Topic: Do you sleep well investing in shitcoins? - page 2. (Read 707 times)
there are to many variables at play to do that. investing in crypto's is pretty risky in itself but investing in known shitcoins is just more gambling. i at least like to have a good chance to make some money.
Serious question.
You can make many money with them or not, I see them like lottery.
Don't invest on shitcoin , i have try investing one of them it's just dumping i lost a lot of money on it, but lesson learn first analyze the coin before investing on it , Some shitcoin really make you a lot of money but don't push your luck on it, because it may be the reason you will lose a lot of money. You can make many money with them or not, I see them like lottery.
I sleep good because I only invest money in shitcoin which I can lose so no problem with that
Shitcoins are the junk altcoin developed by the team in order to push prices to a large profit and then disappear. Few shitcoins exist long after the market because most of them have no long-term development orientation and plan. I think investors should focus on long-term projects to invest, ignore the shitcoins because it does not bring sustainable value to you. 
Yes you are right, it is nothing more than the lottery. For this reason I never invested in any, and never will, because odds are against you that you will make money. It is so easy to make money by trading established crypto-currencies, why the hell should I get a bad moment with shitcoins ?
the questions is, why you invest in shitcoins ?
if you know thats shitcoins you should stay away and don't make any investments
if you know thats shitcoins you should stay away and don't make any investments
people like you seeing them like the lottery are the same reason the market goes through such rapid swings and the worst of the worst coins like bitconnect become multibillion dollar scams. People don't spend the time to look at the projects and find the real quality ones that are actually innovative. Most of those are at much lower market caps because they are actually making improvements and not just spending all day advertising and making false promises. Spend some time, get an understanding of the blockchain and it will be clear as day what projects are worth buying and what projects to stay away from.
So to answer your questions I sleep like a baby on all my shitcoins.
So to answer your questions I sleep like a baby on all my shitcoins.
I strongly believe that no reasonable human being will invest his or her money in a shitcoins if he is fully aware that the coins are shitcoins. And after investment you find out that it was actually shitcoins that you invested your money you have no option than to face the music and as for me, I will sleep well and learn a hard lesson from my mistake for not doing enough research before investing those coins.
I sleep good because I only invest money in shitcoin which I can lose so no problem with that
Of course I do, it is money I can risk, after all.
You, OP, on the other hand, have probably far greater threats on your future, judging by your nick.
You, OP, on the other hand, have probably far greater threats on your future, judging by your nick.
I think it's better to spend more time and invest in solid project. I usually dump bad coins early to minimize risk and sometimes the price gets really high 
I really don't understand why some shitcoins are so hyped/expensive...
Easy profit. Take TRON for example(not saying it's shit) a coin goes 100x within a week, for some reason that I'm still not sure, don't you think people are going to get hyped about it. Who won't like the idea of making your money 100 times. I really don't understand why some shitcoins are so hyped/expensive...
I have two babies. Where I invest doesn't affect my sleep. The small rascals does. 
Yes I do.
Howerver I get used to often opening Blockfolio app just for fun, as do not pretend to sell or buy more in most of those times I open this shit.
I do recommend you to sell part of your portfolio it its annoying your sleep. It just does not worth man.
Howerver I get used to often opening Blockfolio app just for fun, as do not pretend to sell or buy more in most of those times I open this shit.
I do recommend you to sell part of your portfolio it its annoying your sleep. It just does not worth man.
Yes they are totally lottery I agree but, most shit coins are able to stay stable in a crash and I don't think people invest in those coins big amounts like $100K, people invest little amounts in them.
I trade some shitcoins as we call it. But only for short trades. I've earned a few hundred dollars trading them. Just don't keep them for so long. I prefer investing on legit ICOs with promising projects. Money is important we should put them where we could earn and benefit.
No, and it's why I don't. I only play the market with coins/projects I believe in that way even if an entry point for a quick flip doesn't immediately pan out I sleep well holding until I can sell. Up nearly 500% this month and all of my investments are still long term holds.
I am a good thinker so I rarely sleep well. When investing in them, I worry more. Do not know how the bitcoin market will change? How to recover the fastest way. I will change the way of life, less thinking to have good sleep.
I did invest in shitcoins before it makes me lose. Much better to invest those worthy coins in shitcoin we dont know its project. Always invest that can benefited you all about and can give you profit with a good sleep.
i sleep very well!
dont take advice from others on a whim just because they said "this is the next big thing for 2018"
if we do our own research before investing an any coin we will sleep well.
when you invest in crypto you should only put in what you are willing to loose because anything can happen
and your favourite coin investment can be overtaken by a newer and similar one.
try and be prepared by keeping up to date with what is going on and you will sleep easier.
dont take advice from others on a whim just because they said "this is the next big thing for 2018"
if we do our own research before investing an any coin we will sleep well.
when you invest in crypto you should only put in what you are willing to loose because anything can happen
and your favourite coin investment can be overtaken by a newer and similar one.
try and be prepared by keeping up to date with what is going on and you will sleep easier.
Don't invest in absolute shitcoins, invest in lowly hyped coins with good projects behind them, ie BPT,
medium term hodl's are fine for sleeping well
medium term hodl's are fine for sleeping well
Won't say I haven't invested in some couple of shit coins, which I have learned my lesson. But I did and do sleep well, won't let FUD get to me that easily.
They are definitely a lottery and people are still putting their chance on their luck. Some shitcoins have paid us well and the dev team has proved their existence even after being a shitcoin for a long time.
Jump to: