Investing in Shitcoin

[abstmain]

Hello friends,
I am thinking of investing in a shitcoin that copied another coin. Is Investing in such coin is really risky. Is it worth investing? I want to your input.

Disclaimer: This is a self-moderated topic. Don't shill here, I will not tolerate. Therefore, I will delete and report.

[bitChipper]

Hello friends,
I am thinking of investing in PRiVCY for a while. Right now, the price is quite low and I think it may hit at least $0.10 in a bullrun. For your info, PRiVCY is a cpoycat of DeepOnion. Investing in such coin is really risky. Is it worth investing? I what to your input.

Disclaimer: This is a self-moderated topic. Don't shill here, I will not tolerate. Therefore, I will delete and report.

Key word is Risk in this situation, investing in small cap coins is high risk but also very high reward. Soo many early bitcoiners made millions by investing in altcoins that went up 100x.

Sooo many people just say "ohh only stay in the top 50, all the rest are scams", which just is not true, you can make just as much btc if not more trading small cap coins than you can trading the top 10 coins.

If you like the coin and you think it will go up then buy it, go for it, but be ready to sell on a pump because it could get really volatile. Good luck

[WalkerIVIV]

Hello friends,
I am thinking of investing in PRiVCY for a while. Right now, the price is quite low and I think it may hit at least $0.10 in a bullrun. For your info, PRiVCY is a cpoycat of DeepOnion. Investing in such coin is really risky. Is it worth investing? I what to your input.

Disclaimer: This is a self-moderated topic. Don't shill here, I will not tolerate. Therefore, I will delete and report.

It's not worth investing deeponion is such a scam coin what do you expect from the copycat of shitcoin that's even worst than the real shitcoin called deeponion.
Deeponion dies and you should not expect to gain a lot from there. so many people have said that you just waste a lot of your time.

[ansi]

Shit coins are worth " trading " if you get them for FREE from air drops or bounties or...
If you wanna take that risk of BUYING them with your own money or investing in them, that's kinda silly & stupid, YES they can moon, but thy can also keep digging the earth till they reach magma lol.

CMC is full of great crypto to invest in, why locking yourself to shit coins because they are " cheap " ?

[Pffrt]

Investing in shitcoin?
Well, there is no good chance of having good returns from PRiVCY as you know this one is copycat only have no willing to develop in a good one. The team are greedy enough and trying to have some good profit. That's it. So, in my opinion, you should avoid this one.

[cizatext]

Investing in shitcoin?
Well, there is no good chance of having good returns from PRiVCY as you know this one is copycat only have no willing to develop in a good one. The team are greedy enough and trying to have some good profit. That's it. So, in my opinion, you should avoid this one.

But even as a copycat without intended developmental tool shitcoin have been able to increase in price to some extent, but the truth of the matter is the team is not greedy as you frame them to be but they lack the willingness to push further with their project. But since cryptocurrency investment is a risk you can still risk some amount you can afford to lose on shitcoin.

[abstmain]

Deeponion dies and you should not expect to gain a lot from there. so many people have said that you just waste a lot of your time.

those coins can be kind of pump and dump coin and if you are active enough in day trading, it may be possible to get some good profit from such coins. That's why I am having a look.

if you could not earn this coin on a bounty, then it seems to me absolutely pointless to invest in it now because it is extremely risky and you can lose completely your money

Did I mention anywhere that those will be from bounty? Do you even understand what is bounty and what is an investment?

[blink_stun]

I don't like investing in shitcoins as it is very risky and often times you will end up losing your investment. the only way shitcoins will reach ATH is when a group will orchestrate a pump and usually it doesn't last long. I suggest you invest in real projects with real life usage.

[peter0425]

Hello friends,
I am thinking of investing in PRiVCY for a while. Right now, the price is quite low and I think it may hit at least $0.10 in a bullrun. For your info, PRiVCY is a copycat of DeepOnion. Investing in such coin is really risky. Is it worth investing? I want to your input.

Disclaimer: This is a self-moderated topic. Don't shill here, I will not tolerate. Therefore, I will delete and report.

Unless you are willing to wait for a long time then why not? Yes, you already know the risk but one's thing for sure, this coins will be pump by speculators so you need to have to wait and timing should be perfect before getting a decent ROI. So ride the waves but you should know when to exit. Goodluck to your decision.

[Gab20]

Well, if you think you are able to take the risk, you can. You already said it yourself that it is a shitcoin, so the onus is on you, because the possibility of gaining is little.
There are lots of good coins in the cryptospace that you can invest in and yet you will have rest of mind.
Shitcoins most times are usually short term and do not have the tendency to last for even upto a year, for most of them.

[Bavaria]

There are two types of coins: shitcoins and undervalued/oversold coins.
Just look at my last comments and check is it worth to risk and invest in a "shitcoin" that have all chances to became next Google or amazon? Or better invest in a copycat?

[btcluisdiki]

If you want to invest on cryptocurrency, why would you go for a shitcoin that involves a high risk instead why not invest on cryptos that are already listed on the exchange sites that already existed where you could verify and analyze it's market movement. With this, the risk involved could just be minimal than investing coins where you are unsure to make profit in the market.

[abstmain]

If you want to invest on cryptocurrency, why would you go for a shitcoin that involves a high risk instead why not invest on cryptos that are already listed on the exchange sites that already existed where you could verify and analyze it's market movement.

PRiVCY is also listed on exchanges and I am expecting to have a pump sooner. For your info, those shitcoins are pumped and dumped by some entity and that's why there is a good chance of having some good profits. That is the only reason I am interested to invest.

[georgereyes]

Throw in a couple hundred bucks or whatever you can afford and don't look back.