Should I buy BNB now? - page 20. | Bitcointalksearch.org

serjent05

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Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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

I am not advising you to buy BNB now but I want to share my expectation on BNB. So far I believe BNB will be the next big thing in the next bull run. ETH had already mooned so I think BNB will be the next one to enter $1k+ price. There are lots of development going on with Binance. They are ever expanding their global position, they even apply for the license in my country just to make sure that they are doing it right. If this plan of BNB succeeds, there is no other way for BNB but to go up. Also, BNB already suffered a crash and is now at the recovery phase. So I guess it isn't late to buy BNB, if it crashes, just DCA.

carlisle1

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Quote from: Oneandpure on February 25, 2023, 12:48:05 PM

I have been waiting for investing in BNB still pride drop under $250 and right now keep holding until reach to the higher price, many people or investors worry about Binance coins will drop later after Bitcoin have not stable price. I sure when Bitcoin bring back to higher price has potential for BNB back to higher price again.

Still get positive feedback with CZ as the Binance coin owner and seems potential when CZ make new tweet about how potential with BNB automatically price will up, not bad if invest money in Binance coin because they have back with Binance as top global exchange market and have good reputation right now.

With the way Binance is moving, I mean the business. The chance that it will grow is not by far, if you have spare money and you
believe that BNB will increase its value, then buy and hold is your best option.

It's more on your own analysis, even there are recommendations and speculation that it will provide a good amount of profits,
everything should be depends on how you do your research.

Analyze then conclude if you are willing to take the risk for this project.

MAAManda

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Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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

In Q1 next year, we will see a halving of Bitcoin (BTC), usually, this will increase the price of Bitcoin (BTC) because the Bitcoin (BTC) that will come out of each block will decrease, in this case the addition of $BTC supply will slow down. If the price of Bitcoin (BTC) rises, of course there will be pairing in the market which will have an impact on increasing the prices of various top altcoins, so I think now is the right time to accumulate top altcoins like $BNB, especially for $BTC itself.

tvplus006

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Quote from: Oneandpure on February 25, 2023, 12:48:05 PM

...I sure when Bitcoin bring back to higher price has potential for BNB back to higher price again...

So any coin, with the exception of shitcoins, has a good chance to increase in price in the bull market and BNB will definitely not be an exception. And despite the fud that has been plaguing Binance lately, the price of BNB is holding up very well in the market.

crzy

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Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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

The market is entering the correction phase, there’s still a chance to buy BNB.
BNB is one of the best crypto exchange today, they continue growth and I see some news that they are planning to acquire good companies as well, this can be a good opportunity to accumulate. Try to buy some now, BNB will not fail you and I’m confident that it can happen in the next bull trend.

Oneandpure

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I have been waiting for investing in BNB still pride drop under $250 and right now keep holding until reach to the higher price, many people or investors worry about Binance coins will drop later after Bitcoin have not stable price. I sure when Bitcoin bring back to higher price has potential for BNB back to higher price again.

Still get positive feedback with CZ as the Binance coin owner and seems potential when CZ make new tweet about how potential with BNB automatically price will up, not bad if invest money in Binance coin because they have back with Binance as top global exchange market and have good reputation right now.

justdimin

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Quote from: GreatArkansas on February 23, 2023, 09:43:00 PM

Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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

I think that the FUD about Binance's stablecoin BUSD was the chance to buy a cheap Binance Coin (BNB). Since for me, it was complete FUD, and BNB price really dumped due to that.
After all, Binance is still here, FUD is FUD, and we already have a lot of experience with FUD on stablecoins just like Tether before.

There is just too many people who are hurt about Binance being as big as it is right now. Look at the volume size of all other exchanges, if Binance didn't existed tomorrow, they would make so much more profit, and I mean like multiple times more than what they are making today, so making people doubt about binance was a good business decision and they did it.

Of course most of us didn't buy it, because we know how trustworthy and great binance is and we will keep on using it, and I would suggest buying BNB because of this as well, I think it is an incredibly well made one and should always be used. This is why I believe do not fall for the FUD and invest into it.

fuguebtc

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Quote from: ethereumhunter on February 25, 2023, 06:22:30 AM

Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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.

Yamifoud

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If you are not sure OP about BNB, I guess you don't need to urge yourselves to think about it. Because if you can do the research and see the potential of this coin, I was certain that you already buy it due to its cheap price. In fact, the majority are already buying and waiting for the bull season where to sell their BNB. They are ready enough but still, you have doubts in your mind and hard to make a decision. If I were you, I'd rather not to choose this project but to look for something that I'd trust the most then we could have a peace of mind.

ethereumhunter

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Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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.

profgates

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Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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

It's not too late. You can start buying in small quantities and still make substantial profit when the value of the token escalates. The market is in constant Flux and no one can tell what may be the fate of a particular crypto in the near future.

Ahli38

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BNB is one of the altcoins that I keep collecting. Because I see BNB will have a good increase and the supply will decrease even more due to the scheduled burning events. and every time there is a launchpad on Binance, we will always see the BNB price have a good increase. Currently BNB has a price range of $ 301 dollars. a correction occurred following the movement of BTC. I myself have re-purchased a few. But this is just my opinion. please do your own research and decide for yourself. (DYOR)

Rengga Jati

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Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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

I really like BNB, and I am also still accumulating more Bitcoins to prepare for the next bullish era. But I also add some BNB and ETH to my investment because I believe that this altcoin may be bale to make good increases again, at least in the next bullish season.
However, crypto investment is always high risk. That is why I think that even if you are going to invest in BNB, never do it all in one basket. You need to separate or diversify your money into several investments, at least, you have Bitcoin as the main asset, and BNB as the next choice.

But first of all, your decision is yours. You must analyze and consider by yourself whether to invest or not. Our opinions can only be a consideration. consideration. Analyze and decide carefully and wisely, never only think once to make a crypto investment, think carefully based on your affordability to probably loose.

Stedsm

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I can't say about the whole year but there's definitely a drop waiting for a bottom of BTC and alts yet to be made before a big bull rally takes place. I believe that the big move towards $250 or even $200 can take place for BNB in the next 2 months (most probably March) and it'll prove to be the bottom for this year if it begins to move up after a bottom is created. BTC tried its best to break 25200 hurdle many times but failed, and after the restrictions to BUSD issuance, it seems BNB will see a big drop before it begins to rise.

doomloop

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Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 AM

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

No, it's not too late yet. BNB is not a pump and dump coin that once you miss its pump it's now too late anymore to hop in but BNB is like ETH and BTC. Their potential to pump big in the future is still there and this bear market is only their gift to the people to purchase them at cheaps.

Speaking of the bears, we are still at it because the price of the coins didn't continue to rose yet but there are still stability, fluctuations and dips. You can make use of these movements to stocked up more coins. There was a news last time about BUSD and it affected BNB but I know that Binance can take control of the situation so I don't think there will be a huge drop that will happen in BNB this year.

tvplus006

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Quote from: Kelvinid on February 24, 2023, 01:05:27 AM

...It will fall only when the Binance exchange fall as well, but that seems impossible unless it was not managed.

We have seen many times before how CZ solved similar problems. Therefore, I expect from him that in the near future another launchpad will be launched on Binance, which will push the price of BNB to the top by 10-15%. And in relation to BTC, it now looks stronger.

I_RodimusPrime

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Quote from: dimonstration on February 23, 2023, 11:38:09 AM

Quote from: I_RodimusPrime on February 23, 2023, 10:29:08 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 focus on other promising project like TON.

FUD is FUD. If binance/busd down then whole crypto will be dead. So CZ and Binance always will be safe. if anything goes wrong whale will be support CZ. Also specially USA & China goverment will never let anything happen to binance because half of them black money are in binance pools. Specially USA. Cheesy

EdgyK

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As with any new cryptocurrency project, it's important to approach it with caution and do thorough research before making any investments. It's recommended to consider factors such as the project's team, their past experience, the technology behind the project, the market demand for the project, and any potential risks or challenges that may impact its success.

Coin63$

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It totally depends on you when you buy BNB. BNB is the token of the BSC platform. There are currencies in the cryptocurrency market that go up and down with Bitcoin in price.However, currently the market is slightly lower, so the price of BNB coin is also lower at the moment.Currently the price of this coin is 311.4$. I think you should buy coins at lower prices to invest.

LogitechMouse

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Don't buy it!!!!
It came from me. An average joe who don't know anything about investing. A newbie investors who's just throwing advices to other people.

Will you take my advice? Will you agree with what I said and decide based on that? Probably not right? Because you're the only one who can decide for you. We can say that you must buy BNB because it has a good future, but are you ready for the risk? I've also heard people here saying to buy LUNA before the glitch happen. I've seen people here telling to buy FTX as well before that fraud happen. Now what happened to those 2? Can we blame those people? You're the one who will decide whether you will buy it or not. Don't ask us.

Good luck with your investing journey.

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