Why Do People Dump Their Precious Tokens With Ridiculous Low Price - page 3.

OrangeSeller

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Quote from: emberbekas on August 28, 2018, 06:06:30 AM

Quote from: desmonddesk1 on July 03, 2018, 05:02:06 AM

As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?

Fear is one thing that usually makes people to change their decisions by cutting the loss or dump their coins/tokens. Afraid that the price will actually go down even deeper if they keep holding it is normal. Emotions can change everything including plans that have been carefully made.

Fear of the unknown is actually one major factor. However, the main factor I will like to point out is ignorance. Some are just so into the ideology of getting rich fast that they forget to understand that life is never fashioned that way and only if they could realize this before they will be able to attune themselves to the mindset of being patient for it.
All they are after is just getting out as long as they are able to get something out of it even at loss, and forgetting this will always be a strategy for them to get thrown out of the market as a weak hand eventually.

rutherford

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I think people dump their coins because they're afraid that the coin's price will drop lower and lower and they will lose all their investment money. The key to online trading is to be able to control your emotion. You have to be patient and not panicking all the time. Because panic can cause you wrong decision and you don't want that to be happen.

katuhakuh

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I think there might be a number of reasons behind coin dumping when people don't care about losses. Sometimes we need money and can't find other ways besides selling our precious coins. I see it as an opportunity to buy potential currencies at low prices.

rumexx

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The reason is not far fetched it is just simple because the got the token as a reward. They are bounty hunters who did not acquire the token by buying during ICO. They forgot that the mental and physical energy used during the task for the bounty campaign and of course time is money. The felt that there is no need to look for profit as far as there is no physical cash involved in getting those token so it could be dispose at any price. Dumping is even killing the ICO market indirectly because investors will soon lose interest since they are no longer making profit from their investment.

StarofBTC

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Quote from: rapsa2018 on August 29, 2018, 03:01:14 AM

When the project is nice and a token is good and its potencial is great in the future I can not afford to buy my tokens at a cheap price.

You cannot afford to buy your tokens at a cheap price if it has potentials? Or you are trying to say you cannot afford to sell. There will always be weak hands in the market and some who would not mind to sell their tokens at a very low price and until those weak hands are out.

A lot of people blame the bounty hunters for dumping at any cost since they do not really understand the real value of the coin during ICO anyway. These are the caliber of weak hands we talk about, and most whales usually start the dumping process just to buy at a much lower price eventually.

alentmay

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Quote from: dulinivanrus on August 28, 2018, 05:41:39 AM

People are panicking ! When your coin drops in value 10 times it is very painful and they are morally depleted.

Unfortunately, one thing they have failed to understand is that panic does not solve anything and if everyone who is extremely wealthy in crypto now had panic, I am pretty sure none of them would have ended up reaping the benefit as it is. It is normal for those who really got into the space for no knowledge since they got the wrong mindset anyway and all they were ever after was getting rich quick which makes it difficult for them to face the long term reality when it kicks in.

Opnsrc

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Quote from: tnabielec on August 27, 2018, 10:07:22 AM

It is normal behaviour to try to "save what i have left". People who have not done their research on the r´project or stayed too long in a losing trade.
Investors who have done their research and truly believe in the project will never do this. Experienced traders whos trade went terribly south left the trade at 1% loss.
So my answer to your question "why?" is: due inexperience.

These people have a very rich imagination. They think like that: OK, if I do not sell my cryptocurrencies now, in several days all of the alts I have can cost a zero. Do not panic - the cryptos will grow.

gabmen

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Quote from: rudox on August 29, 2018, 03:43:47 AM

Dumping are being done by the bounty hunters just because the got the token as a reward based on their effort in promoting the project. But one thing they do not understand is that their time, energy both physical and intellectual are resources. I think the best thing the project owners can do is to pay the hunter with Ether or any other Altcoins so that once their token is out the price will not be eroded by dumping.

Well i think they really allot a specific amount of token to dispose of when they start a bounty and they should already be aware that this is most likely what will happen. Bounty hunters don't really go for the token itself but it's btc or eth equivalent.

doanlang

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There are many inexperienced investors whenever they read or hear about bad news related to electronic money, they will immediately want to get out of the market, not that they do not need profit anymore but rather the fearful person is always mentally there will be a sharp decline in the price of electronic money. So they just want to make quick money and not believe in the future of electronic money, so they are selling now. Everyone wants to make a profit, even if you have made a lot of money, you will still want to invest and achieve more.

rudox

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Dumping are being done by the bounty hunters just because the got the token as a reward based on their effort in promoting the project. But one thing they do not understand is that their time, energy both physical and intellectual are resources. I think the best thing the project owners can do is to pay the hunter with Ether or any other Altcoins so that once their token is out the price will not be eroded by dumping.

rapsa2018

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When the project is nice and a token is good and its potencial is great in the future I can not afford to buy my tokens at a cheap price.

Asuspawer09

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Quote from: desmonddesk1 on July 03, 2018, 05:02:06 AM

As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?

well probably that's pure panic in that particular instance. They are afraid that they would recieve less than that despite of being low already at that point which is surely a bad thing. Investors should be firmed nd should never settle on what's okay but rather what is best. So since there's more on holding, selling therefore is not a good idea no matter what problem the market is facing.

Zemomtum

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Quote from: yonjitsu on August 28, 2018, 07:53:35 AM

They are just completely shaken by continuous price fluctuations and the spread of FUDS anywhere. It is also the result of their lack of knowledge about cryptos and immaturity on how to hold their crypto assets no matter how bad the condition of the market.

Indeed, some investors, especially people who're just new into Crypto. I think they're just scared that the price of the token might go down miserably, they're scared that they might lose a bigger loss than what they can lose in that price. I also think that FUD is one of the reason why people dump their token at low price.

btc_angela

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Quote from: ?? on ??

It couldn't be the FUDs always. Maybe because of some people joining bounties that tend to look for quick profit as the coin goes into the exchange. It couldn't be the panickers, because why would people panic at an initial price of the token. There's no sense in doing it since they would invest it to let it grow unless that the coin is in its declining stage already but assuming that the coin just recently hit the exchanges. This is why there are some coins existing to be a shitcoins and it is quite sad that some people fall for these. Maybe not for those who earned the tokens but for those who invested and were hoping a lot for that coin to be mature.

I can speculate that bounty hunters have no choice but to dump their tokens. I mean they have work so hard to earn it and they think that it can give them a good potential profits. However, when things go wrong, they panic and willing to dump everything because they think that all their hard work is gone if they keep on going to a token that keeps on going down. So better at least get some profit instead of nothing.

yonjitsu

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They are just completely shaken by continuous price fluctuations and the spread of FUDS anywhere. It is also the result of their lack of knowledge about cryptos and immaturity on how to hold their crypto assets no matter how bad the condition of the market.

emberbekas

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Quote from: desmonddesk1 on July 03, 2018, 05:02:06 AM

As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?

Fear is one thing that usually makes people to change their decisions by cutting the loss or dump their coins/tokens. Afraid that the price will actually go down even deeper if they keep holding it is normal. Emotions can change everything including plans that have been carefully made.

Marcel666

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There are different reasons people dump their assets at a low price.
Most Bounty hunters dumping, cause every return counts as gain since their was no financial investment.
Investors do it sometimes, if they received large bonuses, they can dump and take profits.

dulinivanrus

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People are panicking ! When your coin drops in value 10 times it is very painful and they are morally depleted.

hermankoles

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https://customcontract.network

interesting strategy when someone throws away a lot then they try to create panic sell so the market will be more flooded with low price tokens, that's where the right time to buy back, just wait a while then the price will rebound and we become more profitable

Kira_lapa

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Because such people are prone to panic and fear. To get rid of such a panic try to practice. Mentally imagine risky situations in the market to get used to them. Such rehearsals will make them more familiar and help reduce stress.

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