Appromixly how much time needs to recover BNB $310 price

bitterguy28

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Quote from: goaldigger on September 13, 2023, 05:48:24 PM

Quote from: Questat on September 13, 2023, 04:57:11 AM

Neither we want to see a fast recovery for BNB but because the entire market is on correction, we can't say when nor we can say the time for it. All we have is just a prediction but never say it was right, we can only see BNB recover to that price when the market has also recovered. For now, the only thing we can do is to hold or accumulate more. $310 is not that far impossible to reach but if we can't hold and are able to extend our patience, definitely, it becomes impossible.

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

our readiness will tell our decisioning and that is even how long will it takes as long as we are willing to wait for bullrun , it will doesn't matter at all.
the only problem are those who are giving time(specifically) to their investment time.
because a true holder cares nothing when , but how much are they wanted to sell out .
the price range mater to them at all cost.

AnonBitCoiner

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Quote from: fullhdpixel on September 16, 2023, 03:18:21 PM

Please open both charts again and check the candle between 3rd May to 6th May, you will see that Bitcoin was around maybe $29k and BNB was trading above $310 at that time, so I did check the charts and I followed the market very closely. I said BNB was around that range when Bitcoin was around $31k which I know wasn't accurate because the price of Bitcoin was changing positions between $28k to $31k and this was the case for about 6 months or more.

That was a time when bnb was in normal situation and no case upon it but you can see the red candles after SEC sue news and after that news BNB not recovered to that range. If any case was not opened then was also expecting 1k$ but now it's look like that price will not rise. Unfortunately I bought bnb before crash and I lost but I was lucky to sold at 245$ .

Quote

When Bitcoin was around $31k last time and BNB crashed because of the case against Binance, but before that case and the FUD and everything, BNB was trading above $300, and that is why I said it doesn't require a bull run to achieve that target as long as BNB stays clear from the cases and stuff.

These are two different conditions and couldn't compared today stage with the conditions before case. If you check the Solona coin price then you will find above around 200$ in last bull market but now no one will expect too much high in next bull because many bad news circulated which force whales to look for new coins.

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Quote from: Natalim on September 14, 2023, 06:41:59 AM

Quote from: tvplus006 on September 13, 2023, 06:06:23 PM

Quote from: goaldigger on September 13, 2023, 05:48:24 PM

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

This question worries every investor. And we will find out the correct algorithm of actions in this situation much later. It is possible that someone has already sold and in the future he will have the opportunity to buy more BNB coins with the proceeds. And others will hold it until the very end, continuously watching how the balance in the wallet decreases.

Now, BNB holders are quite uncertain about their decision whether they hold or sell. Though the situation isn't quite looking bad but it still creates worries especially those who invest earlier and have no market experience. I'm not going to wonder if BNB holders are very concerned about the drops and not wonder why some are selling their coins already for diversification. As the situation creates more panic among the holders, the more it drives the price to drop and that will prolong the recovery.

the fact that BNB heavily used for staking to get some rewards give some relief towards its holders but the general trend is still dim, I don't think it will have bright future if the case with SEC getting worse.
I think currently holding BNB really give a lot of tense honestly, small news about the issue could quite literally turns the tides of how the market trend is gonna go.
i personally would back out from investing in BNB but i'm sure some people have reasons and some might even gets motivated by the binance launchpad programs.
therefore I think the price from here on maybe into the next bullrun just gonna stagnate.

fullhdpixel

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Quote from: AnonBitCoiner on September 16, 2023, 12:51:40 PM

Bnb prices down after SEC issue happens in june 2023 and from that time we have seen constantly decrease in price. First price dump to 250$ and now further dumps to 210$. I think you have not seen the chart, previously when btc price was above 31k bnb was trading around 260$ so OP is right that only bull market could bring price back to 310$.

Please open both charts again and check the candle between 3rd May to 6th May, you will see that Bitcoin was around maybe $29k and BNB was trading above $310 at that time, so I did check the charts and I followed the market very closely. I said BNB was around that range when Bitcoin was around $31k which I know wasn't accurate because the price of Bitcoin was changing positions between $28k to $31k and this was the case for about 6 months or more.

When Bitcoin was around $31k last time and BNB crashed because of the case against Binance, but before that case and the FUD and everything, BNB was trading above $300, and that is why I said it doesn't require a bull run to achieve that target as long as BNB stays clear from the cases and stuff.

AnonBitCoiner

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Quote from: fullhdpixel on September 16, 2023, 09:54:45 AM

It doesn't even need the bull run for BNB to recover back to $310 because when Bitcoin was around $31k, the price of BNB was above that range, so all it needs is Bitcoin to recover from the current range and go back near its previous resistance which was $31k and then we will see BNB recovering the desired price by OP. For the bull run, we would obviously expect BNB to show some magic and maybe go around $1k if Bitcoin manages to go across it's previous all-time high.

Bnb prices down after SEC issue happens in june 2023 and from that time we have seen constantly decrease in price. First price dump to 250$ and now further dumps to 210$. I think you have not seen the chart, previously when btc price was above 31k bnb was trading around 260$ so OP is right that only bull market could bring price back to 310$.

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Above $1k is my target price for BNB in the bull run because it went around $686 last time when Bitcoin went to $69k, and if Bitcoin manages to hit $90k or more this time around, we should probably see BNB performing as well as long as Binance stays clear and there aren't any issues at that time.

You are hoping so much high price, 1k$ is not looking to be reached even if btc reaches 90k$. crypto market not works according to previous data. Other factor also impact the price of coin. The XRP example is front of us. BNB is now under eye of the SEC and no one will take freely risk in this coin so t think 300-400 $ could only be expected in this situation.

fullhdpixel

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Quote from: bitgolden on September 14, 2023, 12:38:19 PM

It is not even all that much, we are talking about a 50% increase, as in 1.5x increase. When you think about how binance was attacked, being this far away from 310 is still fine. I believe that the moment we reach the bull run we are going to end up with a good result, better than what we have seen so far. Life is not that simple and it should be important to realize that we could make some sort of profit when we can.

Hopefully it is not going to be that easy to handle all of this at the same time, but we could end up with a good result eventually. We just wish that life is not that difficult in the end and could make a good change one way or another. I believe that we are going to be doing something profitable in the end.

It doesn't even need the bull run for BNB to recover back to $310 because when Bitcoin was around $31k, the price of BNB was above that range, so all it needs is Bitcoin to recover from the current range and go back near its previous resistance which was $31k and then we will see BNB recovering the desired price by OP. For the bull run, we would obviously expect BNB to show some magic and maybe go around $1k if Bitcoin manages to go across it's previous all-time high.

Above $1k is my target price for BNB in the bull run because it went around $686 last time when Bitcoin went to $69k, and if Bitcoin manages to hit $90k or more this time around, we should probably see BNB performing as well as long as Binance stays clear and there aren't any issues at that time.

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Quote from: AnonBitCoiner on September 13, 2023, 05:32:17 AM

Quote from: Shorkarjakir0000 on August 24, 2023, 01:26:32 AM

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

In these three months many cases rised against Binance in which SEC case produce lot of trouble for Binance and as a result bnb coins down from that time. Price was still above 240$ but when busd issues happened then bnb prices dumped more. We cannot say that you have picked wrong coin because bnb is considered safe coin. I will say bad luck for you as SEC case happened after you buy. I will recommend to hold all 4 coins. If you check XRP price after winning case against SEC then its will give you hope that one days same could happen with bnb too. You should not be panic and hope that bnb price will be recovered and you will sell in profit. I think it will take almost six months to ane year to get back to 300$.

It is not even all that much, we are talking about a 50% increase, as in 1.5x increase. When you think about how binance was attacked, being this far away from 310 is still fine. I believe that the moment we reach the bull run we are going to end up with a good result, better than what we have seen so far. Life is not that simple and it should be important to realize that we could make some sort of profit when we can.

Hopefully it is not going to be that easy to handle all of this at the same time, but we could end up with a good result eventually. We just wish that life is not that difficult in the end and could make a good change one way or another. I believe that we are going to be doing something profitable in the end.

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Quote from: tvplus006 on September 13, 2023, 06:06:23 PM

Quote from: goaldigger on September 13, 2023, 05:48:24 PM

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

This question worries every investor. And we will find out the correct algorithm of actions in this situation much later. It is possible that someone has already sold and in the future he will have the opportunity to buy more BNB coins with the proceeds. And others will hold it until the very end, continuously watching how the balance in the wallet decreases.

Now, BNB holders are quite uncertain about their decision whether they hold or sell. Though the situation isn't quite looking bad but it still creates worries especially those who invest earlier and have no market experience. I'm not going to wonder if BNB holders are very concerned about the drops and not wonder why some are selling their coins already for diversification. As the situation creates more panic among the holders, the more it drives the price to drop and that will prolong the recovery.

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Quote from: goaldigger on September 13, 2023, 05:48:24 PM

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

This question worries every investor. And we will find out the correct algorithm of actions in this situation much later. It is possible that someone has already sold and in the future he will have the opportunity to buy more BNB coins with the proceeds. And others will hold it until the very end, continuously watching how the balance in the wallet decreases.

goaldigger

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Quote from: Questat on September 13, 2023, 04:57:11 AM

Neither we want to see a fast recovery for BNB but because the entire market is on correction, we can't say when nor we can say the time for it. All we have is just a prediction but never say it was right, we can only see BNB recover to that price when the market has also recovered. For now, the only thing we can do is to hold or accumulate more. $310 is not that far impossible to reach but if we can't hold and are able to extend our patience, definitely, it becomes impossible.

Though for sure it will rise again in the next bull market the real question is when is the next bull run?
While waiting for this better to start buying now or do DCA because a lot of cheap coins in the market right now which many sees as an opportunity to hold and buy more. BNB is still a good one despite of their issues with SEC, I believe they will rise more especially if their case with SEC will be cancelled.

AnonBitCoiner

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Quote from: Shorkarjakir0000 on August 24, 2023, 01:26:32 AM

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

In these three months many cases rised against Binance in which SEC case produce lot of trouble for Binance and as a result bnb coins down from that time. Price was still above 240$ but when busd issues happened then bnb prices dumped more. We cannot say that you have picked wrong coin because bnb is considered safe coin. I will say bad luck for you as SEC case happened after you buy. I will recommend to hold all 4 coins. If you check XRP price after winning case against SEC then its will give you hope that one days same could happen with bnb too. You should not be panic and hope that bnb price will be recovered and you will sell in profit. I think it will take almost six months to ane year to get back to 300$.

Questat

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Neither we want to see a fast recovery for BNB but because the entire market is on correction, we can't say when nor we can say the time for it. All we have is just a prediction but never say it was right, we can only see BNB recover to that price when the market has also recovered. For now, the only thing we can do is to hold or accumulate more. $310 is not that far impossible to reach but if we can't hold and are able to extend our patience, definitely, it becomes impossible.

peter0425

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Quote from: Shorkarjakir0000 on August 24, 2023, 01:26:32 AM

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

when you bought BNB what is your plan?

4 Binance Coin is a good amount for a risk taker investor , but are you are risk taker or just a easy money one ? because it seems that you are already alarmed when there is nothing to be one.

Binance is still standing strong in its position and I believe that you will see more of this dropping in the coming weeks and months.

Hold still mate, keep your heads up and wait for another time to increase its value .

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Quote from: RussianEnglishTranslation on September 11, 2023, 02:27:11 AM

Quote from: Shorkarjakir0000 on August 24, 2023, 01:26:32 AM

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

I'm quite skeptical about the future of Binance. It looks like they are targeted for destruction and if the exchange goes down, I think BNB chain will die too as most of the validators and grants come from Binance. I'd much rather hodl a smart contract L1 with no exchange connections, something like HBAR or Q Blockchain.

That is the danger of holding centralized altcoins, as strong as binance seemed to be just a few months ago, just a little bit of pressure coming from the SEC is enough for us to begin to consider the long term viability of binance and BNB.

And there is little doubt that if binance were to fall or close its doors then BNB will collapse, this is why the most experimented users in this forum only recommend to hold bitcoin for the long term, as when it comes to altcoins it does not matter how solid they may look on the surface there is always a chance they may disappear.

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its $100 off from current price meaning that there might be still a long way to go, the only scenario that I could think of that could allow such increase is when there is bullrun.
even the event of staking BNB to get rewards in form of other token by binance might not have that much effect honestly. therefore I don't think it will reach that anytime soon.
but the thing is that, the all time high for BNB has surpassed that far long ago so I think it still have chance to be that high in term of value again its just that lately BNB has been
performing kinda bad honestly, not much gain even when the other coins are gaining massive increase left and right which just means that maybe BNB itself is already overvalued but thats doesn't necessarily means
its truly overvalued, we will see.

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Quote from: jaberwock on September 11, 2023, 02:10:33 PM

That's true, people who have managed to hold it for this long should definitely considering holding for another year or so, that would make sense if they have hold it for so long then selling for a lower price makes no sense. If you hold this long for this low price, why wouldn't you sell a year ago, that would make more sense, if you managed to hold it for this long then there is a proof that they can hold it for long anyway, so holding for another year is not something impossible to do, they have done it already.

When the halving starts, it is going to end up being a lot better and it results with something that will benefit you on the long run that could get you to earn a lot more money on the long term.

I can't believe it but that is the reality of this project. It seems to be that BNB is still low and showing slow recovery, however, despite of its current performance, many people still have faith and trust in this coin knowing that it is one of the promising coins. Investors still need to extend their patience for this is not the time to see BNB on the rally. We could say that it was also reliant on Bitcoin, we can just see BNB on the way out high when the Bitcoin pump as well. Yeah, holders are still encouraged to hold other years.

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Quote from: bitterguy28 on September 11, 2023, 03:19:26 AM

Quote from: Shorkarjakir0000 on August 24, 2023, 01:26:32 AM

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

you manage to keep it till now meaning you have the capacity to Hold so why being alarmed now when the market is nearing bulling mate?
keep it more , try to maintain it in your wallet for another months or at leas a year.

But advise mate, try not to keep Exchange money for more years please .

That's true, people who have managed to hold it for this long should definitely considering holding for another year or so, that would make sense if they have hold it for so long then selling for a lower price makes no sense. If you hold this long for this low price, why wouldn't you sell a year ago, that would make more sense, if you managed to hold it for this long then there is a proof that they can hold it for long anyway, so holding for another year is not something impossible to do, they have done it already.

When the halving starts, it is going to end up being a lot better and it results with something that will benefit you on the long run that could get you to earn a lot more money on the long term.

bitterguy28

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Quote from: Shorkarjakir0000 on August 24, 2023, 01:26:32 AM

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

you manage to keep it till now meaning you have the capacity to Hold so why being alarmed now when the market is nearing bulling mate?
keep it more , try to maintain it in your wallet for another months or at leas a year.

But advise mate, try not to keep Exchange money for more years please .

RussianEnglishTranslation

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Quote from: Shorkarjakir0000 on August 24, 2023, 01:26:32 AM

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

I'm quite skeptical about the future of Binance. It looks like they are targeted for destruction and if the exchange goes down, I think BNB chain will die too as most of the validators and grants come from Binance. I'd much rather hodl a smart contract L1 with no exchange connections, something like HBAR or Q Blockchain.

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Quote from: shinratensei_ on September 01, 2023, 08:08:32 PM

its not that far off from the current price, the all time high was significantly higher than that so I believe it will be relatively easy.
the thing is that BNB is having its bad time right now, wait until bullrun comes and such mark will be surpassed.
even i'm sure that BNB could even reach and surpass its all time high which is $700 and goes beyond once bullrun is coming, after all they got something called binance smart chain in which heavily helps utilise the coin and make the demand significantly increase, whenever bullrun comes usually binance smart chain gonna be populated by many new project and this simply increase demands that BNB has.

BNB could surpass that mark very easily if it wasn't for what happened recently with Binance where the SEC sued it which caused a lot of panic in the market among Binance users and especially BNB holders and that made the price of BNB drop significantly. Otherwise, when Bitcoin reaches $30k or something, BNB stays above $300, and when Bitcoin goes around $40k, BNB goes above $400 and may even rally towards $500 if the market stays positive.

So, I don't think it's really a big target for BNB to reach $310 if the market is moving up. Currently, the market condition isn't really like that where coins can be able to recover any value but as soon as the market starts going up, I'm pretty sure that BNB will start performing very well if things stay positive for Binance.

Topic: Appromixly how much time needs to recover BNB $310 price (Read 461 times)