You and I FAM have very similar thoughts, except that I bought 50$ bnb at $340 after selling the 1 piece I had held since 30$ at $50. Yeah who did that? me. I did! I've made up my mind to hold that 50$ in bnb for the longest time possible.
There will be a limit to how far the price can pump - the price you pay for transactions is in BNB - so it might be 10 cents for a transfer now, but if it trebles in price - that's 30 cents - meaning eventually transactions will decrease, and so will the capacity for an ever increasing price.
Well, 30cents is still way cheaper than what Ethereum charges. Perhaps the limit you talk about will be at 900$. The only threats I perceive are the new chains like Rune or perhaps Hive/leo offering better options. But then again, while Binance is not Ethereum, it sure does have more reputation, attention, and userbase than Rune or Hive/Leo, maybe these don't really matter though.
I had a friend call me about where to invest $1k in crypto, I had the thought of suggesting bnb. But I told him RUNE. So I hope I'm right...
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Based on my own experiences I'm reluctant to move money about for more than a 10% fee - even if I'm taking hundreds in profit.
I still think there is plenty of room for a price increase.
If I had nothing I probably would have said 30% RUNE 30% BNB to play with the pools 20% BTC because you have to and 20% Hive/ LEO so you can at least have a stake here.
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