Bitcoin Forum

Hi. You were excited about the project and get into ICO, but once token released and listed on exchange, it pumped and dumped and stabilized the price at around 0.20x from ICO price for a long time, which even with some slight good news, i.e, beta release, did not do much impact in price.  What would be your next step?  HODL it in anticipation of some great news or sell it?

If you got that tokens from bounty then better to sell them for the decent price but if someone invested during the ICO then he should keep patience if we selling means we are going to lose our capital.

Why did you get excited abt the project in the first place? Was it to sell at first chance? If you are really invested in the project and its possibilities, then it shouldn't really matter what happens short term. Most blockchain projects need at least a year or more to be able to show anything worthwhile.

If it was all about a quick buck, than I get it, but selling at such a loss is your own choice. If you don't feel invested anymore, then maybe you should move on. Take your losses and put it there where chances are much higher you will make a profit.

I personally accept my losses easily. I have patience and am waiting for the next real bull run, during which all these lesser performing projects will rise out of the ashes too :)

Most of the time, if the project 0.2 X, it means that the project may not enough supporters or the project early investors get more preferential credit, so you need to be cautious.

Yes, you are right, but there is possibility to multiple your capital in other coins rather than to HODL the bag of non-moving coins.  Sometimes, it becomes impossible thinking that my 0.2x coin will multiply 5 times to get my capital.

ya.. that is what I am thinking too.  I will wait until another bull run and take at least my capital.  Hope, it will come sooner.

If it is an ICO than i will get out of it as soon as possible, as the current market scenario for ICOs is not that great and the future of ICOs is looking very dim. Also most of the ICOs are just failing or exit scamming its users. Every few days there is a big ICO duping its investors and running away.

Per my understanding you are totally talking about Endor  ;D ;D

ICOs these days are going through a bad phase and specially if they dont have the proper token matrics this is whats happening to them. Real Examples are Utrust and Endor at the moment.
Personally, I am not investing much in ICOs and I buy them after exchange listings on dump.

Now about your question, if its that cheap and if I trust the project to get back to ICO price in future, I will double down here to average out the price. And May be come out of it when it reaches 0.50 ICO price.

It's a sad world out there full of scammers.
If it's already 0.2x the price I would just left it there

We all think the same, but believe me when bull market has come greedy will stop you. You'll think maybe this is just the beginning of the bull market? When prices was high on december 2017 I didn't sell because I was greedy, I was defeated  by greed. I hold when I should sell and I bought when I should sell.
So it's not easy task for you. Be careful with high prices and bull market . You should have plan, maybe some simple plan when you'll be ready to sell and keep it in your mind.  That's necessary believe me. Without that you'll miss bull market and lose your money again.

If you believe in the project and the people running the project are executing their business plan then I would continue to HODL. I generally sell tokens or coins only when they have (a) hit my price target and I now consider them fully valued or (b) have failed to execute their business plan or done something else that has caused me to lose confidence in them. These are startups you are investing in and often it takes a couple years before they gain traction.

My next step would be - not buying shitcoins anymore  ;D

If coin dumped 0.2 and you dont understand how you end up this situation and what to do now - you re doing something wrong. When you buy any coin you must have a plan - when to go in and when to go out according to white paper, milestones, news and market condition overall.

If your token price fall so much, I would suggest you won't sell it, unless it's some urgent situation and you need money now. Otherwise, if it's a solid project, there is a big chance it will be climbing up in value and return to ICO price. Then you can decide if sell or hold.



IMO If tokens are from the bounty, it's even better to hold them, because you didn't invest any money.

If I were you I would immediately sell it as soon as my intuition tells me to after I have researched them again to cut losses because most of the time when a token dumps a lot and good news are not affecting it, the possibility of it being a shitcoin in the near future is very high and I wouldn't dare wait for another great news specially when I see the team accomplishing all of their planned things to do in roadmap(but price still hasn't risen above ICO price).

In such a situation, I would prefer to sell these tokens. But this is not a unique situation, now the vast majority of tokens are traded much lower than the price of placement on the exchange.

I advice you to just hold your token until the bitcoin price go up again.
the price your token going down because of the crash of the market. better wait for the market to recover.

For tokens, never sell below ico price. If the tokens pumped and dumped it means ot has the pltential to pump. There are a lot of reasons for a dump. Sometimes the market is just low and is still having a hard time to recover, sometimes the marketing of the coin is not that good. Balance it out before you decide to sell.

Exactly. No one is investing money in ICO projects and accepts lower pennies than when buying ICO. There are a lot of pennies after the listed are all down. But in the future, the price will increase. I'm very sure about that

This is a common scenario when participating in ICOs. But if you truly believe in the project and the team's capability to deliver. Then it shouldn't worry you in the long term. But if you're looking for a quick flip. then i suggest participate on the hype icos

Even as a bounty hunter, it is not good for you to dump the tokens that you worked for, by spending your precious time and effort in ensuring the success of the project. Most times, i prefer to sell at the price that every investor that invested his money would want to sell. I think it is high time we realized that we need to always be patient.

if you believe in ico project ,, try to hold for long term, follow keep the news, but if you have doubts, better sell it, while ico condition is not good for now, not like last year

While it depends on the ICO and the coin, I think if you really believe in it after the ICO, you should probably hold it.

But if it's from a bounty or just a one-time-thing probably better off selling.

Don't be too greedy because most of the tokens will never reach the ICO price after listed on exchange and many were fade away too so make some money and you can convert those coins into an growing altcoins like litecoin in the long term the risk will be less if we invest on the potential coins.

Thank you guys for your valuable suggestions.  Its wise to give some time learning about the ICO you are getting in.  I see may tokens less than 0.2x in icodrops within few weeks after exchange listing.  Don't dump your token so hard and it seems impossible to rise back again specially bounty hunters and those got tokens through pools with great discount and presale buys with great discount.  It kind of kill the belief and possibilities to rise.

I agree with this, most coins dump on the initial listing after ICO and it takes them very long time to reach new ATH or even never reach it. But in the scenario we are talking, the coin is already at 0.2 ICO price, so the chance to sell it high is gone. Would you sell your bounty on this kind of dip or rather hold with hope to recover?

keep them! if you sell them now, it does not guarantee that your next purchase das you 5 times more money!

Oh this kind of trend seems to be a treeeend lol.

I remember coinlancer :( it pumped till 2x of its price then look at where it is now. its 10% of the ICO price and is a big disappointment.

I've got big losses from those tho. Mainly, time because I thought they'd be airdropping big time. LOL What a mistake.

Anyways its a good project. We just have bad market ATM.

If you think that the project can have long-term potential just keep it... Soon or later the price will catch with the real market value of the project

I think at such a price should not sell it will be just illogical and very costly, I think it's better to wait a long time or a gentleman or a missing one!

I would probably hold, because selling under the ICO price is a bad idea. You tell about good news, that don't have any impact at the price, but personally I wouldn't care about it much. You never know what can cause a hype around a project - some partership or nice words about the project said by some highly-respected guy.

This is very often because you need to take into account the fact that the market is not in its best condition, so just be patient and wait for growth!

if your tokens are at x0.2 from ico that means that team sold to many tokens in private with very big discount,selling their own tokens aswell or just overpriced their tokens value, i sold some of such project- exepty and fundrequest, it was good experinece not to invest in such projects in future, so sell and forget about them

Bounty hunters always needs to be paid, so if they see it for a long time it's better to sell and don't wait more   

If it's trading at 0.2x ICO price then I would get out now. It obviously doesn't have much strength if it can't even return to its original price level. It is highly unlikely that it will ever go back above its ICO price, and there are so many more promising coins to invest in that have the potential to 5x or more. Sometimes you have to accept defeat, and take a loss.

same thing happend ed with BNK I AM SCARED

I once had an airdrop coin that was worth $100 dollars a week before but the value dropped to about $1.5 three weeks later. But I'm still holding it because I have faith that it would succeed.
Selling coins at any price is okay for me, as long as you meet your targets and you don't make losses. However I seriously long for the time when cryptocurrencies will be used for what they're intended for.

Sell when the ico end and wait and buy :)

I know what you mean. I am now in a similar situation. I made a decision to keep until the price grows.
Although there is a temptation to transfer them into existing coins while the price for them is also low.
I'm in doubt.

If you really believe in the project's success, i think a good strategy would be to buy more tokens at the current 0.2x price in order to average down the amount that you have spent for the tokens. So if you buy enough tokens, a 2X increase from now would be enough to get back to having profit.

And what are the metrics you use in measuring potential failure projects? There have been instances where coins originally thought to have less value have suddenly soared when I sold it. And then I ask myself why I didn't hold on.

Depends.
It is common practice that price drops after listing.
If you got it from ICO, and project is not dead it is somekind of stupid decision to sell with 80% loss. I believe it is not your last money, so I would wait another months/years.

With bounty rewards, it is up to you. You need just rate job that you involved in this bounty, and if you are fine with reward you can easy sell.

It depends on-what task will be solved by altcoin, from his team.Some coins are sold immediately after growth-most of the other hold.

I think in real statistic, more than half of all coins going in market for real trading, till in scam zone or in zone of poor things and most of them should to be solded.

Same, I also had tokens that have just literally "died' on my watch (in my wallet), but the difference is they were airdrop/bounty tokens, that we haven't invested in, so when it comes to selling them, the only question is how much we value our time and efforts, and in your case it was just an airdrop, which means that you've spent around 5 mins to get it. But the OP invested his money in his tokens, so it would be useless (profitless actually) to sell now.

Everything depends on the amount of investment. If the potential profit is more attractive than the risk of losing all the money - then this should be done.

I advise buying long-term tokens

I guess it must have been a quite bad choice than, and maybe better get out, and find something nicer to invest, rather than insisting to a bad investment.

Hold and if you did your research and still trust the project, buy more once it's cheap! Don't ever get into a position where you can't afford to hold. Even if it's bounty tokens, just hold. You didn't pay any money, so you can't loose any.   Any project needs some time to grow and gain hight. And yes, some will crash. So spread your risk and accept that some investments will fail, even if it was a good project.

This is the most difficult question I'm thinking about at least once a month. Since there has been no growth for the past six months, there was no opportunity to sell tokens from "strange" projects. I have my own classification of "strange" projects. These are good ideas and a hardworking team, but the cost is below ICO in three times. I can not explain this, and I can not say it's scammers, not at all. I call such projects "strange." They are in my wallet since I will not return my investments now. Some of the tokens I sell immediately with a small profit since the idea was rather mediocre.

That's really hard to say. My opinion is that some research should be done about the project before the coin hits the exchange and based on that decide if it has a good chance of being a shitcoin and hence dump it asap or is maybe a hidden gem. Because if the case is the latter one, then I would suggest to hold at least to the first moon at which point you can sell some percent of it and hodl the rest in case it moons even higher the next time. But, yes, it's really hard to predict these things since everything in crypto is imho luck based to some extent.

If you've invested in some ico, not just took it from bounty reward, then better for you don't sell it and hodl as much as you can