Is it safe to invest in BNB now? - page 11.

kidbounty

full member

Activity: 1064

Merit: 101

HELENA

Quote from: matchi2011 on April 30, 2021, 07:36:23 AM

Quote from: gaston castano on April 30, 2021, 12:58:59 AM

Quote from: ?? on ??

if you benefit from BNB with the buy back method, then in my opinion this method is still suitable for you to use because the bull run conditions still persist, but you must always update information about cryptocurrency to quickly take action when the bull run ends.

according to the predictions of many people the bull run will continue into the next year but it is accompanied by each correction for a while and then going up to a higher level.
so it will be safe to buy now even though the price is already very high, even if it goes down it is only briefly and will go up again.

For long term investment BNB is one of those gems that you can keep, there are lots of factors that this coin will grow more,
hypes of BSC brings more investors and developers in the table.

If you have good amount of spare money you can take this coin as your long term asset. Just need to go deeper and analyze
your target, long term goal is probably the best fit for this project.

You're right, BNB is a long term investment. bsc is giving new hype to the crypto market. smart chain is a solution for new projects, because ethereum is no longer a friendly platform. investing in the bnb is the right choice. In the future BNB will become one of the most valuable altcoins. I'm sure this coin will follow in ethereum's footsteps, so it's not impossible if the price is 1000 $ later.

Koro-Sensei

full member

Activity: 658

Merit: 103

I believe it is. There are so many upcoming events happening in BNB right now, example is the launch of their NFT Marketplace. Another one is their buybacks and for sure , it will go up more soon. Just go for long term investment in it and it will surely repay you with good returns.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: gaston castano on April 30, 2021, 12:58:59 AM

Quote from: ?? on ??

if you benefit from BNB with the buy back method, then in my opinion this method is still suitable for you to use because the bull run conditions still persist, but you must always update information about cryptocurrency to quickly take action when the bull run ends.

according to the predictions of many people the bull run will continue into the next year but it is accompanied by each correction for a while and then going up to a higher level.
so it will be safe to buy now even though the price is already very high, even if it goes down it is only briefly and will go up again.

For long term investment BNB is one of those gems that you can keep, there are lots of factors that this coin will grow more,
hypes of BSC brings more investors and developers in the table.

If you have good amount of spare money you can take this coin as your long term asset. Just need to go deeper and analyze
your target, long term goal is probably the best fit for this project.

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

Quote from: ElaineGanda on April 16, 2021, 11:13:53 AM

One of the basic concepts in the stock market/crypto market is to buy at red, sell at green. As we see the market right now, it is in the bull run, so a high percentage of the currency is at green. So for me, investing or buying coins right now is not a wise and good decision since most of them are increasing their price. This is the time for the hodlers not investors, buying coins right now will lead you to either coming back your capital with no profit or worse, losing the money.

Nevertheless, it all depends on what goals you set for yourself. For example, many were selling bitcoin at 25,000, the whole market was green. As a result, the price rose even higher and then even higher and then even higher. Someone was selling at the level of 50,000, the price was green again, but now it costs almost 65,000. Therefore, it is difficult to unambiguously apply your words to the market; you should always look at the situation.

gaston castano

sr. member

Activity: 1526

Merit: 251

Quote from: ?? on ??

if you benefit from BNB with the buy back method, then in my opinion this method is still suitable for you to use because the bull run conditions still persist, but you must always update information about cryptocurrency to quickly take action when the bull run ends.

according to the predictions of many people the bull run will continue into the next year but it is accompanied by each correction for a while and then going up to a higher level.
so it will be safe to buy now even though the price is already very high, even if it goes down it is only briefly and will go up again.

llecrf

jr. member

Activity: 420

Merit: 1

Quote from: ringgo96 on April 29, 2021, 08:31:13 PM

I'm still waiting for the BNB price below 300 $ to get a low price. but now it has made hold purchases for trading. At the current price, long-term investment is still expensive for my calculation because BNB has increased so fast. and we can see BNB correction now. so it's better to be patient to get a lower price. However, most of the people say that currently BNB prices are still relatively cheap

I ever thought so, but have you ever thought that the price didn't go down because the Bullish market was still going on?
I always buy and sell BNB according to the target I want, when Burn coins are done by CZ, the price of BNB quickly goes up and when the price is $600 I have sold it and came back to buy at $500

nicecrypto

member

Activity: 1260

Merit: 21

Quote from: Lizzylove1 on April 29, 2021, 11:38:49 PM

Before investing in any project for long term, just consider the innovation the team bring and the complex problem the project is currently solving short term and long term and the look at their competitor and how scalable they are. BNB is solving the problem ETH is trying to solve, however many say BNB is highly centralized. Until ETH resolve the issue of TPS and drop down fee, BNB may just flip ETH in price.

It might take some time but well on its way. I believe that BNB has always been a good investment but many might not have seen this until this last BOOM back some months ago and I like the quick way BNB recovers from correction any time it happens and probably faster than most alts in that case.

Lizzylove1

member

Activity: 858

Merit: 13

Christ The King

Before investing in any project for long term, just consider the innovation the team bring and the complex problem the project is currently solving short term and long term and the look at their competitor and how scalable they are. BNB is solving the problem ETH is trying to solve, however many say BNB is highly centralized. Until ETH resolve the issue of TPS and drop down fee, BNB may just flip ETH in price.

john1010

hero member

Activity: 2114

Merit: 562

In my point of view, yes BNB today is wide aray of use specially in partnership with Cakeckeswap and other NFT platform. BInance Coin is also a future coin, we will see that it will surpass the current price and it will climb to 1k$ higher this year.

finaleshot2016

legendary

Activity: 1778

Merit: 1009

Modding Service - DM me!

Just go buy at the dip, there's a strong support in 400+ usd, go buy the dip and hodl.

If you have noticed the chart pattern, it's another triangular pattern, might breakout soon.

Check this. https://www.tradingview.com/chart/BNBUSDT/KZnHxGLH-BNB-Break-Out-New-ATH-soon/

ringgo96

sr. member

Activity: 1582

Merit: 279

Vave.com - Crypto Casino

I'm still waiting for the BNB price below 300 $ to get a low price. but now it has made hold purchases for trading. At the current price, long-term investment is still expensive for my calculation because BNB has increased so fast. and we can see BNB correction now. so it's better to be patient to get a lower price. However, most of the people say that currently BNB prices are still relatively cheap

revilo

sr. member

Activity: 543

Merit: 250

Quote from: Ureung jameun on April 26, 2021, 09:51:39 AM

Quote from: Swopon on March 09, 2021, 12:46:38 PM

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

My advice is that if you are trading short term then you better buy it back. because BNB is an altcoin that has a large volume in various markets, so its movement is fairly fast. however if you want to trade long term then you better look for other altcoins that do not have a bigger risk and have the potential to increase in the future.

How does that make sense? You are literally saying that BNB is no good long term investment? BNB is probably among the top three alt coins out there with the highest growth potential. Solid team, solid funding, solid ideas and more.

shogun47

hero member

Activity: 1708

Merit: 553

Play Bitcoin PVP Prediction Game

Is it safe to invest in anything ever? Is it safe to invest in US treasury bonds? What if the whole US economy crashes because of inflation? Was it safe?

Is it safe to invest in gold because gold is also needed for industrial purposes, hence gold demand is driven by demand from the real production economy?

It is never safe in the sense that there is a guaranteed acceptable payout.

blue_nexus15

member

Activity: 532

Merit: 10

█ J A X N E T W O R K █

Quote from: naikturun on April 26, 2021, 11:37:10 AM

bnb will be the same as ETH so in my opinion it is still safe to invest in bnb

The main difference is that CZ burned millions of BNB eager to drive up the price but except for its latest ATH level at $ 630. And go down freely with the gravity of bitcoin. While ETH continues to show steadiness and very strong upside potential in the near future.
Personally, I think, BNB will still run behind current ETH and ETH as a huge magnet, it is attracting all the eyes of the world.

Yes, BNB will be safe but the real return will still lie in ETH.

aTriz

hero member

Activity: 1232

Merit: 683

Tontogether | Save Smart & Win Big

Quote from: Cadaver20 on April 24, 2021, 12:44:01 PM

BNB coin is one of the most potential coin. It is very safe to invest in BNB coin. Currently all coins have a red signal and it is time to buy BNB coin. BNB coin is now < $500. Once the market correction is done, it will pump again and reach a new height.

how are you so sure about that? mate i don't think it is wise to give such financial advices like that. it is world of crypto and we always need to play safe.. BNB has potential but anything can happen. what if it crash again. will you take responsiblity for your statement? will you recover lose of people who buy after your strong and to the point advice?

i just think everyone should play safe and do your own research and take their own risks. crypto is very volatile.

naikturun

sr. member

Activity: 1190

Merit: 267

Undeads.com - P2E Runner Game

it is always safe to buy BNB even though the price will go down but in the long run the price will go up again, yesterday BNB reached at 630 $ when the red market fell to 430 $ and now it has gone up to 532 $
bnb will be the same as ETH so in my opinion it is still safe to invest in bnb

Congyang

full member

Activity: 882

Merit: 110

i follow several signal groups, they say the BNB price is still able to go down due to crypto correction effect. so for BNB investments it would be better to buy BNB when prices are low and wait for high prices. this is very safe for BNB profitable in the future and you can try to get bigger profits.

Ureung jameun

member

Activity: 412

Merit: 13

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: Swopon on March 09, 2021, 12:46:38 PM

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

My advice is that if you are trading short term then you better buy it back. because BNB is an altcoin that has a large volume in various markets, so its movement is fairly fast. however if you want to trade long term then you better look for other altcoins that do not have a bigger risk and have the potential to increase in the future.

Eureka_07

sr. member

Activity: 1764

Merit: 260

Quote from: noormcs5 on April 26, 2021, 09:24:56 AM

Quote from: Kitaiev on April 26, 2021, 08:31:20 AM

I like the bnb coin like many people here but I think that at the present moment it is very much overvalued.
Lately, I often trade on the bnb / busd pair. My strategy is simple sell at 600$ buy at 500$.
Twice I managed to do a full cycle of selling and buying.
For part of the money I buy ecosystem tokens and transfer part to fiat.

If the bitcoin price remain stable and above 53500$, for sure Bnb will hit 600 dollars. The current price of BNB is around 530$. So for every BNB you can earn 60$, when it hits 600$. This is one of the safest investment because there is no chance of BNB to dump significantly.
I am expecting BNB to reach 1000$ in this bull cycle.

I thought before that BNB was overpriced and shouldn't hit $500 or more. But then I realized that it is not. For me BNB, right at this moment is one of the useful coin we can have. I'll invest some % of my income here. Even so, I have the do not expect BNB to reach a thousand dollar this bull cycle. Probably just around 800.
Just my opinion.

triat

sr. member

Activity: 1176

Merit: 282

Quote from: Kitaiev on April 26, 2021, 08:31:20 AM

I like the bnb coin like many people here but I think that at the present moment it is very much overvalued.
Lately, I often trade on the bnb / busd pair. My strategy is simple sell at 600$ buy at 500$.
Twice I managed to do a full cycle of selling and buying.
For part of the money I buy ecosystem tokens and transfer part to fiat.

good strategy. Now I don't think it's a good idea to invest in bnb. the commission in Eth will now do its job and people will start moving back to eth, which in turn will reduce the demand for bnb

Topic: Is it safe to invest in BNB now? - page 11. (Read 8100 times)