SHIT COINS WILL ALWAYS DISAPPOINT - page 20.

lobo13hf

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Quote from: Cashi on March 28, 2019, 06:56:48 PM

Quote from: ataki on March 28, 2019, 06:45:40 PM

Investing in shit coins is a gambling and usually they are pump and dump coins without any use case and real development behind. We have to be very careful with them and watch for the red flags and do not allow these
projects to take our investment funds down.

I agree, typical low marketcap shitcoins are a bad investment strategy and pump + dump is a guarantee to suffer losses. A good coin has always a value itself and if people trust in it, there will be no dump and no losses for all holders.

Not sure when you are seeing enjin and any other coin in the same tier. enjin can attract big companies and each platform will have the different result and any shitcoin has a chance to do that but this will be only from all of them

Odonko

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This is one of the mistake most crypto enthusiasts make and it ends them in investing into shitcoins. Some crypto enthusiasts buy into a cryptocurrency out of the hype and FOMO that is circulated about the cryptocurrency. If you always invest into cryptocurrencies with such reasons you would end up throwing my funds away. Furthermore, don't hold all of your ICO investment cryptocurrencies so that if the project does not become successful you don't lose much by holding every little bit of your investment.

Cashi

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Quote from: ataki on March 28, 2019, 06:45:40 PM

Investing in shit coins is a gambling and usually they are pump and dump coins without any use case and real development behind. We have to be very careful with them and watch for the red flags and do not allow these
projects to take our investment funds down.

I agree, typical low marketcap shitcoins are a bad investment strategy and pump + dump is a guarantee to suffer losses. A good coin has always a value itself and if people trust in it, there will be no dump and no losses for all holders.

ataki

full member

Activity: 602

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Investing in shit coins is a gambling and usually they are pump and dump coins without any use case and real development behind. We have to be very careful with them and watch for the red flags and do not allow these
projects to take our investment funds down.

Zidan Bst

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Exactly, because shitcoins is only pump and dump token without real usecase.
Better to avoid invest in this coins.

cryptoblue77

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If you are interested to invest in newly listed shit coins then you have to invest as much amount as you can afford to lose. As there is no guarantee that they would appreciate in value in future.

maculeth

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BountyMarketCap

therefore, do not ever invest in large amounts in the shitcoin. there are still many choices that you can make as an alternative to your profit, such as bitcoin, etherum, ripple, or other altcoins. it's more certain, than you choose shitcoin that disappears.

MakeMoneyBtc

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Why did you buy those coins if you knew they were actually shit coins? The right time to discover if a coin is good or not is before you buy it so you should be more careful in the future and do more research before finding buying something and later find out you did the wrong thing.

BurstBurst

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many altcoins are new but there are altcoins that appear to be shitcoins so other investors are careful about selecting the altcoins they are buying the reason why shitcoin becomes or becomes worthless an altcoins know the reason is because it's no longer active its admins and dev and have nothing to do with their group and project so other holders bring them to the sale of their altcoins and their price falls so other holders can not afford it but it's just being sold out rather than falling down the price is so before you buy altcoins or invest to make sure it is legit and longterm so that the money you used to invest in is growing and your money is not happy.

nekonyun

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it's a big risk to buy shitcoin because shitcoin has a low volume. Seller volume is greater than buyer volume. this causes shitcoin to be worthless so don't buy shitcoin

betty11

copper member

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Quote

Unfortunately, it is very difficult to increase the amount of BTC without trading shitcoin. That's why we all take a hand in this.

Thank you for the epic truthful response. While some others are blasting me, whereas they hide to trade the same shit coins. I hate it when some guys come online to pose as Mr know it all. Last time, many high ranking members in this forum promoted a scam coin called "Ethereum classic vision", I knew it was a scam, same with Wave fork. The bottom line is that: at one point in time, we try to see if there could be any thing from a shit coin, however with care. It's part of the whole learning process.

moonblocks

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3... 2... 1... Launch!

Alternatives are very speculative in nature so you've got to be careful when investing and not get caught up in hype or FOMO and get tempted to buy when the value of an asset is overbought as you probably won't make any gains but if you're investing in good quality projects at the right time you're more likely to benefit

coinsycrip09

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Quote from: dawai asmara on March 24, 2019, 03:53:21 PM

Quote from: Onuohakk on March 24, 2019, 12:49:46 PM

A very funny topic but still holds a good atom of truth the cryptocurrency world proves the opportunity for project to get in so we get huge number of coins(altcoins) coming in with so many being shitcoins which are rear to survive

very reasonable because there are so many projects scattered here that it is natural that the number of projects that fail is also a lot.
but we don't need to be too disappointed because there are many good projects, it's just hard to find them so we have to be more careful and patient.

you are right, we only need to try harder to find it.
i think we don't need to feel disappointed and give up just because we get SHIT COINS a few times, i think that is a lesson for us to be someone who is smarter in choosing projects.

Darklinkz

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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.

Perhaps there are a much large number of people before who are betting on shitcoin so that is why it works. If you know only know how many members of each pump and dump groups that are scattered everywhere in telegram or facebook. But now, you are right because it won't work that way anymore and I want my investments to be safe with btc.

CleverOracle

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BBOD - The Best Crypto Derivatives Exchange

The bearish market + scam projects is making crypto investing much more harder and riskier so if you don't have the courage to take that risk then stay away from investing on new coins and just keep buying Bitcoin for a long term goal.

yesyes18

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Activity: 546

Merit: 12

Oh yeah...the name even speaks fir itself. So far as you are a shitcoin there's a low probability of usefulness for you or from you and so you become valueless. Nevertheless, there are others who believe it an help them make sime amount of cash and i don't know how they make such conclusions. I won't gamble my money on something called shit.

radjie

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Quote from: Robotbitcoin22 on March 24, 2019, 01:40:28 AM

therefore, stop investing or bet on shit coins or shit tokens which do not benefit us, because indeed today does not provide big profits precisely the risk of loss that we get

many people expect to make a big profit by buying one of the good tokens to invest, but on average for now almost all newly launched tokens don't have high value, many of them even become types of junk coins that have no value at all on the market maybe when the price of Bitcoin can increase sharply there will be many valuable tokens that are suitable to invest, but for existing shitcoin it will not change its value if the project does not have good growth

shesheboy

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Quote from: mrdeposit on March 24, 2019, 05:14:40 PM

Quote from: Ultimist on March 24, 2019, 04:03:56 PM

Investing in crypto always involves risks. I, too, as the bought coin, which when the was successful and enriched many people. In the end, I failed because I didn't do the proper research.

And that is why losing money is entirely your fault. The decrease in the number of good projects already increased the number of scammers. And not doing deep research about the project will cause you to lose.

If people will only buy bitcoin and etherium or just any other top coins im sure that no one will got scammed , we can all earn a profit not only that but you are also supporting the crypto community to improve more while investing in those unrated/unkown coins wont give you any benifit. You are only helping the scammers to get rich quick and you are also helping the reputation of crypto to go sink .

mrdeposit

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Quote from: Ultimist on March 24, 2019, 04:03:56 PM

Investing in crypto always involves risks. I, too, as the bought coin, which when the was successful and enriched many people. In the end, I failed because I didn't do the proper research.

And that is why losing money is entirely your fault. The decrease in the number of good projects already increased the number of scammers. And not doing deep research about the project will cause you to lose.

cryptolord2077

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Merit: 110

Well, on the one hand, I agree with your statement, but it is obvious that the entire crypto market can disappoint anyone. This is just a field with an extensive number of possibilities, with the wrong approach you will be disappointed at every step.

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