Should I buy BNB now?

[I_RodimusPrime]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

[1714767932]

1714767932

[1714767932]

1714767932

[masulum]

No one can suggest you should buy now or not, is 100% up to you. Because market always moves unpredictable. Is it late or not? IMO, it's never too late, when BTC is priced at $6000, many people are feeling it's too late, but BTC can go to $60K. BNB is currently also below the ATH price, the potential is there.

Will the price drop? Anything can happen, but if you look at the current market pattern, the price movement of cryptocurrencies is in a bullish direction, but remember, global sentiment can affect price movements at any time. So prepare yourself with research, judgment, faith and a readiness to lose. because we will often see asset values drop dramatically, when crypto prices decrease.

Not Financial Advice/DYOR/DWYOR

[Bobrox]

Binance is potential coins I think and worth for long term investment, but keep depending with Bitcoin price stable or not because when your try buy right now around $310 have potential break out above $400 or back dump under $280 if Bitcoin drop. Current market condition still not stable with Bitcoin up and down and I don't sure right time for investing in BNB.

Have nice trick when investing in some coins, you can buy Binance coins with two price kinds between $280 until $300, we can't guarantee with Binance coins keep stable on higher price because any potential if Bitcoin down I sure another altcoin will back to lower price.

[dimonstration]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

Buying BNB while CZ is the hot target of US government to hunt down like buying a time bomb. Also BNB grown a lot and the highest profit that you can get assuming that it will beat its peak price was only around x3 of your investment in comparison with other project that down more than x3 in value from their peak.

I knew CZ is tough but he can’t do anything once huge player gang up on him and set him up with a massive trap. I highly suggest to stop investing on BNB and focus on other promising project like TON.

[Warkop]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

All decisions are in your hands and you will also experience risks, because no one can predict whether or not it is right or not to buy BNB at this time, of course whenever you want to buy it is your right, because everyone knows that all prices on the market is on an uptrend, so there's nothing wrong and it's never too late to buy BNB at this point, even if it could work in your favor in the future.

Make sure that you always check all market prices so you don't miss periods of significant price increases.

[Dickiy]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

It should and shouldn't come back to you because you have that right, from my own point of view BNB itself has a fairly large market capitalization and includes the top 10 marketcap, so far there are many platforms that exist on the Binance network, of course the BNB ecosystem is also very large and has excellent opportunities for the future. But on the other hand Binance itself as the parent has a large scope in the crypto market and is the biggest exchange, what I fear is that binance will monopolize the crypto industry just like MT.Gox used to be.
it all comes back to you to find more credible information that can make you reason why you should buy BNB .
DYOR

[The Cryptovator]

We cannot determine if it is too late or too early to invest in cryptocurrencies under the current investment strategy. Since BNB is a native coin of the Binance exchange, there is no question that it has potential. If the entire cryptocurrency market doesn't crash, they won't let it down in the least. Since we are unable to provide suggestions, we may only express our opinion. Because investing in cryptocurrencies is risky at all times. BNB coin has solutions such as reduced trading fees to Binance exchange and gas fees. In light of other currencies, it is a fairly powerful coin. We are unable to predict prices with any acceptable accuracy.

[Silberman]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

Neither, even if the price dropped at most we will see a price of 200 dollars for each BNB which is just a 33% drop, which in my mind is not a huge drop, also I do not think it is late to buy BNB at all, if this is a coin that you like then you still have the opportunity to buy it for half the price its previous all time high, so you still have a good opportunity to make some good money as long as you are willing to hold your coins for a long time.

[$crypto$]

I don't have a crystal ball that can predict the price of BNB with late or not clear words, just follow your heart and with your own analysis, but I say BNB coins are coins in the upper circle, so adjust to your own choice.

I didn't buy BNB, I know that this coin belongs to the Binance and CZ exchanges as the founders we know, but behind all that, many people actually believe in coins and even hold them and make sure you have your own research to determine your investment.

[blockman]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

I hold it and bought some in addition to my future holdings of it. Every time we see some drop or pump, we don't know what's next to it. A huge price drop is expected when it just came from a huge pump. I think we're done and pass that moment so, it's now time for it to see some pump in the next months to come when we go near to the halving. If you want to buy, buy it with all accountability and you have based your decision solely on yourself and not with anyone else.

[Japinat]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

That really depends on how much can you afford to hold and to lose because certainly, nobody here in this forum can answer that question for you with a certainty as even the supposed experts of cryptocurrency doesn't even know the answer about it. If you will ask why, it is because nobody here in God's green Earth can predict the future or what will happen in a given time.
But one thing is for sure, it's not too late to buy BNB. It's much better for you to start now rather than regretting about it later for not taking the risk.

[Johnyz]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

BNB is a good coin but with regards to the possible drop, I guess no one can answer this because no knows what will happen in the coming months. Its possible to pump, and its also possible for the drop so if you are going to invest make sure you do your own analysis and know when to exit. Personally if I have the extra money I will choose DCA method with BNB while waiting for the next bull run.

[Jating]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

It has the potential, but we don't know how big the price in the future or will still be dropping this year so that we can continue to accumulate. Although technically we are still in the bear market, so if you really wanted to invest on BNB then why not?

DCA is the best thing to do, we still have a year before the bitcoin halving (an event that triggers bull run), so maybe in that span of 12 months, you can accumulate and be ready for the next bull run and new all time high. So best of luck!!.

[Natalim]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

Not exactly that we are late for investing BNB since we are still in the correction phase. You can actually buy them if you want, that was your decision because I tell you that, I was also buying too. I did what seems best for me because I have the trust that BNB will be moving high when the bull season comes, so before it happens, I already fill my bag with potential coins to make everything ready. While it was still cheap, we never had to miss the chance. Might the price will dump but it doesn't matter as long as we are holding and waiting for the bull season.

[goaldigger]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

Its not too late yet as the price is still down, and its also possible to have corrections before it pump again. I don’t usually suggest to buy but right now is a good opportunity to increase your holdings in preparation for the next bull market that can happen later this year or even next year. Buy and hold if you are not a trader and just set your target price, BNB will grow more and I love how they manage to rise again despite of some issues with them.

[hugeblack]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

Buying BNB means that you trust the future of binance/CZ and that his management will have good plans in the long term, and therefore the price will increase according to the increase in demand for the currency.
Unfortunately, I do not think that the platforms maintain their position after five years, meaning that the period of golden days for binance has become numbered, and therefore it is not an appropriate investment in the long term.

Also, that currency is not for investment because the supply is unlimited and it was not designed to be an investment.

[shinratensei_]

accumulating at bearish always good idea even though right now market has been recovery quite a bit but it's still well below it's former value.
if you think you could accumulate right now there's nothng wrong with it, the value could still goes up quite high once real bullish comes in not just temporary value hike but real bullish where there's massive rally one after the other. quite frankly, i'd say invest in some newer coins like matic and aptos maybe optimism might seem could give better return but BNB also good enough that it still have really good ecosystem and is fully supported by binance.
but still, BNB just seems like stuck with its current value so I guess you should make proper analysis before investing.

[Ojima-ojo]

Hi guys, Is it too late now to buy BNB? Or can we expect a huge price drop in this year?

Don't rely on the advice of others to make your investment decisions, especially in cryptocurrency where the risk factor is very high, you will need to do your research and come out with your risk analysis and clear conviction.

But looking over at the BNB price currently,  I will personally believe that it is a good entry point, but this is according to my observation and it may be wrong since no one can predict what happens in the price of any coin.

Even though the binance chain and BUSD suffered some losses a few days back, I still believe in the capacity of binance to stick around for a while and make positive gains in the future.

[Baofeng]

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?

I don't think it's too late to buy any solid coins like BnB or BTC or ETH. I'm talking about experience here, Like BTC for example, I continue to accumulate even if we enter the bull run, or right after the halving. So I just buy whenever I can, whether thru DCA or any other method that fits my strategy. And obviously it hit a all time high in 2021. So still a period for me to make profits even if the price keeps climbing up that time.

So yes, not to late, just continue to accumulate and never worry about the price drop, you can still buy more though if the price goes down hard. But I wouldn't wait for it.

[asriloni]

Hi guys, Is it too late now to buy BNB?

It's too late now. What didn't you buy that in the previous months once the price of BNB was still at the bottom? you were a bit too late joining at the party and buying BNB now is much more riskier than before consider you can lose your money anytime. Think about that. It's better to buy some tokens which are still trading at the bottom.

Or can we expect huge price drop in this year?

We can expect a huge price drop anytime. Bitcoin's movement is still unpredictable. Any bad news can also dump bitcoin at this moment. Just hope that if bitcoin will stay at the current level for a few months before another rally to happen.
Buying BNB looks good enough but the risk is quite big right now consider about how volatile the market is.