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.
Great strategy here, but even if all the coins are currently standing still, it doesn't mean the bull run is yet to come as many other coins (even shittier than the ones you chose) have pumped, so we can't really say there's nothing bullish, but it's just that they go high and come back to the levels they started from; so for bullish confirmation, all such coins need to remain stable after reaching high values.
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.
I'd rather choose 5 over 8 and go with $30-$50 in each of them with full confidence as their values are so deeply manipulated that oversold is what I'm seeing in each of these coins (be it a standard or shitcoin). Justin somehow influences the whole market by coming up with a new scheme every now and then, don't know how he convinces investors to put money in his stupid projects. BTT is surely going to rip off many pants after they put all their funds in it and then dump happens. I think this will be huge just like TRX and then, steal away everyone's money by dumping over those entering at highs.
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.
Saw that you bought HOT, but why not Pundi X?
This shitcoin lost more than 1/10 its ATH in BTC and ETH. It's a great and super cheap deal and the team is really hardworking and active, they don't let their users lose confidence out of it.
BSV or BCASH - Both are definitions of bullshit and I hate Bitcoin Cash badly after that conflict between those 2 mentally retard guys. ETH is good, but will take a lot of time to scale as well as gain in value, it's actually a risky one ATM in my views. XRP is such a bankshit that real Bitcoiners would never go for such a centralized crypto (it's not even a crypto IMHO), just leverage over it and earn, don't trade it over Binance, not much gains.