Kvalentine (OP)
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August 09, 2019, 03:28:15 PM |
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Since everyone keeps complaining about new exchanges getting released into crypto space i want you to know that not all these exchanges are going to be bad,many are scam exchanges and few are just here to just be a spare exchange like other exchanges we have already but
What will happen if we never knew any exchange called binance?
What if binance exchange is just getting launched into crypto space in 2019?
No one will know how good binance is going to be unless they take the risks
the fact is there is no way to know,dont get me wrong,what i meant is we shouldn't take our eye off new projects either coins,tokens or exchange projects,do research and take your shots,who knows what will happen tomorrow? NO ONE.
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aioc
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August 09, 2019, 04:32:01 PM |
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Cryptocurrency industry is evolving, we will see many more projects coming in to serve the community, so expect exchanges coming in to challenge Binance or other Crypto project to serve other areas of the community using Cryptocurrency, so we must all keep on the lookout for a next big thing.
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cabron
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August 09, 2019, 04:46:00 PM |
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We will know an good exchange will emerge when its going to be doing good.
But no matter what it always going to end up an DYOR. I tell what is going to happen in the future because we have been here long enough to know that those scam projects will still be SCAM. It won't change at all. It comes and go. Until there is no regularization and we support the scam by promoting them, they'd be part of crypto. SCAMbusters and paranoid users who will accuse new projects will also be here as always.
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laskybok
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August 09, 2019, 05:01:03 PM |
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Exchanges seem to be getting numerous these days, but I feel just like coins are being lunched and where there are those that do not survive, the same will happen to most of the new exchanges. Let them keep lunching, with time the bad eggs among them will be taken out of the good ones. You remember the parable of the tares and the wheat?
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kooboat
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BountyMarketCap
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August 09, 2019, 05:05:48 PM |
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There are still amazing projects that are coming up and we cannot solely depend on the already established projects. We don't know what tomorrow brings but we need to be careful on the kind of project we associate ourselves with as there are still many scam projects out there with hype around them.
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Byakuga
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August 09, 2019, 05:08:02 PM |
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Since everyone keeps complaining about new exchanges getting released into crypto space i want you to know that not all these exchanges are going to be bad,many are scam exchanges and few are just here to just be a spare exchange like other exchanges we have already but
What will happen if we never knew any exchange called binance?
What if binance exchange is just getting launched into crypto space in 2019?
No one will know how good binance is going to be unless they take the risks
the fact is there is no way to know,dont get me wrong,what i meant is we shouldn't take our eye off new projects either coins,tokens or exchange projects,do research and take your shots,who knows what will happen tomorrow? NO ONE.
Its technology we are talking about here,better upgraded version will always be released which is why i believe that kings of today will be easily surpassed by the kings of tomorrow,anything can happen and exchanges like binance or kucoin can be left behind in the future so im less worried about many exchanges coming into crypto space,moreover many of this exchanges wont stand a chance if crypto regulation happens
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valuater
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August 09, 2019, 05:08:59 PM |
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It is true that the crypto project can be difficult to guess and I am always wrong in this regard, considering that a project that is not qualified is actually a good project, research is really needed but there seems to be a lucky factor here.
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Bananington
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August 09, 2019, 05:11:46 PM |
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Personally I do not talk against new exchanges but to be candid we all have to be extremely careful when dealing with new exchanges. It's only wise to take calculated risk and not just taking risk without research. It's true that you have to try out new exchanges before knowing if it's good or not, but it's also wise not to trade big from onset. When it's got reputation, then you can trade big.
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3core
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August 09, 2019, 05:16:22 PM |
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It is true that the crypto project can be difficult to guess and I am always wrong in this regard, considering that a project that is not qualified is actually a good project, research is really needed but there seems to be a lucky factor here.
Cryptocurrency could be the peak of an unstable investment but you should not forget every business model in the real world also have their fair share of risk involved, no one can predict the future. If one feel the reward could be greater than the risk involved, then it is worth trying.
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ceteris paribus /ˌkɛtərɪs ˈparɪbʊs/
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DaMut
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August 09, 2019, 05:16:45 PM |
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Personally I do not talk against new exchanges but to be candid we all have to be extremely careful when dealing with new exchanges. It's only wise to take calculated risk and not just taking risk without research. It's true that you have to try out new exchanges before knowing if it's good or not, but it's also wise not to trade big from onset. When it's got reputation, then you can trade big.
Research is the most important and the most basic thing that we need to have, not only for those new exchanges but for our existing exchanges too. And about reputation, we can not use it as an indicator because of most exchanges could fake those reviews. It's not really hard to do that these days, what we need to do is their capability, transparency, location and compatibility with their users. As long as they meet your demand, why do not you use their exchange?
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sorrros
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ludenaprotocol.io
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August 09, 2019, 05:24:17 PM |
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Big whales are causing dumps. They are buying low and when FOMO starts they are selling? Why? Because they want money now and not in the future just like normal hodlers that believe in the future of cryptocurrencies.
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Icologies
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SAPG Pre-Sale Live on Uniswap!
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August 09, 2019, 05:26:45 PM |
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Since everyone keeps complaining about new exchanges getting released into crypto space i want you to know that not all these exchanges are going to be bad,many are scam exchanges and few are just here to just be a spare exchange like other exchanges we have already but
What will happen if we never knew any exchange called binance?
What if binance exchange is just getting launched into crypto space in 2019?
No one will know how good binance is going to be unless they take the risks
the fact is there is no way to know,dont get me wrong,what i meant is we shouldn't take our eye off new projects either coins,tokens or exchange projects,do research and take your shots,who knows what will happen tomorrow? NO ONE.
research is important. by researching whether it's a new coin or a new project, we can minimize unwanted risks. talking about the best exchange in my opinion is binance, because I always use it when exchanging coins that I have. if binance appears at the beginning of this year, there will be a better exchange before binance exists.
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Weng simok
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August 09, 2019, 06:55:57 PM |
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if binance was launched in year 2019, I think they would not be a big exchange like today, we know the peak of the triumph of cryptocurency was in 2017 so it was very easy for an exchange / project team to develop their company or project at that time because the level of investor confidence in exchanger-based projects is still very large compared to this year, right now we can see many exchanger projects that did not develop at all.
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DoraNile
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August 09, 2019, 07:44:25 PM |
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From the beginning Binance exchange never smooth and secure as now. Even new exchange now offer best of the best opportunity than Binance exchange.
its not a new thing,many projects that are now stronger have a very rough start same as binance too but binance was able to accomplish best reputation due to the pro teams and wise dev binance has,many new projects nowadays ends up been dead when they have a taste of very rough starts. Its always good to take reasonable risks because no one can predict what to come,many projects are fake and yet we still have very good new projects coming into this space
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Mahanton
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August 09, 2019, 07:49:25 PM |
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the fact is there is no way to know,dont get me wrong,what i meant is we shouldn't take our eye off new projects either coins,tokens or exchange projects,do research and take your shots,who knows what will happen tomorrow? NO ONE.
All people do know this line. No one would able to know on what are the things that would happen tomorrow.No one does have the crystal ball to look on what are the things that lies ahead.Its just a matter or risk actually because if you wont believe and closed up your mind that all new projects that launched are scam then most likely you wont really able to make money.I cant blame people on having this mindset anyway due to lots of scam but we should open some chances for new services that pop out.
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R |
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carter34
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August 09, 2019, 08:33:14 PM |
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No one will know how good binance is going to be unless they take the risks
You have a very good point here. I think taking risk is what makes someone strong in crypto. For instance, some people bought binance coin sometime ago and because the exchange was still struggling then, they couldn't wait a while but after selling off, the boom came and losers started regretting.....
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bigcash2011
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August 09, 2019, 08:37:19 PM |
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I agree with you but at the same time we should also know that very rare projects will be able to see the success like binance so it is a unique and one and only kind of project, it is just like saying that a random new coin will be bigger than btc or btc killer bla bla. I have got your point but i still suggest friends to choose and invest wisely and not jump onto every shiny project.
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scoftagel
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August 09, 2019, 08:41:35 PM |
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You can be a trader rather than looking for a project ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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PuertoLibre
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August 09, 2019, 08:58:35 PM |
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It is called game of odds in trading world, no one knows the future of business plans. If you have required experience in any field then having a business idea will definitely lead you to take risks. In crypto ecosystem, every new exchange is a next step on the road to the financial development and mass adoption.
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ULatmirah
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August 09, 2019, 09:53:37 PM |
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Since everyone keeps complaining about new exchanges getting released into crypto space i want you to know that not all these exchanges are going to be bad,many are scam exchanges and few are just here to just be a spare exchange like other exchanges we have already but
What will happen if we never knew any exchange called binance?
What if binance exchange is just getting launched into crypto space in 2019?
No one will know how good binance is going to be unless they take the risks
the fact is there is no way to know,dont get me wrong,what i meant is we shouldn't take our eye off new projects either coins,tokens or exchange projects,do research and take your shots,who knows what will happen tomorrow? NO ONE.
the OP's Theme : "Risks will be useless if anyone can see tomorrow" the OP's Conclusion : "NO ONE knows what will happen tomorrow" so,, does it mean risks will be useful ?!? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ( *my mind's laughing ) I would say yess, ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) all businesses, especially Cryptos, have risks. Business without risk is nonesense. that's why doing business would always be better when trust is involved. and about trust, time is the tester for it, that's why Binance be a name you kept mentioning. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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