Topic: Binance listing can't erase price dump - page 2. (Read 1140 times)
Many people blindly believe that if a token gets listed in Binance or Huobi, then it's exchange price will shoot up immediately. I would say that it is wrong way of thinking. Obviously if a project gets listed in a reputed exchange such as Binance, then it will be able to attract a great deal of hype. And as a result of it, initially there may be a spike in the prices. But even then, maintaining the price is possible only if the project showcases its usefulness to the community.
Some people think that a major exchange like binance can influence a crypto asset price. People think that way because an exchange like binance can offer a large number of investors and liquidity. But they also have to understand that all the people are not dumb. People won't throw their money in any project that will be listed on a major exchange like binance.
Then why binance doing some coin operated delisting? I think a project price depends there developed roadmap with the investors. in my opinion if a project keep well strong activity how can development their project continue then price never goone dump. This is the clearly thinking smart investors never invest in death project.
The problem isn't with exchange listing. Most time the project team sells these tokens or the tokens allocated to exchanges probably to negotiate the listing gets sold. If these things do not take effect, a top exchange listing announcement should moon a token but that hasn't been in effect of recent.
Binance announcement of listing comes with some excitement, this has severally causes FOMO, just before binance will open trade, small exchange like hotbit will just unofficially list and the whales will pump and dump there, after the official listing on binance, the party would have been over. Binance comes with FOMO.
I don't think all of them are like that and no one can guarantee that being registered at a binance exchange place can avoid a price dump because I see some altcoins that don't have good development are also still being dumped even when bitcoin prices collapse lots of altcoin prices are collapsing too.
Agree, Any exchange will experience price dump. Crypto currency is indeed volatile, Sometime the reason we experience dump is because of bitcoin. The key factor for an coin rises is the price of bitcoin. When bitcoin is doing well the other coins tend to follow its movement. The same goes from from when bitcoin is falling the prices other coins will also suffer.You can see how cartesi was doing regular update to prevent the dump to the price of its token and that gives a lot of demand to the token to prevent the dump that usually happened with new coin.
Fifty percent of crypto investors don't want to see the coins they hold lose value, they will start criticism and start panicking too, I've seen this happened on few telegram groups I joined, top exchanges can't make this stop unless they turn the token or coin into stable coin which isn't going to happen, this is how Crypto is, price fluctuations is something we are magnet to, we can't escape that.
We need to understand that listing on a very top exchange does not take away negatives or bad side of a project, it only sidelines it for a while when the top exchange hypes is having an effects on its price.
Also it works in 2 determinants, for some projects you need to buy the rumors and sell once its reach the top exchange, while for some projects you need to sell the rumours and buy the news once it fully lists.
Also it works in 2 determinants, for some projects you need to buy the rumors and sell once its reach the top exchange, while for some projects you need to sell the rumours and buy the news once it fully lists.
Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
Well, some coin is overvalued on IEO sale so it wasn't unexpected to see the price fall back. Even with the help of Binance to reach thousand of thousand buyers on the exchange, if buyers see price doesn't reflect coin's real value, re-value out to happen. This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
I'd rather invest on altcoins from binance but there is no way these altcoins won't lose value,
It would at some point, but they will make sure it's not gonna happen. Some coins would stay or even have low volume at one point but it's one of the part of trading.Huh?why need to give the exchange problem about the price dumping?lol this is not their Job because it is from the Developer and team behind each project.
How about trading bot then? Look at Digifinex, its market literally filled up with bot and people are annoyed because of this stupid bot. 
Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
Huh?why need to give the exchange problem about the price dumping?lol this is not their Job because it is from the Developer and team behind each project.
The exchange is only there to let their tokens/coins be tradable but it doesn't mean that they are the one who will dictate the prices.
It is volatility that will decide what will happen to each project,and the supply adn demand is the cause either they will grow?or they will die.
Every single coins that are listed on binance will have their moments for sure but remain at a stable price is impossible, I'd rather invest on altcoins from binance but there is no way these altcoins won't lose value, know that good altcoins are listed on binance, once bitcoin reclaims it's ATH all these altcoins will bring insane profits
Binance listing a coin is normal just like other exchanges but to maintain the price is an entirely different thing because many factors comes to play such as market conditions at that point in time, how the team are playing their own role etc; all these conditions can either lead to an increase in price or a decrease in price. Also, from another point of view, most times when a project that is trading on another exchange wishes to list on Binance maybe through community voting, it's a normal thing for the price to surge because people will buy but it has been seen that once listing takes place on Binance, the coin tends to dump owing to people selling off. This is another case scenario to look at and thus people should be careful of all these coins listing on Binance via community voting, if you want to hold, make sure the team are hardworking so that the project will retain its value.
I'm not sure, but I can still assume that some post-IEO coins that pass on Binance can be transferred to the exchange as payment for listing. Therefore, Binance, having a certain number of coins can influence the price of such a coin so that its price does not fall to the lowest mark until it stabilizes.
Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
The only thing exchanges like binance, Huobi etc can provide for a coin is liquidity so totally agree with you. If anyone thinks that binance listing would make them immune to a price dump then they are crazy.
Price dump is something that top exchanges can't fix ever, since crypto is volatile it's never going to be stable, many are saying some coins loses value or drop below IEO price on binance, what do you expected? That since the coins are listed on binance they should be surging Everytime? well that's not reality.
This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
Binance IEO projects only increased at the beginning, when people stopped fomo, the price would drop dramatically. Here everyone should understand the rules of the game. I am not saying that all alts or tokens are shit, but only a few of them are successful development. So why not follow the crowd, buy tokens at IEO and then sell as soon as the price is pumped up? I used to believe in myself and the promise of a fraudulent CEO, I held it without thinking about the consequences. WPP was listed at Digifinex, one of the big exchanges, but then the price was divided 1000 times after only 3 days. I was shocked and realized that my hold strategy was not right for this type of market. This shows that everyone should become a close friend with research, listing on Binance is not a bullet Proof to dump in value, do your own research even if a project is going binance, use cases are on different levels they are better than other, learn to pick the best.
In crypto space there is no such thing as a magnificent project, Bitcoin dumps in value thousands of time, same thing happens to ethereum, so no matter how great a new project is or which ever exchange they list on, the price will dump for sure.
In fact, there is no such thing as an extraordinary project, but it rarely exists so that it does not appear to the public, and if in my personal judgment, projects that have been successful and have been accepted in many exchanges are extraordinary projects, because of the efforts of the team we must also appreciate the project well, because being successful is not easy.
Many people buy coins that are listed on binance because it's binance exchange, I don't do such, after successful IEO on binance the investors will at a point in time start taking profits, price will surely dump, I don't buy coins at launch until they lose 50% value at ICO price
In crypto space there is no such thing as a magnificent project, Bitcoin dumps in value thousands of time, same thing happens to ethereum, so no matter how great a new project is or which ever exchange they list on, the price will dump for sure.
I don't think all of them are like that and no one can guarantee that being registered at a binance exchange place can avoid a price dump because I see some altcoins that don't have good development are also still being dumped even when bitcoin prices collapse lots of altcoin prices are collapsing too.
Agree, Any exchange will experience price dump. Crypto currency is indeed volatile, Sometime the reason we experience dump is because of bitcoin. The key factor for an coin rises is the price of bitcoin. When bitcoin is doing well the other coins tend to follow its movement. The same goes from from when bitcoin is falling the prices other coins will also suffer.
I don't think all of them are like that and no one can guarantee that being registered at a binance exchange place can avoid a price dump because I see some altcoins that don't have good development are also still being dumped even when bitcoin prices collapse lots of altcoin prices are collapsing too.
Agree, Any exchange will experience price dump. Crypto currency is indeed volatile, Sometime the reason we experience dump is because of bitcoin. The key factor for an coin rises is the price of bitcoin. When bitcoin is doing well the other coins tend to follow its movement. The same goes from from when bitcoin is falling the prices other coins will also suffer. Jump to: