Post
Topic
Board Speculation (Altcoins)
Re: Is BNB is at it's peak price?
by
newwest
on 23/05/2021, 05:25:08 UTC
Wanna know that should i hold my investment or do day by day trading. And now its at 500$/BNB. Convert them or keep them and wait for pump?

hold !! This is a natural thing if the price of BNB is down (correction), because not only BNB, but the market is correcting, so of course all cryptocurrency prices are down, therefore my advice is never to panic sell when the price is down, because I am sure that in the near future the market will definitely start to increase again, so the price of BNB will also increase and of course you will definitely get your profit back or even bigger than before.

I still didn't think that BNB will drop so much at all. Compared to other coins it is backed by a functioning business model that generates so much revenue, yet we just saw a massive decline. It should still be well positioned to get back on track I suppose.

Expecting it to be back soon, once we have some stability with bitcoin and starts to rise, BNB will be one of the tp gainers in recovery and will move upwards quickly. So just waiting now and if it drops a bit more will buy again. Such opportunity does not comes too often where you can get at a deep discount.