Is it safe to invest in BNB now?

[Sithara007]

There are a lot of risk factors associated with BNB. And from what we have seen with Mt.Gox in 2014 and again with Cryptopia in 2019, the issues for cryptocurrency exchanges surfaces all of a sudden. There will be no prior warnings. I know that Binance is more prepared against hackers and other criminals, but in the world of cryptocurrency nothing is 100% guaranteed. Also, we have been hearing for the last few months that the FBI is preparing a mega lawsuit against Binance (similar to how they targeted BTC-e in 2017).

[taufik0911]

I think this is the right time to invest in BNB because BNB has a huge potential to become the most popular coin plus currently BEP20 is very popular because the BNB blockchain has better fees and transaction speeds than other blockchains
I hope you don't miss this momentum to get the BNB coin which is currently experiencing a price decline

[Republikcoin.com]

I think op isn't referring about hacking or something else by saying safe. Here, safe term is using for is it right decision or not. Yes, you're right on your statement but op is looking for another answer what he needs.

But the information provided is very useful, if it is true that the FBI wants to file a lawsuit against Binance in the future, at least we have one hypothesis that caused the BNB price to drop drastically and we can also anticipate so as not to lose even more and buyback when the price is corrected
I have some BNB on Binance Exchange for the purpose of buying new coins released through Binance. It's very profitable these days to follow in the footsteps of the whales on Binance. That way, I can say BNB is safe to own.

[mianvicky1]

People have already made a lot of money by holding the BNB. BNB is a good token and it can still give a good profit like before. As soon as the new bull run  comes it will set a new record, So it is better to invest in it at this time.

[MarjorieZimmermanGinger]

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.

After analyzing that in the future the potential is good, you should buy it again, this will be a profitable investment, but if in the future the price is unstable, it should be stopped first.

Moreover, you have already made a profit on BNB, now the market is not so stable and there is a possibility that in the future the price of the coin will fall, but if you believe the price of the coin will increase in the future, then buy again.

There are many reasons for us to invest, one of which is looking for profit, if at this time we have not been able to get the maximum benefit, then we should stop for a moment.

If you have sufficient capital, I recommend investing in Bitcoin and Ethereum only, because in the future the price of these coins will be good in the market and have great potential to rise, considering the market is being dominated by them.

[lepbagong]

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.

no need to regret even if the feeling can't cover the very disappointed anxiety, remember that bnb had reached ATH $686.31 and it will be surpassed by the end of this year. when all coins will start moving up again keep the spirit there is nothing to regret buying and holding good coins like bnb.

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.

agree with your opinion, that there is no need to regret if we buy a coin with great potential, because in time the coin will exceed what we have bought. because every potential coin will always follow the movement of bitcoin where every 4 years bitcoin will reach renewable ATH and all coins will also participate. but it must be remembered that this year there will still be an increase for bitcoin which will be followed by all potential coins including bnb. you are not wrong to invest in potential coins.

[Tumanggor]

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.

rest assured, if you buy BNB at the current price then you will profit during the next bullish
BNB ATH is around $600 and its current price is half that, BNB will definitely return to its ATH price, that's for sure

I have 3 BNB which I bought at $260 a few days ago, I'm sure the price increase will continue to happen
BNB is a good choice besides BTC and ETH

[Woodie]

Markets are starting to recover, if you bought the dip good but
if you buy now you could be buying at a lower discount,  so the sooner you buy your bnb coins the better..otherwise you will get you bnb at a premium If you delay.

I see the bnb coin to have a lot of potential coming out as a project from the best crypto exchange Binance.

This coin will one day hit $5k maybe k10k because it's token burns ensure demand is kept high by reducing its total supply,  buy now while prices are low.

[terrorJR]

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

very safe? you are very confident if you say that very safely because even though the opportunity is very good for investing in bnb but to say very safe is too much because the risk is still very large when it is still in the scope of crypto.
for profit I think it is very good to store our assets in bnb because with a decrease of almost 50% from the previous ath I think bnb has the opportunity to increase rapidly because apart from the profitable burn of bnb, this coin is also very good with this record held for quite a long time.
but for the short term I think it's the same for other coins because of the uncertain market lately

[aylabadia05]

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 make a profit in March from selling all the BNB you have.
It's, like, good for you to do it again this month. If you monitor the current market conditions, there is a chance that you will profit again from BNB.

[imstillthebest]

you should stick on your old strategy because it works good for you ( the buy back , not the trading ) but It would be better if you will only buy when the price decreases and not when its in bullish mode that's what most of us are doing .
right now the value of 1 bnb is around 320 USD but it keeps on fluctuating , you can make use of this opportunity to buy low and sell high .

[Raflesia]

you should stick on your old strategy because it works good for you ( the buy back , not the trading ) but It would be better if you will only buy when the price decreases and not when its in bullish mode that's what most of us are doing .
right now the value of 1 bnb is around 320 USD but it keeps on fluctuating , you can make use of this opportunity to buy low and sell high .

BNB has a high chance for the long term I think it's okay to buy now as long as for me it is still very low for BNB only for the long term and input in the portfolio and keep it longer, the prospects are quite promising especially since many projects are under the auspices of smart contracts.

So for the short term, it's better to pay attention again. I think this is still quite high above $320, indeed it is possible to fall again but I think BNB after falling will definitely rise again.

[imstillthebest]

you should stick on your old strategy because it works good for you ( the buy back , not the trading ) but It would be better if you will only buy when the price decreases and not when its in bullish mode that's what most of us are doing .
right now the value of 1 bnb is around 320 USD but it keeps on fluctuating , you can make use of this opportunity to buy low and sell high .

BNB has a high chance for the long term I think it's okay to buy now as long as for me it is still very low for BNB only for the long term and input in the portfolio and keep it longer, the prospects are quite promising especially since many projects are under the auspices of smart contracts.

So for the short term, it's better to pay attention again. I think this is still quite high above $320, indeed it is possible to fall again but I think BNB after falling will definitely rise again.

definitely because if we follow binance and cz , they have upcoming plans for their bnb coin .
this makes the coin more demanding in the coming days tho I cant say that the coin is cheap because it started really small but the price now was cheaper than its last ath which was 600 USD . We can ignore the past but we can focus in the future  because what important is we are still going to profit.

[ScamViruS]

People have already made a lot of money by holding the BNB. BNB is a good token and it can still give a good profit like before. As soon as the new bull run  comes it will set a new record, So it is better to invest in it at this time.

Binance has been doing good development since the beginning of the journey. Binance is a perfect example of how a professional team can take a company to the top. Those who invested in bnb at the right time must have made huge profits, but there are many investors who may regret it now because they sold their bnb for a small profit.

Bnb has a lot of potential for bigger developments in the coming days, so if this coin gives a chance at a little lower, traders will definitely take advantage of that opportunity.

[Digital_Lord]

At the moment it is very risky to invest in any top coin because all coins have already pumped and touched their resistance so we should wait for BTC to stable. When BTC will stable all altcoins will automatically go up. I will buy some BNB, Ethereum, and ADA. What will be your choice must tell.

[Republikcoin.com]

At the moment it is very risky to invest in any top coin because all coins have already pumped and touched their resistance so we should wait for BTC to stable. When BTC will stable all altcoins will automatically go up. I will buy some BNB, Ethereum, and ADA. What will be your choice must tell.

BNB shows a positive trend and tends to be strong at $300. That means you won't be left behind when you enter now, because the price of BNB will continue to rise above $500 and even surpass $700.
Remember that the total supply of BNB is decreasing over time, and users are increasing all the time. Inflation will occur due to a lack of total supply, and the only way that will happen is for the price of BNB to rise to the most absurd point, perhaps $1500/BNB. Only time will tell this prediction.

[Tahid12]

Selling currency like bnb wasn’t your perfect decision but you can buy again cause bnb potentiality already rised huge and bnb is always fit in investment skill. don't fall down and believe rumours with bnb cause it is now ranked on higher class column, the priority will be bullish and so it can be called safe currency to invest. Therefore, binance still has big plan for their upcoming journey.

[aquafinewater]

Yes, this is  right time to invest  in BNB because now we have got to see dump  which is very good if we see its previous history, it has always been successful and it will be more successful in the coming days.
 Now I think it's safe for buying

[monineklutak]

It was a past post but we all know that BNB is the safest investment cause it's have own number one exchange and own blockchain. I have some investment on staking system.

Obviously, BNB is an already very strong coin with some support from outside as well as from its own side, so there's no doubt about it and even BNB hasn't had any problems in the crypto space either.

That's right it's even possible in the future BNB can bypass Ethereum,
Of course it's not an easy thing but at least BNB in the future will probably develop more than now,
so there's really nothing to doubt and it all comes back to each person's opinion about BNB

[Nazmul012]

Whatever you did, that was a part of your regular trading technic and its very common to make mistakes in trading cause no-one is perfect and i think its better to sold out your token with profile than "keep holding with losses". Obviously bnb is good coin and i believe that it could be more valuable in upcoming days. so you are always welcome to make an investment with binance coin