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Author Topic: Exchange tokens all the way  (Read 1428 times)
Chuky92
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April 28, 2021, 07:37:58 PM
 #121

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?

That is true and I agree with you. Exchange tokens are some tokens which shouldn't be overlooked because of what they goes with, that is, in as much as the exchange in question is a good exchange whose team are really ready to move it to the next level, then buying and holding it, will be a good idea. At the same time, it is very good to know what not all exchange tokens are meant to be held for long term, that is, there are exchanges which lacks what it takes to last long term and through holding such tokens, the user will only end up wasting his time and money. So in all ramifications, holding a good exchange token is very good and a good idea as well, Binance and Kucoin coins are good examples.

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April 28, 2021, 07:45:05 PM
 #122

Since the success of BNB,exchange tokens obviously are a good point to invest,but not all of them are profitable,plz researching before you are investing in.
Besides,i think OKB is another potential exchange token, might be this is another BNB.

No, it doesn't work that way. People fall for the hype. They may sometimes be right, but only rarely. Tesla is a successful investment. If tomorrow someone in the USA launches Tesla 2, would you buy it? That's not the right strategy.
Perhaps Binance is one exchange of its kind. Its success depends to a large extent on the highest level of technical excellence. Developers keep up with the times and create new trends by their own actions. Accordingly, the exchange's coin rises higher and higher. For the time being, the path is closed for other coins of exchanges to this level)
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April 28, 2021, 07:52:15 PM
 #123

I have to say that I had a tip to buy the Wazirx token and I didn't. I only learned it went so high from your post and, I am still not going to bother. Did I miss a huge opportunity? Probably, was the risk involved too much? Probably. I should have bought though as I still make some investments. I just don't think that exchange coins are needed. Not even BNB is something that was required. We have it, Binance pumped it where it is, and what can I say, congratulations, I just don't see any reason for exchange tokens to exist.
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April 28, 2021, 08:08:29 PM
 #124

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?
In addition, not all token exchnage need to be hold for long because of personal experiences in this field. There are time that the whole thing turned negative and i suffered the consequences before the funds invested on the projects came out alive, so, one must be careful and do more research before make attempt to buy and hold for long.

But with good exchnage token why not?, holding them is the best tools to fight lacks in this space. During the Uni-swap exchnage launch i make some good move to purchase some airdropped tokens from some sources and they were happy that they dumped on me but a little hold made me some fortune that will remains forever.

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April 28, 2021, 09:44:27 PM
 #125

Since the success of BNB,exchange tokens obviously are a good point to invest,but not all of them are profitable,plz researching before you are investing in.
Besides,i think OKB is another potential exchange token, might be this is another BNB.
in my opinion what is now worth counting as BNB next are NMX (Nominex), now nominex continues to develop their exchangers so they can compete with other large exchangers and the fact is that currently the price of NMX tokens is in the price range of $ 4 and this price is 3 times more than their token listing price of only $ 1, and similar to Binance, Nominex also offers a very low fixed trading fee of 0.1% which can then be slashed by up to 50% when using their utility token (NMX) to pay trading fees.

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April 29, 2021, 07:47:31 PM
 #126

Since the success of BNB,exchange tokens obviously are a good point to invest,but not all of them are profitable,plz researching before you are investing in.
Besides,i think OKB is another potential exchange token, might be this is another BNB.

No, it doesn't work that way. People fall for the hype. They may sometimes be right, but only rarely. Tesla is a successful investment. If tomorrow someone in the USA launches Tesla 2, would you buy it? That's not the right strategy.
Perhaps Binance is one exchange of its kind. Its success depends to a large extent on the highest level of technical excellence. Developers keep up with the times and create new trends by their own actions. Accordingly, the exchange's coin rises higher and higher. For the time being, the path is closed for other coins of exchanges to this level)

It is one exchange of its kind. There is no other exchange with a similar history as Binance. They've literally exploded within weeks and months at maximum. Is is a story that essentially everybody dreams of in their lives.

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April 29, 2021, 09:31:25 PM
 #127

Since the success of BNB,exchange tokens obviously are a good point to invest,but not all of them are profitable,plz researching before you are investing in.
Besides,i think OKB is another potential exchange token, might be this is another BNB.

No, it doesn't work that way. People fall for the hype. They may sometimes be right, but only rarely. Tesla is a successful investment. If tomorrow someone in the USA launches Tesla 2, would you buy it? That's not the right strategy.
Perhaps Binance is one exchange of its kind. Its success depends to a large extent on the highest level of technical excellence. Developers keep up with the times and create new trends by their own actions. Accordingly, the exchange's coin rises higher and higher. For the time being, the path is closed for other coins of exchanges to this level)

It is one exchange of its kind. There is no other exchange with a similar history as Binance. They've literally exploded within weeks and months at maximum. Is is a story that essentially everybody dreams of in their lives.

Binance has captured the majority of the market, leaving other exchanges with limited growth only.

as you can see in https://coinmarketcap.com/rankings/exchanges/.. if it's accurate, it obviously tells how dominant Binance is having $36 billion trading volume while then 2nd rank coinbase only has $3 billion.

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April 29, 2021, 09:34:24 PM
 #128

Not wrong to invest on these exchange coins or tokens but I'd rather invest on a much stable right now.

Before I've posted on some other threads to buy BNB. The price back then was $40.

Right now, current price was around $600 and speculations of $1,000 are rising creating a good hype. Will continue to accumulate more of it if I can.
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April 29, 2021, 10:21:13 PM
 #129

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?
Other exchange projects in the support circle from Binance are safepal and Openocean, both projects are worth bookmarking and I will take the opportunity to buy some coins from that project. Openocean will be releasing tokens and trades soon, my guess will be listed on binance like any other exchange project.

 
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April 30, 2021, 06:54:31 AM
 #130

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?

Not all exchange tokens are really have some progress, wazirx and tokocrypto are only a few of them who have good progress, very rare.
Taking risk is very good, but we still have to calculate our risk and compare it with the profit if it is good. No risk no gain after all.

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April 30, 2021, 08:56:19 AM
 #131

"No pain, no gain!" This suits the investment endeavor too. So, if one cannot handle the risk or "pain" of losing some moola into crypto, then gaining will be hard.

Yes, I totally agree, several exchange projects are great for investing. I do see great potential in token swap projects too. A good example with a promising future is the upcoming Mocktail finance. Using Binance smart chain is one way to gain trust and reduce fees.

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April 30, 2021, 11:18:45 AM
 #132

Not wrong to invest on these exchange coins or tokens but I'd rather invest on a much stable right now.

Before I've posted on some other threads to buy BNB. The price back then was $40.

Right now, current price was around $600 and speculations of $1,000 are rising creating a good hype. Will continue to accumulate more of it if I can.
You can receive profit only if invested into promising projects. Anyway, $1000 is very doable for BNB, if I had  more money to spend, I'd be buying like crazy right now. This is best thing to do I swear. So, Holding seems to be most profitable strategy until this point. Those who bought $40 or more lower rate they are the real gainers.
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April 30, 2021, 11:22:10 AM
 #133

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?

Not all exchange tokens are really have some progress, wazirx and tokocrypto are only a few of them who have good progress, very rare.
Taking risk is very good, but we still have to calculate our risk and compare it with the profit if it is good. No risk no gain after all.

Moreover I know a lot of tokens which was added to good exchange and start trade 1$ in day and thats all... it depends of quality of project, not from money on listing!





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April 30, 2021, 11:37:04 AM
 #134

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?
Indeed exchange token shows very promising development progress especially in terms of its market value and market cap such for example BNB that is why I am hodling some exchange token such KCS, CRO and GT.

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April 30, 2021, 12:25:37 PM
 #135

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?
Indeed exchange token shows very promising development progress especially in terms of its market value and market cap such for example BNB that is why I am hodling some exchange token such KCS, CRO and GT.
I'm not familiar with CRO and GT but I have some KCS. I have been holding it for a while, and I will not sell until it will value $100 each. It may sound ambitious but look at how progressive BNB is, and this market is getting bigger and it cannot be all the time that BNB will get the biggest share of the market, its dominance will also drop.

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April 30, 2021, 03:45:55 PM
 #136

Since the success of BNB,exchange tokens obviously are a good point to invest,but not all of them are profitable,plz researching before you are investing in.
Besides,i think OKB is another potential exchange token, might be this is another BNB.

No, it doesn't work that way. People fall for the hype. They may sometimes be right, but only rarely. Tesla is a successful investment. If tomorrow someone in the USA launches Tesla 2, would you buy it? That's not the right strategy.
Perhaps Binance is one exchange of its kind. Its success depends to a large extent on the highest level of technical excellence. Developers keep up with the times and create new trends by their own actions. Accordingly, the exchange's coin rises higher and higher. For the time being, the path is closed for other coins of exchanges to this level)

It is one exchange of its kind. There is no other exchange with a similar history as Binance. They've literally exploded within weeks and months at maximum. Is is a story that essentially everybody dreams of in their lives.

Binance has captured the majority of the market, leaving other exchanges with limited growth only.

as you can see in https://coinmarketcap.com/rankings/exchanges/.. if it's accurate, it obviously tells how dominant Binance is having $36 billion trading volume while then 2nd rank coinbase only has $3 billion.

Holy Christ thanks for sharing. I didn't have a look in a while, but that is just outrageously dominant. From looking at that graph I would say it is impossible for any exchange out there to compete on equal terms with Binance.

Even the monthly visits and everything is dominated by them so hard. The good thing is they reinvest their cash into new projects.

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oprahwindfury
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April 30, 2021, 04:08:09 PM
 #137

may be misconstrued something here, in those days wazirx exchanged at 0,08$ not on the grounds that it was not known by open however truth be told we were in bear market. everything was undervalued even Bitcoin itself, also wazirx was acquisited by binance which implies they have an enormous ally base.the explanation it could go as high as that since we are in buyer market, wazirx as well as everything went at any rate 20x from past cost.

Anonymous100
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April 30, 2021, 04:35:49 PM
 #138

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?

Yes. TKO is indeed a great future project, so few people have the chance to get it at the launchpad on Binance. The price is much lower than the exchange price. Yes, I am very interested to see it. And this is part of the great partnership with Binance.

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andthereyou
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May 01, 2021, 03:27:16 PM
 #139

I too invest in exchange tokens/coin like Binance coin and kucoin. They proven themselves so I bought some. It's really profitable to invest in exchange tokesn/coin but I will only buy the exchange token/coin that have proven themselves.
coinbitrade
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May 01, 2021, 03:29:52 PM
 #140

I too invest in exchange tokens/coin like Binance coin and kucoin. They proven themselves so I bought some. It's really profitable to invest in exchange tokesn/coin but I will only buy the exchange token/coin that have proven themselves.
take a closer look at such tokens as Huobi, Mdex, the bottom price is still not very high, but I think it will fly soon.

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