Bitcoin Forum

Just out of curiosity..I want to know how many of you are investing in real real shit coins like Truck, UFO etc. It doesn't seem like lot of money is going in those coins but they pump randomly and I'm interested to know how many investors get lured by those fake pumps?

As a wise investor I stay away from any coin that shows lack of development.

New Dev
No community
Shit development plan

etc

Sometimes I'll ride the waves of various shitcoins. I did quite well on the recent Monero pump and then was able to short it right before the dump. I wish my timing was that good all the time. ;)

Only hardcore - Paycoin (XPY)!  ;D

I have given up trading altcoins now.
You may earn some btc a few times. Unless you know what the whales are losing, you will end up bagholding worthless shitcoins.

i have been a little lazy lately and missed a lot of good opportunities in the market. but before i was looking for these shitcoins and whatever pump coin i could find and ride the tides for profit.

i don't care about the lack of development or having it, i love to see an altcoin with these features but as long as my investment goes, i don't care about any of that.

It is true. I ride hype shitcoins. The magic is in good timing when leave.

I never bag hold pure shit coins like the ones OP mentioned but if the coin is showing swing play action I will hold a bag and sell some off on each rise.

I never hold the shitcoins but as many have stated I happily ride the waves for either BTC or USD.  If I didn't care about day-trading I'd have all my money in Bonds and Cash Deposits.  Always take dollar-cost-averaging into account.  If you do you have a much better shot at more consistent profitable margins.

Problem is most invest too much too lose, invest all, or don't invest enough.  An Excel sheet or a graphing calculator will make life so much easier.

Jesus christ why haven't I done this sooner...thanks for that  ;)

I'm still completely new to trading, and only mess around with a small amount (that's been designated for trading only, so no depositing if I do lose).

...but even though most exchanges have their own tools, I've been looking for a better solution - and I use that solution (Excel) every day!

Don't laugh...I'm the one admitting all this ;D

most of these low low low crap coins dont really have any volume.  my belief that its just tweens learning trading and p&d.  some win $5 and some lose $5.  not many have high enough volume to account for anything that matters.  whoever the dev's are, and in whatever country they reside in.  the $20 scam must be worth spending hours with this copy paste shit rather than having a real job on odesk posting backlinks or doing local directory listings.

PFC, CYP, ASN, DRZ, BNB and more Some of that i get profit and some lost

Now i am only trade in coin with high trust comunitt #GEO

People were making 10BTC+/day with mining and selling XPY before the New year  ;)
Sometimes we also underestimate these shitcoins, buying some crap @ 1 satoshi and selling it @ 10 satoshi is some nice profit!

Im lose more in XPY, That coin is F*cking shit 2BTC lose in XPY iam buy beetween rate 0.025 after 1 week rate only 0.0005

Time is passed from trading shit coins. But to have more then one coin is good i have old ones besides BTC, like ltc, doge, nxt, prime and some small amount of dash. Rest is gamble and im not good in gabling so i dont need fast profit last time i hook my self with some shit one and almost lose all investment

any investment in coins its not bad i rarely use diferent coins from famouse alt and btc but ok its some times usefull.
i started investemnts also in al coins some time small problems amounts

Why would you buy it @ 0.025 ???  :o
Coin with 98% premine? Are you serious?

I never involved with them! They like ponzi scheme!

It is very risky as I know they are shitty! I would rather go to the promising coins, which will secure my return.

Have a "New Dev" is not always a bad thing. At least it is a bit better than "No Dev".  :D

I did, but mostly mined and sold. Sometimes went on little plus, sometimes on little minus.. basically it was only a waste of time.

because i trust hes promise 1XPY=20$ , before that i buy only 20XPY from 0.03 sell on 0.05

I traded the type of pump and dump coins! Once the price reaches to target, I will sell them as soon as possible! Never hold them too long!

I won't laugh at all.  You'd really be surprised how many people trade without metrics of their own.  I have no idea how they can ever make a substantial profit without math.

Well, trading shitcoins make only sense when it is on the bottom, at one sats or something like that. Then you have good chance to get into a pump or a positive development one day and make multiple times gain on your investment.

Most people don't make a profit at all (despite what they may claim), and they certainly don't make a substantial profit.