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Question: HODL BNB???
deinitely - 9 (42.9%)
nope - 1 (4.8%)
diversify - 4 (19%)
sell btc for bnb - 3 (14.3%)
sell bnb for btc - 4 (19%)
Total Voters: 21

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Author Topic: WHAT Does everyone think about HOLDING BNB???  (Read 387 times)
Investforlife
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July 04, 2018, 12:05:09 PM
 #41

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
Thefrolly
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July 04, 2018, 06:42:19 PM
 #42

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.

 
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Jetblack01 (OP)
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July 05, 2018, 07:09:24 AM
 #43

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.
LoupGaroux
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July 05, 2018, 08:45:57 AM
 #44

 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.
xiwanfd
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July 05, 2018, 08:50:08 AM
 #45

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.
george_crypto
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July 05, 2018, 08:50:23 AM
 #46

I've started holding lately and I don't think I sell it in short term.
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July 05, 2018, 09:01:46 AM
 #47

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 Smiley
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July 06, 2018, 09:49:10 PM
 #48

binnance is currently down  and probably got hacked

bnb holders could see some losses soon

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

balrog
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July 06, 2018, 10:12:59 PM
 #49

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 .
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July 07, 2018, 01:42:57 PM
 #50

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.

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.

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george_crypto
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July 10, 2018, 07:30:55 PM
 #51

binnance is currently down  and probably got hacked

bnb holders could see some losses soon

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

I agree, we shouldn't rely on just one project, but there is no lesson on Binance, in a bad way. Is there?
que91
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July 10, 2018, 07:32:36 PM
 #52

In my opinion, I believe it's a good coin to hold for long time Smiley. 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 Smiley
_CryptoBrain
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July 10, 2018, 07:35:57 PM
 #53

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.
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July 13, 2018, 12:21:36 PM
 #54

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.
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