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Author Topic: Don't miss this opportunity to buy and hold BNB  (Read 1519 times)
kevindjunaidi (OP)
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October 01, 2021, 11:29:35 PM
 #1

as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.

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October 01, 2021, 11:46:27 PM
 #2

I started to buy and accumulate BNB since last year, but I really miss the chance when it was at around $10. The growth of BNB seems remarkable and really unexpected, and a lot of people underestimate this project before. Now, that it gains such market value, people get started to increase their funds into BNB and many ETH users are also switching to this platform.
With this impressive performance of BNB, I doubted if we have to decline such an opportunity but rather to invest more for long-term.



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October 02, 2021, 01:34:34 AM
 #3

This is also one of my biggest regret when I dumped my bnb and wasnt able to buyback it before the bull run finally kicks in during the start of this year. Lucky those who have diamond hands and able to retain their holdings surely they already gained a lot on this price of bnb. But if any case that bears come, Im surely will buy back those bnb definitely. One of the best working exchange so far.

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October 02, 2021, 03:19:44 AM
 #4

as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.
I am also very optimistic in terms of BNB. I use Binance Smart Chain and I see how this network is developing, becoming more user-friendly and there are more and more projects appearing. What is more, BNB's price is support by regular burnings. But I am a bit scared by hatred of countries for the Binance. It is getting ban in more and more countries (China,UK,Belarus). It can have bad impact on BNB price.
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October 02, 2021, 03:36:56 AM
 #5

What we all can do now is just try to accumulate more BNB before the price starts the rally.
We do not have to buy a whole BNB if we do not have much money instead of trying to buy from a small amount.
Hopefully, we will not be late to have many BNB when the price starts rally so we can join in the party and can sell BNB at the next highest price.
Yes, the BNB price is still low but we do not know when it will rise so before it is too late, we should use this time to have more BNB.
I have some BNB and that is less than 50 BNB and I still trying to buy more BNB if the price is dump hard.

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October 02, 2021, 04:04:12 AM
 #6

I have been accumulating BNB since the price was around $7. Im still holding enough BNB for the future. The chance for binance to touch three digits was so big. It's just the matter of time.
Binance was also doing regular burn for its BNB coin. The maximum supply will be around 100 millions BNB. that will make BNB even more limited compared with ethereum that has 4 digits right now. BNB potentially to break 4 digits like ethereum once the price of bitcoin will be worth more than 100k. I hope that the day for the big bullish trend for bitcoin will come very soon. This will make FOMO will come again for BNB.
The price of BNB is quite stagnant at this moment and i have expected something big to happen in the future.
Bitcoin turns into the bullish again. Big news to come. I just prepare my seat belt. The train will be coming soon. All of bnb holders are still holding their BNB

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October 02, 2021, 04:29:18 AM
 #7

$330 was the best price to purchase it and thankfully I did caught that moment. But I only bought 1 BNB and now having thoughts that I could sell at some point then just buy it back if a dump happens again. The only question is, when will the dump happen again? It seems like there is no stopping this pump and the only thing that made the BNB price dip was because of the mandatory KYC issue.
Investors pulled out their investment with the fear of their entity being leaked but the price already recovered and there's no telling when will the next entry point be.

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October 02, 2021, 04:57:19 AM
 #8

I also think so. I think it could cost thousands of dollars in the future. Seeing the development of projects that are very much using BSC at this time, makes me think that BNB will have a price that is not far from ethereum.
Personally, I'm currently slowly re-collecting BNB. I also think that the price is still quite low at the moment. actually I waited for the price of $300 before buying it when the price was down. however, I didn't expect that the recovery would happen so quickly.
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October 02, 2021, 05:55:25 AM
 #9

BNB is definitely a good investment at the moment! The entire crypto market looks pretty stable last few weeks, I don't think we will see the prices dropping so this can be a good time for buying different coins, and for sure BNB is one of the coins we should pay attention. I am accumulating BNB and stake them, a safe way to increase my balance, so I am trying to invest whenever I can... Especially because that passive income, it can't get any better, more coins from staking and with the potential price rise I hope that BNB can bring me a nice profit one day.

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October 02, 2021, 06:42:26 AM
 #10

as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.

I think the best chance is really when the price is less than $100. Of course, it's better late than never, but just imagine if you buy a ton, when it is still cheap. Another good example is Ethereum, it was in it's lowest low in 2018, then it grow late 2020 up to this time. So lessons learn is that we shouldn't take for granted cheap coins, specially those prime movers in the crypto market. BNB can prove itself in the future if it reaches 4 digits like Ethereum. We really don't know what is the decent price though, it could be $1k-$2k or it could reach $3k in the future.

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October 02, 2021, 06:51:00 AM
 #11

We know that BNB is very good coin and you say that still have opportunity for investment in BNB coin, i agree your opinion but i think now if i buy 10 BNB then i can make a very good amount on the future, but it will not good profitable for me if i invest 400 usdt in One BNB. After 6 month latter if per BNB price is 1500 usdt, it will not a good return for me, becouse now if i invest 400 usdt in any Hidden Gem then after Six month latter i can back some good return form my investment.        
My Clear suggestion is that, if you have more fund then buy more BNB for future, as long time investment,  otherwise you can invest your Little fund on any Hidden Gem or others coin.            

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October 02, 2021, 06:56:32 AM
 #12

This has been discussed many times and many members believe that BNB is one of the coins that deserves to be hold as a long term investment, especially since the price has dropped, and this is also one of the coins I bought and kept for the long term, fortunately those who still keep it and buy when the price is still very cheap or early investor.
The dominance of the binance exchange makes the coin count, but will it still perform well when that dominance replaced by another exchange?

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Ararbermas
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October 02, 2021, 07:01:32 AM
 #13

as we know that Binance has two projects, that is exchange and smart contract, then the total supply of BNB is around 160m and will burn every quarter, so the total supply of BNB will be less every quarter and with the current price of BNB ($410), then I think the price of BNB is still very low, because with a small total supply of BNB and BNB is one of the most popular projects (top 5 on coinmarketcap), then I think the price of BNB can still increase very high and reach at least $1500 (I think it's a decent price for BNB), therefore now is still the right time to invest in BNB and hold it for the long term, because at this time you can still buy BNB at a low price.
yup binance coin is very popular it's because of their platform reason it's holding the top 5 rank in the market,  and yes there's a potential it will increase value in the future wherein along with top crypto currency because indeed mostly had the same pattern and when there's an event in the space and all of them really pump and break new record afterwards, so it's not surprising in my personal opinion if that time happened to BNB.. And for sure the exchange itself is the main reason that can lead the future of bnb..
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October 02, 2021, 07:21:56 AM
 #14

$330 was the best price to purchase it and thankfully I did caught that moment. But I only bought 1 BNB and now having thoughts that I could sell at some point then just buy it back if a dump happens again. The only question is, when will the dump happen again? It seems like there is no stopping this pump and the only thing that made the BNB price dip was because of the mandatory KYC issue.
Investors pulled out their investment with the fear of their entity being leaked but the price already recovered and there's no telling when will the next entry point be.

Same here, caught it around that price, I'm probably sell when I got my investment double or triple at least. Not sure if dumps will happen in the last quarter, as usually this is a good month for crypto. Nevertheless, profit taking is not that bad as well. We just need to be smart where to put our money and we are lucky that we still get it while on the $300'ish, wait and hold and sell at the right time mate.

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October 02, 2021, 07:33:36 AM
 #15

BNB is definitely a good investment at the moment! The entire crypto market looks pretty stable last few weeks, I don't think we will see the prices dropping so this can be a good time for buying different coins, and for sure BNB is one of the coins we should pay attention. I am accumulating BNB and stake them, a safe way to increase my balance, so I am trying to invest whenever I can... Especially because that passive income, it can't get any better, more coins from staking and with the potential price rise I hope that BNB can bring me a nice profit one day.

Yes, BNB is a good coin to hold for midterm to long term. However i a worried about binance exchange stopping its operations in few countries. Also they are being accused of inside manipulation in future and margin trading. Investment in BNB is good but we should keep an eye open on what's gong with the regulations on binance exchange.
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October 02, 2021, 07:48:34 AM
 #16

Of course it is still good time to buy BNB, their project is very good, they always burning the supply so it will definitely increase the price in the future. I'm still holding my BNB right now hoping to increase x10 in the future. If I have extra money I will buy more BNB and hold for long because BNB is one of the best crypto investment.

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October 02, 2021, 08:24:04 AM
 #17

Crypto assets like Bitcoin and Ethereum have always been the best choice for long-term investment, but don't forget BNB which is currently popular as it is a promising coin for long-term investment.
and what I saw after a very significant increase the decline in BNB was only a little or can be said to be stable and I didn't want to miss getting BNB before the price got too far and holding it for the next few years, because BNB Price is expected to reach $15,000 in the next few years . and it seems impossible to wait for the price of BNB to drop below $300 since that's my expectation to make a purchase, so I'd better do it gradually.

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October 02, 2021, 08:30:39 AM
 #18

Binance has had an ongoing commitment to reduce the total supply of BNB in ​​the market. Every quarter since it launched, Binance commits to use 20% of their profits to buy back Binance coins and burn them forever.

Coin burning or coin burning is the permanent deletion of this coin,  they are no longer circulating on the market. Doing this leads to a decrease in the total supply of that coin. One of the reasons for doing this is REDUCING inflation to the lowest level. All of these coin burn events are recorded as transactions on the blockchain, meaning they are 100% transparent.

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October 02, 2021, 09:13:41 AM
 #19

A good coin to be used or short term investment but people have been accumulating when the price of binance coin was dipping a last week. This time people are FOMOing it. there's no reason to buy when the price is starting to increase or you will be dealing with a huge risk by loosing the opportunity to get money from the market. People may got attracted with regular burn but it's about to get the right position to enter in the market. I can say that if anytime should be a good time to accumulate more and more BNB if you're believing in the long term but it will become a different story when you will be accumulating more BNB for short term. Our position will be determined how much our profit if that was increasing again to surpass its ATH

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October 02, 2021, 10:58:12 AM
 #20

Buying BNB at the current price, you can turn from a trader into a holder for a long time. It is common practice to buy coins after a correction, but now the value of BNB has increased after Binance announced the launch of a new Beta Finance launchpad. I hope that the opportunity to buy BNB at a lower price will be provided on October 8, when the subscription period of the new launchpad ends and its participants will start selling BNB.

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