top holders - page 3. | Bitcointalksearch.org

H1N1

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Of course mate, the percentage of the coin holders is matters. We should be careful with the coin that have big % owned by the owner.
Thats why we should understand the coinomics / tokenomics of the coin we want to buy, it will surely affect the price in the future.

kapalmabur

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Quote from: gurunanakji777 on August 24, 2021, 09:57:32 AM

Yes, obviously it impacts. You are saying if 50% hold by the top holders I think I would not consider it buying if the coin is new because there can be a manipulation. Big coin holders can control the market and it's not good for the small bag holders but apart from this, we should check the project development and how strong the community of the coin are these are the basic things one needs to check before buying.

That's true of course there are other things we should check before buying because after all they are important things,
and when we see that both the development of the project and the community of the coin is good I think it's a good choice to buy it,
but it comes back to each person's decision

Ulvajaya

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The decision depends on our personal beliefs, if you believe in the decision that the new coin will become a valuable investment asset, then you may change, affecting our decision to buy the new coin

gurunanakji777

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Yes, obviously it impacts. You are saying if 50% hold by the top holders I think I would not consider it buying if the coin is new because there can be a manipulation. Big coin holders can control the market and it's not good for the small bag holders but apart from this, we should check the project development and how strong the community of the coin are these are the basic things one needs to check before buying.

guydin

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Personally I don’t buy tokens when I see that more than 30% of tokens are in the hands of one person. Whales can be really dangerous for small investors as they can easily manipulate the price. Also it can be an indicator of a scam project, as big holders can wait for pumping of price and then sell it at one moment. One more thing is that when one person has a big percentage it destroys decentralisation.

RussianEnglishTranslation

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

If a team controls the supply of a token you can get dumped on, that's why I invest in mineable projects like BTC, RVN, and 0xMR. It's impossible to exit scam or rugpull these projects.

kotajikikox

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Nope i am not influenced by top holders because for me This will lead to manipulation if there are top holders who can just Pump and dump the value of the coin.

i still trust coins with small holders each so at least i know that the investors are a believer and supporter and not just there to Earn but to let the project grow for long term purposes.

walk away to the mentioned example because that is the main reason why Manipulator succeed in their strategy of bagging money from small investors.

bitzizzix

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Quote from: letyouearn on August 23, 2021, 06:59:02 PM

Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Sure, especially if this project is new and untrusted. And especially if we don't know much about the team. The risk is huge, why taking it? There are many other good coins

Now that's the importance of doing research before we know it accurately every new project should be suspected for our good so as not to get a loss, especially conducting investigations from the development team and trying to communicate to ask important things and suspicions about the project.

and holding large amounts of koin above 50% must be wary because holding very large coins can affect the market movement and we will not know if he throws them away suddenly and without thinking about small holders.

letyouearn

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Sure, especially if this project is new and untrusted. And especially if we don't know much about the team. The risk is huge, why taking it? There are many other good coins

odukoyaewatomi27

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I think the percentage of people holding a particular coin as an effect on the price of the coin because if it is a coin that is really in demand and people are really after more people holding it will mean that lets of the coin is in circulation which in turn in turn makes the coin most cars and scarcity always drives the body of cryptocurrency Bitcoin for example has a lot of people holding it and with the Bitcoin halving that keeps happening every couple of years the history of Bitcoin keeps increasing due to the decrease in supply this in turn into ice the price of BTC up

JeffBrad12

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Top holders meant whales were buying the coins. I do believe if the whales have a lot of consideration before trying to pick a coin to be used as their bags. I have been seeing it so many times that the whales were accumulating the gems.
The whales will be also shilling for another whale as well. that's why the top holders can be used as a way to know how much adoption happened with the coin or token.

that's affecting my decision to know about which potential coin will be boom soon. There must be an exception for the top holders that hodl a lot of coins from the total supply coz it's related to the owner of the token.
Some people were also giving the right opinion about this above me. that needs more evaluation but as long as you're doing it in a good way and then it can be used as a technical aspect to determine how good the coin is.

btc_angela

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Quote from: kevindjunaidi on August 22, 2021, 06:19:39 PM

Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

of course it doesn't affect my decision as long as the holder who has >50% are not devs and only investor, because what affects my decision to invest is,
1. the progress that the project has made from the beginning until now
2. the project idea is useful in the future and has an advantage over other projects (rivals)
3. the team is very responsive and friendly, and always provides information about project developments

On the contrary, if the holders are all investors, then there is a big risk that they will dump it when the price reaches all time high. For the devs, I'm sure they know that if they did dump it, the project will die so I doubt that they will do it.

So it's worst that holders own > 50%, just like what we've seen in Doge. And like the rest of the majority, this kind of setup doesn't look good in my opinion. It should be at least evenly distributed amongst investors and devs.

Ryker1

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

If there is a top holder of a new coin more than 50% this will have a negative impact on those of us who hold the coin. In addition, the top holders easily play their part on market conditions, I would rather avoid investing in such altcoins, but this is not the case for potential coins. In analyzing coins, pay attention to coin developments, of course for people who have been in crypto for a long time will be able to observe coins from various sides, be it the community or even the comparison of ICO prices with conditions listed on the market I prefer to minimize risk by choosing 50 coins top on CoinMarketCap.

Well this makes sense now and that is right, it could be there is a chance that the project could be manipulated by the top holders, they can easily play the market such as pump and dump, or later on, --they will sell their coin holding coin and make a massive drop. A good project should have a massive number of people that hold on to it genuinely, it means it is back by the community and it is not easy to manipulate. I think this is a part of the investment research that we must avoid.

GaxviiBuss

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It's just as if you pour out your water because your neighbour fetches more, it's on a wrong basis and it's vague, your. Investment proportion or decision should be to influence by your research, not by other proportions, one needs to take necessary cautions when investing, and because it works for someone doesn't mean it will for another.

imstillthebest

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some says that was bad .
maybe because they think that the top owners of that coin can dump it verry hard but to me i think that was also good if there are top holders because they are also the reason why the price is high and stable as long as they continue holding thier coins but dumps are still unavoidable and can occur later on .
other than that the number of holders is also a must to check , the higher the number is , the better .

Suke_Teki

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It shouldn't have happened like that, A person/investor who owns more than 50% token supply, unless it's a wallet for token burning, Like some new projects that burn most of their token supply. It is also possible that the wallet that holds more than 50% of the token supply is the token allocation wallet that will be distributed.
Therefore it would be better if a project distributes their tokens into multiple wallets according to the planned token allocation, and each wallet is tagged for a specific allocation.

Xinarae*

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We need to be careful about the delivery of tokens and analyze the market properly. Because it does not take long for the top holders to go down as low as they can raise the price of the currency, the traders suffer a lot. Newcomers are more at risk they have less knowledge to deliver tokens there is not much idea about pump dump. Therefore before investing you need to analyze the market and verify the reliability of the tokens.

Naficopa

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

The more coins in the hands of a small number of people, the worse it is. It just makes the risk of a big sale higher. It means that flash sale is theoretically possible, i.e. a very fast, large drop in price, even in a second.
The situation is close to this with Dogecoin, where over 25% is in the hands of a very small number of investors, which is why Elon Musk stopped supporting DOGE.
I also avoid coins / tokens that have situation like this.

poodle63

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I think yes, holder that have so many total supply of token like that can probably control the market because those coin can be dumped into the market anytime and make the price of the coin drop sharply and it can create panic selling in the market.
That's why many people also see the amount of token holders if it has many holders, people will think its worth for trading or investing. Like the token thats already popular like AXS it has so many token holders and it have less chance of panic selling in the market.

asriloni

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Quote from: L A on August 22, 2021, 02:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

It should.

Remember this you must also aware about how much to total holders of such asset. You can identify whether it has a fair distribution or not. When there are only two address with the biggest hodl and you must be careful if this possibility the tokens that hodl by the team or developers.

More token holders and then it will represent the demand for the token. The big holders mean a lot when there was a lot of big holders on the various address like hundreds or even thousands of address.

that will be a scam sign when there were only two address that hodl the most of assets.

that's why percentage of top holders mean a lot. it can be said that related to the whales address

Topic: top holders - page 3. (Read 738 times)