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Topic: Should I keep my BNB or Sell it? (Read 2597 times)

hero member
Activity: 2030
Merit: 503
#SWGT PRE-SALE IS LIVE
April 19, 2024, 07:00:54 AM
I see it more profitable to hold than to sell, but many could not realized the reason and benefits behind taking this kind of decision, if you're investing in a digital currency like crypto, then you will need to wait and have more time to see that what you're investing is yielding to what you expect, BNB is not a coin that has low value, despite being an exchange coin, there is still more to expect to see coming from it in more subsequent times with its performance if we invested.
Well, the halving will happen soon, and maybe altcoin prices will also get the effect. If I had enough BNB right now, I probably wouldn't hesitate to hold it and try to increase the asset. I strongly believe that BNB is one of the popular altcoins that has great potential, and I think the price could possibly exceed $1k if the halving affects altcoin prices. However, if you want to be more confident, then the OP needs to hold Bitcoin, but I think if you already have BNB, I think it's good enough to hold.
hero member
Activity: 798
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★Bitvest.io★ Play Plinko or Invest!
April 18, 2024, 07:06:45 PM
I see it more profitable to hold than to sell, but many could not realized the reason and benefits behind taking this kind of decision, if you're investing in a digital currency like crypto, then you will need to wait and have more time to see that what you're investing is yielding to what you expect, BNB is not a coin that has low value, despite being an exchange coin, there is still more to expect to see coming from it in more subsequent times with its performance if we invested.
full member
Activity: 1148
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
April 18, 2024, 10:12:31 AM
If you don't want to listen to your friends, you can carry out your research to know if BNB has future or not, before you can take a final decision because some people can also give you the same advise your friends gave to you before in this trend.

If you can swap the money to BTC, it will be a wise decision because you will surely see a good profits that will make you to know the difference between altcoin investment and BTC investment, and you will see the difference from the profit you will make at the end.

Since the price of BNB is still high in the market, I will advise you to sell your BNB and invest the money on BTC because the price has dumped to $62k, and it will help you to embrace good opportunity in the future.
legendary
Activity: 3108
Merit: 1032
#1 VIP Crypto Casino
April 11, 2024, 03:32:40 AM
Well now it does look like to hodl this coin is the best idea we can make. This coin is making very big profits in the last month now worth more then $600 each.
BNB is going to undergo a hard fork next week. I do think this will make the price make more profit so still good idea to hodl this coin. It does play big role in DeFi and this is the future.
https://www.tradingview.com/news/coindar:ea64378d1094b:0-binance-coin-to-undergo-serenget-hard-fork-on-april-18th/
legendary
Activity: 3108
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www.Crypto.Games: Multiple coins, multiple games
February 01, 2024, 07:28:40 AM
Hype about the exchange token is gone and i am not sure if it will revive again or not as people are mostly moving towards DEX's. Centralized exchanges are still the best place to get into crypto as they provide the best option to convert your fiat into crypto. For BNB they have a big ecosystem and their TVL is also at the top of the list. But binance has a big influences over BNB price so if anything bad happens with binance it will surely have a negative impact on BNB price and its whole ecosystem.

BNB is lacking behind other players in the crypto/Blockchain space. These days, most projects are built on competing chains such as Solana, Avalanche, and Polygon. I haven't heard of any new project building on top of the BNB chain. Despite this, BNB is still on the top because of market manipulation. Particularly by Binance which is the largest crypto exchange in the world.

If the exchange wants to make BSC better (the chain underpinning BNB), it must improve network scalability and make it decentralized. Gas fees on BSC are much higher than Polygon or even ETH L2 networks such as Arbitrum and Base. With regulators weighting in, Binance's future is uncertain. If the exchange manages to comply with regulations, BNB would be here to stay. I'd proceed with caution just to be safe. Smiley
full member
Activity: 826
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Tontogether | Save Smart & Win Big
January 30, 2024, 02:39:00 PM
In this regard I will say that if anyone has invested in Bnb.
 the market situation is very good right now, so my guess is that it will pump more and it will continue for a long time. It is possible, for now, according to my calculations, if someone has made an investment, he should keep his Bnb fund on hold because it will benefit him in a good way in the future and do not rush into it even if someone sells now. If he does, the situation of the market is very good right now and there is no such news that the market is going to go down, so if he keeps a hold, he can have many benefits in the future.
sr. member
Activity: 533
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
January 27, 2024, 03:08:46 PM
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

My advice, but please remember, this is just my personal speculation, not even financial advertising. If I were in your position, I would sell all my BNB and buy SOLANA or ETHEREUM, especially Solana, because many people use Solana for transactions because the fees are cheaper and some people are switching from eth to solana and in my opinion solana has a good potential of 2-5x in the next bullrun keep in mind do your own research don't be fomo to what is on the internet
hero member
Activity: 1190
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Eloncoin.org - Mars, here we come!
January 05, 2024, 03:29:48 PM
Hype about the exchange token is gone and i am not sure if it will revive again or not as people are mostly moving towards DEX's. Centralized exchanges are still the best place to get into crypto as they provide the best option to convert your fiat into crypto. For BNB they have a big ecosystem and their TVL is also at the top of the list. But binance has a big influences over BNB price so if anything bad happens with binance it will surely have a negative impact on BNB price and its whole ecosystem.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
January 03, 2024, 09:36:27 PM
Bitcoin is probably the safest investment of all cryptocurrency right now, if we can even talk about safety here. BNB is constantly under pressure from different countries because there are a lot of legal issues with Binance. If something happens to the exchange, BNB will be worth less than $10.
Sure, Bitcoin is the safest crypto investment. But it doesn't mean we don't need to invest in other cyrpto coins. I think it is okay to invest in top altcoins like BNB. Although BNB has bad issue related CZ (Changpeng Zhao), I think it doesn't bring big impact anymore to the price of BNB. CZ already pointed Richard Teng to replace him as the CEO of Binance. So, everything looks okay for now.

Binance exchange looks strong enough to survive. I think we don't need to much worried about the future of Binance exchange. CZ has solved the problem, we must think positively about the future of BNB.


the thing that make BNB strong is binance smart chain generating massive demand because there are many project deployed there as to the problem relating to CZ i think it will gonna affect BNB more or less, i mean even though the CEO has been replaced CZ is like the brand image of binance and I don't think that will fade away soon, anything that CZ is doing is the spotlight of binance performance and anything related to binance so I'm expecting that there will be some shake toward the price of BNB whenever the bad news of CZ is coming out, not that im sure there will be any bad news coming out though probably CZ are doing well dealing with the regulation also receive punishment since it seems he tries to abide by the law.
regardless though if anyone really interested in investing in BNB thats okay, after all it seemed that we haven't hit real bullish with bitcoin soon once the news of ETF approval comes out it will be massive.
though there are rumour about disapproval about ETF i think thats just FUD.
sr. member
Activity: 1414
Merit: 435
duelbits.com
January 03, 2024, 05:49:20 PM
Bitcoin is probably the safest investment of all cryptocurrency right now, if we can even talk about safety here. BNB is constantly under pressure from different countries because there are a lot of legal issues with Binance. If something happens to the exchange, BNB will be worth less than $10.
Sure, Bitcoin is the safest crypto investment. But it doesn't mean we don't need to invest in other cyrpto coins. I think it is okay to invest in top altcoins like BNB. Although BNB has bad issue related CZ (Changpeng Zhao), I think it doesn't bring big impact anymore to the price of BNB. CZ already pointed Richard Teng to replace him as the CEO of Binance. So, everything looks okay for now.

Binance exchange looks strong enough to survive. I think we don't need to much worried about the future of Binance exchange. CZ has solved the problem, we must think positively about the future of BNB.

hero member
Activity: 2450
Merit: 642
Eloncoin.org - Mars, here we come!
January 03, 2024, 12:46:15 PM
Bnb is one of the best coins currently.  holding it is a very appropriate choice.  although currently the exchange that is the parent of the bnb coin, namely Binance, is experiencing problems.  However, overall there are still many people who use the BNB network as a transaction medium.  so the choice is yours
Even though there are legal problems with Binance, it certainly doesn't cause excessive worry for BNB holders, so I agree with you that BNB coin is good. It doesn't appear that investors are afraid to continue holding BNB or even to continue buying it. Even though the price was disturbed, it didn't stop more people from continuing to buy and hold it because, up to now, BNB is still a coin that has the potential to increase in price when the halving era comes. So it's better to continue holding it and not sell because you won't get the profit you will receive later by selling.

If you carefully observe the price of bnb before SEC case and after you would definitely realize that this case put very bad impact on the price of bnb. I bet that if SEC not involve the bnb price would be now 400 above. The bnb holders still alive because it is widely used in bsc chains ecosystem and also binance started listing token in launch pool which needed bnb to hold. Binance team is very talented and they are producing many opportunities to increase the buyers of bnb. BNB and Sol is now competing for 4th position in the market cap. I think at current stage holding bnb is worthy and could gives profit with the spike of btc.
hero member
Activity: 2898
Merit: 597
Eloncoin.org - Mars, here we come!
January 03, 2024, 09:49:18 AM
binance is a strong company that they have proven dealing with the case against US goverment so that means one thing that they are not being triggered or stopped by those threat
It's like that CZ offered himself as the one who'll be chased by the US government while Binance can roam freely now without any problem.

and now moving forward though there are some countries that is having issues or just following what US does because of the settlement and yes about Money involved.
It can't be helped but they have their own policies as well but if it's about BNB, those that thinks that it's already at top again can sell it. But I don't think that it's already at the top now, we're not yet on the altcoin season and many says that BNB is still currently undervalued.
hero member
Activity: 2646
Merit: 509
Leading Crypto Sports Betting & Casino Platform
January 02, 2024, 08:25:43 PM
Bnb is one of the best coins currently.  holding it is a very appropriate choice.  although currently the exchange that is the parent of the bnb coin, namely Binance, is experiencing problems.  However, overall there are still many people who use the BNB network as a transaction medium.  so the choice is yours
Even though there are legal problems with Binance, it certainly doesn't cause excessive worry for BNB holders, so I agree with you that BNB coin is good. It doesn't appear that investors are afraid to continue holding BNB or even to continue buying it. Even though the price was disturbed, it didn't stop more people from continuing to buy and hold it because, up to now, BNB is still a coin that has the potential to increase in price when the halving era comes. So it's better to continue holding it and not sell because you won't get the profit you will receive later by selling.
it seemed people are just waiting for the news to truly arrive not just depending on rumour and thats a good thing, the bad thing is that when bad news truly hit it will be massive dumping but im sure binance can always overcome this by always obeying the regulation because thats what company like binance are striving for to avoid problems like this.
the change of CEO and CZ stepping down is also proof that binance truly concerned about the well being of that exchange otherwise its not gonna be taking significant change like this overall the thing that truly helped binance in retaining its value is the fact that we are in bullrun and the BSC is smart contract that heavily utilizes BNB that alone really helps BNB to keep its value from plummeting.
if BSC didn't exist I guess the fate of BNB will be worse maybe its gonna lose significantly of its value, after all only utility from an exchange is not sufficient.
sr. member
Activity: 2618
Merit: 439
January 02, 2024, 07:11:05 AM
Bnb is one of the best coins currently.  holding it is a very appropriate choice.  although currently the exchange that is the parent of the bnb coin, namely Binance, is experiencing problems.  However, overall there are still many people who use the BNB network as a transaction medium.  so the choice is yours
Even though there are legal problems with Binance, it certainly doesn't cause excessive worry for BNB holders, so I agree with you that BNB coin is good. It doesn't appear that investors are afraid to continue holding BNB or even to continue buying it. Even though the price was disturbed, it didn't stop more people from continuing to buy and hold it because, up to now, BNB is still a coin that has the potential to increase in price when the halving era comes. So it's better to continue holding it and not sell because you won't get the profit you will receive later by selling.
binance is a strong company that they have proven dealing with the case against US goverment so that means one thing that they are not being triggered or stopped by those threat  and now moving forward though there are some countries that is having issues or just following what US does because of the settlement and yes about Money involved.
sr. member
Activity: 2282
Merit: 266
Vave.com - Crypto Casino
January 02, 2024, 04:49:09 AM
Bnb is one of the best coins currently.  holding it is a very appropriate choice.  although currently the exchange that is the parent of the bnb coin, namely Binance, is experiencing problems.  However, overall there are still many people who use the BNB network as a transaction medium.  so the choice is yours
Even though there are legal problems with Binance, it certainly doesn't cause excessive worry for BNB holders, so I agree with you that BNB coin is good. It doesn't appear that investors are afraid to continue holding BNB or even to continue buying it. Even though the price was disturbed, it didn't stop more people from continuing to buy and hold it because, up to now, BNB is still a coin that has the potential to increase in price when the halving era comes. So it's better to continue holding it and not sell because you won't get the profit you will receive later by selling.
full member
Activity: 336
Merit: 185
Eloncoin.org - Mars, here we come!
December 31, 2023, 01:31:44 AM
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.
We know Bitcoin investment is the best investment, there is no better investment than Bitcoin. But your investment in BNB is not a bad investment because BNB is one of the top 5 coins. However, investing in BNB is a bit risky at present due to some temporary problems. If you can take that risk and invest, keep it. Also, if you think BNB has too much risk, you can definitely invest in Bitcoin. Holding bitcoin investment will definitely make your investment much safer and you will get a lot of returns when bitcoin halves. But always remember that altcoin investments have high returns and high risks.
hero member
Activity: 2730
Merit: 522
Leading Crypto Sports Betting & Casino Platform
December 29, 2023, 08:57:48 PM
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

I advise you to keep holding bnb or convert to bitcoin but I will hold bnb until bnb flies through its all time high. In my view bnb is also suitable for the long term bnb is also one of my favorite altcoins but if you want to be safe convert to bitcoin
personally i think bnb only good holding if the situation is good enough, the thing is that the lawsuit still unclear so many fuss about CZ and the new CEO are still nowhere to be seen maybe hes preparing some plan for the platform but personally I think CZ is already a brand for binance that if he just stepping down from the position of a CEO maybe the future of binance also gonna change.
right now I just prefer to convert all my BNB which I did not too long ago just to convert it to ethereum for the sake of managing risk and it has been doing well ever since.
other than that I would refrain from investing in BNB this time around despite already having some small pump recently I just think that there are other coin thats just maybe better than BNB and still have relatively low market capitalization but sure BNB can be considered among the one coin that have relatively low risk.
full member
Activity: 210
Merit: 195
December 29, 2023, 08:30:58 PM
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.
Investing in Bitcoin would be the smartest thing to do. If you invest in Bitcoin and hold it for the long term, you will see good future gains. But you can also hold the investment in BNB. Whereas, Binance has a strong reputation and a large user base, which provides stability and support for BNB. Binance continues to innovate and expand its offerings, which also support the value of BNB. While all investments carry some level of risk, it is unlikely that BNB will suddenly collapse.
We are suggesting for him but himself alone is left with the decision making on what to invest in. Both can give profits but if we are to compare among which will give the highest return of profit will definitely be Bitcoin. like you said the smartest thing to do is investing in Bitcoin than BNB. BNB has risen in the past days and with the way the market is the only uptrend it may have is the one associated with Bitcoin hitting a new all time high.
member
Activity: 210
Merit: 39
December 29, 2023, 08:42:20 AM
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.
Investing in Bitcoin would be the smartest thing to do. If you invest in Bitcoin and hold it for the long term, you will see good future gains. But you can also hold the investment in BNB. Whereas, Binance has a strong reputation and a large user base, which provides stability and support for BNB. Binance continues to innovate and expand its offerings, which also support the value of BNB. While all investments carry some level of risk, it is unlikely that BNB will suddenly collapse.
sr. member
Activity: 2618
Merit: 439
December 07, 2023, 11:41:02 PM
Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

I advise you to keep holding bnb or convert to bitcoin but I will hold bnb until bnb flies through its all time high. In my view bnb is also suitable for the long term bnb is also one of my favorite altcoins but if you want to be safe convert to bitcoin
Converting in BTC is a good advise there is nothing debatable about that but why need for conversion when he already holding top3 ranking coin?
I mean trust  in bitcoin can be trust in Ethereum and Binance also so I think that it is better to stay in BNB and just look for how long he can hold(assuming that halving effect takes a year after) so be ready to some sideways and never expect specifically .
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