Don't miss this opportunity to buy and hold BNB - page 12.

ivankoh

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BNB is owned by the largest cryptocurrency exchange which is a sign of it doing well when the market is favourable.

BNB has remained my top choice in the long term since they launched BSC, its value and performance has increased rapidly reflecting the real need for a cheap, fast, layer 1 blockchain. Although, because of the great success of a reputable exchange, the value of BNB is easy to fall into a difficult situation when binance is related to policy and legal issues.

It is also a weakness and one of the reasons why BNB has not been able to break out of ATH at 700$

GreatArkansas

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Quote from: stadus on October 02, 2021, 04:55:02 PM

Of course, that's one of the most attractive parts of why we should invest in BNB aside from its impressive development of the project. However, I suggest being smart enough in buying, at least not in the bull market as when correction comes, we might see a big discount on the BNB price and that would help us increase our holdings.

Binance is still a good investment because of Binance Exchange itself, I am not really a fan of their Binance Smart Chain. A lot of alternative of Etherum these days, Binance Smart Chain starting to lose users and migrating to other chains. As I remember a few months ago, Binance Smart Chain users surge as Ethereum experience the massive transaction fee, so people found another alternative and most similar before is Binance Smart Chain but yeah these days a lot of alternatives to Binance Smart Chain.

Dread Pirate Roberts

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Quote from: kevindjunaidi on October 01, 2021, 06:29:35 PM

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.

Well I am also a BNB fan and holder. think BNB price is still very good as option for long term holding. considering the number of new projects helped by BNB and BSC and having a big impact on crypto businesses too. What I believe is that at least the current BNB price can be equivalent to ETH. or even higher than that. because this coin provides real evidence of the benefits provided.

Kasabus

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Quote from: DoublerHunter on October 02, 2021, 04:38:48 PM

Quote from: tvplus006 on October 02, 2021, 05:58:12 AM

Buying BNB at the current price, you can turn from a trader into a holder for a long time. It is common practice to buy coins after a correction, but now the value of BNB has increased after Binance announced the launch of a new Beta Finance launchpad. I hope that the opportunity to buy BNB at a lower price will be provided on October 8, when the subscription period of the new launchpad ends and its participants will start selling BNB.

^ Probably this is the reason why BNB becomes expensive or grows too much, because of the Binance, many traders hold BNB because they know it has potential since it was owned by Binance, and now this said exchange will give too must boost on the BNB price.
In an activity like this, the price will increase and it all depends on the Binance announcement, and altogether with the demand and supply will surely this coin have real potential. If Binance will continue its services, BNB will have rapidly growth.

BNB has been making a rapid growth in the market which makes the whole crypto community amazed on it. Lucky are those who got to invest in BNB when it was still very cheap, they might be making huge profits by now. And since Binance continues to boost the growth of BNB, its not surprising that until now its still one of the solid coins that are leading in the market. So if you have witnessed how BNB started and reached its value right now, then there's no way of doubting it. Don't miss this opportunity to buy and hold BNB as early as now, otherwise you might get envy that others have made huge returns while you end up having your pocket empty.

Dewiana

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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.

I'm getting more and more interested in BNB, after following monthly developments in the middle of last year, it's fantastic
the price is increasing day by day, year to date the price of BNB sped up around April 565 percent this indicates there is a bright future

ansarose1

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Binance takes a pace to a better one since it upgrades its platform into a smart chain. Just like ethereum coin, it also made its own pace of crypto market exchange auch that it could be a very good investment platform in their own exchange. I think it would be going better for investment just like ethereum and make its price grow bigger.

Viscore

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Quote from: stadus on October 02, 2021, 04:55:02 PM

Of course, that's one of the most attractive parts of why we should invest in BNB aside from its impressive development of the project. However, I suggest being smart enough in buying, at least not in the bull market as when correction comes, we might see a big discount on the BNB price and that would help us increase our holdings.

We all know the best time to buy is when the market is in dip, but seeing it right now, its even getting more bulllish. Maybe we'll just wait for a while for BNB price to drop so we can buy more and gain higher profits if we sell them at peak.

However, we are not sure what will be the market in the next days so if you really believe in the potentials of BNB, as long as the price is still affordable, then you can start buying it with the current price. BNB has a lot more way to make good developments and progress in the crypto market so we should not miss buying BNB this time.

sunsilk

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Quote from: kevindjunaidi on October 01, 2021, 06:29:35 PM

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.

BNB's supply isn't low. Even it has a scheduled burning, the supply will remain as is but burning really is doing the thing in lessening in which makes the price better.

It's not all about the burning but with all the developments that are happening on it. Compare it to Ethereum at the same rate, no burning capacity before the London Hard fork was made and yet the price was up and then it became better because of the fork.

stadus

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Of course, that's one of the most attractive parts of why we should invest in BNB aside from its impressive development of the project. However, I suggest being smart enough in buying, at least not in the bull market as when correction comes, we might see a big discount on the BNB price and that would help us increase our holdings.

DoublerHunter

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Quote from: tvplus006 on October 02, 2021, 05:58:12 AM

Buying BNB at the current price, you can turn from a trader into a holder for a long time. It is common practice to buy coins after a correction, but now the value of BNB has increased after Binance announced the launch of a new Beta Finance launchpad. I hope that the opportunity to buy BNB at a lower price will be provided on October 8, when the subscription period of the new launchpad ends and its participants will start selling BNB.

^ Probably this is the reason why BNB becomes expensive or grows too much, because of the Binance, many traders hold BNB because they know it has potential since it was owned by Binance, and now this said exchange will give too must boost on the BNB price.
In an activity like this, the price will increase and it all depends on the Binance announcement, and altogether with the demand and supply will surely this coin have real potential. If Binance will continue its services, BNB will have rapidly growth.

tvplus006

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Quote from: Rocky993 on October 02, 2021, 12:36:02 PM

...The way BNB has presented its position suggests that BNB will try to impress everyone and in the next case we hope it will grow further.

The price of a coin depends not only on its reliability and demand, but also on the general state of the cryptocurrency market. Well, as we know, the price movement in the market directly depends on bitcoin. And therefore, if BTC continues its upward movement or is in the sideways direction, then we can expect to receive a profit from holding BNB.

Rocky993

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The way the BNB is growing shows how big a reliable currency it is. BNB has tried to position itself on the throne of a bigger project in the market, BNB will give huge amount of profit by making long term investment. BNB is now in a position to buy at a slightly lower price. The current market is slowly pumping in. The way BNB has presented its position suggests that BNB will try to impress everyone and in the next case we hope it will grow further.

Gozie51

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Quote from: cryptoaddictchie on October 01, 2021, 08:34:34 PM

This is also one of my biggest regret when I dumped my bnb and wasnt able to buyback it before the bull run finally kicks in during the start of this year. Lucky those who have diamond hands and able to retain their holdings surely they already gained a lot on this price of bnb. But if any case that bears come, Im surely will buy back those bnb definitely. One of the best working exchange so far.

Well you don't need to regret on that sell you made on BNB because off course could have sold it in profit at the time and have used your money for a certain challenge the reason you decided to sell, so let it go . Some investors would still sell the hodling they have now and will express same regret when BNB jump to probably $3,000 soon. Is a decision to invest in a project by speculation because nobody actually know what price will be by tommorow or future, if they know the future they will sell off properties to buy. BNB is definitely going bull anytime bitcoin rally starts properly.

Gayong88

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Maybe I can add one more Binance with BNB coin besides having excellent features if I'm not mistaken that is you can staking launchpool - your BNB crypto is locked into the Binance system and you will be given new crypto instead, just think of it as mining crypto using BNB coins. Well, apart from that the price of BNB has gone up 43,000% since the creation of crypto BNB from 2017 https://www.binance.com/en/blog/421499824684901482/14th-BNB-Burn-%7C-Quarterly-Highlights-and-Insights- from-CZ. Yes. BNB has a lot of potentials, don't look at the price now, but the price will be in the future.

trauchot

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I completely agree that the price of BNB is still very low at the moment, and I think when the next pump of the cryptocurrency market will come, the price of BNB can easily reach 1k$ and maybe even more, so I invested in BNB some time ago and now I am just waiting for the BNB pump to start, also BSC network is also becoming more and more popular and because of this, more and more investors want to invest in BNB and especially big players, and even after the big BNB pump which has been not long time ago, I am sure that not all major players have sold their BNBs yet and these big players are biding their time to start pumping BNB.

iv4n

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Quote from: JohnBitCo on October 02, 2021, 02:33:36 AM

Quote from: iv4n on October 02, 2021, 12:55:25 AM

BNB is definitely a good investment at the moment! The entire crypto market looks pretty stable last few weeks, I don't think we will see the prices dropping so this can be a good time for buying different coins, and for sure BNB is one of the coins we should pay attention. I am accumulating BNB and stake them, a safe way to increase my balance, so I am trying to invest whenever I can... Especially because that passive income, it can't get any better, more coins from staking and with the potential price rise I hope that BNB can bring me a nice profit one day.

Yes, BNB is a good coin to hold for midterm to long term. However i a worried about binance exchange stopping its operations in few countries. Also they are being accused of inside manipulation in future and margin trading. Investment in BNB is good but we should keep an eye open on what's gong with the regulations on binance exchange.

Agree JohnBitCo, every once in a while that happens! But Binance is managing to adapt, so it's not like it's the end of the story! I didn't see those accusations, but I guess they will solve that as well! I didn't like Binance and BNB at the beginning, but one of the things I like is that they are solving all the problems around, they are finding solutions and they keep growing and developing!

I also agree that we should be careful with all investments we make, there isn't a 100% safe one, so this is not that for sure! My opinion is clear, I think they will grow even more in years to come, of course, there will be ups and downs, like with all others, but I think if they continue to work as they did until now BNB will have a bright future!

Quote from: tyz on October 02, 2021, 06:05:31 AM

Quote from: kevindjunaidi on October 01, 2021, 06:29:35 PM

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!

tyz

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Quote from: kevindjunaidi on October 01, 2021, 06:29:35 PM

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/

tvplus006

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To the Moon

Buying BNB at the current price, you can turn from a trader into a holder for a long time. It is common practice to buy coins after a correction, but now the value of BNB has increased after Binance announced the launch of a new Beta Finance launchpad. I hope that the opportunity to buy BNB at a lower price will be provided on October 8, when the subscription period of the new launchpad ends and its participants will start selling BNB.

makishart

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A good coin to be used or short term investment but people have been accumulating when the price of binance coin was dipping a last week. This time people are FOMOing it. there's no reason to buy when the price is starting to increase or you will be dealing with a huge risk by loosing the opportunity to get money from the market. People may got attracted with regular burn but it's about to get the right position to enter in the market. I can say that if anytime should be a good time to accumulate more and more BNB if you're believing in the long term but it will become a different story when you will be accumulating more BNB for short term. Our position will be determined how much our profit if that was increasing again to surpass its ATH

killerfrost

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Binance has had an ongoing commitment to reduce the total supply of BNB in the market. Every quarter since it launched, Binance commits to use 20% of their profits to buy back Binance coins and burn them forever.

Coin burning or coin burning is the permanent deletion of this coin, they are no longer circulating on the market. Doing this leads to a decrease in the total supply of that coin. One of the reasons for doing this is REDUCING inflation to the lowest level. All of these coin burn events are recorded as transactions on the blockchain, meaning they are 100% transparent.

Topic: Don't miss this opportunity to buy and hold BNB - page 12. (Read 1585 times)