Topic: Not everyone can be lucky when it comes to shitcoins - page 8. (Read 1305 times)
Slow and steady is one of the keys to be lucky when it comes to be a winner in the shitcoins.Most people do not take time to learn where the pendulum swings before investing. Hence,they stand to face the consequences; shitcoins is no exception, only those that can patiently watch and invest gradually will be among the lucky ones
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
The truth is that probably only the very early investors in meme-coins (or sh*t-coins) are those that have a chance to be extremely lucky and make a profit in the magnitude as you describe it and this are probably only 5% of all the hodlers of that coin. In addition to that this is only true for meme-coins that are a success at the end and i am pretty sure that all those meme-coins that launched within the last 2 weeks will not be successful anymore as they are to late. So you needed to be a very early investor of safemoon or shiba-inu to be one of those lucky guys who made a fortune out of 100$.
I could not agree more on the fact that those that losses in buying shitcoin outweighs those few people that wins. The lesson here is to hold quality coin that will stand the test of time. Gambling is not investing, we should be deliberate and informed about our investment. Value investors that holds his investment usually wins!
Indeed we have to be careful with shitcoin because many investors who get big losses with the coin, and our risk is greater so that the profit we get is very thin, and also in shitcoin there is a lot of price manipulation so that larger developers get profit, so to invest in shitcoin we must be prepared to accept the risk.
with the risk as you mentioned, I prefer to trade safely, one of them is by buying coins that have real potential such as buying bitcoin or altcoins like BNB, because I really believe these two coins have a good influence in the future.
Investing in shitcoins is like playing a lucky game. It's really profitable if you are LUCKY. Because, You never know if you will win big or lose all your capital. Mostly, traders try to invest on such coin for a short term and it's too risky because you don't know if you will gain profit from it or not. It always played a pump and dump then exit. You are lucky if you can keep up with its movements.
Indeed we have to be careful with shitcoin because many investors who get big losses with the coin, and our risk is greater so that the profit we get is very thin, and also in shitcoin there is a lot of price manipulation so that larger developers get profit, so to invest in shitcoin we must be prepared to accept the risk.
with shitcoin, those who can take advantage of and know the strategy of their project in the market can follow the benefits that have been planned by the team from the start.most importantly, don't buy shitcoins when their prices are confirmed to have a high increase. there will be a lot of people who say it is a potential asset with a fairly rapid increase. but when there are a lot of people in the project, they can eat it all.
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
Isnt it same to bitcoin? People mostly talk about the profit when its about investment. If they talk about the huge loss, who want to invest then?
People know its must be a huge risk involved, but not much will talk about it, they will mind themself about it, but the problem is there's some of people who only think about to get profit without think about the risk.
Be careful investing in short-lived coins. and I think the definition of investing in coin memes is not correct. because the name investment must be in coins that have a long-term nature. then no one invests long term in the profitable meme coin. Bitcoin is the best investment and remains the most promising.
This is the sad truth. Most of the people would rather chase impossible fantasies than being realistic. They would rather follow famous individuals rather than invest on well established coins which are far more better than the useless sh*t coins that are being hyped non-stop. Then in the end, they blame the whole industry because of their poor decisions. These type of people should realize how dumb it is to invest on some useless sh*tcoins that have no chance in flourishing unlike those well established coins.
Well I've experienced that problem myself, with shitcoin I lost $100 which I think is very meaningful and of course it will be an important experience that I must remember and hopefully that mistake won't happen again, for new traders I hope to be more careful when want to buy a shitcoin.
It is simple formula, the more the risk -> higher are the rewards / pay check.
I am not supporter of the shitcoins basically but I am kind of guy who follows what's most beneficial pathways.
In the crypto best lesson is, hold the king (BTC), play with the pawns and grab as much as land you can from the war.
There is no point in asking what shitcoin, the point which shitcoin at what point to enter and exit?
Do the math, follow the news around you, tweet too! and get out when you are in green.
I am not supporter of the shitcoins basically but I am kind of guy who follows what's most beneficial pathways.
In the crypto best lesson is, hold the king (BTC), play with the pawns and grab as much as land you can from the war.
There is no point in asking what shitcoin, the point which shitcoin at what point to enter and exit?
Do the math, follow the news around you, tweet too! and get out when you are in green.
If you are not smart with your investment then you will end up loosing money, always be smart with your investment and the idea behind investing in risky markets which are highly volatile is to get in and get out at the right moment and if you are able to do that you are going to make a fortune, if not you will end up burning everything you have as well.
If you are not having the skills to monitor that then do not take the risk and invest in pump and dump coins.
If you are not having the skills to monitor that then do not take the risk and invest in pump and dump coins.
All we keep hearing about is a guy who invested 100$ 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
That's what everyone often forgets, in fact, they tend to see the lucky ones and ignore the losers, even though everyone can compare the lucky ones with the losers, if there are more people who lose, then it will be very risky to try again. 
Because we don't usually talk about our losses, we like to keep it a secret as it will degrade us as a person. Investing in shitcoins is a big gamble, you should not look at the reward but most especially the risk.
The word shitcoin means a coin is useless, it's like gambling where you will still lose in the long run.
Some people invest in shitcoin thinking they can get fast return, but overall majority of the people are losers which it comes to investing shitcoins.
The word shitcoin means a coin is useless, it's like gambling where you will still lose in the long run.
Some people invest in shitcoin thinking they can get fast return, but overall majority of the people are losers which it comes to investing shitcoins.
I know many people face this same problem in SHITCOIN trading, Even I also! Lots of trader just jump on Shitcoin trading and think of made 100X or more within a day! I think this mentality build on some greedy users post and video. Where they showed Hoe easy to make 1000X in a single Day! And in here We also did the same mistake to believe someone else without know anything We going to deposit our Hard earning money!
First we made 5-10X profit on SHITCOIN and we going to believe - Yes! We can make 100-!000X Daily if we hold it little more as like SHIVAINU! But we forget They are all not SHIVAINU! And our Mentality and more Earning Greediness finish our full capital within 5-7 days!
Now we are losing everything to become SHITCOIN Lover!
First we made 5-10X profit on SHITCOIN and we going to believe - Yes! We can make 100-!000X Daily if we hold it little more as like SHIVAINU! But we forget They are all not SHIVAINU! And our Mentality and more Earning Greediness finish our full capital within 5-7 days!
Now we are losing everything to become SHITCOIN Lover!
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
Perhaps, majority of them are at loss compared to those who walk with x100 returns. Many just quiet and that is why we don't hear a lot complaining about such tragic losses and they don't have the right to do it as well coz in the first place, they are aware of what could possibly be their ends after investing shitcoins. I believe there are lucky people who got an extra income from investing these coins, we would say they are too lucky but we can never think that it will happen to us if we will try. However, the risk is too high and ain't advisable if you can't afford to lose something.
Quite right, I also know many people who have invested a lot of money in various new cryptocurrencies and lost their money, so I always say that investing in new cryptocurrencies is a huge risk and therefore if you want to invest in new cryptocurrencies, it is better to invest small amounts of money and in general, it is better to invest in top proven cryptocurrencies that have been bringing excellent profits already long time, thats why I investing more in top cryptocurrencies then in new cryptocurrencies.
What you say is true, should avoid investing large amounts in new crypto. Because it is very difficult to analyze new crypto, most new crypto is
indeed very risky for its price to fall and not recover, it's the worst thing if investing in new crypto. Indeed, it would be better to invest in top crypto
which has proven to be good, because we can see the track record of their movement. I've been investing in top cryptos since 2018 and most of
them have finally made a profit. It is safer to invest in top crypto, compared to investing in new crypto.
the moment that happened to shitcoin will not last long, if you dare to speculate then you aren't only risking money but also time. if you then leave it and think of it as a coin that has fundamentals then that's a mistake
Quite right, I also know many people who have invested a lot of money in various new cryptocurrencies and lost their money, so I always say that investing in new cryptocurrencies is a huge risk and therefore if you want to invest in new cryptocurrencies, it is better to invest small amounts of money and in general, it is better to invest in top proven cryptocurrencies that have been bringing excellent profits already long time, thats why I investing more in top cryptocurrencies then in new cryptocurrencies.
Beyond my prediction, memecoin of DOGE and SHIBA made up to x100 profit, this return surpass others project that has stronger fundamental and use case. But make invest in this kind of coin is very risky because when the market changing to bearish, the price possible crash more than 90%. And in the long run, there are no guarantee and low possibility the price will recover because these coin with no working product and use case.
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