SHIT COINS WILL ALWAYS DISAPPOINT - page 24.

Kingairdrop

jr. member

Activity: 552

Merit: 1

Quote from: betty11 on March 21, 2019, 08:57:29 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.

You are very correct OP, shit coins have a way of making us cry at the end of the day. it always follows the principle of get in first and sell to the late comers. Say NO to shitcoins

junkerr

full member

Activity: 1022

Merit: 100

Meta4uStake.io

Quote from: giletto on March 22, 2019, 06:56:40 PM

As usually expected. They are called shit coins for a purpose because they hardly have a good team, bad tokenomics and distribution, little marketing or social awareness and zero minimum value product. They are mostly pump and dump coins.

the most severe after distribution and registration in the team exchange disappears and no more updates. we can see many projects like that now. but be careful and aware of the assets that we have.

giletto

sr. member

Activity: 812

Merit: 250

Quote from: betty11 on March 21, 2019, 08:57:29 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.

As usually expected. They are called shit coins for a purpose because they hardly have a good team, bad tokenomics and distribution, little marketing or social awareness and zero minimum value product. They are mostly pump and dump coins.

jazmuzika217

member

Activity: 476

Merit: 12

Shitcoin is a deadcoin that easily manipulated by bigwhales pump and dump scenario thats why I stay away from this shitcoin.

Quote from: Question123 on March 22, 2019, 05:49:42 AM

Dissapointing is depends on you, if you saw the coin was shitcoins so it's simple don't invest it. Many people still until mow are taking risk to invest to shitcoins because they believe they will get profit still on that kinds of coins. But most of the people and even me I really like to invest to the potential coin. Investing to shitcoins is not bad because that is their money and they have freedom to choose what coin they purchase.

You have a point buddy dont ever trust shitcoin or ever if you want to lose your money easy as a blink of eyes, because those big whale is one can earn big profit by this shitcoin.

Leah38

full member

Activity: 1078

Merit: 102

Always be careful with too much hyped coins. You'll just end up buying shitcoins sold on exchange promising x2 x100 profit but will not happen at all. Better just keep your assets on the top coins and do a thorough research on a project before investing.

oktana

sr. member

Activity: 1582

Merit: 281

Eloncoin.org - Mars, here we come!

When we play in Shitcoin we will definitely get the risk that we all know that coins like that cannot guarantee good results but some shitcoin can also give us big profits because there are some shitcoin with very good project concepts and the community is also very good at it , of course the price of the coin will experience a very high pump, here we must be able to use the momentum to make a profit.

Cryptrx

jr. member

Activity: 498

Merit: 1

Worlds Simplest Cryptocurrency Wallet

That is the reality with shitcoins. They are more like pump and dump scheme, easily manipulated due to their low volume. J won't advice anyone to buy and hodl shitcoins.

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

Quote from: Bttzed03 on March 22, 2019, 05:52:58 AM

When you already call a "shit", how do you expect it not to disappoint? Grin

It's a term being used loosely. Why not try to define what a shitcoin is first?

If I can define shitcoin is a coin that does not have a large volume in an exchange. shitcoin is a coin that has been abandoned by the community and ignored by the developer so that the coin does not develop and tends to go down and be discarded.
this is only an understanding based on experience rather than the truth.

Quote from: andreibi on March 22, 2019, 05:54:01 AM

Never buy during the hype. Always try to be ahead of the pack by looking through the Bitcointalk threads for possible winners. The things to look for are: originality, new innovation and community interests.

A good recommendation, this forum is an important part of discussing and finding quality coins. Cool

Chainsmokers

sr. member

Activity: 1372

Merit: 252

Quote from: betty11 on March 21, 2019, 08:57:29 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.

I think everyone will have their own decisions based on what they feel can give them benefits and there will always be risks in each of these choices, so we must really think about it before doing that.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: betty11 on March 21, 2019, 08:57:29 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.

Of course, this is so true. I am a victim of this. In instances where I should've taken profit and run, i stayed out and eventually got burnt. Inversely, in instances where I should've let it run i took profit too early. Till date I regret not cashing out on Bitwhite and Swisscoin.

kaya11

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

Too bad for you, well most of the time losers realized it's too late to pull their money back to BTC. My hope for you is that through positive reinforcement and education you will be able to evade things likes this in the near future, well if you are still interested in investing on crypto currencies. I myself put money in crypto projects that I feel will change things. And the stronger feelings is only for Bitcoin only and not of those shitty coins that out there.

andreibi

legendary

Activity: 1647

Merit: 1012

Practising Hebrew before visiting Israel

Never buy during the hype. Always try to be ahead of the pack by looking through the Bitcointalk threads for possible winners. The things to look for are: originality, new innovation and community interests.

norachuks

jr. member

Activity: 331

Merit: 3

Yes shitcoins are disappoint but some can actually prove you wrong sometimes and I have witnessed it.

Bttzed03

legendary

Activity: 2114

Merit: 1149

https://bitcoincleanup.com/

When you already call a particular coin a "shit", how do you expect it not to disappoint? Grin

It's a term being used loosely. Why not try to define what a shitcoin is first?

Question123

sr. member

Activity: 1624

Merit: 267

Dissapointing is depends on you, if you saw the coin was shitcoins so it's simple don't invest it. Many people still until mow are taking risk to invest to shitcoins because they believe they will get profit still on that kinds of coins. But most of the people and even me I really like to invest to the potential coin. Investing to shitcoins is not bad because that is their money and they have freedom to choose what coin they purchase.

semobo

full member

Activity: 1498

Merit: 146

Quote from: betty11 on March 21, 2019, 08:57:29 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.

When you don't know what coin you are investing on then you will face losses,even if the coin is cheap or expensive we need to only buy when we have enough research on that project.

Error 522

full member

Activity: 216

Merit: 100

Quote from: Slow death on March 21, 2019, 11:18:28 AM

This reminds me when I bought a certain shitcoin. Dev made promises that he was opening a casino and he had a license. So people started buying the shitcoin and the shitcoin prices increased more than 100% in 2 days, when Dev showed the casino, it was a big disappointment and the price fell a lot. I had a 5% profit only, that's because I went in late and thought the shitcoin was a good project, but I was wrong. Altcoin are very dangerous investments. I see things that shock me, like hell it can be possible an altcoin to have 300% increase just because the creator of altcoin made a twiter saying that the altcoin will have rebrandi of the logo or that the altcoin was added in binance?

I find this humorous. You made 5 percent. HAHAHAAHA that is actually VERY GOOD!

overnight03

member

Activity: 308

Merit: 10

Quote from: betty11 on March 21, 2019, 08:57:29 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.

This is part of this cryptocurrency market, Shitcoin is like a trash can in the house and it always exists, I think we can't get rid of it in this market and we should be careful about the coin we want to invest before we regret it

petronus

jr. member

Activity: 252

Merit: 4

I have bought a few shitcoin before and managed to get a lot of profit. Because I immediately sell after listing on the exchange. Usually shitcoin will have a large volume just after listing and then drop dramatically. So don't ever hold too long if you have shitcoin.

HatakeKakashi

hero member

Activity: 1274

Merit: 513

Shit coins the percentage to increase the value is very low only 1 percent I think. But I remember before I have invested to the shitcoins and those shitcoins gives me a lot of profit maybe Im lucky on that day. Not all the shitcoins is not good to buy because there is some shitcoins that gives you more profit after long time and you need to be patient only but once you invested to shitcoins you must prefared that anytime your money gone because maybe shitcoin will die if they continue to dump the value.

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