rdewilde
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June 01, 2019, 11:58:05 AM |
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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.
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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June 01, 2019, 03:16:41 PM |
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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?
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.
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Stake13
Newbie
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Activity: 42
Merit: 0
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June 01, 2019, 03:21:33 PM |
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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.
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chatedha
Member
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Activity: 247
Merit: 17
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June 01, 2019, 04:06:23 PM |
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I don't really care about projects that join a binance chain, I just buy them and then I can take profit from them
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asbak66
Copper Member
Newbie
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Activity: 560
Merit: 0
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June 01, 2019, 04:25:30 PM |
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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.
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tins
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June 01, 2019, 06:22:19 PM |
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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.
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kanmo
Member
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Activity: 458
Merit: 10
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June 01, 2019, 07:18:37 PM |
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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 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.
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sri.bima
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June 01, 2019, 07:41:48 PM |
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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.
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jcumins
Full Member
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Activity: 312
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
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June 01, 2019, 08:02:07 PM |
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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!
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Mysteryla
Jr. Member
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Activity: 420
Merit: 3
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June 01, 2019, 10:39:47 PM |
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<...>
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.
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irixo10
Full Member
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Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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June 01, 2019, 11:02:30 PM |
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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.
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Khuongcute2503 (OP)
Jr. Member
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Activity: 256
Merit: 2
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June 02, 2019, 02:41:22 AM |
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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.
i think you should try to invest Binance. I dont think KYC is difficult, Its too easy man. 5 minutes to passed KYC.
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Khuongcute2503 (OP)
Jr. Member
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Activity: 256
Merit: 2
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June 02, 2019, 02:45:38 AM |
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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.
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
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Khuongcute2503 (OP)
Jr. Member
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Activity: 256
Merit: 2
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June 02, 2019, 02:50:42 AM |
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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!
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.
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Khuongcute2503 (OP)
Jr. Member
Offline
Activity: 256
Merit: 2
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June 02, 2019, 02:53:26 AM |
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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. [/quote Do you know PHB? It increased by more than 70% when swapped to BinanceChain.
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viananda2525
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June 02, 2019, 04:13:13 AM |
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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!
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.
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Nivia1st
Full Member
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Activity: 821
Merit: 100
Volare.network
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June 02, 2019, 04:23:18 AM |
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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.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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June 02, 2019, 04:38:18 AM |
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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!
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. 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.
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No Pain No blood
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June 02, 2019, 04:45:13 AM |
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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?
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.
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Jeborn
Jr. Member
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Activity: 136
Merit: 1
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June 02, 2019, 05:48:32 AM |
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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
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