hridoyb
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March 24, 2019, 06:31:43 AM |
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I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.
I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.
We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.
The shit coin is so disappointed for anyone first of all most of the shit coin did not listen to exchange for a long time. Most of the time ico invest loss their money to invest their scam project and team member going to offline when they gets lots of money from the investor and you cannot find any update for their social media. I have some shitcoin which coin got from some bounty campaign and last one year there was no update so i thank Sec to verify and stop this fraud project.
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Robotbitcoin22
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March 24, 2019, 06:40:28 AM |
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therefore, stop investing or bet on shit coins or shit tokens which do not benefit us, because indeed today does not provide big profits precisely the risk of loss that we get
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imstillthebest
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March 24, 2019, 06:46:48 AM |
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...
The shit coin is so disappointed for anyone first of all most of the shit coin did not listen to exchange for a long time. Most of the time ico invest loss their money to invest their scam project and team member going to offline when they gets lots of money from the investor and you cannot find any update for their social media. I have some shitcoin which coin got from some bounty campaign and last one year there was no update so i thank Sec to verify and stop this fraud project. First of all not all sh*t coin are totally sh*t because not all dont have a value . some can a hidden gem like what happen to me last year when i was doing some couple of airdrops . i didnt expect to get a reward but one time i recieved a coin with a low value but after a month or two , the coin pumps up 10x times . i sold it for cold cash . Secondly , investors are not forced to invest on these ico's to get only a sh*t coin . and third , i dont think that sec can do something to stop the fraud . frauds and scamming are already part of our ecosystem . they cannot be totally combated . its only up to the user if he is wise .
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LUCKMCFLY
Legendary
Online
Activity: 2604
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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March 24, 2019, 04:06:34 PM |
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One must be very careful when choosing to invest in altcoins, because many do not have much development or have enough market capitalization, which leads to multiple falls until their value is negligible, the best thing to do is to investigate everything about of the currency and see which Exchanges are listed, and take into account if they incorporate new features.
It should also be taken into account, that the Bitcoin falls, will directly affect the price of the altcoin, so it should be taken into account that most times in the current market phase, which is accumulation, volatility is strong , and many claim that it is bearish but, the real reason is that all investors and speculators want to buy cheaper.
To increase the confidence in altcoins, it is best to follow or buy coins that are first in the top5 of coinmarketcap, only in that way investments will be much safer.
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aliceHortrex
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March 24, 2019, 04:13:03 PM |
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One must be very careful when choosing to invest in altcoins, because many do not have much development or have enough market capitalization, which leads to multiple falls until their value is negligible, the best thing to do is to investigate everything about of the currency and see which Exchanges are listed, and take into account if they incorporate new features.
It should also be taken into account, that the Bitcoin falls, will directly affect the price of the altcoin, so it should be taken into account that most times in the current market phase, which is accumulation, volatility is strong , and many claim that it is bearish but, the real reason is that all investors and speculators want to buy cheaper.
To increase the confidence in altcoins, it is best to follow or buy coins that are first in the top5 of coinmarketcap, only in that way investments will be much safer.
When you invest in Altcoins, analyze the level of liquidity and the social activity of the project / coin. I choose Altcoins only from the TOP-100 cryptocurrency market.
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irixo10
Full Member
Offline
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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March 24, 2019, 04:18:01 PM |
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Shit coins really taught me a lesson which is, go for a project with active community, team and products this way, you will comfortable at least to a certian extent. Shit coins will disappoint as it is their nature.
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dimonarka
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March 24, 2019, 05:12:48 PM |
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I would recommend that you try to diversify the risks of investing as it is much safer when investing in altcons, I understand that there are fraudulent projects and for which we lose money but there are not many of them.
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harapan
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March 24, 2019, 05:47:22 PM |
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"history is not intended for cowards" I quoted the words. but that's true, if we want to succeed, we must take risks
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Onuohakk
Member
Offline
Activity: 672
Merit: 29
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March 24, 2019, 05:49:46 PM |
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A very funny topic but still holds a good atom of truth the cryptocurrency world proves the opportunity for project to get in so we get huge number of coins(altcoins) coming in with so many being shitcoins which are rear to survive
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dipeco
Copper Member
Jr. Member
Offline
Activity: 210
Merit: 1
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March 24, 2019, 06:44:07 PM |
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Not always, but for sure at the beginning. You need to give a project at least a year, to understand if it worth it or not. There were a lot of coins that were useless but made x20 within just several days after some big announcements.
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raven7886
Legendary
Offline
Activity: 1512
Merit: 1041
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March 24, 2019, 06:48:05 PM |
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The best way to invest in shitcoins and maximize your chances of making some reasonable amount of profit is usually by buying the coin during its ICO period and selling them immediately they are listed on an exchange platform. This strategy reduces the risk for loosing your invested income.
Many token or coin price drop after listing because bounty hunters and investor dumping their token. Invest in legit coin is best option to reducing risk on our investment. Invest in crypto already high risk, its better not adding more risk by buying not legit token or coin You can then agree with me that investors and hunters are to be blamed for this with these actions. What else do we expect, a project that has managed to enter exchange and probably because the hunter wants to reap the fruits of his labor on such project, rush to dump the coin which majority of them even sells lower than the price in the market, by doing so, we have already affected the upward price trend and except a genuine big investors comes in to hold the coin for a very long period of time, we might not see a significant rise in value of the coin in the open market but it doesn’t mean that the project in real life has stopped developing.
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letyouearn
Legendary
Offline
Activity: 1722
Merit: 1014
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March 24, 2019, 07:00:37 PM |
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I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.
I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.
We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.
With this logic you'd better go and trade fiat, lol Bitcoin is risky but profitable enough to take this risk. Altcoins are even more risky and much more profitable than bitcoin sometimes. So, you are free to play with them if you want.
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sana54210
Legendary
Offline
Activity: 3346
Merit: 1128
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March 24, 2019, 08:09:34 PM |
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Of course, shitcoins will always disappoint, I don’t think we have ever had any history of shitcoins that has never disappointed, shitcoins is a game of luck, and quite risk to invest in them too, though strategy can sometimes work when trading with them but you still have to be very careful and study the project we are investing too, at least from the whitepaper and their ideas, we will be able to tell if such project will make waves from the beginning before dying down.
It is not that most of these shitcoins purposely want to become shitcoins, some of them came up with really good projects but they lack the management of it, these are the types that can give one huge profit from the beginning before it gets dumped.
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yobo2020
Jr. Member
Offline
Activity: 156
Merit: 2
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March 24, 2019, 08:29:16 PM |
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For you to make more profit you have to take risk , you can always be the first one to make that huge profit that is why you have to make fast decision. Sometimes shit more bring huge profit that already know coins.
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dawai asmara
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March 24, 2019, 08:53:21 PM |
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A very funny topic but still holds a good atom of truth the cryptocurrency world proves the opportunity for project to get in so we get huge number of coins(altcoins) coming in with so many being shitcoins which are rear to survive
very reasonable because there are so many projects scattered here that it is natural that the number of projects that fail is also a lot. but we don't need to be too disappointed because there are many good projects, it's just hard to find them so we have to be more careful and patient.
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Ultimist
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March 24, 2019, 09:03:56 PM |
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Investing in crypto always involves risks. I, too, as the bought coin, which when the was successful and enriched many people. In the end, I failed because I didn't do the proper research.
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cryptolord2077
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March 24, 2019, 10:08:37 PM |
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Well, on the one hand, I agree with your statement, but it is obvious that the entire crypto market can disappoint anyone. This is just a field with an extensive number of possibilities, with the wrong approach you will be disappointed at every step.
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mrdeposit
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March 24, 2019, 10:14:40 PM |
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Investing in crypto always involves risks. I, too, as the bought coin, which when the was successful and enriched many people. In the end, I failed because I didn't do the proper research.
And that is why losing money is entirely your fault. The decrease in the number of good projects already increased the number of scammers. And not doing deep research about the project will cause you to lose.
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shesheboy
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March 24, 2019, 10:20:40 PM |
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Investing in crypto always involves risks. I, too, as the bought coin, which when the was successful and enriched many people. In the end, I failed because I didn't do the proper research.
And that is why losing money is entirely your fault. The decrease in the number of good projects already increased the number of scammers. And not doing deep research about the project will cause you to lose. If people will only buy bitcoin and etherium or just any other top coins im sure that no one will got scammed , we can all earn a profit not only that but you are also supporting the crypto community to improve more while investing in those unrated/unkown coins wont give you any benifit. You are only helping the scammers to get rich quick and you are also helping the reputation of crypto to go sink .
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radjie
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March 24, 2019, 10:23:12 PM |
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therefore, stop investing or bet on shit coins or shit tokens which do not benefit us, because indeed today does not provide big profits precisely the risk of loss that we get
many people expect to make a big profit by buying one of the good tokens to invest, but on average for now almost all newly launched tokens don't have high value, many of them even become types of junk coins that have no value at all on the market maybe when the price of Bitcoin can increase sharply there will be many valuable tokens that are suitable to invest, but for existing shitcoin it will not change its value if the project does not have good growth
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