Is it safe to invest in BNB now?

[Swopon]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

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[btcltcdigger]

It's safe to invest, but will you make a profit from it, that's another story.
IMO BSC is shit, and BNB is way overpriced. Soon, all the plebs getting reck'd in meme yield farming will stop, and the price will go down to it's normal level, which i believe is around $100

[republicrypto]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

for now BNB price is about $271 and i'm sure in the near time the price will touch about $300
i think you still have a chance to make profit in short term my friend,
but if you have a plans to hold BNB for long term thats will be a better idea
regards

[batang_bitcoin]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

Price pumped to $272. If I'm you, I'll invest into another coin that I haven't seen it go pump around. Because investing in BNB this time is like investing in the peak unless you're really thinking that it will cross $300 and more. I'll stop and maybe go for any other top altcoin or I'll just come in to bitcoin and ETH. At least with those coins, you've got the understanding that they have a higher peak than what it is today. But, you're the one to decide and do the suggestion you think is best for you.

[DarkDays]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

There's never certainty with these markets. Though, BTC did just move higher than before and it may show a trend of upwards recovery but whether this will apply to BNB or not nobody can be sure.

You could think that BNB is only getting bigger due to its own smart contract and more and more projects starting to implement it. It's a tough call that only you can make based on your risk tolerance.

[Swopon]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

Price pumped to $272. If I'm you, I'll invest into another coin that I haven't seen it go pump around. Because investing in BNB this time is like investing in the peak unless you're really thinking that it will cross $300 and more. I'll stop and maybe go for any other top altcoin or I'll just come in to bitcoin and ETH. At least with those coins, you've got the understanding that they have a higher peak than what it is today. But, you're the one to decide and do the suggestion you think is best for you.

Nice suggestions. I will think about it and your explanation was good. I am feeling confused which I should do now. That's why, I am seeking your attention to know which will be good for me right now.

Currently, thinking to invest in ETHEREUM too. Because the next resistance is $1910. So, still there has some hope to come as return.

[Fivestar4everMVP]

If am asked, I did say it good to invest in bnb now, but you have to look for a good entry point cus that's the most important thing, though a friend of mine told me last week that it's too late to invest in bnb now, but somewhere in my spirit, I don't believe him, If I have the money, I will damn his advice and invest cus I think bnb will soon be competing with eth on the second largest crypto currency.

[TravelMug]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

What is your goal though? short mid long term profit?

I don't understand why you sold when the last all time high is $300, you should have waited for a bit before cashing out.

Hard to give financial advise here, still up to you to make the decision, we don't know what's going to happen next. But in any case, goodluck to your decision.

[batang_bitcoin]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

Price pumped to $272. If I'm you, I'll invest into another coin that I haven't seen it go pump around. Because investing in BNB this time is like investing in the peak unless you're really thinking that it will cross $300 and more. I'll stop and maybe go for any other top altcoin or I'll just come in to bitcoin and ETH. At least with those coins, you've got the understanding that they have a higher peak than what it is today. But, you're the one to decide and do the suggestion you think is best for you.

Nice suggestions. I will think about it and your explanation was good. I am feeling confused which I should do now. That's why, I am seeking your attention to know which will be good for me right now.

Currently, thinking to invest in ETHEREUM too. Because the next resistance is $1910. So, still there has some hope to come as return.

Don't be confused, you can watch the market if you're too uncertain taking decisions now. As we see about BNB, it's heading back to $300 and if you're thinking of investing to Ethereum. It's not that late at all if you're visioning that it can exceed the ATH on $1800. $1910 is very reachable and possible. And if you're still too confused, better get off from altcoin investments and help yourself through investing in bitcoin.

[Kemarit]

Profit taking is never a bad thing!
If you want to invest again in BNB, than wait for a pullback. It got a nice pump today, but probably we will see some more profit taking which will drive the price lower.

Yeah, but we don't know what the pullback price will be, as we are in a bull run, probably we will see a week or two of consolidation and probably it will be a good hint to invest that time. Otherwise if we buy on top, might take weeks or months to realized our profits in short time. Because I think the OP is trying to squeeze profits this way and buy back when the price dip again.

[Farma]

For now, I feel very safe to have BNB. However, looking at your trade history, I think it's better to wait for the BNB price to be below $ 245 than to buy it now. however, the potential for BNB to rise is huge, but I think buying it at the current price carries a big risk. however, if you plan to hold on for a long period of time, that won't be a problem.

[LogitechMouse]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

We can say that you need to buy now since it is still going upwards but it may not happen. We can say that you need to wait for a correction but it might not happen.
What I'm trying to say is that, you can ask here but don't rely on us too much because what we can say might not happen. You still need to do research and a bit of TA so that you know at least when to enter and exit. You already know the next possible resistance and yet you sold your BNB tokens. That shows that you aren't believing in your analysis.

At first glance on the chart, you will see that the possible support is at the $225 and if it doesn't hold the next is the $210 price. The resistance right now is at the $296 price and it barely hit that price yesterday but it went down today and now down 6%. After the $296 resistance, the next possible resistance is the $332 price.

[codpku]

binance still have a long journey, like the CEO Binance CZ said ijts just beginning, with lot of project use binance smart chain i believe binance have a bright future
so binance really fit to invest for  a long term, just buy it and forget for 1 or 2 years and get back to your wallet i believe it will reach $1000 or $2000 in near future
just wait and see

[kak uli]

Your choice is very right and very good I think, therefore maintain and continue to invest in BNB because BNB has good liquidity for trading on various cryptocurrency exchanges. With the many projects out there being offered by BNB, thus the price of BNB continues to increase. Those are some of my reasons for making it safe to invest in BNB, hopefully it will be useful ..

[ethereumhunter]

I think BNB has the opportunity to go $300 over again. Smartest thing will be investing now in BNB. We only can prediction, however nothing can happen anytime soon but in BNB we can believe. There is so much good things going on around us and HODL BNB ultimately good choice.

It will increase to that price, but we should wait for a while as the price now increases more. If you want to invest in BNB, you need to determine your right time to buy because not every day is a good time to buy BNB unless you want to hold it for the long term and you do not think much about the price movements. If that is the case, you can buy it right now or later, but it is better to buy BNB when the price is down because after the price reaches the high price, it will adjust and make a correction.

[South Park]

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

I think the first question that comes to mind is how were you able to determine the market was bullish and how you decided to enter the market only to sell some time later? What kind of system are you using? What is your system telling you to do? If your system relies 100% on your gut feeling then I can tell you that sooner or later it is going to fail you, it is way better to develop a coherent strategy that also has a reentry point so in the case the market is still bullish after you sell you have a way to get back in the market without having to look for input in the forums.

[gurunanakji777]

Currently, BNB is trading at 280$ and now you must wait for some correction around 260$ would be the best option to buy again. Don't try to buy the peak if it drops from here you will repent of making haste. As you know patience plays a major role so you should wait for a little drop then you can buy again. Most of the traders are still bullish on BNB for long-term If you are planning to hold long-term then you can buy now as well but for the short term, you must wait for some drop.

[dhemasm]

From my perspective market was still on bullish trend and this will Continue until the next 1-2 months, COVID-19 vaccine has not been completely evenly distributed and has not yet been seen to be effective, it still gives some Negative Impact to the Stock market so that various investors are looking for alternatives and one of them is crypto. It's safe to invest on BNB now since BSC was also gain it's momentum, Pay attention to Correction, Good Luck!

[criket]

From my perspective market was still on bullish trend and this will Continue until the next 1-2 months, COVID-19 vaccine has not been completely evenly distributed and has not yet been seen to be effective, it still gives some Negative Impact to the Stock market so that various investors are looking for alternatives and one of them is crypto. It's safe to invest on BNB now since BSC was also gain it's momentum, Pay attention to Correction, Good Luck!

ou should know that the BNB price could be damaged when BTC underwent a major correction. this is not just for BNB, but most altcoins.
Current analysis does not only focus on project development. The market analysis is often overlooked because buying assets in a bull state of course must have good judgment.

[Lantind]

As my opinion it is not correct time for Buying BNB already Bnb price has very increase and i think now you can wait for Dumping.
But you can buy it if you want to Hold it for long time.   

Waiting for the dumping of the BNB token seems to be taking too long at this point, because considering the staking on the Binance exchange, this clearly makes buying of the BNB token itself even more increasing which could have an effect on the current price increase.