Bitcoin Forum
May 27, 2024, 02:58:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they believe that the creator of this topic displays some red flags which make them high-risk. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 »  All
  Print  
Author Topic: Why Do People Dump Their Precious Tokens With Ridiculous Low Price  (Read 1536 times)
dulinivanrus
Jr. Member
*
Offline Offline

Activity: 210
Merit: 1


View Profile WWW
August 28, 2018, 10:41:39 AM
 #181

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

✦ ZOPTAX ✦
❝ Disrupting VOIP with Blockchain ❞
Marcel666
Jr. Member
*
Offline Offline

Activity: 266
Merit: 2

The Premier Digital Asset Management Ecosystem


View Profile
August 28, 2018, 10:43:24 AM
 #182

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.

||   ICONIQ HOLDING   ||
The Premier Digital Asset Management Ecosystem, Powered by the ICNQ Token
emberbekas
Legendary
*
Offline Offline

Activity: 1904
Merit: 1000



View Profile
August 28, 2018, 11:06:30 AM
 #183

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.

yonjitsu
Full Member
***
Offline Offline

Activity: 476
Merit: 100


www.daxico.com


View Profile
August 28, 2018, 12:53:35 PM
 #184

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.

btc_angela
Hero Member
*****
Offline Offline

Activity: 2618
Merit: 544



View Profile
August 28, 2018, 03:00:31 PM
 #185

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.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
Zemomtum
Full Member
***
Offline Offline

Activity: 1316
Merit: 104


CitizenFinance.io


View Profile
August 28, 2018, 04:00:20 PM
 #186

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.

Asuspawer09
Sr. Member
****
Offline Offline

Activity: 1666
Merit: 432



View Profile
August 28, 2018, 11:49:01 PM
 #187

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.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
rapsa2018
Member
**
Offline Offline

Activity: 504
Merit: 10


View Profile
August 29, 2018, 08:01:14 AM
 #188

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.
rudox
Full Member
***
Offline Offline

Activity: 476
Merit: 100



View Profile
August 29, 2018, 08:43:47 AM
 #189

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.
doanlang
Full Member
***
Offline Offline

Activity: 231
Merit: 100



View Profile
August 29, 2018, 09:17:27 AM
 #190

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.
gabmen
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 529

CryptoTalk.Org - Get Paid for every Post!


View Profile
August 29, 2018, 04:17:34 PM
 #191

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.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
Report to moderator 
 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..███████████████████████████████
Opnsrc
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 500



View Profile
August 29, 2018, 07:57:26 PM
 #192

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.
alentmay
Newbie
*
Offline Offline

Activity: 67
Merit: 0


View Profile
August 30, 2018, 08:02:55 AM
 #193

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.
StarofBTC
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 528



View Profile
August 31, 2018, 08:29:11 AM
 #194

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.
rumexx
Full Member
***
Offline Offline

Activity: 476
Merit: 100



View Profile
August 31, 2018, 09:13:32 AM
 #195

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.
katuhakuh
Jr. Member
*
Offline Offline

Activity: 322
Merit: 2


View Profile
August 31, 2018, 01:27:11 PM
 #196

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.
rutherford
Sr. Member
****
Offline Offline

Activity: 624
Merit: 250



View Profile
August 31, 2018, 02:02:37 PM
 #197

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.

█████████████████████████████
██████▀ ▀███████████▀ ▀██████
████▀ ▄█▄ ▀███████▀ ▄█▄ ▀████
███▄ ▀████▄ ▀███▀ ▄████▀ ▄███
█████▄ ▀████▄ ▀ ▄████▀ ▄█████
███████▄ ▀████▄ ▀██▀ ▄███████
█████████  █████ ████████████
███████▀ ▄████▀ ▄██▄ ▀███████
█████▀ ▄████▀ ▄ ▀████▄ ▀█████
███▀ ▄████▀ ▄███▄ ▀████▄ ▀███
████▄ ▀█▀ ▄███████▄ ▀█▀ ▄████
██████▄ ▄███████████▄ ▄██████
█████████████████████████████
..XIRCUS..                       ▄████▄
    ▄███▄              ██████
    █████             ▀████▀
     ▀▀▀ ▀▄         ▄▀
           ▄█████▄
           █████████
           █████████
           ▀█████▀
         ▄▀    █    ▀▄ ▄▄
       ▄▀      █      ████
▄████▄     ▄█████▄   ▀██▀
██████      ███████
 ▀▀▀▀       ▀█████▀
||
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████▀    ▐███████
███████████    ▄▄█████████
▐██████████▀    ▀▀█████████▌
▐█████████▌       █████████▌
▐███████████    ███████████▌
███████████    ███████████
██████████    ██████████
▀████████▄  ▄████████▀
▀████████████████▀
▀▀████████▀▀
OrangeSeller
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 501



View Profile
September 01, 2018, 11:38:05 AM
 #198

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.
HarmonyA
Full Member
***
Offline Offline

Activity: 602
Merit: 100



View Profile
September 01, 2018, 11:55:21 AM
 #199

People have various reason for investing in cryptocurrency, either short or long-term investment. Also, people have various challenges and principle that affect their investment sense. Some doesn't have places to borrow money with low or no interest, while some person dumps out of fear of the unknown. As big as the world, so are challenges. And without selling, there will be no buying which is the essence of trading. Someone will always benefit in the end.

robertsu
Full Member
***
Offline Offline

Activity: 406
Merit: 100



View Profile
September 02, 2018, 02:04:28 AM
 #200

In fact it's  about timeframes. Imagine a person collects a briefcase for the keeping him for the next three years. Another person do a selling in inside the day. Hence the feeling of chaos in some market participants.
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!