Should I buy BNB now?

[TopT3ns]

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.

BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.

[JeffBrad12]

I think BNB is only good for getting rewards from holding it, nothing more, there was no big good events coming from binance nowadays that could drive the increase in its value. instead even their staking rewards also isn't that good anymore. if that is the case investing in ethereum and bitcoin might be a lot better because they are starting to get bullish nowadays.
investing in BNB seems like wasting of money because as history have shown us, this BNB coin isn't rising even in bullish market, I doubt it's gonna have bright future but the fact that this BNB getting backed up by binance is such massive helps for this coin in retaining its value, if not for the fact that this coin is owned by binance I doubt it could even have half of its value, meanwhile bitcoin and ethereum continues to strive.

if you think you could change your choice of investments maybe choosing alternative gonna be better for you.

[ethereumhunter]

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.

Beginners or even those who have been in the crypto world for a long time or people who don't have much capital will look at the prices of the coins first. And if they think it's expensive, they will look for other coins, even though they can buy those expensive coins with a limited amount of money. But if it were bitcoin, it would be different because we have already seen how much potential bitcoin is in the future and that is why bitcoin is still the top choice in investing in crypto.

For other coins that are still cheap but have potential, you can look for them through your research. And for altcoins, I think we have many choices we can use as investments but of course, we have to research before buying.

[Tony116]

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.

BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.

If BNB is too risky to invest in, then I don't think we have any better altcoins to invest in, other than ETH, then BNB is the perfect choice to invest in the altcoin market. All altcoins are centralized and dependent on a certain organization or company, not just BNB. And binance is currently the dominant exchange in the market, if it collapses not only cause the death of BNB but also potentially wipe out more than 50% of this market. That's something no one wants to happen.

[bitzizzix]

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

You can invest in BNB if you feel it will show good growth prospects over time. Also, net profit growth is something to look at before you plan a strategy and implement it.
do your research and analysis before doing it, and if you believe BNB can be profitable especially in the long term that's up to you, and if you are convinced after thorough research, and after that don't mind the price of BNB now because you can buy according to your ability and also gradually.
BNB is in my opinion a good altcoin after bitcoin and ethereum especially for the long term so the decision is yours provided you are willing to do some research before making a decision, and do it for the long term.

[justdimin]

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.

BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.

I wouldn't say that it depends on the "development" of it but how much it is used. Considering it is probably %50 of all trades in all exchanges, and basically half of all the spot trading happens there, I could say that even if it doesn't develop further, if it keeps this up then BNB will stay valuable.

Right now, it is third highest cryptocurrency and it will stay like this as long as Binance is powerful. On top of that, there were tons of "bad" news regarding binance recently and even with all that negative information that people wrote as fact when it was just a rumor, people didn't leave it and the price kept on going higher anyway.

[Silberman]

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.

BNB has a fairly high risk because its price movement depends on the development of the exchange. When compared to some new projects based on BNB smart chains that are not making good progress, BNB is an altcoin that has managed to maintain a high price due to the support of a large amount of demand from the Binance exchange. If there are no good events, it will be difficult for BNB to increase prices.

If BNB is too risky to invest in, then I don't think we have any better altcoins to invest in, other than ETH, then BNB is the perfect choice to invest in the altcoin market. All altcoins are centralized and dependent on a certain organization or company, not just BNB. And binance is currently the dominant exchange in the market, if it collapses not only cause the death of BNB but also potentially wipe out more than 50% of this market. That's something no one wants to happen.

I think the very same thing, investing always involve risk but at the same time this risk can be diminished greatly if we invest in good coins and we keep ourselves alert in the case something happens, and investing in BNB is probably one of the best options we have at the moment, the only problem is that as we know behind BNB there is a centralized institution and if that institution begins to show problems then the value of this token can go down extremely quickly.

[nara1892]

The choice to return to yourself is actually because even in this condition everyone must have an opinion but I suggest not to follow other people's advice too much because the decision to buy or not is in our own hands.
We have to have our own research for that when you are sure then buy but when you feel unsure then don't force it because indeed the best advice is bitcoin if you still want to buy.

[Yatsan]

The choice to return to yourself is actually because even in this condition everyone must have an opinion but I suggest not to follow other people's advice too much because the decision to buy or not is in our own hands.
We have to have our own research for that when you are sure then buy but when you feel unsure then don't force it because indeed the best advice is bitcoin if you still want to buy.

If it is from the majority, then it is worth giving a shot. Remember that the market price is determined by demand and demand on the other hand is determined by majority's engagement on that particular asset.

Also, BNB could be a bigger token in the future given that they are about to relase their next launchpad. It made a huge increase on its price due to its development on the recent years which makes it also a promising token. One of the launchpads are MATIC, ALPHA, LAZIO, PORTO and more (have read on an article). Also, it is an exchanger token which means that as long as the reputation of that exchanger would be remained good, then its downfall would be blurry.

[MiF]

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

I think its all up to you, you can get the others suggestions but you need to make your own decision on investing it is money involve and the one who will suffer is you when it will become failed. Sometimes we wanted to know about what expert think about the particular coin if it is good to hold or to trade but even expert do not know exactly what will happen next to every crypto coin after it rise or fall only one thing for sure you are the one who will suffer if you loss so make a good decision.

[sulendra12]

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

We couldn't expect anything in this year, because the price could drop tomorrow or even to the moon, no one can predict that. But to make sure though, BNB is being used in their exchange called Binance and you can see the use-case of this coin there so the price at least will be maintained to the point it's not going to be worthless. You can jump to invest BNB but still be aware with anything happened.

[Ahli38]

Today we see a very fast correction. But for me this is an opportunity to accumulate more BNB. Because BNB is one of the altcoins that I keep collecting. because I always want to be ready when Binance has Launchpad. But I'm not suggesting anyone to follow what I do. because the current market volatility is very strong. last year in March it still signifies a green market. but it looks like this year the market will likely be a little red. This is due to BTC's sideways position in the 21k-25k area. and in past years in April it has always been a red market. but I hope that this year the market will continue to strengthen and continue to be green. so I think we should still be careful. but I have become accustomed to buying on red and selling on green. DYOR.

[borovichok]

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

I think its all up to you, you can get the others suggestions but you need to make your own decision on investing it is money involve and the one who will suffer is you when it will become failed. Sometimes we wanted to know about what expert think about the particular coin if it is good to hold or to trade but even expert do not know exactly what will happen next to every crypto coin after it rise or fall only one thing for sure you are the one who will suffer if you loss so make a good decision.

You should conduct thorough study before investing in coins. Nothing could convince you to go bagged coins, especially when the market is bearish and the charts and candles are red downtrend candles. It's very easy to bag money on your own; when it hits ATH, you enjoy the gains, and when it hits ATL, you take sole responsibility for the losses and guilt. It all comes down to knowing which highly credible projects to invest in and having strong entrances on cryptocurrencies, whether they are in the dump or the bull. Since BNB is a native token of Binance, it will undoubtedly have a bright future. I am currently holding some of the coins in anticipation of significant gains in the near future.

[juhobtc]

We couldn't expect anything in this year, because the price could drop tomorrow or even to the moon, no one can predict that. But to make sure though, BNB is being used in their exchange called Binance and you can see the use-case of this coin there so the price at least will be maintained to the point it's not going to be worthless. You can jump to invest BNB but still be aware with anything happened.

It seems to me that there is a lot of pressure on Binance right now, this can negatively affect the price of bnb at any time, so it’s better to pay attention to other altcoins now. Bnb has grown in price a lot, but it has not fallen so much compared to other tokens, this is a sign for me that it will continue to get cheaper for tsometime, I would not buy it now.

[carlisle1]

Today we see a very fast correction. But for me this is an opportunity to accumulate more BNB. Because BNB is one of the altcoins that I keep collecting. because I always want to be ready when Binance has Launchpad. But I'm not suggesting anyone to follow what I do. because the current market volatility is very strong. last year in March it still signifies a green market. but it looks like this year the market will likely be a little red. This is due to BTC's sideways position in the 21k-25k area. and in past years in April it has always been a red market. but I hope that this year the market will continue to strengthen and continue to be green. so I think we should still be careful. but I have become accustomed to buying on red and selling on green. DYOR.

A little careful in terms of trying to position yourself, there are takers who will think that the current situation will only take
short span of time and it will bounce back again.

You need to analyze and try to figure something out from the past situation, if there's a good trigger point then you can go and buy.

But if you see that chances to go deeper make sure that you are willing to take that risk in holding on a extended time frame.

[Sorryfor]

~

I think BNB this coin is very good quality which has become very popular in current crypto market. Coins of BNB platform are the most invested. I have already purchased some amount of BNB in my wallet. And I believe there is no risk in investing in this coin for long term.  But if you buy and hold BNB from the current market position, you can definitely expect something better in the future.

[bitkanu]

having some BNB is always good I think accumulating BNB will always giving better yields than other coin not from the rise of its value but from the rewards that you might get, also it's very beneficial if you're long customers of binance services they'd offer many rewards just for holding BNB, moreover it's value usually increase when market is getting better so I think you should accumulate it right now.

[Ozero]

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.

Despite some difficulties that the Binance exchange has been experiencing lately, its BNB coin is very good for investment. Especially now, when the entire market has plunged into crypto winter for the second year already and prices are now relatively very low. Therefore, BNB is now worth buying. At its current price of $289, the price of this coin could again double, or even more.

[trendcoin]

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 right to ask someone else for direct investment advice. Listen to some suggestions but at the end of the day always make your own decisions please.

Binance Coin is one of the coins that I can always add to my list after Bitcoin and Ethereum because centralized exchanges have an important role in this market. In fact, centralized exchanges will always go against the philosophy of cryptocurrencies, but we will continue to need them for some issues. That's why I think I can always have some confidence in quality and powerful projects like Binance. I am not in a buy position for altcoins at the moment, but Binance Coin may be one of the coins on my list.

[Huppercase]

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

I believe that Binance has been unfairly penalized by the SEC for issuing BUSD, and that injustice has recently affected the price of BNB. As a result, I will advise you to exercise patience, identify the support and resistance levels, and buy when the price drops below $300 because it appears that this level has been a strong support, and anything below it will cause the price to drop even further. You should also keep an eye on the SEC to see if they eventually agreed to fine Binance a significant sum. BNB is a nice currency that will appreciate in the future, so if you're fortunate and manage to purchase it for less money, hold onto it for a while.