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Author Topic: Exchange vs wallet tokens. Your preference  (Read 2179 times)

Online Crypto Library

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Re: Exchange vs wallet tokens. Your preference
« Reply #15 on: June 07, 2024, 09:38:18 PM »
If I had to choose, I think I would choose BNB because it is supported by both Binance CEX and BNB chain, it has a lot of value and can actually generate profits for holders and investors. OKB of OKX is also very popular but OKX's blockchain is not really well-known and does not yet have a large enough ecosystem to compete with BNB chain.
This is true, but CEXS rarely continues to provide excellent results for more than two cycles and Binance has existed since 2017 so I do not think we will see crazy heights as it was in the past.
Cycle means you want to mean the halving  right?
Although I'm not a huge fan of investing in altcoins, I have some investments in Binance's official BNB coin along with a long term strategy in Bitcoin, although I don't know or have any prior experience with cex's longevity.  But I don't think they will vanish or continue to perform after two cycles. Because they have already started taking many actions to avoid being in danger, the first step type was the dismissal of their CEO cz. But the allegation will always be with the centralized exchangers And I also think that main investment in centralized exchanges or holding the coins of centralized exchanges would not be very wise.

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Re: Exchange vs wallet tokens. Your preference
« Reply #15 on: June 07, 2024, 09:38:18 PM »

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Online SmartGold01

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Re: Exchange vs wallet tokens. Your preference
« Reply #16 on: June 07, 2024, 11:12:36 PM »
Exchange token has the potential to quickly give good ROI in my opinion let take for instance as binance token, lot of people has been building their project into binance network which is bsc and the possibility of BNB to soar is dependant of request for gas fee, to whomever that tap on this network to build their project they definitely needs BNB gas to send and transact with their currency make it unavoidable for price to soar.

Offline Maxcryptic

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Re: Exchange vs wallet tokens. Your preference
« Reply #17 on: June 08, 2024, 05:54:20 PM »

Then what about BWB?  I personally hope that BWB will have a good price when it is first released, hoping that the price can reach $2-$3 at the start of trading.
It obviously did not but i still feel trading around $0.8 and $0.7 upon launch should be a good start considering the total supply. Any form of price growth should come from the continuous impact of its utilities on the wallet. Lets hope it replicate BGB success or probably out perform it.

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Re: Exchange vs wallet tokens. Your preference
« Reply #18 on: June 08, 2024, 06:28:06 PM »
Then what about BWB?  I personally hope that BWB will have a good price when it is first released, hoping that the price can reach $2-$3 at the start of trading.
It obviously did not but i still feel trading around $0.8 and $0.7 upon launch should be a good start considering the total supply. Any form of price growth should come from the continuous impact of its utilities on the wallet. Lets hope it replicate BGB success or probably out perform it.
Actually, I'm a little disappointed with the price of BWB. My prediction is that the minimum price for BWB will be up to $1.  But it turns out it wasn't there and only half of it, I had some BWB from the Airdrop Event and also took part in the Pre-sale. Actually I have made a profit, but just not according to predictions. Hopefully this BWB price is good, and can continue to rise.

Offline joniboini

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Re: Exchange vs wallet tokens. Your preference
« Reply #19 on: June 13, 2024, 05:24:37 AM »
But it turns out it wasn't there and only half of it, I had some BWB from the Airdrop Event and also took part in the Pre-sale. Actually I have made a profit, but just not according to predictions. Hopefully this BWB price is good, and can continue to rise.
It's always a good thing to set your target conservatively. Especially if your token has airdrop, pre-sale with multiple rounds, contests, etc. As long as you made a decent profit from that, you can get back your capital and focus on trading them without any attachments. I've participated in some launchpads and airdrops and most of them underdeliver too, especially if there's no hype from social media to pump the price beforehand. I don't think exchange or wallet tokens will be immune to this.

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Re: Exchange vs wallet tokens. Your preference
« Reply #20 on: June 15, 2024, 09:05:36 PM »
The only reason for this is trust because you can buy binance own tokens without worrying about anything because they have a huge platform. Where there is a lot of community and customer service. Note that an exchange platform has many customers so if everyone buys their tokens, the price will definitely increase. Wallet tokens like trust wallet and C98 wallet on the other hand are working on their own but not as spectacularly as exchange tokens. The other best are bnb and okb whose token prices have increased within a few days so it can be said that their development is the fastest along with a sound plan.

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Re: Exchange vs wallet tokens. Your preference
« Reply #21 on: June 17, 2024, 08:51:48 PM »
Its more better to have the two altogether, but we must never forget to remember that they both also have their own disadvantages altogether, and when we are investing, we should do that with caution and also make wise decision on the coin or token we are going for, they must be the one we can afford to take risk on, this is all about the way things appear and how we see them in cryptocurrencies for everyone to take measure on the risk he can afford to take.

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Re: Exchange vs wallet tokens. Your preference
« Reply #21 on: June 17, 2024, 08:51:48 PM »


 

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