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Topic: Should I keep my BNB or Sell it? - page 3. (Read 3171 times)

hero member
Activity: 3080
Merit: 603
January 03, 2024, 08:49:18 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: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
January 02, 2024, 07:25:43 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, 06:11:05 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: 2436
Merit: 267
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January 02, 2024, 03:49:09 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.
sr. member
Activity: 364
Merit: 195
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December 31, 2023, 12:31:44 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: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
December 29, 2023, 07:57:48 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.
sr. member
Activity: 224
Merit: 195
December 29, 2023, 07:30:58 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.
full member
Activity: 448
Merit: 130
December 29, 2023, 07:42:20 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, 10:41:02 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 .
full member
Activity: 2576
Merit: 205
December 07, 2023, 08:50:38 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.
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.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
December 07, 2023, 06:59:30 PM
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.

sr. member
Activity: 756
Merit: 250
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December 07, 2023, 01:17:24 PM
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.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
December 07, 2023, 09:35:58 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
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.
hero member
Activity: 952
Merit: 555
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December 07, 2023, 08:54:15 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

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.
hero member
Activity: 2632
Merit: 649
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December 07, 2023, 07:49:54 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
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.
hero member
Activity: 1862
Merit: 601
The Martian Child
December 07, 2023, 05:20:31 AM
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.
member
Activity: 601
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Artemis
December 06, 2023, 08:28:47 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
sr. member
Activity: 1188
Merit: 251
December 06, 2023, 09:47:05 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.
full member
Activity: 983
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December 06, 2023, 08:46:40 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
sr. member
Activity: 2282
Merit: 439
Cashback 15%
October 11, 2023, 09:59:34 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.
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