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Author Topic: Exchange tokens all the way  (Read 1425 times)
Distinctin
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April 10, 2021, 02:07:00 PM
 #41

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
We could just say, some, but not all exchange tokens have that potentials, the same thing it happens to ICO, IEO, and Defi projects.

You are lucky with your choice and better to enjoy.
Maybe, you could run for another set of investments choosing exchange tokens to further know if that they are all be doing well just like in your first investment. If that still be working great and still profitable, might it happens that people will believe in you? But for now, it still matters how the projects play an important role in the market and how their support team helps the project to grow.
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April 10, 2021, 02:20:40 PM
 #42

There is no riskless investment, so if we don't take risks we get nothing. exchange tokens have begun to trend, we still remember when the price of Catex token reached its highest price 2 months ago $ 0.01598819 from the lowest price of $ 0.00001767. can you imagine how much profit you will get?

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April 10, 2021, 02:28:43 PM
 #43

In my case I only buy binance coin and kucoin. I would not trust other exchange token easily. But I sold my kucoin tokens few days ago at 6.8 and not it's 17. Good thing I held my binance coin.

Just crazy what is happening with exchange coins, especially with BNB and Kucoin shares! Kucoin share was $1 for a long time.. little under, or little over, but that was the price! BNB skyrocketed, there's no other way to describe that performance in the last 12 months!
I have both on hold, not some big amounts, and I don't plan to sell them.. they bring me some passive income, and now that income is a lot higher than just a few months ago!

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April 10, 2021, 02:59:35 PM
 #44

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
Exchange tokens are for me a much more safer investment compared to some of newer shitcoins on the market today. These exchange tokens has the potential to grow just like BNB but of course we always anticipate the risk as crypto is volatile.
I agree with your opinion, the tokens of supported exchanges from legitimate exchanges should be well developed. Especially in the current bull market, the tokens of well-known exchanges will do very well.


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April 10, 2021, 07:57:10 PM
 #45

I took some dangerous risk by buying some real shitty coin on kucoin and today they are now gold. I couldn't persuade my friends to buy didn't want to be responsible for their losses, today the risk is now a success story. In bull run, there will be a lot of FOMO, even dead projects are resurrecting. It's only wise we take from dead project project and buy good projects solving real time problem that will still be here for years to come.
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April 10, 2021, 08:03:12 PM
 #46

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
Well, sometimes you can as well ruin your life while taking risk. So, if you’re going to be taking any risk it is always best that you evaluate the risk that you’re about to take know whether you will be able to bear the consequences that follows if eventually things goes wrong.

Take for example if your going to be taking risk to invest in tokens that you don’t know a thing about it is best that you first check your pocket and understand what you can be able to invest and in case things goes wrong you will be able to bear the losses. If you’re not going to be doing this then you’re making a mistake and can lose your money in all these tokens. And also you should know what you’re investing very well. That’s important.

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April 11, 2021, 03:49:14 PM
 #47

I took some dangerous risk by buying some real shitty coin on kucoin and today they are now gold. I couldn't persuade my friends to buy didn't want to be responsible for their losses, today the risk is now a success story. In bull run, there will be a lot of FOMO, even dead projects are resurrecting. It's only wise we take from dead project project and buy good projects solving real time problem that will still be here for years to come.
You are really lucky, can benefit from shitty coin. I can't stop thinking that I will take the risk to invest in these coins, I will buy coins that are cheap but always update the latest developments. FTX is a coin exchange that also has potential

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April 11, 2021, 04:40:12 PM
 #48

I took some dangerous risk by buying some real shitty coin on kucoin and today they are now gold. I couldn't persuade my friends to buy didn't want to be responsible for their losses, today the risk is now a success story. In bull run, there will be a lot of FOMO, even dead projects are resurrecting. It's only wise we take from dead project project and buy good projects solving real time problem that will still be here for years to come.
You are really lucky, can benefit from shitty coin. I can't stop thinking that I will take the risk to invest in these coins, I will buy coins that are cheap but always update the latest developments. FTX is a coin exchange that also has potential
Now trending with many people buy shit coin on pancake swap but could hit more than 10x from early price, but not all trader will be lucky because many shit coin listed on pancake is scam coin, they only have few day before coin without have not value any more. I think with kucoin market is worth to buy shit or coin still have lower price and waiting one or two years later to see how price raise up.


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April 11, 2021, 04:47:54 PM
 #49

When I sell a token, after a while the price doubles. And the token that I hold is huge dumping of that token. So now my strategy is no risk, no hold.

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April 11, 2021, 07:18:22 PM
 #50

BNB will hit 500$ very soon it's my prediction but personal.
It actually crossed that price today and will do more pump. In fact, I see it surpassing the price of ETH in weeks to come. BNB is soaring not just because it's an exchange token but because it also has a smart contract — BSC. This isn't taking anything away from BNB any way. Remember there is burning of tokens for BNB too. So, before anyone buys an exchange token they should first research two things — the credibility of that exchange, and secondly whether the token of that exchange has utility. Don't buy blindly.

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April 11, 2021, 07:29:43 PM
 #51

Except BNB, i believe other exchange tokens are just riding the bulls. I believe like use cases from binance chain, the exchange which will have a good business use case, can be potential in near future. So from my point of view, exchange tokens are good enough for trading but not for investment.

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April 11, 2021, 07:54:53 PM
 #52

What is helping the value of all these exchange tokens is the coming up CoinBase listing. If CoinBase enters the market with over $100 Billion valuation then expect BNB price to Cross $100 billion in no time, tokens like FTX, UNISwap are two other tokens that could benefits directly

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April 11, 2021, 08:30:06 PM
 #53

It is easy to see those cases of tokens that went great, but it is very difficult to see them before they actually do go up. There are several problems with investing in small exchange tokens:
a) You have large exchange tokens that are safer.
b) You have to catch the exact peak, because they rise and then drop quite quickly.
c) Liquidity is a problem. Some tokens have a big price but only a few 100 may be exchanged at that price.

And many other issues also appear. Just try to stay safe and learn to tell hype from truth.

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April 11, 2021, 11:53:02 PM
 #54

People are hyping the exchange site token these days, The exchange site that already fully operated has become a guarantee if the token will exist as long as the exchange site is still alive as well.
BNB, KCS, GATE token and so many exchange site tokens are getting hyped. People know that they can earn more from their holding.
Waxir and toko have become the best example about how promising the exchange token.
It's always become a good decision to put our money to buy exchange token
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April 12, 2021, 08:35:51 AM
 #55

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?

This was I'm talkings about in some other forums where We need to be a risk taker in every coins that were gonna see it here in this  cryptocurrency. Checking it and research them first is one of the most effective way for us to build ttust in the coins were gonna buy. Its pity, that I missed this one,
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April 12, 2021, 08:47:30 AM
 #56

It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?

We can take the risk, calculated risk not all exchange-based token is worth it, after the Adab fiasco I stopped looking on the exchange-based token and I guess many of us here, the competition is very high if the exchange is just going to use their token as a fee I don't think it's worth investing on this exchange based token, many have tried that method but very succeeded.

The exchange should be innovative they should run by honest and capable developers not driven by profit.

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April 12, 2021, 08:51:56 AM
 #57

You are right exchange token/coins are doing fantastic take binance coin for instance its price went to an all-time high of $500 and that is a 100 per cent rise. And numerous other exchange coins this is made feasible because those exchanges have the high trading volume to boost their token.
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April 12, 2021, 09:04:03 AM
 #58

Mandala Exchange Token is a hidden undervalued gem. It is the first exchange that launched on Binance cloud and has the same liquidity as Binance.
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April 12, 2021, 09:33:36 AM
 #59

Mandala Exchange Token is a hidden undervalued gem. It is the first exchange that launched on Binance cloud and has the same liquidity as Binance.

You meant about MDX, right? how is it possible?

Just because it was launched on the binance cloud and it doesn't mean this coin is very promising at this moment. I can't even see mandala exchange site on the CMC.

Im feeling curious about how much the daily trade volume that already achieved by mandala exchange site.
https://coinmarketcap.com/currencies/mandala-exchange-token/markets/

There's only MDX token on CMC

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MCcryptonia
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April 12, 2021, 10:07:25 AM
 #60

Almost all popular exchanges tokens have surged in value, buying them now is extremely dangerous, though I'm still using BNB for day trading and I've make few dollars back already but I believe it's lot safer to invest in tokens that haven't surge too high

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