LIVEWhy BNB is always a safe option for Long-term holding?
BNB is always the safest and the best coin for long-term holdings in my opinion. Because it is never gonna drop. If you have patience you will earn from this coin. Might not be in the short term but surely be in the long term. How? Let's discuss...
BNB is continuously launching its farms and launchpad or launch pool where you get a reward for holding/staking BNB. And their rewards are always lucrative. So, people always try to hold and buy BNB. This increases BNB price.
Again Binance buys back BNB from time to time and burns them for which BNB is becoming very limited in the market. For this reason, supply is getting low but because of rewards demand is increasing. This also increases BNB price.
BNB chain is becoming larger day to day. In this ecosystem, if you want to launch or create any token you have to pay BNB. For transaction you need BNB. For this reason, if you want to send any small number of coins you need BNB. So every retailer has to keep BNB. Demand is increasing.
For all this reason, I don't see any losses in holding BNB. If you don't have any idea about crypto, If you have some money to put in long-term tokens just go for BNB. This is the easiest bet with the best risk-reward ratio.
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