Post
Topic
Board Altcoin Discussion
Re: newbie invest
by
jaberwock
on 14/03/2023, 04:04:39 UTC
If you know how to patiently wait, BNB is one of those good assets that can give you decent benefits, It's tough to predict the market
but as long as you have patience the chance is always possible.

Keep in mind that choosing project always depends from how you understand and how you work
with all your research.

Invest where your knowledge is attach, remember that it's your money that you are risking so
better to work with your learning before taking your step.
Right. I agree with you that patience in waiting is an opportunity to profit. Especially in a bear market situation like today, the wiser step to take is to hold our assets and wait patiently.
Is an opportunity to earn huge profits because its still possible for one to earn a small or medium profit if they will only hold for short terms. There is also trading for those who don't have a patience and wants some real time action. As an investors, we can't do much in a bear times like this so yeah, to hold is the only key to survive but other than it, we can also buy more coins because the price is much cheaper in a bear market than compared to a normal or bull market. The OP already have BNB and BNB is a coin that has a utility.

It's utility is it's being used inside the binance exchange as a kind of coupon to earn discounts when doing trades. This is enough for holding alone but if he want to, he can also convert some of it or just use other money to buy Bitcoins.