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Author Topic: Risks will be useless if anyone can see tomorrow  (Read 5401 times)
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August 09, 2019, 10:52:07 PM
 #21

What will happen if we never knew any exchange called binance?
There will be other exchange that will take the lead or the old ones will still dominate like, bittrex, cex.
What if binance exchange is just getting launched into crypto space in 2019?
It may not get too much attention because of the number of exchanges we have right now.

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August 09, 2019, 10:55:27 PM
 #22

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.



Everyone will not see the tomorrow, at least none prediction will guarantee what exactly will happen to the crypto market and condition tomorrow.
Well, about the exchanges, I agree with you that some exchanges may be legit and some others may be useless or scams.
If we don't know Binance, where we are exactly? Binance is the biggest and most popular exchange, and it is too strange if not knowing about this exchange. But, we can also find other promising exchanges such as KuCoin, OKEx, and many others.

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August 09, 2019, 11:15:56 PM
 #23

It's really difficult to judge every exchange being launched in crypto space because we don't know what will happen in the next year. We can only determine in time once the project is good and generating in a remarkable profit towards the community.
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August 09, 2019, 11:27:10 PM
 #24

Well, even if there's exchange that is going to overtake binance position and becomes a popular exchange with the most highest volume and market capitalization ever in the history of humankind what that have to do with people anyway? at the end of the day it's still an exchange, we just use their service to trades not to get free money. There's no need to keep an eye to all those new exchanges.

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August 09, 2019, 11:51:33 PM
 #25

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.



This is just a tip of the iceberg. There are thousands of banks operating in the entire world and new ones keeps emerging into the financial space. Just like banks, exchange platforms are the banks of the entire crypto ecosystem providing a peer to peer system for people to make transactions regarding buying and selling of crypto coins. Its not about risk taking but your basic understanding on the services provided by new exchanges launched.  You can easily know  the outcome of any new crypto project when you know and understand  the kind of services the project will provide the entire world and the financial ecosystem.
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August 10, 2019, 04:24:56 AM
 #26

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.



You don't have to worry demands will always get us a new project and new concept, and because investors are constantly looking for a new concept that will answer all their needs we will new great projects coming in to satisfy our needs and demands.

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August 10, 2019, 05:32:37 AM
 #27

Really we need to give chance to see upcoming projects, we know there will also likely be scam projects, this is where and why we need to always do research before promoting or investing in any project. Some upcoming projects in the future will take over the old ones.

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August 10, 2019, 05:40:22 AM
 #28

If people are too busy investing in old projects only they will be stuck with old techs,i belief that new projects will be able to perform better with new technology this is why im giving new projects chances,still doing good research is the only way to detect fine new projects,its wise to mixed your portfolio with both old and new projects

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August 10, 2019, 06:34:43 AM
 #29

True.
They took the risk and hyped it.
That ain't an easy job and it takes a lot of money for it to happen.
Whoever is the owner of that exchange have some guts.

But we still have to be careful. Use the exchange as an exchange only and never a wallet just so we could sell in rush if ever the price spikes.
Stay with hard wallets if there is nothing to be traded.

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August 10, 2019, 06:49:17 AM
 #30

If people are too busy investing in old projects only they will be stuck with old techs,i belief that new projects will be able to perform better with new technology this is why im giving new projects chances,still doing good research is the only way to detect fine new projects,its wise to mixed your portfolio with both old and new projects
This is true for one more reason. Many old projects are dying. Only the best remain, but we cannot always have these assets. New projects are often pumped, even if in the future these die. Therefore, it makes sense to always research on new coins/tokens in order to be able to make a profit in the near future.

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August 10, 2019, 07:03:52 AM
 #31

I strongly agree with you. But at the same time. Risks will be worth it if everyone cab see tomorrow. With  that, I'm pretty sure everybody will become a winner. Investing in crypto currencies are great risks. But then, one has to be mindful in the kind of investments he or she is making.
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August 10, 2019, 07:52:23 AM
 #32

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.



Where there are money involved, there would be frauds. You just can't try new things if you think you'll fail. You can't stop nvesting if you failed in a few projects.
New crypto projects are the same and are exchanges. Decide the worthiness of your risk and research for yourself. Look for experience of others and make a descision.



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Rainbot
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August 10, 2019, 08:06:28 AM
 #33

If people are too busy investing in old projects only they will be stuck with old techs,i belief that new projects will be able to perform better with new technology this is why im giving new projects chances,still doing good research is the only way to detect fine new projects,its wise to mixed your portfolio with both old and new projects
This is true for one more reason. Many old projects are dying. Only the best remain, but we cannot always have these assets. New projects are often pumped, even if in the future these die. Therefore, it makes sense to always research on new coins/tokens in order to be able to make a profit in the near future.
You agree with the cycle but you don't apply same rules to the new born projects. New exchange altcoins have a better future perspective but it is not possible ti replace the strong exchange coins like Kucoin shares and Binance coin. The coins of bad projects will disappear one day and filtering the investments to such coins is not easy without proper experience in the crypto investing-industry.
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August 10, 2019, 09:33:33 AM
 #34

You are right, nobody can predict what would happen tomorrow or next week. But we can clearly see that crypto industry is developing in a very fast way, there are a lot of projects that can already compete with centralised companies because they have working products. We are moving in the right direction.
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August 10, 2019, 09:41:36 AM
 #35

You are right, nobody can predict what would happen tomorrow or next week. But we can clearly see that crypto industry is developing in a very fast way, there are a lot of projects that can already compete with centralised companies because they have working products. We are moving in the right direction.

I think the growth of cryptocurrency and the further development of the blockchain will continue. Many countries have paid attention to this technology and are trying to integrate it into the state. This is very important for project development.

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August 10, 2019, 09:34:04 PM
 #36

Exactly.
I like the Binance example. There are always few people who mean business and will work very hard to succeed. We probably have the Binances working hard behind the scenes. They could be working hard to become better next year or in few years. And before you know it they succeed and become really popular.
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August 10, 2019, 10:43:14 PM
 #37

It is called risk because no one can actually tell what will happen the next minute. In as much as we would want to give room for upcoming exchanges or tokens, we should endeavour to carry out full research about the project that will go a long way.

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August 10, 2019, 11:41:10 PM
 #38

This right, don't get hung up on one thing. We do not know which project or exchange will be successful in the future. This like a lottery. We support and invest in projects now, but we do not know whether they will be successful in the future.
Have this excitement play as well...Nobody knows exactly and that is why crypto is full of speculations and predictions for the incoming.
There is no assurance for the best and what happen to the market by now is somewhat we called it as a part of crypto journey. Unscripted market flows? A lot of surprise may happen.

R


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August 10, 2019, 11:46:20 PM
 #39

It turns out many exchange are more or less running a ponzi scheme in the guise of sharing trading profits with users,you will be required to buy their tokens,new entrands  bringing fresh cash into the system
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August 10, 2019, 11:49:50 PM
 #40

This right, don't get hung up on one thing. We do not know which project or exchange will be successful in the future. This like a lottery. We support and invest in projects now, but we do not know whether they will be successful in the future.
Have this excitement play as well...Nobody knows exactly and that is why crypto is full of speculations and predictions for the incoming.
There is no assurance for the best and what happen to the market by now is somewhat we called it as a part of crypto journey. Unscripted market flows? A lot of surprise may happen.
The speculators are real predators who know the ways for tracking the path of investors. They sell while other investors buy and another way around. I don't follow the analytic reports anymore due to this fact, what will happen tomorrow is depend on the market conditions of the market's next opening hour.
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