$RUNE or $BNB: Which one do you buy?

boosterke (60) in hive-102306 • 4 years ago

I have been struggling with this very question over the past week.

For some, the choice is simple. It is not a question of 'this versus this' but why can't I have both?

You can definitely have both. Both projects are in their relative infancy.

BNB specifically represents what Ethereum was a couple of years ago before the DeFi wave blew it up. If you think about it in terms of Ethereum, you recognize quite quickly that every project built on the Binance Smart Chain Network requires you to pay gas fees using BNB. Therefore, the more the BSCN ecosystem grows the more valuable BNB becomes.

RUNE on the other hand, offers LP's the ability to stake native assets and earn rewards, which could open up an incredible opportunity for crypto holders to earn interest from their holdings. The project, however, is not as mature as BNB. What it does have over the BSC Network is a truly decentralized application.

Decentralization will always beat centralization in the long term.

However, that is not the primary reason why you should buy one over the other.

Instead the reason is more superficial than that.

What is it?

Price.

$RUNE has more room to grow.

Think about it...

If you had $2000 to invest in either $BNB or $RUNE how much of each asset would you get?

$BNB is currently worth $530.

With an investment of $2000 you get around 3.77 BNB.

$RUNE is currently worth $13.2.

With the same investment of $2000 you could get yourself around 151 RUNE.

And that is the difference right there. That is why someone who bought thousands of Dogecoin for a couple hundred dollars suddenly made tens of thousands of dollars in an instant.

It is also one of the reasons why people are usually looking for low CAP tokens with a potential to 10X or 100X.

If $RUNE pumped to $500 like $BNB did, that $2000 becomes $75,500. For that to happen with $BNB has to go all the way to $18,000. This is extremely unlikely in the next 2 to 3 years.

So, if you are one of those people with a small bank trying to blow up your gains, would you split your investment between $RUNE and $BNB or would you go with only one of them?

If it is the latter, which one would you go with and why?

Personally, $RUNE is what I have gone with and I have shifted my investment to reflect the same.

hive-102306 steem cryptocurrency trading rune bnb

4 years ago by boosterke (60)

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leonelb (66) · 4 years ago

Wow, your post has really, really caught my attention. I must admit that my knowledge in terms of cryptocurrency investment is relatively low, but I have been strongly touched by your words. In this volatile world it's hard to know which option to choose, and more so if you have a small capital like me. I hope your investment pays off.

My only advice would be, don't put all your eggs in one basket.

#slbmc

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boosterke (60) · 4 years ago

Your words are much appreciated.

I agree on the never put your eggs in one basket. Always have a nice portfolio of 2-5 coins which have great use cases and tokenomics. In the same token, don't spread yourself too thin especially for someone who has little capital to play with. I put myself in this category too. Both RUNE and BNB are great but you can simply acquire more RUNE tokens at the moment than you can BNB.

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dawngrapher (57) · 4 years ago

I have to start digging in to this and lots to learn and appreciate if you can post more articles in this regard. If so that, we will able to gain more knowledge.

Thank you for posting such good article.