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Topic: Should I buy BNB now? - page 22. (Read 2845 times)

legendary
Activity: 2492
Merit: 1332
February 23, 2023, 02:42:07 PM
#8
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
Neither, even if the price dropped at most we will see a price of 200 dollars for each BNB which is just a 33% drop, which in my mind is not a huge drop, also I do not think it is late to buy BNB at all, if this is a coin that you like then you still have the opportunity to buy it for half the price its previous all time high, so you still have a good opportunity to make some good money as long as you are willing to hold your coins for a long time.
legendary
Activity: 2226
Merit: 2169
Need PR/CMC & CG? TG @The_Cryptovator
February 23, 2023, 02:38:17 PM
#7
We cannot determine if it is too late or too early to invest in cryptocurrencies under the current investment strategy. Since BNB is a native coin of the Binance exchange, there is no question that it has potential. If the entire cryptocurrency market doesn't crash, they won't let it down in the least. Since we are unable to provide suggestions, we may only express our opinion. Because investing in cryptocurrencies is risky at all times. BNB coin has solutions such as reduced trading fees to Binance exchange and gas fees. In light of other currencies, it is a fairly powerful coin. We are unable to predict prices with any acceptable accuracy.
sr. member
Activity: 826
Merit: 460
February 23, 2023, 01:05:17 PM
#6
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
It should and shouldn't come back to you because you have that right, from my own point of view BNB itself has a fairly large market capitalization and includes the top 10 marketcap, so far there are many platforms that exist on the Binance network, of course the BNB ecosystem is also very large and has excellent opportunities for the future. But on the other hand Binance itself as the parent has a large scope in the crypto market and is the biggest exchange, what I fear is that binance will monopolize the crypto industry just like MT.Gox used to be.
it all comes back to you to find more credible information that can make you reason why you should buy BNB .
DYOR
sr. member
Activity: 1148
Merit: 270
Vave.com - Crypto Casino
February 23, 2023, 12:18:21 PM
#5
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

All decisions are in your hands and you will also experience risks, because no one can predict whether or not it is right or not to buy BNB at this time, of course whenever you want to buy it is your right, because everyone knows that all prices on the market is on an uptrend, so there's nothing wrong and it's never too late to buy BNB at this point, even if it could work in your favor in the future.

Make sure that you always check all market prices so you don't miss periods of significant price increases.
hero member
Activity: 2562
Merit: 659
Dimon6969
February 23, 2023, 11:38:09 AM
#4
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.
sr. member
Activity: 1120
Merit: 253
February 23, 2023, 11:29:48 AM
#3
Binance is potential coins I think and worth for long term investment, but keep depending with Bitcoin price stable or not because when your try buy right now around $310 have potential break out above $400 or back dump under $280 if Bitcoin drop. Current market condition still not stable with Bitcoin up and down and I don't sure right time for investing in BNB.

Have nice trick when investing in some coins, you can buy Binance coins with two price kinds between $280 until $300, we can't guarantee with Binance coins keep stable on higher price because any potential if Bitcoin down I sure another altcoin will back to lower price.
legendary
Activity: 2198
Merit: 1592
hmph..
February 23, 2023, 11:17:08 AM
#2
No one can suggest you should buy now or not, is 100% up to you. Because market always moves unpredictable. Is it late or not? IMO, it's never too late, when BTC is priced at $6000, many people are feeling it's too late, but BTC can go to $60K. BNB is currently also below the ATH price, the potential is there.

Will the price drop? Anything can happen, but if you look at the current market pattern, the price movement of cryptocurrencies is in a bullish direction, but remember, global sentiment can affect price movements at any time. So prepare yourself with research, judgment, faith and a readiness to lose. because we will often see asset values drop dramatically, when crypto prices decrease.

Not Financial Advice/DYOR/DWYOR
jr. member
Activity: 103
Merit: 3
Pepemo.vip
February 23, 2023, 10:29:08 AM
#1
Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
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