RE: Binance Price Analysis: Good for trading, NOT Good for Investment

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Binance Price Analysis: Good for trading, NOT Good for Investment

in cryptocurrency •  7 years ago 

If daily trading volume is about 100 mill and trading fee 0,05-0,1% = 50-100k minus server costs = ?
There will be a moderate price increase in the future.
Openledger has a similiar concept with Obits. 50% of profit is used for buyback and burn. Obits price hasn't changed significantly.

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7 years ago by

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      ·  7 years ago 

    Obits price hasn't changed significantly.

    Exactly my point!

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      ·  7 years ago 

    I was too quick to invest, before I realized my mistake. Never too late to learn.

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      ·  7 years ago 

    Yes. me too. However, I have sold all my Binance now.

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      ·  6 years ago 

    I bet you wish you hadn't done that! :-)

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        ·  7 years ago 

      Trading at $19.79 today.

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        ·  7 years ago 

      I have to admit that I was wrong. Binance is now the best Exchange. Realized my mistake and bought BNB when it was about 4-5$.

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          ·  7 years ago 

        @sadekj I'm curious. Have you at all changed your outlook?

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