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Topic: Holding shitcoins will not make u rich - page 7. (Read 1951 times)

hero member
Activity: 2632
Merit: 833
December 22, 2018, 09:54:11 PM
That's why they are called shitcoins in the first place, lol.

Anyways, I have dumped my shitcoins way back when I got tired of the bearish market and I'm glad I did because all of them are flat liners and If I continue to hold them today, I will just be disappointed and not making money so I sell them and just go gambling, lol.
hero member
Activity: 2814
Merit: 576
December 22, 2018, 06:56:23 PM
Of course, I've never hold it, in fact, I sell it once its still have value in the market. Mostly shit coins were listed in low volume exchange which there is no investors will have interest to look and buy coins in there.
It is strongly recommended to avoid holding that shitcoin. Shitcoins will eventually lead to a scam, where the developer sells all coins from the supply. I'm understand and not surprised to see once the price goes up, many people will be in a hurry to sell it.
A lot of coins become undervalued for now and many of them were totally delisted by many exchanges, this means that certain never shows market investment and nobody is buying on it. Holding such coins is no used at all, we better to sell them all and empty our wallet while its still have a small amount we might get.
sr. member
Activity: 672
Merit: 251
December 22, 2018, 06:33:10 PM
Of course, I've never hold it, in fact, I sell it once its still have value in the market. Mostly shit coins were listed in low volume exchange which there is no investors will have interest to look and buy coins in there.
It is strongly recommended to avoid holding that shitcoin. Shitcoins will eventually lead to a scam, where the developer sells all coins from the supply. I'm understand and not surprised to see once the price goes up, many people will be in a hurry to sell it.
full member
Activity: 2548
Merit: 217
December 22, 2018, 03:05:12 PM
It's possible why nit all have an possible chance to increase their value at coinmarketcap price eitenr shitcoins or not, investing in cryptocurrency depending on the people strategy how to get earnings choosing altcoins to give them better lives in the future.
sr. member
Activity: 434
Merit: 250
December 22, 2018, 01:27:49 PM
It'll come true Smiley. Nobody can become rich by holding shitcoins because after these big dumps, I think only good cryptocurrencies with high rank on Coinmarketcap will be able to rise back when bull run happen in the future Smiley. There are so many guys keep holding shitcoins and hope that bull run will come asap Smiley))
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
December 22, 2018, 01:21:12 PM
Hey. I agree that it can be, but it gives us the opportunity to find out which coins generate income.
If you know it is shitcoin then why you choose this coin. So I don't accept this statement because everyone trying to choose the best coins so one day will going because of economic development in each crypto. I think shitcoins are listed in worst exchange so we can find easily and one day crypto will make huge profit.
full member
Activity: 574
Merit: 104
December 22, 2018, 01:13:44 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
But those coins are good coins, we know that no coin can compete with bitcoin but that doesn't mean that all altcoins are useless, I agree with the OP, if you are investing in coins that do not bring any improvement to the market and you are expecting that those coins recover when the next bull market appears then you are going to lose all your money because those coins will disappear before the new bull market arrives.
Yes, today competitor for BTC don't exist. But what will happen after 1-2 years? Nobody knows. BTC is the first and basic but his technology has some borders. I don't like many tokens and coins. I think we don't need more than half. But BTC should be changed. And team do it
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 22, 2018, 12:41:43 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
But those coins are good coins, we know that no coin can compete with bitcoin but that doesn't mean that all altcoins are useless, I agree with the OP, if you are investing in coins that do not bring any improvement to the market and you are expecting that those coins recover when the next bull market appears then you are going to lose all your money because those coins will disappear before the new bull market arrives.
member
Activity: 322
Merit: 22
December 22, 2018, 01:40:06 AM
Hey. I agree that it can be, but it gives us the opportunity to find out which coins generate income.
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
December 22, 2018, 12:39:16 AM
Generally speaking you're correct in that there are better opportunities at this stage in top alternative assets considering the direction of capital influx in the near future however, this does very little to dissuade true HODL'ers as they'll likely bag hold forever if so inclined and you never know when an old project may be revived and become worth something again
full member
Activity: 700
Merit: 136
December 21, 2018, 07:44:11 PM
Shitcoins are not for holding for the long term but for quick trade in and out only.  Moreover, just avoid completely shitcoins listed on only one or two low volume exchanges.
full member
Activity: 1316
Merit: 126
December 21, 2018, 06:55:11 PM
Of course, I've never hold it, in fact, I sell it once its still have value in the market. Mostly shit coins were listed in low volume exchange which there is no investors will have interest to look and buy coins in there.
member
Activity: 476
Merit: 17
December 21, 2018, 05:04:43 PM
#99
IMHO most of this "shitcoins" were great, have super IDEA - not just another ERC 20 utility token. 
I don't see the fairness in OP post. We have way more shittokens now than coins.
unfortunately, it seems most people can't figure out the differences between a token and a coin.
It's very cool to be edgy I guess
jr. member
Activity: 322
Merit: 1
" Blockchain meets social network "
December 21, 2018, 03:31:32 PM
#98
You should be more careful to choose a good and potential altcoin and you should buy coins like Bitcoin which can certainly benefit you.
it's true, we need to be careful and very selective in choosing altcoins, otherwise we get precisely the losses are not the advantages we expect.
sr. member
Activity: 980
Merit: 261
December 21, 2018, 01:10:48 PM
#97
Well those coin that is listed are now on the bottom maybe because those coin had been overtaken by the newly released coin in the market, investors dont want to put investment for too long usually investors will only consider a coin for a 2 year frame.
legendary
Activity: 1652
Merit: 1000
December 21, 2018, 01:06:02 PM
#96
Only bitcoin and Litecoin can survive until now but the rest are dead but indeed this is the fact of cryptocurrencies that in the future only good coins will survive and this is could be good reference for me that for long term investment altcoins are too risky and even though currently there was few altcoins can reach high positions on coinmarketcap because high of volume support but there is no guarantee the volume will always be high
hero member
Activity: 1596
Merit: 502
December 21, 2018, 12:10:24 PM
#95
You should be more careful to choose a good and potential altcoin and you should buy coins like Bitcoin which can certainly benefit you.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
December 21, 2018, 11:46:46 AM
#94
but there is no harm in trying them, if we are diligent people then we move quickly like a hit and run and then we move to this new one can benefit
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
December 21, 2018, 11:21:57 AM
#93
it's true, there's no point in holding back some shitcoin. shitcoin won't change even though a bull run occurs. when some coins have the potential to grow but that won't affect shitcoin.
Shitcoins is good for speculator, for who already prepared to lose their money. Not for traders that always look profit in safe ways. Some of my friend success on shitcoin that they bought but some not.
full member
Activity: 602
Merit: 103
December 21, 2018, 08:49:39 AM
#92
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.



I think you are thinking of sh*tcoins in a different perspective or definition. As shown in the chart, those coins still exist, even low in price and volume but they did still exist to the fact they are only copying bitcoin in the first place. "Sh*tcoins" this time serves their whitepaper using blockchain to be applied in real life, still developing, so you really can't tell. Maybe one day, that "Sh*tcoin" you're hodling is the next ether, who knows?
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