When u hear/read a coin have a burning plan in their roadmap - is it a always buy in before and sell when it happen? ( Excluded shitcoins).
Depends on which coin. If the coin is a top-rated coin according to Coinmarketcap, then it's good to buy before the burn. For the short-term trade, it's a good strategy to make some easy buck. When the CEO of Binance exchange CZ announces any burning date, BNB coin pump hard. It's the same for FTX also. A few months ago NWC team also burned a lot of NWC coins and when the announcement came NWC pumped hard. I also earned a few bucks for the burning news. But dont forget to use stop-loss because some bag holders also dump their bags in this kind of news/announcement.
We should be careful on this kind of situation which tried to feed with our minds, because news regarding burning was not really beneficial. Because if that token or coin reduced supply through burning plans has no good and strong support from holders and traders, we can't expect any positive outcome even though that burns will be successful.
All we need is the reality, in order to make our choosen asset increase at profitable value. One example of that is ethereum, and I'm also hoping for other platforms to have this kind of strategy.