Bitcoin Forum

Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.

That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.

It's so easy to make such regrets, but you know what they say — hindsight is 20-20. It's just so easy to say that hodling that coin would have been the better choice, simply because we can already look at the charts. But who knew, right?

In the first place, your goal was to make profit, and you did succeed at that. You can't expect to be having the best case scenario everytime.

Indeed. As a long term holder myself, I've already experienced that. It doesn't matter if that coin or token I have would take off for several months or a year or two, but it did grow several fold (except most of my shitcoins lol). At the end of the day, it's still all about risk management. We should always acknowledge the risks that we're taking before investing that coin or token. There are some that will grow several fold, some would just not making any huge movements, while others may turn to dust.

By the way, I've regretted not buying BNB when it was still around single digits.

Agree, no sense wallowing in sorrow because you sold your BNB and not get more profit, just look at the bright side OP, you still earned 1000 dollars which is already a lot of money in my opinion, don't worry about making big profits because time will come when you least expect it.

What you are saying is that holding is more profitable and easier than trading. This statement is true only with several altcoins or when the market is green. 
Such strategy does not work at all exactly year ago, when everything was decreasing. So once again, everything depends on the situation.

This also applies to all of the assets in the world.  But if we’re going to isolate cryptocurrencies,
Long-term investors indeed benefit the most.  But it still depends though and depending on how much they were able to keep for a long time.

IMO, we can't generalize it and some people do keep assets for the long term but the funds were not enough to grow that much. (They haven’t taken advantage of it that much)

Of course, not all of the investors do have funds to keep and I would prefer the one you did than keeping it in the long-term.  Imagine if you haven’t traded short-term?  Would you earn enough as what you have right now?  I don’t think so. 
So stop having regrets and the praise is yours.

BTW, it's a good job.

Realizations come late and many people regretting why they never do the hold? But, they never think about holding during the time they bought, what they think is about selling them when they got some profit. That is the real happening in crypto. Nobody thinks about holding for 10 years, 20 years because deep inside, we never know as well what will happen next or we are confident that we are still alive or not.

That is good if you can profit from BNB by doing trading. But I am not sure if you hold your funds for one month, you can make a bigger profit because we never know if this day will come to us. If you can trade BNB well, you can make a profit, and if you can save some BNB from trading, instead of only buying and sell all of the amounts in trading, you can sell your BNB in your wallet at once when the price jump higher like today.

By trading BNB, you already improve your skills that you can apply to the other coins, so you will have more chances to make a profit. You can still trade for the other coin because that is your chance to make more profit in BTC or USDT, and the final goal will be making money from trading.

All of that will happen when the price is high there will be a little regret, but this will not be a problem because you get the profit from BNB trading.
I bought BNB for around $312 at that time I was still doubtful because for me it was already high, but what I traded during this month has increased quite drastically, if we are patient a little more maybe the profit will double this time, the normal benchmark We will only sell and buy in short term to reduce risk when the decline is more severe, when it really isn't.
BNB will continue to fly and believe that if we buy it now we will not miss FOMO.

Congratulations to you my friend! I do envy you,,, $1000 is a lot of money and is like 5/6 months salary for a lot of people where I am living in but as you said, it is really the longterm hodlers that will enjoy more benefit without the risk of trading. BNB grew now 2x in a few weeks, how many people would have made 100% from trading alone?

This scenario is optimistic and does not work with all altcoins so it is better to use it with Bitcoin or ETH only.
Binance currency rose well, but there is no logical reason for that. If ETH fees decrease in the future the price of that currency will collapse and you may not be able to return again.
Long term hodling is for more than 6 months to 4 Years. Bitcoin S2F prove that.

Yups, it all depends on the situation. It could be a few days, weeks, months, or years of coins that are experiencing a good increase, suddenly the price immediately drops away from the initial price. In fact, this is an event that neither traders nor holders want. However, we must acknowledge that there is this. Not necessarily and no one can be sure that a coin that initially gives a profit to get many times the profit, it will arrive at a phase where the price suddenly drops dramatically. Either it is the result of economic or political factors causing it, but a decline after the increase will occur. Therefore, we should not crave too much - the one coin that gives us the greatest return. That could be the biggest risk of loss too without us knowing it later. Stay safe, even though the spike in price increases on these coins has increased dramatically, just keep playing it safe.

Keep in mind that Profit is Profit, regardless of how far your past held coins went, you must always be satisfied the time you sold it. Its fine to feel regret, but it is somewhat unhealthy. Also, many didn't really expect BNB to skyrocket. Why? It is a coin made by an exchange, which the idea back then of having coins of exchange isn't good to hold plus it is a somehow centralized exchange.

If you have money right now, better focus on making it grow on new coins and rather learn from your regrets but never be too greedy.

That's still good money for you.

Profit is profit as they say and whatever is the amount that you've gained, enjoy it mate. You regret it because you've lesser profit than those holders.

How about us? we do regret that we didn't buy it and didn't have that chance to profit from it.

Money printer is something that shouldnt really be used up as a description or putting up that kind of impression.Its just on how you do make up
trades which is the reason on why you do make money.In regards on the situation of making profits even if you dont hold then it doesnt matter
regrets are there but doesnt mean that you had missed out the chance or opportunity.Just be contented on what you had gained rather
than regretting to yourself because you had lost your investment.So be grateful on what you had attained because not all would really be
the same as yours.

yeah you are right. Luck favour for me regarding this. Not everyone is happy in this bull run. By the way, long timers are enjoying the moment so much. If I have some, definitely I will enjoy it too. Still now bnb is worth buying, it will touch $1000 within this year. So if you have some budget, you can keep BNB in your portfolio.

It is a bill time and a trader who makes loses during such times should take some time out to do so demo trading again. The worst that should happen to a trader now should be little mistakes in order and you can correct that by not staying long on it to enter in the reverse. Staying long in a losing trade while bull is on is not good trading. So for you, keep enjoying the turn up in profit, BnB is definitely on fire.

This is the time that you should really be setting up some stop losses rather than holding a losing trade because if a certain coin would be a on a certain trend
then that you would surely fucked you up.Better get out and stop those losses and re-enter again and this is where trader decisions would vary because not
all would really be having the same mindset on what are the actions you should make so that you would able to save up yourself in times or negatives or making
out decisions on point to make profits and secure it out rather than waiting for it to be on negative again.Trading isnt something that you can dealt on it easily.

BNB keeps on growing since the day it was launch, in fact, nobody thinks that it comes next to ETH. This a sort of indication that BNB really has the potential and it tells us how their developers working hard to reach this position out from the doubts that many people have to think about in the past years.
The market is eventually changing but still remains unpredictable and BNB is one of the best examples. It probably keeps on rising as the demand continues to rise as well but it requires strong faith as we are not sure then what really happens for the coming days.

one advantage of this platform is that they have the resources to innovate their network, improve and improve and deliver it to the community. though this situation is  not true to all alts, but what the OP did was already great job! you didnt wait for the market but rather act on it. and i guess, those who waited just got lucky. but if not, scalping is also a good route to earn profits. though not all traders are good at it.
and also, remember, hodling for long term is not true to most alts. only those that are really great projects will perform in the market just like bnb

Long time hodlers really are those who enjoy the real beauty of cryptocurrency indeed. Long term hodling has turned many who never envisaged themselves as millionaires into millionaires. A very good example is the case of the Winklevoss twins who were crazy enough to buy $10m worth of btc when it was $8 and were able to hodl through the good and bad times till it got better. Today they are billionaires and are reaping the fruits of long term hodling.

Of course, you can make money on BNB simply by keeping this coin in your wallet. If we study the history of the development of BNB, we see that the price has shown a huge increase over several years, which means that if you bought BNB earlier and sold it now, you could make big money simply by keeping the BNB coin in your wallet. You can also trade BNB, making money on it. As a result, it turns out that we can use two types of earnings on BNB. I also currently hold a portion of BNB and am very happy to have an excellent opportunity to make money with this cryptocurrency.

It seems that many have benefited from the increase in BNB prices, I also got a sizable profit because of the holding of BNB. But unfortunately
I didn't buy BNB in large quantities, so the profit I made this month from BNB wasn't too big. But I am still grateful for the profit I made from BNB,
I will wait for the BNB price to be corrected by around 20% to buy back BNB. Because the BNB price is now too high to buy. I'm sure the price of
BNB can reach $ 1000 if it performs like now, I hope that before the BNB price goes higher, it will experience a correction first. So it gave me
the opportunity to buy BNB.

That is okay, OP.
End goal was to earn profits and you did it.
Come back again and try your "what ifs" in mind like what if you hold longer just like you mentioned.
2x is quite insane already now to be honest.

You are talking about BNB pumps which just happened within less than one month but how about the people who are enjoying 100x or even 1000x profits for years with the bitcoin holding. I may be one of them because I'm holding bitcoins since 2013 from the price levels around $600 to $900. Yeah, holding and simply watching the market must be the easiest way to print money out of one time efforts.

Winklevoss twins must be the classy example for how holding do miracle in our life. They believed into the concept of bitcoin and invested a big money into bitcoin and more importantly they never spend any of bitcoin till now as per their statement in one interview as per I recall.

Leave off all trading and altcoins; just focus on bitcoin with long-term goals and definitely you will become richer. It is not too late to react to be regretting; at least start from today because bitcoin is slowly moving toward $1M levels.

That's what I've heard too.

They're saying that BNB is likely to be touching $1k anytime soon but this time it looks like it has stopped and taken a rest. While bitcoin and ethereum have taken the spotlight for this day, most many are into it again.

But it's still a good buy as long as you're believing on it and you have a long term plan.

Actually its true.
Long time holding is a great chance of earning a lot more than others with same assets now.
So whoever hold for a long a time is enjoying the game.
So its better to hold for a long period of time and take much more profit than other people

The crypto market can give participants happiness and sadness, gains and losses. It is decided by people decisions: what coins they buy, what price they buy, what coins they buy and hold, what market trend in which they hold.

Losses if they buy shit coins and hold them in bear market.
Losses if they buy any coins at all time highs and no higher all time highs.

They will hate the market, blame it for their losses. They will consider the crypto market as a scam place

If losses are what they get, they don't see any beauty of the market. You see its beauty and love it more than you thought if you have gains from the market.

 
regret is often what happens when it's still early and the trader thought he'd have the chance to buy the stash back for a low price again. sadly some trains just won't wait.

if i just hold as well, I could have earned thousands already but i sold my BNB at $54 and never bought back again. i thought it will keep dropping til it will be oversold but  the bullrun just didn't make a signal for me to just keep holding. luckily i bought something else that still make me money.

the most important thing you have harvested your profit from it. We as a human never really know what will come in the future, so it's better to say thank you because of profit then whining because of losing right?. One thing I learned from trading in crypto is not to be too greedy, so based on your experience to get $1000+ dollars profit is already great, I bet it's based on your knowledge, analysis, and observation not because of rushing trade. Long-time holders not always win, vice versa the short-time trader not always lose. Happy trading, mate.

Holder is Winner. now they have benefited greatly from the patience to hold altcoins until recently. and in my opinion this is a form of pain that we must appreciate. Of course, the holders will not easily face the fluctuating market conditions as it is today. and in the end they get a high profit. The current bullish trend is enough to make people surprised about the increase that is happening

then it's thousand times a lot more profitable for those who buy BNB and hodl it since the time it was first goes into public but doesn't mean we should be very regretful of missing that opportunity.
but I do agree, just see most of cryptocurrencies they really give a good profit in long term and although the price could fluctuates a lot but if you see it, the price always going up and hits new ATH.
however, I'm sure people who regrets of not HODLing long term will definitely do the same which is hesitant of holding again.

Yes, those holder sees the real beauty of coins they're holding. This is what we called the most awaited day is about to come. Surely the amount they are invested will doubled and the patience they have will be paid off. Those people who are holding are the strongest and positive thinkers and best example of a person who doing a great move in joining crypto.

That is true to get what you want to achieved in this crypto space hodling long termly and waiting for the right timing is very essential thats and this long term hodlers is the proof that they can get even more richers by just waiting and holding their gems for a very good amount of time.

That was the case for the long-time holder since they are pretty sure what will be the outcome of the price when they started to hold those coins. I think it comes from long-time research and experience as well. the way they are relaxed after seeing the price reach some outstanding rate in the past years, you can really tell that they are not going to back out from holding those coins after all. Now that it is going to another ATH as well, those long-time holders are going to have some huge celebrations soon.

Most awaited day? I don't think that I am believing into such thing because I will not be going to book profits for all my holding but only for partial. Because, when you started tasting the benefits of long-term holding then you will never plan up to end up your holding but instead of selling off all 100% holding, definitely will go for lesser for example 20% and then leave off the remaining for another long-term holding.

For example, with recent dogecoin pumps, I sold only very little percentage of my holding which might be less than 5% and I'm still holding the remaining with huge target for coming years. I may be disappointed still I am in profits because with 5% of selling I have covered my initial capital that I spent for buying dogecoins.

It's true. Holders are always the ones who are going to taste the fruit of just waiting for things to happen.

It also proves the market is very unpredictable and if it weren't for ETH having a very high fee, BNB wouldn't abruptly spik this high. ITs just unfortunate for the users who had not seen it happening very quickly but I think this will calm down soon when there will be an available option for the tokens to go back to ETH when ETH2 is released or ADA smartcontract will also be available.

It always depends on the coin or project that you are hodling. If you have coins in your wallet that have strong fundamentals, a good team, a good use case and some nice token economics than you probably make no mistake if you just forget about those coins and sell them in a few years. Provided the market as a whole continues it's positive development.
If you have a lot of small projects in your portfolio that are only copies of other already existing projects than the danger is high that they will become completely irrelevant in the future.

No one knows that this will be the price of bnb today.  don't regret OP because I think you did the right thing, you only tried to manage the risk. Maybe one reason why  you didn't decide to hold  bnb is because you have  doubt or fear that price will fall  and lose your money or maybe your not true believer of bnb and the like. but its ok at least you earned a good sum of money.

Very true, this is what I failed to realize for a very long time to be sincere, its one of my biggest mistakes and regrets even till now, if only I realized how important holding is, by now, I would have become a very rich guy with lots of money, I used to hold a lot of eth last year during the bear market, but like I was the one the bills were waiting for, to sell before the come, I sold all my eth for fiat in the $200 to $300 dollar range, 3 or 4 months down the line, the bulls set in and look at where eth is today, today, I cant even afford to buy one full eth but just some months back, I had over 24 eth in my wallet, really painful, this has thought me a great lesson, to always hold until the target price is reached, I've realized that the best way to make money in crypto is to hold.

If you see the prices are continuously increasing then avoid trading is best until you can see a clear dump on the graph so you can save time and avoid stress while making more profits than your trading strategies. Trading is more challenging and profitable when the trend is in sideways or bearish.

Exactly, I used to be a holder but duty calls and I can't even afford to lose away, I think those who can really hold for long term are those who are already rich, financial stable or have another means of good income, I don't plan on holding for long term but short term always come to the rescue, the fact is the future will always remain unpredictable

I can tell that I am the most unluckiest person holding BNB, I have failed so many times and I don't know what's wrong with me, I have sold my 10 BNB when the price was $50, thinking I have made profits, I'm so pained right now.
Holders are the real owner of cryptocurrencies not even traders, if I had held my BNB who knows if I would bought Tesla with it. :)

This is the reason why I have choose to buy more BNB periodically, each time I'm been paid, I would gladly be having more BNB, I don't mind if the price keep falling, I rather use the opportunity to add more quantity.

everyone currently hopes it will hit $ 1k. achieved or not, I believe what is happening now is not bad for those holding BNB in the long term.
many people have benefited from hundreds, thousands, to millions of dollars from their patience with BNB.
I still believe in top market assets that will not disappoint even if there is a correction. never be afraid to hold back the long term. because the right choice of assets will still gain momentum to jump very high.

Don't rush to conclusion on that about easy profit. Though the trend is up. We're in a bull market (and a bull year) and almost every crypto is having a good run. This isn't taking anything away from BNB as a great coin it's proving to be. Just buying and hodling any crypto this year is sure to guarantee anyone a profit. Nevertheless, what is not certain is when this bull run will end and who and who will be getting trapped. Of course, there are going to be those who will buy the top and catch falling knives. However, BNB will continue to surge in price because of CZ's innovations and the smart contract already introduced to the BNB platform.

bnb has been gaining a lot of traction lately and  I believe it'll continue to bring much gains. I feel you should hodl longer if you still have much left, we're just at the begining of alt rally which will continue on. People who have been hodling since last year has seen a lot of profit.

Precisely! those who still have this coin from last year really gaining a lot, and those who wanted to place their entry it's not
late yet, there are still lots of opportunities.

BNB really making a good run, and there are many reasons why investors and traders considering this coin, investment and long
term wise, this is one of those important coins to keep.

Yes, I always have the fear of losing for beat market. Because already it was introduced at 2018 when the bull market converted in bear market and I had lost a lot which recovered in this year for the current bull run. But still I believe that the ultimate winner will be considered for those who hodl their funds for a long time and don't get panicked for certain pump.

I called BNB as a money printer for this year. Before station next project, BNB will hit $1000 if the bull run continues. Still I am holding some for that moment to celebrate. Market looks bullish till now. So, we can expect that price from BNB.

Yeah I am also foreseeing that BNB could test up to $1200 levels along with bitcoin's bull trend.
Currently it is trading around 0.009 BTC and I am sure it will continue to test up to 0.015 to 0.02 BTC levels then according to BTC price levels then it may test between $1200 to $1500 levels.

But compared to BNB, I guess bitcoin holders must be enjoying the real beauty of long term holding. Because BNB entered into bullish mode in recent times but bitcoin is doing positive for almost half of year. Short pump may not be a preferred thing for long term investors.

You are not alone facing a situation like this, there are many who booked their profit before the real rally and i am also one of the unfortunate ones as i have already placed an order and i am not in control to cancel the order as i am sailing because of my profession and i am sure the order is executed.
In this market you need to have real patience and control over your trading platform to make changes accordingly if not you will be forced to satisfy with the minimal profit.

It's easy to make money in a bull market OP, anybody can buy and profit.

Everyone in this space makes a choice between coins they want to hold. You bought BNB and made money, someone else bought ADA and also made money. Saying that BNB is the right choice is pretty ignorant towards so many other coins in the space. It's not like BNB, ADA, ETH, or anything else is the right one. In a bull market almost everything excluding scam coins is the right choice.  

If you place your hope on BNB to multiply your money and become an asset in your wallet then BNB is the main choice, the BNB is not only looking for profit but to give the perfect profit to the holder. BNB is not the same as other tokens, BNB developers are currently working hard to continue to develop their technology without burdening the investors or BNB holders. My advice for BNB holders hold your tokens until big profits are obtained.

That's right, it has long been calculated and noticed that holding brings more profit than trading, except for those cases in which you are a professional trader and you have several sources of trading income. I am sure that many traders, looking at how the market has grown, understand that if they just bought coins and held them, their profit would be much higher than from those trades that they had during this period, because losses are not excluded. Unfortunately, such things are learned only in practice.

Not at all because these kind of selection into a particular project or coin does really need up some sort of luck aside on having analysis because not all would really be tending
to pump in the long term which means to those who manage to buy when its cheap and able to held it up for long period of years then that turns out to be a good call but doesnt mean
that it would be easy on finding which coin would have that kind of potential so its up to someone on how they would be putting up some risk into something.

That is clear because CZ always gives advice to everyone to hold BNB tokens in the long term and this is also proven by the regret of some people who are quicker to release BNB into the market at very cheap prices, even though the price of BNB in recent months has increased more frequently price rather than drop.

It is well known that holding pays at least as much (if not more) than trading. In addition, this period of euphoria is really not representative and should not be taken as an example. In the past, some have held bnb for months without earning anything.

I also agree with the comments explaining that it is better to avoid hurting yourself in 'retro' trading. What is taken is taken  ;)

If you hold the right coins, then yes. So many people are holders and hold some worthless bag of some shitcoin they were excited about in the past. There have been quite sophisticated scams in the past regrettably. Of some coins you better get rid right away, but the big ones will prevail. Excited to see where ETH might go next.

Yes, holding shitcoins for long-term does not have any sense. So, when we are investing we must need to do due diligence so that they could find the right coins easily which will definitely prevent later regrets. I am seeing lots of people are investing into random coins and then losing all their capital.

Definitely holding bitcoin and few other altcoins like ethe/bnb will be getting us huge profit over the long period of holding. But people due to lack of patience they are selling them quickly for small profits and then trying to re-enter but mostly they are not getting cheaper prices than they have sold.

Holding can be a curse or a blessing. When one is holding a very good project it becomes a blessing in the long run, but a bad project will result in regrets and sighs. I held Miracle Tele, it turned durst, no regret it was part of learning. The last badge of Cartesi I got from bounty, I said I was not going to sell it for any reason, just to see the long-term end, it's worth almost $500 now, and still going to leave it maybe till year-end. After selling my BnB and cake for cheap. I had ro just stake the few ones left and earn daily interest. Holding can be very risky when bear beckons.

Indeed, it is also a matter of what coin we hold for a long time as not all of them has a winning ends. It is just to happens that OP had a good choice of BNB where it is fully in hypes and if we just buy this during its early days, that was more than $1000 we could get. And I'd find out that holding has no target time until when but it is also depending on the situation. Of course, I don't hesitate to sell my coins if I could see that I was already in a big profit and feels no regret even by tomorrow it surge high.

This is absolutely correct. Gain and that to a handsome gain is always in favor of long-term investors. Trading has its own advantages and risks associated with it and thus long-term investments. But sometimes it is difficult to identify the "long term" value of our investment. I still remember the day when BTC was $4000 and today.
With regards to BNB, a lot more to come in the near future as it's a hidden gem.

Now we really see how rewarding if we choose holding our tokens and coins for a long term goals. Despite of the hardships, you really going to enjoy after long time patience watching over fluctuations, but eventually you'll be blessed on all those struggles you did.
My experiences made me more strong, even though I failed to take good gains in trading but as of today I tried to control my weak hands just to wait the best time to sell perfectly at profitable price.

If we can find a profit that matches what we want, of course it will be an amazing trading journey. A little jealous, I had some BNB at the start of the year, and I have to admit that I was stupid enough to sell them too fast. it's what it's I will make this as one of the mistakes I hope I will not repeat in the future

I have been sort of a long time holder, obviously if I had been holding bitcoin all this time I would have been richer beyond my wildest dreams, but I have done the same thing many times now and I am quite happy about it as well, looking to do it again this time around.

What I do is, I got into bitcoin when it was very low, it went up, I sold it and helped myself in real life, which was really great, then it crashed a bit, then went up higher, and I was collecting bitcoin with my paycheck during that period, eventually it rise to such a high level in 2017 that I sold and fixed many many problems regarding health in my family, and then I started to collect again, I bought from 4-5k levels, I bought from 10k levels, I bought from 14k in 2019, I bought from 20k even as recent as few months ago, and I keep buying now, why? Because my goal is to have as much bitcoin as I can, so that ended up with a good amount, and now I am considering maybe selling and fixing few more things, I keep doing this all the time.

Most problematic were those projects where the team was not publicly known. In most cases that is a red flag.

However, sometimes they have legitimate reasons to not come public, but that's quite rare.

In most cases they have no noble reasons to stay anonymous...

Long time BNB holders are now rich man it’s true, because this is one of the top gainers token few days ago. Long time holders are getting a peace of mind.

I think i am late maybe, i won't buy to this real gem in cheap price on time. Btw i hold usdt i will try hard to buy with a little bit cheap price.

Maybe to balance it, if buy coin split it to 2 terms, especially if you are really good in trading. So in long term you can get profit, for short term and daily trading can give you profit too. And maybe good point from it when 1 of your way still stuck or lose, you can cover with the other way of trading.

congratulations, get a 2-4x profit from BNB.  the excess of holding one coin will be sweet.  but it takes patience and avoids panic when the market is red.  or there are rumors about the coins we hold.

Just before 5 days back from now, I thought to invest a handsome amount for a short term and other will for long term. For example, I can start $1000 for short term basis, if I can complete two successful trade in a day with $50 profit both will give me 10% which will be $100. Isn't it handsome for a day? For implementation of that idea, I deposited a good amount and already earned almost $400 from leveraged trading in a single day. So, anyone can go for it if you have enough amount.

In a way, holding a coin can have much risk as trading it, When you hold a coin you are also taking a great risk doing so because the long term existence of that coin is uncertain, the team who plays a major in any project can decide to suddenly stop developing the project and cash out, (I have experience such thing before) and then your effort to hold will be a waste and so is your investment,
We all appreciate bnb and its price because of the hardwork the team has put in to make the coin valuable,  if the reverse was to be the case, nobody will be talking about bnb now.
My point holding also involves risk, long timers of bnb took a chance and it paid off.

But I am the one who regrets for not taking timely decisions when BNB was trading below 0.002BTC even I have been watching BNB since it was trading around its previous ATH of 0.004 BTC; I thought it will come back again so that I will be finalizing my buying but it never got chances to test old levels but straight forwardly rallied toward 0.009 levels which must be a great bull run for anyone who decided to invest just 2 months back.

cz advises bnb holders to hold bnb longer in their wallets and i have seen in his tweet he advised many people not to save dollars but to save bnb because it will be a good asset in the future. BNB is different from other coins, BNB provides benefits for holders who hold the token longer

I really dont think that bnb can goes this far, it is because binance customer base is so huge and because of ethereum gas fees is too high. Was hodl 1k of bnb 2 years ago and sold it already. Hope bnb can keep this value. As per i write this bnb down more then 10% of its ATH, maybe it is making new support at $400 ish

What if BNB didn’t made it? Early adopters and holders really did enjoyed the fruit of their patience, but even short term holders made profit should also be thankful no matter how big or small profit they made. Holding crypto for crypto for longterm is also a gamble, the only question gow far you can go.

Long term holders are always the real winners in crypto space, I've been around for so long to finally understand this but holding for years is what many can't endure since they always expect quick growths in a matter of a year or two, real holders don't care how long it will take them, they just keep holding on

long term holders can make profits than others and they are the ultimate winners. I agree with this.
But before any altcoins holding make sure it's not any shit coins.

@OP, you know I was one of the luckiest people who saw ETH @$3 and BTC at $100? I even traded it at that time and have also worked for BTC and used to get $300 worth of BTC each month at that time through my articles. Still, I just sold off everything every time I got them, didn't save anything. I had belief in BTC that it'd do at least 10x but I was helpless in front of the needs of my family and had to sell off everything to buy them the stuff they needed. Now I can't regret because it was all my choice to sell at that time, but even I never knew that BTC would do a $65k in just a decade and a year more, else I've collected enough at that time that I'd have been a millionaire in today's date.

It's not easy to be a long term holder, those who did it like it's a piece of cake are either living so well in life or are rich people who can easily take their eye off any investment they put money into because they have enough money even if they lose, it's not easy to be a long term holder, that's just the truth

Exactly this. I don't think many people managed to hold onto their BTC all the way from when it was maybe $100 until now. Actually, you must be out of your mind to not take profits when it's for example at $30,000 or even $20,000.

Definitely, if you hold your bitcoin and altcoins for a very long time and sell it this year, for sure it would be the sweetiest fruit. I remembered back 2017-2018 when the value of those coins were not as high as today. Back then, I did trading, joining bounty program and got paid.  As I received my rewards or payments I withdraw it right away. And I can say that I earned much from it. I have a weak hand that time. I didn't hold it for a long time due to many expenses and needs of my family. Somehow there is a regret for being weak and have a fear to lose it all. Because that time, bitcoin and other altcoin's value are getting worst. Recently, I decided to go back in cryptos to start all over again.

No one literally knows what will happen in a span of one month doing trading upon a certain coin so we cannot truly say holding it for a long period would be the best choice or strategy to be done within that period of time. There might be advantage holding for a while but since we certainly do not know how the market will change, different approaches are being done by traders to be able to gain profit because we are doing trading to gain profit and not to gain regrets for the decisions we have done. Yes, there are times we see that it will be much better if we have hold a little bit for a whole but still upon seeing we are doing progress on trading by doing by and sell, there is nothing to regret with unless you have streak of losses by doing such.

Yes my friend, now you are really getting the hang of it! I think holding is about the smartest thing that one can do, regardless of the wait time it actually takes for your stake to appreciate and moon, just so, as long as it appreciates. I have always just been a speculator and never really jumped all of the way into crypto. I never really held, and would just would make a few day trades here and there, every now and then. I have had a lot of coins that I sold for short term gain and now I regret it, but you live and you learn!

There is a different mind set between a trader and an investor, a trader is just interested in the direction of the price and apply technical analysis to price action but an investor thing long term and look at the fundamental analysis and look at the potential of the project making big waves long term

Long time holders are definitely enjoying the huge profit they've got so far now. I remember the times that BNB was only $1. It's really insane to see it reached an ATH which is $637. HODLers are the winners at the end.  ;D

A trader aims short time profit and a holder aims long time profit, both of them are good if it goes well.
When the crypto market bull run happen, long time holder usually will get the profit from there.
Trader can make profit in both bull and bear market, but not as much as the long time holder's profit.

Ya if you hold a big coin like BNB you will be rewarded in the end.

Especially we are in AltSeason, not even BNB if you hold or trade another big coins it will be easy to get profit.

Did you remember to invest the amount that you could afford to lose it? so many people were so greedy to put all of their money for their life to bet into the new project.
The long term holders will always get a lot of benefit when the project turned into the legit project.
It's easy as long as you were not picking up the fake or scam project. DYOR is a must. So many long term holders have become millionaires caused by they have invested into the right project.

This can easily happen when the alt season comes, but keep in mind that the altcoin season also has a time limit that expires. Actually, it's not only BNB that provides big profits in a short time, there are lots of shit tokens that have gone up to 500% in a short time. Even DOGE went crazy over a tweet. Yes, Q1 2021 is a bright day for all cryptocurrency users, especially holders who enjoy the beauty of profits just by storing them in their wallets.  ;D

because BNB is experiencing an increase in fact not only BNB coins but if you can predict the market well enough you can make profit from the decline and increase of each chart if each coin moves naturally and does not suddenly rise / fall quickly.
Because that is what makes all technical analysis patterns will dissolve.

As a long-term holder I personally don't have a problem if my coins decline for a few months, but in the future it will grow many times over, but it's a different story if it's shitcoin. Returning to yourself how to manage all the risks that will exist at the end of time, because whatever it is there will definitely have a chance to grow, and the risk of drowning.

I think mostly it's because some people are not that strong emotionally, the sign of such person are those who always watches the market every minutes even though they already planning to hold it for long term but got influenced by the market movement then they start to dump when the market is dumping even a little and sell when the market is pumping. In fact, so many people always regret of selling their coin too early but if they have other investment with the same potential they definitely gonna dump it to oblivion the first time they see small pump or when the market is in panic.

Well, you can imagine those who have waited for so long for Bitcoin and their alts to reach the ATH that they are getting now. I am pretty sure most of them have managed to convert some of their assets to fiat so they could live a good life. Good life that they are longing to reach since they first invested in cryptocurrency. Now there are many others who wants to get to this crypto race and I would be hopeful that we have all the patience that we can have so that we could be successful in our investments.

I see your point, traders who knows how to play with the market are capable of earning in a short period of time
while long term holders are waiting to maximize thier profits.

Both have good opportunities and if they managed to plan well the outcome is really good for both types of investors
nor traders.

The catch here must be, you need to be skilled for executing your trades profitable but for the case of long-term holding you just need some suggestion on what kind of coin needed to be invested and no other skill is practically required. Traders may seem like making good profits out of short period of time itself and holders are taking too much of time for making similar level of profits but there are higher chances for traders to lose at any time whereas holders are not having that kind of risk.

I agree both are good opportunities if we manage appropriately but required skills completely different and this is the reason holding is highly recommended for most of the people in crypto space.

Indeed! I have experienced that when I am holding Ethereum for long-term. I bought it when it was still between $180 to $200 range early 2020. I only regretted not holding on to Bitcoin in early-December when it was still around $12k or something and selling my 36k DOGE when it was still around $0.006 or something. Anyways, it is what it is. We just have to move forward if we regret on something (except ETH of course).

Holder is Winner

The patience of the holders if they invest in 2019 now will definitely get a profit of more than 500% from bitcoin or altcoin.
Of course, it is not easy for holders to be patient to hold their emotions in order to get the highest price like this year. at least for bitcoin takes 3 years to be able to create a new ATH.right now I am still waiting for the market to decline again to be able to profit

My Advise to every investor Just hodl on all your coin in portfolio... Make your research very well, learn the market to invest in and begin to earn . maeket will up and down but don't panic sell. Make your choice mostly on market with passive profits. And you will se easily 2x to 3x

In a growing market, all coins can be considered as a printer that prints money. And as soon as the correction or lateral movement begins, this printer continues to print money for very few people. Therefore, beginners should trade strictly in a growing market

Good example, there are many ways to take advantage just look in every perspectives where you can gain from this moving market, though it's
not always rising, there's correction to anticipate but with your knowledge,
You'll be able to position yourself with much higher chances of profiting with your investment, take time and never to rush things learn from every
situations.

Right everyone is a genius in a bull market, but when it crashes a lot of traders realize that they may not be as genius in trading as they thought they are.
It's to become delusional when things go right anyway and you are part of a bull market.

the case will be different for each asset held. market conditions and each person's psychology also differ in responding to market conditions.
sometimes withholding assets for the long term is sure to stress people out. especially if market conditions are in a downtrend which makes our asset value decrease continuously.
but for several potential projects. hold assets within the first 3-5 years the platform is running I don't think it will cost us any losses.
such as BNB which continues to strengthen every year. and some are creating their new ATH. that's all because Binance is a good project with a lot of development.
but if you see what happened to a bad project that even their team had left behind, it will not make us profit if we hold assets for a long time.

That's really good to hear. Regrets may come like hoping that you could've traded much earlier or right from the beginning but nonetheless, regardless of the short time span you've spent on trading, you have already earn much profits. It is really a real beauty for those who have been holding on their BNB for quite long because the benefits and huge amount of profits are definitely raining down on them. For sure, they will sell some of it and keep on using the rest of it for trading because they have so much faith for BNB. Same law applies to other cryptocurrencies, those who hold and have huge faith over a coin worth holding will see the real beauty of the crypto world.

Take Bitcoin as an example: if you bought Bitcoin in 2016 and didn't sell in late 2017, you went through a mental breakdown. But now you would be more than happy about your decision. You may think if you sold you could have rebought more, but that's too much of a good thing.

Holding long-term is a commitment to your understanding of the asset and the effort you put in to get to acquire what you believe to be knowledge. Downswings and upswings should be part of your calculations right from the beginning.

The beauty of investing in crypto is really the long term mentality. imagine those who invested in bitcoin ten years ago and what they stand to gain now. too much money for them. imagine if they were in day trading, they will have made profits but signed out of the big deal too early. Long term mentality is the big deal.

its the same because holders suffer from a crash but you as a trader you are able to sell your coin before a crash and you can take profits easily than waiting for a month .
 1000 dollars profit is a nice profit .
no need to put your self down but if you have a doubt and you think that holders gains more profit than traders , you can skip trading and do holding for a while or you can also do both of them .

If you have a good starting capital in trading, longtime holding is the best you can do with your asset, but if the money you have is not that enough day trade and scalping is the better way to accumulate your asset.

not all altcoins that we save will make a profit, if we have the wrong coin (junk coin) we can get a very big loss,
so remain careful and smart to choose and study which coins will definitely make a profit in the future.

Holding for long term is sure a thing of joy like watching ur worthless assets grow into a previous assets. I have few assets i acquired few years back which where kinda worthless but recently they are now worth something tangible though not a lot but i plan to hold onto them for a bit more longer time.

In addition to a good coin project and market conditions, keep in mind where the money is used.

Do not let the money used come from bank loans or money for family travel needs. It may be that you will not be able to sleep to think about returning it.

Try to use free funds, so you are calm if you want to hold these coins.

It also depends on your age. When you are young you can take more risks, no family you have to take care of (usually) and more time and energy to correct mistakes from the past.

Some traders already really notice this possibility. However, this only applies to certain types of cryptocurrencies. It is rather difficult to predict which cryptocurrency will grow in price very quickly in advance. Moreover, sometimes such growth is short-lived. Of course, this also largely depends on the general state of the cryptocurrency market. In addition, it should be borne in mind that almost every cryptocurrency has its own limit for price growth. Therefore, before deciding to engage in trading or holding a cryptocurrency, you need to consider all the necessary circumstances.

HODLers must be very happy about this soar in the BNB price. It is very likely for us to see the price reaching at least 700 dollars soon I think. And I still expect BNB to reach a price over $1k in this year.

You have done great, some of us had different view on how things are and didn't invest in BNB but we got profit from other investments that we fully explored and trusted. If you are not greedy you won't wait for $1000 but be carefully planning how to take this profit. Anyway, you should be happy about that, it needs luck and often a very good judgement that with all the distractions may lead us to mistakes. I still don't support or expect BNB to be important in the long run. Not even Binance, which tries to expand at anything there is. The one thing that helped Binance above anything else is the Futures market.
While anything else can become worthless, the Future markets always seem to have too many in user base that matters in profitability.

The OP should stick with trading BNB which he allegedly said is printing money rather than being envy or greedy of becoming a hodles who he thinks make more profits, $1000 is a huge profit earning such amount of money consistently while accumulating it will be massive in a long run,  meanwhile diverting to hodling may not pay off because he might have the patience to hodl for long and in a case of dumping of the price might lead to a collosal loss

The price of BNB has gone up several times more than before so the traders are very happy but it is unknown to many how much it will go up. If one holds the present for a long time one will fall into despair when the price goes down those who have held it for a long time before have made a lot of profit.

You can say that again. Holders are the one really enjoying the beauty of the crypto space this year, whether the person abandoned his wallet or not, what matters is that, now he has accessed it back, and if the coins are good ones, he will be met with amazing gains. I have read many stories of people who held one coin or the other for a long time, only for them to check back this year and were amazed. Also, on the other hand, many people were forced into holding most coins because as at then, selling at a terrible loss was out of the option and today, they have sold with massive gains.
Nevertheless, lets us know this; a good coin is always worth holding for long term, and even if the price is terrible today, if the team are really working hard, then one day the price will grow. On the other hand, following after hyped coins is a bad idea, because once that hype is out, the real colour will surface after which dumping follows and most times, the token or coin might not survive it.

Holding does not give us passive profits all the time like if we hold low valued coins, until now some of them ended up being dead coins and are now considered worthless. But if we start holding those high risk coins like bitcoin and ethereum, they will never disappoint us in the long run because we already know their strong foundation and have even gained more demand from people as years coming by. Their value are also growing every year that made them worth investing and holding.

For coins with low value, even new coins that do not have a product, of course, will not benefit us.
You can see the coins that can be obtained only by sending 0 coins to a certain address. they have no future.
but to hold top market assets I would also prefer to stake on multiple exchanges rather than just holding them for the long term. from there we will enjoy the benefits.

It is up to the project on an individual basis. If the team fails you can do whatever you want, you will end up as a abagholder. You must secure your position early on, but the sad thing is that you know someone else will lose.