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Topic: Not everyone can be lucky when it comes to shitcoins (Read 1305 times)

jr. member
Activity: 1330
Merit: 7
Investing in most meme coins is very much like a game-of-chance. Very much like betting or gambling. The investor simply hopes to experience surprises. One of the disadvantages is that the investor is tying his/her funds down, funds that could have been invested in a better and more promising project(s). A healthy investor should always carryout research before parting with your hard earned funds. It is not advisable to invest blindly, be it meme coin or not.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
actually most fails in Shitcoins and very few succeed , i even have no luck in putting money in shitcoins lol.

I have failed 4x in some advices that's why not I really hate this kind of projects and never buy any of them again.
instead i choose ranked coins that has cheaper value for a chance of gaining in long term.
When we hear the word Shitcoin, of course we imagine that the price of the coin or token is not based on its inherent value and has no real purpose, so it is not surprising to see that in general many shitcoins only last temporarily, so if we are not ready to lose then don't never tried to invest with shitcoin because it is just an empty promise to make big profit.
in short these coins are the one who literally being manipulated.
full member
Activity: 643
Merit: 116
Enterapp Pre-Sale Live
When we hear the word Shitcoin, of course we imagine that the price of the coin or token is not based on its inherent value and has no real purpose, so it is not surprising to see that in general many shitcoins only last temporarily, so if we are not ready to lose then don't never tried to invest with shitcoin because it is just an empty promise to make big profit.
legendary
Activity: 1568
Merit: 1002
All we know is the good news shared by profit-making people, and there are many people who lose all their money through investment. This is a need to seize the opportunity.
And you don't have to trust everyone who shares good news only for their own needs without seeing the losses experienced by others, that's why everyone is required to do analysis and research on every current market condition, so that you can take the right steps for all things.
newbie
Activity: 13
Merit: 0
All we know is the good news shared by profit-making people, and there are many people who lose all their money through investment. This is a need to seize the opportunity.
member
Activity: 208
Merit: 10
Yeah that's the real truth, but if we do nothing with the sh*tcoin we also get hurt we missed the change if the coin go pumped hard. Buying coin coin with speculation is also important for me, but i never spend more than 10% of my portofolio to do that. So i just splitting my 10% to random cheap coin with potential, and forget about the profit
full member
Activity: 504
Merit: 101
All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha
Do not fall in this kind of trap that shitcoins can make you rich because these were made for a pump and dump purposes and once that people on this shitcoins accumulated a good amount of gain then they will definitely dump and leave. Always remember to make sure that you invest on the token you are familiar with and with high recommendations.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha
Always Do your own research before especially in shitcoins that you wanted to invest with because most of this shitcoin are pump and dump tokens which can give you either 1000x profit or -1000x profit.
That post above you is very true. When reading successful journey to a certain project, people are easily being inspired. With curiosity about them, they follow the project to the point that they also invested with it.

The problem with this people even if they already got some knowledge about shit or meme coins that they are eyeing to participate they still willing to push forward and take the high-risk investment, when being trap or when everything falls to nothing they've learned things the hard way and most of them never invested back.

Better to work with decent project that have usable services to offer, Meme/shit is being classified as game of luck and good timing.
full member
Activity: 674
Merit: 100
All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha
Always Do your own research before especially in shitcoins that you wanted to invest with because most of this shitcoin are pump and dump tokens which can give you either 1000x profit or -1000x profit.
jr. member
Activity: 1036
Merit: 1
Last 2021 BTC Pick I just try my luck and go with Shitcoin. Just honestly without know anything I made lots of Money from Shitcoin Invest and I become more greedy and this reason. I know others members also gain more than 100X per day from Shitcoin. But this High money never helps us in Crypto, For this, I become more Greedy and invest all my money in Shitcoin! As a result, Shitcoin lost his pick, and I invested all money Gone!
After this accident, I learn Never to go with others Analysis!
jr. member
Activity: 619
Merit: 1
Because of the significant danger of losing your money in a matter of days or weeks, everyone should consider investing only what they can afford to lose when it comes to shitcoins. Because most shitcoins are pump and dump coins, many individuals dump them in their early stages once they are placed on the market, this is how they got popular with the general public. So the person who believes he can keep it a little longer will suffer and, in most cases, will not be able to recover his investment or cash.
sr. member
Activity: 2660
Merit: 339
It's been so long since they've been doing that. The ICO has passed, the IEOs and as well as the new craze, the NFTs. They've been doing that and deceiving a lot of investors.
Because it's easy to make a new coin through contracts and chains, these scammers will do everything to make their project and swindle the money of the innocent investors especially the newbies.
That's why just follow the standard protocol of research when investing in a new, whatever if it was ICO, IEO, NFT or anything similar to the new craze in the future. If you do your research properly, you won't get scam by lazy new coins base on smart contracts or smart chains unless you're really unlucky/.
Sometimes things just fail, and not scam not steal not hacked, just fail. That is the hardest thing to figure out. I have seen projects who had amazing founders team, amazing idea, amazing budget, and still failed because people didn't care enough about it at all.

It was basically an idea to make crypto ecommerce world, all the amazon, ebay and so forth stuff that you know, it would be like that with its own coin as well as chain tied to products as well and they actually had thousands upon thousands of products as well which was awesome, tested it, got the delivery as well, it was seriously just amazing. What happened? I happen to just end up with a shitcoin because people just didn't want to buy stuff from there, since people didn't use that place, the price couldn't stay high and it tanked. There were no bad people involved, the idea just tanked.
legendary
Activity: 1610
Merit: 1003
All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

as we know, if the profit you get is big, then the risk is also big, so of course meme coin has a big risk, because you can get a big profit too from investing in meme coin and I recommend not investing in meme coin if you are afraid of losing your money, but if you are ready to take the risk, then you can invest in meme coin, because you can get a big profit from investing in meme coin and of course with a big risk too.

agree, its like you just lucky enough or not. buy shit coin like you throw away your money, and never think about that one. you can check every moment but never put big hope on them.
if you are newbie, never buy this coin. just invest on big or survived coin, they will give you profit. and you can manage your experience by doing shit coin little by little.
legendary
Activity: 2282
Merit: 1023
Since the beginning of pandemic, I have witnessed lots of pumps from new projects and existing ones but it sucks to let them go because I don't do pumps and dump.
Did you mean to say that you will invest in pump and dumps, yes that is a good way to avoid the shit storm. I will never invest in pumps and dumps after the last rally because i learned these the hard way.

The last one I tried in MXC exchange nearly made me loose my mind but I got over it. Since then, I keep off anytime I see a coin pumping that's why I never I entered doge despite the pumps Elon made doge to go through but I never buy into them but may be I will try again but this time, small or little money to save my self from heartbreak.
Not heard about that, but investing in legit projects during the initial period is not that bad, it is not that easy to find good projects but still if you are able to find and you are confident in the team, then you can invest in them.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

I agree with you, therefore I have never invested in meme coin and only invested in altcoin that already have a product, because it is safer and more profitable for me, moreover meme coin has no function, so of course it is very unsafe to invest for the long-term, so for those of you who invest in meme coin, then I suggest to take profit if the price has increased and gives you a profit, because the risk is very big and of course you can lose your money.
jr. member
Activity: 296
Merit: 1
What do you expect from shitcoins? if you are able to earn hundreds or even thousands of times, then you can also vice versa, losing up to thousands of times. Shitcoin is not an investment strategy and calculation, because almost all investments are based only on signals and luck, and such things are definitely high risk
I agree with you, in fact it is true because I personally have also tried to invest in meme coins but not with big money and no more than $13 just as a of my curiosity at that time. most of today's meme coins have no real utility. maybe enough doge and shiba for the last time.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I observed that most of the meme coins listed on the ethereum platform and binancesmartchain are just to deceive their investors, they deliberately create such coins with the aim of attracting the attention of new investors. new investors often lose out on it. I suggest not to be interested in that kind of meme coin.
It's been so long since they've been doing that. The ICO has passed, the IEOs and as well as the new craze, the NFTs. They've been doing that and deceiving a lot of investors.
Because it's easy to make a new coin through contracts and chains, these scammers will do everything to make their project and swindle the money of the innocent investors especially the newbies.
That's why just follow the standard protocol of research when investing in a new, whatever if it was ICO, IEO, NFT or anything similar to the new craze in the future. If you do your research properly, you won't get scam by lazy new coins base on smart contracts or smart chains unless you're really unlucky/.
Yeah, it's about how you're good at researching and not a gullible investor unlike the others that have been investing to every new project without researching.
The ending of it, they're doing the same mistake because of that repetition and not learning from the experience that they've made.
member
Activity: 490
Merit: 14
I myself am not so sure about coin memes or sitcoins,bro,because I see no satisfaction in investing in this coin, because the price is very volatile and extraordinary, even out of control, so I also don't want to gamble (take risk) with a sitcoin bro.
full member
Activity: 1134
Merit: 167
I think big investors prefer to be silent or report to the authorities if it is a shitcoin from a scam investment project, to be honest maybe more people who talk and write here are bounty hunters who are actually annoyed with what they have got
TWW
full member
Activity: 1456
Merit: 109

That's why just follow the standard protocol of research when investing in a new, whatever if it was ICO, IEO, NFT or anything similar to the new craze in the future. If you do your research properly, you won't get scam by lazy new coins base on smart contracts or smart chains unless you're really unlucky/.
scammers will always be in every popularity that occurs in the market.
meme coin takes some people flying then knocks them down. especially those who like to follow the hype without having the considerations and skills to support it.
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