Post
Topic
Board Altcoin Discussion
Re: altcoin binance smartchain wort it?
by
jaberwock
on 26/03/2021, 09:59:16 UTC
Well not all altcoins binance smart chains are good to invest.. You must do your own research the project first because I believe there are some of them are scammy projects. Binance smart chain is getting popular now for sure the scammers will join this trend making their own Binance smart chain altcoin.
Especially with Binance conditions which are predicted to surge in several articles that I make in April, scammers will definitely enter it, considering that many people are tempted by projects related to Binance
It is not even just scammers, even the "good" projects have a limit and I think that's why it is a mistake to stay in them for way too long. Think about it this way, there is 28800 blocks per day on BSC and most of the time blocks are 1 on those tokens, that means there is 28800 tokens per day in there, and that is why I think it is quite impossible for it to continue, even if it is 10 bucks that means we have nearly 300k bought every day without even selling to make it go on, and there are ones that pay even more, like LP and pools which means it is going to be a lot more.

This is why I think even the best projects that come out with the best intentions will eventually go down because nothing can be sustained that much every single day forever. This is why anything you get in, scam or not, you should get out of those BSC tokens before it is too late and before get out before you.