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Author Topic: Most of your coins are going to be worthless in years.  (Read 972 times)
DrBeer
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June 17, 2021, 05:57:01 PM
 #101

What you describe is not a "miracle" or "surprise". Today, the crypto market, and tokens as the main product of this market, is CHANGING very dynamically. The dynamics of changes in the crypto market is enormous, and hundreds of new technologies and tokens appear in a year. And as a result, some go to the bottom, others occupy their own niche, others are actively growing and give new sprouts of new technologies. Or even more understandable - now the first active stage of evolution is underway, when only a few out of a multitude of "species" survive. And this will continue until a certain period of stabilization of the crypto world. But when it happens - that's the question!

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June 17, 2021, 06:32:04 PM
Last edit: June 17, 2021, 08:01:47 PM by flagpara
 #102

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.
I believe now we have so many haters of Dogecoin, but Dogecoin is still in the top altcoins since it was launched. Strong projects can easily gain a good community and exchange in a short time. Sometimes we are looking for a very low prices altcoins where we forget about the volume.

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June 17, 2021, 07:52:57 PM
 #103

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 right because I have a lot of worthless coin in my wallet, there is more than half Million others are hundred thousand above. It can't be use anymore and just a decoration in my wallet and remembrance in such coin. That's why if you want to invest, always be careful and learn it very well so that it will not become useless in the future.

The chance to continue progressing is slim for those coins who don't have much support from the community, eventually they will die and be forgotten,

Remember that if you are into investing always look for the usages and what  addition  the coin you are supporting to the entire industry, if there's none be aware that even the project is hot now if that is unsustainable it will die without any community supports,

Developers also have the influenced, best to check their résumé if how good they are within the business.



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June 17, 2021, 08:02:08 PM
 #104

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.

I think you are right. Many coins will really fail and lose their value. This is due to a number of factors. For example, some of the coins are simply useless and will be quickly thrown away after the creators receive any real assets. Another factor is insufficient funding or launch problems. This is another part of the coins, which seem to be promising, but due to the lack of professionalism of the team and lack of funding, they can simply leave the market. Well, the third factor is that new, more attractive coins with practical application and excellent financing appear on the market, they are crowding out another part of the coins. The strongest wins in this.
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June 17, 2021, 08:07:36 PM
 #105

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 stated enough fact which is of course true, and the funny thing which is also true is that, a lot are getting worthless already without even lasting for a year, this is already seen on coinmarketcap as well as in personal wallets. The truth has to be said and you did it correctly, it is now left for anyone to chose what works for him.
Talking about what works, many people of course made gains from the numerous shitcoins which pumped, and where many gained a lot of people also lost.
The worst part of the whole scenario is that, many are also holding most shitcoins with a long term view, without knowing that, they might not even last and as well, the current market conditions has dealt with a lot of them. So in all sincerity, let's learn to hold good coins for long term, coins whose team are committed to their long term goals, through this way, we can be assured we are on the right path.

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June 17, 2021, 08:13:12 PM
 #106

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.

I am pretty sure that when Bitcoin starts to spike its price value in the market, probably majority of the shit coins will pump their price value in most of the exchange site platform. And this scene was being done for a couple of years and even up the present time now. So, as an individual traders here in this type of business we really need to become wise and careful in terms of investing any of the altcoins.
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June 23, 2021, 04:07:28 AM
 #107

Only Bitcoin and afew other highcap altcoin is more safe for long term investment than any low-medium cap of altcoin. So if we decide to holding coins for a years is better pick BTC, and others altcoin only trade it for profit then left it. There are alot if others instrument of asset with lower risk than altcoin like Gold and high cap stocks. I been make research for alot of old altcoin, and in this bull season the price still in the bottom so very risk to make invest in altcoin for long term.

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June 23, 2021, 06:58:18 AM
 #108

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.

The many coins and tokens I have are also worthless, the main factor is the devs. there is no serious plan and action, when the price skyrockets (maybe they pump self) then they immediately sell and when they get the profit according to the target then they prefer to create a new project rather than take care of the previous project.


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June 23, 2021, 12:55:27 PM
 #109

You're right because I have a lot of worthless coin in my wallet, there is more than half Million others are hundred thousand above. It can't be use anymore and just a decoration in my wallet and remembrance in such coin. That's why if you want to invest, always be careful and learn it very well so that it will not become useless in the future.

I think that your collection of useless coins will be replenished with new samples after the last dump of the cryptocurrency market. A lot of altcoins have lost up to 90% of their value and the expectation that the price will return to its previous values, at best, can take several years. But most coins will never recover in value.

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June 23, 2021, 02:23:19 PM
 #110

Only Bitcoin and afew other highcap altcoin is more safe for long term investment than any low-medium cap of altcoin. So if we decide to holding coins for a years is better pick BTC, and others altcoin only trade it for profit then left it. There are alot if others instrument of asset with lower risk than altcoin like Gold and high cap stocks. I been make research for alot of old altcoin, and in this bull season the price still in the bottom so very risk to make invest in altcoin for long term.

Some of my meme tokens went up in value, i guess it goes up because bitcoin recover from 29k and fly directly to $35k in one night. I guess in a few days i will unload everything i have and start focusing on hicap tokens or market for much safer investment.


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June 23, 2021, 03:50:34 PM
 #111

Even before I have a lot of coins in my wallet with out any value and worthless. Now that there are so many different projects rises from nowhere, we can expect more worthless coin in crypto market as the time goes by. All we need to do is to become careful in choosing a coins to buy and invest.

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June 23, 2021, 07:53:10 PM
 #112

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.
I'm actually really concerned about newbies who are trapped by shitcoins like shiba...

there are many who bet their money on meme tokens as if they are gambling. the best cryptocurrencies will not give you a big profit overnight because it has the potential to give you a loss overnight too. stay away from token memes and invest in coins that already have a great reputation and real use.



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June 23, 2021, 08:01:33 PM
 #113

Many coins in my personal wallet which already turned into shit coins because when management team swapped some coins into new one ,I didn't notice and all my old coins now valueless.

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June 23, 2021, 11:10:15 PM
 #114

Many coins in my personal wallet which already turned into shit coins because when management team swapped some coins into new one ,I didn't notice and all my old coins now valueless.
its your mistakes if didnt find and update about token swap from developers team. the first rule in crypto market when you hold some coins was always join in their chat group , there are important discussion about project developtment. Some project maybe swap their token , and holder must know about it. Usually they will give time line for is , and if you dont know till the end its really big mistakes.

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June 23, 2021, 11:18:27 PM
 #115

Many coins in my personal wallet which already turned into shit coins because when management team swapped some coins into new one ,I didn't notice and all my old coins now valueless.
its your mistakes if didnt find and update about token swap from developers team. the first rule in crypto market when you hold some coins was always join in their chat group , there are important discussion about project developtment. Some project maybe swap their token , and holder must know about it. Usually they will give time line for is , and if you dont know till the end its really big mistakes.

yes, that is being a responsible holder. if you invest significantly on a particular coin, it is your choice how to manage such investment. and to secure your portfolio, you need to keep up with their updates before it is too late. it is not the dev's fault if they are giving announcements regarding the swap and the schedule, and yet, you missed it.
but the situation of having tokens or coins becoming worthless- i have seen that in my eth tokens before. didn't sell them because was hoping that they will be valuable in the market, turned out, only few of them made it and almost all of them went down the drain.
so right now, better invest in top alts with strong use case, that you know they can survive even after few years in the market.

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June 23, 2021, 11:27:43 PM
 #116

I don’t think so. If the bearish trend lasted more than 5-10 years, then most of the coins would definitely turn into trash and disappear.
BUT we have cyclical bull races that allow any old and new scam to both revive and reappear.
That can be possible and is possible also that only Bitcoin and ETH just left around, and the rest are dead. But, I never think that going to happen, because in that case, early as 5 years, investors are leaving in crypto already. Of course, there is no sense in staying in crypto if we see no gains happening, I'd better look outside where I can make use of my money and wait for the returns ( as possible).

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June 24, 2021, 04:56:38 AM
 #117

It goes without saying. Listen, a look at the coinmarketcap says many coins are dropping in per day. Most are plain crap. Some are just repetitions of others. They would die off slowly and surely
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June 24, 2021, 05:01:05 AM
 #118

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.

A few years ago, I remember that there's a few coin with a good project are develop and launched in the market with a good price but lessthan a year these project are dead, now it's our choice to choose a good and stable project, that's why I'll always suggest to go to some good defi project like sushi and pancake, these project made for long term and you can also earn a real passive income by staking cake and other coin inside their platform.
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June 24, 2021, 09:23:54 AM
 #119

The one things I've learned in crypto space is riding the waves when available, if DeFI is rocking then rock along, if NFT is rocking then rock along and when things start looking weak just exit, I warned many when BTC hit 54k it was a perfect time to exit your coins into USDT and wait for bear market but oh Greed is alive I guess, now it's bear 🐻🐻🐻 seasons

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June 24, 2021, 10:25:15 AM
 #120

The only altcoins that will survive and grow in value are the ones that satisfy some real demand like Monero or of course Ethereum. And those alts are for long term investments. All these worthless coins like Shiba or Doge are for trading and it's really short period of time when you can actually trade it before it becomes zero value for the whole market.

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