altcoin binance smartchain wort it? - page 2.

Ridwan Fauzi

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at the moment it is convenient to operate on the binance smartchain regardless of the value of the altcoins there, the transaction fees have remained just a few cents

That right, but I bet this is will not stand for long time. I mean, the fees for those who use binance network will not always have a low fee because when BNB coin has a high price then I bet the fee for one transaction will high as well.

I still remember when BNB before reach its price right now I just spend $0.00 but now its fee has increased to $0.1. It will be like ETH now, before ETH increase we always told that ETH is a solution than bitcoin but now we said BNB is a solution than ETH.

Josefjix

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yes

There are several great projects on the Binance Smart Chian doing great since inception. Take for example SFP, Cake, treat finance and others I have forgotten to mention here. It is up you as an investor to do your due diligence by researching coins listed on the DEXs available on the BSC. Note; there are several scams there as well.

Father Bitcoin

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Quote from: meldrio1 on March 25, 2021, 11:40:05 AM

Well not all altcoins binance smart chains are good to invest.. You must do your own research the project first because I believe there are some of them are scammy projects. Binance smart chain is getting popular now for sure the scammers will join this trend making their own Binance smart chain altcoin.

Especially with Binance conditions which are predicted to surge in several articles that I make in April, scammers will definitely enter it, considering that many people are tempted by projects related to Binance

meldrio1

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Well not all altcoins binance smart chains are good to invest.. You must do your own research the project first because I believe there are some of them are scammy projects. Binance smart chain is getting popular now for sure the scammers will join this trend making their own Binance smart chain altcoin.

TheGreatPython

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Quote from: celsantiago22 on February 18, 2021, 02:42:00 PM

hello guys what do you think about altcoins, binance, smartchains? all altcoins that binance have were all mooning like cake ,sfp, etc. Do you guys think is it worth it to invest tokens from binance chains?
I see the movement of cake from cent usd to 12 dollars, I'm planning to invest safepal wallet and HOLD It until my target price reach 12 usdt, i don't have much idea with regards of trading but I am eagerly trying to learn.
Give me some cool suggestions guys:)

You can invest in them , if BNB is being bullish then these coins are likely going to be bullish as well. Investing in them at the early time gives you a better position in the market, you have the advantage because you’re going to causing out some good profit when others starts to invest their own money.

And we know it for sure that Binance coin is one of the best cryptocurrencies in the market and it has been growing steady , today alone is already around 80% in the increase of its price. So, you can invest in these coins and if possible you should as well invest in the main coin and then you can continue your HODL.

Reid

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Quote from: lumierre on February 20, 2021, 02:27:19 PM

Binance Smart Chain has already taken a significant percentage of the market share from Ethereum. People are looking for an alternative to expensive fees on the ETHnetwork and BSC is ideal as a replacement. Moreover, the developers of Binance Smart Chain declare that they will do everything possible to maintain low transaction fees on their network. Cool

Good news, indeed.
I just recently viewed this TWT and SFP and other altcoins that had been moving up.
It's real. That's all I could say.
Binance helped a lot for these coins to move forward and I think it is a good choice for investment.
I'd stay with BNB though if you don't want to risk further. Given that it will increase more value thanks to the promise of low tx fees while the speed is still there.

Text

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Quote from: ?? on ??

yes they are good for now or can be said to be trending for now, even after the release on dex bsc the price can increase many times.
But yesterday BNB underwent a deep correction so that the other BSC platform tokens also followed BNB.
all bsc and bnb coins fell above 20%.
You can buy it when it's corrected now or wait for the next IFO to come.

That happens naturally, let's just assume that others are selling some of their holdings for profit and it is easy to do that because the nature of their platform is trading ... It is also an opportunity for them to buy again at a low price because it is obvious what is the trend of this BSC. ETH used to flourish before Binance's smart chain was formed, when it was not yet well known. It is really like that when the value/price increases, the transaction fees become expensive.

jjdub7

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Quote from: celsantiago22 on February 18, 2021, 02:42:00 PM

hello guys what do you think about altcoins, binance, smartchains? all altcoins that binance have were all mooning like cake ,sfp, etc. Do you guys think is it worth it to invest tokens from binance chains?
I see the movement of cake from cent usd to 12 dollars, I'm planning to invest safepal wallet and HOLD It until my target price reach 12 usdt, i don't have much idea with regards of trading but I am eagerly trying to learn.
Give me some cool suggestions guys:)

Definitely the coins associated with the Binance Smart Chain system are worth it. The people from Binance do a lot of things to satisfy the consumers and increase the trust and interest in them. As can be seen, more and more projects are focusing on Binance Smart Chain, which will definitely increase the price of coins from this ecosystem.

avarnet

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Quote from: ice18 on February 19, 2021, 03:20:58 AM

Just be careful in fake and scam projects just like Uniswap the popularity of BSC today are also popular to scammers creating fakes tokens promising websites and eventually scamming investors take a deep research first before new buying altcoins launching on BSC chain they are too hot but also too risky.

Actually, we can choose projects that are already trusted on the BSC blockchain. Like $ Cake, which is currently experiencing a fantastic price increase. I have done staking by buying the price of 1 $, now I have a high profit. indeed you have to be more careful in your selection. many new altcoins are just cheating. however if successful the support from Binance will be quite strong

WalkerIVIV

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It's worth to invest in BSC project as long as that already had a lot of backers and the team already proven its credibility.
That being said if it doesn't matter what kind of platform that used by the project as long as the team is legit and you can try to consider it as the best place to invest your money dude.
It's quite simple to just see the team and development progress.

kevinzxz

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Quote from: SlimShadyMmp on February 18, 2021, 07:43:21 PM

I think most coins on the binance chain will have nice pumps along the way and since ETH gas fees are still high l think BNB chain is the next working option

I agree with you, because I see every projects that uses binance smart chain, then the price will always increase very high and of course the transaction fees from Binance are also very low, so this may be one of the reasons why people and new projects choose to use and invest in binance smart chain, besides that binance smart chain is also very popular at this time and there are even many people who believe if binance smart chain will be able to beat Ethereum in the future, therefore now is the opportunity for us to invest in Binance and altcoin that are on binance smart chain to get a big profit.

Hobo66

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Good idea to invest in bsc smart chain project,because the Eth network became extremely slow and expensive so everyone jumped over to using the BNB dex, also their Binance launch pad is offering awesome returns with airdrops. Unfortunately I figured this out too late to benefit!

lumierre

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Binance Smart Chain has already taken a significant percentage of the market share from Ethereum. People are looking for an alternative to expensive fees on the ETHnetwork and BSC is ideal as a replacement. Moreover, the developers of Binance Smart Chain declare that they will do everything possible to maintain low transaction fees on their network. Cool

ice18

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Just be careful in fake and scam projects just like Uniswap the popularity of BSC today are also popular to scammers creating fakes tokens promising websites and eventually scamming investors take a deep research first before new buying altcoins launching on BSC chain they are too hot but also too risky.

kzel2226

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Quote from: X-ray on February 18, 2021, 11:30:37 PM

It's better to stick over TWT too rather than only put all of your money on SFP. TWT has more utility usage compared with SFP.
SFP is still new but it's overvalued compared with a better coin that was working on the same field. SFP is good but it looks like it's too much to pay $3 for any SFP token.
Is not it better for you to stick to the another coin too? It's always worth to invest in the binance asset as long as that's a legit asset. I think that you know what meant about the legit asset, right?

yep my prediction on sfp it will be down on 1.5usdt to .8 usdt soon and the twt it will be go up to 3usdt soon that only my prediction i see the movement charts of twt they broke resistance now omg twt road to 1usd while sfp they going down ithink?

Text

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There is no doubt that the BSC is continuing to do well. I also noticed the coincidence of the coins you mentioned in the ongoing bull run. Its works can be enjoyed because we know the foundation formed by Binance. It looks like I like it better than the ETH network. But hopefully, their users will keep their preferences especially when it comes to transaction fees even if prices continue to rise.

X-ray

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It's better to stick over TWT too rather than only put all of your money on SFP. TWT has more utility usage compared with SFP.
SFP is still new but it's overvalued compared with a better coin that was working on the same field. SFP is good but it looks like it's too much to pay $3 for any SFP token.
Is not it better for you to stick to the another coin too? It's always worth to invest in the binance asset as long as that's a legit asset. I think that you know what meant about the legit asset, right?

blockman

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The numbers don't lie and those gains from the projects that were built on Binance's Smart Chain are getting traction. They're worth to invest if you have fully understood them.
You just don't invest because they're increasing without putting any time to research. It's a requirement to still research whether those projects were made from BSC or ETHs smart contract. They're all good depending on how you look at them but with certain research.

Bttzed03

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Quote from: hari9981 on February 18, 2021, 06:08:11 PM

~
I dont think safepal will reach 5$ in the short time, the product of safepal only a software wallet and a hardware wallet.

Apart from the products, SFP is also available for farming in DeFi apps like PancakeSwap but I agree that SFP needs more utility to push more adoption and eventually pump the price.

Quote from: hari9981 on February 18, 2021, 06:08:11 PM

Based on Playstore statistic, Trust Wallet users is 50x more than SafePal users.
But TWT price is 5x lower than SFP, so from that fact i dont think SFP will go up in the short time.

You also have to consider the supply factor.

Data from CoinGecko:

TWT ($0.71) - 346,951,186 / 1,000,000,000
SFP ($2.86) - 108,166,667 / 500,000,000

Edsemen

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Quote from: celsantiago22 on February 18, 2021, 02:42:00 PM

hello guys what do you think about altcoins, binance, smartchains? all altcoins that binance have were all mooning like cake ,sfp, etc. Do you guys think is it worth it to invest tokens from binance chains?
I see the movement of cake from cent usd to 12 dollars, I'm planning to invest safepal wallet and HOLD It until my target price reach 12 usdt, i don't have much idea with regards of trading but I am eagerly trying to learn.
Give me some cool suggestions guys:)

That's a good sign if you see movements like that, don't ever give up and keep an eye on it man. If you're having those plans, set it up with 100% percent dedication, because if we might fail there's lacking due to foundation. Having much idea would tend to break, just simple steps success will go next.

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