Quote from: Ziskinberg on August 15, 2021, 11:11:04 PM

Quote from: AnoniX1 on August 08, 2021, 08:07:32 PM

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).

Buring some of their tokens helps to increase the value of their project and having a chance to make a buy before it happens was a good opportunity to take but of course, we can't be sure if they were true into their roadmap, that is the problem. In fact, many cases happen that they will never follow their roadmap but rather have to make another because of some reason( which is literally not acceptable).
That is why it was best not to consider this as the basis for buying unless they have announced on their social media the date of the burning process just like BNB.

It's good if you support the project after doing your research, if the team is really performing and providing all the details about the plan this burning of volumes is good as it can push the value high,

BNB is the good example, the value of this coin is indeed performing well, with the news about burning coins expect that investors and traders ride with it anticipating that value will increase after.