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RE: Why Burning Shitcoins Does Nothing For Price

in LeoFinance3 years ago

I want to be honest. I' ve got only altcoins( i know, for you shitcoins), the reason is because i entered in cryptos last April on Bitcoin's ATH. Iam sure for bitcoin's value but i believe several projects will succeed! When i heard a network starting a burning, ia a red flag for me, and i try to empty my pockets from that cryptos! Your phrase " when you can create more buyers, create less sellers", includes all the pathogenesis of this tactic!
Ps: show me some mercy, i know you are a raw btc maxi! 😂

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Make your bets, who knows? Some might pay off for you and if you feel its worth the risk. I just know it's not worth the risk for me, I am no trader, I can't tell you tops and bottoms and when to get in and out, that's not a skill I have nor want. I just want to be able to save, I don't want to gamble I don't want to chase yield I just want to put money away and not think of it for years while I work.

I am happy to work, I work hard, I just want to know my hard work will be there when I need it when I am old and cannot work as hard

Lol it's your money, its YOUR hard work you put in to earn it, I have no say in what you do with your money.

I am not trying to sell you on Bitcoin, in fact it benefits me when people don't buy it because I can buy it cheaper. I am just showing you my take on the risks in that market you choose to put your faith in

No hard feelings my friend. Its nice to have different point of view! What i appreciate the most on you, is your honest and stable opinion!