Is it safe to invest in BNB now?

[Swopon]

So I need some suggestions whether I go for buying it again or should I stop here.

I think you should listen to what your heart says. Because no one knows what will happen in the future. However, I think if you buy BNB now, you will not get the same profit as before. Because the price of BNB coins has already increased 4-5 times. I don't think it will increase more than that. You can invest half of your profits if you want.

Neither I am a long term holder nor I have big amount of funds. I have overall $2000 funds for trading usually. Basically I am a day trader. That's why I choose to those coins or tokens which will be up soon if my strategy will not prove as wrong. It is now enjoyable moment for me that I already gained Profit again when it touched $310 and now again trying to buy back. Hopefully this time I will be gainer again. BNB looks so bullish till now.

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[fullhdpixel]

the possibility could indeed happen. but there are other possibilities as well. it could be that BNB would actually strengthen if the popularity and adoption of the BSC increased. even though bitcoin is in decline we have seen how BNB still gets its pump moment like last 2019.

I do agree that there is a big chance that BNB could go higher, that seems like the biggest possibility right now, and I think it would be something to really behold because BNB is doing better than ETH during this defi craze, it has gone up a lot, nearly 10x already in the recent few months, so it is not going up any faster and giving a break but I am 100% sure that we are going to end up with a lot more profit later on, think about it this way if there are 10x more bnb spent on BSC, shouldn't that mean there is also a bigger increase for BNB itself as well?

That is what we are going to see for sure, that is what we will live very soon because defi craze is not stopping any time soon and everyday people are spending millions of dollars on defi again and again, and interestingly they do not get out neither, with the money they make they respond it on other things.

[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.

Following your gut is a good way but another effective way to look for the opportunity on when to buy is to look for an influencer that can keep you updated with all the news that might revolve around BNB. Its true that BNB can still be bullish but nobody knows that and everybody is just watching the chart. You can also just try buying BNB and letting it HODL for a while and if you find it profitable, you can try trading it for small profits.

Yes BNB looks still bullish and it keeps printing profits. Moreover, it pumped and takes hold above the $290 resistance. Now trying to buy back for updating my bags to see  new ATH soon. BNB is now in hype for CZ and Binance. Maybe none can break it's move. Still hoping best from BNB.

[DU18]

Now BNB price is around $300. I think bnb price can increase more. Some good project start creating token on bnb platform. I think, It’s will increase lot of demand. And as a result we will see bnb in high price.

BNB has promising prospects in the future, especially now that the BSC platform developed by Binance is starting to attract a lot of enthusiasts, especially for crypto projects which have been complaining about expensive transaction fees on the eth platform, by making BNB a transaction fee on the BSC platform, of course. will trigger an increase in demand for BNB coins in the market and will automatically make BNB prices even higher later, in my opinion if Binance continues to be able to maintain the positive trend that is happening today, it is possible that mid-2021 the market price of BNB will break through $500.

[angrynerd88]

I am in support of BNB,Not for that it is my favorite but BNB have extraordinary group and stage like Binancewhich is as of now reliable trade in cryptoworld.I feel exceptionally secure to have BNB. Be that as it may, looking at your exchange history, I think it's superior to hold up for the BNB cost small bit down. in any case, the potential for BNB to rise is colossal, but I think buying it at the current cost carries a huge hazard.

[Traderbtcc]

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 guess you have already made profits riding the first wave of bnb pump, do you think it's good to go back and invest in that same coin? Well I don't think do, bnb is still pumping at the moment it might break the recent all time high, but I don't think it will be wise for you to go back to reinvest in it, cause the bull run might just stop anytime, are you sure you can deal with the losses if bnb starts dumping because we can't deny that bnb has pump way too much.

[Ridwan Fauzi]

You can still buy the BNB coin, I guess this is a good altcoin so far. As you can see when bitcoin price up we will always see altcoin dump but it doesn't happen in BNB coin. This coin still increase even its price just passed $300 as a strong resistence, you are right $300 is a strong resistence.

So, I sugges if you will buy this coin you can wait for its price broke the $300 barrier and make it as a strong support, you can buy there. That is my suggestion, you can follow it or you may have to make your own analyst. I also a BNB investor and I still hold it until now, although it has given me a profit but I still hold because my traget price hasn't been reached.

[TribalBob]

too risky if you want to invest BNB now the last price is BNB 300 $ but if you are ready to accept the risk and hope your analysis is correct why don't you buy back when BNB has decreased the price of 5% - 10%,
good luck friends

[Flowzer]

Its safe to invest, but my suggestion is try to spare of your investation to another coin too.
But if you are really into BNB, try to leftover some of your FIAT to buyback BNB incase of the market dump happens.

[Questat]

None in crypto investment is safe, but all at risk. However, it is a need for us to face it and challenge ourselves, we can't win over this risk if we don't have faith, and choosing the best coin among the hundreds of them is the only way to make it right. That, choosing BNB is an example. But it is a thing to remember that not all the time we are in profit, BNB coins can't be all the time in the uptrend motion, buying them at a low price is the best time to make an entry, not during its peak.

[coin-investor]

There is no safe investment, all of them still have their respective risks that you have to face, but you have to be brave enough to fight those risks because if you look at the BNB price movement from the very beginning until now it can have a value of $300 showing that the Binance platform product has a development that is very impressive. good and of course if used as a long-term investment can provide a lot of profit.

You mean safely to invest and you will not lose your investment? of course Binance Coin is a safe coin to invest in, they are the leading exchange in the industry, they have their own chain, and they have a very active and charismatic leader why doubt, they are now in the third position, soon they will reach $1000 hopefully this year.

[shoreno]

i think the title shouldnt be " is it safe to invest in bnb now " but it should be " will i still be profit if i invest in bnb by these days " because you might not get a profit when you buy bnb these days because it will probably decrease due to a correction but it can soon return because bnb was a safe coin and we shouldnt question this  . im not in a way of shilling this coin but im just saying what i think of this coin because it was backed by binance .

[Farma]

i think the title shouldnt be " is it safe to invest in bnb now " but it should be " will i still be profit if i invest in bnb by these days " because you might not get a profit when you buy bnb these days because it will probably decrease due to a correction but it can soon return because bnb was a safe coin and we shouldnt question this  . im not in a way of shilling this coin but im just saying what i think of this coin because it was backed by binance .

Well, in terms of security, I think BNB is currently one of the coins with the least risk in security issues. other than that, I might also choose BNB over other coins besides ethereum. however, since the CEO of Binance was responsible for the hacking of Binance, at that time I believed that everything Binance was concerned with was trusted.

[fortune1002]

In my opinion it's not correct time to buy BNB because it's already pumped. So the price can be decrease and reach at 200-250$. I suggest you to invest in any other coin/token.

[ahmia39]

I suggest that you wait for the next correction and retracement then buy the dip on that moment because if you will buy BNB today is I think not a good idea especially that its moving uptrend however the best way you to do is to make your own researching/technical analysis so you will not regret afterwards.

Yes, and for BNB tokens I don't think there is any need to do repeated research and a lot of analysis, because it has been proven that BNB is a good token and its use has started a lot, which can also have a good effect on BNB and This can also be proven by the existing BNB rating in a good position at this time.

[bitcon]

I see BNB as a very profitable investment. I think that with such strong support as from the largest reliable exchange Binance, the coin is doomed to success. I started watching it from the first movements in the ranking and see how actively BNB is adding value. I would advise buying BNB whenever possible. Now, most coins are rapidly breaking up, BNB is also not lagging behind the rest.

We again see the coin in third place. I even think very soon the BNB coin will exceed its current ATH.

[Slow death]

as long as the bitcoin price does not break the resistance that is at $58000 you should be careful when investing in bnb because if the bitcoin price cannot break this resistance that is at $58000 it will fall and will drag bnb and other altcoinn together to a big price drop. so it would be wiser to expect the bitcoin price to break $58000 and then buy bnb...look at what happened in the last few days that you will understand what i'm talking about

[coinswebid]

safe ? mate, if you want to be a good investors you need to know about how to manage the risk,
because investment isn't safe buddy, especially in cryptocurrency
but if you believe with BNB, you can buy and hold this coin

[DU18]

In my opinion it's not correct time to buy BNB because it's already pumped. So the price can be decrease and reach at 200-250$. I suggest you to invest in any other coin/token.

In recent days many altcoins have experienced a decline in market prices including BNB altcoins, now the BNB price of $ 259 has fallen by almost 12% from the previous price of $ 293 and of course this is a good opportunity to buy BNB because indeed BNB still has a fairly positive trend in the market so most likely the BNB price will go up again. Currently, BNB is very suitable for us to make it as a short-term trading asset to get profit on a regular basis.

[Hamphser]

In my opinion it's not correct time to buy BNB because it's already pumped. So the price can be decrease and reach at 200-250$. I suggest you to invest in any other coin/token.

In recent days many altcoins have experienced a decline in market prices including BNB altcoins, now the BNB price of $ 259 has fallen by almost 12% from the previous price of $ 293 and of course this is a good opportunity to buy BNB because indeed BNB still has a fairly positive trend in the market so most likely the BNB price will go up again. Currently, BNB is very suitable for us to make it as a short-term trading asset to get profit on a regular basis.

Doubts and anxiety would really be your main opponent when it comes to these kind of times where you dont know if the price would really decrease even more.

Somehow if Binance would able to retain its position or popularity in the market specially that Smart chain would even more progress and does really get some serious recognition

then we can really expect for its price to rise up even more.When we do talk about safe then nothing on this crypto market could ever give that  kind of guarantee.