Topic: Is it safe to invest in BNB now? - page 4. (Read 8078 times)

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.

rest assured, if you buy BNB at the current price then you will profit during the next bullish
BNB ATH is around $600 and its current price is half that, BNB will definitely return to its ATH price, that's for sure

I have 3 BNB which I bought at $260 a few days ago, I'm sure the price increase will continue to happen
BNB is a good choice besides BTC and ETH

lepbagong

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Quote from: liqidoxgen on July 21, 2021, 03:08:25 PM

Binance coin price today below $260 that very much appropriate time for buying but I am on losses because I already bought Binance coin at $326 per Binance coin.

no need to regret even if the feeling can't cover the very disappointed anxiety, remember that bnb had reached ATH $686.31 and it will be surpassed by the end of this year. when all coins will start moving up again keep the spirit there is nothing to regret buying and holding good coins like bnb.

In 2017, I bought Ether for $ 350, which was very expensive at the time. I hardly regret today that I did it then. This also applies to the BNB. Today's price for buying BNB is not critical for such a serious token.

agree with your opinion, that there is no need to regret if we buy a coin with great potential, because in time the coin will exceed what we have bought. because every potential coin will always follow the movement of bitcoin where every 4 years bitcoin will reach renewable ATH and all coins will also participate. but it must be remembered that this year there will still be an increase for bitcoin which will be followed by all potential coins including bnb. you are not wrong to invest in potential coins.

MarjorieZimmermanGinger

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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.

After analyzing that in the future the potential is good, you should buy it again, this will be a profitable investment, but if in the future the price is unstable, it should be stopped first.

Moreover, you have already made a profit on BNB, now the market is not so stable and there is a possibility that in the future the price of the coin will fall, but if you believe the price of the coin will increase in the future, then buy again.

There are many reasons for us to invest, one of which is looking for profit, if at this time we have not been able to get the maximum benefit, then we should stop for a moment.

If you have sufficient capital, I recommend investing in Bitcoin and Ethereum only, because in the future the price of these coins will be good in the market and have great potential to rise, considering the market is being dominated by them.

mianvicky1

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People have already made a lot of money by holding the BNB. BNB is a good token and it can still give a good profit like before. As soon as the new bull run comes it will set a new record, So it is better to invest in it at this time.

Republikcoin.com

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I think op isn't referring about hacking or something else by saying safe. Here, safe term is using for is it right decision or not. Yes, you're right on your statement but op is looking for another answer what he needs.

But the information provided is very useful, if it is true that the FBI wants to file a lawsuit against Binance in the future, at least we have one hypothesis that caused the BNB price to drop drastically and we can also anticipate so as not to lose even more and buyback when the price is corrected
I have some BNB on Binance Exchange for the purpose of buying new coins released through Binance. It's very profitable these days to follow in the footsteps of the whales on Binance. That way, I can say BNB is safe to own.

taufik0911

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I think this is the right time to invest in BNB because BNB has a huge potential to become the most popular coin plus currently BEP20 is very popular because the BNB blockchain has better fees and transaction speeds than other blockchains
I hope you don't miss this momentum to get the BNB coin which is currently experiencing a price decline

Sithara007

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There are a lot of risk factors associated with BNB. And from what we have seen with Mt.Gox in 2014 and again with Cryptopia in 2019, the issues for cryptocurrency exchanges surfaces all of a sudden. There will be no prior warnings. I know that Binance is more prepared against hackers and other criminals, but in the world of cryptocurrency nothing is 100% guaranteed. Also, we have been hearing for the last few months that the FBI is preparing a mega lawsuit against Binance (similar to how they targeted BTC-e in 2017).

campusnet

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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 investing in BNB is very good and of course it can provide a lot of profit because in terms of binance supply and very high developments make demand higher and will make it more difficult to get BNB so if you buy BNB then it is a very smart choice.

will the current momentum be right to buy BNB in long-term investment?
I mean we know BNB is a potential future asset. but to determine when we enter to buy in the current time is it profitable or should we wait again?
because market conditions may continue to rise or may soon be in a correction. how do we deal with it all?

JillianTaft

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BNB is the currency that I have been paying attention to. In 2019, I have always been optimistic about its long-term development potential. Generally, investors are not in a hurry to invest when the price is low, thinking that there is still a chance, or thinking that it will go down before buying. But once the price starts, just like the sudden price increase of BNB, everyone will regret not buying it earlier. It is recommended that long-term investors, if the ability to withstand losses is weak, can stop fixed investment after a period of time. The chances of making money in the future are much greater.

smartaction

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At one time the price of BNB rose above $700. But now it has dropped below $300. So now you should invest in bnb. Because if a few launchpad are held again in Binance Exchange, its price will increase a lot again

andytherbg

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what bag are you shilling?

right now the government all around the world are closing down on binance i think crypto dot com might be a good pick because they are legal and comply with the government

no-ice-please

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Yes, Investing in BNB is safe as it already proves a lot of things to us, it has so many partnered tokens so your BNB is safe, and expect that it will increase its price in the future. The proce of BNB is still cheap as of this day so I advise you to buy more and hodl it as long as you can it would be better in a long term.

I guess this is the best time to invest in BNB because of the current market conditions. You will buy at a cheap price that will yield great profits in the future. Binance coin has all it takes to rise soon, as it is the native token of the finance chain.

That's true, always remember to buy at low and sell at high, that is the basic knowledge you should have in crypto

If the investment was "safe", how does the investment justify a return then? Doesn't the theory of risk-reward also apply here? I learned that when you have a safe investment in the literal sense, there is nothing to be expected (or very little) in terms of ROI. I believe that rule still counts.

leetcoiner

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Personally, I am very attracted by the current price of BNB, but on the other hand, it seems to me that the previous price may well be a significantly overvalued price, which means that even now the market can still be overvalued.
I believe that the bear market will continue for some more time, which means that in the future there will probably be even more attractive prices for BNB.

livingfree

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Binance coin price today below $260 that very much appropriate time for buying but I am on losses because I already bought Binance coin at $326 per Binance coin.

That's okay.

Because Binance coin will eventually recover while we see bitcoin recovers. Why I am saying that is because that's the usual thing that happens.

Whenever we see bitcoin recovers, alts like BNB also having the same trend.

Questat

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I guess this is the best time to invest in BNB because of the current market conditions. You will buy at a cheap price that will yield great profits in the future. Binance coin has all it takes to rise soon, as it is the native token of the finance chain.

There's no doubt you'll get a cheap price now, but, if you aim to get a cheaper price, then I guess you should keep waiting as there's a chance that bitcoin will dip and BNB will follow. For me, BNB could drop below $100 and bitcoin could drop below $20k, that should be the best price to accumulate for bigger future profits.

LGD2Business

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Yes of course but this time is very crucial for everyone. Before investment think twice . Bnb has a great future like next etherum . This is a great time to buy bnb and hodl for a long time

Are you sure it's a good time to buy BNB to hold for long term? I think we should wait for lower price, maybe under 100 bucks would be a good entry point.
There is no need to hurry, BNB won't make it double overnight. Patience is key if you think about long term investment. 286 dollar today look cheap for you but expensive tomorrow.

liqidoxgen

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Binance coin price today below $260 that very much appropriate time for buying but I am on losses because I already bought Binance coin at $326 per Binance coin.

In 2017, I bought Ether for $ 350, which was very expensive at the time. I hardly regret today that I did it then. This also applies to the BNB. Today's price for buying BNB is not critical for such a serious token.

kotajikikox

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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.

You have sold too early mate and that is not the best way to deal with this. Binance had reached the peak at 690$ meaning you lost your chance in profiting more than 100% of that selling price of yours.