Quote from: coinism on April 23, 2022, 06:41:56 PM

Quote from: domoy77 on April 22, 2022, 07:08:30 PM

That time also can't guarantee that profits can come easily into BOOM, because all of that also really depends on the number of BOOM token enthusiasts on the market for 6 months or for one year.
So holding certain tokens for a certain period of time is not bad, but the profit is always related to the number of enthusiasts and demand in the market.

This is very much true that more token burning means lesser the supply of BOOM and if at the same time there is demand in high then surely price will go up. I think apart from token burning they must also focus on creating utility of the token because token burning alone cant increase the price of BOOM alone.

I would say its more about gamble then anything else. We will keep on discussing and tokens that have to go up will go up for unknown reasons despite the fact they have very small or no utility. Keep this factor in your mind if you are investing.