Need suggestion about WRX tokens | Bitcointalksearch.org

Tytanowy Janusz

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Quote from: semobo on August 13, 2021, 11:34:03 AM

WRX boomed after the boom of BNB, and still the influence play a role in its price and its almost stable at certain region which is a lot less from its all time high. As a long term investor I will hold this for sure because the token has potential just like Binance since the wazirx exchange owned by the Binance itself and allowing traders from multiple countries to trade there after KYC completion.

If WRX is owned by Binance ... than for sure "WRX ... has potential just like Binance" sentence is wrong. Binance has a lot bigger potential. Its the biggest crypto exchange which has been paving the way for the entire crypto industry for months. Its also the biggest ETH competitor.
WRX is just a small fraction of binance that focus on India customers only. And India acts like China (ban/unban/ban/unban). So holding WRX is risky, WRX is overvalued compared to kcs or bnb. I would not hold it long term but I would not panic sell either. I would try to find good exit point and transfer founds to BNB (if you want to have exposure to crypto exchange tokens) or BTC (if you dont want to have exposure to crypto exchange tokens, but you believe its not the end of bull run)

babygun

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Quote from: janggernaut on August 13, 2021, 07:20:46 AM

Yes you have missed good price back then. Don't think WRX and BNB coin are same, it's not and still very very far away to say both token are same. WRX will be falling more later, different with BNB which will likely compete with ETH. Better to sell your WRX (if you still HODL it) and exchange it to BNB coin

I agree with this. You can wait on another pump for the WRX tokens (in this crazy market anything can happen) and then sell everything to take your profit. I would invest the money in more established coins such ETH, BNB and offcourse BTC.

semobo

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Quote from: Tytanowy Janusz on August 13, 2021, 10:43:30 AM

WRX is overvaluated compared to alternatives (other exchanges tokes).

For instance KCS (kucoin shares) have evaluation 2 times bigger but 20 times bigger volume. WRX is priced 10 times higher than KCS.
Comparing to BNB. WRX is 146 times smaller but 500 times smaller volume = 3.5 times overvaluated compared to BNB

And both BNB and KCH has its own chains. BNB is even competing with ETH ... even winning in terms of daily TX.

WRX is not worth the price. Most likely will go down. The only thing that may save it is massive bull run on BTC but if its the only reason why WRX will grow... i would rather dump it to BTC.

WRX boomed after the boom of BNB, and still the influence play a role in its price and its almost stable at certain region which is a lot less from its all time high. As a long term investor I will hold this for sure because the token has potential just like Binance since the wazirx exchange owned by the Binance itself and allowing traders from multiple countries to trade there after KYC completion.

Tytanowy Janusz

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WRX is overvaluated compared to alternatives (other exchanges tokes).

For instance KCS (kucoin shares) have evaluation 2 times bigger but 20 times bigger volume. WRX is priced 10 times higher than KCS.
Comparing to BNB. WRX is 146 times smaller but 500 times smaller volume = 3.5 times overvaluated compared to BNB

And both BNB and KCH has its own chains. BNB is even competing with ETH ... even winning in terms of daily TX.

WRX is not worth the price. Most likely will go down. The only thing that may save it is massive bull run on BTC but if its the only reason why WRX will grow... i would rather dump it to BTC.

irixo10

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One of the toughest advice to give to someone is when to sell a coin, because you can give such advice and the person follows only for the coin to pump later on, in as much as the person might not showcase the displeasure, but it will still be recorded within the person, thus the reason it is good to know what you are expecting from a coin and thus knowing when to sell.
On the other hand, WRX is a good token, at least it is an exchange token from one of the top or only exchange from India which shows that the attention will always be there, secondly with their partnership with Binance also keeps it at a good chance of being regarded as a good token with long term reliability. Therefore, if you are in profit already and tired of long term holding, then you can know when to sell, but if you are not tired of holding you can still hold moreover another bull run is likely upon us and another ATH might be achieved; this is just my speculation.

janggernaut

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Yes you have missed good price back then. Don't think WRX and BNB coin are same, it's not and still very very far away to say both token are same. WRX will be falling more later, different with BNB which will likely compete with ETH. Better to sell your WRX (if you still HODL it) and exchange it to BNB coin

Ararbermas

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Quote from: techearn17 on August 13, 2021, 02:02:34 AM

Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

I think the market is good at the moment so you can hold a WRX token and maybe go to the ATH and maybe 10 to 12 dollars. I also made a mistake in selling BNB So my advice is don't sell this exchange token to WRX this would be a good move if you try to increase the number of WRX tokens by trading.

however if op did not sell on that time wherein he's a asking a good advice, probably there's no choice except holding.. Just imagine from $3 and WRX really fell back to $1, and what i noticed at this moment this coin has no stable growth rate in the market .. 11% up and just a seconds it fluctuate to 1%, I don't know if it was a coincidence. But for me WRX isn't a good coin to hold especially long term. Base on what i see on the status itself.. Just saying..

techearn17

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Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

I think the market is good at the moment so you can hold a WRX token and maybe go to the ATH and maybe 10 to 12 dollars. I also made a mistake in selling BNB So my advice is don't sell this exchange token to WRX this would be a good move if you try to increase the number of WRX tokens by trading.

Sayeds56

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Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

The previois ATH of WRX was more than 6 Dollars so i think it is better to hold it with patience and wait for Alts coin Bull run to get stronger and there is possiblity it might go beyond its previous ATH. It is an Exchange token like BNB which is selling now around 400$ and might go further high in coming weeks and months and WRX and BNB have similar use case. I would suggest you to sell WRX when it hits $10 where it can reach easily during the next Bull run. Not a financial advice. DYOR

ragavancoin

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Quote from: DU18 on April 09, 2021, 09:43:01 AM

Quote from: Zotak337 on April 09, 2021, 08:11:34 AM

Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

WRX hits 4$ days back where were you then? Anyways the project is good because it's an exchange token after all, they always perform very good in bull season, I believe this surge is more than enough to pull your gains and wait for another price drop and head back in if you want but I'm certain that bullrun isn't done yet

Currently the price of WazirX tokens has experienced a high enough price increase, which is $ 3.5 in the market, I personally did not think that this token from India could be as high as it is today, but it is quite unfortunate that many of the airdrop participants cannot sell their tokens at once because the WRX token is it is locked, according to the info I got from some friends to speed up unlocking locked tokens by trading at least $ 150 to open as much as 18 wrx / day, or for the full details you can see this table:

Yes mate you are right one of my friend also have around 1750 wrx tokens he has been collected those tokens from referrals when wrx was launched, and wrx tokens will be unlock also most 0.25 tokens per day for me.

susuberuang

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I see WRX has very good prospects in the future, especially after WazirX collaborates with Binance, making the attractiveness of investors towards WazirX increasing, of the course this really boosts WRX's popularity, Currently the price of WazirX tokens has increased quite high, namely around $3 in the market, and I am a sure WazirX will growing in the future, congratulations on those of you who has held this token,

DaMut

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Quote from: ragavancoin on April 07, 2021, 12:13:32 PM

Thank you for your suggestion mate yesterday i have sold my 50% of wrx tokens and remained well be hold for long terms, if wrx tokens comes down around 1usd surely I will buy again.

I am not trying to scare you here but wazirx is just another trend token, if it ever goes below 1$ in the future. I highly doubt it is going to recover to this point because that explains the hype for this coin is died down. either the market is going bearish or something bad happen with it, you can hold the rest of it since you already sold some of them but I recommend you to think twice before buying it again once it goes below 1$. it is very unlikely for it to recover anytime soon once it is going to that level.

DU18

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Quote from: Zotak337 on April 09, 2021, 08:11:34 AM

Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

WRX hits 4$ days back where were you then? Anyways the project is good because it's an exchange token after all, they always perform very good in bull season, I believe this surge is more than enough to pull your gains and wait for another price drop and head back in if you want but I'm certain that bullrun isn't done yet

Currently the price of WazirX tokens has experienced a high enough price increase, which is $ 3.5 in the market, I personally did not think that this token from India could be as high as it is today, but it is quite unfortunate that many of the airdrop participants cannot sell their tokens at once because the WRX token is it is locked, according to the info I got from some friends to speed up unlocking locked tokens by trading at least $ 150 to open as much as 18 wrx / day, or for the full details you can see this table:

Zotak337

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Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

WRX hits 4$ days back where were you then? Anyways the project is good because it's an exchange token after all, they always perform very good in bull season, I believe this surge is more than enough to pull your gains and wait for another price drop and head back in if you want but I'm certain that bullrun isn't done yet

babygun

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Quote from: ?? on ??

Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

WRX is a token for the WazirX exchange (originating from India)
This exchange was acquired by Binance exchange No. 1 in the world. Of course this exchange has a very bright future, as well as the WRX token. If you want to hold it for the long term, that's a good thing.

Well if the WarirX exchange is acquired by Binance, what use will the WRX tokens still have? Binance uses their own token (BNB).
It could be that WRX will pump again in the future, but I doubt that the future is really bright for this coin. If you are in profit, I would sell everything.

MishaSER

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In fact, I would leave these tokens, I also have but only 100 tokens, but some are locked. I will keep them because they have just been noticed, in the future I think the price will rise.

Renampun

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Quote from: ragavancoin on April 07, 2021, 12:13:32 PM

Quote from: X-ray on April 07, 2021, 09:06:19 AM

Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

...

Thank you for your suggestion mate yesterday i have sold my 50% of wrx tokens and remained well be hold for long terms, if wrx tokens comes down around 1usd surely I will buy again.

the price of WazirX tokens has the potential to go up again...
I have seen that since WazirX partnered with Binance, the attractiveness of investors towards WazirX has increased. I am not planning to buy WazirX at the moment but when it goes to $ 1 I will probably buy it.

ragavancoin

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Quote from: X-ray on April 07, 2021, 09:06:19 AM

Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

It looks like yesterday should become the best time to sell your coin but in my opinion if the price can be dumped again anytime. Don't you wanna sell some of your coins? you can get back to the market again later after there will be a big correction for wazirx.
It's better if you can try to secure your profit. The choice is yours but this is only a suggestion. DYOR.

Thank you for your suggestion mate yesterday i have sold my 50% of wrx tokens and remained well be hold for long terms, if wrx tokens comes down around 1usd surely I will buy again.

X-ray

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Quote from: ragavancoin on April 06, 2021, 11:40:10 AM

I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

It looks like yesterday should become the best time to sell your coin but in my opinion if the price can be dumped again anytime. Don't you wanna sell some of your coins? you can get back to the market again later after there will be a big correction for wazirx.
It's better if you can try to secure your profit. The choice is yours but this is only a suggestion. DYOR.

ragavancoin

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I have holding 270 WRX tokens, the WRX price is around $3 per so this is the best time to sell? because today it went 16% down in price so please give me some suggestion regarding WRX tokens price in future.

Topic: Need suggestion about WRX tokens (Read 200 times)