Bitcoin Forum

At the present time, the projects participating in BinanceChain are very well priced. For example, PHX (after joining BinanceChain changed its name to PHB) increased nearly 80% of the value in just 2 days. Next will be BCPT, GTO and ARN. Should we invest?

The fact that IEO lists on Binance is a guarantee is that Binance's Team evaluation team is very close. Moreover, those projects must be truly potential with a clear development strategy. Ensure the future of those projects

So my advice to you is to invest in a project where you can understand if its development strategies and Team are strong or not?
Wish you good luck and success

Why not ? Now the financial market is very popular and, accordingly, those tokens that scroll on its platform are also so if what kind of token gets to this site from those listed by you, then of course it will rise in price and this is another opportunity to make good money.

Investing in any binance project on launchpad is a great ideal and will be good for every investors .

It has change the face of investment and many has benefit from it in a short time while many are still coming .

for binance I have never tried because to invest there because kyc is quite a bit difficult, but many of my friends suggest investing in projects related to binance and some projects that work together with binance can also be quite successful so maybe we should try investment there.

Binance is a big name in crypto and their launchpad are almost sure profit for investors, but that increase will not happen on every project that goes with binance chain, your own research about any projects is necessary for your investment to avoid blaming and frustration listening to others

Does the projects behind the value do something else ? Most of the IEO's after few months on binance are going down . At the start of project trading is doing good as they keep adding exchanges , but when most of the ''top'' exchanges are added , then you can see they are drowning in same boat with other projects . Ofcourse for trading binance is really nice as there is most of the volume

Any project can choose if they want to use any particular Blockchain like Binance, But it depends on the said Blockchain if they want to accept any project to use its network. in the case of Binance It was very strict in terms of accepting application to use its Network chain, unlike Ethereum or other Blockchain its just simple and i dont think its a guarantee for any project token to increased its price if they used the Binance Blockchain, for me the important is the working product or services is the primary driver to create a true demand in the future.

I think that now is a good time to invest 1-2 percent of our money in all this coins. there is a big chance that we will make good money

I think no. Binance ecosystem gives nothing besides a semi-decentralized exchange.

I won't trust a project would choose binance chain because of its hype.

simple, if you believe with binancechain, just put your money to a project that move to binancechain buddy
but remember for me its depends on the project itself, so, dyor before investing is the best idea

Binance is a rather successful organization in the exchange world. Binance projects are quality, so its projects are completely good and safe for investors. So far many projects that they have come up with for the investors, all the project has much potential.

Of course it is worth investing in these projects, while this trend continues. However, be careful, maybe it will end soon, invest wisely.

I also think should invest on that projects, but always if you can do some research do it, and only after invest some money and see if you can make some profit.

I'm a, big fan of binance but to, be candid with you, I noticed most people play around (pump and dump) the tokens which migrate to binance chain. When the news is up, they pump, when it dies down they dump. But you can give the ones you mentioned a try like ARN, the total supply is low, it's kind of undervalued, that's if they can actually achieve their project aim.

I don't know much about Binance Chain, so am undecided on this issue.
What I need to know is how it works. Is it  trustless/permissionless, and decentralized platform. What kind of project does it accept?

Well binance has built its reputation,  though i don't really have much knowledge in the binanceChain ecosystem.  I think you should make some research to be on a safer side.

I think it is good to invest in the project that involves in ecosystem because all we know that binance is a good good and have a good future also as long as you know and understand well the use and the function it will give a good investment. So before you invest make sure that you have a good research.

It should not because you must analyze the fundamental behind the project. I prefer to suggest you participate in any binance IEO rather than buy a rumor about a big increase that caused by the hype created by the binance chain ecosystem.
Have you watched the current price of PHB? it was decreasing a lot gradually and i believe this is only a short hype. you should not bet on this thing.

binance name will bring confidence and faith to investors.at this moment binance give crypto community  many advantages.for example launchpad , dex and binance chain.so personally i will not worry invest in projects that use bnb chain.

What matters in any project is what the project in particular is Offering and not where it is launched. The team are capable of delivering, migrating to Binance chain isn't a criteria that a project will do well or will all of a sudden becomes valuable.
A team that knows what they want will always deliver that's for sure.
So if you come across a project, study it and don't let the blockchain it is launched on to limit you.

It is not a must, I mean not all coins that participate in binancechain ecosystem will be great, of course there will be great ones but that doesn't mean all of them will be. I think there will be good ones and there will be bad ones but looking at what would happen if you invested money into all of them I think you may profit from it.

The idea is the same with ICO during 2017 peak times, like you put in 100 dollars (money can change according to how much you have) and some of them will drop as low as 90 dollars which means losing 90% and that is bad but in the end if you have just one coin that x10 in 10 tries you will still be in profit. In my honest opinion it was harder to keep up with all coins and checking them out individually then just investing, its a lot of work and I think doesn't really worth it.

I dont think so but just i said it is not a factor because if the project is not good enough its useless,and this it not necessarily so its up to you when or where you want to make investments so i go to the project tht can give me huge profits like Dencoin tokens.

I don't really care about projects that join a binance chain, I just buy them and then I can take profit from them  ;D

I don't know, cause many project now use Binance to make some fake hype to their project. They migrate from old chain like Ethereum chain to Binance just for promotion or something like that.
Cause people gonna easily hype with "Binance" name so yeah, still be careful before you choose to invest. Don't regret for every action you make.

For me, the swap projects via Binance Chain are not attractive to invest. It can only fluctuate slightly in the range of 10-15%, so I can't follow all projects that are going to convert to Binance Chain.

The special thing about projects participating in Binanechain is the hype  they get from associating with binance. The hype they get makes the price go very high when they eventually get listed on the exchange. I think its not a bad idea to participate in project associated with binancechain.

I think we have to take longer to analyze projects that participate in BinanceChain, a high increase does not mean that you should immediately invest in it. But in my opinion it's a suitable time to do research. It is not easy to analyze in a short amount of time. But if you want to try it and make an opportunity for your investment strategy, it's actually also a good thing. Because without trying, actually we will never know the results. Please correct my opinion. Thank you in advance.

Now Binance - all this the best in crypto the world. If you see the word Binance - it is unambiguous something interesting. BinanceChain - has to do good for all projects which will use this platform. At the moment the Binance brand is an opportunity for earnings!

Announcing that a coin has migrated to binance chain, is just one of the news that has the potential to grow the coin, because it will create more interest in it. There are still quite a number of such coin planning to migarte.

Two questions; why do you want to invest in those projects? Secondly, have you carry out research to know why they will worth your funds?
I don't think the project being on Binance chain is enough criteria or reason for it to warrant investing, just like other blockchains, if a project lacks the right team with vision it will not do well on the long term.
We need to learn to overlook hype and go for real use case etc.
So study them and know why it's worth investing.

i think you should try to invest Binance. I dont think KYC is difficult, Its too easy man. 5 minutes to passed KYC.

Thank you for your opinion. I think at the moment, the majority of investments in BinanceChain are FOMO. Of course, Binance is a potential place to invest but very few people want to learn about it

I believe Binance will make a big buzz like the ETH in 2017. They have centralized exchanges, DEX exchange, and a lot of products are being developed in their ecosystem. In the future, they will launch the Margin. Binance will almost take over the market and maintain the top 1 in the world, creating a great distance from the top 2.

i never imagin binance exchange could this great.they really understand and able to deliver important product in crypto market.dex exchanges and launchpad be greates product at this moment from binance team.and maybe in future we will see more.

not really. I prefer to invest in old coins, even though they don't participate in binancechain. for now I still doubt the new project, so I won't invest in a project like that.

AFAIK Binance already started margin trade and buy-go crypto with plastic cards. The China based exchange is surpassing all opponents with newly launch of DEX, IEO Launcpad and more. BNB is still undervalued in my opinion.

if you think it's profitable, why not. nowadays it is difficult to determine which one is the best to invest. all projects are easy to manipulate so we must always see them all the time.

For investors Binance Chain or Binance launchpad projects are not supposed to be missed for no reason. Binance is the top dog as far a cryptocurrency exchange in concerned globally. What drive binance project is the fact that the exchange has a high amount of active traders unlike many other exchanges that fake volumes and trading result. Investors should continue to look out for Binance affiliated projecsts

I think it's very risky. Despite the fact that Binance always provides support for its coins and does not allow their price to fall, now there is a risk of market correction and this can negatively affect these coins. Therefore, I recommend to make a purchase at 10% of your budget and set a stop-loss.

It is your funds and only you can decide what project to invest in, but I don't think putting into consideration the blockchain it is launched on matters. Rather what matters is how capable the team is, or what they are really Offering. With this you can make the right decision.

I know some projects in Binance chain and to be honest they are legit companies and have working products. It is smart to invest in Blockmason and Gifto as they have a very hard working developers. All projects in Binance chain have survived the crypto winter and they are a long-term projects.

There is information that if creating token on BinanceChain platform, it will take about 1000BNB. So those who decide to do it will consider it very well to make sure that the money they spend is worth it. No one put their money out just for fun and not do anything to make them valuable.

Indeed, many project who join in binance blockchain are good company and have good and working product. To invest, i dont think its about BinanceChain or others but its about the product or the project itself, if worth to hold for long term, i think its not depend on BNB Chain or ERC-20. Any crypto area good investment as long they have working product

It 's too hard to talk about this. If Binance support less than one or two token, it will fly to the moon.  But in present, binance will support many many token, so i think it so hard to fly. Your money, your decision!

100 BNB is nothing compared with a lot of money already got by the team. Imagine about the hype just temporary and the price of PHB which already migrated to the binance was decreasing a lot. Nothing last forever and everything will move based on the trend and hype.

Yes mate, the more projects they register, and the lesser it is for them to increase again, and I agree with you on this. I know people are so excited hearing that a particular projects gets an increase as high as 800% when launched in Binance chain, and they think this is how every other project will get such increase,

it can be possible actually if Binance don’t bring out projects that often, anticipation sometime on these scarce project is what makes people rush for it, but once they have the mentality now that there are lots of projects to be launched, many investors will calm down to really hose which one they want, so all these fast increase will no longer be seen again then.

Sure, they should be very reliable projects, Binance chain is not like Ethereum smart contract that registers all manner of tokens whether shitcoins scam. We already know how strict Binance is in accepting any project because of their reputation, so I don’t think one should doubt any of those projects provided they are really associated with Binance chain.

Binance chain is really moving forward now and I can see that many quality projects after testing their effectiveness are starting to sign up with them. I think you can still invest in some of these projects because most successful IEO projects usually get over 300 percent increase, so these ones might still get as high as that too.

It should be like this: Binance is the exchange for top/good altcoin mean while Binance DEX is the exchange for lesser good altcoin. When an altcoin gets listed on Binance, it pumps hard with even 50-70% range. Then why not a token getting listed on Binance DEX pump? Not sure a similar pump range but 10-20% is very likely.

I think that this will not be the best idea since this investment method has not yet been tested for profitability.

It's depend on individual because that's your own money, I saw that current have a lot of project switch to Binance Chain, I think most of them is annoucement news then affected the price, my advice is stop and watch, don't buy when the price pump, wait for a while then only decided your investment strategy.

I don't think it is a matter of where the project is launching, that is the blockchain, but our utmost concern should be the underlying potentials within that project and not the hype. Irrespective of the blockchain, there can still be scam projects and genuine ones, so make your research and go for the project you believe in.

Projects that are switching to the Binans blockchain can be called fairly high-quality. Not only that during the transition there is an increase in prices, in the future the projects themselves can also give a good profit.