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.
BNB is a good investment, good to scalp in the market. Just buy low and wait for the price to get high sell it then wait for the pullback so you can buy again. I guess the price now will reach $400. Just don't be greedy when trading, wait for the price to pullback and buy again. That's true the price now is high, I bought yesterday at the price of $242 and I sold it at $287, I bought again at $272 and now the price is $286. 
Topic: Is it safe to invest in BNB now? - page 24. (Read 8078 times)
Honestly, I don't have big funds from my own. That's why, I want to make it worth for profit and want to use wisely with strategy though everything is risky I know. But I want to use my level best. Though my funds is not so big, risk tolerance is almost zero. Seeking suggestions to match with my strategy and want to spend best time with trading.
If you don't have a big fund then i will suggest you stick to low risk investment, look for those coins who have not been traded to the pick and buy,
bnb is booming now but who knows if this will continue or it will fall, but i do know as long as binance and cz present bnb will always find a way to strive.
Personally, I think that investing in cryptocurrency is very profitable now. And a coin like Binanc Coin is very promising. The BNB coin is very young and has great investment potential. So now you need to collect or buy on the Binance cryptocurrency exchange by bank transfer, credit card or exchange for any of the cryptocurrencies available there. And in the end, I can say that investing in BNB is very profitable and safe.
Personally, if I have spare money to invest in cryptocurrency, I would go and buy some BNB. Historically, BNB would continue growing.
I remember when BNB price was lower than $5, and how it suddenly rose to $25+. Even back then people were amazed and asking if the still can catch this running train. Now look on the current price - $286 on March 10. Those who did not hesitate back then, multiplied their money 10 times. I'm not saying that 1 BNB will be worth $2500 in one year, but it will definitely grow up.
I remember when BNB price was lower than $5, and how it suddenly rose to $25+. Even back then people were amazed and asking if the still can catch this running train. Now look on the current price - $286 on March 10. Those who did not hesitate back then, multiplied their money 10 times. I'm not saying that 1 BNB will be worth $2500 in one year, but it will definitely grow up.
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.
First of all, congrts for making profit from those trades and secondly, BNB is already entered into the cycle of profits like bitcoin, etherem. As anyone can get profit if he/she hodl it for long time and it'll give profits even after a bearish market. So, it's best to buy BNB in any dip as a long term hodling. On the other hand, day trader can do their trades according to support and resistance zone and CZ is trying the best to pump BNB again, IMO.
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.
First of all, congrts for making profit from those trades and secondly, BNB is already entered into the cycle of profits like bitcoin, etherem. As anyone can get profit if he/she hodl it for long time and it'll give profits even after a bearish market. So, it's best to buy BNB in any dip as a long term hodling. On the other hand, day trader can do their trades according to support and resistance zone and CZ is trying the best to pump BNB again, IMO. 
Apart from the crypto market BNB the prices of other currencies are also increasing I think it is safe to invest in BNB now there will be no hassle for the exchange binance is a very secure site and everyone can exchange it very easily. For Binance Exchange the demand for this currency is high.
BNB is one of the promising coin at this moment and you can invest on BNB without any hesitation. It is most powerful and well known to everyone. People are showing more interest on BNB for Binance.
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.
Anyone interested in the cryptocurrency market is now talking about BNB, its recent price increases, and future ATH of up to $1000. All this indicates that the market sentiment is very positive and we can expect further increases in the BNB price in the near future. So in my opinion, investing in BNB is still a safe decision.
As my opinion it is not correct time for Buying BNB already Bnb price has very increase and i think now you can wait for Dumping.
But you can buy it if you want to Hold it for long time.
Waiting for the dumping of the BNB token seems to be taking too long at this point, because considering the staking on the Binance exchange, this clearly makes buying of the BNB token itself even more increasing which could have an effect on the current price increase. But you can buy it if you want to Hold it for long time.
From my perspective market was still on bullish trend and this will Continue until the next 1-2 months, COVID-19 vaccine has not been completely evenly distributed and has not yet been seen to be effective, it still gives some Negative Impact to the Stock market so that various investors are looking for alternatives and one of them is crypto. It's safe to invest on BNB now since BSC was also gain it's momentum, Pay attention to Correction, Good Luck!
ou should know that the BNB price could be damaged when BTC underwent a major correction. this is not just for BNB, but most altcoins.Current analysis does not only focus on project development. The market analysis is often overlooked because buying assets in a bull state of course must have good judgment.
From my perspective market was still on bullish trend and this will Continue until the next 1-2 months, COVID-19 vaccine has not been completely evenly distributed and has not yet been seen to be effective, it still gives some Negative Impact to the Stock market so that various investors are looking for alternatives and one of them is crypto. It's safe to invest on BNB now since BSC was also gain it's momentum, Pay attention to Correction, Good Luck!
Currently, BNB is trading at 280$ and now you must wait for some correction around 260$ would be the best option to buy again. Don't try to buy the peak if it drops from here you will repent of making haste. As you know patience plays a major role so you should wait for a little drop then you can buy again. Most of the traders are still bullish on BNB for long-term If you are planning to hold long-term then you can buy now as well but for the short term, you must wait for some drop.
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 think the first question that comes to mind is how were you able to determine the market was bullish and how you decided to enter the market only to sell some time later? What kind of system are you using? What is your system telling you to do? If your system relies 100% on your gut feeling then I can tell you that sooner or later it is going to fail you, it is way better to develop a coherent strategy that also has a reentry point so in the case the market is still bullish after you sell you have a way to get back in the market without having to look for input in the forums. hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think BNB has the opportunity to go $300 over again. Smartest thing will be investing now in BNB. We only can prediction, however nothing can happen anytime soon but in BNB we can believe. There is so much good things going on around us and HODL BNB ultimately good choice.
It will increase to that price, but we should wait for a while as the price now increases more. If you want to invest in BNB, you need to determine your right time to buy because not every day is a good time to buy BNB unless you want to hold it for the long term and you do not think much about the price movements. If that is the case, you can buy it right now or later, but it is better to buy BNB when the price is down because after the price reaches the high price, it will adjust and make a correction.
Your choice is very right and very good I think, therefore maintain and continue to invest in BNB because BNB has good liquidity for trading on various cryptocurrency exchanges. With the many projects out there being offered by BNB, thus the price of BNB continues to increase. Those are some of my reasons for making it safe to invest in BNB, hopefully it will be useful ..
binance still have a long journey, like the CEO Binance CZ said ijts just beginning, with lot of project use binance smart chain i believe binance have a bright future
so binance really fit to invest for a long term, just buy it and forget for 1 or 2 years and get back to your wallet i believe it will reach $1000 or $2000 in near future
just wait and see
so binance really fit to invest for a long term, just buy it and forget for 1 or 2 years and get back to your wallet i believe it will reach $1000 or $2000 in near future
just wait and see
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.
We can say that you need to buy now since it is still going upwards but it may not happen. We can say that you need to wait for a correction but it might not happen.What I'm trying to say is that, you can ask here but don't rely on us too much because what we can say might not happen. You still need to do research and a bit of TA so that you know at least when to enter and exit. You already know the next possible resistance and yet you sold your BNB tokens. That shows that you aren't believing in your analysis.
At first glance on the chart, you will see that the possible support is at the $225 and if it doesn't hold the next is the $210 price. The resistance right now is at the $296 price and it barely hit that price yesterday but it went down today and now down 6%. After the $296 resistance, the next possible resistance is the $332 price.
For now, I feel very safe to have BNB. However, looking at your trade history, I think it's better to wait for the BNB price to be below $ 245 than to buy it now. however, the potential for BNB to rise is huge, but I think buying it at the current price carries a big risk. however, if you plan to hold on for a long period of time, that won't be a problem.
Profit taking is never a bad thing!
If you want to invest again in BNB, than wait for a pullback. It got a nice pump today, but probably we will see some more profit taking which will drive the price lower.
If you want to invest again in BNB, than wait for a pullback. It got a nice pump today, but probably we will see some more profit taking which will drive the price lower.
Yeah, but we don't know what the pullback price will be, as we are in a bull run, probably we will see a week or two of consolidation and probably it will be a good hint to invest that time. Otherwise if we buy on top, might take weeks or months to realized our profits in short time. Because I think the OP is trying to squeeze profits this way and buy back when the price dip again.
Jump to: