If a token keeps falling, how to save it

[Fortify]

At this point you are the creator and beneficiary of this token, what will you do?

As an investor, it is not your job to save a coin or token. You might be told early in life, or at least when you get into a job environment that is related to it - never try to catch a falling knife, as you are likely to hurt yourself in the process. Let it fall and then you can decide what to do afterwards. If you are the creator of the coin with some sort of end objective, then cashing out should be part of your plan because you ultimately need to convert into fiat currency to eat. However you must identify some sort of unique selling point, otherwise it is liable to get swamped by all the other cookie cutter clones out there. Do not be ashamed to abandon weak projects and move on to something else is good entrepreneurial advice.

[jaberwock]

At this point you are the creator and beneficiary of this token, what will you do?

Well, ideally you need to encourage people to buy it and use it. That could be done with special offers on something if people get the coins, good interest rates for people holding the coins. It really depends on what kind of coin you have and how decentralized it is. Some coins allow burning extra supply, which can also be a useful option. Some are PoS coins, so there's already an incentive to hodl.
But also, the time of tokens is largely over, as many realized that there's too much scam and too much uselessness.
So I'd cut losses and sell for Bitcoin.

Encourage sounds like we are trying hard. IDK but I have a negative feeling with this one. For me, I think I will just promote it the normal and humble way, as I think that is the one that makes people to like it. Each people has their own liking but since we are in crypto, I think yeah that people will like it more if our coin has a good level of decentralization.

This should be the main base of it and then the rest will be, if what it offers or use case. If the coin is centralized, then it can have those features you mentioned there. They only have that, so that they still can attract people to invest on them. A lot of scam projects are also from this category, so we must be careful, especially if we are going to stake them.

[glendall]

perhaps by promoting re-coins, so that they are better known by the public, improving coin education for beginners, and perhaps the last way is by burning coins to reduce circulation and see a reduction in sulpay, because by burning investors are usually attracted to making investments,

[shinratensei_]

depends on which coin if you make a coin that presents product, you should be better working on it to be better, present more feature or innovation even the gimmicky ones for example if you make a interoperability protocol like layerzero then you just do what the competition can't do.
if you are making shitcoin or meme coin in general on the other hand, well most of these coins just gonna fail anyway, without the support of big famous figure your shitcoin probably gonna stay shit coin.

however, most of the new token that are being launched right now usually seeks partnership, its the thing that's most important these days you try to get seed funding and get to know some of the potential future partner for your project like for example you can always try to work with the big exchange, most of the new token i know always trying to get their coin listed at the cost of allocating certain percent of total supply for launchpool in various exchange that way they can get the benefit of exposure to the billions of capital available in the market so their project can thrive.

however only really small amount of project could do that, of course it requires competency, connection and good background that made up the team, the people who invests aren't playing around when it comes to investing. the situation of nowaday is really different to back then where marketing can helps your project being known by people.
right now people prefers legitimacy, if a project having partnership with the big player they'd almost instantly recognize the project as a legitimate and if you observe the market carefully you can easily figure out that most of the coin that reached hundred of millions dollar market cap if not more are the project that got partnership and get big seed funding.

even if your token is already launched and already on the exchange but keeps failing i think having partnership is still the way to go.

[Winterfrost]

At this point you are the creator and beneficiary of this token, what will you do?

I will look for a means to finance it and quickly get more investors to invest and maintain the market running, because the more people are taking off their investment on it the lower its value becomes as well as its chances for survival, after this, then i will try introduce more marketing strategies and if possible, engage more exchange listing on the token, all these could help increase its market potential for increasing more for better performance.

The price of every token is controlled by the buy and selling, so my first step would be to increase the number of those who would believe in the project then have the choice of investing in them which means I have to make things about the project more appreciated by investors especially to those who will invest very hugely. Burning and locking up of some percentage of the total supply will be an interesting way to sustain a good project with enough potential.

[legendbtc]

At this point you are the creator and beneficiary of this token, what will you do?

This question is not appropriate here because most people here are just investors, no one here is a project developer. Not to mention, the investor's purpose and the developer's purpose are completely different. If you are really serious about your project then obviously what you are looking for is a long-term strategy and making your project popular and widely used. But for the investors here who just want to make money quickly and will leave the project after making a profit, no one wants to stay long or support the development of the project to the end. And you can't blame people for this either because everyone knows that besides bitcoin, there is no reliable project for long-term investment in this market. So I don't think you will find the answer you need here.

I'm not advising you to abandon your project, but what I see is that developers will abandon their project and create a new one, and that's what often happens in the market. And that is also the reason why investors often do not have great faith in altcoin projects.

[rhodelmabanal]

At this point you are the creator and beneficiary of this token, what will you do?

creat a token with a use case that fit to the need of the people, because if your tokens is useful the demand will increase and it will make the price rise and not to fall. For example is the play to earn gaming projects many young people are now involved in different gaming apps they are addicted to play on it because they will earn while doing games it fits the new generation with new technology including laptop and cellphones this type of project will surely become profitable depending on how you develope and do marketing strategy.

[sunsilk]

At this point you are the creator and beneficiary of this token, what will you do?

Depends on the purpose but if I am the creator of it, I want it to stay for a long and everyone will be able to use it. So, going back to basics it includes the fulfillment of what's written in the road map, white paper, and as well as with marketing on its side.

From what I have seen with other developers, if their project is in danger. What they're doing is burning a lot of its supply, going on with partnerships and having more exposure through media so that many will see what their project is.

And going back to myself being an owner of it, well, I don't know if I'll be able to fulfill all of that. It's not easy at all to get into these projects and have yourself get an headache on maintaining and promoting it.

[btc_angela]

At this point you are the creator and beneficiary of this token, what will you do?

If you are the developer or at least involved in a big role like CEO, most likely I will like,

>> hire a marketing team to promote your project
>> have bounty or signature campaign here
>> hire crypto influencer
>> be active in your social media account, it should be official and make the announcement
>> of course, developed it more to cater for crypto enthusiast and see value in the project itself

And it just shows that it's easy to create a project, but to maintain it and have the necessary support or consensus of the community? it's going to be very hard.

[ardentvolcanoes]

At this point you are the creator and beneficiary of this token, what will you do?

Depends on the purpose but if I am the creator of it, I want it to stay for a long and everyone will be able to use it. So, going back to basics it includes the fulfillment of what's written in the road map, white paper, and as well as with marketing on its side.

From what I have seen with other developers, if their project is in danger. What they're doing is burning a lot of its supply, going on with partnerships and having more exposure through media so that many will see what their project is.

And going back to myself being an owner of it, well, I don't know if I'll be able to fulfill all of that. It's not easy at all to get into these projects and have yourself get an headache on maintaining and promoting it.

Exactly, if you are the owner and you think the project you created is something that can be useful then you will try all your resources to attract investors to support your project.

The life of the coin is in you, finding what is best will begin at you and it's true that most of those developers resort their way in burning the token
and bring more exposures,

as long as you believe that there's a good use of token you must do whatever way you have to continue the progress
and deliver what you wrote inside the road map.

[0t3p0t]

At this point you are the creator and beneficiary of this token, what will you do?

You need to build a strong, solid community and investors to back your coin to your desired trend. I usually saw this kind of thing in pre-market trades where tokens struggle to go up some of them might fail and few will hold on until success but that's not that easy. Just do your thing and build trust with investors.

[GideonGono]

I would cut loss if I am an investor, but if I am the creator I would try to build a stronger community to make the price stable, make promotion or publicity as well as make sure that the project has a purpose so that the investor would surely come.

[naira]

At this point you are the creator and beneficiary of this token, what will you do?

Large capital, establishing relationships with several wallet Dapps, carrying out promotions by launching airdrop events, staking programs that generate points, attracting large investors to make transactions and much more. Because what I noticed today's crypto projects, especially Layer2, require users to do farming or retro before launch. So basically large funding through structured stages will have a positive impact on a project and most importantly you must really be able to establish good relationships with the community both pre-launch and after by providing incentives. And what's more, the team behind this project is a team of professionals who already have experience in their respective fields.

[Cookdata]

At this point you are the creator and beneficiary of this token, what will you do?

It depend on the type of he tokem/coin you are talking about. If you are a creator of a coin or a token with valuable mission and vision, you need marketing to push it but how they grow depend on how valuable the project is to people. If you create something that is unique and demanding, you don't even need to spend money on marketing that much, what you need is more adoption and partnerships with other projects that are already in the game, if you have something valuable they can gain, they will grow with you.

However, if you are the type of token the crypto environment has turned into, I mean the meme tokens, then I don't know what to say, just continue the lies as you started from the beginning because they don't have anything special to offer other than to lie to their followers and promised kinds of impossible things and once their bags are pump, they dump their bags and move to the next one.

[red4slash]

My suggestion is that maybe this discussion is not too suitable to be placed in the economy and would be better placed in the altcoin section.

For the topic of tokens, of course we have to look at several related projects in the end because after all this is important considering the current situation we actually understand that in the end with the current scheme of things projects or tokens are almost every day popping up and what I feel the situation remains the same where only one of the many existing ones might be worth it to be a benefit for us so it is difficult to find that in the current conditions where we certainly see a lot of tokens or coins that are carelessly made in the end die because they don't have anything interesting in them.

Actually, there is nothing that can be done because even they as developers know something like this will happen but they still make this in the hope that there is a profit that can be obtained later and indeed this method continues to repeat so I don't think we can do much for this kind of thing.

[oktana]

At this point you are the creator and beneficiary of this token, what will you do?

You’ll have to do the same thing you would do if a company you’re managing is falling. Managing a crypto project isn’t so different to me. First, I’d say you figure out why it’s falling, is there something you have implemented that is making people lose faith in the project? When you figure this out, you have to think of different strategies to fix it. If maybe you didn’t go anything wrong and the project is falling anyways, you have to be open minded and look at new ideas which you can implement to build trust. Because people don’t invest in projects without them trusting that they will make money from it. And when it starts falling, you’ve done something for which they are losing trust/confidence.

[bettercrypto]

At this point you are the creator and beneficiary of this token, what will you do?

Nowadays, if you yourself are the developer or creator of the token, and if the coin you made is falling, it means that there is something wrong with what you are doing, because if you really want your token not to fall, you will find a way to maintain the nice community you have established in the field of cryptocurrency, right?

That's what others are doing; you need to be more strategic in marketing, and you need to be closer to the communities you have; make them feel that they need the token that you have, and they should see it as potential in the future, as well as what other tokens are doing in this industry.

[sunsilk]

Depends on the purpose but if I am the creator of it, I want it to stay for a long and everyone will be able to use it. So, going back to basics it includes the fulfillment of what's written in the road map, white paper, and as well as with marketing on its side.

From what I have seen with other developers, if their project is in danger. What they're doing is burning a lot of its supply, going on with partnerships and having more exposure through media so that many will see what their project is.

And going back to myself being an owner of it, well, I don't know if I'll be able to fulfill all of that. It's not easy at all to get into these projects and have yourself get an headache on maintaining and promoting it.

Exactly, if you are the owner and you think the project you created is something that can be useful then you will try all your resources to attract investors to support your project.

The life of the coin is in you, finding what is best will begin at you and it's true that most of those developers resort their way in burning the token
and bring more exposures,

as long as you believe that there's a good use of token you must do whatever way you have to continue the progress
and deliver what you wrote inside the road map.

That's what most of the developers do, they're trying everything to save their project and even asks help to other projects for any collaboration. Because that's how it works for most of them. They collab for the news that they can bring and make the project pump through it.

Otherwise, it's not just a simple collaboration for the token but for the actual use case which is even better and have a stronger long term for the token/project.

If token burning doesn't work, if partnerships and collaboration doesn't work. But if you are believing to your craft and goal of the project then just keep on doing it and proceed to what you just have to do.

[pinggoki]

There's no saving needed, you're not a whale investor after all and the only thing that you can do in that situation would be to get your money out and cut your losses while you still can, save yourself first before the token, there's no way that you'd be able to save it anyway because when people starts to see the price dipping on that token, their minds are thinking of getting out right now of that market as quickly as possible to avoid more losses so even if you save it by injecting more money into the market of that token, it would be a sunk cost because you're basically paying for the others just to get their money out of that token. Maybe a token burning is due for that one just like what @sunsilk has said, less supply means that the value will eventually go up because there's bound to be more people that will want it and then the price pump will go up to the point that it will recover it's stable price again.

[Rasa nanas]

if I am the recipient I will keep it in my wallet (if it doesn't have a price), but if it is possible to sell it I will sell it because it is not recommended to hold new altcoins for too long. however if I were a maker I would create hype and offer the highest possible utility. Hype can be obtained by creating a large community, and a large community can be obtained through airdrops and bounties. high utility will maintain the price of the token in the long term. Apart from that to maintain prices I will burn tokens, buyback, and give rewards to holders (staking).