can shit coin be the best coin if the project and product is real ?

mammoniter

full member

Activity: 574

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 PM

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?

I don't really know what do you mean by shitcoin. If you mean the decreasing of coins value once its listed in the market, I think that is quite normal specially in a newly released coin. A good project with a working product is a good reinforcement for the coin to increase its value but a new coin in the market will always have a cheap value in the beginning. Just give it time and let the product works.

ropyu1978

hero member

Activity: 1904

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 PM

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?

overall the market has experienced a very steep decline. I think this is a cycle and an accident and correction. bitcoin is very binding and this affects other crypto. and for the altcoins you have you should try to review and try to find new information. and if the project is not running it should be forgotten and try to find something else that can bring profit.

Karlinz

copper member

Activity: 280

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There is no direct relationship between a shit coin and real project, any project would have passed the test and crossed the scrutiny before it should be tagged real and not shit. However a lot of persons tag shit coins as those that their prices have tanked but that is not the criteria, tron dumped very huge after the 2017 bull season, it does mean it is a shit coin, shit coins are those that do not have any user cases, no whitepaper or very scanty, shady developers, on lower exchanges and often pass through as pumps and dumps and are ephemeral

DmitFomin

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Activity: 280

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BTC $1 mln.

Quote from: ?? on ??

The problem is that there are still literally thousands of worthless alts out there which need to see more consolidation of developers, investors and communities. Quality is key right now!

Perhaps it would be better for useless projects to simply leave the cryptocurrency market, because, due to the large number of such projects, it is difficult to find and study a really promising project. Thanks to a long bear trend, the market has cleared of useless projects, but I think that there are still too many of them.

Delilonia1

member

Activity: 463

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If the project is going to be a good one to invest in, I think it shouldn't start with shit coin. Sincerely, many investors will be discouraged to invest and will rather hold their money. It is possible the price rises with time but since it is a shit coin, what happens if the price goes down instead?

shooleh

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Personal Text: Revolusi industri erotis di Blockc

Not many coins can go back to the top and maybe more people are attracted to new coins. I think the current price of Bitcoin is rising very high. But there are still many old altcoins that have not climbed. But we also have to stay patient because I am also sure if this old coin will be re-inflated soon.

efrenbilantok

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 PM

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running,

You can't call it a shitcoin if the project is still working and they have a product, you call it shitcoin when there is no development going on with the project and thus looks abandoned where there is no future for it to come and is just waiting to become dust.

Fundamentals Of

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Activity: 2380

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 PM

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?

A shitcoin is a shitcoin because it does not have any purpose or use at all. Neither is the project even functioning or moving forward according to their roadmap. The developers are even gone and there is no product released. They have no active marketing and partners. These make a shitcoin a shitcoin. But if they have a useful product, great development team, fulfilled roadmap, existing partners, and so on, even if their value is way lower than the ICO, their coin is not a shitcoin.

Jaggi90

copper member

Activity: 476

Merit: 0

Considering a low price coin as shit coin is a foolish thing. Every project growth is related with the product and if the product will be in demand , the price of that coin will automatically goes high. Judging any coin with their initial price is not a good thing.

tracyhayley

full member

Activity: 652

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The coin will be a good project if they have a good vision, good products and good communities. They become a shit coin because the products is nowhere to be found or They have communites with a lot of member (hundreds or thousands members), but only ten people who active in the communties.

oemar bakrie

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SOL.BIOKRIPT.COM

Nothing is impossible
Can make this token very high depending on the work of the team itself and the price change depends also on the price of bitcoin which is the benchmark of all cryptocurrency tokens.

kawetsriyanto

legendary

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duelbits.com

The first thing that we must know is that when investing in a new coin from the new project, we must be aware that it is for a long-term investment or holding, never think it will be for short term sale and we get big profits (not at all). Most investors have known and understood that when the new coin listed on an exchange, the price will be also down, never be higher than ICO price.
That is why most of them are not worried about it.
Lower price or down price doesn't mean that the coin will be a shit coin. If the coin really brings very interesting and promising features and products, believe that two years later, this will be a very great coin with a high price.

Kiefner

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The presence of a working product is the key to the success of the project. I believe that if the team is working on their product, the price of their coins will increase sooner or later. If this does not happen, then the project does not work so well and such a coin doesnt matter.

TheBusstop

jr. member

Activity: 280

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it all depends on what you called a shitcoin. some projects are after the fortune; waiting for a bull run to hit the market. a good coin with a prospect never wait for market movement and will never depends on how it dumps. the project will always stand no matter the market condition. long term or short term.

Twinkledoe

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Quote from: mendra_2009 on July 05, 2019, 11:16:17 AM

I want to argue that shit coin is very able to become a more successful project. If the project development team works hard to market its products and has a real function, I think it will reach an easy path to success. So I think all have the same opportunity to succeed, provided the project is taken seriously and has no purpose of manipulation or scam. Investors will continue to see it and are interested in entering to invest more.

And if that coin is considered to be shitcoin at first but it turned out to be productive and usable in the market, so it is not a shitcoin anymore. The dev team might be in a serious mode in pushing the developments of their coin. A project with real product and real users is not considered a shitcoin on my perspective.

Mihawk

sr. member

Activity: 1149

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So, try to imagine or even find out what this coin has to offer and make available to the world. How much weight does it carry? After these research and discovery scenaries, you'll probably get the feeling if this shitcoin will be altcoin.

fallensky7

member

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Of course it can! The cryptocurrency market is very volatile, and the fact that today is not worth one cent, tomorrow may cost a dollar, and vice versa. If the project is working and will bring benefits in the real world and constantly evolve, then I think the price for it will grow over time.

Flezy

jr. member

Activity: 707

Merit: 1

There is nothing good, better or best about any shit coins, thus they were not called shit coins for calling sakes.
Also, since shit coins lacks the good thing that is to say any coin whose product is real isn't a shit coin. The price might be low now or discouraging but with the real product, one day it will regain its value.
While on the case of a shit coin, once the price starts going down forget it, the chances of going up might never come.

BryanK

sr. member

Activity: 812

Merit: 250

I still think that investing in shitcoins is very promising. Yes, in most cases, the coin can not get out of this pit. But if the project team develops its product then this coin is doomed to success.

Chrystora123

full member

Activity: 1414

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Omicron is another FUD

of course.. why not!!! in the eyes of investors cryptocurrencies are purely business, but investors are not stupid, they will survive and fight along with their investments, and a shit coin is also very likely to be the best if the developer struggles to improve the concept and make their products attractive to the eyes of investors and buyers.

Topic: can shit coin be the best coin if the project and product is real ? (Read 865 times)