Hey folks, today Binance announced the BURN It will happen soon.
I went all in BNB - the pump should start any minute now r-right?
BNB BURN
yes
But it really doesn't look like it.
Why is it not skyrocketing?
when are people gonna learn that coin burns do literally nothing short term
It's never pumped before a burn, or straight after! Go look at the charts.
Awww cmon, it wasn't supposed to work like this.
PUUUUUUUUUUUUUMMMMMMPPPPP
If I remember correctly, the burn before last it actually got dumped!
Just hold onto it. It'll reduce your fees and will pump another month before the next burn.
Yes thats the question.
Will it pump again before April 15 or is it over for this quarter.
Hmpf..
Nobody gives a shit about Binance anymore.
Yes but you could sell now, trade in the meantime and buy back in 2month.
And ofc keep some for fees.
BNB doing pretty shit. Looked like it was gonna pump quickly yesterday but it didn't even touch 18
It's doing quite shit-tacular.
Yes I think it's over for this quarter.
To be honest, bought at 0.0008 and sold at 0.0016x - not too bad.
I mean theoretically it's in our best short term interest for the price to dip before they buy it. If they're buying with a set amount of profit, they'll end up purchasing more BNB/$, speeding up approach to the burn cap. My money is on it rising a week or two after the burn
Why would they buy now and not over the past 3 weeks?
I think they already accumulated.
However, imo the price will drop after the burn and not go up, unless there are some new announcements.
Price is already way down from peak, won't be another dump.
Priced in and too risky, they already announced the burn is random, so tokens in your wallet can be effected as well...no thanks
Yes. Absolutely.
You sell the news user. It always peaks about 2 weeks before burn.
What's your sample size for this pattern you've found?
I hodled last 20 days and sell today 1 hour before everything pumped except bnb. Will buy back in 10 days.
Fucking Binance won't let me log in.