Topic: What do you think is the right time to buy BNB now? - page 7. (Read 1169 times)
Yes. This is the best time to buy BNB. Use the strategies, do your own research, in the future BNB prices are likely to go up. Seeing for the current market trends I think you also Wait a few more days so that it might increase also.
for me personally there is no doubt at all to invest in BNB, if you have money even if you are a new investor then there is no need to hesitate to buy or invest any capital in the form of BNB. because altcoin BNB has great potential for investment. but you also don't forget to prioritize BTC first.
It depends also if the trader wants short term or long term. He should weigh possible consequences here even if BNB is very promising right now. But as long as you apply the simple rule of trading, buy low sell high, I think you're good to go. There is no right time or wrong time to buy, it is just a matter of how you strategize not to incur losses.
I trust BNB and I know it will soon recover after losing the momentum and having started to accumulate BNB this time will have a profitable result. I know the risk is high but that was not in the case because we know that the Binance coin has strong support form the team and we know the capability in this coin. That I was not losing my hope to think that BNB will do the rally in the coming days.
What I saw this time will actually be the same as what it happens last May which it drops early that month but it also recovers before it ends. That will something implies that we can be moved high before we end this month (June).
What I saw this time will actually be the same as what it happens last May which it drops early that month but it also recovers before it ends. That will something implies that we can be moved high before we end this month (June).
Here's the technical analyze for BNB now, it's daily timeframe chart.
For me, it's kinda risky now if you are asking if now is the right time to buy.
If I were you, I will wait for the right time, like some breakout in some horizontal support there or in that trendline you see in the chart, it could be a significant move once we see some breakout.
Looks like this is a picture of Bitcoin and Binance coin pair last year. Profits can't be calculated easily to other top coin pairs, same you can't predict about Binance coin by seeing 1 year charts. In coinmarketcap check Binance coin price in USD, totally different than you and it's uptrend. For me, it's kinda risky now if you are asking if now is the right time to buy.
If I were you, I will wait for the right time, like some breakout in some horizontal support there or in that trendline you see in the chart, it could be a significant move once we see some breakout.
BNB already has a high price now, but in my opinion the price can still go down again because in analysis BNB prices have just experienced ATH last year, it takes time for BNB to fly again
The chart looks to try to go down to another bottom price and it seems like the bullish trend for binance has already ended since the end for the hype for IEO. BTW Op needs to wait even longer before he wanna load a lot of binance coins. i do agree about binance is over valued right now and isn't it better for OP try to stick into another promising coin?
https://i.imgur.com/MsLnfmi.png
Here's the technical analyze for BNB now, it's daily timeframe chart.
For me, it's kinda risky now if you are asking if now is the right time to buy.
If I were you, I will wait for the right time, like some breakout in some horizontal support there or in that trendline you see in the chart, it could be a significant move once we see some breakout.
Here's the technical analyze for BNB now, it's daily timeframe chart.
For me, it's kinda risky now if you are asking if now is the right time to buy.
If I were you, I will wait for the right time, like some breakout in some horizontal support there or in that trendline you see in the chart, it could be a significant move once we see some breakout.
If you want to suggest to OP the trend, I wouldn't have used the value of BNB in BTC but rather on USD or a stablecoin. Showing a chart against BTC is misleading because of its volatility and direction of its price trend usually affect most of other top altcoins in the same direction.
One of the simplest way to follow a trend without going on complex technicals is to use the the chart BNBUSD with 200-Day or 50-Day Exponential Moving Average (EMA).
In the shot below, the green line is the 50-Day EMA, the red one is the 200-Day EMA.
https://i.imgur.com/KUMMCuk.png
Binance may come up with a big announcement about BNB in a few days, which is why BNB prices are likely to go up a lot. It has been a long time since the price of BNB has not increased at all One thing you will notice very well when reviewing the prices of other coins is that the price of BNB coins has not gone up yet. Binance is a platform that owns 70% of the world's crypto marketThe way BINANCE is introducing new coins to the world through their own platform is their own coin. BNB is looking forward to bring something bigger for them. So in my own opinion, I think now is the right time to buy BNB do you think so
What kind of announcement you are talking about? I don't see any big announcement related news anywhere!And what's that 70% means?
I think that's the right step because as we know BNB coins are included in one of the coins that have a good reputation among crypto users. Back again to our readiness when going to buy a coin, we can consider the actions taken and know the risks that will occur. and one important thing, I really like this coin and I also trade this coin a lot.
Binance may come up with a big announcement about BNB in a few days, which is why BNB prices are likely to go up a lot. It has been a long time since the price of BNB has not increased at all One thing you will notice very well when reviewing the prices of other coins is that the price of BNB coins has not gone up yet. Binance is a platform that owns 70% of the world's crypto marketThe way BINANCE is introducing new coins to the world through their own platform is their own coin. BNB is looking forward to bring something bigger for them. So in my own opinion, I think now is the right time to buy BNB do you think so
Any good work isn't so easy, last Binance did a good job. Binance did a huge pump for this announcement, so the next announcement isn't possible a few times. Without a big announcement, any single coin can't pump huge. Recently Vechain has been doing good for some announcements. You should wait for an official announcement, don't trust any scam announcements.
Still being the leader of exchanges, Binance always stands still. No doubt this drives BNB investors. The new announcement from Binance is not sure when it will come. Looking at the current trend of market, we can still wait for some period and can accumulate more for the long term.
If you are willing to hold for long then this the right time buy BNB just sell it when the price touch $25 - $30. BNB is a potential altcoin.
for me personally there is no doubt at all to invest in BNB, if you have money even if you are a new investor then there is no need to hesitate to buy or invest any capital in the form of BNB. because altcoin BNB has great potential for investment. but you also don't forget to prioritize BTC first.
It depends on your choice, l mean BNB is really one of the cryptocurrencies, which is so profitable. But BNB is not enough good for short term investment, if you are a long term investor, it can be the best time to collect some BNB till price rising up. As you know the cause of some problems the market is not so good as expected, and prices are so down including price of BNB. BNB is still down, no doubt this will change and you can take a chance. Preferring top altcoins is so good method to make a profit.
The BNB is currently heavily inflated; Even then I think there is still the right time to buy BNNB. Benines and BNB have always been a high potential project for me. Benin is introducing the new currency BNB to the world through their own platform. The BNB is hoping to bring something bigger for them.
actually, you can predict for yourself whether or not BNB is worth buying at this time!! in my personal opinion, BNB is very worth buying right now, you can see ATH BNB is $39 (CMC Jun 22, 2019). Binance exchange is likely to experience a surge in users in the next few years and it will certainly make BNB grow because of the increasing demand..
So the first time I invested at Binance was when it was beleow $1, but i sold early. Since I am quite a time in the crypto game I would suggest you not to buy the news and rather sell the news if possible
I've seen that BNB has plunged more than 50% of its price before. And coming from you op, they have the most volume of traders in the world so that's already a confident reason why you should buy BNB. Ask yourself, if BNB will go back to $30+ then you should buy.
But if you are not a long term thinker for the coin, you shouldn't buy. That's all I can say for you because I'm not the one that's investing but it's you and your own money.
But if you are not a long term thinker for the coin, you shouldn't buy. That's all I can say for you because I'm not the one that's investing but it's you and your own money.
If we look at how much BNB lost from its maximum value, we will see that this coin lost less than bitcoin. And if you compare with other altcoins that have lost 90% of their value, you can understand that holding BNB is very profitable for the trader.
Binance may come up with a big announcement about BNB in a few days, which is why BNB prices are likely to go up a lot. It has been a long time since the price of BNB has not increased at all One thing you will notice very well when reviewing the prices of other coins is that the price of BNB coins has not gone up yet. Binance is a platform that owns 70% of the world's crypto marketThe way BINANCE is introducing new coins to the world through their own platform is their own coin. BNB is looking forward to bring something bigger for them. So in my own opinion, I think now is the right time to buy BNB do you think so
If for long-term investment, yes, I agree, but currently BNB is not suitable if you make it as a short-term investment. I personally am very confident about this Binance coin, their future is still bright and long. So for those who want to invest with BNB, currently it is still very appropriate to buy it.
I don't think it would be the right time to buy bnb as it's already inflated a lot and many other exchanges are giving a tough challenge to binance. Even the dex are getting better and normal exchanges are taking place more on dex than on centralized exchanges. Though Binance still remains popular for it's IEO platform, every thing would have it's limit.
Why not! BNB has a good price and its from one of the top exchanges from the coin market cap. Also, BEP2 blockchain is also getting popular day by day and many project migrate into it. BNB is a project that related with one of the popular crypto markets that own a big amount of investors so I think its the right time to buy some BNB if possible.
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