Should I keep my BNB or Sell it? - page 4.

kevindjunaidi

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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.

don't trust your friends, because in my opinion BNB is very good for investment, so you better keep holding BNB that you have, because the price of BNB will surely reach ATH again or even create a new ATH price, so you have nothing to lose by holding BNB in the long term, because you will definitely get a lot of profit from investing in BNB.

raidarksword

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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.

bitterguy28

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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.

are your friends a good analyst ? because how they can just say to you that one of the ranking coins and most used exchange now
(their coin) will have no future at all.
I think they are exaggerating and not knowing what they are saying.
but if you feel not secure then better
to convert all of the amount in Bitcoin so you'll be in better positioning , but since you asked this 7 months ago, wondering what have you decided
and what is your next plans?
any update will bring us light and will tell you if there is a need
to close this thread to prevent more spams if you have already made your choice .

kawetsriyanto

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Quote from: Bobrox on August 09, 2023, 12:02:03 PM

Current from last month, BNB price drop drastically from $330 and right now stuck around $244, have been 30% of BNB coin price drop after SEC investigating with Binance exchange and get directly impact until one month difficult for BNB back to higher price. Comparison with Bitcoin or ethereum its trues worth and fast profitable for investing than BNB, but BNB give many offer for staking and earn coins trough Binance launchpool and launchpad. I spent my trading with Bitcoin, Ethereum and BNB although for last coins is not fast profitable than Bitcoin and Ethereum, optimistic with many kinds of Launchpad and launchpool from Binance exchange get impact at the future BNB back above $300 and have chance for earning much profit by holding BNB coins right now.

If you only target to take profits when the price returns to $300, I think it is very easy to achieve. It is not only BNB price that seems a bit difficult to increase, most of crypto coins prices are experiencing the same thing. I know that there is an impact of Binance problem with SEC, but the price of BNB looks stuck on $240-$245 because BTC price looks like in the sideway phase. Most of crypto coins follow BTC price trend, including BNB price as well. Although BNB problem with SEC isn't over yet, I'm sure BNB isn't impossible to create its new ATH when it is in the bullrun season. Also, I trust Binance that they will fix their problem with SEC as soon as possible.

Romeotom

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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.

Bobrox

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Quote from: Rupok on August 09, 2023, 06:41:38 AM

BNB has dropped in price a lot in recent months so now BNB investment can get good returns. So you can invest BNB and hold some. BNB still ranks after ETH and is one of the best altcoins in the market. Bitcoin investment from BNB will definitely be good but Better to hold BNB than Bitcoin if you have less money. There is no profit in investing in stablecoins, so convert your money to BNB instead of converting it to stablecoins. Bnb is the safest among the altcoins, also invest in bitcoins if you don't feel safe. If you are still unsure about the future of bnb then come back to bitcoin.

Current from last month, BNB price drop drastically from $330 and right now stuck around $244, have been 30% of BNB coin price drop after SEC investigating with Binance exchange and get directly impact until one month difficult for BNB back to higher price. Comparison with Bitcoin or ethereum its trues worth and fast profitable for investing than BNB, but BNB give many offer for staking and earn coins trough Binance launchpool and launchpad. I spent my trading with Bitcoin, Ethereum and BNB although for last coins is not fast profitable than Bitcoin and Ethereum, optimistic with many kinds of Launchpad and launchpool from Binance exchange get impact at the future BNB back above $300 and have chance for earning much profit by holding BNB coins right now.

Rupok

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BNB has dropped in price a lot in recent months so now BNB investment can get good returns. So you can invest BNB and hold some. BNB still ranks after ETH and is one of the best altcoins in the market. Bitcoin investment from BNB will definitely be good but Better to hold BNB than Bitcoin if you have less money. There is no profit in investing in stablecoins, so convert your money to BNB instead of converting it to stablecoins. Bnb is the safest among the altcoins, also invest in bitcoins if you don't feel safe. If you are still unsure about the future of bnb then come back to bitcoin.

Ahli38

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Quote from: Jocuserious on August 08, 2023, 02:40:07 PM

It is of course true that bnb is not a stable token and its price may go up and down in the future so keep yourself up to date even though crypto investment is always risky. Simply put, bnb coin is really the best because their marketplace is now in most of the countries where their investors are huge. If you have more amount of money you can handle all the process easily so don't invest full capital completely.

Because this is an altcoin, the prepared capital must also be at a capital value that we are able to bear the risk. But yeah, as long as the Binance Exchange is standing strong and CZ as the owner still has a strong influence in the crypto industry then holding BNB is still feasible for the medium term. Because the current BNB price has not fully returned to its high level. And still worthy of accumulation. I personally am just repeating buying and selling of BNB. i.e. I always buy when altcoin coins are corrected. And will sell when there is a Launch Pool event.

Well someone else might buy when there's Lunchpool on Binance. But I act otherwise. Because BNB prices always go up when there is a Launchpool. And I think it's the right time to sell. And I will prepare to accumulate again when Launchpool finishes in a few weeks, when BNB again experiences long and corrected sideways.

Jocuserious

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It is of course true that bnb is not a stable token and its price may go up and down in the future so keep yourself up to date even though crypto investment is always risky. Simply put, bnb coin is really the best because their marketplace is now in most of the countries where their investors are huge. If you have more amount of money you can handle all the process easily so don't invest full capital completely.

fmz89

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i would not holding token utility from exchanges. if exchange getting problem the token should doing worst than anything first
there is ton coin outhere while there is undervalue at this moment. try doing some research in bear market while the train still not moving out Cheesy

VFalcon

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BNB has a future thanks to the binance exchange, but if you want to invest in a stable coin, you can try TFS token, they have a good growth for a year now

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Quote from: Tomcolor on July 01, 2023, 01:10:12 PM

If you got profits from your invest then you can sold now but otherwise healthy hold. After sold then you can buy again when bnb price again going down. Anyway bnb coin another top level so you can hold very long time. Bnb project community strong and promising even there very larger investors support.

It's always nice to keep holding on even if the price is falling as long as you already get your capital and some decent amount of earnings from your last investment because there is no turning back once the price will crash. But BNB is not the same as the other coins out there because they are still working on making their product and services the best of the others and also they are not giving the SEC anything that they can use against them to close their exchanges. You will always find a reason to not sell your BNB if you are willing to wait up to the next bull runs after next year's bitcoin halving.

raidarksword

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Never sell a token like BNB because, it's the native token of Binance that we know of the biggest crypto exchange in the industry and by that it has lots of potential growth towards the future of cryptocurrency in the upcoming years. I suggest to keep it because surely it will hit an All Time High next bull market.

dlightag

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Selling of BNB digital assets is base on individual difference on your price target to sell and is an asset got from NFTs sold, that gives you BNB worth of $800 and if you can bear with me, check when you have BNB and base on the price value, if is higher price from the initial time aquire BNB Coin, is good to sell and buy Bitcoin. Going for stable coin holding, it doesn't add any value rather assets remains constant, but rather

Bobrox

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Have many advantage side when holding BNB coins than try to sell it, current now in Binance exchange have several launchpool for BNB coins holding and stake your BNB to earn from SEI until CYBER coins. You can earn both coins when staking your BNB without any deduct yet until farming finish and earn both coins depend with how many BNB stake. For BNB coins have good side when holding on long term as investment fund, we can participants in Launchpad when Binance opening new launchpad and I think worth with holding BNB in the future.

Don't worry about how many FUD for BNB coin but if hold in Binance exchange you get amazing service and advantage there not only with staking and earn few percent reward interest but also has Launchpad and Lauchpool on some time.

arufox

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I think if you have $800 worth of BNB that you got from selling NFTs that you got from the airdrop maybe you can sell now while the BNB price is good where the BNB price is currently trading between $235-$240. You can sell at the current price, then buy again when the BNB price drops, then hold on while waiting for a more significant price increase.

Farma

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Quote from: Pierre 2 on June 14, 2023, 02:18:38 AM

I think BNB will never go like other altcoins because Binance is biggest and most popular crypto exchange and BNB has real use case of cutting trading costs. I don't think law suits are meaningful because its mostly about stable coin of USD for sure (they don't exactly talk about but we all know American central bank wants full control over their currency). Binance Smart Chain is centralized I don't deny it, but its still popular blockchain following bitcoin and ethereum in popularity. So I see no reason BNB losing value when we hit to bull markets.

too much FUD on BNB, but I think Binance will address that. I also see that BNB is an altcoin that has the same potential as ethereum. I'm pretty sure that right now there are still a lot of people holding BNB and expecting a high price. I believe that the future price of BNB could reach $1k, although looking at it at the moment, that price is still a long way off.
Personally, I also aim to save BNB for the long term. I don't see that BNB will lose in price with such a big drop. In fact, I feel that when BNB falls, so do some of the altcoins, because Binance is currently the most popular exchange out there. if Binance can't sustain BNB, then I think its popularity will be damaged, and crash, and cause the collapse of the altcoins that the company depends on.

omgitsmehehe

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Quote from: Pierre 2 on June 14, 2023, 02:18:38 AM

I think BNB will never go like other altcoins because Binance is biggest and most popular crypto exchange and BNB has real use case of cutting trading costs. I don't think law suits are meaningful because its mostly about stable coin of USD for sure (they don't exactly talk about but we all know American central bank wants full control over their currency). Binance Smart Chain is centralized I don't deny it, but its still popular blockchain following bitcoin and ethereum in popularity. So I see no reason BNB losing value when we hit to bull markets.

The lawsuit are against stable coins, unlike BNB which is not a stable coin, although it serves the functions of stablecoins most of thr times, used as transaction fees. I'm holding my BNB no matter what, these awful incidence will only makes things worst for us but resolving the problem is to just stick to one's principles and strategy, that will help one in alot of way. The binance native token, BNB have a promising future, there are more pumping coming our way, moreover it's very popular just as bitcoin and Ethereum in the market, traders anticipate in trading and keeping hold of bitcoin.

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

These are got from NFT that I sold back months ago that I got from airdrop.

Sell a portion for your profit, then share the remainder between the different assets, and leave a portion in your BNB. That's what I would do if I got BNB from Airdrops and NFTs.
You have the advantage that you are not trading BNB. Currently BNB prices are below January prices. But that doesn't matter to you because you get it from the NFT which I think is your big profit Grin

judaspriest

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Quote from: |MINER| on July 01, 2023, 02:45:06 PM

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.

Although I don't think bnb is so bad that there is no future of it. BNB is the one of the best reliable altcoin in the market of Cryptocurrencies. But risks are everywhere, in which case I'd say your friend didn't say anything bad but If you want a worry free secure investment then as per your friend's suggestion I would also suggest investing in Bitcoin. Because all other coins have to stress about security but Bitcoin doesn't. So I am also suggesting to you invest your fund on bitcoin for long-term to get a good amount of profit.

For the current conditions, it's a little different in looking at BNB and I think that's normal,
speaking of safe investments, one of which is indeed investing in Bitcoin,
regardless that will be the extent of the future of BNB.

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