Is exchange based tokens worth for hold?

[danherbias07]

A chance. A risk. That's what I think about altcoins that were produced by exchange.
IMO, they are not the high-risk type of coins especially if an exchange already proved its reputation. BNB is a good example of that. I mean, where did it really start? From scratch. Not many big investors did invest with them but most are retail buyers and then those who are using the exchange. Traders.
They are the ones who reaped the rewards of the sudden boom of Binance and BNB. Now, finding another is like a needle in the haystack because Binance already made its root that they are the top exchange out there and it's not easy to destroy that high reputation they built.
I am holding some exchange coins too and still hoping for a good pump and harvest my long-term investment.

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[woez]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

I think Cake is also good and until now there have been no sideways issues about their platform PancakeSwap. and I see it is in one of your portfolios, so apart from BNB cake it also has a strong reversal if conditions return to normal which is an excellent feature that I like is that there are no intermediaries on the platform and of course if BTC has started to bull..

[abel1337]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

It's a tradable crypto asset so expect a volatility in it even their product is well used by the community. Even if the exchange add more pairs everyday consistently, it doesn't mean it will pump everyday.  If you lost your fate into exchange token, it's a no brainer to not invest in it anymore. I personally have one exchange coin which is BNB. There's a lot of speculations happening around but there's a chance that if binance hold their price until the next bull market, I'm sure I can make a profit on that coin.

[fullhdpixel]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Investing in exchange tokens or coins is extremely risky and it totally depends on how much you trust an exchange and also the popularity and reputation of the platform. However, sometimes, a popular and reputable platform touches the ground in no time just like what happened in FTX which left a lot of investors broke because they had put their trust in the exchange and its native token but it didn't work out and investors lost millions of dollars in investments.

So, there are a lot of factors to be considered before making such an investment, but still, it's better if you buy and hold cryptocurrencies that you think are not associated with an exchange or a platform that can face regulatory complications any time in the future because that can always cause issues.

[shinratensei_]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Based on your experience, you can see what really happened and could think if it is worth continuing or just selling them for a better opportunity.
Whether it is an exchanger token or not, I don't keep it when I notice that there is no improvement because it is just like we wasting our time waiting for nothing. In fact, there are a lot of potential coins that are worth investing in and are more profitable than these exchange tokens. Well, BNB is different but still, if we look it is not really profitable, we can diversify our investment to a better one.

BNB is different breed here in this case, its got its own smart contract blockchain that we all know have the advantage of being extremely cheap if compared with ethereum added with the fact that so many project are deploying their smart contract there which means increased demands for BNB to be used for gas fee.
now even binance is having consistent project fundraising through their platform which is binance launchpad that significantly utilises BNB.
it just means that its a whole different level if compared with the other altcoins in general, thats why its value is retained so good because to put it simply its just that good.

[riantolie]

I don't trust exchange coins. I never did, FTX history was a good example. I'm simply stacking sats in OWNR wallet with a few altcoins and that's enough for me. There are plenty of good coins to choose from without BNB and others like it.

[xen1oph]

Exchange-based tokens can be a tricky game, and not all of them turn out to be winners. But hey, that's the beauty of investing – sometimes you win, sometimes you learn. Take this as a valuable lesson and focus on diversifying your portfolio with a mix of different crypto assets. The crypto world is full of surprises, so keep your chin up and keep exploring!

[Kelvinid]

Exchange-based tokens can be a tricky game, and not all of them turn out to be winners. But hey, that's the beauty of investing – sometimes you win, sometimes you learn. Take this as a valuable lesson and focus on diversifying your portfolio with a mix of different crypto assets. The crypto world is full of surprises, so keep your chin up and keep exploring!

But if you are only investing valuable coins, you can also avoid big losses. However, as we talking about exchange tokens, nah, we need to be very careful with them because the majority are just shitcoins and useless exchanges. If we are into the look for profit, therefore, better to stay away from them or just invest only in Binance coins for safety.
Whether to say that the market is full of surprises, yeah it is if we don't know how it works. But we can anticipate the situation, then we can say that crypto is really a good investment.

[Taskford]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Nothing guarantee anything even if its popular exchange so even if they are having a good run better take extra precautionary measures on your investment. But since you acquired some good coins there still it has potential to rise up its just you need to be aware always on the news and don't get hype easily so that you can think nice then sell according to what target you set.  Remember that to many manipulation so best to think always securing your profit rather than became a greedy dude and bag hold their coins if bad scene hit in the market.

[benalexis12]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

That depends on who you believe. Before I invested in kucoin, because kucoin used to be when you bought it, even if you didn't trade it, as long as you held it, it would automatically stake on its own platform. And now, as far as I know, Kucoin has stopped it, and after that, I sold my holding of it. But for now, the only thing I see that is okay with me is Binance, or BNB, in my opinion. This is the only thing that can be seen if it can be said that there is really strong potential in the future.

[trendcoin]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

I never trust centralized exchanges excessively, but if you categorize the market, you can see that they have a significant share... So, I think it makes sense to invest in exchange tokens in the same way that it makes sense to invest in defi platforms or Layer 2 protocols or play2earn tokens, and I think that's largely the right strategy... However, no matter what, the market moves in a way that is heavily dependent on Bitcoin. So your gains from altcoins actually depend directly on Bitcoin's performance...

[jasonjm]

It is not advisable to hold exchange tokens in your portfolio because they are linked with a single entity, and whenever there is some negative news, the token price will crash. After the FTX crash and bankruptcy, it is now clear what might be the eventual fate of the exchange token.
Invest in BTC and ETH instead for a secure investment.

[Yaunfitda]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Sorry bro, for me, it's not worth it. Perhaps when the trend started by BNB took off, everyone thought that it will be the biggest hype. But as we all know in crypto, only the prime movers will remain strong and that's what happen to them, they are still in the top 5 of crypto market.

But as others you mentioned, they are either dead or the price is not moving at all. Maybe one benefit is that if you used that exchange and then you can save a lot from using their native token. But as far as investors and holding them? Nah, I wouldn't recommend that.

[eaLiTy]

~
I personally have one exchange coin which is BNB. There's a lot of speculations happening around but there's a chance that if binance hold their price until the next bull market, I'm sure I can make a profit on that coin.

It is a fact that Binance is facing pressure from the regulators as they already sued them and SEC claims that it is an illegal exchange and the legal fight is ongoing, so these are not speculations, these are the issues they are facing and it is having an impact in the price. If everything is fine then it will rally big in the next bull run, but if the regulators are behind them, then there is risk if you are expecting a profit.

[Ultegra134]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Why did you exclude BNB? Like other currencies, it is centralized, controllable, and depends mainly on Binance. In short, by purchasing BNB, you trust the future of Binance. If you expect that they will continue to make themselves the number one platform, the price will rise, otherwise the price may quickly reach zero because it is completely centralized.
It is like trusting the local currencies of a developing country, and perhaps investing in BNB is more risky than that. If I were you, I would invest in new CEXs tokens that can grow quickly, the ones that are trying to make their way between the ranking of top crypto exchange if they succeed in that, the price will rise like crazy, and if they fail, I will not invest more than 5%.

The FTX incident is enough if you take into account how much money investors lost due to their token, FTT. Generally, BNB and Crypto.com's coins look promising, and BNB even has its own network. I've seen a lot of comments focusing on the centralized nature of these coins and a possible attack against Binance, which I find highly unlikely to crash the whole exchange and its coin, to the point we see another FTX incident. Although attacks have occurred in the past, they only had short-term effects on the exchange.

Now, to return to the centralized nature I mentioned earlier, the OP also mentioned decentralized platforms, which, in my opinion, may be more prone to hacks and exploits due to potential errors in their code. Beefy's coin, for instance, BIFI, which had lost a lot of ground and support in the past few years, has plummeted in price compared to 2021 or even 2022.

The general rule is that when you invest in such a coin, you're supporting and trusting their platform.

[lalabotax]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

It will depend on what exchange token you are investing.
If seen from your list, some are probably worth it to hold and some may be not.
As we know, not every exchange is actually potential and able to survive during the crisis or bearish era. I know what you mean. During this bear market, all exchange tokens dropped very down, even it is BNB from top exchange. but, as you know, all crypto market during the bearish era is decreasing. If you are counting your assets right now, they must be decreasing. It means that nothing to expect to much during this bear market. But, this may be different during the bullrun era. Most crypto will be rising up, so will the exchange tokens. But once more, not every token will be also following to rise. Many of them are not able to survive and then falling to the earth again. If I were you, I will also be so much careful when going to invest in exchange toke, because not all of them are potential. But here, BNB may be verygood idea to holdm this really has potential.

[Bushdark]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

You need to understand that exchange coin are not always been hyped like other coins that is why you tend to be making some few loses. And sometimes exchange coins do not move like the way they ought to move because people don't always invest in them.
If you want to make some good profits from the market, then you need to be ready to invest in new projects so that you can maximize your profits before the marketmarket finally falls, by then you would have taken your profits and move to the next new project available for launching. This is how many investors do make there money from the market without any struggles.

[JeffBrad12]

It is not advisable to hold exchange tokens in your portfolio because they are linked with a single entity, and whenever there is some negative news, the token price will crash. After the FTX crash and bankruptcy, it is now clear what might be the eventual fate of the exchange token.
Invest in BTC and ETH instead for a secure investment.

true most of these exchanges token are having single point of failure, their exchange goes bankrupt and something goes wrong like their assets gets stolen then the token is done for.
moreover, we've seen currently stagnating chart of these exchange token, in which means that maybe they gonna be stuck until bullrun is coming.

i'd instead hold some other coin like bitcoin, ethereum even the newly released token and coins that being used heavily for alternative blockchain of ethereum, i just feels like there are far more potential there compared with the ones with the exchange token, unless bullrun is near of course.

[LogitechMouse]

As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

When did you bought these exchange tokens? If you bought it last 2021 then I guess it's quite normal that you see them dumped at least 70-80% because of the bear market that happened next year.

TBH, most of the coins that you shared, and bought aren't a bad exchange at all. BNB, KCS and HT has been running for quite some time already. Uniswap on the other hand is the first DeFi, and I guess it's still running. Cake is the first DeFi under Binance Smart Chain, but over time it became a shitcoin. In general, investing in exchange tokens isn't a bad idea, but I don't recommend them for long term holding, not even BNB which is the most popular exchange right now.

Over the years, there has been numerous incidents where these exchanges are losing money because of some bugs or hacks whatsoever. I mean I don't know if I can trust these exchange tokens knowing that anytime, they might be the next victim of these hackers.

[Godday]

If you want to make some good profits from the market, then you need to be ready to invest in new projects so that you can maximize your profits before the marketmarket finally falls, by then you would have taken your profits and move to the next new project available for launching. This is how many investors do make there money from the market without any struggles.

But that's a little difficult to realize. Every year there are thousands of new crypto projects popping up and our chances of getting a green project are very few. It's like betting at a bookie. Some may suggest checking white papers and so on but what happens when coins are launched on the market is how lucky they are to get people's attention. I think choosing blue chip projects is more feasible.