Should I keep my BNB or Sell it? - page 11.

cafee_orange

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 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 future of a crypto depends on the developer and the team. if they continue to develop their crypto assets then it is possible for a crypto to have a good future or be more valuable. I can assure you to continue holding BNB without having to change to another Crypto, because BNB in my opinion will have a fantastic future and will exceed the value of today. I believe in the future that BnB has

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

So what i need to know should I convert it to stable coin or should I invest it for bitcoin?

Your decision.

It's your money not ours so why asking it to us? Make your own research, and decide base on what you saw or watched. I can say that just convert it into stablecoins, but some might not agree. I can also say that you should convert all of it into Bitcoin and some might disagree as well. I can say that just hold it until you want it and some will disagree. Better make our own decision and don't let us decide for you because you will just be confused because we don't have the same opinions/answers.

Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

Maybe he's right or maybe he's not.

After all, there are many CEX that turned out to be a scam exchange already in the past. The recent FTX incident just shook us investors because the ones we thought as a good and big exchange turned to be a scam. I'm not saying that Binance will do the same, but it's better to be safe than sorry. For me, Binance is a good exchange since they have many users worldwide. Just be ready if the worst scenario happen. What your friend said might be true or not. Cheesy

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Quote from: sulendra12 on February 04, 2023, 06:47:31 PM

Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

That's what you should be worried about. How in the world how does your friends said BNB has no future. Do your friends have any explanation behind this? I don't think it has no future because it's still being used on Binance exchange until today and due to smart contract then BNB is still alive and probably will be going stronger as long as Binance is still have support for this BNB without any bad decisions at all.

probably because at that time there's coin similar to BNB that is ftt about to collapse so I guess his friend was quite influenced by that fact, but i'm sure BNB will still have future.
this coin has BSC basically among the most popular chain added with the fact that binance is trying to improve its transparency.

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

That's what you should be worried about. How in the world how does your friends said BNB has no future. Do your friends have any explanation behind this? I don't think it has no future because it's still being used on Binance exchange until today and due to smart contract then BNB is still alive and probably will be going stronger as long as Binance is still have support for this BNB without any bad decisions at all.

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Quote from: Tony116 on February 04, 2023, 09:51:24 AM

Quote from: Hypnosis00 on February 04, 2023, 06:04:30 AM

Holding is a good decision as well but I think it was regretful also if we let the pump end without doing anything like selling some of it. I'd say that investing is not just about holding but also selling. Buy during the dip and sell them during the bull season.

There is nothing wrong with selling for a profit, but there is no guarantee that this pump will end, if the market does not correct and continue to rise from now on, you will lose the opportunity to buy low. Buy low, and sell high is what everyone wants because it is the best way to make a profit. But the problem is that no one can predict what the market will do tomorrow, so selling at a small profit is not worth considering. Long-term holding is still a better option.

Yo, I feel ya. It's always a rush to sell for a profit, but it's important to keep the big picture in mind too. The crypto market can be super unpredictable and it's hard to know when to sell. But, if you believe in the project and its potential for growth in the long run, then holding onto it might be the way to go. Of course, no one knows what's going to happen tomorrow, but doing your own research and staying on top of things can help you make smart moves. Holding onto a project for the long haul can bring more stability to your portfolio and potentially bigger returns in the future. But at the end of the day, it's all about finding what works best for you and what helps you reach your financial goals.

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Quote from: Hypnosis00 on February 04, 2023, 06:04:30 AM

Holding is a good decision as well but I think it was regretful also if we let the pump end without doing anything like selling some of it. I'd say that investing is not just about holding but also selling. Buy during the dip and sell them during the bull season.

There is nothing wrong with selling for a profit, but there is no guarantee that this pump will end, if the market does not correct and continue to rise from now on, you will lose the opportunity to buy low. Buy low, and sell high is what everyone wants because it is the best way to make a profit. But the problem is that no one can predict what the market will do tomorrow, so selling at a small profit is not worth considering. Long-term holding is still a better option.

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Quote from: WalkerIVIV on February 03, 2023, 07:00:01 PM

as long as binance could keeps their reputation good, investing in BNB would be always worthwhile the thing with investing in BNB is that the coin itself highly utilized in their platform and there's always some stake program that involves the use of BNB, even holding BNB might give you some rewards, binance in this regard working really hard in keeping its value high that I think it wouldn't just collapse like ftt, it's completely different coin with different system.

BNB, Binance Coin, is one heck of a cryptocurrency if you ask me. It's been killing it in the market and staying on top for a reason. People trust it, plain and simple. And why wouldn't they? Binance, the exchange platform backing it, has been working hard to make sure that BNB stays valuable. Plus, holding onto BNB can actually get you rewards! How cool is that?

Long term investment in BNB? No brainer, my friend. As long as Binance keeps up their reputation and stays committed to the growth of BNB, you'll be in good hands. Trust me, this coin won't just collapse like some other cryptocurrencies out there. BNB is in a league of its own with a system that sets it apart.

So, in conclusion, if you're thinking about investing in BNB, go for it! It's a solid choice with a promising future.

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Quote from: Kimrapper on February 04, 2023, 06:34:56 AM

Quote from: monineklutak on February 04, 2023, 04:33:18 AM

Quote from: WalkerIVIV on February 03, 2023, 07:00:01 PM

as long as binance could keeps their reputation good, investing in BNB would be always worthwhile the thing with investing in BNB is that the coin itself highly utilized in their platform and there's always some stake program that involves the use of BNB, even holding BNB might give you some rewards, binance in this regard working really hard in keeping its value high that I think it wouldn't just collapse like ftt, it's completely different coin with different system.

Maybe that's why BNB continues to stay on top and when it comes to this coin I honestly never doubt it,
BNB won't collapse easily so no need to worry,
for a long term investment BNB is a very viable option and it will be profitable.

Listen up, friend! Binance Coin is one cool cat in the crypto world. It's been slayin' it and isn't showing any signs of slowing down. Now, I'm not saying you should blindly throw all your money into it, but I can tell you this much - BNB has got some serious staying power. With its close ties to the super popular Binance exchange, you can bet your bottom dollar that this coin is here to stay.

So, if you're looking for a long-term investment in crypto, BNB just might be the ticket. Just make sure to do your own due diligence and only invest what you're comfortable losing. Got it?

It is like you say but what you should keep in mind is that it never get that skyrocketed or that x100 or more value that many other altcoins has.So it is a stable coin I would say with great potential but the real potential lies in coins much lower in value as in the next bull run can really multiple your income of crypto,these are the coins we should be keeping,of course in normal and small quantities,the maximum we can afford in order to try our luck.

Keeping it or selling it depends on OP point of view and expectation of what will happen with such coin,nevertheless I would recommend keeping it as we may see great price increase in the next bull run and as such would be a mistake selling now,in the crypto winter that we are in.

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Quote from: monineklutak on February 04, 2023, 04:33:18 AM

Quote from: WalkerIVIV on February 03, 2023, 07:00:01 PM

as long as binance could keeps their reputation good, investing in BNB would be always worthwhile the thing with investing in BNB is that the coin itself highly utilized in their platform and there's always some stake program that involves the use of BNB, even holding BNB might give you some rewards, binance in this regard working really hard in keeping its value high that I think it wouldn't just collapse like ftt, it's completely different coin with different system.

Maybe that's why BNB continues to stay on top and when it comes to this coin I honestly never doubt it,
BNB won't collapse easily so no need to worry,
for a long term investment BNB is a very viable option and it will be profitable.

Listen up, friend! Binance Coin is one cool cat in the crypto world. It's been slayin' it and isn't showing any signs of slowing down. Now, I'm not saying you should blindly throw all your money into it, but I can tell you this much - BNB has got some serious staying power. With its close ties to the super popular Binance exchange, you can bet your bottom dollar that this coin is here to stay.

So, if you're looking for a long-term investment in crypto, BNB just might be the ticket. Just make sure to do your own due diligence and only invest what you're comfortable losing. Got it?

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Quote from: Dr.Osh on February 04, 2023, 02:21:32 AM

Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 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.

keeping it is a good decision, and exchanging it for bitcoins is also a good decision. As long as Binance is still operating and still a big exchange, then the potential for BNB to become a more expensive coin has great opportunities. in fact, during a bull market, many assume that BNB will reach a price in the thousands of dollars. Well, I don't think it's something to exaggerate if we look at the current popularity of Binance. Apart from that, exchanging them for bitcoins is also a good decision. there is no need to explain the quality of bitcoin. if a bull market occurs, then bitcoin will be one of the cryptos whose price rises high. Between the two decisions you will make, both can have a good outcome.

In today's situation where Binance is still one of the trusted exchanges, keeping BNB as our asset is, of course, a good choice. But we also have to remember that not all the time the price of BNB is high, it can be possibly low. Holding is a good decision as well but I think it was regretful also if we let the pump end without doing anything like selling some of it. I'd say that investing is not just about holding but also selling. Buy during the dip and sell them during the bull season.

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Quote from: WalkerIVIV on February 03, 2023, 07:00:01 PM

as long as binance could keeps their reputation good, investing in BNB would be always worthwhile the thing with investing in BNB is that the coin itself highly utilized in their platform and there's always some stake program that involves the use of BNB, even holding BNB might give you some rewards, binance in this regard working really hard in keeping its value high that I think it wouldn't just collapse like ftt, it's completely different coin with different system.

Maybe that's why BNB continues to stay on top and when it comes to this coin I honestly never doubt it,
BNB won't collapse easily so no need to worry,
for a long term investment BNB is a very viable option and it will be profitable.

Kimrapper

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Quote from: swogerino on January 12, 2023, 10:48:26 AM

Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 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 BNB will have a future as long as the exchange Binance,the entity behind that coin will be in service to the people.However you can never go wrong if you opt to exchange whatever coin you have in Bitcoin as in the long term that is a reassuring trade,you will reap the benefits of such move in the next all time high,although even 2023 has started with the positive notes on crypto,as we are seeing an increase today.

Another bold move would be to split that amount equally to really low value coins with a good team behind their project,like Raptoreum for example but the best to do for stability is to convert it to Bitcoin.

So you're looking to invest in Binance Coin (BNB), huh? Well, let me give you my two cents. First of all, as long as Binance continues to be a reputable and reliable exchange, BNB has the potential to be a solid investment. But, as with any investment, there's always a risk involved.

Personally, I'd say that converting your BNB to Bitcoin is a safe bet for long-term stability. It's been a proven winner over the years and it's likely to continue being so. But, if you're feeling adventurous, splitting your investment equally among low-value coins with solid teams behind them could be a smart move. Take Raptoreum for example.

At the end of the day, the most important thing is to make an informed decision based on your own investment goals and risk tolerance. Good luck and happy investing!

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 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.

keeping it is a good decision, and exchanging it for bitcoins is also a good decision. As long as Binance is still operating and still a big exchange, then the potential for BNB to become a more expensive coin has great opportunities. in fact, during a bull market, many assume that BNB will reach a price in the thousands of dollars. Well, I don't think it's something to exaggerate if we look at the current popularity of Binance. Apart from that, exchanging them for bitcoins is also a good decision. there is no need to explain the quality of bitcoin. if a bull market occurs, then bitcoin will be one of the cryptos whose price rises high. Between the two decisions you will make, both can have a good outcome.

WalkerIVIV

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as long as binance could keeps their reputation good, investing in BNB would be always worthwhile the thing with investing in BNB is that the coin itself highly utilized in their platform and there's always some stake program that involves the use of BNB, even holding BNB might give you some rewards, binance in this regard working really hard in keeping its value high that I think it wouldn't just collapse like ftt, it's completely different coin with different system.

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 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.

Converting BNB to a stablecoin when prices in the cryptocurrency market have dropped to almost a minimum would be very stupid. You can still convert them to bitcoin or ethereum, or just store them, because when prices in this market begin to rise, this coin will also continue to rise. The Binance exchange periodically has certain difficulties, but they are relatively quickly resolved.

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Quote from: Inspiron14 on January 23, 2023, 11:02:12 AM

Quote from: ije07 on January 23, 2023, 04:05:59 AM

not a good decision if you sell everything. besides that the current BNB price is also stable at $300 so I think BNB still has a good future. but if you are obsessed or worried as your friend said, maybe you can convert some to BNB and some to BTC.

True, however, selling everything in its current state is not the right decision and it is better to be patient to hold it in,
BNB is very good for long term investment so don't hesitate to keep holding it,
but regardless of anything it all depends on the decision of each.

I prefer to sell altcoins at this time. i entered altcoins when prices were low and now altcoins are all up. and buy again when altcoins go down again later, the nature of altcoins is always fluctuating, and I think bitcoin will still have another correction in the future, that's an important part for me to buy

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Quote from: TheGreatPython on January 23, 2023, 01:48:01 PM

But Binance or BnB is still too centralized. I am sure you already heard what happened with FTX and its coin. A lot of people then look back to Binance and starts to worry about its future and what if it fails one day? My only advice for those who want to continue is just be vigilant on what is happening with binance and its coin.

But before anything else, id like to congratulate the OP for getting a juicy $800 out of that airdrop only. That was rare nowadays knowing that there are now lots of scams. If you want to @OP you can keep some of your BnB and then sell or trade most of it for Bitcoin. You can also allocate some for stable coin to have something to get in case of emergencies.

This basically shows how little people like their governments. Fiat is controlled by governments and BNB is controlled by basically CZ. Sure there are some other board members and all but that's really not that important. And yet we are seeing some people putting their money into BNB instead of fiat.

Because, they prefer that instead. I have to say that I am one of those people and I am putting some of my money into BNB as well, I rarely keep any fiat at any given time, only have some for the sake of paying for things, but aside from that I do not have anything at all like that, I just use my current situation towards making sure it's fully in crypto so I could make more profit.

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Quote from: Shobhikhan_007 on January 12, 2023, 10:33:50 AM

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.

Binance Coin (BNB) is the native cryptocurrency of the Binance exchange. It can be used to pay for trading fees on the exchange, and its value can fluctuate depending on demand for the exchange's services. Apart from the exchange, Binance has many other products that are widely used by industry professionals on a daily basis.

Some experts believe that Binance Coin has a bright future, while others may have different opinions. However, it's important to remember that cryptocurrency is a highly speculative and volatile asset class, and past performance is not necessarily indicative of future results.

Since you received the BNB tokens by exchanging the NFT, converting your BNB to a stablecoin such as USDT or USDC can provide a sense of security in case the value of BNB drops. Investing in Bitcoin, which is considered to be one of the best-performing cryptocurrencies over time, can also be a good option.

Ultimately, the decision is yours and you should do what you feel most comfortable with.

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Quote from: Bobrox on January 22, 2023, 12:45:05 PM

I don't think have huge problem when investing or keep holding your assets in Binance coin, after dominance as top global exchange for Binance market I don't have doubt with BNB potential at the future. Binance exchange have been success monopoly all exchange global right now and I think huge potential for the future with BNB coin.

Still not late for investing in BNB nowadays because price on $300 has potential with BNB back to all time high price almost reach above $680 last one year, I sure with Binance as monopoly exchange they have chance make new higher price for BNB coin few months later actually how consistency and stable price from Bitcoin.

But Binance or BnB is still too centralized. I am sure you already heard what happened with FTX and its coin. A lot of people then look back to Binance and starts to worry about its future and what if it fails one day? My only advice for those who want to continue is just be vigilant on what is happening with binance and its coin.

But before anything else, id like to congratulate the OP for getting a juicy $800 out of that airdrop only. That was rare nowadays knowing that there are now lots of scams. If you want to @OP you can keep some of your BnB and then sell or trade most of it for Bitcoin. You can also allocate some for stable coin to have something to get in case of emergencies.

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Quote from: ije07 on January 23, 2023, 04:05:59 AM

not a good decision if you sell everything. besides that the current BNB price is also stable at $300 so I think BNB still has a good future. but if you are obsessed or worried as your friend said, maybe you can convert some to BNB and some to BTC.

True, however, selling everything in its current state is not the right decision and it is better to be patient to hold it in,
BNB is very good for long term investment so don't hesitate to keep holding it,
but regardless of anything it all depends on the decision of each.

Topic: Should I keep my BNB or Sell it? - page 11. (Read 2737 times)