Pages:
Author

Topic: WHAT Does everyone think about HOLDING BNB??? (Read 393 times)

newbie
Activity: 92
Merit: 0
BNB (Binance Coin) is a good token, which must be yours if you are a long-term investor. The Token will not disappear and will not fall until the Binance Exchange develops, so HODL.
newbie
Activity: 77
Merit: 0
Keep BNB tokens for a long time instead of Bitcoin. BNB tokens are promising, but still do not buy them for all your bitcoins. Bitcoin should be the foundation of your cryptocurrency portfolio.
full member
Activity: 406
Merit: 100
In my opinion, I believe it's a good coin to hold for long time Smiley. Althouhg you guys only can trade BNB on Binance but I think it's enough cause Binance is a really good crypto exchange at the moment. Beside as I know BNB burning coin is going to happen very soon that mean BNB price is going to pump very hard after burning coin. Don't miss a good chance to invest in BNB Smiley
full member
Activity: 406
Merit: 102
binnance is currently down  and probably got hacked

bnb holders could see some losses soon

I hope the author has learned a good lesson - never to convert all his savings in one coin or several coins or in cryptocurrencies only. It's necessary to find various ways of income and investment and diversify them as much as possible

I agree, we shouldn't rely on just one project, but there is no lesson on Binance, in a bad way. Is there?
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.
BNB is a centralized company crypto-stock.

If you believe Binance will able to keep its position and keep being a successful company in the future, then invest in it. If Binance does good, your coin will also do good. If Binance gets hacked, your funds ain't safu.

Binance is a centralized exchange. Without binance BNB has no reason to exist.

In the world of crypto, exchanges come and go very fast.

Keep some money/difersify? Yes.
Hodl for the long term? No.

To diversify is almost always a good advice, so I agree with you in that regard. But I don't think that Binance can be equated with other exchanges which "come and go very fast". Binance is a very successful one and most likely it will be doing good in the future, so holding BNB, even long term, is a good idea imo. But of course finding a couple of other good projects and investing in them too wouldn't hurt.
member
Activity: 448
Merit: 37
Binance is one of the worlds top crypto exchanges right now , but the aims to become a indisputable number one in the future . They are opening a crypto to fiat exchanges in countries where it is allowed by laws and have a plan to create their own decentralized exchange . Also , binance burns bnb tokens from time to time , and decreasing supply make bnb very attractive for holding .
member
Activity: 322
Merit: 10
Tokenize Everything - https://www.udap.io/
binnance is currently down  and probably got hacked

bnb holders could see some losses soon

I hope the author has learned a good lesson - never to convert all his savings in one coin or several coins or in cryptocurrencies only. It's necessary to find various ways of income and investment and diversify them as much as possible
member
Activity: 560
Merit: 22
With the ongoing burning of BNB it may rise to even greater heights in the near future. The only thing I would ask myself is will there be any other exchange doing the same thing a lot better anytime soon. Nowadays Binance is a big player, but why would this always stay the same...? I suspect BNB will be affected too should Binance become a less important player. For now I do see the potential of owning more BNB though Smiley
full member
Activity: 406
Merit: 102
I've started holding lately and I don't think I sell it in short term.
jr. member
Activity: 124
Merit: 1
BNB is the current first exchange Taiwan dollar, but I don't think it has more potential than bitcoin.

Exchanges are likely to be overtaken by bad decisions, and bitcoin has too much in common. I prefer to hold bitcoin.
sr. member
Activity: 574
Merit: 250
 I want to say that it is good to have a diversity among your coin because you should always be looking after some trends, and if one day BNB will become a trend you would be lucky man to hold it.
newbie
Activity: 67
Merit: 0
Im hearing all this news feed from different places and its all saying btc price will drop but eventually climb back up.  BNB held very well during the drop from 20k btc to 6k btc.  Im just planning ahead.  I dont like the idea of shorting BTC so I rather move my funds towards BNB. 

Ill be honest,  the more I hear the word decentralized being brought into conversation, it does remind me of the risk I take with all the alt coins in my portfolio.

Any other tokens/coin fall into Bitcoins category?

meaning decentralized and belongs to no entitity?

Thanks again for your input on here.  Im liking this forum more and more as I  continue to learn from all of you.
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I am just waiting for the prices of the BNB Token to drop a bit so that I could purchase a big amount of them. Binance is currently the number one exchange for crypto currencies and one of the most secure exchanges. The thing that makes BNB tokens valuable is cause binance buys tokens from a portion of its profit and than burns those tokens.
newbie
Activity: 58
Merit: 0
the expansion of finance by entering the Fiat market may adversely affect the bnb coin. Well the head are not fools so we'll figure it out
full member
Activity: 252
Merit: 103
Prolonged correction, government bans and a decline in interest in the sphere led to the fact that the cost of Binance Coin and other crypto currency stopped in growth.  This once again proves that the crypto currency market is a very young market, on which it is difficult to predict, to make a forecast or even to assume what will happen to the course tomorrow.  Those events that strongly influenced the market in the past and even in earlier years, can no longer have such an outcome.  An example of this is the conference "Consensus 2018", which in previous years moved the cost of bitcoin to the moon, and this year, we see a lack of response, at least at the time of this conference.  All this is connected with the fact that the market has become more capitalized and in order to move it from the place it is necessary to make more efforts. I do not recommend using the Binance Coin crypto currency as a tool for investing, because this crypto currency is quite a different destination, especially since any  a malfunction in the work of the Binance exchange will entail a decline in the value of BNB. The Binance Coin's BT currency is best used for its intended purpose - for trading on the exchange and saving on commissions.
legendary
Activity: 3276
Merit: 2442
BNB is a centralized company crypto-stock.

If you believe Binance will able to keep its position and keep being a successful company in the future, then invest in it. If Binance does good, your coin will also do good. If Binance gets hacked, your funds ain't safu.

Binance is a centralized exchange. Without binance BNB has no reason to exist.

In the world of crypto, exchanges come and go very fast.

Keep some money/difersify? Yes.
Hodl for the long term? No.
copper member
Activity: 251
Merit: 11
Holding BNB will be very profitable. My vote for HOLD. In this bear market BNB is still doing good, and if the market goes up then BNB can easily hit 50 USD! So, holding BNB is like Holding EOS Coin to me. It will give profit for sure.
full member
Activity: 504
Merit: 103
I just want to know everyone elses opinion.  Im planning to HODL more bnb instead of BTC

I think trading BNB for the moment where crypto is in a dip is more profitable that holding it. Ive seen BNB and it was very active for trading even when crypto is down. So while prices are low, I think its best to earn more BNB than doing nothing and wait.
member
Activity: 224
Merit: 13
I really like this token. Bought it for a long time and earned good money on it. I try to buy at every serious fall. It's already expensive.
newbie
Activity: 210
Merit: 0
BNB is not a good coin for hold because it's just a exchange coin, all it needs is stablize not profit  Cry
Pages:
Jump to: