Topic: Binance is a good exchange but don't expect forever surge (Read 553 times)
Of course it depends to the development of the project but binance is already gained popularity we can not blame those people suggesting to list in binance, because they really want to earn profit in just a short time. Of course not all the time the price is always on top because of binance it is just temporary, the price will down anytime. It depends to the project, not the exchange.
Yes, binance is a good exchange, but you need to understand that listing of token on a top exchange does not mean constant surge of price.
The constant surge in price of tokens, depend on the token valuation, worth and also long term projects.
The constant surge in price of tokens, depend on the token valuation, worth and also long term projects.
To be listed at Binance, the project has certainly gone through many different stages and was censored very carefully. IEO at Binance is not easy, but if IEO is here, that project will feel very happy because making money and developing will become more convenient. However, these coins will usually be pumped in the initial period and will adjust when they are no longer interesting to investors.
Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following
1. Legit projects
2. Good volume
3. Good liquidity
4. Profitable launchpad
What binance doesn't guarantee
Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake
Let's stop treating binance like volatility proof
1. Legit projects
2. Good volume
3. Good liquidity
4. Profitable launchpad
What binance doesn't guarantee
Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake
Let's stop treating binance like volatility proof
Binance and the coin are two independent company, Binance can do as much if they find a coin or project that lacks volume and liquidity it can decide to delist it, to avoid losses of investors, so investors should update themselves if the coin they choose to support is delivering.
I notice that some coins that held their IEO in Binance are good when they are starting out but as time goes by they fade away, this is one of the risks be sure you are following the development of the coins you've invested, some of them lose steam after having a good start, you cannot blame but yourself if you fail to sell before it crashes.
We know that not all projects can be successful and it does not depend on how the listing was conducted, after the IEO or on General grounds. But I have more confidence in those projects that conducted their IEO on Binance, because they were additionally verified by the exchange.
You are right but Currently Binance is the most powerful and trusted exchange in the world. So First, a coin list announcement actually becomes a fomo creation. And sow Big pump in the coin.
I notice that some coins that held their IEO in Binance are good when they are starting out but as time goes by they fade away, this is one of the risks be sure you are following the development of the coins you've invested, some of them lose steam after having a good start, you cannot blame but yourself if you fail to sell before it crashes.
We know that not all projects can be successful and it does not depend on how the listing was conducted, after the IEO or on General grounds. But I have more confidence in those projects that conducted their IEO on Binance, because they were additionally verified by the exchange.
I will always try to join binance launchpad projects but I never hold this projects, i saw most of the Binance IEO is successful.
leave is certainty consequently I advise pleasing profits individual the IEO pumps elevated and if you engage in clever hobby in the fling pls approach in return hardly any months shortly as the rate will positively be below IEO penalty
All of the IEO projects here are pleasing to investors, and almost no projects have failed at this exchange. However, to participate, you will have to compete with many other investors and often depend on your luck. In the past, I have participated in more than 4 IEO projects here, and there was a project that helped me earn a 500% profit in a very short time. leave is certainty consequently I advise pleasing profits individual the IEO pumps elevated and if you engage in clever hobby in the fling pls approach in return hardly any months shortly as the rate will positively be below IEO penalty
I will always try to join binance launchpad projects but I never hold this projects, i saw most of the Binance IEO is successful.
leave is certainty consequently I advise pleasing profits individual the IEO pumps elevated and if you engage in clever hobby in the fling pls approach in return hardly any months shortly as the rate will positively be below IEO penalty
leave is certainty consequently I advise pleasing profits individual the IEO pumps elevated and if you engage in clever hobby in the fling pls approach in return hardly any months shortly as the rate will positively be below IEO penalty
How will they go down will be the biggest thing. The first exchanges that was created all decided that they would rather be acquired and they wanted to get out, that was the thing about them they didn't think big, they just wanted to sell and leave so they could live rich which is a good decision for the owner, but not for the exchange.
Binance is the first one that is a bit different, they have actually bought out other companies, the latest one is CMC and I still do not believe that it was for 400 million dollars, that is A LOT of money but doesn't matter how much, they own it now. Which means it can't go down because it got sold to some person who doesn't know how to run, it is still the same CZ we know that runs it. I know eventually it will go down like all others as well but I just can't think of the way how it will all come to an end.
Binance is the first one that is a bit different, they have actually bought out other companies, the latest one is CMC and I still do not believe that it was for 400 million dollars, that is A LOT of money but doesn't matter how much, they own it now. Which means it can't go down because it got sold to some person who doesn't know how to run, it is still the same CZ we know that runs it. I know eventually it will go down like all others as well but I just can't think of the way how it will all come to an end.
I have been around here for sometime, and therefore I would agree with the OP. Binance became the largest cryptocurrency exchange relatively recently. Earlier, it was the Mt Gox, which folded in 2014. After that BTC-e got the crown. They reigned, until the FBI closed down their exchange and arrested Alexander Vinnik. Then it was Cryptopia, which survived for a couple of years. Now it is the turn of Binance and let's see for how long they will remain at the top.
The era of Binance has only dominated for a few years, and it is still too early to talk about the end of this exchange. Currently, Binance focuses a lot on security, so even if a large amount of money is lost, they still have other money, so investors can feel secure when using it. For me, Binance has a huge difference compared to other exchanges and will certainly be very hard to collapse. 
I have been around here for sometime, and therefore I would agree with the OP. Binance became the largest cryptocurrency exchange relatively recently. Earlier, it was the Mt Gox, which folded in 2014. After that BTC-e got the crown. They reigned, until the FBI closed down their exchange and arrested Alexander Vinnik. Then it was Cryptopia, which survived for a couple of years. Now it is the turn of Binance and let's see for how long they will remain at the top.
For sure nothing last forever. Alot of first generation companies come and go so for now Let's rely on Binance for liquidity at the moment till things change. Other exchange will come up to compete.
Other exchange sites will come to compete with binance but binance has already taken some important steps to anticipate that by try to acquisition the important business that can help the adoption. The pump will never remain forever and this market is filled with pump and dump scheme. Liquidity doesn't matter a lot but FOMO was giving a huge impact to increase the liquiditiy of a coin.
For sure nothing last forever. Alot of first generation companies come and go so for now Let's rely on Binance for liquidity at the moment till things change. Other exchange will come up to compete.
Even without binance, nobody should expect forever surge.
For every pumps in the crypto space, there will be definitely be a dump.
This is why it is recommended to always do your research.
For every pumps in the crypto space, there will be definitely be a dump.
This is why it is recommended to always do your research.
That is indeed a great contribution. The majority of the token to maintain its stability is progressive features and regular reports of such to the community members. Binance cannot force the team to make a decision that will be beneficial to the project
The projects listed at Binance are good projects, and they always have volume in this market. But not every project can be profitable for investors because their charts move differently and we need to research it thoroughly before deciding to invest in them.
Because those projects listed on Binance is still under the control of those respective developers. If the developer decides not to push thru their developments and just rely on the traders, definitely the project is heading to its grave. This is the reason why even if BNB has very stringent in selecting their projects, still they can't tell the real intentions of the developers. They will just evaluate on what the projects are submitting to them. So it is also the investors' responsibility to assess the project if they can truly implement their objectives or not or they are just putting a show to the investors.
The projects listed at Binance are good projects, and they always have volume in this market. But not every project can be profitable for investors because their charts move differently and we need to research it thoroughly before deciding to invest in them.
Absolutely mate. Just because a coin is listed on Binance means its value is going to grow forever. The growth of any coin comes entirely from its developmental stages as well as technological accomplishments in this crypto industry.
for starting project its good for them to use binance as their exchange market..but binance is not always as good, because even they put their project in that exchange it depends always to the community if they will trust the project..
Jump to: