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Topic: Holding shitcoins will not make u rich - page 5. (Read 1951 times)

member
Activity: 546
Merit: 12
December 25, 2018, 02:20:54 PM
Yeah, that's definitely true. Holding shit coins wouldn't take you anywhere because there's a higher probability the coins will be worthless or they will die out (anyways majority of shit coins are dead already). It is in few occasions that shitcoins are able to prove to be anything better.
full member
Activity: 504
Merit: 103
December 25, 2018, 01:42:00 PM
In 3-4 years, Many altcoins will disappear and new altcoins replace into these coins. We should invest all coins but we should not stay on altcoins for a long time. In bear season, definitely, you should invest to Bitcoin ethereum instead of altcoins.
sr. member
Activity: 1106
Merit: 398
Duelbits
December 25, 2018, 01:25:41 PM
Really ? iam buying a shitcoin name Dime at Yobit at pair LTC with a cheap price. and iam selling that at 2017 more than 1 BTC with pair BTC at 1 sat for more than 4 month. Shitcoin its a good for the people with low value asset, but remember shitcoin like gamble so always remember you throw your money into a trash and change that for a gold at there.
full member
Activity: 518
Merit: 100
December 25, 2018, 01:03:44 PM
It seems to me that even bad coins without any idea can grow several times in a bull market. but over time these coins will be eliminated

These shitcoins come to the market to be pumped, and then, they vanish. Unfortunately, it is not so easy for a person, who is not a crypto professional, to understand if the new coin is good or not.
member
Activity: 238
Merit: 12
December 25, 2018, 12:19:23 PM
Holding shitcoins made me rich, it all depends on when you enter/exit your positions

Trading with shitcoins with correct entry and exit points has made you rich, not longterm holding.
member
Activity: 238
Merit: 12
December 25, 2018, 12:15:27 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.

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

Yes, coins like namecoin, peercoin, devcoin aren't even in picture now. Namecoin is now ranked 230.
Even good project LTC is no more in position no. 2. So, it is always good to flip your alts and stay in BTC.
sr. member
Activity: 840
Merit: 262
December 25, 2018, 11:32:11 AM
Holding shitcoins made me rich, it all depends on when you enter/exit your positions
good point
it's literally impossible to become rich with non-shitcoins
unironically you need to be already rich to make huge profits with top coins
member
Activity: 616
Merit: 30
December 25, 2018, 09:17:04 AM

It depends on how long are we talking here about holding of shitcoins because the lifespan of shitcoins mostly takes couple of years of existence,but sometimes some of this got pumped as early as investors find this suitable to pump then what happens is the life of the said coin becomes more shorter than what this supposed to be
hero member
Activity: 1302
Merit: 503
December 25, 2018, 08:23:43 AM
Holding shitcoins made me rich, it all depends on when you enter/exit your positions
- From a positive perspective, holding shitcoin can really make us rich, but it needs a condition that whales want to pump that shitcoin and this is a very difficult condition when this market has too much shitcoin, although we can choose to increase our luck chances but that will not be enough. And after all, we can see that the rate for us to become rich from shitcoin is very low, almost we will fail and waste money in vain, instead of trying to choose such too dangerous investments, we can turn to potential investments, make money everyday, long-term accumulation will also make us rich
sr. member
Activity: 686
Merit: 250
December 25, 2018, 06:45:15 AM
Yep, it makes no sense to hold sheetcoins, after all, most of them have lost up to 95% of their value during this year. You need to transfer your money to those assets that will not die. If you continue HODL strategy, you may be left with nothing.
full member
Activity: 238
Merit: 100
December 25, 2018, 06:12:21 AM
Holding shitcoins made me rich, it all depends on when you enter/exit your positions
full member
Activity: 335
Merit: 100
December 25, 2018, 05:39:08 AM
If you only hold it for a short time shitcoin won't make someone to be rich, but this does not mean that all shitcoin is really shit. Because some of them if you hold for a long time can turn into gold and even diamonds. So the point is, all this depends on what shitcoin you hold. If you buy it randomly without doing analysis first, I'm sure you won't get anything.
sr. member
Activity: 1176
Merit: 265
December 25, 2018, 05:11:09 AM
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.


Mnah and do you know more about these coins? They are just copy paste of Bitcoin´s open-source code. They are not diffrent, they are not interesting.
But now, look at altcoins, most of them are totally diffrent, diffrent use, diffrent blokchain, diffrent end users.
member
Activity: 249
Merit: 10
December 25, 2018, 04:58:22 AM
shitcoin is a bad coin in terms of developer, technology, marketing, etc. If you hold shitcoin too long it will result in a lot of losses, but if you have a pretty good strategy in handling shitcoin then it has its own advantages.
shitcoin is a perspective, but if in the end the developer does not have a sustainable program, for example, only focus on 1 exchange market that has a volume that has a quiet volume, then you have to sell it as soon as possible. lots of shitcoins that were eventually abandoned by the developers themselves after they made profits according to the target and then handed over the fate of the holders on the market.
sr. member
Activity: 938
Merit: 250
The First Idle Defense Blockchain Game
December 25, 2018, 04:43:24 AM
No, not BCH. Please search and invest in other altcoin, which is better than BCH. why do you think if BCH is a good coin for longterm?
For the long term, it would be better for us to invest in Bitcoin and ethereum. because in the current market conditions to choose a good altcoin we can also have difficulties. but what is clear is that bitcoin never disappoints for long-term investment.
hero member
Activity: 665
Merit: 500
December 25, 2018, 04:39:38 AM

If you want to hold for the long term, do you think BCH a good coin?
No, not BCH. Please search and invest in other altcoin, which is better than BCH. why do you think if BCH is a good coin for longterm?
jr. member
Activity: 252
Merit: 1
December 25, 2018, 04:10:23 AM
shitcoin is a bad coin in terms of developer, technology, marketing, etc. If you hold shitcoin too long it will result in a lot of losses, but if you have a pretty good strategy in handling shitcoin then it has its own advantages.
sr. member
Activity: 817
Merit: 250
December 25, 2018, 03:11:57 AM
Isn't unusual for now that a lot of coins in our wallet seems to be becoming a shit coins due to market condition. Of being undervalued for now, it is totally no sense nor it give you profit, it could be better to dispose while its still have a value. Though there is a speculations that market will recover but I'll doubts it could turn this shit coins into valuable.
I thought, how many things we have now become dirt in the wallet is not because of market conditions. Market conditions make the value of our assets diminish, not the coin assets that have no value. when many coins have no value, it all becomes the fault of the team who are unable to develop their platform. when a coin drops in value due to market conditions, then calm down, you will get your money back when the market grows again. you only need to be patient.
sr. member
Activity: 812
Merit: 256
December 25, 2018, 03:09:34 AM
Yep holding of shitcoins wil not make us rich but this screen isnt so right as many said at that stage most of coins were just copy of BTC with other name, so its normal most of them are died now as noone need them, but now most of devs understand new coins must bring somthing new to market or there are nothing its good for everyone.
hero member
Activity: 2828
Merit: 518
December 25, 2018, 02:59:21 AM
Isn't unusual for now that a lot of coins in our wallet seems to be becoming a shit coins due to market condition. Of being undervalued for now, it is totally no sense nor it give you profit, it could be better to dispose while its still have a value. Though there is a speculations that market will recover but I'll doubts it could turn this shit coins into valuable.
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