Topic: Should I buy BNB now? - page 2. (Read 2845 times)

The price of this coin is still low enough to invest in BNB Coin. There are many of us who are eager to invest in a coin when they see it rising in price, but many don't want to invest in that coin when its price is low. Similarly, due to the increase in the price of BNB Coin, now many people expressed interest in investing in this coin. When the price of BNB Coin was below 300 dollars, ie 250 or 270 dollars, many people did not express interest in investing in this coin.

Today in the market cap I saw the price of BNB coin is 380 dollars, this coin has increased quite well for a few days. Many of us can expect the BNB coin price to touch $600 when bullrun starts.

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/

I am also expecting for it to move higher and that's what we can expect from it. We're not yet in the bull run but for sure that it's going to be higher than it was. The ATH is not yet close to the price that we're having currently but it is the goal of mine before I sell it. It's going to take time until I see it move with the price that I am waiting for me to take profit.

We definitely will but we have to be patient with it.

OP, perhaps you are a bit late if you are thinking of buying BNB now But if you are thinking of buying and holding it for the long term then no problem you can still buy it. On the other hand, there maybe a chance of price drop during or before halving event it may give you a chance again if you would be interested in buying at that time. well For the long term no matter as we buy and hold it until we fetch near to our goal points.

In my case, I am not holding BNB so my best recommendation is that never ask any budy to invest or not you should do your own research and don't invest until you are not satisfied

It is not a misrepresentation of fact to say that BNB is one of the altcoins to reckon with and as a matter of fact, it was one of the most popular coins when it comes to how it performed dangerously bullish when it was moving higher until it gets to the current price. But we should never compare such like it to the likes of Bitcoin in our thoughts because they will never be appreciated by investors that way for long. I said that because BNB might have been getting to a crossroads where it will not perform as people think anymore. Aside from the fact that it is linked to the stock's capacity of Binance, it is such that could still be affected by bad news of the exchange over time.

No one can tell of the next bad news that Binance will be known for this year, so we should think ahead as such a great company will have more to hide than what was discovered last year. Secondly, when BNB was rising to prominence, Binance was seriously doing well which later earned it the number 1 exchange in the world. The BNB which is just like their stock rose so much due to that, but when they are there already, it may not do as astonishingly as people think anymore as it must have been priced in well already. It will only be moving with the wave of the prevailing sentiment henceforth. Well, that is my insightful thought.

but we can never know when such incidents happen. the disaster of Luna was very sudden for the crypto community, and no one got a chance to save themselves. lots of people lost thousands of dollars because of that. in this crypto world, we can't know when something like that happen again. so it is better to always keep the possibility in mind when making investment decisions.
BNB and Binance were also attacked many times. see what happened with CZ recently. and then so much fud was created against Binance and CZ by haters, but Luckily that BNB survived that. otherwise, it could've been a disaster like Luna and FTX too. but we never know if it would survive more incidents like that or not.

If we invest in any coin we have to have the mindset to hold it for a long time and be patient. We know that BNB Coin is one of the best alt coins. I myself am investing in this coin and trying to hold it for a long time maybe I will be able and get success from here. I bought this coin when it was under $300 but now it has risen to over $300 and I expect this coin to gradually increase in price. Maybe we can see the positive side of the market in the near future and we can also see the price of alt coins increasing.

I am holding BNB but I wouldn't this kind of words of affirmation to anybody. I'd be straight to the point and tell that I am holding it because I think that I'll make a profit on it in the future without having some fancy words.

That's true.
While many altcoin investors, don't like to admit that. But soon, they'll realize that it's one of the important factors while the altcoins market is thriving as well.

In my opinion, it's not too late to buy Bitcoin, Ethereum, or other cryptocurrencies like BNB. If you look at the market's historical price charts for top cryptocurrencies such as Bitcoin and Ethereum since their inception, they have consistently shown an upward trend, continuously increasing in value. We may not be certain which cryptocurrency will remain dominant in the long run, but Bitcoin and Ethereum have proven to be resilient. Their track record speaks for itself, as they continue to lead the market.

Yeah right, and you should not be listening aside from your own research and study, if you'll going to blindly follow those advise chances
to lose is always possible, but with good understanding and good DYOR you have a better chance to earn.

The deal is you need to work with how market will move forward, there are always open opportunities especially with the asset that already have good support inside the market.

It's a matter of good timing and how you will manifest with your own research and investigation to predict the best position to place your investment.

Well BNB is now up 4 percent for this week and Bitcoin is down 9 percent. It is price of $315 so if a investor bought below $300 then he is seeing some profits.

I do still think this is a coin to hodl in your portfolio. It has higher marketcap then SOL and their is 'bullish' future for it.

https://coingape.com/markets/binance-coin-price-prediction-as-strategic-pause-sees-35-surge/

Here no one will directly tell you that you invest in this coin it's up to you because currency investment is very risky that's why no one will tell you that you invest in it but BNB is very good coin if you can invest maybe you will get good return in future

This year till next year are going to be huge years for cryptocurrencies, so it is good to have positive plans for them, especially the top-rated ones. And of course, the BNB market is part of the top-rated ones, and there are optimism that it will become very bullish and it is a win-win for any investors and traders. But for me, I will not invest my money in BNB to hold it, I would rather trade it and I have been monitoring it for that purpose. This is because I do not want to miss out completely on the coin and buying it is a very good one that will give me the best over time and may even make more money than the holders of it. It is nice with the level it is now, it is the monthly chart I am waiting for to align with both the weekly and daily charts. Once that has happened when they are all in positive and are close to halving or after halving, that might be the right time to make the strike. But I must be certain of a solid support level to work it out, I prefer that to be on the weekly chart. If that level is strong enough and will refuse to break, then that will be my liquidation level.

In fact, the price of BNB also depends on Bitcoin. If the price of Bitcoin is growing well, then the price of BNB is also affected. If the price of Bitcoin continues to grow. BNB will also grow because of this, but sometimes we see that if binance launches a launchpad, then because of this, BNB will see a significant growth. and it gives them a lot of benefits, but no one can tell you whether you should buy or not because it depends on you and your own satisfaction any how if bitcoin price cross the limit of 48 k the we can see a good movement in BNB also

BNB coin is now still the forth largest coin from the marketcap. I do not think this coin will ever lose its high marketcap and we will always use the Binance exchange.

Even when BNB was losing money the exchange volume did grow in value. I do think that Binance exchange does have a good user base and there is always going to be fiat invested in BNB.

You should not give any financial advice directly until you know something about that project which will impact in the long run. There are too many ETH layer 2 in the market and zao is not with binance anymore so i really doubt that BNB will have any impact in the market that it had in the past. What i think is it will lose its market share to other layer 2 networks, and you will see a desperate attempt by binance to keep BNB demands in the market by offering frequent launchpad projects. This will not be a pretty scenario for BNB in the long run.

Absolutely do it like this, but my suggestion is that first see the situation of market .
then buy it and  hold on to BNB because it is a great project and it can grow very much in the future and the current market situation is showing that it is very  growing. If you have extra fund with you and you can hold up then you can do it. There is still time to invest and  hold and book your profit because BNB is also an excellent project and a strong project.

BNB is a good as altcoin one can invest in. If you feel like buying, it's also a good decision. I hope you gotten some Bitcoin because investing in Bitcoin is a very good idea than any altcoin. If BNB is your great choice, you can start buying now using DCA. It's never too late.

op If you want to buy BNB of course you can buy it because it is not late yet there is still enough time to hold BNB. But usually it is not always advisable to take advice from others to buy BNB. You have to make the right decision to buy BNB. Because you have to take 100% decision whatever anyone else advises you so always trust yourself.

buying coins in the big market as long as it's not after halving, it's never too late. unless there are events outside the norm, for example the luna incident which destroyed the coin price. if there are no strange events and it's not after halving, buying coins in the top bigmarket is never too late.