Is it safe to invest in BNB now?

[no-ice-please]

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 left crypto too soon, because crypto prices will increase again in September until the last of the year. It's time to collect large amounts of crypto and hold it until the last of the year.

When I have learned one thing in crypto, sorry, but it is to never listen to people who think they know quite specific dates at which the market will move in a certain direction. What do you base your conclusions on? History? Or do you have secret information others don't have?

[1714595878]

1714595878

[Valak]

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.

Coin prices in the market today are very worrying, but I believe the market will recover in the next few months. Because Bitcoin will be pumped again at the end of the year, so altcoins also have the same potential. So you don't have to leave the crypto market too soon. Buy and hold until the end of the year.

[LordMiguel]

i will suggest you do that Now. BNB will definitely reach 1000usd in the next bull run. just like it is when no one paid attention, we will wake up to a bnb price of 1000usd. it is not a big deal but i think it will happen sooner or later. we will see the magic of cz. although countries are bitting the binance platform very hard on fiat to crypto transaction. we will still see binance pull tru.

[reza7777]

If previously you benefited from the previous strategy then do it continuously but for now the market is a little chaotic so it's better to wait patiently, because there will definitely be another decline

[Oilacris]

If previously you benefited from the previous strategy then do it continuously but for now the market is a little chaotic so it's better to wait patiently, because there will definitely be another decline

I do still have hopes for BNB to go to the moon.

https://cryptobriefing.com/binance-burns-390m-in-bnb-implying-2b-q2-profits/
https://nairametrics.com/2021/07/19/binance-makes-2-billion-in-q2-as-they-burn-400-million-worth-of-bnb/

Nothing is assured but you can presume that this burning would be a great factor for potential increase if the demand of company would rise up.

[nhaila]

Binance coin price today below $260 that very much appropriate time for buying but I am on losses because I already bought Binance coin at $326 per Binance coin.

[mksundip]

it is very safe to invest in BNB.  because we know the price of BNB now has decreased by almost 50% from the bull run.  maybe BNB can experience a potential increase to rise again to the 50% position in the near future

[no-ice-please]

When I have learned one thing in crypto, sorry, but it is to never listen to people who think they know quite specific dates at which the market will move in a certain direction. What do you base your conclusions on? History? Or do you have secret information others don't have?

Who do you ask? because I say it is not based on history or confidential information, because I am also not a fortune teller in the crypto space, I'm just saying this because I am more optimistic about the crypto market and also have too much faith in cryptocurrencies

The problem I have with your statement is that you put it in a way that it is 100% guaranteed crypto will go up in September. Hell who knows when it goes up or down, nobody knows! The only ones who know maybe those who can either pump or dump the WHOLE market or at least Bitcoin. That's at best the exchanges, and I suppose only if they cooperate.

[Pelana vreo]

For now the market capitalization of BNB coin is still ranked 4th coinmarketcup and I think it is safe to invest in BNB after seeing the development of technology and platform partners who always support the BSC platform every month, but there is no guarantee of profit when we invest because all crypto investments are risky and have fluctuating prices

[kotajikikox]

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.

You have sold too early mate and that is not the best way to deal with this. Binance had reached the peak at 690$ meaning you lost your chance in profiting more than 100% of that selling price of yours.

Binance coin price today below $260 that very much appropriate time for buying but I am on losses because I already bought Binance coin at $326 per Binance coin.

You will never lose as long as you will hold that coin so Just keep the holding and the coin will remain intact .

[liqidoxgen]

Binance coin price today below $260 that very much appropriate time for buying but I am on losses because I already bought Binance coin at $326 per Binance coin.

In 2017, I bought Ether for $ 350, which was very expensive at the time. I hardly regret today that I did it then. This also applies to the BNB. Today's price for buying BNB is not critical for such a serious token.

[LGD2Business]

Yes of course but this time is very crucial for everyone. Before investment think twice . Bnb has a great future like next etherum . This is a great time to buy bnb and hodl for a long time

Are you sure it's a good time to buy BNB to hold for long term? I think we should wait for lower price, maybe under 100 bucks would be a good entry point.
There is no need to hurry, BNB won't make it double overnight. Patience is key if you think about long term investment. 286 dollar today look cheap for you but expensive tomorrow.

[Questat]

I guess this is the best time to invest in BNB because of the current market conditions. You will buy at a cheap price that will yield great profits in the future. Binance coin has all it takes to rise soon, as it is the native token of the finance chain.

There's no doubt you'll get a cheap price now, but, if you aim to get a cheaper price, then I guess you should keep waiting as there's a chance that bitcoin will dip and BNB will follow. For me, BNB could drop below $100 and bitcoin could drop below $20k, that should be the best price to accumulate for bigger future profits.

[livingfree]

Binance coin price today below $260 that very much appropriate time for buying but I am on losses because I already bought Binance coin at $326 per Binance coin.

That's okay.

Because Binance coin will eventually recover while we see bitcoin recovers. Why I am saying that is because that's the usual thing that happens.

Whenever we see bitcoin recovers, alts like BNB also having the same trend.

[leetcoiner]

Personally, I am very attracted by the current price of BNB, but on the other hand, it seems to me that the previous price may well be a significantly overvalued price, which means that even now the market can still be overvalued.
I believe that the bear market will continue for some more time, which means that in the future there will probably be even more attractive prices for BNB.

[no-ice-please]

Yes, Investing in BNB is safe as it already proves a lot of things to us, it has so many partnered tokens so your BNB is safe, and expect that it will increase its price in the future. The proce of BNB is still cheap as of this day so I advise you to buy more and hodl it as long as you can it would be better in a long term.

I guess this is the best time to invest in BNB because of the current market conditions. You will buy at a cheap price that will yield great profits in the future. Binance coin has all it takes to rise soon, as it is the native token of the finance chain.

That's true, always remember to buy at low and sell at high, that is the basic knowledge you should have in crypto

If the investment was "safe", how does the investment justify a return then? Doesn't the theory of risk-reward also apply here? I learned that when you have a safe investment in the literal sense, there is nothing to be expected (or very little) in terms of ROI. I believe that rule still counts.

[andytherbg]

right now the government all around the world are closing down on binance i think crypto dot com might be a good pick because they are legal and comply with the government

[smartaction]

At one time the price of BNB rose above $700. But now it has dropped below $300. So now you should invest in bnb. Because if a few launchpad are held again in Binance Exchange, its price will increase a lot again

[JillianTaft]

BNB is the currency that I have been paying attention to. In 2019, I have always been optimistic about its long-term development potential. Generally, investors are not in a hurry to invest when the price is low, thinking that there is still a chance, or thinking that it will go down before buying. But once the price starts, just like the sudden price increase of BNB, everyone will regret not buying it earlier. It is recommended that long-term investors, if the ability to withstand losses is weak, can stop fixed investment after a period of time. The chances of making money in the future are much greater.

[campusnet]

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 investing in BNB is very good and of course it can provide a lot of profit because in terms of binance supply and very high developments make demand higher and will make it more difficult to get BNB so if you buy BNB then it is a very smart choice.

will the current momentum be right to buy BNB in long-term investment?
I mean we know BNB is a potential future asset. but to determine when we enter to buy in the current time is it profitable or should we wait again?
because market conditions may continue to rise or may soon be in a correction. how do we deal with it all?