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Topic: Do you trade shitcoins? (Read 6599 times)

full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
November 16, 2017, 01:11:12 AM
Yes ! I usually trade my shitcoins because i don't want to have many holdings of shitcoins. But when i sell it , i buy veteran coins to be trade. Veteran coins are godd in trading because you can ensure that your coins will increase it's value.
hero member
Activity: 3052
Merit: 685
November 16, 2017, 01:04:48 AM
If the shitcoins has some potential I usually buy and if pumping occurs Its the best time to dump it for profit of course theres no reason for holding shitcoins for a long time.  
That's completely like gambling, I don't view shitcoins as anything that has a potential and I believe it's going to be a big risk when I buy it.
When I was new I trade shit coins but my experience tells me that I should only focus on a coin that has a good potential so that when I buy at a high price I can still hold it and wait until I can sell for a profit.
legendary
Activity: 3472
Merit: 10611
November 16, 2017, 12:14:57 AM
Sometimes I trade a shitcoins which a very risks thing to do with. Shitcoins maybe profitable if you know how to play your day trading. But, much better if get rid of this shitcoins altcoin because you may loss some bitcoin.
yeah Shit coin is really very risky i lost my money many time by shit coin then i never go for shit coin now i just trade bitcoin which profitable and easy and i feel very secure with bitcoin and bitcoin trading give good incomes.

your issue is not because you traded shitcoins but it is because of your bad timing.
the shitcoins also get pumped and dumped, you just have to find when and enter as fast as possible and hen exit just as fast.

for example there was this shitcoin called MoonCoin or Moon for short. it was worth less than 1 Satoshi (about 0.1-0.08 satoshi if i am not mistaken) and earlier this year it was pumped hard up to 5 satoshis and that is nearly 5000% profit with a large enough volume to make a lot of profit out of it.
i caught it mid way up and made some small profit from it because i didn't have much on the exchanges which listed it.
newbie
Activity: 27
Merit: 0
November 16, 2017, 12:11:39 AM
shit coins are good if you know theres a pump happening

this chat for example updates when a shit coin about to get pumped

https://discord.gg/SFgx3U

has 1000 memebers so far id advice to become a member if you looking for a quick profit in shi
hero member
Activity: 994
Merit: 507
November 16, 2017, 12:08:59 AM
Sometimes I trade a shitcoins which a very risks thing to do with. Shitcoins maybe profitable if you know how to play your day trading. But, much better if get rid of this shitcoins altcoin because you may loss some bitcoin.
yeah Shit coin is really very risky i lost my money many time by shit coin then i never go for shit coin now i just trade bitcoin which profitable and easy and i feel very secure with bitcoin and bitcoin trading give good incomes.

You lose your money because you are not doing a right trade on the shit coin you've traded with but if you are more aware and not been so greedy for some huge coming unto it then I'm sure you will earn from trading those shit. Remember those coins are pump and dump coin so you should be there whenever time to time when you bought some of them since shitcoin tradings are so tricky and yet more profitable than stable coins.
True. I play a lot with shitcoins. Some of these are even dead and questionably pumping then I just joined the right and then sell it in the righ time before those who pumped it, dumped it. You just need to be wise and also be realistic. Another thing, be observant and watch it carefully since any moment the whales would dump it.
hero member
Activity: 2492
Merit: 542
November 16, 2017, 12:03:57 AM
If the shitcoins has some potential I usually buy and if pumping occurs Its the best time to dump it for profit of course theres no reason for holding shitcoins for a long time.  
legendary
Activity: 2758
Merit: 1228
November 15, 2017, 10:23:15 PM
Sometimes I trade a shitcoins which a very risks thing to do with. Shitcoins maybe profitable if you know how to play your day trading. But, much better if get rid of this shitcoins altcoin because you may loss some bitcoin.
yeah Shit coin is really very risky i lost my money many time by shit coin then i never go for shit coin now i just trade bitcoin which profitable and easy and i feel very secure with bitcoin and bitcoin trading give good incomes.

You lose your money because you are not doing a right trade on the shit coin you've traded with but if you are more aware and not been so greedy for some huge coming unto it then I'm sure you will earn from trading those shit. Remember those coins are pump and dump coin so you should be there whenever time to time when you bought some of them since shitcoin tradings are so tricky and yet more profitable than stable coins.
sr. member
Activity: 532
Merit: 280
November 15, 2017, 10:15:27 PM
Right now, i am not trading shit coins but definitely will trade it when i learn how to trade well. I want to try some coins if i am able to do it in the future.
If you have huge capital it is good to invest in shit coin you can pump its value and get good amount of profit, but if you have few capital much better to do safe trading just buy trusted coin to make sure your capital will not loose and generate good income.
Me i do not ever invest in shit coin i do not want to risk my money in coins has no possibility to increase its value i always do trading in bitcoin/eth/fiat it can make my income faster buy just closed monitoring of its value.
full member
Activity: 387
Merit: 100
November 15, 2017, 10:01:02 PM
Right now, i am not trading shit coins but definitely will trade it when i learn how to trade well. I want to try some coins if i am able to do it in the future.
hero member
Activity: 882
Merit: 500
November 15, 2017, 09:58:04 PM
Hi. I was just wondering what you guys' opinion is about the large volume of shitcoins, and if there is profit to be made in these coins. For example Lepen, Macron, TRUMP, Putin, and 85% of the other coins listed on YoBit.

Do you trade in them? If yes, what kind of volume? Is it worth it?

Would highly appreciate your opinions.
Yes , I am doing trade with those coins which are shit coins and also I am making much profit with those shit coins Because I have my own stretagy of doing trading Cool .
Usually I bought those coins by amount 0.01 of btc and then hold for the 1-2 weeks and with small.increase in the price is sell them with 10-20 Satoshi more rate ( easily profit into big % by 10-20) .
Here my favourite coins which are not much famous but are more profitable posw , Putin , creva , xvg , blry , trump , Pak , pxi , tam , TMRW , pxL , reddcoin , regal  and many more also .
These are those coins which are listed at another exchange also and at different different exchange have different different price , so sometimes more better to have trading from exchange to exchange.
member
Activity: 200
Merit: 10
November 15, 2017, 09:10:36 PM
Yes , something i did trade shitcoin cause maybe who know it will be come a better coin and giving you profit ?
member
Activity: 255
Merit: 10
November 15, 2017, 09:05:42 PM
i only do trading alt coins that are reputable and that coin alt gives me many advantages, for shitcoin i still hesitate.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 10, 2017, 09:22:31 PM
I have before. It comes down to how much risk are you able to handle. An uncertain gain with a huge gamble could net you huge profits. Just got to be smart here, and lucky. Never put in more than you can afford to lose!
Yes trading shit coins is like gambling because there is no assurance that you will earn by trading shit coins because the only possible way to earn money in trading shit coins is a manipulation that can be done either you, if you have huge capital then you can and also by the whales who got a lot of bitcoin that can manipulate the market.
hero member
Activity: 980
Merit: 506
May 10, 2017, 06:59:09 PM
Sometimes I trade a shitcoins which a very risks thing to do with. Shitcoins maybe profitable if you know how to play your day trading. But, much better if get rid of this shitcoins altcoin because you may loss some bitcoin.
yeah Shit coin is really very risky i lost my money many time by shit coin then i never go for shit coin now i just trade bitcoin which profitable and easy and i feel very secure with bitcoin and bitcoin trading give good incomes.
newbie
Activity: 40
Merit: 0
May 10, 2017, 06:35:26 PM
I have before. It comes down to how much risk are you able to handle. An uncertain gain with a huge gamble could net you huge profits. Just got to be smart here, and lucky. Never put in more than you can afford to lose!
legendary
Activity: 1050
Merit: 1001
May 10, 2017, 06:26:12 PM
Nope i do not trade shitcoins. But as per i know, shitcoins is an altcoin that becomes worthless day by day and also it turns out to be a scam operation. If you ask me, then i would suggest you not to trade with shitcoins. Because, it has a great risk to trade with this coin. Altcoins are the best to choose as trading.

If you check this link, you can see that there is no place for shitcoins. There are another coin with which you can go with long term investments.
https://coinmarketcap.com/

So, if you want to trade, do not trade shitcoins.
Yeaaa trade shitcoins is such as joining a MLM or ponzi scheme.
You might get profit if you do it in early days but it is never end with a good story .
Just think with that mindset and you will always try to avoid deal with shitcoins at all.

Shitcoins are no good at all in this industry actually, we all knew that, right? most of the shit was a ponzi scheme, but you will astonish why still shitcoins stand in the market, maybe because the greed people who are here in this community too I think.
That's why it called as shitcoin , as sooner or later the coin will get disappeared.
And even considered as a scam attempt behind since first day , people should be careful on placing huge amount.
Yeaaa mostly get greed when see there's a high daily volatile and they choose to get in the train, what a mistake!
sr. member
Activity: 336
Merit: 252
May 10, 2017, 11:12:03 AM
I try to only trade to old well know coins that are reliable. I must say I've invested 0.001BTC into ripple, I don't know if ripple classifies as a shitcoin. But I don't trust it 100% and I only wanted to gain some percentage off it.
legendary
Activity: 1792
Merit: 1283
May 10, 2017, 11:06:42 AM
I've spent some money on shitcoins a couple of years ago, but I quickly learned that it's just going to end in losses.
Now I only invest in established coins and very rarely in new coins that have interesting ideas or functionality.
hero member
Activity: 1582
Merit: 523
May 10, 2017, 08:54:56 AM
Sometimes I trade a shitcoins which a very risks thing to do with. Shitcoins maybe profitable if you know how to play your day trading. But, much better if get rid of this shitcoins altcoin because you may loss some bitcoin.
legendary
Activity: 1190
Merit: 1024
May 10, 2017, 01:51:19 AM
Nope i do not trade shitcoins. But as per i know, shitcoins is an altcoin that becomes worthless day by day and also it turns out to be a scam operation. If you ask me, then i would suggest you not to trade with shitcoins. Because, it has a great risk to trade with this coin. Altcoins are the best to choose as trading.

If you check this link, you can see that there is no place for shitcoins. There are another coin with which you can go with long term investments.
https://coinmarketcap.com/

So, if you want to trade, do not trade shitcoins.
Yeaaa trade shitcoins is such as joining a MLM or ponzi scheme.
You might get profit if you do it in early days but it is never end with a good story .
Just think with that mindset and you will always try to avoid deal with shitcoins at all.

Shitcoins are no good at all in this industry actually, we all knew that, right? most of the shit was a ponzi scheme, but you will astonish why still shitcoins stand in the market, maybe because the greed people who are here in this community too I think.
No one wants to trade in shit coins but how will one come to know it is a legal or shit coin. Only the very experienced traders can see what is real and whats a Ponzi in trade. Its not everyone's eye which can distinguish between real and fraud.
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