Should I keep my BNB or Sell it?

[MFahad]

Bnb is one of the best coins currently.  holding it is a very appropriate choice.  although currently the exchange that is the parent of the bnb coin, namely Binance, is experiencing problems.  However, overall there are still many people who use the BNB network as a transaction medium.  so the choice is yours

Even though there are legal problems with Binance, it certainly doesn't cause excessive worry for BNB holders, so I agree with you that BNB coin is good. It doesn't appear that investors are afraid to continue holding BNB or even to continue buying it. Even though the price was disturbed, it didn't stop more people from continuing to buy and hold it because, up to now, BNB is still a coin that has the potential to increase in price when the halving era comes. So it's better to continue holding it and not sell because you won't get the profit you will receive later by selling.

If you carefully observe the price of bnb before SEC case and after you would definitely realize that this case put very bad impact on the price of bnb. I bet that if SEC not involve the bnb price would be now 400 above. The bnb holders still alive because it is widely used in bsc chains ecosystem and also binance started listing token in launch pool which needed bnb to hold. Binance team is very talented and they are producing many opportunities to increase the buyers of bnb. BNB and Sol is now competing for 4th position in the market cap. I think at current stage holding bnb is worthy and could gives profit with the spike of btc.

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[nurilham]

Bitcoin is probably the safest investment of all cryptocurrency right now, if we can even talk about safety here. BNB is constantly under pressure from different countries because there are a lot of legal issues with Binance. If something happens to the exchange, BNB will be worth less than $10.

Sure, Bitcoin is the safest crypto investment. But it doesn't mean we don't need to invest in other cyrpto coins. I think it is okay to invest in top altcoins like BNB. Although BNB has bad issue related CZ (Changpeng Zhao), I think it doesn't bring big impact anymore to the price of BNB. CZ already pointed Richard Teng to replace him as the CEO of Binance. So, everything looks okay for now.

Binance exchange looks strong enough to survive. I think we don't need to much worried about the future of Binance exchange. CZ has solved the problem, we must think positively about the future of BNB.

[shinratensei_]

Bitcoin is probably the safest investment of all cryptocurrency right now, if we can even talk about safety here. BNB is constantly under pressure from different countries because there are a lot of legal issues with Binance. If something happens to the exchange, BNB will be worth less than $10.

Sure, Bitcoin is the safest crypto investment. But it doesn't mean we don't need to invest in other cyrpto coins. I think it is okay to invest in top altcoins like BNB. Although BNB has bad issue related CZ (Changpeng Zhao), I think it doesn't bring big impact anymore to the price of BNB. CZ already pointed Richard Teng to replace him as the CEO of Binance. So, everything looks okay for now.

Binance exchange looks strong enough to survive. I think we don't need to much worried about the future of Binance exchange. CZ has solved the problem, we must think positively about the future of BNB.

the thing that make BNB strong is binance smart chain generating massive demand because there are many project deployed there as to the problem relating to CZ i think it will gonna affect BNB more or less, i mean even though the CEO has been replaced CZ is like the brand image of binance and I don't think that will fade away soon, anything that CZ is doing is the spotlight of binance performance and anything related to binance so I'm expecting that there will be some shake toward the price of BNB whenever the bad news of CZ is coming out, not that im sure there will be any bad news coming out though probably CZ are doing well dealing with the regulation also receive punishment since it seems he tries to abide by the law.
regardless though if anyone really interested in investing in BNB thats okay, after all it seemed that we haven't hit real bullish with bitcoin soon once the news of ETF approval comes out it will be massive.
though there are rumour about disapproval about ETF i think thats just FUD.

[Sophokles]

Hype about the exchange token is gone and i am not sure if it will revive again or not as people are mostly moving towards DEX's. Centralized exchanges are still the best place to get into crypto as they provide the best option to convert your fiat into crypto. For BNB they have a big ecosystem and their TVL is also at the top of the list. But binance has a big influences over BNB price so if anything bad happens with binance it will surely have a negative impact on BNB price and its whole ecosystem.

[niall51]

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.

My advice, but please remember, this is just my personal speculation, not even financial advertising. If I were in your position, I would sell all my BNB and buy SOLANA or ETHEREUM, especially Solana, because many people use Solana for transactions because the fees are cheaper and some people are switching from eth to solana and in my opinion solana has a good potential of 2-5x in the next bullrun keep in mind do your own research don't be fomo to what is on the internet

[ItsCrafty]

In this regard I will say that if anyone has invested in Bnb.
 the market situation is very good right now, so my guess is that it will pump more and it will continue for a long time. It is possible, for now, according to my calculations, if someone has made an investment, he should keep his Bnb fund on hold because it will benefit him in a good way in the future and do not rush into it even if someone sells now. If he does, the situation of the market is very good right now and there is no such news that the market is going to go down, so if he keeps a hold, he can have many benefits in the future.

[Abiky]

Hype about the exchange token is gone and i am not sure if it will revive again or not as people are mostly moving towards DEX's. Centralized exchanges are still the best place to get into crypto as they provide the best option to convert your fiat into crypto. For BNB they have a big ecosystem and their TVL is also at the top of the list. But binance has a big influences over BNB price so if anything bad happens with binance it will surely have a negative impact on BNB price and its whole ecosystem.

BNB is lacking behind other players in the crypto/Blockchain space. These days, most projects are built on competing chains such as Solana, Avalanche, and Polygon. I haven't heard of any new project building on top of the BNB chain. Despite this, BNB is still on the top because of market manipulation. Particularly by Binance which is the largest crypto exchange in the world.

If the exchange wants to make BSC better (the chain underpinning BNB), it must improve network scalability and make it decentralized. Gas fees on BSC are much higher than Polygon or even ETH L2 networks such as Arbitrum and Base. With regulators weighting in, Binance's future is uncertain. If the exchange manages to comply with regulations, BNB would be here to stay. I'd proceed with caution just to be safe.

[mich]

Well now it does look like to hodl this coin is the best idea we can make. This coin is making very big profits in the last month now worth more then $600 each.
BNB is going to undergo a hard fork next week. I do think this will make the price make more profit so still good idea to hodl this coin. It does play big role in DeFi and this is the future.
https://www.tradingview.com/news/coindar:ea64378d1094b:0-binance-coin-to-undergo-serenget-hard-fork-on-april-18th/

[Zanab247]

If you don't want to listen to your friends, you can carry out your research to know if BNB has future or not, before you can take a final decision because some people can also give you the same advise your friends gave to you before in this trend.

If you can swap the money to BTC, it will be a wise decision because you will surely see a good profits that will make you to know the difference between altcoin investment and BTC investment, and you will see the difference from the profit you will make at the end.

Since the price of BNB is still high in the market, I will advise you to sell your BNB and invest the money on BTC because the price has dumped to $62k, and it will help you to embrace good opportunity in the future.

[Dunamisx]

I see it more profitable to hold than to sell, but many could not realized the reason and benefits behind taking this kind of decision, if you're investing in a digital currency like crypto, then you will need to wait and have more time to see that what you're investing is yielding to what you expect, BNB is not a coin that has low value, despite being an exchange coin, there is still more to expect to see coming from it in more subsequent times with its performance if we invested.

[OrangeII]

I see it more profitable to hold than to sell, but many could not realized the reason and benefits behind taking this kind of decision, if you're investing in a digital currency like crypto, then you will need to wait and have more time to see that what you're investing is yielding to what you expect, BNB is not a coin that has low value, despite being an exchange coin, there is still more to expect to see coming from it in more subsequent times with its performance if we invested.

Well, the halving will happen soon, and maybe altcoin prices will also get the effect. If I had enough BNB right now, I probably wouldn't hesitate to hold it and try to increase the asset. I strongly believe that BNB is one of the popular altcoins that has great potential, and I think the price could possibly exceed $1k if the halving affects altcoin prices. However, if you want to be more confident, then the OP needs to hold Bitcoin, but I think if you already have BNB, I think it's good enough to hold.

[Nothingtodo]

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.

Whether you hold or sell your Binance Coins is entirely up to you.  You can never say anything in advance about the market especially after you sell the market may pump more or the market dump more after you sell and you cannot blame someone for advising you to sell.  So you have to make all the decisions in terms of investing, selling.

[FinePoine0]

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.

Yes of course you can convert it to Bitcoin, because Bitcoin has been faithfully surviving in the market for a long time. But you won't get as much benefit from BNB and it's less trusted than Bitcoin. So there is no doubt that you can safely convert to Bitcoin, and you will get the most benefits.

[Essential10]

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.

Yes of course you can convert it to Bitcoin, because Bitcoin has been faithfully surviving in the market for a long time. But you won't get as much benefit from BNB and it's less trusted than Bitcoin. So there is no doubt that you can safely convert to Bitcoin, and you will get the most benefits.

When the OP made the post, the value of Bitcoin was much lower, which was early 2023. But it is right that you can convert any coin to any coin of your personal choice be it Bitcoin or any other coin. With the price of Bitcoin so high right now, whether to convert Bitcoin at the current price is also a challenging issue. But whether you convert from BNB Coin to Bitcoin or not, I am optimistic that the price of Bitcoin and BNB can reach new highs in the upcoming bull season.

[oktana]

BNB future will no longer exist when the Binance exchange itself stops functioning. And that’s not happening because Binance is the biggest name when you talk about exchanges. And BNB is what the exchange operates on. There’s the Binance smart chain for smart contracts too, and all gas fees are paid in BNB. To show how strong Binance is, it didn’t really shake as I thought it would when they changed their CEO based on the crime that was committed. Your friend may have to rethink.

[Bd officer]

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.

OP, did you buy in bitcoin or are you holding BNB? When you decided to sell BNB the price of BNB coins was maybe $290-300. If you are holding BNB then you are currently in double profit as BNB coin price is $600 plus today. Or if you sell BNB and buy Bitcoin, you are currently in more than 3x profit because the price of Bitcoin was very low at the beginning in 2023. OP, what coins are you holding? Whichever coin you hold BNB or BTC, you can profit a lot in the coming bull run. Bitcoins are much less risky than altcoins so it is better to hold Bitcoins.

[JeffBrad12]

as long as BNB still offering launchpad in their platform i will never sell my BNB well I guess until I see some good price then i might rethink my decision but so far I've been getting quite the earning from just staking BNB in their launchpool alone that its worth noting that this coin might just keep climbing in the future and i'm pretty sure of it.
aside of that the fact that their BNB blockchain keeps growing speaks volume to me.\

I see it more profitable to hold than to sell, but many could not realized the reason and benefits behind taking this kind of decision, if you're investing in a digital currency like crypto, then you will need to wait and have more time to see that what you're investing is yielding to what you expect, BNB is not a coin that has low value, despite being an exchange coin, there is still more to expect to see coming from it in more subsequent times with its performance if we invested.

agreed with this one despite many pessimistic take but I do enjoy how much opportunity and benefits this coin offered despite you know being heavily entangled with the exchange themselves I just see no problem with it, i mean yes the exchange have the possibility of collapsing in the future but I invest for now, also its usually short term so I guess it does suffice to hold this coin.

[batang_bitcoin]

BNB future will no longer exist when the Binance exchange itself stops functioning. And that’s not happening because Binance is the biggest name when you talk about exchanges. And BNB is what the exchange operates on. There’s the Binance smart chain for smart contracts too, and all gas fees are paid in BNB. To show how strong Binance is, it didn’t really shake as I thought it would when they changed their CEO based on the crime that was committed. Your friend may have to rethink.

I've still got my BNB on hold and that's why I'm thinking of selling it now to take advantage of the other tokens that might give more rewards. But with what you've said, I've forgotten that it's true that there are many other projects that uses its BSC and still uses BNB for the fees just as the other projects and even Ethereum. There has no new ATH yet for it so I might just wait for that time before selling it. So, thanks to that reminder and I'll still hold mine and if I've got some money, I'll reinvest.

[onecall123]

as long as BNB still offering launchpad in their platform i will never sell my BNB well I guess until I see some good price then i might rethink my decision but so far I've been getting quite the earning from just staking BNB in their launchpool alone that its worth noting that this coin might just keep climbing in the future and i'm pretty sure of it.
aside of that the fact that their BNB blockchain keeps growing speaks volume to me.\

lots of people are participating in Binance Launchpad. Staking BNB on Binance Launchpad for farming tokens seems intriguing. However, it's important to note that you might not receive anything, as Binance Launchpool/Launchpad is primarily for larger investors. Still, it's a relatively low-risk way to invest early in coins and potentially make profits. BNB is gaining acceptance and appears to be continuously growing. It could become the first layer1 to surpass its previous all-time high.

[Dunamisx]

BNB is having a nice performance recently and i will advise anyone holding to remain on that same level till we go more dipper with the bullrun after this recent halving, we still have more time to cover up and see BNB rising to new all time high the more bitcoin is also rising along with it, we should realized this and wait till we have the post experience of bitcoin halving in the order of bullrun when all crypto markets will rises and everyone holding will be profitable.