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Author Topic: Is it safe to invest in BNB now?  (Read 8028 times)
Rexler
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March 12, 2021, 10:20:54 PM
 #101

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.
Atleast you have made profit by selling your bnb holdings, bnb is still trading below $300 there's a chance it might be able to reach that price again but nobody can say when that will happen, before thinking of buying bnb again ask yourself if you think the bull run will still continue cuz if the bull eventually stops soon the price of bnb will surely fall, maybe by then you would get some cheap bnb's, I don't think it's wise to reinvest in it again becuz you might end up losing the profits you have already made from the first investment.

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March 12, 2021, 10:36:39 PM
 #102

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.
BNB is one of the best altcoins and l think it is safe to invest in BNB, as you mentioned BNB price has started pumping. No doubt BNB deserves more than the current price and it will change in the near future. For me BNB is the best for long-term investing, I'm interested to invest in top altcoins, and no exaggeration to say that BNB is the coin that has more potential to be the best in the future. As you above said investing in any coin at a low price and wait for price increases is the best idea. However l can not be sure that BNB can decrease nowadays, we should wait and analyze what will happen.

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March 13, 2021, 02:56:42 AM
 #103

Always safe, always profitable if Binance is not safe then the majority of the coins in the market with the exception of Bitcoin and Ethereum is not safe, there's always liquidity and you can find it in the majority of the exchange, but that doesn't mean that you are going to sell your house and invest all of it in Binance, you also have to think twice before doing it, the market is very volatile, you can lock your investment for a long time if the bear market comes in.

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March 13, 2021, 03:17:18 AM
 #104

Now, it is the best time to collect some BNB and very soon it will pump. Now it back to the buy zone and you can rebuy if you sold the last time. If looks perfectly at this moment now and will definitely explode soon. The short term priority is upward. Waiting to see the green market again. People are saying it is overpriced now at around $300 and it was said at around $20-$25 too.

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March 13, 2021, 03:19:47 AM
 #105

Now, it is the best time to collect some BNB and very soon it will pump. Now it back to the buy zone and you can rebuy if you sold the last time. If looks perfectly at this moment now and will definitely explode soon. The short term priority is upward. Waiting to see the green market again.

BNB hit it's ATH of over $300 after binance announced new coin in launchpool. And as the launchpool staking is already in progress and binance has been too selective in choosing coins to launch, I guess people would focus on the new coin rather than collecting more BNB. BNB is still very high and would require a correction to be in a safe buy range.



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March 13, 2021, 03:24:26 AM
 #106

Now, it is the best time to collect some BNB and very soon it will pump. Now it back to the buy zone and you can rebuy if you sold the last time. If looks perfectly at this moment now and will definitely explode soon. The short term priority is upward. Waiting to see the green market again.

BNB hit it's ATH of over $300 after binance announced new coin in launchpool. And as the launchpool staking is already in progress and binance has been too selective in choosing coins to launch, I guess people would focus on the new coin rather than collecting more BNB. BNB is still very high and would require a correction to be in a safe buy range.
BNB has that potential to be very high as CZ is still alive. His last tweet indicates something new will be coming. I will add that tweet link below. It is true that BNB pumped due to their launchpool staking. As we also habituated to see the crypto market is influenced by the investors and big giants.

Tweet link- https://twitter.com/cz_binance/status/1370240595982049284?s=19

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March 13, 2021, 08:18:50 AM
 #107

No.. don't stop just buy BNB again because I believe it can hit $500 price in the future, BNB is a potential altcoin and as you can see it climb up at the 3rd position marketcap. The Binance Smart Chain is popular now so no doubt the price BNB will increase for sure.

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March 13, 2021, 08:51:01 AM
 #108

No.. don't stop just buy BNB again because I believe it can hit $500 price in the future, BNB is a potential altcoin and as you can see it climb up at the 3rd position marketcap. The Binance Smart Chain is popular now so no doubt the price BNB will increase for sure.

With the growing popularity of BSC, I think BNB will become a coin like ethereum in the past where ERC20 is a token that is often used by new projects. At present, many new projects that use BSC and many projects that have been popular have switched to using the BSC network. It's possible that in the near future, the price of BNB will reach $ 500 or even more

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March 13, 2021, 09:18:58 AM
 #109

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.

the price of BNB has gone down when BNB touched the price of $315 and now the price of BNB is $268, so my suggestion now is the right time to buy back, because I am sure if the price of BNB will definitely increase very high again and reach the price of $400 (create a new ATH price), so that you will get a big profit from investing in BNB at this time.

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March 13, 2021, 10:41:37 AM
 #110

It's obvious you sold cheap, BNB crossed over $300 before  deeping and you selling at $245 is really low, to be sincere your sell order is actually a buy order for most people because check the current price it has raised above $270 so Someone who bought at your sell order will actually be in a good profits. For sure in few days to come BNB will still touch $300 and in weeks to come will hit new alts so please try not to be a panic seller and look beyond the red caddles, my advice for you is wait for a deep and look for a good entry price to enter am sure the bull run hasn't ended might last till year end.

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March 13, 2021, 10:46:40 AM
 #111

Well after reading the binance fud I bought it, BNB is one of the top coins in this market. Furthermore, seeing how they functioned in this arena, I found CZ is ambition to be immense, so there would be no fear of such fud to me.
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March 13, 2021, 11:29:29 AM
 #112

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.

In such a situation, it is difficult to give recommendations, but if you pay attention to the situation in the crypto market, you can see that we are now in a bull market and BNB is currently in the top 10 cryptocurrencies. If we look at BNB itself, we will see that the platform is evolving and is now attracting more and more new users. In the end, all of this can push the price of BNB even higher. If you are considering BNB as an investment option, then I believe that this is the right decision, since against the background of the growth of BTC, BNB can still make x2 to its current price.
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March 13, 2021, 11:44:43 AM
 #113


the price of BNB has gone down when BNB touched the price of $315 and now the price of BNB is $268, so my suggestion now is the right time to buy back, because I am sure if the price of BNB will definitely increase very high again and reach the price of $400 (create a new ATH price), so that you will get a big profit from investing in BNB at this time.

I hope that OP had take his profit by selling his BNB amounting $245 because upon checking blockfolio BNB was currently playing its market value at $260 last night and now it became $280. I guess it isn't bad to make your investment again in BNB which in fact i think that BNB well make it at $300 or higher on the next few months. So far, a good future in BNB can be seen by just looking at its current market standing right.
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March 13, 2021, 11:47:55 AM
 #114


the price of BNB has gone down when BNB touched the price of $315 and now the price of BNB is $268, so my suggestion now is the right time to buy back, because I am sure if the price of BNB will definitely increase very high again and reach the price of $400 (create a new ATH price), so that you will get a big profit from investing in BNB at this time.

I hope that OP had take his profit by selling his BNB amounting $245 because upon checking blockfolio BNB was currently playing its market value at $260 last night and now it became $280. I guess it isn't bad to make your investment again in BNB which in fact i think that BNB well make it at $300 or higher on the next few months. So far, a good future in BNB can be seen by just looking at its current market standing right.
Yes, already took my profit and I also suggest few people to invest on BNB. Those persons who invested already printing their profit from BNB and still counting more. Your last sentence says everything that it's enough to understand the future of BNB by seeing it's position in the market. Hope we will see the new ATH of BNB soon.

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March 13, 2021, 01:52:56 PM
 #115

I think bnb move is so good and still safe to invest in to it, because many developer and big project like XSL Labs move in to BSC network before they launch their own blockchain, and the reason developer move in to bnb ) bsc is because the transaction faster then ETH and 10x cheaper then ETH.

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March 13, 2021, 01:59:53 PM
 #116

Well after reading the binance fud I bought it, BNB is one of the top coins in this market. Furthermore, seeing how they functioned in this arena, I found CZ is ambition to be immense, so there would be no fear of such fud to me.


As long as you  complete  your own research, such fud is nothing.

CZ is working and with how he bring this coin into the attentions of potential investors, he really make it sure that things will create
impacts, now after that some corrections we are again seeing a good bounce residing @ $276 and still show green sign. Buy if you are
aiming for long and you have enough patience waiting for your any target exit position.
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March 13, 2021, 02:11:34 PM
 #117

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 $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
Some day ago i was think price will pump when see amarican senator person tell best exchange is binance exchange.but after buy i see price is dump and dump.at present their is no good news price is pump for good news.but every body can invest under 250$ price it can move any time.

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March 13, 2021, 11:15:47 PM
 #118

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.
as long as BNB has not made a new ATH price, then BNB is still good to buy, because I am sure that BTC has made a new ATH price today, then soon BNB will also make a new ATH price, so if you buy BNB at this time, then of course you will definitely get a lot of profit when the price of BNB makes a new ATH price.
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March 14, 2021, 04:13:26 AM
 #119

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.
I can see why people are interested in investing in BNB but at the same time bitcoin has been growing more than that coin and we know that when the crash comes bitcoin is going to more easily resist the impact due to its bigger size and its institutional investors that are not going to sell their coins in panic like the rest of the investors, so while you can obtain profits with such move I think that at the moment the best possible movement is to buy bitcoin despite how conservative such move may look for other investors.

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March 14, 2021, 04:37:23 AM
 #120

as long as BNB has not made a new ATH price, then BNB is still good to buy, because I am sure that BTC has made a new ATH price today, then soon BNB will also make a new ATH price, so if you buy BNB at this time, then of course you will definitely get a lot of profit when the price of BNB makes a new ATH price.
Yes, but I saw that after an increase in the BNB token two days ago, not long after that the BNB token immediately experienced a price decline, whether it was because of bad news or something, and today the BNB price is also still at $ 273 and that price too not so far from the lowest price in the past two days, although I am also sure that BNB still has a chance to create a new ATH this year, but it seems that this also takes time for BNB.

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