Topic: BNB VS Eth - Invest in ETH since BNB is centralized (Read 984 times)
but what about buying both, it's not a bad choice. It doesn't matter if the BNB looks centralized, as long as this coin is profitable I'll buy it. and ethereum remains the number one choice. so I can't choose between the two. these two coins are still worth buying in the next year. BNB with exchange and platform Dapps which they are currently developing, and ethereum with 2.0. all of that can give me profit in the future.
I prefer investing in bitcoin than ETH and BNB. Even though I hold ETH in my portfolio, I still prefer BTC, because BTC is completely decentralized and very feasible as an investment.
Yes, but in this case you have already given an answer that is beyond the question in this topic, because almost everyone clearly likes Bitcoin, but when someone asks for two different tokens, then you have to choose one of the two tokens. that, instead of choosing coins that are not in the question selection.
I can't really understand what it means to be a centralized digital currency means especially to the investors not until I made a quick search on google about centralized digital cryptocurrency. I learn that centralized cryptocurrency are being controlled in the cases like XRP and BNB. So, meaning that even though these currencies has good community supporting to it but in case when you like to invest where the cryptocurrency is under controlled by the team like they can add more supply to it and price will go down.
I prefer investing in bitcoin than ETH and BNB. Even though I hold ETH in my portfolio, I still prefer BTC, because BTC is completely decentralized and very feasible as an investment.
For me both of them are good for investment. At this moment ethereum is the most popular and most used platform based token. And it has a very big follower and dev base too. So etheereum was always good for investment and it's still is. In other hand bnb is not just exchange base coin now. Now bnb is used on binance chain, it has a dex now and many more. And I think in future binance will push it further. So for me both of them are very good if someone just see as a investment. I know bnb is kind of centralized but it's trusted also. Now it's upto you.
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BNB has its own charm but i do agree with your point as binance is run like a private corporate company while eth is a truly decentralized blockchain ecosystem who has global developers working on it so my choice will obviously be ETH too.both are quite good and we know that BNB has a well-known exchanger of its own, to be able to regulate its trade flow and indeed with the support that is done, it will certainly make BNB very profitable. but we know that ethereum is already known as a reference for all new altcoins that will grow and is well known and recognized and always consistent, so that many investors are still eyeing and making lucrative investments. For development, ethereum is still very popular with investors and has not been replaced by any altcoin to date.
BNB VS Eth - Invest in ETH since BNB is centralized
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
BNB has its own charm but i do agree with your point as binance is run like a private corporate company while eth is a truly decentralized blockchain ecosystem who has global developers working on it so my choice will obviously be ETH too. Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
I've been holding ETH for my portfolio for the last few months and I don't care about the impact of Defi. Without Defi, ETH could develop in the market because Defi was just the hype that would disappear at any time.
This DeFi project only affects Ethereum prices temporarily and does look like hype, after DeFi is no longer attractive and no investors are interested anymore, the price will definitely collapse and Ethereum is also affected, so I prefer not to invest in any DeFi projects.Binance currency is worth paying attention to, as its owners take care to attract traders and win their trust.When talking about Ethereum, it is difficult to talk only about the coin, since it is not only a successful cryptocurrency and a profitable investment tool, but also a whole virtual platform based on the blockchain, with unlimited possibilities.
Both token are good to invest with but if you are looking for a much better one between ethereum or bnb coin I strongly suggest that you invest with a decentralized which is the ethereum rather than bnb coin which is still centralized. Also, I think that there are plenty of crypto enthusiasts that will be agreeing to me that you will get a much better profit and earning when investing in ethereum than bnb especially now that they have upgrading and make a very huge development within their blockchain.
to be honest, I would probably use BNB just to trade on binance. well, taking advantage of the function would be better there. However, when it comes to holding back, in the long run, I prefer Ethereum. Besides decentralization, ethereum will also develop ethereum 2.0 which will support ethereum to be better.
I've been holding ETH for my portfolio for the last few months and I don't care about the impact of Defi. Without Defi, ETH could develop in the market because Defi was just the hype that would disappear at any time.
This DeFi project only affects Ethereum prices temporarily and does look like hype, after DeFi is no longer attractive and no investors are interested anymore, the price will definitely collapse and Ethereum is also affected, so I prefer not to invest in any DeFi projects.BNB has a lot of products. It was working on the same field with ethereum too.
When comparing BNB and ETH, of course I prefer investing in ETH, not because BNB is bad for investing. However, ETH is indeed
much more profitable, because there are indeed many coins currently circulating using the ETH network. So ETH is indeed more
useful when compared to BNB, even though ETH transaction fees are higher than BNB. Does not make ETH demand decrease,
so what makes ETH very attractive to investors is that the price is slowly increasing, following the upward movement of the Bitcoin price.
much more profitable, because there are indeed many coins currently circulating using the ETH network. So ETH is indeed more
useful when compared to BNB, even though ETH transaction fees are higher than BNB. Does not make ETH demand decrease,
so what makes ETH very attractive to investors is that the price is slowly increasing, following the upward movement of the Bitcoin price.
In my opinion both of them are very good as investment. Ethereum is the 2nd biggest coin of the market. It has the most use cases and a huge marketcap with which follower and developers base also. In the other hand bnb is now not just a exchange coin. Binance uses bnb in manu places. Now itnhas a chain a supported dex and also bnb is very important for its ieo platform too. Yeah bnb is kind of centralized or backed by binance fully. But in my opinion as investment both of them are really good.
I've been holding ETH for my portfolio for the last few months and I don't care about the impact of Defi. Without Defi, ETH could develop in the market because Defi was just the hype that would disappear at any time.
BNB and eth are both potential coins that can yield good profits, but if I'm asking to pick BTW the two, I would definitely go with eth over bnb, cause eth has alot of users and so many successful projects are running on their blockchain, while bnb has less users and it's just a currency for the binance exchange which can be used for different purposes like reducing transaction fees, staking etc, anyway I can't tell anyone to invest in any of them cause investments are risky and it's best for anyone to do his/her own research before buying, don't follow anyone's opinion, I did mine and I can be wrong, so do yours.
if to choose now, I would prefer Ethereum over Binance, for now Ethereum is a lot of good news,
Ethereum 2.0 is ready to launch making the community believe that this is bullish!
Ethereum 2.0 is ready to launch making the community believe that this is bullish!
No doubt ETH is the best altcoin so far, invest your fund in ETH and you will surely happy you did. Eth 2.0 will definitely pump the price.
Both are ruling the world of Altcoin. Although the first altcoin of the ETH blockchain, I would put BNB a little ahead. Because BNB has a lot of potentials.
I am also willing to give BNB a bit more moral support when compared to ETH. During the last few months or even years, the Binance Chain has proven to be a stable and scalable Blockchain. Still a lot needs to be done, regarding the development. First of all, storage of BNB is not as easy as ETH. And also, the acceptability remains low. There are very few places, where you can make the payment in BNB.
Both are ruling the world of Altcoin. Although the first altcoin of the ETH blockchain, I would put BNB a little ahead. Because BNB has a lot of potentials.
BNB VS Eth - Invest in ETH since BNB is centralized
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
Why do you think that bnb is a threat for eth when it is not as it is a completely different project that mainly revolves around its exchange ecosystem while ethereum is bring blockchain, smart contracts and automation to the world so no real match. Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
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