I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate. Very recently I came across deflationary tokens where coins are destroyed whenever a transaction is made and they will end at some time.
My question is what is the purpose of creating such coins? Are they worthy enough to be invested ?
New coins usually have the greatest degree of weakness, the habit of issuing new coins to weaken other coins, this is proven the more coins the more chaotic the market, on the one hand the emergence of new coins can provide an alternative for people to invest, considering the top 15 coins are very expensive to buy. bought.
But the weakness of new coins usually does not have good prospects for the first 1 year, so many people are not interested in investing, if asked whether they are worth investing in or not, it goes back to each person.
If according to good market analysis and development, I think it is worth investing in, this requires knowledge to know whether the coin is good or not, if we are able to see market conditions and have good analysis, then investment habits will be perfect. .
Not all coins are gold same way not all coins are scam. There are many good deflationary coins that have given good return to there investors. You can success story of BOOM.