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Author Topic: Should I buy BNB now?  (Read 2847 times)
fuguebtc
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February 25, 2023, 01:54:18 PM
 #41

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I don't know if it's too late to buy BNB now or if it's not too late for you but right now, the price is on the decline and I thought maybe you could buy some. But if you are hesitant to buy BNB, I suggest you look for other coins with the same increasing chance. The consideration is that BNB prices are already high, although they could go even higher if there is an altcoin season. And if you still intend to buy BNB, make sure you buy at a price below $300 because that was the previous lowest price of BNB.

If you believe in BNB and dig into it, and learn about its quarterly burning mechanism, you will find the current price is not expensive, and it is still the best upside potential altcoins in topcoin. The risk of BNB is that it belongs to Binance and it is too centralized. I believe the majority of nodes of the BNB blockchain are being managed by CZ and are not distributed like ETH or other altcoins, and if Binance crashes, BNB will definitely be inevitable.

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February 25, 2023, 03:49:02 PM
 #42

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I think that the FUD about Binance's stablecoin BUSD was the chance to buy a cheap Binance Coin (BNB). Since for me, it was complete FUD, and BNB price really dumped due to that.
After all, Binance is still here, FUD is FUD, and we already have a lot of experience with FUD on stablecoins just like Tether before.
There is just too many people who are hurt about Binance being as big as it is right now. Look at the volume size of all other exchanges, if Binance didn't existed tomorrow, they would make so much more profit, and I mean like multiple times more than what they are making today, so making people doubt about binance was a good business decision and they did it.

Of course most of us didn't buy it, because we know how trustworthy and great binance is and we will keep on using it, and I would suggest buying BNB because of this as well, I think it is an incredibly well made one and should always be used. This is why I believe do not fall for the FUD and invest into it.

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February 25, 2023, 04:48:05 PM
 #43

I have been waiting for investing in BNB still pride drop under $250 and right now keep holding until reach to the higher price, many people or investors worry about Binance coins will drop later after Bitcoin have not stable price. I sure when Bitcoin bring back to higher price has potential for BNB back to higher price again.

Still get positive feedback with CZ as the Binance coin owner and seems potential when CZ make new tweet about how potential with BNB automatically price will up, not bad if invest money in Binance coin because they have back with Binance as top global exchange market and have good reputation right now.

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February 25, 2023, 05:23:24 PM
 #44

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
The market is entering the correction phase, there’s still a chance to buy BNB.
BNB is one of the best crypto exchange today, they continue growth and I see some news that they are planning to acquire good companies as well, this can be a good opportunity to accumulate. Try to buy some now, BNB will not fail you and I’m confident that it can happen in the next bull trend.
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February 25, 2023, 05:38:02 PM
 #45

...I sure when Bitcoin bring back to higher price has potential for BNB back to higher price again...

So any coin, with the exception of shitcoins, has a good chance to increase in price in the bull market and BNB will definitely not be an exception. And despite the fud that has been plaguing Binance lately, the price of BNB is holding up very well in the market.

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February 25, 2023, 05:52:48 PM
 #46

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

In Q1 next year, we will see a halving of Bitcoin (BTC), usually, this will increase the price of Bitcoin (BTC) because the Bitcoin (BTC) that will come out of each block will decrease, in this case the addition of $BTC supply will slow down. If the price of Bitcoin (BTC) rises, of course there will be pairing in the market which will have an impact on increasing the prices of various top altcoins, so I think now is the right time to accumulate top altcoins like $BNB, especially for $BTC itself.

R


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February 25, 2023, 06:08:53 PM
 #47

I have been waiting for investing in BNB still pride drop under $250 and right now keep holding until reach to the higher price, many people or investors worry about Binance coins will drop later after Bitcoin have not stable price. I sure when Bitcoin bring back to higher price has potential for BNB back to higher price again.

Still get positive feedback with CZ as the Binance coin owner and seems potential when CZ make new tweet about how potential with BNB automatically price will up, not bad if invest money in Binance coin because they have back with Binance as top global exchange market and have good reputation right now.

With the way Binance is moving, I mean the business. The chance that it will grow is not by far, if you have spare money and you
believe that BNB will increase its value, then buy and hold is your best option.

It's more on your own analysis, even there are recommendations and speculation that it will provide a good amount of profits,
everything should be depends on how you do your research.

Analyze then conclude if you are willing to take the risk for this project.
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February 25, 2023, 11:26:51 PM
 #48

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

I am not advising you to buy BNB now but I want to share my expectation on BNB.  So far I believe BNB will be the next big thing in the next bull run.  ETH had already mooned so I think BNB will be the next one to enter $1k+ price.  There are lots of development going on with Binance.  They are ever expanding their global position, they even apply for the license in my country just to make sure that they are doing it right.  If this plan of BNB succeeds, there is no other way for BNB but to go up.  Also, BNB already suffered a crash and is now at the recovery phase.  So I guess it isn't late to buy BNB, if it crashes, just DCA.

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February 25, 2023, 11:34:52 PM
 #49

What is happening with bnb today is exactly what its competitors (Binance competitors) were seeking, and the US authorities came and presented it to them on a plate of gold.  There is fear and panic sweeping the stablecoin market after Paxos was released from continuing to work for Binance. Any normal event may be interpreted in different ways, and this is not in favor of bnb at all.

R


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February 26, 2023, 02:19:16 AM
 #50

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I don't know if it's too late to buy BNB now or if it's not too late for you but right now, the price is on the decline and I thought maybe you could buy some. But if you are hesitant to buy BNB, I suggest you look for other coins with the same increasing chance. The consideration is that BNB prices are already high, although they could go even higher if there is an altcoin season. And if you still intend to buy BNB, make sure you buy at a price below $300 because that was the previous lowest price of BNB.

If you believe in BNB and dig into it, and learn about its quarterly burning mechanism, you will find the current price is not expensive, and it is still the best upside potential altcoins in topcoin. The risk of BNB is that it belongs to Binance and it is too centralized. I believe the majority of nodes of the BNB blockchain are being managed by CZ and are not distributed like ETH or other altcoins, and if Binance crashes, BNB will definitely be inevitable.
It might not be that expensive for some, but for others, BNB is now $300 and people might think it's better to invest in a cheaper coin. Yes, at least they can analyze themselves to find out whether they need to have BNB as their investment or choose another coin as their next investment. But as long as BNB still provides profit opportunities, I will still use it as a short and medium term investment. And when the price can reach under $300, that will be a good time to buy BNB.

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February 26, 2023, 02:43:54 AM
Merited by The Sceptical Chymist (4)
 #51

There are many things that you need to analyze before deciding to buy or invest in a coin. even on top coins like BNB.

One example is by looking at the Roadmap that the project is currently running. latest adoption/accumulation rates and such.

Many articles analyze the BNB coin. so it won't be too difficult to analyze this BNB coin to see its future potential.

some that I read from an article1 is
- BNB has launched a new storage network (BNB Greenfield)
- BNB in ​​2022 has successfully launched Parallel EVM v1 & Parallel EVM v2, and I read that Parallel EVM v3 will be launched in 2023.
- In 2023 there will also be an increase in the network gas limit, that is, from 140 million it will be increased to 300 million. (there will be an increase in transaction speed and gas limits) and it looks like this will indeed attract more users. because of course we will be more comfortable with faster transactions.

And there are many more developments about BNB.
Please explore more so you are sure to enter and invest in this project.
---------------------
Reference:
1.Article from the site: https://ambcrypto.com/ With the title of the article: ALTCOINBinance’s 2023 roadmap and BNB’s reaction: All you need to know


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February 26, 2023, 03:52:12 AM
 #52

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I don't know if it's too late to buy BNB now or if it's not too late for you but right now, the price is on the decline and I thought maybe you could buy some. But if you are hesitant to buy BNB, I suggest you look for other coins with the same increasing chance. The consideration is that BNB prices are already high, although they could go even higher if there is an altcoin season. And if you still intend to buy BNB, make sure you buy at a price below $300 because that was the previous lowest price of BNB.

If you believe in BNB and dig into it, and learn about its quarterly burning mechanism, you will find the current price is not expensive, and it is still the best upside potential altcoins in topcoin. The risk of BNB is that it belongs to Binance and it is too centralized. I believe the majority of nodes of the BNB blockchain are being managed by CZ and are not distributed like ETH or other altcoins, and if Binance crashes, BNB will definitely be inevitable.
It might not be that expensive for some, but for others, BNB is now $300 and people might think it's better to invest in a cheaper coin. Yes, at least they can analyze themselves to find out whether they need to have BNB as their investment or choose another coin as their next investment. But as long as BNB still provides profit opportunities, I will still use it as a short and medium term investment. And when the price can reach under $300, that will be a good time to buy BNB.

If talking about investing in altcoins, besides ETH and BNB, what do you think is cheaper and safer than these 2 coins? To judge whether a coin is expensive or cheap, do not judge by its price, consider other factors such as potential, use cases, and supply...Like bitcoin, it is currently the highest priced coin on the market, but in terms of supply and utility, no other coin can compare, and its current value is still not the real value of it. It is worth a hundred times more now, so it will grow even more in the future.

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February 26, 2023, 05:01:05 AM
 #53

Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.
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February 26, 2023, 12:00:22 PM
 #54

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I won't say it was too late or not, but buying BNB is a good idea. If you don't have any of them, you better not waste your time and buy now.

BNB is one of the promising crypto project which is means that investing this will certainly give you a profit in the future. Of course, we can't just think about quick returns, holding seems needed in order to make it possible. Might it drop this year, nobody knows exactly but as long as you are holding until the next Bull season then there is no problem with that.

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February 26, 2023, 02:14:29 PM
 #55

Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.

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February 26, 2023, 03:29:30 PM
 #56

No time is ever too late to buy any crypto; it is just your decision to make, not minding what the Fed or any government is saying or what its target is against that crypto; if your analysis proves otherwise, then I advise you to buy it. 

FUD is FUD. If binance/busd down then whole crypto will be dead.
Are you typically saying that Binance's BND is what's holding the entire crypto market? 
Binance is a big exchange, and even if anything were to happen to Binance BUSD or BNB, it would only affect the crypto market for a while, just like what happened in the FTX incident in the past, but that wouldn't mean it was the end of crypto. We have already recovered from that, and we can also recover from whatever might come our way. Crypto enthusiasts are way wiser now. 

R


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February 26, 2023, 05:24:30 PM
 #57

Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.
BNB is a good coin and it is way ahead most altcoins for sure, but just as we have seen with the FTX exchange those kind of tokens can collapse in days, and while I do not expect this to happen to BNB any time soon the possibility is always there and we must never let our guard down, if you can do that and you can keep track of BNB and the news surrounding the exchange then this is a very profitable coin in which you can invest, and you should do so before its price gets even more expensive during the next months.
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February 26, 2023, 06:57:04 PM
 #58

Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.

If aiming for long-term investment with a wide support from the community, we can secure that BNB is one of the best asset to invest
your money. With the current rankings, BNB is still in place.

Though there are factors that you still need to consider before deciding, but if you are into holding there's no doubt that you can use BNB as good long-term asset.

Take time to continue your DYOR, then decide if you feel that you are comfortable to hold and wait.
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February 26, 2023, 07:19:40 PM
 #59

Bnb is my favorite token because BNB me many times Gave profit in many ways.Once when it was $40 it made a big profit and again a few days ago when it was close to $200 it made a profit. That's why I have the highest confidence in BNB over other coins that I believe will once again deliver a huge profit.If btc hits 30k then huge profit level will stand.And if Bitcoin can hit 60, then gold is in the offing Then the level of profit will be so high that losses in other investments will be recovered Undoubtedly, BNB will once again bring us huge profits.

it is not only about the increase on its price, but it is the dev team behind BNB that makes it out stand than most alts. so for me, if you think this has better future, buy some right now. it is better than most alts. and the foundation is rock solid with backing of top exchange and known founder, CZ. i don't think he will ruin his reputation by abandoning his platform without prior notice to its customers.

If aiming for long-term investment with a wide support from the community, we can secure that BNB is one of the best asset to invest
your money. With the current rankings, BNB is still in place.

Though there are factors that you still need to consider before deciding, but if you are into holding there's no doubt that you can use BNB as a good long-term asset.

Take time to continue your DYOR, then decide if you feel that you are comfortable holding and waiting.

I certainly agree with it. Rather than risking in other non potential coins especially nee projects, better stick to BNB which has proven us a lot. We can't question why it has a big community simply because lots of investors trust it.
We can't also deny the fact that it could boom during the bullish season so it will be a perfect choice when it comes to long term holding. BNB is one of the best coins that has provided me promising profit all through out the years.
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February 26, 2023, 11:28:32 PM
 #60

if you're not constrained with BNB ecosystem then I'd say investing in aptos and other similar newer coins might be significantly more beneficial for you for the long term since they are the ones that gonna get massive increase in value. I think BNB will just stuck nowadays, many project are actually using the newer blockchain because these newer blockchain are the trend, but maybe eventually BNB will also rise.

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