SHIT COINS WILL ALWAYS DISAPPOINT - page 10.

robelneo

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Quote from: betty11 on March 21, 2019, 07:57:29 AM

I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.

I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.

We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.

That's true in fact 80- 90% of these altcoins are shitcoins and these are coming from ICO I am into bounty hunting and investing and I had a similar issue, coins that I trust and thought will make an impact in the market, are not performing well, or turn out to a big disappointment, our only option now, is to wait for the market to be better and wait and hope that these coins will show potential.

baigreen

full member

Activity: 625

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Yes. Coins and indeed cryptocurrency can be frustrating. Yesterday I talked to one guy, he was certainly completely disappointed with this market. And his thoughts were so frank that I understood he was right. Any coin can be destroyed by withdrawing capital. It does not matter what it will be, Bitcoin or another large project.

der_troll

sr. member

Activity: 602

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I believe that there are no shitcoins at all. Maybe there are some projects that have disappointed investors, because they tried and failed, but in majority of cases it is only the matter of time, when everything is going to make great market movements, so just relax and wait, even a shitcoin can bring you benefits.

StarofBTC

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Quote from: betty11 on March 21, 2019, 07:57:29 AM

I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.

I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.

We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.

That same purpose that made you go for it ,it’s the same thing that will make others to continue to go for it .everyone just wants to make money and that’s it. They continue to buy new altcoins because they see them doing fine at start but after their campaign they start to turn something else and become worthless. Just like you have said, it is best for us to just continue with BTC /fiat or BTC /USDT. Those ones are more safe and you wouldn’t be taking much risk except that of price volatility. If you want to go for an altcoin then it is best for you to go for the top altcoins too, just like we have Ethereum, Ripple and the rest of them that are topping the list.

geegaw

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Quote from: BCTS on April 30, 2019, 05:41:41 AM

I agree with you and believe that we need to warn those brave men who in pursuit of the Lambo trying to capitalize on shitcoins. Do not rush to get rich instantly, it is better to choose to earn Bitcoin and several popular altcoins, it will not make you a millionaire, but you can guarantee to increase your capital.

I think we don't need to warn these people because since they started participating in shitcoin, they knew the risks and profits could be received from there, shitcoin is always a form of gambling with them, the risk is huge and profits are similar. So although most of the time, shitcoin always brings serious failures and declines but somewhere, it still creates a very positive change, the opportunity to be rich with shitcoin is still happening, so many brave people still like to rely on luck and make use of shitcoin to get rich but for us, accumulating gradually over time is enough, no need too quickly

Felic43

jr. member

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It very hard how will you know shitcoin and how will you know promising coin , we just gather they do all buy coin and trusting those coins.

Rtalk

jr. member

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Quote from: ginobitcoiner on April 30, 2019, 06:17:59 AM

very disappointing now that there are so many altcoins stored in my wallet that I have and are not valuable at all they are only a display in my wallet. they are worthless and useless

You're not alone in this.In my wallet are full of dead useless coins which most likely will never show growth.
Let it be a reminder that the market does not forgive mistakes and that it is necessary to get rid of such coins in time, and not to keep them.

ginobitcoiner

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very disappointing now that there are so many altcoins stored in my wallet that I have and are not valuable at all they are only a display in my wallet. they are worthless and useless

BCTS

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I agree with you and believe that we need to warn those brave men who in pursuit of the Lambo trying to capitalize on shitcoins. Do not rush to get rich instantly, it is better to choose to earn Bitcoin and several popular altcoins, it will not make you a millionaire, but you can guarantee to increase your capital.

Mcmich

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Quote from: betty11 on March 21, 2019, 07:57:29 AM

I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.

I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.

We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.

For me, I do not see any coin as a shit coin. I will always say this. Most of us have seen a particular coin we considered shit just spring up to do much better in the future. Crypto is unprectable, no one knows what a project will turn out in the future.

newbie0506

jr. member

Activity: 233

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I am not against your idea, but shitcoins becomes one because of a lot of factors: weak or no communication from the team, weak hands/supporters, or weak marketing strategies. Just one of these factors -- and your ideal lambo will turn upside down. Roll Eyes

Dark Ripper

newbie

Activity: 154

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Why shit coins may disappoint you? Then if you are having some shit coins it is better to trade them or to sell them immediately so that you may not gain some losses when you sell that immediately than holding that shit coin that may never get high. Better to trade that coin or to deposit that into a online casino in which you can play some games in which you can use that money from your shit coin to play some gain and you may earn another money. Think an alternative way on how will you use that shit coin that you have so that you may avoid losses just because of those coins.

niisarearning

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Quote from: DainSLane on April 30, 2019, 01:14:25 AM

That is true shitcoins will always be disappointed anytime since there is no value at all or have a little value in crypto market and nothing to earn profit from shitcoins, i believe shitcoins will going to sleep in our wallet and nothing we can do more.

Exactly after long disappointing days i just opened my wallet and were checking lots of shit coins in my wallet and checked project status not even a single coin worth for penny . Most of the coins are not at all having any value . I couldnt able to clear that coin .For transfering this coins also i need to waste some gas .

Pattart

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Quote from: Alpinat on April 29, 2019, 02:07:21 AM

I guess shitcoin is for the professional traders that are bored trading legitimate coins and they wanted to play the chart of shitcoins. And also this is only for those who can take to risk and lose their money in just a matter of time or after the coin listed on the exchange.

Nope, in my opinion all traders, is no exception for the expert is avoids shitcoin, because the risk is far greater and maybe you can just stack on that market because the volume and market movements are very slow, you will only experience disappointment there

chits

full member

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Quote from: SistaFista on April 29, 2019, 04:19:17 AM

Quote from: betty11 on March 21, 2019, 07:57:29 AM

I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.

I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.

We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.

A new listed coin may become the target of pump and dump groups sometimes.
You must careful to not buying some suspicious coin when their price rising.
I will prefer to buying existing coin with medium marketcap, around USD $5million because it usually have potential to rise in the future.

very good advice, the pursuit of quick profits is also a huge risk, cryptoindustry is just emerging, you do not need to risk hoping for quick earnings, investments are a long thing, this is a basic definition, so if you don’t have experience but want to invest, do not take a risk, take the main coins and keep the usual money (as part of the investment) - the market is unstable, and short-term growth or decline should not bother you, in a few years the whole world will be tied to cryptography, there is no doubt about it.

DainSLane

full member

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That is true shitcoins will always be disappointed anytime since there is no value at all or have a little value in crypto market and nothing to earn profit from shitcoins, i believe shitcoins will going to sleep in our wallet and nothing we can do more.

Rtalk

jr. member

Activity: 420

Merit: 1

Shitcoins are often artificially pumped. On this can be earn if know when this will happen.From a fundamental point of view, I don't think you can accurately predict the growth of these coins,because, by definition, shitcoins is useless coins with a small market capitalization.

m0Ray

sr. member

Activity: 868

Merit: 251

Not all shitcoins are shit. Some of these coins raise their price. But you are right that these coins are not stable. For each of these coins need constant monitoring as the price is very dynamic. Such coins can be bought but before that you need to do a qualitative analysis of the project to which they are attached. If the project develops then the coin has a future.

Caladonian

hero member

Activity: 1302

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Quote from: Kwansimaa on April 28, 2019, 04:57:18 PM

Sure shit coins are really going to disappoint because sometimes the team would make huge claims about the progress of their coin but this fails and investors get disappointed. I would entreat you to invest in cryptocurrencies that are backed with products and assets being used in the real world.

Just an enticing updates but nothing is for real, it's always like that, while investors of those shit projects always finding ways to go out inside the market only to finds out that there's nothing left for them but an exit strategy coming from the whales and the developers, they will soon be trapped and their
money will be gone with the wind together with the promise developments.

SistaFista

sr. member

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Hexhash.xyz

Quote from: betty11 on March 21, 2019, 07:57:29 AM

I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.

I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.

We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.

A new listed coin may become the target of pump and dump groups sometimes.
You must careful to not buying some suspicious coin when their price rising.
I will prefer to buying existing coin with medium marketcap, around USD $5million because it usually have potential to rise in the future.

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