Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?
If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million
I don't want to take risks, therefore I definitely buy BNB at this time, because I am afraid that if burn has occurred, then the price of BNB will increase and not go down, therefore I prefer to invest in BNB at this time and if the price of BNB does not increase, then I will hold and wait until the market recovers, because I believe when the market recovers, then of course the price of BNB will definitely increase very high again.