Do you sleep well investing in shitcoins?

[josebcn]

Serious question.

You can make many money with them or not, I see them like lottery.

[therealj]

No, and it's why I don't. I only play the market with coins/projects I believe in that way even if an entry point for a quick flip doesn't immediately pan out I sleep well holding until I can sell. Up nearly 500% this month and all of my investments are still long term holds.

[TeamTT]

I think it's better to spend more time and invest in solid project. I usually dump bad coins early to minimize risk and sometimes the price gets really high I really don't understand why some shitcoins are so hyped/expensive...

[Ch1bi]

When you put it that way, all coins are like the lottery. There's no guarantee that just because a coin has tech behind it that it'll do well - take Ethereum for example. A lot of people thought it was a scam in the beginning but now it's doing really well. The same could be said for the reverse.

[Poink]

Define shitcoin.  Seems like many have different definition.

I have many that I consider solid projects but because they are new, some call them shitcoin.

I believe in my choice and ability...being human I also expect mistakes.  Having accepted that fact and having a realistic expectation, I sleep well at night.  

I am still smiling even when my portfolio took a 20% dip recently...which it regained in less than 13 hours and then some.  I think it is all about attitude.

[SaoAccel]

if you see it like that then all coins have different fate. No one can guarantee that a coin can grow or die it will be always depend on the market. For me it's better to invest on project worth investing on. But still I'm holding at @Viberate its staying strong and the community is getting bigger and bigger. You can try investing now while the price are low.

[jtipt]

I think it's better to spend more time and invest in solid project. I usually dump bad coins early to minimize risk and sometimes the price gets really high I really don't understand why some shitcoins are so hyped/expensive...

Easy profit. Take TRON for example(not saying it's shit) a coin goes 100x within a week, for some reason that I'm still not sure, don't you think people are going to get hyped about it. Who won't like the idea of making your money 100 times.

[yonton]

I don't sleep but i shit well 

[Makkara]

Serious question.

You can make many money with them or not, I see them like lottery.

If you make long term investment you can sleep quite well i suppose

[skylar]

Yes you can make money with that shit but unfortunately you cant sleep well
Like I did with ethereum blue I invested and then the price increasing, and off course I sold mine
Sometimes shit token / coin can turn into solid project, who knows cause everything can happen in crypto world

[Bergiolia]

I think yes, investing shit coins is a nightmare but I think it's just a part of success. Recently, I tagged Oyster PRL as shit coin because it's almost had no value or as low as $0.005 but suddenly it pumped after a couple of months so, now from shit coin to pearl coin.

[Bergiolia]

Serious question.

You can make many money with them or not, I see them like lottery.

If you make long term investment you can sleep quite well i suppose

I invested Oyster Pearl PRL last a couple of months and I'm thinking I'm just gonna bury it and try to check every other month but when it started to pump I could even go to sleep earlier than I used to be.
What happened is that I can't sleep well if you're having good coins.

[ahoenk]

First you need to know ehat shit coin mean ? If the coin back by real developer and real project its not shit coin in my opinion. And it only need time to sky rocket. Look at dent and other coin which claimed to be shitcoin and now in the bullish mode.thousand and thousand percent in return for early investor.

[imsotiredofmoviereboots]

Serious question.

You can make many money with them or not, I see them like lottery.

Yup and now it's the time for them to shine. Cryptopia and Yobit has lot of shitcoins and they are blowing up and I did make money in some like XIOS.

[Gotomoon]

Those shticoins will also give you profit but be aware always that anytime you may lose. Dont ride if you dont know how to exit. Unless you are being wise in investing this shitcoins.

[Crypdon]

potentially you can double your coins or more, but you need to check them everyday and wait for someone else to buy in. At some point the dev will simply dump it and run, then word will get out and you will be left holding the proverbial bag

[PanGiMoon]

Serious question.

You can make many money with them or not, I see them like lottery.

To do this, it is necessary that the combination of circumstances is favorable and, of course, luck. It is very dangerous to invest in shitkoins, realizing that these coins will never be able to break a certain limit, so that only desperate people can do it.

[lero34]

Shitcoins appear almost every minute. On shitcoins there is a demand, however small. People are afraid to invest big money in large coins, in this case for them is a great way to try your luck.

[cindygirl]

I don't tend to sleep well invested in many coins, as someone who likes to day trade I'm always open to the risks of volatility and the impacts of negative news. My nights sleep tends to be broken up by a few alarms to wake up and check the market it still going the way I want it to.

[not altcoin hitler]

Those are just some kind of gamble and not at all an investment because there is no fundamental value attached to those shitcoins and everything is derived from the hype of the project nothing more than that. But high risk speculated things have good return rates so people do forget about the fact.