Not everyone can be lucky when it comes to shitcoins - page 4.

Fatunad

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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

Investing in shitcoins does simply shows off a little bit gambling which means that you would need some luck before you could really earn tons even if you do only make use of small amount.
It is composed of buyers and sellers and if you do make sell on the right time when the market is still on peak or had been pumped by some whale or something manipulative then this is
where you do really make tons of profits which it is really lucky for someone who do able to dive in and make risk when it is still on the floor.

ogundowotoby01

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I agree with this 100% shiba inu in my opinion is a shitcoin and has no real value and a lot of people made as much as 20x of thrir invested funds. To put this into perspective, if you invested $1000 you would have made $20,000 investing inna shitcoin. This simply means you are one of the lucky ones. So many shitcoins have made people rekt and some get lucky but most people wouldn't be so lucky investing in shitcoins.
I prefer smart investments that may provide lesser ROI but as less risky and more likely to be profitable

pedrillo0

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Nada y Tú?

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

Of course, every investment is a risk, and every decision has consequences.
It is necessary that each investment read the clauses of the project, and also the white paper.
Do not get carried away only by fantasies, it is also necessary to see the team behind the project.
I wouldn't invest if I can't find a white paper, roadmap, verified team, good partners, and good use of real life. Beta platform up and running and important stuff.

DeathAngel

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Agree with the OP. I’ve said it many times, there is something called the ‘shitcoin roulette wheel’. Some people spin it & win but most don’t. My advice is invest in & hodl bitcoin & the leading alts. If something seems too good to be true then it normally is.

konflikkastil

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I will like to start with my experience with shitcoins, to be honest buying shitcoin is one of the very few ways you can beome an overnight millionaire in dollars if you are very lucky. I'm not going to mention the name of any coin, cause I will not like to do free advert, smiles. I'm kidding anyways. Sometimes, ago I unconsciously bought a particular shitcoin, and normally I will never do that. But after that I decided to leave it for 8 months. To my surprise this shitcoin did over 1000% increase and I cashed in big money on it. But the question is that how do we know if it's ever going to be a good investment or not. Only few people make it buying shitcoin.

SloppyJostler81

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Hi I am new here, but so far from what I have seen and experienced, you should never put any money in that you cannot afford to lose. I need to know more about storing crypto offline.

Ziskinberg

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Out of 100 shitcoins, how many of them just pump? Certainly, we don't know and many are saying that they are just dead, worthless, everything negative.
Well, we are absolutely wrong. To see them surging high during the Bullrun is enough to say that many of these shitcoins are worthy, from $100 to $1,000. You can really imagine how lucky you are and even old coins or even Bitcoin can't give that impressive and overwhelming return.

dimox

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sometime, shitcoin will give you more profit if you are lucky enough. crypto user will find good coin in a pile of coin, but no one know what it is.
not only shitcoin, airdrop will give you big profit if you lucky.
risk always stick with profit, how much profit you get, bigger risk in there. many people leave them, shitcoin, or airdrop. because never give satisfactory result.

gurunanakji777

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Yes, not everyone lucky to earn a good profit from the shit coins. I believe early birds earn the profit but they took risks also. Yes, the fact is meme coins are shit coins. The bitter truth is profit earners are very less than the number of looser. We should learn lessons from others' experience that one should not entice by others huge profit.

LogitechMouse

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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

When you are creating an article, you will not highlight those negative things but you will highlight the positive things so that people and investors will get attracted therefore, they will try their luck too and will invest into these shitcoins.

I myself tried a hundred dollars and invested into a shitcoin (will not say the name). I already knew that this is a boom or a bust and I'm ready for it. If I lose my money on it then I don't feel any regret but if I will make some profits then good. Unfortunately, I'm at a paper loss right now Cheesy

.

In general, not everyone is lucky in buying not only shitcoins but other coins too. You might see somebody becoming rich because of cryptos but you will see 2 or 3 people out there suffering from losses and that is normal. Now with regards to investing in shitcoins, just put to your mind that it is all or nothing. You will gain huge or you will lose it all

Maestro75

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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

It is the success stories that make people overlook the risk that go with investing in meme coins. They feel they can get lucky and take profit. Otherwise I do not see why anyone will want to such a risk that can easily lead to cash loss. Those who took the risk when memecoins newly came are those who benefited. Meme coins hit the market daily now and are so many that you can not even keep tracks of them. Most of them have no teams and programmes, just a single greedy individual doing it.

newwest

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Quote from: ?? on ??

It's not about being lucky but investing and sticking to it since 80% of those tokens will fail but one success project is enough to be in good plus at long run.

I have given up on many such coins now, because have done these in past few years results are just negative for me and lot of wastage of time. Instead if I utilize that time in more researching on the best coins and better project it yield me a better return rather than just being lucky to holding that coin which will grow like one in hundred project.

Ndlongap Ndlongop

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Quote from: ?? on ??

The problem with many investors who lose money from moon tokens or shitcoin are they always entered the wrong timing some usually chase the price at the top and eventually after they buy most early investors will dump for taking profit, never chase the price if you think its already in the top you must know the trend first if it will continue to pump or dump incoming, try to read and analyze the chart first dont just buy at FOMO.

Most investors are impatient, they panic when the price drops, moreover they don't know whether the coin or token has strong fundamentals or not.

Ekyfitri

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Quote from: laohe628 on June 14, 2021, 01:38:16 AM

There are always a few who get rich, and the money in the shitcoins pool is coming from all investor. Profiting money comes from investors who lose. It is always some people win and some people lose, besides, the losers are the majority.
All in all , investing in cryptocurrencies is just a gamble game, and buying shitcoins is riskier.

why trust and buy shitcoin if there are assets that are more viable and less risky than shitcoin?
there have been a lot of shitcoins that have come and cheated in the crypto market with the current BSC network. then why are so many people still coming to invest in shitcoin?
in the shitcoin market, it is not luck for those who make a profit. this is a manipulation they made to create greater adoption of the social media community and take advantage of the increase.

laohe628

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There are always a few who get rich, and the money in the shitcoins pool is coming from all investor. Profiting money comes from investors who lose. It is always some people win and some people lose, besides, the losers are the majority.
All in all , investing in cryptocurrencies is just a gamble game, and buying shitcoins is riskier.

electronicash

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the dogecoin millionaire actually invested about $180K when the doge was still $0.05. that's a big amount still for someone who is not a millionaire yet so he gave his all to doge and eventually profited. he has a diamond hand so he claimed which he has;t yet sold any of his doge. his story https://www.youtube.com/watch?v=Sd4pixNKaAs

during the ATH, it was almost $3M in his account. this is an example.

yazher

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You own the pen

When it comes to shitcoins everyone should consider investing what they can afford to lose because of the high risk of losing your investment in a matter of a day or a week. That's how shitcoins became popular to the masses because most of them are pump and dump coin, there are lots of people dump them in their early stages after they are being listed in the market. so the one will think that he will gonna hold it a little longer, will gonna suffer, and most of the time won't gonna recover his investment nor his capital.

BitTraderCute

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Quote from: awik p on June 13, 2021, 11:50:39 PM

Quote from: Smitty Werben Man Jensen on June 13, 2021, 01:40:13 PM

it's true, buying meme coins or shitcoins this year is very profitable, but it's all based on luck I think,
and it's true that not everyone can benefit from shitcoin, so it's better to avoid it,
because shitcoin will make you poor and your money will be lose if you not a lucky person.

with a high level of risk, this can make us suddenly rich when investing in shitcoin, but investing in shitcoin is like gambling, we can lose capital, but can also bring double profits. I also do it, but only a little of the total capital is used for it

if we want to speculate to this kind coin maybe prefer to use small amount, dont be greedy when we saw another people get alot money from shitcoin. maybe our luck and their luck different , they got money and we lose money. shitcoin purely speculation project and its have no utility at all , so better dont join in this game.

awik p

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Pepemo.vip

Quote from: Smitty Werben Man Jensen on June 13, 2021, 01:40:13 PM

it's true, buying meme coins or shitcoins this year is very profitable, but it's all based on luck I think,
and it's true that not everyone can benefit from shitcoin, so it's better to avoid it,
because shitcoin will make you poor and your money will be lose if you not a lucky person.

with a high level of risk, this can make us suddenly rich when investing in shitcoin, but investing in shitcoin is like gambling, we can lose capital, but can also bring double profits. I also do it, but only a little of the total capital is used for it

xiboothrezi

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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

In fact, more people show off their profit or happiness than their loss or sadness. what we must know is that, if we only rely on luck then it is the same as gambling. many shitcoins appear when the market is at its best, it comes with the same scheme: pump and dump, without product support and clear benefits, the shitcoin will not last long. so if you want to take the risk by joining them, then you should play with hit and run.
I choose to avoid such coins, I prefer projects with real functions and products, or top coins on coinmarketcap, at least I have signs or rare anticipation. while shitcoins are very unpredictable, rising suddenly, and falling without warning.

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