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Author Topic: Most of your coins are going to be worthless in years.  (Read 972 times)
Expecto
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May 29, 2021, 11:04:34 AM
 #21

Everyone knows that most of the coins in the market will be erased from the market in time. There are not too many coins which are really promising. Doing a detailed research is very important especially because of this.

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May 29, 2021, 11:17:47 AM
 #22

Everyone knows that most of the coins in the market will be erased from the market in time.
bitcoins runs for a long time but never gets erased in all exchanges .
they dont have expiratiom date but they will only get removed if there will be no demand coming from them .
really op ? but what if most of my coins are classic and not the new meme coins ? they cannot become worthless as time pass by but classic coins can only become worthmore  .
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May 29, 2021, 11:38:51 AM
 #23

This is depend on the trend of BTC and whole crypto markets, if the crypto market continue with the trend of bullish, alot of coins will be have potential go to new high. And for the long term, after bull season ended, then only some altcoin that will survive, this is according trend of market and the products each coins. For long term holding, BTC is safer than altcoin, because too many competitor for each altcoin.

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May 29, 2021, 11:39:05 AM
 #24

It has to be said. Its common sense. There are thousands of coins. Scamcoin, losercoin, Shiba coin. All real coins btw.

Yes there will be a couple coins that are very valuable in a couple years but the vast majority of them will be worthless.

Only coins that do things will be valuable. Coins that you have that are just there to hopefully go up on value so you can profit will be worthless.

Its like the dot com boom. You are betting on websites. Which website is going to get the most visitors. Most died.

Yeah, it is always said that at least 90 percent of the cryptocurrencies in the market is just thrash and they will just disappear at a point. So people should be really careful while investing into such coins (shitcoins actually).

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May 29, 2021, 11:42:45 AM
 #25

It's obvious that some coins with no value but only hype behind them won't be around in a few months. This is something that's far from new. You can look at the last bull run and see that only the coins with value and big budget were still around and even popped off during this bull run.

Without much of a prediction it is safe to say that all the meme coins will die along with most others.

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May 29, 2021, 11:46:54 AM
 #26

I think there is nobody who thinks in the completely opposite way. There are many scam or thrash projects in the market now. It is important to be able to sort those ones out. I always do my own research before investing into a new project.

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May 29, 2021, 11:57:25 AM
 #27

Yes, many coins will be useless. But at the same time, some give a good boost. The ones I sold are now much more expensive. So it's best to keep all the coins for yourself if you have other income.

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May 29, 2021, 12:02:11 PM
 #28

Everyone knows that most of the coins in the market will be erased from the market in time. There are not too many coins which are really promising. Doing a detailed research is very important especially because of this.
Yes, just like in projects in 2017 that totally vanished after the bear market even some of them are very promising to bring the crypto to different level but still didn't managed to survive in bear market due to short of funds throughout the years. Most of sh*tcoins will be vanished after this the bull run so it's very important that we know about this tokens have limitation. They are only being hype this season and memes tokens will also one of those tokens. We cannot guaranteed their worth in the long run. So if we're aiming for long-term and project that worth to invest, crypto that have great foundation and list between top 50 we should aim.

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May 29, 2021, 12:15:48 PM
 #29

Investors get it wrong to believe that some of the coins they Invested in will be sustainable in the long period, altcoins, except for a few are only pump and dump coins, and if you're looking for coins to hold for a long period of time, they aren't your best option, that's cause, their development isn't a continuous process.

The thing is just that quite a lot of investors are basically only after "getting rich fast", thus it's not about research, or long time sustainability for them but hype/pump, which can be counterproductive most of the time.
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May 29, 2021, 12:27:48 PM
 #30

Yes, many coins will be useless. But at the same time, some give a good boost. The ones I sold are now much more expensive. So it's best to keep all the coins for yourself if you have other income.
for long term investment its very suitable , just buy and forget at least for years and check it again later. just like dogecoin ,or another altcoin  which is rise extremely this year. if we have monthly income our psychology will not disturb although cryptocurrency price drop.
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May 29, 2021, 12:56:59 PM
 #31

There are so many new coins that we can have in the crypto community, there are so many companies that are offering their new tokens, some coins are promising to have a good future and some are not or just scam coins, before investing in a new coin you should make a research first, there are so many information that you can have upon searching that will make you know if this is really worth of investing.

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May 29, 2021, 02:43:12 PM
 #32

Yes, many coins will be useless. But at the same time, some give a good boost. The ones I sold are now much more expensive. So it's best to keep all the coins for yourself if you have other income.
What coins have you sold and are now much more expensive? because every coin that is stored must really have potential in the market, not just storing it, because many shitcoins are not suitable to be stored now.

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May 29, 2021, 02:48:47 PM
 #33

Indeed. Time will tell when they will fall to hell.
So what to do?
In case your bought coins like Doge, Shiba, XRP, or any coins with billions in volume pumped up, sell it.
Don't regret it if it goes up. There will be time a dump will happen again and you will feel good about selling early.
You bought it for a reason, profit. That's the plan, never sway to loving them or you will just hurt yourself.
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May 29, 2021, 03:15:55 PM
 #34

It's been happening since the ICO boom in 2015, back in those times hundreds of new coins are coming only to become dead coin after a few months and I don't think it's going to ever stop, because coins creation are open-sourced and there are a lot of platforms to create a token, scammers are going to create new coins every week to scam people, this is the time to do extensive research and educating yourself on what to look on a coin.

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May 29, 2021, 03:46:22 PM
 #35

It has to be said. Its common sense. There are thousands of coins. Scamcoin, losercoin, Shiba coin. All real coins btw.

Yes there will be a couple coins that are very valuable in a couple years but the vast majority of them will be worthless.

Only coins that do things will be valuable. Coins that you have that are just there to hopefully go up on value so you can profit will be worthless.

Its like the dot com boom. You are betting on websites. Which website is going to get the most visitors. Most died.
Instead of holding on to coins for long term I prefer taking profits when there is one so I don't care if a coin is shit or not if it can double or triple my ROI, the only crypto coin worth holding for years without any worries of losing your ROI is BTC and ETH

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May 29, 2021, 03:55:31 PM
 #36

Yes mate all the shitcoins will be worthless very soon. Their investors will not Invest anymore in these shitcoins and websites visitors will also slightly decrease. So I think we should not hold any shitcoin for long term. We should invest for a time and book our profit.

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May 29, 2021, 04:53:12 PM
 #37

It has to be said. Its common sense. There are thousands of coins. Scamcoin, losercoin, Shiba coin. All real coins btw.


That is absolutely true, but i want to restrict that statement or rephrase it to "all of your meme-coins will be worthless in a few years" probably even already in a few months and this is a good thing in my opinion. Those meme-coins took away so much volume and market-cap from "real" projects or projects with a use-case that it was very harmful for the whole crypto-market in my opinion and maybe even the main-reason for the falling prices that we see since 2 weeks. It is also true though that even some "good" projects will be dying in the next couple of years that is just how the market works and you also need a little bit of luck to establish your project successfully.
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May 29, 2021, 04:59:28 PM
 #38

Yes, shitcoins will be worthless in near future. I hope soon shitcoins trend will end at all shitcoins will be invisible from crypto market. All the good and promising project will be in this market. The reputation of crypto has decreased a lot because of Shitcoins. All thought now crypto has become gambling type.
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May 29, 2021, 06:29:14 PM
 #39

About altcoins we should know actually it is hard to predict how it's price in future. Not talk about coins that still on trend now which easily to get rugged, but some projects in past not all died already, i see some of them get pumped and i learned not all tokens is bad and worth to hold. But in personal, if want to hold a coins especially for years, i will pick big coins which is already in market.

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TopTort777
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May 29, 2021, 06:40:12 PM
 #40

Actually what is written in topic name is true. If  Bitcoin, number one crypto and most popular one is not adopted yet and not used as a regular payment. Then altcoins are far away from being used and demanded. Also, new alts appear everyday. They dont live long.

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