Old Cui says about coins: The most worthwhile coin to invest in ------ BNB, is it still worth investing?

CN
4 hours ago

The world is bustling, all for profit; the world is bustling, all for profit! Hello everyone, I am your friend Lao Cui, focusing on digital currency market analysis, striving to convey the most valuable market information to the vast number of cryptocurrency enthusiasts. I welcome all crypto friends to follow and like, and I refuse any market smoke screens!

Originally, I intended to discuss contracts in this article. However, in the past two days, most of the users consulting me have been focused on BNB. Let’s take a detailed look at whether BNB is still worth investing in. Friends who have followed the author for over a year are well aware that I once highly praised this type of cryptocurrency when BNB was around 400, continuously promoting it until it reached the 600-700 range, at which point I started to keep quiet. I even once declared it the most worthy investment cryptocurrency-----BNB! Why am I now silent about this type of cryptocurrency? The logic is simple; when it exceeded 1000, it was already beyond my understanding. I did think it would break through the 1000 mark this year, but when the market actually arrived, I had already completely switched to SOL around 900! The key points I didn’t grasp were simply that I didn’t expect to obtain a license in Hong Kong, and the American regulations just fizzled out. Timing and fate! Personally, I sincerely admire------BNB!

Why did I sell BNB at that time? In my view, it was based on a judgment of the situation. I was unwilling to bet on a platform token becoming mainstream in the crypto world. There was no historical precedent to refer to, especially with the sudden emergence of Coinbase, which caused a significant loss in the American market. In this situation, platform users unexpectedly increased rather than decreased. Platform tokens are extremely special in the crypto world; their linkage is almost equivalent to the platform itself, which can be understood as company stocks. Especially with the lessons learned from OKB and HTX, I was even more hesitant to hold this type of cryptocurrency in large quantities due to the high risk. One of BNB's strongest points is its computational power; it has outstanding technology, processing 32 million orders a day without error, and easily handling 4000 orders per second. This is all supported by actual data, and with the improvement of the blockchain, it directly prevents hacker attacks. Since the improvement of the BNB blockchain, hacker attacks have decreased by 85%, making it arguably the safest cryptocurrency exchange currently.

There are still some contents that cannot be presented in the article. Just remember that BNB was once driven out! So, it is indeed extremely surprising that it can return to Hong Kong at this stage. Especially with its platform mechanism, to launch your own cryptocurrency on the platform, you must stake its platform token, creating a scarcity of BNB, which is a very clever move. The reason I previously recommended BNB's token was also because staking could yield certain returns; basically, the monthly activities were very enticing, which is why I chose to stake a certain amount of tokens. Unexpectedly, BNB surged so rapidly during the staking process. Especially after the domestic OKB completed its upgrade, it led me to have the illusion that domestic stablecoins would issue through the OK channel, but so far, there has been no signal. Coupled with the timing of OKB's growth being extremely special, when all cryptocurrencies linked to the U.S. were declining, it once broke through from 45 to a high of 250, which was very eye-catching. This illusion only led me further astray.

I have talked too much about trivial matters. The question everyone is concerned about is whether it is still worth investing now? This question is extremely sharp. In my view, I definitely would not choose this type of platform token for spot trading. Perhaps my perspective on value investment differs from yours. Since BNB broke through 800, I have only seen the concept of selling, not buying. Many crypto friends have recommended acquiring some tokens. If you were able to hold them in the early stages, then you can continue to hold for a while now. At the very least, you should get through this year's interest rate cut cycle. However, if you do not currently hold any spot, you definitely should not continue to buy. With historical high points and the platform's uniqueness, there is no historical reference, and I cannot judge whether your current buying opportunity will become a historical high point. It all depends on your estimation of BNB's future. 1300-1500? In that range, I would rather believe that SOL will break through 300.

In the future, the application of the BNB blockchain will be more extensive because many small cryptocurrencies, although SOL has a lower cost, ultimately aim to launch on the BNB platform; and the prerequisite for launching is undoubtedly linked to BNB, making the application scenarios for SOL seem limited. To consider whether it is still worth investing, one must take into account its competitors. Currently, the clear competitors are OKB and SOL, both of which have very obvious advantages. OKB tends to cater to the Chinese community, while SOL is low-cost with high capacity. The performance of these two this year has been remarkable, with both cryptocurrencies surpassing BNB in returns. These two cryptocurrencies are also the ones I most recommend this year, including Ethereum. So, do not focus solely on short-term gains. This year, BNB has indeed doubled from its lowest point of 499 to its current level. However, if we calculate based on the lowest point, SOL, OKB, and Ethereum have all yielded more than double, so there is nothing to regret.

From the perspective of spot trading, if you believe BNB still has growth potential, then it is certainly worth buying. However, from my perspective, the risks far outweigh the rewards. As mentioned earlier, the platform can bring the market to the token, but the drawbacks of platform tokens are also very obvious, namely the issue of decentralization. Many friends view this Hong Kong license from the perspective of domestic recognition of BNB. I have an opposite perspective on this issue. I can only say that the consensus reached by both parties may only be realized in the future. The BNB license must have compromised certain conditions, which I cannot elaborate on; you can imagine for yourselves. Everything has traces to follow, and with domestic control, the situation for BNB is not considered strict, as there are people backing it. Conversely, I am more aggressive in my views on OKB. If you want to replicate BNB's successful returns, you can certainly observe OKB more closely.

In summary, the overall choice for spot trading has better alternatives; both OKB and SOL will not yield lower returns than BNB. If you seek stability and want short-term gains, I also support you to enter BNB in a more flexible manner, at least be prepared to withdraw at any time. Using leverage below 10 times to leverage BNB's returns is something I support, and the profit points must meet the requirement of withdrawal. At this stage, for BNB, a maximum profit of 100 points should lead to withdrawal. This is a gamble; our attitude towards BNB, along with the Americans, is that once a change occurs, there will be plans for a collapse at any time. The founder's generous offer to Trump is extremely substantial, and the same goes for domestically; during the short-term interest rate cut cycle, contract forms will definitely yield some returns. Meanwhile, the previously provided positions for Bitcoin and Ethereum contracts have now met the requirements, and everyone can try to enter. If you have different opinions, you are welcome to discuss with me, but the premise of the discussion is that there must be real data support. Contradictory views must also have realistic conditions to support them. Do not come in with self-guessing to negate; I will not answer such questions. For example: I think, I feel, I dreamt, I do not play metaphysics, only reality! The article contains predicted points for BNB, which you can check carefully.

Original article created by WeChat public account: Lao Cui Talks About Coins. For assistance, please contact directly.

Lao Cui's message: Investing is like playing chess; a master can see five, seven, or even more than ten moves ahead, while a novice can only see two or three moves. The master considers the overall situation and the big picture, not focusing on one piece or one territory, aiming for the final victory. The novice, on the other hand, fights for every inch, frequently switching between long and short positions, only seeking short-term gains, and often finds themselves trapped.

This material is for learning reference only and does not constitute trading advice. Trading based on this is at your own risk!

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