Malsetid
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April 03, 2019, 01:10:10 PM |
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Working with shit coins is always risky. Because it’s more likely you’ll lose everything. But there is also a small percentage that all the same you will manage to earn something.
Lol. There's a reason why they're called shitcoins. I don't understand why there are even people who gamble with these coins with the hooes of someday they'll get value. These coins are like parodies to btc and all other legitimate alts. Bogus tokens made by greedy scammers who don't really have any real vision for their projects.
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trudovik
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April 03, 2019, 01:20:00 PM |
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This is the right position, but the most important thing is how to correctly identify these most terrible projects that will disappoint people. I think that this whole thing is not amenable to research.
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pundit
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April 03, 2019, 01:34:12 PM |
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Thats true, instead of investing in any new altcoin its better to invest in already established coins like BTC, ETH,BCH etc but higher is the risk higher is the reward. Sometime price of a new coin increase 10 folds in no time. I remember Feb 2018 when my crypto balance was around $10K and market started decreasing by the May 2018 end my balance decreased to around $700 and with that I went for NPXS purchase with that amount, in June 2018 my wallet balance recovered $9K although NPXS again depreciated to previous low but still I could have withdrawn my lost amount. If project concept is good and team is dedicated we can earn more in any altcoin.
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rawdog11
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April 03, 2019, 01:37:13 PM |
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The title truly says it all. They've been given the "nickname" of shitcoins because they're not backed by a real team of developers who want to help crypto. Most are people trying to say "hey look a coin it does stuff buy it!" which makes the owners money on a pump.
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Adriano2010
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April 03, 2019, 01:38:36 PM |
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Yes always shit coin will fail and most people will lose money, if we know for sure which coins are shitcoins or scams there will be a better world for crypto, so i will never invest on some new coins or ICO for now.
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bolshojkush
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Binance #Smart World Global Token
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April 03, 2019, 01:41:31 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.
Well it is the risk on investing in new coins . We don't know if they would survive or would make a great name in the crypto world. We invest because we believe in their potential . That is why many people advise to throw off new coins immediately after listing at the peak of growth and move on to new projects. And if the project shows itself in the future, you can return to it. Although it may be very late and he will fly to the moon without you.
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mersal
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April 03, 2019, 01:42:43 PM |
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Every time we are getting a failure it will teach something to us a new lesson so we need to keep that in our mind and don't do the same mistake again it will be enough for the next investment and this will say like this failures are the stepping stone to success keep in mind it will give you confident about your next investment.
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0t3p0t
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April 03, 2019, 01:43:37 PM |
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Shitcoins will be shitcoins. You can potentially make money on shitcoins though, through trading them. I personally hold a decent amounts of shitcoins, not because I think they will succeed, but to hopefully be able to profit off them to hopefully increase my bitcoin stack. I just make sure to not hold them for too long. But yea, for long term? Bitcoin is still the way to go.
I definitey agree. Who knows whether that shitcoins we are laughing at will fight just to survive and the result can be disappointing as we don't expect something like that. I actually have a lot of shitcoins on my wallet and I don't even think of them so I just leave them on my wallet and see results after a week or a month but that is not guaranteed to happen. The only solution to this is to continue to collect the what we called shitcoins and we will wait for harvest if some of them will survive the struggle.
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znation
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April 03, 2019, 02:09:16 PM |
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If you take advantage of your knowledge, playing SHIT COIN will make you a bit of profit in this worsening market. But don't be foolish to rush into SHIT COIN to get a bad deal.
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horrifiedx1
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April 03, 2019, 02:20:06 PM |
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Shitcoins will be shitcoins. You can potentially make money on shitcoins though, through trading them. I personally hold a decent amounts of shitcoins, not because I think they will succeed, but to hopefully be able to profit off them to hopefully increase my bitcoin stack. I just make sure to not hold them for too long. But yea, for long term? Bitcoin is still the way to go.
I definitey agree. Who knows whether that shitcoins we are laughing at will fight just to survive and the result can be disappointing as we don't expect something like that. I actually have a lot of shitcoins on my wallet and I don't even think of them so I just leave them on my wallet and see results after a week or a month but that is not guaranteed to happen. The only solution to this is to continue to collect the what we called shitcoins and we will wait for harvest if some of them will survive the struggle. by collecting a lot of shitcoins in the wallet, of course there will be more opportunities for one of these shitcoins to pump. It is true what you are doing, not paying much attention to it, of course the time for harvest will not come.
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Viper_Unleashed
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April 03, 2019, 02:35:35 PM |
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True every now and then we have seen fomo(specially on binance) every alternate days some coins going 100X and finally the dump occurs and many novice traders get caught.Its always better to do your own research and wait patiently for a better opportunity,crypto- market is very volatile and we had already seen so many scams being pulled out and market makers aka whales are playing the market right from the start.choose wisely and stay safe.
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leslie4u
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April 03, 2019, 03:02:33 PM |
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There are a lot of coins launched every day and you need to be careful where you are investing your hard earned money. The buzz is always POS/POW/MN, gone is the era for MN now because it is something that every coin is currently offering.
From what I have seen, these altcoins will list on some exchange after few weeks of launch and then big whales would cashout and that's the beginning of the end.
So do your due diligence for sure.
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BADBITCH
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April 03, 2019, 03:28:38 PM |
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There is a single moment when Shitcoins does not disappoint
It is during the pump and dump schemes, If you can get the right Shitcoins ; and you invest in it ?
The pump will be massive beyond your imagination
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bxipp
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April 03, 2019, 03:33:13 PM |
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There is a single moment when Shitcoins does not disappoint
It is during the pump and dump schemes, If you can get the right Shitcoins ; and you invest in it ?
The pump will be massive beyond your imagination
I still remember when i join an airdroo of shit token it when pump up and i gain a big hit. Miss that day when we all think shit tokens has no value. Sometime it got values if scammer know how to bring it on exchange and make a pump and dump scheme. I will sell it fast and collect the profit for yeah. Stay away from this dump and pump scheme as we all do not want to hodl this shit token for to long.
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masterrex
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April 03, 2019, 03:44:59 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.
We must consider that in these kind of "market situation", most of the new listed coins/tokens are experiencing hardships in terms of market trading price,volume etc. even the existing platforms on the market is also experiencing difficulties thats why its not reasonable enough to "brand some new listed coins/tokens or platform as a shitcoin. until its not proven yet, cryptocurrency is a gamble thats why everyone must aware of it.
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Oceat
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April 03, 2019, 03:54:40 PM |
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Well, I have shit coins from years of collecting them, thinking that it would grow by holding it up until now but I was wrong. There's a limit of holding it and I just missed the plane of selling it. Though there's a little bit of regrets but it doesn't matter now since it's in the past. A little tips from those who likes to collect airdrops, be sure that they will grow in the future or else you will all be holding the same bag as mine. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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3996
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onrise
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April 03, 2019, 04:04:31 PM |
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Well, I have shit coins from years of collecting them, thinking that it would grow by holding it up until now but I was wrong. There's a limit of holding it and I just missed the plane of selling it. Though there's a little bit of regrets but it doesn't matter now since it's in the past. A little tips from those who likes to collect airdrops, be sure that they will grow in the future or else you will all be holding the same bag as mine. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If some of the coins which has demand and will have demand due to its unique features than it will be great coin aand it will rise and grow in coming time as wel . So holding such coins is helpful else it is better to sell and make capital safe rather than losing in such coins .
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r_delossa
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April 03, 2019, 05:18:16 PM |
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I think that right now some owners of shitcoins have got some profit, because the market starts to recover. It does not matter how bad a coin in your opinion is, the point is that even such coins, can bring you money on the raising market.
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kidoseagle0312
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April 04, 2019, 01:20:12 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.
In every coins or altcoins that We are going to buy here in crypto currency, always remember in every form of investment here We will do it at our own risk. Also, if we know it is a shitcoins and yet you still buy it, it means you are relying on your luck or putting your capital in danger. In short as a risk taker you must accept that you are a looser before doing it.
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Coin-Desk
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April 04, 2019, 01:27:26 AM |
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Yes, I know that Shit Coins Will Always Disappoint. Shit coins are very annoying. It is very difficult to understand when the prices of shit coins will increase. But most of the time the price of Shit coins decreases. But yes many people have made a lot of profits by investing in these shit coins. I always avoid shit coins. Because once I invested in Shit coins, I lost a lot of money. So from now on, I am 100 hands away from Shit coins. Because it is very difficult to earn profit through them. It is very very difficult to know Shit coins price will increase or decrease. So it is better not to invest in these.
Thank you
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