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Topic: What do you usually do after token sales? (Read 569 times)

full member
Activity: 306
Merit: 100
September 28, 2017, 11:04:17 PM
#26
Interesting topic, currently most votes are HODL, I will keep an eye on this thread, I'm curious on ICO buyer action after ICO too. Waiting for more samples in the vote  Grin

Thank you. I'm curious too on how people minds run on the given usual scenario. Knowing on how other people thinks somehow can really help you on pump and dump situations. There are answers here that really gave me an idea on how to wisely take an advantage on situations like this.

 
If the sales are successful i will buy more, that coin starts well and in my mind take a risk for a gain simply buy when some people dump then sell when price is up till hit your target price, big risk for a big profit. Wink

This is a good move too. I will try this sometimes.
member
Activity: 108
Merit: 10
September 28, 2017, 09:37:31 AM
#25
You can try to flip on the first listing, however I like to wait a few months and set up my sell orders. I always keep at least 10-20% in case it moons and I have a great chance to make a great return.
full member
Activity: 350
Merit: 108
September 28, 2017, 09:24:28 AM
#24
after the sale of tokens, i usually last 1-2 months because we will not know how the future of tokens goes up or down.
all there is risk and i was ready it. Wink
member
Activity: 98
Merit: 10
September 28, 2017, 09:10:51 AM
#23
Really depends on the company and the dev team and if I like the project, After it is released on to a big exchange like bitrex then I decide if I 'm long or short. even if I do sell I always keep a few back for rainy day.
full member
Activity: 630
Merit: 100
September 28, 2017, 09:08:05 AM
#22
Question bring me here,

When ico token add in exchange, i was waitd for price pump. And When i got my target. than i was sold all of tham.

After sold thouse token. I was invest in another coin. with hope that i can earn some money.
full member
Activity: 924
Merit: 148
September 28, 2017, 09:03:38 AM
#21
Quote
Considering that the sales are successful and It got listed in a trading site. What do you usually do ?
Are those trading websites could be an indicators of trust for altcoins? I've seen a lot of garbage coins (and sometimes even obvious scamcoins) listed there. If the coin pumps after sale it is very hard to predict the future, whether it corrects and continue its growth or will go down and its volume will be close to zero.
newbie
Activity: 32
Merit: 0
September 28, 2017, 09:01:54 AM
#20
Interesting topic, currently most votes are HODL, I will keep an eye on this thread, I'm curious on ICO buyer action after ICO too. Waiting for more samples in the vote  Grin
full member
Activity: 224
Merit: 100
crypto revolution
September 28, 2017, 08:48:48 AM
#19
smoke a cigar, monitor, wait.
jlp
sr. member
Activity: 266
Merit: 264
September 28, 2017, 08:46:18 AM
#18
Typically, I will do a lot of research before investing my hard earned funds into a given ICO. There are many fakes and phonies out there that are simply trying to cash-in on the hype surrounding the industry. I will check for the following first:

1) After reading the whitepaper, does the company have a coherent vision/roadmap to be pursued upon completion of the ICO?

2) Do they have a solid team of LEGITIMATE advisers?

3) Are they selling an original concept or are there numerous other companies already established that will generate competition?

4) Is the project back by a legitimate, high-profile corporation/institution/organization? (Examples of such companies include: any of the major banks, government entities, well established industry leaders like Amazon or Overstock.com, or any major financial services firms such as; Deloitte, PwC, Accenture) Chances are, if any of these companies see fit to put their name on the project and/or provide funding, they have probably done far more extensive leg-work and research than you have time for.

“LEGITIMATE advisers” are useless. Augur had Vitalik Buterin as an adviser.  Vitalik is the most LEGITIMATE adviser you can get. After raising millions and after two and a half years, all they’ve released is a simple beta that is barely usable. There are a number of ICOs, that haven’t raised anything yet and they already have more software built. Enjin, Funfair and Stockbet already have much more than Augur’s beta.

Even the white paper can be useless. The only thing that matters is whether they can deliver software.

EOS raised $230 million and said that they were going to release something by end of summer.  Nothing yet. With $230 million, EOS should have solved world hunger by now.

Gnosis raised $12.5 million and their website says that they are releasing their game by first half of 2017. Nothing yet.

Qtum raised $15.6 million. I don't see anything produced on Qtum's website.

After raising $50 million, Cosmos's website is still pitching its white paper. Come on. What have they produced with that $50 million?

MobileGo raised $53 million. Here's the roadmap from their white paper:

5) Have they partnered with exchanges and, if so, what s the quality/popularity of such exchanges? I want to make sure that I have the ability to exit an investment before I make the decision to enter in the first place.

These is simply a preliminary checklist I use when evaluating a currency, ICO, or blockchain-based startup. There are plety of other things to be considered before placing an investment in ANY venture, but this is a good place to start. Once I have acquired the coins which I am due, I will typically transfer them from my Ethereum wallet to the exchange on which they will be traded as soon as possible so as to take advantage of potential price movements. As far as determining the best time to sell, I will set a percentage gain that I am hoping to make from the investment. Once I have achieved that gain, I sell and don't look back. It is important to stick to your guns and have conviction in your decisions, else you risk losing money or worse... your sanity.

Essentially, your fifth point negated your first four points. Who cares about those if all you care about is a pump and dump?
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 28, 2017, 03:53:20 AM
#17
Sell at highs as fast as possible and buy more after first dump. This is an effective strategy.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
September 28, 2017, 03:01:44 AM
#16
My option is HODL. After token sale I usually trying to take a break. I don't like to watch for every movement up and down with a shudder every now and then. If I have participated at ICO I did big research before so I have to trust myself.
full member
Activity: 306
Merit: 100
September 28, 2017, 02:46:29 AM
#15
Just by observations which are very obvious, ICO'S has been so hot and until now it is the one that brings fire in this market. I remember those times just maybe 3 months after I started using bitcoin, that lisk was initially offered for about  ~$0.07 and I bought some to try it. Right after it got listed i just sold it away, and I was very dumb to do that, (i usually do that back then, I always dump ICO coins --> so foolish). Back at those times after Lisk explodes, I got my lesson to wait a little bit before selling your coins. Because not all of them dies, and there is still one coin that will stand out.

So my question as stated on the poll is, Assuming that the Initial Coin Offering of a project is successful, then it got listed in a trading site. What do you usually do?

 your experiences, decisions. Share them. Thank you!
I just prepare my amount and just try to send them into the exchange sites which already opened the gate the trade that coin. But that was different from the lisk because i got around 2k lisk and just hold them for the long term because i was seeing a lot of the potentially, especially with sdk.

Congratulations to you have controlled your emotions for not selling it right away. This was one of my biggest mistake selling it as i got 300% of my investments (which is not bad enough) then leave it for good. I didn't expect that lisk would go that far.  Sad
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
September 27, 2017, 10:45:32 PM
#14
Just by observations which are very obvious, ICO'S has been so hot and until now it is the one that brings fire in this market. I remember those times just maybe 3 months after I started using bitcoin, that lisk was initially offered for about  ~$0.07 and I bought some to try it. Right after it got listed i just sold it away, and I was very dumb to do that, (i usually do that back then, I always dump ICO coins --> so foolish). Back at those times after Lisk explodes, I got my lesson to wait a little bit before selling your coins. Because not all of them dies, and there is still one coin that will stand out.

So my question as stated on the poll is, Assuming that the Initial Coin Offering of a project is successful, then it got listed in a trading site. What do you usually do?

 your experiences, decisions. Share them. Thank you!
I just prepare my amount and just try to send them into the exchange sites which already opened the gate the trade that coin. But that was different from the lisk because i got around 2k lisk and just hold them for the long term because i was seeing a lot of the potentially, especially with sdk.
sr. member
Activity: 602
Merit: 252
September 27, 2017, 10:29:34 PM
#13
Patience is the key after buying coins in any ICO. With so many new ICOs surfacing over the last year, its hard to focus on one particular project while there are others which would have had greater progress. Usually the best bet is to hold and wait for the token to begin its implementation stage, follow the announcements closely and have an eye on the overall progress.
In rare cases, if the project is a miserable failure, it's best to sell instantly as it might face the problem of being delisted from major exchanges.
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
September 27, 2017, 09:42:56 PM
#12
After the token sale is over and the coins successfully registered in a market I used to sell it if the price is still high, But if the price has dropped considerably I prefer to hold it in a few months.
hero member
Activity: 504
Merit: 500
September 27, 2017, 09:24:40 PM
#11
If the sales are successful i will buy more, that coin starts well and in my mind take a risk for a gain simply buy when some people dump then sell when price is up till hit your target price, big risk for a big profit. Wink
sr. member
Activity: 476
Merit: 250
September 27, 2017, 09:07:43 PM
#10
Hold for a little bit, scope out what is happening and decide if I go long or short.
full member
Activity: 210
Merit: 100
September 27, 2017, 09:05:10 PM
#9
i will wait , it this a risk. we cannot predict this coin can be expensive on future , maybe i will wait the sell price profit , and buy when the price low. everything have a risk , do with your own risk. Roll Eyes
sr. member
Activity: 1190
Merit: 250
COMBONetwork
September 27, 2017, 08:58:35 PM
#8
After the token sales i do not sell them but i'm holding it. Because after sales the value usually below price of ICO maybe after 1 or 2 month will sell them.
newbie
Activity: 6
Merit: 0
September 27, 2017, 08:20:33 PM
#7
Typically, I will do a lot of research before investing my hard earned funds into a given ICO. There are many fakes and phonies out there that are simply trying to cash-in on the hype surrounding the industry. I will check for the following first:

1) After reading the whitepaper, does the company have a coherent vision/roadmap to be pursued upon completion of the ICO?

2) Do they have a solid team of LEGITIMATE advisers?

3) Are they selling an original concept or are there numerous other companies already established that will generate competition?

4) Is the project back by a legitimate, high-profile corporation/institution/organization? (Examples of such companies include: any of the major banks, government entities, well established industry leaders like Amazon or Overstock.com, or any major financial services firms such as; Deloitte, PwC, Accenture) Chances are, if any of these companies see fit to put their name on the project and/or provide funding, they have probably done far more extensive leg-work and research than you have time for.

5) Have they partnered with exchanges and, if so, what s the quality/popularity of such exchanges? I want to make sure that I have the ability to exit an investment before I make the decision to enter in the first place.

These is simply a preliminary checklist I use when evaluating a currency, ICO, or blockchain-based startup. There are plety of other things to be considered before placing an investment in ANY venture, but this is a good place to start. Once I have acquired the coins which I am due, I will typically transfer them from my Ethereum wallet to the exchange on which they will be traded as soon as possible so as to take advantage of potential price movements. As far as determining the best time to sell, I will set a percentage gain that I am hoping to make from the investment. Once I have achieved that gain, I sell and don't look back. It is important to stick to your guns and have conviction in your decisions, else you risk losing money or worse... your sanity.
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