The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.
Do you think it makes sense to invest in BNB or another cryptocurrency?
What else can you suggest in line with the analyzes made on the subject?
if you afford to wait more from that post and look for January then you should have the lowest price bought this year , as the value subside more than 20% and even 30% for short time.
so buying that moment is more perfect than this time.
but of course right time is everytime for me because we are still in young market and we may take the chances increasing profit from here to the following years.
I do not know if what are the price of bnb on 2020 on why everyone else is talking on it but i think it was the time wear bsc or bnb projects became popular? Quick rich schemes such as meme coins are then came out. Maybe that is the reason why people think bnb or anything related to bnb can be a good investment.
Nothing wrong in investing with it last 2020 but he should sell when the coins reach their peak, I think that was 1 year after. Now this year is bad for selling but it is perfect for buying because majority of the coins are dumping heavily; likewise, for me, every time is also the best time for purchasing because i can say that I have a patience to hodl longer.