wait for the bottom

Having been involved with CNP over the last 6 months as many other HC posters have been, I think it is very important to wait until BNB has bottomed. Many investors/traders probably lost small fortunes trying to pick CNP's bottom, far too early. CNP frequently spiked up for a few days but the overall trend has been down. Sometimes it is better to sell a share in a clear downtrend & repurchase at a far lower price later. Whilst I have never held BNB shares nor am I trying to downramp BNB, as an observer I would not be a holder till there are clear signs a bottom has been reached. Once you can establish the certainty of survival, it is then important to establish what value BNB is worth, so the risk is well compensated for by the possible reward. Remember many asset values used in the previous balance sheet could need revising it the light of the current situation.
The most dangerous distraction to making good decisions on BNB is taking too much notice of short term traders posting upbeats posts on BNB for their own trading purposes. Plenty of traders were seriously battered in CNP. Best to do your own research back in the balance sheet & cashflow statements. The cashflow statements tells a lot about where the cash is coming from & whether there is cash to meet the interest payments. It essential to be able to prove to yourself that BNB cashflow is capable of meeting changes in interest rates going forward. A strong cashflow statement can carry refinancing adjustments, whereas a weak cashflow statement may be the signal to stay well clear.
Regards
Buffett
PS No investment advice given on BNB please do your own research.