Do you trade shitcoins?

[Sled]

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.

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.

[ekans45]

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'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.

[Dmitry.Vastov]

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.

[xianbits]

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).

[Sled]

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.

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.

[RoommateAgreement]

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).

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.

[xianbits]

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).

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.

[RealPhotoshoper]

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.

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.

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 .

[ChronoLite]

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.

[bravehearth0319]

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.

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

[iv4n]

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.

[PokerFace3]

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?

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.

[lienfaye]

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.

[noictib]

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.

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 .

[bitcoinisbest]

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.

[Anonylz]

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

[fujyo86]

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.

[FLoving]

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 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.

[giveen]

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.

[Shiroslullaby]

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