save the project but there are no guarantees . What I see with altcoin projects today is that they will change their name , change their charts ,  or worse, they will abandon the project and create another one .

Of course it will be better marketing strategies. Competition is always expected and your role as project manager or owner is to create your own edge over other projects on the same line. You could maximize different social media platforms, check on what's on trend, and more. If you are really eager to save your project you have to be consistent of what you are doing. It would be fine to sometimes have doubts but keep in mind that you already have started something and be it on your mindset that the only way out is to succeed and make your project be known. The journey won't be easy; it is not a hidden fact that nee projects are the ones which struggle the most establishing its name in the industry. Set a long term goal and it will be felt by the supporters of your project.

Just like with the typical sales industry, you could scale the project with advertisements, partnerships, and the likes. Be not afraid to spend for your token's growth because it will be giving you more than what you paid for.