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Topic: IEOs from binance not worth holding ? (Read 409 times)

full member
Activity: 1260
Merit: 100
April 30, 2020, 11:09:51 PM
#78
The project listed on binance usually like that. You should see other IEO coins price that were listed on binance.
If you see many IEO coins value keep dropping, then you should not participating on the IEO anymore, except the IEO project is very very good.
full member
Activity: 952
Merit: 110
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
Prices are still higher than IEO prices, so you don't need to worry. After being pumped, the price needs to be adjusted. And I believe that the price of Cartesi will continue to rise soon because this is one of the best projects in 2020
Solana will take the crown this year, even after IEO was over the price pumps alot, since then it never dumps like Cartesi, I guess it still depends on how demanding a project is, Solana is more demanding than Cartesi, that's the point
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
April 30, 2020, 03:27:43 PM
#73
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
You are making a very basic newbie mistake, just because an ieo is being held at binance it does not tell anything about the quality of the project or whether or not it will be a success in the future or if you will obtain profits with the coin, it is better for you to forget about such simplistic way to look at the markets, the only way to tell if a coin is going to be a success is to look at it and read everything you can find about the coin and their developers, most of the time you will find the coin has no chance to become a success and the few that may seem to be worthwhile investments could still fail depending on the situation the market is at the moment.
legendary
Activity: 1498
Merit: 1000
April 30, 2020, 03:21:06 PM
#72
Sometime it worth. For example WazirX has sown most profit several weeks after main listing. So not always the highest ROI is at the beginning of trading. But most time it is )
Wazirx also is like Matic, they don't bring too much profit to investors in the first stage when listed. But after a few weeks, the price began to be pumped up and increased many times over the IEO price. Investing in IEOs at Binance always makes us profitable, the point is that we should seize the opportunity.
full member
Activity: 896
Merit: 115
April 30, 2020, 03:12:38 PM
#71
Holding an altcoin depends on your personal conviction about the project through your research and the p ice level you bought in. So it's a matter of when you bought, why you are holding for long, when to take profit and move on. If it won't be a pump and dump, then the project progress is important otherwise price will keep dumping with other factors being considered.
full member
Activity: 491
Merit: 100
April 30, 2020, 02:19:49 PM
#70
Well I also followed cartesi,it was a thing of joy for community members to find out it was going to list in binance,while it listed and did some percentage increase,it started dipping, it's now upto the team and their marketing  section to continue there ,and find strategies to boast the project,so the fault isn't from binance as they helped the team raise the required hard cap.
sr. member
Activity: 1232
Merit: 331
DAO MAKER
April 30, 2020, 01:36:12 PM
#69
Sometime it worth. For example WazirX has sown most profit several weeks after main listing. So not always the highest ROI is at the beginning of trading. But most time it is )
full member
Activity: 1246
Merit: 116
April 30, 2020, 01:34:58 PM
#68
Ieos on binance or other exchange platforms are worth hodling; but that is not the core message.
The core message is that, all tokens are worth hodling; only time sets them apart from one another.

Which means that you need to do your research, have certain vital informations at hand that will guide when you hodl, and when you need to hodl.
Getting that time right is very important.
member
Activity: 866
Merit: 10
April 30, 2020, 01:21:24 PM
#67
IEO is not a guarantee that prices will remain stable. although IEO is carried out by renowned exchanges. because that guarantees if the project is successful and whether or not it depends on the product of the project. because the exchange is only helpful in terms of marketing that is temporary.
sr. member
Activity: 499
Merit: 250
Chainjoes.com
April 28, 2020, 09:04:26 PM
#66
Am afraid not.. IEO tokens on binance follow a particular trend and they are mostly good for pump and dump after immediate listing. Binance tries as much as possible to favor IEO participants by ensuring token listing price is much higher than IEO price. They do this and often times, the tokens pumps and does x2 to x6 of the IEO price and then the token dumps massively. If you are unfortunate to buy the top and hold thinking of continuous pump, you will likely get burnt. The best is to dump when it does a huge pump and then rebuying at the base prices and holding for a future pump.
It is important that you are fortunate enough to participate in the IEO project at Binance or not because anyone would like to participate in such IEO projects but a lot of competitors make it more and more difficult to participate in. In the past I have participated in 3 IEO projects at this exchange and have made a huge profit so there is nothing to fear if you have a ticket to participate.
hero member
Activity: 1834
Merit: 566
April 28, 2020, 04:38:53 PM
#65
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange
This is totally wrong because the big exchange site will only make there IEO have good liquidity which didnt justify the project success level after the IEO.

then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
You need to understand that most IEOs are operated through hype and you need to be sure of the project utility level, concept and the project team capacity first before invest in any IEO.
jr. member
Activity: 182
Merit: 1
April 28, 2020, 02:28:38 AM
#64
Am afraid not.. IEO tokens on binance follow a particular trend and they are mostly good for pump and dump after immediate listing. Binance tries as much as possible to favor IEO participants by ensuring token listing price is much higher than IEO price. They do this and often times, the tokens pumps and does x2 to x6 of the IEO price and then the token dumps massively. If you are unfortunate to buy the top and hold thinking of continuous pump, you will likely get burnt. The best is to dump when it does a huge pump and then rebuying at the base prices and holding for a future pump.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
April 28, 2020, 02:01:45 AM
#63
Never buy those tokens as they are listed at exchanges, their prices will certainly be 5-10 times higher than the IEO price. So if you buy them, you're definitely on top. Be patient and wait for the prices of those altcoins to adjust and buy. That is the wisest investment
I do agree with you in this case, We can take the inital price of IEO as the floor to determine a good level to take those tokens. If they were trading above the ico price and we will get a big problem caused by we are betting a very big risk that can drowned our money instantly. The bottom will always become the best time to buy for sure.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
April 28, 2020, 12:43:49 AM
#62
Never buy those tokens as they are listed at exchanges, their prices will certainly be 5-10 times higher than the IEO price. So if you buy them, you're definitely on top. Be patient and wait for the prices of those altcoins to adjust and buy. That is the wisest investment
hero member
Activity: 1372
Merit: 503
April 27, 2020, 11:35:38 PM
#61
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
You cant expect a stable price for ieo tokens of course its common that on the first day of trading it will pump hard since the excitement for the project is still there while it decreases as time pass by and this is simultaneous to those who had invested in the project. After earning from their ieo tokens they would jump on other projects on current IEO, thats how simply an investor win. So if you think about it, none really pay attention to the projects of ieo but just on the profits that it can give.
sr. member
Activity: 1050
Merit: 250
April 27, 2020, 08:57:59 PM
#60
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
not all coins will survive at the initial market price, surely they will decline and increase again, it is natural in the cryto world, you should use that moment to buy some coins and wait to get back up again
Traders buy and sell their token in market in order to get profits, and its normal we should not worry about it. moreover in binance which is considered as profitable exchanges when new coin listed have the same condition too. price will not always rise, but it will make correction for a while . if dev team do the right thing in their product update price will continue rise.
sr. member
Activity: 586
Merit: 251
April 27, 2020, 08:54:50 PM
#59
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
Cartesi is still a new project and surely these coins will tend to increase more if the market continues to grow. Of course the first time there will be a lot of big fluctuations occur but surely this coin will soon stabilize and you can choose to invest if you want. However, I usually do not like to buy coins from IEO because the investors here are only interested in profits and it makes me face a lot of risks.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
April 27, 2020, 08:39:44 PM
#58
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
not all coins will survive at the initial market price, surely they will decline and increase again, it is natural in the cryto world, you should use that moment to buy some coins and wait to get back up again
Maybe you have need to see that again the problem is not caused by the decline but the real problem is how deep that will go. As far as I know if this is the big problem for all of people. Imagine when it was always gradually dropping to the bottom and it can only get a small bump and we will face a big lost caused by that.
hero member
Activity: 1554
Merit: 503
April 27, 2020, 07:10:20 PM
#57
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
not all coins will survive at the initial market price, surely they will decline and increase again, it is natural in the cryto world, you should use that moment to buy some coins and wait to get back up again
full member
Activity: 896
Merit: 108
April 27, 2020, 06:58:19 PM
#56
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
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