How to determine price of altcoin in the market?

[JRACPJRL]

I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!

[crypto_gaint_stark]

Yes you're right it happens, however, I know of only one ICO in recent times that has not done this. Blockgrain.io team had the foresight and fairness to keep presale price equal to the main sale price. This shows what intentions a team has. Less focus on greed and more on onboarding the right people.

They’re aiming to automate the supply chain with Grain and later on Fruit/Vegetables/Wool.
These days, hardly any ICOs have what it takes to give 100% confidence to investors like me. They come up with the most random ideas and spend a few 100k dollars on marketing and building hype. Then they have token sales where pre-sale investors are given discounted rates. They end up dumping the coin as soon as there is an exchange listing.

You can get some tokens by promoting them on social media..If interested their BlockGrain.io bounty thread: https://bitcointalk.org/index.php?topic=3332256.new#new

[disconnectme]

Let me tell you one thing, volatility is a big issue in the space and you need to either see yourself as an investor or trader, so that you won't be concern about every price swing. From what you describe above, it is possible the bounty tokens crashed the price but if it s a good project you have nothing in particular to worry about because the price will recover. I think you should learn more about the space

[talkbitcoin]

altcoins are pump and dump toys so you have to keep your eye open for pumps and try to figure out where on this cycle you are buying the coin. for example based on what you said here i assume you bought it on late part of the initial pumping step and then got dumped on.

what you need to do is that you should buy in the early pumping stages instead.

here is a quick thing i just drew helping you see the different phases. i hope it helps:


you basically want to buy in with the smart money as the volume is increase first but anywhere before the peak is a good buy chance specially the first panic sell moment although the risk is rising with the price rise.

[sateyaam]

it is often and very likely to happen almost every new token and enter the market then the price suddenly dropped drastically from the previous price,
usually the price will go up when the product from ico has been launching or working well,
the best advice is to stay patient while monitoring and analyzing the ico

[eaglewhite80]

Once a token or a coin hits the market, there is really no way to determine the possibility of a sell off or if there is going to be an outright increase in value immediately as most of the time, it just happens immediately and while some may be looking at it as a chance to sell as quick as possible to buy back lower, some real investors may just be holding and buying the dips. It is not something anyone can help unless the team are willing to hold the value strong as much as they can in the case of some trying to sell below the ICO price, but I am not sure if that happens that much or at all. If you want to follow the value of your altcoin however, you can make use of blockfolio just to keep seeing how they are doing.

[saganpav]

I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!

It is very difficult to predict the price of a token tomorrow or the day after tomorrow. But if you understand well how the market works then you can guess when the price of a token will grow. I know for sure that the price is rising before going to popular stock exchanges, and this is a fact!

[ArkiCrypto]

Unfortunately that will happen if you joined a bounty, received your rewards and Hold it. I've been in the bounties section many times and participated in many bounty programs and in my experience that always happens every time.

One time I read a conversation in one of my telegram's GC a two bounty hunter and they said that after they received the token and it's listed in some exchange they sell it immediately, my assumptions are:

1. As a bounty hunter the person needs profit urgently and so... when he/she receives the rewards and that token is listed to some exchange he/she automatically sells it.
2. All the bounty hunters know that all the people who receives the token (Bounty participants) will sell it immediately and in result the price will go down, so all the
participants will sell their token in fear of losing the value of the token if they going to hold it.

Once again this is just my assumptions or perception. It may be true in some point or not.

[thetruth123123]

Hehhe This is unpredictable market, especially talking about alternative currencies, Alts are highly volative on the market.

[qazgroup]

Do not worry about initial fall if you can hold for few more weeks and the project is good, if you have some emergency and need funds then you can sell at low price otherwise i will not auggest you, selling under ico price is never a wise decision.

[Jericka D Ranillo]

This gonna be hard for a new in crypto world. Trading is need our skills in reading graphs. Knowing how the candle graphs tend ot up or down is just one technique to determine how was the market moves. There are a lot , you can watch in youtube jow to do this one, you can watch and learn there are many good youtubers teaching their skills

[adzino]

I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!

Yeah you can somewhat predict how the the price of a token will fall after the campaign ends. First you need to check how much tokens they are distributing for free or through reward system pre ICO. The more free tokens they distribute the lower the price will be since after receiving those free tokens most users end up dumping it. Next, the price depends on how good the project is.

[auliahr]

I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!

just wait, if its developers do an update or launch its product, maybe growth will happen and price movement will go up.

[MinerHQ]

Do not worry about initial fall if you can hold for few more weeks and the project is good, if you have some emergency and need funds then you can sell at low price otherwise i will not auggest you, selling under ico price is never a wise decision.

The most important thing is whether the project is good or not. If they got a good plan and a good team to work on then just hold those coins for long-term and if possible buy some more at a lower price. Because at the start people may not be confident about the project so they may be dumping for small profits but if you hold those kinds of coins then you can make a lot of coins in the future. But if you're not sure about the project then better sell off and buy some other coins with that money.

[eye-con]

I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!

its natural, many bounty hunters are selling their tokens, you are not the only one that participates on that bounty campaign so its only natural that its price will go down.

[ExtremeFacials.com]

There is no certain way to predict future, lol! But you can analyze the various things going around and according to that.

[blockman]

the price of the altcoin went down. Does it really happen?

Where have you been during those times when the whole market was on bloody months. This is really happening and this is the reality about the crypto market. Don't expect that the charts will be on green forever and you can't see a red stain on it.

At first, the price is high, but goes down over time.

You just joined a bounty and you expect that you'll receive something stable? Crypto prices aren't stable except those stable coins like tether.

How will I determine of the price will go down or up? Any tips? Thanks!

Start analyzing and reading the charts.

[impulse709]

I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!

This is about trading analysis and you have to learn to know the price trend. Mostly, if the ico is hot and many participants can't buy, so the price will go up after listed on exchange and price will down after 2-7 days. For long time listed coins, you have to learn about trading analysis, there no ways else to help.

[puzzling_rvat]

As many bounties you participate as many different coins you receive. From my point of view, it is the best way to earn something, just hard work and don't dream about millions dollars and may be you will derail the jackpot. Good luck, happy bounties

[linkHA]

Most of the time, the price of a token depends on how well the investor recognizes it.
If people are not optimistic about this token, then the sell-off will cause a sharp drop in the price of tokens.