Should I buy BNB now? - page 22. | Bitcointalksearch.org

Jating

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 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, 09:29:08 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, 09:29:08 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.

blockman

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 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.

$crypto$

legendary

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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.

Silberman

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 AM

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.

The Cryptovator

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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.

Dickiy

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 AM

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

Warkop

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Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 AM

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.

dimonstration

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Dimon69

Quote from: I_RodimusPrime on February 23, 2023, 09:29:08 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.

Bobrox

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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.

masulum

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hmph..

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

I_RodimusPrime

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Pepemo.vip

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

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