Should I keep my BNB or Sell it?

[blockman]

Hold your BNB until next year because bullrun will come, never think about to sell your coin that just make you loss of profit, patience is the key of success. Do things like DCA buy more. Especially BNB is the best Altcoin ever after ETH and also Ecosystem on BNB chain have great power for manipulation of market so don't worry about it,

It's true that patience is vital to holding BNB and not just it but also other prospect cryptos that we've got. I still have my BNB that I bought when it was on the top and I'm not even too hasty to sell it at a loss. I've learned a lot from selling at losses and this isn't the right time for me to take the cash in loss.

every year BNB price always increase and consistant

Not yearly, it's not constantly increasing because if so then it's something that people should worry about.

[woez]

BNB is a stablecoin of Binance, which in itself indicates reliability. Yes, this coin is also subject to fluctuations, but this is a market, and you can't fake anything here. Also, BNB needs to pay a fee for each transaction if you use the BSC network. I always keep this stable with me. I need it to participate in various sales from this Chinese exchange. And recently I have not seen any problems with BNB. I would not sell, but I would not keep the entire portfolio in one coin either.

Wow, this is interesting "BNB is a stablecoin of Binance" is that true??. as I know BNB is BNB. Binance has BUSD which is not much different from USDT. But it's interesting you have a good sense of humour.

It's true, why is there an increase in demand for BNB, right as you said, everyone needs gas if they want to buy or WD a coin or take it using the BSC network. Yes. market conditions but judging by the defense I admit it is quite strong. they do not neglect to bounce back even the strongest corrections.

[deean_3one]

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.

I think BNB is a good coin. You can simply hold longer. Right now the price of crypto is falling. Wait for the price to rise and you will get a good price to sell BNB.

[icalical]

I am not a person to give anyone any investment advice, but if I were you, I would sell at least half of you current BNB and buy other coin, I am not saying that BNB is bad or anything, but it's just better to diversify your portfolio if you want to hold onto it.

[cute nmp]

At these stage i will advise you to sell you Bnb into a stable coin cause the market is not looking good at the moment we are still in a bear market and altcoins can easily loose their value within a short period of time and since you are still new to crypto it is better to secure your funds for the mean time.

[Lukmanfirdaus1]

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.

I can't give you specific financial advice. It's up to you to decide what to do with your $800 worth of BNB. If you're feeling unsure about BNB's future, it might be a good idea to do some research. Look into recent news and developments surrounding BNB and Bitcoin. This will help you get a better sense of their potential. One thing you might consider is diversifying your investments. Maybe put some of your funds into stablecoins for a more stable option, and save some to invest in Bitcoin for potential growth. By spreading your investments, you can balance risks and rewards. Keep in mind that the cryptocurrency market can be wild, so take all the risks involved. If you're still not sure what to do, don't be afraid to ask your friends or someone with experience in the crypto world. They may be able to help. But remember, at the end of the day, the decision is yours. Do your research, trust your gut, and make a choice that feels right for you.

[bakasabo]

Imho, current situation between SEC and Binance indicate, that with high probability invested in BNB amount slightly decrease and stay on that level for a long time. Similar to XRP. They also have problems with SEC and due that XRP price simply stand still. It will take years before we gonna see real price changes of BNB (it will only adopt to BTC price, without showing its own growth). So if you ready for long term holding - keep BNB, if not, then switch to other altcoin.

[judaspriest]

Imho, current situation between SEC and Binance indicate, that with high probability invested in BNB amount slightly decrease and stay on that level for a long time. Similar to XRP. They also have problems with SEC and due that XRP price simply stand still. It will take years before we gonna see real price changes of BNB (it will only adopt to BTC price, without showing its own growth). So if you ready for long term holding - keep BNB, if not, then switch to other altcoin.

The long term of BNB is still promising because indeed Binance is still the number one exchange for now,
and of course the price will still be above $ 200,
but with the problems with the SEC it is likely that the price of BNB will be in the consolidation zone for a long time the same as XRP.

[kevinzxz]

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.

personally I will definitely advise you to keep holding BNB that you have, because I believe that BNB is the best investment for the long term, so you will definitely get a big profits from investing in BNB, therefore if you want to multiply your money, then I advise you to hold your BNB and not convert it to stablecoin.

[MainIbem]

BNB is a stablecoin of Binance,

This is not true, BNB is never a stablecoin for Binance token, rather is a reputable coin and stands as Binance native token or currency with a lot of features, I believe anyone who is holding this coin has a very cool coin to hold because it's increase and value.
Although the Binance exchange also has a Stable coin which is the BUSD is known to be the stablecoin of Binance exchange and are being traded among many pairs in their platform.

Op hold BNB currently isn't that bad but since Binance.us is facing little difficulty it could surely affects all their native currencies because of the turbulence, people might panic to sell probably traded to stable coin such as busd or buying of bitcoin to secure the value of their assets.

[CapGelatik]

BNB is already on a bearish path, so it's better to sell and wait until BNB consolidates again,
and I'm sure the whales will also wait for good news from Binance,
because bad news from SEC to Binance will make the BNB dump even worse.
follow the whales and don't rush when bad news is still spreading.

[Magic-Money]

Base on the current price of BNB Coin, is down and like wise other alt-coins in the cryptocurrency market, selling now, is a lost of funds, because surly crypto market regain back and is good to buy not to sell.

[BitSwapNow]

BNB is a top coin. I honestly believe long term it will be a huge success. Maybe once more regulation and clarity is brought to the markets and BNB can be listed on major US and other big countries markets then it will really explode. I would not sell it unless your up on your investment and in need of the money.

[timoshani]

Base on the current price of BNB Coin, is down and like wise other alt-coins in the cryptocurrency market, selling now, is a lost of funds, because surly crypto market regain back and is good to buy not to sell.

Such advice, I assume, will be hasty. The price of bnb almost always decreases with the overall trend in the market. Sometimes the cost of bnb remains not treason. This is facilitated by the largest exchange Binance. But sell or not depends on the price when bnb was purchased. I think simple mathematics will allow you to estimate profit or loss on the current price.

[Desscount]

If you are sure for the long term then Hold it, but if you are not sure because Binance is currently experiencing serious problems then sell it,
and buy at a low price again if that happens, so it all depends on us,
there's nothing wrong with selling or holding , because I think Binance will also struggle to fight back.

[carlfebz2]

If you are sure for the long term then Hold it, but if you are not sure because Binance is currently experiencing serious problems then sell it,
and buy at a low price again if that happens, so it all depends on us,
there's nothing wrong with selling or holding , because I think Binance will also struggle to fight back.

On the current issues on which Binance is really taking or involved with then its coin is really that making some plunge.

Binance Coin (BNB) Loses 8% As SEC Takes Exchange To Court
https://www.forbes.com/sites/stevenehrlich/2023/06/05/binance-coin-bnb-loses-8-as-sec-takes-exchange-to-court/

This is already a week old news and the price is still dipping recently.If you are really that an avid holder or supporter of Binance and its
coin then for sure you would really be seeing this as an opportunity for you to buy more as the price becomes cheaper.
It is really just normal that there would be people who would really be freaking out on the time that they do see those long
red candles.

On the time that the market would really be making recovery and those issues and events had been cleared out then for sure
people that sold out on top do starts on regretting.

[Teraboy]

If you are sure for the long term then Hold it, but if you are not sure because Binance is currently experiencing serious problems then sell it,
and buy at a low price again if that happens, so it all depends on us,
there's nothing wrong with selling or holding , because I think Binance will also struggle to fight back.

well current circumstance shows that maybe BNB will have affected massively.
after all the lawsuit alone could already destroy so many coins if things turns out for the worse, i can't imagine what gonna happen to BNB at that point honestly.

[IvugeoEvolutionCoin]

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.

personally I will definitely advise you to keep holding BNB that you have, because I believe that BNB is the best investment for the long term, so you will definitely get a big profits from investing in BNB, therefore if you want to multiply your money, then I advise you to hold your BNB and not convert it to stablecoin.

Yes I also think bnb is a very good coin. If he sells the bnb he invested in now he will make a big mistake. I think if he can hold on to the bnb now then there will be a chance of good amount of profit after a few days. But  I'm thinking now if bnb is available at a low price then I will buy some bnb and hold on. No matter how much bnb prices go dumping, after a few days the price will rise.

[raidarksword]

Your friend was delusional for saying BNB has no future because we all know BNB is the native token of Binance, which is the largest crypto exchange in the world. So, saying that kind of words to you is not acceptable. BNB already proved everyone that it has the capabilities of changing the financial system in the crypto currency world, smart contracts and other businesses that Binance have. I rather hold it for now hence market is not doing well, by the time bull market resumes then you can sell it into your heart's desires.

[mich]

Well BNB is up more than 7% in the last 24 hours. It is $250 for each coin now. So I do not think now is a good time to sell it. Maybe there is something happening we do not know about.

If you want to sell wait for $300 per BNB. I am sure it will get back to this price point once we are done with this correction. BTC will start earning profit and BNB will do it too.