Post
Topic
Board Speculation (Altcoins)
Re: Will BNB reach $50 This Year?
by
cryptothreads
on 15/10/2019, 01:07:31 UTC
BNB At the beginning of the year experienced an increase due to the IEO which required BNB HOLD so that at that time the increase was quite significant, but if we look at what is happening at this time it is really sad that the price of BnB has decreased quite deeply in my opinion
That's right, the current price of BNB is very sad, now they are only worth $17 whereas last month the price of BNB exceeded $30 and this makes it difficult for BNB to reach $50 in this year. But at the end of the year, there are still two months left, let's see what will happen to BNB, Will it increase or even go down.
Yeah, BNB 50$ it will never possible this year because right now current price is quite low $18.38 USD (0.53%) start something increasing. I don’t expect within 2.5 months so no way to it’s can be reach 50$ in end of this year. Another fact is at the moment in the whole crypto market is bearish. Several Binance launchpad projects highly effects in BNB price that's absolutely right. Now there are no new investors. Majority of the old investors still keep holding.  

You're right . This coin has not changed much in recent times and very few investors bought this coin so it will be very difficult for BNB to reach $50 this year. I think there will be more adjustments later this year and BNB will return to $10 so don't expect too much of this coin. It may be a good time to hold, but the current trend of IEO is not attracting many new investors and this is the main reason why BNB has had a big discount recently.

In my opinion you should choose coins that tend to increase and be more patient in investing