Post
Topic
Board Trading Discussion
Re: Binance trading activity is 13x larger than any other exchange
by
Jating
on 24/09/2022, 23:45:06 UTC
-snip-
Do you mean, they more prefer to invest in a shtcoin where pump and dump happen? they want that because they can easily get money and sometimes more than double happens to their money but the thing is not all shtcoin can give them easy money, just stay as you are. Binance will always be the safe place for me for everything in this trading world.
This is getting interesting after what happens to binance and with all the regulations changes despite the fact that you are trading on a CEX now. Some people would rather choose a reputable exchange than choosing those a DEX or perhaps it's all about the pump and dump of their tons of shitcoin coming in and out that's why most people would choose binance over the other?

Probably or it's just that Binance could be for everyone, average Joes to whales (although might be doing OTC). But for the majority of us, they seems to be comfortable and at least they are very supportive as they have been planning to put up education in our country regarding bitcoin/blockchain technology.

We never know what people are thinking these days but one thing is for sure, they like profit that has high risk and high reward ratio

Yeah, and it's also case to case, but for the old and traditional traders, maybe buying and just doing some few trades here and there, and HOLD.

But for the riskier individual, taking daily trades and look for profit is their thing.