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Topic: Is it safe to invest in BNB now? - page 5. (Read 8078 times)

member
Activity: 744
Merit: 10
Syntrum.com
July 21, 2021, 03:43:14 AM
For now the market capitalization of BNB coin is still ranked 4th coinmarketcup and I think it is safe to invest in BNB after seeing the development of technology and platform partners who always support the BSC platform every month, but there is no guarantee of profit when we invest because all crypto investments are risky and have fluctuating prices
hero member
Activity: 955
Merit: 500
July 20, 2021, 06:11:49 PM
When I have learned one thing in crypto, sorry, but it is to never listen to people who think they know quite specific dates at which the market will move in a certain direction. What do you base your conclusions on? History? Or do you have secret information others don't have?
Who do you ask? because I say it is not based on history or confidential information, because I am also not a fortune teller in the crypto space, I'm just saying this because I am more optimistic about the crypto market and also have too much faith in cryptocurrencies

The problem I have with your statement is that you put it in a way that it is 100% guaranteed crypto will go up in September. Hell who knows when it goes up or down, nobody knows! The only ones who know maybe those who can either pump or dump the WHOLE market or at least Bitcoin. That's at best the exchanges, and I suppose only if they cooperate.
full member
Activity: 726
Merit: 100
July 20, 2021, 05:58:50 PM
it is very safe to invest in BNB.  because we know the price of BNB now has decreased by almost 50% from the bull run.  maybe BNB can experience a potential increase to rise again to the 50% position in the near future
sr. member
Activity: 993
Merit: 250
Moonbet.io
July 20, 2021, 05:33:29 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.
hero member
Activity: 2996
Merit: 609
July 20, 2021, 05:09:44 PM
If previously you benefited from the previous strategy then do it continuously but for now the market is a little chaotic so it's better to wait patiently, because there will definitely be another decline
I do still have hopes for BNB to go to the moon.

https://cryptobriefing.com/binance-burns-390m-in-bnb-implying-2b-q2-profits/
https://nairametrics.com/2021/07/19/binance-makes-2-billion-in-q2-as-they-burn-400-million-worth-of-bnb/

Nothing is assured but you can presume that this burning would be a great factor for potential increase if the demand of company would rise up.
sr. member
Activity: 1414
Merit: 255
July 20, 2021, 05:03:23 PM
If previously you benefited from the previous strategy then do it continuously but for now the market is a little chaotic so it's better to wait patiently, because there will definitely be another decline
member
Activity: 175
Merit: 10
ITSMYNE
July 20, 2021, 03:11:50 PM
i will suggest you do that Now. BNB will definitely reach 1000usd in the next bull run. just like it is when no one paid attention, we will wake up to a bnb price of 1000usd. it is not a big deal but i think it will happen sooner or later. we will see the magic of cz. although countries are bitting the binance platform very hard on fiat to crypto transaction. we will still see binance pull tru.
full member
Activity: 743
Merit: 110
July 19, 2021, 03:06:57 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.

Coin prices in the market today are very worrying, but I believe the market will recover in the next few months. Because Bitcoin will be pumped again at the end of the year, so altcoins also have the same potential. So you don't have to leave the crypto market too soon. Buy and hold until the end of the year.
hero member
Activity: 955
Merit: 500
July 19, 2021, 02:06:49 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.

I think you left crypto too soon, because crypto prices will increase again in September until the last of the year. It's time to collect large amounts of crypto and hold it until the last of the year.

When I have learned one thing in crypto, sorry, but it is to never listen to people who think they know quite specific dates at which the market will move in a certain direction. What do you base your conclusions on? History? Or do you have secret information others don't have?
legendary
Activity: 3766
Merit: 1217
July 19, 2021, 12:03:18 PM
BNB is a coin that went up by almost 20x during the last 12 months (although it has fallen by almost 60% during the past two months). I still believe that the correction phase is not yet over for BNB. IMO, it will be better to wait until BNB shows hints that it has bottomed out. That said, I would regard this cryptocurrency as one of the most attractive investment options among the top-10 coins. And it's deflationary algorithm adds to its advantage. The algorithm means that even if the market cap remains the same, unit price will go up.
full member
Activity: 941
Merit: 100
July 19, 2021, 11:58:19 AM
I was in a hurry to sell the bnb at $245 and currently the bnb is as low as $280, I can only suggest you buy below $245 if the price drops drastically. We are facing a bear market and the market price below $30k is approaching.
in the actual correction process, you can get it gradually. this is just to anticipate the market when the price suddenly improves then you will not be left behind. that's because we won't know where the bottom of a trend dump is.
but buy it now hold it for 2 years in the future I don't think there will be any harm. this is something good in the future. we will not regret at all buying BNB.
full member
Activity: 658
Merit: 101
July 19, 2021, 11:54:21 AM
I was in a hurry to sell the bnb at $245 and currently the bnb is as low as $280, I can only suggest you buy below $245 if the price drops drastically. We are facing a bear market and the market price below $30k is approaching.
full member
Activity: 1190
Merit: 108
July 19, 2021, 11:06:47 AM
If you are long hodler, you better buy it back for december 2021 closing price, IMHO BNB will still up one more time along with one more BTC's bullrun. Check marketcap if you need more references and always think twice when you follow what i said.
Im actually still hold it when i buy it at 220$-240$ long time ago. Still believe in Binance will give me a ticket for christmast holiday, hope im not just hope.
jr. member
Activity: 112
Merit: 1
July 18, 2021, 02:50:29 PM
Exactly i think Now investment in BNB will safe and profitable. For high gass fees of erc-20 people moving towards of Binance Network. So popularity of BNB increasing Day By Day. People Huge Buying and holding BNB. I Think in future BNB will come minimum second position on cryptocurrency Market. So we called that Investment on BNB Is very safe.
full member
Activity: 686
Merit: 103
www.fintropy.io
July 18, 2021, 12:46:57 PM
Of course BNB is one of the places to invest because with BNB and the platform being developed, it is certain that BNB has a very good future and the price will be expensive when you can't get BNB easily and the supply will be running low, so buy BNB for as long as possible. the price is still cheap, wait until the price goes up again and make a profit withdrawal.

I agree that BNB is a good investment as long as Binance Smart chain is developing. Moreover, the team burns BNB regularly to support the price. Personally I stick to strategy of buying BNB with BTC and ETH on a regular bases, no matter if they are growing or falling at that moment.
full member
Activity: 826
Merit: 100
Tontogether | Save Smart & Win Big
July 17, 2021, 06:18:00 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.

if my advice is you better buy BNB again, because BNB is one of the best altcoin to be used as a long-term investment, so this is a good opportunity for you to buy BNB right now, because the price of BNB is going down and you can buy BNB at a low price, so if the market returns to a bull run, then of course the price of BNB will definitely increase very high and that will make you get a big profit, so don't miss this opportunity or you will regret it.
hero member
Activity: 2996
Merit: 609
July 17, 2021, 01:20:49 PM
yes of course for me BNB is the safest altcoin besides bitcoin and ethereum, because I myself have kept assets in the form of bnb for quite a long time, and until now I have not had any problems at all, except the market price keeps falling
What ever goes up must come down and it wont be called a market if we do just continuing to see an upward movement because it is already manipulative one.

There's no such thing about safe investment but rather we do believe into something which would really be giving out that risk and of course its normal for investment.

Choosing neither BNB or other top altcoins or even bitcoin itself wont really be giving out guarantees or do talk about being safe.
member
Activity: 518
Merit: 81
July 17, 2021, 08:59:23 AM
We can see this price to good buy BNB the first price is $264  2nd $223 and 3rd price is $148 I think we must have some BNB our portfolio  Smiley
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
July 17, 2021, 07:48:39 AM
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 ATH is around $690 and today's BNB price is $300, buying BNB at the current price is still very good because BNB will definitely return to its ATH in the next few months. BNB is a good cryptocurrency.
Sure it is, but if you can buy at a lower price, why not wait for the right timing, no way the market will pump anytime soon, we are experiencing a heavy correction and due to the FUD of China Ban and other related regularly crypto problems in other countries, I think somehow it has created some panic. The hype is gone, let's admit it, and focus on the current situation where opportunity to accumulate is here.
full member
Activity: 1890
Merit: 101
July 17, 2021, 07:45:12 AM
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 ATH is around $690 and today's BNB price is $300, buying BNB at the current price is still very good because BNB will definitely return to its ATH in the next few months. BNB is a good cryptocurrency.
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