Appromixly how much time needs to recover BNB $310 price

bitterguy28

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Quote from: goaldigger on September 13, 2023, 04:48:24 PM

Quote from: Questat on September 13, 2023, 03:57:11 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, 02:18:21 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, 05:41:59 AM

Quote from: tvplus006 on September 13, 2023, 05:06:23 PM

Quote from: goaldigger on September 13, 2023, 04:48:24 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, 11:51:40 AM

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, 08:54:45 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, 11:38:19 AM

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, 04:32:17 AM

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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, 05:06:23 PM

Quote from: goaldigger on September 13, 2023, 04:48:24 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, 04:48:24 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, 03:57:11 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, 12:26:32 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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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, 01:27:11 AM

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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, 01:10:33 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, 02:19:26 AM

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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, 12:26:32 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, 12:26:32 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, 07:08:32 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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

No one really knows, that drop was not really because of the market going down overall, instead it was simply because binance is now on the hot seat with the SEC, and in that case it is going to be difficult for the binance coin to recover quickly from that drop as long as its problems with the SEC continue, however once the bull run happens you could recover your money, but at that point you need to question yourself about whether it is a better idea to sell now and buy another coin which may do better during that upward movement.

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Quote from: dunfida on August 31, 2023, 06:37:24 PM

You wont really be having that kind of panic on the time that you do know that you arent really that greatly affected with your finances on the time that these investment or trades would be resulting into negative.
Just like any investment then it do always accompanied with that certain risks whether you are solely investing on Bitcoin with some top altcoins in the market. Profitability and success would be always in question since there's no way on knowing on what would be the results or outcome that you could really be having with your investment decisions.Now that we are speaking or talking about BNB price recovery then no one could really be able to answer out because we are still on a bear market or consolidation period on which it would really be just that right that you should really be that versatile on whatever the movement that we do have on this space.

Recovery is inevitable but it would really be entirely depending on the market demand and condition because there are coins which arent really be able to recover despite of the reversal. Just like on what
others been saying that since Binance is a top rank exchange then expect with its exchange token would be doing great.It would be always be reflecting out.

That is the point of investing, if you end up waiting to make a lot of profit and lose money and you needed that money, then you are going to be pretty upset. You should be invest only when you have enough money that you can afford to lose without required to live that. I believe that we are going to be doing fine and it is not going to be that much of a trouble at all.

I think it is going to be doing something that could be done one way or another and we are going to end up with a greater profit for sure. It is not that easy, and it is not that common but it can be done one way or another. I hope that it gets to a point where it could be considered as a great way of making money and we could focus on how we could move on.

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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.

el kaka22

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We don't really know when and how the prices will go up, but we know that it happens eventually. You just need to wait, it doesn't mean this is true just for BNB or just for 310 dollars neither, we are talking about a situation that is true for every coin and every price.

Obviously some alts are terrible and they may crash and that's going to happen without a doubt, but at the same time we are talking about a situation where all the trustworthy and good tokens and coins will go up, to any price you may imagine that is realistic, do not expect bitcoin to be 100 million dollars for example, that won't happen, but all the realistic ones like this will happen ,it is all just a matter of time and you waiting for it to happen.

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Quote from: BlackBoss_ on August 31, 2023, 06:34:24 AM

Quote from: AmoreJaz on August 30, 2023, 06:44:41 PM

that's the reason why you need to assess your financial capability before buying any of these alts. because if you buy and you feel you have the need to sell it, you may be on the losing side. so check if you can hold long-term and you have back-up plans.
but if we are talking about top alts like BNB, then, the likelihood of going up again is very high. worry if you invested on a small cap coin or token, where nobody seems to know.

You must be well in finance and can afford to lose your capital with your investment without harm to your life, to begin your investment.

It is applicable for Bitcoin, altcoins and all investment types. With altcoins, risk is higher than Bitcoin so an altcoin investor must be more careful and are more ready to lose funds with altcoins.

Small cap altcoins are promising for newbies because they are taught by group owners, pump and dump groups, their mentors that such small market cap altcoins are more easily to have pumps like x10, x20, x100 that can not be found with Bitcoin. It's scam trap.

You wont really be having that kind of panic on the time that you do know that you arent really that greatly affected with your finances on the time that these investment or trades would be resulting into negative.
Just like any investment then it do always accompanied with that certain risks whether you are solely investing on Bitcoin with some top altcoins in the market. Profitability and success would be always in question since there's no way on knowing on what would be the results or outcome that you could really be having with your investment decisions.Now that we are speaking or talking about BNB price recovery then no one could really be able to answer out because we are still on a bear market or consolidation period on which it would really be just that right that you should really be that versatile on whatever the movement that we do have on this space.

Recovery is inevitable but it would really be entirely depending on the market demand and condition because there are coins which arent really be able to recover despite of the reversal. Just like on what
others been saying that since Binance is a top rank exchange then expect with its exchange token would be doing great.It would be always be reflecting out.

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Quote from: AmoreJaz on August 30, 2023, 06:44:41 PM

that's the reason why you need to assess your financial capability before buying any of these alts. because if you buy and you feel you have the need to sell it, you may be on the losing side. so check if you can hold long-term and you have back-up plans.
but if we are talking about top alts like BNB, then, the likelihood of going up again is very high. worry if you invested on a small cap coin or token, where nobody seems to know.

You must be well in finance and can afford to lose your capital with your investment without harm to your life, to begin your investment.

It is applicable for Bitcoin, altcoins and all investment types. With altcoins, risk is higher than Bitcoin so an altcoin investor must be more careful and are more ready to lose funds with altcoins.

Small cap altcoins are promising for newbies because they are taught by group owners, pump and dump groups, their mentors that such small market cap altcoins are more easily to have pumps like x10, x20, x100 that can not be found with Bitcoin. It's scam trap.

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Quote from: Bushdark on August 30, 2023, 03:02:16 PM

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

This is one of the things every investors face in the market and you will be ready to keep holding or else you could sell your holding in loses and be surprised that the market is going to go bullish that will give everyone that are holding the coin a good profits. There are people that bought Bitcoin when the price was $50K and they have no option than to wait and relax for the market to come to the price they bought before counting there profits. It is only people that are patient enough that will be able to make profits from the market.

that's the reason why you need to assess your financial capability before buying any of these alts. because if you buy and you feel you have the need to sell it, you may be on the losing side. so check if you can hold long-term and you have back-up plans.
but if we are talking about top alts like BNB, then, the likelihood of going up again is very high. worry if you invested on a small cap coin or token, where nobody seems to know.

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Quote from: stomachgrowls on August 30, 2023, 03:25:24 PM

As long you arent selling or closing up your position then those losses arent realized which means that you would really be that definitely having that kind of emotional hard condition which it is really between cutting losses

or holding up your position even more on which this is a typical condition which we do really face up but on the time that we are on such choice then using up your own common sense would really be just that enough on telling you that holding your position is the most smartest way to be done. We know on how this market works and how volatile it is. If we do enter on such high price then it would really be just that understandable that possibilities of going down would really be that possible in a snap which would causes for you to have that kind of impulsive approach and reaction which might lead into those bad decisions along the way.

Bad decisions and positions can be held up and become good ones if we hold it in our wallets or with Spot trading accounts. If it is margin and futures, chance to see it becomes better is smaller. In addition, by holding your position longer, you will have to pay more fee that is enough painful. It is if you can luckily avoid liquidation on your bad position but usually bad positions will end with exchange liquidations.

Quote

Speaking about recovery then this is something that cant really be known because we know that whenever we do able to see a consolidating kind of market then movements arent really that something
that you could easily read up. THere's no way that you could simply tell whether it would be going up or down in next.

Binance is under massive cooperating attacks and if they survive through all attacks in 2023 bear market, they will recover in 2024 bull run.

I don't recommend anyone to take risk with Binance and BNB like use all capital for it but I believe Binance will not die and BNB will have its show in 2024 and 2025. So surely I believe that token will easily recover to $310.

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Quote from: Bushdark on August 30, 2023, 03:02:16 PM

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

This is one of the things every investors face in the market and you will be ready to keep holding or else you could sell your holding in loses and be surprised that the market is going to go bullish that will give everyone that are holding the coin a good profits. There are people that bought Bitcoin when the price was $50K and they have no option than to wait and relax for the market to come to the price they bought before counting there profits. It is only people that are patient enough that will be able to make profits from the market.

As long you arent selling or closing up your position then those losses arent realized which means that you would really be that definitely having that kind of emotional hard condition which it is really between cutting losses

or holding up your position even more on which this is a typical condition which we do really face up but on the time that we are on such choice then using up your own common sense would really be just that enough on telling you that holding your position is the most smartest way to be done. We know on how this market works and how volatile it is. If we do enter on such high price then it would really be just that understandable that possibilities of going down would really be that possible in a snap which would causes for you to have that kind of impulsive approach and reaction which might lead into those bad decisions along the way.

Speaking about recovery then this is something that cant really be known because we know that whenever we do able to see a consolidating kind of market then movements arent really that something
that you could easily read up. THere's no way that you could simply tell whether it would be going up or down in next.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

This is one of the things every investors face in the market and you will be ready to keep holding or else you could sell your holding in loses and be surprised that the market is going to go bullish that will give everyone that are holding the coin a good profits. There are people that bought Bitcoin when the price was $50K and they have no option than to wait and relax for the market to come to the price they bought before counting there profits. It is only people that are patient enough that will be able to make profits from the market.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

If I were in your position of course I wouldn't be interested in trading and investing in BNB, I don't know what would happen, I don't think BNB should be at $307 for a long time, If you look at the exchanges they have, in fact, as far as I know, BNB has been traded on almost all exchanges in the world, but there have been no developments for BNB, for example: We can see the ATH phenomenon a few years ago, only placing it at the $690 level, the price at that time should have been equivalent to the price of ETH, but in fact this was not the case.

However, if you trade Bitcoin, I think you have now taken the spot trading method several times when the price went down and up, that's what I think and what I've done.

But because the BNB price is still at $223 and you bought at $307, of course you lose $84/BNB, wait for the BNB price to rise to at least $350 and sell, buy BTC, trade in Bitcoin, you will feel real profits, if you understand how to do it trading.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

BNB is a coin owned by binance and it's one of the good alts I know, the price is currently affected with the challenges binance is facing based on legal charges on ground and besides that the mover of all other cryptocurrency bitcoin is on a low price as well which should be expected that all other altcoins price will be affected.

You have to be patient with the market. From the price you bought to what it is now there's no much depth of loss and that's why you have to continue holding waiting for the good days ahead.

Shishir99

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Quote from: ?? on ??

I don't have access to real-time data as my knowledge cutoff date is September 2021

Maybe because you are an AI Shitposter?
You do not have real-time access because you are a Back-dated AI. The user who used you cannot afford to upgrade to the latest version so that he can get real-time data. Unfortunately, he is using you and your back-dated data to copy-paste on Bitcointalk to get some merit so he can participate in some campaigns.

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Quote from: adaseb on August 27, 2023, 11:46:32 PM

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.

It would bring his average buying price way lower from where is he now. But, that's not the case here. I guess either OP is gonna sell his coins or he is afraid that BNB might not recover the price anytime soon. I would suggest he buy a little more at the $200 price range so it helps him to decrease the average buying cost and hold it till the next bull run.

Even though we don't know when the next bull run is, I guess most of us predict maybe we can see the next bull run in 2024 after Bitcoin halving or it may take a little longer. So, he should assume that he has one year in hand.

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Quote from: nukerboy on August 27, 2023, 01:03:24 PM

I have a feeling that next bull run BNB could easily get to $700-800 or even $1000
It's a really solid coin

There's a big possibility that the price of BNB will reach that because it is the coin of Binance. It needs to break the strong resistance first before that happen. If they overcome the selling pressure, the price would break the resistance and create a new ATH for Bnb. It should be harmonized with the movement of Bitcoin because we know that altcoins will follow Bitcoin. If ever the Bitcoin will create new ATH, not only Bnb will make a new ATH but also all the other coins. That's why diversification is better if you want to maximize profit because there are coins who explode a lot up to thousand times.

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Quote from: Hamza2424 on August 29, 2023, 09:17:22 AM

Quote from: adaseb on August 27, 2023, 11:46:32 PM

Well they burn their tokens from time to time. So every time they do a token burn it should appreciate the remaining coins in circulation.

Right now there are way too many issues with BNB. One is all these regulatory requirements and trouble at BInance USA. And you got pretty much crypto which is completely flat lined. So much fud everyday about CZ is not helping the token either.

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.

Regarding the buying zone senior that you have suggested I think it really depends on how Bitcoin behaves in the coming week Most probably it is expected that the market will take a small pump and dump in a short time then according to Onchaina activities and analysts + ffundermental changes the market will start its Bull run journey.

So it really depends on how much the market takes a dip it will adjust the BNB lowest buying zone, I won't say whether CZ is doing so good or not as Binance is under pressure but its also temporary, Burning of Supply can be consider as the strong fundermental change but it doesn't mean that we can have its impact in current timeline. Currently market is fully dependent on the Sentimetal changes.

Haha i do remember on the start of 2023 it was expected that market will take its shoot in this Bull Run with the Asian market seems like due to the Hype of ETF's and USA lawenforcement this factor got ignored... For now enjoy the peaceful time in the market (Consolidating market).

Bitcoin would be always the main trend setter or the overall indicator for the price of each coin that it is next to it on which if its on bearish sentiment then expect that everything would drop. Try to look at the current situation that we are in on which that this one.

Breaking: Grayscale wins SEC lawsuit for Bitcoin ETF review
https://cointelegraph.com/news/grayscale-wins-sec-lawsuit

The price shoots up on 5% as far as i remember, try to look at on other coins in the market specially on top #10 which most of them do make out on the same movement
which it do really indicates on how Bitcoin do really influences out other coins market price behavior or movement. This is why its always safe to assume that
in terms or talks of recovery then it would really be entirely be depending on what the market condition on which Bitcoin does have.

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Quote from: adaseb on August 27, 2023, 11:46:32 PM

Well they burn their tokens from time to time. So every time they do a token burn it should appreciate the remaining coins in circulation.

Right now there are way too many issues with BNB. One is all these regulatory requirements and trouble at BInance USA. And you got pretty much crypto which is completely flat lined. So much fud everyday about CZ is not helping the token either.

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.

Regarding the buying zone senior that you have suggested I think it really depends on how Bitcoin behaves in the coming week Most probably it is expected that the market will take a small pump and dump in a short time then according to Onchaina activities and analysts + ffundermental changes the market will start its Bull run journey.

So it really depends on how much the market takes a dip it will adjust the BNB lowest buying zone, I won't say whether CZ is doing so good or not as Binance is under pressure but its also temporary, Burning of Supply can be consider as the strong fundermental change but it doesn't mean that we can have its impact in current timeline. Currently market is fully dependent on the Sentimetal changes.

Haha i do remember on the start of 2023 it was expected that market will take its shoot in this Bull Run with the Asian market seems like due to the Hype of ETF's and USA lawenforcement this factor got ignored... For now enjoy the peaceful time in the market (Consolidating market).

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Well they burn their tokens from time to time. So every time they do a token burn it should appreciate the remaining coins in circulation.

Right now there are way too many issues with BNB. One is all these regulatory requirements and trouble at BInance USA. And you got pretty much crypto which is completely flat lined. So much fud everyday about CZ is not helping the token either.

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

Its just my own opinion so please dont get offended. I believe its never going back to 300 levels unless there is a clearity from SEC about the binance case. Because we have seen in history that whenever government organisation gets after an exchange or project, they most definately put it down sooner or later. So if thats the scenario for binance then i dont think bnb will ever go back to 300 levels. But again its just my opinion and market moves totally according to its sentiments and not mine. So i suggest $100 loss is not a big one for u. just exit n save your capital, put in some other potential coin where u can make more out of it.

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Quote from: lalabotax on August 27, 2023, 04:45:26 PM

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

No one can tell you when will it recover. However, the chance of recovery to $300 has higher possibility.
Because we are talking about top alt, it is only a matter of time to see such range of price.
However, while waiting, better do other activities such as look for other valuable alts as you may missed some good opportunities.
If you will focus on this alt, you may end up losing a lot and not see other chances of recovering your investments.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

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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

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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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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 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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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

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.

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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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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 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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

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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...

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Quote from: mk4 on August 24, 2023, 01:20:17 AM

$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.

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Quote from: logfiles on August 24, 2023, 08:29:19 AM

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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

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Quote from: tvplus006 on August 24, 2023, 04:59:45 PM

Quote from: aylabadia05 on August 24, 2023, 03:12:18 AM

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.

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Quote from: cute nmp on August 24, 2023, 03:57:58 PM

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.

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Quote from: aylabadia05 on August 24, 2023, 03:12:18 AM

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 AM

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.

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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.

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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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

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Quote from: mk4 on August 24, 2023, 01:20:17 AM

$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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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

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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 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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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 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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

BNB is a strong altcoin along with ETH and LTC.

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.

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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.

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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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 AM

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.

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Quote from: Shorkarjakir0000 on August 24, 2023, 12:26:32 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?

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.

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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.

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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?

Topic: Appromixly how much time needs to recover BNB $310 price (Read 528 times)