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Topic: SHIT COINS WILL ALWAYS DISAPPOINT - page 12. (Read 2671 times)

full member
Activity: 966
Merit: 100
Harmony for One and All
April 17, 2019, 01:43:17 AM
The main point is there is nothing safe about crypto. It is a big risk no matter shitcoin or not. Coins which one people called shitcoin other called good and perspective.Dont be greedy dreaming about millions. Better learn on someone else mistakes, not your owns. Invest in "shitcoins only money which you ready to loose.
member
Activity: 434
Merit: 10
www.thegeomadao.com
April 17, 2019, 01:32:11 AM
Shitcoins will always disappoint investors no matter to what maximum level, they increase in prices for a short period. I know there are hundreds of coins in the market including good and shitcoins. And investors are lured into investing into them by increasing prices of such coins but for a short period of time. There is a trend of hyping such shitcoins so as to attract investors. But investors and bounty hunters should be aware of them and try to avoid them.
member
Activity: 598
Merit: 10
April 17, 2019, 12:19:17 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.

 

Indeed, there are shitcoins that are pumped when listed on exchange but for a limited time only and if we choose the right time to sell all our shitcoins, we might be lucky. But to hold it for a long period of time will certainly give us a great opportunity to be disappointed.
Yes, most of the Shit coins were disappointing in the end, at the first time the price would be pumped, but after that they threw the price to zero, I had experienced it on several Shit coins.
legendary
Activity: 1904
Merit: 1000
April 16, 2019, 11:20:17 PM
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.

 

Indeed, there are shitcoins that are pumped when listed on exchange but for a limited time only and if we choose the right time to sell all our shitcoins, we might be lucky. But to hold it for a long period of time will certainly give us a great opportunity to be disappointed.
hero member
Activity: 3080
Merit: 603
April 16, 2019, 10:30:23 PM
Most of the alts are for short terms.

This is an advantage if you are a day trader and you see most of the opportunity with it. It's bad of most of your portfolio are into it, don't forget that you should secure your portfolio through having bitcoin and other stronger coins.
member
Activity: 882
Merit: 13
April 16, 2019, 10:24:13 PM
I hope you learned your lesson because you already know it's a shitcoin but you still bought it hoping for a pump but unluckily got burnt. There are many useless coins out there that must be delisted from all exchanges but some still get be a victim buying those coins on decentralized exchange.
member
Activity: 812
Merit: 11
April 16, 2019, 10:14:49 PM
Altcoins are for the luck, insider and some genuine people that have faith for their teams, otherwise it's all quick and go investor which doesn't support the price at all. you do the judge when you thinking its a shitcoin and let go asap. The fact is only a fraction among hundreds of projects would be successful early

I dont think we should rely on luck. Many altcoin have a good project and perhaps good for bussiness. Blockchain technology give many solution for bussiness and i think good altcoin will survive and not altcoin are shitcoin
sr. member
Activity: 1414
Merit: 260
April 16, 2019, 09:43:22 PM
Yes shitcoins was to disappointed always because we hold this coins it cause we think this gonna be in lambo but in the end the prices was drop so much. So must better in the first place we sell it early than to hold.
full member
Activity: 644
Merit: 117
swing!
April 16, 2019, 07:58:59 PM
Altcoins are for the luck, insider and some genuine people that have faith for their teams, otherwise it's all quick and go investor which doesn't support the price at all. you do the judge when you thinking its a shitcoin and let go asap. The fact is only a fraction among hundreds of projects would be successful early
hero member
Activity: 1484
Merit: 535
April 16, 2019, 06:37:52 PM
The only way you can be assure of making some reasonable profits from investing in shit coins is during the early stage of the listing of the coins. When you invest within the first period of the listing of shit coins, it is very possible to make a good amount of profit when there is a pump in the market value of the coin. But when you invest after several months of the listing of the coin, it will definitely disappoint you and you will end up losing your invested income.
member
Activity: 555
Merit: 12
April 16, 2019, 06:17:40 PM
Truth is, it's not so simple to know which coins will do well in the long run from onset, so it's not so easy to know which coins will turn out to be shitcoins per say. Nevertheless, with proper due diligence, one should flee away from coins with lame team and no project backings.
member
Activity: 223
Merit: 13
April 16, 2019, 06:04:10 PM
The best way to invest in the main tested coins: Bitcoin, etherium and others. Then you won't be as disappointed as when you invest in little-known coins.

the best choice for investing right now is to choose coins that have high electability in the market because they are trusted for their growth in the future even though the price has fallen very deeply.
I don't think all of the less-known coins have a bad future, there are still a few other coins that are also good to invest even though they are less well-known and will usually be able to get a high pump.
member
Activity: 406
Merit: 10
April 16, 2019, 05:50:04 PM
Investing in shit coins is highly risky and we should invest only we are prepared to lose. They can provide
big profits on a hyped market but also they can go to zero on a bearish market. We always have to make
research on the coin what is it`s use case or it is only a pump and dump coin.
member
Activity: 728
Merit: 10
April 16, 2019, 03:51:16 PM
The best way to invest in the main tested coins: Bitcoin, etherium and others. Then you won't be as disappointed as when you invest in little-known coins.
full member
Activity: 560
Merit: 121
April 16, 2019, 03:39:25 PM
Well, I don't spend money to buy these coins that you are talking about, If I have them in my wallet it because I earned them from bounties or got from airdrops but they don't always bring profit. You are right most of them will just disappoint you but, if you are planning to invest in some of them you must be very careful in scrutinizing the background of the coin not just because they are listed with a good introductory price. You need to check how would be the possible future of the project that supports the coin.
full member
Activity: 263
Merit: 100
April 16, 2019, 03:33:08 PM
Of course, that shit coins can not make a profit, but only take away our time and effort. To identify such coins from afar, lately, not only experience, but also developed instinct, even talent, is needed.
hero member
Activity: 1932
Merit: 504
April 14, 2019, 10:54:44 AM
Useless coins that were raised only due to the hype were before and will appear in the future. Someone will be able to earn thanks to a short-term price jump, but ultimately they will die, like all other useless coins. I think that you should not worry about such projects and better keep on from similar projects.
See people who think same with me. There are some project that actually not really good in their project. Only hype that make them can raise a lot of money. And now people regret because already invest in that type of project.
member
Activity: 364
Merit: 10
April 14, 2019, 10:50:08 AM
Useless coins that were raised only due to the hype were before and will appear in the future. Someone will be able to earn thanks to a short-term price jump, but ultimately they will die, like all other useless coins. I think that you should not worry about such projects and better keep on from similar projects.
full member
Activity: 932
Merit: 100
arcs-chain.com
April 14, 2019, 10:16:25 AM
Safe to think with low profits, most people in this market want to make money quickly, so they accept risk and sometimes do stupid things.
full member
Activity: 1064
Merit: 101
April 14, 2019, 10:10:20 AM
Most of the "stupid" money from 2017 has left the field, that is for sure. So people are way more cautious about their investments, but we may see a surge of irrationality again if market decides to explode again.
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