Which is good for a crypto?- Burning or Airdropping?

[Bond07 166]

Token burn is a part and parcel of a crypto project. Owners of the projects always try to connect more and more people with their projects. Some of them distribute an amount among the people to do this and others are doing token burn so that people can realize about the positive movement of the token in coming days and buy this.

What do you think? Which is good for that token?

[leakydonney 1402]

Normally crypto burning is the best for a crypto token and sometimes is known as a form of airdrop due to the value of community holders' tokens increasing with a common reason of boosting the value of each token by reducing it's existing supply by influencing the price of a token, or coin, in the market.

[Zeshan Khalid 2577]

Burning increases the value of coin by reducing its supply and airdrop decrease price by increasing the supply. Both conditions are beneficial for some people and bad for some people.

[Husnyjaf 1784]

7 hours ago, Zeshan Khalid said:

Burning increases the value of coin by reducing its supply and airdrop decrease price by increasing the supply. Both conditions are beneficial for some people and bad for some people.

I don't have any idea about burning nor airdrop. As a bigginer most of us find it difficult to make comments on most post here. We are not familiar with most words here. It's our long time staying here that will make us more familiar to some words.

[Biojay 2080]

Hello everyone, to me honestly, I don't have or know anything about burning or airdrop, I am new in crypto world, cryptotalk is the first cryptocurrency forum I have joined and I keep on learning everyday.

[Mouhadheb 196]

Both of them have their pros and cons. Airdrops bring new customers, but they get a lot of sales orders that often make the currency depreciate.

[Raqeebzy 6456]

There could be a case of aidrop and also token burn; I can't really picture how those two can't go along in a cryptocurrency project. Burning is to reduce inflation rate of the token and aidrop on the other hand is to ensure more distribution and familiarity of the project with the public. Again, two different things.

[Calvinpriva 17296]

Airdrop can reach the targeted amount of participants and even more, i see a lot of legal projects they become more succeed because of good airdrops. I am not sure but i think airdrop is the most recommended by many people than burning. 

[duncun007 3577]

16 hours ago, Mouhadheb said:

Both of them have their pros and cons. Airdrops bring new customers, but they get a lot of sales orders that often make the currency depreciate.

the problem with airdrops is that you will have many people having your coin with no interest to keep it in long term, and as soon as the coin is listed they will dump their holdings.

[BrolySSJ 7899]

To be hones they both have their advantages. Whereas airdrops will encourage the users of the currency and those that are interested in it to promote it among other people via social media platforms, burning will reduce the supply of that coin in circulation which will ultimately increase its price if the demand for it stays the same. Personally i think airdrops are better because it works from the ground up and creates a strong foundation rather that attempting to create or emulate that demand after the coin has been released by burning. 

[Ridam 7455]

On 11/13/2020 at 10:42 AM, Bond07 said:

 What do you think? Which is good for that token?

For those who aren't a part of that project before, airdrop is good as they can take part in airdrop task and earn some tokens. But for those who are holding the coin already, it's bad point as it will increase the coin circulation in market causing the decline in price mostly. And Burning is beneficial for them as it's decrease the coin supply pushing the price higher.

[Irungu 4299]

I think airdrops and its important we work on that its really important we work on that and put together everything in the right perspective the right idea right now is to work  and create good solution there is a lot of good that comes through airdrops , the worst is the time they bring to take you and give you some money in

[Brandonsaw 1973]

I believe that both are important to launch on the air since they distribute cryptocurrencies to the public so that their cryptocurrency becomes more known and has more purchase and sale orders and the burning of tokens to improve the price, that is why the 2 are very important.

[hani20980 2706]

Burning of the token supply will increase for sure the price of that token because low

coins will be available in the market but with airdrop the opposite happens because

you will have more coins in the market

[Johermi 1170]

When there is a token burn, the most benefited are the owners of it because the token will increase in value but when a token is launched into the air the token tends to lose its value because everyone will want to sell it 

[velasco19 1753]

6 minutes ago, Johermi said:

Cuando se quema un token, los más beneficiados son los propietarios del mismo porque el token aumentará de valor, pero cuando un token se lanza al aire, el token tiende a perder su valor porque todos querrán venderlo. 

You are absolutely right, Airdrops seek to reach more people who know about your project, but almost always the currency is greatly affected by the people who participate because everyone seeks to sell as soon as it is listed in a market. On the other hand, the burning of coins benefits their holders due to the lower supply in circulation but will only rise in price if the coin maintains a good demand.

[Edwinvicky 819]

Past years many projects burn tokens after ICO sales to reduce token quantities and increase the token price. But this days,many projects prefer airdropping to their participants and community to gain popularity and increase sales.

[Maaz sultan 265]

I thing that burning is more beneficial for making crypto more stronger as we see that when airdrop distributes the users sell all the coins and it cause a high fall of the price of the specific coin .

[Pranto1 40]

Airdrop can reach the target of the participants and much more, I see a lot of legal projects they are more successful because of good airflow.  I’m not sure but I think Ederdrop is the most recommended by many than burning.

[Amiami 1362]

Usually when a project seeks to generate volume in the market, it performs Airdrops while if liquidity is required, the burning of tokens is promoted, what I mean is that while an AirDrop usually lowers prices but generates volume, the burning of tokens  It does the opposite, lowers supply and increases demand, I prefer the proposal of burning tokens, it is safer.

[Syedbesharat 5423]

On 11/13/2020 at 9:57 AM, Bond07 said:

Token burn is a part and parcel of a crypto project. Owners of the projects always try to connect more and more people with their projects. Some of them distribute an amount among the people to do this and others are doing token burn so that people can realize about the positive movement of the token in coming days and buy this.

What do you think? Which is good for that token?

Giving some amount of coins in shape if airdrop is a best thing which gives project good promotion and people attract investors. And if we look into burning it's mean lowering the coins number to gain more adoption. Both have advantages and disadvantages to me airdrop is best because it's give some benefit to people who can't buy or wana earn coin with completing tasks. 

[ShiNorton 906]

Token burning is good way to prevent scammers to play in price pump and dump by using excessively  high token holding distributed through the bounty or the air drop programs. Burning is always a good idea I think so. 

[Jromz 2158]

Both, airdropping and burning are intended to benefit a certain cryptocurrency. The former by promoting the adoption and usage, and the latter to reduce the circulating supply to control inflation. Unfortunately, many people sell the airdropped tokens as soon as they get them, which negatively affects the token price due to the supply and demand dynamics. 

Edited November 16, 2020 by Jromz
typo

[Khan 1414]

On 11/13/2020 at 10:26 AM, leakydonney said:

Normally crypto burning is the best for a crypto token and sometimes is known as a form of airdrop due to the value of community holders' tokens increasing with a common reason of boosting the value of each token by reducing it's existing supply by influencing the price of a token, or coin, in the market.

Well it depend on you as if you can afford to buy a coin which you like and think that it will return good profit then go for it otherwise I will recommend to get it free by joining the Airdrops/ICOs.

[malik6314193 5449]

If anyone have big community and he want investors and price pump up then he need to tokens burn. But if token is new in market then airdrop is best to attract new investors.