Is BNB is at it's peak price? - page 10.

leslie_777

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

BNB values needs to be match its valuation price, should be much higher than Coinbase which valued 100b.
base on this, BNB needs to pump to $800-1000.

sulendra12

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

The volume is raising in last 24h. We should expect the price increment later.

I'd personally go keep them if you have some, the price is really promising for the holders and I guess you don't want to miss out the opportunity like me, by looking at the price and it leads to make more interest to the investors.

Willitivity

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

Instead of day trading and end up losing it all to wrong trade decisions, why not just hold your BNB, cause IMO BNB is looking so good these days, both FA and TA are bullish it reminds of Eth in 2017, also a more reason why you should hold your BNB is because of the BNB burning event which will happen anytime soon, remember burning a token will reduce the supply and that will add value to the
remaining coins that are left.

Kelvinid

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

That is really hard to answer but I supposed to suggest you just hold on until the market shows some declines. But if you were already satisfied with the price, make a move now. If we remember the 2017 event, it all comes as a big surprise that the market turns down fast, and we can ignore that possibility this time as the market remains volatile and unpredictable. We can't certainly expect everything will be good but rather to be wise and not to be greedy so much.

Fatunad

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

Determining the peak is the most hardest question for all of us because we cant make out precise presumption that BNB is already into its peak side and we wont know
on when it would be stopping on increasing because currently we are seeing that it is really moving that fast and there are several factors or reasons on why it does
move like that.We dont know on when it would stop and there are lots who had missed out the opportunity on making profits because they havent entered early
and just still observing until this very moment when the price is already high.I cant blame them though because i do have the same behavior like that. Grin

bandungan

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BNB price is going to go up soon, I don't think it's a peak price. but this is the initial price of BNB's increase and BNB will soon find another ATH in the future. and the potential for BNB is also very large so do it when BNB still has its current price before BNB flies higher

Ararbermas

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

its up to you if where do you feel comfortable, if you think gaining quick profits will good for you then go for it,

however,if you literally don't now what to do because of being lack of information and knowledge how to manage your investment, then much better to hold it for long term.

And no offense mate, i suggest while hodling don't hesitate to take some time to read and make a research ^{("educate your self first")} about trading and investment such how to make TA in the market and etc .. Because it's the only thing that can help you to make your investment safe to be honest..

tvplus006

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Keep holding your BNB the current ATH of the binance coin is just at the inception of the bnb season we are expecting a more price boost up to $1000 before the end of 2021.

Given the rate at which the price of the coin is increasing, the $1000 level can be reached much earlier. To do this, you should wait for the next BNB burning and the announcement of a new IEO on the Binance. Given the new rules for conducting IEO on Binance, the price of the coin may increase by 10-20% after the announcement.

trigger1975

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

How come you have an open position without having a proper exit strategy (stop and take profit)? Nobody can tell you what to do as nobody knows your risk assessment, your strategy, your reasons to open and hold the positions, … Only you know when to exit. But: being greedy instead of taking money off the table is regularly a recipe for losing profits.

Bttzed03

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When it hit $300+ back in February, many people said it's the peak. Well, they're obviously wrong now. Before talking about peak, look at where we are now in this bullmarket cycle. I think it's still too early to say that any coin/token has peaked. For BNB, you still have the quarterly burn and who knows what CZ will announce next. The price will probably breach $600 and drop back to $400+. It will have another consolidation period there before another leg up.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

If you have a decent amount of BNB then it is time to divide your asset into smaller fractions, each being a half of the previous one. Like 50%, 25%, 12.5% - sell them accordingly in the increasing price trend. The safety of this method is that you are not selling away all the 100% of the asset, which keep you room for bigger profits in case the price keeps on increasing. If the price falls you still have a significant amount of your asset in holding and a profit to reap from.

This can be applied to any asset in general and I personally like this approach in many cases. Also BNB has been on the rise for some time and this is defenitely a good time sell some if you have no already. Future events may happen but the bearish movement is always a possibility in which case you would regret not having sold at least some, that is speaking of the worst case scenario.

lienfaye

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

The decision depends on your capability and patience to wait longer.

I believe there's more to look forward with bnb and the price can increase further, however anything unexpected can also happen.

Hold if you can but dont be too greedy so take profit at times since we never know whats ahead.

Eureka_07

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

IMO, as another burning of BNB is coming, I think it will pump even more. Not a financial advice but personally, I think that BNB has a lot more to grow. I would suggest if you guys will hold BNB, then try staking/putting them into launchpad so you will get other shares for staking bnb. It's a good thing to have launchpad/staking opportunities for a coin that you are wanting to hold for long IMO.

electronicash

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most of the cryptocurrencies today are actually at their peak, you can just look at the monthly chart to see for yourself that they are all hitting the level where you can say it's about to go down particularly BTC. we are just busy trading on the 4hour chart because it's where we can see a lot of trading movement still.

many of the long-term investors probably have sold their bags already and just waiting when all these will roll down. but because institutions are adding cryptocurrencies to their list, the market might just keep moving up until it becomes unsustainable.

zanezane

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Quote from: GreatArkansas on April 11, 2021, 11:37:51 PM

I really not expecting BNB will pump hard like this. I once before a BNB holder, lol. Sold it when it was below $50. But it's okay.
It's difficult to identify Binance now, even when it broke before the $100, I thought it's already the peak but look at now, it's already broke $500.

Seems Binance is good for the long term as I read yesterday from CZ (Ceo of Binance) about a lot of acquisitions of Binance will happen this year. Especially we are still in bull run, more room for sure.

Considering what @GreatArkansas is saying, I think that BNB will still grow but the problem is we don't know when so my advice to OP is that you should probably go for it since there is already a proof that BNB can grow higher, nothing to lose when you invest in it since it is growing, it better to have a BNB than none at all.

GreatArkansas

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I really not expecting BNB will pump hard like this. I once before a BNB holder, lol. Sold it when it was below $50. But it's okay.
It's difficult to identify Binance now, even when it broke before the $100, I thought it's already the peak but look at now, it's already broke $500.

Seems Binance is good for the long term as I read yesterday from CZ (Ceo of Binance) about a lot of acquisitions of Binance will happen this year. Especially we are still in bull run, more room for sure.

mk4

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Not sure about it being in the "peak", but it seems to be quite overbought in my opinion. In it's current stage, all it needs is a bit more than 3x and it's going to overtake ETH in terms of marketcap already.

I mean, take a look at it..

If I were to have short/mid/long term investments in this project, and though it could definitely still go a bit higher from here, I'd most definitely take a huge chunk of money off the table now.

Dhoe

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New higher price every day for BNB coin although we see bitcoin have little correction with lower price, maybe this year become dominance for BNB raise above $1,000 and need moment few weeks only. Maximum price for BNB based on my prediction maybe above $1,000 or close with ethereum price, many coin have been bsc network now and make BNB keep raise p every time.

nelson4lov

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Quote from: Mpamaegbu on April 11, 2021, 04:35:36 PM

Going forward, I think the great run of BNB is giving investors an idea that other exchange coins/tokens can also replicate that fit. There's nothing wrong in believing something when it's based on research and I think this is what those who want to invest in exchange coins should do. They should always DYOR, after all it's your money that it's being invested.

Exchange tokens weren't a thing until BNB came along in 2017. While BNB is leading the charge, other exchange tokens like KCS and FTX's FTT has been on a similar path like BNB. From BNB's phenomenal run to the all time high today, it only makes 1 thing more clearer - it's the fact that when there's a solid service or product built around a project, it tends to stand the test of time regardless of what's thrown at it.

Quote from: royalfestus on April 11, 2021, 04:01:14 PM

Binance BNB is exploiting the challenge of the high transaction fee in ethereum to increase the adoption of binance blockchain both in existing projects and new ones, whereby also increasing the DEX with the blockchain as well. Lately more IEO is starting on the exchange demanding a certain amount of BNB holding on the exchange to allow investors participation in the offering on the exchange, hence high purchase and pump of BNB.

CZ is a mastermind. All these projects and services built around Binance and it's associate projects requires BNB for participation and people would buy. Binance chain didn't work and he came up with smart Chain.

Questat

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Quote from: AWMM24 on April 11, 2021, 03:09:27 PM

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

If you are already contented with your profit now, better to sell it. Because if you are a trader, you will never commit a long-term holding. Some will say that BNB will continue to grow, but we never know exactly. If I'm in your situation, I'll be taking the opportunity right now. We can't neglect the dumps to come, make it secured first before it happens besides, we can make a buy again if we would like to do it.

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