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Author Topic: Appromixly how much time needs to recover BNB $310 price  (Read 509 times)
bitbollo
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August 26, 2023, 01:28:48 PM
 #21

good question but it is difficult to predict.
or rather it is difficult to get at this moment, due the large number of factors to be counted...

I believe that the usual rule should be followed here:
if you have invested money that you can "loss", leave everything as it is and wait the market price reach your target price... no matter how much time it requires.
Otherwise, and if you're pessimistic... make other assessments/evaluations...

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August 26, 2023, 02:34:47 PM
 #22


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

BNB is indeed one of the promising projects in the crypto market but must also know that even it is one of these growing projects, still it can't escape form possible price corrections. Till now, we don't have any clue about when the market will pump, what we have is just purely speculation which possibly be wrong. However, it was not a big deal really because we believe that BNB will rise when Bitcoin will pump also. But when? That we never know however, we've been positive as it comes when bull season comes. Not really long to wait as expected to come by 2025.
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August 26, 2023, 08:11:10 PM
 #23


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?


You bought with the believe of holding for long term, if you are a trader, you will have sold it and move on to another trade or perhha a stop loss before it went down this badly but yiu are still holding. I will advice you to keep holding because BNB is a good coin for long term, they have plenty of updates and road map to build and been a tier 1 exchange utility coin, it will bounce back maybe not now but it will bounce back to the price more than where you bought it, what you Ned right now is patience.

Regarding SEC, what they need is money and Binance has it, but they will drag each other and eventually, it's either Binance settle them and admit of been guilty or prove to be clean and proceed to court for judgement just like Ripple won their case against them and when that happened, I hope you saw how XRP price was running like mad, made more than 80% in a day.

Not to raise your hopes and be disappointed later, don't expect the price to recover now because that's like giving you hope, just expect the worse and it has happened. Be patient and it will bounce back when it's ready and by then, it will be crazy run like in bull run time.

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August 26, 2023, 08:53:22 PM
 #24

It is difficult to predict the future of any particular coin, and there is already a lot of FUD in the market about BNB. Since you are holding BNB not long since you bought BNB, Binance is still the top exchange in the crypto market and I think they will do their best to defend their coin.

But anything can happen in the market as we have already seen many top coins collapse overnight and bankrupt investors. So now if all the Fud of BNB is over then maybe it won't take much time for you to recover this loss. So watch the market situation and take a smart decision with patience.

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August 27, 2023, 07:21:47 AM
 #25

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover
There's a huge chance that BNB will recover once we are in a bull market. What happened on SEC issues really affected BNB coin, which for me I can say that BNB is only relying high on their centralized exchange, not anymore on their so-called "decentralized" network Binance Smart  Chain.
If you already bought,you just need to wait before they clear things with SEC and bull run because for sure yo will see a huge pump for it.

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August 27, 2023, 03:08:08 PM
 #26


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?


When you purchased this coin, its value was very high, so you are still at a loss. But you should not be patient but hold on to your investment so that you can profit. As BNB value is heavily dumped at the moment and may take a long time to recover. Although the position in the market is not very good at present, BNB can be expected to recover when the market turns into a bull market again. Even if you have invested a lot of money and lost a good amount of money in that case you should not sell yet but hold for future. But it is difficult to predict how long it will take to recover but we may soon see a bull market and all markets will take a good position.

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August 27, 2023, 04:25:51 PM
 #27

Since the SEC can't sink Binance just yet, we can well expect BNB to recover. When? Most likely in 2024. Therefore, there is no need to despair. Luck loves the patient and persistent. Especially since Binance Chain is one of the leading blockchain systems today.
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August 27, 2023, 06:03:24 PM
 #28

I have a feeling that next bull run BNB could easily get to $700-800 or even $1000
It's a really solid coin Smiley
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August 27, 2023, 08:58:54 PM
 #29


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

Binance is continuously the target of the SEC and the market is still suffering a confused situation like that I think by the end of September market will start showing some flow against such hypocrisy and making a way forward. in my view not only BNB there are also some other projects suffering similar kind of situations and sticking to the market is the only option we have.

So buddy be consistent and don lose hope Biance is on of the top crypto market against they will not die like that, offcource with the Bull there are great opportunities and potential with the BNB so be a good investor and wait paitently.

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August 27, 2023, 09:45:26 PM
 #30


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

Currently, the BNB price is around $218.61. Maybe the rate is not too far away, but it still takes time to recover. And this won't be easy. Because, Bitcoin still has its ups and downs and it's not certain that it will continue to rise as long as it's still a bearish season or this transition. But at least, be more patient. for you have waited long enough, and be patient a little longer. At least we hope that the bullish era will start moving next year or at its maximum in 2025. Then you will get a price more than that rate. I'm sure of that, because after all, BNB is a promising coin. But still, consider the various risks.

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August 27, 2023, 09:46:23 PM
 #31


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?

Currently, the BNB price is around $218.61. Maybe the rate is not too far away, but it still takes time to recover. And this won't be easy. Because, Bitcoin still has its ups and downs and it's not certain that it will continue to rise as long as it's still a bearish season or this transition. But at least, be more patient. for you have waited long enough, and be patient a little longer. At least we hope that the bullish era will start moving next year or at its maximum in 2025. Then you will get a price more than that rate. I'm sure of that, because after all, BNB is a promising coin. But still, consider the various risks.

No one can tell you when will it recover. However, the chance of recovery to $300 has higher possibility.
Because we are talking about top alt, it is only a matter of time to see such range of price.
However, while waiting, better do other activities such as look for other valuable alts as you may missed some good opportunities.
If you will focus on this alt, you may end up losing a lot and not see other chances of recovering your investments.
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August 28, 2023, 02:33:47 AM
 #32


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?


Its just my own opinion so please dont get offended. I believe its never going back to 300 levels unless there is a clearity from SEC about the binance case. Because we have seen in history that whenever government organisation gets after an exchange or project, they most definately put it down sooner or later. So if thats the scenario for binance then i dont think bnb will ever go back to 300 levels. But again its just my opinion and market moves totally according to its sentiments and not mine. So i suggest $100 loss is not a big one for u. just exit n save your capital, put in some other potential coin where u can make more out of it.
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August 28, 2023, 04:46:32 AM
 #33

Well they burn their tokens from time to time. So every time they do a token burn it should appreciate the remaining coins in circulation.

Right now there are way too many issues with BNB. One is all these regulatory requirements and trouble at BInance USA. And you got pretty much crypto which is completely flat lined. So much fud everyday about CZ is not helping the token either.

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.
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August 29, 2023, 02:17:22 PM
 #34

Well they burn their tokens from time to time. So every time they do a token burn it should appreciate the remaining coins in circulation.

Right now there are way too many issues with BNB. One is all these regulatory requirements and trouble at BInance USA. And you got pretty much crypto which is completely flat lined. So much fud everyday about CZ is not helping the token either.

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.

Regarding the buying zone senior that you have suggested I think it really depends on how Bitcoin behaves in the coming week Most probably it is expected that the market will take a small pump and dump in a short time then according to Onchaina activities and analysts + ffundermental changes the market will start its Bull run journey.

So it really depends on how much the market takes a dip it will adjust the BNB lowest buying zone, I won't say whether CZ is doing so good or not as Binance is under pressure but its also temporary, Burning of Supply can be consider as the strong fundermental change but it doesn't mean that we can have its impact in current timeline. Currently market is fully dependent on the Sentimetal changes.

Haha i do remember on the start of 2023 it was expected that market will take its shoot in this Bull Run with the Asian market seems like due to the Hype of ETF's and USA lawenforcement this factor got ignored... For now enjoy the peaceful time in the market (Consolidating market).

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August 29, 2023, 09:35:05 PM
 #35

Well they burn their tokens from time to time. So every time they do a token burn it should appreciate the remaining coins in circulation.

Right now there are way too many issues with BNB. One is all these regulatory requirements and trouble at BInance USA. And you got pretty much crypto which is completely flat lined. So much fud everyday about CZ is not helping the token either.

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.

Regarding the buying zone senior that you have suggested I think it really depends on how Bitcoin behaves in the coming week Most probably it is expected that the market will take a small pump and dump in a short time then according to Onchaina activities and analysts + ffundermental changes the market will start its Bull run journey.

So it really depends on how much the market takes a dip it will adjust the BNB lowest buying zone, I won't say whether CZ is doing so good or not as Binance is under pressure but its also temporary, Burning of Supply can be consider as the strong fundermental change but it doesn't mean that we can have its impact in current timeline. Currently market is fully dependent on the Sentimetal changes.

Haha i do remember on the start of 2023 it was expected that market will take its shoot in this Bull Run with the Asian market seems like due to the Hype of ETF's and USA lawenforcement this factor got ignored... For now enjoy the peaceful time in the market (Consolidating market).
Bitcoin would be always the main trend setter or the overall indicator for the price of each coin that it is next to it on which if its on bearish sentiment then expect that everything would drop. Try to look at the current situation that we are in on which that this one.

Breaking: Grayscale wins SEC lawsuit for Bitcoin ETF review
https://cointelegraph.com/news/grayscale-wins-sec-lawsuit

The price shoots up on 5% as far as i remember, try to look at on other coins in the market specially on top #10 which most of them do make out on the same movement
which it do really indicates on how Bitcoin do really influences out other coins market price behavior or movement. This is why its always safe to assume that
in terms or talks of recovery then it would really be entirely be depending on what the market condition on which Bitcoin does have.

jeraldskie11
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August 29, 2023, 11:08:13 PM
 #36

I have a feeling that next bull run BNB could easily get to $700-800 or even $1000
It's a really solid coin Smiley
There's a big possibility that the price of BNB will reach that because it is the coin of Binance. It needs to break the strong resistance first before that happen. If they overcome the selling pressure, the price would break the resistance and create a new ATH for Bnb. It should be harmonized with the movement of Bitcoin because we know that altcoins will follow Bitcoin. If ever the Bitcoin will create new ATH, not only Bnb will make a new ATH but also all the other coins. That's why diversification is better if you want to maximize profit because there are coins who explode a lot up to thousand times.
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August 30, 2023, 12:04:24 AM
 #37

If you want to buy more wait until maybe $100 area or so. No idea if it will ever head that low however.

It would bring his average buying price way lower from where is he now. But, that's not the case here. I guess either OP is gonna sell his coins or he is afraid that BNB might not recover the price anytime soon. I would suggest he buy a little more at the $200 price range so it helps him to decrease the average buying cost and hold it till the next bull run.

Even though we don't know when the next bull run is, I guess most of us predict maybe we can see the next bull run in 2024 after Bitcoin halving or it may take a little longer. So, he should assume that he has one year in hand.

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August 30, 2023, 04:39:18 AM
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 #38

I don't have access to real-time data as my knowledge cutoff date is September 2021

Maybe because you are an AI Shitposter?
You do not have real-time access because you are a Back-dated AI. The user who used you cannot afford to upgrade to the latest version so that he can get real-time data. Unfortunately, he is using you and your back-dated data to copy-paste on Bitcointalk to get some merit so he can participate in some campaigns.

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Lida93
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August 30, 2023, 12:19:34 PM
 #39


 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?
BNB is a coin owned by binance and it's one of the good alts I know, the price is currently affected with the challenges binance is facing based on legal charges on ground and besides that the mover of all other cryptocurrency bitcoin is on a low price as well which should be expected that all other altcoins price will be affected.

You have to be patient with the market. From the price you bought to what it is now there's no much depth of loss and that's why you have to continue holding waiting for the good days ahead.

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August 30, 2023, 02:48:41 PM
 #40

I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?
If I were in your position of course I wouldn't be interested in trading and investing in BNB, I don't know what would happen, I don't think BNB should be at $307 for a long time, If you look at the exchanges they have, in fact, as far as I know, BNB has been traded on almost all exchanges in the world, but there have been no developments for BNB, for example: We can see the ATH phenomenon a few years ago, only placing it at the $690 level, the price at that time should have been equivalent to the price of ETH, but in fact this was not the case.

However, if you trade Bitcoin, I think you have now taken the spot trading method several times when the price went down and up, that's what I think and what I've done.

But because the BNB price is still at $223 and you bought at $307, of course you lose $84/BNB, wait for the BNB price to rise to at least $350 and sell, buy BTC, trade in Bitcoin, you will feel real profits, if you understand how to do it trading.

R


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