Bnb after next 5years

[bitterguy28]

Few years ago, didn’t though that bnb could reach such milestone as it is 3rd most invested altcoin in crypto world. But most of exchange tokens are fall down for being useless (only use for discounting exchange fee) as well as after exchange get hacked. So what do you think about bnb in next 5years?
Is it really worth for long investment?  Will it increase like ether or become dump like others exchange coins?

but talking about another 5 years? i think Exchange coin is not that safer for long term , there are lots of attacks against kind of sites and for me ?
i would rather maintain Bitcoin as long term holding such 5 yeas than BNB.
sorry for Binance supporter but this is not the coin for me to be carried for anothe 5 years.

Only bitcoin is worth to be held that long, now some good altcoins like ETH and BNB could be held for periods of one year or less, but you need to keep your eyes open as altcoins can present problems and collapse almost overnight, and while ETH and BNB are way more solid than almost all altcoins, there are still some issues with both of those coins which could make them disappear during the next decade, and you do not want this to happen while you are invested in any of those coins.

Supporting this mate, "ONLY BITCOIN" is the worth trusting for long term though there are some altcoins that we can put on also like those you mentioned .
and if we are looking for another decade(though the question is nfor 5 years term) yet I don't wanna trust exchage coins for that long time.
maybe aiming to buy Bitcoin instead(or etehreum for that sense)

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[andyou1234]

Binance is one of the altcoins that has enormous potential because Binance is one of the altcoins that is very popular with investors and traders, and currently there are lots of bounties using the Binance network, of course because Banance has very low exchange fees. Moreover, so far Binance has remained in the top 10 of the crypto market. If you look at the potential that Binance has, I believe Binance will be able to reach $1000 within 5 years.

[Xal0lex]

Few years ago, didn’t though that bnb could reach such milestone as it is 3rd most invested altcoin in crypto world. But most of exchange tokens are fall down for being useless (only use for discounting exchange fee) as well as after exchange get hacked. So what do you think about bnb in next 5years?
Is it really worth for long investment?  Will it increase like ether or become dump like others exchange coins?

Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.

[tvplus006]

...If you buy bnb now and it pumps to 1k+ in the bull run, you withdraw and wait for it to fall and buy back to wait for another bull run, you will definitely make more money than the person that bought and left it for consecutive bull runs.

I am sure that there are very few investors who sell at the maximum price and then buy the asset again at the minimum price. Most in the market are exactly those who buy coins when their price has reached a maximum, and then sell their coins when dumping, fixing a loss.

[Ojima-ojo]

...If you buy bnb now and it pumps to 1k+ in the bull run, you withdraw and wait for it to fall and buy back to wait for another bull run, you will definitely make more money than the person that bought and left it for consecutive bull runs.

I am sure that there are very few investors who sell at the maximum price and then buy the asset again at the minimum price. Most in the market are exactly those who buy coins when their price has reached a maximum, and then sell their coins when dumping, fixing a loss.

What do we expect those who rush in to buy when the price is at it pick,  will always be at discomfort and could easily be forced to sell,  this is what is expectrof them,  because since they could not exhibit the patents to wait for the price to slid down before buying,  they won't also have the patents to wait for the long terms if the price does not go in they directions,  this have been the most evident situation with those that are mostly carried away by the fud.


But as for BNB,  I think the coin have enough ecosystem that could sustain it long term market projections and also investors' motivation since bnb is the fee coin for an exchange.

[tvplus006]

...But as for BNB,  I think the coin have enough ecosystem that could sustain it long term market projections and also investors' motivation since bnb is the fee coin for an exchange.

The usefulness of the BNB coin lies not only in the fact that the trader receives a discount on the commission when trading, Binance has provided many more different incentives for holders of this coin, including participation in Launchpads and launchpools. And we should not forget that BNB is a native token of the Binance Smart Chain network.

[dunfida]

...If you buy bnb now and it pumps to 1k+ in the bull run, you withdraw and wait for it to fall and buy back to wait for another bull run, you will definitely make more money than the person that bought and left it for consecutive bull runs.

I am sure that there are very few investors who sell at the maximum price and then buy the asset again at the minimum price. Most in the market are exactly those who buy coins when their price has reached a maximum, and then sell their coins when dumping, fixing a loss.

What do we expect those who rush in to buy when the price is at it pick,  will always be at discomfort and could easily be forced to sell,  this is what is expectrof them,  because since they could not exhibit the patents to wait for the price to slid down before buying,  they won't also have the patents to wait for the long terms if the price does not go in they directions,  this have been the most evident situation with those that are mostly carried away by the fud.


But as for BNB,  I think the coin have enough ecosystem that could sustain it long term market projections and also investors' motivation since bnb is the fee coin for an exchange.

Peak you mean? Its a common approach where someone would really be that be hooked up with FOMO on the time that the price is really that on its peak on which it is really that a common approach for most people.
To those who do have that experience on how this market behaves will really be having the idea on what are the actions should be made or they are really that aware on when to get out and to get in.
Speaking about BNB situation or condition on next 5 years cant really be known because it would really be totally reflecting out into their companies reputation and popularity which would really be that basing up its value + that market condition or status.If you do have trust and confidence on Binance then stashing out BNB wont really be an issue for you but dont make yourself that fully confident because anything could really happen
along the way on which when it comes to market ranking and position then there's those things which come and go and this is something that you should need to look at and consider.

[savetheFORUM]

Binance is one of the altcoins that has enormous potential because Binance is one of the altcoins that is very popular with investors and traders, and currently there are lots of bounties using the Binance network, of course because Banance has very low exchange fees. Moreover, so far Binance has remained in the top 10 of the crypto market. If you look at the potential that Binance has, I believe Binance will be able to reach $1000 within 5 years.

So after saying all those positive things and everything about Binance, you said that BNB will only go to $1k after 5 years? Most people are expecting it to go across that mark within the bull run that is coming up (probably) because we have already seen it going up a lot, the all-time high of BNB is around $686, and the market would probably expect it to go above that mark if Bitcoin manages to cross its all-time high of $69k which should be an easy target if the bull run comes.

However, the price and value of BNB will totally depend on the position of Binance in the future. If the exchange manages to maintain its position at the no. 1 spot among the centralized exchanges and people keep believing and using it, BNB will surely prosper, but if it happens to be the other way around, we might see BNB losing value eventually.

[Oneandpure]

So after saying all those positive things and everything about Binance, you said that BNB will only go to $1k after 5 years? Most people are expecting it to go across that mark within the bull run that is coming up (probably) because we have already seen it going up a lot, the all-time high of BNB is around $686, and the market would probably expect it to go above that mark if Bitcoin manages to cross its all-time high of $69k which should be an easy target if the bull run comes.

However, the price and value of BNB will totally depend on the position of Binance in the future. If the exchange manages to maintain its position at the no. 1 spot among the centralized exchanges and people keep believing and using it, BNB will surely prosper, but if it happens to be the other way around, we might see BNB losing value eventually.

Depend with Binance exchange condition in the future are securing from SEC target or not? I don't think easily for BNB raise to $1k in the future because many bad news and try to make Binance difficult keep existing in long term. Probably if Binance success become more popular in the future no doubt with BNB coin will raise to higher price including they are opening new launchpad every month, but right now Binance looks calm after many negative issues and difficult for BNB return to higher price again and stuck around $212.

Going back to to $686 is possibility if bitcoin make new all time high price but the same with BNB, current bitcoin price keep stable in lower and difficult to see BNB raise with new higher price again.

[sana54210]

Only bitcoin is worth to be held that long, now some good altcoins like ETH and BNB could be held for periods of one year or less, but you need to keep your eyes open as altcoins can present problems and collapse almost overnight, and while ETH and BNB are way more solid than almost all altcoins, there are still some issues with both of those coins which could make them disappear during the next decade, and you do not want this to happen while you are invested in any of those coins.

Supporting this mate, "ONLY BITCOIN" is the worth trusting for long term though there are some altcoins that we can put on also like those you mentioned .
and if we are looking for another decade(though the question is nfor 5 years term) yet I don't wanna trust exchage coins for that long time.
maybe aiming to buy Bitcoin instead(or etehreum for that sense)

That is definitely the way to go if you want to invest into just one thing. Too many people are missing it and they should end up with something that would make more sense. I understand that it is not going to be that easy but we could end up with a good result eventually if we invest into it carefully.

It is a hard job and a lot of people end up not really knowing if they should or not, but if you just invest into bitcoin and nothing else you should be doing fine. It is going to take some time but as long as we can do it, we should be fine with it. I believe it is not that hard and could be a good deal. Of course that doesn't mean you shouldn't invest in other things, it just means you do not have to.

[blockman]

Going back to to $686 is possibility if bitcoin make new all time high price but the same with BNB,

IMHO, it's not just BTC that should make a new ATH by that time for BNB to go back to that ATH. But also Ethereum as it's the major altcoin in the market and it's still has got trading pair on it for various exchanges.

current bitcoin price keep stable in lower and difficult to see BNB raise with new higher price again.

And for that reason, it is going to take time before we see that happen. Maybe next year or two, no one knows. But if you're holding it you're fine to wait for the right time until you are able to sell it on a profit. While mentioning the biggest three cryptos currently in the market, not including the stable coin. It's just a matter of time again that we're going to see most of them are soaring high again in prices. The demand will eventually have to increase and with the BTC ETF applications that will be approved by the SEC in no time, there will be reasons for the market to go up again.

[Sophokles]

Few years ago, didn’t though that bnb could reach such milestone as it is 3rd most invested altcoin in crypto world. But most of exchange tokens are fall down for being useless (only use for discounting exchange fee) as well as after exchange get hacked. So what do you think about bnb in next 5years?
Is it really worth for long investment?  Will it increase like ether or become dump like others exchange coins?

Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.

Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.

[wheelz1200]

Few years ago, didn’t though that bnb could reach such milestone as it is 3rd most invested altcoin in crypto world. But most of exchange tokens are fall down for being useless (only use for discounting exchange fee) as well as after exchange get hacked. So what do you think about bnb in next 5years?
Is it really worth for long investment?  Will it increase like ether or become dump like others exchange coins?

Honestly you are thinking too far ahead for crypto.  Trying to see where an altcoin might be in 5 years is just a wild guess.  No one on here can tell you where any of these coins will be probably even a year from now on terms of pricing.  If ypu like a project and have the money buy in.  When that projects ideals and output goes sideways or backwards that's when it's time to pull out.  The price will be what it will be.

[Xal0lex]

Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.

Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.

Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox.

[Sophokles]

Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.

Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.

Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox.

The situation for FTX was different. They have done insider trade with customer funds and taken massive losses; they have donated money in an election campaign with customer funds; they have used laxurious resorts; and they have done unnecessary expenses with customer funds... Binance hasn't done anything like this till now. If they do, we would know that from the SEC already.

Binance's reserve of funds is transparent and audited. It shows they have more than 100% of their customer funds, and it's not in their exchange token, BNB, like FTX has done. If they have to shut down their exchange, they will be able to return all of their customer funds. If their audit report doesn't lie, then they will not go bankrupt like FTX.

[milewilda]

Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.

Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.

Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox.

The situation for FTX was different. They have done insider trade with customer funds and taken massive losses; they have donated money in an election campaign with customer funds; they have used laxurious resorts; and they have done unnecessary expenses with customer funds... Binance hasn't done anything like this till now. If they do, we would know that from the SEC already.

Binance's reserve of funds is transparent and audited. It shows they have more than 100% of their customer funds, and it's not in their exchange token, BNB, like FTX has done. If they have to shut down their exchange, they will be able to return all of their customer funds. If their audit report doesn't lie, then they will not go bankrupt like FTX.

We could really see that transparency and we arent that blind that they are really that capable enough on paying up their users funds if ever there would be some bankrupt which they have called it SAFU funds.
This is the reason on why they do get that trust and confidence even more and this had been proven out on that previous problem that Binance did experience on which they do really be able to reimburse into those people who are affected which it did make out some bad impressions but it didnt last that long because Binance did really show that they are really that capable on paying it up. Comparing to FTX then those are solid
points that you had mentioned when it comes to spending on things plus that having transparency which it is the main reason on why Binance is really that still sitting on the top if we do speak about
the current exchange platforms that we do have today but i do agree on some points above that placement or ranking on next 5 years would really be still not an assurance about their dominance in the market,
we cant really be able to know on what are the things that could happen in the market in that time.

[Sophokles]

Everything will depend on what position Binance will occupy on the crypto market. If this exchange repeats the fate of FTX, then BNB can wait for something similar. I wouldn't consider such a long term investment as it's too risky to just hold BNB for 5 years. At the next bull sell early and then look at the situation, but the same behavior as in the case of holding bitcoin should not be applied to BNB.

Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.

Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox.

The situation for FTX was different. They have done insider trade with customer funds and taken massive losses; they have donated money in an election campaign with customer funds; they have used laxurious resorts; and they have done unnecessary expenses with customer funds... Binance hasn't done anything like this till now. If they do, we would know that from the SEC already.

Binance's reserve of funds is transparent and audited. It shows they have more than 100% of their customer funds, and it's not in their exchange token, BNB, like FTX has done. If they have to shut down their exchange, they will be able to return all of their customer funds. If their audit report doesn't lie, then they will not go bankrupt like FTX.

We could really see that transparency and we arent that blind that they are really that capable enough on paying up their users funds if ever there would be some bankrupt which they have called it SAFU funds.
This is the reason on why they do get that trust and confidence even more and this had been proven out on that previous problem that Binance did experience on which they do really be able to reimburse into those people who are affected which it did make out some bad impressions but it didnt last that long because Binance did really show that they are really that capable on paying it up. Comparing to FTX then those are solid
points that you had mentioned when it comes to spending on things plus that having transparency which it is the main reason on why Binance is really that still sitting on the top if we do speak about
the current exchange platforms that we do have today but i do agree on some points above that placement or ranking on next 5 years would really be still not an assurance about their dominance in the market,
we cant really be able to know on what are the things that could happen in the market in that time.

I can still remember an incident with Binance where one of their recently listed projects was hacked( I cannot remember that project name anymore), and they compensated all of their customers with that token and BUSD as well. It was a few years ago, and this really recoups their trust level.

[bitgolden]

Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.

Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox.

That's always the case for smaller places, and mt.gox was a big one but a first one. Binance has one advantage, which is the money they are making. Mt.gox never made billions in profit, Binance does, and FTX may have done some profit, but do you remember their ranking when they existed?

They weren't 10% of what binance was, that's the difference. Obviously this doesn't mean that Binance will never have any issues, it could have a problem and they almost did which resulted with them losing BUSD all together but that doesn't mean that they are going to, it just means that the possibility exists. I will trust them and BNB as long as I possibly could, then I could end up with anything I want that would be a lot more smarter.

[RussianEnglishTranslation]

Binance might fall, but that will not be like FTX. SEC can force them to wrap up their operations with Binance and operate outside of the USA. The only thing that can tear down Binance is a major hack. Binance offers most of the utilities of BNB, so if anything happens to Binance, BNB will face the consequences.

Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox.

That's always the case for smaller places, and mt.gox was a big one but a first one. Binance has one advantage, which is the money they are making. Mt.gox never made billions in profit, Binance does, and FTX may have done some profit, but do you remember their ranking when they existed?

They weren't 10% of what binance was, that's the difference. Obviously this doesn't mean that Binance will never have any issues, it could have a problem and they almost did which resulted with them losing BUSD all together but that doesn't mean that they are going to, it just means that the possibility exists. I will trust them and BNB as long as I possibly could, then I could end up with anything I want that would be a lot more smarter.

I don't trust CZ and I don't believe funds are safu. I prefer to use DEXs to CEXs.

[Xal0lex]

Everyone also thought that FTX would not be like MtGox, but it turned out to be a bit worse than the crowd expected. FTX not only went into debt, but was also hacked. There's no telling how shaky CZ's empire is. He may be telling us everything is fine, but in reality things are on a powder keg there. Huge projects can also go bankrupt and close down very lightning fast. Then they will pay investors their money for decades, like the infamous MtGox.

The situation for FTX was different. They have done insider trade with customer funds and taken massive losses; they have donated money in an election campaign with customer funds; they have used laxurious resorts; and they have done unnecessary expenses with customer funds... Binance hasn't done anything like this till now. If they do, we would know that from the SEC already.

Binance's reserve of funds is transparent and audited. It shows they have more than 100% of their customer funds, and it's not in their exchange token, BNB, like FTX has done. If they have to shut down their exchange, they will be able to return all of their customer funds. If their audit report doesn't lie, then they will not go bankrupt like FTX.

In the crypto industry, you can't believe anything for sure, even if it's audited. Many smart contracts of well-known protocols have also been audited many times, but that didn't save them from being hacked and losing money among investors. Binance may be involved in such schemes that no one knows about yet. For now, the pyramid is stable and everything is functioning, but what happens if some element of this whole empire fails? The mighty crypto empire could collapse overnight.