That is not impossible as long as BNB keeps growing its price, OP does not mentioned a time frame, he just mentioned a specific target which was achieved by other crypto assets already, so IMO this isn't impossible and unrealistic, what is only needed is patience to hold til that time will arrive.
I don't know how long the OP will hold on this, but to achieve the target he wants, it seems to require a great spread. besides, I think that this is just an experiment, so when the price doesn't match what he wants, it doesn't seem to matter. however, given the current situation, the price of BNB is likely to increase, and although the target is not achieved, I think he will benefit from it. 
Topic: Making an experiment on BNB using my $2000 (Read 462 times)
Then again ETH and BNB are nothing alike. While i wouldnt surprise for me at any top coin to have 100x marketcap on the next bull run, bnb has too many problems related to centralization. If binance cex will get in trouble, that will definitely affect bnb price a lot. Binance DEX will not save it.
Binance DEX is a parody of DEX
On the one hand, it’s good that Binance is trying to get into every area and make all the popular products, but taking into account their centralization unsolvable contradictions often arise. And Binance DEX is the most striking example.
The current price was $22 and all time high was $39 i think you should be more realistic to see BNB price of achievement because price target to $1000 seems near to impossible although most people says BNB future looks bright but don't mean the price will always be increase but if you can reduce your target of price lower than $1000 then i'm sure you will reach your target but i think long term is mandatory to see BNB price higher than now
That is not impossible as long as BNB keeps growing its price, OP does not mentioned a time frame, he just mentioned a specific target which was achieved by other crypto assets already, so IMO this isn't impossible and unrealistic, what is only needed is patience to hold til that time will arrive. 
The current price was $22 and all time high was $39 i think you should be more realistic to see BNB price of achievement because price target to $1000 seems near to impossible although most people says BNB future looks bright but don't mean the price will always be increase but if you can reduce your target of price lower than $1000 then i'm sure you will reach your target but i think long term is mandatory to see BNB price higher than now
How much years will take to reach your target i don’t know but at this time it’s too much unrealistic decision. Because your target is 22$ to 1000$ which are not realistic at the moment. And you know it’s risk levels about this 2k$ investment what happen. Your goal will ultimately fail, I don’t think BNB coin able to touch the big target.
50x increase is realistic IMO, why? because it has been achieve by other altcoins in the past.
BNB's ICO price was $0.15 according to my research so at its price, it has already grown 50 times but its also possible that the growth will continue.
ETH on the other hand is a good coin too, and it's one of the most successful coin which has reach $1,000 from an ICO price of .30 usd so this could also happen with BNB over time.
made a research on their respective ico price in google, please correct me if that is not the ICO price.
BNB's ICO price was $0.15 according to my research so at its price, it has already grown 50 times but its also possible that the growth will continue.
ETH on the other hand is a good coin too, and it's one of the most successful coin which has reach $1,000 from an ICO price of .30 usd so this could also happen with BNB over time.
made a research on their respective ico price in google, please correct me if that is not the ICO price.
Then again ETH and BNB are nothing alike. While i wouldnt surprise for me at any top coin to have 100x marketcap on the next bull run, bnb has too many problems related to centralization. If binance cex will get in trouble, that will definitely affect bnb price a lot. Binance DEX will not save it.
BNB at 1000$ is quite impossible. This prediction is very related to them who thinks Bitcoin will hit 1 Million USD. Mate, I think you should cut one zero from those three, then that will be perfect for BNB to hit within the next 3-5 years! As you are doing this for an experiment, you can do it, but personally, I think BNB will hit 100$ by maximum!
Perhaps I will express an unpopular opinion, but I think that investing in the BNB is very risky. At the moment, this coin has exhausted all growth drivers. Those innovations that Binance produces are more and more looks like a fake. Plus, Binance has already announced/done almost everything possible in all areas - own token, own DEX, own stacking, margin trading etc.
What should happen fundamentally new in order to attract new interest in this coin?
They still have something which is burning season that could fundamentally increase the value of their token. But despite that, What should happen fundamentally new in order to attract new interest in this coin?
I have the same opinion as yours about their growth at least for now.
As long as BNB coin remains a platform coin, there will be a limit for its growth no matter what. Unless they are making a new goal and breakthrough technology that can compete with other platforms in technology and other industries.
And with this in mind, there always remains a risk that is inherent in centralized systems: if something critical happens, then the whole ecosystem collapses. Where there is no decentralization, these risks are significant. In the case of Binance, the risks are very high - since this platform constantly “runs” in different jurisdictions. Sooner or later, regulators will “catch” it.
I don't know how much higher price for centralized coin, ok I just wondering am I wrong to say bnb is centralized coin? Because there is party who managed it. Now binance coin is traded by $22 base on coinmarketcap and have touched an all time high around $35 a year ago. Now you will have an expectation that its price will touch $1000, maybe it could but have a long time also if there is no bad happen into binance exchange because when there is something bad coming into its exchange I will doubt the binance coin will still exist on this cryptosphere.
There's something that came out into my mind, it's about Binance, I have been seeing people's comment that they are very positive with the future of Binance so I came up with an experiment which I plan to do it soon.
here's what I am gonna do, I will invest on BNB worth $2000, hold it, and just sell when the price of BNB will reach at least $1,000..
What do you think about this? is my target realistic?
I think the price of BNB could have reached $ 1,000 but that if everyone in the world already knew and used crypto, and that would of course take a long time here's what I am gonna do, I will invest on BNB worth $2000, hold it, and just sell when the price of BNB will reach at least $1,000..
What do you think about this? is my target realistic?
I don't think Binance would allow the coin to reach a price that high. It'd make its utility pointless. You need to have a portion of it to save on fees. Without being able to buy a decent portion of it affordably it's all pointless. If the price was reaching that high, I'm sure they'd issue a new coin which would surely negate the price of the older one.
It's worth risking since the value of binance coin will always be able to bounce back regardless of dump since they have so many projects and users needs to have BNB in order buy which will automatically create demand and then they have lottery sale system wherein we need to hold certain BNB in order to be a part of sale thus it will maintain stability as well. I would suggest you to go ahead with it.
Perhaps I will express an unpopular opinion, but I think that investing in the BNB is very risky. At the moment, this coin has exhausted all growth drivers. Those innovations that Binance produces are more and more looks like a fake. Plus, Binance has already announced/done almost everything possible in all areas - own token, own DEX, own stacking, margin trading etc.
What should happen fundamentally new in order to attract new interest in this coin?
They still have something which is burning season that could fundamentally increase the value of their token. But despite that, What should happen fundamentally new in order to attract new interest in this coin?
I have the same opinion as yours about their growth at least for now.
As long as BNB coin remains a platform coin, there will be a limit for its growth no matter what. Unless they are making a new goal and breakthrough technology that can compete with other platforms in technology and other industries.
Perhaps I will express an unpopular opinion, but I think that investing in the BNB is very risky. At the moment, this coin has exhausted all growth drivers. Those innovations that Binance produces are more and more looks like a fake. Plus, Binance has already announced/done almost everything possible in all areas - own token, own DEX, own stacking, margin trading etc.
What should happen fundamentally new in order to attract new interest in this coin?
What should happen fundamentally new in order to attract new interest in this coin?
yes your right . people give positive reviews with this coin and id say they are right because that is what i also observed but your idea of putting 2k usd seems too much if i were to ask . the bad part is that your expecting for so much return for this coin . cant lie to you but 1k usd value per one of this coin is crazy . not saying others are not but even btc also recieve some outrageous predictions and i also totally disagree with them . all i can say is lower your allocation from this coin and lower yor expectation too . peace
Waiting for BNB to increase $1,000 will need a long time because the price now is still at a low price. It could happen if many people have an interest in the coin, and they are buying massively and hold it for a while. But if you can hold it until the BNB price can increase, then you don't have to worry because I think the BNB price will be increased and decrease many times. I suggest you move BNB in another wallet, so you don't have to afraid because of the volatility price of the coin.
I think the target is too far, indeed everyone has their respective expectations it's just that for me it's a little impossible because the total supply of BNB is quite a lot and it takes how much the total marketcap for BNB to reach that price. I think the target of 100 $ is enough to touch that price.
$1000 per token? That may take years, do you have your goal or maybe a timeframe for yourself? Or, are you just going to wait for it until it reach that price? You might need to forget it first and be back after a couple of years. 
BNB seems to be a good investment, nevertheless it needs a crazy growth to get to $1000... It really depends on the whole crypto market growth and the period of time you are willing to wait...
If the crypto markets keeps on growing and government coins don't end the dream, maybe in a couple of years we can see coins like BNB reaching $1000
Hope for the best
If the crypto markets keeps on growing and government coins don't end the dream, maybe in a couple of years we can see coins like BNB reaching $1000
Hope for the best
There's something that came out into my mind, it's about Binance, I have been seeing people's comment that they are very positive with the future of Binance so I came up with an experiment which I plan to do it soon.
here's what I am gonna do, I will invest on BNB worth $2000, hold it, and just sell when the price of BNB will reach at least $1,000..
What do you think about this? is my target realistic?
here's what I am gonna do, I will invest on BNB worth $2000, hold it, and just sell when the price of BNB will reach at least $1,000..
What do you think about this? is my target realistic?
You can do that, but you need to have a strong hand to hold that coin because your target is too high, and we don't know if the price can rise fast in this year or the next year. I think that is realistic, but you need to think twice about selling BNB in the $1,000 of the price because that will happen a long time. But we don't know the truth, and who knows, that price will be reached in the next bull run. If that happens, then you will make a big profit, and I am sure that you can get a lot of money from BNB.
I hope that you can have big patience to see BNB will hit that price because we don't have the right information on where BNB can increase and hit that price.
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