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Topic: Is it safe to invest in BNB now? - page 18. (Read 8100 times)

member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
April 07, 2021, 01:40:31 AM
Quote
depends on how much patience you can have. if you are buying for long term you can buy and lock it. if you are just trading for little gains, you can check the trend and buy at a convenient point that will give you good profit which depends on your capital.
Yeah, if you buy for long term investment, it will bring you massive profit at the end of the investment. Many investors that embark on sure decision are enjoying their reward for the transaction.
sr. member
Activity: 1876
Merit: 259
April 07, 2021, 01:06:10 AM
Bnb is the top 10 best altcoins on coinmarketcap, today in april the price has reached $ 400 which is still said to be a number of bnb that will be burned this month it is not impossible that the price will continue to rise, even though the price touches $ 500 it is still worth it for me to buy as long as the money is not money for daily necessities or because of debt.
sr. member
Activity: 817
Merit: 250
April 07, 2021, 12:55:47 AM
Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.
The current pump probably caused by the ongoing IEO that's in binance's launchpad, usually it's gonna be dumping after the event has finished but that's just my prediction. However, seeing that BSC keep getting popular and popular it's just possible that maybe the pump could goes on even after the IEO has finished.
the pump is still possible. but for IEO events I don't think the effect will be too much.
in fact, there is a coin burning event for the next period that will happen in front of us which could trigger an increase in prices.
IEOs on binance are very popular. but currently the market focus I think is on the BSC market which makes BNB adoption increase.
full member
Activity: 1708
Merit: 105
April 07, 2021, 12:51:19 AM
Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.
it's true that BNB has reached ATH $ 410.46 - Apr 06, 2021, this indicates whether this is true at this time, that Alt season is indeed possible and will do with other altcoins. It seems that in a situation where bitcoin is in a stable position, it is possible that it could happen because bitcoin does not interfere with the movement of altcoins that have reformed themselves to be able to increase, after being left behind last year with bitcoin.
This will certainly excite many projects to immediately move and improve.

Be happy that those who have invested in the long-awaited BNB also happen, maybe there will be renewable ATH again and we will look forward to that.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
April 07, 2021, 12:34:45 AM
Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.
The current pump probably caused by the ongoing IEO that's in binance's launchpad, usually it's gonna be dumping after the event has finished but that's just my prediction. However, seeing that BSC keep getting popular and popular it's just possible that maybe the pump could goes on even after the IEO has finished.
full member
Activity: 791
Merit: 139
April 07, 2021, 12:20:47 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.


If you already made a profit in BNB, the only thing I could say is continue what you had started. Do the strategy what you used for it,
Just observed the resistance of the price of BNB, but of course you need to be more careful mate. ALthough BNB is one of the and safest
investment altcoins in this field of business.
copper member
Activity: 700
Merit: 120
Gamdom
April 06, 2021, 10:07:57 PM
Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.
full member
Activity: 714
Merit: 100
April 03, 2021, 01:26:05 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.

if to invest in BNB I think there is no doubt, besides having a good platform, BNB is currently in great demand by digital currency lovers. investors continue to grow and even BNB has a great future. If you want to buy or invest in BNB, you should make a long-term investment in BNB, I believe BNB is a good atlcoin for the future.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
April 02, 2021, 05:20:11 PM
I invested all of my funds in BNB when it was 41 dollars, and I now believe it was the best decision I've ever made. "Is it safe to invest in BNB now? " you ask. I assume that buying BNB at 455$ is extremely risky and that you should wait for a pullback.
You have made a great decision to invest in BNB, it is always a good idea to invest in any coin at a low price and wait for the right time. BNB is one of the best choices, however as you said it is not a good idea to invest in BNB right now. That is why the price of BNB is around 340$ and this price is enough good for BNB, that is right BNB has potential and maybe it gets more than this price in the future. But it is so hard for BNB to reach 400$ in the near future. l prefer focusing on other currencies, BNB investing is too risky, we should wait for BNB to get a lower price, and then maybe we can have any chance to make a profit from this investment.
legendary
Activity: 3122
Merit: 1140
April 02, 2021, 05:15:09 PM
I feel its still rather safe to invest in BNB because price is still cheap considering how greatly Binance Smart Chain works and all those defi projects creating liquidity. What makes BNB great competitor to Ethereum is its very cheap fees also. I am LONG for BNB and I do plan to regularly buy BNB even bull markets turn upside down to bear.
As long we do invest on the amount that we can afford to lose then this wont really be a problem.We do have our own perspective on any projects in the market and just
basing up on what Binance and its smart chain been doing currently then we can presume that this would really be having some good future but everything will still always
vary on the demand and on the performance on future months or years to come.It might not be giving out guarantee but based up on what they had attained
as of this moment is a solid indication that they do really have the potential.
copper member
Activity: 865
Merit: 32
April 02, 2021, 10:48:37 AM
I invested all of my funds in BNB when it was 41 dollars, and I now believe it was the best decision I've ever made. "Is it safe to invest in BNB now? " you ask. I assume that buying BNB at 455$ is extremely risky and that you should wait for a pullback.
jr. member
Activity: 1876
Merit: 5
April 02, 2021, 06:16:31 AM
Personally, I see great promise in this BNB coin at the moment and, if possible, will invest in this promising new BNB coin. Moreover, I can say that all my friends and acquaintances are now only interested in the BNB coin. So now BNB coin is very popular among cryptocurrency lovers. So I recommend that you feel free to invest in BNB coin and get a positive result from the transaction.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
April 02, 2021, 04:44:46 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.
Congratulations, you have benefited from the investment you made. Overall, BNB can be said to be very safe to invest. So far you still have the opportunity to get even bigger profits from BNB. Moreover, it is rumored that Binance will soon burn their coins this April, After burning is done, automatically BNB supply will decrease from before. Currently BNB is a good investment for you, especially you are familiar with this coin. My assumption BNB might hit $1,000 in the future.
copper member
Activity: 700
Merit: 120
Gamdom
April 02, 2021, 04:06:29 AM
BNB is on fire. BNB is now traded at $351+ which is really a good thing. It would be the most happiest moment if I hold some BNB till now. Yesterday, I just sold my all BNB at $330 which is also profitable for me. But now it looks bullish and again the priority is upward with the BITCOIN price.
full member
Activity: 812
Merit: 101
April 02, 2021, 03:56:35 AM
For now, investing in BNB is indeed good especially for the long term, but if you want a short-term investment, it doesn't seem suitable because if your mental condition is in turmoil and you have too high expectations then when BNB experiences a slight decline (even though it fluctuates in exchange rates that's a normal thing) it will make you dizzy and restless, the biggest risk is that you are impatient and take the decision to stop it at a loss, it would be a shame.
sr. member
Activity: 2464
Merit: 252
April 02, 2021, 01:17:38 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.
Price pumped to $272. If I'm you, I'll invest into another coin that I haven't seen it go pump around. Because investing in BNB this time is like investing in the peak unless you're really thinking that it will cross $300 and more. I'll stop and maybe go for any other top altcoin or I'll just come in to bitcoin and ETH. At least with those coins, you've got the understanding that they have a higher peak than what it is today. But, you're the one to decide and do the suggestion you think is best for you.
Now the price of BNB has risen to $ 353. It is still growing, most likely, it will continue to grow for some time. The coin is promising, but there really is a danger of buying it almost at the peak of the price. Now everyone must decide for themselves whether it is worth investing in this coin at this stage. Now that the ethereum network has a lot of difficulties with high transaction fees, this coin has yet to grow. However, it is difficult to say what will happen to its price when, after July, ethereum will solve its problems.
sr. member
Activity: 1372
Merit: 275
April 01, 2021, 11:54:32 PM
there is no time to delay you in investing, including in BNB. Although currently experiencing a high increase due to several factors. This month Binance does its 15th Burn again. And also Announcing the existence of a new Launcpad, namely Tokocrypto. clearly this news makes the increase in BNB quite high for now. And in my opinion, the current price is still relatively cheap if you further analyze the Binance smart chain which is in the near future to compete with ethereum.
full member
Activity: 1120
Merit: 101
April 01, 2021, 10:57:57 PM
I don't believe any one Investing in BNB even at this moment is making a mistake. We will always think I believe the price of a cryptocurrency is too high or may over bought or over hyped and it will drop and we end up missing out when we should have invested. I know most investors want to do this short time but to me, some projects are better off investing for longer time and BNB is one of such which I am Hodling on too and you need to know what is going on with the projects as well that will give you the confidence that I can invest in this for a longer time.
You are right, buying now will probably face a bear market situation in the future. maybe this year, it could happen next year.
But for BNB I will always believe in 3-5 years in the future we will see the value of BNB will be more than it is today.
most importantly don't ever panic when the market is in a bear's mouth.
full member
Activity: 896
Merit: 100
April 01, 2021, 10:22:38 PM
No.. don't stop just buy BNB again because I believe it can hit $500 price in the future, BNB is a potential altcoin and as you can see it climb up at the 3rd position marketcap. The Binance Smart Chain is popular now so no doubt the price BNB will increase for sure.
I totally agree with you. I believe BNB will go to much higher in the future. Many projects have already come up in the Binance smart chain network and more will come in the future. In that case, I believe that BNB will one day surpass Ethereum.
think for them to be equal first before surpassing it. ethereum is also very strong in the market not as easy as you are talking about.
but for BNB which has good market power at the moment, there is still a chance for them to reach the same point. the main drivers are the strength of the BNB market and the increasing adoption of the BSC network.
member
Activity: 1260
Merit: 21
April 01, 2021, 10:21:05 PM
As for investment now it is very good because BNB is a long term. But if you choose to be in the short term, this is a little risky if your mind is messed up, if if you drop just a little it can make your mind panic and eventually you will cut losses. Wink
True if you are an emotional person but if you have the ability to check the project to understand what is out for it then you might want to hold for some time regardless of what is currently happening and by the way, BNB is a good buy even for a shorter time frame say like a few months plus BNBs quarterly Burn is coming up around 30th April which I believe will also give some bust to the price and all the loads of projects jumping into the Binance Chain and new listing on Launchpad, I believe BNB  is a good buy imo.
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