Topic: Should I keep my BNB or Sell it? - page 6. (Read 2822 times)

I can't give you specific financial advice. It's up to you to decide what to do with your $800 worth of BNB. If you're feeling unsure about BNB's future, it might be a good idea to do some research. Look into recent news and developments surrounding BNB and Bitcoin. This will help you get a better sense of their potential. One thing you might consider is diversifying your investments. Maybe put some of your funds into stablecoins for a more stable option, and save some to invest in Bitcoin for potential growth. By spreading your investments, you can balance risks and rewards. Keep in mind that the cryptocurrency market can be wild, so take all the risks involved. If you're still not sure what to do, don't be afraid to ask your friends or someone with experience in the crypto world. They may be able to help. But remember, at the end of the day, the decision is yours. Do your research, trust your gut, and make a choice that feels right for you.

At these stage i will advise you to sell you Bnb into a stable coin cause the market is not looking good at the moment we are still in a bear market and altcoins can easily loose their value within a short period of time and since you are still new to crypto it is better to secure your funds for the mean time.

I am not a person to give anyone any investment advice, but if I were you, I would sell at least half of you current BNB and buy other coin, I am not saying that BNB is bad or anything, but it's just better to diversify your portfolio if you want to hold onto it.

I think BNB is a good coin. You can simply hold longer. Right now the price of crypto is falling. Wait for the price to rise and you will get a good price to sell BNB.

Wow, this is interesting "BNB is a stablecoin of Binance" is that true??. as I know BNB is BNB. Binance has BUSD which is not much different from USDT. But it's interesting you have a good sense of humour.

It's true, why is there an increase in demand for BNB, right as you said, everyone needs gas if they want to buy or WD a coin or take it using the BSC network. Yes. market conditions but judging by the defense I admit it is quite strong. they do not neglect to bounce back even the strongest corrections.

It's true that patience is vital to holding BNB and not just it but also other prospect cryptos that we've got. I still have my BNB that I bought when it was on the top and I'm not even too hasty to sell it at a loss. I've learned a lot from selling at losses and this isn't the right time for me to take the cash in loss.

Not yearly, it's not constantly increasing because if so then it's something that people should worry about.

Hold your BNB until next year because bullrun will come, never think about to sell your coin that just make you loss of profit, patience is the key of success. Do things like DCA buy more. Especially BNB is the best Altcoin ever after ETH and also Ecosystem on BNB chain have great power for manipulation of market so don't worry about it, every year BNB price always increase and consistant

BNB is a stablecoin of Binance, which in itself indicates reliability. Yes, this coin is also subject to fluctuations, but this is a market, and you can't fake anything here. Also, BNB needs to pay a fee for each transaction if you use the BSC network. I always keep this stable with me. I need it to participate in various sales from this Chinese exchange. And recently I have not seen any problems with BNB. I would not sell, but I would not keep the entire portfolio in one coin either.

Well, that's the important thing that we have to realize. Now along with Bitcoin's correction, we are also seeing a similar correction in BNB coin. (altcoins tend to follow the movements of Bitcoin). But the correction that occurred in BNB looks healthier. Which means that the level of accumulation of BNB seems to be increasing and getting stronger. People are starting to realize the potential of holding this one altcoin. Maybe one of them is a Launchpad hunter like me personally. But yeah, the point is as long as Binance and CZ stand tall and are able to fend off all the Fud that's headed their way. So yeah until then BNB will still be an altcoin that has strong fundamentals. this is the same as Ethereum will remain strong when Vitalik Buterin is also still in a strong position and there is no fud going to him. Even though right now it seems like a lot of big media outlets are being paid to badmouth Binance. but from the news that is conveyed we can judge that it is only hoax news that is forced. Because they are trying to collect negative things about Binance but they are desperate because they don't find much evidence whatsoever. so that the news is a little funny. but it still has an effect if the beginner reads it. But fortunately Binance and CZ always respond quickly. so that fud always ends quickly.

If not for anything again, you can use BNB to participate in BNB lunch pad which might give you some good returns, almost all the project that is been lunched on Bianace did well, so you can keep it and use it to participate in lunch pads

True, there are always oblique issues whack this platform. Most recently Binance was faced with allegations related to mismanagement of funds and violations of US banking regulations which resulted in the withdrawal of client funds from the company's funds. However, Binance stated that they had combined the company's revenue with customer funds and that the amalgamation occurred on a daily basis during the 2020-2021 period. Therefore, there is confusion as to the truth of these two statements which is true.

The big altcoin BNB has hurdles against FUD attacking it every time but the price of the coin doesn't matter because CZ has all the solutions to prevent that, but the important point is that BNB is still part of the altcoin, so any investment so make sure to use funds that are ready for long term investment because the advantages of crypto investing are only for those who are ready to hold on until the bullish season and they stay calm when the market corrects because rainbows will appear after the rain storms pass.

Short, but also interesting what you write. but that's okay, I think it's good because that's how trading works, it's very identical to selling it and buying it again. But if you already know that after these two moments, you will really look forward to it, especially if you buy BTC now and sell it again for a long time and you will say. It's also interesting to invest in crypto.

Holding BNB also has the advantage of being stored on Binance. But yeah, saving on a centralized exchange has a high risk. It's just that the benefits of holding BNB will only be more profitable if it is stored on Binance itself. Because when Binance holds Launchpad then that's when we will be grateful to have bought BNB and kept it. But never buy during Launchpad because by then the BNB price will already be at a high price. So I always wait for the moment to buy BNB when the price is correcting.

BNB usually experiences a correction when Launchpad ends. because people tend to sell their BNB when Launchpad ends. so anyone can do the same thing, namely buying during corrections or when there is no news about Launchpad. And then selling at a high price when Launchpad ends. But actually, even without selling it, we will benefit from Launchpad Binance itself.

But because BNB is still an altcoin. so still we have to be careful and only put in money that is ready if we have to lose. and be careful if any fud attacks Binance. Because usually this always succeeds in making the BNB price decrease quite a lot. I personally usually take advantage of this to buy more. because BNB usually only undergoes a correction in a short time. But of course before deciding to buy we also have to see whether the fud is over or not. because if the fud has not ended then a deeper correction could occur. DYOR.

I think that bnb should of course be kept on your wallet, since I believe that this cryptocurrency has a future, since this cryptocurrency is involved in one of the best exchanges today, that is, trading on Binance is done for bnb, so the actual crypto was not traded on the stock exchange, judge for yourself what conclusions suggest themselves

Binance still has a potential. Let it shake some jeets on its Binance Dumb Chain where it is easy for frauds to do their activity with less transaction fees unlike on Ethereum Network. I hope that Binance Labs still continue to develop some promising projects like INJ and CAKE; and, if it does then I can see a good growth on BNB again.

Despite the high priority of Bitcoin, sometimes investing in potential altcoins like BNB, ETH is also very profitable because altcoins pump relatively more in short time. and BNB will reach a much better position in the future so it is better to hold without sell if possible

The future of BNB can be bright and have more potential than ETH because the bsc chain as well as the binance exchange are doing great things day by day and catching the attention of crypto lovers.  Since the FTX bankruptcy, Binance users have increased a lot and people have started to trust binance more.  So BNB is a good plan to invest for long term. one can invest here even for short term as it has low price and high price rise, it is possible to earn profit from here.

I agree with you that BNB is the right choice for both short term and long term investment. Apart from being able to get satisfying returns, investing in BNB is almost as safe as Bitcoin and Ethereum which can have 3x price increases. That is why BNB is the best investment if you are looking for a cryptocurrency that is safe to invest in and also has a high probability of increasing in price.

Sometimes you really say that I have to sell my BNB, because of market fluctuation or not giving marginal profits. But when deciding whether to keep or sell your assets like BNB, it's essential to consider various factors, such as your financial goals, market conditions, asset performance, and personal circumstances. But before taking any decision, determine your short-term and long-term financial objectives and establish clear benchmarks for when you will sell an asset.
   If certain assets have significantly appreciated or underperformed, you may need to rebalance by selling some assets and reinvesting in others to maintain your desired asset allocation. Always keep in mind that the choice of whether to keep or sell your assets should be made after careful examination and assessment of your particular circumstances.

if you want to invest for the long term, then Bitcoin is the right choice, because in my opinion Bitcoin is the best investment for the long term, so you don't need to be afraid if in the future you don't get profit from investing in Bitcoin, because the price of Bitcoin will definitely increase very high in the future (create a new ATH price) and of course it will give you a lot of profit from investing in Bitcoin at this time.