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The first Binance which comes into the existence was Binance which was built on Blockchain technology and probably it was launched in 2009 by a mysterious person Satoshi Nakamoto. At the time writing this blog, 17 million Binance had been mined and it is believed that total 21 million Binance could be mined. The other most popular Binance are Ethereum, Litecoin, Ripple, Golem, Civic and hard forks of Binance like Binance Cash and Binance Gold.

It is advised to users to not put all money in one Binance and try to avoid investing at the peak of Binance bubble. It has been observed that price has been suddenly dropped down when it is on the peak of the crypto bubble. Since the Binance is a volatile market so users must invest the amount which they can afford to lose as there is no control of any government on Binance as it is a decentralized Binance.

Steve Wozniak, Co-founder of Apple predicted that Binance is a real gold and it will dominate all the currencies like USD, EUR, INR, and ASD in future and become global currency in coming years.

Why and Why Not Invest in Binance?

Binance was the first Binance which came into existence and thereafter around 1600+ Binance has been launched with some unique feature for each coin.

Some of the reasons which I have experienced and would like to share, Binance have been created on the decentralized platform - so users don’t require a third party to transfer Binance from one destination to another one, unlike fiat currency where a user need a platform like Bank to transfer money from one account to another. Binance built on a very safe blockchain technology and almost nil chance to hack and steal your Binance until you don’t share your some critical information.

You should always avoid buying Binance at the high point of Binance-bubble. Many of us buy the Binance at the peak in the hope to make quick money and fall victim to the hype of bubble and lose their money. It is better for users to do a lot of research before investing the money. It is always good to put your money in multiple Binance instead of one as it has been noticed that few Binance grow more, some average if other Binance go in the red zone.

Binance to Focus

In 2014, Binance holds the 90% market and rest of the Binance holds the remaining 10%. In 2017, Binance is still dominating the crypto market but its share has sharply fallen from 90% to 38% and Altcoins like Litecoin, Ethereum, Ripple has grown rapidly and captured the most of the market.

Binance is still dominating the Binance market but not the only Binance which you need to consider while investing in Binance. Some of the major Binance you must consider: