Should I buy BNB now?

[Uruhara]

If you want to buy BNB right now i think it very risky because the problem between SEC and Binance is very intense. But if you dare to take the risk and believe with the binance will gonna win against the SEC then you can throw your money to buy this coin.

Maybe you're right. As long as the SEC vs Binance case is not over, holding BNB will indeed become more risky. but I read the developments regarding the case and it seems that the SEC has not brought any evidence for the accusations he leveled against Binance there or maybe the evidence shown is still not enough. Even a fund freeze proposed by the SEC has been rejected and Binance US Funds are not frozen even while remaining under the strictest supervision of the SEC. but I think that's good news for Binance. because it looks like Binance is getting closer to proving their possible innocence.

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[carlisle1]

No one can predict the future, least of all market forecasts but if you have faith in the future capabilities of bnb then you could give them a chance, obviously never invest more than what you are afraid of losing

Simply and precisely, if you believe that the market for BNB will continue to rise even there's a struggle or there's issue
then better to put your money into this asset.

But the general rule is never to invest what you can't afford to lose or if you are unsure, it's better to think twice and do more research.

It's your money that you are protecting. Make a deeper research and do your diligence to assess
what opportunity you have when investing your money.

[newdevices]

If you want to buy BNB right now i think it very risky because the problem between SEC and Binance is very intense. But if you dare to take the risk and believe with the binance will gonna win against the SEC then you can throw your money to buy this coin.

Look at BNB now, the price is not recovering even though the Bitcoin price has risen to $ 30k,
this is why we have to avoid altcoin projects that are in trouble, this case is the same as XRP,
when Bitcoin experiences a pump, XRP has no reaction, and it can even dump.
Maybe BNB will also experience the same thing with XRP.

[hitsnorth]

If you want to buy BNB right now i think it very risky because the problem between SEC and Binance is very intense. But if you dare to take the risk and believe with the binance will gonna win against the SEC then you can throw your money to buy this coin.

Look at BNB now, the price is not recovering even though the Bitcoin price has risen to $ 30k,
this is why we have to avoid altcoin projects that are in trouble, this case is the same as XRP,
when Bitcoin experiences a pump, XRP has no reaction, and it can even dump.
Maybe BNB will also experience the same thing with XRP.

Yes, you're right. Also, I think buying coins or tokens that are related to exchanges is dangerous. If Binance really doesn't have all users crypto it will die, and BNB will die with it.

[yazher]

I think now would be a poor time to invest in BNB. Sure, they say to buy when there’s blood in the streets and Binance has definitely been dragged lately. I think the likelihood of any big move in the price of BNB is toward the downside though. After Luna and FTT you really can’t be too careful. I would avoid.

The good thing about it when they will recover in the future because if they are gonna win against SEC, their coins will surely get popular because even the SEC can do nothing against them. Some coins already gave up by their owners due to the fact of they cannot counter the SEC trials and they don't have enough resources to prove their innocence so in the end, they ended up postponing every development and lose their project as well because no one will be interested in their coins anymore.

[kevindjunaidi]

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

if you really want to invest in BNB for the long term, then now you are allowed to buy BNB, because the current BNB price has not yet reached ATH (still below the ATH price), so if there is a bull run in the near future, then you can already make a profit from investing in BNB, because I believe that if a bull run occurs, the price of BNB will reach ATH again or even create a new ATH price.

[lobo13hf]

i would wait and see with the current lawsuit binance facing, everyone know the relation of this BNB coin with the platform is massive one.
so the lawsuit might affect it heavily and currently things are still very much unclear that I think its unwise investing in BNB.

[Nazmul012]

Binance coin (bnb) already prove its potentiality and gain today's position with huge hard work. Its upto you when you willing to buy this coin but bnb deserves to get added itself in your portfolio. Although us government pressurize binance cz to accept their policies and go ahead with their guild line, which is not good and effect will be seen on bnb price. Even bnb didnt raise up well in recent small waves of bull market. So it may go below as you doubt, so minimize your capital if you want to invest bnb seriously or wait for the result if possible

[nimogsm]

Binance coin (bnb) already prove its potentiality and gain today's position with huge hard work. Its upto you when you willing to buy this coin but bnb deserves to get added itself in your portfolio. Although us government pressurize binance cz to accept their policies and go ahead with their guild line, which is not good and effect will be seen on bnb price. Even bnb didnt raise up well in recent small waves of bull market. So it may go below as you doubt, so minimize your capital if you want to invest bnb seriously or wait for the result if possible

I don't think the litigation will last that long but what can I say with a high degree of probability CZ will come out victorious. But even in this situation, there are advantages, and the first of them is the price of bnb, which is now very attractive. After the proceedings are over, the price will go up and there is no doubt about it.

[carlisle1]

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

if you really want to invest in BNB for the long term, then now you are allowed to buy BNB, because the current BNB price has not yet reached ATH (still below the ATH price), so if there is a bull run in the near future, then you can already make a profit from investing in BNB, because I believe that if a bull run occurs, the price of BNB will reach ATH again or even create a new ATH price.

Yeah, especially if the team manages to win that issue against the SEC. If CZ takes care of those issues, then expect that in the
anticipated bull season, the value of BNB will increase.

It will depend on how much you really trust the team and how good you are at anticipating the situation to decide if you will buy and hold.
If the market is on the side of CZ, expect a good return when a strong bull run arrives.

[WalkerIVIV]

I guess just accumulate it if you're so sure despite lawsuit I think BNB value is already pretty much stagnant from long ago now it's even getting down a little.
I think if you truly wanna accumulating it, just try DCA, overtime I think you can figure out at which direction this coin gonna be.

[Dessy88]

I don't think the price of the bnb can drop that much and you can buy at that time. BNB marketing is expanding rapidly and their number of investors is increasing every day so you will never get a big dip. If you don't want to buy now then you can trade where your profit will be less but you won't be short of money.

[SlimShadyMmp]

Binance is going to court with the SEC I think it will get bloody between the two of them but still my suggestion is Timing your entries will be very essential in order to get maximum profit If binance successfully win its case or manage to come to an agreement then cudos We might see some green days

[jossiel]

I don't think the price of the bnb can drop that much and you can buy at that time. BNB marketing is expanding rapidly and their number of investors is increasing every day so you will never get a big dip.

They don't need any marketing anymore because BNB is already famous and the reach that it has got is too wide.

If you don't want to buy now then you can trade where your profit will be less but you won't be short of money.

If someone is long term on BNB, he has to take note that the time now is a considerable time to buy. Before the bull run, everything is cheap.

And when that comes, you might never see the price that it has been before and I've seen it happen for some altcoins and possible for BNB.

[Panos Markovits]

No one can predict the future, least of all market forecasts but if you have faith in the future capabilities of bnb then you could give them a chance, obviously never invest more than what you are afraid of losing

Each of us has instincts, moreover, if it is a coin that we are interested in, surely we can monitor how much it goes up, how high, how high and how low it falls. So. In my opinion, follow your instincts and wait for the right price to go in and buy it with BNB. even though it's still in the cheap category. The principle of buying is a low price. not at the top.

[piyu_h]

BNB  is one of major coin . so I think it will be passed 500$one day . But I can't say actual date . But surely It's not a dream . It's a real . Binance launching so many launch pad then BNB will demand . BNB using lots of project to create their tokens  , that's why I think BNB passed 500$ , oneday . Not a financial advice , do your own research ...

[petulino]

BNB  is one of major coin . so I think it will be passed 500$one day . But I can't say actual date . But surely It's not a dream . It's a real . Binance launching so many launch pad then BNB will demand . BNB using lots of project to create their tokens  , that's why I think BNB passed 500$ , oneday . Not a financial advice , do your own research ...

You are right that BNB is a top exchange currency, and a good coin for investment.BNB is also good for short term and if invested for long term also expect excellent returns. Many traders are trading in it even for short term and earning good profit. I think it is not so easy to cross $500 in one day but in future it will cross $500.Binance Exchange often launches Launchpad. Where tokens are given for holding BNB. Due to which the price of BNB often increases. However, instead of relying on a single token, it would be a good decision to invest in different tokens. One should always look for a good and solid project as there are many new and old coins in the market right now. Our good choice can give us a good profit.

[gurunanakji777]

I will say this: if you believe BNB is a good coin with the potential to rise, you should buy it instead of seeking others' opinions. However, since the SEC declared many coins as securities, the growth of several coins, including BNB, has been hindered. BNB hasn't seen a significant rise since then, but in my opinion, it's still a promising coin. There has been some movement in the market recently after XRP was removed from the security category, bringing a positive impact.

[carlisle1]

I don't think the price of the bnb can drop that much and you can buy at that time. BNB marketing is expanding rapidly and their number of investors is increasing every day so you will never get a big dip.

They don't need any marketing anymore because BNB is already famous and the reach that it has got is too wide.

In terms of popularity, I guess you are right, BNB as a platform already gains a lot of attention, though in terms of the coin itself,

still need that support and if marketing is one of those good ways to attract more investors and supporters
they should still consider promoting the project itself with all the features and usages.

If you don't want to buy now then you can trade where your profit will be less but you won't be short of money.

If someone is long term on BNB, he has to take note that the time now is a considerable time to buy. Before the bull run, everything is cheap.

And when that comes, you might never see the price that it has been before and I've seen it happen for some altcoins and possible for BNB.

It's timing to invest that matter in every project/coin that you will going to invest in, with good anticipation you'll be able to earn decently.

[Ahli38]

I will say this: if you believe BNB is a good coin with the potential to rise, you should buy it instead of seeking others' opinions. However, since the SEC declared many coins as securities, the growth of several coins, including BNB, has been hindered. BNB hasn't seen a significant rise since then, but in my opinion, it's still a promising coin. There has been some movement in the market recently after XRP was removed from the security category, bringing a positive impact.

So true. And actually BNB is one of the Altcoins that hasn't had a high rise again after last season's bullish season. So it can be said that currently the price is still in a decent area for accumulation. but that's just from my point of view. Everyone has a different view of course about this. so DYOR.

I personally see the potential for BNB whose supply will decrease due to routine burning. Even recently BNB has Burned their coin back almost 2 million coins.

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