Is it safe to invest in BNB now?

[Iceblast]

Over the last month I have invested in BNB and it's amazing that I made a profit of 30% on my purchase price. In addition, low fees are an advantage of BNB. Now there is no need to doubt that BNB is one of the best coins and is worth investing in

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[Cadaver20]

BNB coin is one of the most potential coin. It is very safe to invest in BNB coin. Currently all coins have a red signal and it is time to buy BNB coin. BNB coin is now < $500. Once the market correction is done, it will pump again and reach a new height.

[tobi4255]

Nothing is safe for invest. You can minimize the risk to analysis the project and use case of coin.
Invest in BNB now not a bad idea if you are planning to hold it for long time

[Republikcoin.com]

This is still a safe point for BNB to buy, you can enter at a price of less than $ 700, which I can really assure you in the future, at least in less than 12 months the price of this BNB has the potential to touch $ 1000. BNB use cases are increasing and people are increasingly interested in using the BSC network. This increasing demand makes the BSC network fatter, which indirectly means that the current ETH network is still relatively weak to fight against BSC.

We all know that ETH and BNB are almost similar platforms to use, but have very different policies. You will find Binance burning coins which will cause the total supply to decrease, which is a moment like this that you will not find on Ethereum.

Come on to be realistic

[H1N1]

Nothing is safe for invest. You can minimize the risk to analysis the project and use case of coin.
Invest in BNB now not a bad idea if you are planning to hold it for long time

Yeah, there is always risk when investing on something, usually the bigger the risk, the bigger the gain.
BNB is a good coin, the coin is getting burned every quarter which can make the coin price more valuable.
I would say it is safe to hold BNB coin for long time because the supply of the coin will be reduced with the burns over time.

[Midy]

Just apply the same way you have ever done to collect profits from investing in BNB, but looking at the dumping market conditions, I am afraid that later you will not make a profit but vice versa, because the last few days traders panicked selling rather than buying.

[Kitaiev]

I like the bnb coin like many people here but I think that at the present moment it is very much overvalued.
Lately, I often trade on the bnb / busd pair. My strategy is simple sell at 600$ buy at 500$.
Twice I managed to do a full cycle of selling and buying.
For part of the money I buy ecosystem tokens and transfer part to fiat.

[amihada]

everyone likes BNB coins including me even though the price of BNB COIN is on the rise but I still buy BNB coins because I am sure the price of BNB will definitely be more expensive in the future and I think BNB coins are very good to be stored for a long time.

[noormcs5]

I like the bnb coin like many people here but I think that at the present moment it is very much overvalued.
Lately, I often trade on the bnb / busd pair. My strategy is simple sell at 600$ buy at 500$.
Twice I managed to do a full cycle of selling and buying.
For part of the money I buy ecosystem tokens and transfer part to fiat.

If the bitcoin price remain stable and above 53500$, for sure Bnb will hit 600 dollars. The current price of BNB is around 530$. So for every BNB you can earn 60$, when it hits 600$. This is one of the safest investment because there is no chance of BNB to dump significantly.
I am expecting BNB to reach 1000$ in this bull cycle.

[triat]

I like the bnb coin like many people here but I think that at the present moment it is very much overvalued.
Lately, I often trade on the bnb / busd pair. My strategy is simple sell at 600$ buy at 500$.
Twice I managed to do a full cycle of selling and buying.
For part of the money I buy ecosystem tokens and transfer part to fiat.

good strategy. Now I don't think it's a good idea to invest in bnb. the commission in Eth will now do its job and people will start moving back to eth, which in turn will reduce the demand for bnb

[Eureka_07]

I like the bnb coin like many people here but I think that at the present moment it is very much overvalued.
Lately, I often trade on the bnb / busd pair. My strategy is simple sell at 600$ buy at 500$.
Twice I managed to do a full cycle of selling and buying.
For part of the money I buy ecosystem tokens and transfer part to fiat.

If the bitcoin price remain stable and above 53500$, for sure Bnb will hit 600 dollars. The current price of BNB is around 530$. So for every BNB you can earn 60$, when it hits 600$. This is one of the safest investment because there is no chance of BNB to dump significantly.
I am expecting BNB to reach 1000$ in this bull cycle.

I thought before that BNB was overpriced and shouldn't hit $500 or more. But then I realized that it is not. For me BNB, right at this moment is one of the useful coin we can have. I'll invest some % of my income here. Even so, I have the do not expect BNB to reach a thousand dollar this bull cycle. Probably just around 800.
Just my opinion.

[Ureung jameun]

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.

My advice is that if you are trading short term then you better buy it back. because BNB is an altcoin that has a large volume in various markets, so its movement is fairly fast. however if you want to trade long term then you better look for other altcoins that do not have a bigger risk and have the potential to increase in the future.

[Congyang]

i follow several signal groups, they say the BNB price is still able to go down due to crypto correction effect. so for BNB investments it would be better to buy BNB when prices are low and wait for high prices. this is very safe for BNB profitable in the future and you can try to get bigger profits.

[naikturun]

it is always safe to buy BNB even though the price will go down but in the long run the price will go up again, yesterday BNB reached at 630 $ when the red market fell to 430 $ and now it has gone up to 532 $
bnb will be the same as ETH so in my opinion it is still safe to invest in bnb

[aTriz]

BNB coin is one of the most potential coin. It is very safe to invest in BNB coin. Currently all coins have a red signal and it is time to buy BNB coin. BNB coin is now < $500. Once the market correction is done, it will pump again and reach a new height.

how are you so sure about that? mate i don't think it is wise to give such financial advices like that. it is world of crypto and we always need to play safe.. BNB has potential but anything can happen. what if it crash again. will you take responsiblity for your statement? will you recover lose of people who buy after your strong and to the point advice?

i just think everyone should play safe and do your own research and take their own risks. crypto is very volatile.

[blue_nexus15]

bnb will be the same as ETH so in my opinion it is still safe to invest in bnb

The main difference is that CZ burned millions of BNB eager to drive up the price but except for its latest ATH level at $ 630. And go down freely with the gravity of bitcoin. While ETH continues to show steadiness and very strong upside potential in the near future.
Personally, I think, BNB will still run behind current ETH and ETH as a huge magnet, it is attracting all the eyes of the world.

Yes, BNB will be safe but the real return will still lie in ETH.

[shogun47]

Is it safe to invest in anything ever? Is it safe to invest in US treasury bonds? What if the whole US economy crashes because of inflation? Was it safe?

Is it safe to invest in gold because gold is also needed for industrial purposes, hence gold demand is driven by demand from the real production economy?

It is never safe in the sense that there is a guaranteed acceptable payout.

[revilo]

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.

My advice is that if you are trading short term then you better buy it back. because BNB is an altcoin that has a large volume in various markets, so its movement is fairly fast. however if you want to trade long term then you better look for other altcoins that do not have a bigger risk and have the potential to increase in the future.

How does that make sense? You are literally saying that BNB is no good long term investment? BNB is probably among the top three alt coins out there with the highest growth potential. Solid team, solid funding, solid ideas and more.

[ringgo96]

I'm still waiting for the BNB price below 300 $ to get a low price. but now it has made hold purchases for trading. At the current price, long-term investment is still expensive for my calculation because BNB has increased so fast. and we can see BNB correction now. so it's better to be patient to get a lower price. However, most of the people say that currently BNB prices are still relatively cheap

[finaleshot2016]

Just go buy at the dip, there's a strong support in 400+ usd, go buy the dip and hodl.

If you have noticed the chart pattern, it's another triangular pattern, might breakout soon.

Check this. https://www.tradingview.com/chart/BNBUSDT/KZnHxGLH-BNB-Break-Out-New-ATH-soon/