IEOs from binance not worth holding ?

[AbNewton]

Cartesi's success is understandable since they very well in touch with the community, show a strong backline on their coin. Being on Binance is a plus but it isn't sure-kill to success like few IEO brag about to stir up the hype around their coin.

[sayam]

Yes you are absolutely right, this is happening in most of the cases. So in these cases holding will be nothing without loss. But if you are able to buy something from IEO, it will definitely give you a good profit.

[LbtalkL]

The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.

[SaShiRaJaVu]

Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange,

The first and foremost thing you need to understand is that scammers will get hold of new techniques to make money, now everyone knows the shit show the ICO market made, the ICO was a novel idea but then it was swarmed with scammers trying to loot the money and that will be the case with IEO, if you really want to take the risk, invest and get out and never hold for a long time as you never know how long it will last.

[WalkerIVIV]

Yes you are absolutely right, this is happening in most of the cases. So in these cases holding will be nothing without loss. But if you are able to buy something from IEO, it will definitely give you a good profit.

The problem is not so many people able to join in the IEO and that means when you are seeing the lottery scheme that alreayd used by exchange site like binance and that will give a lot of benefits only the big holders caused by they can get more ticket. It's a very bad decision to use IEO token as a long term portfolios and it will always result into the loss.

[Ifemini]

Holding does not have to be about ieo tokens from binance but about what such projects has to offer the entire blockchain world in terms of adoption.

Either the ieo token is from binance, kucoin or gate io, focus on the token.
Dyot
Strategize whether the token has a long term use case.

Then decide from your analysis whether to hodl

[bakasabo]

The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.

I think it is a little bit early to put Cartesi in evaluation list. Cartesi havent shown its full strength. So far they have one tower defense game and few other dapps (game is most popular their "work"). It is obvious that token price will now go down after IEO. We should look at "them" after half a year and see what they really worth.

[gweedo]

The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.

As far as I know, Celer, FET, Harmony went below IEO price. If someone invested in these altcoins, they would definitely lose money. I agree with OP, don't invest in these altcoins because once listed, the price will definitely go down every day. If we are not successful in IEO then we should ignore them

[masterrex]

Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?

I think your thread title is confusing, I'm doubting if you participated in that Cartesi IEO, My opinion is this! before you invest in any IEO or other crypto related things you should consider first the risk associated in it. Cryptocurrency investment is a high risk form of investment because of its volatility and weird fluctuation of prices as you mentioned you just closely follow the trading price of CTSI tokens with ranging $0.08 and now its only $0.045 did you know that the IEO price was start at $0.015 cents so it means it was still higher from the IEO price. thats why I dont understand why you are saying "IEOs from binance not worth holding" thats a negative thought to me. If you wish to hold and IEO tokens it was your own choice and the responsibility is also yours and not from Binance or whatsoever.

[Chuky92]

Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?

That's a good observation but remember that same thing can still happen to other projects which had IEO on other exchanges.
From my own view, I see it this way, the exchanges, be it Binance or not, helps the project in question to carry out their IEO and help them to success if possible, but after that, the rest of the job falls down to the project team and this is where their idea and use case will start speaking for them. A good team with good use case will try their best which will show on their token's price and vice versa. Also, after IEO it is assumed that most people will dump, hence it is also good to give the project time to see what will happen.

[skeleto88]

Many IEO that happened on binance are down more than the IEO price for example Harmony one, the answer I can give you is binance gets the job done and the job is to raise hardcap target for every new projects, anything that happens after that is not binance problem anymore, project teams must do better jobs to make coins or tokens have better value and keep growing.

I agree, Binance is just out there to spice up the IEO thing for a certain project like Cartesi. It would entice the investors to invest and get target amount found for the project but after IEO was succeafully done Binance has nothing to do with the project anymore aside from it is being listed there. The has continue its developments and shows to the community that they are thriving in making innovations in the platforms they have chosen.

[TastyChillySauce00]

Many IEO that happened on binance are down more than the IEO price for example Harmony one, the answer I can give you is binance gets the job done and the job is to raise hardcap target for every new projects, anything that happens after that is not binance problem anymore, project teams must do better jobs to make coins or tokens have better value and keep growing.

I agree, Binance is just out there to spice up the IEO thing for a certain project like Cartesi. It would entice the investors to invest and get target amount found for the project but after IEO was succeafully done Binance has nothing to do with the project anymore aside from it is being listed there. The has continue its developments and shows to the community that they are thriving in making innovations in the platforms they have chosen.

Indeed it's usually like that, after few days the hype gone and the price starts to fall down, at that point there's nothing more of the project that got people interested and buy the token but if the project could make some promising progress some may be interested but it's kinda rare case.

[XCANA]

I disagree with you mate, we have seen many projects over time from Binance succeeded in their rise in price even after their IEO on the exchange. Project as SOL were executed on the exchange and after  their IEO the price moved from low to high  and all investors were happy be part of the project. Many projects on Binance exchange face many difficulties when the team projects relaxed their project and stay back to grow their project. And with time, the project deteriorating will begin and the project will wnd up like sh*t.

[enhu]

The Cartesi IEO price was 0.015 USD for the IEO investor it still profits a more than x2 profit. I guess it is still worth it, Most of the projects there are above IEO price it never hit lower than the IEO price. I guess the safest platform to invest now is binance but try in your own risk the market is volatile we don't know what will happen but think on things to minimize those risks.

I never thought the team priced their token that low during their IEO, today the price still is 0.04USD. Didn't the team short-sell themselves when developing their product?

Investors will really be dumping it when the price spikes up to $0.08, it's no wonder that investors who bought at 0.04SUD will really be frustrated.

[jacafbiz]

It is not enough for you to look, you need to see also, there is no way people that got into the IEO would not be happy with Cartesi with the current price because they are still in profit, what I see is that they are trying to shake out some weak hands, remember Matic IEO dumped after the IEO then did something like 50X later

[WannaCry]

it depends on the project, though they were listed in binance that does not mean that they are really good project.. if you know that your investment is already worth it the price then no need to hold..

[CryptopreneurBrainboss]

what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?

To answer all your questions directly, Yes binance IEO aren't worth holding if you're a long term holder especially when you don't have the patience to hold through its downward trends due to fud etc. It's preferable you wait untill the crowdfunding is over and all the hypes dies down then you buy when others are selling off their coins although be cautious not to rush into buying vey quick but wait until you see a strong support level.

Most Investors or 99% of the investors that invest in all Binance IEO are after the quick profit it offers, even the project developers use that opportunity to offload some of their holdings as the outrageous listing fees of Binance causes the project lots of expenses that they'll need funds to continue development of the project (fir legitimate ones).

[Mpamaegbu]

Since many are saying that IEO is the best initial offering in crypto space today, most especially if they are from top exchange then I started looking for IEO from top exchange, I followed Cartesi which was successful on binance and price was at 0.08$ and today it's down to 0.045$, it looks like this drop will continue because Bitcoin keeps growing since two days ago now but this coin keeps going down, what is going on? Is binance IEO just for short time gains only? Are IEO tokens from binance not worth holding ?

I guess you're just new in this industry. That's the only thing that can inform your apprehension. It's a common practice for coins to drop in price once an IEO or ICO is over. Investors want to take quick gains off the table before coming back to buy low. What you should be looking at is the utility a project has and not the current price. If a project is down because of dump, it can still go up later. Look at BNB for instance. It did an ATH at over $40 late last year. But what's the current price today? Around $15, right? It doesn't mean the coin is dead of course. Also, remember that BNB is a Binance exchange coin too. Dude, just relax. Cartesi will do fine, trust me.

[abel1337]

It is not enough for you to look, you need to see also, there is no way people that got into the IEO would not be happy with Cartesi with the current price because they are still in profit, what I see is that they are trying to shake out some weak hands, remember Matic IEO dumped after the IEO then did something like 50X later

Sometimes if you're lucky enough and have a strong heart on holding some coins that supposed to be a shit coin then pump more than you expect is what you called blessed. I've never experienced it in my life but having that kind of situation should be really profitable. I appreciate when the devs care about the project especially on the early and mid-stages because they are building the foundation and the reputation of such a coin that needs to give back the trust that the investors gave them.

[shoreno]

there is no such thing as long term gains here on crypto  . just dont expect too much so that you can cash out with better profits   .  

if btc growing then why would ieo coins grow too  ? i think both are different   .  maybe btc grows because people from that ieo sells and switch to btc   .  and who says ieo are the best  ? just because they are already listed on exchange   ? well ico can be good too   .  its only a matter of choice  and not by type  ( ex . ieo , ico )