Post
Topic
Board Speculation (Altcoins)
Re: Should I keep my BNB or Sell it?
by
Abiky
on 05/10/2023, 01:20:31 UTC
BNB have future as long as binance still exists, but its indeed better to invest in bitcoin because bitcoin known to grow from year to year.
the only thing that will hold you from investing in bitcoin is probably the fact that $800 is not significant amount to invest, more likely have little profit even if bitcoin rise 20%.

Holding BNB is a huge risk, especially when Binance is too tied to it. Centralization = short life span for the cryptocurrency in question. I'd choose ETH over BNB anytime due to the way it was designed. It may have turned centralized, but it's not as bad as BNB. I'd be surprised if BNB lasts 1-2 decades from now with tightening regulatory pressure in the industry.

If Binance wants to make BNB decentralized, it's going to need to change the name of the coin/Blockchain (rebranding), as well as, expand the number of nodes that can support the network. But that would be a dream considering that Binance is going to miss a huge opportunity for profit. At least, we have plenty of options to choose from. As long as there's one coin that's decentralized, nothing else matters. Just my thoughts Grin