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Author Topic: altcoin binance smartchain wort it?  (Read 462 times)
kevinzxz
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February 20, 2021, 11:40:08 PM
 #21

I think most coins on the binance chain will have nice pumps along the way and since ETH gas fees are still high l think BNB chain is the next working option

I agree with you, because I see every projects that uses binance smart chain, then the price will always increase very high and of course the transaction fees from Binance are also very low, so this may be one of the reasons why people and new projects choose to use and invest in binance smart chain, besides that binance smart chain is also very popular at this time and there are even many people who believe if binance smart chain will be able to beat Ethereum in the future, therefore now is the opportunity for us to invest in Binance and altcoin that are on binance smart chain to get a big profit.

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February 20, 2021, 11:49:47 PM
 #22

It's worth to invest in BSC project as long as that already had a lot of backers and the team already proven its credibility.
That being said if it doesn't matter what kind of platform that used by the project as long as the team is legit and you can try to consider it as the best place to invest your money dude.
It's quite simple to just see the team and development progress.

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February 21, 2021, 08:53:41 AM
 #23

Just be careful in fake and scam projects just like Uniswap the popularity of BSC today are also popular to scammers creating fakes tokens promising websites and eventually scamming investors take a deep research first before new buying altcoins launching on BSC chain they are too hot but also too risky.
Actually, we can choose projects that are already trusted on the BSC blockchain. Like $ Cake, which is currently experiencing a fantastic price increase. I have done staking by buying the price of 1 $, now I have a high profit. indeed you have to be more careful in your selection. many new altcoins are just cheating. however if successful the support from Binance will be quite strong

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February 21, 2021, 11:02:09 AM
 #24

hello guys what do you think about altcoins, binance, smartchains? all altcoins that binance have were all mooning like cake ,sfp, etc. Do you guys think is it worth it to invest tokens from binance chains?
I see the movement of cake from cent usd to 12 dollars, I'm planning to invest safepal wallet and HOLD It until my target price reach 12 usdt, i don't have much idea with regards of trading but I am eagerly trying to learn.
Give me some cool suggestions guys:)

Definitely the coins associated with the Binance Smart Chain system are worth it. The people from Binance do a lot of things to satisfy the consumers and increase the trust and interest in them. As can be seen, more and more projects are focusing on Binance Smart Chain, which will definitely increase the price of coins from this ecosystem.
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February 21, 2021, 11:20:38 AM
 #25

yes they are good for now or can be said to be trending for now, even after the release on dex bsc the price can increase many times.
But yesterday BNB underwent a deep correction so that the other BSC platform tokens also followed BNB.
all bsc and bnb coins fell above 20%.
You can buy it when it's corrected now or wait for the next IFO to come.
That happens naturally, let's just assume that others are selling some of their holdings for profit and it is easy to do that because the nature of their platform is trading ... It is also an opportunity for them to buy again at a low price because it is obvious what is the trend of this BSC. ETH used to flourish before Binance's smart chain was formed, when it was not yet well known. It is really like that when the value/price increases, the transaction fees become expensive.

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February 21, 2021, 11:39:57 AM
 #26

Binance Smart Chain has already taken a significant percentage of the market share from Ethereum. People are looking for an alternative to expensive fees on the ETHnetwork and BSC is ideal as a replacement. Moreover, the developers of Binance Smart Chain declare that they will do everything possible to maintain low transaction fees on their network. Cool
Good news, indeed.
I just recently viewed this TWT and SFP and other altcoins that had been moving up.
It's real. That's all I could say.
Binance helped a lot for these coins to move forward and I think it is a good choice for investment.
I'd stay with BNB though if you don't want to risk further. Given that it will increase more value thanks to the promise of low tx fees while the speed is still there.
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February 23, 2021, 10:43:17 AM
 #27

hello guys what do you think about altcoins, binance, smartchains? all altcoins that binance have were all mooning like cake ,sfp, etc. Do you guys think is it worth it to invest tokens from binance chains?
I see the movement of cake from cent usd to 12 dollars, I'm planning to invest safepal wallet and HOLD It until my target price reach 12 usdt, i don't have much idea with regards of trading but I am eagerly trying to learn.
Give me some cool suggestions guys:)
You can invest in them , if BNB is being bullish then these coins are likely going to be bullish as well. Investing in them at the early time gives you a better position in the market, you have the advantage because you’re going to causing out some good profit when others starts to invest their own money.

And we know it for sure that Binance coin is one of the best cryptocurrencies in the market and it has been growing steady , today alone is already around 80% in the increase of its price. So, you can invest in these coins and if possible you should as well invest in the main coin and then you can continue your HODL.

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March 25, 2021, 03:40:05 PM
 #28

Well not all altcoins binance smart chains are good to invest.. You must do your own research the project first because I believe there are some of them are scammy projects. Binance smart chain is getting popular now for sure the scammers will join this trend making their own Binance smart chain altcoin.

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March 25, 2021, 05:23:06 PM
 #29

Well not all altcoins binance smart chains are good to invest.. You must do your own research the project first because I believe there are some of them are scammy projects. Binance smart chain is getting popular now for sure the scammers will join this trend making their own Binance smart chain altcoin.

Especially with Binance conditions which are predicted to surge in several articles that I make in April, scammers will definitely enter it, considering that many people are tempted by projects related to Binance
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March 25, 2021, 10:46:13 PM
 #30

There are several great projects on the Binance Smart Chian doing great since inception. Take for example SFP, Cake, treat finance and others I have forgotten to mention here. It is up you as an investor to do your due diligence by researching coins listed on the DEXs available on the BSC. Note; there are several scams there as well.

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March 25, 2021, 10:57:19 PM
 #31

at the moment it is convenient to operate on the binance smartchain regardless of the value of the altcoins there, the transaction fees have remained just a few cents
That right, but I bet this is will not stand for long time. I mean, the fees for those who use binance network will not always have a low fee because when BNB coin has a high price then I bet the fee for one transaction will high as well.

I still remember when BNB before reach its price right now I just spend $0.00 but now its fee has increased to $0.1. It will be like ETH now, before ETH increase we always told that ETH is a solution than bitcoin but now we said BNB is a solution than ETH.
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March 25, 2021, 11:07:31 PM
 #32

at the moment it is convenient to operate on the binance smartchain regardless of the value of the altcoins there, the transaction fees have remained just a few cents
That right, but I bet this is will not stand for long time. I mean, the fees for those who use binance network will not always have a low fee because when BNB coin has a high price then I bet the fee for one transaction will high as well.

I still remember when BNB before reach its price right now I just spend $0.00 but now its fee has increased to $0.1. It will be like ETH now, before ETH increase we always told that ETH is a solution than bitcoin but now we said BNB is a solution than ETH.

Also, it is not all about the fees involved. Not all projects developed under binance smart chain is worth your investments just like not all eth tokens are valuable. Now that devs are finding out that there is advantage in terms of fees under BSC network, a lot of scammers will build their crap projects under this platform. So make sure to do your homework before jumping any of them.
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March 25, 2021, 11:23:45 PM
 #33

Altcoins that use the Binance Smart Chain are very well worth investing in. because there is currently a hype about Binance Smart Chain's
cheaper fees, compared to the altcoins using Ethereum platforms. Regarding CAKE in the near future I'm sure to return to the ATH price of $ 21,
so it's a very good thing to buy CAKE nowadays. Then for the SFP I doubt can reach the price of $ 12 this year, chances are the SFP will only
hit the $ 7 target this year. But both of them are really worth buying, because they can generate profits in the near future.

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March 25, 2021, 11:41:52 PM
 #34

Binance smartchain is the hot thing now, because of obvious problems with transactions.
However this has also a negative side, every hype eventually gets into bubble as well gets attention of many scams, so be carefull out there and invest only what you can lose.

Binance smart chain is capitalizing on the fact that ethereum is too slow and the gas fees over there are just high to make any transactions. Defi is the current best thing in crypto right now alongside NTFs but users are always restricted and limited due to high gas fees every time. Most times, you need around $10 to $15 fees to send $20 worth of value on the network and that's bad. Binance chain fixes that and allows users to enjoy all ethereum features but with cheap tx fees and its back by binance labs funds too.
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March 26, 2021, 05:53:08 AM
 #35

Binance Smart Chain has already taken a significant percentage of the market share from Ethereum. People are looking for an alternative to expensive fees on the ETHnetwork and BSC is ideal as a replacement. Moreover, the developers of Binance Smart Chain declare that they will do everything possible to maintain low transaction fees on their network. Cool
Good news, indeed.
I just recently viewed this TWT and SFP and other altcoins that had been moving up.
It's real. That's all I could say.
Binance helped a lot for these coins to move forward and I think it is a good choice for investment.
I'd stay with BNB though if you don't want to risk further. Given that it will increase more value thanks to the promise of low tx fees while the speed is still there.
well, I also heard that quite a number of altcoins have moved to BSC due to fees and other issues. however, the problem of fees at ethereum did hinder transactions. however, the BSC is something of value right now. sooner or later, BSC will have a position that is equal to or even more than ethereum.

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March 26, 2021, 06:19:37 AM
 #36

Binance smartchain is the hot thing now, because of obvious problems with transactions.
However this has also a negative side, every hype eventually gets into bubble as well gets attention of many scams, so be carefull out there and invest only what you can lose.

Binance smart chain is capitalizing on the fact that ethereum is too slow and the gas fees over there are just high to make any transactions. Defi is the current best thing in crypto right now alongside NTFs but users are always restricted and limited due to high gas fees every time. Most times, you need around $10 to $15 fees to send $20 worth of value on the network and that's bad. Binance chain fixes that and allows users to enjoy all ethereum features but with cheap tx fees and its back by binance labs funds too.

So far so good as Binance really providing that lapses coming from ETH chain. Giving investors and traders breathing
to continue investing and trading new assets.

If things continue like how  it was now then buying altcoin using this chain is really worthy, just pick the right project
and enjoy using this low fee chain.

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tarable
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March 26, 2021, 06:24:54 AM
 #37

Especially with Binance conditions which are predicted to surge in several articles that I make in April, scammers will definitely enter it, considering that many people are tempted by projects related to Binance
But until yesterday I haven't seen a spike in the BNB token, instead it continues to fall like a Bitcoin correction, so are you still very sure that in April this year there will be a surprise in the form of a big spike in BNB tokens?
Father Bitcoin
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March 26, 2021, 07:09:54 AM
 #38

But until yesterday I haven't seen a spike in the BNB token, instead it continues to fall like a Bitcoin correction, so are you still very sure that in April this year there will be a surprise in the form of a big spike in BNB tokens?

The current condition is that the binance is getting lower, predictions can also be missed, everyone has their own predictions, but it does not rule out that the predictions in some of these articles actually happened in April, in this case there is still a need for more observation between the possibility of going up. or getting down
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March 26, 2021, 07:13:42 AM
 #39

Well any coin can be migrated to Binance Smart chain and it's didn't make any BSC-based token is good, Still there some bad project for example like ZAC, it was Rug Pull. Basically it's depends on which project or coin you want to invest, In this case SFP it's good option if you looking potentially project beside that Cake was good alternative for get some passive income through their farming program.
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March 26, 2021, 09:59:16 AM
 #40

Well not all altcoins binance smart chains are good to invest.. You must do your own research the project first because I believe there are some of them are scammy projects. Binance smart chain is getting popular now for sure the scammers will join this trend making their own Binance smart chain altcoin.
Especially with Binance conditions which are predicted to surge in several articles that I make in April, scammers will definitely enter it, considering that many people are tempted by projects related to Binance
It is not even just scammers, even the "good" projects have a limit and I think that's why it is a mistake to stay in them for way too long. Think about it this way, there is 28800 blocks per day on BSC and most of the time blocks are 1 on those tokens, that means there is 28800 tokens per day in there, and that is why I think it is quite impossible for it to continue, even if it is 10 bucks that means we have nearly 300k bought every day without even selling to make it go on, and there are ones that pay even more, like LP and pools which means it is going to be a lot more.

This is why I think even the best projects that come out with the best intentions will eventually go down because nothing can be sustained that much every single day forever. This is why anything you get in, scam or not, you should get out of those BSC tokens before it is too late and before get out before you.

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