Should I keep my BNB or Sell it?

[jaberwock]

I think BNB is a very strong project in the future it will be rise again and the easily reach there past price and the other main thing is that it is a binance coin and binance support bnb so and the huge amount of people use this because bnb Transection fee is so low compared to other so our believe is that it is very good project.

This is the good thing about coins with utility because there will always be a reason for the people to purchase it as it can help them with their other activities not like to those coins without a single utility where they only driven by a hype but once it fades out, people won't have a reason to buy it anymore unless if they are a literal coin collector.

There are also other crypto exchanges that have their own coin and surprisingly it's features are the same with binance where hodlers of those coins can also save fee when using the platform. I am not saying they are bad but im actually thinking that maybe, they are also good as addition to our BNB.

[Johnyz]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

No, you need to sell your friend first. Your friend is just the same as you that doesn't have enough knowledge on when to sell. Binance has future in this space and just recently they just granted registration in Swedish Financial Supervisory Authority and they're also acknowledged by other fifteen jurisdictions worldwide. Persuade me if they don't have a future.

Funny suggestion but a real one, your friend is just trying to create panic over you and that friend can’t be trusted when it comes to crypto investment. BNB is always a good choice, they already proven their worth and right now they remain the top exchange where you can transact crypto, that’s a good trust level that other exchanges can’t ever have. BNB is one of my holdings, the future is still bright and clear for BNB so take the risk.

[lalabotax]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

If you sell your BNB now you get more profit than when you first owned it?
If not, then wouldn't it be better to stock up and hold on at least until this bearish ends and BNB prices go higher?
Or are you currently in a hurry and want fiat money? If so, then sell it because maybe you have no other choice. But if there's nothing urgent, I think holding might be better. Or maybe you want to convert 50% to Bitcoin which is indeed the most worthy and promising crypto for long-term investment?
Again, the decision is yours, but don't ever make a decision in a position of panic and fear.

[Psynthax]

BNB still have future but of course it requires long term holding since it really following BTC in term of trends, i'm sure BNB is the coin that's gonna also recovers once the bullruns takes places, but of course there's nothing wrong if you gonna converting it to BTC it's the same. so whether you are converting it to BTC or just keep holding BNB it's up to your own decision.

[Yatsan]

Well, BNB is a good coin so if you choose to hold it, that's just fine. Converting it to stable coin would be a better idea if you want to avoid risks of losing but don't expect it to be as profitable as volatile ones. Lastly, converting it to Bitcoin would be fine as well but don't expect its market price to increase in an instant. Bitcoin is a major coin and it requires huge change in demand to make an increase wit its value or a bullish trend in this market. BNB's market prices moves a lot as well just like BTC so eitherways would be a good coin to hold. It will now be depending on your preference since we gave you the possible outcomes on your mentioned scenarios.

[lobo13hf]

sounds like you're gonna be fine at every of your choices, BNB is indeed good quality coins and I think your friend is wrong, but if you think the market wouldn't go up anytime soon converting it in stable coin might be good idea for you and then you could start invest when the market seemed any better even though there's bigger chance that at that time you're gonna be already too late, assuming that you wanna make investment in coins like eth and bnb which usually have their bullish moment first than every other coin out there.

[ultrloa]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

Don't base your trade on opinion of other people because they give you different opinion and sometimes it doesn't give accurate answers. Just base depends on your need since if you need a money that's why you thinking about selling it then do it, you can still buy next time. If you are worried about the future of it much better also to sell since the stress you can get is not worthy as I see maybe you are a newbie trader maybe best thing to do is to sell and observe first how market works.

[serjent05]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

You could have asked your friend his reasons why he thinks BNB has no future.  Following blindly because it is from a friend is devastating,  you should always verify it and ask for the reason why he thought that BNB has no future.

BNB is getting stronger as far as I know.  Even with Binance being on the hot seat, I believe Binance will survive this struggle and will come up strong.  BNB is already a established cryptocurrency and I do not think it is bad to exchange it for Bitcoin but I remind you, BNB can give you way more profit than Bitcoin can give because of the market price.  Bitcoin can multiply 3 to 5 time at least on the next ATH but I think BNB has more potential of increasing the price than that.

[shinratensei_]

I wonder what's the reasoning of such statements, if it was caused by the fact that there are many exchanges collapsing and BNB happens to be heavily influenced by binance presence, then it makes sense even though I doubt that's valid reason because binance keeps on disclosing its reserve fund trying to be as transparent as possible even though there's still chance of it collapsing, i think binance and its BNB is quite safe, not to mention that BSC could very well save BNB even in the brink of binance collapse.
even if binance did collapse i'm sure there are some measure that binance will take to save BNB since it's said that they have so much reserved funds for emergency like that, basically BNB is far from having no future.

[rhomelmabini]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

No, you need to sell your friend first. Your friend is just the same as you that doesn't have enough knowledge on when to sell. Binance has future in this space and just recently they just granted registration in Swedish Financial Supervisory Authority and they're also acknowledged by other fifteen jurisdictions worldwide. Persuade me if they don't have a future.

Funny suggestion but a real one, your friend is just trying to create panic over you and that friend can’t be trusted when it comes to crypto investment. BNB is always a good choice, they already proven their worth and right now they remain the top exchange where you can transact crypto, that’s a good trust level that other exchanges can’t ever have. BNB is one of my holdings, the future is still bright and clear for BNB so take the risk.

That's an IRL suggestion tbh, from all the FUDs they received last year because of what happened to FTX, I'm extremely bullish on what's ahead on Binance and BNB. CZ is smart and if he still has a position there, I trust that they'll continue to develop. They've conquered most of the space can have in just one exchange and they're not stopping, I am confident that they'll break that ATH again.

[Woodie]

It's really difficult to answer this one atm after seeing something like a war between exchanges which involved most delisting Bnb after what happened with FTX and what not, it's just a hot mess... But if you are a Binance fan then by all means you can keep the Bnb coins .

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop.

If chances of getting more  airdropped coins onto these wallets exists, then I would say don't sell just yet.

So what i need to know should I convert it to stable coin or should I invest it for bitcoin?

Since you brought in the talk of stablecoins means you have already made up your mind which is to come out of the markets why you still can, and it's a wise decision atm...unless you want more airdropped coins to come your way.

Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

To make it in crypto sometimes you need to be stubborn, you can't always listen to what others say and here go with your gut feeling... You don't want blaming others for the missed bull run that's yet to come.

[Bazzu]

I think BNB has a good future, and very good potential for the future, because there are so many enthusiasts and fans, but if you want to exchange it to bitcoin, that's also not wrong, because bitcoin is the safest crypto I know.
and you can also exchange it with ethereum because ethereum is altcoin number 1. which of course has good potential for the future.

[adzino]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

You do know how stable coins work, right? If you want to wait for the price of BNB to fall before you reinvest, then yes, you can sell it for a stable coin, wait for the crash and then reinvest. Other than that, there is no other reason to hold a stable coin.

Did you ask your friend why he thinks that BNB doesn't have a future? Did you do your own research? Remember, these are your coins, your money. You make the decisions. Not your friends.

[cryptoaddictchie]

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

Its good taking consideration to buy bitcoin and its not a bad decision considering its the number 1 cryptocurrency and only decentralized project 100%. Also it did come from an airdrop which isnt that hurt much if you get loss. Also its impossible for btc to stay this low in the long run.

That opinion by your friend is just a suggestion. He maybe right but for me bnb isnt bad at all especially with the use case and benefits on their platform.

[Ayers]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

When it comes to safety, I will tell you that bitcoin is safer than BNB, but when it comes to profit, I believe that bitcoin is unlikely to be a more profitable investment than BNB. It can be said that BNB is the most valuable altcoin to invest in, its future is very bright, unlike what your friends are worried about. Your friend seems to have been too worried seeing the recent FTX and Fuds crash faced by Binance, don't blame him, he wants the best for you too. But if you sell BNB to Bitcoin, I will also support because bitcoin is still the perfect choice.

[klidex]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

Indirectly the BNB assets that you have are the result of airdrops where you get them for free.
Even though it is obtained for free, the amount of $ 800 is quite a number and not small.
If indeed you are not sure about BNB and are going to sell it to be reinvested then my advice is better to invest in Bitcoin which has a clear future than buying a stable coin.
Indeed, in a stable coin it will be safer and it is very unlikely to suffer losses but it is also less likely to be able to get a profit.
I think this suggestion you can consider first.

Basically, he already made money because he got it as an airdrop. Nothing to fear IMO, I would certainly try my trading skill if this is mine. Buy BTC with it and trade on BTC/USD.

Since the market is becoming bullish, it will be good to keep it a little longer to make a profit. BNB is still a good token for the long term. BNB has use cases like transaction fees in the network or fees in Binance which means this token has demand. It's up to OP to keep it or sell it.

That's why the OP asked and asked for opinions on his post because indeed he only got these assets from airdrops and wanted to use them for investing.

My previous suggestion is clear that it suggests investing in Bitcoin and if you say to be patient waiting for the bull market because BNB is a good asset for the future, however OP himself is not sure that the BNB he holds will be good in the future.
What's more, his friends advised him not to save BNB because he no longer has a bright future.

[tuertezii]

I think the safest ones are BTC and ETH, which are worthy of long-term investment, because Binance has no rivals now, and it is the leader in the market. This is like a parabola, and the centralization of Binance is the biggest drawback.

[Marcorey]

Investing in BNB is also a good choice, it will also bring better profits, and there is strong support from Binance. BNB is becoming more and more powerful and has great potential in the future. Whichever currency you choose, do what you think and not just listen to what others say.

[Questat]

Hi, I'm new to here. So just want to ask your help or guide.

I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.

You don't have to worry and your friend is not telling you right. Perhaps, nobody could tell what will happen to BNB but I strongly believe this is a promising project, and Binance exchange will keep that. But if we think about a secure investment, Bitcoin is been known for it, and converting your BNB to BTC is a good choice either than stablecoins (if ever happens).
https://tradersunion.com/interesting-articles/what-is-binance-coin/

You'd rather stay away from the people who discourage you from investing in BNB. It was not shitcoins that we have to be afraid of.

[Hamza2424]

According to my current analysis in coming hours Whole market is going to take a small correction for now i am still not sure about the markert current boom, it can be a trap. PlanB says market already confirmed its bottom but still there is a chance as currently there are many market negative sentiments so keeping this in mind currently I'm avoiding this boom.