Bitcoin Exchanges - A good investment or not?

in #bitcoin7 years ago (edited)

Should you invest in a coin that represents an exchange?

I have been watching cryptocurrency trends for a while now and have noticed coins that are related to exchanges  always seem to do well.

These are coins like Binance (BNB) and Kucoin.  

I would have no issues with investing in coins like these as their companies tend to become more and more successful due to the crypto market and growing demand.  


My advice to you

Keep an eye on these exchanges and the price for their coin.  If these exchanges are successful, they have the potential to become the worlds next biggest trading platform.  

Now is a great time to get in with these coins as these exchanges are facing high traffic and prices are good.  Keep an eye on new exchange that are popping up like Bitto and get in on the preresales while the prices are low.  I have personally invested in at least 3 exchanges and have seen nothing but growth the entire time.  

This could be what makes you a millionaire.



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Which exchange coins have you gotten?