Is it safe to invest in BNB now?

[john1010]

In my point of view, yes BNB today is wide aray of use specially in partnership with Cakeckeswap and other NFT platform. BInance Coin is also a future coin, we will see that it will surpass the current price and it will climb to 1k$ higher this year.

[Lizzylove1]

Before investing in any project for long term, just consider the innovation the team bring and the complex problem the project is currently solving short term and long term and the look at their competitor and how scalable they are. BNB is solving the problem ETH is trying to solve, however many say BNB is highly centralized. Until ETH resolve the issue of TPS and drop down fee, BNB may just flip ETH in price.

[nicecrypto]

Before investing in any project for long term, just consider the innovation the team bring and the complex problem the project is currently solving short term and long term and the look at their competitor and how scalable they are. BNB is solving the problem ETH is trying to solve, however many say BNB is highly centralized. Until ETH resolve the issue of TPS and drop down fee, BNB may just flip ETH in price.

It might take some time but well on its way. I believe that BNB has always been a good investment but many might not have seen this until this last BOOM back some months ago and I like the quick way BNB recovers from correction any time it happens and probably faster than most alts in that case.

[llecrf]

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

I ever thought so, but have you ever thought that the price didn't go down because the Bullish market was still going on?
I always buy and sell BNB according to the target I want, when Burn coins are done by CZ, the price of BNB quickly goes up and when the price is $600 I have sold it and came back to buy at $500

[gaston castano]

if you benefit from BNB with the buy back method, then in my opinion this method is still suitable for you to use because the bull run conditions still persist, but you must always update information about cryptocurrency to quickly take action when the bull run ends.

according to the predictions of many people the bull run will continue into the next year but it is accompanied by each correction for a while and then going up to a higher level.
so it will be safe to buy now even though the price is already very high, even if it goes down it is only briefly and will go up again.

[desticy]

One of the basic concepts in the stock market/crypto market is to buy at red, sell at green. As we see the market right now, it is in the bull run, so a high percentage of the currency is at green. So for me, investing or buying coins right now is not a wise and good decision since most of them are increasing their price. This is the time for the hodlers not investors, buying coins right now will lead you to either coming back your capital with no profit or worse, losing the money.

Nevertheless, it all depends on what goals you set for yourself. For example, many were selling bitcoin at 25,000, the whole market was green. As a result, the price rose even higher and then even higher and then even higher. Someone was selling at the level of 50,000, the price was green again, but now it costs almost 65,000. Therefore, it is difficult to unambiguously apply your words to the market; you should always look at the situation.

[matchi2011]

if you benefit from BNB with the buy back method, then in my opinion this method is still suitable for you to use because the bull run conditions still persist, but you must always update information about cryptocurrency to quickly take action when the bull run ends.

according to the predictions of many people the bull run will continue into the next year but it is accompanied by each correction for a while and then going up to a higher level.
so it will be safe to buy now even though the price is already very high, even if it goes down it is only briefly and will go up again.

For long term investment BNB is one of those gems that you can keep, there are lots of factors that this coin will grow more,
hypes of BSC brings more investors and developers in the table.

If you have good amount of spare money you can take this coin as your long term asset. Just need to go deeper and analyze
your target, long term goal is probably the best fit for this project.

[Koro-Sensei]

I believe it is. There are so many upcoming events happening in BNB right now, example is the launch of their NFT Marketplace. Another one is their buybacks and for sure , it will go up more soon. Just go for long term investment in it and it will surely repay you with good returns.

[kidbounty]

if you benefit from BNB with the buy back method, then in my opinion this method is still suitable for you to use because the bull run conditions still persist, but you must always update information about cryptocurrency to quickly take action when the bull run ends.

according to the predictions of many people the bull run will continue into the next year but it is accompanied by each correction for a while and then going up to a higher level.
so it will be safe to buy now even though the price is already very high, even if it goes down it is only briefly and will go up again.

For long term investment BNB is one of those gems that you can keep, there are lots of factors that this coin will grow more,
hypes of BSC brings more investors and developers in the table.

If you have good amount of spare money you can take this coin as your long term asset. Just need to go deeper and analyze
your target, long term goal is probably the best fit for this project.

You're right, BNB is a long term investment. bsc is giving new hype to the crypto market. smart chain is a solution for new projects, because ethereum is no longer a friendly platform. investing in the bnb is the right choice. In the future BNB will become one of the most valuable altcoins. I'm sure this coin will follow in ethereum's footsteps, so it's not impossible if the price is 1000 $ later.

[Yamifoud]

if you benefit from BNB with the buy back method, then in my opinion this method is still suitable for you to use because the bull run conditions still persist, but you must always update information about cryptocurrency to quickly take action when the bull run ends.

according to the predictions of many people the bull run will continue into the next year but it is accompanied by each correction for a while and then going up to a higher level.
so it will be safe to buy now even though the price is already very high, even if it goes down it is only briefly and will go up again.

For long term investment BNB is one of those gems that you can keep, there are lots of factors that this coin will grow more,
hypes of BSC brings more investors and developers in the table.

If you have good amount of spare money you can take this coin as your long term asset. Just need to go deeper and analyze
your target, long term goal is probably the best fit for this project.

You're right, BNB is a long term investment. bsc is giving new hype to the crypto market. smart chain is a solution for new projects, because ethereum is no longer a friendly platform. investing in the bnb is the right choice. In the future BNB will become one of the most valuable altcoins. I'm sure this coin will follow in ethereum's footsteps, so it's not impossible if the price is 1000 $ later.

ETH will be able to release their upgrade which we called ETH 2.0, unfortunately, they keep delaying it, probably they are trying to master it and Vitalik is spending a lot of time on it, however, they didn't realize that people will also be tired of waiting and BNB just came into the picture to save them.

It will be the battle of BNB and ETH in the future, who will be the king of altcoins.

[arifteguhr]

Still hold bnb. I bought BNB from $ 100- $ 300 and it's still holding today. Transactions at BSC are high and investor interest in BNB is quite high, making many people interested enough to hold onto BNB. Those with HOLD BNB can join the staking program which is always successful. and it made people believe in BNB. For the current price, my advice is to buy gradually

[Swopon]

Look, BNB already crossed the resistance above $600 and staying above that resistance. Obviously, it is now ready to go higher upwards for moving in a better positioning. I am expecting it will hit $700+ in a very short term if Btc moving strongly. It's still looking bullish.

[revilo]

In my opinion, BNB is very safe to invest in, not only safe, but I think BNB has become an important part of the crypto world, and BNB still has great potential to grow and rise more than this, maybe even be able to shift ETH's position someday.

Would you recommend your grandpa and grandma to put all the money they have into BNB? That's what I understand when an investment is VERY safe. I don't understand how this can be said as if there was no risk involved. There is risk involved and yes it is a good investment opportunity, but nothing else.
Would I put my money into BNB? Yes I would put my money into BNB but I don't consider it very safe. I consider it promising.

[Princejebs]

Bnb has good fundamentals, hence there is room for growth. The utility and product is in increasing every day, I think the future is bright for bnb.
However, if you are investing in bnb right now, I will advice (not a financial advice) you to go for long term, otherwise short term gains wouldn't give you return in investment. For example, if you buy a bnb at $600, it has to reach $1200 before you can make an X on your investment. I hope you consider this factor before you make moves

[oleg17]

I believe it is. There are so many upcoming events happening in BNB right now, example is the launch of their NFT Marketplace. Another one is their buybacks and for sure , it will go up more soon. Just go for long term investment in it and it will surely repay you with good returns.

Binance today sets the trend for the entire crypto industry. Therefore, it is worth looking into buying his coin. I keep a couple of coins in my wallet ...

[mace15]

If you happen to buy back at the time you posted this, you are in profit now. Many users in binance network because of the fees and they have many events just like the burning supply and the nft marketplace. I'm longed into bnb and I'm not selling until it hit my goal price. Investing in bnb is a wise decision these days.

[Bilgent]

We can't know exactly when it is safe to invest into BNB. But for the ones who are planning to HODL their BNB, I believe it is still okay to buy. Because I think we will see the price reaching thousands of dollars in the future.

[lalabotax]

Is it safe to invest in BNB now?

When BNB price was still $200, there is "Is it safe to invest in BNB now?"
When the price hits $300, there is the question "Is it safe to invest in BNB now?"
When the price is around $400, asking again "Is it safe to invest in BNB now?"
When the price $600, there is also still "Is it safe to invest in BNB now?"

Just ask for similar questions every time the pump of BNB and we will be left by others.
This is about bravery, readiness, and more about management control of the emotion, risks, and money.

[Luqman]

We can't know exactly when it is safe to invest into BNB.

Yes, purely depends on the person who wants to invest/buy it. Choose the right time to buy and make an achievable target in the near future. Because it is in the bullish season, I think it is better to invest in the short term only. Buy BNB this week, then plan to sell after the next few weeks. But this way doesn't guarantee safety, it always has risks.

[fulcare]

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.

Risk but profitable too. BNB is unpredictable and people are always saying it is overpriced. I just heard it whenever it was $20 and still the price is $500+ which was $600+ in the last week and till now hearing it is overpriced from many people around me. Position is good now before they are starting another project and another burning segment.

That's how it should be. If you are eager to taking a risk there should be a reward in it for you. BNB is a good investment I think. I like the exchange a lot and use it almost exclusively.

They are the best in the best in the market.