Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.
It was apparent that these will end up like that, these exchanges will take money and a share of the money they collect in the name of the project and that is what they look for and there is no way anyone can guarantee that the projects they announce are legit or whether they are having any plans to carry on with the project after collecting the money. 
Topic: IEOs from binance not worth holding ? - page 2. (Read 409 times)
Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.
I understand your sentiments but if binance really wait on the beat coins with true fundamentals maybe it would be the next coinbase but I think they are after coins with market potentials and can easily bring in the big bucks, long term sustainability is not assured
Binance also list projects that have good fundamentals, but the mentality of most investors, who see Binance as an exchange for pump and dump, are the ones that trade in such direction and those buying would also wait for the price to plummet more because they have the assurance.
I also still wonder if Binance intentionally allow those coins to pump beyond the limit, while it drops after some time.
Well, I think it is still better if the rice does not return to the IEO price, even though it plummets.
Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.
I understand your sentiments but if binance really wait on the beat coins with true fundamentals maybe it would be the next coinbase but I think they are after coins with market potentials and can easily bring in the big bucks, long term sustainability is not assured
The IEO token hype is only for a moment where investors to do a significant pumd when trading is opened. but if you do not take advantage of the situation you have failed to achieve large profits. The potential of the IEO coin launching on Binance has a bright future but you also have to research the development of the project and always follow the latest news on the telegram.
I think this will depend on your research findings about the project. Not just because it's on binance but because you have found out enough reason to convince you to hold any IEO token. You may lose you may earn life itself is risky anyways, but taking calculative risk is better
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 ?
Some IEOs on Binance are worth holding but this depends on your entry. Always wait for a dump before buying coins if you plan to hold long term, that's my strategy. The issue is not about binance IEOs but people who FOMO to buy in when price is extremely pumped. People who succeed to get in the IEO always make profit. Even though for some the profit reduces, if they get greedy and don't take profit when necessary. I normally wait for a good entry if I miss out on the IEO and it favors me, gone are the days when i rush in to buy any IEO coin listed on Binance immediately. CTSI mentioned here gave huge profit to many and REKT some who bought very high after the pump.
if you hold it for the long term of course there is no worth of tokens ieo not only binance, almost all ieo will end badly, but in binance there are some interesting tokens one of which is wazirx because it seems like this token is often pumped there and the funny thing is this happens several times, but for other tokens it doesn't seem to get the same treatment, for new tokens ctsi I doubt binance whale won't pump it like wazirx because in my opinion they are not interested in dapps project.
I have recognized that price has grown only after listing on the exchange because many people didn´t have a chance to buy tokens in IEO phase, so they bought on exchange, but for a higher price, but after a time, interest for these coins has fallen down.
It depends on when you buy the IEO coin, if you are lucky to buy during IEO, it is much expected that it will pump probably x3 or more, the best thing to do is to dump during profit and wait for a pull back which will definitely happen, then if your analysis on the coin is solid when in bottom you can buy and expect another way of pump, but buying at high price and holding will lead to rekt
I think IEO success is base on the team behind the project and the exchange which it being conducted matter little in the success and finance is a platform so a team with strong concept may still fail on dominance.
Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.
Exactly. Binance is not doing good at choosing IEO projects. Last year, Binance chose some great tech-based projects like Harmony, Matic, Elrond. Then Perlin shocked me because I don't think Perlin deserves Binance IEO launchpad, from then to now, I think Binance is focusing on profits, or they are not finding better projects anymore! I liked the Cartesi though, but their performance in exchange, no developments except a single game giving me average vibe.
Most IEO at the present time is only the process of pumping and pouring, IEO on binance is no exception.
I have seen a lot of IEOs on big deals fail and become a junk pile.
Perhaps IEO is no different from an ICO except that it will definitely be listed for a certain transaction.
I have seen a lot of IEOs on big deals fail and become a junk pile.
Perhaps IEO is no different from an ICO except that it will definitely be listed for a certain transaction.
Actually, it's not! Don't buy the IEO coin when it gets listed in Binance, rather wait for the dump. As you see Cartesi is highly dumped, so, maybe this is the time to buy Cartesi. After some days, if CZ notices Cartesi coin's down level is not stopping, then he will do something catchy and that will push the Cartesi coin price! This is not perfectly true, but I noticed it several times, so, I am hoping it now!
Most of the IEO buyers sell their coins when the price gets high, and now, in the pandemic situation, everyone is looking for profits, so they are selling cartesi. I am not sure but maybe Cartesi growth is the worst if you compare with other Binance IEO coins!
Most of the IEO buyers sell their coins when the price gets high, and now, in the pandemic situation, everyone is looking for profits, so they are selling cartesi. I am not sure but maybe Cartesi growth is the worst if you compare with other Binance IEO coins!
If you have full confidence in Cartesi then hold on to this because it is only at the beginning that in the future they will try to increase high liquidity on the stock exchange so that more people will trust.
Indeed, Cartesi is only profitable for a short time but this is only temporary and only a few days listed on the exchange so it is likely that in the future it will rise again.
I think all the IEO tokens in binance are worth holding.
Indeed, Cartesi is only profitable for a short time but this is only temporary and only a few days listed on the exchange so it is likely that in the future it will rise again.
I think all the IEO tokens in binance are worth holding.
Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.
there is no such thing as long term gains here on crypto . just dont expect too much so that you can cash out with better profits .
if btc growing then why would ieo coins grow too ? i think both are different . maybe btc grows because people from that ieo sells and switch to btc . and who says ieo are the best ? just because they are already listed on exchange ? well ico can be good too . its only a matter of choice and not by type ( ex . ieo , ico )
if btc growing then why would ieo coins grow too ? i think both are different . maybe btc grows because people from that ieo sells and switch to btc . and who says ieo are the best ? just because they are already listed on exchange ? well ico can be good too . its only a matter of choice and not by type ( ex . ieo , ico )
It is not enough for you to look, you need to see also, there is no way people that got into the IEO would not be happy with Cartesi with the current price because they are still in profit, what I see is that they are trying to shake out some weak hands, remember Matic IEO dumped after the IEO then did something like 50X later
Sometimes if you're lucky enough and have a strong heart on holding some coins that supposed to be a shit coin then pump more than you expect is what you called blessed. I've never experienced it in my life but having that kind of situation should be really profitable. I appreciate when the devs care about the project especially on the early and mid-stages because they are building the foundation and the reputation of such a coin that needs to give back the trust that the investors gave them. 
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 ?
I guess you're just new in this industry. That's the only thing that can inform your apprehension. It's a common practice for coins to drop in price once an IEO or ICO is over. Investors want to take quick gains off the table before coming back to buy low. What you should be looking at is the utility a project has and not the current price. If a project is down because of dump, it can still go up later. Look at BNB for instance. It did an ATH at over $40 late last year. But what's the current price today? Around $15, right? It doesn't mean the coin is dead of course. Also, remember that BNB is a Binance exchange coin too. Dude, just relax. Cartesi will do fine, trust me. legendary
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what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
To answer all your questions directly, Yes binance IEO aren't worth holding if you're a long term holder especially when you don't have the patience to hold through its downward trends due to fud etc. It's preferable you wait untill the crowdfunding is over and all the hypes dies down then you buy when others are selling off their coins although be cautious not to rush into buying vey quick but wait until you see a strong support level.
Most Investors or 99% of the investors that invest in all Binance IEO are after the quick profit it offers, even the project developers use that opportunity to offload some of their holdings as the outrageous listing fees of Binance causes the project lots of expenses that they'll need funds to continue development of the project (fir legitimate ones).
it depends on the project, though they were listed in binance that does not mean that they are really good project.. if you know that your investment is already worth it the price then no need to hold..
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