Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: IyemRoker on January 08, 2024, 10:42:53 AM

Title: How Much % Profit did You Get from IEO on Binance??
Post by: IyemRoker on January 08, 2024, 10:42:53 AM
(https://i.imgur.com/iZWGfz6.png)

Holla altcoinstalks member, i have a bit questions from my brain because every saw Binance App (https://launchpad.binance.com/en) always look button "New Listing".
*This question might relevantly reveal your personal income but I emphasize that you don't need to reply with the money you get but with how much you get percent (%) from the IEO event on Binance.
*Include profit like as : invest in private/public sale token A , join Launchpad , Launchpool with BNB or trading while first time listing on Binance.

-How much % your profit ?? (Invest,Trading,Launchpad, etc)
-Profit from wich token ??
-How long you get profit since first listing on Binance ??
-If you profit , what do you do with the money??   invest again, trade or withdrawl to your Mastercard ?
-In the next month , if IEO binance launching , will you join again ??

I hope friends here can reply immediately and in detail, so that I can learn how to profit from IEO on Binance.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: MrSpasybo on January 09, 2024, 01:41:46 AM
I don't participate in IEOs often, I like tokens that are listed on CEX and have a stable trading volume.

In mid-2021, I participated in Coin98's IEO on Binance. Coin98 is a Crypto Wallet project from Vietnam, currently this project has changed its name and expanded its field in crypto market. IEO price was $0.075, then price increased to $6.7 after 1 month, that was in August, but unfortunately I was not able to sell C98 at this price.

I believed that the market would recover and C98 would reach ATH by the end of 2021. Expectations did not come true and I sold C98 in March 2022 at $1.5. Unfortunately, I only have a few dozen C98 tokens, so my profit is only about $100.

(https://www.tradingview.com/x/ZFAApamZ/)

$100 was used to DCA BTC in 2023, and I am completely satisfied with the 60% profit ;D

Now BTC halving is approaching, I will only focus on BTC. After halving, I will switch gears and start looking for opportunities with altcoins. At that time, buying BNB to participate in IEO on Binance is also a good plan to get high profits during the altseason.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: IyemRoker on January 09, 2024, 03:30:57 PM
$100 was used to DCA BTC in 2023, and I am completely satisfied with the 60% profit ;D
What is the meaning DCA ?
That's technique of trading or what?

And your profit is 60% , thats is huge money for profit from your asset.
Just imagine , if you trade C98 coin with 10 Bitcoin capital and your profit is 6 Bitcoin, awesome.
As far as I know, this C98 coin was a good coin during the IEO on Binance because until now I also have a few C98 coins because I held BNB at the Binance spot wallet when the Launchpad happened, so I got a few free C98 coins in the Spot wallet.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: MrSpasybo on January 09, 2024, 06:56:18 PM
What is the meaning DCA ?
That's technique of trading or what?

And your profit is 60% , thats is huge money for profit from your asset.
Just imagine , if you trade C98 coin with 10 Bitcoin capital and your profit is 6 Bitcoin, awesome.
As far as I know, this C98 coin was a good coin during the IEO on Binance because until now I also have a few C98 coins because I held BNB at the Binance spot wallet when the Launchpad happened, so I got a few free C98 coins in the Spot wallet.
Dollar-cost averaging involves investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price. By using dollar-cost averaging, investors may lower their average cost per share and reduce the impact of volatility on the their portfolios[1].
I bought 10 USDT in BTC every week, currently 100 USDT has been used up at an average price of 1 BTC = $28K, so compared to price of 1 BTC = $46K, I am making a profit of 60% of my initial capital . I'm not a professional trader so I just buy & hold.

Unfortunately I don't have hundreds of thousands of USDT to invest in BTC, then a 60% profit would be huge when measured in $  :P

I am also followin C98 token, it is a token from the Vietnamese team so it will always receive support from me. I am very optimistic about the upside potential of C98 in 2024 cycle. As crazy as it sounds, I even expect that C98 token will reach $120 by 2025 🚀🚀🚀

(https://www.tradingview.com/x/xm4cniid/)

[1] Dollar-Cost Averaging (DCA) Explained With Examples and Considerations (https://www.investopedia.com/terms/d/dollarcostaveraging.asp)
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: TOYMAN on January 09, 2024, 07:13:05 PM
I don't participate. Binance will continue to add Launchpad tokens. Added a token today whose first day volume is not good enough. Moreover, the market is continuously going down so now launchpad token is not hitting so much.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: ajiz138 on January 09, 2024, 09:19:21 PM
Lately, I haven't been following IEOs on Binance very much, even though many projects have launched and made big profits because after listing the token rose above 1000%, that's all I know.

What I know is that if you have a little capital, you will get a small percentage because we know that in Binance there are whales who stake a lot of BNB to participate in the launchpad which is currently underway.

Projects that launch on Binance rarely fail to meet their expectations. Just look when Binance announces the launchpad/launchpool, lots of people follow there.

Regarding whether to join if the project is launched, I will answer no, more focused on bitcoin which will remain HODL there.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: TopT3ns on January 09, 2024, 11:43:34 PM
Lately, I haven't been following IEOs on Binance very much, even though many projects have launched and made big profits because after listing the token rose above 1000%, that's all I know.

What I know is that if you have a little capital, you will get a small percentage because we know that in Binance there are whales who stake a lot of BNB to participate in the launchpad which is currently underway.

Projects that launch on Binance rarely fail to meet their expectations. Just look when Binance announces the launchpad/launchpool, lots of people follow there.

Regarding whether to join if the project is launched, I will answer no, more focused on bitcoin which will remain HODL there.
Many people participate in the project Launchpad, which has a guarantee from Binance, which is a good step to participate in a project that is still in its infancy. In this way, Binance manages to get a lot of benefits because, to contribute, they have to hold as much BNB as they can. Meanwhile, as you said, there are a lot of rich people who have BNB on the Binance platform, so in this way, it will be easy for people who become rich to gain wealth.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: Baofeng on January 10, 2024, 12:52:10 AM
Same here, I didn't participate in any of Binance launches, and I think it was hot like 2 years ago, so not sure if it is still as hype as before or investors looking for other ways to make money.

And if I'm not mistaken, its really hard to go inside this launches as I believed Binance are being selective as to who's who is going to invest on their launchpad that's why as I ordinary investors, I stay away from them.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: masudginanjar on January 10, 2024, 01:42:38 AM
And if I'm not mistaken, its really hard to go inside this launches as I believed Binance are being selective as to who's who is going to invest on their launchpad that's why as I ordinary investors, I stay away from them.
I have also never invested in a Private Sale or Public Sale for tokens listed on Binance, it seems that it is very difficult to enter these projects.
But to be able to enter the Launchpad/Launchpool, we only have to buy BNB on the Spot market, then you lock the BNB in the Launchpad/Launchpool menu.
Usually, this Launchpad/Launchpool is held for a few or several weeks, depending on the rules given by Binance. And first, the Launchpad/Launchpool in BNB coins usually immediately increases in price by several %, this is instant profit.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: IyemRoker on January 10, 2024, 09:03:59 AM
Dollar-cost averaging involves investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price. By using dollar-cost averaging, investors may lower their average cost per share and reduce the impact of volatility on the their portfolios[1].
I still don't understand the discussion of Dollar-cost averaging (DCA), maybe it takes more time to understand Dollar-cost averaging (DCA).
Based on my observations, it seems like Dollar-cost averaging (DCA) can be very beneficial for us as cryptocurrency traders because it minimizes costs.
But, can we combine Dollar-cost averaging (DCA) with Altcoins trading? for example, like DOGE, Ripple or Polkadot coin?? Because this is very interesting to me for try it.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: ajiz138 on January 10, 2024, 01:04:17 PM
--
Many people participate in the project Launchpad, which has a guarantee from Binance, which is a good step to participate in a project that is still in its infancy. In this way, Binance manages to get a lot of benefits because, to contribute, they have to hold as much BNB as they can. Meanwhile, as you said, there are a lot of rich people who have BNB on the Binance platform, so in this way, it will be easy for people who become rich to gain wealth.
Those who participate in the launchpad are clear about the benefits they get, especially since the token allocation they get is quite large, but it depends on whether the capital is large or small, in the Binance exchange there are still big whales who participate in this launchpad.

For example, the XAI project with total BNB staking in this pool is 15 million BNB (https://launchpad.binance.com/en/launchpool/XAI_BNB), not to mention the large amount of stablecoins, how much profit they get will clearly meet their expectations, especially investors who make large contributions to the platform.

It would not be surprising if there is a time when another launchpad project with only a few days of staking will be larger or even full before the end of time.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: Aanuoluwatofunmi on January 10, 2024, 02:19:32 PM
To be real and actual about this, not everyone investing is making profits, if you're investing and not doing the right thing that can position you to making profits, then you may not make anything from what you're doing than wasting your time and money because what you're investing on will later turn a loss, also how prepared are we in taking up the challenge that comes through what we are investing, are we the type that runs away or stay to face it whenever challenges appears.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: MUGNIA on January 10, 2024, 02:37:48 PM
I have never participated in an IEO anywhere, but I have participated in Launchpad on Binance, the profit is quite good because I did not participate in large amounts, only the minimum limit, the profit I got was around 30%. After making a profit, I never repeat buying again when the price goes down, because I minimize the risk and I don't want to be exposed to the risk of funds being held up in new tokens.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: jonathancool220 on January 10, 2024, 03:19:15 PM
Same here, I didn't participate in any of Binance launches
I am only analyzing in terms of the profits that can be taken from IEO Launchpad and Launchpool on Binance, because just trading BNB coin is already profitable.

-While information about IEO Launchpad and Launchpool on Binance has not yet started, the BNB price is still stable or tends to decline.
-When there was information about IEO Launchpad and Launchpool on Binance, the price of the BNB coin started to rise quickly by more than 7% (this is the average).
-Unfortunately, we don't know when the IEO Launchpad and Launchpool on Binance will start, even the team from Binance has not provided detailed information regarding the IEO Launchpad and Launchpool on Binance.

And I have a suggestion for me personally, when BNB coin starts to fall sharply, then that's the time for us to buy BNB coin because surely in the next few weeks there will be an IEO Launchpad and Launchpool on Binance and the BNB coin price will definitely rise again, and there we can take advantage profit of the moment from IEO.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: Jaephoenix on January 10, 2024, 06:06:41 PM
Binance listings are always kept like state secrets. And I always get in late. I have never made any profits from it. The Manchester City token was the last straw that broke the crypto camel's back. I stopped participating in Binance IEOs
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: TopT3ns on January 10, 2024, 11:31:30 PM
Binance listings are always kept like state secrets. And I always get in late. I have never made any profits from it. The Manchester City token was the last straw that broke the crypto camel's back. I stopped participating in Binance IEOs
Binance always provides surprises for traders who still like it. The IEO on Binance is actually quite good, but sometimes at the start of the launch there will be Fomo, which triggers other users to enter without going through the IEO. After a few days, the price collapses because the developer makes a profit withdrawal, which makes investors stuck at high prices. That's a risk that often occurs when contributing to an IEO.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: IyemRoker on January 11, 2024, 06:42:49 AM
Binance listings are always kept like state secrets. And I always get in late. I have never made any profits from it. The Manchester City token was the last straw that broke the crypto camel's back. I stopped participating in Binance IEOs
"Secret"
The main key is in the word "Secret".
I also have a problem that it's in "Secret" because I can't access when Binance Exchange will release the newest Launchpad.
If we had known when the Launchpad would be held, we would have bought BNB coins from the start to hold and join the Launchpad.

Does anyone on the altcoinstalks forum have relations with people who are staff at Binance??
If there is a representative from Binance on this forum, please reply to this thread and we will discuss how to join Launchpad at the right time so you can make a profit.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: gunhell16 on January 11, 2024, 03:53:35 PM
I don't participate in IEOs often, I like tokens that are listed on CEX and have a stable trading volume.

In mid-2021, I participated in Coin98's IEO on Binance. Coin98 is a Crypto Wallet project from Vietnam, currently this project has changed its name and expanded its field in crypto market. IEO price was $0.075, then price increased to $6.7 after 1 month, that was in August, but unfortunately I was not able to sell C98 at this price.

I believed that the market would recover and C98 would reach ATH by the end of 2021. Expectations did not come true and I sold C98 in March 2022 at $1.5. Unfortunately, I only have a few dozen C98 tokens, so my profit is only about $100.

(https://www.tradingview.com/x/ZFAApamZ/)

$100 was used to DCA BTC in 2023, and I am completely satisfied with the 60% profit ;D

Now BTC halving is approaching, I will only focus on BTC. After halving, I will switch gears and start looking for opportunities with altcoins. At that time, buying BNB to participate in IEO on Binance is also a good plan to get high profits during the altseason.

60% profit! Wow, congratulations anyway to you, dude. And in fairness, the strategy you are using now is good; it seems to me that we are thinking the same, but I am not sure. After the halving, I am thinking that altcoins or cryptocurrency will have a rally in the market.

Because the opportunity to make a profit in cryptocurrency is higher if you are sure of what you choose to hold in the upcoming bull run in the crypto market. I'm already ready for that kind of thing, and I'm even more continuing to do DCA at the moment.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: TopT3ns on January 11, 2024, 11:48:56 PM
60% profit! Wow, congratulations anyway to you, dude. And in fairness, the strategy you are using now is good; it seems to me that we are thinking the same, but I am not sure. After the halving, I am thinking that altcoins or cryptocurrency will have a rally in the market.

Because the opportunity to make a profit in cryptocurrency is higher if you are sure of what you choose to hold in the upcoming bull run in the crypto market. I'm already ready for that kind of thing, and I'm even more continuing to do DCA at the moment.
Just like a few years ago, when a bull run occurred, the price would then decline downwards because currently there is only FOMO from the Bitcoin halving, which will soon occur, even though investors have bought very large amounts of Bitcoin and only need to wait for time to sell it at a high price.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: Uruhara on January 12, 2024, 02:11:55 AM
I once joined but to be honest it didn't produce much profit at all. I don't even know what percentage I get every time I join Launchpool or something like that on Binance. Because profits are always too low. So I haven't followed him for a long time. Because those who benefit are definitely those who have the largest capital who own large amounts of BNB. Meanwhile, those who have a little BNB would be better off just trading and taking advantage of the BNB which rose when Binance held Launchpool.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: sampoerna on January 16, 2024, 11:21:03 PM
Does that mean it also includes Binance Launchpad? If yes, it doesn't seem big enough because I've done it several times following the Launchpad and it turns out it's not that easy. Because after all, our competitors, investors who often use cellphones, certainly have a very large amount of BNB compared to us. So, however, the amount of BNP we have is sometimes only a few percent of what you can get in the program, so you only get very few tokens. So even though you get a profit, it's only a small amount, except for those who have a lot of capital, they will most likely get a lot when they sell it at the right moment.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: TopT3ns on January 16, 2024, 11:28:07 PM
Does that mean it also includes Binance Launchpad? If yes, it doesn't seem big enough because I've done it several times following the Launchpad and it turns out it's not that easy. Because after all, our competitors, investors who often use cellphones, certainly have a very large amount of BNB compared to us. So, however, the amount of BNP we have is sometimes only a few percent of what you can get in the program, so you only get very few tokens. So even though you get a profit, it's only a small amount, except for those who have a lot of capital, they will most likely get a lot when they sell it at the right moment.
Binance Launchpad is an event for rich people to be able to increase some of their assets in an easy way, or, you could say, in a free way, because only BNB owners with very large amounts will get quite a lot of results, and of course, in this way, it is possible for Binance users from lower to middle class to probably only get a small portion.
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: kent47400 on January 17, 2024, 06:32:23 PM
IEO in Binance is stingy for rewards, and only a few rewards are given when IEO is done.
Maybe why stingy against rewards because binance does not want every project that is launched at IEO is useless alias dump.
Unless we have thousands or tens of thousands of BNBs, we can get reasonable results and can make our wallet fat with money.
Depending on those who like binance, if that's the best to get money then please just do it but my experience is to follow the IEO at Binance it is a token Alice with a capital of 1 BNB, and when the event launchpad ends it is only a few Token Alice given. Huh  ???  :(
Title: Re: How Much % Profit did You Get from IEO on Binance??
Post by: aiviaa485 on January 19, 2024, 03:48:37 PM
Only a few benefits that I get because I only have a little BNB in Wallet Spot.
As far as I know to join the IEO launchpad or launchpool at Binance, it is enough with the BNB coin hold.
-Bnb is stored in a spot wallet
-Select the launchpad menu
-So select the project that we will join the launchpad/launchpool
-Select the BNB stake button
-Done


If I have more BNB, maybe I will also get a lot of rewards tokens as a result of launchpad or launchpool.
As I recall, for one launch or launchpool, it was no more than 100 USD (in the form of an IEO token) and then when listing at the spot market, I immediately sold the IEO token.