Is 75% discount in presale of a project way too high? What do you think will happen to such project giving away too high discount for a presale? Will this cos huge dump or you've seen projects that survives after such massive discount
UPDATE
I meant 75% not $, that was a mistake and thanks for understanding
Well, what normally happens on most presales where I participated no matter what the discount during presale is that presalers usually sell when they gain profit. So what usually happens is that after some time price will eventually drop and that's normal. If you have ever bought some coins/tokens during the presale, and then the presalers dump, that's fine, as long as the project is a legitimate one. You can also add some in your bags and be thankful for the discount. Investing especially in projects with long term roadmap and unique utility are always worth holding. So don't stress yourself to much about what will happen a day after the presale. But make sure you are investing on projects with a great team behind by doing research and not just on memecoins that fully relies on hype.
Discounts are just a marketing strategy to attract investors. You are right that the real and great team behind a project will make it work. Whether it has a small or large discount later when it arrives in the market this will be different. As long as it's legitimate and worth having then 75% is quite interesting of course.
Precisely, it will depend on how the developers will come out, providing usable success,
that kind of discount is very interesting if the concept of the project is for long-term goal, not just a pump and dump asset
that will lead you to lose your money if you failed to sell after the listing.
There are many failures that take place during the hot hypes of ICO's better to learn from that and always be diligent to deal
with your good research.
