Topic: Is it safe to invest in BNB now? - page 9. (Read 8078 times)
legendary
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So far, the price of BNB is still very cheap, I even recommend placing your assets in BNB and ETH which will become the kings of competing altcoins. As long as the BNB price is still under $ 1000, it is still in the cheap coin category. If you look at the BNB utility and also the size of the growing community, as well as the supply of coins that are burned every certain period, it can be ascertained that the BNB price is naturally above $ 1000.
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.
Binance's current popularity is undoubtedly so you don't need to ask about BNB because BNB is very feasible for us to invest in at this time. because the price will keep increasing every time and I believe BNB will reach $ 1000 in the future. so don't waste your time thinking too long to make the right decision. because the sooner the better.
from the date the OP posted his thread, BNB already grows a lot like more than twice its value. considering that it is only about couple of months. and with the current rate, i believe bnb has still a lot to grow in the coming months. though eth network has reduced fees, still project devs are creating their projects under bsc network. and with other innovations on their platform, 1k is not so difficult to attain for this coin.
the #3 position in the market is not an easy peasy road for them. definitely, lots of resources has been put into it to cater good services to the community.
This thread was posted in March and that time the price of bnb was around 250 dollars .Those who missed to buy bnb that time can still buy it now as its price will increase in near future. It will surely cross 1000$ very soon .
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.
Binance's current popularity is undoubtedly so you don't need to ask about BNB because BNB is very feasible for us to invest in at this time. because the price will keep increasing every time and I believe BNB will reach $ 1000 in the future. so don't waste your time thinking too long to make the right decision. because the sooner the better.
Bnb is a good coin but one just need to take necessary caution because in recent weeks it's has been rising and dropping back woefully, one just need proper time to invest and take necessary caution that all.
I just hope you don't stop buying after making this post, because in my opinion BNB is the best token for investment outside of bitcoin and ethereum
If you still want to invest in BNB then now is the right time before BNB hits the price of $1000
If you still want to invest in BNB then now is the right time before BNB hits the price of $1000
Yes BNB is safe for investment. Currently BNB has the capacity to be 2000$. Lots of projects are being launched and succeeding at BNB CAHIN. BNB is expected cross to Ether. BNB has low price transactions fee & highly demand for ido. Hope next update got low fee in Eth.
Well, compared to the time this thread was started it was a little early and the price of BNB was still low. But if you will ask me BNB at the present price is high to buy in now, it always better to buy low and sell high and always follow the market trend.
Right, if OP bought BNB coin after he made this thread, then he would have a decent profit now.
For me, any time to buy BNB coin is OK because BNB is a good coin that have use cases and being burned quarterly.
It is better to buy on early time indeed, but now is not a bad time as long as we can afford to hold the coin and let the value grow more.
Well, compared to the time this thread was started it was a little early and the price of BNB was still low. But if you will ask me BNB at the present price is high to buy in now, it always better to buy low and sell high and always follow the market trend.
Right, if OP bought BNB coin after he made this thread, then he would have a decent profit now.
For me, any time to buy BNB coin is OK because BNB is a good coin that have use cases and being burned quarterly.
It is better to buy on early time indeed, but now is not a bad time as long as we can afford to hold the coin and let the value grow more.
Basically, an investment must start with good planning, not just buy when the project is in a good market.
there's no guarantee in the future we'll see BNB make pumps this high.
BNB is indeed a good asset, but we have to determine what momentum is good for us to enter and exit.
Well, compared to the time this thread was started it was a little early and the price of BNB was still low. But if you will ask me BNB at the present price is high to buy in now, it always better to buy low and sell high and always follow the market trend.
Right, if OP bought BNB coin after he made this thread, then he would have a decent profit now.
For me, any time to buy BNB coin is OK because BNB is a good coin that have use cases and being burned quarterly.
It is better to buy on early time indeed, but now is not a bad time as long as we can afford to hold the coin and let the value grow more.
My opinions about bnb are very positive. bnb is one of the coins that gives me the most confidence in this market. used to be compared with kucoin. but kucoin did not make as much progress as bnb. bnb can rise and fall very quickly. but it gives me a feeling that the possibility of earning in investment is very high. bitcoin ethereum and bnb are my top three coins.
currently doing daily trading is still very profitable at BNB, so it would be great in this bull run you will continue to buy back at BNB, while for long-term investment I think it is currently not good, because the average altcoin price is above the peak
If you look at the average price of any coin in the market right now everything is trading well above those valuations. BNB was at the right moment when ETH was struggling with the network congestion and their plans were not going well according to their charts and BNB was able to tap that market and hence the market rallied to this levels but i will stay away from them as the price is already inflated. 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 should stop buying BNB because I think BNB will come back down after ATH has just been achieved this year. And I think BNB is now at the highest price, so in the near future BNB will fall back down again.and this is a normal condition in trading. So I suggest looking for other altcoins that will reach new ath this year.
currently doing daily trading is still very profitable at BNB, so it would be great in this bull run you will continue to buy back at BNB, while for long-term investment I think it is currently not good, because the average altcoin price is above the peak
The BNB is still bullish. I bought at the last dip and actually made some profit on the come-back of the market.
For fast profit or short term investment I won't advice you to invest in BNB because you might just end up making a unit profit or loss. But I'll strongly advice BNB for long term, I see BNB as the future.
Let's just take a look at ETH last year by this time it was the estimated value of BNB but today it's 2k+ USD. Imagine if you bought 10ETH at $500 you can see the profit you'll be on today.
For fast profit or short term investment I won't advice you to invest in BNB because you might just end up making a unit profit or loss. But I'll strongly advice BNB for long term, I see BNB as the future.
Let's just take a look at ETH last year by this time it was the estimated value of BNB but today it's 2k+ USD. Imagine if you bought 10ETH at $500 you can see the profit you'll be on today.
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 $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
It's always kinds of hard to know the peak of a token and most of the investors are just cannot predict or sell at the peak price of that token, mostly only a small percentage of people are able to do that.
I guess just because the token burn boosts the price of BNB in the market, Even I miscalculated a little bit selling most of my BNB at around 400$ I know that there will be a pump because of the token burn at the end of April but the pump just went too early so I just sold at a lower price.
Still, it is fine because I still made a profit in BNB and I could easily buy it back and earn profit again when it is a dump or buy other coins for profit as well.
You can't know the peak and you also don't know who is pumping money into the market. Are those the big players or only the retail investors who might lose steam. Nobody knows where the peak is. For BNB you could at least do some calculations and compare it to other exchange businesses from markets other than crypto.
I think for a trader who invests in BNB is a smart choice and it will provide big profits for the future. investment in the BNB should be done on a long term basis.
Yes, and it is all thanks to the development of BNB which is still going well so that it can be suitable for investment options in the long term, and my filing of BNB tokens will definitely be able to be at $ 1000 within 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 $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
It's always kinds of hard to know the peak of a token and most of the investors are just cannot predict or sell at the peak price of that token, mostly only a small percentage of people are able to do that.
I guess just because the token burn boosts the price of BNB in the market, Even I miscalculated a little bit selling most of my BNB at around 400$ I know that there will be a pump because of the token burn at the end of April but the pump just went too early so I just sold at a lower price.
Still, it is fine because I still made a profit in BNB and I could easily buy it back and earn profit again when it is a dump or buy other coins for profit as well.
I think for a trader who invests in BNB is a smart choice and it will provide big profits for the future. investment in the BNB should be done on a long term basis.
Yes mate chosing to Binance smart chain plafrorm (BNB) a smart choice. I think Binance will be a good compitator of Ethereum and very near Binance coin will hit $1000.
Investing in BNB at the time is very safe. It is even one of the safest investment at this moment. BNB now have major utility as it is the gas used for transactions on Binance Smart Chain network. And because of its low transaction fees, it is now the most used network in creating new crypto projects.
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