Topic: Is it safe to invest in BNB now? - page 8. (Read 8028 times)
BNB is a fundamentalist token in my opinion and the one I have tasted now. The support from the CEO also came at a time during a correction in recent times by providing positive opinions for its users and one more thing BNB has many excellent features in it. so BNB is still very appropriate to invest in.
CZ really wants his a blue-eyed boy to usurp the throne of ETH. I think BNB will increase accelerate in the future. Market has decrease significantly, If you intend to buy BNB this is the right time. I believe BNB will soon reach 1000$ or higher. that's what CZ really wants.
- BNB may be a precious and valuable stone in the future but to be as successful as its predecessors like Ethereum will not be an easy thing, it is clear that after a period of racing to gain some hope in the struggle, BNB was no longer able to hold the expected highs and was repeatedly ruined by multiple lows. While the next competition is almost starting, we will have more discounts at the time of ethereum 2.0 launch, no need to rush to buy more BNB
CZ really wants his a blue-eyed boy to usurp the throne of ETH. I think BNB will increase accelerate in the future. Market has decrease significantly, If you intend to buy BNB this is the right time. I believe BNB will soon reach 1000$ or higher. that's what CZ really wants.
BNB is a good long term investment and not to mention that they periodically burn their token to reduce it's supply and also it's use case. It is one of the best alternative for etherem since it offers lower fees and faster transaction.The whole market dropped significantly and is now recovering slowly, if you have bought the dip you have bought at a good price.
It is true that when compared to ethereum, the transaction fees from BNB are much lower,because we know ourselves that the current obstacle for ethereum is of course the high transaction costs,
yes I hope that in the near future the market can really recover
BNB market cap has one again dipped below the $50 billion level. If anyone is aiming for long term investment, then at this rate I would say that BNB looks attractive. But should we invest in BNB immediately? I am not sure about this, because the SEC is rumored to be preparing a lawsuit against the Binance exchange. And we saw what happened to XRP when the SEC filed a similar lawsuit against them. So I would rather wait for some more time, before pouring my money in to BNB. There will be a major crash if the lawsuit is actually initiated, and that will give us the opportunity to accumulate BNB at very cheap rates.
I think BNB can potentially see another ATH soon. So, yeah it is a good idea to invest and hold BNB for the next bull run. BNB price can skyrocket with more projects (like the new Mocktail.finance swap platform) using Binance Smart Chain as their main network for transactions.
Additionally, being one of the top cryptos in coinmarketcap allows more exposure for BNB, which results in a higher price.
Additionally, being one of the top cryptos in coinmarketcap allows more exposure for BNB, which results in a higher price.
BNB is a good long term investment and not to mention that they periodically burn their token to reduce it's supply and also it's use case. It is one of the best alternative for etherem since it offers lower fees and faster transaction.The whole market dropped significantly and is now recovering slowly, if you have bought the dip you have bought at a good price.
in my view, BNB is a very good investment ,,, the main coin of the binance market, the network ecosystem is also growing very rapidly ,, good for long-term investment ,, if you believe ,, BNB is not impossible to follow ETH soon ,,, buy the dip and hold ...
Indeed, we should not ask others whether investing in something is safe or not because not everyone can be a financial counselor. Simply conduct your own research for the assignment, and you will not be sorry for your choices. When it comes to investing our money, we should never rely only on the opinions of others unless we know the individual giving the advice.
BNB has more potential to grow organically as they making success of providing scalability and low fees in their network that's why many new projects choose BSC ecosystem as well as old projects switching from Ethereum network to BSC ecosystem.
even though the price is quite high, there are still many people who think that BNB can be better than this in the future. Personally, I probably believe that this token will last, and could even replace ethereum in the future. as far as i think, it could probably cost over $ 1k, so i think it's still safe to have a BNB at this point. Other evidence is, the BSC is even very concerned for now. 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.
Here you did another wrong research. After you get a profit Binance coin, you should buy another coin. One coin can't pump again and again. I'm following Ferrum network and Cartesi tokens. Those altcoins bullrun were good and now those bulls need some rest. Today the Binance dump was high because the pump was good. So slow and steady altcoins are good, if you can switch from top pumped altcoins.
BNB has more potential to grow organically as they making success of providing scalability and low fees in their network that's why many new projects choose BSC ecosystem as well as old projects switching from Ethereum network to BSC ecosystem.
The valuation of BNB is quite high right now. Maybe it's worth it, hard to tell. If you take the Coinbase valuation it seems that BNB may be overpriced, but look at how dominant BNB really is. It is inconceivable how far they are away from even their most serious competitors.
buy it now is of course risky. but what is happening today with us seeing what BNB can do with binance which continues to innovate, I think buying now for the long term is still very safe.
Exactly if you buy BNB you don't buy a white paper or an empty shell with a lot of buzz around it but nothing in it. At least you hold something in your hands that is based on real revenue and innovation. A lot of other coins are more about the idea and the concept than the actual functioning technology.
BNB is present everywhere, serving the people well and understands to continuously communicate with its customer base. It is risky to buy it now, but as I said, it is also not pure speculation on whether or not BNB turns into something because it already is something!
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 $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
I have read that the founder and developer of BNB said that there will always be a burning of circulating token supply which is a good indication that the price of bnb will still remain it good shape so I think investing on it is a good choice for you. Also, there are plenty of projects partnered by bnb which is another good reason to hodl bnb. And I have seen some well-known Technical Analyze said that they will reach at most 1k$. If you made some profit in BNB, I could say continue what you had started with it. Because as long as you gain with this coin that means the thing you did was right, but if you fail to earn on BNB change your strategy just as simple as that. And I don't see any unsafe things to invest to this coin anyway just like that.
one note that I like from your writing "there is no safe thing in investing" all have risks.
to get maximum profit and minimize risk, we only need a good strategy to support it.
if it fails, it means that the strategy is wrong, then change it immediately.
if that still doesn't work, it's time to move on to other altcoins.
One of the basic concepts in the stock market/crypto market is to buy at red, sell at green. As we see the market right now, it is in the bull run, so a high percentage of the currency is at green. So for me, investing or buying coins right now is not a wise and good decision since most of them are increasing their price. This is the time for the hodlers not investors, buying coins right now will lead you to either coming back your capital with no profit or worse, losing the money.
Nevertheless, it all depends on what goals you set for yourself. For example, many were selling bitcoin at 25,000, the whole market was green. As a result, the price rose even higher and then even higher and then even higher. Someone was selling at the level of 50,000, the price was green again, but now it costs almost 65,000. Therefore, it is difficult to unambiguously apply your words to the market; you should always look at the situation.
So far, the price of BNB is still very cheap
I think it is not very cheap but the price of BNB deserves to be higher. The current price is about $622, no one says it is a cheap price of a crypto coin. However, because BNB coin is the coin of the Binance exchange, the price of BNB should be higher. some experts stated that BNB price deserves above $1000. So, many people are optimistic that BNB price can be above $1000 this year.
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 you made some profit in BNB, I could say continue what you had started with it. Because as long as you gain with this coin that means the thing you did was right, but if you fail to earn on BNB change your strategy just as simple as that. And I don't see any unsafe things to invest to this coin anyway just like that.
BNB is currently believed to be undervalued as a result of the use case it represents, I think the price will be next to ethereum as it promises to be a valuable asset even in the hands of those who are willing to invest and also act as miners in the space, what we can also call validators.
One of the basic concepts in the stock market/crypto market is to buy at red, sell at green. As we see the market right now, it is in the bull run, so a high percentage of the currency is at green. So for me, investing or buying coins right now is not a wise and good decision since most of them are increasing their price. This is the time for the hodlers not investors, buying coins right now will lead you to either coming back your capital with no profit or worse, losing the money.
Nevertheless, it all depends on what goals you set for yourself. For example, many were selling bitcoin at 25,000, the whole market was green. As a result, the price rose even higher and then even higher and then even higher. Someone was selling at the level of 50,000, the price was green again, but now it costs almost 65,000. Therefore, it is difficult to unambiguously apply your words to the market; you should always look at the situation.
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