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Question: How did you end up with shit coins?  (Voting closed: October 25, 2018, 03:09:02 PM)
Pump & dump scheme gone awry - 5 (33.3%)
Peer/ friend pressure. - 0 (0%)
Did not read/understand whitepaper - 0 (0%)
Misled by Forums/groups that you followed. - 2 (13.3%)
Bet on the wrong team. - 3 (20%)
Had too much money and did not know what to do! - 0 (0%)
Other - 5 (33.3%)
Total Voters: 15

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Author Topic: How did you end up with shit coins?  (Read 21172 times)
qtronix
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January 30, 2019, 11:10:27 PM
 #161

Yes, I've had cases where I've bought shit coins, but this has taught me to be more attentive to the choice of coins to invest in. At that time, I did not study coins, but simply succumbed to the General HYIP and made a mistake.
tabas
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January 30, 2019, 11:27:35 PM
 #162

I was misled by the understanding that these coins are very good. And also a pump and dump scheme before wasn't exposed so many have bought to that idea.
The last part was shilled by a stranger, when I was still a newbie I mostly believe what a stranger says regarding an altcoin. And that's how I ended up with some of the baddest altcoins that just lost me money.

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Gab20
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January 30, 2019, 11:58:13 PM
 #163

I was fomoed into buying a particular shit coin. I didn't know it was just a fomo. After buying, it never returned to the price i bought it and neither was i able to sell at a good price.
Well, i had dumped before it finally dumped.
ronwewee
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January 31, 2019, 07:49:24 AM
 #164

It just stays in my wallet, shitcoin remains shitcoin unless you sell it to some people that buys shitcoin also. Well, that is the only hope to get rid of the shit coin in the market. So lets avoid shitcoins.
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January 31, 2019, 08:19:06 AM
 #165

I was so stupid when I entered crypto space ,I always thought all coins are good until I started mining any coins I see with zero research on the coin itself ,after wasting several months I learned the hard way ,90% of all the coins I mined are shitcoins excluding etn

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January 31, 2019, 08:30:57 AM
 #166

i just ended with shit coin like 3 times or more than that
most of them give Pump then many of my pressure from friends to buy that shit coin
then now the bad thing they all gone with dump price

what can i do now? cut lose or just wait for pump?

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vin1103
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January 31, 2019, 08:40:02 AM
 #167

i just think why we get shit coins that because the project is not success, top 100 coins is not shit coins, shit coins have from ico project when what i invest and it fail i will get shit coins, that just because my information my experience and my feeling is not so good

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a4illusionist
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January 31, 2019, 08:47:28 AM
 #168

Mostly through bounties and Airdrops. Though i don't regret because i knew that some of them will be shit coins even before doing the bounties but i still kept doing them as i also was sure that some of them would make it as successful projects.

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Gabmot
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January 31, 2019, 09:56:36 AM
 #169

Many that have gotten was done through bounty campaign campaigns participation. Nevertheless,  i did get some with my hard earned money too which makes this part really painful for me.
Caladonian
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January 31, 2019, 10:01:34 AM
 #170

i just ended with shit coin like 3 times or more than that
most of them give Pump then many of my pressure from friends to buy that shit coin
then now the bad thing they all gone with dump price

what can i do now? cut lose or just wait for pump?

That's the problem when you are just get influence from someone else instead of your own perception, now you are stuck and trapped with shit coins
where you don't know what will be the progress if there's any updates coming out from the team, if you think that there's nothing left for you but a
continuing dumped better to close it out and sell while there's still some value.

Learned from this and avoid being moved by others opinions, do your own research from now on, Good luck
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February 01, 2019, 11:15:01 PM
 #171

For others, maybe they already cash it out. But for me, even though it turned out to be shit coins already, I still have high hopes on that coin. And I want to hold it until it becomes a true value.

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drrekkty
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February 01, 2019, 11:19:03 PM
 #172

I don't know yet, my portfolio doesn't have enough shitcoins, so I prefer other  more trusted blockchains.
On the other hand there is a chance to multiply your funds with low cap shit coins
ukloon
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February 01, 2019, 11:23:00 PM
 #173

Most of my shitcoins are due to failed bounties that still done their distribution but didn't deliver a good product with high demand. I invested in a couple of failed ICOs that have yet to deliver, even after doubling down i didn't get any value out of it. It's a lesson learned - the hard way

itasannah
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February 01, 2019, 11:27:24 PM
 #174

The useless coins really make us regret buying coins. And even now we are confused about throwing it away because surely there will be no price. I think many people have experienced it and what I did with shit coins is still holding it back. Because I still hope that in the future the coins will have a price value.
fullhdpixel
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February 14, 2019, 03:04:08 PM
 #175

I have never end up with shit coins ever since I joined crypto community.

I just don’t take any chances when the coin we are dealing with is not Bitcoin or any of the top coins in the market. Once the price is up I just sell it or swap for another coin that is better so that I don’t lose. Cause one thing I’m always sure about is that people will always sell their coins when the price goes up, so I’m not going to take those chances.

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Nwankwobtt
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February 14, 2019, 03:07:28 PM
 #176

I collected those during my early days in cryptocurency. I was a naive and inexperienced. But now I don't buy just any coin. I buy coins with minimum viable product and backed by an offline business with multiple years of experience in finance, dapp development, gaming and so on

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February 14, 2019, 03:26:34 PM
 #177

As a rule, such projects can be clearly seen after studying white paper, or studying the site and team profiles. I am throwing such projects on a blacklist and telling friends.

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February 14, 2019, 03:37:44 PM
 #178

I do not invest my money in some bad projects, but which can supposedly fly to the moon. I invest my money only in top coins such as Bitcoin, Ethereum, Ripple, EOS, OMG and others. All tokens that I have and which are now almost worthless, they were obtained from bounty companies.

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February 14, 2019, 03:56:54 PM
 #179

Well, to finally recognize the coins as Shitkoins do not need to hurry. The dead are risen. In the bear market, many coins fell by 95-99%. This does not mean that it is Shitcoin. We must wait and hope. Personally, I scored many such coins after reading tips on our forum)))) As it seemed to me, these were the advice of professionals. I understand that they also suffer losses.

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February 14, 2019, 04:03:22 PM
 #180

I am working on an article about how smart people ended up buying shitcoins – I need some info on why you bought shitcoins (if any). If you choose "other" then can you care to comment on what that other means? Would appreciate if you helped me get an insight!
Thanks in advance.
I think misinformation is the main reason why I have shitcoins in my portfolio. At first it will go up but I realized that I am wrong because the coin that I have dumped so much. I have a bags of shitcoins and I still have hope that it will go up in the near future.
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