Will BNB Coin Hit $300 Mark in 2023? - page 10.

bakasabo

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Quote from: Chainsmokers on January 19, 2023, 02:49:07 AM

BNB is one of the top coins and worth long term investment,
hoping to go up again but let's see what the move in the market will be like.

Only until Binance is a top exchange on the market and does not have issues with laws. The dilemma is that Binance is growing daily and is spreading its roots into every country, becoming more and more centralized. One day, someone will try to take a bite from that pie full of money, and that will cause a users and money outflow. Believe me, nothing is forever in cryptocurrency. One day Binance will fall. So I would not blindly invest in BNB and wait till its price hit thousand.

Chainsmokers

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Quote from: mich on January 19, 2023, 02:26:50 AM

Well that didn't take long BNB coin was $314 next day after I made the post. But now we are back down to $290 per coin and is up only 2% in the last week.
Yesterday Binance announced the BNB chain burned $575 million worth BNB tokens. Since the introduction of Binance Evolution Proposal this is now 145,000 tokens they have burned so maybe this is reason for sudden price decrease.

Maybe that's the reason but overall I've never had any doubts about BNB,
BNB is one of the top coins and worth long term investment,
hoping to go up again but let's see what the move in the market will be like.

mich

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Well that didn't take long BNB coin was $314 next day after I made the post. But now we are back down to $290 per coin and is up only 2% in the last week.
Yesterday Binance announced the BNB chain burned $575 million worth BNB tokens. Since the introduction of Binance Evolution Proposal this is now 145,000 tokens they have burned so maybe this is reason for sudden price decrease.

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Quote from: hd49728 on January 14, 2023, 10:18:02 PM

...If I use $1000 to trade and get $200 in profit, I withdraw $200 and consider it as I already secure my $200 initial capital. Do it a few time till l secure the $1000 initial capital completely...

This is probably a good strategy, but for me it is clear only in the part when you get a profit and withdraw it to another wallet. But since trading not always profitable, what do you do when you get a loss of $ 200? Are you moving the missing amount back to the exchange again?

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Quote from: tvplus006 on January 14, 2023, 06:23:08 PM

If you cannot trade with profit, then your choice is really the right one to walk the coin until the price reaches a level when you are ready to sell BNB. Actually, this also applies to other coins, since as a rule long-term holders get a bigger profit than traders who do not always manage to keep their deposit.

When you have a profit, take it and if that is a great profit, you should withdraw your initial capital. That is to make sure your initial capital will be save partially or completely.

If I use $1000 to trade and get $200 in profit, I withdraw $200 and consider it as I already secure my $200 initial capital. Do it a few time till l secure the $1000 initial capital completely.

After completely secure initial capital, I will use it for investment. So at the end if I have successful trading with $1000, I will have $1000 for investment and $1000 for trading.

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Quote from: tvplus006 on January 14, 2023, 06:23:08 PM

Quote from: beerlover on January 14, 2023, 02:04:34 PM

...I am making a profit right now already, if I sold today I would be in profit and that's the good thing but the better thing is that I am not even going to sell now, it could drop back down and I don't care, I will sell it when it is much higher.

If you cannot trade with profit, then your choice is really the right one to walk the coin until the price reaches a level when you are ready to sell BNB. Actually, this also applies to other coins, since as a rule long-term holders get a bigger profit than traders who do not always manage to keep their deposit.

Your suggestion to continue holding BNB or any other asset for long term is good strategy and it always works when we track the history of Bitcoin and other top class coins including BNB which now ranks #4 on cyptomatketcap and I think it is worth holding for long term. It requires professional skills, experience and high level of patience to avoid impulsive decisions for generating profit from trading activity.

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Quote from: beerlover on January 14, 2023, 02:04:34 PM

...I am making a profit right now already, if I sold today I would be in profit and that's the good thing but the better thing is that I am not even going to sell now, it could drop back down and I don't care, I will sell it when it is much higher.

If you cannot trade with profit, then your choice is really the right one to walk the coin until the price reaches a level when you are ready to sell BNB. Actually, this also applies to other coins, since as a rule long-term holders get a bigger profit than traders who do not always manage to keep their deposit.

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Quote from: tvplus006 on January 14, 2023, 04:46:16 AM

Quote from: AmoreJaz on January 13, 2023, 07:00:36 PM

it was only last month that the OP asked this question. but here we are right now, almost $300 in the market. the good thing about BNB is it is not just some fly-by-night project out there...

The price of $300 per BNB coin is not excessively high, so it was only a matter of time before it was reached. As for the long-term goals for the coin, the price of $690 remains relevant, which is ATH for BNB and which can only be achieved in the next bullish cycle.

I know that it was matter of time but since the market crashed there were a lot of people who doubted it would happen anytime soon. I am glad that it happened so that people could see the situation we are in and that it could end up with a super return in the long run. I know that its not going to be a big deal at the end of the day, but that is going to end up being a bit of a trouble for a while for people who never trusted it to get to 300 dollars to begin with.

I am making a profit right now already, if I sold today I would be in profit and that's the good thing but the better thing is that I am not even going to sell now, it could drop back down and I don't care, I will sell it when it is much higher.

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Quote from: klidex on January 13, 2023, 02:29:26 PM

Quote from: Elena_Rodriguez on December 06, 2022, 02:47:34 AM

Binance is one of the largest crypto market exchanges in world. It holds its token also as binance (BNB) coin. This token is now one among the top five crypto currencies.

Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector.

In 2021, the BNB coin prices soared close to 1688.77 Percent and, from there, the market is waiting for a price increases at least until 2023. Since inflation fears are expected to become more severe at the beginning in the year ahead, Coinpedia Binance Coin Price Prediction(https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction) for 2023 is $275.2227 towards 2023's close. Currently BNB price is at $289.52 on Dec 6th 2022.

What do you think, Binance price will surge above $289 or bearish trend will drag it down?

I don't think BNB will touch the $300 mark in 2023.
If you look at it from the market, it is still not stable and you cannot predict its movements or you can say it is unstable.
Whereas BNB itself is an altcoin that tends to have slower price movements compared to other altcoins. What's more, lately there has been a lot of bad news and FUD circulating about the BNB token owner's platform.
Maybe this price can be reached even more in the future when the bull market occurs, but it looks like it will take even longer and more than 1 year like what you have targeted in 2023.

BNB already hit $ 300 this morning and made high of the day at 314 , currently it is trading around 305 which is certainly a good news for all those who invested in BNB & it may hit $350 if Bitcoin remains strong in coming weeks. The crypto market was in oversold position since many months & It was waiting for any good news to take a technical rebound, the positive CPI report announced recently, served as a catalyst to trigger overall rally in crypto market.

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Quote from: Sebas.tian on January 14, 2023, 05:27:07 AM

Yes, the price of binance will definitely hit $300 soon, because the crypto market has changed positively few days ago that made Bitcoin price to hit $20,000 which is a sign that other coins price will soon increase higher. Based on the sign binance price is displaying in the market, showed that the price will increase more than $300 before the end of 2023. I think, there is still hope for those who want to buy and hold for future purpose, because the price is still about $265 which there is hope to make a huge amount of money before the end of this year.

While Bitcoin makes the slightest movement, the cryptomarket seems to bounce back. All coins have increased in price to some extent. Currently the price of Bitcoin is between $20400 and BNB has managed to surpass $300 which many thought would take a long time. But with in two days it has pumped so much. If we just think that Bitcoin crosses its previous ATH then per BNB will be beyond expectations of many investors. Maybe later this year we'll get that desired moment back.

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Quote from: Sebas.tian on January 14, 2023, 05:27:07 AM

Yes, the price of binance will definitely hit $300 soon, because the crypto market has changed positively few days ago that made Bitcoin price to hit $20,000 which is a sign that other coins price will soon increase higher. Based on the sign binance price is displaying in the market, showed that the price will increase more than $300 before the end of 2023. I think, there is still hope for those who want to buy and hold for future purpose, because the price is still about $265 which there is hope to make a huge amount of money before the end of this year.

Before you write, you would go to the stock exchange and look at the current price of BNB or at least read the latest messages in this thread, then you would know that the price of BNB has already exceeded $300. It would be nice if the OP closed this thread for comments, since further messages will not bring anything but spam here.

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Quote from: Sebas.tian on January 14, 2023, 05:27:07 AM

Yes, the price of binance will definitely hit $300 soon, because the crypto market has changed positively few days ago that made Bitcoin price to hit $20,000 which is a sign that other coins price will soon increase higher. Based on the sign binance price is displaying in the market, showed that the price will increase more than $300 before the end of 2023. I think, there is still hope for those who want to buy and hold for future purpose, because the price is still about $265 which there is hope to make a huge amount of money before the end of this year.

What are you talking about? it has been days since it was $265 and it broke $310 today.
I am starting to think some of the users in here are bots that copy earlier answers and put them trough rephrasing algorithm to use them again.
Any other explanations for these kind of posts are being lazy or no-research zero value content.

Op you can lock the topic. It happened already.

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Yes, the price of binance will definitely hit $300 soon, because the crypto market has changed positively few days ago that made Bitcoin price to hit $20,000 which is a sign that other coins price will soon increase higher. Based on the sign binance price is displaying in the market, showed that the price will increase more than $300 before the end of 2023. I think, there is still hope for those who want to buy and hold for future purpose, because the price is still about $265 which there is hope to make a huge amount of money before the end of this year.

tvplus006

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Quote from: AmoreJaz on January 13, 2023, 07:00:36 PM

it was only last month that the OP asked this question. but here we are right now, almost $300 in the market. the good thing about BNB is it is not just some fly-by-night project out there...

The price of $300 per BNB coin is not excessively high, so it was only a matter of time before it was reached. As for the long-term goals for the coin, the price of $690 remains relevant, which is ATH for BNB and which can only be achieved in the next bullish cycle.

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Quote from: molsewid on January 13, 2023, 06:25:25 PM

Quote from: lobo13hf on January 13, 2023, 06:18:22 PM

is this even a question it just needs few dollars increase then that mark already reached, even if you're worried that this mark wouldn't ever be reached because you're fearing that this current bearish will get worse, don't worry because eventually that mark will be reached in next bullrun if anything, since that target of yours is too low to be considered a thing, BNB in the past reached several folds than that and certainly could reach that mark.

Maybe that time when he asked, the amount is not yet too close to $300, but yes I believe that more crypto will soon go back to its place before slowly slowly, our market is recovering I really hope that it will really go well and there's no longer recession coming. Right now it is at $293 and I see a good pattern for 3D tf, I am not an expert but I think BNB will reach it today or on Monday.

it was only last month that the OP asked this question. but here we are right now, almost $300 in the market. the good thing about BNB is it is not just some fly-by-night project out there. the foundation is quite solid as it is backed by one of the top crypto-exchanges. worry if no one is using anymore the binance platform. but so far, binance is one of the trading platforms that are doing great with their business.

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Quote from: lobo13hf on January 13, 2023, 06:18:22 PM

is this even a question it just needs few dollars increase then that mark already reached, even if you're worried that this mark wouldn't ever be reached because you're fearing that this current bearish will get worse, don't worry because eventually that mark will be reached in next bullrun if anything, since that target of yours is too low to be considered a thing, BNB in the past reached several folds than that and certainly could reach that mark.

Maybe that time when he asked, the amount is not yet too close to $300, but yes I believe that more crypto will soon go back to its place before slowly slowly, our market is recovering I really hope that it will really go well and there's no longer recession coming. Right now it is at $293 and I see a good pattern for 3D tf, I am not an expert but I think BNB will reach it today or on Monday.

lobo13hf

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is this even a question it just needs few dollars increase then that mark already reached, even if you're worried that this mark wouldn't ever be reached because you're fearing that this current bearish will get worse, don't worry because eventually that mark will be reached in next bullrun if anything, since that target of yours is too low to be considered a thing, BNB in the past reached several folds than that and certainly could reach that mark.

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Quote from: bitcampaign on January 13, 2023, 05:22:59 PM

since yesterday the price of BNB reached $294 and i think $300 is an easy price to reach in 2023 considering it looks like the crypto market is doing well and recovering as many good news out there i think everyone don't want to miss the upcoming cycle moment so they start buying early

such measly increase is piece of cake, I think considering that it seems the market has gotten any better asking whether BNB will ever reach its all time highs again should be quite realistic and optimistic enough.
these recent days market has shown some good signs, I think bullish is around the corner.

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since yesterday the price of BNB reached $294 and i think $300 is an easy price to reach in 2023 considering it looks like the crypto market is doing well and recovering as many good news out there i think everyone don't want to miss the upcoming cycle moment so they start buying early

klidex

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Quote from: Elena_Rodriguez on December 06, 2022, 02:47:34 AM

Binance is one of the largest crypto market exchanges in world. It holds its token also as binance (BNB) coin. This token is now one among the top five crypto currencies.

Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector.

In 2021, the BNB coin prices soared close to 1688.77 Percent and, from there, the market is waiting for a price increases at least until 2023. Since inflation fears are expected to become more severe at the beginning in the year ahead, Coinpedia Binance Coin Price Prediction(https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction) for 2023 is $275.2227 towards 2023's close. Currently BNB price is at $289.52 on Dec 6th 2022.

What do you think, Binance price will surge above $289 or bearish trend will drag it down?

I don't think BNB will touch the $300 mark in 2023.
If you look at it from the market, it is still not stable and you cannot predict its movements or you can say it is unstable.
Whereas BNB itself is an altcoin that tends to have slower price movements compared to other altcoins. What's more, lately there has been a lot of bad news and FUD circulating about the BNB token owner's platform.
Maybe this price can be reached even more in the future when the bull market occurs, but it looks like it will take even longer and more than 1 year like what you have targeted in 2023.

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