Bitcoin Forum

I just want to know everyone elses opinion.  Im planning to HODL more bnb instead of BTC

Well BNB as I researched it, it comes from one of the papular exchange and since the coin itself is papular and starting up for a new generation of altcoin. This is a gamble for investment and since it has 100 assets on rank 11 this could be posible of a good investment with good future.

But still I always remember when I take my money out from the pocket bank  it is a gamble to get rich or to get low but basing on the researched I made for now its safe.

Bitcoin buying BNB why not its up to you :) and last if I may please do remember that when investing make sure you invest in it but you must be ready for a lost. Invest on what you are ready to lost.

Well holding BNB in my opinion will never gonna hurt since it is the currency of #1 exchange at the moment, but I will definitely not favor it over BTC for a lot of reasons, BNB is consider to be local utility toke/coin and is only useful inside Binance and until this moment  it have no value outside it . While holding BTC is clearly the way to go , in the times of huge dips those kind of tokens like BNB appear to be more unaffected like all other crypto . For me I only hold BNB to pay fees and in bad times if needed I temporary switch my holdings to USDT .

The coin is good and very stable. It makes sense to buy it as a middle - term investment, but a good news background will continue until the exchange Binance all right. While it is in the top 3 and is actively expanding its customer base. Will see.

I will hold that 500 BNB because I got some reffrals and I want to get 40% of my refferals commission, it's the only reason I'm holding BNB, it is not very useful coin, since every one can make multiple accounts on binance when ever the commission of using BNB has been zero after 4 year, I think binance must ask for kyc and fight again duplicate accounts if it wants BNB get pricy!

I think bnb is a coin that has a good market and has good potential in the future, if I have a little money I will buy it and hold it until the end of the year if its price goes up high

BNB is an excellent coin for investment, during the past year it has only grown, thanks to the success of Binance. And it will grow, taking into account the latest news about the expansion of Binance to the Fiat market and the opening of additional branches. I can also add that the BNB allows you to successfully engage in trading on Binance, since despite the constant growth of the coin, there are periods of Pamp and Damp on the chart.
http://i.piccy.info/i9/3fdd51a0fe012f346890f2fe40612a44/1530619490/175739/1255148/Snymok.jpg

Bear in mind that the trading rewards gained from holding BNB will reduce over time, but I fully expect Binance will introduce a new bonus system for holding BNB. It has grown steadily through the bear market for the last 6 months, and will continue to do so as long as Binance continues to grow.

I agree with the opinion of the majority, the BNB token is a good event and when the bull market goes on it will make a big profit. They say that soon there will be a decentralized exchange of bills, if a token is entered on it, it will give it huge growth. We will continue to observe!

If you are a trader that have an account in binance exchange and can refer other people it will benefit you from holding binance coin and they doubled the reward few months ago, read this https://support.binance.com/hc/en-us/articles/360004047051-Binance-Doubles-Referral-Rewards But personally I wouldn't hold it, first of all holding a cryptocurrency in an exchange for a very long time will be a very risky move, so what if the exchange gets hacked. I would still choose to hold Bitcoin than any other coin in the market for long term. For me BNB is just good for short term trades and benefits from referral, other than that I don't think that it will be big but who knows maybe I'm wrong.

BNB I think it will grow in the long term, as it is a token of the fastest growing crypto exchange, but it's better not to sell all your bitcoins to buy only BNB.

I think bnb coin is good and very positive
But you need to be smart about it

Make the trades and get your profits at almost instant
Don’t hodl too much
Don’t sell too hurriedly
Don’t buy when it’s too expensive

Make the perfect strategy and utilize it
Good luck

Wow , thankyou everyone for all of your opinions.  Ive been watching BNB make some moves lately.  They are in the #1 exchange spot right now.  They are listing as pairs in other exchanges and recently opened up a 2nd exchange taking fiat. 

The other factor is I dont know if I beleive BTC is going to moon to 20k by the end of this year or next year.  This is truly my own opinion.  I beleive it will increase from todays price and go thru some heavy volatility but no more hopes of 100k BTC for me. 

Ever since I started "GAMBLING" on Bitmex and watching others SHORT BTC while I continuously "BUY during the DIP" I cant see BTC going parabolic to 100k.   possibly reaching 10k though after several rocky months.

Please jump in on this.  I appreciate everyones opinion.   And please dont beat me up for my opinion. ;)


NOw after reading this, I think the volatility is getting to me, LOL

I think it's a good choice for long term holding :). It's own cryptocurrency of Binance exchange so I think it's a really good choice to choose because Binance IMO is the best cryptocurrency exchange at the moment so I think BNB has very high potential in the future :). Don't worry about anything if you're really going to invest in BNB :)

Hold bnb. You will not regret it. Bnb has set the bar rolling for all other exchanges with their own tokens. I think it still has room to go higher than its current price. Holders will reap the benefits when the bull season begins

other than for using it to cover some fees then none not worth holding especially its price is too high if it would also share some of its profits then it would be worth holding for a long-term.

I've been holding it for quite a while. It's done very well during the crash. Obviously should still diversify though.

The only key to anwer your question is when you are seeing binance has a very very well development and huge popularity among the crypto traders. With huge volume and it can generate a lot of revenue to the binance team and then they can burning the token gradually and this will give direct impact to the price of token.

yES, I am still diversified.  I cant imagine holding only BNB in my portfolio and nothing else.  =) I think because it did so well during the crash and Ive been with them since they first started with just a few coins, Im a little bit more inclined to hold more of their tokens today. 

While BTC and everything else took a nose dive, BNB stayed pretty strong in comparison.

bnb is really high now so i think base in development that's a good for investment

hold or save some for future and then do day trading because there's no assurance in future

another thing don't risk big money for investment here in crypto

BNB was and is still a good investment. They are still on the stage of burning out of tokens and they are increasing it's market aggressively.
They are long the largest exchange and they have a vision for decentralized exchange based on the BNB as fees.
The best thing about exchange coin is they are not affected large by the market movements.

BNB is already in the top 15 of cmc. As I see it, there's more tendency for this coin to drop below than its rank now than to move up since Binance is already popular. Try similar coins like KCS and LGO.  

BNB is good Exchange coin, not just anyhow exchange but one of the best so holding won't be a bad idea. But you can still hold some BTC as BTC is still king. This is my own opinion, you can do more research to know better..

Development  of Binance exchange is very good,  and they continue to make their product and service better in around the world.  They also will open more office in more country and all this strategy will make demand of BNB coin will increasing.  Hold BNB for long term is good decision because this coin use for promotional of Binanc exchange.  More user of Binance will be make more demand for this coin.

binnance is currently down  and probably got hacked

bnb holders could see some losses soon

A number of API keys were phished from their owners and then used to trade and pump-and-dump some coins. Binance was taken offline as part of a security update due to this. It wasn't hacked and all funds are safe.

Why more BNB? I think BNB is just a token of the binance exchange, so I don't think so.
I am more optimistic about the future of BTC.

I have any BNB. This is the token of the binance exchange. In this long bear market. It performs well. Almost nothing has been affected. I believe the future will grow. So if I'm BNB again I'll keep it.

Im getting schooled... I appreciate all the input.

With so much news and media taking over , I start seeing everything as a digital currency.  But because of this forum I have been reminded that ONLY BTC is a truly decentralized currency..  The rest are centralized alt coins that can have a quick change overnight.  Any news media can afffect other alt coins,  meaning hacks, api issues, Ceo isues, token Banned from countries, etc....

Knowing that this is my risk , Im still gonna hold BNB but maybe keep a lil more BTC than I originally planned on.

BNB’s primary value is within the exchange because Binance already become top 1 crypto exchange in the world, so BNB also stay at high price right now, for the earliest investors, they’ve already seen a large return on BNB, so if you want to buy and holding BNB now , maybe need to wait for more time to gain profit

Yes, BNB is a very good choice. Binance is developing very fast and now there is no exchange, which compared with it. I think that while Binance will continue to develop, their token is simply doomed to growth.

Whether BNB will be successful or not depends a lot on the performance of Binance exchange and we all know that Binance has been doing quite good recently and most likely will be doing great in the future. Nevertheless I have voted "diversify", because we have so many good projects at the moment that it's really hard to say which one is the best and is worth 100% of investment because of that.

One of the best options in cryptocurrency business is to try to hold any the cryptocurrency exchange coins, BNB is one great example of a potential coin to hold because it comes from a powerful exchange that has proven the test of time, so it's going to perform well in the near future.

not a bad idea. because binance coin is strong and will go up as soon as binance exchange platform stays safe. so if you keep bnb you may earn both bitcoinwise and usdwise during bullish run.

BNB is not a good coin for hold because it's just a exchange coin, all it needs is stablize not profit  :'(

I really like this token. Bought it for a long time and earned good money on it. I try to buy at every serious fall. It's already expensive.

I think trading BNB for the moment where crypto is in a dip is more profitable that holding it. Ive seen BNB and it was very active for trading even when crypto is down. So while prices are low, I think its best to earn more BNB than doing nothing and wait.

Holding BNB will be very profitable. My vote for HOLD. In this bear market BNB is still doing good, and if the market goes up then BNB can easily hit 50 USD! So, holding BNB is like Holding EOS Coin to me. It will give profit for sure.

BNB is a centralized company crypto-stock.

If you believe Binance will able to keep its position and keep being a successful company in the future, then invest in it. If Binance does good, your coin will also do good. If Binance gets hacked, your funds ain't safu.

Binance is a centralized exchange. Without binance BNB has no reason to exist.

In the world of crypto, exchanges come and go very fast.

Keep some money/difersify? Yes.
Hodl for the long term? No.

Prolonged correction, government bans and a decline in interest in the sphere led to the fact that the cost of Binance Coin and other crypto currency stopped in growth.  This once again proves that the crypto currency market is a very young market, on which it is difficult to predict, to make a forecast or even to assume what will happen to the course tomorrow.  Those events that strongly influenced the market in the past and even in earlier years, can no longer have such an outcome.  An example of this is the conference "Consensus 2018", which in previous years moved the cost of bitcoin to the moon, and this year, we see a lack of response, at least at the time of this conference.  All this is connected with the fact that the market has become more capitalized and in order to move it from the place it is necessary to make more efforts. I do not recommend using the Binance Coin crypto currency as a tool for investing, because this crypto currency is quite a different destination, especially since any  a malfunction in the work of the Binance exchange will entail a decline in the value of BNB. The Binance Coin's BT currency is best used for its intended purpose - for trading on the exchange and saving on commissions.

the expansion of finance by entering the Fiat market may adversely affect the bnb coin. Well the head are not fools so we'll figure it out

I am just waiting for the prices of the BNB Token to drop a bit so that I could purchase a big amount of them. Binance is currently the number one exchange for crypto currencies and one of the most secure exchanges. The thing that makes BNB tokens valuable is cause binance buys tokens from a portion of its profit and than burns those tokens.

Im hearing all this news feed from different places and its all saying btc price will drop but eventually climb back up.  BNB held very well during the drop from 20k btc to 6k btc.  Im just planning ahead.  I dont like the idea of shorting BTC so I rather move my funds towards BNB. 

Ill be honest,  the more I hear the word decentralized being brought into conversation, it does remind me of the risk I take with all the alt coins in my portfolio.

Any other tokens/coin fall into Bitcoins category?

meaning decentralized and belongs to no entitity?

Thanks again for your input on here.  Im liking this forum more and more as I  continue to learn from all of you.

 I want to say that it is good to have a diversity among your coin because you should always be looking after some trends, and if one day BNB will become a trend you would be lucky man to hold it.

BNB is the current first exchange Taiwan dollar, but I don't think it has more potential than bitcoin.

Exchanges are likely to be overtaken by bad decisions, and bitcoin has too much in common. I prefer to hold bitcoin.

I've started holding lately and I don't think I sell it in short term.

With the ongoing burning of BNB it may rise to even greater heights in the near future. The only thing I would ask myself is will there be any other exchange doing the same thing a lot better anytime soon. Nowadays Binance is a big player, but why would this always stay the same...? I suspect BNB will be affected too should Binance become a less important player. For now I do see the potential of owning more BNB though :)

I hope the author has learned a good lesson - never to convert all his savings in one coin or several coins or in cryptocurrencies only. It's necessary to find various ways of income and investment and diversify them as much as possible

Binance is one of the worlds top crypto exchanges right now , but the aims to become a indisputable number one in the future . They are opening a crypto to fiat exchanges in countries where it is allowed by laws and have a plan to create their own decentralized exchange . Also , binance burns bnb tokens from time to time , and decreasing supply make bnb very attractive for holding .

To diversify is almost always a good advice, so I agree with you in that regard. But I don't think that Binance can be equated with other exchanges which "come and go very fast". Binance is a very successful one and most likely it will be doing good in the future, so holding BNB, even long term, is a good idea imo. But of course finding a couple of other good projects and investing in them too wouldn't hurt.

I agree, we shouldn't rely on just one project, but there is no lesson on Binance, in a bad way. Is there?

In my opinion, I believe it's a good coin to hold for long time :). Althouhg you guys only can trade BNB on Binance but I think it's enough cause Binance is a really good crypto exchange at the moment. Beside as I know BNB burning coin is going to happen very soon that mean BNB price is going to pump very hard after burning coin. Don't miss a good chance to invest in BNB :)

Keep BNB tokens for a long time instead of Bitcoin. BNB tokens are promising, but still do not buy them for all your bitcoins. Bitcoin should be the foundation of your cryptocurrency portfolio.

BNB (Binance Coin) is a good token, which must be yours if you are a long-term investor. The Token will not disappear and will not fall until the Binance Exchange develops, so HODL.