Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Topic started by: damsix on May 21, 2021, 01:51:57 PM
-
I am interested in making this thread because in this Sub-Forum no one has voiced a voice that a member here has experienced losses from BEP20.
Maybe I have also felt the disadvantages of the BEP20 but not too much and that's a factor because of BTC Dump.
I bought token A from BEP20 and it turned out that token A was actually dumped and almost 30% minus and yesterday even up to minus 34% because of the effect of the Bitcoin price which Dumped up to -11%.
But I am sure the A token will recover quickly and I am still holding it until it returns to the original price I bought it.
Have members here ever felt disappointed with the BEP20 token ?
Try to tell your experience friends !
-
like erc20 token they fluctuate
but the last few days the entire market dumped ...
-
I feel disappointed because so many tokens created have been listed on the decentralized exchange market such as Pancake Swap and ultimately failed to shine or pump.
It's very sad to see it but this is the fact that there are so many BEP20 tokens that are disappointing, especially if we are not careful to analyze what has happened so far in the Pancakeswap DEX market.
-
Adding to what admin said, it's quite unfair that you had to single out BEP20 tokens when even BNB and Ethereum has taken a massive beating from the major BTC sell off. Anyone who is emotionally affected by what happens in the market will feel disappointed.
-
The dump is not only in BEP20 tokens. All cryptocurrencies are dumped so high and it probably more than -40%. I lose more than 50% value of my portfolio assets and they include BTC and most of them are ERC20. I only have a few BEP20. This is not the fault of BEP20 but the market is still dumped
-
There are lots of BEP-20 tokens and I think when the Bitcoin price goes down all the token prices also go down, I still remember when the CAKE price hit a new ATH above $40, but currently the price is below $20 and I think other tokens experienced the same decline which is - 40% to -60%
-
For me if to buy any token is to in one way or another to lock it so it brings dividends but still i would sell with the halving cycle reaching its peak which is not yet in
-
I think there is nothing to be disappointed about because the market is bearish...
it's not just the bep 20 token that has experienced a price decline, almost all tokens/coins have experienced it. the point is that nothing crypto is separated from this bear market.
-
It's very sad if the OP feels the loss as a result of buying the bep20 token which is now continuing to decline in price and it's very sad to feel because the price decline of the bep20 token always follows the price of BNB
Then the price of BNB also always follows the price of Bitcoin and the increase + decrease in Bitcoin is a result of the effects of good and bad news on online social media.
-
I have never experienced disappointment because of tokens from BEP20 because I have never invested my funds in BEP20 tokens, I mean I have never followed IFO, IDO on DEX of the BEP20 token type.
Instead, I benefited from the 100X bounty on the Altcoinstalks forum and 100x Coin is a token of type bep20 and has definitely been traded on Pancake DEX.
-
Most of the SWAP and Yield Farming projects of BSC network turned into scams. But it is not about the network. We can see such projects at other networks too. I did not lose money on those projects, even I earned some. But still, to see too many scam projects on BSC is not cool.
-
Most of Bep 20 now are scam and some doesn't have a bright future. The population of Bep 20 projects increase due to migration from eth high gas fee. I also think some people take advantage this moment where millions of people are in door business. Scammers cloth like a good sheep but vampires. By the way whether the token is erc20 or bep 20 they cannot scape the reality of market fluctuates.
-
If it is about projects that are on the BSC platform, I don't think that this problem with a BSC platform except for the news about the country.
BSC has some benefits like the cheap cost for trasnferng. However, it is still limited to know what exchange that accepts BSC token
-
Some time after the bearish period is the best time for long-term investment in cryptocurrency, but those who trade well this time will win anyway. I think this is a matter of choice, but I agree with your conclusion. I had a lot of time to trade, but I stopped trading because I had more losses than profits, so I said it was my choice, because I made a long-term investment, so it depends on your choice.
-
I see that there are a lot of tokens from BEP20 that have been created and almost countless and many scammers are rampant from the existence of the BEP20 token.
But so far I am very happy because the BEP20 tokens that I analyzed are all good and do not deviate from what was predicted, such as Pancake, Bakery, Venus etc.
-
I think the BEP20 token is not much different from the ERC20 token the main thing that sets them apart is their platform. If you don't want to get disappointed in buying BEP20 tokens, do some research and analysis before buying, choose a project that has good fundamentals.
-
Until now I have no losses because I am still HoDL, that's what I do when the crypto market situation is bearish, some new coins from the airdrop may not have a price in the crypto market, but when the market situation is bullish, we can take advantage of the coins we buy. I have, I have OBR/OBRb tokens which used to be $800 and now the token price is down by more than 90%, I'm not disappointed because at the current price I can buy more.
note: not investment advice ;)
-
According to his latest blog post, he doesn’t believe this is a bad thing. “More regulations are, in fact, positive signs that an industry is maturing, because this sets the foundation for a broader population to feel safe to participate in crypto.
-
Bep20 is not different from Erc20, or Trc20 platforms, and if there is a dump on Btc price it affect all crypto market no matter the coin/token potential. As a trader I don't feel disappointed with any of these when price crash; it is a part of the crypto market situations.
-
I am interested in making this thread because in this Sub-Forum no one has voiced a voice that a member here has experienced losses from BEP20.
Maybe I have also felt the disadvantages of the BEP20 but not too much and that's a factor because of BTC Dump.
I bought token A from BEP20 and it turned out that token A was actually dumped and almost 30% minus and yesterday even up to minus 34% because of the effect of the Bitcoin price which Dumped up to -11%.
But I am sure the A token will recover quickly and I am still holding it until it returns to the original price I bought it.
Have members here ever felt disappointed with the BEP20 token ?
Try to tell your experience friends !
If you compared ERC20 and BEP 20, of course ERC20 project is more popular and has bigger community than BEP20. While dumped at last months, many BEP20 lost alot. As you said, I also lost several coins. That's normal. BEP20 is not so popular as ERC20.
-
Better to avoid meme tokens whether from BSC or ETH chain.
Crypto is volatile. Even the stable coins may decline (though not too much but the point is "decline"). How much more the new tokens that are not yet fully grown to compete the marketplace.
Me too has so much embarrassing moments. But the good thing is "learning & experience" Of course I'm not doing again the same mistake. Maturity is a kind of deep experience that you are not comfortable with.
After I'd lost my investment. New chapter should begin in good and much better version of approach. Never think to give up because "to give up is the end of story."
-
I have never experienced disappointment because of tokens from BEP20 because I have never invested my funds in BEP20 tokens, I mean I have never followed IFO, IDO on DEX of the BEP20 token type.
Instead, I benefited from the 100X bounty on the Altcoinstalks forum and 100x Coin is a token of type bep20 and has definitely been traded on Pancake DEX.
-
Some new projects will always be built on the BSC network, it happens because BSC has low transaction fees, this makes a lot of BEP20 tokens on the Dex exchange and the #DevelopmentTeam puts a small part of the token sale proceeds into the liquidity pool, I can't name one by one of these coins, but the OP should have done some research to see how long the tokens are locked in unicrypt and anything else about the project like the roadmap and market cap
-
Pumping and dumping for a token is normal for any chain unless it is a stable coin. I am disappointed with BEP20, ERC20 tokens because scammers are taking advantage of listing in DEX exchanges (no listing fees!). That is why I am easy to trust a project which will start listing their token on CEX exchanges at least tier 1 and 2 then later in DEX. But not in DEX first then they promise in CEX later, anyone can create a BEP20 token and list in PancakeSwap and similar exchanges even for a $50 liquidity then start scamming people, but they'll never list a token on CEX that easily.
-
This is a very sad if the OP feels the loss as a result of buying the bep20 token which is now continuing to decline in price and it's very sad to feel because the price decline of the bep20 token always follows the price of BNB .Me too has so much embarrassing moments. But the good thing is "learning & experience" Of course I'm not doing again the same mistake. Maturity is a kind of deep experience that you are not comfortable with.
.Then the price of BNB also always follows the price of Bitcoin and the increase decrease in Bitcoin is a result of the effects of good and bad news on online social media.
-
If it is about projects that are on the BSC platform, I don't think that this problem with a BSC platform except for the news about the country.
BSC has some benefits like the cheap cost for trasnferng. However, it is still limited to know what exchange that accepts BSC token
-
To be honest, until now I don't have any regrets with the BEP20 networked coin because I can get a lot of benefits from taking advantage of the situation in various exchanges, it's just that maybe now more and more are making BEP20-based tokens so that many tokens become waste because they are not used .
-
Don't be disappointed with the market for Binance Smart Chain tokens because basically all these altcoins always follow the price of Bitcoin and this is normal, even for the type of coin from ERC20 or Ethereum it always ends up following the price of Bitcoin.
Binance Smart Chain is a new network in cryptocurrency but the fact is that Binance Smart Chain now has enormous power because of the support from various traders and investors.
-
It's very sad if the OP feels the loss as a result of buying the bep20 token which is now continuing to decline in price and it's very sad to feel because the price decline of the bep20 token always follows the price of BNB
Then the price of BNB also always follows the price of Bitcoin and the increase + decrease in Bitcoin is a result of the effects of good and bad news on online social media.
-
Initially, when they created the platform, there was not a very good advertisement for this product, there were even projects on this platform that were used a little. I was not very interested in this product and I did not study it further.
-
This time, BSC projects are swarming like locust in the BSC blockchain. Most of them are definitely a "Pump and dump" projects, or even rugpulls. My friend recommends a coin that will be listed and said "this will go to moon" to our other friends and i warn them about that. and then, a rugpull happens. Our friends suffers a massive lost on their portfolio just like that.
Lesson: Research first. "DYOR".
-
I have never experienced disappointment because of tokens from BEP20 because I have never invested my funds in BEP20 tokens, I mean I have never followed IFO, IDO on DEX of the BEP20 token type.
Instead, I benefited from the 100X bounty on the Altcoinstalks forum and 100x Coin is a token of type bep20 and has definitely been traded on Pancake DEX.
-
A very convenient and cheap platform into which many projects have already flowed from the Ether platform, it is only gaining popularity and attractiveness in the field of investing in this platform. I don't think anyone was disappointed with this product.
-
I am interested in making this thread because in this Sub-Forum no one has voiced a voice that a member here has experienced losses from BEP20.
Maybe I have also felt the disadvantages of the BEP20 but not too much and that's a factor because of BTC Dump.
I bought token A from BEP20 and it turned out that token A was actually dumped and almost 30% minus and yesterday even up to minus 34% because of the effect of the Bitcoin price which Dumped up to -11%.
But I am sure the A token will recover quickly and I am still holding it until it returns to the original price I bought it.
Have members here ever felt disappointed with the BEP20 token ?
Try to tell your experience friends !
I have never experienced disappointment because of tokens from BEP20 because I have never invested my funds in BEP20 tokens, I mean I have never followed IFO, IDO on DEX of the BEP20 token type.
Instead, I benefited from the 100X bounty on the Altcoinstalks forum and 100x Coin is a token of type bep20 and has definitely been traded on Pancake DEX
-
And what BEP20 token is that? It seems you bought a shit coin, most of the shit coin will dump more if bitcoin dump slightly especially the meme coin.. I guess you better research the project first before to invest, not just investing some coins that promises makes you rich..
-
for me this project is still a leader for investments, because I see how the project team develops its coin, and this gives confidence in this coin and all projects
-
Not yet. So far I really thank to BSC because it offers low fee. We know that BSC is likely erc20, but with lower lower fee for transfering.
About many scam tokens of Bsc, we can also find more on erc20. Just be smart and careful
-
I think it's no longer important when seeing the bep token makes many people disappointed, it has become a natural thing when there is a cheaper and high-speed network, there must be many who try to take advantage of it, so it is certain that many use the BEP network for crimes such as doing scams and others.
-
Although there are some people who were disappointed with BEP 20 tokens, in my opinion it is becoming the most popular platform in which you need to invest your money. Although it is not very developed yet, it has already done a lot, not one platform can boast of such achievements.
-
I think that someone had disappointments in tokens when they were just starting their development and the price for it was so low that they are now disappointed that they did not acquire tokens of this project. I also treat these people as I did not buy tokens for myself.
-
I bought several tokens on the binance blockchain. And several times I was disappointed because the price of the token was falling. But it's my own fault that I chose such tokens.
-
A lot of BEP20 tokens have entered my wallet from Airdrop, but a lot of these tokens have no value and just become wallet trash. If I compare with tokens from ERC20 , most of these BEP20 tokens are worse (not all of them, but more).
-
A lot of BEP20 tokens have entered my wallet from Airdrop, but a lot of these tokens have no value and just become wallet trash. If I compare with tokens from ERC20 , most of these BEP20 tokens are worse (not all of them, but more).
Yes, almost the same as some erc20 tokens in 2017 and 2018, when there were many fake coins and fake projects, if you have heard of kicktoken, it is an example of fake coins in the 2018 era, currently the situation experienced by BSC is different from the ether network, because many fake tokens suddenly enter the wallet, it is a dusting attack trap coin and so far I have avoided connecting the wallet to a Dex platform that I am not familiar with to avoid such coins.
-
I am interested in making this thread because in this Sub-Forum no one has voiced a voice that a member here has experienced losses from BEP20.
Maybe I have also felt the disadvantages of the BEP20 but not too much and that's a factor because of BTC Dump.
I bought token A from BEP20 and it turned out that token A was actually dumped and almost 30% minus and yesterday even up to minus 34% because of the effect of the Bitcoin price which Dumped up to -11%.
But I am sure the A token will recover quickly and I am still holding it until it returns to the original price I bought it.
Have members here ever felt disappointed with the BEP20 token ?
Try to tell your experience friends !
Its getting few disappointed when i see that it has lost 30/50% from every down of btc .I have also noticed that most of the project which has come with this ecosystem are fake .So it is really important to avoid those project which are really shit .O wanna share one of my experience that i have polygonume pog on 1.60$ it has down 150% from my buying price on evry fall of btc .Which make me really disappointing and i am really getting more confused on these project .Its true that a true project always has potentiality and a strong base it is always give you a good return so that we have to choose these project and hold our nerve to get a good return .Don't need to become panicked when it get more down hope we may earn from these project as well .Lets see how it will give us on the upcoming days .
-
I mean I have never followed IFO, IDO on DEX of the BEP20 token type.
Instead, I benefited from the 100X bounty on the Altcoinstalks forum and 100x Coin is a token
-
Recently BSC has been having issues with the number of transactions increasing, but I am quite satisfied using Pancake to trade my BEP20 tokens, the fees are cheap and the transaction is really fast. If ETH2.0 continues to be delayed, BEP20 will take the majority of the market share.
-
I mean I have never followed IFO, IDO on DEX of the BEP20 token type.
Instead, I benefited from the 100X bounty on the Altcoinstalks forum and 100x Coin is a token
What the OP meant was the same experience as him, some BEP20 tokens have high slipage and cause losses, it's just a few tokens, but the transaction fees in my opinion are still cheap.
for 100x tokens, you are lucky to get coins from the bounty, because I missed some bounties in the past.
trade or play some games to get passive income, because transaction fees in BSC are very low compared to ether.
not investment advice but currently there are many new coins that make a lot of profit from the game
-
In addition, what is currently happening to bep20 token is also happening to ERC20 token and Blockchain networks, and infact, the crypto market is driven by Bitcoin price and dump on Bitcoin price affect every other coins/token. I think that the only challenges facing BSC Blockchain is network congestion, but if BSC network get good upgrade, the moon is very sure.
-
All cryptocurrencies are dumped so high and it probably more than -40%. I lose more than 50% value of my portfolio assets and they include BTC and most of them are ERC20.