Should I keep my BNB or Sell it? - page 10.

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Quote from: Shobhikhan_007 on January 12, 2023, 09:33:50 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.

I think Binance Coin (BNB) is the utility token of the Binance exchange and has experienced significant growth in recent years and this is a good investment. However, like any investment, it comes with risks. The decision to hold, sell or invest in BNB is up to you and your personal financial situation because market conditions are unpredictable and can change quickly, so it is important to stay informed and follow developments. newest on the market.

fvb

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bnb certainly has a future as long as the exchange is up and running and it's the most famous exchange I've seen. Definitely every person associated with cryptocurrencies has a small amount of bnb in their wallet. At least even in order to conduct transactions on the network. This is a promising asset and will always be needed

Ahli38

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As long as the Binance Exchange continues to operate well then I think there is nothing to worry about the BNB coin. Even the one altcoin that I hold the most at the moment is BNB. but I do not recommend anyone do the same. please do your own analysis and decide for yourself. In fact I often repeat buying and selling BNB. I usually sell when the Binance Launchpad takes place, because at that time the price will increase quite a lot. then I started buying back after Binance Launchpad ended because the price usually goes back down. I often do this repeatedly. and it made me have more BNB from each selling and buying period.

Sorryfor

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Quote from: Shobhikhan_007 on January 12, 2023, 09:33:50 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.

If I give you some advice on this topic I will definitely try to give important insight. You analyze the market and see how clear the future of BNB is, this coin is currently in a good position. You notice in coinmarketcafé that BNB position is 3 first position Bitcoin and 2nd position is Ethereum and 3rd position is BNB. I think if you invest this coin for a long time you will definitely get a good profit in your future. And instead of listening to your friends, you can safely invest in BNB.

Cornia

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According to me you can hold your asset in BNB or convert to BTC. Because BNB coin is a trustworthy coin and I expect it to reach new ATH during the next bullrun. I think your friend has wrong idea about BNB coin. It would be best to do a little research on BNB coin yourself. Because the money is yours, you have to make the decision.

ichsan ardi

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it depends on you but for me personally I will hold bnb I see the potential for coin bnb to give a very big profit what else if we hold bnb on spot binance we can follow launchpad binance maybe that's one of my factors to hold bnb in my portfolio.

Oneandpure

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New launchpad coins in Binance exchange drastically give positive impact for BNB coins price from $310 up to $345 and seems worth if still hold BNB coins. Its seems better if you still hold BNB coins and have chance participants in Binance launchpad potential earn much profit when first time listing.

First launchpad in this year and will be profitable for BNB coins holder in Binance because they can earn much profit not only with Binance coin have grow up but also with new launchpad get potential reach to higher price. If OP still hold BNB coin better put it in Binance exchange and hope you can get participants in this launchpad time.

carrie_white

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investing or buying BNB is actually the right decision. BNB is one of the coins that already has a very large community and is known by many people. so investing in BNB is low risk and safe

mulia sabee

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for a time like now if you get the profit then you better sell it first. later when the BNb price drops again you buy it again. I think this is the right time to sell BNB compared to the previous time

Henrobakkara

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Quote from: Shobhikhan_007 on January 12, 2023, 09:33:50 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.

What reason did your friend give that makes him think BNB no longer has a future in the crypto world? He probably is one of those people that quickly react to FUD as in the case we heard about the Binance exchange the last time. If the Binance exchange is still up and trading, then BNB will still be very much relevant, and quite clearly, if not Bitcoin, I think every other coin/token could really go bust at any time from any news.

Farma

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if you don't believe in BNB anymore, then there are only 2 options that I think for you right now which is to exchange the BNB you have for bitcoin, or stable coins. Personally, I'm still collecting BNB today, and will probably hold onto it for the long term. it's just that, I also still hold bitcoin, and ethereum. however, if you are not comfortable with BNB because there is so much FUD, then the safest options for you are Bitcoin and Stable coin.

rhodelmabanal

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Quote from: b3j0 on March 18, 2023, 05:59:30 AM

Looks like your friend doesn't really understand crypto either. Don't you and your friends know that BNB is backed by the biggest exchange today which is Binance? BNB is the largest altcoin at the moment under ETH, in other words investing in BNB is still very feasible.

BNB is a coin of binance so from the start it is backed by binance not just today, it is really the biggest crypto exchange but it faces some issue but for now it is slowly recovering, and still the number one big exchange in crypto currency so it is very safe and i think investing in BNB right now is also good because the market is now fine.

b3j0

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Looks like your friend doesn't really understand crypto either. Don't you and your friends know that BNB is backed by the biggest exchange today which is Binance? BNB is the largest altcoin at the moment under ETH, in other words investing in BNB is still very feasible.

siniminomorocomunisakito

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My opinion regarding The decision to sell or hold your BNB is ultimately a personal decision that should be based on your personal circumstances and financial goals. BNB is also subject to market volatility and fluctuations in value. My advice is to consider your own risk tolerance before making any investment decisions such as current market conditions, your investment objectives and find out the fundamentals and long term potential of BNB before deciding whether to sell or hold your investment.

MiF

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Quote from: Shobhikhan_007 on January 12, 2023, 09:33:50 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.

The market is now slowly recovering so i think the best option is to invest in bitcoin, i believe that the market will rise up high soon,it is also good to invest in different altcoins right now because i am sure that altcoins will also rise back from the dip when btc bull market begins, but you need to decide all by yourself that is your money and you are the one who will suffer when you failed.

pgbit

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Quote from: Shobhikhan_007 on January 12, 2023, 09:33:50 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.

If your priority is to protect the value of your investment, then converting your BNB to a stable coin might be a good idea.
Now your second point about future of BNB
it's worth noting that Binance, the platform that created BNB, is one of the largest cryptocurrency exchanges in the world. While no investment is guaranteed, BNB could continue to have value as long as Binance remains a major player in the cryptocurrency space.

Bay_Harbour_Butcher

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this depends on whether when you get BNB from selling the NFT, BNB is at a low or high price, but BNB also has a very good future, the development of BNB from year to year is very significant, moreover the price of BNB is now very good, so I think BNB will still be able to continue to rise, if crypto market conditions also continue to improve like this

Pelana vreo

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Quote from: Shobhikhan_007 on January 12, 2023, 09:33:50 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.

I sold BNB in 2020 and it was $36 usd, I sold it before BNB reached new ATH and that's part of my experience

You can staking or farming on Dex exchange for get passive income if you want to holding this coin for long term.
keep Dyor when you investing, because altcoin prices fluctuate.

Psynthax

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Quote from: Kezacky on March 16, 2023, 02:03:29 PM

To say that the BNB coin has no future is not true, since it is the exchange coin of the largest Binance exchange and the native Binance Smart Chain token. Accordingly, this coin has more chances to survive in a bear market and continue the uptrend when a bull run occurs and it would be nice to hold, wait for the right time to sell it.

it's not that it doesn't have future but rumours regarding BUSD and the fact that binance has been converting their assets from that coin to bitcoin might somehow be detrimental towards the future of BNB since many considers them under the same companies, but i'm sure BNB will leave unscathed even in the really bad correction.

Kezacky

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To say that the BNB coin has no future is not true, since it is the exchange coin of the largest Binance exchange and the native Binance Smart Chain token. Accordingly, this coin has more chances to survive in a bear market and continue the uptrend when a bull run occurs and it would be nice to hold, wait for the right time to sell it.

Topic: Should I keep my BNB or Sell it? - page 10. (Read 3171 times)