It is right that when binance announce any coin listed then there would be pump in price. We should invest in these types of coins.
I am somewhat satisfied with your point that we should invest in binance listed coins because the coins on binance have high potential to pump.
Topic: 90% chances if a coin is listed in Binance it has a good potential - page 14. (Read 2986 times)
May 01, 2021, 05:00:17 AM
May 01, 2021, 04:53:38 AM
looking at the facts now, that's Yes! Binance has established itself as one of the best exchanges. Every coin that is just rumored to be released has been monitored and will be hunted down. The amount of hype between investors and traders who believe in the sustainability of the coin is what makes the potential of the coin even greater. and it's all because of Binance.
legendary
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May 01, 2021, 04:39:19 AM
This is not entirely true, there are times when Binance turns out to be listing coins which are completely useless. These coins which are a failed product, are usually coins that have a development project stuck and Binance decides to delist these coins.
We can't completely trust Binance 100% when it comes to listing new coins. Still, a little research is needed to be sure that the coins listed on Binance are potential coins.
We can't completely trust Binance 100% when it comes to listing new coins. Still, a little research is needed to be sure that the coins listed on Binance are potential coins.
legendary
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May 01, 2021, 04:36:22 AM
It is not entirely true that it's only coins listed on binance that did well in this bull run, coins listed on other exchanges also did very well, but the fact remains that most top altcoins are already listed and trading on binance, binance is a good exchange trusted by millions around the world, and binance doesn't just list a coin, the coin have to number one, be proven very legit, it have to have a verifiable team and working product, plus so many other criteria it has to meet before binance accepts to list it, this is why any coin that gets listed on binance gains the trust of big investors and whales who will start pouring millions of dollars into the coin.
May 01, 2021, 01:59:39 AM
Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
What's your take on this, am I right or wrong?
Share your opinion.
what you said wasn't wrong, but I don't really agree with that. There are a lot of coins that are not listed on Binance but are still going up in the Bullrun this time. Binance exchange does have a big impact on altcoins, but back to the coin itself. if these coins are of good quality and have demand. without binance even if the coin will definitely go up.
May 01, 2021, 01:05:22 AM
Agree with that because Binance definitely wants to keep their good name especially binance is the best exchange in the world, so there is no way if Binance want to put bad coins into their exchange.
May 01, 2021, 12:27:49 AM
Apart from its good reputation, Binance is also the smartest hype coin. every coin is already listed on Binance the general view of the coin is that it is one step ahead. so that the Great Popes have the opportunity to increase the price. so I agree that coins that have been listed on Binance have good potential.
April 30, 2021, 10:55:03 PM
I have similar experience but with the twist in the story mate.
The coins those are listed on the Binance surely comes with amazing economic background because the fees are heavy if you want to get listed on the exchanger like that. Binance as we know is the highly demanding marketplace in the globe and thats why people think any coin that gets listed on the binance has to be genuine one, with big support from the investors. However, this is not the case always. There are ICO buyers, bounty hunters who are always there to sell as soon as the it hits the exchanger like this. So there is initial pump but soon after this surge has passed it will reset to the normal prices. After this things comes down to the real development of project and how much people love the project itself. The prices get decided on that basis. So always choose them based on the roadmap not the exchanger on which it gets listed.
The coins those are listed on the Binance surely comes with amazing economic background because the fees are heavy if you want to get listed on the exchanger like that. Binance as we know is the highly demanding marketplace in the globe and thats why people think any coin that gets listed on the binance has to be genuine one, with big support from the investors. However, this is not the case always. There are ICO buyers, bounty hunters who are always there to sell as soon as the it hits the exchanger like this. So there is initial pump but soon after this surge has passed it will reset to the normal prices. After this things comes down to the real development of project and how much people love the project itself. The prices get decided on that basis. So always choose them based on the roadmap not the exchanger on which it gets listed.
legendary
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April 30, 2021, 10:41:34 PM
Binance itself brings the hype to the coin, even if the coin doesn't have that much potential it could still gets pumped like crazy now adds that to the potential of the coin you'll see that it could get pumped easily however the recent coins listed on binance potentially wise from the perspective of its functionality and innovation is kinda meh but still better than most of the coin in the market. There's reason why so many ICO or IEO investors usually demand or hoping the coin they were invested to gets listed in binance mainly because it increase the odd of such coin to go even higher in price.
April 30, 2021, 07:57:32 PM
Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Even shitcoin can give us profits but only in short term so if you are looking to make some profits and really wanted to take such risk then go and find a random new coin listed on binance but I will never do any day. Each investors has different strategies and mine based on the fundamental analysis not due to some hype around the coin just because it is getting listed on reputed exchange. What's your take on this, am I right or wrong?
Share your opinion.
April 30, 2021, 06:59:11 PM
One of the good things about Binance is reputation, that is, they try their best to always maintain their good reputation and one of the way they do this, is through making sure every project they list is one with good qualities and features thus making them stand out from other exchanges. Therefore I think you are not wrong with your assumption, this bull run has helped many projects, and just like you said, most of these projects are all listed on Binance.
On the other hand, I don't think it makes sense to only invest in coins listed on Binance, the reason is, remember most of those projects were not listed first on Binance right from the onset, some were listed on other exchanges, grew, developed their products before listing on Binance. Thus what I can say is, irrespective of the exchange, that one should try and invest in good projects, because they are the type of projects which last long term as well as the type of projects which can list on Binance at the right time.
On the other hand, I don't think it makes sense to only invest in coins listed on Binance, the reason is, remember most of those projects were not listed first on Binance right from the onset, some were listed on other exchanges, grew, developed their products before listing on Binance. Thus what I can say is, irrespective of the exchange, that one should try and invest in good projects, because they are the type of projects which last long term as well as the type of projects which can list on Binance at the right time.
We can't deny the fact that binance is a reputable exchange but you also need to check the capability of the project.
Because their developments don't rely with binance but on their respective dev team themselves.
Though the chance of making a hit in the market is relatively high if you are in binance, but I believe it is not the ultimate determining factor when you invest a certain project.
It is true that there are some promising projects that are not yet listed in binance, so it is up to you how you will assess each project.
Better choose a project with very good use case that can attract huge number of users. This will sustain their presence in the market.
April 30, 2021, 06:57:36 PM
We can't deny that being listed in Binance isn't that easy for any new project, as it requires a lot of exigencies. But we can't also deny that many shitcoins are also listed in it.
There are a lot of good coins not listed in Binance.
There are a lot of good coins not listed in Binance.
April 30, 2021, 06:12:27 PM
One of the good things about Binance is reputation, that is, they try their best to always maintain their good reputation and one of the way they do this, is through making sure every project they list is one with good qualities and features thus making them stand out from other exchanges. Therefore I think you are not wrong with your assumption, this bull run has helped many projects, and just like you said, most of these projects are all listed on Binance.
On the other hand, I don't think it makes sense to only invest in coins listed on Binance, the reason is, remember most of those projects were not listed first on Binance right from the onset, some were listed on other exchanges, grew, developed their products before listing on Binance. Thus what I can say is, irrespective of the exchange, that one should try and invest in good projects, because they are the type of projects which last long term as well as the type of projects which can list on Binance at the right time.
On the other hand, I don't think it makes sense to only invest in coins listed on Binance, the reason is, remember most of those projects were not listed first on Binance right from the onset, some were listed on other exchanges, grew, developed their products before listing on Binance. Thus what I can say is, irrespective of the exchange, that one should try and invest in good projects, because they are the type of projects which last long term as well as the type of projects which can list on Binance at the right time.
April 30, 2021, 04:57:48 PM
Not all though. There are a few that aren't listed but have a good price. But its true that there are more traders on binance than on robinhood or on coinbase because its a trusted exchange that when they are hacked, they actually refund those affected users to which they gained more reputation. Users started spreading that news. Traders in binance also recommend the exchange to newbies.
April 30, 2021, 04:52:18 PM
I think it should rephrase that potential to pump instead. You're not wrong with what you've said it's just we can easily determine those projects when Binance lists them.
It's a common strategy for those investors that are active in the market and just after the listing, they'll come and go buying that newly listed coin and wait a few hours or days then sell it for profit.
It's a common strategy for those investors that are active in the market and just after the listing, they'll come and go buying that newly listed coin and wait a few hours or days then sell it for profit.
April 30, 2021, 04:51:03 PM
You're not wrong at all. I bought SONM a few days ago and this time i can sell it with more than 10x ROI. That needs only 3 days to get 10x.
The majority of whales are trading on binance and they can pump the coin anytime.
That makes sense if almost all of coins on binance already pumped. Even garbage coin on binance can be pumped by the whales as well.
That proves if the whales gave very big impact to the price.
Im only investing in coins that listed on binance and so far so good.
April 30, 2021, 04:50:45 PM
Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
What's your take on this, am I right or wrong?
Share your opinion.
I think the preferential projects that get this attention is projects from launch pad and high interest projects that CZ always have eye on.
There is something I have observed with most projects listed on binance exchange. The first days of listing always a catastrophic day dump, this is when everyone sell the news and dump the token as soon as its listed on binance. If the project is fundamentally sound, they always bounce back though, some may take time after so many weeks of distribution (technical analysis)
April 30, 2021, 04:43:57 PM
When binance (or coinbase) announces to list a coin than in most cases that coins starts to pump. This is not a new thing. Also most of the times the price comes down again after the initial hype because of the listing announcement. So if you act like you said and only buy coins that are already listed on binance than you are missing that pump and i don't think it is true that the coins that are listed on binance are pumping the most. I am pretty sure all those new meme-coins that came up in the last few weeks performed way better than most binance-listed coins. Of course those meme-coins will die pretty quickly too.
April 30, 2021, 04:39:42 PM
Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
What's your take on this, am I right or wrong?
Share your opinion.
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