Topic: Why is Binance Coin a good choice to HOLD? - page 3. (Read 20423 times)
The BNB has prospects for storage, primarily because in order to participate in the IEO on the Binance exchange it is necessary to constantly store these coins and buy tokens of new projects on them. I believe that this is the main reason why BNB should be stored for a long time.
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 is the fastest-growing coin in the past few years and is quite stable until now and this is what decides me to hold it for longer until the next 1-2 years. and also sometimes very useful when following IEO in binance dex.
for now I don't hold it in BNB for long. maybe people think that because of the increasing use of their blockchain and the development of their good platform will continue to bring BNB to future growth. but we have to think the worst possibility that might happen to BNB in the future.
BNB is an excellent platform that has long been a success. He has long earned his trust. Especially in those moments when everyone fell and he remained in place. A very strong platform that deserves your investment.
In my own view, BNB is good coin to hold because of the IEO hosting mostly on binance exchange. Many projects are queuing after the successful of other projects they did their IEO on binance and this will keep on increasing the price of binance coin.
I think it will be a temporary effect. no any asset can constantly show growth. very soon the BNB coin will not be so popular and most likely it will bring profit only in the coming year
In my own view, BNB is good coin to hold because of the IEO hosting mostly on binance exchange. Many projects are queuing after the successful of other projects they did their IEO on binance and this will keep on increasing the price of binance coin.
Binance proved during long bearish periods that can hold pretty stable its price and this is a proof of maturity for any coin.
Also, Binance continues to develop constantly, it has buy back programs, a lot of IEOs, loteries etc. It is maybe the best crypto exchange and will remain in top for at least many years from now.
Also, Binance continues to develop constantly, it has buy back programs, a lot of IEOs, loteries etc. It is maybe the best crypto exchange and will remain in top for at least many years from now.
The major reason why I'm still holding BNB for long term is because there has been tremendous development progress from the the team, CZ being the lead. From Binance Chain, to Binance DEX, to margin trading, and now lending of BNB including a few others. Many projects in order to gain popularity and for other reasons like improving speed of transaction and low transaction fees are moving to binance chain. This is a boost to BNB indirectly. The fact that BNB is used for Binance launchpad helps to prevent massive dip in price. Also, the quarterly burn of BNB increases its worth over time.
Yes, I agree with that binance coin have a future it is my include on my list not because binance is the top1 exchanger in the world but on the volume that makes binance coin into top 7 in coinmarketcap it is a biggest achievement of binance to keep spot on top.
Having a working platform makes this coin very successful. The working product made this project very profitable to those who keep on investing and trusting this project. We should be more optimistic as there's always possibilities that this project will gain more success and there will be more investors to lift it up. Holding this coin for longer time-frame can bring a much better outcome. It's only a matter of patience and dedications to wait.
Yes, it is very good for us to hold a binance coin, the development is very fast and the growth of the exchange is also very very extraordinary, this is what makes investors want to have a lot of binance in their wallet
I want to add some reasons that clearle help to make decision in Binance side. I heared today that Binance provide 15% lending for BNB holders. For that reason, more and more people will have desire to hold BNB for long term and huge portions.
Binance coin is a good choice coin to hold in the sense that, it is the product of the leading exchange in term of volume and many others. This binance coin has great potentials considering where the price started from and where it is now even makes it a good idea in holding. Being the fuel that runs such a huge exchange alone makes it a good choice to buy and hold for long term profit.
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 is really great altcoin. At this moment one of the strongest altocin actually. The binance develop team continuously develop their coin and finally they launch their own blockchain which makes BNB strong. Right now binance exchange is so much popular and traders like to trade here because of many good facility. If developers continuously work like that BNB be will be reach 100$ soon.
Binance coin is good choice to hold because all we know that this a good coin that worth it to invest and hold because like you said it is the one of the leading coin in the chart and we can say that this is a fast moving coin. And if we talk about history it has a good background because it was stay alive in along period of crypto years.
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Binance is announcing new product almost every week. Now they want to competite with Libra by creating a Binance Venus product.
What do you think? It is good that Binance is going to dominate the entire crypto market?
What do you think? It is good that Binance is going to dominate the entire crypto market?
Looking at all the developments of binance coin binance is surely most secure coin to hold with all the developments like margin trading and new fiat exchange and more features in exchange we can securely trade binance
I am very much positive about BNB. I particularly love Binance exchange. There is no doubt that BNB is a master coin of exchange and has been able to attract many traders in a sort span of its inception. Keep going BNB.
Binance will grow 10 times more. BNB will grow more than 10 times.
if I think binance is also a good coin and also a strong platform for trading in it, so I believe the development of the binance market is increasing every day. so I believe binance is also good for investment in the long run.
At this time the reason why most people see the potential of a Binance coin is because of the presence of IEO on the Binance Exchange and there we can get huge benefits if we can get a ticket. in addition, we also see where the potential for Binance exchange is quite strategic among the existing exchange lists. binance comes first
Not only because of the presence of the IEO feature, since early on, people began to pay more attention to binance exchanges when they launched binance coin, stable and sustained development of this exchange, all boosted the development of binance coin, IEO is just something to speed up this development process more. But in short, binance exchange is on the right track and goes up steadily, as long as it still has users, the value of binance coin will have a chance to go up, holding will have less risk, an option with so many insurance, everyone likesThe rapid sales of IEO in binance affects the demand for BNB Coin at exchangers. The volume of BNB Coin transactions in binance is one of the largest and this indicates that many investors are hoping to participate in the IEO organized by binance. In addition, Dex exchangers who use the BNB Chain increase the number of transactions each day and this will affect the price of the BNB Coin.
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