How did you end up with shit coins?

[H1N1]

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 pump and dump scheme can trapping peoples to buying the coins.
Earlier peoples will have a profit by selling it to the newer peoples who want to buy the coins.
But the newest peoples who bought the coin, will have to holding it unless they want to sell it with loss because there is no buyer after pump and dump.

[batang_bitcoin]

I will never forget how my inexperience made be bagholder of some shit coins. This is why research and patience is very essential, when choosing any coin. Do your research in order to limit your skill

Everything is being learned while we're experiencing some misfortune along our way.

DYOR is everything that we need. Ending up with shit coins, meaning that we didn't do our own way of checking if that coin is something worth or not.

[jcarlo]

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 pump and dump scheme can trapping peoples to buying the coins.
Earlier peoples will have a profit by selling it to the newer peoples who want to buy the coins.
But the newest peoples who bought the coin, will have to holding it unless they want to sell it with loss because there is no buyer after pump and dump.

When people looking the profits in one day, without more research and think the price will increase more, they interesting to invest and buying shitcoin at high price. I am agree can trapping new peoples in crypto market, they should make hard decisiont to sell the coin at cheap price. Its not good for crypto image because many people will think crypto is a buble market

[0t3p0t]

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.

Though I am not investing my own money to presales or ICO's but still I am able to get shitcoins from ICO projects from bounty programs. Participating in a project without doing our own due diligence may lead us to collecting shitcoins. Reasons  are the same and it will repeat itself unless we won't learn from our past experiences. Making decissions on what project to take part with isn't an easy thing to do to be honest it needs time to decide.

[veraro]

Sometimes there are a lot of positive information noise around project from different bloggers and analysts so we became truly believe this shit coin is a gem. But sometimes we just want get quick money. As we can see on a rise market shitcoins can get a profit. But then market fall down we left with useless coins with zero price.

[Lawrenzoo]

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.

For now, i usually buy coins that i know that they will become shit and not ones that are shit already, no investor in its right senses will invest in coins that has already become shit and may never rise again, but when you invest in projects that you are convinced will get dumped later, so for there to be a dump, there must be pump, i just invest to take advantage of the pump temporarily before it gets dumped.

[Ranly123]

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 end up investing in shitcoins because of their misleading ways to lure investors. Most of those shitcoins has the most promising platforms and has the most flowery ideas.

[babicena14]

It's very simple, when you do not have enough money to invest in Bitcoin or Ethereum, you start looking for coins with a lower value. You choose among shitcoins in the hope that you will find a diamond and get rich. After studying the forum, you choose a few inexpensive shitcoins and buy them, but it is likely that their value will never grow.

[Wittny]

The secret is by doing good research before investing in any project, project with solid team will surely do well even if it worth shit today.

[ivaf]

I bought shitcoins because I didn’t know that it was shitcoins.
There was no experience, I listened to everyone. I did not understand that many do not understand cryptocurrency themselves. As a result, in my Ethereum wallet there are more than 100 different shitcoins now, which I can not get rid of now.

[ninja811]

If you are going to choose a project, then you need to carefully approach it after a thorough study.
If you take part in the project, without having thought over all the details and not making sure that he has no future, you may have crappy coins in your wallet that will only disturb you.
Therefore, to get rid of bad coins do not participate in bad projects.

[Vishnu.Reang]

There are some 5-6 shit coins in my wallets and I received all of them from various bounty campaigns. Many of them are completely worthless. And for the rest, the fees for depositing them in to an exchange is more than their net worth.

[ataki]

I was blind during the 2017 hype  and invested in some coins that turned out to become shitcoins later. Did not properly analyzed them just listened to some so called experts.

[NewRanger]

I was blind during the 2017 hype  and invested in some coins that turned out to become shitcoins later. Did not properly analyzed them just listened to some so called experts.

most of beginneer attracted bitcoin price while price rise extremely only in few months.at that moment hype so high and attract new investor coming.but cause negative news suddenly btc price down and much people loss their money.

[A L I E N]

I also don't like coins that are made just to get some funds and after abandon it, i mean devs are just create a coin, ussually a clone of another coin, and after put it for sell and people who buy it lose investements.

A lot of shitcoins were created on purpose - to pump them and organize a dump after that. It is better to try to foresee these events and stay away from getting this stuff. Better trade reliable altcoins like Lisk and Stellar.

[biznes35]

Many shitcoins are very profitable but in a short period of time. You need to constantly monitor your cryptocurrency portfolio. So I don't like shitcoins.

[RasenShuriken]

Many shitcoins are very profitable but in a short period of time. You need to constantly monitor your cryptocurrency portfolio. So I don't like shitcoins.

Yeah, most of the shitcoins are very profitable but there are some altcoins that was used and intended as a trade coins, but it can soar highly as high as possible.

[hovrah]

Many shitcoins are very profitable but in a short period of time. You need to constantly monitor your cryptocurrency portfolio. So I don't like shitcoins.

Yeah, most of the shitcoins are very profitable but there are some altcoins that was used and intended as a trade coins, but it can soar highly as high as possible.

today Even those projects that showed very good prospects and projects that in reality will be in demand in society have no value. Of course, this is all fixable, but you need to wait for the improvement of the situation in the cryptocurrency market. It is very good that cryptocurrency users who are stronger in spirit do not sell such coins at a cheap price in order not to kill projects at all.

[BlackPanda]

I also don't like coins that are made just to get some funds and after abandon it, i mean devs are just create a coin, ussually a clone of another coin, and after put it for sell and people who buy it lose investements.

A lot of shitcoins were created on purpose - to pump them and organize a dump after that. It is better to try to foresee these events and stay away from getting this stuff. Better trade reliable altcoins like Lisk and Stellar.

It's right that trying to invest in shitcoin is a waste of our time. Never invest in shitcoin because we will miss the opportunity to gain other coin profits. Investing in coins such as Stellar, Bitcoin cash, Ripple and binance coin is the right choice. A good reputation is a reference and we can make a comfort and security in avoiding bad risks.

[repear7]

Honestly until now I was very selective when I would buy a coin. For me the selection of coins is the main factor that will determine the amount of our profits. I prefer to buy potential coins and clearly the benefits than I have to buy coins that have not been trusted in the market. Usually people who participate in buying shit coins because they are tempted by the issue spread about the coin. They did not analyze the coins they bought so that they were hypnotized about the number of people who supported the coins in the market even though the coins were not necessarily potential.