Quote from: Tahid12 on August 25, 2023, 09:58:54 PM

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!

If you invest in exchange-based altcoins, the price of the coin usually really depends on the exchange platform and also the founder, such as what happened on the Binance exchange, if there was a hack on the exchange, the price of the BNB coin would also experience a significant drop in price, as well as when there is Other negative news related to this exchange, even though the Binannce exchange is an exchange that has developed greatly, investing with BNB coins also carries a risk of loss.