Post
Topic
Board Altcoin Discussion
Re: If I have $40,000 to invest in one #cryptocurrency.
by
SyndicateLabs
on 08/07/2023, 16:56:05 UTC

Yea, BNB has been under my radar for sometime now because it seems to have more users and it is much steadier to some degree.
Until recently due to SEC lawsuit against Binance, BNB is at a current trade price of 252USD.  People are waiting on the outcome of the decision of the regulators, but this is responsible for why HODLing or saving up BNB is not advisable, but is good for short term profit only.

BNB to $1000 is very possible, but I doubt it will happen this year, perhaps towards the end of next year 2024.
For me there are fundamental risks to any crypto even for altcoins, of course once we have our own research, and profit objective then risk taking as well as profit afterwards. Regarding the SEC and Binance, I am quite inclined to the scene that Binance will be stronger later as alleged by the SEC, and they are not a small company that is easily controlled by the allegation, my view of the price as well Investing with BNB is a bit different because I am targeting both price and time until 2025 can see a bull cycle of the whole market and fully believe that BNB will have a very impressive price. statue.