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I'm wondering if now is the good time to buy BNB or should I wait a little bit more? The crypto market is still bearish, so we should expect further pressure against an altcoin like BNB in the short term. Who knows if BNB will reach higher prices in the future? Your input will be greatly appreciated. Thank you.
The best time to buy is when the price of it dipped because of SEC. I guess if we only bought at that time, and waited for a few weeks, we've made a few to a hundred bucks on it just by holding it for short term.I'm wondering if now is the good time to buy BNB or should I wait a little bit more? The crypto market is still bearish, so we should expect further pressure against an altcoin like BNB in the short term. Who knows if BNB will reach higher prices in the future? Your input will be greatly appreciated. Thank you.
Binance had many problems in the past already, and all of them failed to put the company down, and so is SEC as well. I guess the effect of the recent problem within Binance and SEC on the market is already going down already, and it has little to no effect anymore. As for the question, with Binance being the most popular CEX currently, I think it's a good time to buy, and hold BNB for short to mid term IMO. Buying now, and wait for the bull market in 1-2 years will yield you profits for sure.
Ohhh wait. Gary Gensler hated Binance so much after what happened with FTX, so there's a chance that he will do what he did again in the future. Of course that will be an opportunity for us to buy more BNB.