redsun114
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March 16, 2018, 10:39:35 AM |
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There is no volume and they are shit coins indeed, you really don't want to play with them. It is easy to make them 100% as market caps of them are very low, most people can do it.
True. The market cap and value of such coins are very low in the crypto market, so it is easy for many people In the crypto world to manipulate its price even more than 100% and lure investors and gain profit later by dumping it. People investing in shit coins for profit, their trading volume must be checked for sure, because many are fake and scam pumps created by telegram group investors. Its smart to not get involved in such scam coins and better to invest in coins that are in top 30 list on coin market cap.
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skelethon
Newbie
Offline
Activity: 168
Merit: 0
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March 16, 2018, 10:44:18 AM |
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There is no volume and they are shit coins indeed, you really don't want to play with them. It is easy to make them 100% as market caps of them are very low, most people can do it.
True. The market cap and value of such coins are very low in the crypto market, so it is easy for many people In the crypto world to manipulate its price even more than 100% and lure investors and gain profit later by dumping it. People investing in shit coins for profit, their trading volume must be checked for sure, because many are fake and scam pumps created by telegram group investors. Its smart to not get involved in such scam coins and better to invest in coins that are in top 30 list on coin market cap. Yeah they also have no real future, so, it's really just a waste of time and money.
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fullhdpixel
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March 16, 2018, 12:36:30 PM |
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Recently I noticed that mainly Shitcoins are the gainers. I found out when scrolling down the charts https://www.coinranker.net/ that these Shitcoins are making profits: -Latium 202% -Jiyocoin 85% -Hollywoodcoin 72% I should not only focus on the top 10 coins but we should also take notice of the smaller coins. In most of cases it is just numbers and pictures, you could not sell this coins for this price, because many different reasons - volume is not enough or gap between ask and bid is huge or problems with coins wallets etc. Indeed. Many of the times there is difficulty in selling those coins as they are just fake pumps most of the times. Usually if one exchange has much higher rate than the other, they the withdrawals and deposits are halted. Also many of the time there is huge difference between asking price and the bidding price, which isn’t just fair. The rise of useless coins is nothing but nearly a pump from daily traders that have telegram group of thousands of people included. They buy a particular coin in bulk and pump them until other people get interested and start pouring in money, therefore make profit in the end by selling high.
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sana54210
Legendary
Offline
Activity: 3290
Merit: 1128
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March 17, 2018, 09:02:51 AM |
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Recently I noticed that mainly Shitcoins are the gainers. I found out when scrolling down the charts https://www.coinranker.net/ that these Shitcoins are making profits: -Latium 202% -Jiyocoin 85% -Hollywoodcoin 72% I should not only focus on the top 10 coins but we should also take notice of the smaller coins. Alll coin can grown up, but Only good coin has the future Many coin Pumb and Drum in short times Only investing in good coins can prove worthy most of the time and not in scams coins with low market cap. All good coins pump and dump often, but there are some coins that only rise once because of pump from whales or some telegram group investors and if you buy that coin when it was running high, you might end up losing all your investments stuck in that particular coin which has no guarantee whether it will rise again in future or not. So it doesn’t matter how much profit you earn, it matter in what good coins you have invested it, because its not always about money , sometimes its about secure investments too.
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BitcoinBallerina
Full Member
Offline
Activity: 308
Merit: 100
Presale is live!
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March 17, 2018, 09:06:24 AM |
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These are coins with really small market caps and it wouldn't take too much money to move these coins in whatever direction the whales want to. You should stay away from these coins for a quick buck. As their value can drop to nothing in a very small time and you might end up losing your investment completely.
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hikky22
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March 17, 2018, 09:06:30 AM |
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Recently I noticed that mainly Shitcoins are the gainers. I found out when scrolling down the charts https://www.coinranker.net/ that these Shitcoins are making profits: -Latium 202% -Jiyocoin 85% -Hollywoodcoin 72% I should not only focus on the top 10 coins but we should also take notice of the smaller coins. Of course, you need to pay attention to small coins, but do it very carefully because it is very risky, you can lose all the money
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ss890
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March 17, 2018, 09:08:39 AM |
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Recently I noticed that mainly Shitcoins are the gainers. I found out when scrolling down the charts https://www.coinranker.net/ that these Shitcoins are making profits: -Latium 202% -Jiyocoin 85% -Hollywoodcoin 72% I should not only focus on the top 10 coins but we should also take notice of the smaller coins. Those might be pumped coins which you saw. They might have gone wild because of the artificial pumps that keeps happening all the time. There is not a single group anyway so it could be the case that these coins are getting pumped all the time with different users. The fact is any coin would get spiked in prices inly if there is good news about its development which is making profit for the team and thus they are putting more value to the coin with the help of raised funds. Otherwise there is no way for such low valued coins to pump as much as 200%. Plus it wont benefit much to you if a coin value is worth 1 satoshi and it got pumped to 200%. Will it do any good unless and until you hold millions of them!
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Mariahuhu
Jr. Member
Offline
Activity: 210
Merit: 1
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March 17, 2018, 09:11:51 AM |
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Recently I noticed that mainly Shitcoins are the gainers. I found out when scrolling down the charts https://www.coinranker.net/ that these Shitcoins are making profits: -Latium 202% -Jiyocoin 85% -Hollywoodcoin 72% I should not only focus on the top 10 coins but we should also take notice of the smaller coins. Yes you are right it is not but to spend some of portfolio on those shitcons out there maybe 5% of your portfolio is really good because if that shitcoins was pumped by those whales out there you will be the winner.
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BogdanGFTP
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March 17, 2018, 09:19:50 AM |
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From more than 10000 coins price of 3 increased. So if you invest in one shitcoin you will be reach with 0.03 % probability. Think it's not a good strategy
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Cookies_N_Cream
Newbie
Offline
Activity: 94
Merit: 0
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March 17, 2018, 09:23:21 AM |
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Recently I noticed that mainly Shitcoins are the gainers. I found out when scrolling down the charts https://www.coinranker.net/ that these Shitcoins are making profits: -Latium 202% -Jiyocoin 85% -Hollywoodcoin 72% I should not only focus on the top 10 coins but we should also take notice of the smaller coins. I don't think its good to pay attention to these coins as based on what you've said, those are shitcoins so most probably it won't be forever that way. Besides since they are unknown coins, most likely you won't find a good exchanger where you can trade it. If you do find one, the price won't be so high also as you expect since no one see them as a good investment.
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leea-1334
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March 17, 2018, 09:33:08 AM |
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Pretty common to see such "shitcoins" gaining traction in times when the entire crypto world is falling down, mainly because their value is easily manipulated and determined by the very few holders who have them when they start out. Just look at the very thin trading volumes and you will get what I mean. Some have below 10 BTC, seems like a lot, but you just need to sell and buy between each other 5 times for 1 BTC to achieve that!
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Bitmedrano040117
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March 17, 2018, 09:38:16 AM |
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Why pay any attention to the shitcoins? They have neither liquidity nor real price. Those numbers that you see on the charts do not mean anything, since if you have these shitcoins, it does not mean that at these prices you can actually sell them.
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ruffles2016
Sr. Member
Offline
Activity: 475
Merit: 250
Presale is live!
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March 17, 2018, 09:41:10 AM |
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It is not really about bad coins, at all. Its about bulls and market capitulations. People tend to speculate lot more on altcoins in both crash or pump times. Basically alts rise faster and also, drop faster. General rule.
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Niveus
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March 17, 2018, 08:09:18 PM |
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A distinctive feature of shitcoins is that they are not interesting to cryptocommunity, no one invests in them and, as a consequence, trading volumes are extremely small. With small volumes of trading, it is easy to manipulate the course of such coins: it is enough for large players to invest a few bitcoins, and the price will skyrocket. But remember that almost all profit is taken by manipulators. You, most likely, will remain at a loss.
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luongdk
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March 17, 2018, 08:15:54 PM |
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Because it is easier to pump small coin) I have seen by myself how people from these coins' chats were talking about pumping, and where are they going to speak about it. And, not surprising, that the same day Hollywood had +78% Participants know their deal)
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VanKleiss
Member
Offline
Activity: 231
Merit: 10
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March 17, 2018, 08:25:45 PM |
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Recently I noticed that mainly Shitcoins are the gainers. I found out when scrolling down the charts https://www.coinranker.net/ that these Shitcoins are making profits: -Latium 202% -Jiyocoin 85% -Hollywoodcoin 72% I should not only focus on the top 10 coins but we should also take notice of the smaller coins. You said it already that it is a shit Coin, better check if it has a big buy support after the pump because I guess it is just a fake pump. The moment you buy it, the more loses you will have. Take a break and let the red market subside. The tide will reverse at any moment, better buy known coin as it will pump once the bear runs out of coin to dump.
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Kumic
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March 17, 2018, 08:34:58 PM |
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You must see the bigger picture and follow the market. Yes, those numbers look great but do the research.
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Leona Lewis
Jr. Member
Offline
Activity: 181
Merit: 5
Token That Will Transform The Venture Capital Mark
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March 17, 2018, 08:38:38 PM |
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One day I saw another shitcoin made +2600% during 24 hours. But as it is almost unknown shitcoin with small market cap it can go into 0 next 24h. So it's definitely risky to invest into shitcoins.
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coino.org
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March 17, 2018, 08:43:58 PM |
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Speaking about Hollywood coin, I have a bit and I can assure you that it is not for real. I can read trading tape and big volume is just flowing from one hand to another,but they definitely are the same person. When you see 80% increase, it is just someone bought small amount like 1-20 coins ( less than 100$) and they are so tricky. I put my order in front of others several times, but a really big volume someone sold before my order,leaving me out of the game.
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ezbreezy08
Member
Offline
Activity: 168
Merit: 10
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April 29, 2018, 10:50:07 PM |
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Some shitcoins works well on bull market beware of this coins if you have some then sell it on bull market and better not to hold it coz if some exchanges will delist it in the future. I tell this to you you're loosing your money. Better pick a good coin that is better than anyone.
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