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Author Topic: Is it safe to invest in BNB now?  (Read 8028 times)
ijeb
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April 14, 2021, 11:23:20 PM
 #221

Hello dude,

Thinking of a long term, BNB will show some great results, for sure.
But for now I assume it depends how this month BTC candle will be closed. If it will be also green, like previous months, we should see a pulling back force for a min 15%. After that the summer will come and the trading will be "lazy" with not so volatile market. If the candle will be closed in a red color it may show us an semi-organic movement that can prove benefic for alts lice BNB, even for BTC.

Hope this will "inspire" you somehow and have a good one Grin
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April 15, 2021, 12:06:24 AM
 #222

Bnb is absolutely a worthy token to invest with especially if you keep track on this altcoin in its journey where it start just as 0.1$ until it reaches its ATH as high as 630$ just a few days ago. Also, the developer of bnb burn supply in order to maintain the market value or to get its value much higher. I have a strong guts that in the long run BNB can out perform and be the king of the altcoins sooner.

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April 15, 2021, 12:11:58 AM
 #223

BNB price is dumping, everyone should act now.

Not telling everyone that the price will pump more but long-term, it will soon pass its ATH that hit just a few days ago. BNB's growth is crazy starting from $40. It has a use case that everyone prefers like fees using their own Smart Chain and the feature of staking on their launchpad.

Don't want to hear, I should buy at the price of $1,2,3, and so on. If everyone believes in BNB, then buy at any rate.
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April 15, 2021, 06:05:23 AM
 #224

At the moment i think that buying bnb is very dangerous since the price of the coin is very high.
I believe that if you have bnb then now is a good opportunity to sell coins (at some decent percentage) and if you don't have bnb then you shouldn't buy.
nicecrypto
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April 15, 2021, 06:28:18 AM
 #225

It is safe to invest in BNB. BNB coin has a great potential. Now it is showing its potential. The price of BNB coins is continuously rising. I think it is safe to invest in BNB coins until the transaction fee of Ethereum is reduced.

BNB's potential is so high, it will beat ETH soon, no one sees it coming and now everyone could be riding with the BNB hype. Probably there will be a correction to come, but it will not stopped the success of BNB in the long run.

Even though I too believe that it is still very safe to invest in BNB considering all the hype around Binance Smart Chain, I agree with you that there will be corrections happening and might continue for a few days like if you have noticed, BNB has had about %16.9 drop in price over the past about 3 days and like I said, might correct some more but this is just in prep for another upward movement IMO.
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April 15, 2021, 09:08:50 AM
 #226

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 you better stop buying BNB at this time because BNB has found the best ath this year. and in my opinion the BNB will not go up any greater than its current price. So my advice is that you better buy another altcoin that has the potential to increase in the future. in the market there are more potential altcoins that you can invest in your future rather than continuing to focus on BNB.

do you know everything about BNB?
BNB is the best for the future, the movement of BNB is almost the same as Cardano, there is always movement and provides the best price for the holder. Your statement should not mislead other BNB holders.
your statement is like a person who does not follow the development of the bnb

Snappycoco
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April 15, 2021, 10:02:09 AM
 #227

In the long run, it is. I doubt that it could reach Ethereum's dominance this year but I believe in few more years it could over run Ethereum's bull rum.
(o)(o)ilikeboobs(o)(o)
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April 15, 2021, 03:19:45 PM
 #228

At this point, investing in BNB is no longer a good option because it has grown too quickly and reached a high level of value, the investment risk is now higher than the chance of profit. Learn about EOS, XTZ, OMG, LSK how you can give better profit.
This is just my personal opinion. Please consult a variety of information sources to find the right choice.
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April 16, 2021, 03:53:58 PM
 #229

After being pumped so hard we need to see bnb going down for a little bit to make another support at $400 something before we continue our bullish again to over $1000. And today binance announce that they burn bnb for 1million coin.
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April 16, 2021, 04:13:53 PM
 #230

One of the basic concepts in the stock market/crypto market is to buy at red, sell at green. As we see the market right now, it is in the bull run, so a high percentage of the currency is at green. So for me, investing or buying coins right now is not a wise and good decision since most of them are increasing their price. This is the time for the hodlers not investors, buying coins right now will lead you to either coming back your capital with no profit or worse, losing the money.

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April 16, 2021, 04:34:08 PM
 #231

do you know everything about BNB?
BNB is the best for the future, the movement of BNB is almost the same as Cardano, there is always movement and provides the best price for the holder. Your statement should not mislead other BNB holders.
your statement is like a person who does not follow the development of the bnb
The emergence of the development of BNB at this time is because the Binance Smart Chain network which is faster to get a good response from traders and investors so that the performance of CZ is not in vain in taking advantage of the current momentum.

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April 16, 2021, 04:55:36 PM
 #232

The question itself is dangerous. If an investment is safe, it means there is no big reward. The risk reward ratio usually holds true. If you are looking for big rewards, you have to take risks accordingly. BNB is well positioned, yes, but I wouldn't consider it a safe investment in the classical sense.


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Swopon (OP)
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April 16, 2021, 06:07:58 PM
 #233

The question itself is dangerous. If an investment is safe, it means there is no big reward. The risk reward ratio usually holds true. If you are looking for big rewards, you have to take risks accordingly. BNB is well positioned, yes, but I wouldn't consider it a safe investment in the classical sense.


Risk but profitable too. BNB is unpredictable and people are always saying it is overpriced. I just heard it whenever it was $20 and still the price is $500+ which was $600+ in the last week and till now hearing it is overpriced from many people around me. Position is good now before they are starting another project and another burning segment.

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April 18, 2021, 08:07:11 AM
 #234

If anyone ever knows about a "safe" investment that can make you rich at the same time, please please let me know! Wink

It depends on what you are willing to risk in order to make a certain gain. Safe gains aren't reality except for treasure bonds I guess.
trauchot
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April 18, 2021, 08:11:14 AM
 #235

If you want invest in bnb on long term, then of course bnb is an excellent option, since the binance smart chain is becoming more and more popular and therefore more and more projects appear on the binance smart chain and therefore more and more people are investing in bnb, but if you want invest in bnb on short time, then of course it is more difficult, since the correction of the cryptocurrency market has now begun and it is not clear whether this is an ordinary correction or a large correction, so you need to wait a little and then decide what to do.
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April 18, 2021, 09:18:24 AM
 #236

The future of BNB in 2021 looks bright. Now we are in the bull cycle, so investing in BNB will be the right decision.
manok jepang
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April 18, 2021, 12:38:05 PM
 #237

I think this is the right time to invest with BNB, as we all know the bnb are currently popular, because it is experiencing significant growth, and is the first altcoin to compete with the eth, of the course it is very safe to invest with BNB,

izsara
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April 18, 2021, 03:02:41 PM
 #238

it's still safe for now because sooner or later the bnb will go up in my opinion. although now the price is still unstable due to the burn that has occurred but for now I think BNB has a bright future. it's just a matter of time and the best position for BNB to fly.
but apart from that bnb i think promising

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April 20, 2021, 12:12:31 AM
 #239

it's still safe for now because sooner or later the bnb will go up in my opinion. although now the price is still unstable due to the burn that has occurred but for now I think BNB has a bright future. it's just a matter of time and the best position for BNB to fly.
but apart from that bnb i think promising

See you bring up the time horizon. I agree in that it will probably go up at some point, but when? So don't invest money you need in three months from now or otherwise you could get into trouble.
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April 20, 2021, 04:19:49 AM
 #240

Why not?  I firmly believe that most people here trust BNB more than the thousands of other coins on this space they know.  Was the leading CEX exchange in the top 10 crypto markets for many years.  Binance still shows great professionalism and innovation when co-founding BSC. 
Note: Coincidentally, today Binance is upgrading their Spot trading system.  Lol
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