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RE: HOW TO FIND SUCCESSFUL AND PROFITABLE ICO - Step By Step Guide (Part II)
Thanks for the part II. That’s indeed baffling to see people talking about a coin/token price being cheap or expensive without understanding what it really means. Again a lot to learn on there for me, thanks for the easy explanation
I think that's just human psychology; they feel they hold "more" by having more tokens, they don't even know how much there are in circulation. That's why most of the winners recently have "low" prices of their tokens, even the ones with large caps
There is truth in that... Especially with new investors, but for the same reason, they lose their money first when bears come and market start bleeding...
Yes, they have weak hands. There are projects I'm invested in that sometimes take a big dip and I don't worry because I know what they're about and the future prospects are solid. But if you don't know exactly what you're investing in, well... you sell at a loss or barely break even and stress out
Almost every day I find someone talking like that... ;)