Holding shitcoins will not make u rich

[Taner]

Yep, it makes no sense to hold sheetcoins, after all, most of them have lost up to 95% of their value during this year. You need to transfer your money to those assets that will not die. If you continue HODL strategy, you may be left with nothing.

[conected]

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

- From a positive perspective, holding shitcoin can really make us rich, but it needs a condition that whales want to pump that shitcoin and this is a very difficult condition when this market has too much shitcoin, although we can choose to increase our luck chances but that will not be enough. And after all, we can see that the rate for us to become rich from shitcoin is very low, almost we will fail and waste money in vain, instead of trying to choose such too dangerous investments, we can turn to potential investments, make money everyday, long-term accumulation will also make us rich

[Johnzky]

It depends on how long are we talking here about holding of shitcoins because the lifespan of shitcoins mostly takes couple of years of existence,but sometimes some of this got pumped as early as investors find this suitable to pump then what happens is the life of the said coin becomes more shorter than what this supposed to be

[sergiorus]

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

good point
it's literally impossible to become rich with non-shitcoins
unironically you need to be already rich to make huge profits with top coins

[TusharMali99]

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.

Yes, coins like namecoin, peercoin, devcoin aren't even in picture now. Namecoin is now ranked 230.
Even good project LTC is no more in position no. 2. So, it is always good to flip your alts and stay in BTC.

[TusharMali99]

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

Trading with shitcoins with correct entry and exit points has made you rich, not longterm holding.

[last7minutes]

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

These shitcoins come to the market to be pumped, and then, they vanish. Unfortunately, it is not so easy for a person, who is not a crypto professional, to understand if the new coin is good or not.

[Juse14]

Really ? iam buying a shitcoin name Dime at Yobit at pair LTC with a cheap price. and iam selling that at 2017 more than 1 BTC with pair BTC at 1 sat for more than 4 month. Shitcoin its a good for the people with low value asset, but remember shitcoin like gamble so always remember you throw your money into a trash and change that for a gold at there.

[HiatusGG]

In 3-4 years, Many altcoins will disappear and new altcoins replace into these coins. We should invest all coins but we should not stay on altcoins for a long time. In bear season, definitely, you should invest to Bitcoin ethereum instead of altcoins.

[yesyes18]

Yeah, that's definitely true. Holding shit coins wouldn't take you anywhere because there's a higher probability the coins will be worthless or they will die out (anyways majority of shit coins are dead already). It is in few occasions that shitcoins are able to prove to be anything better.

[acmrl]

Good and big projects are dropping also like shitcoins but after these bad days when bulls come, we will see good rises for the big projects like neo,tron or others but shitcoins will be destroy before bull market come.

[Thiggy01]

We are at a completely different scenario than that of 2013. This time we have real innovative projects that can contribute significantly with this field of technology and they wont die like vaporware, they are here to stay.

[South Park]

Yes, today competitor for BTC don't exist. But what will happen after 1-2 years? Nobody knows. BTC is the first and basic but his technology has some borders. I don't like many tokens and coins. I think we don't need more than half. But BTC should be changed. And team do it

Nothing will happen in just a few years, the limits of bitcoin have not been explored yet, the developers are working very hard to keep improving bitcoin and since they are the best I do not really expect anyone to come up with better ideas than theirs but I do not mind being wrong, if some new altcoin appears that has incredible characteristics that bitcoin cannot implement I will not mind since that would mean that the adoption of cryptocurrencies by the average person will happen even faster.

[Prosperityforall]

That is right. Shit coins aren't good coins, aren't good projects,so I think coins should be like top 10-top20. Don't hold shit coins!

[the1arty]

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.

It does not mean that 5.5 years ago so many weird coins been on the top, they had no product back then, now at least some of the projects have already an established product. If you do not have anything to show now, you will be already dead with that ETH price.

[Cashi]

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:

Interesting chart to see coinmarketcap from 5 years ago. 

I agree it's always important to question a coin. Some coins are only hyped and will crash in price finally.

[ciang huang]

if in my opinion it's not all shitcoin, if for the current year it's been very valuable, the market 5 years ago there was no shitcoin, different from the current year that most scams and project development are very lacking

[ihaveaquestion]

BTC big advantage is all in it's public recognition and longevity compared to other crypto. And history is rife with examples of inferior technologies winning out in the end due to brand/mainstream recognition and stability.

As others have said, it's also more secure since it's use case is more focused.

[Jesabela04]

If everyone would have that kind of mindset, then there should have been unsuccessful holders these days. Most of the millionaires today got their best profit from their holdings that they have thought as shitcoins. We should just have trust for what we hold.

[ckorbba]

If everyone would have that kind of mindset, then there should have been unsuccessful holders these days. Most of the millionaires today got their best profit from their holdings that they have thought as shitcoins. We should just have trust for what we hold.

The fact is that millionaires and billionaires have already adjusted large requests for profits. And their low income is not interested, and they always seek to get even more money.