Is it safe to invest in BNB now?

[Yurkov]

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.

Anyone interested in the cryptocurrency market is now talking about BNB, its recent price increases, and future ATH of up to $1000. All this indicates that the market sentiment is very positive and we can expect further increases in the BNB price in the near future. So in my opinion, investing in BNB is still a safe decision.

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[Rana590]

BNB is one of the promising coin at this moment and you can invest on BNB without any hesitation. It is most powerful and well known to everyone. People are showing more interest on BNB for Binance.

[Negotiation]

Apart from the crypto market BNB the prices of other currencies are also increasing I think it is safe to invest in BNB now there will be no hassle for the exchange binance is a very secure site and everyone can exchange it very easily. For Binance Exchange the demand for this currency is high.

[Review Master]

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.

First of all, congrts for making profit from those trades and secondly, BNB is already entered into the cycle of profits like bitcoin, etherem. As anyone can get profit if he/she hodl it for long time and it'll give profits even after a bearish market. So, it's best to buy BNB in any dip as a long term hodling. On the other hand, day trader can do their trades according to support and resistance zone and CZ is trying the best to pump BNB again, IMO.

[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.

First of all, congrts for making profit from those trades and secondly, BNB is already entered into the cycle of profits like bitcoin, etherem. As anyone can get profit if he/she hodl it for long time and it'll give profits even after a bearish market. So, it's best to buy BNB in any dip as a long term hodling. On the other hand, day trader can do their trades according to support and resistance zone and CZ is trying the best to pump BNB again, IMO.

Yes mate, already got some profit few times by following support and resistance zone. But yesterday sold my all BNB without checking the next support. Then I realized that it was my mistake and again my research says it will touch $300 and already it was closely there to touch. So still expecting good result from BNB but the sad news is I have zero BNB now.

[bakasabo]

Personally, if I have spare money to invest in cryptocurrency, I would go and buy some BNB. Historically, BNB would continue growing.
I remember when BNB price was lower than $5, and how it suddenly rose to $25+. Even back then people were amazed and asking if the still can catch this running train. Now look on the current price - $286 on March 10. Those who did not hesitate back then, multiplied their money 10 times. I'm not saying that 1 BNB will be worth $2500 in one year, but it will definitely grow up.

[bonyaserg]

Personally, I think that investing in cryptocurrency is very profitable now. And a coin like Binanc Coin is very promising. The BNB coin is very young and has great investment potential. So now you need to collect or buy on the Binance cryptocurrency exchange by bank transfer, credit card or exchange for any of the cryptocurrencies available there. And in the end, I can say that investing in BNB is very profitable and safe.

[Anonylz]

Honestly, I don't have big funds from my own. That's why, I want to make it worth for profit and want to use wisely with strategy though everything is risky I know. But I want to use my level best. Though my funds is not so big, risk tolerance is almost zero. Seeking suggestions to match with my strategy and want to spend best time with trading.

If you don't have a big fund then i will suggest you stick to low risk investment, look for those coins who have not been traded to the pick and buy,
bnb is booming now but who knows if this will continue or it will fall, but i do know as long as binance and cz present bnb will always find a way to strive.

[Restmand]

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.

BNB is a good investment, good to scalp in the market. Just buy low and wait for the price to get high sell it then wait for the pullback so you can buy again. I guess the price now will reach $400. Just don't be greedy when trading, wait for the price to pullback and buy again. That's true the price now is high, I bought yesterday at the price of $242  and I sold it at $287, I bought again at $272 and now the price is $286.

[jjdub7]

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.

Many analysts have high hopes for Binance Coin, and even some think Binance Coin is poised to surpass even Bitcoin in the coming months.

The rise of Binance Coin came after some optimistic news. Initially, its growing role as a utility token - a type of domestic private currency - in the Binance exchange and many of its ventures seem to attract mass traders.

As admissions increase, exchanges such as Binance expect to attract more consumers, which in turn may increase demand for its BNB tokens. Meanwhile, a strong shift towards decentralized funding and the presence of its Binance in the said sector would mean further growth for its domestic token.

In my opinion, for sure the BNB should be on our watch list.

[makishart]

Every belief and belief is clearly based on some facts that will happen to the Binance exchange which will have a good effect on the BNB token, I cannot predict the future and market conditions, but for the BNB token I still believe in its potential.

It's not only BNB exchange site but the whole ecosystem of BNB was also giving very big impact to the price of BNB, remember that BNB has a very good ecosystem and it can bring various benefits to the holders started from staking, lending and many more.
BNB is a good coin for long term investment. This can also be considered as a good store of value.

[coinmaster241]

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.

Depending on your analysis, don't involve people's opinions because it'snt certain that they will be responsible for their statements, what is clear is that crypto in the future will be hype and become a necessity for every developed or developing country, and become the center of world's attention

[Finestream]

Every belief and belief is clearly based on some facts that will happen to the Binance exchange which will have a good effect on the BNB token, I cannot predict the future and market conditions, but for the BNB token I still believe in its potential.

It's not only BNB exchange site but the whole ecosystem of BNB was also giving very big impact to the price of BNB, remember that BNB has a very good ecosystem and it can bring various benefits to the holders started from staking, lending and many more.
BNB is a good coin for long term investment. This can also be considered as a good store of value.

Exactly but the exchange is a big reason for their success, if they don't have a popular exchange then I don't think people will easily transfer to bnb where there are also a lot of platform that could provide cheap and fast transaction. The success was on the exchange then slowly rest just follow.

[Mpamaegbu]

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.

BNB is a fantastic coin to buy and hodl at this time. It's not just because the Binance exchange is the top leading exchange but for the fact of what CZ has been able to do with BNB as a smart contract. This will perpetually keep the coin in high demand just like what ETH ERC has been able to do. Even if BNB crashes, it will rise back like a Phoenix. The demand will always be there for it as both old and new projects are now moving away from the ERC chain because of gas fee to BSC. However, if you want to buy back, now isn't the right time considering you sold around $245 and the current price is way above that. Wait for a correction and then reenter.

[bryant.coleman]

The question everyone asking right now is whether the Binance coin is overpriced or not. According to coinmarketcap, the current market capitalization of BNB is around $43 billion. Remember that Coinbase is going for an IPO with a valuation of $77 billion. Is Coinbase more valuable than Binance? Maybe. But not by much. Therefore I think that the current valuation of BNB is fair. Investors who want to stay with BNB for the long term can go for it, at current levels. I am sure that they will receive a good ROI within the next 3-4 years.

[Wawa2013]

If you have managed to get a profit from BNB, in my opinion, don't buy BNB at its current price. Because the BNB price is too high and there is
a possibility that the price will fall, don't overly follow the greed that is in you. Even if we look at it now, the BNB price is still in a bullish trend
and there is a possibility that it could reach a price of $ 300 in the near future. But I better advise you to play it safe, waiting for the BNB price
to be corrected to buy BNB again.

[Reatim]

Binance is always been as safer investment material specially these days that Binance coin (BNB) is making History.
https://coinmarketcap.com/currencies/binance-coin/
Look at the movement , this indicates that recovery comes faster compared to other top coins .
if you are planning to invest in BNB? better do it now or feel bitter soon,because it seems that 500$ is the target maintaining value of Binance coin now.

[nicecrypto]

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.

Well I hope you did buy back in cos you would have missed all this profits if you didn't for the whole day of March 9th.



I too use to make that mistake of selling thinking it is on a reversal mode and it still continues on an up trend but for now, I am totally all in on BNB till the Bulls runs out  

[Viscore]

Binance is always been as safer investment material specially these days that Binance coin (BNB) is making History.
https://coinmarketcap.com/currencies/binance-coin/
Look at the movement , this indicates that recovery comes faster compared to other top coins .
if you are planning to invest in BNB? better do it now or feel bitter soon,because it seems that 500$ is the target maintaining value of Binance coin now.

In fact, BNB now is on the 3rd coin in the market and that simply means, BNB is truly promising.

Although we see that BNB is moving down in the past few days but not exactly a thing to worried about. The market will behave that way but somehow, some people never have the faith to hold, instead, they were panic and selling off their BNB.
@OP, I don't want to encourage you to invest in BNB, but I was giving you some hints that might have to look at.
  *BNB is promising
  *BNB is growing

A thing that can't be ignored.

[Vishnu.Reang]

LOL.. I still remember some of the posts in this forum a few months back, when people were calling BNB as overpriced. Back then BNB was trading at $25-$30 per coin, and was having a market cap of around $4.5 billion. A lot of the experienced users were claiming that for a cryptocurrency exchange that sort of valuation looks inflated. But they were proven wrong. Binance is the largest cryptocurrency exchange right now, and IMO even at current levels it is underpriced. Binance to cryptocurrency sector is what Apple is to electronic appliances, Tesla is to EVs and Amazon is to online shopping. And don't be surprised if Binance manages to overtake these corporations in terms of market cap in the next few years.