Should I keep my BNB or Sell it? - page 2.

rodskee

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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.

mate you have nothing to lose here but time , so why bother converting when you are
already in one of the strongest currency ever made? a coin that backed up by Biggest exchange in the market
now so better leave it to Binance coin and don't think of converting it to any other form specially stable coin.
trust me that in Bull market you will enjoy what you did not today.

TelolettOm

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Quote from: fzkto on December 07, 2023, 10:35:58 AM

Your expectations may not be confirmed because anything can happen to any exchange. CZ is currently in America and the court has banned him from travelling abroad. If something happens to CZ, it will definitely have a negative impact on Binance and bnb.

CZ admitted his mistake and served his sentence. BNB already got a bad impact from this case but it seems BNB is still in a good way to survive. The price already increased a bit due to the increase of Bitcoin price. So, we can expect that BNB can still have a good future although it is basically very high risk to invest in BNB as long as Binance and CZ have a case with SEC. However, we believe in BNB future, no problem to keep them as a very speculative asset.

I hope CZ and Binance management will fix the problem after CZ serves his sentence. So, the price of BNB can be like XRP, it probably increases significantly again if the case is over. It is because the investors will be optimistic again with the future of BNB.

vs2014

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This is purely your decision because if you bought bitcoin at a low price then sell it now even if it is a profit. As long as binance exchange is alive this coin entity will serve people so i think bitcoin should only be long time investment. I may have seen that there are many positive signs in the crypto market this year that will lead to a bull market in the future. However it is important to have a bold attitude to invest so you first track how much profit is now attached to your wallet and if you want you can consider that money as a further investment elsewhere.

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Quote from: nimogsm on December 07, 2023, 08:49:54 AM

Quote from: Wahyuihib on December 06, 2023, 09:28:47 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

recent events did not greatly affect the operation of the exchange and bnb itself. There was an outflow of funds, but later everything began to work as before. At the moment, I don’t see panic among traders and investors in bnb and I think that there will be no changes in the near future.

Your expectations may not be confirmed because anything can happen to any exchange. CZ is currently in America and the court has banned him from travelling abroad. If something happens to CZ, it will definitely have a negative impact on Binance and bnb.

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Quote from: Wahyuihib on December 06, 2023, 09:28:47 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

The issue Binance is having with the SEC is that with CZ and not against the existance of Binance exchange anymore, but what keep surprising me is the continue attack on them and how it keep transcending from one end to another, so for now, it's nothing risky to invest in their coin because they are not announcing any hardship or closure yet, they also hype and overrated their own currency to make it one of the best forming ones even though it's not the best.

nimogsm

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Quote from: Wahyuihib on December 06, 2023, 09:28:47 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

recent events did not greatly affect the operation of the exchange and bnb itself. There was an outflow of funds, but later everything began to work as before. At the moment, I don’t see panic among traders and investors in bnb and I think that there will be no changes in the near future.

inthelongrun

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The February verdict on CZ's case might impact BNB's price. But it doesn't mean that it will only fall. There's a possibility that it will pump since BNB is not CZ. The weak hands probably sold their holdings already and maybe some are dumping regularly, so a pump is possible by February. Luckily we are in a mini bull run which is probably why BNB isn't dropping hard.

I am still holding my BNB. I haven't sold even a small portion although I am not planning to buy more at the moment. I'll just have to observe. At the moment, BNB is still next to Ethereum although XRP is getting closer with only a billion in difference.

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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

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Quote from: soramon on December 06, 2023, 09:46:40 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 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

with the current news are you sure you will keep holding BNB, after hearing rumors that they will have to pay a 4 billion dollar fine.
btc and other altcoins are rising but bnb prices are stable and not rising, this may have an effect in the future.

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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.

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

fzkto

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Quote from: Reatim on October 11, 2023, 01:52:34 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.

While 800 dollars seems big amount for you , but if you are trusting this coin then why not keep it for another year at least 2024-25.
but if you think that this money is for you to keep safer then best to convert in USDT and let it sits for another investment position.
though for me personally? I will convert it now for Bitcoin for further investments.

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.

Bitcoinpoly

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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.

Actually Platforms tokens can never go out of existence unless the exchange collapse, though at the same time you can choose to why your choice among other platforms exchanges to know the best performing one, as of this year 2023 $BGB of Bitget exchange happens to outshine all other platforms token, the platform token of OKX equally did great like wise $BNB. If actually you want to go by their performance and future value $BGB will be a good token to invest on.

Reatim

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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.

While 800 dollars seems big amount for you , but if you are trusting this coin then why not keep it for another year at least 2024-25.
but if you think that this money is for you to keep safer then best to convert in USDT and let it sits for another investment position.
though for me personally? I will convert it now for Bitcoin for further investments.

Sebas.tian

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Quote from: raidarksword

Why would you sell bnb that is backed up by binance and has lots of utilities already? Never sell it of course and continue to hold until the right time comes which is the bull market seasons. Don't listen to your friend maybe he is just delusional.

If you know that you have other means to sustain yourself in this bearish season to allow you to continue holding, you can do it because there is a bright future ahead of binance, and you will not regret because the coin is among the potential coins in the crypto market. I believe, the bullish market is very close for those that is finding it difficult to solve their financial challenges to use the opportunity to visit the market to release their coins they have been holding for long to make a suitable income. Those that always listen to their friends in the community, always missed their opportunity at the end of their waiting for breakthrough to the bullish season because they lack personal research in their holding.

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Quote from: kotajikikox on October 10, 2023, 06:36:12 AM

You have been holding for almost a year, cannot you decide what to do? sell it now or maintain the holding while there is something coming sooner.

Well. Those that cannot wait on what's about to come to BNB should take their moments thinking what's the best thing to do.

It's either hold or buy more for them so that they can see that there's gonna be a lot of room for it to move because the bull run is yet to come.

And if he's going to sell, I just hope that he won't regret that move later on when he's looking to the market and how it looks like.

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Quote from: Romeotom on August 09, 2023, 02:22:01 PM

In fact, it is pointless to criticize selling because it is completely your personal crypto life because after you buy a coin, you should decide to sell it only when you get a profit from your investment. So you can otherwise hold on to the coming bull market but in my opinion should sell and reinvest fresh.

Well, because this is about Altcoins, holding them in the long term will actually be riskier. So selling when you have made a profit is much better. I personally do that too. I even sold the BNB that I had when the price was above $300. and Now I'm in accumulation mode again since the price was $230. I am targeting purchases until BNB declines to the $186 price level which may be reached if the market suddenly turns red.

Accumulate when the market is red and start selling when the market is green. I think this is a common thing that everyone knows. But saving it until the bull market really comes is also not a problem if we only buy with money that is ready to lose. Because all decisions and responsibilities are in the hands of each of us. So. DYOR.

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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.

You have been holding for almost a year, cannot you decide what to do? sell it now or maintain the holding while there is something coming sooner.

forexandcryptoauditor

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Not sure if you are still holding it or not. If you have not sold it yet, holding it is the best option now. BNB has a very bright future and there is a long way to go. I believe BSC is the second choice for many of the projects (most of them have first) for dApps for selection of blockchain network. When ETH had gas fee issues, most of the coins switched their network to BSC which benefitted BNB. Also, the top benefit of BNB is having Binance exchange and its huge community, so the appraisal is never-ending.

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Quote from: Dr.Osh on October 09, 2023, 04:56:47 AM

Quote from: bittick on October 03, 2023, 06:36:11 PM

BNB have future as long as binance still exists, but its indeed better to invest in bitcoin because bitcoin known to grow from year to year.
the only thing that will hold you from investing in bitcoin is probably the fact that $800 is not significant amount to invest, more likely have little profit even if bitcoin rise 20%.

Yes, but if someone continues to add BNB to their portfolio, it's best to continue and add Bitcoin to their portfolio. However, BNB is still an altcoin with great potential today. If a bull market occurs, I am quite sure that one of the altcoins that will rise highly is BNB. However, if you are still not sure about that, then converting all the BNB you have into bitcoin is also no problem. However, personally, I would probably still hold it.

It will be better if someone can add BNB and Bitcoin together in their portfolio. That will be good for him as when the Bitcoin price rises, he can make a profit by selling his Bitcoin. Meanwhile, when the altcoin season comes, he can sell his BNB, giving him more profit.

Converting all the BNB to Bitcoin now is not recommended as the BNB price has not reached the new high price. So he should wait until the altcoin season comes first and increase BNB prices to sell his BNB.

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Quote from: Zee27 on October 05, 2023, 03:39:42 PM

When I started investing in exchange tokens, I bought Biance BNB and Bitget's BGB. Comparing both tokens now, BGB performed way better. A review by TokenInsight shows this. Secondly, following the recent regulatory issues and their exit from some regions, I personally can't say how it'll perform. I sold a portion of my BNB holdings.

maybe it has to do with the fact that BNB has risen a lot from first they introduced their Binance Smart Chain back then when NFT trend was still a thing and there are tons and tons of project that utilizes the fast transaction per second in which binance smart chain excels at like those blockchain gaming project and the likes.
after reaching their all time high they always went down hill, there might be reasons for it but I guess they are already valued too high enough that people already thinking that its overvalued.
therefore BNB isn't performing as good as the other I guess but thats just my 2 cents in regard of why BNB nowadays aren't performing as expected.

Topic: Should I keep my BNB or Sell it? - page 2. (Read 2590 times)