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Author Topic: Should I buy BNB now?  (Read 2892 times)
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January 08, 2024, 11:23:18 AM
 #361

Well BNB coin is now less then $300 and it still has hire marketcap then Solana. And in the last month the BNB chain has more activity then the Ethereum blockchain.
https://ambcrypto.com/bnb-chain-booms-with-user-activity-while-ethereum-falls-behind/
Well, It is just $1 below $300. but I don't think that really matters. BNB is still very bullish, the all time high was above $600 and it is still more than 50% below the all time high.
I think in next bull run which is expect to come within this year 2024. BNB will cross it is all time high.


Well BNB coin is now less then $300 and it still has hire marketcap then Solana. And in the last month the BNB chain has more activity then the Ethereum blockchain.
https://ambcrypto.com/bnb-chain-booms-with-user-activity-while-ethereum-falls-behind/
I was surprised to see that BNB has surpassed Ethereum last month but when I read the article it is for the user activity and not the market price. Because the market price of Ethereum is 2,212.75 while BNB is 298.0 so Ethereum is the second highest cryptocurrency in the ecosystem. Solana is one of the good altcoins which has good value in the system or industry. As of now the users activities BNB is doing well more than Ethereum.

Did BNB really crossed Ethereum's marketcap last month? I was not aware of that until now or maybe you misunderstood Ethereum with Solana. BNB just crossed Solana's market cap. not ethereum.
Ethereum is way ahead in this reace for now.

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January 08, 2024, 01:24:03 PM
 #362

Well, It is just $1 below $300. but I don't think that really matters. BNB is still very bullish, the all time high was above $600 and it is still more than 50% below the all time high.
I think in next bull run which is expect to come within this year 2024. BNB will cross it is all time high.

Considering their strong development and some solid updates in the future, they are one of the best choices to invest if you want to invest in altcoins along with bitcoins. Despite their problem with the SEC, they still managed to run their platforms and fixed everything without getting some FUDS ruining their company this is one of the best indications of a trusted altcoin but unlike other new ones, I don't think it can get a more high price when the crypto market will explode due to bull runs in the near future because they already reached their ATH and they will need another innovative update in order to make that happen again.
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January 08, 2024, 02:03:30 PM
 #363

Well, It is just $1 below $300. but I don't think that really matters. BNB is still very bullish, the all time high was above $600 and it is still more than 50% below the all time high.
I think in next bull run which is expect to come within this year 2024. BNB will cross it is all time high.

Considering their strong development and some solid updates in the future, they are one of the best choices to invest if you want to invest in altcoins along with bitcoins. Despite their problem with the SEC, they still managed to run their platforms and fixed everything without getting some FUDS ruining their company this is one of the best indications of a trusted altcoin but unlike other new ones, I don't think it can get a more high price when the crypto market will explode due to bull runs in the near future because they already reached their ATH and they will need another innovative update in order to make that happen again.

SEC or no SEC, BNB is still a valid cryptocurrency we can invest on this time, for the fact that it has shown a good performance this recent days is another reason to believe and know about what we should expect the subsequent times coming, just as we have expected the market already to surge higher before the end of 2023 a s everything almost came through as expected, we can also do more better this time around in seing more from BNB before the approval of bitcoin ETF or halving.



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January 08, 2024, 03:58:51 PM
 #364

SEC was trying their best to make sure that tokens should not see the light of the day but we thank God the management was also good enough to tackle some of the things needed to keep the project running. The matter what BNB is one of the best to invest in the cryptocurrency space and the token is having value in every bull run so investing in BNB now is one of the option as of now.

Did BNB really crossed Ethereum's marketcap last month? I was not aware of that until now or maybe you misunderstood Ethereum with Solana. BNB just crossed Solana's market cap. not ethereum.
Ethereum is way ahead in this reace for now.

I didn't not say BNB over cross Ethereum last month, I said, I was also surprised seen the comment from mich but later I came to understand that it was the users activities and not in the market cap.

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January 08, 2024, 05:13:23 PM
 #365

The price of BNB have really gone high -snip-
BNB price is still cheap enough, it is around $300. The ATH is $686, he current price isn't a half of its ATH. So, it is a bit strange if you state that it is a high price.  Huh

I think it is not still a bad idea to invest,  BNB  is one of the profitable altcoins I know with a good market value,
Sure. BNB is one of the top altcoins and it has a very good history. BNB also has a clear fundamental, so it is always good to invest in BNB. Although there is a bad issue about Binance exchange, BNB looks strong enough to survive and increase its price.

but this time if one is going into investing it will be better to invest the amount you can afford to lose, and never to be so attracted to the increase of price which will make one to be greedy to invest a big amount of money.
We must always invest in the amount of money that we afford to lose. We don't force to invest with the money we used for basic necessities. Investing in altcoins are risky, it is only recommended to use safe money. We also don't invest in BNB or other altcoins with loan money. There is no guarantee to take good profits, this is a high risk investment.


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January 09, 2024, 04:08:17 AM
 #366

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

Of course, new investors will always appear all the time.  If we consider that today is not the right time to invest in BNB or other crypto, what will happen in the future if the price of BNB experiences a sharp increase?  Therefore, it is never too late to invest in crypto with potential, the most important thing is to understand the risks

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January 09, 2024, 06:36:48 AM
 #367

Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
There is still plenty of time to invest in BNP Coin as the price of BNB Coin is only $302 right now. I think the BNB coin price is low enough now that you can buy it now if you want. Bitcoin halving is very close After Bitcoin halving bullrun will start in the crypto market then the price of most of the coins in the market will increase even the alt coins will increase in price. So it can be said that when bullrun starts in the market the price of BNB coins will increase.

BNB is still very bullish, the all time high was above $600 and it is still more than 50% below the all time high.
I think in next bull run which is expect to come within this year 2024. BNB will cross it is all time high.
The price of BNB Coin reached a maximum of $691, which may have been the highest price in the history of BNB Coin. I agree with you that this coin may go back to its previous position when the bullrun starts in the market.

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January 09, 2024, 06:53:07 AM
 #368

The price of BNB Coin reached a maximum of $691, which may have been the highest price in the history of BNB Coin. I agree with you that this coin may go back to its previous position when the bullrun starts in the market.

Yeah the price of BNB is still low at the moment and before the next bull run it will be a good idea to start investing in BNB. It is one of the coins which apart from the good price does give its investors a decent return if it is staked. If you stake on Binance exchange you would get a higher return on the staking value. The other good thing about staking it on Binance is that you become eligible for airdrops of new coins that will be listed on the exchange.
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January 09, 2024, 07:12:17 AM
 #369

The price of BNB Coin reached a maximum of $691, which may have been the highest price in the history of BNB Coin. I agree with you that this coin may go back to its previous position when the bullrun starts in the market.

Yeah the price of BNB is still low at the moment and before the next bull run it will be a good idea to start investing in BNB. It is one of the coins which apart from the good price does give its investors a decent return if it is staked. If you stake on Binance exchange you would get a higher return on the staking value. The other good thing about staking it on Binance is that you become eligible for airdrops of new coins that will be listed on the exchange.

I don't know if it will be very interesting for people to invest in BNB. The coin is related to the development of the Binance exchange. if something happens to the exchange then the risk will also impact the coins.
The growth potential of the BNB coin is extraordinary. and the development of the Binance exchange is very large. but there was news at the end of last year that the founder of Binance finally had to resign and live temporarily in the United States. Binance has very strong financials. If not, perhaps this stock exchange would have been destroyed and many investors would have lost.
I don't rate the BNB coin and the Binance exchange as bad. but we can make several considerations before investing.









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January 09, 2024, 10:12:08 AM
 #370

As far as I understand from my little knowledge, whenever you are ready to invest in crypto, that is the right time for you to invest. If you are interested in investing in BNB, you should never wait for the price of BNB to go down. Because BNB is a good basic currency which is very loved and known by all investors. There is no chance that BNB could be a huge dump. The value of BNB is likely to increase over time. So I think it's better to invest in BNB now as the profit share depends on buying BNB all the time.

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January 09, 2024, 02:29:22 PM
 #371

NFA
Binance is giving interesting APR through launchpad when you hold BNB in the platform so it can be interesting to have a small % of your portfolio.
To be honest, it's what I do.
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January 09, 2024, 10:16:21 PM
 #372

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

Of course, new investors will always appear all the time.  If we consider that today is not the right time to invest in BNB or other crypto, what will happen in the future if the price of BNB experiences a sharp increase?  Therefore, it is never too late to invest in crypto with potential, the most important thing is to understand the risks
That is while you don't need to take any permission from anyone before you can as well invest in any coins you want to invest on, its very obvious that investing in bitcoin have to do with precautions likewise other altcoins, their no time someone invest in a coin that have a potential that is waste of time, the thing is that when you invest try to exercise a patients so that the coin will rise and you make a profit, that is the reason while I always emphasise on long-term investment and investigation before you invest



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Wiwo
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January 09, 2024, 10:30:12 PM
 #373

The call is on you man,  no one will teach you what to do with your money and this is investment and as you know,  cryptocurrency investment comes with high risk and for that,  many people are against advising others to avoid making them fall into wrong hands and get blamed for that.

That is the reason we always call for doing your own research at all times to avoid getting misled at some point since we may possibly have some members who may be chilling for the coin and will tell you what will favour them and not you.

BNB is already a well-known coin and if you talking about long-term investment,  then I can say choosing the coin may be ok after considering all the risks involved.



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January 10, 2024, 02:37:55 PM
 #374

One should give utmost priority to one's own will or one's interest in investing in cryptocurrency.One should never invest in cryptocurrencies on the advice of others.

BNB Coin is a very well-known coin in the cryptocurrency market. But if you buy this currency and invest for a long time, you can expect good profit. We all expect the bullrun in the market to start in 2024 after the Bitcoin halving, when all coins will go up in price and this coin will also go up in price.

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January 10, 2024, 02:49:52 PM
 #375

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

Of course, new investors will always appear all the time.  If we consider that today is not the right time to invest in BNB or other crypto, what will happen in the future if the price of BNB experiences a sharp increase?  Therefore, it is never too late to invest in crypto with potential, the most important thing is to understand the risks

BNB is one of the currencies I've perceived to have future prospects, we can check through it's performance over the years, it's one of the coins that someone can invest and hold just like Bitcoin and Ethereum and later make some profitable realizations out of it, we can see that from it's recent performance, it has shown to us that there's more to expect in coming days to make it market price move higher above $300 and we can be rest assured in this that after halving, something related may happen.



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January 10, 2024, 08:14:29 PM
 #376

If Bitcoin ETF gets approved today, Bitcoin's price will significantly go up but will BNB follow it? I have opened short position and I am in slight loss, I'm thinking whether risk and leave short position open or close it. If Bitcoin ETF gets approved then Bitcoin will go up but will altcoins like BNB and ether follow too? I'm mostly interested in BNB.

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January 10, 2024, 08:57:18 PM
 #377

One should give utmost priority to one's own will or one's interest in investing in cryptocurrency.One should never invest in cryptocurrencies on the advice of others.
But that's how others are living on this market, living from the tip of the others and they don't depend on their own ability and research.

BNB Coin is a very well-known coin in the cryptocurrency market. But if you buy this currency and invest for a long time, you can expect good profit. We all expect the bullrun in the market to start in 2024 after the Bitcoin halving,
And that contradicts what you've said, now that you've said good things about BNB, they might live with your advise and try to buy it because you said so. Just kidding.

when all coins will go up in price and this coin will also go up in price.
Reality check, many will go up but not all of them.
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January 11, 2024, 03:44:39 PM
 #378

I believe by now you have buy BNB coin, because next Bull Run market is fast approaching and later may regret if you didn't buy and still in a good position to buy more.

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January 12, 2024, 08:58:19 AM
 #379

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

Of course, new investors will always appear all the time.  If we consider that today is not the right time to invest in BNB or other crypto, what will happen in the future if the price of BNB experiences a sharp increase?  Therefore, it is never too late to invest in crypto with potential, the most important thing is to understand the risks

BNB is one of the currencies I've perceived to have future prospects, we can check through it's performance over the years, it's one of the coins that someone can invest and hold just like Bitcoin and Ethereum and later make some profitable realizations out of it, we can see that from it's recent performance, it has shown to us that there's more to expect in coming days to make it market price move higher above $300 and we can be rest assured in this that after halving, something related may happen.
Not only will BNB experience an increase when the Bitcoin Halving occurs, several potential Altcoins will also follow suit, there are many opportunities to gain profits by investing in Bitcoin or other Altcoins, therefore we must remain optimistic, crypto investments can be made at any time
As long as we invest wisely with our abilities and understand the risks, never force and expect big returns

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January 12, 2024, 12:45:25 PM
 #380

I believe by now you have buy BNB coin, because next Bull Run market is fast approaching and later may regret if you didn't buy and still in a good position to buy more.
Yeah rather than regret already the price of bitcoin and ethereum is going up a lot. With less capital BNB can be bought. Because the market is moving fast I also think that the best time to buy BNB is that BNB will reach a good position with the increase in the value of Bitcoin. Many investors are showing interest in BNB due to the rise in value of Bitcoin.

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