Your observations reflect cryptocurrency investing's wild west. Its an environment where predators often pose as prey, with high peaks of possible gains and dangerous depths of loss.
While your buddies cling to their "shitcoins" hoping for a miracle, you've survived the storm and found your beacon in Bitcoin. Isnt that the ultimate irony - decrying Bitcoin's worth while supporting coins that depend on its pioneering innovation?
To "nicely" convince someone they're delusional, try a casual, non-confrontational conversation. Explain your position, offer proof, and let them decide. You'll give them something to think about.
Topic: How to deal with shitcoiners without being harsh about reality. - page 2. (Read 379 times)
One of the many things I realized in relation to cryptocurrency market is that this industry has now become a big paradise for scammers, hackers, fraudsters and those in between. We are always attracted to the idea of a coin or a token that will go x10 and even x100 so that we can experience financial freedom at the least cost. - unfortunately there are many risks involved here as we can also lost everything. I am always sorry for people who had been victimized by the promises and plans laid out by many shitcoins, only to realize one day that they are really living well with their names and that is being shit!
[context: I started out WAY too open minded about crypto shitcoins and now I feel like I am trapped in shitcoin hell and everyone around me is also]
Yes you are, and if you think that we will blame you for that? no I will not because I find your greediness in the beginning of your investing in crypto ., instead of trusting bitcoin first yet you deal with Shitcoin and it is understandable as now you already knew what to do and use that a Lesson to "ONLY TRUST BITCOIN" when talking about security in crypto investing.Quote
I am in a difficult position. I feel more or less mentally scammed by tons of shitcoin producers in the space, there are some that are just putrid garbage like ICP which I was stupid enough to buy at one point.
You must not feel mentally scammed because you are completely Scammed mate, yes scammed by your desire to earn Big in easy way.But it is still not too late, now that we are approaching Halving and Bullrun is in the air? try to invest now in Bitcoin and trust me , there is a future on that.
February 12, 2023, 06:35:37 AM
We know how much dangerous it is to invest in such kinds of coins and that's why we quickly prevent even if not our friends or relatives when we know they engage in it. Still, we need to understand that we are only a clear warner and we cannot do anything about it if they will going to still pursue their goals of investing in some shitcoins. Most people will learn their lessons after they suffered it personally or when they finally learn the truth about it and lost their investment in such a decisive way. in that case, if you really want to help, consider doing something different approach rather than directly telling them about it.
February 11, 2023, 07:59:12 PM
To spoil their high expectations with reality. Indeed poop coins are profitable or I'd say highly profitable especially if you'd be able to pick the right coin but is not, it would be the other way around. Poop coins are having a too volatile market value wherein things do change in an instant which makes it risky in comparison with other cryptocurrencies in this industry. So if you can manage dealing with such market price behavior of an asset, then that would be good of course. But if not be prepared of the possibility for huge losses to occur. That is just how simple such concept works.
February 11, 2023, 07:08:12 PM
with shitcoin addiction you just couldn't help them unless the experience first hand the massive lost that they gonna eventually get.
but alas there's always chance that through your advice they would have some consciousness, but then again if their greediness is what motivates them in the first place then there's big chance that they would eventually flock back again to the shitcoins.
the worst thing about investing in shitcoin is that you have less than 80% chance of making your investments back, it's all full of manipulation and you exists in the market just to become food for the whales, you'd think you're smarter than the other and could somehow trick the market and comes out unscathed with massive roi but that's actually is what the whales planned all a long giving illusion such as chance of turning around your investments usually.
but alas there's always chance that through your advice they would have some consciousness, but then again if their greediness is what motivates them in the first place then there's big chance that they would eventually flock back again to the shitcoins.
the worst thing about investing in shitcoin is that you have less than 80% chance of making your investments back, it's all full of manipulation and you exists in the market just to become food for the whales, you'd think you're smarter than the other and could somehow trick the market and comes out unscathed with massive roi but that's actually is what the whales planned all a long giving illusion such as chance of turning around your investments usually.
February 11, 2023, 06:59:26 PM
[context: I started out WAY too open minded about crypto shitcoins and now I feel like I am trapped in shitcoin hell and everyone around me is also]
I don't really need that you need to make sure that you also save your friends from "shitcoin hell". You can tell them your opinion about it and if they are still insisting to ape into almost every shitcoin launch after that then there is nothing you can do because it's their own decision and their own money that they will lose. In general i have to say that i agree with you, that all those meme-coins are just shitcoins that were created by people that just wanted to make quick money without any effort. Of course i acknowledge that quite a few people became very rich because they invested very early in Shiba Inu, but that time is over. I think the long term trend for Shiba Inu is downwards and all those new meme-coins that are still appearing every day are all dead again within a few weeks at max.
February 11, 2023, 02:30:10 PM
Dealing with such people requires a thorough patience. If you are up to that challenge, sometimes it is helpful if you adjust your thought to how their mode of thinking, by doing that, one might address how could they end up with some conclusion. If by any chance their thoughts have many logical inconsistencies and wrong comprehension of something, you can correct or inform them.
But, of course, it is not as simple as that. What I usually do is, beforehand, we should ask about their preference of how to learn and comprehend a piece of information, for example, by asking a question like, what proof or evidence makes someone able to comprehend things. Sometimes it works, sometimes it's not. The point is, if it is worth to achieve, constantly readjusting how they behave might help.
Dealing with them is only a waste of time. Why can't we just focus on our own and then let's only spread the word about Bitcoin and other legit projects? This is the only way that we can help about those newbies so that they won't go in the wrong path. If you deal with shitcoiner, they will only like it and they will try to piss your more but if we ignore them, that's the time they can feel annoyance because they think that their efforts of giving a distraction is going into a waste.But, of course, it is not as simple as that. What I usually do is, beforehand, we should ask about their preference of how to learn and comprehend a piece of information, for example, by asking a question like, what proof or evidence makes someone able to comprehend things. Sometimes it works, sometimes it's not. The point is, if it is worth to achieve, constantly readjusting how they behave might help.
There is no need to ask about their preference because it's already clear that their preference is different from us. They choose to be bad than to be good but good luck if you attempt to change them.
Let them be. The context is If OP or someone genuinely wants to influence people with that kind of behaviour, then simply let them try. What I'm trying to say is we can't blindly force how we explain things to them without understanding their minds or way of thinking. Thus we can adjust how to explain things.
The problem with your idea is that just because people only spread about useful projects does not mean a worthless project wouldn't be heard. One example of the realities is people believe influencer who doesn't understand a thing which promotes a scam or worthless project.
February 11, 2023, 01:14:50 PM
Dealing with such people requires a thorough patience. If you are up to that challenge, sometimes it is helpful if you adjust your thought to how their mode of thinking, by doing that, one might address how could they end up with some conclusion. If by any chance their thoughts have many logical inconsistencies and wrong comprehension of something, you can correct or inform them.
But, of course, it is not as simple as that. What I usually do is, beforehand, we should ask about their preference of how to learn and comprehend a piece of information, for example, by asking a question like, what proof or evidence makes someone able to comprehend things. Sometimes it works, sometimes it's not. The point is, if it is worth to achieve, constantly readjusting how they behave might help.
Dealing with them is only a waste of time. Why can't we just focus on our own and then let's only spread the word about Bitcoin and other legit projects? This is the only way that we can help about those newbies so that they won't go in the wrong path. If you deal with shitcoiner, they will only like it and they will try to piss your more but if we ignore them, that's the time they can feel annoyance because they think that their efforts of giving a distraction is going into a waste.But, of course, it is not as simple as that. What I usually do is, beforehand, we should ask about their preference of how to learn and comprehend a piece of information, for example, by asking a question like, what proof or evidence makes someone able to comprehend things. Sometimes it works, sometimes it's not. The point is, if it is worth to achieve, constantly readjusting how they behave might help.
There is no need to ask about their preference because it's already clear that their preference is different from us. They choose to be bad than to be good but good luck if you attempt to change them.
February 11, 2023, 12:45:00 PM
YES I WANT TO CONVINCE MY FRIENDS NOT TO GET SCAMMED
WHAT ABOUT THAT IS WRONG?
WHAT ABOUT THAT IS WRONG?
Your issue is flawed and there is no real answer. Most people who dive neck deep into altcoins are doing so out of greed. Looking to hit lightning. It's like telling people not to play the lottery or gamble on slots. All losing propositions but rarely do we get involved with their want to gamble on these things. Ypu can tell them historically but it won't mean much. If someone told you the odds of winning slots at casinos logic would tell you to stop but greed gets in the way of that. Same here. Enjoy the fact you understand the value of just holding bitcoin and move along.
February 11, 2023, 12:36:09 PM
Can we have more confidence though? lets be constructive about this dillema. Shitcoiners succeed in pushing people to buy their shit, there is no reason we cannot do a better job with a legitimate currency.
The problem you and all of us which at some point tried to discourage someone else from investing in a scam in any market is that those scammers can lie all they want while we only have the truth.And the truth can be very bitter while lies can be very sweet, and we see examples of this all the time on even more important scenarios, like those which are diagnosed with a terminal disease and they are willing to believe that a scammer can cure them, those which join cults and so on, so it speaks nicely of you that you are trying to help your friends but you need to prepare yourself for the very real possibility they are not going to listen to you.
Am I being delusional for thinking I can change their mind in an actionable way?
February 11, 2023, 02:40:35 AM
Can we have more confidence though? lets be constructive about this dillema. Shitcoiners succeed in pushing people to buy their shit, there is no reason we cannot do a better job with a legitimate currency.
The problem you and all of us which at some point tried to discourage someone else from investing in a scam in any market is that those scammers can lie all they want while we only have the truth.And the truth can be very bitter while lies can be very sweet, and we see examples of this all the time on even more important scenarios, like those which are diagnosed with a terminal disease and they are willing to believe that a scammer can cure them, those which join cults and so on, so it speaks nicely of you that you are trying to help your friends but you need to prepare yourself for the very real possibility they are not going to listen to you.
February 10, 2023, 05:31:52 PM
You can lead a horse to water but you can’t make it drink, as the old saying goes. You can advise people, you might even make a big effort trying to explain & help people you care about but you can’t babysit people.
Sometimes you just have to let people live & die by their sword, make their own decisions on what they invest in. It’s hard enough controlling your own investments than to worry about what other people do with their money.
Sometimes you just have to let people live & die by their sword, make their own decisions on what they invest in. It’s hard enough controlling your own investments than to worry about what other people do with their money.
Can we have more confidence though? lets be constructive about this dillema. Shitcoiners succeed in pushing people to buy their shit, there is no reason we cannot do a better job with a legitimate currency.
February 10, 2023, 05:08:03 PM
You can lead a horse to water but you can’t make it drink, as the old saying goes. You can advise people, you might even make a big effort trying to explain & help people you care about but you can’t babysit people.
Sometimes you just have to let people live & die by their sword, make their own decisions on what they invest in. It’s hard enough controlling your own investments than to worry about what other people do with their money.
Sometimes you just have to let people live & die by their sword, make their own decisions on what they invest in. It’s hard enough controlling your own investments than to worry about what other people do with their money.
February 10, 2023, 04:31:13 PM
...
Can you please detail for me what happened around 2017 with Eth?
Can you please detail for me what happened around 2017 with Eth?
I remember 2014-15 and how many people screamed about how Ethereum is another ICO scam. And look where it's now...
...
The last thing you'd want is them actually picking the right altcoins (though unlikely) that would've performed really well but they missed out just because you forced them to go with BTC.
The last thing you'd want is them actually picking the right altcoins (though unlikely) that would've performed really well but they missed out just because you forced them to go with BTC.
Nicely said! Many crazy things happened in the crypto space... even Doge reached $0.7 at some point. And I am sure we will see many more surprises in the future, so it's better to let friends lose some money than to blame you for missing a big hit! That always turns into something very ugly.
Ethereum clearly is a scam, they operate in extremely scammy ways that no Bitcoiner would ever support. By supporting Ethereum you are supporting a centralized insider controlled censorship enforcing funnel money to the 1% coin. The point is not the speculative price the point is NOT BEING AN UNETHICAL SCAMMER.
February 10, 2023, 10:52:23 AM
Dealing with such people requires a thorough patience. If you are up to that challenge, sometimes it is helpful if you adjust your thought to how their mode of thinking, by doing that, one might address how could they end up with some conclusion. If by any chance their thoughts have many logical inconsistencies and wrong comprehension of something, you can correct or inform them.
But, of course, it is not as simple as that. What I usually do is, beforehand, we should ask about their preference of how to learn and comprehend a piece of information, for example, by asking a question like, what proof or evidence makes someone able to comprehend things. Sometimes it works, sometimes it's not. The point is, if it is worth to achieve, constantly readjusting how they behave might help.
But, of course, it is not as simple as that. What I usually do is, beforehand, we should ask about their preference of how to learn and comprehend a piece of information, for example, by asking a question like, what proof or evidence makes someone able to comprehend things. Sometimes it works, sometimes it's not. The point is, if it is worth to achieve, constantly readjusting how they behave might help.
February 10, 2023, 10:08:43 AM
...
Can you please detail for me what happened around 2017 with Eth?
Can you please detail for me what happened around 2017 with Eth?
I remember 2014-15 and how many people screamed about how Ethereum is another ICO scam. And look where it's now...
...
The last thing you'd want is them actually picking the right altcoins (though unlikely) that would've performed really well but they missed out just because you forced them to go with BTC.
The last thing you'd want is them actually picking the right altcoins (though unlikely) that would've performed really well but they missed out just because you forced them to go with BTC.
Nicely said! Many crazy things happened in the crypto space... even Doge reached $0.7 at some point. And I am sure we will see many more surprises in the future, so it's better to let friends lose some money than to blame you for missing a big hit! That always turns into something very ugly.
February 10, 2023, 05:31:27 AM
Can you please detail for me what happened around 2017 with Eth?
Over the course of 7-8 months, eth went from reaching an ath with bitcoin of 0.156357 btc per eth in June 2017, by the end of December 2017, the price had reached a low of 0.023121. This is according to the data bitfinex gave tradingview at the time it happened. Afaik it got a lot worse on other exchanges too.
As if that wasn't it, the price took off again against btc to go over 0.12 just 2 months later (by the end of February 2018) before plunging even further dowards to a range of 0.017-0.04 until May 2021.
The fact technology has come to replace eth and it's still going strong says a lot for its community (I wouldn't call it good, I'd call it a lack of critical thinking).
February 10, 2023, 02:50:01 AM
You could always find a top 10 list from a few years ago when things looked a lot different and see how comfortable they are with their investments then.
You could show them what happened in the months after eth went to 0.1 last time (a few years ago, perhaps before or around 2017).
I feel eth and a lot of the eth based alts are well overvalued and I don't know why devs had an obsession with making so many alt chains of one coin. There are altcoins, though, where this is the case that seem to have a large and thriving developer community so you might want to consider that too (shorter term holdings are a lot safer but still risky).
You could show them what happened in the months after eth went to 0.1 last time (a few years ago, perhaps before or around 2017).
I feel eth and a lot of the eth based alts are well overvalued and I don't know why devs had an obsession with making so many alt chains of one coin. There are altcoins, though, where this is the case that seem to have a large and thriving developer community so you might want to consider that too (shorter term holdings are a lot safer but still risky).
Can you please detail for me what happened around 2017 with Eth?
February 10, 2023, 02:45:27 AM
I simply don't deal with them. If they are so dumb as to play roulette instead of betting on a sure thing with Bitcoin, I don't bother to refute them. Time puts everything in its place.
Betting on shitcoins makes some sense if you know what you are doing with knowledge and diversification, but this is not the case for most retail investors.
Or if you are one of the creators or promoters of the coin.
I only hold Bitcoin and don't worry about the rest.
Betting on shitcoins makes some sense if you know what you are doing with knowledge and diversification, but this is not the case for most retail investors.
Or if you are one of the creators or promoters of the coin.
I only hold Bitcoin and don't worry about the rest.
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