Then to add insult to injury, these new investors
often sell their coins for a loss in an attempt to save some of their capital.
In the past, when bitcoin experienced substantial price drops, novice bitcoin investors
often sold their coins to avoid further losses while some exited the market altogether after having concluded that bitcoin is simply too risky for them.
Not exact matches
Before we begin, one important point to note is that many gold dealers, both local and online,
often try to
sell novice investors high - margin «numismatic»
coins.
(A method that's
often synonymous with initial
coin offerings, in which tokens are minted and
sold directly to the public).
Large gold and silver dealers such as Blanchard
often sell a single one - ounce gold American Eagle
coin for approximately 4 to 5 percent above current spot / melt values.
With commodities like gold, it's relatively simple to find dealers to
sell you
coins or bars, albeit
often at a slight markup.
Short term investors that invest in an ICO want to
sell their tokens immediately so
often coins are
sold cheaper than ICO price when the tokens are implemented at the bigger exchanges.