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Author Topic: Is it safe to invest in BNB now?  (Read 8028 times)
seleme
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April 02, 2021, 10:20:11 PM
 #141

I invested all of my funds in BNB when it was 41 dollars, and I now believe it was the best decision I've ever made. "Is it safe to invest in BNB now? " you ask. I assume that buying BNB at 455$ is extremely risky and that you should wait for a pullback.
You have made a great decision to invest in BNB, it is always a good idea to invest in any coin at a low price and wait for the right time. BNB is one of the best choices, however as you said it is not a good idea to invest in BNB right now. That is why the price of BNB is around 340$ and this price is enough good for BNB, that is right BNB has potential and maybe it gets more than this price in the future. But it is so hard for BNB to reach 400$ in the near future. l prefer focusing on other currencies, BNB investing is too risky, we should wait for BNB to get a lower price, and then maybe we can have any chance to make a profit from this investment.

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April 03, 2021, 06:26:05 AM
 #142

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.

if to invest in BNB I think there is no doubt, besides having a good platform, BNB is currently in great demand by digital currency lovers. investors continue to grow and even BNB has a great future. If you want to buy or invest in BNB, you should make a long-term investment in BNB, I believe BNB is a good atlcoin for the future.

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April 07, 2021, 03:07:57 AM
 #143

Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.

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April 07, 2021, 05:20:47 AM
 #144

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.


If you already made a profit in BNB, the only thing I could say is continue what you had started. Do the strategy what you used for it,
Just observed the resistance of the price of BNB, but of course you need to be more careful mate. ALthough BNB is one of the and safest
investment altcoins in this field of business.
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April 07, 2021, 05:34:45 AM
 #145

Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.
The current pump probably caused by the ongoing IEO that's in binance's launchpad, usually it's gonna be dumping after the event has finished but that's just my prediction. However, seeing that BSC keep getting popular and popular it's just possible that maybe the pump could goes on even after the IEO has finished.

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April 07, 2021, 05:51:19 AM
 #146

Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.
it's true that BNB has reached ATH $ 410.46 - Apr 06, 2021, this indicates whether this is true at this time, that Alt season is indeed possible and will do with other altcoins. It seems that in a situation where bitcoin is in a stable position, it is possible that it could happen because bitcoin does not interfere with the movement of altcoins that have reformed themselves to be able to increase, after being left behind last year with bitcoin.
This will certainly excite many projects to immediately move and improve.

Be happy that those who have invested in the long-awaited BNB also happen, maybe there will be renewable ATH again and we will look forward to that.
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April 07, 2021, 05:55:47 AM
 #147

Currently BNB is traded at $405+ and already set a new ATH. I already mentioned in this thread that the growth won't stop, it's a real beast. As long as it stays $360+, the priority will be bullish. Congrats for those who already managed their profit from new ATH.
The current pump probably caused by the ongoing IEO that's in binance's launchpad, usually it's gonna be dumping after the event has finished but that's just my prediction. However, seeing that BSC keep getting popular and popular it's just possible that maybe the pump could goes on even after the IEO has finished.
the pump is still possible. but for IEO events I don't think the effect will be too much.
in fact, there is a coin burning event for the next period that will happen in front of us which could trigger an increase in prices.
IEOs on binance are very popular. but currently the market focus I think is on the BSC market which makes BNB adoption increase.


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April 07, 2021, 06:06:10 AM
 #148

Bnb is the top 10 best altcoins on coinmarketcap, today in april the price has reached $ 400 which is still said to be a number of bnb that will be burned this month it is not impossible that the price will continue to rise, even though the price touches $ 500 it is still worth it for me to buy as long as the money is not money for daily necessities or because of debt.
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April 07, 2021, 06:40:31 AM
 #149

Quote
depends on how much patience you can have. if you are buying for long term you can buy and lock it. if you are just trading for little gains, you can check the trend and buy at a convenient point that will give you good profit which depends on your capital.
Yeah, if you buy for long term investment, it will bring you massive profit at the end of the investment. Many investors that embark on sure decision are enjoying their reward for the transaction.

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April 07, 2021, 06:55:36 AM
 #150

BNB is one of the best coins today competing with ETH. It aims to solve ETH problem with high fee and it is one of the best platform used by most projects now. Not to mention it's quarterly burn which is why most people invest on it. BNB is still undervalued since aside from being owned by one of the top exchanges, it's team is really competitive and makes sure that it will be considered as one of the best altcoin to compete with ETH.
No doubt bnb is indeed one of the best coin to invest in nowadays. But if we look at the current price, the value is quite expensive to buy.

However if you're planning to hold it for long term then the current price wont matter since we know there's a good future ahead for this coin.

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April 07, 2021, 07:50:31 AM
 #151

I have always supported the idea of buying altcoins, issued by exchanges. My idea was, if even its price go down, you can always use it to decrease trading fees or have an access to other exchanges features, that can give you profit. BNB completely meets such criteria's. Also, historically it looks that the price of BNB always grows up. If I have spare funds, I would have invested part of it into BNB without any hesitation.

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April 07, 2021, 09:15:08 AM
 #152

BNB is one of the best coins today competing with ETH. It aims to solve ETH problem with high fee and it is one of the best platform used by most projects now. Not to mention it's quarterly burn which is why most people invest on it. BNB is still undervalued since aside from being owned by one of the top exchanges, it's team is really competitive and makes sure that it will be considered as one of the best altcoin to compete with ETH.
Although we know that BNB can create great value and openly compete with the Ethereum network but if the investment is only based on the potential that BNB is showing, the time we will waste is relatively long and the returns are not really optimal. The most optimal is still based on the waves and information of Binance to invest, the market always has very steady bullish and bearish candles, BNB's weekly and monthly charts are no shortage of such candles either, making good use of it will make the investment safe and widen the profit margin

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April 07, 2021, 09:35:49 AM
 #153

if to invest in BNB I think there is no doubt, besides having a good platform, BNB is currently in great demand by digital currency lovers. investors continue to grow and even BNB has a great future. If you want to buy or invest in BNB, you should make a long-term investment in BNB, I believe BNB is a good atlcoin for the future.
It is true and in general what you say has also happened at this time where BNB continues to experience a good price increase and has even passed $ 400 in one unit even though now it is a little below $ 400, but I myself am still very confident that the BNB token will continue experienced a good price increase as long as there is Launchpad and other influencing things in the market.

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April 07, 2021, 11:29:31 AM
 #154

BNB is one of the fastest growing altcoins this year, and currently BNB is just below eth at CMC, obviously this has greatly increased the popularity of binance among traders and investors, and it is certainly very safe to invest in.  both in the long and short term, I myself have never doubted this altcoin, which is Etherium's main competitor,
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April 07, 2021, 11:48:24 AM
 #155

investing in cryptocurrency is definitely has a big risk, but with the current popularity of Binance, so I believe that Binance is one of the best cryptocurrency to make as an investment, because the price of Binance will definitely continue to increase very high, so that you will get a big profit from investing in Binance at this time.

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April 07, 2021, 11:57:27 AM
 #156

Personally, I think that the BNB coin is now in the growth stage and it is very promising to invest in this coin. For me, the BNB coin is very relevant as it can be sold at any time. Since the Binance exchange is very popular and now every day the BNB coin is growing and attracting more and more investors. From all that has been said, we can conclude that the BNB coin will be profitable.
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April 07, 2021, 11:59:55 AM
 #157

Personally, I think that the BNB coin is now in the growth stage and it is very promising to invest in this coin. For me, the BNB coin is very relevant as it can be sold at any time. Since the Binance exchange is very popular and now every day the BNB coin is growing and attracting more and more investors. From all that has been said, we can conclude that the BNB coin will be profitable.
Yeah BNB Was good option to invest for for short or even long term but still the market was volatile and we can see some pump to $400 today but still there will be some correction especially on today crypto market condition, Even like that BNB was the best choice so far, New Launchpad, Upcoming BSC Update and tons of good development, It's not an advice but BNB Was the best investment today, Anyway DYOR!
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April 07, 2021, 12:26:47 PM
 #158

There is no doubt the successful progress of BSC has leaved a positive impact on the price of BNB besides this the strong reputation of Binance exchange are playing a major role in the growth of BNB so on this basis we may consider BNB as a decent investment option so if you have long term investment plan in BNB then I think this might a right time for you.
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April 07, 2021, 01:18:37 PM
 #159

I think it is a great time to invest in BNB, if we look at the Bitcoin market it has decreased by 5%, but taking some data from recognized traders like Clark in his analysis he places:

Quote
The crypto strategist is also bullish on exchange tokens like Binance Coin (BNB) and FTX Token (FTT).

“Buying the dip in exchange tokens is +EV (positive expected value). BNB looks like it is about to go on a tear. FTT is going over a $100 regardless of any short-term noise so…”
Source: https://dailyhodl.com/2021/04/06/these-six-crypto-assets-are-gearing-up-to-erupt-according-to-analyst-cantering-clark/

With the recent correction of BTC, it is likely to be one of the best times to buy BNB, it is likely that Bitcoin will rise in price, if it goes into a bullish trend it is most likely that BNB will follow the same path, it is a great option .

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..PLAY NOW..
Dannaey
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Experience the Future of DeFi


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April 07, 2021, 01:24:20 PM
 #160

BNB is one of the promising coin I've invested. You just have to be in the right time so you won't buy on its peak price. I guess it's better to wait for the reversal.

Today is a very special day because of the launching of TKO in Binance. Lucky those who bought BNB because of the TKO staking. Price started at $10 per TKO.

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