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Topic: SHIT COINS WILL ALWAYS DISAPPOINT - page 26. (Read 2671 times)

full member
Activity: 700
Merit: 100
March 21, 2019, 06:35:39 PM
#56
we have to remember if in trading or crypto coin investment there will certainly be someone who can profit or loss, but if we are smart in analyzing and making decisions in every moment that occurs we will be able to get profits even though not as big as the amount.

rather than investing in shitcoin which has a big risk for losses that can occur to us, it is best to invest in coins that clearly will be able to give us profits, even if we have to wait a long time and stay in a bad market situation.
sr. member
Activity: 2030
Merit: 269
March 21, 2019, 06:32:23 PM
#55
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.

 

Majority of us here had the same experience, this is the reason why our main portfolio should only be the top coins in the market, you can add ICO coin but do not expect much from the current market condition, it's true value will only show up after many months or when the market improves and investors starts looking for new promising coins to buy.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
March 21, 2019, 06:08:13 PM
#54
this sounds like fomo, new coins are difficult to surprise when entering an exchange. moreover the tokens from ICO, most even dumps are far from ICO prices. Except for new IEO binance coins like BTT, this is more popular and promising.
you should study your investment and start choosing coin / tokens that have large volumes in the coinmarketcap.
sr. member
Activity: 758
Merit: 250
March 21, 2019, 05:59:11 PM
#53
By this statement, you definitely have not had good experiences with highly speculative projects, but this can make you better and understand that Shitcoins are in this category because they provide nothing more than speculation. The first step is to avoid chase in sudden valuations and buy Shittokens or Shitcoins in the back and never in tops, unless you're good at retrace and things like that, but the ideal is to buy when no one wants.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
March 21, 2019, 05:49:08 PM
#52
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.

 

Your main portfolio should be the top coins in the market and don't pour too much in new coins or those coming from ICO the market is so bad that even a new coin that can be considered a good project will not have a competitive price when it the market the first time.
sr. member
Activity: 594
Merit: 250
March 21, 2019, 05:41:09 PM
#51
It's not a matter of not investing on new coins, but a matter of setting up your portfolio right. You can still invetment on those new coins because those coins offer much better profit. However, you should still have your fundamentally strong coins in your portfolio as your bread and butter.
member
Activity: 555
Merit: 12
March 21, 2019, 05:34:41 PM
#50
Oh I don't gamble when it comes to making investment. Buying shitcoins waiting for lambo is gambling. I would rather buy a coin with future potential, even if the price dips, I'm sure someday development news will bring an uptrend. It's better you hold BTC, ETH than getting in a shitcoin due to FOMO.
legendary
Activity: 2058
Merit: 1166
March 21, 2019, 05:30:42 PM
#49
You're right. If the coin has reached a great height, not the fact that it will do it again. Therefore, we need knowledge to identify a coin before the start of their growth.

And be satisfied if you have made nice gains and take some money off the table. Perhaps reinvest it in another coin you think could do the same.
member
Activity: 572
Merit: 10
March 21, 2019, 05:22:35 PM
#48
You're right. If the coin has reached a great height, not the fact that it will do it again. Therefore, we need knowledge to identify a coin before the start of their growth.
copper member
Activity: 1050
Merit: 294
March 21, 2019, 05:21:11 PM
#47
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 have "realized" that means you have learned, and from your post i can see that you are now pretty much aware of market and these shitcoins.
Altcoins investment always involve high risk than BTC investment so if you really want to invest in altcoins you should need to analyze briefly before choosing it.
jr. member
Activity: 154
Merit: 1
March 21, 2019, 05:03:18 PM
#46
Yes playing safe is good but one can still use shit coins to grow your portfolio because it can give crazy profits if you know when to enter and when to opt out. I have done this many times and the probability of getting something out from them through my non greedy smart decision was more than what I expected.
sr. member
Activity: 1624
Merit: 250
March 21, 2019, 04:53:16 PM
#45
Nothing is as hurt as gambling on shit coins, hoping probably huge amount of profit will come out of it but later got wrecked when the project finally turn shit on exchanges!! The only way to stop battling with issues like this is to invest only on trusted projects with solid team.

Yes, this is the thing about the alt coins. A lot of people normally use them only to try to get some profit out of it, since sometimes you can get pretty high amounts from buying and selling at the right times.

Then a lot of them disappear precisely and that's it, the people who lose their chance to sell is done. I do agree that most of them will always disappoint.
Main media programs show us the ways for losing the balance in short time. RIght strategy is buying low and selling high but haters spread the false information with buying high and selling low.
member
Activity: 322
Merit: 20
Donating 10% to charity
March 21, 2019, 04:35:46 PM
#44
Nothing is as hurt as gambling on shit coins, hoping probably huge amount of profit will come out of it but later got wrecked when the project finally turn shit on exchanges!! The only way to stop battling with issues like this is to invest only on trusted projects with solid team.

Yes, this is the thing about the alt coins. A lot of people normally use them only to try to get some profit out of it, since sometimes you can get pretty high amounts from buying and selling at the right times.

Then a lot of them disappear precisely and that's it, the people who lose their chance to sell is done. I do agree that most of them will always disappoint.
jr. member
Activity: 308
Merit: 1
Free Crypto in Stake.com Telegram t.me/StakeCasino
March 21, 2019, 04:34:51 PM
#43
That's the risk you have to take when dealing with those shit coins. You are at your own expense buddy, you already know that is shit and yet you manage to gamble some of your money into it. Lesson learned the hard way.
This is not a good option, but it is an opportunity to help us quickly increase the amount of money we own many times in a short time. For the Shit-coin it is easy to increase many times as liquidity is solved and some big investors are investing in it in a short time.
Yeah shitcoins can instantly increase the amount of your money but behind this fact you also have high risk to lose your money too. If you don't have your own fundamental analysis from those shitcoins it is not recommended to trade them.
Even experienced people are not always able to capitalize on such coins , the risks are great , but I think if you find a good entry point to the coin you can do x2 for a couple of minutes !
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
March 21, 2019, 04:33:59 PM
#42
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.

 
That's true, nowdays there is a lot of cryptocurrencies in the market, like maybe more than 3000 cryptos and there is only few people who made a huge profit from this coin, which you called them "shitcoins". Just they invested in the right time and cashout in the right time too, Maybe you can call that "luck" or maybe "people with a high knowledge about the market moves", but yeah those shitcoin can be also profitable for anyone. Personally, I didn't get a high profit from other crypto, I'm good with bitcoin right now, in the past few months I get also a high profit from IOST, but now I'm just holding my bitcoin and make some trades.
full member
Activity: 742
Merit: 144
March 21, 2019, 04:17:53 PM
#41
I have the same experience, just because everyone in the community said that those shitcoins are potential. So I try to buy some of it and finally I got nothing from it except loss my money. I have learned from my mistake and never do that again, never believe the hype on the community, at least if I want to trade on shitcoins I must be doing it based on my analytics
It sounds like a pump and dump group where telling you what to buy and when to buy, well this is too risky and the result will always be like this if you continue to depend to anyone. Shitcoins will always dump even if pumps a little there is no way for shitcoins to rise higher except because of manipulators. Invest on the btc, eth, xrp, ltc and you have nothing to worry.
sr. member
Activity: 1008
Merit: 308
March 21, 2019, 04:16:13 PM
#40
That's the risk you have to take when dealing with those shit coins. You are at your own expense buddy, you already know that is shit and yet you manage to gamble some of your money into it. Lesson learned the hard way.
This is not a good option, but it is an opportunity to help us quickly increase the amount of money we own many times in a short time. For the Shit-coin it is easy to increase many times as liquidity is solved and some big investors are investing in it in a short time.
Yeah shitcoins can instantly increase the amount of your money but behind this fact you also have high risk to lose your money too. If you don't have your own fundamental analysis from those shitcoins it is not recommended to trade them.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
March 21, 2019, 03:55:59 PM
#39
That's the risk you have to take when dealing with those shit coins. You are at your own expense buddy, you already know that is shit and yet you manage to gamble some of your money into it. Lesson learned the hard way.
This is not a good option, but it is an opportunity to help us quickly increase the amount of money we own many times in a short time. For the Shit-coin it is easy to increase many times as liquidity is solved and some big investors are investing in it in a short time.
jr. member
Activity: 184
Merit: 1
March 21, 2019, 03:50:13 PM
#38
Nothing is as hurt as gambling on shit coins, hoping probably huge amount of profit will come out of it but later got wrecked when the project finally turn shit on exchanges!! The only way to stop battling with issues like this is to invest only on trusted projects with solid team.
jr. member
Activity: 406
Merit: 5
I-CHAIN - The Revolution of Digital Advertising
March 21, 2019, 03:48:57 PM
#37
Well it depends on your parameters u use to classify shitcoins

Some major cryptocurrencies of today used to be shitcoins in the past... All you need to do is more research before making investments in order to decipher the usecase and available market for any investments u make in so called shitcoins
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