Should I keep my BNB or Sell it?
Should I keep my BNB or Sell it?
Hi, I’m new to here. So just want to ask your help or guide.
I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don’t have a future anymore. So I’m fully worry about this.
BNB has cheap price recent months and you can hold your BNB.
You did wisely converted NFT tokens to BNB but in future, don’t convert your BNB token to other NFT tokens. Holding BNB is better because most of NFT projects are not too good. Their tokens can be dumped by gamers, by their scam teams and you will have more risk to lose with NFT tokens.
BNB is backed by Binance that are strong and their buy back and burn events can help BNB not only to maintain its price in bear market but also will create hype in bull market.
Convert BNB to BTC is another good idea but in bull market, BNB will give you better profit than BTC.
I think BNB will have a future as long as the exchange Binance,the entity behind that coin will be in service to the people.However you can never go wrong if you opt to exchange whatever coin you have in Bitcoin as in the long term that is a reassuring trade,you will reap the benefits of such move in the next all time high,although even 2023 has started with the positive notes on crypto,as we are seeing an increase today.
Another bold move would be to split that amount equally to really low value coins with a good team behind their project,like Raptoreum for example but the best to do for stability is to convert it to Bitcoin.