Topic: Holding shitcoins will not make u rich - page 8. (Read 1917 times)
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.
We will get poorer. now all prices go down and we should be smarter in choosing it. don't need to invest a lot in what is there. because the current price is down
it would be better to choose coins in the upper market only, some coins in the market will rise very quickly when the market starts to improve. We can see the volume movements in the market, there will be coins that have a busy trade, we can choose coins like that. don't just choose shitcoins because it can make your money disappear. 
The OP makes a good point. A bull run doesn't mean a bull run for all coins. There is a lot of rubbish out there, and the most important skill for long-term holders is to pick the right coins in the first place.
Crypto will recover from this year's dip, but not every coin will recover.
Crypto will recover from this year's dip, but not every coin will recover.
We will get poorer. now all prices go down and we should be smarter in choosing it. don't need to invest a lot in what is there. because the current price is down
Holding in a Bull market will make you money.
Holding in a Bear market will cost you money.
Holding in a Bear market will cost you money.
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.
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.
a lot of good coins in the markets now,, if people still hold shitcoins thats really bad
people should learn how to identify a shitcoins
thats why a knowledge before make an investments on cryptocurrency is needed buddy
of the 15 coins in the picture it seems that there are only 2 coins which currently have very expensive prices and can even develop and survive until today, bitcoin and litecoin are extraordinary coins and not as shitcoin.
Indeed, there are now quite a lot of lists of outstanding shittoken that do not provide big benefits. this in my opinion must be reduced. because we know that now there are quite a lot in circulation and only harm the holders
Whatever the coins you mentioned are not the Shitcoins because you could have made a very good profit if you sold those coin in the year 2017 because the prices of those coin went very high in the market. Now with the market fluctuation, we cannot able to sell those coins.
It seems that what the OP says is partly true, we must realize that not all altcoins can survive from this very tight competition, every day altcoin arrives with new technology, old coins that cannot survive will be displaced with new coin, except for bitcoin
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.
The safest way is to hold a holding coin that has good popularity, because the risks we get will be very small. Usually the risk of coins that do not have popularity will have a huge risk. For beginners, buying popular coins is an option, but for someone who has experience to do analysis, buying a new coin can be a gamble. When appropriate, of course the benefits will be even greater. It all depends on the choices we make, we have a strategy and we must be able to choose according to our abilities. 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.
only a few coins can have a bright future and better you can hold bitcoin as long as you can because the graph shows the price of bitcoin has increased in price at the end of 2017. and prices in 2018 fell again.
Whatever the coins you mentioned are not the Shitcoins because you could have made a very good profit if you sold those coin in the year 2017 because the prices of those coin went very high in the market. Now with the market fluctuation, we cannot able to sell those coins.
so what you mean by shitcoin?
do you mean bad team or bad project?
do you mean bad team or bad project?
Actually you have a point there. But still, the essence of trading is depend on the market growth. First thing to give emphasize is the relevant of the project and why it is pumping or having a good price. Some are due to manipulations and some are real valuation. How to note the difference? Easy mate, check the trading activity, you can see if the volume is real and not fake ones. Then you know whether your holding a shitcoin or a real deal.
Actually you have a point there. But still, the essence of trading is depend on the market growth. First thing to give emphasize is the relevant of the project and why it is pumping or having a good price. Some are due to manipulations and some are real valuation. How to note the difference? Easy mate, check the trading activity, you can see if the volume is real and not fake ones. Then you know whether your holding a shitcoin or a real deal.
what you say is true. we can see the trading volume of the coin, if the coin has a good trading volume of course no coin can be profitable for you. but if all are fake, then you have lost your money and got a loss. 
Well said, most of these shitcoins will make you poor long run, if one look at the performances of some of these coins you would have lost like at least 80% of the value against BTC, some of these coins is just for a quick flip make your money and run. looking at the image posted about, there are even some coins that I don't know they exist
I only familiar with top 3 coins from the screenshot, below than top 3 i don't even ever heard about them (ETH didn't introduced yet since it's created on 2014).
Total marketcap now is almost 100 times higher than that time, how you can't rich from that?
Total marketcap now is almost 100 times higher than that time, how you can't rich from that?
you should be able to choose the best altcoin you can hold, if you look at the pictures you gave in 2013 the altcoin prices like litecoin can still survive until 2018 so it seems very lucky to be able to hold litecoin from 2013 to the year 2017 is the culmination of all cryptocurrency prices.
This is usually will happen we will not make us rich for those shitcoins. Only those promising project will survive and those shitcoin will eventually gone be dead in the market.
For earlier investors of those coins and bought when it was very cheap and got hundreds of thousands to millions of that coin.As it has reached a better value and they start selling it will make them rich, just like the early holders of bitcoin.
Yeah, most bags are bad. But it only takes one going 1000x to make up for all your other shitcoin losses. In my very professional opinion, diversification is key. I would say putting all your money in one coin is a VERY VERY bad idea. Having like 7 good positions is nearly a guaranteed winning strategy.
For example, Spartancoin found on cryptopia: 51 billion circulating, current market cap of less than $50,000.
Compare this to dogecoin: 120 billion circulating and a $350,000,000 market cap.
Now which of these has room to go 1000x?
For example, Spartancoin found on cryptopia: 51 billion circulating, current market cap of less than $50,000.
Compare this to dogecoin: 120 billion circulating and a $350,000,000 market cap.
Now which of these has room to go 1000x?
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