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December 09, 2021, 06:19:01 AM |
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I don't think it's a problem, big coins always start from small exchanges, as long as we are free to deposit and withdraw coins to a private wallet then this is not a problem, I often buy new listed coins on small exchanges and some are successful until they go up more than 100x.
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HashingTower
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December 09, 2021, 06:21:09 AM |
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Yes it's safe because not every good coins will list on big exchanges from day one, what should matters the most is how good the project is then they will find their way to better exchange as volume grows, some are faster and some are slower it depends on the project's team.
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RealMalatesta
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December 09, 2021, 06:56:14 AM |
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I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?
I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?
Exchanges do matter a lot , but sometimes there are projects that the devs wouldn't have enough money to afford launching their coins or tokens on a big exchange like Binance and the rest of them, so they might just decide to start with small exchange to at least get started and not keep their investors worried about the project. So, it's a thing of whether the project is good enough, if they are really good, then the exchange might not really be a problem at all, as with time they are going to launch it on bigger exchanges once they have gotten the money that is need for them to be able to do that kind of thing. Although the good thing about being launched on a bigger exchanges is that it shows that the project is less likely to fail.
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Gorosden
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December 09, 2021, 07:17:29 AM |
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We don't buy altcoins because they are listed on binance exchange and other big exchanges, remember that all coins started from small exchanges before they get listed on big exchanges, for example a new coin must have a certain amount of market cap to get listed on binance exchange
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blockman
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December 09, 2021, 09:59:15 AM |
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yes, that basic concept must exist in every trader. Dare to do to get big profits and big capital also determines how little or how much profit is obtained. You also need to know that not all altcoins are good friends, sometimes there are also memecoins that exceed altcoins.
Getting get profits and use bigger capital without thinking and if you're just a newbie, is a big no. You don't actually have to dare your position upon investing in the market. There's no need for you to rush into investing if they're only on a small exchange. You do have that preferred coins to invest and if that meme coin is there only and you're too eager to invest in it, remember that not all of them are profitable. There is a likely that you'll eventually incur losses instead of making profits as you say. I think a person, be it a beginner or an experienced one, if he is able to understand candlesticks or charts on market movements then he is able to reap the benefits of his investment in crypto. that's why I think it's important to risk myself in investing if the goal is to make a profit. Apart from risking yourself it is also very important in understanding the market charts That's what advantage is. And that's why people who are good in trading and understand a chart, whether the coin is just listed on a small exchange and it's only one and they see it as something profitable to trade with, they'll still trade. But just for the safety of our money, if you want to be safe with your money to invest, you should just trade with confidence with those coins that are listed in several exchanges.
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Rahman11
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December 09, 2021, 10:52:25 AM |
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No, it’s not safe for you, only a low quality exchange listed coins definitely will be not good for future, you may definitely avoid this type of coins and keep your faith over most dependable market peading coins and exchange platform also.
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masterrex
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December 09, 2021, 11:14:54 AM |
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I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?
I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?
If you ask me directly? here is my response I don't base my judgment regarding when it was listed in the first place, I'm just basing my call on the generalization of the project, on how to spur token demand in the future, I read the content of its whitepaper if those written in the roadmap is possible and applicable in the market and then the team shouldn't be anonymous when I notice that the team is not showing its identity I will not invest in that project that's my way to identify a potential project.
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JonathaNFTs
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December 09, 2021, 12:56:15 PM |
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I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?
I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?
If you ask me directly? here is my response I don't base my judgment regarding when it was listed in the first place, I'm just basing my call on the generalization of the project, on how to spur token demand in the future, I read the content of its whitepaper if those written in the roadmap is possible and applicable in the market and then the team shouldn't be anonymous when I notice that the team is not showing its identity I will not invest in that project that's my way to identify a potential project. What about Non Fungible Token ? https://bitcointalk.org/index.php?topic=5376124.0
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Ngewex Yuk
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December 09, 2021, 03:34:22 PM |
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I don't think it's a problem, most new projects always start listing on small exchanges because to be accepted by whales like Binance, Kucoin, or Coinbase, of course, it's very difficult and you have to go through a lot of verification to deposit. as long as the project looks convincing then I will buy and the most important point is to follow the development of the project.
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TIME TO SLEEP
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Ebede
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December 09, 2021, 04:38:23 PM |
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This thread is reasonable to my liking because some people buy a coin to any place they see coin, from my understanding buying a coin to small exchange that list a coin is good but the advantages is not fully guaranteed because the small exchange look like they security rate can't be compared to other bigger exchanges like binance
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aces777
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December 09, 2021, 04:59:57 PM |
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It depends on the token. There's also usually the price hike when something gets listed on a bigger exchange. Many tokens only listed at dexes will pump when they get listed on a CEX (unless the cex is really small).
But it's really hard to determine if a proper cex will list your coin. Does anyone know any good methods to speculate on that?
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Cling18
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December 09, 2021, 05:09:05 PM |
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That's actually the first step that most projects do and I don't see any problem with it as long as the coin has good potential and the exchange has a great reputation. Lots of top coins have started that way so we shouldn't look down on projects or coins that are listed on small exchanges but we should focus on their potential.
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Raflesia
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December 09, 2021, 06:07:58 PM |
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That's actually the first step that most projects do and I don't see any problem with it as long as the coin has good potential and the exchange has a great reputation. Lots of top coins have started that way so we shouldn't look down on projects or coins that are listed on small exchanges but we should focus on their potential.
We should also know which CEX exchange we consider small, because there are some small exchanges but still survive without problems and also with many problems we know a lot, most importantly indeed we have to see the potential about the project but for me still small exchanges are not there are more enthusiasts and this will reduce the potency to certain coins or those listed there. Every project wants to highlight the potential of their project but sometimes it starts with small exchange.
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LUCKMCFLY
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December 12, 2021, 04:37:30 PM |
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The truth is, I would not trust myself, first in the first exchanges it is very easy to close them and not respond for the funds that are there, especially if the small exchange did not have the relevant law actions, also in the small exchanges a considerable volume is not handled , which indicates that it is not a very good thing, it is best to consider a respectable volume so that it gives enough confidence, and with respect to the currencies that are listed it is necessary to do a study of their projects, they may list many currencies without anything of demand just to generate more traffic, since the life of an exchange is its traffic. I really wouldn't trust.
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velive08
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December 13, 2021, 09:01:13 AM |
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yes, that basic concept must exist in every trader. Dare to do to get big profits and big capital also determines how little or how much profit is obtained. You also need to know that not all altcoins are good friends, sometimes there are also memecoins that exceed altcoins.
Getting get profits and use bigger capital without thinking and if you're just a newbie, is a big no. You don't actually have to dare your position upon investing in the market. There's no need for you to rush into investing if they're only on a small exchange. You do have that preferred coins to invest and if that meme coin is there only and you're too eager to invest in it, remember that not all of them are profitable. There is a likely that you'll eventually incur losses instead of making profits as you say. I think a person, be it a beginner or an experienced one, if he is able to understand candlesticks or charts on market movements then he is able to reap the benefits of his investment in crypto. that's why I think it's important to risk myself in investing if the goal is to make a profit. Apart from risking yourself it is also very important in understanding the market charts That's what advantage is. And that's why people who are good in trading and understand a chart, whether the coin is just listed on a small exchange and it's only one and they see it as something profitable to trade with, they'll still trade. But just for the safety of our money, if you want to be safe with your money to invest, you should just trade with confidence with those coins that are listed in several exchanges. someone who is able to understand the market because they are able to master and study the market charts, but for someone who knows whether or not a project is good or not for the future because they have studied the roadmap of a project
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Cryptock
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December 13, 2021, 09:21:37 AM |
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That's actually the first step that most projects do and I don't see any problem with it as long as the coin has good potential and the exchange has a great reputation. Lots of top coins have started that way so we shouldn't look down on projects or coins that are listed on small exchanges but we should focus on their potential.
The question is about small exchanges, and you know a small centralized exchange with a very good reputation? Unfortunately, such do not exist. If I decide to buy on a small exchange, I do not make large purchases, I buy in small parts and withdraw to my wallet. It is safer to buy on decentralized exchanges.
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lvsca
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December 13, 2021, 09:28:10 AM |
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In fact small exchanges are very vulnerable to hacking attacks. However, when you want to invest, you already accept the risk. My advice is, join the token sale hunter community and ask there about the small exchange you're referring to. They have experiences that they can share so you don't buy right away.
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acapulco
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December 13, 2021, 11:26:50 AM |
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I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?
I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?
what I can say is that we make as much value on a small exchange as on a large exchange. For example, I stake on my wallet the dashd since the start of the project and I have an average reward of 0.035 btc per day, then I use birake just to withdraw my earnings. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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tyz
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December 13, 2021, 01:32:32 PM |
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...remember that all coins started from small exchanges before they get listed on big exchanges...
That's not quite true. There are many top projects which were directly listed on top exchanges, on the one hand because they were massively valued and hyped right after an ICO or, on the other hand, when they were issued in cooperation with one of the top exchanges. I remember Ethereum for example, which was pretty early listed on the top exchanges.
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gurunanakji777
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December 15, 2021, 07:27:20 PM |
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You must be aware hackers are super smart they hack many exchanges to date so keeping coins on exchanges is not safe unless you want to sell them. You can keep your coins in a Hardware wallet like Trezor or Ledger wallet. I heard about only the Mana coin and the other 2 coins you mentioned I never heard about that from anyone to date. It's not like that if a coin is listed on a small exchange it will not be a good coin. If the dev is good and active you can rely on the coin but this is one of the things that should be considered before buying any coin. The Community of any coin also plays a major role in the growth of the project If the community is strong we can expect growth and if the community is weak we should consider twice before buying such a weak community coin whether it is listed on any exchange.
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