Re: MEXC.COM worth bagging their token?

MEXC is a reliable exchange one of the best out there but their token value is not highly volatile good for long term holding too, still I think the early investors are the most lucky ones, I'd buy CoinEX token instead since it's a young exchange, more room to grow too

I don't know why everyone thinks that central wallet tokens are good in the long run, the only success is BNB and UNI all came after a long time effort.
Therefore, it is not good in the long run, and I think it is very similar to the KuCoin platform.
In general, the platform does not look scam and has good trading volumes, so some profits may be made in the short term.

So you mean I shouldn't bag it?
Do I sell off the already bought token of mexc.com. I only shared here to seek from the speculators and those who understands more than me.
At this point wondering what to do.
Looking closely you sounds I should only hold for short time.

My suggestion is to hold for some short time and once the price jumps so high, you can sell it for half or more but leave some amount on the wallet just in case the price can increase more than the last high price. If the price is down after that increases, and the down is deep, I think you can buy back the token and hold it again. MEXC.com is similar to BNB and KCS tokens initially, but they can lift the price and BNB now is at the top position. So if MEXC.com as the exchange can grow, then the chance for the token to rise will be bigger.