Most of your coins are going to be worthless in years.

[fortunecrypto]

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.

It's always been that way the mass majority of coins in the market will soon die, it's a continuous purge of the market, developers keep creating a coin according to the trend in the market, and when that trend ended, that's the end of the life of the coin, coins that are not in the top 100 for a long time will soon become part of the purge so always check the spot where the coin that you've invested in the market.

[crazy-pilot]

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.

The same thing was repeated by people in the most difficult time a few years ago, namely during the bear market.
And in fact, many projects simply died, while the strong ones remained. However, what did all this lead to? That's right, to create even more trash coins that will also die out next winter.

[dndfinance]

True. That is why it is a good idea to buy at least large cap coins/tokens. Not a financial advice.

[Kasabus]

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.

The same thing was repeated by people in the most difficult time a few years ago, namely during the bear market.
And in fact, many projects simply died, while the strong ones remained. However, what did all this lead to? That's right, to create even more trash coins that will also die out next winter.

People come and go just like coins these days may possibly wiped out in the future. Even potential coins nowadays will turn into worthless if people stop supporting them. But for bitcoin and ethereum, since they got the all time support particularly from those big institutional investors, they might still live for more long  years.

Since this is bound to happen, then it would be more practical to invest only on the amount you can afford to lose. And be more careful in choosing which coins to invest to avoid losses and creating regrets in the end.

[Argoo]

Yes, it's possible that in a few years, most of today's cryptocurrencies will be useless badges in our wallets. Therefore, now we need to decide what we want. It is possible to profit from short-term price increases due to the hype for useless cryptocurrencies such as Dogecoin. You can bet on the long-term storage of cryptocurrencies, the demand for which will grow over time. It is quite difficult to identify these types of cryptocurrencies. Over time, we will still have to make our own adjustments to the value of the prospects of cryptocurrencies, because they develop very quickly and what seems to be an unsurpassed masterpiece after a certain time may lose interest in investors.

[Koutami]

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.

Yea, new project will be more interested for investor, the new project will have journey to found the true price (no ressistance and support created yet).
But i believe that a solid project will not be worthless, as long as the team and community not abandoning it.

[xiboothrezi]

We don't have to warn them, even newbies behave as if they know better right now simply because it looks like bear market isn't ever coming so they keep hoping that shiba coin and other meme coins turn them into millionaires, they are literally scam projects that won't survive a week with real bear market

at least this can be a big lesson for those who want instant profit without thinking. I do not deny that many new coins or tokens are pumped big beyond old coins or tokens that have better potential and functions. but look at some more time, where are all those shitcoins?
The choice is in the hands of each, want long-term or short-term investment. Shitcoin is just a pump and dump scenario, it's better to hit and run if it's profitable, for the long term you should choose a coin or token that actually works.

[ingiltere]

This is pretty much experienced before, people that got in crypto currency market in previous cycles already learned that the hard way. There are some major altcoins that survived all those crashes and bear market but because they serve purpose in the ecosystem. We saw too many coins with big volume at some point died slowly, big exchanges gone, it always changes. New technology and new needs brought us new coins, most of the existed ones stop being developed. It's very hard to pick which coin to stay in ecosystem 5 or 10 years later. That's why when we put our hard earned money into crypto currencies we have to be aware of risks and don't put all eggs in one basket.

[CaVO32]

This is pretty much experienced before, people that got in crypto currency market in previous cycles already learned that the hard way. There are some major altcoins that survived all those crashes and bear market but because they serve purpose in the ecosystem. We saw too many coins with big volume at some point died slowly, big exchanges gone, it always changes. New technology and new needs brought us new coins, most of the existed ones stop being developed. It's very hard to pick which coin to stay in ecosystem 5 or 10 years later. That's why when we put our hard earned money into crypto currencies we have to be aware of risks and don't put all eggs in one basket.

This is very true. Remember those eth tokens airdropped every now and then. They are now useless tokens sitting in your eth wallet. And definitely, this will also be true to most alts. If you are not careful with these coins, you will end up bag holder of worthless coins. So as much as possible, convert those new alts to top currencies like btc or eth. At least, the chance that they will still be here few years from now is very high. When the devs of the coin decided to disappear, there's no miracle that it will survive in the market.

[bitbollo]

Unfortunately this is a sad truth. People thinks that just some coins are able to make a big pump so why not?
But it is really possible? I have posted several times when discussed about this argument, but take a look on my experiment below.

I have taken the first 1000 "suggestions" from this topic
https://bitcointalk.org/index.php?topic=2106360.0 "The next 100x or 1000x coin",
(people here trying to guess/suggest the coin that could receive a big pump during end of 2017 early 2018)

Result have been shocked... at December 2020, after 3 years, I get following results:
13,18% Reported a positive evaluation.
10,83% Reported a 0 (total loss)
75,99%the others just negative results (prices go down).
= 86,82% of coins get a negative results or totally crashed.

(full post here https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq )

I will run again my script just to check the price for June 2021 and December 2021.
Most of coins hyped during these days will have the same bad return in a medium-long time frame.

[wheelz1200]

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.

Exactly these are mostly just clone coins meant to make the "developers" more bitcoin that is all.  Like all schemes little people will actually make money but most will be fleeced to enrichen a small few.  Steer clear and keep most of your money in bitcoin.  Anything else and it will be just another sob story thread in the next hard bear market.

[karungbitcoin]

In bearish market on 2018, I have seen a lot of altcoin dumped more than 90% and in this bull season, its not all of them survive and going to new ATH. This is according to their each fundamental and use case. That mean, to minimize the risk, always buy altcoin that have working product and strong community. Avoid FOMO and use stop loss if we want to buy in high price.

[Bohdan820]

In fact this is already happening now it's just that most holders refuse to believe it because they think that the price will still rise for some reason.
Selling some of the coins at minus now by 50% will not be a bad idea.
It will only get worse.

[warg2017]

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.

You're so right. A lot of the coins i got for bounties and airdrops in 2017~2018 are worthless now.I am so so so regred now, at that time some coins are still worth a lot of money, but now they just only can quietly lie in my wallet.

[koang]

Only coins that do things will be valuable.

That's the important point

Smart contracts are the future and Platforms that have the most active developers in creating applications
with significant utility for their users will have a bright future
Invest in use cases not just because of the speed and cost of using them. IMO

[tvplus006]

There are literally hundreds of coins in the market. And it is very obvious that most of the those coins are shitcoins that will die soon. Most people know this, but they still invest in those coins. Just in case they get lucky. You either make some quick profit or you lose everything. Look at the market few years ago. See how many of those shitcoins survived. Almost none! Hence, if you are planning to hold long term, make sure you hold coins that are well developed.

Most of the new coins on the last correction of bitcoin and, accordingly, the entire market, lost up to 80% of their value. It is unlikely that they can grow by 800% in the near future, given the uncertainty that currently exists in the market. Even if the market continues its bull run, many of these coins will no longer increase in value.

[pinoycash]

There are literally hundreds of coins in the market. And it is very obvious that most of the those coins are shitcoins that will die soon. Most people know this, but they still invest in those coins. Just in case they get lucky. You either make some quick profit or you lose everything. Look at the market few years ago. See how many of those shitcoins survived. Almost none! Hence, if you are planning to hold long term, make sure you hold coins that are well developed.

Most of the new coins on the last correction of bitcoin and, accordingly, the entire market, lost up to 80% of their value. It is unlikely that they can grow by 800% in the near future, given the uncertainty that currently exists in the market. Even if the market continues its bull run, many of these coins will no longer increase in value.

Yes, only those coins/tokens with real use case will retains its value. While all others that only offers pump and dump opportunity will be forgotten. Majority of tokens in 300+ rank in CMC are almost worthless and with non-existent volume.

[btcltcdigger]

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.

These are all scam moneygrab coins with no real fundamentals.
If you want to preserve value, choose solid proven projects, not meme bullshit

[inanilujimi]

that's how the crypto world is, only quality altcoins will continue to exist in the market, the rest will be destroyed by time because they don't have updates for requests that occur in the market. if the altcoin cannot take advantage of the opportunity it will be left behind and eliminated.

[TWW]

if this year a lot of shitcoins start to collapse in price it is a normal nature because of the influence of the falling price of bitcoin so that it has a lot of bad effects on other coins but one day the price will definitely recover as has often happened. so I think you have to be patient when stuck in high prices.

conversely, we can also see how shitcoin starts to increase in value when bitcoin is in a bull run. but if there is a decline like today, a lot should also be red in the market.
most of the shitcoins can't even be sold on the market anymore because they've been removed from the list of certain exchanges. After all, there aren't enough trades.