Should I buy BNB now? | Bitcointalksearch.org

fikrett

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Quote from: CTM_Marketing on November 13, 2024, 07:17:57 AM

It all depends on how the market will behave. If the market grows, all tokens will grow as well. Therefore, you need to closely monitor the exchange's news and market news.

*Most* big alts will pump, but not all of them, as it was said.
Still, I agree with you - look after the market and spot the gems Tongue

Or play safe and just get big alts for the time BTC still is rallied heavily.

betswift

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Quote from: l99l on November 13, 2024, 08:09:45 AM

Quote from: CTM_Marketing on November 13, 2024, 07:17:57 AM

It all depends on how the market will behave. If the market grows, all tokens will grow as well. Therefore, you need to closely monitor the exchange's news and market news.

When the market grows, not every token will rise, as it was the case in past bull markets.
Tokens with good potential and good projects rose, while some useless ones disappeared on their own.
A lot of them will disappear in every cycle. I'm not saying BNB is one of them, don't get me wrong.

Yep, some will pump more, some won't at all, and some will get 2-3% up only Roll Eyes

Depends on many factors and the coin we are talking about, however, the trend is seen of course, and felt by everybody.

l99l

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Quote from: CTM_Marketing on November 13, 2024, 07:17:57 AM

Quote from: VicManton on November 13, 2024, 05:48:45 AM

Quote from: AVE5 on March 28, 2024, 04:43:26 AM

BnB is one of the reputable AltCoins that has the potentials for long term holding so if you're interested in investing in the coin then you can always buy and holding whenever it's convenient for you.
Considering the value now and sitting back til the price goes below to your expectations is something that can't be girsnteed because the future prices of crypto currencies is usually unpredictable but all of assumptions. So let your heart lead you Op.

Well, I have try to look beyond what I can get out of the market immediately and I now look into getting a wider value from holding a native exchange token and a good example is BGB where one could be part of the a pro trader community and other beneficial things can be shared with all participants and I can get to know other potential tokens from it, so for me, that will be a double way to make the best from the market. https://t.co/3g7rCZQPRi

It all depends on how the market will behave. If the market grows, all tokens will grow as well. Therefore, you need to closely monitor the exchange's news and market news.

When the market grows, not every token will rise, as it was the case in past bull markets.
Tokens with good potential and good projects rose, while some useless ones disappeared on their own.
A lot of them will disappear in every cycle. I'm not saying BNB is one of them, don't get me wrong.

CTM_Marketing

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Quote from: VicManton on November 13, 2024, 05:48:45 AM

Quote from: AVE5 on March 28, 2024, 04:43:26 AM

BnB is one of the reputable AltCoins that has the potentials for long term holding so if you're interested in investing in the coin then you can always buy and holding whenever it's convenient for you.
Considering the value now and sitting back til the price goes below to your expectations is something that can't be girsnteed because the future prices of crypto currencies is usually unpredictable but all of assumptions. So let your heart lead you Op.

Well, I have try to look beyond what I can get out of the market immediately and I now look into getting a wider value from holding a native exchange token and a good example is BGB where one could be part of the a pro trader community and other beneficial things can be shared with all participants and I can get to know other potential tokens from it, so for me, that will be a double way to make the best from the market. https://t.co/3g7rCZQPRi

It all depends on how the market will behave. If the market grows, all tokens will grow as well. Therefore, you need to closely monitor the exchange's news and market news.

VicManton

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Quote from: AVE5 on March 28, 2024, 04:43:26 AM

BnB is one of the reputable AltCoins that has the potentials for long term holding so if you're interested in investing in the coin then you can always buy and holding whenever it's convenient for you.
Considering the value now and sitting back til the price goes below to your expectations is something that can't be girsnteed because the future prices of crypto currencies is usually unpredictable but all of assumptions. So let your heart lead you Op.

Well, I have try to look beyond what I can get out of the market immediately and I now look into getting a wider value from holding a native exchange token and a good example is BGB where one could be part of the a pro trader community and other beneficial things can be shared with all participants and I can get to know other potential tokens from it, so for me, that will be a double way to make the best from the market. https://t.co/3g7rCZQPRi

mich

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Well now BNB is up 10 percent in the last 7 days. 1 BNB token is now $608, I think we are going to still see more 'bullish' profits out of this token.
And this week the BNB Chain traded more voluem then Eth and Solana. It was more then $2 Billion in trading just for the 1 day.
https://thedefiant.io/dex-trading-volumes-on-bnb-chain-flip-ethereum-and-solana

AVE5

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BnB is one of the reputable AltCoins that has the potentials for long term holding so if you're interested in investing in the coin then you can always buy and holding whenever it's convenient for you.
Considering the value now and sitting back til the price goes below to your expectations is something that can't be girsnteed because the future prices of crypto currencies is usually unpredictable but all of assumptions. So let your heart lead you Op.

EarnOnVictor

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Quote from: Bureau on March 24, 2024, 01:01:48 AM

A few days back BNB was in the process of breaking its previous ATH but it could not due to the correction. Now it is again at the same price point where it was previously before the short bull runs. Another push will happen in the price of Bitcoin as soon as the halving is over. At that time BNB might break its ATH and it. That is why I think now is the best time to invest in BNB apart from the price gain you can stake BNB and if you have BNB stored on Binance then you can win good airdrops of new projects that will get listed on Binance.

BNB is a very good coin, it proves it in the last bull runs and proves it again, and truly, in the next few months, it could hit the ATH again. The only regret I have about this coin is that I did not follow my mind and plan about it, it would have been nicer for me if I had kept the future trading's buy position I initiated around $200 when Binance was having the SEC issues. I knew the negative effect on the coin would be temporary, but the plan was not actualised well. Angry

I would have been in big money now, but for some kind of fear and avoidable of greed, I closed it and never bought it again. Mind you, a lot of reasons are making BNB to rise, and one of them is the speculation of big investors, which I believe some of them will be within the circle of Binance and its associates apart from the BSC system. You can see how dangerously the coin moved within a month, it was so scary, to say the least.

mich

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Well now the the price of 1 BNB token is now $590. If you do hodl this token I think we are going to see some big profits when BTC halving does happen.

There has been alot of growth in the Binance ecosystem. There is some 'bullish' signs we will see $700.

https://www.banklesstimes.com/news/2024/03/26/bnb-price-prediction-binance-coin-to-hit-dollar700-if-this-happens/

Y3shot

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I can't really predict BNB what is going to be the out come in this bull market, but since the coin started increasing I haven't see good value in it and I don't know how the value will be by the end of the bull market. I will prefer to invest in bitcoin instead of BNB, no good increase in BNB as bitcoin is increasing. Since am not sure about BNB, I won't go for it, instead I will rather go for bitcoin that can be bring more profit in the bull run.

mich

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Well now it is more since last time I did check its price here. The price of 1 BNB token is now $553. It is up more then $170 for each coin just in the last month.

I do still think now is a good time to buy this token. https://www.cointribune.com/en/binance-coin-bnb-ready-to-shatter-its-ath-whats-fuelling-this-surge/

Essential10

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Quote from: xeqoRameshAxueamExaqana on March 10, 2024, 06:19:04 PM

for now I think buying BNB is too late.
because the current BNB price is already above 500 dollars. although if only to get profit it is never too late. but if you want to get a big profit and a lot, it's too late because the price of BNB will be very difficult to break through at the price of 1000 dollars.

BNB has pumped the quotient quite a bit with the rise of Bitcoin. BNB prices I saw above $630 this month but currently looking between $550-$560. BNB is still far from its past highs. I think investing in BNB will not be too wrong. It is very difficult to predict whether BNB will reach $1k in the next bull season, but I expect BNB to stay around if it doesn't reach $1k.

Bureau

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A few days back BNB was in the process of breaking its previous ATH but it could not due to the correction. Now it is again at the same price point where it was previously before the short bull runs. Another push will happen in the price of Bitcoin as soon as the halving is over. At that time BNB might break its ATH and it. That is why I think now is the best time to invest in BNB apart from the price gain you can stake BNB and if you have BNB stored on Binance then you can win good airdrops of new projects that will get listed on Binance.

2Pizza410000BTC

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Quote from: mich on February 24, 2024, 04:49:21 AM

Well BNB coin has done some good gains now that we are in a 'bull run'. The price of 1 BNB token is now $380. The last time I did see the price of the token it was $300 so some good gains.

We do not know what is the reason for these big gains. Price of Bitcoin is up but not in last 7 days like BNB.

https://cryptopotato.com/possible-reasons-behind-the-binance-coin-bnb-price-rally/

Binance Coin BNB is currently in a better position. Binance Coin has recovered its price so much in a few days that it is hard to imagine. The BNB market rose to $645 when the Bitcoin market moved to around $74,000. From there I assumed that BNB would recover its price this season and generate new ATH. But after settling at $645, it came down slightly on market dumping and currently stands at $553. When Binance CEO CZ was found guilty in an anti-money laundering case, the price was heavily dumped. Binance CEO CZ then appoints a new CEO to ensure that his platform does not suffer and passes the platform's burden to the new CEO. Later all the issues were slowly resolved and Binance Coin improved its price a lot.

Promocodeudo

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investment decision is personal, no one is suppose to decide for an investor on what to investment on, but an investor insist that he or want an advise to that effect, he or she should not rely on here say, it is important for an investor to cross check what he want first before investing in such commodity or asset fully.
If I may advice, BNB is one of those coin that has shown potentiality since this period of Bitcoin pump up, so I don't think that it is a bad idea to invest in such a coin, and again this coin has always been their for a long time thats to say that long term investment in this coin is assured.

Kristiyana

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Quote from: Muslimin mj on March 23, 2024, 12:38:20 PM

Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 AM

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

in my opinion it is never too late to invest long term, especially on binance because we all know that binance is one of the largest crypto markets. BNB will definitely continue to rise in the future. However, if you want to invest in the short term then in my opinion it is too late to buy BNB now because the price of BNB is already relatively high and has the potential to fall again in the future.

Well Said, in my own opinion I think is not too late for you to buy BNB that's if you want to hold it for Long term investment, because I'm pretty sure that BNB still have a potential to increase even more.however timing the market sometimes is good so as to know when to sell or buy coin, it also makes one to lose opportunity, probably you might be waiting for the price of BNB to go down before you will invest and you will be surprise that the value will still increasing the more, at this point you begin to regret. I think holding BNB for a long term is the best, there are some people who are currently buying BNB regardless to the price, and they can decide to make long term investment with it,so I think you're in the right position to chose when you will buy, and when not to buy.

niall51

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 AM

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

never time the market, buy if you are mentally prepared and so on because if you keep delaying you will miss out on making your own BNB, it's still very worth it to buy now, my prediction is that BNB can still rise 2-4x in times of bullish market

Muslimin mj

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 AM

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

in my opinion it is never too late to invest long term, especially on binance because we all know that binance is one of the largest crypto markets. BNB will definitely continue to rise in the future. However, if you want to invest in the short term then in my opinion it is too late to buy BNB now because the price of BNB is already relatively high and has the potential to fall again in the future.

2Pizza410000BTC

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 AM

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

The opportunity to buy BNB is already missed. There were many opportunities to buy from BNB dip. If I had known earlier that BNB would improve its price a lot and get closer to recovery, I would have bought some BNB coins and invested and held them. At one point I bought BNB but as the price fell so much I sold BNB at a loss and bought Ethereum to hold. During this pumping season BNB price improved to $645 and some price improvement would have created new ATH of BNB coins in the market. But it is expected that BNB will recover its price and generate new ATH soon within this month. But those who want to invest can either invest or wait for the dumping if there is any market dumping.

xeqoRameshAxueamExaqana

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for now I think buying BNB is too late.
because the current BNB price is already above 500 dollars. although if only to get profit it is never too late. but if you want to get a big profit and a lot, it's too late because the price of BNB will be very difficult to break through at the price of 1000 dollars.

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