Does anyone think binance coin is very stable? Is it a good buy right now? Seems to keep going up and stay steady while other coins are going up but not that much.
It has pumped a lot in the past few days; it's touching its all-time-high versus BTC right now. So no, I'll never recommend anybody to enter any BNB trade at this stage. Not a good time to enter anymore, IMO.
Binance-Chain is coming soon.
Binance-DEX is coming soon.
Binance goes international, enables Fiat and makes hundreds of millions of profit in a bear market and burns BNB
I believe it's one of the best in Crypto, especially in this depressive-shaky market.
Correct, that's exactly why it has managed to get pumped this much in the past few weeks. However, I've got a feeling that the "buy the rumor, sell the news" rule will apply here as soon as the Binance-Chain testnet (and DEX) is launched.
So, I'd not prefer/recommend entering in a BNB trade at this stage.
I never recommend buying because at any time that could be wrong. And of course, the price went up quite a bit lately, so a correction could be near. But I, for myself, think longterm. My reasons to be bullish are...
1) the fundamental reasons listed in my last post and
2) if BNB is so strong during a shaky bear market I consider it as very good longterm bet, once the market turns and the sentiment becomes better again. We've seen Ethereum at a marketcap of over $120 bn.
And I believe the Binance Chain will be superior - while it will not be about Smart Contracts, it will exactly be about what has lead Ethereum into a hype --> Issuance of Tokens. And I also believe that will become much more serious and professional in future, while Ethereum will probably not be the number 1 Blockchain to go anymore, but Binance-Chain - also because of their coming DEX.