Not everyone can be lucky when it comes to shitcoins - page 2.

Tomohisa

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Quote from: tabas on August 27, 2021, 06:39:05 PM

Quote from: Plinteng on August 27, 2021, 01:55:25 PM

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/.

ninabobo

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Activity: 463

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Quote from: Bohdan820 on June 06, 2021, 02:42:49 AM

You noticed right! I completely agree with you in this regard.
I try to dissuade anyone I can from buying such coins or persuade them to risk little money. Meme coin is like a lottery, there is not even a chance like in a casino.

It's really so bad that most people only think of what they could benefit from meme coin without thinking of the risk involved. Meme coins are shit coins and not everyone could be so lucky so it would be nice to just avoid them and look for a better coin with good potential and uses case, we would only hear of the ones who got so much profit investing in it why deep down the rate of people loosing money to these shit coins are way too high.

Nora Olin

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Activity: 154

Merit: 11

This is indeed the truth. This kind of experience is not often mentioned. No one can control and master the volatility of encryption. Indeed, many people have invested in junk coins and made considerable profits. This is very lucky, because there are also unlucky people. Part of the loss may occur, so knowledge and common sense are necessary when investing.

Connor Britton

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Activity: 101

Merit: 18

No one will talk about their own failure experience after losing money. To save face.
The meme coin market needs opportunities. Only a few people can seize the opportunity.
The mem coin is more risky than other coins.
Others don't want you to become richer than him. Will not tell you the best time. You can only analyze the market yourself. There are no rules for meme coins.

tabas

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Activity: 3024

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Top Crypto Casino

Quote from: Plinteng on August 27, 2021, 01:55:25 PM

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.

Yamifoud

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Activity: 2828

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Quote from: Wulan_maniez on August 26, 2021, 06:03:45 PM

I'd rather shy away from shitcoins or meme coins. I've experienced it and it's just a loss in the end, because once the price drops, it will recover for a very long time, it will never even recover again in price. And developers are creating new meme coins or shitcoins again, to mine new profits for them. And they left behind the old meme coin and its shitcoin, which has taken a lot of money from trader and investor.

Dogecoin is an example of a meme coin but quiet to see it stay in the market for many years. Only just a few of them will survive but the majority will end their existence so fast. Buying or holding these no-use-case projects will give you an embarrassing crypto experience because even you have kept them for many years the more they become useless and surely have a $0 market value.
If we are smart enough, we don't just rely on luck with these shitcoins but instead choose those potential ones.

Princejebs

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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. 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.

bct-user

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Quote from: Looper_U on June 06, 2021, 02:00:31 AM

Not everyone can be lucky when it comes to shitcoins

I cannot say that it is a "luck" related to investing in shitcoins.
There is no that kind of luck, but pure our carefulness and analysis about the coins.
Shitcoins will be always shitcoins, not luck.

Quote from: Plinteng on August 27, 2021, 01:55:25 PM

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.

This scheme is always the same, following the hype at that time, creating new tokens easily with certain network and platforms. And they make such a hype and Ponzi scheme. And commonly their target is newbies here they are new, not knowing about the ays to invest and they only focus and triggered by the very high-profit opportunities (in fact it is a scam or fake).

Plinteng

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https://goldeth.io/

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.

Gbniman

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That's why i will rather invest on good project, because shit coin is a gamble you might get lucky but to be sincerely shit coins aren't worthly either you stay away from it or get loss.
To me i prefer to invest my money on big project, shit coins are just meant to pump and dump, they only pump because of grow in value due to the hype, may one influencer talk about it and may people start to gain interest that's when they pump. It good to invest on large solid investment.

Wulan_maniez

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I'd rather shy away from shitcoins or meme coins. I've experienced it and it's just a loss in the end, because once the price drops, it will recover for a very long time, it will never even recover again in price. And developers are creating new meme coins or shitcoins again, to mine new profits for them. And they left behind the old meme coin and its shitcoin, which has taken a lot of money from trader and investor.

Bollexz1

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Quote from: MaiQwaN on August 26, 2021, 02:08:56 PM

It must be understood that investing small amounts in cryptocurrencies can bring a lot of income, but at the same time they are accompanied by high risks of losing their investments. In my opinion, it is necessary to use this moment, not to lose your head at the same time.

I second your opinion. Perhaps, remember not to invest more than you can afford. Apply this method in every of your investment and you'll do just fine.

bct-user

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Quote from: Kasabus on August 25, 2021, 06:25:28 PM

So it's definitely like gambling if you plan to invest in shitcoins or meme coins. They might only give you short term profits but in the long run, their value will only drop to its bottom so there's no way these meme coins make ideal for investment.

Yeah, shitcoin is not an ideal coin to invest but we can take profits on them if we know the way. Note that when investing in shitcoins, don't set a long-term target but just a short-term only. Buying the shitcoins when it is still in the early of the pump, then sell them immediately if it looks like already good enough profits to take. Don't wait too long and don't be too greedy! Because the hype surely won't last a long time. We will be in trouble if the hype is already over but we are still holding the shitcoins.

iv4n

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The entire crypto community suffers from shitcoins, or better to say some ponzi/pyramidal schemes! Bitcoin made that for people, who bought Bitcoins for $100 in 2011 (or earlier) probably count millions now, but people waited years for that and many people invested a lot of energy, hard work, time in Bitcoin, and I guess nobody back than expected to see Bitcoin high so soon! People who wish to make the same in weeks, without any work, just like that, live in an illusion, and if someone earns many others will lose!
When it comes to shitcoins, only people who run the show earn, and maybe others with fast fingers, but the rest are just in one big minus!

MaiQwaN

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It must be understood that investing small amounts in cryptocurrencies can bring a lot of income, but at the same time they are accompanied by high risks of losing their investments. In my opinion, it is necessary to use this moment, not to lose your head at the same time.

Wicked17

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Quote from: mbakruroh on August 26, 2021, 01:59:19 PM

Quote from: Looper_U on June 06, 2021, 02:00:31 AM

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

Investment failure is a common occurrence, and it no longer sounds terrible. Those who invest in meme coins only hope that 1 in 100 will succeed, because we know most meme coins will surely die from circulation. But don't let us invest in large amounts, but invest according to the money we can afford to lose.

That's what you called hopeless fantasy that can turn to reality. Somehow it maybe called as meme coin but i believe that it can change some ones life once you get the right timing. We have to admit that meme coin will gonna be regular in the circulation. Its just a cycle, we just need to get the right timing.

mbakruroh

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enterapp.io PRE-SALE IS LIVE

Quote from: Looper_U on June 06, 2021, 02:00:31 AM

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

Investment failure is a common occurrence, and it no longer sounds terrible. Those who invest in meme coins only hope that 1 in 100 will succeed, because we know most meme coins will surely die from circulation. But don't let us invest in large amounts, but invest according to the money we can afford to lose.

Ronzybloch

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Life Can't be ctrl+ Z

Quote from: Looper_U on June 06, 2021, 02:00:31 AM

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

Why do you thing shitcoins don't have any worth?shitcoins gives a lot if our entry time is good , we cannot say that many poeple loss their asset in memes coin , many peoples are in loss by investing in good projects ? Why ! Shab inu is a meme coin but many people earned alot , as well as me as too

tygeade

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Unfortunately the shitcoins that we see these days are all copy of each other. Do you know how many websites are LISTED on coinmarketcap that uses the frontend of pancakeswap? I mean literally the same front end code, with some changes, and literally the same idea, nothing to add on top of what cake is doing AND also.. literally using their code!

There are 47 that I know of, and this is not the total number, this is the number of places that got to CMC and listed, and that is just insane to think about. So yeah, shitcoins are hard to make profit, some of those coins made a lot of money, and some of them didn't make any money at all, which is why I have to say that it is hard to make money during these periods while investing into shits however if you know what you are doing and invest wisely, you can avoid most of them as well for being like this.

kak uli

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I think what you are talking about is very true, but it is important to remember that someone's success in investing in memecoin is because he has a community that has large capital so that they can play the market or manipulate the market with their community. I think they do it that way so that it can bring big profits, but many of us are affected by such conditions and become victims of their manipulation.

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