Should I buy BNB now? - page 21. | Bitcointalksearch.org

maydna

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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?

If you want to buy BNB, I suggest you wait a little longer because I see the price of BNB will still decline. And if the price can be below $ 300, it is a good time to start buying, but you can also start now. Try to buy with small money to see the development of market trends.

Do not rush to buy if you doubt or don't know when to buy. The current market conditions are likely to decline, so it would be better if we could be patient.

posi

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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?

When it comes to investing, it's never too late but to ask about a particular coin to invest in, I think you should do your own research instead of consulting others. No one can know which coin will increase in price or x10, x100 in the future. As for altcoins, I only believe ethereum will be a profitable coin, the rest is difficult to predict. BNB is also a potential project, but since it depends on Binance, its future will be greatly affected if Binance crashes, so I don't want to risk too much with it.

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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?

Isn't it when you can't know when the right time to buy Altcoin then you will also not know when to sell and I think this is an unwise thing, you have to determine yourself when the best time to buy it too when you want to sell it, because you understand about this You will also understand the risks that you will face in the future.

Dr.Osh

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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?

BNB has always been one of the potential coins. I always include BNB in my portfolio. I feel that the potential could be thousands of dollars in the future. In general, it's never too late to invest, if you are prepared for various risks that can occur in the future, then it could be the right time to invest. And again, in terms of price, we cannot analyze for sure because the price of BNB in the future can fall or rise greatly depending on the circumstances. Either way, DWYOR, choose a decision you won't regret in the future. Personally, I still keep stocking up on BNB little by little.

Charmekkd

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actually the decision is yours, but if you want to buy bnb, actually in my opinion it's not too late because bnb is an altcoin that has good potential for the future, but with a note that you have to invest it for the long term.

but you can buy bnb, wait until there is a price reduction, or you can also buy using the DCA system.

but 100% decision is in your hands,

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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?

Perhaps, BNB is one of the most promising projects in the crypto market. I won't say it won't dump but if we think it never rises after the fall, that is impossible. It is normal but the good thing about BNB is there is Binance that supports it. If I were you, make your time buying BNB now while it was still cheap, don't wait until it will pump just to make assurance because BNB can be trusted. It will fall only when the Binance exchange fall as well, but that seems impossible unless it was not managed.

GreatArkansas

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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 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.

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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?

Maybe answer why BNB first? Why not ETH or BTC, what fundamental changes are you waiting to happen with BNB? Don't you think that it might be dangerous after regulators attacked BUSD and CZ talking about dedollarization (that would bring most CExes down)?

What comes to price, i don't have any idea what's going to happen, but i recon everyone who does have any idea don't know what they are talking about.

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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?

It's too late now. What didn't you buy that in the previous months once the price of BNB was still at the bottom? you were a bit too late joining at the party and buying BNB now is much more riskier than before consider you can lose your money anytime. Think about that. It's better to buy some tokens which are still trading at the bottom.

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

Or can we expect huge price drop in this year?

We can expect a huge price drop anytime. Bitcoin's movement is still unpredictable. Any bad news can also dump bitcoin at this moment. Just hope that if bitcoin will stay at the current level for a few months before another rally to happen.
Buying BNB looks good enough but the risk is quite big right now consider about how volatile the market is.

Baofeng

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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 think it's too late to buy any solid coins like BnB or BTC or ETH. I'm talking about experience here, Like BTC for example, I continue to accumulate even if we enter the bull run, or right after the halving. So I just buy whenever I can, whether thru DCA or any other method that fits my strategy. And obviously it hit a all time high in 2021. So still a period for me to make profits even if the price keeps climbing up that time.

So yes, not to late, just continue to accumulate and never worry about the price drop, you can still buy more though if the price goes down hard. But I wouldn't wait for it.

Ojima-ojo

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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 a huge price drop in this year?

Don't rely on the advice of others to make your investment decisions, especially in cryptocurrency where the risk factor is very high, you will need to do your research and come out with your risk analysis and clear conviction.

But looking over at the BNB price currently, I will personally believe that it is a good entry point, but this is according to my observation and it may be wrong since no one can predict what happens in the price of any coin.

Even though the binance chain and BUSD suffered some losses a few days back, I still believe in the capacity of binance to stick around for a while and make positive gains in the future.

shinratensei_

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accumulating at bearish always good idea even though right now market has been recovery quite a bit but it's still well below it's former value.
if you think you could accumulate right now there's nothng wrong with it, the value could still goes up quite high once real bullish comes in not just temporary value hike but real bullish where there's massive rally one after the other. quite frankly, i'd say invest in some newer coins like matic and aptos maybe optimism might seem could give better return but BNB also good enough that it still have really good ecosystem and is fully supported by binance.
but still, BNB just seems like stuck with its current value so I guess you should make proper analysis before investing.

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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?

Buying BNB means that you trust the future of binance/CZ and that his management will have good plans in the long term, and therefore the price will increase according to the increase in demand for the currency.
Unfortunately, I do not think that the platforms maintain their position after five years, meaning that the period of golden days for binance has become numbered, and therefore it is not an appropriate investment in the long term.

Also, that currency is not for investment because the supply is unlimited and it was not designed to be an investment.

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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?

Its not too late yet as the price is still down, and its also possible to have corrections before it pump again. I don’t usually suggest to buy but right now is a good opportunity to increase your holdings in preparation for the next bull market that can happen later this year or even next year. Buy and hold if you are not a trader and just set your target price, BNB will grow more and I love how they manage to rise again despite of some issues with them.

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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?

Not exactly that we are late for investing BNB since we are still in the correction phase. You can actually buy them if you want, that was your decision because I tell you that, I was also buying too. I did what seems best for me because I have the trust that BNB will be moving high when the bull season comes, so before it happens, I already fill my bag with potential coins to make everything ready. While it was still cheap, we never had to miss the chance. Might the price will dump but it doesn't matter as long as we are holding and waiting for the bull season.

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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 has the potential, but we don't know how big the price in the future or will still be dropping this year so that we can continue to accumulate. Although technically we are still in the bear market, so if you really wanted to invest on BNB then why not?

DCA is the best thing to do, we still have a year before the bitcoin halving (an event that triggers bull run), so maybe in that span of 12 months, you can accumulate and be ready for the next bull run and new all time high. So best of luck!!.

Johnyz

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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?

BNB is a good coin but with regards to the possible drop, I guess no one can answer this because no knows what will happen in the coming months. Its possible to pump, and its also possible for the drop so if you are going to invest make sure you do your own analysis and know when to exit. Personally if I have the extra money I will choose DCA method with BNB while waiting for the next bull run.

Japinat

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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?

That really depends on how much can you afford to hold and to lose because certainly, nobody here in this forum can answer that question for you with a certainty as even the supposed experts of cryptocurrency doesn't even know the answer about it. If you will ask why, it is because nobody here in God's green Earth can predict the future or what will happen in a given time.
But one thing is for sure, it's not too late to buy BNB. It's much better for you to start now rather than regretting about it later for not taking the risk.

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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 hold it and bought some in addition to my future holdings of it. Every time we see some drop or pump, we don't know what's next to it. A huge price drop is expected when it just came from a huge pump. I think we're done and pass that moment so, it's now time for it to see some pump in the next months to come when we go near to the halving. If you want to buy, buy it with all accountability and you have based your decision solely on yourself and not with anyone else.

$crypto$

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I don't have a crystal ball that can predict the price of BNB with late or not clear words, just follow your heart and with your own analysis, but I say BNB coins are coins in the upper circle, so adjust to your own choice.

I didn't buy BNB, I know that this coin belongs to the Binance and CZ exchanges as the founders we know, but behind all that, many people actually believe in coins and even hold them and make sure you have your own research to determine your investment.

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