Is it safe to invest in BNB now? - page 20.

kevinzxz

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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.

the price of BNB has gone down when BNB touched the price of $315 and now the price of BNB is $268, so my suggestion now is the right time to buy back, because I am sure if the price of BNB will definitely increase very high again and reach the price of $400 (create a new ATH price), so that you will get a big profit from investing in BNB at this time.

TheClownSong

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Quote from: meldrio1 on March 13, 2021, 03:18:50 AM

No.. don't stop just buy BNB again because I believe it can hit $500 price in the future, BNB is a potential altcoin and as you can see it climb up at the 3rd position marketcap. The Binance Smart Chain is popular now so no doubt the price BNB will increase for sure.

With the growing popularity of BSC, I think BNB will become a coin like ethereum in the past where ERC20 is a token that is often used by new projects. At present, many new projects that use BSC and many projects that have been popular have switched to using the BSC network. It's possible that in the near future, the price of BNB will reach $ 500 or even more

meldrio1

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No.. don't stop just buy BNB again because I believe it can hit $500 price in the future, BNB is a potential altcoin and as you can see it climb up at the 3rd position marketcap. The Binance Smart Chain is popular now so no doubt the price BNB will increase for sure.

Swopon

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Quote from: tsaroz on March 12, 2021, 10:19:47 PM

Quote from: Swopon on March 12, 2021, 10:17:18 PM

Now, it is the best time to collect some BNB and very soon it will pump. Now it back to the buy zone and you can rebuy if you sold the last time. If looks perfectly at this moment now and will definitely explode soon. The short term priority is upward. Waiting to see the green market again.

BNB hit it's ATH of over $300 after binance announced new coin in launchpool. And as the launchpool staking is already in progress and binance has been too selective in choosing coins to launch, I guess people would focus on the new coin rather than collecting more BNB. BNB is still very high and would require a correction to be in a safe buy range.

BNB has that potential to be very high as CZ is still alive. His last tweet indicates something new will be coming. I will add that tweet link below. It is true that BNB pumped due to their launchpool staking. As we also habituated to see the crypto market is influenced by the investors and big giants.

Tweet link- https://twitter.com/cz_binance/status/1370240595982049284?s=19

tsaroz

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Quote from: Swopon on March 12, 2021, 10:17:18 PM

Now, it is the best time to collect some BNB and very soon it will pump. Now it back to the buy zone and you can rebuy if you sold the last time. If looks perfectly at this moment now and will definitely explode soon. The short term priority is upward. Waiting to see the green market again.

BNB hit it's ATH of over $300 after binance announced new coin in launchpool. And as the launchpool staking is already in progress and binance has been too selective in choosing coins to launch, I guess people would focus on the new coin rather than collecting more BNB. BNB is still very high and would require a correction to be in a safe buy range.

Swopon

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Now, it is the best time to collect some BNB and very soon it will pump. Now it back to the buy zone and you can rebuy if you sold the last time. If looks perfectly at this moment now and will definitely explode soon. The short term priority is upward. Waiting to see the green market again. People are saying it is overpriced now at around $300 and it was said at around $20-$25 too.

aioc

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Always safe, always profitable if Binance is not safe then the majority of the coins in the market with the exception of Bitcoin and Ethereum is not safe, there's always liquidity and you can find it in the majority of the exchange, but that doesn't mean that you are going to sell your house and invest all of it in Binance, you also have to think twice before doing it, the market is very volatile, you can lock your investment for a long time if the bear market comes in.

seleme

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Quote from: fortune1002 on March 12, 2021, 06:40:19 AM

In my opinion it's not correct time to buy BNB because it's already pumped. So the price can be decrease and reach at 200-250$. I suggest you to invest in any other coin/token.

BNB is one of the best altcoins and l think it is safe to invest in BNB, as you mentioned BNB price has started pumping. No doubt BNB deserves more than the current price and it will change in the near future. For me BNB is the best for long-term investing, I'm interested to invest in top altcoins, and no exaggeration to say that BNB is the coin that has more potential to be the best in the future. As you above said investing in any coin at a low price and wait for price increases is the best idea. However l can not be sure that BNB can decrease nowadays, we should wait and analyze what will happen.

Rexler

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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.

Atleast you have made profit by selling your bnb holdings, bnb is still trading below $300 there's a chance it might be able to reach that price again but nobody can say when that will happen, before thinking of buying bnb again ask yourself if you think the bull run will still continue cuz if the bull eventually stops soon the price of bnb will surely fall, maybe by then you would get some cheap bnb's, I don't think it's wise to reinvest in it again becuz you might end up losing the profits you have already made from the first investment.

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Quote from: DU18 on March 12, 2021, 04:03:57 PM

Quote from: fortune1002 on March 12, 2021, 06:40:19 AM

In my opinion it's not correct time to buy BNB because it's already pumped. So the price can be decrease and reach at 200-250$. I suggest you to invest in any other coin/token.

In recent days many altcoins have experienced a decline in market prices including BNB altcoins, now the BNB price of $ 259 has fallen by almost 12% from the previous price of $ 293 and of course this is a good opportunity to buy BNB because indeed BNB still has a fairly positive trend in the market so most likely the BNB price will go up again. Currently, BNB is very suitable for us to make it as a short-term trading asset to get profit on a regular basis.

Doubts and anxiety would really be your main opponent when it comes to these kind of times where you dont know if the price would really decrease even more.

Somehow if Binance would able to retain its position or popularity in the market specially that Smart chain would even more progress and does really get some serious recognition

then we can really expect for its price to rise up even more.When we do talk about safe then nothing on this crypto market could ever give that kind of guarantee.

DU18

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Quote from: fortune1002 on March 12, 2021, 06:40:19 AM

In my opinion it's not correct time to buy BNB because it's already pumped. So the price can be decrease and reach at 200-250$. I suggest you to invest in any other coin/token.

In recent days many altcoins have experienced a decline in market prices including BNB altcoins, now the BNB price of $ 259 has fallen by almost 12% from the previous price of $ 293 and of course this is a good opportunity to buy BNB because indeed BNB still has a fairly positive trend in the market so most likely the BNB price will go up again. Currently, BNB is very suitable for us to make it as a short-term trading asset to get profit on a regular basis.

coinswebid

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safe ? mate, if you want to be a good investors you need to know about how to manage the risk,
because investment isn't safe buddy, especially in cryptocurrency
but if you believe with BNB, you can buy and hold this coin

Slow death

legendary

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as long as the bitcoin price does not break the resistance that is at $58000 you should be careful when investing in bnb because if the bitcoin price cannot break this resistance that is at $58000 it will fall and will drag bnb and other altcoinn together to a big price drop. so it would be wiser to expect the bitcoin price to break $58000 and then buy bnb...look at what happened in the last few days that you will understand what i'm talking about

bitcon

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I see BNB as a very profitable investment. I think that with such strong support as from the largest reliable exchange Binance, the coin is doomed to success. I started watching it from the first movements in the ranking and see how actively BNB is adding value. I would advise buying BNB whenever possible. Now, most coins are rapidly breaking up, BNB is also not lagging behind the rest.

We again see the coin in third place. I even think very soon the BNB coin will exceed its current ATH.

ahmia39

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Quote from: ?? on ??

I suggest that you wait for the next correction and retracement then buy the dip on that moment because if you will buy BNB today is I think not a good idea especially that its moving uptrend however the best way you to do is to make your own researching/technical analysis so you will not regret afterwards.

Yes, and for BNB tokens I don't think there is any need to do repeated research and a lot of analysis, because it has been proven that BNB is a good token and its use has started a lot, which can also have a good effect on BNB and This can also be proven by the existing BNB rating in a good position at this time.

fortune1002

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In my opinion it's not correct time to buy BNB because it's already pumped. So the price can be decrease and reach at 200-250$. I suggest you to invest in any other coin/token.

Farma

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Quote from: shoreno on March 11, 2021, 09:20:45 PM

i think the title shouldnt be " is it safe to invest in bnb now " but it should be " will i still be profit if i invest in bnb by these days " because you might not get a profit when you buy bnb these days because it will probably decrease due to a correction but it can soon return because bnb was a safe coin and we shouldnt question this . im not in a way of shilling this coin but im just saying what i think of this coin because it was backed by binance .

Well, in terms of security, I think BNB is currently one of the coins with the least risk in security issues. other than that, I might also choose BNB over other coins besides ethereum. however, since the CEO of Binance was responsible for the hacking of Binance, at that time I believed that everything Binance was concerned with was trusted.

shoreno

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i think the title shouldnt be " is it safe to invest in bnb now " but it should be " will i still be profit if i invest in bnb by these days " because you might not get a profit when you buy bnb these days because it will probably decrease due to a correction but it can soon return because bnb was a safe coin and we shouldnt question this . im not in a way of shilling this coin but im just saying what i think of this coin because it was backed by binance .

coin-investor

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Quote from: ?? on ??

There is no safe investment, all of them still have their respective risks that you have to face, but you have to be brave enough to fight those risks because if you look at the BNB price movement from the very beginning until now it can have a value of $300 showing that the Binance platform product has a development that is very impressive. good and of course if used as a long-term investment can provide a lot of profit.

You mean safely to invest and you will not lose your investment? of course Binance Coin is a safe coin to invest in, they are the leading exchange in the industry, they have their own chain, and they have a very active and charismatic leader why doubt, they are now in the third position, soon they will reach $1000 hopefully this year.

Questat

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None in crypto investment is safe, but all at risk. However, it is a need for us to face it and challenge ourselves, we can't win over this risk if we don't have faith, and choosing the best coin among the hundreds of them is the only way to make it right. That, choosing BNB is an example. But it is a thing to remember that not all the time we are in profit, BNB coins can't be all the time in the uptrend motion, buying them at a low price is the best time to make an entry, not during its peak.

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