Bitcoin Forum

Hi. I was just wondering what you guys' opinion is about the large volume of shitcoins, and if there is profit to be made in these coins. For example Lepen, Macron, TRUMP, Putin, and 85% of the other coins listed on YoBit.

Do you trade in them? If yes, what kind of volume? Is it worth it?

Would highly appreciate your opinions.

It is good to know that the volume of that shitcoin is high but it doesn't mean that you buy that shitcoin. Shitcoin is a fast pumping and a fast dumping so don't buy shitcoin if its already pumped caused it will only make you to lose. Honestly, I am buying also a shitcoin but I buy only if it is already dumped too much cause I know it pump like a skyrocket. Its up to you if you apply this information.

No I don't trade shitcoin because I don't believe that coin can make profit, I ever once believe in that coin and make me lost money,you need to be super lucky with shitcoin to be able to make profit, I only trade alt coin that already reputable and that alt coin give me a lot of profit

Engaging or trading/buying on shitcoin cant be avoided since we do always believe sometimes on its potential that it would pump in the long run but in just a commonsense trading with it is just a useless thing to do because no matter how long you would wait it wont pump again depends on a certain coin and we cant say because there are some coin we thought its already dead but it pumps in a matter of time.

Some people believe that trading is gambling. Actually its different. Trading involves analysis and research.. But if you trade your bitcoin to shitcoin then you are not trading anymore but doing a gambling.

That's actually pretty true. You're depending on 1/2 (a selective group of whales) big players, which may or may not pump the coin, or dump the coin.


Not sure. I think you can make a lot of money with these shitcoins if you're the early investor. Other then that, yeah, you're probably going to lose money.




Would you consider the LEPEN/MCRN coins on Yobit fast pump&dump coins?

If we look at TRUMP, that coin still holds its value, far after the election..

I made some money the last time lepen was pumped. I bought it very cheap so when they pumped it I easily made x10 my initial investment. So yes, I trade those shit coins but I am also aware that I am throwing away money if they do not get pumped at all.

i don't trade too much in yobit because in my opinion, yobit has too many list of coins that i should choose but it doesn't mean that i don't have some coins in yobit. sometimes i only check if my coins has sold or not and i only see what coins that gets pump already so i can make decision to buy the coins or not.

Why do you want to trade shitcoin if in another place already there good altcoins for you? I never trade shit coin like them.
It will never worth, Have you ever seen Edinar coin, Does it looks good for you? i can say they're all full of shit.
Too many investors or traders got scammed by them(shit coin)

Just try to look at his chart history and you will see a real evidence.

Well maybe because there is a good chance to make some nice profit on the shortterm, I know people who x5'd on the lepen/mcrn coin already. Now ofcourse i'm already too late to invest in those, but there might be some other ones in the future. 

I'm currently finding out if the risk is worth the reward, since the % of losing if you're not an early investor is ofcourse huge, as you said.


I will look into that Edinar coin, I can't find it on CoinmarketCap.. Do you have a  link?

I do trade some shitcoins made me good profit on it... Just be very careful cause shitcoins are P&D, just bid as low as possible... Yobit i think is the best way to trade shitcoins... another is ccex..lol... but i do not recommend it as they are very risky...

Last year I did, briefly.   And then I realized the market for the smaller turds is really thin and insanely volatile.   There's no way I could keep doing it and keep both my sanity and my money.  So I quit.

Yobit is the fetid graveyard of rotted, zombified shitcoins.  Anything that doesn't call itself "bitcoin" doesn't deserve to be traded.  Somebody need to provide a kill shot to the head on those bitches.

No, I don't as it is worthless without knowing whether it is going up or fall forever, so risky and waste money.
I prefer to buy some famous coins such as monero, ethereum or litecoin (recent increase is so good) which has been around for years or a trusted one (good developers team) that has launched an ico, it will produce more money to trade it obviously.

That is  common sense only, if you are a good and smart one traders why would invest if you know it is a shitcoins. You are just only wasting your capital into that shitcoins if ever it happen only. It is still much good to invest to a coins which you know you are sure that coins will increase someday.

Honestly i cant easily know if its shitcoin or not but sometimes those shitcoin are increasing value fast but sooner will die..
But never trust them again because i have many stuck of altcoin those are stuck i think for ever because no one can buy it unless if the price will increase again back that we can sell it just to gain back our capital..
Most of the best  to choose altcoin to hold for a long time are altcoin from top 20 rankings.

I did and thank God it went well after that risk.
This things just takes a little time before getting out and  killing the coin all of a sudden.
If you want to profit from this kinds you would need a lot of time to monitor it just for 24 hours.
Look for the right time to buy and make sure there will be profit. Even for a hike of 5 satoshis it should be enough

What's the deal with putting up sell orders at a number where you will make X amount% of profit?
It seems like people are really disgusted if you put up these walls, because it is going to stop the pump,
but i don't have time to monitor it 24h.

Isn't there an app which monitors  coin prices, and could alarm you if the coin goes past a certain price? Like an alarm clock?

I've tried to trade shitcoin, but the price movement really depend on pump and dump that you'll never know when will happen. Yobit is the home of shitcoin if you wanna try your luck but i don't recommend it, if you want to try, never bought a recently pumped coin. And if you want to gain money from pump and dump in the first place, you can check fair pump, try to watch their pump activity and join the next week if you believe you can gain any profit from there.

If I find some incentives on these alts then why not? Besides, it's also free money if a coin is good and not only that, you will have some bit of experience in trading that might help you further your gains in bitcoin trading as well. These alts are made for the sole purpose of getting more btc; rinse and repeat.

That is an interesting thread, it has attracted my by funny topic :D
We already have some interesting histories here, and I really hope that we will see more people posting here with their insights.

Actually, I do trading with some shitcoins, but just from time to time.
Currently im in at inflation coin, vsync and GPU coin. But obviously I just do this for fun, I dont expect any earnings from it because in most of cases such a coin is going to die.
It is still a nice entertainment for me because i do it quite rarely. I always have thought that trading any altcoins is pretty risky, even with the trusted one like ETH or XMR.

Hahaha no I'd never touch them because I'd have to assume once they're worth a bigger fraction of a cent the devs would dump like crazy and start a new shitcoin. They are worthless even if something says they have a market cap. Never forget that.

Well, to be honest, Yes, I do. Reason: Shitcoins are made to pump and dump = profit, and a lot of it. Smart traders would find a lot of short-term highly profits out of them, seeking the right coin at the right time. I know this is way, way harder said than done – giving that there are 20:1 shitcoins to good coins rate on YoBit.

Shitcoins are totally worth it – they could pump up to 3000%, which is a ridiculous number (that you will only see on YoBit), but should expect losses as well. You don't have to invest in shitcoins, if you are afraid of the risk, instead, you can jump on board. If you can catch the pumping process at its beginning, you could make hell of a nice profit out of a shitcoin. But it requires timing, foresight, and greed-control.

Shitcoins that are based on politics are the easiest to be manipulated by news (which according to, coins would dump and pump). It surely looks like gambling when choosing one coin over the other, especially presidential coins like TRUMP, MCRN, LEPEN, but at the end it's worth investing.

Trading volume is dependent on how strong I feel about that coin. If it's good enough to make a profit, I would invest around 0.01-0.05BTC in it, if it's going to pump but not good enough, I would invest around 0.001-.005BTC only. Of course, this is also dependent on how many bitcoins you have as a capital.

Most of the coins on yobit are dying. I am just holding 5-6 altcoins on yobit and the market is too small to even trade and earn any profit. On top of that, most of their wallets also don't work and yobit has recently stopped being considered as a trustworthy trading site. Altcoins on bittrex and liqui have a bigger market size and active traders. Altcoins like DASH, ETH, TRST, RLC and XMR are doing extremely well.

Those are just normal alts that everyone has heard of. Not the definition of a shitcoin. Shitcoins have a very small market cap and basically only the dev owns the coins. They'll never go anywhere because they are just clones from bitcoins or another coin and they have terrible names that will obviously never catch on.

First time I hear that exist a TRUMP and PUTIN coin. No I never trade shitcoins, but I do trade altcoins especially those that can be mined with your CPU like Bytecoin and Monero. Core i5 4570 is making me about 50.000 Bytecoin in a month and I do trade them for bitcoin at Poloniex exchange. These are not shitcoins though but highly maintained altcoins and with a good daily volume in trading.

It is more profitable to save them instead of trading. So no.

I'm new to trading and it's not helping when I hear something called shitcoins lol. Can someone help me please.

I've tried once and no luck  :'(, I think I will not do it anymore because the risk is too high,
better trade altcoin like ETH, XMR, DASH etc. ;D

I do trade shitcoins, it is where high profit came from but it is accompanied by higher risk.  I often look at yobit exchange since most of shitcoins are listed there.  I got profit from trading shitcoins like YES, CJ, Trump and other ICO coins that runs in yobit.  Unexpected pump also happen on that exchange so if we are lucky enough we can see our holding being pumped without any reason.

Honestly, it is very unusual for me to trade in yobit but I tried trading Lepen and TRUMP in cryptopia before. I had small investment in Lepen and earned a little from it, then stopped. TRUMP made me lose almost 3/4 of my investment because of fast and big dump from 50k to 6k satoshis each. I decided to sell it and just invest in other coin to get back my losses. Thankful that I got it back.

My experience explained it all.

Here it's same like that we participating into some gambling events, specifically same as that we play dice. However we make strategies finally depending upon the luck we'll win or lose. So with shitcoins some are lucky to gain good profit and the rest loses.

Of course not. Shitcoins are not worth it to trade because exchanger and its developer are only takes it as advantage. Also, they are faking their volume quantity so that many traders could fall in their trap. Thus, only trade which are good and common in traders to avoid money loss.

Yes i trade them because they are also profitable if you know how to do timing in buying shit coins, there's a lot of shit coins out there and some of them are in yobit so i trade the coins there and i buy some of the cheap or died altcoin and i  wait it for the price to go up and then i sell it have a 10x profit and is why i trade shit coins because they are always pumping crazy.

No, i'm not trade coin like that, sometimes when I do trade in a potential coin can make me unpatience when wait for the price rise moreover with a coin like that, it will greatly make me panic when saw the price drops very drastically, trade in shitcoin is very high risk and Will make our mentality down when looking at price goes down.

It is really difficult to trust those coins in Yobit as they have a ton of shit coins and you could see a rally in those coins mentioned once in a while and Yobit is not a trading platform according to me as they will accept any coin if you are paying the right fees and i do hold some coins in Yobit which has not moved over a year and that was a mistake from my part and i would not dare to enter those coins again.

No, never heard of it because I'm just a newbie. What I know is good that I saw was Xem is a good one to invest in, So I will keep on buying it then hold it in long term. :D

Trading with shitcoins isn't worth it at all. It's prettt rare i actually trade with anyone of these shitcoins because normally i only see sell orders or if buy orders are there it is too less. The only thing i remember is once i had a got some coin called viscore who's value was 0.1 btc but no buyers were there.

You can earn profit from the shitcoins but it's by chance because other whales or groups of big investors is pumping any shitcoins but is just a day trade you just need to ride the pumping of coins at the small time, Many newbies becomes victim of fake pumping of coins because they didn't research about the potential of that coin.
I've becomed a victim of shitcoins when i was in yobit when im newbie and i lose so much money because of that but i learned a lesson after that now i have a good income everyday because of trading.

Shitcoins are basically coins with no active development behind them, but are instead, copies from other coins, and scripts, Litecoin for example.

They are made to be pumped and dumped, which means that ((whales)) - big players with alot of $$$$, will give the coin artificial value, then lure in new people, and dump the coins on them.

If you are at the right place at the right moment, there's alot of money to be made, on the other side, there is also alot of money to be lost, since the coin is extremely unstable.

That's why people are so negative about it, the price could dump very low every minute, if big players decide to jump out. Which is something you won't see with actual developed coins, (POSW) (ETH)

Yes I tried sometimes buying shitcoins like the price each 1 satoshi. Because if the shitcoin pump  10 X or more I will earn a lot of money and they have possible to increase even the coin are dead but you need to take a risk because they have possibke that your bitcoin loss because dead coin will removed to the exchanges site if the coin not pump until the removing date.  So try to make a research before buying shitcoins .

I'm not trading with shitcoins since it's too risky to do since it might be manipulated by its developer and he can dump it continously. In choosing what coin to trade, I always consider its buy order volum and sell order volume and doesn't just rely only in one exchanger in order to see if it's worth to trade.

Well its quite a gamble to invest and trade in shitcoins, you may loose all your money at once or worse the shitcoin may die sooner than expected. Either way you will loose your investment. Investing in shitcoin is like getting profit in Hyips, you never know when it may scam you.

Yes, i had (at least 1 coin). I bought DIEM coin in poloniex for 4 satoshis each and i have already collected around 1 million DIEM coins for some months. I thought this coin will be rises because they are listed on popular exchange site, the highest peak this coin ever reached was @11 satoshis and i still hold it because it think it could rises more. But unfortunately for me, poloniex decided to delist this coin because of low volume and i was planning to sell it @1 satoshi, but what's next? No one buy this coin until it got delisted by poloniex and i lost my investment.

It's probably only profitable if you are on the right side of pumping. For any serious trading strategy there is simply not enough legit volume.

No i dont , it will have a high risk to lose your money and that volumes are only created by a hype. Much better if you will invest in long term coins.

I get such coins for free from yobit and don't even trade them as the price of 1000 coins is less than 1 cent like PWR, PAC, THOM and so on. These coins don't even have any market and I don't get why Yobit have them still listed.

In the beginning of my crypto trading, i don't know how to choose good coins and keep on losing the money on dumps and pumps. After many experiences, i cam to know how to find the good one and I am making little profits with the coin I have chosen.

nope, I don't want to encourage dodgy opportunistic behaviour on the cryptocoin scene. I only support and trade in genuinely innovative assets.

Yes but i tried for once only and not recommend to anyone to trade shit because its risky and you can lose all your capital within a day, There are some traders are really earning wiht those shitcoins maybe they are just lucky.

I stay away from coins that aren't worth much. They are like penny stocks. Most of the time they are just going to be worthless. You could get lucky with one, but you'll lose money on the others.

The thing you are talking about is only true in the enviroment of the really bad coin with a low BTC volume, plus with assumption that the trader has a vast quantity of cash.
If you are willing to trade or just buy-in some cheap altcoins, you dont really need a lot of money to have some opportunity.

But all that is just a gambling if you are not educated enough about cryptocurrencies.
You need to have an ability to  find out which altcoins have potential, and which are mostly going to get dumped or just not really welcomed well.
Without such a skill, you are mostly going to lose the money on this type of activities.

Yeah I know. Both Gambling and Trading have risk, consider your money gone when you used it in either. Advantage of trading is that you have many options (coins), you can pull out your money and try on the others just like what I did. Agree that shitcoins can give good profit, I think just need to be perfect timing of buying or else you'll lose.

It is a good lesson to share because i recently purchased a coin for arbitrary trading in hopes of making some quick buck and what happened is that Poloniex is de listing the coin tomorrow and i am stuck with $500 worth of coins ,now i am not able to withdraw it nor do they answer to the support query .Shit does happen in the crypto world. :D

I alocate a very small amount to shitcoins trading/gambling. To be quite honest i don´t always do research. just look at the market, the volume, how the coin is doing for the past few hours to days and daytrade .
Usually get some profit. Sometimes keep the bags and just let an open order there. a few days later i wake up in the morning and the profit is done.
this gambling has given me profit so far, but even so i do it with very small amounts so i dont end up crying over the bags:)

Yes but those coins are not even listed in any exchanges you can only trade by person to person. There are some people willing to pay for those shitcoins maybe they have also a buyer so they buy me bulk.

Thats good i know some also ,its just created people to.people with a big price value ,well in some coubtries they exchange it in a real products or things equivalent to the coin price value.

Good for you that you took the risk in investing or trading those coins because i also do that but for also a small capital because for me, the small capital is enough for shitcoins to trade because most of the are very cheap and after a few days or hours it will go up like crazy example is gaining 100% gains in just one day and that is a huge profit for me so that is why i still trade shitcoins because it is profitable but we need to be careful and just try will small capital.

No I don't trade them, because most of them are more in Pump and Dump. but still they are all exist in the exchange in yobit,
only things was their price value is almost dropped.

In my view trading such unpopular coins too is an way of examining our luck. If we're lucky we may profit good and else we just get a mere profit or end up in loss. Pump and dump can be felt often but the same won't get us a big profit. Also there are lucky people who have profited from such coins.

What kind of question is that we know that this coin will not make a profit because it's fast pump and dump and they will make you lose if you try your luck on them so don't push your luck there. And there's only one exchange I know that there are plenty of this kind of coins and its only on yobit exchange.

Yobit lists alot of clones from other coins if i am not mistaken? Lepen, macron, putin, MLNC, TRUMP?

Or are you excluding yobit from your exchange list?


Also, do these coins have working wallets? Could you link me the wallet/blockchain of lepen?

Yes I agreed, it is not good to invest on shitcoin.  It wouldn't help us at all, it is most likely Pump and dump only.
and most of them don't have any active behind the coins, very risky and dangerous too also.

Most shitcoins will gave you money if you are lucky to bought a coin without knowing it will pump in x10-20 of its price but most of the times it will only let your money lose. Better to find a coin that is active and will worth every trade you were made.

Yes shitcoins are like gambling because there is a high risk of getting loss but also high chance of getting a lot of profit. Most of the times, shit coins are very cheap and almost doesn't have any trading volume but if a whale manipulate it then it will pump like crazy and that is how you will make money by joining the hype and getting at least 2x profit.

Shitcoins can be profitable if you can determine that a coin is ripe for some pumping actions and dump before the other dumpers can be able to dump theirs. I look at those coins more as a big jokes and in investing withe them can be a big gamble as generally many of them do not have any embedded value at all. Just like in cards, these are just jokers but if you can play your cards right these jokers can also make you smile from ear to ear or make you frown the whole day.

If only you bought at cheap price then they pump it but in so many shitcoins now you are like picking the 1% of 100 shitcoins that will be pump by hype if not you will just a stake holder of a coins .there are also shitcoins that are good when it was first 1-3 weeks then slowly or fast it will dump to the bottom.

I agree that buying couple hundreds dollar worth of new altcoin and storing it waiting that maybe it will take off is normally a good idea.

Yobit is a bad exchange and most coins you will find there are not worth a damn. Trading, buying or supporting idiotic coins like Putin or Trump coin should be punishable by law.
If you buy useless coins you will actually support this idiocy and made creator of this coins to release another horror in the future, just to grab fast buck out of it.

No, i don't trade shitcoins because they are dangerous although they have large volume transaction on exchangers because it will not be survive for long time, moshtly traders looking for the altcoins that has large of capitalization
on https://coinmarketcap.com the big ten of altcoins will not become shitcoins and in my opinions they will be safe
for long term investments.

Not only that, People use Yobit troll box to dump and pump coins,, so guys don't believe on any person. of course don't believe me also , people should use their own mind. Use any exchange and trade any coin, but use your mind.

I used to trade in it a few times but honestly speaking it never helped. I don’t know why it happened to me all the time either I was not a good manager of the time or could not pick the real potential stuff ?

Anyway I have traded in the shitcoin and have lost my money several times but the large amount I lost was because of the sudden dumps.

One who is going to trade is ultimately going to take risk. But the thing is to be careful and just choosy with what you are going to pick. You are quite lucky to make money with the shitcoins. Many of the mates are not that lucky. We must go through a learning process before trading.

When I was still a newbie trader I consider myself as one of those people that trade those coin. Because I thought that the more I've got, it will be a profitable trading. But as I keep on reading helpful trading guides I realized that I need to avoid those coins but I can say that I earned a little bit there but right now I'm avoiding them.

I think you can not make any profit if its shitcoin that actually they are only good in ICO or still not release in the market that i think after launch the price will gradually or big crash happen after launch or release in to the market places.
It will only profitable f you are affiliate with that you can get it coins from them for free..
I experience many altcoins before those hit sometimes they will end at 1 satoshi each that you can never sell it to someone..

You can still make profit in shit coins even it is already launched in the market and its already dumped to its lowest price because in the different markets we have big players called whales where they randomly choose a shit coin or dumped coins and they make it alive or manipulate it by buying a lot of them and making a big volume to attract other traders and if we join them in an early phase then we could possibly make a lot of profit in shit coins.

Yes, I do. I just invest a small amount. Maybe an average of 10 - 50k satoshi. I know it's a scamcoin but profit is profit. But I don't trade it always, I just trade those coins when I have dust balance left. So guys be careful not to put too much of your investment on these coins or better not invest at all.

Yes right now you really can't make some but from the past when I was still newbie I experienced to earned some of it but it's not that high. It's lower than 0.005 BTC. ICO's are really one way for those type of coins to earn but after that, we really can't tell if that coin will still have enough to keep on being alive.

10-50K and then make profit? Isn't all of that profit not going to fees? That's a really small amount  8).


You need to know when to sell, and when to buy. I guess if you're on the coin early on, there is no real reason to avoid them, if we take a look at PUTIN for example, if you bought for 1-4 satoshis, you would have 50-200x your investment back.

Nope i do not trade shitcoins. But as per i know, shitcoins is an altcoin that becomes worthless day by day and also it turns out to be a scam operation. If you ask me, then i would suggest you not to trade with shitcoins. Because, it has a great risk to trade with this coin. Altcoins are the best to choose as trading.

If you check this link, you can see that there is no place for shitcoins. There are another coin with which you can go with long term investments.
https://coinmarketcap.com/

So, if you want to trade, do not trade shitcoins.

I'm focusing right now to those alt coins that are listed high at the coinmarketcap, I think misused the word "avoid" maybe it should be ignored. But well, whatever it is I can comeback to them anytime soon as those coins are just there but I just missed the chance on buying them when they was still has the cheap price.

Yeaaa trade shitcoins is such as joining a MLM or ponzi scheme.
You might get profit if you do it in early days but it is never end with a good story .
Just think with that mindset and you will always try to avoid deal with shitcoins at all.

Shit coins are just for traders who wants fast profit because shit coins are fast pump and dump scheme coin which is profitable for the traders who knows how an altcoin moves. Trading or buying shit coins is very risky but there is a saying that, higher the risk = higher the reward so i think it is worth to risk and trade shit coins but always be careful.

It's not worth it to trade with shitcoins since no other traders could get advantage on that but its exchanger and its develeoper itself. As much as possible, a trader must avoid shitcoins to avoid money loss.

I dont buy these coins. Those are trash coins. If you want quality crypto. Go to Poloniex. Atleast you have higher chance to get profit.
Yobit is very crowded with shitcoins. Most of them are just pump and dump coins. So if really want to buy these coins. Dont put huge amount.

I guess you have to be lucky enough when you trade with these coins so you won't lose a great amount of money. As a sideline, I trade the-so-called shit coins and proud to say I get profit out of it (though not that much). You just have to study these coins first so you'll have a higher chance to gain than to lose. Well I only invest on cheap coins. It is said that cheap coins are prone to go up than go down (since it's already at the bottom).

Yes poloniex is one of the best site with good reputation because they maintained their site to have a good coins and most of their coins is active and legit so if you want to go for slow process of earning money then you can go to poloniex and start earning money by trading legit coins. Shit coins is just for fast profit but it is very risky and it is still depend to the trader on what he wants.

the day you start thinking you need luck to make money while trading is the day you lose your money.
instead of being a gambler in trading try to learn what trading is, to learn how the market works and how the risks are.
and i have to inform you that there is nothing saying a cheap coin has to go up. a cheap coin is cheap for a reason, it is useless! and the only way to go is down and eventually end up in the graveyard.

as i said, learn trading not look for shitcoin/goodcoin kind of deal that doesn't work.

What I mean with the "luck" here is the trading-with-shit-coins. As I've said, I am trading shit coins as a sideline. But I am also trading other coins I don't consider as shit coins. For me, I really have to be lucky enough to choose which shit coin I will invest. Fortunately, I gained profit out of these shit coins. So, I consider myself lucky enough.

About the cheap coin issue, what I am trying to say here is that when the price is cheap, there is a greater chance for it to go up than to go down. When you are at the bottom already, there's no way for you to move but to move up. Otherwise, when you are at the top already, there will be a greater chance that you will go down soon. I hope you get my point. Again, I trade shitcoins as a sideline. It's really up to you if you'll take it or not.

Lol you seems make people misleading about the priciple of higher risk higher return.
It is in different story when you take a high risk on something that nearly confirmed gone scam.
To trade the shitcoin for example , however it is up to you just never recommended to do that .

Sometime and keep stay update with the news about pump bot and something cus shitcoins usually using pump bot to bait the traders and earn money from it also you can take a part with them and sell it on the right time. It's really high risk and not recommended for someone.

Doing trade shitcoins it is not worth it, Those shitty coins will only eat our capital in the exchange platform.
Much better to choose coins that are listed at the top 20 list at the coinmarket.com :D

I traded with trump long time ago, and I remember I earned on that coin, that was on yobit while I traded there. Now I don`t visit them much and I`m trying to increase amount of ltc, etc, and some other coins that I think that have future. Fact is that some of this shit coins are here for a long time now, and someone is earning on them good probably.

Time management is a real problem for most of the people. It is not a bad idea if someone is investing into the others as all here are for the sake to earn and make money so, I think there is no shame in it. But to be wise with what you are investing in. The second part if there is an app to monitor I will be pleased to know about it as well.

I only trade with coins that has potential and can give me sure earnings so i dont trade with these kind of coins. but i once experience this when my friend lend me some of her shitcoin for free, as predicted i dont gain anything from it. its better to be careful and invest with what other traders think that is profitable than risk your money with coins that has no assurance at all.

No doubt that it is hard to make money in the shitcoins it is because the trade Volume in that altcoins are not high , so we need to wait for long times .
But still I an using my skill to make small earning through those altcoins .
I made buy these dead altcoins each in small small amount ( about 0.001btc in each altcoin ) and then place it to sell at double rate and probably 70-80% of the altcoins goes sell in months .
Hope you will use this idea like me .
Second thing if you are using Investment in the dead coin that are in the yobit , then you don't need to worry Because usually I never heard that yobit delist any coin .

Well as OP already mentioned that coins like alt coins where majority comes and goes overnight, either their value goes to 0 or dropped out from major exchanges leave the investors in lure as they lose their hard earned money. So be cautious in investing in such coins. They may not be worth your investment.

I trade AMSTERDAMCOIN AMS on yobit exchange, doing quite well lately. bitcointalk.org/index.php?topic=1152947.

Sometimes I do shitcoin trading, but this really requires valid information for trading in it. Because shitcoin can very easily dart up and become 1satoshi in a matter of less than 1 week.

I also now not use any shitcoin for to trade in my starting time I was on yobit and when people claim that a particular coin is rising then I invest in that and then nothing I got now I do not believe on that chat claimers and I only invest in those coins which have a high reputation and which have a demand.

Yes i don't trade with them most of the time but i traded with a coin called tide today on yobit. It was at 285 sat or something and it had the biggest dump and the price came till 1 sat. I bought how much ever i could with 0.2 btc at 1 sat and sold all for 2 sat and some at 3 sat making a profit of 0.5 btc. The price is till 2 sat if you want you can try it now on yobit.

Yes. Its not like other get-rich-quick schemes.
I'm sure to get rich with this scheme. And quick!

This is most of the trader just away from the new altcoins in the market. If anyone wish to participate in trading altcoins, only eth will only gives decent profit. Other than that none of the altcoin trading will not work. Please do start your trading investment and trading in mostly on bitcoin only, because recently price jumped up and touched the new peak and it will grow higher.

The altcoins are more risky than the BTC. People loving the risk dealing any is happy with that but I personally am not satisfied with them as I’ve experimented investing in many before but the problem that you will barely see them again. It is not easy to make a decision to pick that alt for investment.

I have never tried my luck with any of these shitcoins, but looking at the massive spikes achieved by some of them, I am getting really tempted. I would have purchased Ether, but it is heavily overpriced now.

go with a hundred dollars on each shitcoin, im sure each will present a positive return somewhere along the timeline

Most are created for the sole purpose of getting the devs some more btc in their pockets and repeat the same cycle again. I became a part of a pump and dump team once and I thought I was making good progress until that same group scammed its members and vanished. I personally would invest in coins that have some good road maps and a transparent dev team which you can talk about the progress of the coin and asks suggestions from its community.

I never trade shitcoin, it is very risky and I will not take that risk. I only trade in coins that really have good development and can be profitable. I'd better trade a coin that can definitely make a profit, I prefer the safe way. My friend once traded shitcoin in sizable quantity but he suffered a loss and he said it's useless to expect the profit from shitcoin, that's also what makes me afraid to trade it.

its very good for you that you never try with it , i invest many time my bitcoin in shitcoins and always i lost my money and never recover that my balance i waste my money in like that coins now i never invest on shitcoins.

Investing Shit coins is not a good idea to invest in, it wouldn't help us at all. Actually, they are more on hyped only for them to get
investors to buy their coins and it is more on pump and dump only nothing else.

Shitcoin has more risk because the price can change drastically at any time, you can manipulate the price using only 0.1 btc on average has only a small volume and at worst shitcoin suddenly removed by the exchanger.

no, i dont want to waste my time just for shitcoin because i think not worth it and not profitable.

if u want make profit with shitcoin you must trade in early, but i dont reccomended because its very risk

I don't think many people invest in coins with the idea to help "us", and yes, these pump&dumps are the only reason for buying them. Tsk, You're only trading BTC/USD? The only thing you can currently do is either hodl, or buy more? I don't see that many fluctuations. Some people are dumping, but the price is still steadily raising, right?

Yup, i think it was the trump/putin coins that really broke through and are still holding their values.

MACRON/LEPEN coins on yobit are absolutely worthless, and they were extremely overhyped. Learned a good lesson there. :/         

You have a point, but if you buy the coins in very small quantities and you keep them for some time, they could one day increase a lot in price. Lots of coins that are now 0.5-1$ were dirt cheap in the first months / years. I am doing this right now with a couple of coins, but I don't invest more that 10-20$ per coin, so I don't lose much in case the coin dies :) I also trade some good coins, but I invest more money in those ;D

Yes I'm doing it and I'm loving it, and it's more fun when there's a lot of shills in the chatbox.

Good luck trading with shit coins as the risk involved are really high.Getting trolled in chat box is not that fun for everyone and remember you are always risking with your money when you are dealing with low volume coins because you could be the bag holder in the end.

People who are proud of shitcoin are usually people who are looking for luck.
But trading is a job that gives priority to skill, shitcoin is not an answer for profit.

You are right, as what they said that not everything that knocks on our door is an opportunity, that is why we have to be wise in making decisions.
They call it shitcoins as the word itself it means it is junk and useless, so let us just be careful in the coins that we are trading. But how you would know that it is a shitcoins? It is our strategy to discover.

Yes, I used to trade in the similar altcoins mentioned above, and sometimes I got 10X returns on the capital as these altcoins are highly volatile and thus there is a huge level of risk associated with it. I admit that I have lost many times and trading in such coins is as risky as putting money in gambling hence I never traded more than 5% of my trading corpus.

I don't trade shit coins because they are just useless cryptocurrencies in the market and they are created because of the scam and we should stay away from those coins because they will just steal our money or give us a loss in trading so i think it is better to just trade for the reputable coins rather than shit coins.

Shitcoins are no good at all in this industry actually, we all knew that, right? most of the shit was a ponzi scheme, but you will astonish why still shitcoins stand in the market, maybe because the greed people who are here in this community too I think.

yeah shit coins are useless coins and their coin has no aim and they just trying to get money from people and trying to scam people so need reject all the shit coin and never invest our money in like these coins and we need to focus on secure and stronger currency then we can get profit. 

No one wants to trade in shit coins but how will one come to know it is a legal or shit coin. Only the very experienced traders can see what is real and whats a Ponzi in trade. Its not everyone's eye which can distinguish between real and fraud.

Sometimes I trade a shitcoins which a very risks thing to do with. Shitcoins maybe profitable if you know how to play your day trading. But, much better if get rid of this shitcoins altcoin because you may loss some bitcoin.

I've spent some money on shitcoins a couple of years ago, but I quickly learned that it's just going to end in losses.
Now I only invest in established coins and very rarely in new coins that have interesting ideas or functionality.

I try to only trade to old well know coins that are reliable. I must say I've invested 0.001BTC into ripple, I don't know if ripple classifies as a shitcoin. But I don't trust it 100% and I only wanted to gain some percentage off it.

That's why it called as shitcoin , as sooner or later the coin will get disappeared.
And even considered as a scam attempt behind since first day , people should be careful on placing huge amount.
Yeaaa mostly get greed when see there's a high daily volatile and they choose to get in the train, what a mistake!

I have before. It comes down to how much risk are you able to handle. An uncertain gain with a huge gamble could net you huge profits. Just got to be smart here, and lucky. Never put in more than you can afford to lose!

yeah Shit coin is really very risky i lost my money many time by shit coin then i never go for shit coin now i just trade bitcoin which profitable and easy and i feel very secure with bitcoin and bitcoin trading give good incomes.

Yes trading shit coins is like gambling because there is no assurance that you will earn by trading shit coins because the only possible way to earn money in trading shit coins is a manipulation that can be done either you, if you have huge capital then you can and also by the whales who got a lot of bitcoin that can manipulate the market.

i only do trading alt coins that are reputable and that coin alt gives me many advantages, for shitcoin i still hesitate.

Yes , something i did trade shitcoin cause maybe who know it will be come a better coin and giving you profit ?

Yes , I am doing trade with those coins which are shit coins and also I am making much profit with those shit coins Because I have my own stretagy of doing trading 8) .
Usually I bought those coins by amount 0.01 of btc and then hold for the 1-2 weeks and with small.increase in the price is sell them with 10-20 Satoshi more rate ( easily profit into big % by 10-20) .
Here my favourite coins which are not much famous but are more profitable posw , Putin , creva , xvg , blry , trump , Pak , pxi , tam , TMRW , pxL , reddcoin , regal  and many more also .
These are those coins which are listed at another exchange also and at different different exchange have different different price , so sometimes more better to have trading from exchange to exchange.

Right now, i am not trading shit coins but definitely will trade it when i learn how to trade well. I want to try some coins if i am able to do it in the future.

If you have huge capital it is good to invest in shit coin you can pump its value and get good amount of profit, but if you have few capital much better to do safe trading just buy trusted coin to make sure your capital will not loose and generate good income.
Me i do not ever invest in shit coin i do not want to risk my money in coins has no possibility to increase its value i always do trading in bitcoin/eth/fiat it can make my income faster buy just closed monitoring of its value.

You lose your money because you are not doing a right trade on the shit coin you've traded with but if you are more aware and not been so greedy for some huge coming unto it then I'm sure you will earn from trading those shit. Remember those coins are pump and dump coin so you should be there whenever time to time when you bought some of them since shitcoin tradings are so tricky and yet more profitable than stable coins.

If the shitcoins has some potential I usually buy and if pumping occurs Its the best time to dump it for profit of course theres no reason for holding shitcoins for a long time.  

True. I play a lot with shitcoins. Some of these are even dead and questionably pumping then I just joined the right and then sell it in the righ time before those who pumped it, dumped it. You just need to be wise and also be realistic. Another thing, be observant and watch it carefully since any moment the whales would dump it.

shit coins are good if you know theres a pump happening

this chat for example updates when a shit coin about to get pumped

https://discord.gg/SFgx3U

has 1000 memebers so far id advice to become a member if you looking for a quick profit in shi

your issue is not because you traded shitcoins but it is because of your bad timing.
the shitcoins also get pumped and dumped, you just have to find when and enter as fast as possible and hen exit just as fast.

for example there was this shitcoin called MoonCoin or Moon for short. it was worth less than 1 Satoshi (about 0.1-0.08 satoshi if i am not mistaken) and earlier this year it was pumped hard up to 5 satoshis and that is nearly 5000% profit with a large enough volume to make a lot of profit out of it.
i caught it mid way up and made some small profit from it because i didn't have much on the exchanges which listed it.

That's completely like gambling, I don't view shitcoins as anything that has a potential and I believe it's going to be a big risk when I buy it.
When I was new I trade shit coins but my experience tells me that I should only focus on a coin that has a good potential so that when I buy at a high price I can still hold it and wait until I can sell for a profit.

Yes ! I usually trade my shitcoins because i don't want to have many holdings of shitcoins. But when i sell it , i buy veteran coins to be trade. Veteran coins are godd in trading because you can ensure that your coins will increase it's value.