Shasha80
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August 14, 2021, 07:15:59 AM |
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BNB is a very good currency whether you invest in the long term or the short term it is possible to get profit only if your capital is more than this. But most traders prefer BNB long term like bitcoin and ethereum. Longterm investments are more profitable and holding on for longer will double the demand and value of currencies will have to wait until the next price.
What do you mean by "capital more than this?" BNB is good for both long term and short term trading. Long term investment is good especially for those who doesn't want to take the risk of short trading. However, for the traders, they could actually get more profit than just holding BNB. Because BNB's volatility is good for short trading, thus it'll always have a good price action as BNB is paired with almost every coin in Binance exchange. BNB is a good investment, but there is something that Binance has been facing now, a lawsuit specifically. I hope It would be resolved. I became interested in investing in BNB not long ago, I became interested in BNB after knowing the price of BNB has increased dramatically this year. Then BNB is always in the top 5, this proves that BNB has great potential for investment. After I studied BNB a few months ago, indeed BNB is very good for long-term or short-term investment. But because I don't have time to monitor the market every day, so I prefer long term investment in BNB. Even though Binance is in legal trouble, I believe Binance will work it out well. Since the owners of Binance have been in the crypto world for a long time, I believe Binance can overcome every problem it faces. So there should be no doubt about the future of BNB.
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Devifajarina
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August 14, 2021, 07:16:33 AM |
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Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself. What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Currently, there have been many appraisers and analyzes going on at BNB, where analysis is the initial process to determine everyone's choice, for now we can determine the level of long-term and short-term investment, both of which are suitable for use at BNB. If you look at short-term investments, today it is proven that BNB is very good in the market and worth investing in, while long-term investments also have the opportunity for everyone to use BNB, this can be seen by BNB 2 years ago, all circumstances, conditions and influences what happened in the market was that BNB was very stable and tended to be normal.
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VanityWallets2015
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August 14, 2021, 07:23:05 AM |
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Up until now I'm still not sure to hold the BNB for a long time it goes up and down though we understand it since its a cryptocurrency and it's volatile, it is just that of course the Defi and NFT will soon be gone and the hype will go as well after that I'm not sure if the BNB would still be a good investment or not.
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beveryu778
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Hello World 👽
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August 14, 2021, 07:33:09 AM |
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As the days go by, BNP's currency is becoming very popular. Hopefully BNB coin will be in a very good position one day. I think if we buy BNP coins now, then we can be very profitable in the future. In addition to the increase in the price of Bitcoin, the BNP has increased its price a lot
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CaptainCrapper
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August 14, 2021, 07:39:33 AM |
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Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself. What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In short time BNB will Fallow ETH cause their own Blockchain already too much popular every news token using BSC network Running lots of projects and some project is coming very soon so I think BNB can hold long term cause market is recovering day by day.so I always support BNB cause it's already low price.
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brooksby
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August 14, 2021, 08:37:47 AM |
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It depends on your investment preferences as well. If you are looking for a coin that might offer you the chance for a flip with decent profits, I think BNB could be a good choice indeed. In a bull run it will go up reasonably well I would expect. But it also has a lot of long-term potential unless Binance fails to deal with the problems they are currently facing. Regardless of the issues, it is an established global corporation with a huge user base and amazing revenue. The industry can be expected to grow further and if Binance plays this game well, they will also at least keep their market share in relative terms and expand in absolute terms with the sector growing further.
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dhemasm
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August 14, 2021, 08:42:04 AM |
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What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Both of them, BNB was really good for Long-Term & Short Term investment, It's have wider use case and backed by the biggest crypto exchange so you can expect some significant grow, Beside that BEP-20 was really good to become an alternative for Ethereum especially after last fork that i see didn't really affecting so much to the current ethereum main Problem (Gas Fee), The only things that make BNB not really good was Centralized but so far i know it will change in the future with public validator, Not sure too but if you want it for Store-Of-Value it was good choice!
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llecrf
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August 14, 2021, 08:47:37 AM |
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*Snip* What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) BNB is an exchange coin which is currently providing a lot of benefits to everyone, that's what I experienced because I invested in this coin since 2018, who would believe the price went up to $400 usd and since BSC was launched the price of BNB has slowly gone up, reaching a new ATH above $600. ETH and BNB are good coins for a long term investment, currently the ETH platform will switch to using POS and BNB has been doing that since sending transactions on the ethereum network rose due to the density of transactions. BNB is likely to hit $1000 if the team continues to burn coins for 3 months, let's wait for new ATH from BNB at the end of the year
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goinmerry
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August 14, 2021, 08:59:41 AM |
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What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Either long-term or short-term, I consider BNB a good investment. Mainly, lots of users are now using the BSC chain since the fees are cheap alongside quick transaction speed. Binance is also growing more making it a monster platform that's now hard to imagine will collapse sooner or later. The BNB itself is a good choice but for good profits to come, it will depend on our own strategy. It's useless to invest in a good and profitable coin if we don't know to handle it.
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tvplus006
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August 14, 2021, 09:13:54 AM |
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BNB has a really high potential for growth, only this potential was exhausted after the price of the coin increased 20 times since the beginning of the year. And given Binance's problems with the law and CZ desire to leave the post of head of the exchange, it will be risky to invest in this coin.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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mindrust
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August 14, 2021, 09:17:58 AM |
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Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself. What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It has already reached its potential I believe. From now on, it will move correlated with bitcoin. How bigger can binance can get from here? Especially when they are dealing with all those investigations... ı know BNB is not a company stock but you can't deny the connection. So... I don't think BNB is a safe long term investment.
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David.Jack
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August 14, 2021, 09:27:21 AM |
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Ever since Binance Coin began trading on the market, it's been going on a constant trend in price. It's quite impressive for a coin that's fairly new in the crypto/Blockchain space. Binance's strong marketing/promotion efforts led its own Blockchain network towards non-stop success. It's up to this date where BNB is the third-largest cryptocurrency by market cap after both Bitcoin and Ethereum. While BNB had its "glorious moments", it's still behind the ATH of $690 per coin. Just like any other cryptocurrency on the market, BNB is "haunted" by wild fluctuations in price. I'm wondering if BNB serves more as a serious long-term investment, or all the other way around. The total supply is 168 million coins, so I think BNB has a better chance of becoming a store of value than ETH itself. What do you think? Is BNB a good long-term or short-term investment? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It could be long-term or short-term based on your holding strategy. BNB is also a good innovation chain and strong operation scope as well. Long-term holding might need more patience time.
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kak uli
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August 14, 2021, 09:44:10 AM |
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I think bnb is good to invest at any time, both using the long-term and short-term methods, both methods when used will benefit Bnb holders. but if to get more profit it's best to use the long-term method for bnb investments
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fileo
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August 14, 2021, 01:06:15 PM |
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Yes of course. BNB is very promising coin that may increase up to $1,000 each this year or in the long run. It is good for long term and also for short term depends to the investors and traders. It is also says that BNB could be the next Ethereum. Therefore good to buy BNB not because it is the next Ethereum but because it is potential and promising.
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Traderbtcc
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August 14, 2021, 01:19:05 PM |
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Bnb looks like a very promising coin both in long and short term, it has established itself as one of the top coins in the crypto market and I think it will be there for a long time, since its now the new Ethereum in town where almost all new projects build on, bnb will be one of the top cryptocurrencies for a long time, so it's still profitable to pick it as a longterm invest since it will likely get to $1k someday since it was able to pump to $700 during the recent bull market in May.
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jrrsparkles
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August 14, 2021, 01:28:21 PM |
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We don't know that in the next 5 years the reputation of Binance will be same as of now so holding BNB for long term is not a wise choice but it has the potential to grow further if the exchange remains at the top until the end of your holding period.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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ipanks
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August 14, 2021, 01:45:05 PM |
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BNB is good enough for short and long-term investment. Every time the price increase so high, that will be a good time to sell and buy back again after the correction coming because the price can go down by half and if you buy back, you will get more amount than you have before. But if you want to use BNB as a long-term investment, you do not need to sell and buy back more when the price is down. We have different targets that we want to achieve, depending on the strategy that we use.
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goolesby
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August 14, 2021, 02:23:16 PM |
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In the past year, financial markets have been under considerable pressure due to the corona crisis. however, Binance Coin has managed to recover and even hit an all-time high earlier this year. The increasing popularity of Binance Coin has a positive effect on the price. Analysts and experts expect price increases for 2021-2025 due to collaborations and new developments in the coming years.
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Anonylz
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August 14, 2021, 02:27:45 PM |
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Long, mid and short term bnb will always appear to be a good investment, bnb is always a good choice among other investment decisions, I believe bnb has the capability and capacity to go above 1k in near future as long as things are going well for binance because anything that affects binance will invariably affect bnb too, beside this, bnb is good investment anytime.
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Qirtov
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August 14, 2021, 02:46:08 PM |
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I think neither long-term nor short-term for BNB can hurt at all. Both of these strategies can be done correctly, depending on your emotions. because we know that bnb tends to be stable but the movement is quite slow. for some people this is an opportunity for a long-term strategy. Likewise, if BNB is reaching its stability level, you can use a short term.
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