Holding shitcoins will not make u rich - page 12.

sergiorus

sr. member

Activity: 840

Merit: 262

Quote from: khufuking on December 17, 2018, 01:03:17 PM

Quote from: sergiorus on December 17, 2018, 12:29:58 PM

bad example
most of those coins were pretending to be 'improved bitcoins' but as we could see all of them have failed
now alcoins aren't trying to substitude bitcoin but to participate with something new
and some altoins made some people flithly rich already: neo, stratis, ethereum, tronix etc

I am pretty sure that op did not mean by shitcoins coins like NEO, ETH AND TRON those are for sure are not shitcoins, but I still not agree with OP 100% because I know some people got crazy rich by holding shitcoins, but still holding shitcoins should not be an investment but a try your luck thing it may hit 1 time but for sure will miss the other 99.

so what did he mean by posting a screenshot with top-15 cryptocurrencies? obviously he means every coin except bitcoin is a shitcoin, which is typical notion of btc maximalist. is he right? hell no

BTCGOLD

sr. member

Activity: 958

Merit: 256

Betking.io - Best Bitcoin Casino

Quote from: karel88l on December 17, 2018, 12:19:22 PM

Because when new bull run will arrive there will be new shitcoins and your shitcoins will end dead or delisted from exchanges which can lead to 100% loss.History is always repeating.
5,5 years old chart:

Surprisingly some coins from this chart are up from then but volume on exchanges is low,so holders of these coins are truly bagholders.

What this photo presents is not "shitcoins". Many coins that are not in this picture were then "shitcoins", and now they are in the top50. Dogecoin, for example.
Certainly many coins will disappear, but if you have to sell something now for $5, it's better to hold it and maybe someday you will sell it for $5000 or you will lose only $5.

ableh

sr. member

Activity: 498

Merit: 251

CryptoTalk.Org - Get Paid for every Post!

Quote from: karel88l on December 17, 2018, 12:19:22 PM

Holding shitcoins will not make you rich !

I disagree, even though not all but the fact that some of them can be diamonds, because I have proven it. This is also to be the main reason why I am still collecting shitcoin until now, even though this is very risky but for me this is a pleasant investment. There is a few thing you should know if you want to invest in shitcoin. Don't ever buy it if you don't have more money, and don't expect too much. Just buy, hold, and forget it.

Raist

full member

Activity: 490

Merit: 102

Quote from: sergiorus on December 17, 2018, 12:29:58 PM

bad example
most of those coins were pretending to be 'improved bitcoins' but as we could see all of them have failed
now alcoins aren't trying to substitude bitcoin but to participate with something new
and some altoins made some people flithly rich already: neo, stratis, ethereum, tronix etc

Yea I was ready to tell nearly the same. This snapshot was made somewhere between the times and really is not the best example. Weak competitors of BTC mostly.

khufuking

sr. member

Activity: 840

Merit: 266

Quote from: sergiorus on December 17, 2018, 12:29:58 PM

bad example
most of those coins were pretending to be 'improved bitcoins' but as we could see all of them have failed
now alcoins aren't trying to substitude bitcoin but to participate with something new
and some altoins made some people flithly rich already: neo, stratis, ethereum, tronix etc

I am pretty sure that op did not mean by shitcoins coins like NEO, ETH AND TRON those are for sure are not shitcoins, but I still not agree with OP 100% because I know some people got crazy rich by holding shitcoins, but still holding shitcoins should not be an investment but a try your luck thing it may hit 1 time but for sure will miss the other 99.

landslide

sr. member

Activity: 616

Merit: 251

High risk with small money, Low risk with big money. Take a low risk even if you are investing in Shitcoin.

Om.monata

full member

Activity: 936

Merit: 100

shitcoin will only fool many people, no one can be lucky. so be sure to choose new coins that are potentially and more selective than choosing shitcoin because it makes a loss.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: Oniko on December 17, 2018, 12:39:55 PM

I think that now a very large number of stablecoins is being created. This will lead to the pumping of coins from the TOP 50, and their further sale at an inflated price.

What do stable coins have to do with pumping coins in the top 50? I don't see the corolation.

karel88l

jr. member

Activity: 313

Merit: 1

Sure,there are projects which are bringing something new (these Iam not calling shitcoins),but you have here ton (something around 2000) of coins which are copycats of each other like ton of privacy coins.

Oniko

member

Activity: 322

Merit: 11

I think that now a very large number of stablecoins is being created. This will lead to the pumping of coins from the TOP 50, and their further sale at an inflated price.

sergiorus

sr. member

Activity: 840

Merit: 262

bad example
most of those coins were pretending to be 'improved bitcoins' but as we could see all of them have failed
now alcoins aren't trying to substitude bitcoin but to participate with something new
and some altoins made some people flithly rich already: neo, stratis, ethereum, tronix etc

karel88l

jr. member

Activity: 313

Merit: 1

Because when new bull run will arrive there will be new shitcoins and your shitcoins will end dead or delisted from exchanges which can lead to 100% loss.History is always repeating.
5,5 years old chart:

Surprisingly some coins from this chart are up from then but volume on exchanges is low,so holders of these coins are truly bagholders.

Topic: Holding shitcoins will not make u rich - page 12. (Read 1917 times)