should hold or sold BNB ? - page 13.

South Park

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Quote from: crypto1998 on May 14, 2019, 04:52:49 AM

hi guys
i bought some BNB at 0.00295 but i heard
that after withdraw open in binance BNB
will drop so should i sell now and buy
back after withdraw open ?

Whenever you buy a coin you should always have an answer as to why you are doing it, that is important because when that reason stops to exist you can sell your coins knowing that you are doing the right move regardless of the price, but if the reason to buy that coin is still present then you need to keep holding even if other people have strong opinions against it, but taking into consideration the nature of your question it seems you do not have a clear reason why you bought BNB.

miklesm

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Binance Coin shows a good growth recently and there are no reasons why the price of BNB should fall, so it is a good option for investment.

AUruHM

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Quote from: rjp55 on May 15, 2019, 02:58:27 PM

I can't say anything about short term because BNB pumped a lot lately, but in long term i think BNB is a winner. Holding it is a good idea.

I think BNB can be expensive for speculation only. The coin doesn't have any application exclude exchange fee and any listing. Binance blockchain doesn't have smart contracts or the same technology. As speculation active it's good. But fundamentally BNB should be cheap

rjp55

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CurioInvest [IEO Live]

I can't say anything about short term because BNB pumped a lot lately, but in long term i think BNB is a winner. Holding it is a good idea.

chocopapaya

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Buy low sell high can be really tricky with a coin like BNB.
The demand for it is always going to increase and will climb incredibly high.
Unless you time it right, you might actually end up losing a lot money.

I would say sell then buy based off of percentages.
If you see it shooting up more than 2% consistently over the day, then don't sell.
If you see it jumping to 5% or more in value than sell.

Typically a drop in price occurs after a coin rapidly rises in value 5% or more.

Make sure you have given yourself enough time to watch the market to buy back in.
When it drops 2 to 3% lower than the price you bought it at, then buy back.
If you want to be risky you can wait for it to drop more, but you could very easily lose your window.

mackstuart

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Quote from: emmybd on May 15, 2019, 12:12:17 PM

BNB is a long-term investment coin. It would be better to hold it, as Binance has been getting more and more popular, so the price of its coin would definitely increase with the passage of time.

I agree with you completely, BNB will definitely rise in price in the future, and now it is probably not necessary to sell it, because in the future it can grow significantly! Wink

r1a2y3m4

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Quote from: mackstuart on May 15, 2019, 12:34:33 PM

After hacking the exchange price almost did not roll back down, the Binance team was able to fix it, so I think to sell now very early! But everyone decides what to do.

Nah Binance is serious on their business. And I don't think that BNB will fall that much since your funds are safe in binance. Even though there were 7000 BTC that was stolen, still your funds are safe. BNB is a long term investment. So, I will still hold my BNB.

makerst

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Quote from: pics4crypto on May 14, 2019, 02:40:10 PM

Yes, I agree now sells only loser. Because it is very stupid to sell on the market that goes up. Now everyone has bought up to the maximum and are waiting for the peak of growth in order to sell and earn.

But as it usually happens, we can be very deceived, because in most cases we have seen this situation before. Manipulators perfectly understand the psychology of people and play on it.

silver23

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Yeah i hear that rumor too.
But i will keep and hold my BNB coin, i believe Binance not like that and i also believe if Binance hacked 7000 BTC is not true.

semobo

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You can't do anything for now since their stopped any withdrawals from binance so even if you convert your coins means it will still under their control so better let it be and come back to see whether its grown or not.

Ochakemaput

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Quote from: mackstuart on May 15, 2019, 12:34:33 PM

After hacking the exchange price almost did not roll back down, the Binance team was able to fix it, so I think to sell now very early! But everyone decides what to do.

indeed there is no significant effect of hacking that occurs. even the IEO plan carried out by binance still gets a good response from investors. until now binance has the ability to maintain trust from its users. it's better to keep the BNB up to a few more, who knows there will be a pump again.

sctunter

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sold BNB on the right time and buy back when it down, but when? i think before ann Binance IEO is the best choice, and sold it when the IEO almost done.

hrunya102

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At the moment, my best decision is long-term hold of BNB, well, the reasons for growth still remain, so I hold.

arnoldrimmer

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If after the hack and it dis little or nothing to the price of BNB, then I think you have nothing to fear, for BNB is a long term hold and I don't see myself selling any time soon

greenclub09

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BBOD - The Best Crypto Derivatives Exchange

I still think holding BNB will be a better choice for us for a long term profit, because it is an exchange token, it will always be the top altcoin of Binance's support, moreover i believe Binance will keep pumping BNB in the future so it will be a huge profit for any holders dare to invest in BNB as soon as we can.

mackstuart

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After hacking the exchange price almost did not roll back down, the Binance team was able to fix it, so I think to sell now very early! But everyone decides what to do.

cunguks

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Quote from: emmybd on May 15, 2019, 12:12:17 PM

BNB is a long-term investment coin. It would be better to hold it, as Binance has been getting more and more popular, so the price of its coin would definitely increase with the passage of time.

Either way, I see BNB is also a good asset for daily trading, even before they released their own chain I saved the BNB for long-term trade and investment. now we just have to see whether the development of the binance chain itself can make the BNB better.

Landak

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From what we have seen so far, BNB is always profitable. the news that you read, I think it's just a rumor for people who will take advantage of that moment to buy at a cheap price and when the rumors are fake then the price will really go up high, especially the price of bitcoin is now very good position. surely the BNB will follow the bullish trend too.

Quote from: emmybd on May 15, 2019, 12:12:17 PM

BNB is a long-term investment coin. It would be better to hold it, as Binance has been getting more and more popular, so the price of its coin would definitely increase with the passage of time.

I agree with your idea.

Vishnu.Reang

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Quote from: Terrmit on May 15, 2019, 10:40:52 AM

I think that it is better to switch to ETH today, it will continue to grow 100%. But the growth rate of bnb is a mystery. I think this is a good decision.

Why can't have both the coins?

ETH is definitely the no.2 crypto-currency in every aspect. The number of users and trade volumes can give competition to those of Bitcoin at any point. BNB is a relatively new currency, and it is tied to the cryptocurrency exchange Binance. Because of its relation with Binance, BNB does not have the kind of freedom that ETH possess.

OptimusPrime_3

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I will suggest you hold your BNB and don't sell because of the incident. Know that even now the value of BNB keeps increasing instead of going down but it's still very strong.

Topic: should hold or sold BNB ? - page 13. (Read 2361 times)