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Topic: Appromixly how much time needs to recover BNB $310 price - page 3. (Read 521 times)

full member
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 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?

Currently, the BNB price is around $218.61. Maybe the rate is not too far away, but it still takes time to recover. And this won't be easy. Because, Bitcoin still has its ups and downs and it's not certain that it will continue to rise as long as it's still a bearish season or this transition. But at least, be more patient. for you have waited long enough, and be patient a little longer. At least we hope that the bullish era will start moving next year or at its maximum in 2025. Then you will get a price more than that rate. I'm sure of that, because after all, BNB is a promising coin. But still, consider the various risks.
legendary
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 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?

Binance is continuously the target of the SEC and the market is still suffering a confused situation like that I think by the end of September market will start showing some flow against such hypocrisy and making a way forward. in my view not only BNB there are also some other projects suffering similar kind of situations and sticking to the market is the only option we have.

So buddy be consistent and don lose hope Biance is on of the top crypto market against they will not die like that, offcource with the Bull there are great opportunities and potential with the BNB so be a good investor and wait paitently.
newbie
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I have a feeling that next bull run BNB could easily get to $700-800 or even $1000
It's a really solid coin Smiley
legendary
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Since the SEC can't sink Binance just yet, we can well expect BNB to recover. When? Most likely in 2024. Therefore, there is no need to despair. Luck loves the patient and persistent. Especially since Binance Chain is one of the leading blockchain systems today.
sr. member
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 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 purchased this coin, its value was very high, so you are still at a loss. But you should not be patient but hold on to your investment so that you can profit. As BNB value is heavily dumped at the moment and may take a long time to recover. Although the position in the market is not very good at present, BNB can be expected to recover when the market turns into a bull market again. Even if you have invested a lot of money and lost a good amount of money in that case you should not sell yet but hold for future. But it is difficult to predict how long it will take to recover but we may soon see a bull market and all markets will take a good position.
legendary
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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
There's a huge chance that BNB will recover once we are in a bull market. What happened on SEC issues really affected BNB coin, which for me I can say that BNB is only relying high on their centralized exchange, not anymore on their so-called "decentralized" network Binance Smart  Chain.
If you already bought,you just need to wait before they clear things with SEC and bull run because for sure yo will see a huge pump for it.
hero member
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It is difficult to predict the future of any particular coin, and there is already a lot of FUD in the market about BNB. Since you are holding BNB not long since you bought BNB, Binance is still the top exchange in the crypto market and I think they will do their best to defend their coin.

But anything can happen in the market as we have already seen many top coins collapse overnight and bankrupt investors. So now if all the Fud of BNB is over then maybe it won't take much time for you to recover this loss. So watch the market situation and take a smart decision with patience.
hero member
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 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 bought with the believe of holding for long term, if you are a trader, you will have sold it and move on to another trade or perhha a stop loss before it went down this badly but yiu are still holding. I will advice you to keep holding because BNB is a good coin for long term, they have plenty of updates and road map to build and been a tier 1 exchange utility coin, it will bounce back maybe not now but it will bounce back to the price more than where you bought it, what you Ned right now is patience.

Regarding SEC, what they need is money and Binance has it, but they will drag each other and eventually, it's either Binance settle them and admit of been guilty or prove to be clean and proceed to court for judgement just like Ripple won their case against them and when that happened, I hope you saw how XRP price was running like mad, made more than 80% in a day.

Not to raise your hopes and be disappointed later, don't expect the price to recover now because that's like giving you hope, just expect the worse and it has happened. Be patient and it will bounce back when it's ready and by then, it will be crazy run like in bull run time.
hero member
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 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?

BNB is indeed one of the promising projects in the crypto market but must also know that even it is one of these growing projects, still it can't escape form possible price corrections. Till now, we don't have any clue about when the market will pump, what we have is just purely speculation which possibly be wrong. However, it was not a big deal really because we believe that BNB will rise when Bitcoin will pump also. But when? That we never know however, we've been positive as it comes when bull season comes. Not really long to wait as expected to come by 2025.
legendary
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good question but it is difficult to predict.
or rather it is difficult to get at this moment, due the large number of factors to be counted...

I believe that the usual rule should be followed here:
if you have invested money that you can "loss", leave everything as it is and wait the market price reach your target price... no matter how much time it requires.
Otherwise, and if you're pessimistic... make other assessments/evaluations...
hero member
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$300 is not that far off; all it's going to take in my opinion is for the allegations against CZ and Binance to die down. It shouldn't take that much time as long as Binance doesn't end up being insolvent or something of that magnitude, and as long as Bitcoin doesn't shit the bed. Binance is still one of the biggest crypto exchanges and I don't see that changing anytime soon.
This is the same angle from which I'm looking at Op's BNB purchase situation, $310 per coin isn't too far away from the current price, Op, just as mk4 said, only what it takes is for the case to die down or either remain like this and if the case is not yet settled until we hit next bull market, I do believe that BNB would have a price recovery and even go above your purchased price because of its use case for paying gas fees.

All that it requires you to do is to be patient or if you are no longer comfortable holding BNB, you can make a change in decision to convert your portfolio into Bitcoin and have peace of mind with your investment.


legendary
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Nobody can tell you a definite answer even when you want approximations, unless if they are time travellers from the future. These are markets and worse still crypto markets. A coin can literally go from thousands of dollars to cents in a matter of days. It's why people are always supposed to invest only what they can afford to lose

That being said, since you already entered the trade, you are going to practice patience. Coins and even the worst of tokens usually pump in price during bull markets. We are looking at 2024-2025 if conditions remain constant. All I am saying is just hold if you can.
Such a good thing to say, it is 100% true and I agree with it without a doubt. If we are looking at something that is into the future, we will not be able to know what it will do, we are going to just have some sort of guess, but we will not know about it. We should be considering the situation to be a lot more important to just predict the direction, if you can predict the direction that is more than enough, no need to try to predict the exact price.

I think if you try to guess the exact price, there is a bigger chance that you will be wrong, but if you want to predict the direction that means you have 50% chance, it will either go up or down. I think in the next 3 months we will see higher prices, but don't know how much.
hero member
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 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?


There is no specific timeline about that target price you ahve for the BNB to recover. Regardless of the price, it’s just prediction and speculation and there are no guarantees or promises about the time that it would recover.

It may just be within hours, days or weeks. Doesn’t matter. You should not have too much expectations regarding the timeline of the BNB’s recover price that you are targeting.

When you have bought BNB, you should have already acknowledged the fact that it is considered “dead money” on the amount that you have committed. If it goes up, then good for you. But if it’s just being down especially for a long time, just acknowledge it and not smart to sell at a loss.
hero member
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Do not panic. Drops in prices within days or hours are common in the crypto market.

The fact is that the fud around CZ and Binance does not subside. Now I very often meet such an opinion that Binance can repeat the fate of FTX and, accordingly, the price of an exchange coin can collapse as well as the price of FTT. However, I am sure that this negativity will end and the BNB price will return to its ATH.
I don't know where to start with this dispute because I really don't really care about the price of BNB and don't really care about this dispute, because the price of coins like BNB and other altcoins will improve again when the price of BTC reaches a peak.

The loss he experienced in buying BNB at a price of $307 is not too big because the current fall in BNB prices is not too far compared to investors who have bought at a higher price and are still saving up to this moment so we need to tell him with the words don't panic, that rising and falling prices is a normal activity of the market.

I also believe the negativity you said will end and BNB will return to its ATH will likely happen when BTC reaches its latest ATH.
sr. member
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Its Going to take a bit of time before BNB returns to that price again .We are still in a bear market and BTC is currently showing us more bearish signs cause it was unable to break its 30-32k resistance zone meaning prices can deep much more lower. Its hard to make a choice of what to do in this very volatile Market condition.
The market structure of Bitcoin in the weekly timeframe is creating HH and HL, so how did you say that we are still bearish. Being in the bullish market doesn't mean there's a massive volume as we saw way back 2021. As long as the price of Bitcoin won't close below $$20k, I will consider that what's happening in the market is just a retracement.

Aside from that, BNB is in the strong support, and there's a lot of demand there as we see using RSI, it's creating divergence. If ever Bitcoin will make a massive drop, the support zone of Bnb will be tested again. So don't worry about Bnb chart that much instead worry with Bitcoin.
legendary
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afterall, how much it will take it to recover?
Do not panic. Drops in prices within days or hours are common in the crypto market.

The fact is that the fud around CZ and Binance does not subside. Now I very often meet such an opinion that Binance can repeat the fate of FTX and, accordingly, the price of an exchange coin can collapse as well as the price of FTT. However, I am sure that this negativity will end and the BNB price will return to its ATH.
jr. member
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Its Going to take a bit of time before BNB returns to that price again .We are still in a bear market and BTC is currently showing us more bearish signs cause it was unable to break its 30-32k resistance zone meaning prices can deep much more lower. Its hard to make a choice of what to do in this very volatile Market condition.
legendary
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don't panic too much bro, look at how BTC is now, if BTC crashes then everything will follow. You just have to wait or buy again at a low price. BNB is the top altcoin after Ethereum which is good for long term investment. If you buy 4 BNB at $307, that's not too far from its current price of $219. Use your money reserves to buy back, when Bitcoin is bull run and stable, Altcoins will follow.
sr. member
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 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?

BNB's price as of writing then its $217.22 which it isnt really that too far off with that $307 of your entry. Therefore, it would really be just wise that you should hold your position as it should be the wisest thing to be

done considering that selling on loss is never been that an ideal because we know that prices could really be that able to recover or would really be tending to shoot up afterwards but of course it would really be basing up on what market cycle we are still into.We are still now on a bear market but if the halving occurs on next year then expect that bull run would kick in and this would be particularly talking about Bitcoin and when this happens then expect that other altcoins in the market would really be doing the same. Seeing new ATH? Its better to hold your BNB and dont make yourself that impulsive on checking out the market prices
every now and then because this is where people do usually find themselves getting affected just because they are really that actively seeing those numbers which i could say that its never been that recommendable
on doing so.
hero member
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$300 is really not that far off; all it's going to take in my opinion is for the allegations against CZ and Binance to die down. It shouldn't take that much time as long as Binance doesn't end up being insolvent or something of that magnitude, and as long as bitcoin doesn't shit the bed. Binance is still one of the biggest crypto exchanges and I don't see that changing anytime soon.

The price of BNB already reached the twice,last year at the month of October the price of BNB reached the value of 350$.This year during the first half of 2023,the price of BNB reached 350$ again in April month.Since the Binance Smart Chain was supporting many projects,the demand of BNB was steadily increasing.This will automatically increase the price of BNB.The price of BNB was expected to 400-500$ in 2024,Since the next halves of bitcoin will going to occur in 2024.
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