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Topic: Investing strategy: "The Best Shitcoin Admits It's a Shitcoin" - page 2. (Read 1846 times)

legendary
Activity: 2758
Merit: 1228
Nope i would rather avoid those such already known as a shitcoin's since people would surely do some massive dump in the very first day of exchangers addition, and we can really seen those one wcisting and most like they are listed in yobit, thats why i'd rather go invest on hype one since high possibilities that many people would speculate,buy and hold since surely the price for that matter would pump for short period of time, and i really earn some profits with that selection and decisioning, and yet im not planning to hold for more weeks since ICO coins i know are easy to be dump or shall we say scam coins.
legendary
Activity: 1750
Merit: 1115
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Simple concept. Buy into the coins that don't try to hide the fact they are useless pieces of shit. I'm talking coins like Memetic and Trumpcoin. I always seem to do better investing in the shitcoins open about being shitcoins than the ones who claim to change the world. Thoughts?
Aren't all the alt coins "shit-coins" by default ? For a regular bitcoin user,they certainly are!
Since when people started taking swagcoin/weedcoin stuff seriously ? In my opinion,investing in a failure is a losing situation anyway,doesn't matter if you managed to hike your investments by a few satoshis.For the information,other shitcoins claiming to change the world in progress - Zcash.
legendary
Activity: 3556
Merit: 7011
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That's no way to invest.  Putting your money into any useless cryptocurrency is just throwing it away--whether the devs admit to the shittiness or not is irrelevant.   But why don't you try it out or do an analysis and let us know, eh?
legendary
Activity: 1946
Merit: 1007
You are also probably doing better because of your lower expectations for the coin.

If a shitcoin rises two times you won't think twice about selling, but if the hyped up big coin rises twice, you think it can go higher and are inclined to hold instead of sell.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
in trading one party has to lose so that other party wins and makes profit. when the coins admit they are "ShitCoin" it means  people are not going to invest in it, not newbies anyways. and when only traders  go in there will never be much profit because they know where to buy and when to dump hence there will be no pump ever.

although there is an exception that those "ShitCoins" become interesting as a trolling coin or a joke coin like Doge Cheesy
legendary
Activity: 1526
Merit: 1034
Simple concept. Buy into the coins that don't try to hide the fact they are useless pieces of shit. I'm talking coins like Memetic and Trumpcoin. I always seem to do better investing in the shitcoins open about being shitcoins than the ones who claim to change the world. Thoughts?
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