Post
Topic
Board Altcoin Discussion
Re: Binance listing can't erase price dump
by
alisonwonder
on 12/05/2020, 21:18:35 UTC
This is what everyone should know. Price dump is inevitable because its unhealthy for price to keep going up. Traders and investors will take profit which will cause price dump not minding how good the project. But a good project will rise with development and demand.
OK let's say you talk like that but now there are many cases like that when entering the Binance exchange place the price will be very difficult to go down but when it has been removed from the binance exchange place the price will immediately fall because many are panicked and the price is influenced by a projects that are developed from the platform when what is developed has a good influence and can be used as a solution then many will use it and the price will definitely rise whereas if not used there will be many who sell it and dump.