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Hello friends, I hope everyone is fine. In this publication, I expounded on the different effects of engaging in a token pre-launch project. I believe we would all learn something reasonable after going through.
There are thousands of crypto projects out there in the virtual sphere but then how many of them are real? I have engaged in tens of airdrop claiming but I've now come to the knowledge and observation in the validity of the statement that;
nothing is free even in freetown.
Every genuine project have their ICO's where their about to be launched tokens are sold to the public at subsidized rates and hence, people are at liberty to amass as much as they could. This is exactly what airdrop is all about but then, the launching of the token at a prevailing market price has a lot to say on holders of the coin.
I vehemently fight against opinion by friends especially when it has to do with issues of airdrop offers in performing a specific task and then claim airdrops of a particular token project. After learning what airdrop is all about, I no longer fight for mundane illusions that are only realistic in dreams.
Consequently, many other investors have lost the value of their assets after a whopping offer by different crypto project developers intending to launch their respective token at exorbitantly unattainable market prices.
Many Investors have been stocked in the mod of certain token projects that finally failed at the end of the day. Here comes the need for a more realistic engagement in project developments that has already gained ground in the crypto sphere.
Hence, everything in life has a dual effect and this also applied to the context of my exposition. Nonetheless, let's scrutinize the positive effects of Investing in a crypto project pre-launch offer.
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Positive Effect of Investing in Crypto Project Pre-launch Stage
Least Affordable Rate.
Irrespective of what is happening in the crypto invention where failed projects have littered the clime of the underscored context, investors are prune if I may say, to afford the token at the least affordable rate.
Most of us are acquainted with crypto terms like initial coin offer (ICO) and Initial Exchange Offer (IEO) In this regard, Investors are able to buy those token from the developers and also from most exchanges at diminutive rates.
Holding Large Quantity of The Project Token.
It is usually said that a stitch in time saves nine according to English idioms
Nonetheless, this phase in a token project is known as the early bird phase, which gives Investors the advantage in holding more of the token before it is finally functional in exchanges.
We would also attest that at the launch of the BTC in 2009, it was just offered at a cracker jack bantam rate which made people to snub and even gave it out in exchange for pizza according to coindesk but currently, almost everyone is talking about the BTC and majority of token projects out there are aiming for a consensus mechanism with the trend of the BTC because of its less volatility rate when compared to other tokens.
In essence, early investors of the token project gets a larger share, given to the diminutive rate it's been offered to them.
Easy Sales.
Investors who holds large quantities of the token are advantaged in selling probably a ratio of their holding based on demand than people who jumped into the project after it was successfully launched because the late investors would be trying to amass more of the token while early investors have already made their profit from diving into the project at an early stage.
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Negative Effects of Investing In Unfinished Crypto Projects.
In this regard, we'll be looking into the negative effects of investing in a crypto project pre-launch stage through my assertions below.
Failed Project.
This has been the issue with most crypto projects. I believe we are living in a free but costly world where different developers are at liberty to create fake projects that would only be detrimental to gullible investor.
Many developers don't have what it takes in terms of finances or probably may not have raised enough fund during the ICO of their project thereby resulting in a failed project leaving those that have already invested their money between the devil and the deep blue sea.
Unrealistic Price Target.
Many token developers are usually fond of this', they'll promise investors that despite the prevailing market condition, their token will be launched at positions that aren't possible thereby wooing investors to get into their project.
For instance, there are developers that would offer their coins probably at $0.5 during pre-launch and then promise investors that at launch date, the coin will be launched at their intended exchanges at $10, and finally given to the prevailing market condition on the launch date, the coin got launched at $0.2. leaving investors at the deficit side of the market.
Dumping of The Token Project
This is one of the most deleterious techniques in crypto projects. Most deveopers would burgle into a project and afterwards, they'll dump once they made their profit at the day of the crypto launch, that is after successfully launching their token project on exchanges thereby leaving Investors stranded in a futile expectation that the token price would revamp again.
All these are daily observations which investors must take cognizance of before investing in the pre-launch of any token project.
Solution to Overcoming Token Pre-launch Issues.
Invest What You Can Afford to Lose.
There is no credible investor who would brag he hasn't lose money in most crypto projects, whether they were launched or not but all an investor needs to do is simply invest what you wouldn't be left all alone after a failed pre-launch or lose of fund given to unrealized expectation of coin listing price. I believe that this is the sole solution to the token pre-launch issue.
Token Project Pre-launch is an incredible and advantageous means of amassing a particular token although there are many issues surrounding it as I unriddled above.
We have to invest wisely and also make sure that the proclivity of such token project gaining ground in the crypto sphere is not less than 90%
It is advisable to invest in token projects that are already in existence than going for unrealistic ICO's and IEO 's that may fail on the course of its adoption and funding by investors.
Permit me to draw the curtain after calling the shot to this point. Hope you learnt something? Your questions will be humbly entertained if any. Thanks as I wish to see you in my next article bye.
References:
https://twitter.com/okorodavid19/status/1691770160489640131?s=20
- okorodavid19
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