Holding shitcoins will not make u rich

[EastSound]

Well said, it is better to have few investments on a very good crypto rather than investing into pump and dump alts and coins,

[Kallipso]

Soon the Shitkoin eth will become  with such a situation and the lack of support and demand. So, any coin now risks losing among competitors and forks, if it stops for a moment with development.

[bittick]

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.

The subtle difference is that 2019-2016 all the altcoins were dumb copy+paste shitcoins and Bitcoin was king.
Since 2017 bitcoin is the shitcoin and the rest of the top 20 are objectively better. Some coins like Waves and Steem outside of top 20 are also better.
This time some alts are here to stay.

Is this a joke? you can ask SEC which is the coin that can't be considered as security and they will say bitcoin is one of them. There are only two coins that can't be considered as security and it's ethereum. Other coin still remain security coin.

[Vit83]

IMHO bounce in shitcoins will be higher, for some period of time they can make you more in btc. But hold them for 3-5 years imho is not a great idea. Better sell them when you have a great profit.

[sunsilk]

I have some altcoins and it include good coins like ethereum, I have some other alts too but those are like my trashes which I dont consider to pump soon.

Luckily some altcoins made a lot of people rich during the all time high. Those people that decided correctly to sell and didnt triggered greediness.

In fact, that's what matters to be considered.

You can already be rich in shit coins. 1000% of the day can even be winners. But it can be destroyed in the same way.

Take a big risk if you want to win big, you should take small risk if you want to win small.

Those coins that are pumping 1000% within a day will surely go to the pit after it has reached that increase. I don't want to take big risk with these coins that has nowhere to go after it pump.

I'll better stay with bitcoin and other few related coins and take smaller risk with smaller gains but with a possible of a better chance to make money with those. As much as possible, I'm putting off my hands with those type of pump and dump coins.

[wxxyrqa]

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.

The subtle difference is that 2019-2016 all the altcoins were dumb copy+paste shitcoins and Bitcoin was king.
Since 2017 bitcoin is the shitcoin and the rest of the top 20 are objectively better. Some coins like Waves and Steem outside of top 20 are also better.
This time some alts are here to stay.

Is this a joke? you can ask SEC which is the coin that can't be considered as security and they will say bitcoin is one of them. There are only two coins that can't be considered as security and it's ethereum. Other coin still remain security coin.

and yet Even despite the poor state of the cryptocurrency market, I still prefer the aethyria and this coin never failed me. I think that the situation will change after the update of Constantinople and many users who have so far negatively expressed themselves about the ethereum will change their opinion.

[HiatusGG]

I saw many coins as shits and very bad one years ago. Half of These shit coins are earned a lot of money to coin holders by pumpers,whales or coin owner. We are not in Bull trend. We are still in bear trend and we should accept this and sell shit coins.

[hahay]

I also hold a few shitcoins and it wasn't too much because at first I wasn't interested and only I tried to buy it and finally the value was lost. Until now I still hold it and still hope it will increase someday, even though it is impossible but I still believe anything can happen in the crypto market.

[komjhq]

I saw many coins as shits and very bad one years ago. Half of These shit coins are earned a lot of money to coin holders by pumpers,whales or coin owner. We are not in Bull trend. We are still in bear trend and we should accept this and sell shit coins.

the fact that today the market has shown green color does not mean anything. Even in May 2018, ethereum had a price of 825 dollars, but today it is only 105 dollars. This level is below the baseboard.Although we should always hope for the best.

[Muhtaixa]

I totally agree with you. Shitcoins never make them rich. They just take your money. It is important to choose the best altcoin. For example QSP. Quantstamp will be one of the most important subcoins of this market. Consider this.

[ololajulo]

It is believed that shitcoins takes 98% of cryptocurrency and will tend to $0 until they will be eventually be delisted from exchanges. More policies and rules will come that will reduce this percentage, however,so most shitcoins will be flushed out with time. The space can never be free of shitcoins, some are sponsored with big fund to swindle the large population. Thats why, all coin except bitcoin should be held with exit strategy.

[sergiorus]

I totally agree with you. Shitcoins never make them rich. They just take your money. It is important to choose the best altcoin. For example QSP. Quantstamp will be one of the most important subcoins of this market. Consider this.

OP consider shitcoins everething except bitcoin so I guess you haven't understood him properly. I agree tho it's all about choosing the one that will moon. Also OP should say that to Ico participants of Stratis, Ethereum, Neo, Iota, Tron etc

[JPSelzer]

Shitcoins never made someone rich. These are coins that cost nothing, so they quickly lose their value. Always pay attention to promising coins, because you do not risk losing all your money.

[JMD07]

Shitcoins never made someone rich. These are coins that cost nothing, so they quickly lose their value. Always pay attention to promising coins, because you do not risk losing all your money.

Those Dev has been richer as they sell their tokens at higher price before they run away and left those investors without a trace. Shitcoins are created to lure money from those newbie investors which they all they have are promises.

[andra73]

Those Dev has been richer as they sell their tokens at higher price before they run away and left those investors without a trace. Shitcoins are created to lure money from those newbie investors which they all they have are promises.

that's what being a risk to us in investing, we could lose all the money if we wrongly choose a coin. Therefore, we have to better define the project we are going to invest, because now the quality of the project not much good.

[necromastery]

I also hold a few shitcoins and it wasn't too much because at first I wasn't interested and only I tried to buy it and finally the value was lost. Until now I still hold it and still hope it will increase someday, even though it is impossible but I still believe anything can happen in the crypto market.

Of course, anything can be happen in crypto, but shitcoins that lost his value will be forgotten, because people will looking into new hot coin and stand in his side. People will think, rather than raising the forgotten coin, it's better to make a new coin that is more attractive.

[#Bentley]

It depends on what exactly you think about shitcoin, there are a very large number of coins that have a very small capitalization and whose reliability and price growth indicators are much better than bitcoin. For example, I invested in the ETA token a few weeks ago and during that time the price of this asset has doubled. In general, the Etheera project seems to me to be exactly the project that will be successful for me in a few months.

[Xtinah]

It might, you can't really say but it's very risky holding shitcoins. Even though shitcoins have no potential value or use some have seen their value on the open market rise dramatically from time to time, usually because of a pump and dump scheme. It's for short term not long term and Mostly pump and dump and at the end, they become worthless. It's just better and advisable one holds coins with potentials

[ajdaj]

It might, you can't really say but it's very risky holding shitcoins. Even though shitcoins have no potential value or use some have seen their value on the open market rise dramatically from time to time, usually because of a pump and dump scheme. It's for short term not long term and Mostly pump and dump and at the end, they become worthless. It's just better and advisable one holds coins with potentials

due to the poor state of the cryptocurrency market, one has to observe the market trend very carefully. In any case, wealth is not discussed today, because at least it would be enough for what you earn.

[Santri]

in my opinion it's only 1:50 shitcoin which will provide benefits because shitcoin in my opinion can provide many benefits if there is group that does pump that causes all interested and after that there will be big dump