Is BNB is at it's peak price?

[temple]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

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[tippytoes]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

They have very good foundation so once the market is up again, they can easily increase their price. They are not just like those meme tokens or crap coins that may have short lifespan. BNB has solid business to begin with. So they can survive long in this market and since they are still considered to be the top exchange, there are so many things that they can still achieve. The BSC network is just starting to accumulate projects. I think, they will achieve a new ATH in the future, one should just keep it on their portfolio if they can hold onto it.

[chikading2016]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

They have very good foundation so once the market is up again, they can easily increase their price. They are not just like those meme tokens or crap coins that may have short lifespan. BNB has solid business to begin with. So they can survive long in this market and since they are still considered to be the top exchange, there are so many things that they can still achieve. The BSC network is just starting to accumulate projects. I think, they will achieve a new ATH in the future, one should just keep it on their portfolio if they can hold onto it.

I agree on that matter BNB is now 295 dollars so it drops a big percent of its price since the last time it reach 500$ but i know that if bitcoin rise bnb will soon also rise because BNB is very well known and it is now usable because of the high rd fee in ethereum network some traders and invetors really used binance to less the tx fee.

[newwest]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

Expecting it to be back soon, once we have some stability with bitcoin and starts to rise, BNB will be one of the tp gainers in recovery and will move upwards quickly. So just waiting now and if it drops a bit more will buy again. Such opportunity does not comes too often where you can get at a deep discount.

[mamesso]

Expecting it to be back soon, once we have some stability with bitcoin and starts to rise, BNB will be one of the tp gainers in recovery and will move upwards quickly. So just waiting now and if it drops a bit more will buy again. Such opportunity does not comes too often where you can get at a deep discount.

When market condition is a bleeding, the opportunity to get a discount is even greater. This dump that occurred at the end of May provided a great opportunity for traders to get coin at low prices. As has happened before, every price decline in the market is always decorated by a strong pump. My assumption is that the bleeding that occurs at this time will not last long, Next we will see Bitcoin and Altcoins returning to a higher price.

[Alexmagn84]

It enjoys various benefits from being the main line trade that undertakings pursue to be recorded on, it has an awesome relative benefit over numerous decision altcoins like Ethereum. Recently more IEO is beginning the trade requesting a specific measure of BNB hanging on the trade to permit financial backers support in the contribution on the trade, consequently high buy and siphon of BNB.

[Mr.Scott]

Expecting it to be back soon, once we have some stability with bitcoin and starts to rise, BNB will be one of the tp gainers in recovery and will move upwards quickly. So just waiting now and if it drops a bit more will buy again. Such opportunity does not comes too often where you can get at a deep discount.

When market condition is a bleeding, the opportunity to get a discount is even greater. This dump that occurred at the end of May provided a great opportunity for traders to get coin at low prices. As has happened before, every price decline in the market is always decorated by a strong pump. My assumption is that the bleeding that occurs at this time will not last long, Next we will see Bitcoin and Altcoins returning to a higher price.

Over 1 trillion marketcap just go away, situation is not as good to make any assumption. I bough BNB at around $290 but now it's trading below $230 and likely to below $200. I hope and believe BNB will down more so we can buy more. Lots of FUD in the air, previously I thought maximum can Dip around 280 to 290 but I was wrong.

[temple]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

They have very good foundation so once the market is up again, they can easily increase their price. They are not just like those meme tokens or crap coins that may have short lifespan. BNB has solid business to begin with. So they can survive long in this market and since they are still considered to be the top exchange, there are so many things that they can still achieve. The BSC network is just starting to accumulate projects. I think, they will achieve a new ATH in the future, one should just keep it on their portfolio if they can hold onto it.

That is beyond doubt, but I didn't think they would lose as much value at all just because they have the business backing up their token. They should have been more stable compared to other coins who don't have a business in the background.

[LUCKMCFLY]

Updated:

I can consider BNB a currency with the greatest recovery and among the winners, since it has recovered the price to more than 300usd, this gives more confidence to investors, and it is noted that the effort of the bulls is giving results, in this analysis at 4 hours it is you can observe this interesting analysis:

With Ethereum showing making inroads towards a speedy recovery, Binance Coin latched on to positive sentiment and regained the region above $300. On the 4-hour timeframe, BNB targeted a rise above its 50-SMA (yellow)- a development that could culminate into a 26% rally towards $485. An extremely bullish outcome could see gains all the way up to $542 and 200-SMA (green), although this would be a gradual increase. On the other hand, pullbacks can be countered around $300.

Source: https://ambcrypto.com/ethereum-binance-coin-bitcoin-cash-price-analysis-25-may/

I think that BNB is a currency that has increased its degree of survival, for me it is one of the safest currencies that exist, after ETH, Monero, because it represents solidity, it has a very reliable CEO who responds to all risk circumstances.

[LUCKMCFLY]

Updated:

I can consider BNB a currency with the greatest recovery and among the winners, since it has recovered the price to more than 300usd, this gives more confidence to investors, and it is noted that the effort of the bulls is giving results, in this analysis at 4 hours it is you can observe this interesting analysis:

With Ethereum showing making inroads towards a speedy recovery, Binance Coin latched on to positive sentiment and regained the region above $300. On the 4-hour timeframe, BNB targeted a rise above its 50-SMA (yellow)- a development that could culminate into a 26% rally towards $485. An extremely bullish outcome could see gains all the way up to $542 and 200-SMA (green), although this would be a gradual increase. On the other hand, pullbacks can be countered around $300.

Source: https://ambcrypto.com/ethereum-binance-coin-bitcoin-cash-price-analysis-25-may/

I think that BNB is a currency that has increased its degree of survival, for me it is one of the safest currencies that exist, after ETH, Monero, because it represents solidity, it has a very reliable CEO who responds to all risk circumstances.

BNb had a wild ride now. It went up by 300% for a good reason but it also came down for a good reason. It needs to figure out where the real price is.

Of course, now BNB has a certain buy signal, it is difficult to make a prediction that it will go up when BTC is at the prices of $ 36k- $ 37k .. If we take into account that BTC was at + $ 60k the price of BNB It had a tendency to grow rapidly, it is normal, also because of the facilities that exist due to its low fees that are super attractive for traders and casino players, however, having a market uncertainty, when seeing a market analysis for BNB by A tradingview trader shared this idea:

Also set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
OH2B TRADING INDICATOR is built for beginners to trade with a high profitability rate.

Source: https://www.tradingview.com/chart/BNBUSDT/Mbl4enzL-BNB-1H-BUY/

I found this analysis very interesting, especially for those traders who are insecure and who like to do some short-term trading.

[LUCKMCFLY]

Despite its low of almost 40% BNB has other perspectives to review, the bulls are waiting for a good bullish rally, the expected trend is bullish style, but you must wait for the price of BTC to start to rise, Although BNB rises a bit and begins to consolidate, the movement of the BTC King should be expected:

Like most altcoin markets, BNB was also seeing confusion among traders. However, this indecisiveness has led to the consolidation of BNB value close to $341. If the value remained above this level, we may see a bullish trend extend in the market. However, if the price breaches support, another drop may be on the cards for the BNB market.

Source: https://ambcrypto.com/binance-coin-price-analysis-1-june/

This analysis seems very accurate to me, it has a great measure of precision in the measurement of the price and the movement taking into account the fundamentals that we are experiencing, in the same way, if BTC continues on its good recovery path, BNB will shine even faster.

[globalpain]

I believe that BNB is likely to $1k this year no doubt. Binance smartchain’s growing demand and the exchange influence are the key factors that is pushing toward its growth. Binance is one of the fastest growing company in the space with strong support from their community and with its competent team nothing is impossible.

indeed nothing is impossible but we have to think realistically, don't be like this,
is it possible for 1 week to reach $1000? I don't think so, why? BNB is not a coin like that, this is not Doge and not any other meme coin,
BNB has progress and this progress will always increase little by little

[RbiggerG]

I believe that BNB is likely to $1k this year no doubt. Binance smartchain’s growing demand and the exchange influence are the key factors that is pushing toward its growth. Binance is one of the fastest growing company in the space with strong support from their community and with its competent team nothing is impossible.

indeed nothing is impossible but we have to think realistically, don't be like this,
is it possible for 1 week to reach $1000? I don't think so, why? BNB is not a coin like that, this is not Doge and not any other meme coin,
BNB has progress and this progress will always increase little by little

Although BNB also had its wild ride beyond doubt. It went up very quickly from $200 or so to over $600. But I know what you mean and you are right. It is not like the average pump and dump coin that goes 5x in one day and loses 7x the other day. Good news could lt it pump or good business results like a big coin burn. But usually no, it would take a little time. I do not believe it is at its peak.

[bitjoin]

I believe bnb is at it's peak price.  This was a coin that was selling for $20 to $30 range  six months ago. We saw bnb reaching it's all time high of $600 recently.  I believe bnb will not rise any further unless bitcoin rise back to it ATH and surpasses it!

BNB performance this year is very good, even though the market is currently collapsing, but BNB still has the potential to reach its ATH again. BNB movement flow still depend on bitcoin, so far still very good to have some BNB, because the price of bitcoin has not seen any signs of increasing, My assumption is that the crypto market will improve again by the end of this year.

[Roidz]

I believe bnb is at it's peak price.  This was a coin that was selling for $20 to $30 range  six months ago. We saw bnb reaching it's all time high of $600 recently.  I believe bnb will not rise any further unless bitcoin rise back to it ATH and surpasses it!

BNB performance this year is very good, even though the market is currently collapsing, but BNB still has the potential to reach its ATH again. BNB movement flow still depend on bitcoin, so far still very good to have some BNB, because the price of bitcoin has not seen any signs of increasing, My assumption is that the crypto market will improve again by the end of this year.

some time ago BNB even reached its all-time high of around $686.31, but unfortunately the bad impact of Elon Musk's tweet and also the Chinese government banning crypto resulted in a massive price drop for altcoins including BNB and this also affected the BNB volatility  is happening in the crypto market, Even though the BNB price is experiencing a strong shock, it looks like a BNB recovery is imminent, considering Binance is one of the largest trading platforms in the world today and we all know that the Binance platform continues to grow rapidly and this will encourage strengthening of the price of BNB in ​​the market, especially if Binance regularly burns BNB so that it will again increase the volatility of BNB in ​​the market later.

[ven7net]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

As you may have already noticed, cryptocurrency prices rise and fall. As far as BNB is concerned, it all depends on what you want to get out of this cryptocurrency. If you want to get the maximum profit, then you need to wait for the main pump of the BNB price and with a high degree of probability it may be in the second half of 2021. If you want to make money on BNB more often, then you need to trade BNB on crypto exchanges, but for this you need to guess the price behavior in order to know when to buy and when to sell. Personally, I just hold my BNBs down to the main pump at the moment.

[RbiggerG]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

As you may have already noticed, cryptocurrency prices rise and fall. As far as BNB is concerned, it all depends on what you want to get out of this cryptocurrency. If you want to get the maximum profit, then you need to wait for the main pump of the BNB price and with a high degree of probability it may be in the second half of 2021. If you want to make money on BNB more often, then you need to trade BNB on crypto exchanges, but for this you need to guess the price behavior in order to know when to buy and when to sell. Personally, I just hold my BNBs down to the main pump at the moment.

And when do I know when the main pump is going on? If it was that easy, man I would just always wait for the main pump. What I frequently experience though is that literally nobody knows when the main pump finally arrived that you are just talking about.

[kevindjunaidi]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

In my opinion, it is better for you to hold BNB that you have, because now every quarter BNB will burn and the supply of BNB will be less, so that will make the price of BNB can increase very high in the future, therefore I suggest you to hold BNB that you have and wait until the price of BNB increases very high (at least $1000), so you can get a big profit from investing in BNB.

[Fredomago]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

In my opinion, it is better for you to hold BNB that you have, because now every quarter BNB will burn and the supply of BNB will be less, so that will make the price of BNB can increase very high in the future, therefore I suggest you to hold BNB that you have and wait until the price of BNB increases very high (at least $1000), so you can get a big profit from investing in BNB.

After that huge pumped early this year, if you still have BNB inside your wallet it's best to keep it and allow every market cycle to pass by,
it's a good asset to hold for long term,

same with Bitcoin and ETH this project also recieved more interest from investors and traders, and with BSC even developers are also
seeing the value,

Lots of adoptions are now happening, expect to see more growth in terms of value, for sure there's another ATH for this coin.

[elisabetheva]

Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

with the current price it is clear that it is better to hold it first to wait for the correction to finish because it is clear that the price has dropped from the original prediction that the op said, besides the op may buy when the price is below the current price which is at $ 357.98. it's good to do daily trading, of course it's better to do it because if the price difference every time is quite interesting.

when ATH is formed $686.31 - May 10, 2021 it's actually worth the op to sell it and I don't know because the time gap is already far from the first post the op did.

but if you see the last ATH price which has shrunk -48%, it is better to wait for the situation to stabilize and the correction to end soon and start to rise again because the opportunity is always available because the prospects for BNB are very good. After being able to reach ATH again, you just have to decide whether you deserve to receive a decent profit, because being too greedy is also not good because it could not be achieved with your desire.