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Topic: Is it safe to invest in BNB now? - page 21. (Read 8078 times)

full member
Activity: 490
Merit: 107
March 11, 2021, 06:31:33 PM
#89
Its safe to invest, but my suggestion is try to spare of your investation to another coin too.
But if you are really into BNB, try to leftover some of your FIAT to buyback BNB incase of the market dump happens.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
March 11, 2021, 06:22:54 PM
#88
too risky if you want to invest BNB now the last price is BNB 300 $ but if you are ready to accept the risk and hope your analysis is correct why don't you buy back when BNB has decreased the price of 5% - 10%,
good luck friends
full member
Activity: 1330
Merit: 147
March 11, 2021, 06:22:20 PM
#87
You can still buy the BNB coin, I guess this is a good altcoin so far. As you can see when bitcoin price up we will always see altcoin dump but it doesn't happen in BNB coin. This coin still increase even its price just passed $300 as a strong resistence, you are right $300 is a strong resistence.

So, I sugges if you will buy this coin you can wait for its price broke the $300 barrier and make it as a strong support, you can buy there. That is my suggestion, you can follow it or you may have to make your own analyst. I also a BNB investor and I still hold it until now, although it has given me a profit but I still hold because my traget price hasn't been reached.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
March 11, 2021, 06:14:02 PM
#86
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.
I guess you have already made profits riding the first wave of bnb pump, do you think it's good to go back and invest in that same coin? Well I don't think do, bnb is still pumping at the moment it might break the recent all time high, but I don't think it will be wise for you to go back to reinvest in it, cause the bull run might just stop anytime, are you sure you can deal with the losses if bnb starts dumping because we can't deny that bnb has pump way too much.
sr. member
Activity: 910
Merit: 253
Hodlers Network
March 11, 2021, 05:29:45 PM
#85
I am in support of BNB,Not for that it is my favorite but BNB have extraordinary group and stage like Binancewhich is as of now reliable trade in cryptoworld.I feel exceptionally secure to have BNB. Be that as it may, looking at your exchange history, I think it's superior to hold up for the BNB cost small bit down. in any case, the potential for BNB to rise is colossal, but I think buying it at the current cost carries a huge hazard.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
March 11, 2021, 03:40:49 PM
#84
Now BNB price is around $300. I think bnb price can increase more. Some good project start creating token on bnb platform. I think, It’s will increase lot of demand. And as a result we will see bnb in high price.
BNB has promising prospects in the future, especially now that the BSC platform developed by Binance is starting to attract a lot of enthusiasts, especially for crypto projects which have been complaining about expensive transaction fees on the eth platform, by making BNB a transaction fee on the BSC platform, of course. will trigger an increase in demand for BNB coins in the market and will automatically make BNB prices even higher later, in my opinion if Binance continues to be able to maintain the positive trend that is happening today, it is possible that mid-2021 the market price of BNB will break through $500.
copper member
Activity: 700
Merit: 120
Gamdom
March 11, 2021, 01:21:59 PM
#83
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.

Following your gut is a good way but another effective way to look for the opportunity on when to buy is to look for an influencer that can keep you updated with all the news that might revolve around BNB. Its true that BNB can still be bullish but nobody knows that and everybody is just watching the chart. You can also just try buying BNB and letting it HODL for a while and if you find it profitable, you can try trading it for small profits.
Yes BNB looks still bullish and it keeps printing profits. Moreover, it pumped and takes hold above the $290 resistance. Now trying to buy back for updating my bags to see  new ATH soon. BNB is now in hype for CZ and Binance. Maybe none can break it's move. Still hoping best from BNB.
hero member
Activity: 2828
Merit: 611
March 11, 2021, 12:59:11 PM
#82
the possibility could indeed happen. but there are other possibilities as well. it could be that BNB would actually strengthen if the popularity and adoption of the BSC increased. even though bitcoin is in decline we have seen how BNB still gets its pump moment like last 2019.
I do agree that there is a big chance that BNB could go higher, that seems like the biggest possibility right now, and I think it would be something to really behold because BNB is doing better than ETH during this defi craze, it has gone up a lot, nearly 10x already in the recent few months, so it is not going up any faster and giving a break but I am 100% sure that we are going to end up with a lot more profit later on, think about it this way if there are 10x more bnb spent on BSC, shouldn't that mean there is also a bigger increase for BNB itself as well?

That is what we are going to see for sure, that is what we will live very soon because defi craze is not stopping any time soon and everyday people are spending millions of dollars on defi again and again, and interestingly they do not get out neither, with the money they make they respond it on other things.
copper member
Activity: 700
Merit: 120
Gamdom
March 11, 2021, 12:51:54 PM
#81
So I need some suggestions whether I go for buying it again or should I stop here.
I think you should listen to what your heart says. Because no one knows what will happen in the future. However, I think if you buy BNB now, you will not get the same profit as before. Because the price of BNB coins has already increased 4-5 times. I don't think it will increase more than that. You can invest half of your profits if you want.
Neither I am a long term holder nor I have big amount of funds. I have overall $2000 funds for trading usually. Basically I am a day trader. That's why I choose to those coins or tokens which will be up soon if my strategy will not prove as wrong. It is now enjoyable moment for me that I already gained Profit again when it touched $310 and now again trying to buy back. Hopefully this time I will be gainer again. BNB looks so bullish till now.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
March 11, 2021, 12:42:14 PM
#80
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.

Following your gut is a good way but another effective way to look for the opportunity on when to buy is to look for an influencer that can keep you updated with all the news that might revolve around BNB. Its true that BNB can still be bullish but nobody knows that and everybody is just watching the chart. You can also just try buying BNB and letting it HODL for a while and if you find it profitable, you can try trading it for small profits.
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
March 11, 2021, 11:27:06 AM
#79
Now BNB price is around $300. I think bnb price can increase more. Some good project start creating token on bnb platform. I think, It’s will increase lot of demand. And as a result we will see bnb in high price.
member
Activity: 658
Merit: 10
March 11, 2021, 11:02:48 AM
#78
YEAH, it's a BIG YES !
It's very very safe to invest in BNB for now, BNB is very stable and the price of BNB keep increasing, even there's a short correction, BNB always keep its value stable and go sideways, i think BNB will reach $400+ in the end of this month.
hero member
Activity: 1652
Merit: 772
Take a look at my merits, It's lucky number
March 11, 2021, 09:23:34 AM
#77
Now BNB is Pumping, it doesn't mean it's not a good time to buy BNB now, a lot of news just keeps coming, such as Changpeng Zhao's announcement later and also burning bnb every quarter.


BNB has also announced that it will change its centralized node system to decentralized, I think it is not impossible that the price of BNB in ​​the future will be the same as the current Ethereum (ETH) price
copper member
Activity: 1428
Merit: 253
March 11, 2021, 08:50:24 AM
#76
BNB is still good to invest for long term now. But, I think you should wait a little longer to buy BNB. Bitcoin could still dump for this moment, even BTCD is above 60. I don't recommend you invest now.
I think you are right because you still have to wait or be a little patient to buy bnb because there is a chance that its price will fall when the price of bitcoin falls it is better to just set an order with the exchanger so that in case the price of bnb goes down it will not you have to panic to buy.
the possibility could indeed happen. but there are other possibilities as well. it could be that BNB would actually strengthen if the popularity and adoption of the BSC increased. even though bitcoin is in decline we have seen how BNB still gets its pump moment like last 2019.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
March 11, 2021, 07:24:03 AM
#75
With you buying back then basically you will be safe to continue but yes, in the near future I'm also not sure BNB will be able to break that resistance so taking a break or looking for other coins might be the right choice. But, if you would be okay to hold on for longer I don't think it was the wrong choice, because with the developments taking place at BNB I'm pretty sure it will still be fine if we hold on for longer.
sr. member
Activity: 658
Merit: 250
March 11, 2021, 07:14:22 AM
#74
So I need some suggestions whether I go for buying it again or should I stop here.
I think you should listen to what your heart says. Because no one knows what will happen in the future. However, I think if you buy BNB now, you will not get the same profit as before. Because the price of BNB coins has already increased 4-5 times. I don't think it will increase more than that. You can invest half of your profits if you want.

Regardless of having no assurance about the future, always refer what situation does bitcoin had been through today. Nobody expected that $50k per btc becomes reality, so as binance ride with the trending popularity it's always have the potential to compete with several coins. Track records of 4-5 time is a good signs of progress.
full member
Activity: 854
Merit: 100
March 11, 2021, 06:21:31 AM
#73
Of course BNB is the safest one instead of eth and btc. BNB is one of my favorite and i will keep HODL my BNB, i've been hodl this coin since the end of 2020 and untill now i still keep buying BNB and don't even think to sell it in the near future maybe gonna hodl this coin for more than 3 years.
hero member
Activity: 2590
Merit: 644
March 11, 2021, 06:04:43 AM
#72
At this point in time Binance is too expensive to invest in. although fundamentally many people are interested in investing. but in the current momentum,
 I don't think it's the right decision for us to buy BNB in large amounts to invest. unless you are used to trading and later can get profits in a fast way. If you still want to invest, do it regularly to get the lowest price

BNB will not only be good for investment due to the potential increase in its value, but this coin is also good because it gives various advantages to their holders on the Binance. I like that I can get new DeFi coins by participating in Launchpad and Launchpool, which are held on the exchange.
^ That is the point that BNB is good for now, because of their exchange Binance. Because of the Binance chain protocol that built by Binance through ETH smart contract, it had really gained popularity of their coin, the BNB.
Nevertheless, I don't sure if this coin is good for long-term investment rather than I will choose BTC. What if the Binance exchange gets hacked someday, do you think the BNB coin will still on the top? I don't think so, probably, for now, it is good to invest for the short term. However, that is my own opinion.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 11, 2021, 05:44:08 AM
#71
At this point in time Binance is too expensive to invest in. although fundamentally many people are interested in investing. but in the current momentum,
 I don't think it's the right decision for us to buy BNB in large amounts to invest. unless you are used to trading and later can get profits in a fast way. If you still want to invest, do it regularly to get the lowest price

BNB will not only be good for investment due to the potential increase in its value, but this coin is also good because it gives various advantages to their holders on the Binance. I like that I can get new DeFi coins by participating in Launchpad and Launchpool, which are held on the exchange.
hero member
Activity: 983
Merit: 502
March 11, 2021, 04:16:58 AM
#70
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.
No one can make an accurate prediction in the crypto market, so investors should make a self-assessment of their investments.
If you want to listen to my opinion, I think investing in BNB at this moment is absolutely worth it, BNB is a good coin and will likely increase very high in the future.
BNB seems like a good short-term investment but should not be a long-term investment at this time, the price of BNB is rising too high compared to its true value.
I think BNB will rise to 300 $ then it will drop, 100 ~ 150 $ is probably the real value of this coin.
I think BNB will continue to increase strongly in the future and it will quickly surpass the $ 300 price point, there will probably be a small price correction but certainly the price will not fall too deep.
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