Why is Binance Coin a good choice to HOLD? - page 24.

Pejoh Asu

sr. member

Activity: 1484

Merit: 254

Quote from: ATSgrowth on April 23, 2019, 10:16:00 AM

But many people do not understand the purpose of Binance coin, they think that it is new Ethereum, it is not! It doesn't support smart-contracts. As soon as people realize that price will stabilize.

Maybe Binance's long-term project is to be a coin like EOS, with strong brand and capital they certainly have a clear and easy vision to convince investors to put their money to Binance projects.

Bearier

jr. member

Activity: 149

Merit: 3

Binance will soon become a concern. not bad to have in their portfolio tokens.
very good if the price to consolidate at today's mark as the starting point of the bottom of the course.

Danslip

hero member

Activity: 2058

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Binance coin AKA BNB is best investment nowadays in my opinion. Binance made big changes to their exchange last year and they are developing faster than competitor exchanges. BNB will be a leader in the short term.

ATSgrowth

full member

Activity: 924

Merit: 106

homt.net

But many people do not understand the purpose of Binance coin, they think that it is new Ethereum, it is not! It doesn't support smart-contracts. As soon as people realize that price will stabilize.

klaaas

hero member

Activity: 1568

Merit: 544

could think of some reasons bnb could get a big negative impact on the charts, the domain got seized, troubles in the team, flaws, etc. but if it can keep it up like it is going now it would fit good in your portfolio.

Script3d

hero member

Activity: 1232

Merit: 503

If your a frequent trader at binance especially if you trade with huge volume you will benefit alot from just holding the coins in exchange, like fees and stuff, and the more people store their tokens to binance that means more tokens will be removed from the circulation but not completely, the price of binance coin will greatly increase from time to time.

joromz1226

sr. member

Activity: 798

Merit: 258

I think this topic has been tackled several times, and We all knew the answer for this. Binance has build a huge community traders and has a high volume in the market also always belong to the top exchange platforms in at the coinmarketcap. It is also good to hold in long term as well for us to gain big in the future.

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

Binance coin is supported by one of the biggest exchanges available on the Internet and i think this give it more security and popularity. The price is this coin continue to go up every month and i seems like it could be a threat for those coins in the top like ethereum or xrp, as i cant see it competing with bitcoin.

BurstBurst

full member

Activity: 494

Merit: 100

Many say and know that binance token is really good as well as the exchange because I know it's a top exchanger and a huge size of their community so it's not just that their project drops even when lots of dumpers will put bigger wall buyers so they do not dump the price of their tokens and know me that binance is very nice and there is a potential and lonterm really does the binance team to do and lunch but I do not know much about this project but I can guarantee that it's a big advantage for the rise the price of binance and many future investors who buy binance token.

niisarearning

sr. member

Activity: 910

Merit: 252

BNB or Binanace is largely popular exchange among crypto community . Binane coin offering 50% trading Fees while we are choosing BNB as fees . So its daily used coin in most popular exchange . If any coin having real use case it will grow for sure .

AwoCorporation

member

Activity: 296

Merit: 10

Quote from: semobo on April 23, 2019, 08:37:46 AM

BNB has got its value due to most traded coin on that exchange just because it reduces trading fee 25% so it is good for short term investment and very risky to hold for long term.

I agree with you, I invest and trade BNB in the short term. I still think it is too risky to hold the BNB for a long time, because the prospect of BNB market movements is also still likely to be constrained later.

kennen1113

jr. member

Activity: 224

Merit: 3

Quote from: Question123 on April 23, 2019, 08:25:45 AM

Binance coin is good to hold because I think next several months the value of thid turn into $100 and this is really possible.
You do not need any worrh to binance because Im sure our money will grow to this coin.

$100 is probably not a real number and feels like you are too confident and blind to it, I like smaller numbers and match the situation and market conditions, which can range from $30 to $50. And the reason people think binace coin will increase in price and is a good choice to hold for the moment is because its development team is good and stable, and the next reason is the recent highlights, IEO is a great trend, encouraging people to start using the coin of exchange for investment, with these impulses, holding and buying binance coin is too reasonable

UNOE

sr. member

Activity: 791

Merit: 271

This is personal

Binance is one of the best projects right now, they have great exchange with many new users every day. Their coin have utility, because you pay less fees with BNB. Beside that, they burning coins which drives price up. With new decentralized exchange, they are on great way to remain number 1 crypto exchange. They are in news almost every day and they are doing great job so far. Some people says that Binance could be Ethereum killer but I do not think so, they do not even have smart contracts, just like CZ says.

semobo

full member

Activity: 1498

Merit: 146

Quote from: tspmhack6 on April 22, 2019, 11:28:26 PM

First, BNB has the advantage of being a coin master of the exchange. And the crypto trading floor is the project that has the longest living ability, compared to other utility token projects.
Kiss

Second, Binance Coin itself has proved to be safe (safe heaven) after many adjustments of crypto market, although it cannot match Bitcoin and Teether (USDT).
Kiss

Third, the Binance Coin is also the leading coin when it is possible to reduce not much during the time when the market adjusts, and increases the fastest when the market recovers. Stock Traders in the stock market always prefer the leading stock like this.

So what about you? Wink

BNB has got its value due to most traded coin on that exchange just because it reduces trading fee 25% so it is good for short term investment and very risky to hold for long term.

CryptoLogo

sr. member

Activity: 656

Merit: 251

www.fintropy.io

Binance Coin is a really great coin to invest. However, do not go crazy and do not invest all your money in it, this coin can depreciate at one moment, like other coins.

Red-Apple

hero member

Activity: 1470

Merit: 655

generally speaking no altcoin has ever been a good coins to HODL.
then any altcoin that was centralized was even a worse coin to HODL.
then any altcoin that was already pumped was even a worse coin to HODL.

Binance coin satisfies all three of the above criteria and yet OP is encouraging newbies to bag hold it only because he is bag holding it and wishes to get back the amount of money he lost due to the recent dumps.

Question123

sr. member

Activity: 1624

Merit: 267

Binance coin is good to hold because I think next several months the value of thid turn into $100 and this is really possible.
You do not need any worrh to binance because Im sure our money will grow to this coin.

filipe3x

hero member

Activity: 1008

Merit: 500

however, there is Binance exchange at the center of the Binance ecosystem. Which can be hacked in one moment. And then the value of the coin rushes down. This blockchain - Binance chain is not truly decentralized.

baghdatis1990

member

Activity: 504

Merit: 14

Miracle Tele

Binance is the most popular exchange and people trust it, being used by most investors. The coin launched by Binance was good news for them. Why invest in Binance Coin? They have a good marketing strategy, being a great potential, with a lot of popularity. Due to its popularity, Binance Coin has a very high volume of trading, being a currency that greatly increases in the cryptographic market.

ttcsalam

copper member

Activity: 1120

Merit: 2

Quote from: tspmhack6 on April 22, 2019, 11:28:26 PM

First, BNB has the advantage of being a coin master of the exchange. And the crypto trading floor is the project that has the longest living ability, compared to other utility token projects.
Kiss

Second, Binance Coin itself has proved to be safe (safe heaven) after many adjustments of crypto market, although it cannot match Bitcoin and Teether (USDT).
Kiss

Third, the Binance Coin is also the leading coin when it is possible to reduce not much during the time when the market adjusts, and increases the fastest when the market recovers. Stock Traders in the stock market always prefer the leading stock like this.

So what about you? Wink

BNB that means Binance is a coin as link other coin.But its choice for Hold its have a self exchange and few days ago Binance has completed the Binance Coin (BNB) mainnet swap and has opened deposits and withdrawals and Original ERC20 BNB tokens can still be deposited to your ETH deposit address on Binance after the swap. They will automatically convert these ERC20 BNB tokens to Binance Chain mainnet BNB tokens for you that a greet opportunity.

Topic: Why is Binance Coin a good choice to HOLD? - page 24. (Read 20423 times)