Post
Topic
Board Altcoin Discussion
Re: Is exchange based tokens worth for hold?
by
MFahad
on 30/01/2024, 09:31:17 UTC
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Not all exchange based native tokens worth the hold. but some of them are. Like BNB, Kucoin, Cake, Uniswap etc. these are good for holding as long as the exchagne don't run away like FTX.
the reason of holding a coin/token is the project and compony behind that. it doesn't matter if that is an exchange token. or a token of any other project. if you see a good and trustworthy project then you can hold that.
BNB happen to be the best Exchange token so far. it gave a lot of profit to it's holders and traders as you can see it's starting price and price of today.