Today I saw more than enough news posts about how some coins talk about a great ‘burning’ that should raise the price of blablabla coins.
Well, a hundred other shitcoins attract people with the same ‘burning’ while they have no other utility.
‘Sellers fee and manual burns should be good for the price’.
What about other more important things? What about utility and real world use? Will coins like that survive a bear after the hype is over? I don’t think so, but this is crypto and anything can happen.
Also everyone can do whatever they want with their money, I am not here to preach about what is a smart thing for you to do.
I am far away from an expert, a smart investor or something similar, this is purely my opinion that I wanted to share.
Also before someone starts saying ETH has burning, yes it does but has many other really important things that people should take a look at.