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Topic: SHIT COINS WILL ALWAYS DISAPPOINT - page 15. (Read 2683 times)

member
Activity: 546
Merit: 10
April 05, 2019, 02:22:51 AM
Investments are always risky and you should expect in your mind that you can lose everything. The cryptocurrency market is generally one greater risk bubble suspended in the air. Which flies away to the moon, or bursts and falls to the ground.
hero member
Activity: 1302
Merit: 503
April 05, 2019, 02:22:44 AM
They don't always disappoint (like first line of your post says), I had an online friend who used to buy & hold shitcoins, and guess what he made hell lot of profit from it.
- Of course, I understand that it does not always create frustration for us, sometimes it still creates huge benefits for us and what we need to invest to get that profit is just a small amount of money but my question is you can see how many such cases, the answer can only be very few and very low. I have seen a lot of people think that they will make a huge profit when they hold shitcoin but a few months and then a few years, what they get is just a loss and they are almost holding garbage when shitcoin is starting to be discarded, no buyer volume, the failure rate is too high when participating in shitcoin
member
Activity: 251
Merit: 10
April 05, 2019, 02:09:12 AM
Most investors invest in Shitcoins. Sometimes when investing we can get to know it's a shit project. The teams, advisors,  roadmap . I also invested in a shitcoin where I couldn't get my capital back , so never think about profit.  Right now I think we should be wise with the way we invest, some projects hardly shows it's shitcoin until you finally invest.
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
April 05, 2019, 02:06:47 AM
this reminded me at that time when I spent my money on shitcoin it was not as I imagined, but we can make this learning. shitcoin really doesn't have a price when it enters the market. better to invest with bitcoin / USDT is very profitable and also a small risk.
member
Activity: 1764
Merit: 10
April 05, 2019, 02:01:25 AM
Quite so, no one knows if any new altcoin will be able to give a profit, because now a big number of altcoins already trading from the very beginning below the ICO price and after some time the price just dies and the owners of such altcoins lose their money because of this.
member
Activity: 252
Merit: 10
April 05, 2019, 01:58:53 AM
Yes it always better to have btc than a coins which not really bounded in crypto world. When it comes to safety, bitcoin can give you the hope for that, you cant totally loss but you can loss in some percentage. But what is good is you will never disappointed as long as your not going to buy btc and sell at lowest. You have the power to take advantage
full member
Activity: 644
Merit: 100
April 05, 2019, 12:57:57 AM
We better sell it when indeed shit tokens still have a price because usually not so long shit tokens will only be a token without value because there is no more attraction to buy them. people no longer believe
they have prices but do not have buyers on the market. then who do we want to sell it to? the market won't support for coins like that. they deserve to be disposed of because no growth and development will occur.
hero member
Activity: 1148
Merit: 504
April 05, 2019, 12:49:52 AM
Not always dude. Some of these coins we tag as shit actually give a positive surprise at the long run. If a project has a working usecase, just dive in even if it's termed shit coin.
If manipulation occurs, maybe shitcoin has a high price in the market. But for the long term I don't think that will happen. They will not last for a long time, they will die soon if they cant survive. If they have a good and innovative developer. So their project cannot be called shitcoin
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
April 05, 2019, 12:05:29 AM
Not always dude. Some of these coins we tag as shit actually give a positive surprise at the long run. If a project has a working usecase, just dive in even if it's termed shit coin.
I have invested in CCN and a lot of people are thinking if that was a fake project or ico. Just try to put one eth and this time it's worth a lot of ethereum. Any shitty coin will not always become shit coin when it comes to the real development and release a real product.
You take the risk and its pays you that huge, every people have its own opinion about this matter for those who've got trapped and losses lots of money this principle caters their emotions while for people like you who got the chance to earned from projects that no one thinks to bring good outcome your
opinion will be much different.
legendary
Activity: 2618
Merit: 1181
April 04, 2019, 10:19:12 PM
Investing in shitcoins is a gamble, if you have got spare funds available the amount you can afford to lose then you can invest in shitcoins. If you want to do serious investment then just don't gamble by investing in these coins.
Agree with this, it is a gamble because shitcoin have chance to delisted and then not have value at all. It means we lose all our money that we invest in there. So maybe if people want to invest in shitcoins, maybe use money that we afford to lose.
full member
Activity: 1218
Merit: 112
April 04, 2019, 10:14:08 PM
Investing in shitcoins is a gamble, if you have got spare funds available the amount you can afford to lose then you can invest in shitcoins. If you want to do serious investment then just don't gamble by investing in these coins.
member
Activity: 487
Merit: 10
April 04, 2019, 10:07:14 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.

 

They are referred to, shitcoin for a reason because they possess one or two of these qualities where are amature and inexperienced team, bad Tokenomics, zero working product, little market awareness and poor listing
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 04, 2019, 09:39:39 PM
Yes, I know that Shit Coins Will Always Disappoint. Shit coins are very annoying. It is very difficult to understand when the prices of shit coins will increase. But most of the time the price of Shit coins decreases. But yes many people have made a lot of profits by investing in these shit coins. I always avoid shit coins. Because once I invested in Shit coins, I lost a lot of money. So from now on, I am 100 hands away from Shit coins. Because it is very difficult to earn profit through them. It is very very difficult to know Shit coins price will increase or decrease. So it is better not to invest in these.

Thank you


Its perhaps because too many coin and token in market or peoples just want to speculate with their money. Better choose altcoin with big daily transaction because shitcoin mostly have little daily transaction volume and dont have real project
People will spend money on such coins for a long time, because they believe that they can find something similar to bitcoin in terms of profit, but this is the way to lose money and no more
very bad if shitcoin is compared to bitcoin. shitcoin has a low hype and that is a foolish act of speculation.
although shitcoin has a chance to be pumped, but the opportunity is very small and rare. luck is the main factor.
It's not. The pump of shitcoin depends on the development progress. Investors are not so stupid, they are trying to accumulating more coin when there was a piece of big news that comes from the development of that shitcoin and those pumpers will pump it dude.
full member
Activity: 700
Merit: 136
April 04, 2019, 09:36:14 PM
Even pigs fly in a raging bull market like the one we saw in late 2017. Most of the coins will go up a lot and together in such cases. However, shitcoins are not safe for hodling and good for quick trading profits only.
hero member
Activity: 2520
Merit: 952
April 04, 2019, 09:25:15 PM
They don't always disappoint (like first line of your post says), I had an online friend who used to buy & hold shitcoins, and guess what he made hell lot of profit from it.
jr. member
Activity: 546
Merit: 1
April 04, 2019, 08:23:21 PM
shitcoin only a tool to lure investor to invest and then after they held ico sale, get some fund, then the project with the dissapear, you can call it scam one.
member
Activity: 406
Merit: 11
April 04, 2019, 08:04:53 PM
Not always dude. Some of these coins we tag as shit actually give a positive surprise at the long run. If a project has a working usecase, just dive in even if it's termed shit coin.
This is why it is always necessary for investors and holders of a particular coin to do a personal research into the coins in their possession. Cryptocurrency is a free market, thus it gives the power back to the people by allowing the full control over their holdings, hence decisions to whether hold or trade for other valuable coins must be based on the research findings.
I agree with you. Everyone should think with their own head and conduct their own analysis. Two months ago I bought coins of a new project during the sale, its price fell 100 times, but I do not worry and wait for better times. Before buying, I studied the project for a long time, my opinion is that it has great prospects and I see in it the potential for further growth of its coin.
member
Activity: 672
Merit: 14
April 04, 2019, 07:49:28 PM
Not always dude. Some of these coins we tag as shit actually give a positive surprise at the long run. If a project has a working usecase, just dive in even if it's termed shit coin.
This is why it is always necessary for investors and holders of a particular coin to do a personal research into the coins in their possession. Cryptocurrency is a free market, thus it gives the power back to the people by allowing the full control over their holdings, hence decisions to whether hold or trade for other valuable coins must be based on the research findings.
hero member
Activity: 1106
Merit: 506
April 04, 2019, 07:47:59 PM
yes it is a risk that we must accept when holding shitcoin. but don't regret making it a valuable lesson. to be rich with cryptocurrency we must have a lot of experience so that in the future we will choose the right coins. and indeed we can't hold shitcoin too long. for long-term investments the best choice is bitcoin and ethereum.
member
Activity: 602
Merit: 10
April 04, 2019, 07:31:02 PM
The best way to invest in shitcoins and maximize your chances of making some reasonable amount of profit is usually by buying the coin during its ICO period and selling them immediately they are listed on an exchange platform. This strategy reduces the risk for loosing your invested income.

Many token or coin price drop after listing because bounty hunters and investor dumping their token. Invest in legit coin is best option to reducing risk on our investment. Invest in crypto already high risk, its better not adding more risk by buying not legit token or coin
You can then agree with me that investors and hunters are to be blamed for this with these actions. What else do we expect, a project that has managed to enter exchange and probably because the hunter wants to reap the fruits of his labor on such project, rush to dump the coin which majority of them even sells lower than the price in the market, by doing so, we have already affected the upward price trend and except a genuine big investors comes in to hold the coin for a very long period of time, we might not see a significant rise in value of the coin in the open market but it doesn’t mean that the project in real life has stopped developing.

I am agree with you. We can not blame only on bounty hunters because sometimes investor dump the token for many reason. The price of token in market should be not affecting on the product or developers team to developing the project because they already collect many funds from ICO
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