Is it safe to invest in BNB now? - page 12.

noormcs5

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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.

amihada

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everyone likes BNB coins including me even though the price of BNB COIN is on the rise but I still buy BNB coins because I am sure the price of BNB will definitely be more expensive in the future and I think BNB coins are very good to be stored for a long time.

Kitaiev

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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.

Midy

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Just apply the same way you have ever done to collect profits from investing in BNB, but looking at the dumping market conditions, I am afraid that later you will not make a profit but vice versa, because the last few days traders panicked selling rather than buying.

H1N1

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Quote from: tobi4255 on April 24, 2021, 12:50:48 PM

Nothing is safe for invest. You can minimize the risk to analysis the project and use case of coin.
Invest in BNB now not a bad idea if you are planning to hold it for long time

Yeah, there is always risk when investing on something, usually the bigger the risk, the bigger the gain.
BNB is a good coin, the coin is getting burned every quarter which can make the coin price more valuable.
I would say it is safe to hold BNB coin for long time because the supply of the coin will be reduced with the burns over time.

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This is still a safe point for BNB to buy, you can enter at a price of less than $ 700, which I can really assure you in the future, at least in less than 12 months the price of this BNB has the potential to touch $ 1000. BNB use cases are increasing and people are increasingly interested in using the BSC network. This increasing demand makes the BSC network fatter, which indirectly means that the current ETH network is still relatively weak to fight against BSC.

We all know that ETH and BNB are almost similar platforms to use, but have very different policies. You will find Binance burning coins which will cause the total supply to decrease, which is a moment like this that you will not find on Ethereum.

Come on to be realistic

tobi4255

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Nothing is safe for invest. You can minimize the risk to analysis the project and use case of coin.
Invest in BNB now not a bad idea if you are planning to hold it for long time

Cadaver20

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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.

Iceblast

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Over the last month I have invested in BNB and it's amazing that I made a profit of 30% on my purchase price. In addition, low fees are an advantage of BNB. Now there is no need to doubt that BNB is one of the best coins and is worth investing in

onecall123

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Quote from: Swopon on April 24, 2021, 11:25:01 AM

When BNB was at $20, people said it was overpriced and now it is traded at $500+ and people are saying it is overpriced. So, the demand makes it more powerful and getting strong position day by day.

It's unfortunate that I'm studying this coin lately, I can remember I noticed BNB under $10 but due to my financial crisis could manage to purchase. Lately, but I bite on BNB 1 month previous around $300 each. Keep reporting overpriced which is obvious some people attitude towards the market and we can't change it.

Quote from: Swopon on April 24, 2021, 11:25:01 AM

I am thinking something strange which means if Btc again touch news ATH or it cross $55k+ then BNB will make another history as I believe it. The rest will be decided by the market value and demand.

Right. Presently, because of the volatility in the market BNB price has been in dip however the circumstance could change whenever BTC market back into the game.

Swopon

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Quote from: Sithara007 on April 20, 2021, 11:38:36 PM

Quote from: Swopon on April 20, 2021, 11:23:22 PM

Quote from: Swopon on April 20, 2021, 01:22:26 PM

Today, BNB is slowly recovering. Just need a push for BITCOIN then it will also go to up again. Btc is retesting, we may expect a pump soon.

Like I said yesterday, if Bitcoin price gets some push, BNB will show it's power again. And it is already done by it. Currently, BNB is traded at $581. Don't need to think it is overpriced. Think about its nature. I think it is still in a dip though the price is high now. I will keep updating it after next pump.

At current levels, BNB do looks overpriced. How can you justify it's current market cap of $90 billion, when Coinbase is having a valuation of $64 billion? Binance may be having a larger number of active users and trade volume, but Coinbase is having a larger share of users from the North American market. Either BNB is overpriced, or Coinbase is undervalued. At this point, I don't think that it will be a good idea to make investment with BNB.

When BNB was at $20, people said it was overpriced and now it is traded at $500+ and people are saying it is overpriced. So, the demand makes it more powerful and getting strong position day by day. I already mentioned those in previous messages in this tread.

I am thinking something strange which means if Btc again touch news ATH or it cross $55k+ then BNB will make another history as I believe it. The rest will be decided by the market value and demand. In this time, BNB is also fighting wherever other altcoins are getting down.

Alohadanc3

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For last few months bnb price achived many milestones. So price is very high from where it was in 3-4 months ago. But bnb as a project is really good. If you go for long-term investment then you can invest in bnb. I can give profit in short term investment. I always had of bnb for long term. And it's kind of good investment for me.

imran101

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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.

Your mistake was a big mistake. But now it is better not to invest in bnb in the current situation. Because its price is now at the highest level. You can buy again at any time when the market situation is bad and its price will definitely come down a lot

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Quote from: awakpane on April 23, 2021, 10:46:26 AM

In my opinion, it is very profitable if you re-invest in BNB, even now the price movement of BNB is very significant where the price of BNB is experiencing a new ATH. I am sure that the price of BNB will continue to increase, therefore it is better for you to buy BNB again, even though it is a little late, but believe that the BNB price will go up again and print new ATH.

BNB coin is one of the best currencies and it is an absolutely good choice for earning money in the future. As you mentioned no doubt BNB will start increasing again in the near future. You can see that people are more interested in BNB investing. Overall top altcoins are great for long-term investing, which means if you can be enough patient you can earn from BNB. Since the beginning of this year, BNB has also made the best result like other currencies. It seems BNB is better than ETH nowadays, due to the high transaction fee of ETH people prefer investing in BNB.

MadeMen

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The cryptocurrency industry is basically risky and one could earn from the industry by taking risks. Bnb has experienced a substantial increase in value, but that doesn't mean that it won't continue on the uptrend. The bull run is still around the corner and with the commitment and continuous development of binance project, the value of bnb would still increase in value.

geegaw

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Quote from: daenarys_stormborn on April 21, 2021, 12:59:39 PM

BNB is a very good coin for long and short term investments, because of its advantage, namely cheap gas fees, the more people are moving from ETH to BNB, therefore BNB still has high potential to continue to rise.

Competitive cost is indeed a bright spot but I look further into the value of the team, their rules are always very simple, always as optimal as possible and create activities for users to participate, no denying it is sometimes just a trend and an exaggeration but still appreciate this strong interaction when quite a lot of people in the community are still very happy and making money, commercial value and advertising are located here. However, in order to best invest in BNB, capitalizing on bitcoin's weaknesses and changes, they will allow us to accumulate more BNB than we expected.

awakpane

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In my opinion, it is very profitable if you re-invest in BNB, even now the price movement of BNB is very significant where the price of BNB is experiencing a new ATH. I am sure that the price of BNB will continue to increase, therefore it is better for you to buy BNB again, even though it is a little late, but believe that the BNB price will go up again and print new ATH.

agustina2

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BNB at its current price is a good entry level. But if you are willing to wait for more dip, then up to you.

BNB is projected to reached a $1,000 this year. There are lots of reasons to believed on that. Binance is getting more attention right now and it's growing day by day. What are you waiting for? Put BNB on your portfolio and you won't regret.

Dexion

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Quote from: Finestream on April 10, 2021, 05:32:17 PM

BNB's potential is so high, it will beat ETH soon, no one sees it coming and now everyone could be riding with the BNB hype. Probably there will be a correction to come, but it will not stopped the success of BNB in the long run.

The competition between BNB and ETH is getting tighter, now the BNB hype has spread and lured investors to turn to ETH, unexpected start with BNB suddenly pumping this high, if ETH is still slow to deal with its transaction costs, the threat from BNB will be more real.

daenarys_stormborn

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BNB is a very good coin for long and short term investments, because of its advantage, namely cheap gas fees, the more people are moving from ETH to BNB, therefore BNB still has high potential to continue to rise.

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