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Author Topic: What do you think is the right time to buy BNB now?  (Read 1126 times)
imran101 (OP)
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June 12, 2020, 08:50:48 AM
 #1

Binance may come up with a big announcement about BNB in a few days, which is why BNB prices are likely to go up a lot. It has been a long time since the price of BNB has not increased at all One thing you will notice very well when reviewing the prices of other coins is that the price of BNB coins has not gone up yet. Binance is a platform that owns 70% of the world's crypto marketThe way BINANCE is introducing new coins to the world through their own platform is their own coin. BNB is looking forward to bring something bigger for them. So in my own opinion, I think now is the right time to buy BNB do you think so
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June 12, 2020, 08:55:45 AM
 #2

Truth is either bnb or other tokens, every time remains a good time to buy, but you need to understand the motive behind each purchase.

Are you buying for short gains or long term gains?
Dyor and act accordingly
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June 12, 2020, 09:44:51 AM
 #3

Binance may come up with a big announcement about BNB in a few days, which is why BNB prices are likely to go up a lot. It has been a long time since the price of BNB has not increased at all One thing you will notice very well when reviewing the prices of other coins is that the price of BNB coins has not gone up yet. Binance is a platform that owns 70% of the world's crypto marketThe way BINANCE is introducing new coins to the world through their own platform is their own coin. BNB is looking forward to bring something bigger for them. So in my own opinion, I think now is the right time to buy BNB do you think so
If you want to invest in BNB in the long term, this is the time to buy. In the future I believe that BNB will break down ATH and create a better price and help many people get profit. But if you want to make a short-term investment with BNB, be careful because Bitcoin can crash anytime and BNB price will drop shortly thereafter.
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June 12, 2020, 10:00:39 AM
 #4



Here's the technical analyze for BNB now, it's daily timeframe chart.
For me, it's kinda risky now if you are asking if now is the right time to buy.
If I were you, I will wait for the right time, like some breakout in some horizontal support there or in that trendline you see in the chart, it could be a significant move once we see some breakout.

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June 12, 2020, 11:14:15 AM
 #5

I've seen that BNB has plunged more than 50% of its price before. And coming from you op, they have the most volume of traders in the world so that's already a confident reason why you should buy BNB. Ask yourself, if BNB will go back to $30+ then you should buy.
But if you are not a long term thinker for the coin, you shouldn't buy. That's all I can say for you because I'm not the one that's investing but it's you and your own money.



 

 

 

 

 

 


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June 12, 2020, 11:22:08 AM
 #6

I've seen that BNB has plunged more than 50% of its price before. And coming from you op, they have the most volume of traders in the world so that's already a confident reason why you should buy BNB. Ask yourself, if BNB will go back to $30+ then you should buy.
But if you are not a long term thinker for the coin, you shouldn't buy. That's all I can say for you because I'm not the one that's investing but it's you and your own money.
The market will be very unpredictable in the near future, and BNB is likely to correct soon because the market has rallied for a long time. I think BNB will soon return to $10, and it's a good price for you to choose long-term investment because this price will bring you a lot of benefits. Of course, the decision is made by investors and should be carefully researched before buying because any coin will have its own risks.

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June 12, 2020, 11:24:21 AM
 #7

It's the right time to buy BNB now, that's my opinion.
Why? because BNB is a good coin with great potential in the future, this is going to be a $100 per BNB coin in the future and I think in less than 5 years, we will be able to see that, so at the current price now, you can still accumulate it cheap.

We can see on their updates and development, they have not failing investors so in the long run, more people will trust them.

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June 12, 2020, 11:24:37 AM
 #8

Anytime is the best time to buy BNB coin caused by we know very well about the reputation of binance exchange site. The only important thing that we must try to determine which is the best rate to enter the binance market. It looks like BNB coins is still getting dumped.

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June 12, 2020, 11:44:24 AM
 #9

Of course, Binance Coin is still too cheap compared to the past and certainly this exchange will continue to grow strongly in the future. You can start and buy BNB, then you can hold them in the long term and wait for profit

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June 12, 2020, 12:31:38 PM
 #10

I think that the market is not stable now, and even if the news is very good, the price may not begin to show positive dynamics. I think that now when the price drops you need to buy BNB and wait for improvements

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June 12, 2020, 12:58:07 PM
 #11

When you are going o buy some coin, do not look only at technical analysis for the coin and positive news. You need to do complex research if the market is bearish or bullish. As we can see, it is not as easy as it was before to invest into altcoins and be profitable.

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June 12, 2020, 01:07:39 PM
 #12

I've seen that BNB has plunged more than 50% of its price before. And coming from you op, they have the most volume of traders in the world so that's already a confident reason why you should buy BNB. Ask yourself, if BNB will go back to $30+ then you should buy.
But if you are not a long term thinker for the coin, you shouldn't buy. That's all I can say for you because I'm not the one that's investing but it's you and your own money.
The market will be very unpredictable in the near future, and BNB is likely to correct soon because the market has rallied for a long time. I think BNB will soon return to $10, and it's a good price for you to choose long-term investment because this price will bring you a lot of benefits. Of course, the decision is made by investors and should be carefully researched before buying because any coin will have its own risks.
It is as daily as unpredictable and we can't be very sure where it's going. But for few cryptocurrencies, there's a good future that can be speculated and it includes BNB. You're entitled with that prediction and analysis you have so if that's possible, you should wait until it goes $10 and when it goes there, start buying. But, if the other way round happened and it didn't go back to that price, you can still buy and cope up so that you won't miss the train.



 

 

 

 

 

 


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June 12, 2020, 01:50:25 PM
 #13

The current movement of the crypto market is unstable since the COVID-19 pandemic that has hit the world, so predicting future crypto market movements is very difficult, so analyze carefully before investing.

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June 12, 2020, 01:52:00 PM
 #14

Anytime is the best time to buy BNB coin caused by we know very well about the reputation of binance exchange site. The only important thing that we must try to determine which is the best rate to enter the binance market. It looks like BNB coins is still getting dumped.
I know its reputation but OP is probably wanted to buy a bottom price in reference probably to its ATH. If you would observed its chart likely it will dump more but who knows what will be its path. In terms of development it is one of the best and fast to improve if you would compare to every exchange out there.

I think it would be better to wait a little bit, but if OP can is a long time holder and seeking a better performance of it few years from now, then there is nothing wrong buying some at an average monthly. Still he can leverage it buy buying at different price.



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June 12, 2020, 02:03:55 PM
 #15

Is there a big fundamental factor that will make the price of the BNB rise dramatically?

If you have already, there is no wrong you can buy it quickly given the BNB price is still low if I compare with the previous year.

Indeed, BNB is created by a reputable exchange and there is no doubt with the potential of this coin.

But, if there is no big fundamental factor I won't decide to buy it now (if I were you) and find another coin that has a big fundamental factor.

Currently, I get one coin that I think will increase drastically due to improvement by its developer, namely ADA (cardano).

This coin has shown interesting movement so far and most likely it will continue until the event comes.
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June 12, 2020, 02:04:46 PM
 #16

It is better to be accumulating a bit by bit. Generally when the crypto markets drops, the price of BNB too drops which makes it idea time to buy. So going by this, I will advise you to buy and accumulate now. Aside for the news you are expecting, BNB most time rise anytime binance introduce a new coin to be promoted on their launchpad. I don't have idea why it is always like that but that is what I've discovered generally about the BNB coin
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June 12, 2020, 02:11:56 PM
 #17

I think that their news has already affected the price. As a rule, the price of a coin rises even before the official announcement. Now you do not need to buy BNB if you want to make a short-term profit. if we are talking about long-term investments, then BNB should always be bought.

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June 12, 2020, 02:38:05 PM
 #18

I think that the market is not stable now, and even if the news is very good, the price may not begin to show positive dynamics. I think that now when the price drops you need to buy BNB and wait for improvements
You should always compare the price before buying a coin, as already the coin is moving up from last day's dump and already there have been much accumulation of BNB now, so you should wait for another dump to buy coins in cheap as in May also the price of BNB was at around $10 in its lowest so just wait for another dump like that and I am sure it is going to come in the next couple of weeks and then you should buy BNB.

BINANCE is introducing new coins to the world through their own platform
This is the major factor driving up the price of BNB due to the amount of IEO's that they are hosting and also how those IEO are performing after getting listed on the exchange. So yes in less than 5 years down the future the price will cross $100 for sure.

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June 12, 2020, 03:05:32 PM
 #19

Binance and bnb is always a high potential project to me and current technical analysis also provide a buy signal so what i will suggest you is that if you think binnace and its ecosystem is good enough and you support this project then it is good entry time as i have read many predictions of huge growth in price over a year or so as well so overall it is an attractive investment.

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June 12, 2020, 03:09:48 PM
 #20

I think asking about the right time to buy any coin depends on the person's believe and interest in that coin, that is, someone who want to buy and hold Bitcoin will hardly think of the right time because every time is or might be the right time, unless the person is just holding for very short time. Also, I think this mindset goes to BNB too; BNB is a very good coin which everyone knows so buying now or buying later might not really be a problem since it has proven to be different from other altcoins in terms of its team, growth and so on. Lastly, if you are just holding for a very short time then you can check and study the market for the perfect time to buy.

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