Should I buy BNB now? - page 10. | Bitcointalksearch.org

Franctoshi

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Quote from: dimonstration on February 23, 2023, 10:38:09 AM

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?

Buying BNB while CZ is the hot target of US government to hunt down like buying a time bomb. Also BNB grown a lot and the highest profit that you can get assuming that it will beat its peak price was only around x3 of your investment in comparison with other project that down more than x3 in value from their peak.

I knew CZ is tough but he can’t do anything once huge player gang up on him and set him up with a massive trap. I highly suggest to stop investing on BNB and focusing on another promising project like TON.

Yes, same thought here mate, the lawsuit case will have a slow growth impact on the price of BNB in the coming bull run, just as what happened to xrp, though BNB has more use cases than xrp currently because of its use in paying gas fees, maybe think of investing a small portion of your fund in BNB if you care and look for a more promising coin.

I_RodimusPrime

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Quote from: jacafbiz on July 21, 2023, 10:38:48 AM

With all the FUD that Binance has suffered, the exchange is still the main exchange in the space shows something, that Binance is here to stay. The token dumped seriously and the price has not caught up with the recent pump in the market, out of all the top project in the space in terms of fundamentals BNB is still the most undervalued, they are launching new L2 soon, as we enter the bull market there will be increase in number of projects listed on Launchpool and Launchpad all these will drive the price up, this is a free 10X to me the risk to reward is very low, and I will be adding to it with time, especially if the price dumped

Yesterday brought 2 BNB, I will buy more once it hit back again 180-190$ area.

jacafbiz

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With all the FUD that Binance has suffered, the exchange is still the main exchange in the space shows something, that Binance is here to stay. The token dumped seriously and the price has not caught up with the recent pump in the market, out of all the top project in the space in terms of fundamentals BNB is still the most undervalued, they are launching new L2 soon, as we enter the bull market there will be increase in number of projects listed on Launchpool and Launchpad all these will drive the price up, this is a free 10X to me the risk to reward is very low, and I will be adding to it with time, especially if the price dumped

Shamm

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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 reality it's up to us if we buy this season as we all know that every one of us want to get profit in the future so in my own perspective I do believe that It's still worth it if we buy some BNB for now because BNB is one of the best coin to invest and also when I buy BNB then for sure I will hold BTC too cause once the price of BTC will rise then there's a chance that the price of BNB will rise too.

Zee27

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Quote from: QueenVera on July 21, 2023, 09:01:58 AM

Quote from: RewFrew on July 19, 2023, 12:59:32 PM

So i can advice you if you want to invest on crypto currency you can invest on bnb. I think when bull session will come then BNB price will go new ATH. And easily bnb price will hit $1000 within short time. So you can buy BNB without confusion.

Buying BNB at $250 is a good decision because when BNB gets to $1k that means you made 3x on your investment and I think $1k is the least BNB will trade during the end of the bull market. I think we can see BNB trading between $3k to $5k because of the potential of the coin and the constant burning of the circulating supply that the team is always doing quarterly.
The quarterly burns increases BNB scarcity and increase the demand of the coin by investors, also since BNB is needed to participate in launchpad tokens, people are holding BNB for that purpose and it's also reducing the circulating supply that's available for trading. And too we have investors that have staked millions of tokens when combined together.
BNB should be among the coins you'll be buying for the bull market and now is the perfect time to start accumulating them because soon they'll be worth more than it's currently trading. BNB is high value project but still have big potential since it isn't costly yet but that won't last for too long because as the bull market get closer more investors will be buying BNB

No fud but I really do not see this happening especially with Binance having issues with the SEC and having exited the the US Canadian markets. Some of their features have been halted in Australia as well and from the recent review by TokenInsight I think BGB is a more viable investment for me.

QueenVera

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Quote from: RewFrew on July 19, 2023, 12:59:32 PM

So i can advice you if you want to invest on crypto currency you can invest on bnb. I think when bull session will come then BNB price will go new ATH. And easily bnb price will hit $1000 within short time. So you can buy BNB without confusion.

Buying BNB at $250 is a good decision because when BNB gets to $1k that means you made 3x on your investment and I think $1k is the least BNB will trade during the end of the bull market. I think we can see BNB trading between $3k to $5k because of the potential of the coin and the constant burning of the circulating supply that the team is always doing quarterly.
The quarterly burns increases BNB scarcity and increase the demand of the coin by investors, also since BNB is needed to participate in launchpad tokens, people are holding BNB for that purpose and it's also reducing the circulating supply that's available for trading. And too we have investors that have staked millions of tokens when combined together.
BNB should be among the coins you'll be buying for the bull market and now is the perfect time to start accumulating them because soon they'll be worth more than it's currently trading. BNB is high value project but still have big potential since it isn't costly yet but that won't last for too long because as the bull market get closer more investors will be buying BNB

Hildentine

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According to my experience is that bnb is a very strong project but according the situation I can't suggest you buy because its not clearly chance that are up in this year in this time investment are so risky.

Zaichonok

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Now it is ver difficult time for Binance. But Binance have already made a lot and this exchange have already proven that it can solve its problems. So I think that everything will be OK with Binance and BNB.

yazher

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Quote from: gurunanakji777 on July 19, 2023, 06:27:10 AM

I will say this: if you believe BNB is a good coin with the potential to rise, you should buy it instead of seeking others' opinions. However, since the SEC declared many coins as securities, the growth of several coins, including BNB, has been hindered. BNB hasn't seen a significant rise since then, but in my opinion, it's still a promising coin. There has been some movement in the market recently after XRP was removed from the security category, bringing a positive impact.

The good thing about them is when they are facing these calamities, they don't seem to find a reason to stop their development and updates because they know that they are truly legit and doing all they can to both give their investors the best product they could get and at the same time not putting their company at risk by doing any illegal activities. The only risk you take to invest in their coins is low but the profit is also not that high since they are not going anywhere at the current time because of the SEC's pressure against them. maybe after they are one with SEC, they will gonna earn massive numbers of investors which will gonna be the reason for their coin to pump up.

VFalcon

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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?

If you are sorry to spend your money on investing in BNB, you can easily win money for the web3 quest from TFS https://zealy.io/c/fairspin/questboard. The conditions of participation are simple, and it is not difficult at all to get a part of the prize. The event will last until July 27, so make time to get the right amount of xp

timoshani

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Quote from: gurunanakji777 on July 19, 2023, 06:27:10 AM

I will say this: if you believe BNB is a good coin with the potential to rise, you should buy it instead of seeking others' opinions. However, since the SEC declared many coins as securities, the growth of several coins, including BNB, has been hindered. BNB hasn't seen a significant rise since then, but in my opinion, it's still a promising coin. There has been some movement in the market recently after XRP was removed from the security category, bringing a positive impact.

Now it is difficult to speak this or that news, or the action had an impact on the fact that the market is not particularly moving. We can say that now we are seeing a time of freezing or lull. But this is always before a decline or growth. Therefore, everyone decides whether to take risks in this regard. You can distribute promising coins for investments for yourself by risk level. And already chosen. But it is mandatory to invest no more than 30-50% of your portfolio.

RewFrew

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BNB is best currency i think. It is own coin of Binance. It’s future is bright there has no doubt. Two years ago BNB price was ATH then BNB price hit $690. It is highest price for bnb. Now bnb price near about $250. It's price will increase there has no confusion. I think BNB is best coin for investment. If anyone invest on bnb he will must be benefited.

So i can advice you if you want to invest on crypto currency you can invest on bnb. I think when bull session will come then BNB price will go new ATH. And easily bnb price will hit $1000 within short time. So you can buy BNB without confusion.

Oneandpure

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Quote from: Ahli38 on July 19, 2023, 06:52:23 AM

So true. And actually BNB is one of the Altcoins that hasn't had a high rise again after last season's bullish season. So it can be said that currently the price is still in a decent area for accumulation. but that's just from my point of view. Everyone has a different view of course about this. so DYOR.

I personally see the potential for BNB whose supply will decrease due to routine burning. Even recently BNB has Burned their coin back almost 2 million coins.

Sourch:twitter Binance

Still not have good impact yet with BNB coin after burning and last launchpad Binance grow up few percent but going drop again after launchpad finish. I have been one month have to hold BNB coins due price going drop drastically from investing in $320 and current price today $240. Disappointed with BNB coin not have good progress almost one month price keep going down and don't have good progress how to make BNB move up above $300. Burning supply with BNB not effective yet because other side they have unlock more bigger supply than burning supply coins, I think BNB need have new ideas how make launchpad twice in a month and BNB potential back to higher price again.

Ahli38

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Quote from: gurunanakji777 on July 19, 2023, 06:27:10 AM

I will say this: if you believe BNB is a good coin with the potential to rise, you should buy it instead of seeking others' opinions. However, since the SEC declared many coins as securities, the growth of several coins, including BNB, has been hindered. BNB hasn't seen a significant rise since then, but in my opinion, it's still a promising coin. There has been some movement in the market recently after XRP was removed from the security category, bringing a positive impact.

So true. And actually BNB is one of the Altcoins that hasn't had a high rise again after last season's bullish season. So it can be said that currently the price is still in a decent area for accumulation. but that's just from my point of view. Everyone has a different view of course about this. so DYOR.

I personally see the potential for BNB whose supply will decrease due to routine burning. Even recently BNB has Burned their coin back almost 2 million coins.

Sourch:twitter Binance

carlisle1

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Quote from: jossiel on July 18, 2023, 10:19:00 AM

Quote from: Dessy88 on July 16, 2023, 12:45:03 PM

I don't think the price of the bnb can drop that much and you can buy at that time. BNB marketing is expanding rapidly and their number of investors is increasing every day so you will never get a big dip.

They don't need any marketing anymore because BNB is already famous and the reach that it has got is too wide.

In terms of popularity, I guess you are right, BNB as a platform already gains a lot of attention, though in terms of the coin itself,

still need that support and if marketing is one of those good ways to attract more investors and supporters
they should still consider promoting the project itself with all the features and usages.

Quote from: Dessy88 on July 16, 2023, 12:45:03 PM

If you don't want to buy now then you can trade where your profit will be less but you won't be short of money.

If someone is long term on BNB, he has to take note that the time now is a considerable time to buy. Before the bull run, everything is cheap.

And when that comes, you might never see the price that it has been before and I've seen it happen for some altcoins and possible for BNB.

It's timing to invest that matter in every project/coin that you will going to invest in, with good anticipation you'll be able to earn decently.

Topic: Should I buy BNB now? - page 10. (Read 3050 times)