Binance listing can't erase price dump - page 8.

Tipstar

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Quote from: Festac on April 29, 2020, 05:07:04 AM

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.

It's a general trend that any IEO listed on binance starts with a higher price and decreases to reach around the IEO price. It's the IEO buyers selling their coins for quick profit. The IEO price of cartesi was $0.015 and now it's still trading over $0.04 i.e. the investors still have more than double profit.

Salamstar

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It is known that Binance currently ranks number one among the cryptocurrency trading platforms, and it is natural that the inclusion of a new currency in it will improve the price of this currency, especially as Binance does not only include the currency, but also promotes it.

btc_angela

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Quote from: Festac on April 29, 2020, 05:07:04 AM

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.

Of course, there we can't really control everything, not even top exchanges as we all know that this market is fully decentralised. It is still based on several factors, and we all know for a fact that manipulation is still here in crypto sphere despite the many warnings. That's why we really need to be careful as to where to put our money today, we might think that this project is good in the beginning, but in the long run, we can be played my manipulators and whales around.

Coin_trader

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Quote from: Festac on April 29, 2020, 05:07:04 AM

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.

As you stated and in fact, There is no asset/token/coin that dont suffer on dump even if its the most precious of all. This is an investment so expect ups and down. Binance can provide only liquidity to the token thru its current user but they can't guarantee the movement of the price. You are right there is no bullet proof on dump. This is Crypto and Volatility is REAL.

One thing I observe and experience about listing on binance. They do wash trading to pump the price during the initial listing of the token to catch attention of investors then leave it once a certain period meet. This crap is there business to hype token and I'm sure this included to the terms they sign with the token owner.

JHORN

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Very true, i did few research on many projects that get listed on binance since 2018 and many are down below listed price, let's not treat binance and other top exchanges like Messiah of volatility, price drop will always occur, it's left for project team to keep working hard and not relent just because they made it to binance exchange, constant developments will surely help project to grow higher

Festac

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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.

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