You don't need to hesitate by holding BNB because it will recover again, not only BNB other coins have the same fate with a significant decline lately.
Don't panic, keep holding your BNB until the halving arrives, this will usually affect all prices including BNB, believe me if you can survive until that time.
Remember it's not just the SEC that is destroying the market but there are several other factors that can affect it this is a bearish market sentiment so I think all of them are affected by negative news.
You will never lose if you don't sell. Stay patient
Topic: Appromixly how much time needs to recover BNB $310 price - page 4. (Read 461 times)
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 seem to be new to the crypto. I would say you are still ok, 4 BNB at around $307 is still ok, although I understand it could be big money for someone. What I am saying is, be patient and one day the price will recover. No one knows when.
Now, this is important!
When you are new to the crypto and if you want to invest, BTC is the safest of the assets. (As safe as crypto can be) With BTC we know that it will not scam like other alt coins.
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 think when the FUD is gone for BNB that will be an easy break, maybe the start of the bull run will reclaim that valuation. It's far from dead considering SEC isn't the perfect organization to how they exhibit their ruling in the crypto industry and that's enough on how XRP is likely winning the case. There's no one would really know how much it will take to recover unless charges are drop or there has been some agreement between the two. afterall, how much it will take it to recover?
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 a strong altcoin along with ETH and LTC.afterall, how much it will take it to recover?
Since you have been patient for a while and you keep holding your BNB, you need to be more patient because all these altcoins will only rise properly if the Bitcoin price is going up because the BTC price is indirectly controlling the entire cryptocurrency market.
BNB is currently trading around $217; your money is not far from recovering; therefore, I don't think it will take a long time before it recovers to the money you bought it. I will advise you to keep holding your BNB even after the price you bought it has recovered.
I also have BNB. I believe they will continue to stay strong, especially its exchange. A lot of issues but the good thing about Binance is its willingness to work with the governments. I am confident $300 is very reachable next year if not this year.
Are you stressed or worried about your investment? I'd been in that situation before and I ended up selling all my holdings. Another option is to sell it and then buy a coin that you are more confident to hold. Bitcoin has been the most valuable coin in crypto ever since.
Are you stressed or worried about your investment? I'd been in that situation before and I ended up selling all my holdings. Another option is to sell it and then buy a coin that you are more confident to hold. Bitcoin has been the most valuable coin in crypto ever since.
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.
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.
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?
Based on the BNB price chart, you bought around June 2023. That means it's still two months since you bought it and it's not that long ago. Do you think there are people who buy more BNB than you? I wonder if anyone around you in June 2023 bought BTC at 30K, while the current price for BTC is trading at 26,480.00.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. 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?
Nobody knows when the price will increase. But I would say you didn't buy at the worst price and you did not buy the worst coin. It has a chance to recover the price in the next bull run. But, we don't know how long it may take. Probably after the next Bitcoin halving? It may take more than eight months or so. Or maybe it can take less than that. That's all our prediction.
I am wondering why are you afraid. Didn't you buy it to hold it for a long time? If you want to buy crypto and hold it for the long term, I always suggest choosing Bitcoin. There is no alternative to Bitcoin for long-term investment.
$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.
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?
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