Should I keep my BNB or Sell it? - page 16.

Hypnosis00

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I hope OP had opened his mind and never get influenced by his friend and all the FUDs.
Maybe your friend is thinking about the big issue in the past involving CZ with the FTX but this is the not reason to think that BNB has no future. Go with what you believe about BNB and be one of those believers who still hold their BNB despite the tough situation of the market.

Quote from: zaki12 on January 13, 2023, 10:17:58 AM

...
Although many mainstream media have the impression of creating a 'scared' narrative, trying their best to discredit CZ.
I still believe in Binance...

It is a part of the game and we gonna expect this in any business but I don't see it was enough to think that BNB lost its credibility and couldn't stop the popularity of this coin in the crypto market. BNB will remain potential as long as many traders and investors are still trusting the Binance exchange.

Oneandpure

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Why have confused with BNB coin holding? are you doubt with BNB reputation and they have bigger exchange around the world? I think not any reason without earn profit with BNB coin one day later. Have little launchpad event at Binance and BNB coin can't recovery to higher price, I don't think necessary have to sell BNB during price under $287 at this moment.

Better hold and keep BNB as your portfolio assets because possibility back to higher price later when market recovering, Bitcoin seems having chance back to $20,000 few days later and potential with BNB can break above $300 in few days later depending how Bitcoin keep stable price.

bitgolden

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Quote from: Abiky on January 13, 2023, 10:03:26 AM

I'd suggest you hold onto your coins until the next bull market. BNB is a prominent cryptocurrency backed by the biggest crypto exchange in the world, so I don't think it will go away that easily. The BSC underpinning the BNB cryptocurrency, is fast and extremely-cheap for day-to-day payments. It makes the perfect platform for "De-Fi".

While the competition is getting fierce each day, no other platform (except Ethereum) will be able to beat BNB because of Binance's leverage on the crypto industry. It's just that investors haven't paid much attention to BNB because of the bear market. I'm pretty sure it will hit $1k sometime in the future. As long as you don't put all of your eggs in one basket, there should be nothing to worry about. Just my thoughts Grin

Selling before bull market is a big mistake, even if you want to buy something else, like sell your bnb and get eth type of deal, that's still a mistake because they are not the same type of drop and not same type of increase in the future neither, if you go lower then there is no guarantee that it would go up. Sure you could sell your BNB and buy something that will go 10x more than BNB but that is not guaranteed and we do not know if it will crash or go up.

Hence, if you have BNB right now, it's better to keep it there and it would make a lot of profit for you as well. It's a good situation to be in, because you have a lot of BNB during bear period, and you could turn that into profit during bull period.

JunkieMiner

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I think BNB in himself about $800 is a good choice according to the current market condition, because the market condition is not fully stable yet, so you can't be in situation where you buy other altcoins and invest in all these . So, it would be a better choice to hold your $800 BNB instead of buying other coins.

len01

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

it all comes back to yourself whether you want to keep assets without thinking about fear or choose to save assets but every time you have to monitor and see the movements that occur and worry will always appear in your mind.
I mean if you want to keep your assets without having any burden of mind and fear, I would suggest you to store your assets in BTC. but if you want to keep assets with apprehension, you can store them in BNB.
I'm not saying BNB is bad, but for me investing in centralized coins is far more risky than holding non-centralized coins like bitcoin.
Here, of course, more people will advise you to save in BTC because they all admit that in this bearish season, storing bitcoin is the safest and you don't have to worry about monitoring prices all the time, just hold on and wait for the bulls to arrive.
but it all comes back to you if you want to have a future on the $ 800 that you hold, believe in yourself.

zaki12

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I myself have several Hold BNB, Because I personally think BNB is very rarely discussed in terms of crypto investment, more often what we talk about are tokens running on the BSC network.
Unknowingly, this is where the utility of BNB is and proves the widespread adoption of BNB, in other words, BNB has great potential for crypto investment.

Although many mainstream media have the impression of creating a 'scared' narrative, trying their best to discredit CZ.
I still believe in Binance...

Abiky

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

I'd suggest you hold onto your coins until the next bull market. BNB is a prominent cryptocurrency backed by the biggest crypto exchange in the world, so I don't think it will go away that easily. The BSC underpinning the BNB cryptocurrency, is fast and extremely-cheap for day-to-day payments. It makes the perfect platform for "De-Fi".

While the competition is getting fierce each day, no other platform (except Ethereum) will be able to beat BNB because of Binance's leverage on the crypto industry. It's just that investors haven't paid much attention to BNB because of the bear market. I'm pretty sure it will hit $1k sometime in the future. As long as you don't put all of your eggs in one basket, there should be nothing to worry about. Just my thoughts Grin

Kelvinid

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

I would say that just HOLD until such time that ATH will come.
Your friend is not your true friend, they are making you a fool by thinking that BNB is a shitcoin. Just make your search rather than listen to your friend and don't let them ruin your plan.

Perhaps, BNB is performing so well despite the bear situation which means that many people supported this project.
Hold it until the next bull season to make them know that they are wrong with their assumptions.

tvplus006

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Hi, I'm new to here. So just want to ask your help or guide. ..

To say that the BNB coin has no future is not true, since it is the exchange coin of the largest Binance exchange and the native Binance Smart Chain token. Accordingly, this coin has more chances to survive in a bear market and continue the uptrend when a bull run occurs.

Chainsmokers

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Quote from: yazher on January 13, 2023, 04:02:42 AM

If you have some spare money with you that can cover up your expenses, better to hold it for a while because right now the price is too low for BNB and other altcoins. Since we our in a fresh year, better to consider observing the crypto market first in the first few months before you decide. After all, you only got it from Airdrops which is really a win-win situation for you.

Yes, I think that is a good suggestion because in making a decision we must really consider it carefully first,
that is why it is necessary to observe the market first,
but it all depends on you because again the decision is in the hands of each.

hd49728

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Quote from: yazher on January 13, 2023, 04:02:42 AM

If you have some spare money with you that can cover up your expenses, better to hold it for a while because right now the price is too low for BNB and other altcoins. Since we our in a fresh year, better to consider observing the crypto market first in the first few months before you decide. After all, you only got it from Airdrops which is really a win-win situation for you.

Holding does not bring profit always. You must choose good cryptocurrency to hold like Bitcoin, Ethereum, BNB. Other altcoins, I don't know holding them is good or bad, to be honest with you. For bad altcoins, if you hold them longer, you get more loses so personally it is not good to hold altcoins generally.

With other altcoins, it is good to join their airdrops and wait for luck. I don't recommend anyone to buy new altcoins because it is so risky.

BNB and Binance are under lot of fud recent months especially after the FTX fiasco. The token still holds its price very well under fud so when fud gone away, it will fly again.

siedemtrzy

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I don't think that's a question that should be left for the randoms on the internet, even considering that BTT is a lot smarter community in general than Twitter or Reddit. I have never bought BNB myself, I don't think it's a good idea to buy a coin that is connected so much to a centralized exchange.

yazher

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If you have some spare money with you that can cover up your expenses, better to hold it for a while because right now the price is too low for BNB and other altcoins. Since we our in a fresh year, better to consider observing the crypto market first in the first few months before you decide. After all, you only got it from Airdrops which is really a win-win situation for you.

mich

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Well I think this is one of the nest coins to hold. I do not believe in the all the recently said Binance fud so I think there isnt a problem with insolvency and this is a good Top coin on the marketcap to continue to HODL.

BNB coin was worth $500 less then 1 year ago today. I think when we enter the 'bull market' again hopefully soon that this coin will take off. Even for it to hit $400 a coin that is a 25% gains and worth the wait and worth the profit.

Hamza2424

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According to my current analysis in coming hours Whole market is going to take a small correction for now i am still not sure about the markert current boom, it can be a trap. PlanB says market already confirmed its bottom but still there is a chance as currently there are many market negative sentiments so keeping this in mind currently I'm avoiding this boom.

Questat

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

You don't have to worry and your friend is not telling you right. Perhaps, nobody could tell what will happen to BNB but I strongly believe this is a promising project, and Binance exchange will keep that. But if we think about a secure investment, Bitcoin is been known for it, and converting your BNB to BTC is a good choice either than stablecoins (if ever happens).
https://tradersunion.com/interesting-articles/what-is-binance-coin/

You'd rather stay away from the people who discourage you from investing in BNB. It was not shitcoins that we have to be afraid of.

Marcorey

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Investing in BNB is also a good choice, it will also bring better profits, and there is strong support from Binance. BNB is becoming more and more powerful and has great potential in the future. Whichever currency you choose, do what you think and not just listen to what others say.

tuertezii

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I think the safest ones are BTC and ETH, which are worthy of long-term investment, because Binance has no rivals now, and it is the leader in the market. This is like a parabola, and the centralization of Binance is the biggest drawback.

klidex

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Quote from: bittraffic on January 12, 2023, 03:25:08 PM

Quote from: klidex on January 12, 2023, 03:04:32 PM

Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

Indirectly the BNB assets that you have are the result of airdrops where you get them for free.
Even though it is obtained for free, the amount of $ 800 is quite a number and not small.
If indeed you are not sure about BNB and are going to sell it to be reinvested then my advice is better to invest in Bitcoin which has a clear future than buying a stable coin.
Indeed, in a stable coin it will be safer and it is very unlikely to suffer losses but it is also less likely to be able to get a profit.
I think this suggestion you can consider first.

Basically, he already made money because he got it as an airdrop. Nothing to fear IMO, I would certainly try my trading skill if this is mine. Buy BTC with it and trade on BTC/USD.

Since the market is becoming bullish, it will be good to keep it a little longer to make a profit. BNB is still a good token for the long term. BNB has use cases like transaction fees in the network or fees in Binance which means this token has demand. It's up to OP to keep it or sell it.

That's why the OP asked and asked for opinions on his post because indeed he only got these assets from airdrops and wanted to use them for investing.

My previous suggestion is clear that it suggests investing in Bitcoin and if you say to be patient waiting for the bull market because BNB is a good asset for the future, however OP himself is not sure that the BNB he holds will be good in the future.
What's more, his friends advised him not to save BNB because he no longer has a bright future.

Ayers

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

When it comes to safety, I will tell you that bitcoin is safer than BNB, but when it comes to profit, I believe that bitcoin is unlikely to be a more profitable investment than BNB. It can be said that BNB is the most valuable altcoin to invest in, its future is very bright, unlike what your friends are worried about. Your friend seems to have been too worried seeing the recent FTX and Fuds crash faced by Binance, don't blame him, he wants the best for you too. But if you sell BNB to Bitcoin, I will also support because bitcoin is still the perfect choice.

Topic: Should I keep my BNB or Sell it? - page 16. (Read 2928 times)