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Author Topic: should hold or sold BNB ?  (Read 2325 times)
madfox11
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May 17, 2019, 03:56:12 PM
 #181

BNB is a centralized coin emitted by a "banking" institution.

It's everything a cryptocurrency is not supposed to be.

You can invest in it like you would invest in any other asset but it definitely is not a decentralized cryptocurrency. It depends on a central institution and has a single point of failure.
BNB will remain a profitable investment as long as the ieo is popular and in demand but even in these good days, we need to know that it wouldn't last long.
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May 17, 2019, 04:54:28 PM
 #182

After binance site has been hacked we were seeing the price of BNB also dropping heavily in the marketplace. Now the current bull run pushes this coin and now again BNB moved to 23 USD yesterday.
Holding this coin is the good idea but final decision is yours only.

I have around 34 BNB in my exchange wallet now. It is around  700 USD now. Even you may make the profit for sure.

Id rather hold that 34 BNB rather than selling it at the cheap price, as far as i know, BNB is a good investment, compared to other coins out there.

Maybe you can buy more BNB if you think that the price can increase in the future. And I see that BNB was down in this day so I think you have your chance to buy BNB at a low price. But be careful because sometimes, you will see that after you buy, the price does not increase instantly and even the price will get down for a while and then it started to increase. That will makes you got a little panic but don't worry because it's normal to see that thing in the market.

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May 17, 2019, 05:03:04 PM
 #183

yes I think selling is better to avoid losses, and we can buy back after we see the situation that will occur after the withdrawal is opened back.
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May 17, 2019, 05:37:25 PM
 #184

BNB price keeps soaring, because some projects are migrating to Binance chain since they believe it helps boost their awareness and maybe price. I think you should hold for mid to long term now that the heat is still on.
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May 17, 2019, 05:40:07 PM
 #185

yes I think selling is better to avoid losses, and we can buy back after we see the situation that will occur after the withdrawal is opened back.
if in a growing market condition we might be able to sell it and switch to another asset first. and we can wait for prices to go back down as they are now. where after the increase there will definitely be a decline, we can use it.

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May 17, 2019, 06:20:49 PM
 #186

Whoever is holding BNB should keep close eyes on the whole development of the platform. It is currently moving to its own chain which will boost the utility of the coin. Beyond the recent hack lies a greater future with binance.

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May 17, 2019, 06:46:40 PM
 #187

BNB token with a strong case as to why it still is a solid token to hodl even though times are tough for the industry financially. It will be an even more exciting coin to hodl once the bulls will return and institutional capital will start flowing into the space through Binance.
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May 17, 2019, 07:04:47 PM
 #188

Yeah of course we have to hold this BNB Coin.
The BNB is a coin from Binance and Binance is a big exchange that flows millions of dollars trading volume every day there.
I know that the BNB has go down, but it is will over when Binance lauch the new exchange called BinanceDex and BNB coin will flying so high.
kepp hold BNB guys.

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annango
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May 17, 2019, 07:08:24 PM
 #189

With current reputation as well as businesses of Binance, I don't think selling BNB is a good choice. If you buy it at low, you can sell a small part to get some finance. But if you've just buy it and a little profited, it'd better to hold. Firstly, Binance has quarterly coin burn, this will reduce supply of BNB and hence increase its price. Secondly, Binance DEX is about to launch for BNB-based tokens. Many ERC-20 based tokens will move to BNB chain and consequently boost BNB's reputation. Finally, bitcoin's on the move. Being one of the top altcoins, BNB will constantly and healthily pump after bitcoin.
Yep, kind of agree with his idea. If i were you, i too choose to buy instead of sell it. BNB reputation is not bad in crypto market, it is even considered a potential coin. As you can see, it's listed on the top ten coins in coinmarketcap. In this tough market, you'd better to make your own decision with your own thinking. I mean you should take some research before making your mind up, not to be too hurried to decide quickly with the current movement. Anyways, it's your choice, let ponder and afterwards don't lead bad mood if the outcome is not like your expectation.
Leema
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May 17, 2019, 07:40:43 PM
 #190

Hold bnb! This is one of the alts that have build a reputation in cryptocurrency.  Although the situation of the crypto market is not encouraging right now. But about bnb, there will be good news. Bnb is an alt that will still pump just a matter of time. The dip isn't down to 10% compare to other alts. I will advice buy more  and hodl.

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May 17, 2019, 07:43:01 PM
 #191

Now is the time in the world of cryptocurrency.  What is just the best thing to hold.  Because the market is not very stable and it is better to wait a bit.

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May 17, 2019, 07:44:25 PM
 #192

For big coin like BNB i will said Hold is the best choice and i recommend you to keep patience and wait untill your investment grow more than 3 times. It will be very easy for this coin to grow more than 3 times in 2-3 years.
The success of the project should be dictated by something and I did not find any explanation in your message, although I myself understand perfectly well that the Binance project is very successful, but I am interested in your point of view.
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May 17, 2019, 07:47:10 PM
 #193

it would be better to hold BNB because Binance is growing and the using of its coin will increase. and don't forget about IEOs - they also push the price of BNB higher.

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May 17, 2019, 07:49:36 PM
 #194

I think that now it is necessary to sell BNB. This coin has greatly increased in price and I think that it already has a small potential for growth. Buying BNB is very risky.
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May 17, 2019, 07:55:04 PM
 #195

hi guys
i bought some BNB at 0.00295 but i heard
that after withdraw open in binance BNB
will drop so should i sell now and buy
back after withdraw open ?

The hightime we stopped listening to what people say in this space, the better and more profiting we would get. BNB is a very good project and like it or not, opening withdrawals won't have any kinda negative effect on the price. I advise you do more research on BNB to know the best decision for you.
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May 17, 2019, 07:59:31 PM
 #196

BNB is something you should hold. All the Binance LaunchPad, Binance Dex and BNB pairs will make the price to skyrocket. Do not just follow the FUD and lose a big chance. HODL and enjoy he greatest rewards in very few months away.

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May 17, 2019, 08:08:46 PM
 #197

hi guys
i bought some BNB at 0.00295 but i heard
that after withdraw open in binance BNB
will drop so should i sell now and buy
back after withdraw open ?
Right now don’t sell BNB coin because Binance announced they will go to new launchpad coin which is Harmony Protocol https://mobile.twitter.com/binance/status/1128882848977412101 BNB price falling down for some rumours i think. But i hope again price will huge pump for new launchpad coin.

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May 17, 2019, 08:09:11 PM
Last edit: May 18, 2019, 11:51:00 AM by MaiQwaN
 #198

In my opinion BNB is one of the most reliable investments over the past year. This coin shows stable growth and has great potential for Binance IEO investors.
Dacosta Osei-Tutu
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May 17, 2019, 08:09:41 PM
 #199

Surprisingly BNB rather spiked up after withdrawal was enabled. The fact that the hack of binance couldn't have any negative inpact on bitcoin price, we should have been smart enough to know that BNB too wasn't going to crash.
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May 17, 2019, 08:10:57 PM
 #200

hi guys
i bought some BNB at 0.00295 but i heard
that after withdraw open in binance BNB
will drop so should i sell now and buy
back after withdraw open ?
Buy rumors sell news

Keep holding your BNB, when you sell now be sure to buy back at higher price
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