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Topic: Should I buy BNB now? - page 19. (Read 3031 times)

hero member
Activity: 1148
Merit: 518
March 03, 2023, 05:58:56 AM
#73
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I think its all up to you, you can get the others suggestions but you need to make your own decision on investing it is money involve and the one who will suffer is you when it will become failed. Sometimes we wanted to know about what expert think about the particular coin if it is good to hold or to trade but even expert do not know exactly what will happen next to every crypto coin after it rise or fall only one thing for sure you are the one who will suffer if you loss so make a good decision.
You should conduct thorough study before investing in coins. Nothing could convince you to go bagged coins, especially when the market is bearish and the charts and candles are red downtrend candles. It's very easy to bag money on your own; when it hits ATH, you enjoy the gains, and when it hits ATL, you take sole responsibility for the losses and guilt. It all comes down to knowing which highly credible projects to invest in and having strong entrances on cryptocurrencies, whether they are in the dump or the bull. Since BNB is a native token of Binance, it will undoubtedly have a bright future. I am currently holding some of the coins in anticipation of significant gains in the near future.
hero member
Activity: 952
Merit: 779
March 03, 2023, 05:31:36 AM
#72
Today we see a very fast correction. But for me this is an opportunity to accumulate more BNB. Because BNB is one of the altcoins that I keep collecting. because I always want to be ready when Binance has Launchpad. But I'm not suggesting anyone to follow what I do. because the current market volatility is very strong. last year in March it still signifies a green market. but it looks like this year the market will likely be a little red. This is due to BTC's sideways position in the 21k-25k area. and in past years in April it has always been a red market. but I hope that this year the market will continue to strengthen and continue to be green. so I think we should still be careful. but I have become accustomed to buying on red and selling on green. DYOR.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
March 03, 2023, 05:21:44 AM
#71
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
We couldn't expect anything in this year, because the price could drop tomorrow or even to the moon, no one can predict that. But to make sure though, BNB is being used in their exchange called Binance and you can see the use-case of this coin there so the price at least will be maintained to the point it's not going to be worthless. You can jump to invest BNB but still be aware with anything happened.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
March 03, 2023, 04:52:52 AM
#70
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I think its all up to you, you can get the others suggestions but you need to make your own decision on investing it is money involve and the one who will suffer is you when it will become failed. Sometimes we wanted to know about what expert think about the particular coin if it is good to hold or to trade but even expert do not know exactly what will happen next to every crypto coin after it rise or fall only one thing for sure you are the one who will suffer if you loss so make a good decision.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
March 02, 2023, 05:59:30 PM
#69
The choice to return to yourself is actually because even in this condition everyone must have an opinion but I suggest not to follow other people's advice too much because the decision to buy or not is in our own hands.
We have to have our own research for that when you are sure then buy but when you feel unsure then don't force it because indeed the best advice is bitcoin if you still want to buy.
If it is from the majority, then it is worth giving a shot. Remember that the market price is determined by demand and demand on the other hand is determined by majority's engagement on that particular asset.

Also, BNB could be a bigger token in the future given that they are about to relase their next launchpad. It made a huge increase on its price due to its development on the recent years which makes it also a promising token. One of the launchpads are MATIC, ALPHA, LAZIO, PORTO and more (have read on an article). Also, it is an exchanger token which means that as long as the reputation of that exchanger would be remained good, then its downfall would be blurry.
hero member
Activity: 1666
Merit: 701
March 02, 2023, 01:42:33 PM
#68
The choice to return to yourself is actually because even in this condition everyone must have an opinion but I suggest not to follow other people's advice too much because the decision to buy or not is in our own hands.
We have to have our own research for that when you are sure then buy but when you feel unsure then don't force it because indeed the best advice is bitcoin if you still want to buy.
legendary
Activity: 2534
Merit: 1338
March 02, 2023, 01:29:54 PM
#67
if you're not constrained with BNB ecosystem then I'd say investing in aptos and other similar newer coins might be significantly more beneficial for you for the long term since they are the ones that gonna get massive increase in value. I think BNB will just stuck nowadays, many project are actually using the newer blockchain because these newer blockchain are the trend, but maybe eventually BNB will also rise.
BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.

If BNB is too risky to invest in, then I don't think we have any better altcoins to invest in, other than ETH, then BNB is the perfect choice to invest in the altcoin market. All altcoins are centralized and dependent on a certain organization or company, not just BNB. And binance is currently the dominant exchange in the market, if it collapses not only cause the death of BNB but also potentially wipe out more than 50% of this market. That's something no one wants to happen.
I think the very same thing, investing always involve risk but at the same time this risk can be diminished greatly if we invest in good coins and we keep ourselves alert in the case something happens, and investing in BNB is probably one of the best options we have at the moment, the only problem is that as we know behind BNB there is a centralized institution and if that institution begins to show problems then the value of this token can go down extremely quickly.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
February 27, 2023, 05:14:30 AM
#66
if you're not constrained with BNB ecosystem then I'd say investing in aptos and other similar newer coins might be significantly more beneficial for you for the long term since they are the ones that gonna get massive increase in value. I think BNB will just stuck nowadays, many project are actually using the newer blockchain because these newer blockchain are the trend, but maybe eventually BNB will also rise.
BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.
I wouldn't say that it depends on the "development" of it but how much it is used. Considering it is probably %50 of all trades in all exchanges, and basically half of all the spot trading happens there, I could say that even if it doesn't develop further, if it keeps this up then BNB will stay valuable.

Right now, it is third highest cryptocurrency and it will stay like this as long as Binance is powerful. On top of that, there were tons of "bad" news regarding binance recently and even with all that negative information that people wrote as fact when it was just a rumor, people didn't leave it and the price kept on going higher anyway.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
February 27, 2023, 03:56:19 AM
#65
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
You can invest in BNB if you feel it will show good growth prospects over time. Also, net profit growth is something to look at before you plan a strategy and implement it.
do your research and analysis before doing it, and if you believe BNB can be profitable especially in the long term that's up to you, and if you are convinced after thorough research, and after that don't mind the price of BNB now because you can buy according to your ability and also gradually.
BNB is in my opinion a good altcoin after bitcoin and ethereum especially for the long term so the decision is yours provided you are willing to do some research before making a decision, and do it for the long term.
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
February 27, 2023, 02:47:31 AM
#64
if you're not constrained with BNB ecosystem then I'd say investing in aptos and other similar newer coins might be significantly more beneficial for you for the long term since they are the ones that gonna get massive increase in value. I think BNB will just stuck nowadays, many project are actually using the newer blockchain because these newer blockchain are the trend, but maybe eventually BNB will also rise.
BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.

If BNB is too risky to invest in, then I don't think we have any better altcoins to invest in, other than ETH, then BNB is the perfect choice to invest in the altcoin market. All altcoins are centralized and dependent on a certain organization or company, not just BNB. And binance is currently the dominant exchange in the market, if it collapses not only cause the death of BNB but also potentially wipe out more than 50% of this market. That's something no one wants to happen.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 27, 2023, 02:33:55 AM
#63
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I don't know if it's too late to buy BNB now or if it's not too late for you but right now, the price is on the decline and I thought maybe you could buy some. But if you are hesitant to buy BNB, I suggest you look for other coins with the same increasing chance. The consideration is that BNB prices are already high, although they could go even higher if there is an altcoin season. And if you still intend to buy BNB, make sure you buy at a price below $300 because that was the previous lowest price of BNB.

If you believe in BNB and dig into it, and learn about its quarterly burning mechanism, you will find the current price is not expensive, and it is still the best upside potential altcoins in topcoin. The risk of BNB is that it belongs to Binance and it is too centralized. I believe the majority of nodes of the BNB blockchain are being managed by CZ and are not distributed like ETH or other altcoins, and if Binance crashes, BNB will definitely be inevitable.
It might not be that expensive for some, but for others, BNB is now $300 and people might think it's better to invest in a cheaper coin. Yes, at least they can analyze themselves to find out whether they need to have BNB as their investment or choose another coin as their next investment. But as long as BNB still provides profit opportunities, I will still use it as a short and medium term investment. And when the price can reach under $300, that will be a good time to buy BNB.

If talking about investing in altcoins, besides ETH and BNB, what do you think is cheaper and safer than these 2 coins? To judge whether a coin is expensive or cheap, do not judge by its price, consider other factors such as potential, use cases, and supply...Like bitcoin, it is currently the highest priced coin on the market, but in terms of supply and utility, no other coin can compare, and its current value is still not the real value of it. It is worth a hundred times more now, so it will grow even more in the future.
Beginners or even those who have been in the crypto world for a long time or people who don't have much capital will look at the prices of the coins first. And if they think it's expensive, they will look for other coins, even though they can buy those expensive coins with a limited amount of money. But if it were bitcoin, it would be different because we have already seen how much potential bitcoin is in the future and that is why bitcoin is still the top choice in investing in crypto.

For other coins that are still cheap but have potential, you can look for them through your research. And for altcoins, I think we have many choices we can use as investments but of course, we have to research before buying.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
February 26, 2023, 06:55:48 PM
#62
I think BNB is only good for getting rewards from holding it, nothing more, there was no big good events coming from binance nowadays that could drive the increase in its value. instead even their staking rewards also isn't that good anymore. if that is the case investing in ethereum and bitcoin might be a lot better because they are starting to get bullish nowadays.
investing in BNB seems like wasting of money because as history have shown us, this BNB coin isn't rising even in bullish market, I doubt it's gonna have bright future but the fact that this BNB getting backed up by binance is such massive helps for this coin in retaining its value, if not for the fact that this coin is owned by binance I doubt it could even have half of its value, meanwhile bitcoin and ethereum continues to strive.

if you think you could change your choice of investments maybe choosing alternative gonna be better for you.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
February 26, 2023, 06:48:51 PM
#61
if you're not constrained with BNB ecosystem then I'd say investing in aptos and other similar newer coins might be significantly more beneficial for you for the long term since they are the ones that gonna get massive increase in value. I think BNB will just stuck nowadays, many project are actually using the newer blockchain because these newer blockchain are the trend, but maybe eventually BNB will also rise.
BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
February 26, 2023, 06:28:32 PM
#60
if you're not constrained with BNB ecosystem then I'd say investing in aptos and other similar newer coins might be significantly more beneficial for you for the long term since they are the ones that gonna get massive increase in value. I think BNB will just stuck nowadays, many project are actually using the newer blockchain because these newer blockchain are the trend, but maybe eventually BNB will also rise.
hero member
Activity: 1820
Merit: 537
February 26, 2023, 02:19:40 PM
#59
Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.

If aiming for long-term investment with a wide support from the community, we can secure that BNB is one of the best asset to invest
your money. With the current rankings, BNB is still in place.

Though there are factors that you still need to consider before deciding, but if you are into holding there's no doubt that you can use BNB as a good long-term asset.

Take time to continue your DYOR, then decide if you feel that you are comfortable holding and waiting.

I certainly agree with it. Rather than risking in other non potential coins especially nee projects, better stick to BNB which has proven us a lot. We can't question why it has a big community simply because lots of investors trust it.
We can't also deny the fact that it could boom during the bullish season so it will be a perfect choice when it comes to long term holding. BNB is one of the best coins that has provided me promising profit all through out the years.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 26, 2023, 01:57:04 PM
#58
Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.

If aiming for long-term investment with a wide support from the community, we can secure that BNB is one of the best asset to invest
your money. With the current rankings, BNB is still in place.

Though there are factors that you still need to consider before deciding, but if you are into holding there's no doubt that you can use BNB as good long-term asset.

Take time to continue your DYOR, then decide if you feel that you are comfortable to hold and wait.
legendary
Activity: 2534
Merit: 1338
February 26, 2023, 12:24:30 PM
#57
Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.
BNB is a good coin and it is way ahead most altcoins for sure, but just as we have seen with the FTX exchange those kind of tokens can collapse in days, and while I do not expect this to happen to BNB any time soon the possibility is always there and we must never let our guard down, if you can do that and you can keep track of BNB and the news surrounding the exchange then this is a very profitable coin in which you can invest, and you should do so before its price gets even more expensive during the next months.
hero member
Activity: 700
Merit: 673
February 26, 2023, 10:29:30 AM
#56
No time is ever too late to buy any crypto; it is just your decision to make, not minding what the Fed or any government is saying or what its target is against that crypto; if your analysis proves otherwise, then I advise you to buy it. 

FUD is FUD. If binance/busd down then whole crypto will be dead.
Are you typically saying that Binance's BND is what's holding the entire crypto market? 
Binance is a big exchange, and even if anything were to happen to Binance BUSD or BNB, it would only affect the crypto market for a while, just like what happened in the FTX incident in the past, but that wouldn't mean it was the end of crypto. We have already recovered from that, and we can also recover from whatever might come our way. Crypto enthusiasts are way wiser now. 
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 26, 2023, 09:14:29 AM
#55
Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.
hero member
Activity: 3010
Merit: 666
February 26, 2023, 07:00:22 AM
#54
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I won't say it was too late or not, but buying BNB is a good idea. If you don't have any of them, you better not waste your time and buy now.

BNB is one of the promising crypto project which is means that investing this will certainly give you a profit in the future. Of course, we can't just think about quick returns, holding seems needed in order to make it possible. Might it drop this year, nobody knows exactly but as long as you are holding until the next Bull season then there is no problem with that.
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