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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 21220 times)
sjbi
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April 09, 2019, 06:15:21 AM
 #221

To be fair, many of investors and bounty hunters do not go through whitepaper thoroughly before investing or working for a project. As a result, they are knowingly or unknowingly supporting shit coins. Such bad trend will sometime lead to a great loss. Sometime advertisement and peer-to-peer pressure work out. People are attracted to a shit coin with pressure from friends. So it is necessary for all to read whitepaper beforehand.   

Horas1976
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April 09, 2019, 07:38:35 AM
 #222

Dirt coins are only for residents who remain in the wallet, this makes us sad but it can't be helped, coins are useless and there is no development. So when you have a low coin if it's still selling well, just throw it away.

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April 09, 2019, 03:34:17 PM
 #223

Personally I try to sell all shit coins at the shit exchanges like Forkdelta and other, and try to receive even 3-4$ to fill my wallet with the money on commission.
Yes, forkdelta was created for this. lol
If there is place to sell it, it will be your best idea. Because its worthlessness and continuity will not give you anything.

Well most shitcoins i have in my wallet are from airdrops from a year or two ago and unfortunately they aren't even in forkdelta lol. Someof them are even bounties that i worked for, imagine that. Though i've accepted that they're just going to be garbage there and i've moved on. I'm not even sure if some of them did have value.


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MadaraAvenger
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April 09, 2019, 03:49:22 PM
 #224

This happens when you start listening to random people talking about crypto investments and how they heard from who knows who that this token will be the next big deal... . Always make your own decisions and always make sure you have enough info about the projects before starting to invest or you will end up with a lot of dead tokens/coins....

Adriano2010
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April 09, 2019, 04:06:03 PM
 #225

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.
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April 12, 2019, 06:17:56 PM
 #226

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.

You understand that in the opinion of a large number of people, all coins except Bitcoin are the same shitcoins that you are talking about. So mark what they are and what they are not.
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April 12, 2019, 06:48:01 PM
 #227

Personally I try to sell all shit coins at the shit exchanges like Forkdelta and other, and try to receive even 3-4$ to fill my wallet with the money on commission.
Yes, forkdelta was created for this. lol
If there is place to sell it, it will be your best idea. Because its worthlessness and continuity will not give you anything.

Well most shitcoins i have in my wallet are from airdrops from a year or two ago and unfortunately they aren't even in forkdelta lol. Someof them are even bounties that i worked for, imagine that. Though i've accepted that they're just going to be garbage there and i've moved on. I'm not even sure if some of them did have value.

Oh, you are my "friend in misfortune." My most unfortunate coins are rewards for participating in airdrops. Some of them are worth nothing, and some are worth a penny, and in order to sell them, I need to pay more for a transaction than their total cost.
Ezenwanyi
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April 13, 2019, 09:16:45 AM
 #228

The shit coins that i hace presently in my wallet address are mostly gotten from Airdrops an$ bounties.
I got some aldo because of greed.
I coul have sell when the price was reasonable but instead I decided to keep holding with the hope of increase in price which never happened.

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Emmy92
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April 13, 2019, 10:55:34 AM
 #229

Funny enough I did almost all, bet on the wrong team, pump and dump group, no due diligence etc. But I learnt something too, which is knowledge is power, after ending up with shit coins I had to go research for more information. The last but not the least, some airdrops I did too are still in my wallet with no hope of amounting to anything.
Mr.Noda
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April 13, 2019, 03:19:53 PM
 #230

I trusted a friend and eventually lost my ethereum in the project. Conclusion analyze where you carry money.

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dipeco
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April 13, 2019, 05:01:11 PM
 #231

I have not bought them, but I took part in a lot of bounty programmes that ended up as a shit coin. I have sold 50 percent at the very beginning and the last part landed in my wallet. By the way, 90 percent of all earned tokens are still there, because they have almost no value.
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April 13, 2019, 05:57:38 PM
 #232

I trusted a friend and eventually lost my ethereum in the project. Conclusion analyze where you carry money.
Always do your research before starting to invest your money, the rules of trading, never to entrust your fate with someone always find the way to learn
about the market, your knowledge is your tool to earn from this industry, ending up with unprofitable alts happened when investors didn't bother to do study and research.
darkangel
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April 13, 2019, 06:02:15 PM
 #233

You wouldn't believe it but most I got was from airdrops collect in 2018 when trading went awry. Everything about Crypto trading failed and had to switch to collecting self drops and airdrops. That's how I ended up with shitcoins
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April 13, 2019, 06:56:14 PM
 #234

Well, I will advice you to do your research thoroughly before investing and never listen to friends to prevent loss of tokens sometimes.

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April 14, 2019, 03:50:47 AM
 #235

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.

Therefore, the decision here is very simple: never deal with these shitcoins. Avoid getting a token if you do not trust it or when you do not know anything about it. It is safer to work using top-100 alts.
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April 14, 2019, 07:20:20 AM
 #236

Most of my shitcoins i am gonna hold it first because there no sense if you sell them with no profit and you paying transaction fee from exchange without any gain from your coins, all i have to do is to wait the development of this shitcoins.

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April 14, 2019, 07:53:30 AM
 #237

Most of my shitcoins i am gonna hold it first because there no sense if you sell them with no profit and you paying transaction fee from exchange without any gain from your coins, all i have to do is to wait the development of this shitcoins.
Yes, it is really annoying to get the shit coin, because it is very slow in increasing and very rapidly decreases, so for me to handle this shit coin, it is enough to buy at 1 satoshi price.
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April 14, 2019, 09:03:16 AM
 #238

Personally I try to sell all shit coins at the shit exchanges like Forkdelta and other, and try to receive even 3-4$ to fill my wallet with the money on commission.
Yes, forkdelta was created for this. lol
If there is place to sell it, it will be your best idea. Because its worthlessness and continuity will not give you anything.
if you still hold shitcoin you should never see and wait for high prices. moreover you are still having trouble finding the market / exchange to sell it, sell it when you still have time, before you regret for holding worthless coins..
Annalise24
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April 14, 2019, 07:15:07 PM
 #239

I ended up with shit coins through bounties and partly from Airdrops.
My etheruem wallet address is filled to stupor with most of these shit coins.
The world is that I cannot even sell it nor discard them from my wallet.

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April 14, 2019, 09:24:28 PM
 #240

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
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