Bitcoin Forum
May 04, 2024, 10:25:37 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 »  All
  Print  
Author Topic: Is it safe to invest in BNB now?  (Read 8028 times)
infer
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
May 01, 2021, 12:22:56 PM
 #301

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.
I think the BNB price will continue to rise again, maybe it will hit $300. Don't hesitate, if you've made a profit from it then go on. Observe the market and stay calm
If you sell it now, and in the future it will rise further, then the question will continue to be asked. Is BNB investment safe?
We're in the bullish season so keep them.





        ▄▄█████████▄▄
     ▄███▀▀       ▀▀███▄
   ▄██▀               ▀██▄
  ██▀ ▄▄             ▄▄ ▀██
 ██▀  ▐██████▄ ▄██████▌  ▀██
██▀    ██  ███ ███  ██    ▀██
██      █▄ ▐██ ██▌ ▄█      ██
██▄      ▀ ▐██ ██▌ ▀      ▄██
 ██▄        ██ ██        ▄██
  ██▄        ███        ▄██
   ▀██▄              ▄██▀
     ▀███▄▄       ▄▄███▀
        ▀▀█████████▀▀
.
▄▄▄▄▄▄▄▄▄▄      ██                                         
██████████  ▄▄  ██▄▄▄▄▄▄  ▄▄  ▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄  ██▄     
██          ██  ████████  ██  ████████  █████████  ████▄   
██          ██  ██        ██     ▄▄██▀  ██   ▄██▀  ██ ▀██▄ 
██          ██  ██        ██  ▄██▀▀     ██▄██▀▀    ██   ▀██▄
██████████  ██  ████████  ██  ████████  █████████  ██     ██
▀▀▀▀▀▀▀▀▀▀  ▀▀  ▀▀▀▀▀▀▀▀  ▀▀  ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀  ▀▀     ▀▀

Finance




           ▄█▄    ▄▄▄▄▄▄███████
         ▄█████▄   ▀███████████
 █▄    ▄█████████    ██████████
 ███▄▄█████████▀   ▄██████████▌
 ████████████▀   ▄████████████
▐██████████▀   ▄█████████▀ ▀██
▐█████████▄   █████████▀     ▀
████████████▄  ▀█████▀
███████▀▀▀▀▀     ▀█▀







1714818337
Hero Member
*
Offline Offline

Posts: 1714818337

View Profile Personal Message (Offline)

Ignore
1714818337
Reply with quote  #2

1714818337
Report to moderator
1714818337
Hero Member
*
Offline Offline

Posts: 1714818337

View Profile Personal Message (Offline)

Ignore
1714818337
Reply with quote  #2

1714818337
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714818337
Hero Member
*
Offline Offline

Posts: 1714818337

View Profile Personal Message (Offline)

Ignore
1714818337
Reply with quote  #2

1714818337
Report to moderator
shogun47
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 554



View Profile
May 01, 2021, 02:51:37 PM
 #302

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.
I think the BNB price will continue to rise again, maybe it will hit $300. Don't hesitate, if you've made a profit from it then go on. Observe the market and stay calm
If you sell it now, and in the future it will rise further, then the question will continue to be asked. Is BNB investment safe?
We're in the bullish season so keep them.

The valuation of BNB is quite high right now. Maybe it's worth it, hard to tell. If you take the Coinbase valuation it seems that BNB may be overpriced, but look at how dominant BNB really is. It is inconceivable how far they are away from even their most serious competitors.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
MrcMrc
Member
**
Offline Offline

Activity: 518
Merit: 45


View Profile
May 01, 2021, 03:18:44 PM
 #303

Well, compared to the time this thread was started it was a little early and the price of BNB was still low. But if you will ask me BNB at the present price is high to buy in now, it always better to buy low and sell high and always follow the market trend.

██   ██████████████         1xBit.com     |     BENEFIT SEASON          ██████████████  ██
7 B T C   W E L C O M E   B O N U S
██                       P L A Y   N O W                       ██
junkerr
Full Member
***
Offline Offline

Activity: 1022
Merit: 100


Meta4uStake.io


View Profile
May 01, 2021, 03:24:03 PM
 #304


The valuation of BNB is quite high right now. Maybe it's worth it, hard to tell. If you take the Coinbase valuation it seems that BNB may be overpriced, but look at how dominant BNB really is. It is inconceivable how far they are away from even their most serious competitors.
Currently, we have seen BNB become very expensive with the increase that has occurred this year.
buy it now is of course risky. but what is happening today with us seeing what BNB can do with binance which continues to innovate, I think buying now for the long term is still very safe.

blckhawk
Sr. Member
****
Offline Offline

Activity: 1498
Merit: 327


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 01, 2021, 03:39:43 PM
 #305

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.
I think the BNB price will continue to rise again, maybe it will hit $300. Don't hesitate, if you've made a profit from it then go on. Observe the market and stay calm
If you sell it now, and in the future it will rise further, then the question will continue to be asked. Is BNB investment safe?
We're in the bullish season so keep them.
BNB was a good coin so there's no doubt it is good to invest however, the price is quite high right now but if can afford to take the risk, and if it goes into your favor then that would be a good profit or you could wait till the correction before to buy. BNB is quite popular with investors due to cheaper fees unlike does ETH network has that is why it is preferable to use by most of us. This coin has a lot more room to grow yet the bull cycle was not yet over so there possibility that it will grow even more.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Becky666
Full Member
***
Offline Offline

Activity: 756
Merit: 231



View Profile WWW
May 01, 2021, 03:51:57 PM
 #306

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.
This is the beauty of cryptocurrencies, do your personal research to me is better than accepting chorus answers. Imagine when you made these profit and went ahead to buy back these BNB coins by now you could have be a millionaire if not mistaken, but hope you were able to take little from your profit and invest back into BNB?. Life is all about risk and those who will survive should be those that embark on this journey with risk too, taking risk is good and your ability to manage it make you strong as a survival.   

███████ ███████     R O L L B I T           The Social & Provably Fair Crypto Casino           [ PLAY NOW ]     ███████ ███████
/  SLOTS     /  GAME SHOW     /  LIVE CASINO     /  ROULETTE     /  BLACKJACK
|          Twitter          |        ♠   Instant Deposits & Withdrawals   -   Live Customer Support   -   Rakeback & Level Up Bonuses   ♠      |          Discord          |
onecall123
Sr. Member
****
Offline Offline

Activity: 2058
Merit: 323



View Profile
May 01, 2021, 04:11:49 PM
 #307

This is the beauty of cryptocurrencies, do your personal research to me is better than accepting chorus answers. Imagine when you made these profit and went ahead to buy back these BNB coins by now you could have be a millionaire if not mistaken, but hope you were able to take little from your profit and invest back into BNB?. Life is all about risk and those who will survive should be those that embark on this journey with risk too, taking risk is good and your ability to manage it make you strong as a survival.   
At the point, you share your stories you'll get a lot of opinions each individual with their perspective. You may check that out and later chose wisely. Nobody will actually want to reveal to you when is the best time to buy in or profit out. You will to do your research and decide whether you feel the coin will go up or down. Firstly, we need to decide our mentality, be a trader or just holder. Some are mostly holder but would love to do trade.

freebitcoin       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄█████
██
██
██
██
██
██
██
██
██
██
██
▀█████
.
PLAY NOW
█████▄
██
██
██
██
██
██
██
██
██
██
██
█████▀
Benefactor
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 504



View Profile
May 01, 2021, 04:41:04 PM
 #308

BNB is just getting greater because of its own savvy agreement and the sky is the limit from there and more tasks beginning to carry out it. It's an extreme call that no one but you can make dependent on your danger resilience. In the event that I have the cash, I will damn his recommendation and contribute cus I think bnb will before long be contending with eth on the second biggest cryptographic money.


       ▄▄███▄    ▄███▄▄
     ▄▀▀    █    █    ▀▀▄
    ██    ▄▄▀    ▀▄▄    ██
    ▀▄▄▄█▀▀        ▀▀█▄▄▄▀
  ▄▄█▀█▄              ▄█▀█▄▄
▄█▀     ▀▀█▄     ▄▄█▀▀     ▀█▄
██          ▀█▄▄█▀          ██
▀█▄     ▄▄▄█▀▀  ▀▀▀▄▄▄     ▄█▀
  ▀█▄▄▄▀▀            ▀▀▄▄▄█▀
   █▀▀▄▄▄            ▄▄▄▀▀█
   ██  ▀▀▀▄▄      ▄▄▀▀▀  ██
    ▀▄     █      █     ▄▀
      ▀▀▄▄▄▀      ▀▄▄▄▀▀
.
.cogwise.
  ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
.Hyper-charge your trading with intelligent insights.  ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
▄█████████████████████▄
███████████████████████
████▀███████▀   ▀▀▀▄███
███▌  ▀▀███▌       ▄███
███▀               ████
███▄              █████
████▄            ██████
█████▄▄        ▄███████
████▄       ▄██████████
███████████████████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
█████  ▄▄▄▄▄  ▄▀███████
█████  █████  ██▄▀█████
█████  █▀▀██▄▄▄▄  █████
█████  █▀▀▀▀▀▀▀█  █████

█████  █▀▀▀▀▀▀▀█  █████
█████  █▀▀▀▀▀▀▀█  █████
█████  ▀▀▀▀▀▀▀▀▀  █████
███████████████████████
▀█████████████████████▀

irixo10
Full Member
***
Offline Offline

Activity: 1078
Merit: 104


GoMeat - Digitalizing Meat Stores - ICO


View Profile
May 01, 2021, 07:47:25 PM
 #309

To be frank, asking when is the right time to enter a trade especially that of a good coin like BNB or ETH is hard to get the correct answer. In my opinion, if you are ready for long term, then don't bother swinging your trade thinking that the coin will dump so you can enter again, many people have been locked out of such trade wherein they end up buying higher. BNB has shown tremendous success since this year and it do not look like it's slowing down, especially now that NFT is becoming the next trend and Binance exchange is already making plans to get involved in a big way. So I would say, if you are not ready for long term then know when to take profit and leave the trade, but selling at a price and hoping to buy low might not happen.

Miaallen
Member
**
Offline Offline

Activity: 573
Merit: 30


View Profile
May 01, 2021, 07:49:55 PM
 #310

Investing in BNB at the time is very safe. It is even one of the safest investment at this moment. BNB now have major utility as it is the gas used for transactions on Binance Smart Chain network. And because of its low transaction fees, it is now the most used network in creating new crypto projects.
Sihab76
Full Member
***
Offline Offline

Activity: 1302
Merit: 100


View Profile
May 01, 2021, 07:50:04 PM
 #311

I think for a trader who invests in BNB is a smart choice and it will provide big profits for the future. investment in the BNB should be done on a long term basis.
Yes mate chosing to Binance smart chain plafrorm (BNB) a smart choice. I think Binance will be a good compitator of Ethereum and very near Binance coin will hit $1000.
Asuspawer09
Sr. Member
****
Offline Offline

Activity: 1652
Merit: 425


Cashback 15%


View Profile
May 01, 2021, 08:05:09 PM
 #312

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.

It's always kinds of hard to know the peak of a token and most of the investors are just cannot predict or sell at the peak price of that token, mostly only a small percentage of people are able to do that.

I guess just because the token burn boosts the price of BNB in the market, Even I miscalculated a little bit selling most of my BNB at around 400$ I know that there will be a pump because of the token burn at the end of April but the pump just went too early so I just sold at a lower price.

Still, it is fine because I still made a profit in BNB and I could easily buy it back and earn profit again when it is a dump or buy other coins for profit as well.

.
HUGE
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
rahmatullah9305
Full Member
***
Offline Offline

Activity: 983
Merit: 100



View Profile
May 01, 2021, 08:40:03 PM
 #313

I think for a trader who invests in BNB is a smart choice and it will provide big profits for the future. investment in the BNB should be done on a long term basis.
Yes, and it is all thanks to the development of BNB which is still going well so that it can be suitable for investment options in the long term, and my filing of BNB tokens will definitely be able to be at $ 1000 within this year.
revilo
Sr. Member
****
Offline Offline

Activity: 543
Merit: 250


View Profile
May 01, 2021, 09:53:14 PM
 #314

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.

It's always kinds of hard to know the peak of a token and most of the investors are just cannot predict or sell at the peak price of that token, mostly only a small percentage of people are able to do that.

I guess just because the token burn boosts the price of BNB in the market, Even I miscalculated a little bit selling most of my BNB at around 400$ I know that there will be a pump because of the token burn at the end of April but the pump just went too early so I just sold at a lower price.

Still, it is fine because I still made a profit in BNB and I could easily buy it back and earn profit again when it is a dump or buy other coins for profit as well.

You can't know the peak and you also don't know who is pumping money into the market. Are those the big players or only the retail investors who might lose steam. Nobody knows where the peak is. For BNB you could at least do some calculations and compare it to other exchange businesses from markets other than crypto.
Hannahanto
Full Member
***
Offline Offline

Activity: 826
Merit: 111



View Profile
May 01, 2021, 10:59:02 PM
 #315

The BNB is still bullish. I bought at the last dip and actually made some profit on the come-back of the market.
For fast profit or short term investment I won't advice you to invest in BNB because you might just end up making a unit profit or loss. But I'll strongly advice BNB for long term, I see BNB as the future.
Let's just take a look at ETH last year by this time it was the estimated value of BNB but today it's 2k+ USD. Imagine if you bought 10ETH at $500 you can see the profit you'll be on today.
rajakulam
Full Member
***
Offline Offline

Activity: 616
Merit: 102



View Profile
May 01, 2021, 11:09:29 PM
 #316

currently doing daily trading is still very profitable at BNB, so it would be great in this bull run you will continue to buy back at BNB, while for long-term investment I think it is currently not good, because the average altcoin price is above the peak

Muslimin mj
Member
**
Offline Offline

Activity: 568
Merit: 18

Chainjoes.com


View Profile
May 01, 2021, 11:33:37 PM
 #317

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.

I think you should stop buying BNB because I think BNB will come back down after ATH has just been achieved this year. And I think BNB is now at the highest price, so in the near future BNB will fall back down again.and this is a normal condition in trading. So I suggest looking for other altcoins that will reach new ath this year.

uray
Hero Member
*****
Offline Offline

Activity: 1400
Merit: 505


View Profile
May 01, 2021, 11:35:20 PM
 #318

currently doing daily trading is still very profitable at BNB, so it would be great in this bull run you will continue to buy back at BNB, while for long-term investment I think it is currently not good, because the average altcoin price is above the peak
If you look at the average price of any coin in the market right now everything is trading well above those valuations. BNB was at the right moment when ETH was struggling with the network congestion and their plans were not going well according to their charts and BNB was able to tap that market and hence the market rallied to this levels but i will stay away from them as the price is already inflated.
helevela
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
May 01, 2021, 11:43:01 PM
 #319

My opinions about bnb are very positive. bnb is one of the coins that gives me the most confidence in this market. used to be compared with kucoin. but kucoin did not make as much progress as bnb. bnb can rise and fall very quickly. but it gives me a feeling that the possibility of earning in investment is very high. bitcoin ethereum and bnb are my top three coins.
fosco333
Full Member
***
Offline Offline

Activity: 1260
Merit: 100



View Profile
May 02, 2021, 03:25:13 PM
 #320

Well, compared to the time this thread was started it was a little early and the price of BNB was still low. But if you will ask me BNB at the present price is high to buy in now, it always better to buy low and sell high and always follow the market trend.

Right, if OP bought BNB coin after he made this thread, then he would have a decent profit now.
For me, any time to buy BNB coin is OK because BNB is a good coin that have use cases and being burned quarterly.
It is better to buy on early time indeed, but now is not a bad time as long as we can afford to hold the coin and let the value grow more.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!