Post
Topic
Board Altcoin Discussion
Re: Binance(BNB) best alt coin !
by
The Pharmacist
on 09/04/2019, 17:33:37 UTC
Yes i'm talking for long term investment.
Yeah, and what if Binance suddenly becomes a crappy exchange when something much better comes along, or if they start getting regulated by the government?  I'm not sure that keeping an exchange-based token for the long term is such a great idea.  And remember, it's competing with hundreds of other altcoins and tokens for investor dollars.  All it would take is for people to lose interest in it or for something to happen to Binance, and anyone holding BnB would be screwed.

I think when market capitalization grows strongly again, with the status as the world's No. 1 cryptocurrencies exchange, BNB will be in the top of altcoins, but $ 100 is quite optimistic, I predict a price of 30 ~ 40 $ for long term.
There are way too many "ifs" in that statement.  I've been using Binance quite a bit lately to stock up on PIVX, and I've accumulated some BnB, but to me it's just a way to store small balances that can later be converted to something useful.  I wouldn't hold onto it in hopes of a rise.