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Board Archival
Re: THE PERCEIVED FAILURE OF THE COIN CALLED BINANCE
by
joshuab90
on 22/02/2018, 23:05:11 UTC
When the Chinese exchange sprang up from the indigenous coin called Binance, I thought I have finally seen my ticket to financial breakthrough in crypto trading and investment. But how wrong I was! Having seen how well the initial Chinese Coins fared, I thought Binance would fare much better, considering the use cases associated with it. I didn't waste time to withdraw almost all my savings just to make sure I invested in this new gold in the market. The coin didn't waste time in showing bearish signs immediately I took a position. Within a short time, the coin has dropped about 60% from my buying price. I expected a bounce back to its ATH but the coin has defied this expectation as it keeps on dangling at its current price. I might be wrong to draw this conclusion at this time but I believe the coin can still put smile in the face of we the investors. Here, I drop my pen.

What was the initial price you bought in at? That's pretty unfortunate that it took a dip on you. Have you considered using those coins to offset trading costs?