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Author Topic: Is it safe to invest in BNB now?  (Read 8070 times)
Waleedzain323
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April 07, 2021, 02:27:27 PM
 #161

Well, I think nobody is sure now  at this moment when BNB hit the last ATH we all were in shock at how fast BNB made it then there was no doubt that BNB can be the next ETH but at this moment BNB is on its peak we are not sure that it will drop or not and if it dropped then how much time it will take to be back

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SacriFries11
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April 07, 2021, 02:53:49 PM
 #162

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 have the same mistake when determining when to buy but I don't blame myself. I just know myself that it it's the way of making the right choice for the future.
BNB reached the all-time high again with $400+, and I think it's time for BNB for some correction. This weekend I think it will go back again at $325 again then back to 1-2 week ups and downs again with $350 - $385 range. BNB already proves that it worth to be the top 3 cryptocurrency. We should wait for BNB to go back again maybe this weekends then buy again. For long-term investment, there's no need to hesitate to buy now.

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CryptoLogo
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April 07, 2021, 07:22:16 PM
 #163

What do you mean when you say safe? It is obvious that BNB is a long-term project, which means that in the future its price will be higher than the current one, even if now it will drop in price in the near future. Look at the rapid development of the network, look at the incredible growth of the coin, at its relevance. I think the numbers speak for themselves. It is safe not to invest at all, then there are no risks.

carlfebz2
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April 07, 2021, 07:32:03 PM
 #164

What do you mean when you say safe? It is obvious that BNB is a long-term project, which means that in the future its price will be higher than the current one, even if now it will drop in price in the near future. Look at the rapid development of the network, look at the incredible growth of the coin, at its relevance. I think the numbers speak for themselves. It is safe not to invest at all, then there are no risks.

Having no risk word isnt really that much off appropriate when making out some suggestions because we know that in investment here on crypto does always have the risk.

Even though that Binance is flying with colors at the moment but doesnt mean that it will give out some assurance for you expect that much or make out guarantees.

Always consider or look out for the risk. Invest on the amount you can afford to lose and secure out profits while you still can.Rinse and repeat.

monineklutak
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April 07, 2021, 11:31:04 PM
 #165

Well, I think nobody is sure now  at this moment when BNB hit the last ATH we all were in shock at how fast BNB made it then there was no doubt that BNB can be the next ETH but at this moment BNB is on its peak we are not sure that it will drop or not and if it dropped then how much time it will take to be back
BNB is rumored to be a candidate for the NEXT Ethereum, yes and that is very clear to me,
just look at they have the BInance Smart Chain which makes Binance now a hype of its own,
because users only pay low fees to make transactions, there is still a chance to collect Binance ,
because maybe new ath will happen again
CaVO32
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April 07, 2021, 11:51:31 PM
 #166

What do you mean when you say safe? It is obvious that BNB is a long-term project, which means that in the future its price will be higher than the current one, even if now it will drop in price in the near future. Look at the rapid development of the network, look at the incredible growth of the coin, at its relevance. I think the numbers speak for themselves. It is safe not to invest at all, then there are no risks.


From the time the OP posted this thread, BNB was just $235 at that time, and look at the price today - $380, even if it bounced back a lil bit. But in the next coming months, I believe the price will increase more as they have varied products and services that are continuously gaining interest from the community. I for one, invested in their staking feature in their trading platform. They are really one of the reputable exchanges here. And investing on this coin may be a good decision for you to make.
sulendra12
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April 07, 2021, 11:56:37 PM
 #167

It's always a great time to invest in BNB, I'm always appreaciate a token that been using in a real world case such as exchange and BNB has been proven become a solid coin that been used really long time and the token is tradeable as well. Would personally recommend to invest some into BNB, the huge increase in just few months are really insane.

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April 08, 2021, 12:30:09 AM
 #168

If you want to hold this coin for very-very long term i can say everyday is a good day to buy this coin.

But if you just looking for quick profit, i think this is gonna be a good day to buy more because we are in market correction.

Especially BNB will burn some coins in this middle of this month.
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April 08, 2021, 02:49:08 AM
 #169

In April, BNB will conduct a Burn Token program. and in my opinion for now, if you are interested in investing, you can make a purchase.
Note that now there is a high risk if your target is a high increase. In fact, when doing short-term trading in my opinion it is much more profitable with high market voting it can generate huge profits
Besides that, the Launchpad and Staking programs have made many people still hold on to be able to follow it

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April 08, 2021, 06:24:53 AM
 #170

The best thing about it, is that none of us know for certain. Nobody thought bitcoin would be hovering at 60k right now, & Ethereum has outperformed it all year and is far more advanced. Expect the unexpected.

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April 08, 2021, 06:34:36 AM
 #171

If you want to hold this coin for very-very long term i can say everyday is a good day to buy this coin.

But if you just looking for quick profit, i think this is gonna be a good day to buy more because we are in market correction.

Especially BNB will burn some coins in this middle of this month.


With how this coin developed, what to expect is more success in terms of value.

After this post was created now BNB already reached $400, the development still on progress and more and more developers are
using BSC plus the said schedule of burning tokens, aiming for long term is the best option to maximize your profits, more updates
and successful project that be created inside this chain, more impact to the current value.
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April 08, 2021, 06:43:13 AM
 #172

I did not find significant risk when we put money in BNB. We can see that currently BNB has increased significantly, it's just that I think if you want to invest now it's a little late because BNB prices have increased. So my advice is to invest BNB when the price is low it is the best option
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April 08, 2021, 06:47:10 AM
 #173

Sometimes patience is very rewarding. If only you held on from the 9th rather than selling at 250, you would have doubled your flat value by now.
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April 08, 2021, 07:02:38 AM
 #174

BNB is a good investment for me and a must-have in a crypto portfolio. They do quarterly burns reason for the price to increase. By having bnb, you can have less fee using it on their exchange. It can also be used to participate on their launchpads and some BSC projects which gives a good profit. Right now, I prefer it because transferring cryptos under bep20 network has very low fees rather than using ethereum network which has a fee of more than 100$.
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April 08, 2021, 08:00:52 AM
 #175

Sometimes patience is very rewarding. If only you held on from the 9th rather than selling at 250, you would have doubled your flat value by now.
If humans could know about the future, it would be very easy to be patient, it's just that everyone will never know at what rate the price will go up and survive in the market, so don't blame every decision that has been made, especially if it's someone else's decision.
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April 08, 2021, 08:05:49 AM
 #176

Now when the price is at a historical high it seems to me that it is better not to invest but if you think otherwise then my advice isn't to buy at once for the entire planned amount I believe that the price will fluctuate and there will be a better entry point than now $ 400.
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April 08, 2021, 09:56:22 PM
 #177

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 this is time to sell for some couple % of your BNB.
take your capital and go invest others

I'm not your financial advisor, but from my own point of view I think it's late even though bnb will keep pumping up till it gets to $500 or even $1000, the reason I said it's late is because I remember seeing bnb hovering around $18 for about a year plus it even went as low as $10 and you didn't invest in it, now it's trading at its ATH over $400 you want to invest in it?
in fact i was surprised to see BNB go up like 1000% within couple month.
I just found out the reason, its binance smart chain adoption.

only because the ETH gas fee is up to 50 $ only for 1x transaction and then people see BSC
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April 09, 2021, 04:33:55 AM
 #178

currently the price of BNB is including a high price, but that does not mean that the current BNB has reached the peak, Still !!. I think investing in BNB is a smart choice with a long-term investment method. In several articles that I have read there, it is said that Binance / BNB will make new innovations for each user to be safer and more profitable for every BNB holder.

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April 09, 2021, 05:34:48 AM
 #179

there is no doubt investing in binance (BNB). Seeing the development that BNB has made so far in its skyrocketing price growth is the reason I have the courage to invest in BNB. however, the investment that needs to be made in BNB is a long-term investment so that the profit that will be obtained will be even greater.

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April 09, 2021, 06:29:54 AM
 #180

For me personally, it is now very profitable for me to invest in BNB as the coin is in its early stages of development. And very little money can be invested in this coin. Since the price of the coin is not high yet. But if something suddenly happens, then the investment losses are too small. Thus, BNB coin is very profitable and safe to invest in at the moment.
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