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RE: Introducing PEPT Token for our new traffic exchange community
Fantastic to hear that you have made a Traffic Exchange community and are looking to make a token as well @fjworld, from my experience a high price compared to the value of keeping the token (for example you buying a lot of tokens from the market) makes people want to sell it, what you need to identify is the objective value of keeping/staking the token (for example staking rewards, diesel pools with rewards, an active community, curation projects, etc), and then keep adding value there, that will make people want to buy it instead, good luck with it and stay awesome.
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Thank you @thisisawesome for the encouragement and sharing your experience.
When you say...
"for example you buying a lot of tokens from the market) makes people want to sell it, "
We may have a different perspective on the purpose of taking a position in a marketplace.
Who knows for sure what one is thinking when it comes to trading something based on perceived value. I didn't think I bought a lot but the word lot is relative. !LOLZ
As per...
"what you need to identify is the objective value of keeping/staking the token "
I am just getting started so I took interest in the tokens that looked good to me. I reviewed the provided information and got familiar with trading patterns. I staked some tokens for various reason. Mostly for longer term value. Depending on what the future brings I can see staking more, I have not decided about delegating yet and generally I am very cautious, mostly avoid, pools, funds and similar investment vehicles.
I did create the #pept token and I created a couple of other accounts. Slowly I will add more content to the traffic exchange community. I am looking to attracting folks across many communities.
I still have to finalize what the price of the pept token will be coming out of the gate.
Thanks again for the share. I look forward to more of it.
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Maybe you missunderstood what I was talking about, I meant your own token PEPT and not other tokens, that is where those apply to what you do with it, and what value other people see in it, good luck.
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