How do you think KCS will fare as an investment in time to come?
Hello all,
I am curious to hearing the sentiments about KCS holders. What do you think the future will hold as far as the KCS bonus goes? Do you look at it as a viable investment? My only concern is the risk of holding the KCS on the exchange, so therefor I want an extra premium (more %) for holding my KCS there.
Kcs would endure the bearish market and would likely increase it’s value in the future due to kucoin upgrading their platform and conducting trading competition,kucoin would increase popularity and also kcs that will result into trading volume and liquidity to pump,therefore i see kcs as a viable investment just need to hodl
Sell. Kucoin exchange volume has been declining for 36 months straight. It’s ranked in the mid 50s among other exchanges (meaning there are 50+ exchanges with higher volumes of trading, higher number of different tokens/coins, and many more traders). The platform is super buggy. Kucoin has not demonstrated it can compete against dozens of other exchanges.
For KCS to succeed, Kucoin needs to attract more traders. Objectively, Kucoin platform is just not very attractive.
Thanks for sharing your thoughts everyone, I appreciate it. I have read everyone’s comment twice.
My conclusion was that I sold 90% of my KCS and am going to hold the rest on the exchange for years to come hoping it will give me *some* passiv income. Edit: Spelling
I think KCS would do moderately well… Its a decently known exchange, upgrade was good… dust sweeper is coming and minor tweeks… Now they just have to work on doing a 100-200% volume adding… and thats it… Once they can regulary do 25mil+ daily volume its good.
the update is fantastic……good work @kucoin Team
X25,000 profits if you traded from opening 2017 to the last ATH…. pretty good I’d say, so I’m going at it again.
The risk has always been if the exchange collapses or robs you for regulatory or other reasons.
Upside is that the exchange gains in popularity and has massive volume. And honours the deal top KCS holders.
Fundamentals in that regard remain the same.
Well probably will pump this time, they attract more traders because of the new updates and improvements. Kucoin 2.0 has a lot to offer that will benefits to traders, a full-featured spot trading platform for many digital assets and cryptocurrencies.
I think KCS will have a great future, so I keep adding up.
Patience, in time volume will come, market will recover and we’ll just enjoy more the KCS tokens.
https://www.theblockcrypto.com/2019/02/20/kucoins-leaked-volume-boosting-packages-offers-draw-accusations-of-wash-trading/
They will slowly fade away since they’re corrupt and feed on the living.
Instead of focusing on the volume they bring to the projects, they blame the projects.
Anyone who blames a customer of the exchange is a fail-safe fail.