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Topic: Don't miss this opportunity to buy and hold BNB - page 11. (Read 1585 times)

hero member
Activity: 952
Merit: 503
Crypto market is unpredictable.  We think one thing is different in reality. All coins up down related to bitcoin. While Bitcoin costs $65k, BNB costs $680. According to your prediction, when BNB is $1500, the price of Bitcoin will be much higher. So why don't we invest in Bitcoin?
For investment, usually some people put it on several coins and that is also included in Bitcoin, because if they only put it in one basket like Bitcoin, they will also cry when Bitcoin is corrected even though others will follow suit.
hero member
Activity: 2002
Merit: 516
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.

I am very curious how did you calculate that the price of $1500 is decent for BNB?
Of course, I agree that BNB has a great potential to increase the price, but it will all depend on the demand, i.e. popularity. For sure its price will increase, but I think that after the introduction of ETH2.0, the potential of BNB will drop a lot.
jr. member
Activity: 1876
Merit: 5
In my opinion, BNB is under development and soon this coin will achieve great success in the cryptocurrency market. So now there is a unique chance to invest in a BNB coin. And in the future, it will be possible to make tremendous profits.
hero member
Activity: 2688
Merit: 540
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The future seems very bright with BNB. Quarterly burning of BNB is a big strategy for BNB to skyrocket more than expected. BNB price is looking strong day by day and it's likely to top ethereum in year's to come. BNB has been one of my favourite coin, expecting her price to hit a thousand before the end of the year. It will be a bullish season for BNB by next year
I only see BNB coin as usual because there is no effect at all on the price even though it has been burned repeatedly every quarter, now BNB looks strong not because of the burning, but because of improvements in Bitcoin so it looks so strong, even though it's just as usual, and BNB will also be very difficult to fight against Ethereum even though its use is increasing, but the power of Ethereum is still very large.
At least they do really have that burning events which could really make out the price even higher but its true that this hadnt always been the case and im sure you are pertaining or trying out to compare it with ETH
which do actively burns out eth on every transaction made but i dont know if it could really be possible on BNB knowing that this coin does have really not a huge supply so its just pointless if they do really have this
kind of plan and i dont see for it to be effective but well if you do really believe with this project then you could always have the right on accumulating it.
sr. member
Activity: 1176
Merit: 250
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The future seems very bright with BNB. Quarterly burning of BNB is a big strategy for BNB to skyrocket more than expected. BNB price is looking strong day by day and it's likely to top ethereum in year's to come. BNB has been one of my favourite coin, expecting her price to hit a thousand before the end of the year. It will be a bullish season for BNB by next year
I only see BNB coin as usual because there is no effect at all on the price even though it has been burned repeatedly every quarter, now BNB looks strong not because of the burning, but because of improvements in Bitcoin so it looks so strong, even though it's just as usual, and BNB will also be very difficult to fight against Ethereum even though its use is increasing, but the power of Ethereum is still very large.
member
Activity: 672
Merit: 29
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.
The future seems very bright with BNB. Quarterly burning of BNB is a big strategy for BNB to skyrocket more than expected. BNB price is looking strong day by day and it's likely to top ethereum in year's to come. BNB has been one of my favourite coin, expecting her price to hit a thousand before the end of the year. It will be a bullish season for BNB by next year
hero member
Activity: 1512
Merit: 874
Binance's journey so far has amazed many people, especially me and truly appreciates what has been achieved so far. Just imagine that Binance Smart Chain (BSC) was launched in September 2020 *if I'm not mistaken, being able to make it the most successful network today. Coupled with the Binance Exchange that does not stop trading activity every time. So it is very appropriate if Binance becomes a competitor to Ethereum in 2021 and is very feasible to be used as a future investment asset. In terms of the future price of BNB with what BNB has experienced at the moment, the $1K price tag is not a difficult thing in my opinion.
legendary
Activity: 1932
Merit: 4602
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as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.
The rise in the BNB token price can also have a negative impact on the Binance Smart Chain, because fees in this ecosystem will grow, and developers will have to create layer 2 solutions Smiley
But I try not to invest in coins, the price of which has risen 1000 times or more. You can earn 200-400% of the profit, but you can lose a lot more.
Answer first he rose: "What BNB Token Price should be in a bear market?"
legendary
Activity: 2268
Merit: 1655
To the Moon
Crypto market is unpredictable.  We think one thing is different in reality. All coins up down related to bitcoin. While Bitcoin costs $65k, BNB costs $680. According to your prediction, when BNB is $1500, the price of Bitcoin will be much higher. So why don't we invest in Bitcoin?

Both bitcoin and BNB are among the top coins and their reliability is beyond doubt among investors. But the potential for growth, in my opinion, and the size of the potential profit for the investor, they have limited. I would invest part of my capital in a new coin that has its own blockchain and a small capitalization,
jr. member
Activity: 1442
Merit: 2
I totally agree with you. At one point, everyone talked about Etherium and said that it would easily exceed the 2K $ mark, check out Ethereum 3K $ Plus today. Today, I think the price of BNB will easily exceed the 2K $ mark within a few years. So without a doubt, those who can hold BNB for a long time they will definitely get a good profit.
sr. member
Activity: 1582
Merit: 264
Next Generation Web3 Casino
Crypto market is unpredictable.  We think one thing is different in reality. All coins up down related to bitcoin. While Bitcoin costs $65k, BNB costs $680. According to your prediction, when BNB is $1500, the price of Bitcoin will be much higher. So why don't we invest in Bitcoin?
legendary
Activity: 1778
Merit: 1009
Degen in the Space
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.
I still hold BNB for the future. Binance's chances of hitting the triple digits are huge. It's only a matter of time. Binance also does regular burning for its BNB coins. I hope for a big bullish trend for bitcoin to come soon. BNB prices are pretty stagnant at the moment and I expect something big to happen in the future. Bitcoin turned bullish again. Big news is coming.
I agree with you that BNB has a bright future and has the ability to reach three digits in the near future; all you have to do is wait and see. We are all familiar with the usecase of BNB, which is utilized on a regular basis in different tokens, and ETH has a similar usecase. Take note that ETH is pumping, thus there's a chance that BNB will soon follow suit, much as ETH did in previous years. Just keep going, large increases don't happen in a few hours, it takes a long time, and we knew it would be worth it shortly.
full member
Activity: 658
Merit: 189
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.
I still hold BNB for the future. Binance's chances of hitting the triple digits are huge. It's only a matter of time. Binance also does regular burning for its BNB coins. I hope for a big bullish trend for bitcoin to come soon. BNB prices are pretty stagnant at the moment and I expect something big to happen in the future. Bitcoin turned bullish again. Big news is coming.
full member
Activity: 314
Merit: 107
I really like BNB, partly because it belongs to Binance, the world's largest Crypto Exchange. And also because the BNB project is clear and real, so this is one of the coins worth investing in long term
sr. member
Activity: 1988
Merit: 453
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.

Binance coin has gone up by quite a lot recently, despite the rumored lawsuit on the exchange from SEC. At this point, it looks risky for me to invest in BNB. And from what I have seen, altcoins tend to be more volatile when compared to Bitcoin and they can lose up to 80% of their value in a week. We all saw what happened to XRP while they were having issues with the SEC. I am not saying that if it repeats with Binance, then BNB will also go down by that much. But the impact would be real bad.
hero member
Activity: 2268
Merit: 588
You own the pen
The price of BNB currency has come down a lot those who had invested and kept it at that time have got a lot of profit. But now it is a good time to buy BNB currency the price will go up further this is because many users hold their BNB in ​​anticipation of price increases you can safely save your BNB to your binance account or to our crypto wallet app trust wallet. The reason for the fall in prices is that the currencies will rise again and the market will recover BNB has become its own token of the original binance chain blockchain and has become a worldwide valuable cryptocurrency in terms of market cap.

It has been said from the time their exchanges have been successful that their coins will gonna bloom someday because they have working and useful development and updates. Especially when they added the Binance Smart Chain really helps to minimize the transaction fees. There are also lots of NFT games that used their platforms which will make their market increase in the upcoming days. Nevertheless, they will not gonna die like the other crypto exchanges that have no innovative updates to save their companies. Binance has been known for that and they will remain number one as long as they have the means to create innovative platforms for everyone.
member
Activity: 498
Merit: 56
Buzz App - Spin wheel, farm rewards
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.

For now it is true that the price of BNB is still very cheap, if you look at the two development projects they are doing, even though these two projects as a supporter of BNB are still surviving in crypto to date, if the total supply and will burn every quarter, then BNB will decrease. that's why the reduction can help BNB increase its selling price, because the total BNB is getting smaller and continues to affect its selling value, the possibility of reaching the number you mentioned will be very open, if BNB continues to make improvements.
hero member
Activity: 2604
Merit: 816
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I am still trying to buy more BNB, although I can not buy a 1 BNB directly but in a small amount. Besides buying more BNB, I am also trying to stake some BNB in my Binance because that can give an additional amount, although I need to wait for some time to earn some amount. BNB will have a big chance to increase more than the price now and that will be like ETH and maybe the BNB price can be like ETH in the future. At this moment, while the price did not increase so high after the downtrend yesterday, we can buy more BNB and hold it to expect to make more profit in the next altcoin season.
tyz
legendary
Activity: 3360
Merit: 1533
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.

It's interesting that you don't write anything at all about the danger that Binance poses. Binance is currently the largest crypto exchange in the world and is not regulated at all. It also has no official headquarters. That's why many investigative agencies around the world are after Binance*. What if Binance's backers are eventually caught and the exchange is shut down? Then the value of the token would vanish into thin air.

*
https://www.bloomberg.com/news/articles/2021-05-13/binance-probed-by-u-s-as-money-laundering-tax-sleuths-bore-in
https://www.finextra.com/the-long-read/249/whats-going-on-with-binance-the-low-down-on-the-drama-ridden-crypto-exchange
https://coingeek.com/regulatory-walls-are-closing-in-on-binance/

If the exchange goes down smart contracts will stay, and they will have DEX too! Of course, "Nobody is too big to fail", but I don't think that will happen with Binance!

Are you sure? Do you realize that the BNB Chain is centralized and the node operators are mostly controlled by Binance? Currently there are only 11 validators. I wouldn't be so sure if the chain would be maintained if Binance were to be shut down. If you believe that you should research a little more or at least read articles like this one on Yahoo Finance https://finance.yahoo.com/news/binance-smart-chain-centralization-concerns-092000694.html
hero member
Activity: 1722
Merit: 895
as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.

These two projects can guarantee BNB can stay on coinmarketcap, so BNB is the most sought after coin by people besides bitcoin and ethereum. The increase in the price of BNB is highly dependent on the developments they make, so that in the coming year BNB has reached the targeted amount, the total supply of BNB will burn on a quarterly basis resulting in a reduction and make BNB smaller, it is possible that the price of BNB in the future will reach above $1500, if the development is successful.
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