Post
Topic
Board Altcoin Discussion
Re: IEO is popular, what do you think? Will you participate?
by
Whosdaddy
on 31/05/2019, 05:04:46 UTC
Well i start think to invest on some IEO, but first i will have to check better, and i think on Binance i will chose one after i do some research, but i will not invest a lot maybe a bit more than minimum possible.
The fact is that today IEO is the best alternative to ico company.  In any case, trade exchanges provide certain guarantees for investors who are trying to invest their money in new coins.  But here you need to make the right choice of the trading exchange, because here we are talking about the safety of your funds.  I’m worried about the latest negative news about Binance, where hackers stole about 7,000 Bitcoins.

Binance's loss of 7000 BTC has been resolved long ago and BNB has had a dump of about $ 18. However, the current price of BNB is $ 33.x, almost doubling from that incident. Rest assured because Binance is now one of the largest and safest crypto companies
I am not even sure it was even the FUD news that binance value responded to then that made them dump, during that period, most coin dumped too as bitcoin dropped it price and since most altcoins including binance follows Bitcoin price movement too aside its own product, the all went on correction stage.

Binance never reacted to the hacking, which shoes how much their community believe and trusted their system. When the hacking news came, people believe that they had it under control which they did, by already making provision for SAFU funds in case of things like this happens. If they can handle those cases easily, then I think their IEO project is safer than the rest.