Topic: What Will You Do If You Are Trap On A SHIT Coin ? Or Low Volume Coin (Read 2418 times)
November 24, 2017, 03:44:49 AM
No clue about Skyway coin but I have too many worthless coins which I can't even sell as their price is below the eth gas fee. The coins get dumped badly on etherdelta and when once I used to like etherdelta as it's an easy exchange to trade altcoins immediately after the sale, now I feel it's too bad for a coin's future to be listed on etherdelta when a coin gets sold 10 times lesser than it's actual value. Most users there only believe in dumping the coins for the least amount.
November 24, 2017, 03:41:29 AM
I think the best option is cut the loss. But before you sold them out you need to check the news about that coin to see anything news happened and will it affect to the coin price or not. There are a lot of trash coin and people trapped into it everyday, some people cut the loss right after that but some other keep holding and wait until the price increase back 
Recently, a lot of such projects that seemed very promising and had hopes for good potential. In general, But today their coins are almost worthless and even investors are losing their money, because even fraudulent approaches to the creation of the project can be traced. Of course, it's very difficult to single out such projects, but that nemesis needs to work on studying information in this area.The problem is that people today are looking for quantity instead of quality and end up holding a shit coin and hoping it gets pumped so they can get a lot of profit not knowing that the possibility of the coin dying at any time is even much more than getting anything from it.
Anyone who is trapped on a shit coin should just accept their fate and move on unless you are lucky enough to see who to take over from you.
November 24, 2017, 02:02:58 AM
Just sell it, it might fall even further.
First, I would like to let you know that this all depends on the market cap, when a coin is not getting or attracting investors then it won’t be rising in price rate, it will remain low at price rate. So as for what I will do if I’m trapped in a shit coin– what I will do is to check online for a legit site or exchanger that buys the coin, if there is, then I will sell to them. Next is to check if the exchangers running the shit coin allows withdrawal of money that was invested, if they do, then I withdraw. Lastly, this might be a bad one, but I will look for someone I would trick into buying it from me, lol.
November 22, 2017, 04:41:57 AM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? November 22, 2017, 04:29:13 AM
Just sell it, it might fall even further.
November 22, 2017, 04:28:36 AM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? 
November 22, 2017, 04:26:47 AM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? I am not familiar with that coin. But I say I am in the current situation. I have a coin and I am holding it for almost four months.im It pumps two times but in that time I am so very in school since I am a student and I set my study priority. So I missed it. Now the I am nit busy its price goes down and down and down. I feel sad at all. I do not know if I am doing the right now, I still wait for the another pump I check the price every day but in the market it is still red. I wonder if it will recover or not. If tes how? When?. It is now 0.4 dollar from its 0.8$ . I am thinking of setting its value on the exchanger but I do not how much will I set it.
November 20, 2017, 10:06:45 AM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? 
November 20, 2017, 09:21:41 AM
Well if you think you are trapbwith shit coin then its better you get out as early as you can before you will all your money and just invest it to another coin that has a big potential to cover up your losses.
That's right. But if you've invested in other coins, maybe you've learned it here. Before you invest, first read the white paper or their road map to find out if its fundamentals are strong, see also how developers follow the roadmap correctly.
November 20, 2017, 09:13:11 AM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? November 19, 2017, 07:17:16 PM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? So If you have the case like that better say good bye and better luck next time.
November 19, 2017, 07:00:32 PM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? So If you have the case like that better say good bye and better luck next time.
November 19, 2017, 06:57:30 PM
This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ? I think must not hold too much altcoin (proportionally)
If the trend of the coin is only going lower and there doesn't seem to be active developments from the dev, then maybe it's better to cut loss
November 19, 2017, 05:18:42 PM
Well if you think you are trapbwith shit coin then its better you get out as early as you can before you will all your money and just invest it to another coin that has a big potential to cover up your losses.
Exactly. You already know that it is a shitcoin. Why bother holding it? It is best to cut your losses and just sell it. Invest in another coin where you can recover back what you've lost on that shitcoin. 
November 19, 2017, 04:49:16 PM
Generally I'm of the opinion that I might as well hold them in the hope that one day they have some worth, for example I am stuck holding some ATS which is regarded as being a scam coin, it is now completely worthless pretty much. I could sell my whole holding for just a couple dollars or I could wait and maybe one day it'll be worth something, for me those 2 dollars aren't going to make a difference.
November 17, 2017, 07:51:49 PM
Well if you think you are trapbwith shit coin then its better you get out as early as you can before you will all your money and just invest it to another coin that has a big potential to cover up your losses.
Exactly. You already know that it is a shitcoin. Why bother holding it? It is best to cut your losses and just sell it. Invest in another coin where you can recover back what you've lost on that shitcoin. 
November 17, 2017, 01:59:11 PM
Well if you think you are trapbwith shit coin then its better you get out as early as you can before you will all your money and just invest it to another coin that has a big potential to cover up your losses.
Exactly. You already know that it is a shitcoin. Why bother holding it? It is best to cut your losses and just sell it. Invest in another coin where you can recover back what you've lost on that shitcoin. November 17, 2017, 01:11:48 PM
Well if you think you are trapbwith shit coin then its better you get out as early as you can before you will all your money and just invest it to another coin that has a big potential to cover up your losses.
November 17, 2017, 12:26:42 PM
Usually when I stuck with shitcoin no matter what coin it is, I will sell it when there are no more sign of improvement, it is better to get a little than lost it all, but I seldom buy random coin which is not popular, because I know unfamous alt coin price will never recovered once it dropped down
Isn't that why we even call it a shit coin in the first place.I usually do not tamper with shitcoins or hold them for long and even if I will have to buy, I only do when they are at huge dips. Anything that would affect them at that huge dips and would make them to keep going lower is something terrible which is why I don't joke at all with my stop loss on those coin which is what I believe everyone should always do when holding a shitcoin to be able to manage whatever comes after.
November 17, 2017, 12:58:44 AM
I think the best option is cut the loss. But before you sold them out you need to check the news about that coin to see anything news happened and will it affect to the coin price or not. There are a lot of trash coin and people trapped into it everyday, some people cut the loss right after that but some other keep holding and wait until the price increase back
Recently, a lot of such projects that seemed very promising and had hopes for good potential. In general, But today their coins are almost worthless and even investors are losing their money, because even fraudulent approaches to the creation of the project can be traced. Of course, it's very difficult to single out such projects, but that nemesis needs to work on studying information in this area. Jump to: