lxiaoh
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May 03, 2021, 08:09:27 AM |
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That's right, to a certain extent. There is always a hype when such big exchanges listing a new coin, but it usually doesn't last too long, short-swing trading is a good strategy to get the profit. On the other hand, we must clearly recognize information asymmetry, when we know a coin will be listed in Binance usually it has gone up quite a bit.
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Adreman23
Full Member
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SOL.BIOKRIPT.COM
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May 03, 2021, 08:31:59 AM |
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Binance can be considered as one of the big and reputable exchanges today. So when there is a new coin listed there, most people really notice and they buy it and the price pumps. But it is still better to do proper research before buying a coin because it is not an assurance that once it is listed in binance, it has the potential to succeed in the future.
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imstillthebest
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May 03, 2021, 08:51:15 AM |
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coins that are in binance can also be found on other exchanges but we wont know that becuse we foccus too much in binance and binance is not the only exchange that have a good standards when it comes to listing a coin . buying only coins that are listed in binance will limit yourself if there is a new coin that you really like because new coins dont imediately gets listed on binance or in a better exchange . dont let this company monopolize and control everything
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alex_andr25
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May 03, 2021, 09:12:51 AM |
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It always has been and always will be. Binance is the most popular exchange and all coins that get there immediately show the pump. Therefore, having information about the listing, you can use it for your own purposes
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revilo
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May 03, 2021, 09:35:47 AM |
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I think it works more like this: Project appoints for Binance listing, Binance checks if it is good and legit project, if Binance finds it valuable its released. Regular people see new listing on Binance making them directly buy to speculate.
So I think its best explained with human psychology. People wanna make money in the most safe way. Binance gives this opportunity.
They also have voting, don't they? I thought they check out whether part of their community wants a specific coin on the exchange or whether the community backing a coin is big enough to make the listing worth the effort for Binance.
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jacafbiz
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May 03, 2021, 10:20:59 AM |
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The thing is that Binance is now an institution, they have their own research team that vet projects, so for a project to get listed there it must have passed basic criteria and also they have a strong marketing team that would help pump the price of the tokens when it is listed and also incentivize market markers to help generate volume
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Ziskinberg
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May 03, 2021, 11:13:04 AM |
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The thing is that Binance is now an institution, they have their own research team that vet projects, so for a project to get listed there it must have passed basic criteria and also they have a strong marketing team that would help pump the price of the tokens when it is listed and also incentivize market markers to help generate volume
That's the advantage, and no project will pursue to get their coin listed in the exchange if they promise with a positive return, from the moment it's listed, the price will pump right away, and that alone is already an incentive if the team will try to play on the price. What's the trend now is, when we say Binance it means success.
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mrdeposit
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May 03, 2021, 11:20:43 AM |
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The thing is that Binance is now an institution, they have their own research team that vet projects, so for a project to get listed there it must have passed basic criteria and also they have a strong marketing team that would help pump the price of the tokens when it is listed and also incentivize market markers to help generate volume
Knowing how successful the projects that have submitted for listing are not just a skill specific to Binance. Even there have been hundreds of projects that have been delisted shortly after being listed. If those who are busy researsching succesful projects can also do it wrong, then that's not what success of Binance is all about. So instead of working with a single exchange, try looking for a few. When there is an increase, it is not according to the exchange, it is all about the project itself. There have been so many coins(juld?) that are not listed on Binance but have provided much better earnings.
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Luffygroove
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Ton Together | Save Smart & Win Big
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May 03, 2021, 11:26:05 AM |
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I think that was expected. Binance is one of the biggest central exchangers nowadays. Many people trust Binance so much. I believe to be listed on Binance is a big deal. The projects that have been listed on Binance need to have a good reputation, reliable and legit. Not only that, they must be able to pay a big amount of listing fees. For me, it's like a circle cycle, where the project itself already has good fundamentals and capital so they can be listed on Binance. And then it goes more hype cause it's listed on Binance. I must say, Binance is a prestigious exchanger that can increase certain project popularity.
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rahmat86
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May 03, 2021, 12:21:13 PM |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
I agree with your opinion, it is better if you invest in coins before entering Binance because once the coins enter Binance it will usually be pumped very high and remember that Binance is the number 1 exchange in the world. I really like trading on Binance because it's rare for servers to go down due to coins being pumped
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Xcode7
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May 03, 2021, 01:52:34 PM |
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however there are some coins that have good value but they are not listed on Binance. but it is true that the coins listed on Binance are very promising and have great potential. We will feel comfortable trading on Binance because it is guaranteed. but for me there is no problem exchanging coins that are not listed on Binance as long as they have good potential. I'm sure some people dare to trade outside of Binance, because of their understanding of coins that are not listed on Binance.
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masterrex
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May 03, 2021, 01:58:55 PM Last edit: May 03, 2021, 02:09:45 PM by masterrex |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Agree with that because I believe Binance won't list a shit project and after that most projects that were listed on Binance is gaining price momentum after it was listed, IMO, I think that the charisma and popularity of Binance is the reason why most of the listed coin/token is gaining price increases after it was listed and that's true because I always followed every new listing announcement on Binance and the pump really happens which is gives me a few bucks of clean profit.
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Ekyfitri
Sr. Member
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Activity: 664
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SmartFi - EARN, LEND & TRADE
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May 03, 2021, 02:26:42 PM |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Agree with that because I believe Binance won't list a shit project and after that most projects that were listed on Binance is gaining price momentum after it was listed, IMO, I think that the charisma and popularity of Binance is the reason why most of the listed coin/token is gaining price increases after it was listed and that's true because I always followed every new listing announcement on Binance and the pump really happens which is gives me a few bucks of clean profit. that's what many crypto traders believe. many are already taking advantage of the new tokens listed on Binance. most succeeded in creating a sensation before and even after the trade was opened. It should be noted, however, that any corrections after the initial pump listing on Binance are normal. But most of the assets on Binance will be very profitable if you have the ability to do day trades.
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Ararbermas
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May 03, 2021, 11:02:03 PM |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
you have point there mate but, i don't believe that most of the coin were listed on that exchange "BINANCE " are legitimate .. Because you know.. despite some new companies right now keeps following the trend just to gain clients and etc. But the fact that they don't have no enough history that can prove that the project is good and will long last such trusted coins nowadays.. Maybe when it comes top 20 coins in binance we can say its a legit.
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Questat
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May 03, 2021, 11:12:27 PM |
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Binance can be considered as one of the big and reputable exchanges today. So when there is a new coin listed there, most people really notice and they buy it and the price pumps. But it is still better to do proper research before buying a coin because it is not an assurance that once it is listed in binance, it has the potential to succeed in the future.
There are big hopes when the project listed to any reputable exchanges and much more when it listed on Binance, that is the fact that we can't deny. In fact, many developers wanted it but unfortunately, not all have the chance to make an entry in Binance. Well, as the volume of traders using the Binance platform is growing the more it gives the confidence to everyone that they will never be disappointed. Of course, it never guarantees huge returns but at least we are seeing such an opportunity, unlike the other platforms can do.
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darewaller
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May 04, 2021, 07:42:56 AM Last edit: May 04, 2021, 07:53:15 AM by darewaller |
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i don't believe that most of the coin were listed on that exchange "BINANCE " are legitimate .. Because you know.. despite some new companies right now keeps following the trend just to gain clients and etc. But the fact that they don't have no enough history that can prove that the project is good and will long last such trusted coins nowadays.. Maybe when it comes top 20 coins in binance we can say its a legit.
Even I am also not in favor of believing in to some big number of coins just because they are being traded in one big exchange. But when we are witnessing the continuous growth of all the coins which are being listed on binance then we might need to agree with OP. We can take this scenario like this: bianace is going for intensive research and analysis before launching any ICO which could be the another reason why we are seeing good potential on binance listed coins. I'm sure that binance must be having very highly talented team to monitor all their activities; when you are proactively continuing your work then definitely you will excel in your work. I believe this is what exactly happening right now with binance.
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MUG1WARA
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May 04, 2021, 07:53:57 AM |
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You are absolutely right, mere announcing the listing of any coin on Binance the coin will start pumping hard, there was one I witnessed which up till now I'm still wondering how it happened, "Alice My Neighbour" got listed on Binance and it went 30k%+ which is really unimaginable and insane but it actually did happen, buying coins before they list on Binance is one of the quickest way to become rich in the crypto space.
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thesmallgod
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May 04, 2021, 12:19:16 PM |
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Although Binance have a strategic pattern through which they used in picking a coin to list but do not forget that because a coin is listed in Binance does not mean it has good potentials because this is a long term thing which you might not know. Also, do not forget about BinanceDEX that happens to end up with a lot of shit coin.
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Republikcoin.com
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Merit: 1103
Leading Crypto Sports Betting & Casino Platform
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May 04, 2021, 05:35:28 PM |
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It always has been and always will be. Binance is the most popular exchange and all coins that get there immediately show the pump. Therefore, having information about the listing, you can use it for your own purposes
Be careful when you are late knowing the news about the listing of new coins, because many victims have difficulty selling their purchased assets because they are late in knowing the news about the listing from Binance. Yes, someone sometimes buys coins at too high a price and has a hard time getting out, whereas there are so many users on Binance that the price spread is very thin. Understand the project and use your math to analyze the price of the coins recently listed on Binance so that you can still make a profit and don't fall behind on FOMO.
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nrvasquez
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May 04, 2021, 05:50:01 PM |
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Although Binance have a strategic pattern through which they used in picking a coin to list but do not forget that because a coin is listed in Binance does not mean it has good potentials because this is a long term thing which you might not know. Also, do not forget about BinanceDEX that happens to end up with a lot of shit coin.
Have to differentiate CEX from DEX because they are very different. and I am sure Binance CEX will not list coins carelessly (especially shitcoin), you can see all the project track records listed on Binance CEX, all good
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