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Topic: Should I buy BNB now? - page 17. (Read 3031 times)

hero member
Activity: 1680
Merit: 845
March 12, 2023, 10:32:07 AM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

You're not late to buy BNB or any best altcoins out there as long as you keep your holding and not easily getting FUD. Don't wait until the price drop because we don't know the future market right now BNB is at a discount price due to recent bad news about crypto out there.
Actually for the current conditions I think even though it's not too late and you can still buy in the long term but I think for now with btc conditions that are still unstable then it's better to think several times to enter now even if it's BNB.
It would be better if you were patient until the conditions really improved while waiting for more stable price conditions. But if you try to force it now, you can still do it, it's just that with the current conditions, holding on longer will definitely be done when you buy.
Actually, it's possibly a great time to purchase Binance, as its price has massively depreciated during the latest market crash, trending as low as $270. A few weeks ago, it was over $300; thus, it's quite a discount, especially if you were planning to purchase a large amount of coins. The market is still quite volatile, and prices are subject to change. I wouldn't be surprised if we even reach a new bottom due to the latest incident with the Silicon Valley bank, which resulted in the depegging of USDC and DAI.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
March 12, 2023, 09:50:38 AM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

You're not late to buy BNB or any best altcoins out there as long as you keep your holding and not easily getting FUD. Don't wait until the price drop because we don't know the future market right now BNB is at a discount price due to recent bad news about crypto out there.
Actually for the current conditions I think even though it's not too late and you can still buy in the long term but I think for now with btc conditions that are still unstable then it's better to think several times to enter now even if it's BNB.
It would be better if you were patient until the conditions really improved while waiting for more stable price conditions. But if you try to force it now, you can still do it, it's just that with the current conditions, holding on longer will definitely be done when you buy.
hero member
Activity: 952
Merit: 552
March 12, 2023, 08:49:37 AM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

What are your intentions with regard to buying BNB, and how much do you intend to buy? Bnb is a utility token for Binance that offers various advantages to traders. If you decide to purchase it for this purpose, I recommend doing so in particular to take advantage of the discount if you are a regular trader. Launchpad is another option; it represents BNB's sweet side. You will receive a ticket for the Binance Launchpad when you possess a particular quantity of BNB, and if you are chosen, you will be paid a respectable sum. If you're buying as a diamond hand, buy it now when the price is lower, then move it to your external wallet in preparation of the next bull run.
hero member
Activity: 1666
Merit: 453
March 12, 2023, 03:30:17 AM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

That depends on you, if you think that it has dropped a lot now compared to last month, then buy it, now if you think that its value will decrease even more, the decision is still up to you.

Or maybe you should do a little research about bnb news so that you know whether or not you should buy this token, after all it is one of the ones that we can say has potential and can provide a good profit in our future.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
March 12, 2023, 03:56:47 AM
I think right now it’s worth buying a little, but not for all the savings, because many predict a recession or market correction even lower, for example, bitcoin should correct to $18,000, many are already talking about this, when the price approaches this value, you can buy on the whole cutlet, because the rest of the coins depend on bitcoin.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
March 11, 2023, 05:44:16 PM
It's the same as investing in a bank, i would stay away from exchange chains/tokens they are likely to completely disappear overtime and go to 0.

BNB isn't an ordinary exchange token. Its a coin used for transactions fees on BNB chain. So, I dont think this can goto zero. For now, we are in bear market. Coins like Bitcoin, ETH, BNB and some other popular top coins are safe to buy.
jr. member
Activity: 1708
Merit: 3
March 11, 2023, 04:41:09 PM
Not a good time to buy mate.The market is bearish at the moment and altcoins prices are going down day by day.Think it is better to wait and see what will happen next before buying anything to avoid loosing some funds.Things are not looking good at the moment.
full member
Activity: 1708
Merit: 126
March 11, 2023, 03:14:43 PM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
it looks like for now BNB prices are still under $300. in my opinion, with that price, it's still worth the bnb to get. bnb is an altcoin that has a good future and it is possible that the price of bnb will exceed its current price in the future. I am optimistic that the price of BNB will be even better in the future
BNB is actually one of the best option to invest with. I'm still accumulating a good amount of it since the price is still reasonable to buy. When it comes to long-term investment, BNB has been one of the best choices because it rises along with other top coins during the bullish season. If we'll wait a little longer for its price to drop, we might only lose the chance to buy at a profitable value.
newbie
Activity: 20
Merit: 0
March 11, 2023, 02:58:50 PM
It's the same as investing in a bank, i would stay away from exchange chains/tokens they are likely to completely disappear overtime and go to 0.
full member
Activity: 1036
Merit: 100
March 11, 2023, 01:05:00 PM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
it looks like for now BNB prices are still under $300. in my opinion, with that price, it's still worth the bnb to get. bnb is an altcoin that has a good future and it is possible that the price of bnb will exceed its current price in the future. I am optimistic that the price of BNB will be even better in the future
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
March 11, 2023, 07:15:25 AM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

You're not late to buy BNB or any best altcoins out there as long as you keep your holding and not easily getting FUD. Don't wait until the price drop because we don't know the future market right now BNB is at a discount price due to recent bad news about crypto out there.
full member
Activity: 532
Merit: 100
March 11, 2023, 05:39:03 AM
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I think for a type of crypto like BnB it's never too late if you have plans to invest in it, for the current price I think BNB will be able to give you profits in the future, investing in bnb or binace is a convincing investment, and for Bnb prices there is still a chance to be more interesting
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
March 10, 2023, 06:13:49 PM
you should just accumulate, whether there's gonna be huge drops in the future no one knows but only speculate, if you think you have the means of accumulating BNB then I guess even right now is suited time mainly because your success of holding coin depends in your patience, currently most of the coins are already down massively compared to when bullrun anyway so basically you're already got a good start in your holding of altcoin so better chance of getting good returns.

Better to assess and buy when you are convincing that the market will pump and bring you the profits that you are aiming,
it's not easy but if you will do your DYOR the chance is high for you to earn.

Most of the time, those who buy while the market is in red are the one who earn decently, just believe in what you study and take advantage of the opportunities to manifest profits from this market.
member
Activity: 2044
Merit: 16
March 08, 2023, 09:09:13 PM
We are still in bearish market so it is the best tie to buy any crypto assets you want to hold to take profit in the next leg up or even on the coming of the bull market seasons. For BNB side, it has great potential to gain its momentum on the next bull market where it is down almost half hence the downfall of the market last 2021. So, always DYOR always in anything involving with your hard earned money.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
March 08, 2023, 06:38:09 PM
#99
you should just accumulate, whether there's gonna be huge drops in the future no one knows but only speculate, if you think you have the means of accumulating BNB then I guess even right now is suited time mainly because your success of holding coin depends in your patience, currently most of the coins are already down massively compared to when bullrun anyway so basically you're already got a good start in your holding of altcoin so better chance of getting good returns.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 08, 2023, 04:50:03 PM
#98
Day trading is in fact a very time consuming activity, many people see it as the best way to earn money in the markets but the truth is that unless you have enough time then you could stare at your screen for hours and not find a single trading opportunity, wasting a significant amount of time in the process, so for those that already have jobs which take most of their time and energy it is better that they just become long term holders as not only is easier but it consumes almost no time at all.
Agree with what you're saying because obviously we have to stare at the screen from time to time to guard against all eventualities.
Even though this is still very feasible to do, on the other hand this will also take up time and conditions from oneself.
Momentum must be maintained and cannot be missed in daily trading so I really think that even with this condition it is still possible, but I think this is too risky in the end.
indeed you must always have a priority scale, if you are still doing work that is done every day and really requires a certain amount of time, it is better to keep doing the job and let it trade for a long time, because it will not interfere with daily activities.
but if there is really no other work and only doing trading then it must be optimized so that it can indeed produce the best. although it is not very easy.
but if it is carried out with diligence and always analyzes well, then daily trading can also provide good results, just like routine work in general, you don't need to be discouraged from wanting to do that.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
March 05, 2023, 04:58:45 PM
#97
Day trading is in fact a very time consuming activity, many people see it as the best way to earn money in the markets but the truth is that unless you have enough time then you could stare at your screen for hours and not find a single trading opportunity, wasting a significant amount of time in the process, so for those that already have jobs which take most of their time and energy it is better that they just become long term holders as not only is easier but it consumes almost no time at all.
Agree with what you're saying because obviously we have to stare at the screen from time to time to guard against all eventualities.
Even though this is still very feasible to do, on the other hand this will also take up time and conditions from oneself.
Momentum must be maintained and cannot be missed in daily trading so I really think that even with this condition it is still possible, but I think this is too risky in the end.
member
Activity: 868
Merit: 12
March 05, 2023, 04:51:15 PM
#96
No time is right to bag in crypto and since my existence in space, I don't think there's ever a time right. We just need to try and adapt to every situation cuz bear season will always come and go.

Invest wisely but always prepare for everything.
legendary
Activity: 2534
Merit: 1338
March 05, 2023, 01:46:53 PM
#95
With the value that BNB has now, I think yes it is good to buy now, because from 304$ last 3 days ago now it dropped to less than 300$ and then just held again.

In times like this, I don't think it's a good way to do day trading, especially if we know ourselves that we're not that deep in trading activity, instead just long-term holdings first while we're still in the process of learning level.

Day trading doesn't really work for me because beside from the fact that I got a day job, day trading consumes a little extra time for me rather than taking some time to rest for a long tiring day at work. But for the others, it works really fine for them as long as they can manage their time perfectly and it is not just BNB, there's actually a lot of worthy coins to trade and especially if you're trying to hold for a long-term.

But for the OP's question if we can expect a huge price drop this year, I think there's no definite answer for that question but it's much safer to expect it because these coins are volatile and will move in an unexpected manner. That is why we should just invest the funds we can afford to lose because these things are not guaranteed.
Day trading is in fact a very time consuming activity, many people see it as the best way to earn money in the markets but the truth is that unless you have enough time then you could stare at your screen for hours and not find a single trading opportunity, wasting a significant amount of time in the process, so for those that already have jobs which take most of their time and energy it is better that they just become long term holders as not only is easier but it consumes almost no time at all.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
March 05, 2023, 01:29:43 PM
#94
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

With the value that BNB has now, I think yes it is good to buy now, because from 304$ last 3 days ago now it dropped to less than 300$ and then just held again.

In times like this, I don't think it's a good way to do day trading, especially if we know ourselves that we're not that deep in trading activity, instead just long-term holdings first while we're still in the process of learning level.

Indeed! if you are not sure with your knowledge better to choose long-term investment instead of trying to sort the day-to-day trading
process, very risky and if you are unsure of your strategy, it can burn your capital.

There are people who are willing to work with day trade for sure and BNB is one of the moving asset that they can use if they are willing to gamble.

Do a deeper research before doing your decision in terms of buying assets as an instrument of your investment.
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