Is it safe to invest in BNB now?

[SistaFista]

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.

Indeed, we should not asking other people whether it is safe or not to invest on something because not everyone can be a financial advisor.
Just do your own research towards the project, and you will not regret your decision later. Never rely just on people's opinion when we want to invest our money, except you know well the person who give you opinion.

[Swopon]

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

It is very simple that if you provide the best innovation in the market, people will attract more. Binance is continuously bringing new innovation which is quite impressive to us. So, it deserves it.

Today, BNB is slowly recovering. Just need a push for BITCOIN then it will also go to up again. Btc is retesting, we may expect a pump soon.

[Momoamzad]

I can see many of the projects are working with binance Blockchain  . Investors are showing interest on binance . So I think BNB can get more preference . So investment on BNB can get you huge profit in future. People showing more interest on it as like BTC.

[Swopon]

Today, BNB is slowly recovering. Just need a push for BITCOIN then it will also go to up again. Btc is retesting, we may expect a pump soon.

Like I said yesterday, if Bitcoin price gets some push, BNB will show it's power again. And it is already done by it. Currently, BNB is traded at $581. Don't need to think it is overpriced. Think about its nature. I think it is still in a dip though the price is high now. I will keep updating it after next pump.

[Sithara007]

Today, BNB is slowly recovering. Just need a push for BITCOIN then it will also go to up again. Btc is retesting, we may expect a pump soon.

Like I said yesterday, if Bitcoin price gets some push, BNB will show it's power again. And it is already done by it. Currently, BNB is traded at $581. Don't need to think it is overpriced. Think about its nature. I think it is still in a dip though the price is high now. I will keep updating it after next pump.

At current levels, BNB do looks overpriced. How can you justify it's current market cap of $90 billion, when Coinbase is having a valuation of $64 billion? Binance may be having a larger number of active users and trade volume, but Coinbase is having a larger share of users from the North American market. Either BNB is overpriced, or Coinbase is undervalued. At this point, I don't think that it will be a good idea to make investment with BNB.

[Kitaiev]

Bnb coin grows well after the announcement of a new launchpad or IEO. So it's a good idea to buy when the price has dropped on the correction and sell after the event.

[onecall123]

Today, BNB is slowly recovering. Just need a push for BITCOIN then it will also go to up again. Btc is retesting, we may expect a pump soon.

Like I said yesterday, if Bitcoin price gets some push, BNB will show it's power again. And it is already done by it. Currently, BNB is traded at $581. Don't need to think it is overpriced. Think about its nature. I think it is still in a dip though the price is high now. I will keep updating it after next pump.

Better, let the market decide whether BNB is overpriced or not. I'm really overwhelmed the performance of BNB, the way got back it position. BNB is exchanging more than $600 range, I don't have a clue when however I unquestionably trust it will arrive at $1K soon. Coming burning events, and consistently increasing demand make all the impossible things happen. Just keep watching.

[coinbitrade]

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,

True, the security is clear when investing in BNB, and the benefits are always there even though it is in corrective conditions, because some people always take advantage of corrections to buy BNB in large quantities, this indicates that BNB tokens are still very much interested now.

I think that now is not the best time to buy bnb, you need to see what will happen to the market now before entering it so expensively.

[N2CoinOfficial]

BNB will return good profit but it takes time, start invest on BNB and hold the coin, surely it will bring good profit.

[daenarys_stormborn]

BNB is a very good coin for long and short term investments, because of its advantage, namely cheap gas fees, the more people are moving from ETH to BNB, therefore BNB still has high potential to continue to rise.

[Dexion]

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.

The competition between BNB and ETH is getting tighter, now the BNB hype has spread and lured investors to turn to ETH, unexpected start with BNB suddenly pumping this high, if ETH is still slow to deal with its transaction costs, the threat from BNB will be more real.

[agustina2]

BNB at its current price is a good entry level. But if you are willing to wait for more dip, then up to you.

BNB is projected to reached a $1,000 this year. There are lots of reasons to believed on that. Binance is getting more attention right now and it's growing day by day. What are you waiting for? Put BNB on your portfolio and you won't regret.

[awakpane]

In my opinion, it is very profitable if you re-invest in BNB, even now the price movement of BNB is very significant where the price of BNB is experiencing a new ATH. I am sure that the price of BNB will continue to increase, therefore it is better for you to buy BNB again, even though it is a little late, but believe that the BNB price will go up again and print new ATH.

[geegaw]

BNB is a very good coin for long and short term investments, because of its advantage, namely cheap gas fees, the more people are moving from ETH to BNB, therefore BNB still has high potential to continue to rise.

Competitive cost is indeed a bright spot but I look further into the value of the team, their rules are always very simple, always as optimal as possible and create activities for users to participate, no denying it is sometimes just a trend and an exaggeration but still appreciate this strong interaction when quite a lot of people in the community are still very happy and making money, commercial value and advertising are located here. However, in order to best invest in BNB, capitalizing on bitcoin's weaknesses and changes, they will allow us to accumulate more BNB than we expected.

[MadeMen]

The cryptocurrency industry is basically risky and one could earn from the industry by taking risks. Bnb has experienced a substantial increase in value, but that doesn't mean that it won't continue on the uptrend. The bull run is still around the corner and with the commitment and continuous development of binance project, the value of bnb would still increase in value.

[seleme]

In my opinion, it is very profitable if you re-invest in BNB, even now the price movement of BNB is very significant where the price of BNB is experiencing a new ATH. I am sure that the price of BNB will continue to increase, therefore it is better for you to buy BNB again, even though it is a little late, but believe that the BNB price will go up again and print new ATH.

BNB coin is one of the best currencies and it is an absolutely good choice for earning money in the future. As you mentioned no doubt BNB will start increasing again in the near future. You can see that people are more interested in BNB investing. Overall top altcoins are great for long-term investing, which means if you can be enough patient you can earn from BNB. Since the beginning of this year, BNB has also made the best result like other currencies. It seems BNB is better than ETH nowadays, due to the high transaction fee of ETH people prefer investing in BNB.

[imran101]

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.

Your mistake was a big mistake. But now it is better not to invest in bnb in the current situation. Because its price is now at the highest level. You can buy again at any time when the market situation is bad and its price will definitely come down a lot

[Alohadanc3]

For last few months bnb price achived many milestones. So price is very high from where it was in 3-4 months ago. But bnb as a project is really good. If you go for long-term investment then you can invest in bnb. I can give profit in short term investment. I always had of bnb for long term. And it's kind of good investment for me.

[Swopon]

Today, BNB is slowly recovering. Just need a push for BITCOIN then it will also go to up again. Btc is retesting, we may expect a pump soon.

Like I said yesterday, if Bitcoin price gets some push, BNB will show it's power again. And it is already done by it. Currently, BNB is traded at $581. Don't need to think it is overpriced. Think about its nature. I think it is still in a dip though the price is high now. I will keep updating it after next pump.

At current levels, BNB do looks overpriced. How can you justify it's current market cap of $90 billion, when Coinbase is having a valuation of $64 billion? Binance may be having a larger number of active users and trade volume, but Coinbase is having a larger share of users from the North American market. Either BNB is overpriced, or Coinbase is undervalued. At this point, I don't think that it will be a good idea to make investment with BNB.

When BNB was at $20, people said it was overpriced and now it is traded at $500+ and people are saying it is overpriced. So, the demand makes it more powerful and getting strong position day by day. I already mentioned those in previous messages in this tread.

I am thinking something strange which means if Btc again touch news ATH or it cross $55k+ then BNB will make another history as I believe it. The rest will be decided by the market value and demand. In this time, BNB is also fighting wherever other altcoins are getting down.

[onecall123]

When BNB was at $20, people said it was overpriced and now it is traded at $500+ and people are saying it is overpriced. So, the demand makes it more powerful and getting strong position day by day.

It's unfortunate that I'm studying this coin lately, I can remember I noticed BNB under $10 but due to my financial crisis could manage to purchase. Lately, but I bite on BNB 1 month previous around $300 each. Keep reporting overpriced which is obvious some people attitude towards the market and we can't change it.

I am thinking something strange which means if Btc again touch news ATH or it cross $55k+ then BNB will make another history as I believe it. The rest will be decided by the market value and demand.

Right. Presently, because of the volatility in the market BNB price has been in dip however the circumstance could change whenever BTC market back into the game.