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Author Topic: Let's pay attention to BNB?  (Read 1964 times)
ymckartal (OP)
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March 11, 2022, 08:19:57 PM
 #281

I know the days when it was $5 for BNB in 2019. It is not a coincidence that it came up to $ 690 after the year-end attacks in 2020 and 2019. We will do the same correspondence when it comes out to 5000 dollars from here.
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March 12, 2022, 12:34:11 AM
 #282

Absolutely not.

BNB is honestly one of the more developed ecosystems, but I don't think that there is much growth potential left in them at all.

I think that it is self-evident that more people are moving to newer chains like Fantom and NEAR Protocol and leaving behind BNB. Binance itself is also getting saturated as it is not growing too much either, so it's certainly something to be concerned about.
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March 12, 2022, 02:05:27 AM
 #283

I know the days when it was $5 for BNB in 2019. It is not a coincidence that it came up to $ 690 after the year-end attacks in 2020 and 2019. We will do the same correspondence when it comes out to 5000 dollars from here.
In essence, the correspondence is for profit, because as seen from the story you have said, it is very clear that with the achievement of such a high price in a short period of time, those who have bought BNB at a very low price in 2019 have benefited greatly by BNB, but for now it looks like it will be a little different because the market conditions are no longer the same as in previous years.
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March 12, 2022, 05:41:41 AM
 #284

Absolutely not.

BNB is honestly one of the more developed ecosystems, but I don't think that there is much growth potential left in them at all.

I think that it is self-evident that more people are moving to newer chains like Fantom and NEAR Protocol and leaving behind BNB. Binance itself is also getting saturated as it is not growing too much either, so it's certainly something to be concerned about.
Everyone finds their own opportunity in any field. In this case, I don't fully support your point, but it's not wrong. In fact, its potential is huge, but other platforms are also growing constantly. With each stage, we will see markets created and drive users to them. Personally, I am optimistic about this market, so the better the projects do, the more we benefit.

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March 12, 2022, 09:02:40 AM
 #285

Everyone finds their own opportunity in any field. In this case, I don't fully support your point, but it's not wrong. In fact, its potential is huge, but other platforms are also growing constantly. With each stage, we will see markets created and drive users to them. Personally, I am optimistic about this market, so the better the projects do, the more we benefit.
What you are saying is very precise because now everyone really has to look at market conditions and the development of the project in any case in order to see the potential benefits that can be obtained from the project.
So it's clear that everyone can find their own opportunities by doing some research by themselves without having to rely on other people's suggestions
It is true that it is very important to do research and if you are not used to it, at least try to do your own research.
everything needs a process and that way it will be good for ourselves and will not depend on other people's advice,
because basically not everything what other people say will work for us

ymckartal (OP)
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March 12, 2022, 03:52:18 PM
 #286

Today BNB's resistance has been like a very nice attack. I interpret it as a good development that BNB protects itself and gains value from time to time while BTC and ETH are losing value.
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March 12, 2022, 04:49:42 PM
Last edit: March 12, 2022, 05:04:23 PM by $anounimus$
 #287

The first reason is when Bitcoin increases in value than new tier 2 cryptocurrencies such as ETH, BNB,  ADA, and others increase in value. if you look at the daily transaction volume of Binance, it is eight times greater than the daily transaction volume of Coinbase https://coinmarketcap.com/rankings/exchanges/ as well as an addition that needs to be seen again, the more DeFi in the BSC automatically the demand for BNB increases To pay the Binance Smart Chain gas fee in the market decentralized finance (DeFi). This means that it is very possible for a new ATH for BNB in 2022 to be $1000 even though it takes time and process with current market conditions.

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shawon01
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March 13, 2022, 03:57:53 AM
 #288

This is not that I'm saying it's not a bad idea to get into BNB now. Just saying it's always a risk with centralized alts.

There's always a risk and it should be taken into account before investing, we knew that the market still swaying and the direction of each coin is unknown, we can speculate and give our opinions but we won't have any accurate prediction, most are according to how they believe CZ and what are the development that he will bring to create another good rally..

Yeah but I'm talking about a particular risk with centralized alts like BNB definitely is. If CZ decides to be an idiot and do something of some scandalous nature, or if Binance gets caught with their pants down doing some illegal thing somewhere, or even if CZ or staff just well, die.

This isn't about market risk, this is about the control he has over Binance and thus over BNB.
Here I am thinking of a particular risk with focused light is that if bnb decides to be a fool of his own and does something of a scandalous nature if Binans is caught doing something illegal with their name somewhere stale z5 you will die in the market if you are okay  It is not about the risk, it is the finance and thus it is expected to control depending on it
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March 13, 2022, 02:20:19 PM
 #289

I myself have been paying attention and focusing on BNB since 2018, because in my opinion Binance is one of the tokens that has enormous potential, the proof is that until now BNB still survives and has very many users, the price is increasing from time, even though currently the price of bnb has fallen but i will continue to maintain my bnb assets, because i am very optimistic that the price will continue to grow,

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March 14, 2022, 05:37:57 AM
 #290

Everyone finds their own opportunity in any field. In this case, I don't fully support your point, but it's not wrong. In fact, its potential is huge, but other platforms are also growing constantly. With each stage, we will see markets created and drive users to them. Personally, I am optimistic about this market, so the better the projects do, the more we benefit.
What you are saying is very precise because now everyone really has to look at market conditions and the development of the project in any case in order to see the potential benefits that can be obtained from the project.
but we are talking Binance Coin here (BNB) to be precise , this is the most qualified exchange coin now.

and looking at potential ? do you really doubt this currency?

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So it's clear that everyone can find their own opportunities by doing some research by themselves without having to rely on other people's suggestions

I am not in need for other suggestion because this coin is the most potentially and independent currency to invest for our time now.

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March 14, 2022, 09:28:33 AM
 #291

BNB always follows price developments from the bear or bull market. so, to wait for that potential, we need to wait for the bull market to see the potential which I think can reach the price of $ 1k.

however, in the short term, it looks like the price won't pump that high. the latest price analysis on cointelegraph also says that the potential for BNB price increase in the near term is only $445, while the current low that is still predicted is $320. however, the potential will only increase when the price reaches one of these prices. other than that, a price increase of $445 is not a high price considering our target is $1k. however, I still feel that this coin deserves attention.
Not just bnb but I think every coin follows the bull market or they can rise during that event. Bull market won't trigger without btc so we can also say that all coins follow the movement of btc. Don't know about you if what is your basis when we talk about potential but for me it's the utility of the coin.

No matter what is the price of bnb, it is still a potential coin because it is the first alternative to eth network that solves problems in fees and slow transactions. Bnb started at under 100 dollars if I'm not wrong, so whatever price it had now, is already considered to be huge. So, many bnb users are also expecting that the coin can reach 1k usd.
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March 14, 2022, 03:30:14 PM
 #292

I myself have been paying attention and focusing on BNB since 2018, because in my opinion Binance is one of the tokens that has enormous potential, the proof is that until now BNB still survives and has very many users, the price is increasing from time, even though currently the price of bnb has fallen but i will continue to maintain my bnb assets, because i am very optimistic that the price will continue to grow,
The price decline experienced by BNB at this time is a natural thing because currently almost all coins on the market are also experiencing a decline because we often see that altcoin prices will follow bitcoin price movements, so there is no need to worry about this temporary decline, so far I have also invest with BNB coin because it seems with this coin maybe we can get a bigger profit if the bull market has returned.


And make it a habit to observe before you react, if you see that chances is opening a door for you to buy best to set your target and expectations, this never-ending cycles should be learned and for sure it will gives a decent amount of benefits once you overcome fears and develop a good attitude to make your decision making more profitable for your investment.

BNB is a good coin for long and short term asset, just a make use of this kind of volatility and assess your path to enjoy the benefits.

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March 14, 2022, 05:42:23 PM
 #293

It is not impossible for BNB to reach the value of bitcoin, almost all cryptocurrencies have the potential to increase in value, it just depends on how they market to get investors.
BNB is one of the stable coins and is on the list of investors who are good to invest cryptocurrency because even if it goes down it is not that big but it recovers easily, and another is the creator of BNB is one of the unified and trusted crypto wallets.
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March 14, 2022, 08:14:12 PM
 #294

It is very difficult to say that there can be 1k for BNB and other cryptos in the same way in this crisis period. Not a day passes without another crisis in the world. I don't understand what time we live in. Virus, war oil..
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March 14, 2022, 08:59:39 PM
 #295

I myself have been paying attention and focusing on BNB since 2018, because in my opinion Binance is one of the tokens that has enormous potential, the proof is that until now BNB still survives and has very many users, the price is increasing from time, even though currently the price of bnb has fallen but i will continue to maintain my bnb assets, because i am very optimistic that the price will continue to grow,
The price decline experienced by BNB at this time is a natural thing because currently almost all coins on the market are also experiencing a decline because we often see that altcoin prices will follow bitcoin price movements, so there is no need to worry about this temporary decline, so far I have also invest with BNB coin because it seems with this coin maybe we can get a bigger profit if the bull market has returned.
yes you are absolutely right, the decline in the price of BNB is not a sign that BNB has finished,
in fact this is the beginning of BNB to shine again, as long as the price of BNB is still above $ 300,
BNB still has a chance for a new all time high this year, on condition that the price Bitcoin did not drop below $30000.
Until now I also still hold BNB with of course having a good and correct strategy

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March 14, 2022, 10:09:30 PM
 #296

While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.


Absolutely going to reach that price target if it happens that we bounce back.
There is a way that BNB normally behaves base on my trading experience with BNB for sometimes now,
 it takes sometime to round up it consolidation while sometime it does it faster and moves with the moving train, this what is currently happening with BNB , so if you take a good look at the chart you will see that BNB is currently on a decending channel which when broken the price target is $530 and above so very likely it still going to reach that level.
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March 15, 2022, 05:50:10 AM
 #297

It is very difficult to say that there can be 1k for BNB and other cryptos in the same way in this crisis period. Not a day passes without another crisis in the world. I don't understand what time we live in. Virus, war oil..
It's hard to say, because right now we are still in a bear market which makes it difficult for BNB prices to rise. however, if you look at the development of the price, the price of this coin a few years ago the price was still under $100, and now it's even close to $400. currently the price has dropped quite far from its ATH.

However, for the current prediction, based on the analysis on cointelegraph, the price of BNB is currently in the support zone, i.e., $350 to $360, if there is another decline, the price may reach $320, whereas if the price rises again, the price may reach $389 later. to $425. well, this is a lower analysis than before, because if I'm not mistaken, the previous high potential was still at $450. Personally, I think that in the event of a bull market, the price of BNB could exceed $500. Well, it's still far from $1k, but little by little, we're definitely getting closer to it.

source of information support : https://cointelegraph.com/news/price-analysis-3-14-btc-eth-bnb-xrp-luna-sol-ada-avax-dot-doge

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ymckartal (OP)
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March 15, 2022, 07:20:03 PM
 #298

I've been reading comments that BNB will be pumped at the end of March and rise to $490 levels. Can such comments be trusted? Today BNB was in a bullish trend along with other coins. Meanwhile, there is a serious movement at UNI.
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March 16, 2022, 06:49:44 PM
 #299

Cryptos are moving again and the green light is on. BNB is very well property on the binance exchange. I think it is difficult for this coin to rise fast now.
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March 16, 2022, 08:31:55 PM
 #300

It is very difficult to say that there can be 1k for BNB and other cryptos in the same way in this crisis period. Not a day passes without another crisis in the world. I don't understand what time we live in. Virus, war oil..
It's hard to say, because right now we are still in a bear market which makes it difficult for BNB prices to rise. however, if you look at the development of the price, the price of this coin a few years ago the price was still under $100, and now it's even close to $400. currently the price has dropped quite far from its ATH.

However, for the current prediction, based on the analysis on cointelegraph, the price of BNB is currently in the support zone, i.e., $350 to $360, if there is another decline, the price may reach $320, whereas if the price rises again, the price may reach $389 later. to $425. well, this is a lower analysis than before, because if I'm not mistaken, the previous high potential was still at $450. Personally, I think that in the event of a bull market, the price of BNB could exceed $500. Well, it's still far from $1k, but little by little, we're definitely getting closer to it.

source of information support : https://cointelegraph.com/news/price-analysis-3-14-btc-eth-bnb-xrp-luna-sol-ada-avax-dot-doge

Although surprisingly Bitcoin managed to rise to the price of $ 41k again, and finally made the price of BNB also increase to the price of $384.
But the market can't be said to have recovered, because the BNB price is still far from the ATH price, we still have to monitor the progress of
the BNB movement. Because now the price of BNB is still down 44% from the price of ATH, then we still have to wait for the price of BNB to
at least reach the price of $500 to say that BNB is starting to recover. And I believe BNB is able to recover again, because BNB has
an amazing development team, they are able to make Binance exchange the best. Then they will do the same thing to BNB, no wonder BNB is
always in the top 4. This means that BNB is very popular and trusted by many investors, so for BNB to recover and reach the target of $1 is
actually just a matter of time. As long as we can be patient with holding BNB, we don't need to worry, because one day we will be able to make
big profits from BNB.

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