Post
Topic
Board Altcoin Discussion
Re: 90% chances if a coin is listed in Binance it has a good potential
by
Fredomago
on 13/05/2021, 20:14:30 UTC
Not all tokens there are profitable. You still need to check carefully what tokens there you would hold and invest as trading are not easy to gain profit even the tokens are popular and have a large volume. I always check the teams behind the project of that tokens, primarily as I based on their background and if their team can attract a lot of investors. I would invest in their project immediately.

You need to keep following all those necessary information before you take your step in investing to a certain assets, not just because of the hypes and not because of the project popularity.

Though the implications of being added to a large exchange especially binance is really an advantage, lots of traders and investors do follow this exchange, waiting for new project that being added and take the risk while the coin still hot. Most of the time those who knows how to ride are enjoying the profits that they've got taking it in a short process.