Is it safe to invest in BNB now?

[infer]

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.

[shogun47]

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.

[MrcMrc]

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.

[junkerr]

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]

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.

[Becky666]

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.   

[onecall123]

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.

[Benefactor]

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.

[irixo10]

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]

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]

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]

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.

[rahmatullah9305]

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]

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]

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]

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]

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]

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]

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]

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.