Holding shitcoins will not make u rich

[imstillthebest]

Of course, I've never hold it, in fact, I sell it once its still have value in the market. Mostly shit coins were listed in low volume exchange which there is no investors will have interest to look and buy coins in there.

Yeah like in cryptopia, yobit, and other exchanges. there are a lot of shitcoin there, and you shouldn't hold that coin for a long time,
because that will hurt you. yeah sell when there's a chance dude, sell when it's still valuable

cryptopia and yobit are not a shitty exchange or a low volume exhange because they are actually  big and popular but i am aware that yobit do also list some unknown altcoins which isnt actually bad in my opinion  .  

yes holding a shit coins will not make you rich therfor there is no point of holding or obtaining them  and if you already know that you will be getting a shit coin on a bounty or on an airdrop , then why would you still bother to continue joining and working on them?  it makes no sense

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[daly896]

Shit coins will make you rich but on a short distance.
In a long term there is probability to gain only with good coins with product and clear vision and what is more important- with actions!

[00DKM@]

I think that now a very large number of stablecoins is being created. This will lead to the pumping of coins from the TOP 50, and their further sale at an inflated price.

I think stablecoin will not make the value of "shitcoin" increase. It should be carefully selected and prudent. The selection process will be key to increasing your profits in the future. Keeping ahitcoin will lead you to the pits.
I think the top 10 will be more practical and ideal.

[Froganz]

It seems to me that even bad coins without any idea can grow several times in a bull market. but over time these coins will be eliminated

[ethereumhunter]

Because when new bull run will arrive there will be new shitcoins and your shitcoins will end dead or delisted from exchanges which can lead to 100% loss.History is always repeating.
Surprisingly some coins from this chart are up from then but volume on exchanges is low,so holders of these coins are truly bagholders.

From that list, only bitcoin and litecoin that still survive in the top ten and the other replace with the new coins like ethereum, eos, bitcoin cash, bitcoin sv, tron, and the rest is the old coins like ripple, stellar, tether. The market still changes in every year, and some of the coins in the future will also change again, and we will see the list will replace with the other coin but bitcoin still on the leader of the cryptocurrency. And for now, I think many of the coins trying to compete for each other because they want to get a better position in the coinmarketcap so we will see a new changing again in this time.

[batang_bitcoin]

I agree, shit coin is almost the same with dead coin

They won't be called that way if they were good enough.

maybe you can make some profit if you are lucky some group pump the coin

Nowadays, it's unlikely that you can find gold on altcoins through those groups. And as much as possible, remove that on your list, remove these pump and dump groups because they'll do no good to you especially to your portfolio. They'll keep on recommending you worthless coins.

[MidnightWolf]

It seems to me that even bad coins without any idea can grow several times in a bull market. but over time these coins will be eliminated

There are a lot of such coins now. Turn around a year ago. You can see the success of all the coins. And now they do not bargain anywhere at all and are completely illegitimate.

In any case, the business in the cryptocurrency market should be treated with caution. In recent years, many users of cryptocurrency have not only become richer, but also have been prosecuted by law enforcement agencies. The fact is that many people are interested in the possibilities of fraud, And some wanted to get rich easily and started selling all their property or taking loans to invest in cryptocurrency. Results I think it is not necessary to describe.

[malah]

of course, to hold and invest, we must be able to choose good coins and have the potential to be able to provide profits, if holding a bad coin will only waste time

[Ruhtilg]

Shit coins will make you rich but on a short distance.
In a long term there is probability to gain only with good coins with product and clear vision and what is more important- with actions!

If you want to hold for the long term, do you think BCH a good coin?

[Coinmyjob]

Why provide archival data when everything has changed from perception to execution. Yes, there are more Shitkoins and more coins, but the concepts of how to determine this or that coin also increased. And who will tell me now that my bet on bat or gas is the wrong decision.

[Yamifoud]

Isn't unusual for now that a lot of coins in our wallet seems to be becoming a shit coins due to market condition. Of being undervalued for now, it is totally no sense nor it give you profit, it could be better to dispose while its still have a value. Though there is a speculations that market will recover but I'll doubts it could turn this shit coins into valuable.

[Gabteb]

Yep holding of shitcoins wil not make us rich but this screen isnt so right as many said at that stage most of coins were just copy of BTC with other name, so its normal most of them are died now as noone need them, but now most of devs understand new coins must bring somthing new to market or there are nothing its good for everyone.

[HanaTenun]

Isn't unusual for now that a lot of coins in our wallet seems to be becoming a shit coins due to market condition. Of being undervalued for now, it is totally no sense nor it give you profit, it could be better to dispose while its still have a value. Though there is a speculations that market will recover but I'll doubts it could turn this shit coins into valuable.

I thought, how many things we have now become dirt in the wallet is not because of market conditions. Market conditions make the value of our assets diminish, not the coin assets that have no value. when many coins have no value, it all becomes the fault of the team who are unable to develop their platform. when a coin drops in value due to market conditions, then calm down, you will get your money back when the market grows again. you only need to be patient.

[suryasuryo00]

shitcoin is a bad coin in terms of developer, technology, marketing, etc. If you hold shitcoin too long it will result in a lot of losses, but if you have a pretty good strategy in handling shitcoin then it has its own advantages.

[RAJSALLIN]

If you want to hold for the long term, do you think BCH a good coin?

No, not BCH. Please search and invest in other altcoin, which is better than BCH. why do you think if BCH is a good coin for longterm?

[raes]

No, not BCH. Please search and invest in other altcoin, which is better than BCH. why do you think if BCH is a good coin for longterm?

For the long term, it would be better for us to invest in Bitcoin and ethereum. because in the current market conditions to choose a good altcoin we can also have difficulties. but what is clear is that bitcoin never disappoints for long-term investment.

[trumplove]

shitcoin is a bad coin in terms of developer, technology, marketing, etc. If you hold shitcoin too long it will result in a lot of losses, but if you have a pretty good strategy in handling shitcoin then it has its own advantages.

shitcoin is a perspective, but if in the end the developer does not have a sustainable program, for example, only focus on 1 exchange market that has a volume that has a quiet volume, then you have to sell it as soon as possible. lots of shitcoins that were eventually abandoned by the developers themselves after they made profits according to the target and then handed over the fate of the holders on the market.

[timmmers]

Because when new bull run will arrive there will be new shitcoins and your shitcoins will end dead or delisted from exchanges which can lead to 100% loss.History is always repeating.
5,5 years old chart:

Surprisingly some coins from this chart are up from then but volume on exchanges is low,so holders of these coins are truly bagholders.

Mnah and do you know more about these coins? They are just copy paste of Bitcoin´s open-source code. They are not diffrent, they are not interesting.
But now, look at altcoins, most of them are totally diffrent, diffrent use, diffrent blokchain, diffrent end users.

[xialan_lu]

If you only hold it for a short time shitcoin won't make someone to be rich, but this does not mean that all shitcoin is really shit. Because some of them if you hold for a long time can turn into gold and even diamonds. So the point is, all this depends on what shitcoin you hold. If you buy it randomly without doing analysis first, I'm sure you won't get anything.

[x0rcist]

Holding shitcoins made me rich, it all depends on when you enter/exit your positions