Topic: SHIT COINS WILL ALWAYS DISAPPOINT - page 21. (Read 2683 times)
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.
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.
For you to make more profit you have to take risk , you can always be the first one to make that huge profit that is why you have to make fast decision. Sometimes shit more bring huge profit that already know coins.
Of course, shitcoins will always disappoint, I don’t think we have ever had any history of shitcoins that has never disappointed, shitcoins is a game of luck, and quite risk to invest in them too, though strategy can sometimes work when trading with them but you still have to be very careful and study the project we are investing too, at least from the whitepaper and their ideas, we will be able to tell if such project will make waves from the beginning before dying down.
It is not that most of these shitcoins purposely want to become shitcoins, some of them came up with really good projects but they lack the management of it, these are the types that can give one huge profit from the beginning before it gets dumped.
It is not that most of these shitcoins purposely want to become shitcoins, some of them came up with really good projects but they lack the management of it, these are the types that can give one huge profit from the beginning before it gets dumped.
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.
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.
With this logic you'd better go and trade fiat, lol
Bitcoin is risky but profitable enough to take this risk. Altcoins are even more risky and much more profitable than bitcoin sometimes. So, you are free to play with them if you want.
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
Not always, but for sure at the beginning. You need to give a project at least a year, to understand if it worth it or not. There were a lot of coins that were useless but made x20 within just several days after some big announcements.
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
"history is not intended for cowards" I quoted the words.
but that's true, if we want to succeed, we must take risks
but that's true, if we want to succeed, we must take risks
I would recommend that you try to diversify the risks of investing as it is much safer when investing in altcons, I understand that there are fraudulent projects and for which we lose money but there are not many of them.
Shit coins really taught me a lesson which is, go for a project with active community, team and products this way, you will comfortable at least to a certian extent. Shit coins will disappoint as it is their nature.
One must be very careful when choosing to invest in altcoins, because many do not have much development or have enough market capitalization, which leads to multiple falls until their value is negligible, the best thing to do is to investigate everything about of the currency and see which Exchanges are listed, and take into account if they incorporate new features.
It should also be taken into account, that the Bitcoin falls, will directly affect the price of the altcoin, so it should be taken into account that most times in the current market phase, which is accumulation, volatility is strong , and many claim that it is bearish but, the real reason is that all investors and speculators want to buy cheaper.
To increase the confidence in altcoins, it is best to follow or buy coins that are first in the top5 of coinmarketcap, only in that way investments will be much safer.
When you invest in Altcoins, analyze the level of liquidity and the social activity of the project / coin. I choose Altcoins only from the TOP-100 cryptocurrency market. It should also be taken into account, that the Bitcoin falls, will directly affect the price of the altcoin, so it should be taken into account that most times in the current market phase, which is accumulation, volatility is strong , and many claim that it is bearish but, the real reason is that all investors and speculators want to buy cheaper.
To increase the confidence in altcoins, it is best to follow or buy coins that are first in the top5 of coinmarketcap, only in that way investments will be much safer.
One must be very careful when choosing to invest in altcoins, because many do not have much development or have enough market capitalization, which leads to multiple falls until their value is negligible, the best thing to do is to investigate everything about of the currency and see which Exchanges are listed, and take into account if they incorporate new features.
It should also be taken into account, that the Bitcoin falls, will directly affect the price of the altcoin, so it should be taken into account that most times in the current market phase, which is accumulation, volatility is strong , and many claim that it is bearish but, the real reason is that all investors and speculators want to buy cheaper.
To increase the confidence in altcoins, it is best to follow or buy coins that are first in the top5 of coinmarketcap, only in that way investments will be much safer.
It should also be taken into account, that the Bitcoin falls, will directly affect the price of the altcoin, so it should be taken into account that most times in the current market phase, which is accumulation, volatility is strong , and many claim that it is bearish but, the real reason is that all investors and speculators want to buy cheaper.
To increase the confidence in altcoins, it is best to follow or buy coins that are first in the top5 of coinmarketcap, only in that way investments will be much safer.
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The shit coin is so disappointed for anyone first of all most of the shit coin did not listen to exchange for a long time. Most of the time ico invest loss their money to invest their scam project and team member going to offline when they gets lots of money from the investor and you cannot find any update for their social media. I have some shitcoin which coin got from some bounty campaign and last one year there was no update so i thank Sec to verify and stop this fraud project.First of all not all sh*t coin are totally sh*t because not all dont have a value . some can a hidden gem like what happen to me last year when i was doing some couple of airdrops . i didnt expect to get a reward but one time i recieved a coin with a low value but after a month or two , the coin pumps up 10x times . i sold it for cold cash .
Secondly , investors are not forced to invest on these ico's to get only a sh*t coin . and third , i dont think that sec can do something to stop the fraud . frauds and scamming are already part of our ecosystem . they cannot be totally combated . its only up to the user if he is wise .
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
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.
The shit coin is so disappointed for anyone first of all most of the shit coin did not listen to exchange for a long time. Most of the time ico invest loss their money to invest their scam project and team member going to offline when they gets lots of money from the investor and you cannot find any update for their social media. I have some shitcoin which coin got from some bounty campaign and last one year there was no update so i thank Sec to verify and stop this fraud project.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.
Why did you buy the coins in the first place? You bought it because you believe its is a solid project or you bought it because if greed? Did you read the project whitepaper, verify their claims and check their online social media presence?
If people do not participate in scam or substandard projects they will die off
If people do not participate in scam or substandard projects they will die off
Yes its always disappointed for us if we buy some of coins and in the end will be come a shitcoins. We need to get some profit in the coins we have but in the end will become instead. So that's why we need to be careful on what coins we need to buy.
When I look at my wallet most times, I will just laugh hard while trying to remember what actually made me buy certian coins which are worthless. The hard truth is; shit coins will continue to disappoint because they are worthless. But if tomorrow they turn around, no problem.
I wonder if when would that tomorrow will be? So far I haven't seen any shit coins turning around yet maybe they aren't really that good and they were just for a show, for pump-and-dump projects only. As a one time project for developers, like a promising project but at the end, they were just a piece of crap that has no value in the junk.
I agree with you, and you right in this point "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". Is better if we play safe and patient rather than gambling our money in sometimes can give us regreting, our money is not gambling
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