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Topic: Is it safe to invest in BNB now? - page 17. (Read 8100 times)

hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
April 07, 2021, 09:49:08 PM
In April, BNB will conduct a Burn Token program. and in my opinion for now, if you are interested in investing, you can make a purchase.
Note that now there is a high risk if your target is a high increase. In fact, when doing short-term trading in my opinion it is much more profitable with high market voting it can generate huge profits
Besides that, the Launchpad and Staking programs have made many people still hold on to be able to follow it
full member
Activity: 924
Merit: 100
April 07, 2021, 07:30:09 PM
If you want to hold this coin for very-very long term i can say everyday is a good day to buy this coin.

But if you just looking for quick profit, i think this is gonna be a good day to buy more because we are in market correction.

Especially BNB will burn some coins in this middle of this month.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
April 07, 2021, 06:56:37 PM
It's always a great time to invest in BNB, I'm always appreaciate a token that been using in a real world case such as exchange and BNB has been proven become a solid coin that been used really long time and the token is tradeable as well. Would personally recommend to invest some into BNB, the huge increase in just few months are really insane.
full member
Activity: 1848
Merit: 158
April 07, 2021, 06:51:31 PM
What do you mean when you say safe? It is obvious that BNB is a long-term project, which means that in the future its price will be higher than the current one, even if now it will drop in price in the near future. Look at the rapid development of the network, look at the incredible growth of the coin, at its relevance. I think the numbers speak for themselves. It is safe not to invest at all, then there are no risks.


From the time the OP posted this thread, BNB was just $235 at that time, and look at the price today - $380, even if it bounced back a lil bit. But in the next coming months, I believe the price will increase more as they have varied products and services that are continuously gaining interest from the community. I for one, invested in their staking feature in their trading platform. They are really one of the reputable exchanges here. And investing on this coin may be a good decision for you to make.
sr. member
Activity: 1890
Merit: 252
April 07, 2021, 06:31:04 PM
Well, I think nobody is sure now  at this moment when BNB hit the last ATH we all were in shock at how fast BNB made it then there was no doubt that BNB can be the next ETH but at this moment BNB is on its peak we are not sure that it will drop or not and if it dropped then how much time it will take to be back
BNB is rumored to be a candidate for the NEXT Ethereum, yes and that is very clear to me,
just look at they have the BInance Smart Chain which makes Binance now a hype of its own,
because users only pay low fees to make transactions, there is still a chance to collect Binance ,
because maybe new ath will happen again
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
April 07, 2021, 02:32:03 PM
What do you mean when you say safe? It is obvious that BNB is a long-term project, which means that in the future its price will be higher than the current one, even if now it will drop in price in the near future. Look at the rapid development of the network, look at the incredible growth of the coin, at its relevance. I think the numbers speak for themselves. It is safe not to invest at all, then there are no risks.

Having no risk word isnt really that much off appropriate when making out some suggestions because we know that in investment here on crypto does always have the risk.

Even though that Binance is flying with colors at the moment but doesnt mean that it will give out some assurance for you expect that much or make out guarantees.

Always consider or look out for the risk. Invest on the amount you can afford to lose and secure out profits while you still can.Rinse and repeat.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
April 07, 2021, 02:22:16 PM
What do you mean when you say safe? It is obvious that BNB is a long-term project, which means that in the future its price will be higher than the current one, even if now it will drop in price in the near future. Look at the rapid development of the network, look at the incredible growth of the coin, at its relevance. I think the numbers speak for themselves. It is safe not to invest at all, then there are no risks.
sr. member
Activity: 882
Merit: 253
April 07, 2021, 09:53:49 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.
I have the same mistake when determining when to buy but I don't blame myself. I just know myself that it it's the way of making the right choice for the future.
BNB reached the all-time high again with $400+, and I think it's time for BNB for some correction. This weekend I think it will go back again at $325 again then back to 1-2 week ups and downs again with $350 - $385 range. BNB already proves that it worth to be the top 3 cryptocurrency. We should wait for BNB to go back again maybe this weekends then buy again. For long-term investment, there's no need to hesitate to buy now.
jr. member
Activity: 288
Merit: 1
Focus Your Aim
April 07, 2021, 09:27:27 AM
Well, I think nobody is sure now  at this moment when BNB hit the last ATH we all were in shock at how fast BNB made it then there was no doubt that BNB can be the next ETH but at this moment BNB is on its peak we are not sure that it will drop or not and if it dropped then how much time it will take to be back
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
April 07, 2021, 08:24:20 AM
BNB is one of the promising coin I've invested. You just have to be in the right time so you won't buy on its peak price. I guess it's better to wait for the reversal.

Today is a very special day because of the launching of TKO in Binance. Lucky those who bought BNB because of the TKO staking. Price started at $10 per TKO.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
April 07, 2021, 08:18:37 AM
I think it is a great time to invest in BNB, if we look at the Bitcoin market it has decreased by 5%, but taking some data from recognized traders like Clark in his analysis he places:

Quote
The crypto strategist is also bullish on exchange tokens like Binance Coin (BNB) and FTX Token (FTT).

“Buying the dip in exchange tokens is +EV (positive expected value). BNB looks like it is about to go on a tear. FTT is going over a $100 regardless of any short-term noise so…”
Source: https://dailyhodl.com/2021/04/06/these-six-crypto-assets-are-gearing-up-to-erupt-according-to-analyst-cantering-clark/

With the recent correction of BTC, it is likely to be one of the best times to buy BNB, it is likely that Bitcoin will rise in price, if it goes into a bullish trend it is most likely that BNB will follow the same path, it is a great option .
member
Activity: 1204
Merit: 11
April 07, 2021, 07:26:47 AM
There is no doubt the successful progress of BSC has leaved a positive impact on the price of BNB besides this the strong reputation of Binance exchange are playing a major role in the growth of BNB so on this basis we may consider BNB as a decent investment option so if you have long term investment plan in BNB then I think this might a right time for you.
full member
Activity: 1829
Merit: 134
Moderator
April 07, 2021, 06:59:55 AM
Personally, I think that the BNB coin is now in the growth stage and it is very promising to invest in this coin. For me, the BNB coin is very relevant as it can be sold at any time. Since the Binance exchange is very popular and now every day the BNB coin is growing and attracting more and more investors. From all that has been said, we can conclude that the BNB coin will be profitable.
Yeah BNB Was good option to invest for for short or even long term but still the market was volatile and we can see some pump to $400 today but still there will be some correction especially on today crypto market condition, Even like that BNB was the best choice so far, New Launchpad, Upcoming BSC Update and tons of good development, It's not an advice but BNB Was the best investment today, Anyway DYOR!
jr. member
Activity: 1876
Merit: 5
April 07, 2021, 06:57:27 AM
Personally, I think that the BNB coin is now in the growth stage and it is very promising to invest in this coin. For me, the BNB coin is very relevant as it can be sold at any time. Since the Binance exchange is very popular and now every day the BNB coin is growing and attracting more and more investors. From all that has been said, we can conclude that the BNB coin will be profitable.
full member
Activity: 826
Merit: 104
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
April 07, 2021, 06:48:24 AM
investing in cryptocurrency is definitely has a big risk, but with the current popularity of Binance, so I believe that Binance is one of the best cryptocurrency to make as an investment, because the price of Binance will definitely continue to increase very high, so that you will get a big profit from investing in Binance at this time.
full member
Activity: 926
Merit: 100
April 07, 2021, 06:29:31 AM
BNB is one of the fastest growing altcoins this year, and currently BNB is just below eth at CMC, obviously this has greatly increased the popularity of binance among traders and investors, and it is certainly very safe to invest in.  both in the long and short term, I myself have never doubted this altcoin, which is Etherium's main competitor,
sr. member
Activity: 1274
Merit: 338
Enterapp Pre-Sale Live
April 07, 2021, 04:35:49 AM
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.
It is true and in general what you say has also happened at this time where BNB continues to experience a good price increase and has even passed $ 400 in one unit even though now it is a little below $ 400, but I myself am still very confident that the BNB token will continue experienced a good price increase as long as there is Launchpad and other influencing things in the market.
hero member
Activity: 1316
Merit: 502
April 07, 2021, 04:15:08 AM
BNB is one of the best coins today competing with ETH. It aims to solve ETH problem with high fee and it is one of the best platform used by most projects now. Not to mention it's quarterly burn which is why most people invest on it. BNB is still undervalued since aside from being owned by one of the top exchanges, it's team is really competitive and makes sure that it will be considered as one of the best altcoin to compete with ETH.
Although we know that BNB can create great value and openly compete with the Ethereum network but if the investment is only based on the potential that BNB is showing, the time we will waste is relatively long and the returns are not really optimal. The most optimal is still based on the waves and information of Binance to invest, the market always has very steady bullish and bearish candles, BNB's weekly and monthly charts are no shortage of such candles either, making good use of it will make the investment safe and widen the profit margin
legendary
Activity: 2520
Merit: 1218
April 07, 2021, 02:50:31 AM
I have always supported the idea of buying altcoins, issued by exchanges. My idea was, if even its price go down, you can always use it to decrease trading fees or have an access to other exchanges features, that can give you profit. BNB completely meets such criteria's. Also, historically it looks that the price of BNB always grows up. If I have spare funds, I would have invested part of it into BNB without any hesitation.
hero member
Activity: 3024
Merit: 629
April 07, 2021, 01:55:36 AM
BNB is one of the best coins today competing with ETH. It aims to solve ETH problem with high fee and it is one of the best platform used by most projects now. Not to mention it's quarterly burn which is why most people invest on it. BNB is still undervalued since aside from being owned by one of the top exchanges, it's team is really competitive and makes sure that it will be considered as one of the best altcoin to compete with ETH.
No doubt bnb is indeed one of the best coin to invest in nowadays. But if we look at the current price, the value is quite expensive to buy.

However if you're planning to hold it for long term then the current price wont matter since we know there's a good future ahead for this coin.
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