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April 16, 2019, 08:33:08 PM |
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Of course, that shit coins can not make a profit, but only take away our time and effort. To identify such coins from afar, lately, not only experience, but also developed instinct, even talent, is needed.
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Chikitita2004
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April 16, 2019, 08:39:25 PM |
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Well, I don't spend money to buy these coins that you are talking about, If I have them in my wallet it because I earned them from bounties or got from airdrops but they don't always bring profit. You are right most of them will just disappoint you but, if you are planning to invest in some of them you must be very careful in scrutinizing the background of the coin not just because they are listed with a good introductory price. You need to check how would be the possible future of the project that supports the coin.
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baeva2
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Activity: 728
Merit: 10
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April 16, 2019, 08:51:16 PM |
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The best way to invest in the main tested coins: Bitcoin, etherium and others. Then you won't be as disappointed as when you invest in little-known coins.
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cryptolidus
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April 16, 2019, 10:50:04 PM |
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Investing in shit coins is highly risky and we should invest only we are prepared to lose. They can provide
big profits on a hyped market but also they can go to zero on a bearish market. We always have to make
research on the coin what is it`s use case or it is only a pump and dump coin.
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Tyoks
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April 16, 2019, 11:04:10 PM |
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The best way to invest in the main tested coins: Bitcoin, etherium and others. Then you won't be as disappointed as when you invest in little-known coins.
the best choice for investing right now is to choose coins that have high electability in the market because they are trusted for their growth in the future even though the price has fallen very deeply. I don't think all of the less-known coins have a bad future, there are still a few other coins that are also good to invest even though they are less well-known and will usually be able to get a high pump. |
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abake
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April 16, 2019, 11:17:40 PM |
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Truth is, it's not so simple to know which coins will do well in the long run from onset, so it's not so easy to know which coins will turn out to be shitcoins per say. Nevertheless, with proper due diligence, one should flee away from coins with lame team and no project backings.
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minersday
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April 16, 2019, 11:37:52 PM |
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The only way you can be assure of making some reasonable profits from investing in shit coins is during the early stage of the listing of the coins. When you invest within the first period of the listing of shit coins, it is very possible to make a good amount of profit when there is a pump in the market value of the coin. But when you invest after several months of the listing of the coin, it will definitely disappoint you and you will end up losing your invested income.
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waynechong1995
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swing!
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April 17, 2019, 12:58:59 AM |
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Altcoins are for the luck, insider and some genuine people that have faith for their teams, otherwise it's all quick and go investor which doesn't support the price at all. you do the judge when you thinking its a shitcoin and let go asap. The fact is only a fraction among hundreds of projects would be successful early
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Innocant
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April 17, 2019, 02:43:22 AM |
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Yes shitcoins was to disappointed always because we hold this coins it cause we think this gonna be in lambo but in the end the prices was drop so much. So must better in the first place we sell it early than to hold.
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setialovers
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April 17, 2019, 03:14:49 AM |
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Altcoins are for the luck, insider and some genuine people that have faith for their teams, otherwise it's all quick and go investor which doesn't support the price at all. you do the judge when you thinking its a shitcoin and let go asap. The fact is only a fraction among hundreds of projects would be successful early
I dont think we should rely on luck. Many altcoin have a good project and perhaps good for bussiness. Blockchain technology give many solution for bussiness and i think good altcoin will survive and not altcoin are shitcoin |
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Aldrinx00
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April 17, 2019, 03:24:13 AM |
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I hope you learned your lesson because you already know it's a shitcoin but you still bought it hoping for a pump but unluckily got burnt. There are many useless coins out there that must be delisted from all exchanges but some still get be a victim buying those coins on decentralized exchange.
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batang_bitcoin
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April 17, 2019, 03:30:23 AM |
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Most of the alts are for short terms.
This is an advantage if you are a day trader and you see most of the opportunity with it. It's bad of most of your portfolio are into it, don't forget that you should secure your portfolio through having bitcoin and other stronger coins.
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emberbekas
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April 17, 2019, 04:20:17 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.
Indeed, there are shitcoins that are pumped when listed on exchange but for a limited time only and if we choose the right time to sell all our shitcoins, we might be lucky. But to hold it for a long period of time will certainly give us a great opportunity to be disappointed. |
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reynald70
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April 17, 2019, 05:19:17 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.
Indeed, there are shitcoins that are pumped when listed on exchange but for a limited time only and if we choose the right time to sell all our shitcoins, we might be lucky. But to hold it for a long period of time will certainly give us a great opportunity to be disappointed. Yes, most of the Shit coins were disappointing in the end, at the first time the price would be pumped, but after that they threw the price to zero, I had experienced it on several Shit coins. |
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Samboo
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www.thegeomadao.com
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April 17, 2019, 06:32:11 AM |
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Shitcoins will always disappoint investors no matter to what maximum level, they increase in prices for a short period. I know there are hundreds of coins in the market including good and shitcoins. And investors are lured into investing into them by increasing prices of such coins but for a short period of time. There is a trend of hyping such shitcoins so as to attract investors. But investors and bounty hunters should be aware of them and try to avoid them.
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veraro
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Harmony for One and All
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April 17, 2019, 06:43:17 AM |
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The main point is there is nothing safe about crypto. It is a big risk no matter shitcoin or not. Coins which one people called shitcoin other called good and perspective.Dont be greedy dreaming about millions. Better learn on someone else mistakes, not your owns. Invest in "shitcoins only money which you ready to loose.
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Botnake
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April 17, 2019, 06:45:16 AM |
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I hope you learned your lesson because you already know it's a shitcoin but you still bought it hoping for a pump but unluckily got burnt. There are many useless coins out there that must be delisted from all exchanges but some still get be a victim buying those coins on decentralized exchange.
We have to be aware of that, of the total number of altcoins in the market, only 10% or less are legit. That speaks that majority are scams and the risk is higher if you are investing in altcoins. . Bitcoin is dominating now because people trust it more than all the altcoins combined. |
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Caladonian
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April 17, 2019, 06:52:41 AM |
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Most of the alts are for short terms.
This is an advantage if you are a day trader and you see most of the opportunity with it. It's bad of most of your portfolio are into it, don't forget that you should secure your portfolio through having bitcoin and other stronger coins.
You need to have a good sets of plan, understanding the potential and analyzing if the patterned is already showing good signs, buying this type of assets is really risky but yet if you follow the right pattern you will also have a good chance to benefits, a matter of of well will you allocate funds as I agree with your statement, holding bitcoin and those stronger alts will definitely let you survived. Worse scenarios should also be anticipated, from that point you will easily overcome mistakes and you can lean with those right assets to cover up your loses. |
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ivanserfg
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April 17, 2019, 12:38:04 PM |
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I hope you learned your lesson because you already know it's a shitcoin but you still bought it hoping for a pump but unluckily got burnt. There are many useless coins out there that must be delisted from all exchanges but some still get be a victim buying those coins on decentralized exchange.
We have to be aware of that, of the total number of altcoins in the market, only 10% or less are legit. That speaks that majority are scams and the risk is higher if you are investing in altcoins. . Bitcoin is dominating now because people trust it more than all the altcoins combined. However, there are different tools for different cases, who want to keep their savings quietly in Bitcoin, who are willing to risk investing in other tools, not without reason, during the last spurt, the cue-ball was a bit lost in dominance from 55% to 50% |
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mv1986
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April 27, 2019, 08:47:35 AM |
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Most of the alts are for short terms.
This is an advantage if you are a day trader and you see most of the opportunity with it. It's bad of most of your portfolio are into it, don't forget that you should secure your portfolio through having bitcoin and other stronger coins.
That's a very mild circumscription for outright scams!  "They are for short terms"... |
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