Post
Topic
Board Altcoin Discussion
Re: Will Binance increase again?
by
Labumi
on 10/05/2019, 10:27:42 UTC
in order for an altcoin to rise again, it first has to get dumped again and that is partly why Binance is going down at the moment so if you are hodling any of it then it is a good time to get rid of it before you end up with a big loss like -90%.
but Binance is not going to die just because of this hack, they still have the market in their hands and will come back although they have lost a great deal of trust from users who are now switching to other exchanges.
I don't think that's all that makes the altcoin price in binance fall, but now that makes the altcoin price in the binary fall is the effect of the increase in the price of bitcoin, often when the bitcoin prices rise surely the altcoin price will fall, traders have fear and I It feels natural because a few days ago there was bad news that appeared in binance.