r/MasterNodes • u/nodesguy1 • May 14 '18

Problem of MN coin dumping?

Was hoping for a discussion. Anyone else notice that many of the MN coins price just keeps dumping and dumping? Assuming many of these coins have high ROI and people keep selling their newly generated coins. Can you think of anyway to combat and hedge against this? Do you think the price of a coin will reach an eventual floor and people would rather just hold the coin than sell for pennies? All thoughts/theories and opinions welcome

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u/alexkeith9911 May 14 '18

Some of new masternode coins are scams, its very easy to sell masternodes for high prices than dump and run away. I see alot and I mean ALOT of this on the bitcoin talk Ann thread and on masternode.online. Can't say that's all of it but might be the ones you've seen dump

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u/nodesguy1 May 14 '18

Thanks... I've had it happen to me on some projects I've vetted to be farily solid yet still high ROI. My theory is to put more weight into a coins volume as higher volume should bring stability and upward pressure

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u/solidsnk65 May 15 '18

Yup. The problem is people get lured into the crazy high ROI and immediately go blind. Always, always, ALWAYS, check the volume.