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Topic: Why is Binance Coin a good choice to HOLD? - page 8. (Read 20445 times)

member
Activity: 672
Merit: 10
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BNB Coin is good to hold because their have a good platform and one of the best exchange platform for crypto. Binance have great performance in this year, that's the reason BNB is worthy to hold.
member
Activity: 316
Merit: 10
Binance exchange is one exchange in the crypto market. it has also a successfully hosts new projects on his IEO Launchpad. Also, finance created its own decentralized exchange, where trading will be carried out on the basis of blockchain Binance. And investing to its product the Binance token (BNB) would guarantee a successful to earn profit.
legendary
Activity: 1647
Merit: 1012
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Because it seems Binance is going places. You can see from its beginnings, it was against the biggest exchanges in crypto like Bitfinex, Huobi, BTCChina, Okcoin, Poloniex and Bittrex.

Binance came out on top and has not stopped improving.
member
Activity: 476
Merit: 10
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.
sr. member
Activity: 1078
Merit: 256
It is impossible to think of BNB as a good altcoin, but choosing the right time to invest will make that investment more profitable than ever.
That's based on what the personal individual think about it, can't be forced. If they get more profit in BNB, surely they will say it's the best. Everyone is free to give opinion about it, for me personally assume that BNB will continue to increase as expensive like bitcoin price. So yeah, I'll take more cheap BNB as I can.
Good point, it's the person itself who can decide whether they are getting good enough profits to continue their support, binance coin just like any other coins also will be in the cycle, if you see some fall is just because the project went high before and now some or maybe most of those investors who see enough profits are cashing it out to enjoy the benefits.
sr. member
Activity: 1414
Merit: 254
It is impossible to think of BNB as a good altcoin, but choosing the right time to invest will make that investment more profitable than ever.
That's based on what the personal individual think about it, can't be forced. If they get more profit in BNB, surely they will say it's the best. Everyone is free to give opinion about it, for me personally assume that BNB will continue to increase as expensive like bitcoin price. So yeah, I'll take more cheap BNB as I can.
full member
Activity: 336
Merit: 103
BINANCE tokens in my opinion for a long time will grow in value. First, it is the main exchange on the market. Secondly, they made a decentralized exchange to maintain the price of tokens, now many new projects are starting to conduct their IDOs on their platforms!
sr. member
Activity: 474
Merit: 250
It is impossible to think of BNB as a good altcoin, but choosing the right time to invest will make that investment more profitable than ever.
jr. member
Activity: 314
Merit: 6
Binance Coin is moving around the $30 level, what do you think comes next? Read more in this technical analysis:

https://coincodex.com/article/3985/binance-coin-price-analysis-bnb-slips-and-heads-toward-30-has-the-bull-trend-finished/
sr. member
Activity: 913
Merit: 252
There have already been many similar topics. But still it is necessary to recognize that investing in BNB is a very good idea. This is the coin of one of the leading stock exchanges in the market. Accordingly, investing is profitable.

I agree that Binance is one of the premier exchanges right now and BNB therefore is a very attractive option to invest. But have you considered a scenario where Binance gets hacked? It was hacked in the past and there is always a chance of some major hack occurring with any of the crypto-exchanges, no matter how advanced the security measures are. What will happen to BNB in such a scenario.
full member
Activity: 1400
Merit: 103
BNB updated its maximum in a pair with USDT, reaching $ 35.6. So BNB is quite a good option for investing, especially since the exchange does not stand still and is constantly evolving. I hope that by the end of the year they will be able to overcome the mark of $ 50 per token.
full member
Activity: 602
Merit: 105
as of now, BNB is very good choice when you investing in crypto things. It is on the top in the CMC and always be noticed when you are visiting, thats why more people will look into it and get interested.
member
Activity: 393
Merit: 10
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Many people prefer bnb because this token really has a potential and longterm and also because of the beauty of their project so many investors and holders prefer bnb especially to their exchanger one of the most beautiful and large volumes.
legendary
Activity: 2100
Merit: 1340
As you can see in this analysis, Binance Coin's future is very unclear. To be hones, I don't put much faith into it, especially after Binance problems. But who knows how the future will look like?


Binance can survive as long as the platform is stable. But I think the BNB can never be a high-end coin, up to the Ethereum.

Binance shows good dynamics and quite a long growth, and as we know, no one growth can be constant. It is possible that there will be a recession. With a ethereum, a large number of scam projects that made their coin on the ethereum platform played a cruel joke, lest this happen to the BNB.
legendary
Activity: 3248
Merit: 1160
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There have already been many similar topics. But still it is necessary to recognize that investing in BNB is a very good idea. This is the coin of one of the leading stock exchanges in the market. Accordingly, investing is profitable.

I agree with you, now BNB is in 7th position in the coinmarketcap. that means BNB is one of the best altcoins at the moment, this is the right investment for the long term.
Probably the best altcoin thus far, if you look and compared the major altcoins performance in the market this year, BNB is the most profitable IMO.
Already increased 6 times from its price at the start of the year.

With then way it's going now, it could land to the top 5 sooner or later.
sr. member
Activity: 938
Merit: 250
As you can see in this analysis, Binance Coin's future is very unclear. To be hones, I don't put much faith into it, especially after Binance problems. But who knows how the future will look like?


Binance can survive as long as the platform is stable. But I think the BNB can never be a high-end coin, up to the Ethereum.
The BNB coin is really very promising, but it is unlikely that the BNB coin will catch up with ETH,  therefore, I see the right decision to invest in BNB, he must live in the cryptocurrency market!
copper member
Activity: 294
Merit: 1
A lot good developments around Binance but I do not know why I have been sceptic about holding this coin for long, just doing short trading and not staying in the market for too long, there are insinuations that it may get to $100 before December, I am not a firm believer in long holding and wish good luck to all holders
jr. member
Activity: 278
Merit: 1
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I think that this coin is a very promising and interesting project. The exchange is developing very quickly. I think that this investment is reliable, but still do not need to invest in one coin all the money.
sr. member
Activity: 725
Merit: 250
Making Smart Money Work
yes, you are right, I would spend some part of my portfolio on the purchase of bnb, but there are more serious coins
copper member
Activity: 448
Merit: 0
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I dont think any good trade or well know person in the current market of crypto will not have at least 1coin of bnb now most especially those who use their exchange which serve as a fees and also reduce the cost to other exchange rate which is another way to boost the coin and why many have it .

It has been the only coin that has hit new ATH since 2017-2018 bear market started and has always be stable in price compare to other coin .
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