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Author Topic: Should I buy BNB now?  (Read 2847 times)
tsaroz
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December 28, 2023, 02:06:07 PM
 #321

As long as the price is still affordable to buy it and not too expensive, in my opinion it is valid because BNB is also the third best altcoin on the Crypto market, so there is no need to hesitate to buy it because the community and investors behind BNB are very strong, plus the Binance market is also  the largest market so, very confident that if you invest with BNB, it seems that now it's not too late to buy it..

What is of concern is that Binance may also face major problems regarding their exchange. and the impact will be very big on the price of BNB and maybe even bigger to the point of affecting the crypto market as a whole.
Currently, Binance is one of the largest exchanges. and many traders there. but that doesn't cover the risk.
BNB has grown very big. It's only natural that many want to invest in BNB. but they have to plan well. always update information regarding the Binance exchange.
Although they face those recent big issues still they manage to stand and they are quietly running so well. They have new management now then I think they are pretty fine since BNB price is pumping so we can see that they are not affected much by those issues especially on what CZ facing on. But if some people thinking about buying BNB then its up for them to decide if they can take the risk since we don't know what will be the end point of this since there are chance that they may experience a continues pump or they might get dump since more issue will come to them. But for me I will take the risk to have it since BNB is somehow a establish coin so I don't think it can be dump easily especially if there's certain troubles happening on their exchange.

Oh no. The price went up from around $250 to around $340 in a couple of days. That is a 25% boost in price. The price is still not close/half of the all time high. With the bull run and Ethereum chain already unusable, Official and unofficial BSC tokens are a good way of trading and investing in alts with lower fees.
This could also be a bull trap before the drop around the sentencing of ex Binance CEO CZ. But BNB is already not much dependent on the Binance exchange.
A Bull run is difficult time to make a decision. The day OP asked the question now seems one of the best time to buy it.



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December 28, 2023, 02:45:27 PM
 #322

You can still buy BNB if you can afford it. If you look at the previous prices you will see that its price has increased a lot. Many trades got good profit by trading BNB is good coin to hold after Ethereum everyone is choosing BNB to invest. In the long term investors are relatively optimistic for BNB. The technical aspects are quite optimistic for the future when the attractiveness of BNB as an investment will increase.

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December 28, 2023, 04:35:55 PM
 #323

I think BNB is very strong coin there team work is great and the BNB uses is more then compare to others coins because there fee is low and they are recently pump according to my experience is that it will be pump more and anyone wants to invest in BNB my advice check it and strong hold .

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December 28, 2023, 05:12:05 PM
 #324

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

Would wait. The game is stacked against further rise. It appears overheated due to the two successive launchpools (BNB always jumps up when launchpools / -pads are announced). Furthermore, orderbooks point at an impeding correction. My guess is that in 6 days, when the current launchpool closes, BNB will retrieve back to below 290. Doubt it will be go all the way to 250 though.
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December 28, 2023, 05:18:40 PM
 #325

I think BNB is very strong coin there team work is great and the BNB uses is more then compare to others coins because there fee is low and they are recently pump according to my experience is that it will be pump more and anyone wants to invest in BNB my advice check it and strong hold .
bnb can pump a lot more. If those who have invested in bnb can hold on for a few more months I think they will get a good amount of profit.  Can sell at profit. If they can keep it for few more months then bnb can bring a lot of profit for them. But I don't know how safe to invest now because if dumping now then chances of loss will be high.

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December 28, 2023, 05:22:11 PM
 #326

You can still buy BNB if you can afford it. If you look at the previous prices you will see that its price has increased a lot. Many trades got good profit by trading BNB is good coin to hold after Ethereum everyone is choosing BNB to invest. In the long term investors are relatively optimistic for BNB. The technical aspects are quite optimistic for the future when the attractiveness of BNB as an investment will increase.
BNB is among the good projects we have in the crypto market that is going to do well when the cryptocurrency market finally go bullish.
Investing in BNB is a good decision just like the way I invested in it last time doing the bull market. Before ethe next bull market that will be taking place by next year. We could buy enough BNB to hold because the price is going to go bullish like other old and big projects that had been in the market for a long time now.









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December 29, 2023, 04:56:52 PM
 #327

The price of BNB is very higher and now I don't think that its a better timing to buy BNB but you cannot make decision according to other suggestions because you will see towards your affordability and if you can buy it easily without taking laon from others then buy it because Bull season is entering soon.

Maybe we see some drop before halving as yesterday the price was more higher more now it decreased to some points therefore continues ups and downs cannot be consider as a possible event. Check your bank balance and then evaluate that are you able to do investment or not because investment needs extra money without using it for further use. If you want to buy BNB then invest now as everyone knows that market is going more pumping than present so take the benefit as quick as you can.

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December 29, 2023, 05:50:44 PM
 #328

I see any potential with BNB coins going up in the future regarding Binance consistency with launchpool project every month, its good chance how to make investor stake their BNB and potential with BNB will raise to higher price. Last two week have two launchpool project with seven days duration each launchpool, get chance 13 billion of BNB coins stake almost one month and its bigger amount to make BNB will raise to higher price.
I have buy back BNB when price under $280 and keep holding until today for receiving new coins from launchpool, if you are interested to be BNB holder better stake it and hold in Binance to get many kinds of launchpoo coins with promising values when listing on the market.

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December 30, 2023, 04:00:56 AM
 #329

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
The price of so many altcoins is increasing in the market and also BNB which is known to be one of the best altcoins in the market. BNB is a good coin that we can see it is doing well in the market. For those who bought BNB early before now they must have derive good profit for hodling it. BNB and ethereum these are the two Crypto that are more reliable in the market than other altcoins, it won't be bad to buy BNB currently because the market is still increasing,  keep waiting is just a way to miss the opportunity

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December 30, 2023, 08:24:25 AM
 #330

I think BNB is very strong coin there team work is great and the BNB uses is more then compare to others coins because there fee is low and they are recently pump according to my experience is that it will be pump more and anyone wants to invest in BNB my advice check it and strong hold .

BNB is a very good altcoin to invest in. It's my second choice altcoin after ETH. Although the price is a bit high recently, but one can still buy and hold till the next bullrun for good profit. It will be good to buy using DCA so as to take advantage of any slight fall in price that may happen anytime.

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December 30, 2023, 10:27:27 AM
 #331

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
Which coin you invest in is your personal matter. But you must have patience to invest. If you want to invest in alt coins I don't know if it will be a wrong decision. But since you are going to buy this coin it would be better if you buy it a few days before because then the price of this coin was quite low but now the price is rising again.
A small suggestion for you from me is to invest in bitcoin instead of investing in alt coins.

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December 30, 2023, 11:12:39 AM
 #332


Oh no. The price went up from around $250 to around $340 in a couple of days. That is a 25% boost in price. The price is still not close/half of the all time high. With the bull run and Ethereum chain already unusable, Official and unofficial BSC tokens are a good way of trading and investing in alts with lower fees.
This could also be a bull trap before the drop around the sentencing of ex Binance CEO CZ. But BNB is already not much dependent on the Binance exchange.
A Bull run is difficult time to make a decision. The day OP asked the question now seems one of the best time to buy it.

OP asked around February 2023 and at that time based on CMC data the price of BNB was around $300 and currently the price is also around $300 and heading towards $400. The lowest price of the year is around October at around $200. So I think if at that time the OP chose to buy it then he would have made a profit, even if it was a little. The best month to buy BNB this year is October and I also saw that BTC also had a price of $28,000 in October and now it is $42,000 towards the end of the year.

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batang_bitcoin
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December 30, 2023, 01:29:59 PM
 #333

BNB is a very good altcoin to invest in. It's my second choice altcoin after ETH. Although the price is a bit high recently, but one can still buy and hold till the next bullrun for good profit. It will be good to buy using DCA so as to take advantage of any slight fall in price that may happen anytime.
Also me, that's my next choice after Ethereum. I'm still holding both of them and I was just lucky that I've both ETH early but not that much with BNB. I've seen people that have bought BNB at an early stage and they've managed to hold it until it has reached the value on hundreds.
That's so much profit for them and they're not going to miss it because they're still holding it and currently that they see that it's undervalued now and there's more to it.



 

 

 

 

 

 


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Bushdark
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December 30, 2023, 07:33:16 PM
 #334

BNB is a very good altcoin to invest in. It's my second choice altcoin after ETH. Although the price is a bit high recently, but one can still buy and hold till the next bullrun for good profit. It will be good to buy using DCA so as to take advantage of any slight fall in price that may happen anytime.
Also me, that's my next choice after Ethereum. I'm still holding both of them and I was just lucky that I've both ETH early but not that much with BNB. I've seen people that have bought BNB at an early stage and they've managed to hold it until it has reached the value on hundreds.
That's so much profit for them and they're not going to miss it because they're still holding it and currently that they see that it's undervalued now and there's more to it.
Ethereum is one of the hold coins we can hold but for now, I don't think I would be buying it because of so many reasons.
There are new project launching in the market I would like to invest into than waiting for many of the old projects to go bullish.
Ther is still lots of profits to be made from Ethereum and BNB but trying out new projects could be more profitable especially investing in meme projects that has good liquidity and momentum. This new years, diversifying our portfolio would be more profitable.









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December 30, 2023, 11:24:30 PM
 #335

I think BNB is very strong coin there team work is great and the BNB uses is more then compare to others coins because there fee is low and they are recently pump according to my experience is that it will be pump more and anyone wants to invest in BNB my advice check it and strong hold .

BNB is a very good altcoin to invest in. It's my second choice altcoin after ETH. Although the price is a bit high recently, but one can still buy and hold till the next bullrun for good profit. It will be good to buy using DCA so as to take advantage of any slight fall in price that may happen anytime.
its considered good until binance screwed then the value will go down significantly I think, in my opinion i would hesitant to invest in this coin because simply put, the performance heavily depends on binance as well despite the fact that it has binance smart chain backing it up so that it can be labeled as independent blockchain but honestly i just can't stop thinking about what if the lawsuit towards binance appear again in the future the price would plummet.
but yeah for those that invests early, its definitely good investment, but when the price already reaching this high right now I doubt its gonna be good investment at best it would be some miniscul pump in the future since the market capitalization of this coin already so huge, but then again if you are so sure to invest in it then go ahead because BNB has been stagnating for few years (there are pump but just small ones) i guess this bullrun around it will finally have some good move and might eventually be a good investment.

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December 31, 2023, 08:00:14 AM
 #336

There is still a good time to invest in BNB. BNB is a trusted and loved altcoin by many investors. Currently BNB has managed to build a good position. So I think it is wise to invest in BNB now. For investors, demand for BNB is slowly increasing. It is believed that in proportion to the increase in demand, the price of BNB is likely to increase several times in the future. Although the BNB price is a bit high now, still, if you invest in BNB now and hold, you can expect good returns. Because it has enough potential to pump more

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cryptoWODL
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December 31, 2023, 08:54:28 AM
 #337

There is still a good time to invest in BNB. BNB is a trusted and loved altcoin by many investors. Currently BNB has managed to build a good position. So I think it is wise to invest in BNB now. For investors, demand for BNB is slowly increasing. It is believed that in proportion to the increase in demand, the price of BNB is likely to increase several times in the future. Although the BNB price is a bit high now, still, if you invest in BNB now and hold, you can expect good returns. Because it has enough potential to pump more
The price of BNB Coin is always changing as the market changes. For which BNB Coin has become the preferred coin of many investors. Today I saw the price of BNB coin in the market went up to 322$ dollars, once I saw the price of this coin up to 642$ dollars but that was long ago. I think the price of this coin is still very low so it can be the preferred coin to invest in for those who want to invest.

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December 31, 2023, 10:30:21 AM
 #338

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.

BNB is a top altcoin, so it has the potentials to still reach higher ATH bull runs. Although altcoin investments can be risky, this is especially for new projects, so for established altcoins like BNB and Ethereum, they can be almost as sure as Bitcoin, even when they experience dips the investors are sure that it's just a matter of time and they'll pump again, reach bull run and become more valuable. Despite the issues that CZ is having, I know that it'll not really affect Binance and BNB, because they've built reputations in the crypto market. So I think that it's safe to buy BNB, take the chance.

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January 01, 2024, 05:53:39 PM
 #339

You can still buy BNB if you can afford it. If you look at the previous prices you will see that its price has increased a lot. Many trades got good profit by trading BNB is good coin to hold after Ethereum everyone is choosing BNB to invest. In the long term investors are relatively optimistic for BNB. The technical aspects are quite optimistic for the future when the attractiveness of BNB as an investment will increase.
BNB is among the good projects we have in the crypto market that is going to do well when the cryptocurrency market finally go bullish.
Investing in BNB is a good decision just like the way I invested in it last time doing the bull market. Before ethe next bull market that will be taking place by next year. We could buy enough BNB to hold because the price is going to go bullish like other old and big projects that had been in the market for a long time now.
BNB is not a good coin and at the moment I would be very careful. BNB is definitely a good investment option but that's not because BNB is an innovative coin, that's because Binance is the number one exchange at the moment and holding BNB gives you lots of benefits like decreased trading fees, higher VIP level on Binance platform, easy money from stacking them on Binance launch pool and many more but I would be cautious right now because we don't know what's going to happen to Changpeng Zhao and I believe that will be a major event. Binance has some other problems too. The only valid reason why BNB went up these days is that Bitcoin's high transaction fees pushed people to use cheaper options, BNB in this case and Binance launched a new project and offered good benefits to BNB holders.

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January 01, 2024, 06:15:24 PM
 #340

You can still buy BNB if you can afford it. If you look at the previous prices you will see that its price has increased a lot. Many trades got good profit by trading BNB is good coin to hold after Ethereum everyone is choosing BNB to invest. In the long term investors are relatively optimistic for BNB. The technical aspects are quite optimistic for the future when the attractiveness of BNB as an investment will increase.

Everything is about our affordability on taking risk to invest on any altcoins we may want to try out, BNB is having a nice performance recently ever since it crossed it's resistance of $300 and there's more hopes in this currency to rise more and have more better performance even than it has ever had in the past, the target now is on this year halving whereby there will be bullrun after it occurs.



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