Why holding quality alt is key. What do you think of this list?

[bhadz]

That is not strange because many of them works for Bitget and its native token BGB. I'm surprised not seeing if they're talking about utility, BNB isn't part of it. But who's going to suggest that if they're working for a competitor, right? So, that's right in there and DYOR is a must but can't deny the fact that their token have pumped a lot but now it's like down. Still, those who bought it below $1 are still in great profit.

Indeed, those who are holding it from the trading price of $1, then obviously, they are still in 3x or 4x profit even though the market condition currently weak. On the other hand, what would you like to say about those who have been holding it since 2021 with strong belief, when it was trading too low, but I am sure these kinds of holders may count in the minority today? Although it's now down, still its holders are in profit only if they are holding it from the price of $2 or $1. Are you also holding it?

I have never invested in any exchange's native token, even if it is BNB, as I have seen some cases like FTX stuck in violation of some regulation, and its holders investments were flushed until the time the case was not solved. This is also another reason, mate: investing in any altcoin is a very picky part of investment. We have to do DYOR before considering any of them as a part of our investment. CMIIW!

There is a possibility that those that have been holding it since the launched probably sold when it has reached its peak or even before that. A 5x to 6x of gain or even more is more than enough to them unless they are a real believer of that token. I don't have this token and never got the thought to buy one. I only have BNB for exchange tokens but who knows if I'll consider buying for some again if ever I have the budget but for now, I'm good.

[bayu7adi]

It seems like something is odd, where there is no detail about the timeframe applied, because each coin has a different age, and the timeframe greatly affects the data... and strangely the last few days I saw BGB getting quite a lot of attention, is this also related to the shilling post? someone might know more about this, so for those who want to provide complete information, I really appreciate it...

BGB is ranked 24 on CMC, and I think it is quite volatile when used as a benchmark for the short-medium term...

[bitterguy28]

Indeed, those who are holding it from the trading price of $1, then obviously, they are still in 3x or 4x profit even though the market condition currently weak. On the other hand, what would you like to say about those who have been holding it since 2021 with strong belief, when it was trading too low, but I am sure these kinds of holders may count in the minority today? Although it's now down, still its holders are in profit only if they are holding it from the price of $2 or $1. Are you also holding it?

i have always assumed that those who bought and held native tokens of an exchange are avid users of that exchange maybe they get some kind of benefits from holding it and maybe they are not particularly looking for huge profit when it comes to native tokens

I have never invested in any exchange's native token, even if it is BNB, as I have seen some cases like FTX stuck in violation of some regulation, and its holders investments were flushed until the time the case was not solved. This is also another reason, mate: investing in any altcoin is a very picky part of investment. We have to do DYOR before considering any of them as a part of our investment. CMIIW!

investing in any exhange's native token is indeed risky i mean using an exchange has already so much cons already and then investing in more centralized coins just adds to that but like what i said each to their own maybe they like the exchange so much and they have so much trust in it that they invest in their token

[snowpega]

investing in any exhange's native token is indeed risky i mean using an exchange has already so much cons already and then investing in more centralized coins just adds to that but like what i said each to their own maybe they like the exchange so much and they have so much trust in it that they invest in their token

Well said, mate. Sometimes I used to think that holding assets on any exchange is also risky; if you remember when we faced the FUD of Binance's exchange and CZ got jailed and had to leave his position as CEO, that time there was a panic condition in the market, and users started to withdraw their heavy amounts out of exchanges and started to move them into personal wallets. So, that is what I used to think we should do with our assets/investment.

So, nobody knows anything can happen anytime, and honestly, I am still the one who has personal funds on exchanges haha. I don't know why! Well, what about you? Do you also hold funds in wallets or exchanges?