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Author Topic: New exchange tokens worth investing on???  (Read 1816 times)
Samayuki
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May 16, 2020, 10:27:53 AM
 #61

What about KCS (Kucoin shares) ? That's an interesting exchange token that's still very affordable at this very moment, it's ATH was around 14$ or more and now it's not up to 1$, Kucoin is a very good exchange and one of the best, buying their token is worth it

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May 16, 2020, 10:51:13 AM
 #62

you sounded like you are buying the exchange  . dunno why i said that but maybe its because of the title your thread .  of course i know what you mean  , you mean to say reliable or legit exchanges where you can trade but you already list some good names  .

 not just exchange but you must have enough knowldge on how trading works and what coins are good too because trading on those exchanges listed by you still makes no sense if your doing it wrong
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May 16, 2020, 11:07:57 AM
 #63

I remember, last year BCNEX was a new platform that was predicted to be big in the future and many people started buying tokens from the platform, even one of my friends bought a bcnx token for around $ 1,000 but apparently until now the platform looked scam. so if the possibility of a 99% scam why do you still want to invest in a new platform? better investment in a well-known platform token

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May 16, 2020, 11:15:48 AM
 #64

I remember, last year BCNEX was a new platform that was predicted to be big in the future and many people started buying tokens from the platform, even one of my friends bought a bcnx token for around $ 1,000 but apparently until now the platform looked scam. so if the possibility of a 99% scam why do you still want to invest in a new platform? better investment in a well-known platform token
yeah right
even if you are risking your funds investing it in some new exchange - try to minimize the losses.
In this particular example your friend should've invested (for instance) $100 in 10 different exchanges and if he was very confident about bcnex he should've invested like $150, not $1k
but anyway, we make mistakes - we gather experience
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May 16, 2020, 11:16:10 AM
 #65

I remember, last year BCNEX was a new platform that was predicted to be big in the future and many people started buying tokens from the platform, even one of my friends bought a bcnx token for around $ 1,000 but apparently until now the platform looked scam. so if the possibility of a 99% scam why do you still want to invest in a new platform? better investment in a well-known platform token

The risk is high investing in new platform, especially if they go scam, you will lose all your money.
Investing in a new platform is okay if you understand the risk, since you'll never put all your investment in one basket, just like what you friend did, he invested heavily in BCNEX and in the end it failed, sometimes we need to control our urge and be smart by spreading our investment on high risk assets.

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May 16, 2020, 11:27:10 AM
 #66

Your topic sounds confusing, please work on that, my advice is never put all your eggs in one basket, if you come across any good new exchange that you want to try out just invest very little money you can afford to lose, honestly I prefer Okex or kucoin or huobi token, they aren't that costly yet

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May 16, 2020, 11:29:31 AM
 #67

I do not agree if new exchange tokens are considered more valuable compared to old exchanges tokens such as BNB, OKB and Huobi tokens.
Because investing in new exchange tokens such as gambling, we do not know whether the tokens can provide profit or not. In contrast to
investments in old exchanges tokens are guaranteed to be profitable, my advice is better investments that are clearly valued. Instead of risking
the capital we have for something that is not yet definitely valuable.

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May 16, 2020, 11:40:54 AM
 #68

There is a new wave I am noticing that might disrupt the idea of exchanging token mooning. For a coin to moon it has to have use and need to be used. Binance skyrocketed because of introduction of ieo which you use only BNB to buy then. This has stopped and bnb went back to 15/16$. I see it staying there for long. Why? You may ask USDT or other stable coin is the disruption. As people seek use for cryptocurrency they go for stable coin to use. So, I doubt if any exchange coin will pump like BNB did.

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May 16, 2020, 12:17:02 PM
 #69

I remember, last year BCNEX was a new platform that was predicted to be big in the future and many people started buying tokens from the platform, even one of my friends bought a bcnx token for around $ 1,000 but apparently until now the platform looked scam. so if the possibility of a 99% scam why do you still want to invest in a new platform? better investment in a well-known platform token

The risk is high investing in new platform, especially if they go scam, you will lose all your money.
Investing in a new platform is okay if you understand the risk, since you'll never put all your investment in one basket, just like what you friend did, he invested heavily in BCNEX and in the end it failed, sometimes we need to control our urge and be smart by spreading our investment on high risk assets.
Investment is hard nowadays knowing that it is easy to scam people with real projects. Build a realistic project then offer a crowd sale after that make a good promotion that markets a good return to investors then wait. It's not an easy process but an effective way to scam and many scammers did it that way.  It's better today to find a project who's partnered with a reputable platform, It reduced the risk of being scammed, It's also the same way on how IEO works.
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May 16, 2020, 01:42:27 PM
 #70

I remember, last year BCNEX was a new platform that was predicted to be big in the future and many people started buying tokens from the platform, even one of my friends bought a bcnx token for around $ 1,000 but apparently until now the platform looked scam. so if the possibility of a 99% scam why do you still want to invest in a new platform? better investment in a well-known platform token

The risk is high investing in new platform, especially if they go scam, you will lose all your money.
Investing in a new platform is okay if you understand the risk, since you'll never put all your investment in one basket, just like what you friend did, he invested heavily in BCNEX and in the end it failed, sometimes we need to control our urge and be smart by spreading our investment on high risk assets.
because the sustainability of the platform cannot be valued only in the development of the platform for a few months. BCNEX looks successful and pays bounty hunters too, but when a few times start, many people put their money in exchange, they are ready to take the money and disappear from the community.
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May 16, 2020, 01:59:35 PM
 #71

There is a new wave I am noticing that might disrupt the idea of exchanging token mooning. For a coin to moon it has to have use and need to be used. Binance skyrocketed because of introduction of ieo which you use only BNB to buy then. This has stopped and bnb went back to 15/16$. I see it staying there for long. Why? You may ask USDT or other stable coin is the disruption. As people seek use for cryptocurrency they go for stable coin to use. So, I doubt if any exchange coin will pump like BNB did.

   As I see you don't know much about KuCoin, it's exchange coin and if you stake it on their exchange,
just hold there, you will get some stakes and you can have lower fees.
   I think it's what we have at the moment from people inside crypto-community, can you imagine when
entire world start using it!? All exchanges will be used, and their tokens will worth more than now. I agree
that not all of them will be successful, but some of them will rise a lot! It's on us to choose the right ones!



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May 16, 2020, 02:13:54 PM
 #72

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.
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May 16, 2020, 02:41:07 PM
 #73

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.
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May 16, 2020, 02:49:21 PM
 #74

So you got 0.1% of making profits if you aware that 99% of new exchanges are not going to be worth it.So let the final decision on yourself but one who have common sense will avoid this much risky move.
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May 16, 2020, 02:50:58 PM
 #75

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.
Those exchange already established good business with traders and investors, if there's no project that will introduced same concepts it won't be affected since there are already people who are supporting this sites / exchange and if ever some might go and try the service of new exchange probably they'll be back once they've not getting any offers that gives them advantage.
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May 16, 2020, 03:01:49 PM
 #76

I remember, last year BCNEX was a new platform that was predicted to be big in the future and many people started buying tokens from the platform, even one of my friends bought a bcnx token for around $ 1,000 but apparently until now the platform looked scam. so if the possibility of a 99% scam why do you still want to invest in a new platform? better investment in a well-known platform token

Do not remind me of this platform again.
It does not look like it's a scam exchange, but an outright scam exchange. I could remember there was a lot of hype when they were making sales, many invested in it and all of a sudden, they disappeared.
They started by denying people of their withdrawal and gradually, everything looked like a dream. Till date, the exchnage site is still opening and when you attempt your withdrawal, it will be on pending.
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May 16, 2020, 03:16:05 PM
 #77

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.
all the coin prices you mentioned have direct support from the exchange place and I think it is very easy to make the price expensive because the exchange can launch various developments that can make the tokens owned by the exchange can be useful for many people.

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May 16, 2020, 03:18:11 PM
 #78

Now there are many exchange coins in the market. You have to find out which of these has a bright future. Already many promising exchanges have taken investors funds by making huge dumps in the coin market. Again, many exchange tokens have changed people's lives. But there is no basis for all the coins to give the same result. For this, many people do research to invest in exchange tokens. So by researching and investing the funds in a few coins, you may get good results in the future.

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May 16, 2020, 03:32:27 PM
 #79

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.
makes me think of the BCNEX Exchange, I'm a fan of BCNEX but that was past, now they are SCAM, maybe a lesson for us is that new exchange is very dangerous, don't always believe
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May 16, 2020, 03:42:34 PM
 #80

There are a lot of considerations for cryptocurrencies exchanges project. The most important being security, many traders are reluctant to use new exchanges for that reason plus the fact that thy usually have low trade volume. New cryptoexchange projects should really be big-heavily;funded to make an impact. Otherwise, their token is not likely to do well
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