What Will You Do If You Are Trap On A SHIT Coin ? Or Low Volume Coin

[Soranith]

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.

[Kr-sama]

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.

[bncbnc]

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.

Some time people make a mistake, i think it is too much important to have good study before investing money in any altcoin.

[cryptocrusher]

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.

[Nasty23]

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.

Some time people make a mistake, i think it is too much important to have good study before investing money in any altcoin.

Yes it is important to have a good study before investing because you are aware if this coin can be a good one or a bad one that can cause losses to your capital. In shitcoins we should cut our losses and try to find a coin that have a big possibility to pump so that you are able to get on what you are loss and change it to gaining but sometimes shitcoins can be profitable if we find a good point to enter on which can provide us a big profit and not holding it for a longtime.

[btcone111]

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

[Wonder_woman]

This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?

It is very difficult to trap at shit coins, some has regrets and cry but it is all done.
So If you have the case like that better say good bye and better luck next time.

[Dontme]

This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?

It is very difficult to trap at shit coins, some has regrets and cry but it is all done.
So If you have the case like that better say good bye and better luck next time.

Haha that's true guys. We have all experience that in trading world being trap by those shit is so painful for me. After I trusted that coin they turn me so disappointed. So, I learned something now that if that case happen again atleast I have some coins that are more valuable than that to be trust again. Trading is about losing and winning.

[wdnj]

This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?

hold it even the price is still low because the chance of any coins are big also to become high in the future.If i experience like that i will hold until its getting high or my coins will lose i will accept that because if you sell that in low price you already already in that but if you hold it until the price going up there's a chance of profit even its risky atleast you try

If you ever get into such kind of situation when you find yourself falling in such kind of trap, then the only thing which can help you in getting out of this trap is to sell your coins and that too as early as possible. Holding of such kind of coins will not give you anything fruitful except this that you will be having more loss in the future. So it is better to sell those coins and invest in some good coin like that of bitcoin.

Everyone has his own way of looking up at the things but the fact is all the coins which are there in the world of crypto currency are highly volatile in nature. Moreover, patience is the only thing which can save us from being doomed. So I think it is better to wait for some period of time. It is because of the reason that we never know about the market price in the coming moment. Hold your coins and remain patient.

[dameh2100]

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.

[kamudd]

This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?

the only thing I do when I'm trapped in a low-volume shit coin or coin is to just hold it for a long time and wait for a few small pumps to sell it gradually.

[el kaka22]

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.

If you know a coin can be pumped anytime and you will not always be around, there is what they call selling order which you can set down for a reasonable profit and will auto sell itself once there is someone willing to buy at that price. You do not have to stay behind the monitor every time before you sell, otherwise you will always end up missing those precious moments. Also, don't be too greedy looking for the best value, set something reasonable that can never miss.

[Ausgewielt]

This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?

You should advertise that coin, nobody will know about that coin if there is no advertisement, its so hard dude. Try another way

[FameBroker]

Just sell it, it might fall even further.

[pinkliar]

This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?

hold it even the price is still low because the chance of any coins are big also to become high in the future.If i experience like that i will hold until its getting high or my coins will lose i will accept that because if you sell that in low price you already already in that but if you hold it until the price going up there's a chance of profit even its risky atleast you try

If you ever get into such kind of situation when you find yourself falling in such kind of trap, then the only thing which can help you in getting out of this trap is to sell your coins and that too as early as possible. Holding of such kind of coins will not give you anything fruitful except this that you will be having more loss in the future. So it is better to sell those coins and invest in some good coin like that of bitcoin.

Everyone has his own way of looking up at the things but the fact is all the coins which are there in the world of crypto currency are highly volatile in nature. Moreover, patience is the only thing which can save us from being doomed. So I think it is better to wait for some period of time. It is because of the reason that we never know about the market price in the coming moment. Hold your coins and remain patient.

yes exactly being patient is a good attitude of a trader i have some experience that the coins goes dump and turning to like shit coin but and some are loose hope then suddenly after a week a month this coin started to rise again then now it is on a good condition so patience sometimes is a must.

[ricardobs]

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.

[sana54210]

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 best thing for every investor to do is to watch the kind of coin they hold or the project behind each coin.
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.

[erikalui]

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.