[HODL] My shitcoin fund Aim is x100 minimum

[mindrust]

Just created myself a $100 shitcoin fund on binance.

I chose the most shittiest of shitcoins which are down %95+ from their ATH price and some arguably good ones. Let's see how much I am able to rip others off. Unless I see a parabolic rise I won't sell any of these. And If I see all going ballistic, that means the bull has come.


https://www.cryptocompare.com/portfolio-public/?id=432797

Chose 8 coins and put $10 on each. Actually put $10 on 7 of them but then I couldn't find a shittycoin with an incredibly high supply so I put the rest on BTT. Justin Sun's newest scam.

FAQ,

Q: Why haven't I bought shits like ETH, BSV, BCASH, IOTA, *XRP?
A: Even when I am shopping for shit, I try to buy them cheap. Those shits are still overpriced so I ignored them.

*Bought XRP at first but then I realized the mistake so I dumped it and got VET instead.

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[Gyrsur]

nice idea as I mentioned already. the new Satoshi Dice game.

[mindrust]

I regret buying Ripple. It is already too high against BTC. Gonna swap it to something else. I made a mistake there.

edit: Bought VET instead. Was down %99.95 from its ATH. Sounded like a bright idea. 

[Gyrsur]

I regret buying Ripple. It is already too high against BTC. Gonna swap it to something else. I made a mistake there.

what are the criterias in more detail how you'd choose a shitcoin?  maybe I do some own research on it and build a slightly different portfolio like you. my aim is to HODL all shitcoins together until nearly the burst of the next bubble which will maybe happen in 2021/22 2022/23.

EDIT: saw your post with the replacement of VET instead of XRP. thanks!

[mindrust]

I regret buying Ripple. It is already too high against BTC. Gonna swap it to something else. I made a mistake there.

what are the criterias in more detail how you'd choose a shitcoin?  maybe I do some own research on it and build a slightly different portfolio like you. my aim is to HODL all shitcoins together until nearly the burst of the next bubble which will maybe happen in 2021/22.

EDIT: saw your post with the replacement of VET instead of XRP. thanks!

I mostly look at this website:

https://athcoinindex.com/

If its down %95+ from its ATH its a great shitcoin with much upside potential. For example XRP was resisting against BTC just like ETH so I didn't like the picture there.

At best scenario, XRP can make a x10 profit which is not what I am after. I am after x100 even x1000 profits. x10 simply won't cut it. FUck that.

[Gyrsur]

I regret buying Ripple. It is already too high against BTC. Gonna swap it to something else. I made a mistake there.

what are the criterias in more detail how you'd choose a shitcoin?  maybe I do some own research on it and build a slightly different portfolio like you. my aim is to HODL all shitcoins together until nearly the burst of the next bubble which will maybe happen in 2021/22.

EDIT: saw your post with the replacement of VET instead of XRP. thanks!

I mostly look at this website:

https://athcoinindex.com/

If its down %95+ from its ATH its a great shitcoin with much upside potential. For example XRP was resisting against BTC just like ETH so I didn't like the picture there.

At best scenario, XRP can make a x10 profit which is not what I am after. I am after x100 even x1000 profits. x10 simply won't cut it. FUck that.

very nice. didn't know the site. but what are the other criterias because there are a lot of shitcoins which have a DD >95%. max supply?

EDIT: lol, you can build easily a large shitcoin bag with initial $1000. good advise is not become greedy. it's just a trial.  

[mindrust]

I regret buying Ripple. It is already too high against BTC. Gonna swap it to something else. I made a mistake there.

what are the criterias in more detail how you'd choose a shitcoin?  maybe I do some own research on it and build a slightly different portfolio like you. my aim is to HODL all shitcoins together until nearly the burst of the next bubble which will maybe happen in 2021/22.

EDIT: saw your post with the replacement of VET instead of XRP. thanks!

I mostly look at this website:

https://athcoinindex.com/

If its down %95+ from its ATH its a great shitcoin with much upside potential. For example XRP was resisting against BTC just like ETH so I didn't like the picture there.

At best scenario, XRP can make a x10 profit which is not what I am after. I am after x100 even x1000 profits. x10 simply won't cut it. FUck that.

very nice. didn't know the site. but what are the other criterias because there are a lot of shitcoins which DD >95%. max supply?

It is not rocket science. If it looks shitty, smells shitty, going down and went down like %95+, got a super high supply, got an army of shills on reddit, then it is shit. Stuff like BTT is another story though. I simply trust Justin Sun's scam abilities so I am pretty sure it will end up in top20 list pretty soon because you know Tron...

You won't be choosing the wrong shitcoins easily. Just pick whatever you like.   It is only $100 (in my case anyway)

Edit: I already got a $1000 shitcoin bag and It is formed by free stuff like BSD, BTX and LTC, XMR, RVN (which I bought with btc) and BURST which I mine. But I don't have too high expectations there because LTC and XMR is half of the coins and like I mentioned before their upside potential is no more than x10 (maybe x20) that's why I created this super mega shitcoin bag.

[Gyrsur]

here is an additional idea which I find interesting to try. don't just HODL instead actively manage the portfolio with Rebalancing. according to this article it should be more profitable than just HODLing.

https://hackernoon.com/rebalance-vs-hodl-a-technical-analysis-6f341b0db9cd

[sheenshane]

here is an additional idea which I find interesting to try. don't just HODL instead actively manage the portfolio with Rebalancing. according to this article it should be more profitable than just HODLing.

https://hackernoon.com/rebalance-vs-hodl-a-technical-analysis-6f341b0db9cd

When I was in trading before a year ago that is my strategy, not only by holding token but also monitoring with it, I installed blockfolio app on my mobile phone to easily monitor the price of what exchange it is. But I guess the token/coin(s) that you held might be profitable if you applied that kind of method.

[QuadsPoker]

Think this is a great idea and more people should try that with money they can miss for a longer time. By reading this topic I think im going to try it myself as well but a little different. I think im going to purchase 50-100$ in shitcoins as long as the market is down like it is now. I am going to keep purchasing shitcoins until the bullrun commences

[o_e_l_e_o]

I simply trust Justin Sun's scam abilities so I am pretty sure it will end up in top20 list pretty soon because you know Tron...

This is actually pretty solid logic. Tron is the crème de la crème of shit coins, that somehow has made it to the top 10 of marketcap. Justin Sun has less technical knowledge than most people here, which is why Tron's whitepaper and code were almost entirely plagiarized. But he is great at marketing to idiots. He pre-announces an upcoming announcement, where he announces that soon he will announces some new Tron development, and idiots go wild and Tron pumps 10% in a few hours.

Any coin he makes is guaranteed to be shit, but also fairly likely to be pumped. Definitely worth a $10 gamble.

[milewilda]

This is a good way to diversify if you have had a previous token which is on hold up until now. And if they do longed wish to buy altcoins that they do like before then it is now their chance to buy it since it was in the dip. Shitcoin is still a shitcoin no matter where you put them but at least some of them still has some potential to grow.

[HippiePyro]

I hope you keep this thread updated through the hodl! I've often wanted to make a purchase like this and see what happens lol. Good vibes to you and your hodls

[LUCKMCFLY]

I think it's a good idea, it's a bit safer because you know very well what they do in those Exchanges, at any time that PUMP will come that will give you a good Profit !! Just look carefully at the periodicity of the coins that give them your PUMP so that you do not take so long to collect your profit!

[Hueristic]

Watching for the lulz.

[electronicash]

Holo (HOT) is one hell of a coin to hold. there is a huge futre of this coin which is why i am also trying to keep mine. i'm done with ADA but its still considerabke since it drops terribly since the ATH. for Bittorrent i think you would have to wait til everyone had dumped.

[KnightElite]

I also bought a bags of shitcoins, there are many opportunities that we can get in the market. There are many people like me who are still believing that the shitcoins can go to moon someday snd that's why we are continuing to hold it.

[Caladonian]

A great idea for traders who doesn't want to watch the market, you can buy those coins who really skyrocket when the time of bullish then now giving opportunities to hold and wait for another bounce, as we don't know what when everything will move high again it's better to hold and enjoy after it happened.

Holding some ADA and trying to buy also some staking coins who happens to drop when bearish market overtake the trend.

[Jating]

I like the BTT shitcoin investment. 

I also invested on it a couple of days ago and was able to ride the waves. Although it has slowly going down, but I will continue to hold and let's see how Justin will influence the price just like he did on Tron.

[The Sceptical Chymist]

Let's see how much I am able to rip others off.

Yep, that's the name of the game with shitcoins and I guarantee you that if you manage to make a profit from your investment, the losers on the other end of the trade would understand your statement completely.  There isn't anything else these coins are used for except trading back and forth. 

Great way to test whether you can actually 'buy low, sell high' with coins that aren't worth the electricity used to maintain their blockchains.  If there was ever a good time to buy them, I suppose it would be now.  Good luck with the experiment and props for being smart enough for not going overboard with the dollar amount of your purchases.  I haven't even heard of about 3/4 of the coins in this list, and that's usually a litmus test for shittiness.