Quote from: Fivestar4everMVP on March 01, 2021, 04:45:54 PM

I personally have come across many deflationary tokens or coins, they are actually good for innvestment cus the more transaction are done, the more the coins are burnt, the more the coins are burnt, the more the supply is reducing to create more scarcity, and the more scarce a coin is resulting from low supply, the more the price is likely to go up.
But it still surprises me that even as good as the above sounds, i havent really seen a successful project with deflationary token or coin, they all end up as pump and dump coins, and this is for those ive personally bought in the past, am still holding one that is called blaze defi, its just been like six or seven months and the project already looked like it been abandoned as theres no much activity in their telegram aNYMORE.

In crypto HODLers never loose. Buy at dip and HODL. There isn't much risk involved in current price. People HODL BTC for years and see its price from almost 0 to 50k in just 10 years. In HODLing we trust.

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