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Topic: Trading platforms are growing but what about investors ? (Read 1166 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
That's right because most new platforms are only for cheating, so be more careful to make exchanges on new platforms, it's better to do certain things so that there is no such thing as fraud
It would be a overestimation to call a new exchange as a cheating one. There are good among the bad as well. It takes time for a new exchange to grow organically into a bigger one.

Keep Binance aside because of its shill promoters and youtube affiliate whales who marketed it like anything last year. Binance is able to run simply because of its huge listing fees. Its capable of charging it because of this huge social buzz that it had created. Does that mean they are trustworthy - In my opinion they are opposite of trustworthy.
sr. member
Activity: 882
Merit: 250
Does anyone has ever thought about this one? We see that there are huge number of exchangers that are being formed every other month. Most of their ICO's are even starting up with the MVP as it has become easy stuff to code an exchanger over dex and get started with it. Who think that this will be good only if the investors also keeps rising day by day ? I mean if the investors doesnt increase in the number then how can one see use of huge marketplace anyway ? I mean its like there will be big playgrounds but too less players to play!! This will be very costly affair sooner or later.

I do feel that its not worthy if investors are not rising as well !!

Increasing the number of investors surely it will happen in the future, we still need time to be able to see it, because something/anything new doesn't have to bring instant change, everything needs a process of time, thought and energy to make it happen.
at this time maybe cryptocurrency lack of investors caused many fud and restriction from any countries.but soon or later new big investor come to cryptomarket especially after BAKKT trading launched.institution investors with huge money will coming.
member
Activity: 434
Merit: 10
No one can say that trading platform is growing, even though investors are part of a crypto crisis, because we have only one bit of bitcoin cyptocurrencies in the country and are all affected by today's bear market events. It's hard, everyone is waiting for the market rate increase and hopefully that happens soon.
full member
Activity: 602
Merit: 118
Does anyone has ever thought about this one? We see that there are huge number of exchangers that are being formed every other month. Most of their ICO's are even starting up with the MVP as it has become easy stuff to code an exchanger over dex and get started with it. Who think that this will be good only if the investors also keeps rising day by day ? I mean if the investors doesnt increase in the number then how can one see use of huge marketplace anyway ? I mean its like there will be big playgrounds but too less players to play!! This will be very costly affair sooner or later.

I do feel that its not worthy if investors are not rising as well !!

Increasing the number of investors surely it will happen in the future, we still need time to be able to see it, because something/anything new doesn't have to bring instant change, everything needs a process of time, thought and energy to make it happen.
legendary
Activity: 1890
Merit: 1003
Let's simplify the meaning of thread: Smart money vs Dumb money. Smart money aka investor's money flow follows the rules based on experience of economical situations. Average Joe's money aka dumb money is legally robbed by big whales who promises same lifestyle of themselves Wink
jr. member
Activity: 518
Merit: 1
I agree with this statement. Although the market is down, new trading platform projects emerge. For example, today I read that Fidelity will expand its institutional crypto asset trading platform to include the 5 or 7 crypto by market capitalization.
sr. member
Activity: 1120
Merit: 256
the increase in exchangers every day is beneficial to crypto users, investors and traders because they have many options for trading on many exchanges. on the other hand the exchange itself must improve services in order to get customers

There is a great competition among exchanges right now and you are right when you say they have to improve their services. Also ebe we must be aware that as more exchanges are emerging, so is the scam one. It is the best of our interest to transact only with known and legit one.
Exactly.The more exchangers that are arising today,the more that we should be careful not to be deceived or scammed.I think many of us here have been scammed already so atleast we should know how to identify the legit ones.For me,it would be more fine if investors would gladly come back to invest again in accordance with the growing trading platforms nowadays.

Try to use only the exchanges that you trust and which have been working for a long time. Do not trust the platforms that appeared recently. Be very cautious, and you will avoid the problems.
That's right because most new platforms are only for cheating, so be more careful to make exchanges on new platforms, it's better to do certain things so that there is no such thing as fraud
full member
Activity: 434
Merit: 100
the increase in exchangers every day is beneficial to crypto users, investors and traders because they have many options for trading on many exchanges. on the other hand the exchange itself must improve services in order to get customers

There is a great competition among exchanges right now and you are right when you say they have to improve their services. Also ebe we must be aware that as more exchanges are emerging, so is the scam one. It is the best of our interest to transact only with known and legit one.
Exactly.The more exchangers that are arising today,the more that we should be careful not to be deceived or scammed.I think many of us here have been scammed already so atleast we should know how to identify the legit ones.For me,it would be more fine if investors would gladly come back to invest again in accordance with the growing trading platforms nowadays.

Try to use only the exchanges that you trust and which have been working for a long time. Do not trust the platforms that appeared recently. Be very cautious, and you will avoid the problems.
hero member
Activity: 3052
Merit: 606
the increase in exchangers every day is beneficial to crypto users, investors and traders because they have many options for trading on many exchanges. on the other hand the exchange itself must improve services in order to get customers

There is a great competition among exchanges right now and you are right when you say they have to improve their services. Also ebe we must be aware that as more exchanges are emerging, so is the scam one. It is the best of our interest to transact only with known and legit one.
Exactly.The more exchangers that are arising today,the more that we should be careful not to be deceived or scammed.I think many of us here have been scammed already so atleast we should know how to identify the legit ones.For me,it would be more fine if investors would gladly come back to invest again in accordance with the growing trading platforms nowadays.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
It is true that every other day a new trading platform is coming up, but in this bear market you shouldn't expect a lot of investors in the crypto market. When the market goes in bull trend then investors will huddle again into the market.
Why are we considering the bull market to be the determinant for the new exchanges? Every new exchange that pops up only adds to the cesspit of increasing shitexchanges listing shittokens to get their publicity up and to garner and opinion and name for themselves. Its tiring for the investors to go through every exchange that pops up because their recent big investment token got listed there. There needs to be a sort of regulation in this sphere and not just every ICO to list them that too with huge fees for listing.

These exchanges, not naming them, are the biggest robbers in the world taking huge fees for listing coins and then saying that they give away those coins to charity.
copper member
Activity: 140
Merit: 0
its appalling how new exchanges keep pumping out. one will begin to wonder if exchanges are now competing with ordinary projects. This is also coupled with scam exchanges coming out that will requires participants to perform a KYC stilling users information. i have decided to stay away from the new exchanges and stick with the popular and famous ones around. it will help me concentrate in trading skills and also invest in stable projects.   
hero member
Activity: 1414
Merit: 505
Backed.Finance
the increase in exchangers every day is beneficial to crypto users, investors and traders because they have many options for trading on many exchanges. on the other hand the exchange itself must improve services in order to get customers

There is a great competition among exchanges right now and you are right when you say they have to improve their services. Also ebe we must be aware that as more exchanges are emerging, so is the scam one. It is the best of our interest to transact only with known and legit one.
jr. member
Activity: 262
Merit: 2
the increase in exchangers every day is beneficial to crypto users, investors and traders because they have many options for trading on many exchanges. on the other hand the exchange itself must improve services in order to get customers
member
Activity: 378
Merit: 17
It is true that every other day a new trading platform is coming up, but in this bear market you shouldn't expect a lot of investors in the crypto market. When the market goes in bull trend then investors will huddle again into the market.
newbie
Activity: 66
Merit: 0
For new people to enter the market, exchanges should be very convenient and easy to use. Reliable platforms like CEX or Coinbase are a obvious choice for newcomers. The option of buying cryptos with cards or via bank transfers is also crucial (https://cex.io/buy-bitcoins). New exchanges rarely offer this.
legendary
Activity: 1414
Merit: 1001
Well, over the past six months or so, the market has been dropping constantly, so the new investors are reluctant to invest in the bearish market. Although, many new trading platform have been coming up every months, i believe many of them wouldn't be successful, as investors are not growing.
Trading platform that has much users and big names. Of course they will not be confused with any market conditions. because they still have active users. but for the new trading platform. of course they have to work hard with many promo and innovations to gain popularity so that many traders can use it in current conditions
Trading platforms must have an ability that can attract investors. With a variety of unique services and also a thing that can affect the development of the crypto world, that is what will be chosen. Investors are currently waiting and if someday it is a convincing platform, of course it will attract many investors. need a hard struggle and support from all of us. That is because when the crypto world can develop well, we will also get a good crypto future too.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Does anyone has ever thought about this one? We see that there are huge number of exchangers that are being formed every other month. Most of their ICO's are even starting up with the MVP as it has become easy stuff to code an exchanger over dex and get started with it. Who think that this will be good only if the investors also keeps rising day by day ? I mean if the investors doesnt increase in the number then how can one see use of huge marketplace anyway ? I mean its like there will be big playgrounds but too less players to play!! This will be very costly affair sooner or later.

I do feel that its not worthy if investors are not rising as well !!
I do not see the point of worrying about that subject, those are private businesses and they are taking a calculated risk of creating an exchange when they know the market is not in the best of conditions, if they succeed good for them and if they don't that doesn't affect us because as you say there are many exchanges out there that can replace them without any problem.
hero member
Activity: 1008
Merit: 501
Well, over the past six months or so, the market has been dropping constantly, so the new investors are reluctant to invest in the bearish market. Although, many new trading platform have been coming up every months, i believe many of them wouldn't be successful, as investors are not growing.
Trading platform that has much users and big names. Of course they will not be confused with any market conditions. because they still have active users. but for the new trading platform. of course they have to work hard with many promo and innovations to gain popularity so that many traders can use it in current conditions
sr. member
Activity: 882
Merit: 250
Does anyone has ever thought about this one? We see that there are huge number of exchangers that are being formed every other month. Most of their ICO's are even starting up with the MVP as it has become easy stuff to code an exchanger over dex and get started with it. Who think that this will be good only if the investors also keeps rising day by day ? I mean if the investors doesnt increase in the number then how can one see use of huge marketplace anyway ? I mean its like there will be big playgrounds but too less players to play!! This will be very costly affair sooner or later.

I do feel that its not worthy if investors are not rising as well !!

yes the actual conditions will be very difficult to deal with, investors who are the only ones, and also fewer people who want to participate in crypto while too many projects, exchange is available. so, in addition to focusing on these split investors, they can also make new exchanges not have good buy orders
at this moment cryptocurrency market lack investors.much of them left from market cause suffering lots loss.so now the condition was unbalance between amount of exchanges and its traders or investors.
legendary
Activity: 1512
Merit: 1041
No matter how many exchangers are created, they will be used. And in the end there will be only the best. Each exchange offers different working conditions, different level of security and money withdrawal. In what exchanges coins are more, some less. I think that everyone chooses the exchange on which it is more convenient to work.
This is even a space that is still growing daily and there is every chance that we will get to see a huge adoption with the way things are going.

The only major problem I see here is that people are certainly not patient enough to know that the market is evolving and for sure, the institutions are seeing a huge prospect here and the last time I checked, they surely will not want to be entering a market that has already gone big and also, we have to understand the fact that they know a lot of people actually bought into the market out of greed and they will want to chase them out at loss. Just make sure you are notone of those people.
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