A Big Secret of BNB coin! You Must Read This Or You Would Regret Later

[OcTradism]

It is a good point and OP used the P/E for this reminder. It is good but people can not bring traditional TA to crypto market or can not apply it without any other consideration.

Crypto market is defining the over sold and over bought price. Bitcoin is the leader to redefine those terms. You can think the price is over valued now but in crypto market, it will rise higher to top up before any corrections or bear market later. Oppositely, price might fall much deeper than what you thought in the lowest price for over sold. Fortunately, it will rally back to the oversold price you define with traditional TA.

Don't take profit too soon or don't fear too much and shake your hands. Price might often rise higher or rally later

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[numanoid]

Who was invested with me when i created this thread?

On OP i said BNB price was $124 and now it's $164. It just been a week for BNB to reach another $40, if you have bought 50 BNB coins, you already on $2000 profit now just in a week!

Let's re-calculate the P/E,
$164/4.69 = 34.96x
$164/5.86 = 27.98x

P/E for BNB is around 27.98 - 34.96x now, is it still worth to invest? It's your speculation

[ashmodeus]

Who was invested with me when i created this thread?

Me , LOL , even now almost $200 , with another launchpool posted today ,i guess will go to $200 range , a bit too late for join , but well, with non stop bullish period for BNB , its seems worth . i just swap 2035 Busd for 13.85 BNB on 165.54/BNB on pancakeSwap 20 hours ago. So far $500 bucks already profit under 24 hours by this time.

[LGD2Business]

It wasn't a big secret. People that are heavily into crypto-currencies already had too much BNB, now that pays off well.

BNB came to 200 and set back to ~185, I'd say it has still more way to go up.

[numanoid]

Who was invested with me when i created this thread?

Me , LOL , even now almost $200 , with another launchpool posted today ,i guess will go to $200 range , a bit too late for join , but well, with non stop bullish period for BNB , its seems worth . i just swap 2035 Busd for 13.85 BNB on 165.54/BNB on pancakeSwap 20 hours ago. So far $500 bucks already profit under 24 hours by this time.

Oh there is one! Well good to know, even though BNB price dropped a little right now to $186 i think it's still safe. A bit late is better than nothing, just like Elon, who said he is a bit late, bit he supported btc.

It wasn't a big secret. People that are heavily into crypto-currencies already had too much BNB, now that pays off well.

BNB came to 200 and set back to ~185, I'd say it has still more way to go up.

Tell me how many people realized how undervalued BNB was? Almost no one realized it until now people start to buy like crazy

[LGD2Business]

Tell me how many people realized how undervalued BNB was? Almost no one realized it until now people start to buy like crazy

Our local communities hold it hard, everybody knew it will blow like that. It's not even ending, it will go higher.

We also hold the best BSC projects such as CAKE. The future is Binance Smart Chain, it's obvious.

[numanoid]

Tell me how many people realized how undervalued BNB was? Almost no one realized it until now people start to buy like crazy

Our local communities hold it hard, everybody knew it will blow like that. It's not even ending, it will go higher.

We also hold the best BSC projects such as CAKE. The future is Binance Smart Chain, it's obvious.

Oh so it's mean your local communities already become rich right now? Why you still wearing paid signature then while you have earned much through BNB & CAKE? Could you remove your signature?

[litepool.ru]

Thanks for sharing this, I have a different view of Binance. They are really pervasive in all activities of the cryptocurrency market, it can be said that its influence on this market is enormous, which is the reason why I decided to buy and save it since it's still $20.

[doomloop]

It is a good point and OP used the P/E for this reminder. It is good but people can not bring traditional TA to crypto market or can not apply it without any other consideration.

Crypto market is defining the over sold and over bought price. Bitcoin is the leader to redefine those terms. You can think the price is over valued now but in crypto market, it will rise higher to top up before any corrections or bear market later. Oppositely, price might fall much deeper than what you thought in the lowest price for over sold. Fortunately, it will rally back to the oversold price you define with traditional TA.

Don't take profit too soon or don't fear too much and shake your hands. Price might often rise higher or rally later

I agree that regular stock market or forex type of TA doesn't really apply in crypto, it is really not similar and people forget about that frequently, I know that it is doing great right now but we have found "why" it did so great in hindsight, which means this could be the reason or maybe it is not the reason, we do not know if it is true or not.

This is why I think it should not be really that difficult to buy BNB right now and hold, I know that people are thinking you must be crazy to think BNB would go up from this already increased price, but the reason BNB increased is people really wanting and using and buying BNB right now, due to BSC and all the defi there, there is a high demand for BNB and that increases price of BNB, even if one defi ever bankrupts or does a rug pull, we will still be doing fine and we should focus on that part of BNB, that makes it very valuable.

[jostorres]

Tell me how many people realized how undervalued BNB was? Almost no one realized it until now people start to buy like crazy

Our local communities hold it hard, everybody knew it will blow like that. It's not even ending, it will go higher.

We also hold the best BSC projects such as CAKE. The future is Binance Smart Chain, it's obvious.

Interestingly we had the same type of logic in our local community as well, we were just about 50 people in telegram that follow crypto together and talk about crypto, and most of them are not even active, so it was more like 20 people. However because of the exact reason you talked about, instead of going into BNB, we went into CAKE instead. Not like cake did anything wrong, we mostly bought it between 2-3 dollars so far and that has gone up 6x as well so we are not really unhappy about it.

Of course BNB price increased so much as well so if we stayed in BNB that would have been not a bad move neither, but Cake made us more profit so that was a good move for us. I am happy that bnb increased, that shows that BSC is doing great and more and more people are buying  BNB and indirectly supporting BSC token prices as well so I am happy to be involved in those.

[numanoid]

It's seems BNB coin can't break above $350 easily, when it just passed above $300, it will get dump and stay around $300 again. Damn you weak hands

[MishaSER]

It's seems BNB coin can't break above $350 easily, when it just passed above $300, it will get dump and stay around $300 again. Damn you weak hands

Almost x10 is not enough for you? Well, I think that's enough. Many have sold their BNBs, there is nothing wrong with that. Of course, for new investors this is a fairly large amount, but this is the market.

[LGD2Business]

Oh so it's mean your local communities already become rich right now? Why you still wearing paid signature then while you have earned much through BNB & CAKE? Could you remove your signature?

Plenty of people that followed that path became rich, most of them were rich already and now they are richer. Why is my signature your concern, I don't understand your point, if you have any. Why would I remove my signature and how does it help you? Your post makes no sense.

[slaman29]

Still not convinced, and I would still have preferred to invest in dogecoin, made also the same 3x at the time, if not more, and be much more confident I was using an actual crypto with an actual use case.

Not saying BNB doesn't have one but they had to make it up and keep making it up. It's coming down some day, you know. When CZ and BNB whales find the next shiny thing.

[Lordhermes]

Imo, Binance coin is useful and had secret in the following ways, during their ieo, investors are required to hodl certain number of BNB to participate in the presale why that could be another increasing factor of BNB.
Another one could be the token burn that occur periodically which is also the the respective reason behind BNB pump. With all these it's worthful to hold and buy more BNB to your portfolio, in the future the price of BNB will certainly hit $1000.

[Ridwan Fauzi]

I think it is not BNB coin only which increasing a lot and give a lot of profit to its investor. Like ETH, if I'm not mistaken a years ago ETH price touched $36 but as you can see now how its price movement? It is more than 26× for your return of investment.

I guess crypto currency investor has defeated Warren Buffet if we talk about return of investment. But, in experience side Warren Buffet still won given investor crypto currency filled with young people. Also, when you ask will you invest in BNB? I'll answer that yes I have invested many times and I got profit as well.

[TimeTeller]

It looks like fundamentals are also working on this market on which many forget to use since they are too focus on TA and the price trend. BNB in a good exchange and the one of the top altcoins that continues to developed great things, if BSC succeed with good projects then we can expect BNB to reach more heights in the coming years.

Not even a month the OP posted this analogy, and the BNB price in the market is still double as compared to when the OP posted this thread.
From $120 to $244 today, though, it already dropped from its ATH, still it sustain its market above $200+ level.
BNB is a promising coin because as you said it is backed by reputable and top exchange.
Aside from that, their BSC network is gaining popularity among crypto users because of its cheaper fees.
There's no doubt, BNB will grow as time goes by, if they keep up with their innovations and developments.

[Natalim]

Worth a read, I'll sure read more of this kind as BNB is quite interesting now.

Maybe the price has increased significantly but I like to know more about its future potential, the only thing I like to know more is if it is overpriced or still undervalued. Thanks for sharing this, I'll read the attached links as well and hopefully I'll find a convincing information that will help me decide now or later.

It's seems BNB coin can't break above $350 easily, when it just passed above $300, it will get dump and stay around $300 again. Damn you weak hands

It makes me scared reading the words "weak hands" as it get me REKT in the past. 

[numanoid]

I think it is not BNB coin only which increasing a lot and give a lot of profit to its investor. Like ETH, if I'm not mistaken a years ago ETH price touched $36 but as you can see now how its price movement? It is more than 26× for your return of investment.

I guess crypto currency investor has defeated Warren Buffet if we talk about return of investment. But, in experience side Warren Buffet still won given investor crypto currency filled with young people. Also, when you ask will you invest in BNB? I'll answer that yes I have invested many times and I got profit as well.

You are totally dumb. When a year ago ETH hit $36? Show me the proof or you are a real one of not helpful person according yahoo62278. It's very dump to compare ETH lowest price with now, if you calculate BNB from it lowest price, with only $100 invested, you already freaking rich right now.

I don't care whatever you made profit or not, it's not by bussiness.

Anyway, the recent drop was because a defi got hacked for $31millions, still waiting for official statement from CZ

[CutePanda]

I just read this post, it was a great post to see,
I will make sure to keep a note on this post, as you can see, not only BNB, BAKE and CAKE also the product of BNB are exploded and go boom, after it happen, i also bought a lot of BNB to keep and hold for a long term investment.

very nice post !