Topic: Deflationary Tokens - page 6. (Read 3816 times)
In crypto, no pain no gain. If you want complete security of your investment then invest in some govt scheme where profit is fixed and risk is zero. If you prefer to join wild fire of crypto then be ready to take risk.
You have given too little background information. I'll start with the fact that it is better not to carry money to projects that have only some kind of idea. It is better to invest in those projects that will allow you to sleep well even if they lose 40% of your invested funds.
PundiX will decrease the supply divided by 1000!! Also request network burned 10.000 tokens yesterday.
I dont think PundiX is deflationary or not but deflationary token main aim is to lessen the supply of tokens with time. This will create shortage of tokens in the market and rise in price of tokens over time.
PundiX will decrease the supply divided by 1000!! Also request network burned 10.000 tokens yesterday.
Sorry but I totally disagree with you mate, that crypto holders never loose depends on what you are holding, you can buy the dip of a good project or even buy at the top and still make good profit if you are patient enough, but if you unknowingly buy a shitcoin, and along the line, you discover the coin you invested in is a shitcoin, buy this time, there isn't anyone to sell to anymore cus no one is interested to buy, you end up with your that coin in your wallet forever with absolutely no value and no way to sell it even if it's for a peanut, this means you've lost your money, I've bought countless ICOs that ended up scam and I ended up loosing my money.
Well how can we decide a project is good or bad? there are many projects with good use case and other stuff fail to make any impact. While once a shitcoin in 2010 is ruling the market. Every coin is a shit coin before it see its first bull run. You have to make your decision on time to catch the train.
legendary
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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.
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.
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.
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.
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate.
Contrary to popular belief, deflationary coins and tokes are not due to diminshing emission, but rather to having a higher emission than demand. It is a concept that is frequently misunderstood.
You are right. One need to understand this fact also. Initially the supply of deflationary coins are way more then demand. with time supply will go down creating scarcity. It will time though.
I am well aware of coins with controlled inflation like BTC, where a finite number of coins will be generated at a controlled rate.
Contrary to popular belief, deflationary coins and tokes are not due to diminshing emission, but rather to having a higher emission than demand. It is a concept that is frequently misunderstood.
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.
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Indeed, almost all deflationary coins tend to pump & dump, because whales are easier to playing in market prices. Especially if they buy tokens during the pre-sale at a relatively cheaper price than at the time of listing. This will make them more flexible in carrying out their actions. I see that currently more deflationary tokens are adopted by projects using BSC. So, please be careful if anyone want to buy, because when ETH gas is expensive, BSC is the right choice for scammer to adopts.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
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.
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.
So basically these coins will go down in numbers with time and if everything went according to plan there is fare chance that these coins value will go up. Its a bet, whoever loves betting and willing to take risk can come and join this please.
I don't think it about betting. If you play smartly even then you can win. The key for this is DYOR and DYOR. Dont pay much attention to what others are saying.
So basically these coins will go down in numbers with time and if everything went according to plan there is fare chance that these coins value will go up. Its a bet, whoever loves betting and willing to take risk can come and join this please.
There is fair chance of these coins going up and one can huge profit if deflationary goes up. Those who are willing to take risk right now will be benefited by the first massive jump of this category.
You dont need a heavy amount to invest in deflationary coins. They are mostly very cheap. It's time to take the risk or move on. Seeing the behaviour of crypto tokens, every cin has a day. Rest is your choice.
Deflationary Tokens are in there very basic stages and while whole community is busy in buying BTC and associated alt coins very less attention is being paid to Deflationary Tokens till date. Thats why you wont see much activity in deflationary tokens.
Investing in deflationary coins is very risky as it not very clear whether they will fly high or go abandon by there teams. On the other hand, no pain no gain. Those who take risk, get high return.
I fail to understand why deflationary tokens still are silent in current bull run. Almost all niche of tokens have gained momentum in this bull run but not deflationary tokens. Can someone highlight wts the reason behind that?
Is there opportunity to speculate on these tokens and make money off of some greater fool? Oh hell yeah.
Do I see any of these deflationary tokens doing long term good for the world and having some intrinsic value? Hell no
Do I see any of these deflationary tokens doing long term good for the world and having some intrinsic value? Hell no
Being deflationary token doesn't always mean that they can gain value thru time. Actually, most of them will be dead in few months. The dev team is just enticing users that its value will grow overtime. But if there will be no actual application in the market and just banking on price manipulation, then, there's no hope for this kind of project. There's should be tangible use in the market so that it will survive.
Deflationary is a concept that is altogether different from crypto tokens launched till date. I am still doing my research on the fact that can a token having only deflation at its core can survive in the crypto world and my conclusion is that its possible.
Has any of you heard about Statera? In Statera, deflation is used as mechanism to capture value to single token, which is designed to live inside a balancer liquidity pool. For better explanation, check out their medium or website.
STATERA is doing great as per stats on CMC. Its price is reasonably good and in next bull run price of STATERA may cross 1$. Its the right time to invest in STATERA and other deflationary coins as there market is silent and tsunami is yet to come.
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