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.
Topic: IEOs from binance not worth holding ? (Read 406 times)
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$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
Prices are still higher than IEO prices, so you don't need to worry. After being pumped, the price needs to be adjusted. And I believe that the price of Cartesi will continue to rise soon because this is one of the best projects in 2020
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ 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. 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. 
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.
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.
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 )
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.
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.
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.
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. 
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.
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.
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. 
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
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$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
You cant expect a stable price for ieo tokens of course its common that on the first day of trading it will pump hard since the excitement for the project is still there while it decreases as time pass by and this is simultaneous to those who had invested in the project. After earning from their ieo tokens they would jump on other projects on current IEO, thats how simply an investor win. So if you think about it, none really pay attention to the projects of ieo but just on the profits that it can give. 
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ 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. 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. 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..
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
The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.
I never thought the team priced their token that low during their IEO, today the price still is 0.04USD. Didn't the team short-sell themselves when developing their product?
Investors will really be dumping it when the price spikes up to $0.08, it's no wonder that investors who bought at 0.04SUD will really be frustrated.
I disagree with you mate, we have seen many projects over time from Binance succeeded in their rise in price even after their IEO on the exchange. Project as SOL were executed on the exchange and after their IEO the price moved from low to high and all investors were happy be part of the project. Many projects on Binance exchange face many difficulties when the team projects relaxed their project and stay back to grow their project. And with time, the project deteriorating will begin and the project will wnd up like sh*t.
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Many IEO that happened on binance are down more than the IEO price for example Harmony one, the answer I can give you is binance gets the job done and the job is to raise hardcap target for every new projects, anything that happens after that is not binance problem anymore, project teams must do better jobs to make coins or tokens have better value and keep growing.
I agree, Binance is just out there to spice up the IEO thing for a certain project like Cartesi. It would entice the investors to invest and get target amount found for the project but after IEO was succeafully done Binance has nothing to do with the project anymore aside from it is being listed there. The has continue its developments and shows to the community that they are thriving in making innovations in the platforms they have chosen.Many IEO that happened on binance are down more than the IEO price for example Harmony one, the answer I can give you is binance gets the job done and the job is to raise hardcap target for every new projects, anything that happens after that is not binance problem anymore, project teams must do better jobs to make coins or tokens have better value and keep growing.
I agree, Binance is just out there to spice up the IEO thing for a certain project like Cartesi. It would entice the investors to invest and get target amount found for the project but after IEO was succeafully done Binance has nothing to do with the project anymore aside from it is being listed there. The has continue its developments and shows to the community that they are thriving in making innovations in the platforms they have chosen. 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$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
That's a good observation but remember that same thing can still happen to other projects which had IEO on other exchanges.
From my own view, I see it this way, the exchanges, be it Binance or not, helps the project in question to carry out their IEO and help them to success if possible, but after that, the rest of the job falls down to the project team and this is where their idea and use case will start speaking for them. A good team with good use case will try their best which will show on their token's price and vice versa. Also, after IEO it is assumed that most people will dump, hence it is also good to give the project time to see what will happen.
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ 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 think your thread title is confusing, I'm doubting if you participated in that Cartesi IEO, My opinion is this! before you invest in any IEO or other crypto related things you should consider first the risk associated in it. Cryptocurrency investment is a high risk form of investment because of its volatility and weird fluctuation of prices as you mentioned you just closely follow the trading price of CTSI tokens with ranging $0.08 and now its only $0.045 did you know that the IEO price was start at $0.015 cents so it means it was still higher from the IEO price. thats why I dont understand why you are saying "IEOs from binance not worth holding" thats a negative thought to me. If you wish to hold and IEO tokens it was your own choice and the responsibility is also yours and not from Binance or whatsoever. The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.
As far as I know, Celer, FET, Harmony went below IEO price. If someone invested in these altcoins, they would definitely lose money. I agree with OP, don't invest in these altcoins because once listed, the price will definitely go down every day. If we are not successful in IEO then we should ignore them 
The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.
I think it is a little bit early to put Cartesi in evaluation list. Cartesi havent shown its full strength. So far they have one tower defense game and few other dapps (game is most popular their "work"). It is obvious that token price will now go down after IEO. We should look at "them" after half a year and see what they really worth.
Holding does not have to be about ieo tokens from binance but about what such projects has to offer the entire blockchain world in terms of adoption.
Either the ieo token is from binance, kucoin or gate io, focus on the token.
Dyot
Strategize whether the token has a long term use case.
Then decide from your analysis whether to hodl
Either the ieo token is from binance, kucoin or gate io, focus on the token.
Dyot
Strategize whether the token has a long term use case.
Then decide from your analysis whether to hodl
Yes you are absolutely right, this is happening in most of the cases. So in these cases holding will be nothing without loss. But if you are able to buy something from IEO, it will definitely give you a good profit.
The problem is not so many people able to join in the IEO and that means when you are seeing the lottery scheme that alreayd used by exchange site like binance and that will give a lot of benefits only the big holders caused by they can get more ticket. It's a very bad decision to use IEO token as a long term portfolios and it will always result into the loss. 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,
The first and foremost thing you need to understand is that scammers will get hold of new techniques to make money, now everyone knows the shit show the ICO market made, the ICO was a novel idea but then it was swarmed with scammers trying to loot the money and that will be the case with IEO, if you really want to take the risk, invest and get out and never hold for a long time as you never know how long it will last.
The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.
Yes you are absolutely right, this is happening in most of the cases. So in these cases holding will be nothing without loss. But if you are able to buy something from IEO, it will definitely give you a good profit.
Cartesi's success is understandable since they very well in touch with the community, show a strong backline on their coin. Being on Binance is a plus but it isn't sure-kill to success like few IEO brag about to stir up the hype around their coin.
Exactly that... IEOs on Binance are all just pump and dumps.
If you can get in at the IEO stage or sometimes within the first minute of trading becoming available, then you can often secure a nice profit.
However, if you're thinking about holding these tokens long-term, then prepare to be absolutely rent, especially if you bought in at the peak.
Just take a look at the previous IEOs on the Launchpad, compare their IEO price, peak price and current price. You'll find that most pumped to crazy heights, but then fell back to around or even below the IEO price.
Not a gamble I'm willing to take. A project built on hype will not prosper.
If you can get in at the IEO stage or sometimes within the first minute of trading becoming available, then you can often secure a nice profit.
However, if you're thinking about holding these tokens long-term, then prepare to be absolutely rent, especially if you bought in at the peak.
Just take a look at the previous IEOs on the Launchpad, compare their IEO price, peak price and current price. You'll find that most pumped to crazy heights, but then fell back to around or even below the IEO price.
Not a gamble I'm willing to take. A project built on hype will not prosper.
There's a lot of expectations that I've seen how this is going to be a game changer.
But we can't ignore those projects that were committed IEO before on that exchange became successful. And it's just the market that made the prices lower because of different factors.
But we can't ignore those projects that were committed IEO before on that exchange became successful. And it's just the market that made the prices lower because of different factors.
binance only has the task to sell all tokens of the project until it reaches the softcap or hardcap that we often hear as IEO, after all that is done by binance then now it is the job of the project developer to maintain the price, namely by developing the product properly. binance has nothing to do after IEO ends
Feasible or not hold IEO tokens all depend on the quality of the project, not seen from the exchange chosen to do IEO
indeed the place of exchange only provides facilities to carry out transactions between sellers and investors or buyers who wish to participate in IEO while the price movement depends on the support of the developer of the project being developed.Feasible or not hold IEO tokens all depend on the quality of the project, not seen from the exchange chosen to do IEO
so the Binance exchange place can't be blamed when the token price from IEO isn't profitable.
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 ?
Never try to take any IEO for long term hold. I have been following all of IEO platforms and the majority of IEO will be very profitable at the early trade after the end of IEO sale. You can even take all of IEOs that launched on the binance and try to take a small comparison between the early chart and long term chart.
Nothing is reliable and trusted. Binance is the top exchange and they are making profit. Top exchange provides liquidity. I think projects are not successful because of manipulation by the team. Cryptocurrency market is still small. Looks like people are losing on IEO but gaining on Exchange.
binance only has the task to sell all tokens of the project until it reaches the softcap or hardcap that we often hear as IEO, after all that is done by binance then now it is the job of the project developer to maintain the price, namely by developing the product properly. binance has nothing to do after IEO ends
Feasible or not hold IEO tokens all depend on the quality of the project, not seen from the exchange chosen to do IEO
Feasible or not hold IEO tokens all depend on the quality of the project, not seen from the exchange chosen to do IEO
If you see any project that interest you on binance and you missed the IEO launchpad of that project I suggest you wait till price goes down because I'm sure the price will fall later, 70% of IEO projects on binance are down, lower than IEO price today
The game is you have to be the first to dump when its finally listed in the market. If you have invested in Cartesi from the time beginning of it then you could be following their updates on their accounts to learn what is going on. Early investors are the first to dump for they can buy the tokens again when the price dip. You keep watching the market because this is a good project and chances is that it will bounce up right again
Unfortunately, this is the case, if you participate in IEO on binance, then it’s better for you to sell your tokens immediately after listing on binance, because the price will drop sharply and may subsequently drop to zero altogether, so it’s best to do x2-x5 from the very beginning and not be nervous in the future.
I've no idea where you get your news from but there's absolutely no evidence to say IEOs are the best, in fact, if you do just a bit of research, you'll find even on binance, IEOs were doing shit.
You won't even find many of them to see how bad they did as Binance delisted them.
You won't even find many of them to see how bad they did as Binance delisted them.
This is actually true, even if the IEO was held in BNB, there's no assurance that it will do good later on. In my observation, it is better to sell whatever you bought in IEO once it starts trading, at least higher than what you bought. Don't wait for it to increase tenfold because it may never will. As long as you already have profit, sell it. If you will wait for too long, the chance of losing even your initial investments will be high.
When deciding to buy IEO tokens after listing, we must be careful because IEO participants will immediately realize their profits in the short term. If we buy tokens in the early hours of the listing, there is a possibility of making a profit but if we buy a few hours after the listing especially the day after, I think we need to be careful the day before deciding to buy
IEO is profitable only for the short term but there are also some projects whose prices continue to rise or persist after the initial listing. WazirX is one example where prices have persisted and tend to continue to rise
For me, ICO and IEO are the same. It's just that it's another way to introduce it to people and dump their BTC on it as we all know after customers try to buy it. The initial sellers, the people who have the tokens already, are buying out and making the project worse because of the possible inactivity when they got what they wanted, BTC.
I tried it personally, but not on Binance. It was on Bittrex, and I just lost BTC to that, hoping that I would get out more of my investment, but it's the other way around. That's mostly what happens if you try IEO's or ICO's
Just like what others said, it's going to be delisted after a while. So might as well not participate in it.
I tried it personally, but not on Binance. It was on Bittrex, and I just lost BTC to that, hoping that I would get out more of my investment, but it's the other way around. That's mostly what happens if you try IEO's or ICO's
Just like what others said, it's going to be delisted after a while. So might as well not participate in it.
I am also a person who still holds CTSI, yes indeed the price CTSI at Binance has decreased significantly but that doesn't mean IEO coins in Binance aren't worth holding, it depends on the Cartesi Project Developer, Do they want to keep price good or be worthless because of their mistakes.
each token has its own quality. sometimes, the development of the token succeeded in making the price go up, and sometimes not. binance does not guarantee a coin will get better in the future, because after entering into binance, it is the developer's job to increase the price.
so far, I have held back the token of harmony that does IEO in binance, and the price is really high. Well, I have the habit to immediately take advantage of moments like that. Well, if you are sure to hold the token in the long run, then know the development of the project. because it's worth or not a coin, it depends on your research.
so far, I have held back the token of harmony that does IEO in binance, and the price is really high. Well, I have the habit to immediately take advantage of moments like that. Well, if you are sure to hold the token in the long run, then know the development of the project. because it's worth or not a coin, it depends on your research.
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$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
Prices are still higher than IEO prices, so you don't need to worry. After being pumped, the price needs to be adjusted. And I believe that the price of Cartesi will continue to rise soon because this is one of the best projects in 2020
Whatever happens later to IEO projects from binance depends on the project itself, team needs to keep it's value alive by constant developments, those projects that fall below ICO price are weak is all
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?
Glad you mentioned but this is always the case to most IEOs. Check all projects that launched their IEOs on Binance, all of them have gone down a lot from their IEO price but some still stick with their 2x to 3x price, but it will depend on the projects and what is their platform about. I see wazirX not going down that much means many users are patronizing their product and also I always hear matic and band protocol always with huge partnership and lots of progress. Meaning it will still depend to that project but perhaps this is rare ocassion and truly all that will launch there will go down after few days of hype trading.
Many IEO that happened on binance are down more than the IEO price for example Harmony one, the answer I can give you is binance gets the job done and the job is to raise hardcap target for every new projects, anything that happens after that is not binance problem anymore, project teams must do better jobs to make coins or tokens have better value and keep growing.
Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ 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 ?
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