Should I buy BNB now?

[Oneandpure]

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.

Sourch:twitter Binance

Still not have good impact yet with BNB coin after burning and last launchpad Binance grow up few percent but going drop again after launchpad finish. I have been one month have to hold BNB coins due price going drop drastically from investing in $320 and current price today $240. Disappointed with BNB coin not have good progress almost one month price keep going down and don't have good progress how to make BNB move up above $300. Burning supply with BNB not effective yet because other side they have unlock more bigger supply than burning supply coins, I think BNB need have new ideas how make launchpad twice in a month and BNB potential back to higher price again.

[RewFrew]

BNB is best currency i think. It is own coin of Binance. It’s future is bright there has no doubt. Two years ago BNB price was ATH then BNB price hit $690. It is highest price for bnb. Now bnb price near about $250. It's price will increase there has no confusion. I think BNB is best coin for investment. If anyone invest on bnb he will must be benefited.

So i can advice you if you want to invest on crypto currency you can invest on bnb. I think when bull session will come then BNB price will go new ATH. And easily bnb price will hit $1000 within short time. So you can buy BNB without confusion.

[timoshani]

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.

Now it is difficult to speak this or that news, or the action had an impact on the fact that the market is not particularly moving. We can say that now we are seeing a time of freezing or lull. But this is always before a decline or growth. Therefore, everyone decides whether to take risks in this regard. You can distribute promising coins for investments for yourself by risk level. And already chosen. But it is mandatory to invest no more than 30-50% of your portfolio.

[VFalcon]

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

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[yazher]

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.

The good thing about them is when they are facing these calamities, they don't seem to find a reason to stop their development and updates because they know that they are truly legit and doing all they can to both give their investors the best product they could get and at the same time not putting their company at risk by doing any illegal activities. The only risk you take to invest in their coins is low but the profit is also not that high since they are not going anywhere at the current time because of the SEC's pressure against them. maybe after they are one with SEC, they will gonna earn massive numbers of investors which will gonna be the reason for their coin to pump up.

[Zaichonok]

Now it is ver difficult time for Binance. But Binance have already made a lot and this exchange have already proven that it can solve its problems. So I think that everything will be OK with Binance and BNB.

[Hildentine]

According to my experience is that bnb is a very strong project but according the situation I can't suggest you buy because its not clearly chance that are up in this year in this time investment are so risky.

[QueenVera]

So i can advice you if you want to invest on crypto currency you can invest on bnb. I think when bull session will come then BNB price will go new ATH. And easily bnb price will hit $1000 within short time. So you can buy BNB without confusion.

Buying BNB at $250 is a good decision because when BNB gets to $1k that means you made 3x on your investment and I think $1k is the least BNB will trade during the end of the bull market. I think we can see BNB trading between $3k to $5k because of the potential of the coin and the constant burning of the circulating supply that the team is always doing quarterly.
The quarterly burns increases BNB scarcity and increase the demand of the coin by investors, also since BNB is needed to participate in launchpad tokens, people are holding BNB for that purpose and it's also reducing the circulating supply that's available for trading. And too we have investors that have staked millions of tokens when combined together.
BNB should be among the coins you'll be buying for the bull market and now is the perfect time to start accumulating them because soon they'll be worth more than it's currently trading. BNB is high value project but still have big potential since it isn't costly yet but that won't last for too long because as the bull market get closer more investors will be buying BNB

[Zee27]

So i can advice you if you want to invest on crypto currency you can invest on bnb. I think when bull session will come then BNB price will go new ATH. And easily bnb price will hit $1000 within short time. So you can buy BNB without confusion.

Buying BNB at $250 is a good decision because when BNB gets to $1k that means you made 3x on your investment and I think $1k is the least BNB will trade during the end of the bull market. I think we can see BNB trading between $3k to $5k because of the potential of the coin and the constant burning of the circulating supply that the team is always doing quarterly.
The quarterly burns increases BNB scarcity and increase the demand of the coin by investors, also since BNB is needed to participate in launchpad tokens, people are holding BNB for that purpose and it's also reducing the circulating supply that's available for trading. And too we have investors that have staked millions of tokens when combined together.
BNB should be among the coins you'll be buying for the bull market and now is the perfect time to start accumulating them because soon they'll be worth more than it's currently trading. BNB is high value project but still have big potential since it isn't costly yet but that won't last for too long because as the bull market get closer more investors will be buying BNB

No fud but I really do not see this happening especially with Binance having issues with the SEC and having exited the the US Canadian markets. Some of their features have been halted in Australia as well and from the recent review by TokenInsight I think BGB is a more viable investment for me.

[Shamm]

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

In reality it's up to us if we buy this season as we all know that every one of us want to get profit in the future so in my own perspective I do believe that It's still worth it if we buy some BNB for now because BNB is one of the best coin to invest and also when I buy BNB then for sure I will hold BTC too cause once the price of BTC will rise then there's a chance that the price of BNB will rise too.

[jacafbiz]

With all the FUD that Binance has suffered, the exchange is still the main exchange in the space shows something, that Binance is here to stay. The token dumped seriously and the price has not caught up with the recent pump in the market, out of all the top project in the space in terms of fundamentals BNB is still the most undervalued, they are launching new L2 soon, as we enter the bull market there will be increase in number of projects listed on Launchpool and Launchpad all these will drive the price up, this is a free 10X to me the risk to reward is very low, and I will be adding to it with time, especially if the price dumped

[I_RodimusPrime]

With all the FUD that Binance has suffered, the exchange is still the main exchange in the space shows something, that Binance is here to stay. The token dumped seriously and the price has not caught up with the recent pump in the market, out of all the top project in the space in terms of fundamentals BNB is still the most undervalued, they are launching new L2 soon, as we enter the bull market there will be increase in number of projects listed on Launchpool and Launchpad all these will drive the price up, this is a free 10X to me the risk to reward is very low, and I will be adding to it with time, especially if the price dumped

Yesterday brought 2 BNB, I will buy more once it hit back again 180-190$ area.

[Franctoshi]

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 focusing on another promising project like TON.

Yes, same thought here mate, the lawsuit case will have a slow growth impact on the price of BNB in the coming bull run, just as what happened to xrp, though BNB has more use cases than xrp currently because of its use in paying gas fees,  maybe think of investing a small portion of your fund in BNB if you care and look for a more promising coin.

[|MINER|]

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

If go back to 2021 market of Cryptocurrencies then you will saw that the BNB touch it's all time high price at 690 us dollar. And if you look at the current market then you will see that the price of BNB is now At about 237 us dollar, so you can see that the difference between it's all time high price and the current price. And one thing I want to also say that no one can assure that how will be the situation of future market. In this case I don't think 237 is a bad price for gaining some good profit. So my suggestion for you you can invest in BNB coin now and it should be for long run until the next halving of Bitcoin or touch the next bull run

[Tomcolor]

You should first decide how long you want to earn profits. If you want to hold bnb for long time then you can buy but for short term holding you should buy bnb at dip price. Actually dip means you can never buy more low so you have to catch some red signals. They have long run market history so you can hold very long time with highest safety.

[Wahyuihib]

buying BNB is a personal right that you own.  So nothing can influence you to buy BNB or not.  meaning whenever you want to buy this coin, please do it.  because to expect a price reduction too for now is very difficult

[Pithaxz]

Bnb is a utility token for Binance that offers various advantages to traders. If you decide to purchase it for this purpose, I recommend doing so in particular to take advantage of the discount if you are a regular trader. Launchpad is another option; it represents BNB's sweet side. You will receive a ticket for the Binance Launchpad when you possess a particular quantity of BNB, and if you are chosen, you will be paid a respectable sum. If you're buying as a diamond hand, buy it now when the price is lower, then move it to your external wallet in preparation of the next bull run.

[OgNasty]

The only reasons to buy BNB now is if you want to help keep Binance from going under, or you want to help stop Bitcoin’s decrease in value by helping Binance keep BNB’s price afloat so they stop dumping (possibly customer owned) Bitcoin on the market. If you’re investing in BTC for profit, the odds are rather high that you will lose all your money, so be aware of the risk you’re taking on.

[Romeotom]

If bnb coin price is low now then you can buy but according to your ability. Currently bnb coin is very popular and their marketcap is huge. Their project has been doing business in the market for a long time and indeed they are long time. Moreover they have some standard several systems where you will get profit. I may be able to explain it with logic but in simple terms you should understand that it is dependent coin.

[siniminomorocomunisakito]

If you monitor market movements, prices always tend to fluctuate erratically and people have the option to get around this by using a strategy called dollar cost averaging (DCA), which can help mitigate the impact of short-term price movements.

Exactly right. and it is not surprising that most people today choose to invest gradually over time. For BNB, I think it's good and don't delay it any longer.