Is it the right time to invest in cryptocurrencies?

[Sterbens]

It's okay and it's not bad if you have faith that investing in crypto makes the economy better during and after the pandemic. We ourselves have been running before the pandemic, maybe it feels like it's not too difficult to make ends meet. But keep in mind that in crypto you already know that fast-moving crypto price fluctuations must be taken into account. Will it bother you to meet your daily needs? invest with cold money that you don't need suddenly. That's what we often hear when we want to get into the crypto trading area.

It all comes back to how you feel after investing or trading in crypto, is it much better or the opposite? The pandemic is an excuse, but don't let it complicate needs.

[wheelz1200]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

Don't analyze and just get into the market.  Sure peoe were mad who bought the height of the 2013 run when bitcoin went down. To $200 they could have bought 5x the amount they did.  But are they mad now that they got in on that 2013 price?  Point is just get into the market dollar cost average up or down depending how the market goes and watch your value increase over time.  Just don't buy complete garbage coins.

[soureden]

Everyday is always a good and right decision to make, so investing in a right time can be done without hesitation if you knew what you're going to do. Most of all, we should be careful in choosing the right asset because it might be disappointing when you do it in a wrong selection.
Let's not ignore the potential coins like NFT, and binance chain tokens because they're the hidden gems of upcoming year 2022.

Since the day I joined this platform, I try to read as many comments as possible. First of all, very valuable comments are made. As I understand from these comments, there are cryptos whose bank investment names are spoken. BNB and ETH.

what is your bank krypton?

[soureden]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

Don't analyze and just get into the market.  Sure peoe were mad who bought the height of the 2013 run when bitcoin went down. To $200 they could have bought 5x the amount they did.  But are they mad now that they got in on that 2013 price?  Point is just get into the market dollar cost average up or down depending how the market goes and watch your value increase over time.  Just don't buy complete garbage coins.

Moving on from this comment, then the FED's statement will have a positive or negative impact on the crypto market!

[blockman]

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

It does. It's okay to invest in BNB, it's one of the most known cryptocurrencies in the market and it's got back up by its own platform, the exchange that has been very popular worldwide, Binance. If you want to invest in another crypto, that's also fine as long as you know what you're buying. If you need another investment then that should be bitcoin. So aside from BNB, you should also hold bitcoin and if you don't want to, there's also Ethereum.

In fact, the amount of money I set aside for investment is low. Small investments do not make big gains for BTC. In ETH, yes, it's not too late, you're right, it could be.

You're right for small investments but if you're for the long term, it will make a difference. Just like if we go back a few years ago when bitcoin was cheap. A small investment during that time is big today.
That's why a small investment today if being bought to bitcoin, would be big someday. This only applies if you're long in bitcoin and you do really believe on its future.

[BaeSuzy]

When you have money you can afford to lose. When you make any investment consider that money gone especially in the crypto market.

Even tough you are a good trader and has knowledge about crypto you still can loss too.

Nothing is for sure.

[super bako]

It makes perfect sense for BNB to be used as an investment in crypto. Collecting BNB and holding from now on is a good strategy for investing. Because many smart people who are active in investing in crypto definitely do it in addition to other big coins like ETH and BTC. Maybe BTC is too expensive to be used as an investment coin in the middle of a dying economy.

BNB is a list of investment coins that can be said to be good. and many more potential new altcoins you can search for traces on coinmarketcap according to your recommendations. i have bought BNB do staking my BNB but not all, i am waiting for the price of BNB to reach 1500 i will sell it. Well, even though the market is bleeding, I will survive..?

[chikading2016]

Well it is normal that we need to buy crypto during low price, no one want to buy crypto in high price because it is risky and very expensive we can only get a small amount in exchange to a big capital. While if we buy in low price we can get discount and low the risk, and I think BTC now is at low price it is now 48k$ so it is a great opportunity to buy for now and wait tell the first quarter or year 2022.

[kotajikikox]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

Covid 19 did not really effect bad in cryptocurrency world instead this pandemic helps the world to know and realized how important this kind of market as the currency in virtual way is more effective in physically like Fiat.
now people starts to invest and even use crypto for daily basis and the proof are how huge this market climbed just for a year time.
from the deepest price in march 2020 to the highest value of November 2021 .
this means cryptocurrency is the best investment place in the world.

[michellee]

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

Yes, it makes sense to invest in crypto, especially bitcoin and altcoin such as BNB, ETH, LTC, or other potential coins. But without having proper information or analysis about what coin you should buy, that will not be worth it because you can buy the wrong coins and that can not give you profit in the future.

Maybe you can start analyzing the top 100 coins to find the right coins so, from that list, you will have at least 5 coins to invest. Make bitcoin as your main investment and for the short and long term, while investing in altcoin should be your short term so, in the short term, you can make a profit while you are waiting for the long term investment that can give you another profit. Having a plan for the investment is really important to know how much money you will use for your investment.

[molsewid]

Covid 19 did not really effect bad in cryptocurrency world instead this pandemic helps the world to know and realized how important this kind of market as the currency in virtual way is more effective in physically like Fiat.
now people starts to invest and even use crypto for daily basis and the proof are how huge this market climbed just for a year time.
from the deepest price in march 2020 to the highest value of November 2021 .
this means cryptocurrency is the best investment place in the world.

Somehow, we can say that during the pandemic the crypto market got boomed because even a lot of real businesses were shut down and closed but the business via digital operates continuously and it develops more, people got to engage in the web x3 as much and many have discovered the crypto platform and the good profit they can get from it so we can say that Covid 19 didn't have bad effects to the crypto platform. However, at the current market dropped one of the reasons why top coins are correcting is because of another rising of covid variant, I didn't know if we can say it as a bad effect of covid after all.

[Ararbermas]

When market is searching for new support level it's always a good time to invest mate, but of course must pick a good project to assure everything will gonna be alright especially if you're plan it to put your money for long run and you want to get good return after all.  Stay away in some cheap coins that been hanging around in the space for year because its skeptical.. Be practical when it comes choosing mate and always make research to prevent regrets..

[Vannie12]

Indeed the pandemic affected everyone especially financially. I guess other assets may be a good investment as long as it is popular and well accepted in the market. It really does matter because it will tell how long it will stand and grow. But for the safest investment, I would recommend bitcoin. If you have some to invest it will be worth it as long as you know how everything goes.

[darmin]

Precisely because this pandemic is expected to earn income from other things and crypto becomes the right solution. BNB is a wise choice for investment because this cryptocurrency has strong fundamentals. Many others like ethereum, bitcoin. But I'm also sure many are getting to this time of pandemic from the doge.

[Shasha80]

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

Yes, it makes sense to invest in crypto, especially bitcoin and altcoin such as BNB, ETH, LTC, or other potential coins. But without having proper information or analysis about what coin you should buy, that will not be worth it because you can buy the wrong coins and that can not give you profit in the future.

Maybe you can start analyzing the top 100 coins to find the right coins so, from that list, you will have at least 5 coins to invest. Make bitcoin as your main investment and for the short and long term, while investing in altcoin should be your short term so, in the short term, you can make a profit while you are waiting for the long term investment that can give you another profit. Having a plan for the investment is really important to know how much money you will use for your investment.

I always make Bitcoin and some of the top altcoins my top choice for investment. Because it is proven that investing in Bitcoin and top altcoins is
easier to make a profit. Moreover, if the price of Bitcoin and top altcoins falls, it usually recovers much faster. We should not take the risk of investing
in new coins, because the risk is very high and can make us lose all the capital we have. It is very important to choose the right coins for
investment, choosing the wrong coins will not only make us lose the opportunity to make a profit. However, choosing the wrong coins can make us
suffer losses too. To be more sure our coin selection is good, we can do analysis and research first.

[riskarcher]

BNB is still very worth it for the long term with a stable coin value and has good fundamentals, especially I think this coin is still under value which allows the next 4-5 years to have a coin value of 1000$. Don't forget to DYOR, check the chart and buy it on the dip to get a high profit in the future

[Silberman]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

I do not really recommend investing in BNB at the moment, as you probably know the binance exchange, the owner of the binance coin, decided not too long ago to change their policies regarding KYC and some other terms of service on their website that seriously affected the average user of the exchange, and while binance has argued they did not lost a lot of clients it is too soon to make any conclusions, so it is possible the loss of clients the binance exchange is experimenting increases even further, and if this happens the demand for the exchange and their coin will go down making their coin to drop in price in the future.

[michellee]

I always make Bitcoin and some of the top altcoins my top choice for investment. Because it is proven that investing in Bitcoin and top altcoins is
easier to make a profit. Moreover, if the price of Bitcoin and top altcoins falls, it usually recovers much faster. We should not take the risk of investing
in new coins, because the risk is very high and can make us lose all the capital we have. It is very important to choose the right coins for
investment, choosing the wrong coins will not only make us lose the opportunity to make a profit. However, choosing the wrong coins can make us
suffer losses too. To be more sure our coin selection is good, we can do analysis and research first.

Analysis and research can help us determine which coins can be a good investment, whether it is for the short or long term, because so many coins at the market can tempt us to buy many coins, leading us to buy the wrong coins. Bitcoin will be our main investment, while the altcoins can be our secondary investment so you can expect to have revenue later. Investing in new coins is not advisable as there is no guarantee that the coins can survive like the other existing coins. Besides that, we can skip the new coins to buy although many people can make a big profit because I think they are lucky to get the coins. If you can deal with the risk, you can try to follow them but you should remember that it is hard to select the new coins as the investment.

[indah rezqi]

I think it makes sense to invest in Binance Coin (BNB) and other types of crypto coins that have good value even though the pandemic is still going on. Investing in the midst of a pandemic in my opinion is suitable if done in the short term.

[Marykeller]

Actually it makes more sense to invest in BNB cos so many projects are diverting their project to the BNB network which is a good idea for it to scale more. If the usage of BNB continues this way, there's every possibility that ethereum will be replaced with Binance coin(Bnb) in the future run as the second most popular coin after bitcoin. This is the time to invest more in BNB now the price ranges between $560-$580. The future looks more bright with the Binance coin