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Topic: 90% chances if a coin is listed in Binance it has a good potential - page 3. (Read 2986 times)

jr. member
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You are going with 90% that is why i am agreeing with you most of the coin/token that list on Binance had been some usecases but some coin that doesn't have any purpose and even then they listed on binance it is all the strategy Behind the team and token price is also increase after listing on binance it is because of the trust of the community on the binance platform
hero member
Activity: 2954
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I'm just thinking, what if we will just invest blindly in the new coins that are listed in Binance, in that matter, we will be able to get them at the cheapest price, we just have to trust Binance to do the research and just take the opportunity to be one of the early investors.

What do you think about this strategy? Is it foolish, or it could be effective?
hero member
Activity: 670
Merit: 512
I agree with your title. Before Binance was listed, Binance does their own research about the coin. If they think it's a legit project Than they list the coin at Binance. Also, Binance is the world's largest Bitcoin exchange. When a coin is listed there, Most people like to invest their money in this coin.

I have seen, when Binance lists any coin at their exchange. The coins price pump a lot, which means people showing huge interest in the coin. Most people invest their money to make a good profit, they don't want to know where they are investing. Personally, when I do any short-term trade, I like to follow my own rules. I follow the chart, if I found any suitable trade I go for it. If my trade goes against me, I am out of the trade and minimize my risk.
copper member
Activity: 812
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That's because Binance exchange does not carelessly list cryptocurrency on Binance exchange, so that when there is a new cryptocurrency listed on Binance exchange, then people will believe to buy and hold it, so it makes the price can increase very high and the volume of Binance exchange is also very high, so making it easier for the price of cryptocurrency on Binance exchange to increase very high.
member
Activity: 1708
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KUWA.ai
I think the price increase that occurs in tokens or coins listed on binance is because the coins/tokens listed on binance are really good coins/tokens, both in terms of products, finances and a solid team, that's why they can list on binance. So the possibility to pump is high.
member
Activity: 700
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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.
most of them yes because most project in binance have good quality so investors not worry they will met shitcon here and also binance have largest trading volume in crypo market so its why there are several coins pumped hard.

Binance is a large exchange, so it's natural that new altcoin on Binance exchange can increase their price very high and of course trading on Binance exchange is also very good, because Binance exchange have a high volume and low fees, then indeed most of altcoin on Binance exchange, the price can definitely increase very high, so we can get a maximize profit from trading on Binance exchange.
its be another reason why alot coins pumped in few days ago. but its not the only reason, fundamental still be main focus why demand could growth.
legendary
Activity: 3752
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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.

I mean exchange and volume exposure is good to have.  But to blindly think 90% success rate so long as it's on binamce is insane. Yeah in a bull run many coins will go up.  But time and time again coin after coin goes to the graveyard never to rise again during bear markets.  This INCLUDES coins on binance.  I wish there was an easy way to pick something like that out but honestly there isnt.
full member
Activity: 826
Merit: 100
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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.

Binance is a large exchange, so it's natural that new altcoin on Binance exchange can increase their price very high and of course trading on Binance exchange is also very good, because Binance exchange have a high volume and low fees, then indeed most of altcoin on Binance exchange, the price can definitely increase very high, so we can get a maximize profit from trading on Binance exchange.
member
Activity: 686
Merit: 26
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High chances, though not necessary that it will in the end results in a profit itself because there are so many coins which just does not have a good return or some of them even delisted.  But, definitely if you choose the best of the coins from Binance there is high chance that eventually in longer run you will make good profits from it. Choosing the right coin from it is the key.

hero member
Activity: 1834
Merit: 879
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I do agree and this is because listing on the exchange isn't just about you paying the listing fees!
The project has to prove it self without reasonable doubt that it has what it takes to bring liquidity to the exchange and not just another scam project after potential investors and investors money. Sometimes listing on Binance takes the project to compete against other good projects which tells you the popularity and genuineness of the exchange.
full member
Activity: 476
Merit: 107
I do agree with you, most of the projects listed on Binance have good chance of pumping, just announcement that a coin is going to be listed on Binance is enough to pump the price and give 100%. Binance for now is the most liquid exchange for Altcoins in the space and money will always follow liquidity because people want to be able to get in and out of a trade without affecting the price that much
Binance's system is an extremely large publisher as well as advertising, creators always trust and like to sign the contracts listed on this exchange based on its effectiveness, estimated listing costs are probably quite expensive but can confirm the worth for every silver spent, the good potential will increase a few pumps but the bad potential also cannot be affected, some pumps are the least standard for efficiency levels. Binance is an initial dynamite for a project, the potential of the project is in the later parts of the project and how it will spread
Thats true binance is now considered as one of the most famous exchange when you say crypto, so if a coin get listed in binance exchange thats truly a game changer and can almost guarantee a big pump from the day that it is going to be listed however its is really hard since there are lots of criteria and requirements before it get listed.
hero member
Activity: 1316
Merit: 502
I do agree with you, most of the projects listed on Binance have good chance of pumping, just announcement that a coin is going to be listed on Binance is enough to pump the price and give 100%. Binance for now is the most liquid exchange for Altcoins in the space and money will always follow liquidity because people want to be able to get in and out of a trade without affecting the price that much
Binance's system is an extremely large publisher as well as advertising, creators always trust and like to sign the contracts listed on this exchange based on its effectiveness, estimated listing costs are probably quite expensive but can confirm the worth for every silver spent, the good potential will increase a few pumps but the bad potential also cannot be affected, some pumps are the least standard for efficiency levels. Binance is an initial dynamite for a project, the potential of the project is in the later parts of the project and how it will spread
legendary
Activity: 3108
Merit: 1290
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yes of course, even usually when there is news that the coin will be listed on binance, the price of the coin will rise drastically, especially when it is actually listed on binance, because the binance exchange is one of the largest and most popular exchanges, so to be able to list on binance it is very difficult and quite expensive
That's only part of any impact on the new cryptocurrencies that will come to Binance, but over time it will also disappear and appear on other coins alternately at different times, so that's not to be denied.
That pump is normal, but that doesn't mean that it will not pump again, yes, it could be due to the hype but it's a good start for a project that wants to have a good future. Binance is a big exchange, one of the most trusted exchange in the market, in fact when a project is listed, it will automatically gain investors, so it really depends on how the team will develop the project as they already have a good platform that will gain investors.
sr. member
Activity: 1344
Merit: 250
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.
Most of the pumps are happening on big exchanges like Binance. This has made investors earn big profits. It's no wonder that Binance is one of the listing destinations to raise the price of new coins. It has many advantages, because that profit may be the purpose of project listings on Binance. Many whales take advantage of moments to earn lots of money. everyone knows binance is a place to attract many investors by listing on binance because it is very appropriate for listing.
full member
Activity: 1078
Merit: 104
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I don't agree with everything you said, although there are elements of truth in some other things you said. First, one good thing about Binance is that, it goes for good projects which will attract more traders to its exchange, and not just that, projects that will keep having a nice trading volume which is of good benefits to Binance. Binance once in a while delist coins which means at a point some projects which were once good, turns out to be trash.
Secondly, during the last bull run, not only projects on Binance experienced the pump, in fact Kucoin seems to be leading in that aspect, a lot of low cap coins had massive growth. Even in the likes of exchanges like MXC, Hotbit etc, coins were also pumping. Therefore my own conclusions is that, wherever hype locates a coin no matter the exchange it pumps and moreover we were in a bull season so such was expected.
sr. member
Activity: 1204
Merit: 250
what you say is not all true. because we can make investments in other trustworthy exchange markets such as Binance. so I think your conclusion is wrong. although now the altcoins listed on the Binance exchange have increased, that doesn't mean we shouldn't trade on other exchange markets. so my advice please go to other exchanges. because it's not just binance that's increasing. but there are other markets such as huobi, coinone, bittrex and others.
Every cryptocurrency that has increased in one exchange, the other exchanges will also experience an increase even though the ranking of each exchange is different, but for all major exchanges, I think the price of each cryptocurrency will not be much different and it is clear that every trader must look at it multiple exchanges and not just one.
member
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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 you say is not all true. because we can make investments in other trustworthy exchange markets such as Binance. so I think your conclusion is wrong. although now the altcoins listed on the Binance exchange have increased, that doesn't mean we shouldn't trade on other exchange markets. so my advice please go to other exchanges. because it's not just binance that's increasing. but there are other markets such as huobi, coinone, bittrex and others.
hero member
Activity: 1302
Merit: 503
maybe a little bit true, because binance lists coins that they think are good and go through a fairly rigorous selection to qualify on their exchange.
and also most of the coins listed on binance have good development for the long term.
So investing in every coin here may be good but still has risks.
- If we see the volume of the user base, we will know they act responsibly and build trust among users very well, that can't just rely on luck and randomness, it needs a system of limiting mistakes at extremely low, their listing is similar to that of a psychologist, sometimes we don't know the next direction of the market, binance will draw a suitable path and refresh our thinking. Their style is aristocratic and quality styles, very few projects are delisted by them after being listed unless it has affected their users and reputation
sr. member
Activity: 543
Merit: 250
Cryptocurrency users have a tendency of going by the ongoing trends and FOMO. Remember what happened in 2014. Everyone were ignoring exchanges other than MtGox, simply because Gox was the largest exchange. And then what happened? The exchange closed down and the users are yet to receive any reimbursement for their losses. And what happened in 2017-18? A lot of people rushed to invest in the ICOs. The ICO market collapsed, and once again the investors lost their money. Now everyone is going after DeFi and Doge. I am sure that the same will happen this time as well. In case of Binance, I don't want to say too much... just remember what happened to Mt Gox.

Binance has already been hack and see where they stand right now, Strong and formidable. Its all about management and the person who ran the platform. One thing is for sure, binance will survive and can survive if ever there's another hacking incident.

They indeed handled their hacking incident very smartly and thoroughly in regards to transparency and also in regards to reimbursements for affected customers. They were in the favorable position of sitting on a huge pile of cash. If an exchange doesn't have as much money as Binance and gets hacked it is game over for sure.

That is why they are the titans in the business. Everybody knows they can handle problems very well and safely in the best interest of their customers.
hero member
Activity: 1316
Merit: 514
Cryptocurrency users have a tendency of going by the ongoing trends and FOMO. Remember what happened in 2014. Everyone were ignoring exchanges other than MtGox, simply because Gox was the largest exchange. And then what happened? The exchange closed down and the users are yet to receive any reimbursement for their losses. And what happened in 2017-18? A lot of people rushed to invest in the ICOs. The ICO market collapsed, and once again the investors lost their money. Now everyone is going after DeFi and Doge. I am sure that the same will happen this time as well. In case of Binance, I don't want to say too much... just remember what happened to Mt Gox.

Binance has already been hack and see where they stand right now, Strong and formidable. Its all about management and the person who ran the platform. One thing is for sure, binance will survive and can survive if ever there's another hacking incident.
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