Topic: Is BNB a good long-term or short-term investment? - page 2. (Read 292 times)
Yes of course. BNB is very promising coin that may increase up to $1,000 each this year or in the long run. It is good for long term and also for short term depends to the investors and traders. It is also says that BNB could be the next Ethereum. Therefore good to buy BNB not because it is the next Ethereum but because it is potential and promising.
I think bnb is good to invest at any time, both using the long-term and short-term methods, both methods when used will benefit Bnb holders. but if to get more profit it's best to use the long-term method for bnb investments
Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
It could be long-term or short-term based on your holding strategy. BNB is also a good innovation chain and strong operation scope as well. Long-term holding might need more patience time.
Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
It has already reached its potential I believe. From now on, it will move correlated with bitcoin. How bigger can binance can get from here? Especially when they are dealing with all those investigations... ı know BNB is not a company stock but you can't deny the connection.
So... I don't think BNB is a safe long term investment.
BNB has a really high potential for growth, only this potential was exhausted after the price of the coin increased 20 times since the beginning of the year. And given Binance's problems with the law and CZ desire to leave the post of head of the exchange, it will be risky to invest in this coin.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
Either long-term or short-term, I consider BNB a good investment. Mainly, lots of users are now using the BSC chain since the fees are cheap alongside quick transaction speed. Binance is also growing more making it a monster platform that's now hard to imagine will collapse sooner or later.
The BNB itself is a good choice but for good profits to come, it will depend on our own strategy.
It's useless to invest in a good and profitable coin if we don't know to handle it.
*Snip*
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
BNB is an exchange coin which is currently providing a lot of benefits to everyone, that's what I experienced because I invested in this coin since 2018, who would believe the price went up to $400 usd and since BSC was launched the price of BNB has slowly gone up, reaching a new ATH above $600.
ETH and BNB are good coins for a long term investment, currently the ETH platform will switch to using POS and BNB has been doing that since sending transactions on the ethereum network rose due to the density of transactions.
BNB is likely to hit $1000 if the team continues to burn coins for 3 months, let's wait for new ATH from BNB at the end of the year
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
Both of them, BNB was really good for Long-Term & Short Term investment, It's have wider use case and backed by the biggest crypto exchange so you can expect some significant grow, Beside that BEP-20 was really good to become an alternative for Ethereum especially after last fork that i see didn't really affecting so much to the current ethereum main Problem (Gas Fee), The only things that make BNB not really good was Centralized but so far i know it will change in the future with public validator, Not sure too but if you want it for Store-Of-Value it was good choice!
It depends on your investment preferences as well. If you are looking for a coin that might offer you the chance for a flip with decent profits, I think BNB could be a good choice indeed. In a bull run it will go up reasonably well I would expect. But it also has a lot of long-term potential unless Binance fails to deal with the problems they are currently facing. Regardless of the issues, it is an established global corporation with a huge user base and amazing revenue. The industry can be expected to grow further and if Binance plays this game well, they will also at least keep their market share in relative terms and expand in absolute terms with the sector growing further.
Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
In short time BNB will Fallow ETH cause their own Blockchain already too much popular every news token using BSC network Running lots of projects and some project is coming very soon so I think BNB can hold long term cause market is recovering day by day.so I always support BNB cause it's already low price. What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
As the days go by, BNP's currency is becoming very popular.
Hopefully BNB coin will be in a very good position one day.
I think if we buy BNP coins now, then we can be very profitable in the future.
In addition to the increase in the price of Bitcoin, the BNP has increased its price a lot
Hopefully BNB coin will be in a very good position one day.
I think if we buy BNP coins now, then we can be very profitable in the future.
In addition to the increase in the price of Bitcoin, the BNP has increased its price a lot
Up until now I'm still not sure to hold the BNB for a long time it goes up and down though we understand it since its a cryptocurrency and it's volatile, it is just that of course the Defi and NFT will soon be gone and the hype will go as well after that I'm not sure if the BNB would still be a good investment or not.
Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you.
Currently, there have been many appraisers and analyzes going on at BNB, where analysis is the initial process to determine everyone's choice, for now we can determine the level of long-term and short-term investment, both of which are suitable for use at BNB.
If you look at short-term investments, today it is proven that BNB is very good in the market and worth investing in, while long-term investments also have the opportunity for everyone to use BNB, this can be seen by BNB 2 years ago, all circumstances, conditions and influences what happened in the market was that BNB was very stable and tended to be normal.
BNB is a very good currency whether you invest in the long term or the short term it is possible to get profit only if your capital is more than this. But most traders prefer BNB long term like bitcoin and ethereum. Longterm investments are more profitable and holding on for longer will double the demand and value of currencies will have to wait until the next price.
What do you mean by "capital more than this?"BNB is good for both long term and short term trading.
Long term investment is good especially for those who doesn't want to take the risk of short trading.
However, for the traders, they could actually get more profit than just holding BNB. Because BNB's volatility is good for short trading, thus it'll always have a good price action as BNB is paired with almost every coin in Binance exchange.
BNB is a good investment, but there is something that Binance has been facing now, a lawsuit specifically. I hope It would be resolved.
I became interested in investing in BNB not long ago, I became interested in BNB after knowing the price of BNB has increased dramatically this year.
Then BNB is always in the top 5, this proves that BNB has great potential for investment. After I studied BNB a few months ago, indeed BNB is very
good for long-term or short-term investment. But because I don't have time to monitor the market every day, so I prefer long term investment
in BNB. Even though Binance is in legal trouble, I believe Binance will work it out well. Since the owners of Binance have been in the crypto world
for a long time, I believe Binance can overcome every problem it faces. So there should be no doubt about the future of BNB.
BNB is a very good currency whether you invest in the long term or the short term it is possible to get profit only if your capital is more than this. But most traders prefer BNB long term like bitcoin and ethereum. Longterm investments are more profitable and holding on for longer will double the demand and value of currencies will have to wait until the next price.
What do you mean by "capital more than this?"
BNB is good for both long term and short term trading.
Long term investment is good especially for those who doesn't want to take the risk of short trading.
However, for the traders, they could actually get more profit than just holding BNB. Because BNB's volatility is good for short trading, thus it'll always have a good price action as BNB is paired with almost every coin in Binance exchange.
BNB is a good investment, but there is something that Binance has been facing now, a lawsuit specifically. I hope It would be resolved.
BNB is good, the team are great and the platform as a whole is outstanding, but what was the price of BNB early this year of which is went up very high? Understanding that and what lead to that price or ATH will help figure out what contributed to such, and the simple answer is more use case and more people now using it for transactions, fees etc. Remember when the Meme projects were launching every now and then, a good number were leveraging the BSC network, via different swap platforms or Dex such pancakeswap, Apeswap and so on, all the transactions going through these Dex contributed to the growth of BNB, coupled with the team's or CEO constant acknowledgement of BNB on twitter.
So in other words the higher usability of a coin contributes to its growth since more people are now using it, therefore it is clear that BNB is good for long term. On the case of better store of value, yes it will be a good store of value but not better than ETH, ETH is constantly improving on their blockchain the London hard fork proved a lot about the ETH team and their expertise.
So in other words the higher usability of a coin contributes to its growth since more people are now using it, therefore it is clear that BNB is good for long term. On the case of better store of value, yes it will be a good store of value but not better than ETH, ETH is constantly improving on their blockchain the London hard fork proved a lot about the ETH team and their expertise.
Other than Bitcoin (BTC), I'm not sure to make a long term investment. For me, the new breakthroughs that Binance has been making now interest me, but not in the long term.
In my opinion, Binance is a coin that has good short-term investment opportunities.
In my opinion, Binance is a coin that has good short-term investment opportunities.
BNB is a very good currency whether you invest in the long term or the short term it is possible to get profit only if your capital is more than this. But most traders prefer BNB long term like bitcoin and ethereum. Longterm investments are more profitable and holding on for longer will double the demand and value of currencies will have to wait until the next price.
Without a doubt, BNB is a long-term investment. I think that we invest for a short term only in meme coins and different altcoins that are not very popular, but they are likely to pump because of hype around them. What comes to BNB, it is already popular so it is quite difficult for it to increase by 10 times or more especially fast. So we should wait for a profit in the long term.
It's only my opinion but I think yes as you can see the DeFi and the NFTs are high at the moment and those NFTs and DeFi use BNB in order to complete their transaction. For me I think this could be a good long term investment I remember the time when I see the BNB which is only around $50 and now you can see it's more than $300 so I think it's really good for long term as long as the DeFi and NFT are around.
This increase in bnb is indeed inseparable from the defi and nft projects that use the binance smart chain services as a transaction tool. so I personally also think that bnb is suitable as a long-term investment tool, because besides that they have the largest exchange in the cryptocurrency market Jump to: