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Author Topic: Trying to invest in Binance  (Read 858 times)
totoy4741
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November 05, 2020, 07:12:32 AM
 #121

Not all coin in Binance will rise and give you profits. Some of the coins like Defi are falling because they had being more of a hype and rose too much without much reason and as a result we are seeing the fall now. So only invest in such coins from Binance in which one is conformable that it will continue to grow and rise as well.
Coins listed on the Binance exchange, will get more attention than if the coins were listed on other exchanges, for example, Filecoin, which experienced significant price changes when listed on the Binance exchange.

I actually don't believe that, there are lots of coins listed in binance that don't survive like npxs, xvs and many more. Only noticeable are those coins that have already made a huge improvements and still relevant till today  filecoin is a fresh introduced to binance so expect the hype to pour in.
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November 05, 2020, 07:20:26 AM
 #122

Not all coin in Binance will rise and give you profits. Some of the coins like Defi are falling because they had being more of a hype and rose too much without much reason and as a result we are seeing the fall now. So only invest in such coins from Binance in which one is conformable that it will continue to grow and rise as well.
Coins listed on the Binance exchange, will get more attention than if the coins were listed on other exchanges, for example, Filecoin, which experienced significant price changes when listed on the Binance exchange.

I actually don't believe that, there are lots of coins listed in binance that don't survive like npxs, xvs and many more. Only noticeable are those coins that have already made a huge improvements and still relevant till today  filecoin is a fresh introduced to binance so expect the hype to pour in.
NPXS and XVS dont survive? how do you say like that?
try to look at the XVS price, more than 10% happens, I know about NPXS why the price is bad,
because there is indeed a lot of circulating supply, and demand is low, but PundiX is still a good project, PundiX is not dead.

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November 05, 2020, 08:24:44 AM
 #123

Be rest assured that you will make good profits if you invest in bnb token or IEO projects from binance, we all know that binance has the best team in crypto space, very hardworking and devoted too, bnb token will worth more in near future, I'm thinking three figures soon, if you don't want to hold just invest in any binance IEO launchpads

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November 05, 2020, 08:32:04 AM
 #124

If you are planning to invest in Binance then you also don't forget to consider a list of genuine coins such as BinanceCoin. I think BNB is a profitable investment too, including TRX which has given you a return on your previous investment. add more with TRX, BNB, OMG and then ETH. this is a good investment list.

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November 05, 2020, 08:47:20 AM
 #125

I think you have not a good plan as you want to invest very little every month and suggested a huge list of coins the coins in your list are good to invest but I will suggest investing in Bitcoin if you are investing every month or spread your investment in Bitcoin and other three to four best projects.
He already has bitcoin and wants to keep for next bull run. $30/month is actually a bit small, so the profit is not much despite the coins he recommends are quite good. HEX is a low value coin and doing well, I think it is suitable for this amount.
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November 05, 2020, 09:48:00 AM
 #126

I do not know about Binance really,,, I keep thinking that this is a coin that can only rely on Binance's success. And so, yes, it looks like it has potential to grow a lot, but only until Binance stops growing.

Now Binance even signed up with big giants Nexo for 8% staking a year, so they will grow on that news,,, but until when it will grow?

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November 05, 2020, 09:52:11 AM
 #127

I do not know about Binance really,,, I keep thinking that this is a coin that can only rely on Binance's success. And so, yes, it looks like it has potential to grow a lot, but only until Binance stops growing.

Now Binance even signed up with big giants Nexo for 8% staking a year, so they will grow on that news,,, but until when it will grow?
Lol are you doubting binance exchange? If yes then you don't know what the team are capable of, from the list of all the top exchanges we have in crypto space binance team are the only on that wants to make crypto adoption grows better, others are just focusing on their business alone but binance is expanding

Dariusburst
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November 05, 2020, 10:06:57 AM
 #128

Invest in bnb token, binance is making more sense than many projects of today, they are gradually expanding, another good project is Ethereum, I believe eth is undervalued presently buy hopefully after the 2.0 launch things will change for the better, I will be more comfortable if I have the following coins in my portfolio

1. Bitcoin
2. Ethereum
3. Bnb token
wxxyrqa
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November 05, 2020, 10:36:05 AM
 #129

I do not know about Binance really,,, I keep thinking that this is a coin that can only rely on Binance's success. And so, yes, it looks like it has potential to grow a lot, but only until Binance stops growing.

Now Binance even signed up with big giants Nexo for 8% staking a year, so they will grow on that news,,, but until when it will grow?
One way or another, Binance today has a very large weight in the entire cryptocurrency market, and each project considers its main goal to achieve listing on this exchange. In addition, the popularity of Binance among traders and other cryptocurrency users is growing thanks to lotteries, promotions and bonuses that Binance conducts among its users. I believe that their strategy is correct and they are moving in the right direction as the demand for BNB rises.

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Insomnia family
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November 05, 2020, 11:17:23 AM
 #130

a great option if you continue to upgrade each good coin to invest in or increase your investment in TRX again. My advice is not to invest in coins that are unpopular or that have no price developments. and maybe you need to consider something like EOS, LTC, ETH or BNB too.

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November 05, 2020, 11:44:38 AM
 #131

investing in binance is indeed very good by buying the right coins in it, but in my opinion if you want to invest in binance don't buy too many coins that are bought with just 1 or 2 which you are sure will give you an advantage, and we must be active in observing movement of coins - coins that you hold until you get a satisfactory profit.

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November 05, 2020, 12:21:29 PM
 #132

I think you have too much altcoins in your portfolio, because altcoin market trends are similar to each other and if it will fall down, you will lose a lot of money. But generally your strategy is quite good. It`s better when you act and try something insted of just talking and analyzing without following actions

BayAngelo
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November 05, 2020, 12:35:27 PM
 #133

With the current market situation, i think it is advisiable to hedge your funds on bitcoin and ETH. i am currently loading ethereum because the market is gradually going up in favour of bitcoin. soon before December Ethereum will follow suit. i don't see any token on your list making any good movement at the moment. even tron is tired of copying other development.

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November 05, 2020, 12:45:29 PM
 #134

If you are looking for virtual currencies that will provide you with good returns, then TRX can be a profitable investment option.
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November 05, 2020, 12:52:49 PM
 #135

Get much profit from investing in cryptocurrency is not depend which one market do you choose for investing but what coin you take decision for your investment, but Binance have many altcoin kinds for investing but all is worth for holding in long term. Many coin have lower price after listing on Binance because the Binance team take moment for pump coin before listing and announcement when listed on their coin, you can check with new coin wanna list on Binance just few minutes after announcing coin price pump more than 40%, but after active trading and listing coin never break up to higher price because binance team have sell their coin.

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CryptoTrip
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November 05, 2020, 01:55:16 PM
 #136

The altcoin market is shaking a lot now. Therefore, your portfolio should consist of a small amount of coins, which you can constantly monitor and do technical and fundamental analysis. And if time does not allow, then you can add stablecoins liquidity stablecoins on the binans and get 12%APY

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November 05, 2020, 02:23:23 PM
 #137

In my opinion Best way to invest is in "Flexible Savings (Not to be confused with Fixed Savings)" and choosing BUSD stable coin when ever you need it you can redeem it immediatley where as in locked and Defi there may be unlocking period time ..... In BUSD Felxible Savings u can receive daily intrest when there are no earning options like Bpool BUSD to receive other altcoins such as 'BEL' & ' '.  Other coins in Flexible savings i didnt tried it .....

I tried DASH in Locked Staking ..... I invested 1 DASH after a week i received 0.007 DASH extra ....
 
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November 05, 2020, 02:33:40 PM
 #138

If you are looking for virtual currencies that will provide you with good returns, then TRX can be a profitable investment option.
not fans of TRX, and i don't really like Tron. maybe better if you put your money on BNB or cardano. Dash and waves also 2 of the strong candidates that i think will have very good value

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November 05, 2020, 07:46:50 PM
 #139

If you invest binance you can invest Tron ( TRX) . Their platform are great. Their team try to develop their platform. You can also invest BNB coin. If you invest those coin I hope you will get much profit in future.

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November 05, 2020, 10:43:30 PM
 #140

If you hold Bitcoin, of course, now you have got a huge profit. Be grateful.

The Binance exchange is the best exchange at the moment. Despite being hacked, Binance users still make the Binance exchange a great place to invest. The advantage of investing on Binance is that the active level of the coins on the exchange is very high, it may move in a matter of seconds.
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