Is BNB is at it's peak price? - page 6.

Fivestar4everMVP

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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?

Binance coin is a very good and solid coin to hold mate, I personally regret selling off my bnb holdings too early cus I never expected it to be where it is today, even at 500$ per bnb coin, I still have this feeling that sooner or later, BNB will cross 1000$ per coin, alot of factors will contribute to this, like for example, the buy back and burn that happens every quarter of the year is a mechanism which in the long run will drastically reduce the total and circulating supply of bnb which will in turn create scarcity and more demand, which will result to higher value for the coin.
And also, Ethereum has refused or rather, is too slow to finding solutions to the high transaction costs on their network which several people have been complaining about for over a year now, if they continue to remain like this, more project will move to binance chain there by create more demand and higher value for the coin.
If I have bnb, I will be holding them until 1000$ and above.

ice098

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Quote from: HanaTenun on April 23, 2021, 03:58:17 PM

It depends on your patience, are you still able or not to wait for the pump?
I assume that if BNB will continue to go up to make its new ATH and it will be more than $ 500, I am sure that BNB will break through $ 2000 before the end of the year. because BNB has a burn coin feature that will make BNB supply limited when it is stable or even rising, burn coin has the potential to push the price of BNB to keep going up.

In my own opinion it is worth it to hold Binance and have a patience yo wait for another ATH because I assume that it will continue to pump its market price and now it was more than $500, well it is $597 to be exact. For so many altcoins presented today, to be honest there are a lot of good altcoins and are worth it to invest too but having Binance is somewhat like having Ethereum. Well of course Binance was next on the line to Ethereum when it comes to altcoins hierarchy of most valuable altcoins right.

LUCKMCFLY

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Quote from: CaVO32 on April 28, 2021, 04:09:26 PM

Quote from: LUCKMCFLY on April 28, 2021, 03:58:20 PM

At the moment it has a triangle chart, it is possible that if the price of Bitcoin continues to rise we can see an eventual laterality of BNB, but the bearish are acting stealthily, it may be that due to the high demand for BNB it has not fallen As the other altcoins did, as the RSI is in positive territory, a price hike is very likely:
-

Quote

A breakout and close above the triangle will indicate that demand exceeds supply, and that could result in the start of the next leg of the uptrend, which could reach $808.57.

Source: https://cointelegraph.com/news/price-analysis-4-28-btc-eth-bnb-xrp-ada-doge-dot-uni-ltc-bch?_ga=2.53070382.708585949.1619490222-1822102485.1580788659

It is very likely that the price of BNB of a bullish turn and put in a new ATH, if things continue like this it will be one of the most traded currencies in the market.

From the time the OP posted this thread, which BNB was in $500 level, BNB already surpassed this level few times as it has roller-coaster ride also, which follows btc trend. And in my opinion also, if btc will continue to rise and so top alts like BNB. So the $500 is not the peak for BNB, it will be a lot more. Wonder if the OP cash out his coins?
Also, the usage of BSC network is growing because they are offering cheaper fees. So yes, BNB may emerge as one of the most traded cryptocurrencies in the market. Maybe even small to medium exchanges will list BNB for this to be available to more crypto users.

If here it is shown that every opportunity in the market and in the Crypto world is well taken advantage of with the BSC network, BNB is having a suitable moment for investment, if those who are Hodler of BNB and decide to buy much more would be making a smart investment and I think it can be short to medium term. For my BNB it will reach almost 600usd if Bitcoin reaches $ 100k this year. What really helps BNB is the acceptance by many players in casinos and BNB is having a lot of demand from betting houses, also for the rates that attract the most, all these advantages that BNB offers is what which is making it emerge even much more than some altcoins that have been on the market longer.

ecnalubma

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BNB is strong, getting it at these prices is a big deal. The growing demand of BSC is a good signal that it might grow significantly and it’s gaining popularity. There are good events coming on its way thats why I always keep track of those events for they could be the catalyst to hit a $1k mark.

CaVO32

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Quote from: LUCKMCFLY on April 28, 2021, 03:58:20 PM

At the moment it has a triangle chart, it is possible that if the price of Bitcoin continues to rise we can see an eventual laterality of BNB, but the bearish are acting stealthily, it may be that due to the high demand for BNB it has not fallen As the other altcoins did, as the RSI is in positive territory, a price hike is very likely:
-

Quote

A breakout and close above the triangle will indicate that demand exceeds supply, and that could result in the start of the next leg of the uptrend, which could reach $808.57.

Source: https://cointelegraph.com/news/price-analysis-4-28-btc-eth-bnb-xrp-ada-doge-dot-uni-ltc-bch?_ga=2.53070382.708585949.1619490222-1822102485.1580788659

It is very likely that the price of BNB of a bullish turn and put in a new ATH, if things continue like this it will be one of the most traded currencies in the market.

From the time the OP posted this thread, which BNB was in $500 level, BNB already surpassed this level few times as it has roller-coaster ride also, which follows btc trend. And in my opinion also, if btc will continue to rise and so top alts like BNB. So the $500 is not the peak for BNB, it will be a lot more. Wonder if the OP cash out his coins?
Also, the usage of BSC network is growing because they are offering cheaper fees. So yes, BNB may emerge as one of the most traded cryptocurrencies in the market. Maybe even small to medium exchanges will list BNB for this to be available to more crypto users.

LUCKMCFLY

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At the moment it has a triangle chart, it is possible that if the price of Bitcoin continues to rise we can see an eventual laterality of BNB, but the bearish are acting stealthily, it may be that due to the high demand for BNB it has not fallen As the other altcoins did, as the RSI is in positive territory, a price hike is very likely:

Quote

A breakout and close above the triangle will indicate that demand exceeds supply, and that could result in the start of the next leg of the uptrend, which could reach $808.57.

Source: https://cointelegraph.com/news/price-analysis-4-28-btc-eth-bnb-xrp-ada-doge-dot-uni-ltc-bch?_ga=2.53070382.708585949.1619490222-1822102485.1580788659

It is very likely that the price of BNB of a bullish turn and put in a new ATH, if things continue like this it will be one of the most traded currencies in the market.

Dump3er

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Quote from: HanaTenun on April 23, 2021, 03:58:17 PM

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?

It depends on your patience, are you still able or not to wait for the pump?
I assume that if BNB will continue to go up to make its new ATH and it will be more than $ 500, I am sure that BNB will break through $ 2000 before the end of the year. because BNB has a burn coin feature that will make BNB supply limited when it is stable or even rising, burn coin has the potential to push the price of BNB to keep going up.

Profitability for BNB is outstanding and due to the buyback programs most likely a very attractive investment. The business model of exchanges is always attractive as they don't care whether there is a hype or a crash, trades will keep trading regardless and pay their trading fees.

Exchanges love volatility and this market will remain volatile for a long time and perhaps forever because new coins will always come and be traded.

HanaTenun

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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?

It depends on your patience, are you still able or not to wait for the pump?
I assume that if BNB will continue to go up to make its new ATH and it will be more than $ 500, I am sure that BNB will break through $ 2000 before the end of the year. because BNB has a burn coin feature that will make BNB supply limited when it is stable or even rising, burn coin has the potential to push the price of BNB to keep going up.

Stedsm

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BNB and ETH both have equally managed to bypass the drop impact BTC had on every single coin out there, and both have significantly maintained and held their support areas and are moving upwards. I believe that the buying power (money) is now being shifted from BTC to ETH and BNB, and it looks like it's just the beginning for BNB while ETH is already high. I hope to see BNB making new highs and crossing ETH to become number 2 coin according to marketcap.

LUCKMCFLY

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Today the BNB market has been very exciting, it had a big drop to almost 479USD, but the bulls have been buying on the drop, it is normal but compared to many more altcoins BNB has managed to maintain a drop but not that strong, I think it is Due to the amount of negotiations that it has in bookmakers and casinos, this helps a lot to give movement to the currency and if there is a market drop like the one now, this movement or demand has constituted that it is maintained without suffering much from falls.

Quote

If they can thrust the price above $638.56, the BNB/USDT pair may start the next leg of the uptrend, which could reach $832.

Source: https://cointelegraph.com/news/price-analysis-4-23-btc-eth-bnb-xrp-doge-ada-dot-uni-ltc-bch

Papsie

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Definitely no, bnb can actually reach over 2000 usd before the end of 2021. If you will make some readings about bnb, there's a lot of activities on going and their plans for the future will really contribute to the bnb market price. Also some existing projects will be at binance market in the next few months.

bayudndy

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I think that with its current position and potentials, BNB will completely be able to cross the $1000 mark in the near future if in the market.

Samurai trieng

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Indeed, in the last few days the price of Binance has decreased slightly, but that does not mean that Binance will fall further, if you look at market developments, Binance will reach $ 1000 by the end of this year, and of course $ 630 is not the peak price of BNB, I think this decline is a good opportunity to buy BNB,

SaShiRaJaVu

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Quote from: kotajikikox on April 22, 2021, 07:10:01 AM

Binance was just started mate , actually it climbs up to more than 600$ but that was not the end of the peak because there are too many things that might happen sooner.

There is a Burning of coin that will surely boost this coin to the top and may reach at least more than 1000$ and may take the position of Ethereum sooner.

Create a clone coin and then pre mine millions of coins and hold the coins in your team wallet and then burn those coins and expect the market would bite on that and start purchasing them in big numbers. It is a good strategy and the Binance team does know how to market their product and attract investors.
I am not predicted the valuation, would like to see what happens during a correction and how deep it will correct..

kotajikikox

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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?

Binance was just started mate , actually it climbs up to more than 600$ but that was not the end of the peak because there are too many things that might happen sooner.

There is a Burning of coin that will surely boost this coin to the top and may reach at least more than 1000$ and may take the position of Ethereum sooner.

AliMan

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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 badly need for a physical money, don't dump them all. Only sell what you needed to spend for the rest of your needed amount, just choose to dump 25% of that total holdings. Avoid taking all the whole quantity, because we don't know bnb soon will reach until $1k or even higher up to $2k in the future.
It's very important to have long term holdings so we won't regret when that day comes.

Evgenklm

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Recently, CZ told everyone that it would burn all the savings of the BNB team, the coin quickly reacted to this news with growth, now it has gone to a small correction, but I know for sure and am convinced that the coin will reach new heights of its price.

ChaoChibai

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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?

This time it will quite risky to do day by day trading because market trend is not in good condition. also the correction of bitcoin will affect altcoins. for now you can keep your investment until the price has increasing. I believe its not a peak price yet for BNB.

Botnake

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Quote from: Quidat on April 21, 2021, 05:19:13 PM

Quote from: Cengghengmania21 on April 21, 2021, 02:28:17 PM

BNB is a coin that has a good rating on every exchange, so you have nothing to lose if you hold or sell this coin directly. but if you want to hold back for the long term, go ahead. because this coin has good prospects in the future. but this is just my usual advice

BNB is the 3rd rank on the entire cap which is no doubt that its one of the best coins in the current market as of today and in terms of long term aspects then
it isnt really bad to presume out that this one could really go for long term and if you decide to hodl then its your choice and as long Binance do able to
retain its reputation and popularity then i wont see for this coin to dump anytime soon.Talking about the peak price then we can tell because isnt only BNB
is experiencing some decreasing price atm but most coins in the market as well.

There's no peak in bull run, once the bull run stop, that's the only time that the price has already peak. Next target is $1000, which I don't think hard to achieve since BNB does not have billions of supply and they have their burning of coin in their schedule, so that's really an attractive one. Just ride with it with caution, as to limit, don't think about it, once we are at $1000, we will expect a new increase.

Quidat

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Quote from: Cengghengmania21 on April 21, 2021, 02:28:17 PM

BNB is a coin that has a good rating on every exchange, so you have nothing to lose if you hold or sell this coin directly. but if you want to hold back for the long term, go ahead. because this coin has good prospects in the future. but this is just my usual advice

BNB is the 3rd rank on the entire cap which is no doubt that its one of the best coins in the current market as of today and in terms of long term aspects then
it isnt really bad to presume out that this one could really go for long term and if you decide to hodl then its your choice and as long Binance do able to
retain its reputation and popularity then i wont see for this coin to dump anytime soon.Talking about the peak price then we can tell because isnt only BNB
is experiencing some decreasing price atm but most coins in the market as well.

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