Re: Why is Binance Coin a good choice to HOLD?

Quote from: ajaymukund on September 16, 2019, 03:50:08 PM

Quote from: tspmhack6 on April 23, 2019, 03:28:26 AM

First, BNB has the advantage of being a coin master of the exchange. And the crypto trading floor is the project that has the longest living ability, compared to other utility token projects.
Kiss

Second, Binance Coin itself has proved to be safe (safe heaven) after many adjustments of crypto market, although it cannot match Bitcoin and Teether (USDT).
Kiss

Third, the Binance Coin is also the leading coin when it is possible to reduce not much during the time when the market adjusts, and increases the fastest when the market recovers. Stock Traders in the stock market always prefer the leading stock like this.

So what about you? Wink

I think they only get it when IEO is trending. As you can see, when IEO is starting to stop being hot, the value of BNB has been greatly reduced, from $ 35 now reduced to only $ 20.5.
stay awake and I think BNB will continue to decline as the IEO keeps failing.
I would choose to hold Huobi instead of Binance, Huobi has a much better investor protection policy than Binance.

You got some points on here which is typically true.When IEO hype starts to rose up the BNB value had rise its value since this is the primary requirement for you to be able to join up their IEO sale which means theres a demand.We cant totally point out that the reason why BNB price value is dropping due to lose of IEO hype but we can also point out on the current market condition which is pretty bearish at the moment which is one of the factors too but we cant deny that kind of possibility of the hype is now decreasing.
Huobi alternative? You can risk up though but choosing between bnb then i would still stay intact with Binance tokens but it isnt a bad consideration though.