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Author Topic: Shitcoins are complete shitcoins this time around  (Read 443 times)
PerfectCircle (OP)
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November 25, 2020, 06:34:37 AM
 #1

Don't go around packing some shitcoins to take advantage of altcoin season, I had a friend who is doing this presently thinking that the market will perform just like 2017 bull market where many shitcoins brings insane amount of profits for their holders, as you can see presently only top altcoins are benefiting the most out of the present bullrun, it's more about project's use cases and utilities, not some unrealistic Hypes anymore

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November 25, 2020, 06:50:29 AM
 #2

By the way, I also noticed that shitcoins do not grow at all, while such old and cool projects as stellar and xrp give huge growth percentages in a few days. Therefore, now I also invest only in worthy projects.
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November 25, 2020, 07:08:28 AM
 #3

Don't go around packing some shitcoins to take advantage of altcoin season, I had a friend who is doing this presently thinking that the market will perform just like 2017 bull market where many shitcoins brings insane amount of profits for their holders, as you can see presently only top altcoins are benefiting the most out of the present bullrun, it's more about project's use cases and utilities, not some unrealistic Hypes anymore

Well its a sign of mature market but still people like your friend, always exist because of greed and "believes"
I prefer the current market trend compare to the old one
It tells us that the Crypto market are becoming wise and not just people who dream of buying anything and get rich by dreaming

This situation clearly tells people that
Genuine, Legit project are here to stay
Copy pasted, Scam, PnD project will never last long because their tokenomic had flaws and their coin doesn't worth the value
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November 25, 2020, 07:21:15 AM
 #4

Hmm, I still have some doubt on this one OP, I know the current bullrun is different to 2017 bullrun but if Bitcoin achieves a new ATH this time won't the excess liquidity spread to low rated or shitcoins as well? There might be a light at the end of the tunnel for shitcoins too, who know?

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November 25, 2020, 07:21:56 AM
 #5

Smiley I've been through the same times, when i was hoping my shitcoin would increase and reach my expected value, but what happened gave me a lesson. Hope the shitcoin will increase in price when the altcoin season comes, instead if you want those projects to increase as expected, choose for yourself the projects that are really easy and capable as well as potential success in the future. I believe that if everyone researches and thoroughly learns about the market, we will not have to worry about the events happening in this market.

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November 25, 2020, 07:29:48 AM
 #6

There was a guy going around asking people to sell him their shitcoins, he was so ready to buy any tokens or coins that are 99% dumped in value, later I find out that he is preparing for altcoin season, this was before the pandemic started this year, unfortunately it doesn't look like shitcoins will pump because of this present bullrun, same thing happened in 2017 as many shitcoins brings better ROI than top altcoins, it will never be the same this time, just a hunch 

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November 25, 2020, 07:32:56 AM
 #7

Smiley I've been through the same times, when i was hoping my shitcoin would increase and reach my expected value, but what happened gave me a lesson. Hope the shitcoin will increase in price when the altcoin season comes, instead if you want those projects to increase as expected, choose for yourself the projects that are really easy and capable as well as potential success in the future. I believe that if everyone researches and thoroughly learns about the market, we will not have to worry about the events happening in this market.

I think you need to forget about it , you already name it as a shit coins so why do you think other investors or trader will buy a shit coins even we are in the altcoin season. they will choose other strong coins and those shit coins will be forgotten if the alt season started and even more of them will become dead and will not get any volume in that time.

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November 25, 2020, 07:36:32 AM
 #8

Am I forgetting something here? How will shitcoins become profitable due to bullrun season if no one is buying? It doesn't make any sense, I believe that the higher the demand the better the volume will get right? You don't need to be told to stay away from shitcoins, no one will buy them anyway, this isn't 2017 where FOMO makes many newbies buy shitcoins thinking they are good buy, things are way different right now

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November 25, 2020, 07:42:07 AM
 #9

I think shitcoins will not be gone here, instead they will be here as long as greedy people stays here in crypto business. And some of the projects are not easy to determine if it is a shitcoin or not, that's why We as a bounty hunters really need to be careful and wise too here
in this field of business.
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November 25, 2020, 08:19:44 AM
 #10

People still buys shitcoins wether you like it or not, if no one is buying shitcoins who are those investing on all those fake and bad DeFi projects? There are some useless projects through twitter, they have no websites and still people are investing on them, shitcoins can still bring something if you have them in your wallet, it's wiser to invest in top altcoins but shitcoins can still pump

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November 25, 2020, 08:19:58 AM
 #11

The crypto market will literally experience a bullish market next year just like we saw in the year 2017 but that doesn't make every altcoin we have in the market to be an investment option cause despite the market to be bullish some altcoin will quench off the market when the total bullish start and as the topic says "shitcoins are complete shitcoins".

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November 25, 2020, 08:23:56 AM
 #12

The crypto market will literally experience a bullish market next year just like we saw in the year 2017 but that doesn't make every altcoin we have in the market to be an investment option cause despite the market to be bullish some altcoin will quench off the market when the total bullish start and as the topic says "shitcoins are complete shitcoins".
I disagreed, shitcoins are different from dead coins, shitcoins are still been invested on by many people who don't know how to do research but relying on trying their lucks out, every year we always have thousands of new investors who always invest on projects blindly, shitcoins are still capable of creating FOMO and bitcoin Bullrun will saturated across the whole crypto market, this is how altcoin season works

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November 25, 2020, 08:27:39 AM
 #13

Don't go around packing some shitcoins to take advantage of altcoin season, I had a friend who is doing this presently thinking that the market will perform just like 2017 bull market where many shitcoins brings insane amount of profits for their holders, as you can see presently only top altcoins are benefiting the most out of the present bullrun, it's more about project's use cases and utilities, not some unrealistic Hypes anymore
Altcoins are shitcoins that are own and created by scammers and they all fall in price after birthdays. How they fall will be different by developers and their activities. Some projects die after few weeks, some live for months, some live for years but their price are not good after hype are gone.

Altcoin season is around but top altcoins are only altcoins that can help you earn and get less losses if something bad happens with the market. Do we all wait for Ethereum 2.0 that was delayed many times? It is all about to happen around us so why not take a look at Ethereum?

Take a look at top altcoins with https://coindar.org/ and add the altcoins that have events in near future and developers have something big to upgrade.

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November 25, 2020, 08:29:40 AM
 #14

Don't go around packing some shitcoins to take advantage of altcoin season, I had a friend who is doing this presently thinking that the market will perform just like 2017 bull market where many shitcoins brings insane amount of profits for their holders, as you can see presently only top altcoins are benefiting the most out of the present bullrun, it's more about project's use cases and utilities, not some unrealistic Hypes anymore
I guess it's not true at all but we will see that with the goes of time. it needs bitcoin to go to the peak price to be able to make the major coin market became stable and the traders will be starting to search for the new coins to be pumped. I have seen the pump that happened in 2017 and the pump will be last for a few months but this time the fundamental of bitcoin and other major coins look very strong.
The pump for shitcoin will not easily happen like 2017. The shitcoin needs also to prove themselves.

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November 25, 2020, 08:47:42 AM
 #15

Who am I to say that shitcoins won't do any good? Crypto is unpredictable as we all know so how can you guys tell if shitcoins won't pump too? Ive seen too many surprises in this crypto space before so I will like to keep my cool, if you are holding any shitcoins in your wallet just keep holding them, this altcoin season can open door to finally making some money of the shitcoins

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November 25, 2020, 08:49:27 AM
 #16

If you have considered it as shitcoin then i think there is no reason to convince investment, or just that you went through and bought the tokens of the project meaningless and you are waiting in vain. In this market there are a lot of scam projects created, and even projects that have bump dump.
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November 25, 2020, 08:52:17 AM
 #17

Don't go around packing some shitcoins to take advantage of altcoin season, I had a friend who is doing this presently thinking that the market will perform just like 2017 bull market where many shitcoins brings insane amount of profits for their holders, as you can see presently only top altcoins are benefiting the most out of the present bullrun, it's more about project's use cases and utilities, not some unrealistic Hypes anymore
Many don't need to start packing shitcoins because almost everyone as a shitcoin or two in their portfolio, some are made through bounties and some through airdrops, i myself have over 12 different useless tokens in my ethereum wallet, if altcoin season do come and these shitcoins atleast turn to few dollars I will gladly sell them off but I doubt there will be buyers
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November 25, 2020, 08:56:46 AM
 #18

Probably he is a newbie to crypto trading. Advise him on what to do and how things are done. People are getting somethings wrong about this current market frenzy, but I still believe it won't be like the that of 2027.
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November 25, 2020, 08:59:33 AM
 #19

I've came across a post on this forum and the poster claim that he made the highest profits from shitcoins, I don't know if same thing will happen this time but it's possible simply because we still have too many noob among us today, newbies still don't want to learn but always in rush to make money, they are the type of people who invest in shitcoins
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November 25, 2020, 09:12:17 AM
 #20

Don't go around packing some shitcoins to take advantage of altcoin season, I had a friend who is doing this presently thinking that the market will perform just like 2017 bull market where many shitcoins brings insane amount of profits for their holders, as you can see presently only top altcoins are benefiting the most out of the present bullrun, it's more about project's use cases and utilities, not some unrealistic Hypes anymore

This time only quality project like XRP, XLM, LTC, etc is going up like crazy. Investors are more matured now and they are not looking for something that will give them short-term profit. Most of the investors are looking for something that has enough potential for the future long run. Shitcoin will be dead anyway in this market.

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