Topic: Why is Binance Coin a good choice to HOLD? - page 7. (Read 20423 times)
At this moment BNB is one of the best coin available in the market. In the bear run when most of the coins are not performing well BNB shown some uptrend. BNB was just a exchange coin of the biggest exchange available. But now binance have more plan for BNB. After binance chain launched BNB has more utility. And binance chain is doing great and for that reason the demand of BNB is increasing. They launched a Dex also where BNB have some work. And the most demand come from IEOs on binance lab. So binance have more plans for BNB and that's why it's would be profitable to hold BNB.
BNB is the most effective coin that is popular. Currently, 83 different uses of this coin are available. Since the demand and popularity of the Binance platform is growing and more and more projects and people use tokens in this blockchain, the BNB asset itself is used more.
Binance project is a project of the 2019 year, for sure. But, don't you see that every time there are fewer profits from the IEO. And, last announced IEO - WIN is a crappy project of casino/betting platform. I don't like what is happening with binance now.
Because this coin is from the biggest crypto exchange! Binance is not a typical exchange, they have a lot of parts! Binance IEO launchpad, charity, binance dex Binance Jersy everything is very successful products from the Binance. So, day by day people will get more interested in binance. So, the value of BNB coin will be increasing too! So, Binance coin is a very good choice for HOLD!
Personally I have nothing of interest on Binance coin rather for the sake of diversification, there's nothing binance cpon use to differentiate it self from all other coins in the market, the only advantage they had is them having more followers than other coins and that gave them more edge than others. Based on their follower's, I choose to hold their coin that's all.
the reason I hold binance coin is because of the IEO, and this has a big influence on the growth of this coin price, besides that if we hold more than 50 coin BNBs we can also join the IEO program they hold. so the reason for us to hold binance coins is very strong.
It's good to hold whilst the IEO fever continues, but I suspect this will fade and the coin will fade as well. That's just a guess for the future, however. For the moment, yes, it's a good coin and will probably continue to rise for a while yet.
Because Binance Coin have a bright future and everyone know Binance is the best exchange platform and the best platform for invest in IEO project.
It is hard to sum up why investors should own some Binance coin in their portfolios, but there are some basic reasons:
- Binance is a huge exchange, a reliable one and has not stopped expanding its ecosystem.
- Binance has good plans to boost BNB, especially through buy back and burn strategy.
- With IEO trend, exchange coins will be so hot, especially if they come from big exchange like Binance
- Binance is a huge exchange, a reliable one and has not stopped expanding its ecosystem.
- Binance has good plans to boost BNB, especially through buy back and burn strategy.
- With IEO trend, exchange coins will be so hot, especially if they come from big exchange like Binance
BNB has a large trading volume, the products they offer also always benefit investors such as IEO elorond, BTT, Matic, One and many more. I think people will invest a lot of their money into binance.
l do agree with your opinion. Let me express my opinion, BNB is one of the best altcoins. BNB is also more superiority. Keep holding, l would really like to say that it is worthwhile. Yes indeed, I'm particularly keen on BNB. It has a good future. In the meantime, l have no doubt, it will grow. You must aware of the price of BNB. That is why it is just not down.
this is a token of one of the best exchanges
I do not think that the price of it can fall much
and I think that there will be a big growth
I do not think that the price of it can fall much
and I think that there will be a big growth
Tho I like BNB and BNB did very good so far. I don't think holding a coin tie to exchange is a good choice.
Binance is a great exchange but we don't know how it will fare in the future and so is BNB.
Binance is a great exchange but we don't know how it will fare in the future and so is BNB.
CZ is a really good businessman and he knows what he is doing. Whenever I saw BNB taking a hit he comes up with some plan that keeps the coin healthy.
The volume of Binance coin or BNB is really surprisingly and many investors like me have planned on buying some if it should come in between $20-$25. The reasons why BNB would be good to hold for the long term is because the team burns some of the coins and this BNB will also been used in Binance and this has a big impact to the development of the coin.
Besides, this cryptocurrency has shown a very low correlation level with Bitcoin, which is also a great benefit of this token. Binance coin can become the leader of altcoins and push Ethereum from its second place - this is the opinion of many crypto experts. Let us wait for 2020, January and Ethereum 2.0 - probably, ETH will prove then that it is much better.
I agree with the binance nickname as a master of exchange, because in my opinion so far binance has never been a problem with security, binance security level is classified as very high, besides that binance is the most popular exchange, so the market volume is also very high
I agree with you, binance has had a big positive impact on the worlds of crypto, binance has also become the highest volume exchange, besides that, binance is still an exchange that is considered to have the highest level of security, so that why the BNB coin price can rise until this high
The BNB is very feasible to be a portfolio based on stable market conditions indicating positive BNB price movements. The increase is significant. Of course there are several factors that make BNB prices strengthen.For the long term, BNB is very feasible to collect, do HODL until the price prediction reaches the desired number. Maybe until the end of this year the maximum BNBs will reach USD 50, but for next year my predictions will be even higher.
After Ethereum, BNB coin is the most favorite coin of mine. Because Binance has improved a lot. Within two years, Binance made them the biggest crypto exchange ever. In the crypto bear market, Binance exchange and its coin did not stop growing. From February to April, it's BNB coin price increased from 4 USD to 25 USD! Therefore Binance launched their own blockchain and their IEO launchpad is the best for a reason! Therefore, Binance has large and active supporters. So, by all means, Binance Coin can be a good choice to HOLD or trade.
I agree with you, binance has had a big positive impact on the worlds of crypto, binance has also become the highest volume exchange, besides that, binance is still an exchange that is considered to have the highest level of security, so that why the BNB coin price can rise until this high
Binance is an awesome choice to invest in, because they are one of the biggest exchanges in our industry and are here to stay. They are developing their exchange on a monthly basis, by adding more and more new, interesting features.
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