RE: 100K Challenge (Day 010/300) : Crushed by EOS!

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100K Challenge (Day 010/300) : Crushed by EOS!

in challenge •  8 years ago 

That happens every time. Once the hype slows down the price goes down. Worth to mention that there are many whales who participates in ICOs for quick 3-5x profit and sell right after, leaving a huge sell wall. Imagine multiplying millions in a day with 0 effort and they can even re-buy if they want, once the price is low enough for long term profits.

challenge
8 years ago by

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      ·  8 years ago 

    Also, don't worry about the price. It will recover soon, maybe in few months.

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        ·  8 years ago 

      Thanks - and your spot on about he pump and dumps in the Chinese markets ... I'll be more aware of it for the next big ICO

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