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Author Topic: should hold or sold BNB ?  (Read 2324 times)
Vishnu.Reang
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May 19, 2019, 12:54:11 PM
 #261

Selling BNB is not the best idea, look at current market cappitalization and think about the potentional market cap and that is your potentional profit.

Current market cap is fair and I would not say that it is neither over-priced or under-priced. BNB has few uses as of now, other than paying for fee at the Binance exchange. But then the discount for using BNB will be reducing every year and in about 4 years BNB users will get no discount in Binance. So what will happen to the coin after 4 years?

Also, BNB has given close to 30x returns during the past 2 years. Is it realistic to expect another 10x or 15x returns? IMO, it has already reached a saturation point.
IvugeoEvolutionCoin
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May 19, 2019, 01:20:48 PM
 #262

That would not be a wise investment choice in my opinion. Bnb is the utility coin of one of the biggest exchange In the market and despite the FUDs that might have resulted in recent 7000 btc hack, the coin has mooned from 20usd to 29usd with 50usd in sight. I wouldn't sell if I were you

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igor.vanyutin.83
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May 19, 2019, 01:23:59 PM
 #263

BNB is one of the most perspective altcoins on the market and furthermore it has huge potential to grow, because Binance is one of the most popular and trusted exchanges in the whole crypto space and BNB will only add more and more value.
Nisansala
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May 19, 2019, 01:46:59 PM
 #264

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 ?

They close their withdraw because of security reasons. Therefore i don't think BNB price will drop after withdraw open.  But sometimes it can happen. search some more news and get the decision. I also some BNB coins. let's see.

Ifychuks
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May 19, 2019, 01:54:36 PM
 #265

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 ?


That's just a rumour by those that want to buy BNB at a very cheap price. Binance coin is a coin with huge potential and with the current price I believe its still under valued. Therefore, I will advise you to hold your BNB because it will turn out to be a good fortune in the future.


Thank you.. I have always told my friend this but he is better arguing. There's always this kind of talk from people who want a good coin to dump so that can bag enough. BNB is a very good project that everyone wants to get in and take their position.
levvv
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May 19, 2019, 03:45:16 PM
 #266

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 ?

If you trust the BNB token from the beginning, then why do you want to sell it just because you heard some peoples opinion ?
Some peoples may want to buy BNB token with cheaper price by spreading FUD into the community.
So, better not always to hear other peoples opinion seriously because it can affecting your investment profit.
Malam90
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May 19, 2019, 03:50:53 PM
 #267

The latest hack didn't left any impact on Binance coin (BNB) price. Today BNB is traded at $29. Sell or hold strategy will depend on your trading  strategy. If you have profits at the current rate, you can sell and wait to buy again. If you want to hold it for long term, it will be better strategy and you can get even  $50 per BNB.
Ailmand
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May 19, 2019, 03:58:03 PM
 #268

I doubt if there will be an effect on BNB price after the hack. Binance had taken fast action and secured all funds on the recent attack. There are also IEO projects coming up in binance. Do not listen to humors, not unless there is a solid basis.

JuanPaulo
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May 19, 2019, 09:01:23 PM
 #269

BNB is a coin, which is an asset of one exchange and its further price and existence depends entirely on Binans. If things are going well for them, then the BNB price will rise, if it’s bad, then the price will fall.
I do not want to risk and invest in BNB for a long time.
cryptjh
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May 19, 2019, 09:20:27 PM
 #270

BNB is a great coin to have in your portfolio, especially if you trade on Binance. I sold some of my BNB when the news of the hack got out, but bought them all back a few days later, I think BNB will be one of the best coins in 2019
I think a $50 BNB will happen this year, as long as Biance stay as the biggest exchange and as long as the altcoin market doesn't collapse!
Nanagyasi
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May 19, 2019, 09:34:23 PM
 #271

BNB is proving to be one of the coins with a great potential. Even after the hacking incident, it still looks positive. I would say it is better you hodl it for long. I wouldn't be surprised to see it hit $50 by the end of the year

budakjawa
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May 19, 2019, 09:41:24 PM
 #272

BNB is a great coin to have in your portfolio, especially if you trade on Binance. I sold some of my BNB when the news of the hack got out, but bought them all back a few days later, I think BNB will be one of the best coins in 2019
I think a $50 BNB will happen this year, as long as Biance stay as the biggest exchange and as long as the altcoin market doesn't collapse!
if it is still used by many people, maybe Binance will be better this year, we still need to be vigilant because things can happen that are not desirable because the market can have risk risks that are not expected to come.
to sell or store it, you have to check the condition whether it is possible to sell it or not.
don't make the wrong decision, because you can lose it.

misterjo
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May 19, 2019, 09:43:06 PM
 #273

HOLD, bnb is the currency of one of the largest exchanges of cryptocurrencies, in the long term it will continue to rise because it has a great usability in its platform as well as in the decentralized exchange, besides that it is being used as a means of payment in some businesses and alliances that binance!

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Carreuh
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May 19, 2019, 09:54:06 PM
 #274

Actually this decision is in your own hands, whether you want to sell or you hold it, but long before that you have to look first at how the coin situation has good potential or just a coin that has a momentary value, and is ultimately worthless like some  another coin, if it's the same as other coins, you better immediately release the coin

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May 19, 2019, 10:33:22 PM
 #275

I am sure that the BNB will continue to rise, do not just let go because this is a future investment if the price goes down not dramatically then I will still hold the BNB.
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May 19, 2019, 10:43:34 PM
 #276

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 ?
BNB is a great coin to hodl and almost as important as BTC due to the dependent on its exchange. I see it hitting about $100 before the year runs out if the entire crypto market continues to surge.

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cotton ball
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May 19, 2019, 10:59:08 PM
 #277

What is clear is that if you buy the coin at a cheap price and have now experienced a very high increase, there is no harm if you sell it now and save the result to get a lower price when there is a price correction on the coin, because if the trend is still not up yet, it is probable that the price of the token will fall again.
Xardasim
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May 19, 2019, 11:04:06 PM
 #278

BNB is one of the best performing coins of recent times. The price changes around $30. If you had invested a few months ago you would made your money 4x-5x. It is one of the best in recent months and holding will lead to bigger profits.
rachellee
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May 19, 2019, 11:17:41 PM
 #279

If you feel that it might drop, you can sell it now to be safe, then wait for the dip then buy back. But make sure with your analysis that  it will really dump, and don't just rely on others' FUDding for better gains. BNB is a good-performing token, so better not lose it in your portfolio.
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May 19, 2019, 11:20:47 PM
 #280

You know, holding a Bnb tokens is very profitable. but if you just bought it now, you have to take a high risk. because it takes a long time to get a profit. the price is quite high and I think for the near future, prices will not rise again. but even so, in the end the BNB is still a good altcoin to hold.

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