IEOs from binance not worth holding ?

[Vishnu.Reang]

Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.

[Sterbens]

If you have full confidence in Cartesi then hold on to this because it is only at the beginning that in the future they will try to increase high liquidity on the stock exchange so that more people will trust.
Indeed, Cartesi is only profitable for a short time but this is only temporary and only a few days listed on the exchange so it is likely that in the future it will rise again.
I think all the IEO tokens in binance are worth holding.

[thisnewcoin]

Actually, it's not! Don't buy the IEO coin when it gets listed in Binance, rather wait for the dump. As you see Cartesi is highly dumped, so, maybe this is the time to buy Cartesi. After some days, if CZ notices Cartesi coin's down level is not stopping, then he will do something catchy and that will push the Cartesi coin price! This is not perfectly true, but I noticed it several times, so, I am hoping it now!

Most of the IEO buyers sell their coins when the price gets high, and now, in the pandemic situation, everyone is looking for profits, so they are selling cartesi.  I am not sure but maybe Cartesi growth is the worst if you compare with other Binance IEO coins!

[acdc]

Most IEO at the present time is only the process of pumping and pouring, IEO on binance is no exception.
I have seen a lot of IEOs on big deals fail and become a junk pile.
Perhaps IEO is no different from an ICO except that it will definitely be listed for a certain transaction.

[thisnewcoin]

Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.

Exactly. Binance is not doing good at choosing IEO projects. Last year, Binance chose some great tech-based projects like Harmony, Matic, Elrond. Then Perlin shocked me because I don't think Perlin deserves Binance IEO launchpad, from then to now, I think Binance is focusing on profits, or they are not finding better projects anymore! I liked the Cartesi though, but their performance in exchange, no developments except a single game giving me average vibe.

[cizatext]

I think IEO success is base on the team behind the project and the exchange which it being conducted matter little in the success and finance is a platform so a team with strong concept may still fail on dominance.

[FlamingFingers]

It depends on when you buy the IEO coin,  if you are lucky to buy during IEO,  it is much expected that it will pump probably x3 or more, the best thing to do is to dump during profit and wait for a pull back which will definitely happen,  then if your analysis on the coin is solid when in bottom you can buy and expect another way of pump,  but buying at high price and holding will lead to rekt

[FLHippy]

I have recognized that price has grown only after listing on the exchange because many people didn´t have a chance to buy tokens in IEO phase, so they bought on exchange, but for a higher price, but after a time, interest for these coins has fallen down.

[Denongels]

if you hold it for the long term of course there is no worth of tokens ieo not only binance, almost all ieo will end badly, but in binance there are some interesting tokens one of which is wazirx because it seems like this token is often pumped there and the funny thing is this happens several times, but for other tokens it doesn't seem to get the same treatment, for new tokens ctsi I doubt binance whale won't pump it like wazirx because in my opinion they are not interested in dapps project.

[InwardContour]

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 ?

Some IEOs on Binance are worth holding but this depends on your entry. Always wait for a dump before buying coins if you plan to hold long term, that's my strategy. The issue is not about binance IEOs but people who FOMO to buy in when price is extremely pumped. People who succeed to get in the IEO always make profit. Even though for some the profit reduces, if they get greedy and don't take profit when necessary. I normally wait for a good entry if I miss out on the IEO and it favors me, gone are the days when i rush in to buy any IEO coin listed on Binance immediately. CTSI mentioned here gave huge profit to many and REKT some who bought very high after the pump.

[Nesbee2]

 I think this will depend on your research findings about the project. Not just because it's on binance but because you have found out enough reason to convince you to hold any IEO token. You may lose you may earn life itself is risky  anyways, but taking calculative risk is better

[Ezravdb]

The IEO token hype is only for a moment where investors to do a significant pumd when trading is opened. but if you do not take advantage of the situation you have failed to achieve large profits. The potential of the IEO coin launching on Binance has a bright future but you also have to research the development of the project and always follow the latest news on the telegram.

[SolarWindMiningCompany]

Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.

I understand your sentiments but if binance really wait on the beat coins with true fundamentals maybe it would be the next coinbase but I think they are after coins with market potentials and can easily bring in the big bucks, long term sustainability is not assured

[shollyen]

Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.

I understand your sentiments but if binance really wait on the beat coins with true fundamentals maybe it would be the next coinbase but I think they are after coins with market potentials and can easily bring in the big bucks, long term sustainability is not assured

Binance also list projects that have good fundamentals, but the mentality of most investors, who see Binance as an exchange for pump and dump, are the ones that trade in such direction and those buying would also wait for the price to plummet more because they have the assurance.
I also still wonder if Binance intentionally allow those coins to pump beyond the limit, while it drops after some time.
Well, I think it is still better if the rice does not return to the IEO price, even though it plummets.

[uray]

Earlier I had a feeling that Binance used to carefully screen whatever IEOs they list in their platform. But looking at the few recent IEOs, I am forced to say otherwise. Most of the projects that get listed nowadays in Binance doesn't have solid fundamentals. I understand that revenues are important, but the exchange is tarnishing its own reputation by allowing such projects.

It was apparent that these will end up like that, these exchanges will take money and a share of the money they collect in the name of the project and that is what they look for and there is no way anyone can guarantee that the projects they announce are legit or whether they are having any plans to carry on with the project after collecting the money.

[gundala]

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 ?

It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.

[ahyadinnn]

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 ?

It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.

not all coins will survive at the initial market price, surely they will decline and increase again, it is natural in the cryto world, you should use that moment to buy some coins and wait to get back up again

[asriloni]

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 ?

It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.

not all coins will survive at the initial market price, surely they will decline and increase again, it is natural in the cryto world, you should use that moment to buy some coins and wait to get back up again

Maybe you have need to see that again the problem is not caused by the decline but the real problem is how deep that will go. As far as I know if this is the big problem for all of people. Imagine when it was always gradually dropping to the bottom and it can only get a small bump and we will face a big lost caused by that.

[xandriel]

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 ?

It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.

Cartesi is still a new project and surely these coins will tend to increase more if the market continues to grow. Of course the first time there will be a lot of big fluctuations occur but surely this coin will soon stabilize and you can choose to invest if you want. However, I usually do not like to buy coins from IEO because the investors here are only interested in profits and it makes me face a lot of risks.

[Serco]

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 ?

It is true that IEO is one of the best ways to get profits now, provided you choose a trusted exchange. Regarding Cartesi, and several other IEOs that have been carried out at Binance, must have experienced ups and downs, isn't that right? considering that cryptocurrency is very volatile.

not all coins will survive at the initial market price, surely they will decline and increase again, it is natural in the cryto world, you should use that moment to buy some coins and wait to get back up again

Traders buy and sell their token in market in order to get profits, and its normal we should not worry about it. moreover in binance which is considered as profitable exchanges when new coin listed have the same condition too. price will not always rise, but it will make correction for a while . if dev team do the right thing in their product update price will continue rise.