Topic: HODL Strategy - Exchange Coins (Read 471 times)
Exchange coins are very valuable and most if them dont get enough attention because their prices dont pump as hard as a lot of other altcoins. However, the are a lot more stable investment than the more volatile coins. These type of exchange cryptocurrencies also have an utility and are already serving their purpose, so it makes a lot of sense that someone should have a good portion of their portfolio diversified into the exchange altcoins
This is quite interesting. I am currently holding a couple of those coins with my eyes set on more. The exchange coin i have high hopes for is currently BNB. Cake is another good coin then am currently keeping tabs on apeswap($BANANA) am currently involved in their bounty programme and i must say am impressed with them so far.
Same, I am also very impressed with apeswap ($ BANANA), because in addition to the current token unit price, the team is also trying to develop this project in a better and more serious direction, so I like it.
This is quite interesting. I am currently holding a couple of those coins with my eyes set on more. The exchange coin i have high hopes for is currently BNB. Cake is another good coin then am currently keeping tabs on apeswap($BANANA) am currently involved in their bounty programme and i must say am impressed with them so far.
Exchange Coins is good. As long people really make attention which coin that they will hold. Because some exchanges have chance to collapsed. After collapses, their coins wouldn't usable anymore. If me i will pick on big exchange coins because although chance to collapsed is smaller, i think they are more attract investor to buy and hold it too. So it can made more demands.
Yes I agree, exchange based coins/tokens are definitely having big future as long as those exchanges are with us. Yeah, we need to remember how many exchanges got hacked in the history of cryptocurrencies. So, it is having huge potential and also coming up with similar kind of risks as well. So, needing to diversify across many exchanges will help anyone to hit definite profits regardless of any unexpected event for any one or two exchanges.I am holding BNB and planning to buy kucoins and wazirx exchange based coin/tokens. I am sure these are surely having 10x potential to unveil in coming years; just need more patience to hold them tightly to enjoy good returns later on.
Exchange Coins is good. As long people really make attention which coin that they will hold. Because some exchanges have chance to collapsed. After collapses, their coins wouldn't usable anymore. If me i will pick on big exchange coins because although chance to collapsed is smaller, i think they are more attract investor to buy and hold it too. So it can made more demands.
as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.
Actually, the price of UNI and CAKE is getting higher because people sold it with cheaper price including you, and later many people bought them with a higher floor price. We all learned by our mistakes, and i think there are many new exchange coin/tokens out there. Banana coin from Apeswap is one of them, why don't you try to buy some ?
Many of these coins have huge potential to the downside. If you have limited knowledge of them market don't be so sure you will profit from BNB or Huobi token or anything else right now. It is the market stage where it is the most speculative and you thinking that BNB will reach trillions for absolutely no reason means you will lose money in the end.
If you plan to invest today for long term it is probably the worst time.
If you plan to trade any time is great, as long as you understand trading.
If you plan to invest today for long term it is probably the worst time.
If you plan to trade any time is great, as long as you understand trading.
I would like to talk about the Exchange Coins, which got a huge potential.
I have hand picked few of them, and believe there is a huge potential for these coins to grow in near and far future. Let us share your views and comments.
From the tokens that you have listed i sadly only own a few KucoinShares. I am pretty happy that i own them though becaues i really like the fact that you get a little daily bonus if you hold those KuCoinShares on their exchange. I don't own any BNB which i regret a lot that i didn't buy some of those back in 2017 or even a few months ago but i would personally never buy BNB now. They already did make more then x10 in the last few months so i don't really think that there is room for more multiplications in value also now that the ETH-Fees are going down a bit and the BSC-hype could slow down a little.
I'm also a believer of the possibilities in exchange coin. No doubt we've seen the substantial increase in value of bnb, and I'm looking forward to seeing more exchange coin increase substantially in value. I see possibilities in KCS and hope to see it happening soon.
This is Not a Financial Advise, I am not a Financial Advisor. You should be prepared to loose all the money you put in Crypto, if not do not put in that money.
I would like to talk about the Exchange Coins, which got a huge potential.
In a traditional stock market if you want to buy stocks you need to go through a broker, if you want to buy currencies you need to through a forex broker/trader. These are the ones who mints money irrespective of the markets going up or down.
Unlike a traditional market we don't have these middle men (brokers) in Cypto Markets. We directly deal with the exchanges. Exchanges are the ones that make money irrespective of the market moments (bullish/bearish).
Each crypto exchange has a native token (commonly called as coin) that offers discounts in the trading fee, when you pay the commission using the token that is native to that exchange. Just like how the brokers make money in a traditional market, Cyrpto Exchanges makes money through the commissions collected from the users.
I strongly believe that these tokens should be part of every user with HODL strategy. These are not flying to moon coins but, I see a steady growth with a crystal clear use case. As an example look at Binance Coin BNB, we all know what happened to these coins it was trading in 2 digits few months back, at the time of writing this topic, it was trading at around $650.
I have hand picked few of them, and believe there is a huge potential for these coins to grow in near and far future. Let us share your views and comments.
Spot Exchange Tokens/Coins:
Decentralized Exchange Tokens/Coins:
Lending Exchange Tokens/Coins:
Some of the coins that you mentioned I have invested in the previous months. However, I was unable to hold on any longer as I was tempted by the rising prices. for now I only hold xvs because there is an Airdrop event on May 15. I would like to talk about the Exchange Coins, which got a huge potential.
In a traditional stock market if you want to buy stocks you need to go through a broker, if you want to buy currencies you need to through a forex broker/trader. These are the ones who mints money irrespective of the markets going up or down.
Unlike a traditional market we don't have these middle men (brokers) in Cypto Markets. We directly deal with the exchanges. Exchanges are the ones that make money irrespective of the market moments (bullish/bearish).
Each crypto exchange has a native token (commonly called as coin) that offers discounts in the trading fee, when you pay the commission using the token that is native to that exchange. Just like how the brokers make money in a traditional market, Cyrpto Exchanges makes money through the commissions collected from the users.
I strongly believe that these tokens should be part of every user with HODL strategy. These are not flying to moon coins but, I see a steady growth with a crystal clear use case. As an example look at Binance Coin BNB, we all know what happened to these coins it was trading in 2 digits few months back, at the time of writing this topic, it was trading at around $650.
I have hand picked few of them, and believe there is a huge potential for these coins to grow in near and far future. Let us share your views and comments.
Spot Exchange Tokens/Coins:
- BNB (Binance Coin)
- KCS (KuCoin Token)
- CRO (Crypto.com Coin)
- HT (Huobi Token)
- GT (Gate Token)
Decentralized Exchange Tokens/Coins:
- UNI (UniSwap)
- CAKE (PanCakeSwap)
- SUSHI (SushiSwap)
- BURGER (BurgerSwap)
- 1INCH (1inch)
Lending Exchange Tokens/Coins:
- XVS (Venus)
- AAVE (Aave)
- COMP (Compound)
I have the same thoughts about BNB, It is still not at its peak if we based on the potential of the Exchange and the actual usage of it. I just regret not bagging up BNB on its accumulation period. BNB could suffer some correction from time to time now but I believe that in the future it will go skyrocket.
Many have been regretting that we didn't bag BNB when it was very cheap before. It has risen a lot within a short period of time just after bitcoin's surge in its price.I am holding some BNB in my wallet for actual usage and also waiting for the dips to buy some.
I would do it also but I think the price is quite high already even if it dips.
This coins has made 100% from the beginning of the year untill now. It's only for investors who bought this coins/tokens earlier than now that could adopt the hold strategy since the entered the game at a very low price still expecting the prices of this coins would still pump up taking the prices even higher although it's just a prediction and is open to correction
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Most of your mentioned coins/tokens have already increased a lot. So there is less chance to pump again. So I think we should find other coins for investing. Which can give us atleast 15% profit. 
We do not know for sure about that because the price can get another rally and get more pumps in the future and he can wait for that moment. He can sell his coins/tokens when the price surge higher and not wait for the next high price. But after the coins/tokens get a pump before, the price will go down for a while and if the supports come again, the price will start to rally and reach the next high price. If we can act based on the market situations, we will have a chance to profit.If you do understand the full market cycle the chance are high to gained good amount of profits, the principle of
buying low and selling high, with rinsing every opportunities to buy your assets at it's best price, though there are
many different kinds of strategy coming from different types of investors and traders, what's always best is you
understand what you are doing and you act accoding to your plans.
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.
If you are referring BNB as over-priced, I do not agree with that. There are lots of potentials yet to be unveiled by binance hence we cannot assume that BNB is trading at over bought levels. I agree we may focus on exchange coins/tokens which are into development phase but I feel that would be more risky than what we can invest with binance/kucoin kind of already established exchanges.I have been holding BNB and I am in plan to invest more into few of other exchange based coins and token. I may not rush this time but I am always looking for right opportunity to invest and hold for years.
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.
If you are referring BNB as over-priced, I do not agree with that. There are lots of potentials yet to be unveiled by binance hence we cannot assume that BNB is trading at over bought levels. I agree we may focus on exchange coins/tokens which are into development phase but I feel that would be more risky than what we can invest with binance/kucoin kind of already established exchanges.I have been holding BNB and I am in plan to invest more into few of other exchange based coins and token. I may not rush this time but I am always looking for right opportunity to invest and hold for years.
Most of your mentioned coins/tokens have already increased a lot. So there is less chance to pump again. So I think we should find other coins for investing. Which can give us atleast 15% profit.
We do not know for sure about that because the price can get another rally and get more pumps in the future and he can wait for that moment. He can sell his coins/tokens when the price surge higher and not wait for the next high price. But after the coins/tokens get a pump before, the price will go down for a while and if the supports come again, the price will start to rally and reach the next high price. If we can act based on the market situations, we will have a chance to profit.If you do understand the full market cycle the chance are high to gained good amount of profits, the principle of
buying low and selling high, with rinsing every opportunities to buy your assets at it's best price, though there are
many different kinds of strategy coming from different types of investors and traders, what's always best is you
understand what you are doing and you act accoding to your plans.
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.
Thats true. Even the dex are performing well, if only I bought and hold all those exchange coins even on dex I'm sure I made a lot of fortune. Its true that their liquidity and volume will always stay on top like the bnb, kc's, uni, and Sushiswap. These coins are highly top notch project and I regret not holdimg some of those especially the uni tokens.
not all genuine exchange coins have a very high price, some even have a low price,
but if you apply the system that you mention it has its respective risks.
but if you apply the system that you mention it has its respective risks.
as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.
It's not a big problem that you sold your coins before they reached high. I hope that with the money you received, you bought other coins that brought you profit. Fomo can only happen if you still hold stable coins that can't bring you profit. And in other cases, the market gives us a lot of chances to earn money every day.
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.
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