Why is Binance Coin a good choice to HOLD? - page 26.

herurist

sr. member

Activity: 1680

Merit: 259

Quote from: tins on April 23, 2019, 02:34:00 AM

Binance is increasingly becoming a company with all hands on crypto, from exchange, IEO, bnb chain and Binance DEX, ... That's why I believe in the future, BNB will still dominate this market. But be careful because the price of BNB is now not low for investment

In fact, in my opinion BNB prices will continue to rise even though the BNB has gone up by 300%, but I am sure this is still good to invest in the BNB.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: tspmhack6 on April 22, 2019, 10:28:26 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

As binance coins (BNB) continue to be progressive and brings usage to its platform, the market for this project gained a lots of attentions because
of it's launchpad, investors who wanted to take advantage of IEO's buy more coins to have a much higher chance to participate and enjoy their
investment after the project being listed to the said platform.

tins

hero member

Activity: 882

Merit: 500

Binance is increasingly becoming a company with all hands on crypto, from exchange, IEO, bnb chain and Binance DEX, ... That's why I believe in the future, BNB will still dominate this market. But be careful because the price of BNB is now not low for investment

Herbert2020

legendary

Activity: 1946

Merit: 1137

i disagree because generally speaking the centralized coins have never been good in the long run. there is always a huge risk involved in them because they inherit a centralized point of failure, in this case a guaranteed one.
history has proven that every single exchange will get hacked and most of them have a high possibility of turning into a scam. Binance may not scam any time soon but a hack is right around the corner. with that happening you can be 100% sure that their token will get dumped hard.
apart from that BNB is currently over pumped and is a huge bubble that needs bursting which means holding it now, you would be holding onto a bubble.

joshua123

full member

Activity: 527

Merit: 113

That is because Binance are working hard to deliver what they promised to the public. Yes the main purpose of BNB is to become the best exchange and their coin is widely used to reward traders by giving discount and usage of it as fee on their exchange so basically the BNBcoins are well used alone on their exchange and cannot benefit on other platform. But the advantage of this is Binance is the number 1 trading platform which means most trader will pick to do trading here. Simple as that! Liquidity will never stop as long people get interest on trading on their exchange.

slashz9

full member

Activity: 1554

Merit: 101

because binance is always updated not only about development but also has its own way of making its value continue to rise, for example they are aboard the IEO before holding a BNB price at 14 $ and now reaching 24 $ in a few months.
and also I heard they burned their coins so that every time the amount will be less.

Coltpython

member

Activity: 700

Merit: 11

CZ and his team have put bnb in the forefront of the binance project and binance itself has proven to be the number one exchange for cryptocurrencies that have real working projects. Bnb use case in binance cannot be overemphasised and the price will keep going up

Novatech8

member

Activity: 700

Merit: 27

Sovryn - Brings DeFi to Bitcoin

Bnb token has strong foundation ,better teams behind it and since it's an exchange token more investors are buying and it keeps growing, we all know how popular binance exchange is, it's still the best among the rest,im sure bnb token will grow more higher in short time

Amalker

sr. member

Activity: 826

Merit: 250

From now Binance is not only exchange, but it is also a blockchain platform with own BEP-2 standard of tokens. Yes, it hasn't smart contracts, but it is more simple and fast. So, I think BNB price $25 is far from the limit.

steveabrahams

sr. member

Activity: 1050

Merit: 254

First because of binance is the biggest cryptocurrency exchange and Binance coin is useful for the exchange. Also have a good upgrade and update recently like Binance DEX, IEO and many good things. I can say BNB is good for long term investment, i believe the price can reach $50 later.

kSL

full member

Activity: 223

Merit: 100

Cryptotalk.org - get paid for every post!

Please never put all your eggs in one basket, full agree! Now price bnb can do with you a Fomo! Don't invest all money

hummer113

member

Activity: 686

Merit: 10

Please never put all your eggs in one basket, now BNB may look like a good investment, I trade on Binance and I like it, but it's a crypto world, anything can happen here, no one exchange is 100% protected from hacking or sanctions. CZ plays a big role in the life of Binance, and he is a human and if something happens to him - BNB will dump, always assess the risk/reward for yourself.

Ailmand

hero member

Activity: 1274

Merit: 519

Coindragon.com 30% Cash Back

Simply because binance is supporting it. Binance as a top exchange has a big impact on the said coin. It has an advantage when it comes to popularity as well. The development is continuous though there are times when the value stock but it's moving each day. It attracts more investors and the trading volume has a good number.

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

Without doubt binance is the world's leading trading platform. and BNB is a product that is able to survive the current market situation, even when all altcoins are affected by the decline in Bitcoin (bearish) prices. BNB became a coin that was able to survive and continue to grow. this was supported by the success of several new coins entering binance and the success of the IEO some time ago.
I believe binance has another surprise after this.

jvper

hero member

Activity: 966

Merit: 507

In my opinion an investor should not invest a significant amount in one coin only. It is very important to diversify risk away. This rule should be followed in the Binance Coin investment case too.

Lawrenzoo

jr. member

Activity: 378

Merit: 2

Wow, binance is a coin that i have never seen any project as good as them, the way they plan and execute projects, most projects they have done through BNB has been a successful one and they have fully guaranteed us of the coins safety

novaprime

sr. member

Activity: 812

Merit: 251

UniDApp - it's DeFi time!

Quote from: tspmhack6 on April 22, 2019, 10:28:26 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.
* 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).
* 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?

BNB has affirmed to the world about its strength and this is the coin with the greatest price increase ever. In my opinion, there are many ways to make a profit from BNB because just hold it, you will definitely earn a good profit and the support policy of Binance makes users can earn automatic income without need to do anything. I personally believe that if this development continues, achieving a $ 100 price is entirely possible

dark08

full member

Activity: 798

Merit: 104

This topic is being answer so many times but I will give you idea why Binance Coin is one of the most altcoin to hold that bring you a bright future, but yes your idea was right heres my opinion First the development are continue and improving for so many times now Binance exchange site launch its Binance chain to make altcoin migrate to this platform, second Binance is one of the top exchange site in the market its also have a secured and good loking platform that bring everyone a satisfaction to trade over all Binance coin is good to hold for long term.

tspmhack6

jr. member

Activity: 420

Merit: 1

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

Topic: Why is Binance Coin a good choice to HOLD? - page 26. (Read 20445 times)