Another bad thing, that shitcoins are often traded on unknown exchanges with a doubtful reputation. When users move their funds to those exchanges and stat trading there, they may suffer losses because of account freezing, too long unprofessional wallets maintenance, scam, etc.
The most recent example is a shitcoin-exchange Tradesatoshi, check this theme:https://bitcointalksearch.org/topic/tradesatoshi-beware-blocking-without-reasons-5118992
Topic: SHIT COINS WILL ALWAYS DISAPPOINT - page 25. (Read 2683 times)
Not all shitcoins are disappointing ,remember that dogecoin was always called shitcoin ,remember bytecoin ? It was very worthless backing the days ,my advice is if you are not ready to hold shitcoins for a very very longer time its better to avoid at all cost,shitcoins takes more time before they create value
Yes, indeed, many people seek to increase their incomes and expose themselves to undue risk. We very often invest in shitcoins, because they can potentially bring us huge profits, but before that we do not even conduct a thorough analysis of these projects. It is not surprising that this leads to the loss of our funds, so I advise beginners not to repeat such mistakes and choose Bitcoin or reliable altcoins.
Shitcoins are better for those who wants to hodl till bullrun returns ,shitcoins only benefits the holder when bullrun is around ,don't expect any spike from them and they aren't all bad
Like the name "shit coin". Anything in relates to this altcoin, never get good ending. in my opinion, never think to buy this kind of coin. It will cost you a lot. If you insist to buy this alcoin you know how big the risk.
What kind of races for lambo I don’t know what to do in this market to get this lambo. Trade every day. Go only to the top projects. Is it all real?
it can give you lesson not to buy shitcoin, but it is a greedy nature of people who want to get a lot of profit but don't want to think about the consequences that will be received if buying shitcoin
investing in shitcoin will make you lose, make it an expensive experience for yourself, not easy to make a profit on new coins and better invest in one of the top 10 best coins
We believe not all coins are shit, but teams that truly work altruistically for the good of the coin and develop real partnerships go far.
There are many shitcoins that can make you rich, but you need to pick them well... Otherwise you are screwed
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.
Basically, before, I was saying that we need to filter out ICOS and buycoins only that is really proven good. But then, I figured out that even those already established ones have its own defect and negative side. I don't know what to do now, my analysis won't work.
Holding for long term is good option if we trust on the project and developers team. There is an alternative if we do not want to invest in ICOs, right now many big exchanger launch their own IEO and i think its good opportunity making profits from IEO
Are you serious invest your funds for long term only based on your feeling and trust to the project and teams? Shitcoins will be shitcoins, most of them just become dust on your wallet. It is not recommended to holding it for long term.
Investing in a new project is always risky and you should know that you have a minimum chance to make money on it. From my investment practice, no project has brought me the expected profit, so I decided to buy only proven coins and keep them on my wallet.
Yeah, many people are losing money in ICO, nowadays people buy the ICO to get profit, so they will dump as soon as it hit the market, they don't care about the feature and potential that the coin offers, and with the market bad condition it makes the shit coin performance become worse, its better to hold strong and famous coin although the price cant go up really fast but its more stable and for long term it got a good chance to make profit
Holding for long term is good option if we trust on the project and developers team. There is an alternative if we do not want to invest in ICOs, right now many big exchanger launch their own IEO and i think its good opportunity making profits from IEO
Yeah, many people are losing money in ICO, nowadays people buy the ICO to get profit, so they will dump as soon as it hit the market, they don't care about the feature and potential that the coin offers, and with the market bad condition it makes the shit coin performance become worse, its better to hold strong and famous coin although the price cant go up really fast but its more stable and for long term it got a good chance to make profit
Shit coins as always a shit coins and it cannot help them to get your profit in the future, if you pick up the shit coins it is always disappointed and maybe your capital it maybe loss we must have to check it first before you buy them.
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.
To be frank, i really lost 60% of my investment hoping on a coin newly launched. I spent time in analyzing the project and the team details. Waiting for few weeks watching the growth but at last i lost. The value drastically gone down on the next day i bought the coin.
I'm not sure your coin is really dead, it's only a matter of time.
I recommend that you continue to monitor the development of your tokens and support the project, after the roadmap runs still hope.
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.
To be frank, i really lost 60% of my investment hoping on a coin newly launched. I spent time in analyzing the project and the team details. Waiting for few weeks watching the growth but at last i lost. The value drastically gone down on the next day i bought the coin.
Not always the case. The perceived shitcoins are actually the ones making several people out there very wealthy. The truth is, you need to possess these supposedly shitcoins in a reasonable level before you can actually profit greatly from them. Even shit coin have their own mooning time. Everything must fall in place for it to make an impact.
There is no sure profit in shitcoin. It's pure gambling because you don't know if it will give you profit once you bought it. Also some shitcoin has no product to serve. They only do it just to get money from investor and become idle in their coins.
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