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Author Topic: Coindeal token CDL - Should I invest ?  (Read 196 times)
Davian144
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May 10, 2020, 04:00:22 PM
 #21

I've heard about coindeal before and the 11% ROI looks legit since it's annual based, same rewards you can get from popular POS coins on today's crypto market, still I'd advice you to only invest what you can afford to lose
Yes, and do not be too rash in making any investment even if we are able to lose, because basically everyone would love their money, even though it is money that is not used for anything else, but no one wants to lose money when invest.
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May 10, 2020, 04:12:19 PM
 #22

The tokens of small exchanges are very risky, their prices can be collapsed at any time because they do not have too many volumes. I will not invest in such small exchanges because, go to binance and buy BNB. I believe you will be happy with that decision

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May 10, 2020, 04:13:25 PM
 #23

I have never traded on this exchange. There may be some traders who trade on this exchange, whose number will be very low. So you may have realized how popular they are. Since there are very few traders on that exchange. So the volume is also very low. I am not willing to invest in this exchange, they could not attract me. But all investors have their own thoughts on investing, if they get something good in this exchange then maybe they will invest.

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May 10, 2020, 04:20:33 PM
 #24

I've heard of this exchange before, but it doesn't bother me too much because this is just a small exchange. If you want to invest in exchange tokens, you should choose larger exchanges in this market. With this exchange, I only see them having 10 million $ volume per day, which is really too small
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May 10, 2020, 04:23:52 PM
 #25

I myself is looking forward to invest some money on exchange tokens but I haven't decide which exchange that will be, I can't find bad reviews on coindeal and I think the team are damn serious about the exchange platform and future development, it's a good choice if you ask me though, better than coinsbit by far

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May 10, 2020, 04:24:38 PM
 #26

Coindeal exchange is still new, look at the volume of BTC they trade only 1,133 BTC, I know investing in the crypto world is very risky, but if Coindeal is successful like Binance, then your investment is very useful

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May 10, 2020, 04:56:41 PM
 #27

Coindeal exchange is still new, look at the volume of BTC they trade only 1,133 BTC, I know investing in the crypto world is very risky, but if Coindeal is successful like Binance, then your investment is very useful
It is not a new exchange, they have existed for a long time but they could not develop. Obviously this is just one of the small exchanges in this market, so never care and invest in it. Too dangerous and too few opportunities to make a profit

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May 10, 2020, 06:57:22 PM
 #28

Ignore the Coinmarketcap rank, buddy! Because you know most of the exchanges has fake volume nowadays, yet Counmarketcap gave them higher ranks! Therefore, Coindeal even couldn't make a top place where they are also known for fake volume exchange! So, You may better sell the CDL coin and buy a reputed one for investment!

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May 10, 2020, 07:59:45 PM
 #29

Coindeal is also promoting themselves as a fully registered and regulated crypto exchange if that is true then definitely its token is worth investing because not many exchanges are properly registered and licensed, regarding low volume i think that will grow with time at the moment the exchange is just building up and want higher user base.

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May 10, 2020, 10:32:17 PM
 #30

Coindeal is also promoting themselves as a fully registered and regulated crypto exchange if that is true then definitely its token is worth investing because not many exchanges are properly registered and licensed, regarding low volume i think that will grow with time at the moment the exchange is just building up and want higher user base.

Yeah I also noticed that they're marketing it that they're fully licensed. Due to regulatory rules, they've limited their exchange to some country. And not whole USA is covered by them. They have their exchange service in 13 states in USA. They're trying to expand it. 

So my question is should I invest in CDL?

If everything goes well then your investment would be worth mentioning. But I suggest you to invest a little part of your budget and make investment in BNB, HT etc.

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May 10, 2020, 10:35:04 PM
 #31

Thanks everyone for your time and suggestions.
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