Not everyone can be lucky when it comes to shitcoins

[Looper_U]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

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[Jawhead999]

but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ 

No one? I think you should read all the post of speculation/discussion about meme coins, you'll see many people is talking to stay away and be careful from shitcoins.

the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim

I bit disagree, trading isn't same as gambling since there's no "house edge" it's 50:50 between the seller and buyer. But if this meme coin purpose is for exit scam, of course you'll see many losses compared the winner since the developer is win very big amount money.

[Henrobakkara]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

There are many losers than winners or gainers from shitcoins the one first one who can and already made money are shitcoin developers they own the majority of the coin, and they are the one who manipulates the trading and swapping of their token so if you hear investors made money, they only made a small fraction of the profit, the developers have the biggest slice.

Right. So even though investing in cryptocurrencies generally is a risk I don't understand why some Investors Will even further up the risk a 100% more by investing in shit coins only to end up losing more than they hope to. We understand that people wouldn't ordinarily invest in this coins but will fomo in onces there's some sort of pump which is usually a trap anyways and end up HODLing all the dirt 

[Bohdan820]

You noticed right! I completely agree with you in this regard.
I try to dissuade anyone I can from buying such coins or persuade them to risk little money. Meme coin is like a lottery, there is not even a chance like in a casino.

[ILuckyGuyI]

It's so true, man. If you are going to invest some into shitcoins, you really need a big luck also. Because this kind of coins are even more volatile than top coins in the market. We should always be ready to lose much money in a short time period.

[Gunday_07]

Shitcoins are the real definition of gambling in crypto space, like I always tell my home boys if you invest in good coins you only lose when you sell them at loss price that's why we have hodl but it's a different case with shitcoins

[crwth]

No one wants to share their experiences like that. It's either they are going to be seen as a joke or going to be told by "I told you so" by many people because it's "known" to be a meme coin and it's tricky to invest in it.

It's like betting in a lottery. You wouldn't know the stories of the believers in the game that they could win a life-changing amount of money, that didn't win. Only ones who won.

[Trinx01]

No one is 100% lucky in the world of crypto, the volatility of cryptocurrency makes it unpredictable, there are some shitcoins that are good for investing and I am really proof of it because I already earned huge money from those shitcoins, I can say that I am lucky with that one, but still we are still in the crypto world, nothing has assurance.

[iamsheikhadil]

Well, everyone wants to become the lucky guy lmfao, but here's the thing, eventually, if a thing you have invested is actually good, useful and productive, technically its value is going to increase with time and hence, even if you don't get a great return, you will still be at smaller profits or smaller losses nonetheless, but when it comes to coins of such lower value and if someone is buying it at a very cheap price but investing lots of money, they should be ready to get a big zero anytime, since the coins aren't reputed and that's why they are cheap. Applying some common sense and following simple and easy rules during investment can save lots of money and prevent unwanted tears!

[semobo]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

When someone expects huge returns from their investment the chances of getting it is very slim that is same for every investment plans. When it comes to crypto meme coins which is high manipulated by few individuals so they have high chances of making more than an average investor.

[Mighty_crypt]

All this meme coin hype makes me remember what Warren buffet said that 'be greedy when others are fearful and be fearful when others are greedy' honestly all this meme coin shill is fearful because everyone wants to make it through meme coins, they want those huge pump so badly that they blind themselves from the fact that they are just meme coins

[tvplus006]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $...

You can see many such examples under Elon Musk tweets, in which his followers accuse him of losing all their money by following his recommendations. This is a great tragedy for ordinary people, who usually do not understand how the cryptocurrency market works and make their decisions based on Musk's tweets.

[poodle63]

memecoins are just fancy gambling and there's always losers in every winner, these people who get big profit are probably making early entry
that's why many people here don't really recommend invest to a shitcoin because it could spell our doom. These coin can go down 90% in a blink of eye.
That also includes doge since it's just purely pump and dump coin that lacks in almost every aspect compared to other newer coins.

[SacriFries11]

Shitcoins are the real definition of gambling in crypto space, like I always tell my home boys if you invest in good coins you only lose when you sell them at loss price that's why we have hodl but it's a different case with shitcoins

Not all have the same faith of people that have become rich thru sh*tcoins. It’s like a gamble, high risk high return but if lot all the time. You need fast hands in order for you to sell immediately or buy when the token launch in exchange. I tried to invest here but I got lose, I immediately exit and just put again my money in tokens that have benefit in the long-term. Congrats for those people that have huge profit from participating in sh*tcoins.

[VanDeinsberg12]

isn't that common sense, SHITCOIN is zero sum game and more or less like ponzi, no fundamental, nothing but based on elon's tweet like wtf?

and to add 10 shitcoins generated each  trying to impersonate each other hoping some one throwing money while developer is waiting to rugpull, anyone with right mind wouldn't even have any slightest of idea investing to such thing except they intentionally wants to gamble

[target]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Maybe because it's embarrassing to post the loss he made from investing that much to a shitcoin. Investing $10,000 to a shitcoin will only be profitable if he bought it with the price of less than 1 satoshi. I guess that's the lowest possible price that he could bargain. You know having millions of the shitcoin with a value of $0.01 still equates to a lot of USD.

[sapnu]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Well the truth is that investing on shitcoins is much more risky compared to investing on successful coins. The price drop might be higher for the top coins but the price drop can go down to zero or stable down into a low value for shitcoins. That's why it is important that before you get involved on a certain shitcoin that you've seen to have a potential of being successful, you carefully analyze it first and watch the price movement. The benefits can also be much higher if ever a shitcoin suddenly goes up high but still, the greater the risk the greater the rewards.

[traderethereum]

What you say is right because we never know which coin can increase significantly in the future.
The dogecoin case is one example that makes us shock because the price can increase so high.
I think this year will give us another sock news about the coin that can increase later.
If someone can make a huge profit from the coin and does not analyze with better, I will consider that he is very lucky to make a huge profit.
But we can not follow his step because our coins will be different.

[Beparanf]

I bit disagree, trading isn't same as gambling since there's no "house edge" it's 50:50 between the seller and buyer. But if this meme coin purpose is for exit scam, of course you'll see many losses compared the winner since the developer is win very big amount money.

There's actually a version of house edge on trading which is the trading fee on every trade you made. It's not noticeable since the exchange display the amount you will get excluded the trading fee.

Somehow trading looks like a PVP gambling on casino since someone win because the other user on their side is losing.

[kryptqnick]

Op is right that people tend to share their positive experiences, and others pay more attention to these stories as well than to those where people bought some coins and lost tons of money. That's why it's important to analyze the market on one's own and only invest what one can afford to lose. I've made some unfortunate investments in 2017, like buying Ripple at $3 per coin. Fortunately, I didn't buy much, so it wasn't a big deal for me when the prices went down. But I've also bought some Litecoin at $20 and sold at $300 which was a great deal. Investing in coins with high market capitalization means risking less than investing in total shitcoins, but there's always a chance of losing 50-70% of the investment. So now I try to only hodl the coins in which I truly see some potential.

[smyslov]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

If you think you are holding a shitcoin dump it at once, it's not safe holding a shitcoin, anytime it will lose its value or the price will crash, go for long term investment on coin with organic growth, not everyone wins investing in shitcoin, dev is looking for a way to dump his share then leave the project, better be safe than sorry, investing in shitcoin is like betting in a lottery, your chances to lose is high.

[BigBos]

Well, I don't think successful people will tell of their failures if the failures outweigh the gains they made. however, many people have lost because of wrong decisions. however, I think the story of growing profits from $100 to $100k is motivating, and other people want to try their luck with it. however, the story of $1 million to zero will only make people rethink the move. however, by now a lot of coin memes have been developed, and a lot of people are starting to hope it has the same potential as Doge. well, each coin has the same advantages and risks. the choice is to take that path or not.

[wayaneka]

Beyond my prediction, memecoin of DOGE and SHIBA made up to x100 profit, this return surpass others project that has stronger fundamental and use case. But make invest in this kind of coin is very risky because when the market changing to bearish, the price possible crash more than 90%. And in the long run, there are no guarantee and low possibility the price will recover because these coin with no working product and use case.

[trauchot]

Quite right, I also know many people who have invested a lot of money in various new cryptocurrencies and lost their money, so I always say that investing in new cryptocurrencies is a huge risk and therefore if you want to invest in new cryptocurrencies, it is better to invest small amounts of money and in general, it is better to invest in top proven cryptocurrencies that have been bringing excellent profits already long time, thats why I investing more in top cryptocurrencies then in new cryptocurrencies.

[husnija]

the moment that happened to shitcoin will not last long, if you dare to speculate then you aren't only risking money but also time. if you then leave it and think of it as a coin that has fundamentals then that's a mistake

[Wawa2013]

Quite right, I also know many people who have invested a lot of money in various new cryptocurrencies and lost their money, so I always say that investing in new cryptocurrencies is a huge risk and therefore if you want to invest in new cryptocurrencies, it is better to invest small amounts of money and in general, it is better to invest in top proven cryptocurrencies that have been bringing excellent profits already long time, thats why I investing more in top cryptocurrencies then in new cryptocurrencies.

What you say is true, should avoid investing large amounts in new crypto. Because it is very difficult to analyze new crypto, most new crypto is
indeed very risky for its price to fall and not recover, it's the worst thing if investing in new crypto. Indeed, it would be better to invest in top crypto
which has proven to be good, because we can see the track record of their movement. I've been investing in top cryptos since 2018 and most of
them have finally made a profit. It is safer to invest in top crypto, compared to investing in new crypto.

[Kelvinid]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Perhaps, majority of them are at loss compared to those who walk with x100 returns. Many just quiet and that is why we don't hear a lot complaining about such tragic losses and they don't have the right to do it as well coz in the first place, they are aware of what could possibly be their ends after investing shitcoins.

I believe there are lucky people who got an extra income from investing these coins, we would say they are too lucky but we can never think that it will happen to us if we will try. However, the risk is too high and ain't advisable if you can't afford to lose something.

[Niloy009]

I know many people face this same problem in SHITCOIN trading, Even I also! Lots of trader just jump on Shitcoin trading and think of made 100X or more within a day! I think this mentality build on some greedy users post and video. Where they showed Hoe easy to make 1000X in a single Day! And in here We also did the same mistake to believe someone else without know anything We going to deposit our Hard earning money!
First we made 5-10X profit on SHITCOIN and we going to believe - Yes! We can make 100-!000X Daily if we hold it little more as like SHIVAINU! But we forget They are all not SHIVAINU! And our Mentality and more Earning Greediness finish our full capital within 5-7 days!
Now we are losing everything to become SHITCOIN Lover!

[mirakal]

Because we don't usually talk about our losses, we like to keep it a secret as it will degrade us as a person. Investing in shitcoins is a big gamble, you should not look at the reward but most especially the risk.

The word shitcoin means a coin is useless, it's like gambling where you will still lose in the long run.

Some people invest in shitcoin thinking they can get fast return, but overall majority of the people are losers which it comes to investing shitcoins.

[Davian144]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

That's what everyone often forgets, in fact, they tend to see the lucky ones and ignore the losers, even though everyone can compare the lucky ones with the losers, if there are more people who lose, then it will be very risky to try again.

[7788bitcoin]

If you are not smart with your investment then you will end up loosing money, always be smart with your investment and the idea behind investing in risky markets which are highly volatile is to get in and get out at the right moment and if you are able to do that you are going to make a fortune, if not you will end up burning everything you have as well.
If you are not having the skills to monitor that then do not take the risk and invest in pump and dump coins.

[so98nn]

It is simple formula, the more the risk -> higher are the rewards / pay check.
I am not supporter of the shitcoins basically but I am kind of guy who follows what's most beneficial pathways.

In the crypto best lesson is, hold the king (BTC), play with the pawns and grab as much as land you can from the war.
There is no point in asking what shitcoin, the point which shitcoin at what point to enter and exit?

Do the math, follow the news around you, tweet too! and get out when you are in green.  

[mrongos]

Well I've experienced that problem myself, with shitcoin I lost $100 which I think is very meaningful and of course it will be an important experience that I must remember and hopefully that mistake won't happen again, for new traders I hope to be more careful when want to buy a shitcoin.

[speedy963]

This is the sad truth. Most of the people would rather chase impossible fantasies than being realistic. They would rather follow famous individuals rather than invest on well established coins which are far more better than the useless sh*t coins that are being hyped non-stop. Then in the end, they blame the whole industry because of their poor decisions. These type of people should realize how dumb it is to invest on some useless sh*tcoins that have no chance in flourishing unlike those well established coins.

[Sterbens]

Be careful investing in short-lived coins. and I think the definition of investing in coin memes is not correct. because the name investment must be in coins that have a long-term nature. then no one invests long term in the profitable meme coin. Bitcoin is the best investment and remains the most promising.

[speedforce]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Isnt it same to bitcoin? People mostly talk about the profit when its about investment. If they talk about the huge loss, who want to invest then?
People know its must be a huge risk involved, but not much will talk about it, they will mind themself about it, but the problem is there's some of people who only think about to get profit without think about the risk.

[deathcode]

Indeed we have to be careful with shitcoin because many investors who get big losses with the coin, and our risk is greater so that the profit we get is very thin, and also in shitcoin there is a lot of price manipulation so that larger developers get profit, so to invest in shitcoin we must be prepared to accept the risk.

with shitcoin, those who can take advantage of and know the strategy of their project in the market can follow the benefits that have been planned by the team from the start.
most importantly, don't buy shitcoins when their prices are confirmed to have a high increase. there will be a lot of people who say it is a potential asset with a fairly rapid increase. but when there are a lot of people in the project, they can eat it all.

[Alert31]

Investing in shitcoins is like playing a lucky game. It's really profitable if you are LUCKY. Because, You never know if you will win big or lose all your capital. Mostly, traders try to invest on such coin for a short term and it's too risky because you don't know if you will gain profit from it or not. It always played a pump and dump then exit. You are lucky if you can keep up with its movements.

[jamkesmas]

Indeed we have to be careful with shitcoin because many investors who get big losses with the coin, and our risk is greater so that the profit we get is very thin, and also in shitcoin there is a lot of price manipulation so that larger developers get profit, so to invest in shitcoin we must be prepared to accept the risk.

with the risk as you mentioned, I prefer to trade safely, one of them is by buying coins that have real potential such as buying bitcoin or altcoins like BNB, because I really believe these two coins have a good influence in the future.

[clarkt]

I could not agree more on the fact that those that losses in buying shitcoin outweighs those few people that wins. The lesson here is to hold quality coin that will stand the test of time.  Gambling is not investing,  we should be deliberate and informed about our investment.  Value investors that holds his investment usually wins!

[Jackl87]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

The truth is that probably only the very early investors in meme-coins (or sh*t-coins) are those that have a chance to be extremely lucky and make a profit in the magnitude as you describe it and this are probably only 5% of all the hodlers of that coin. In addition to that this is only true for meme-coins that are a success at the end and i am pretty sure that all those meme-coins that launched within the last 2 weeks will not be successful anymore as they are to late. So you needed to be a very early investor of safemoon or shiba-inu to be one of those lucky guys who made a fortune out of 100$.

[Bikan]

Slow and steady is one of the keys to be lucky when it comes to be a winner in the shitcoins.Most people do not take time to learn where the pendulum swings before investing. Hence,they stand to face the consequences; shitcoins is no exception, only those that can patiently watch and invest gradually will be among the lucky ones

[1l1l11ll1l]

What do you expect from shitcoins? if you are able to earn hundreds or even thousands of times, then you can also vice versa, losing up to thousands of times. Shitcoin is not an investment strategy and calculation, because almost all investments are based only on signals and luck, and such things are definitely high risk

[sana54210]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Honestly if you are trying to make money from shitcoins and you end up losing, that is your own fault, you should not look for a mistake in anyone. Which is why I do not invest into shitcoins with any serious money, there is no need to spend money like that when you know that there is no money to be made from shitcoins. If you invest and you get lucky and you make some money, that is good for you, I mean nobody can take that away from you, however that is just luck and you should not do something like that ever, you should stay away from doing it if you are really risking your money.

I have seen people put their RENT MONEY into shitcoins like shiba, I can't understand how people think that it is normal to do something like that, you may not pay your rent that money if that coin goes down, how in the hell do you do that. Only reason I found that out is they made profit, but that was really a stupid move anyway.

[eaLiTy]

I have seen people put their RENT MONEY into shitcoins like shiba, I can't understand how people think that it is normal to do something like that, you may not pay your rent that money if that coin goes down, how in the hell do you do that. Only reason I found that out is they made profit, but that was really a stupid move anyway.

This is not a new trend, in the past people used their credit card to invest in cryptocurrency market to make a quick profit and many burned their money and that is what we are seeing when they see meme coins like Dogecoin rally, they find for alternatives to invest thinking that they could make a huge profit as well and the end up loosing everything.

If anyone is interested in investing in any market make sure you make your decision when the market is on a correction phase and it is not wise to make those crucial decisions when the market is already rallying or when the market is looking for its direction and anyone doing any form of investment in a bull run are bound to loose money if you are not careful.

[Golftech]

What do you expect from shitcoins? if you are able to earn hundreds or even thousands of times, then you can also vice versa, losing up to thousands of times. Shitcoin is not an investment strategy and calculation, because almost all investments are based only on signals and luck, and such things are definitely high risk

High risk and the chance is very slim not unless you have someone who are part of the developing team who can provide

information, you can make a good call before everything went bad to this shit asset, you can sell everything before the huge dump

happen, better to think more wiser.

[Ghondronk]

When it comes to Meme coins, it is matter of fact that you enter and exit at right times. Otherwise, there is a higher probability to be ended up in the losing side. I agree with the statement you have made and what I believe is the trend we have seen with respect to meme coins in last month or so has already come to an end. I think people will no more believe on these high-risk stuff which does not have any sort of base. Time has come to rely more on "Real" cryptos and NFTs.

[Vatimins]

     What can I say? People just doesn't care about valuable information unless it aligns with what they want to believe in for themselves, let alone information that only affected others and not themselves. That's just how most of the people in this industry are based on how many people jump into countless sh*tcoins nowadays. All because of a few tweets from Elon Musk along with exaggerated promises from sh*tcoin developers. Oh well, each to his own. There isn't anything better of a teacher than experience itself. Though sad, the only way is for this people to learn the hard way.

[Kehindem]

Yes, what I notice is that, some coin pretend to be good and reward their first participant and later take advantage of the latter investors.

[chikading2016]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Investing into meme coin is risky, but if you are lucky and the meme coin you invested is rise you can earn a big amount of profit in it with a very small capital. I am buying meme coin but I prefer on meme coin that is a high volume investing on it is totally risky but there is a big profit on it if we are lucky and the meme coin we buy rises.

[livingfree]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

It is the truth that many don't want to discuss their losses.

That's the reality and sad truth that when there are losses incurred by an individual, he doesn't want to talk about it because it's shameful. Maybe someone had already advised him that don't invest in meme coins because it will only lead to losses.

And then it happened.

[Review Master]

None wants to learn how to do TA or FA, just find out shitcoins on shilling groups and jump into those without doing research. Also it's not just about luck as greed can be the reason to lose his/her funds even having the best luck. It's more than gambling with your funds where wining chance is close to zero if anyone just buy memecoin by being into fomo. Many new user just aped in new shitcoins to gain instant profits which isn't good at all. As always DYOR for anything and only invest those funds which you can afford to lose.

[gundala]

None wants to learn how to do TA or FA, just find out shitcoins on shilling groups and jump into those without doing research. Also it's not just about luck as greed can be the reason to lose his/her funds even having the best luck. It's more than gambling with your funds where wining chance is close to zero if anyone just buy memecoin by being into fomo. Many new user just aped in new shitcoins to gain instant profits which isn't good at all. As always DYOR for anything and only invest those funds which you can afford to lose.

I have see a lot of phenomena like that lately. Many of the new ones who risked their money to join the Shitcoin project that was not clear product and its usefulness. Yes, some are lucky to enter the project at the right time. Others just shouted the scam when a big loss was trapped by Pump and Dump.
Unfortunately, many people are ready to profit but not ready to lose. Many people want great profits but don't want to learn the correct analysis techniques.

[ethereumhunter]

None wants to learn how to do TA or FA, just find out shitcoins on shilling groups and jump into those without doing research. Also it's not just about luck as greed can be the reason to lose his/her funds even having the best luck. It's more than gambling with your funds where wining chance is close to zero if anyone just buy memecoin by being into fomo. Many new user just aped in new shitcoins to gain instant profits which isn't good at all. As always DYOR for anything and only invest those funds which you can afford to lose.

I have see a lot of phenomena like that lately. Many of the new ones who risked their money to join the Shitcoin project that was not clear product and its usefulness. Yes, some are lucky to enter the project at the right time. Others just shouted the scam when a big loss was trapped by Pump and Dump.
Unfortunately, many people are ready to profit but not ready to lose. Many people want great profits but don't want to learn the correct analysis techniques.

I think they are lucky to make a big profit from the shitcoin because we know that shitcoin will not go anywhere and will not survive for a long time. But we also know that it is hard to know which one is a shitcoin and only invest without knowing about it. People who are not lucky will always lose the money and will say that the project is a scam, and I think that is their mistake as they do not search for more information about the project and only follow what other people said.

[manggis97]

Im not lucky in this crypto market, I have seen 2 times of bull market but never make ROI up to 10x or more. I think people who did make 100x is very lucky. For me 10x ROI is already life changing, and this is really huge profit that difficult to raise in others instrument of asset, only in crypto bull run we can make it for short times, event just take less than 4 months.

[Sithara007]

First of all, the aim of a shitcoin is not to make its investors rich. The ultimate aim is to create wealth for the promoters, probably at the expense of people who are willing to trade in these coins. If you have made profit from any of these projects, then you can consider yourself lucky. Because only the promoters will be knowing about the ideal occasion to dump these coins. You will hear only about the success stories and those who lost their money on these projects will hardly ever talk about it.

[inanilujimi]

therefore I personally invest in meme coins will never be above $100, and never try to enter when the price is very high like over x 100, because you will become a victim of early investors. understand first before actually getting into the meme coin.

[Darktongue]

Im not lucky in this crypto market, I have seen 2 times of bull market but never make ROI up to 10x or more. I think people who did make 100x is very lucky. For me 10x ROI is already life changing, and this is really huge profit that difficult to raise in others instrument of asset, only in crypto bull run we can make it for short times, event just take less than 4 months.

Were you already seen bullrun 2 times without the current market bullrun situation? I don't know how it is possible that you didn't make a 10 times profit. Definitely you weren't active in the bullrun market, but I'm pretty sure you will get this time. Never rush to join in every project and hold your investment. The last year's project was Cartesi. I made 30-40 times profit from it because I hold it.

[devil2man]

there are also some (few) cases of investors who have staked very little on shitcoins and won / earned fortunes but in my opinion it is more luck than skill, to earn with a certain continuity with sheetcoins you need a lot of experience study of markets and a certain skill in trading

[bamb]

I think there is absolutely no need to play shitcoin as it's a zero sum game!  The chances of losing your money is very high and as it is,  only few people make money in shitcoin investment!  The owner of the coin and early investors are sure to profit from everyone else's losses!

[Shallow]

Well, I think most times, those who invest heavily on shitcoins with hope of cashing out big but ends up lossing, also opens up. This they do not for anything but to hear from people if there is a way to recover or just to let go of anger and maybe find some encouragement from people's responses, at the same time, a lot also do not open up in order to let go quickly than reopening old wounds.
Nevertheless, like you said, it can be classified as luck because everyone knows that shitcoins comes with greater risks when compared to other good coins, hence taking such steps of investing in them means you are ready for whatever that comes out.
Lastly, most people who might made it big from the shitcoin seasons could be newbies who just bought without any proper research. Nowadays, shitcoins season as I will call it, has come to an end or so I thought, and those who are trapped have learnt a lesson, showing that, whatever comes may, good coins can't be overlooked.

[isaac_clarke22]

~

Taking advantage of the hype, huh?
I am not that type of investor but I guess it is up to one's judgement. Doge was one hell of a meme coin and I could've expected that it is easily manipulated by celebrities that is why I ain't dropping any single money on that.

[DoublerHunter]

~

Taking advantage of the hype, huh?
I am not that type of investor but I guess it is up to one's judgement. Doge was one hell of a meme coin and I could've expected that it is easily manipulated by celebrities that is why I ain't dropping any single money on that.

^ As I know low volume coins are easy to manipulate by large investors and even those celebrities can do this since they had enough wealth so that they can able to play the market price. If OP knows how to ride the hype, as I can see that is a very nice and clever move but I don't think it will long last, or probably you will lose once you cant monitor the market movement. Nevertheless, each of us has different tricks and techniques on how to gain money on cryptocurrencies, but wise investors should always pay attention to the coin that highly volatile but low risk.

[abel1337]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Ofcourse,  Big gains get big hype. People just want positivity and like avoiding the real truth of investing in shitcoins. The hard truth is there are more people losing trading/investing on shitcoin than gaining on it. 100x is very eye-catching so articles and story publishers are taking advantage of it to gain more traffic on their own. Meme coin has its own risk and comparing it to good altcoins, The risk of it is very high that you can get bankrupt in less than a day. Investing in it is just gambling in my opinion, a High-risk high reward.

[acener]

That's how it works if you think about it thoroughly you would know that your profit came from someone else loss.
We are buying and selling crypto to other people so they are either taking our profit or giving us our profit.
There's no way all of us would make a profit some would surely lose in order for others to succeed.

[DatKing]

Yeah, I totally agree with you. It is like winning a lottery when it comes to meme coins. You should already be prepared for losing also. So it is better to risk an amount which you can make up for.

[Traderbtcc]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

This is actually true no one advertises the losses they get for investing in shitcoins, you will only hear the good parts about how they invested a few hundreds and become fucking rich, the losses are more than the winnings, but the wins are celebrated than the losses, well whether we like it or not at the end of the day, there will always be some one in the losing end, I won't advise anyone to invest in a shitcoins, cause the ratio of winning is less than 1%.

[Twinkledoe]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

This is actually true no one advertises the losses they get for investing in shitcoins, you will only hear the good parts about how they invested a few hundreds and become fucking rich, the losses are more than the winnings, but the wins are celebrated than the losses, well whether we like it or not at the end of the day, there will always be some one in the losing end, I won't advise anyone to invest in a shitcoins, cause the ratio of winning is less than 1%.

Only few can get lucky in these meme coins or tokens. It is true, there will be more losers in this market. Because most of these meme coins will be abandoned very soon. So how can you sell a coin if the devs themselves already got away? So if you happen to invest in this kind of coin, better get out while you still can recover your investments plus a lil bit of profit. Don't aim that you will get 100x or 1000x profits, because that will happen in a very rare occasion.

[Hypnosis00]

Absolutely, I've got some shitcoins in my wallet for several years that have been stuck and you know what? Some of them are totally shit while the others are shooting up like x10, x100. Maybe I was lucky enough to have those but I've waiting for how many years and in fact, I'd never mind checking on them until someone told me to check your ETH wallet as many shitcoins become bullish early this year. Totally surprising that it comes like that, yeah, I sell them while it still has value rather than to miss it.

[Luqman]

I don't think that it is related to big luck when trading new shitcoin. Well, although it is luck, how much luck we will get? I consider that it is more to thee skill on trading new coins listed in the certain exchange. Sometimes, the price will suddenly pump very highly after listing and then dropped to the beneath of the earth so suddenly. That is why it needs serious and professional skills and strategies to buy at dip and then sell when it pumps. Too late selling the token will impact on losing money. This is high risk.

[Shasha80]

Absolutely, I've got some shitcoins in my wallet for several years that have been stuck and you know what? Some of them are totally shit while the others are shooting up like x10, x100. Maybe I was lucky enough to have those but I've waiting for how many years and in fact, I'd never mind checking on them until someone told me to check your ETH wallet as many shitcoins become bullish early this year. Totally surprising that it comes like that, yeah, I sell them while it still has value rather than to miss it.

So many people have the same experience as you, myself included also have some shitcoins in my wallet for years not being able to sell.
Therefore, if we have shitcoins if there is an opportunity to sell them, my advice is to sell them immediately, because if the volume decreases.
It's very difficult to sell them, because most shitcoins demand is very low. It is not recommended to hold shitcoins in the long term, the risk is
very high. If there are investors who manage to get profit from shitcoins, I think those investors are very lucky. Because these investors managed
to sell shitcoins at the right time.

[Vaculin]

Absolutely, I've got some shitcoins in my wallet for several years that have been stuck and you know what? Some of them are totally shit while the others are shooting up like x10, x100. Maybe I was lucky enough to have those but I've waiting for how many years and in fact, I'd never mind checking on them until someone told me to check your ETH wallet as many shitcoins become bullish early this year. Totally surprising that it comes like that, yeah, I sell them while it still has value rather than to miss it.

So many people have the same experience as you, myself included also have some shitcoins in my wallet for years not being able to sell.
Therefore, if we have shitcoins if there is an opportunity to sell them, my advice is to sell them immediately, because if the volume decreases.
It's very difficult to sell them, because most shitcoins demand is very low. It is not recommended to hold shitcoins in the long term, the risk is
very high. If there are investors who manage to get profit from shitcoins, I think those investors are very lucky. Because these investors managed
to sell shitcoins at the right time.

We can't underestimate them, we really don't know for sure what will happen. If that we think they are shitcoins, leaving it there to our wallet is not a problem because we meant not to become a lucky person all the time But who knows someday it turns like a skyrocket.
Imagine from $0 it becomes $600, it can really be surprising and you might tell yourself how lucky I am.
But if you just throw it before, you will certainly be missing up.

[Expecto]

It is true story. If you are lucky enough, you would make insane profit from these meme coins. Honestly, I don't want to try my luck in these.    I'm very happy with my other investments already.

[memyselfandi]

Definitely, that is why I don't really trust shitcoins. I hate the thing that is heavily reliant on luck or fortune because the possible outcone will always unclear and not sure. It is not worth the risk if that is the scenario. Always risk on something that you can calculate and measure so that you always have reference and basis on whatever the decision and action that you will do.

[southerngentuk]

Greed for many new entrants to this market and the illusion that attractive profits can be made quickly. For me for what I consider it shitcoin I always have a clear strategy, always comfortable with any investment even the top stuff so the difference is only better in terms of security more complete. And I believe that luck will come if we know how to create it.

[int03h]

Investing in meme coins is like playing the lottery, they invest with a very small amount. The important thing in meme coins investing is that they have to join fast to get the best price.
For today's meme coins, the hidden money risk is huge as they already have a very large capitalization compared to other projects. Some of the memes have a market capitalization of more than $1 billion. I don't have the courage to spend my money to buy those meme coins.

[TastyChillySauce00]

This is the sad truth. Most of the people would rather chase impossible fantasies than being realistic. They would rather follow famous individuals rather than invest on well established coins which are far more better than the useless sh*t coins that are being hyped non-stop. Then in the end, they blame the whole industry because of their poor decisions. These type of people should realize how dumb it is to invest on some useless sh*tcoins that have no chance in flourishing unlike those well established coins.

Everyone wants quick money making millions within months. the only way to do that is to pursue some unrealistic dream without being rational which most of the time make people that are "broke" go even more "broke".
as long as there's people who think they are the chosen one in the shitcoin world and think they gonna make millions of dollar out of a hundred dollar, these shitcoins will always get new buyers everyday.
sad truth but there's nothing we can do about, people being irrational always happen when it comes to money.

[Ozero]

maybe for now they can't get much profit because there are too many shitcoins that have been created so they don't make investors interested anymore and of course the developers who make new shitcoins don't have a clear project goal so they are developers just want to make money by using fomo shitcoins.

Yes, you can make good money on shitcoins during a period of short-term growth in their popularity. The main thing here is to have time to sell them on time at a bargain price, because in the end they lose their value very quickly and everyone who did not manage to sell them on time will incur losses. Therefore, investing in shitcoin is very risky. They are for thrill-seekers. I am wary of doing them.

[Alisha-k]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ ,

No one shares his failure story and the society doesn't want to hear the negative part of any story all the want is the positive story so the can share in the dividend. One has to be careful before investing in shit coin to avoid falling a victim of low ROI

the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

This is where risk management and DYOR pays more. Risking what you can afford to loose as well as doing your own research so you can manage your losses and not go completely bankrupt.

[criket]

maybe for now they can't get much profit because there are too many shitcoins that have been created so they don't make investors interested anymore and of course the developers who make new shitcoins don't have a clear project goal so they are developers just want to make money by using fomo shitcoins.

Yes, you can make good money on shitcoins during a period of short-term growth in their popularity. The main thing here is to have time to sell them on time at a bargain price, because in the end they lose their value very quickly and everyone who did not manage to sell them on time will incur losses. Therefore, investing in shitcoin is very risky. They are for thrill-seekers. I am wary of doing them.

it's because their community doesn't keep the market strong. the community grows fast but for profit in a short time. it would be very easy for such a weak market to collapse.
although skilled, I believe the risk involved in shitcoin is very high.

[S3300]

There are many successful news from investors that invested in meme coins like doge coin and shiba inu which cause FOMO for so many newbies and they start buying even when the market started going do weeks back, the most painful part is once we are in full bear market these meme coins may not survive

[sempak]

That is true not everyone have the luck to choose and gain profit from a lot of shitcoins that's coming out from market. Though some shitcoins were getting pumped by community and some people really do make good profit out of it all I can say is that shit coins were really volatile and is not good for long term holding.

[KaliLinux]

maybe for now they can't get much profit because there are too many shitcoins that have been created so they don't make investors interested anymore and of course the developers who make new shitcoins don't have a clear project goal so they are developers just want to make money by using fomo shitcoins.

  Of cause, that's why they are called shitcoins. They never have any clear purpose to development or what they represent just in a bid to make money out of the investors that will want to invest and hoping that they make money from it someday if the projects get luckily hyped and pumped which some have actually made some profits from and many have got recked from.

[oemar bakrie]

very true because only luck will get big profits for people who invest in coin memes..
.but actually that's not all,, all coins also have risks, but judging from yesterday's situation it was very visible because many meme coins lost after following the news on social media..

[ampu]

Investing in shitcoin does not need much, just a few tens of dollars can bring us wealth. If you see any potential shitcoins invest a bit. It's like hitting the lottery, hitting a small amount and hoping for a big profit. The risk is that the invested funds disappear because they are worthless. Since the amounts are small, we shouldn't worry too much about them.

[huiji2011]

It's not that no one is talking about losing money, but people prefer to hear the news of sudden wealth, and then magnify the news of the sudden wealth, the news of investors who have lost their money are gradually forgotten. Hearing about the story of getting rich overnight always makes us excited, always thinks let it be me.

[wajik-tempe]

Yeah that's the real truth, but if we do nothing with the sh*tcoin we also get hurt we missed the change if the coin go pumped hard. Buying coin coin with speculation is also important for me, but i never spend more than 10% of my portofolio to do that. So i just splitting my 10% to random cheap coin with potential, and forget about the profit

[gabbie2010]

Im not lucky in this crypto market, I have seen 2 times of bull market but never make ROI up to 10x or more. I think people who did make 100x is very lucky. For me 10x ROI is already life changing, and this is really huge profit that difficult to raise in others instrument of asset, only in crypto bull run we can make it for short times, event just take less than 4 months.

There are any lucky fellow who earned  10x, 100x in 2017 when Bitcoin reached $20K a lot of shitcoins enjoyed massive pumped then, infact bounty hunters earned well too, I can say a lot of the so-called shitcoins thrived very well then likewise some that became worthless, however such huge profits is not attainable now a lot of investors will rather invest in Bitcoin which is more stable and reliable to those shitcoins that are scam and not trustworthy.

[Dread Pirate Roberts]

Most people only think about the best possible even though the worst is just as terrible. except for coin2 already has an old record like doge there are still exceptions. because I've always been a doge user and I think this coin is different from other cheap coins.

[btcltcdigger]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

You're 100% correct. With these new meme shitcoins which pop up daily, only the first few early investors make a profit, because they dump their bags on people who enter later.
Even if there's a "presale", it's no guarantee, because the team WILL dump on you. GUARANTEED

[Shasha80]

~

So many people have the same experience as you, myself included also have some shitcoins in my wallet for years not being able to sell.
Therefore, if we have shitcoins if there is an opportunity to sell them, my advice is to sell them immediately, because if the volume decreases.
It's very difficult to sell them, because most shitcoins demand is very low. It is not recommended to hold shitcoins in the long term, the risk is
very high. If there are investors who manage to get profit from shitcoins, I think those investors are very lucky. Because these investors managed
to sell shitcoins at the right time.

We can't underestimate them, we really don't know for sure what will happen. If that we think they are shitcoins, leaving it there to our wallet is not a problem because we meant not to become a lucky person all the time But who knows someday it turns like a skyrocket.
Imagine from $0 it becomes $600, it can really be surprising and you might tell yourself how lucky I am.
But if you just throw it before, you will certainly be missing up.

What you said is not wrong, sometimes there are some shitcoins for no apparent reason that suddenly pump. I haven't experienced it yet,
but a friend of mine has, and I was quite surprised by it. But such things are very rare, the percentage is very small. But there's nothing wrong
with trying. In the end it comes back to each of us, I respect your opinion who chooses to leave the shitcoins you have in your personal wallet.
And waiting for a miracle to happen, but I chose the opposite path, because I am not the type of person who is patient to leave the shitcoins
I have for a long time in my wallet.

[Maslate]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

You're 100% correct. With these new meme shitcoins which pop up daily, only the first few early investors make a profit, because they dump their bags on people who enter later.
Even if there's a "presale", it's no guarantee, because the team WILL dump on you. GUARANTEED

It is a risky thing and I'm not supposed to invest with them seeing such instances. I know we can't be all in profitable but at least we know which one could possibly give us the assurance for ROI, not the assurance to lose.

But, it is not the way we just ignore those shitcoins. I think you know what I mean. Coz if we see how many shitcoins just pump this year for no reason, clearly it was an indication that these shitcoins could somewhat be valuable at no time.

I hope you don't mind checking your wallet, maybe you are also a lucky person this time.

[Reosta_]

Yeah, it is all about the luck actually. And we should follow the news about that coin closely to have a clearer opinion about whether the price could go to the moon or not. After that, only thing left is to hope for the price to go the way you would like.

[enawati]

Invest in sh*tcoin just like gambling, when we loss money will be no guarantee the money will recover, although we waiting for another bullish season, the price dont have any probability to going up back, because no fundamental and use case of coin and too many competitor in crypto market. This too high risk investment, and can be better to trade BTC with leverage 3x than invest on sh*tcoin.

[meser#]

Some have to lose so others can win. You can not get profit just by researching . That's why I always stay away from such coins.

[crzy]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Meme coin are too volatile and only good for short players but if you are going to invest that kind of amount, you have make sure you know when to exit because meme coin are just good at first but starting to collapse once they have enough investors. Some of the meme tokens are community based, and whales are playing on that. Nevertheless, many of my friends have their profit taken right after the down trend this is the result if you know how to take profit.

[Vishnu.Reang]

Those who invest in shitcoins believe that they are smarter when compared to the other users. They know that eventually these coins will become worthless. But there will be one or more pump-and-dump cycles before this and the investors believe that they will be able to dump their coins or tokens during this phase. But in many cases this doesn't happen. By the time they make their investment, the pump might have already occurred and in the end these users will be stuck with their worthless coins or tokens in their wallet. 

[johnwest]

First of all, that's why they are called "Shit coins". There is no purpose for them. They are just created to scam innocent and greedy people. Even when the returns show more than 1000x, a normal crypto investor will think 10 times before investing their time and money into them. Only some people get lucky by investing into them and more than 90% will lose everything.

[Smitty Werben Man Jensen]

it's true, buying meme coins or shitcoins this year is very profitable, but it's all based on luck I think,
and it's true that not everyone can benefit from shitcoin, so it's better to avoid it,
because shitcoin will make you poor and your money will be lose if you not a lucky person.

[xiboothrezi]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

In fact, more people show off their profit or happiness than their loss or sadness. what we must know is that, if we only rely on luck then it is the same as gambling. many shitcoins appear when the market is at its best, it comes with the same scheme: pump and dump, without product support and clear benefits, the shitcoin will not last long. so if you want to take the risk by joining them, then you should play with hit and run.
I choose to avoid such coins, I prefer projects with real functions and products, or top coins on coinmarketcap, at least I have signs or rare anticipation. while shitcoins are very unpredictable, rising suddenly, and falling without warning.

[awik p]

it's true, buying meme coins or shitcoins this year is very profitable, but it's all based on luck I think,
and it's true that not everyone can benefit from shitcoin, so it's better to avoid it,
because shitcoin will make you poor and your money will be lose if you not a lucky person.

with a high level of risk, this can make us suddenly rich when investing in shitcoin, but investing in shitcoin is like gambling, we can lose capital, but can also bring double profits. I also do it, but only a little of the total capital is used for it

[BitTraderCute]

it's true, buying meme coins or shitcoins this year is very profitable, but it's all based on luck I think,
and it's true that not everyone can benefit from shitcoin, so it's better to avoid it,
because shitcoin will make you poor and your money will be lose if you not a lucky person.

with a high level of risk, this can make us suddenly rich when investing in shitcoin, but investing in shitcoin is like gambling, we can lose capital, but can also bring double profits. I also do it, but only a little of the total capital is used for it

if we want to speculate to this kind coin maybe prefer to use small amount, dont be greedy when we saw another people get alot money from shitcoin. maybe our luck and their luck different , they got money and we lose money. shitcoin purely speculation project and its have no utility at all , so better dont join in this game.   

[yazher]

When it comes to shitcoins everyone should consider investing what they can afford to lose because of the high risk of losing your investment in a matter of a day or a week. That's how shitcoins became popular to the masses because most of them are pump and dump coin, there are lots of people dump them in their early stages after they are being listed in the market. so the one will think that he will gonna hold it a little longer, will gonna suffer, and most of the time won't gonna recover his investment nor his capital.

[electronicash]

the dogecoin millionaire actually invested about $180K when the doge was still $0.05. that's a big amount still for someone who is not a millionaire yet so he gave his all to doge and eventually profited. he has a diamond hand so he claimed which he has;t yet sold any of his doge. his story https://www.youtube.com/watch?v=Sd4pixNKaAs

during the ATH, it was almost $3M in his account. this is an example.

[laohe628]

There are always a few who get rich, and the money in the shitcoins pool is coming from all investor. Profiting money comes from investors who lose. It is always some people win and some people lose, besides, the losers are the majority.
All in all , investing in cryptocurrencies is just a gamble game, and buying shitcoins is riskier.

[Ekyfitri]

There are always a few who get rich, and the money in the shitcoins pool is coming from all investor. Profiting money comes from investors who lose. It is always some people win and some people lose, besides, the losers are the majority.
All in all , investing in cryptocurrencies is just a gamble game, and buying shitcoins is riskier.

why trust and buy shitcoin if there are assets that are more viable and less risky than shitcoin?
there have been a lot of shitcoins that have come and cheated in the crypto market with the current BSC network. then why are so many people still coming to invest in shitcoin?
in the shitcoin market, it is not luck for those who make a profit. this is a manipulation they made to create greater adoption of the social media community and take advantage of the increase.

[Ndlongap Ndlongop]

The problem with many investors who lose money from moon tokens or shitcoin are they always entered the wrong timing some usually chase the price at the top and eventually after they buy most early investors will dump for taking profit, never chase the price if you think its already in the top you must know the trend first if it will continue to pump or dump incoming, try to read and analyze the chart first dont just buy at FOMO. 

Most investors are impatient, they panic when the price drops, moreover they don't know whether the coin or token has strong fundamentals or not.

[newwest]

It's not about being lucky but investing and sticking to it since 80% of those tokens will fail but one success project is enough to be in good plus at long run.

I have given up on many such coins now, because have done these in past few years results are just negative for me and lot of wastage of time. Instead if I utilize that time in more researching on the best coins and better project it yield me a better return rather than just being lucky to holding that coin which will grow like one in hundred project.

[Maestro75]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

It is the success stories that make people overlook the risk that go with investing in meme coins. They feel they can get lucky and take profit. Otherwise I do not see why anyone will want to such a risk that can easily lead to cash loss. Those who took the risk when memecoins newly came are those who benefited. Meme coins hit the market daily now and are so many that you can not even keep tracks of them. Most of them have no teams and programmes, just a single greedy individual doing it.

[LogitechMouse]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

When you are creating an article, you will not highlight those negative things but you will highlight the positive things so that people and investors will get attracted therefore, they will try their luck too and will invest into these shitcoins.

I myself tried a hundred dollars and invested into a shitcoin (will not say the name). I already knew that this is a boom or a bust and I'm ready for it. If I lose my money on it then I don't feel any regret but if I will make some profits then good. Unfortunately, I'm at a paper loss right now .

In general, not everyone is lucky in buying not only shitcoins but other coins too. You might see somebody becoming rich because of cryptos but you will see 2 or 3 people out there suffering from losses and that is normal. Now with regards to investing in shitcoins, just put to your mind that it is all or nothing. You will gain huge or you will lose it all

[gurunanakji777]

Yes, not everyone lucky to earn a good profit from the shit coins. I believe early birds earn the profit but they took risks also. Yes, the fact is meme coins are shit coins. The bitter truth is profit earners are very less than the number of looser. We should learn lessons from others' experience that one should not entice by others huge profit.

[dimox]

sometime, shitcoin will give you more profit if you are lucky enough. crypto user will find good coin in a pile of coin, but no one know what it is.
not only shitcoin, airdrop will give you big profit if you lucky.
risk always stick with profit, how much profit you get, bigger risk in there. many people leave them, shitcoin, or airdrop. because never give satisfactory result.

[Ziskinberg]

Out of 100 shitcoins, how many of them just pump? Certainly, we don't know and many are saying that they are just dead, worthless, everything negative.
Well, we are absolutely wrong. To see them surging high during the Bullrun is enough to say that many of these shitcoins are worthy, from $100 to $1,000. You can really imagine how lucky you are and even old coins or even Bitcoin can't give that impressive and overwhelming return.

[SloppyJostler81]

Hi I am new here, but so far from what I have seen and experienced, you should never put any money in that you cannot afford to lose. I need to know more about storing crypto offline.

[konflikkastil]

I will like to start with my experience with shitcoins, to be honest buying shitcoin is one of the very few ways you can beome an overnight millionaire in dollars if you are very lucky. I'm not going to mention the name of any coin, cause I will not like to do free advert, smiles. I'm kidding anyways. Sometimes, ago I unconsciously bought a particular shitcoin, and normally I will never do that.  But after that I decided to leave it for 8 months. To my surprise this shitcoin did over 1000% increase and I cashed in big money on it. But the question is that how do we know if it's ever going to be a good investment or not. Only few people make it buying shitcoin.

[DeathAngel]

Agree with the OP. I’ve said it many times, there is something called the ‘shitcoin roulette wheel’. Some people spin it & win but most don’t. My advice is invest in & hodl bitcoin & the leading alts. If something seems too good to be true then it normally is.

[pedrillo0]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Of course, every investment is a risk, and every decision has consequences.
It is necessary that each investment read the clauses of the project, and also the white paper.
Do not get carried away only by fantasies, it is also necessary to see the team behind the project.
I wouldn't invest if I can't find a white paper, roadmap, verified team, good partners, and good use of real life. Beta platform up and running and important stuff.

[ogundowotoby01]

I agree with this 100% shiba inu in my opinion is a shitcoin and has no real value and a lot of people made as much as 20x of thrir invested funds. To put this into perspective, if you invested $1000 you would have made $20,000 investing inna shitcoin. This simply means you are one of the lucky ones. So many shitcoins have made people rekt and some get lucky but most people wouldn't be so lucky investing in shitcoins.
I prefer smart investments that may provide lesser ROI but as less risky and more likely to be profitable

[Fatunad]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Investing in shitcoins does simply shows off a little bit gambling which means that you would need some luck before you could really earn tons even if you do only make use of small amount.
It is composed of buyers and sellers and if you do make sell on the right  time when the market is still on peak or had been pumped by some whale or something manipulative then this is
where you do really make tons of profits which it is really lucky for someone who do able to dive in and make risk when it is still on the floor.

[imstillthebest]

I agree with this 100% shiba inu in my opinion is a shitcoin and has no real value and a lot of people made as much as 20x of thrir invested funds. To put this into perspective, if you invested $1000 you would have made $20,000 investing inna shitcoin. This simply means you are one of the lucky ones. So many shitcoins have made people rekt and some get lucky but most people wouldn't be so lucky investing in shitcoins.
I prefer smart investments that may provide lesser ROI but as less risky and more likely to be profitable

thats a nice return but the risk is also high . that made people to gamble into shitcoins . its hard to be lucky because there are so many shitcoins and i think their number is much more than the legit cryptos .
 chosing a legit cryptos is still the best way to go if we want sure profits and if we are patient enough we can also earn big on them in the future .

[Sithara007]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Only the promoters know when a pump will occur with the shitcoins, because they are the ones who manipulate trading for such coins. If you manage to invest in these coins before that, then obviously you will profit out of it. But what are the chances? How you will know that a shitcoin will go up and at which point you need to sell them? My advice would be to avoid such coins and concentrate on the established and promising projects. Because with shitcoins in 99.99% of the cases you will lose money and the promoters will benefit from it.

[OrangeII]

Agree with the OP. I’ve said it many times, there is something called the ‘shitcoin roulette wheel’. Some people spin it & win but most don’t. My advice is invest in & hodl bitcoin & the leading alts. If something seems too good to be true then it normally is.

actually I also have the same suggestion. however, for some reason, there are still many people who are targeting shitcoins as their investment tool. however, there was always news about people who made big profits, but not much news about people who made big losses. they sometimes expect a coin that costs $0.0000000x to become $1 in the future. many people rely on Dogecoin or Shiba Inu, and hope other shitcoins also have the same potential.
again, it's better to invest in bitcoin or popular altcoins will be better, because they have a clear development, and slowly increase significantly.

[phidalpublishing]

you said right . everyone not in the winners list there are many loses in this competition.

[john_nautica]

Memecoin has a chance that will pump because of the hype or because of the trend and hype of the community but of course no one will be lucky to shitcoins try to look at the ANN section or bounty section you will see some useless projects who only seeks investors and then disappear or abandon the project afterwards while in memecoins they pump so much and when the hype is gone it will also dump too fast.

[bryant.coleman]

Memecoin has a chance that will pump because of the hype or because of the trend and hype of the community but of course no one will be lucky to shitcoins try to look at the ANN section or bounty section you will see some useless projects who only seeks investors and then disappear or abandon the project afterwards while in memecoins they pump so much and when the hype is gone it will also dump too fast.

As things stand now, anyone can make a post in the ANN section, and there is no restriction based on your rank or activity. A lot of scammers have made use of this. Also, for posting the ANN thread or bounty campaign thread for a new project, you don't need to escrow any amount. The reason being given is that if such a requirement is being made, then genuine projects which are short of cash will find it difficult to go online. I disagree with this argument. If the promoters can't even make a deposit of $100 on their own, how they are planning to successfully manage projects with soft-caps of $50 million or $100 million?

[DonFacundo]

Investing in meme coin is like a gambling, it is so risky to invest because there is no real project on it and yes, not everyone will be lucky on meme coins but lucky those who invested earlier in meme coins but those who late will suffer of losing money. I invested on meme coin with my extra money but no luck for me, the meme coin that I invested still not progressing so it seems the meme hype is over so stay away investing in meme coins guys.

[lumierre]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

The truth is that different shit coins and meme coins are rather a lottery than serious long-term investment. Some people who were lucky to buy exactly that shit coin that increased later really earned a lot, but it doesn’t mean that all of us are so lucky to guess what coin will be successful, so it is safer to look for really valuable projects and invest in them, especially if they offer something interesting and innovative.

[conected]

Investing in meme coin is like a gambling, it is so risky to invest because there is no real project on it and yes, not everyone will be lucky on meme coins but lucky those who invested earlier in meme coins but those who late will suffer of losing money. I invested on meme coin with my extra money but no luck for me, the meme coin that I invested still not progressing so it seems the meme hype is over so stay away investing in meme coins guys.

- Once our minds are blackened by greed and fear of missing out, we do not accept we are a late investor and there is no way to confirm whether our timing is good or bad, the mentality is simple and no one wants to be on the side of the late option, they are naive that they are an early investor, lost money from old projects to meme coin, from the first time to so many different times. Do lucky people really exist or not, I hear from you and you hear from others after such a series of investigations, rumors are still rumors and people still believe

[Golftech]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

The truth is that different shit coins and meme coins are rather a lottery than serious long-term investment. Some people who were lucky to buy exactly that shit coin that increased later really earned a lot, but it doesn’t mean that all of us are so lucky to guess what coin will be successful, so it is safer to look for really valuable projects and invest in them, especially if they offer something interesting and innovative.

Precisely! not everyone have that same luck when investing with shit coins, most of the time they are the one who lose

a lot since they are unable to jumped out before the crash happens. If you are still interested with working in this kind of

bussiness make that you are willing to let your money go if you also failed with your investment.

[bitcub]

I hate shitcoins, but to be honest, I spent a portion of my investments to it. Heres the list of my shitcoin bags and it will pump very soon like there is no other day.

Shiba Inu
Doge
Safemoon

Not a financial advice,but technically their price is about to pump in the next few weeks or a month. I'll give these coins a chance since we are in bull run.

[kapalmabur]

Everything is very simple, no one wants to talk about their failures in investing, most often these are beginners who lose their deposits in this way, and the creators of such tokens will always be in the black with proper advertising, the crypto world is full of naive people, this always happens and will continue for a long time.

When failure keeps repeating in the same place of course it's a really stupid thing,
especially for beginners who don't learn from those mistakes,
that's how the world of cryptocurrencies is and maybe there is some truth in what you say that it will repeat itself and will continue to happen

[livingfree]

I hate shitcoins, but to be honest, I spent a portion of my investments to it. Heres the list of my shitcoin bags and it will pump very soon like there is no other day.

Shiba Inu
Doge
Safemoon

Not a financial advice,but technically their price is about to pump in the next few weeks or a month. I'll give these coins a chance since we are in bull run.

You made me laugh to be honest, you hated it but you've invested. Maybe you're not really a hater of it but you see those people making gains from it.

Before, I liked dogecoin but missed it during its moon and probably won't be investing on it whether it's about to get pumped or dumped. I just realized it and nothing will change it as a memecoin despite the foundation is back.

[uneng]

I hate shitcoins, but to be honest, I spent a portion of my investments to it. Heres the list of my shitcoin bags and it will pump very soon like there is no other day.

Shiba Inu
Doge
Safemoon

Not a financial advice,but technically their price is about to pump in the next few weeks or a month. I'll give these coins a chance since we are in bull run.

To invest in such coins is actually the same as gambling with your money. There isn't any logical reason to explain why these coins can pump besides speculation that may happen or may not happen. It all depends on whales' mood and personal temporary wishes. It's a dangerous investment because shitcoins don't have the same solid background of Bitcoin, Ethereum or Binance Coin.
On the other hand, just like in gambling, some people think it's funny to invest in coins like the ones you mentioned and there is nothing wrong about it since they invest only what they can afford to lose.

[Jackl87]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

That is definitely true and you always need to keep in mind that if one guy makes 100.000 $ out of almost nothing then this also means that those 100.000 dollars that he gets from selling his coins need to come from someone else that is buying the coins from the lucky one. So if the lucky guy almost hits the ATH to sell his coins than all of the guys that buy his coins at that moment make a loss. So if one guy makes a huge profit it always basically means that at least one other person loses money. Those guys that buy from the lucky one can of course wait again until a new ATH is reached to sell their coins again but then again the coins just move to another person. The earlier you are the more profit you can make.

[Argoo]

No one is 100% lucky in the world of crypto, the volatility of cryptocurrency makes it unpredictable, there are some shitcoins that are good for investing and I am really proof of it because I already earned huge money from those shitcoins, I can say that I am lucky with that one, but still we are still in the crypto world, nothing has assurance.

I also believe that you can earn money on shitcoins only in the first and not very long time. They only grow in value due to the hype and excitement. Those who invested relatively early and got into this short period of growth wins and makes a very large profit if they sell them on time. All others suffer great losses. Sometimes they promote practically copies of the same projects, but the second time it almost does not work.
I prefer fundamental coins such as bitcoin and ethereum .. I work with tokens until a certain period of large profit, after which I convert to these coins. Dogecoin and other varieties of dogs, cats and other animals that have no real product, I'm not even interested.

[aemma]

This is very true, a lot of people are lucky with shitcoins and a lot are not as well, and the hard part of it is that, a lot will tend to follow the approach of the one who is lucky with shitcoins and some might even end up investing huge thinking same scenario with the other person will play out, but that is not always the case.
Also, there are people who have made good gains from good coins, and that is those who bought and held for a log time and they were duly rewarded.
Another striking thing about those who tend to follow the path of the guy who is lucky with shitcoins is, some of them ends up holding shitcoins in their wallet, thinking it will play out like Dogecoin without knowing that the team have already moved on their funds.
Therefore in as much as we are following others success stories, let us endeavour to know when to draw the line, there are many opportunities here, all it takes is time and consistent efforts.

[bct-user]

Shitcoins is more highrisk than ordinary cryptocurrency.

You are right. Shitcoins have bigger risks because most of the shitcoins are created with unclear concepts and even with no team members' descriptions. The increase in the prices just relies on the pump-dump scheme. So, it is not surprising if the price can increase significantly in a short time, then the price will fall severely and no increase anymore. Even worse, those shitcoins can be delisted on the exchanges if no people are interested to buy them again.

[Kasabus]

Shitcoins is more highrisk than ordinary cryptocurrency.

You are right. Shitcoins have bigger risks because most of the shitcoins are created with unclear concepts and even with no team members' descriptions. The increase in the prices just relies on the pump-dump scheme. So, it is not surprising if the price can increase significantly in a short time, then the price will fall severely and no increase anymore. Even worse, those shitcoins can be delisted on the exchanges if no people are interested to buy them again.

Shitcoins will always be trash coins as they only hype and then suddenly fall. And the worst is that they will never recover again in most of the time. It's only a pump and dump scheme so anyone who tries investing in it should always think its pros and cons. Although some got lucky enough making huge profits from them, but in the end they are still bound to fall and drop prices again.

So it's definitely like gambling if you plan to invest in shitcoins or meme coins. They might only give you short term profits but in the long run, their value will only drop to its bottom so there's no way these meme coins make ideal for investment.

[Questat]

That is really it was and it was wrong to rely on them as it was a huge possibility that they can give us nothing. Airdrops and bounties these days are no longer profitable unlike before and most of them are fake. Maybe some got lucky to have shitcoins that have a market value but to ask about if it could able to sustain the market demand that really becomes uncertain and the possibility it turns dead as well after a few days in the market.

[kak uli]

I think what you are talking about is very true, but it is important to remember that someone's success in investing in memecoin is because he has a community that has large capital so that they can play the market or manipulate the market with their community. I think they do it that way so that it can bring big profits, but many of us are affected by such conditions and become victims of their manipulation.

[tygeade]

Unfortunately the shitcoins that we see these days are all copy of each other. Do you know how many websites are LISTED on coinmarketcap that uses the frontend of pancakeswap? I mean literally the same front end code, with some changes, and literally the same idea, nothing to add on top of what cake is doing AND also.. literally using their code!

There are 47 that I know of, and this is not the total number, this is the number of places that got to CMC and listed, and that is just insane to think about. So yeah, shitcoins are hard to make profit, some of those coins made a lot of money, and some of them didn't make any money at all, which is why I have to say that it is hard to make money during these periods while investing into shits however if you know what you are doing and invest wisely, you can avoid most of them as well for being like this.

[Ronzybloch]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Why do you thing shitcoins don't have any worth?shitcoins gives a lot if our entry time is good ,  we cannot say that many poeple loss their asset in memes coin ,  many peoples are in loss by investing in good projects ? Why ! Shab inu is a meme  coin but many  people earned alot ,  as well as me as too

[mbakruroh]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Investment failure is a common occurrence, and it no longer sounds terrible. Those who invest in meme coins only hope that 1 in 100 will succeed, because we know most meme coins will surely die from circulation. But don't let us invest in large amounts, but invest according to the money we can afford to lose.

[Wicked17]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Investment failure is a common occurrence, and it no longer sounds terrible. Those who invest in meme coins only hope that 1 in 100 will succeed, because we know most meme coins will surely die from circulation. But don't let us invest in large amounts, but invest according to the money we can afford to lose.

That's what you called hopeless fantasy that can turn to reality. Somehow it maybe called as meme coin but i believe that it can change some ones life once you get the right timing. We have to admit that meme coin will gonna be regular in the circulation. Its just a cycle, we just need to get the right timing.

[MaiQwaN]

It must be understood that investing small amounts in cryptocurrencies can bring a lot of income, but at the same time they are accompanied by high risks of losing their investments. In my opinion, it is necessary to use this moment, not to lose your head at the same time.

[iv4n]

The entire crypto community suffers from shitcoins, or better to say some ponzi/pyramidal schemes! Bitcoin made that for people, who bought Bitcoins for $100 in 2011 (or earlier) probably count millions now, but people waited years for that and many people invested a lot of energy, hard work, time in Bitcoin, and I guess nobody back than expected to see Bitcoin high so soon! People who wish to make the same in weeks, without any work, just like that, live in an illusion, and if someone earns many others will lose!
When it comes to shitcoins, only people who run the show earn, and maybe others with fast fingers, but the rest are just in one big minus!

[bct-user]

So it's definitely like gambling if you plan to invest in shitcoins or meme coins. They might only give you short term profits but in the long run, their value will only drop to its bottom so there's no way these meme coins make ideal for investment.

Yeah, shitcoin is not an ideal coin to invest but we can take profits on them if we know the way. Note that when investing in shitcoins, don't set a long-term target but just a short-term only. Buying the shitcoins when it is still in the early of the pump, then sell them immediately if it looks like already good enough profits to take. Don't wait too long and don't be too greedy! Because the hype surely won't last a long time. We will be in trouble if the hype is already over but we are still holding the shitcoins.

[Bollexz1]

It must be understood that investing small amounts in cryptocurrencies can bring a lot of income, but at the same time they are accompanied by high risks of losing their investments. In my opinion, it is necessary to use this moment, not to lose your head at the same time.

I second your opinion. Perhaps, remember not to invest more than you can afford. Apply this method in every of your investment and you'll do just fine.

[Wulan_maniez]

I'd rather shy away from shitcoins or meme coins. I've experienced it and it's just a loss in the end, because once the price drops, it will recover for a very long time, it will never even recover again in price. And developers are creating new meme coins or shitcoins again, to mine new profits for them. And they left behind the old meme coin and its shitcoin, which has taken a lot of money from trader and investor.

[Gbniman]

That's why i will rather invest on good project, because shit coin is a gamble you might get lucky but to be sincerely shit coins aren't worthly either you stay away from it or get loss.
To me i prefer to invest my money on big project, shit coins are just meant to pump and dump, they only pump because of grow in value due to the hype, may one influencer talk about it and may people start to gain interest that's when they pump. It good to invest on large solid investment.

[Plinteng]

I observed that most of the meme coins listed on the ethereum platform and binancesmartchain are just to deceive their investors, they deliberately create such coins with the aim of attracting the attention of new investors. new investors often lose out on it. I suggest not to be interested in that kind of meme coin.

[bct-user]

Not everyone can be lucky when it comes to shitcoins

I cannot say that it is a "luck" related to investing in shitcoins.
There is no that kind of luck, but pure our carefulness and analysis about the coins.
Shitcoins will be always shitcoins, not luck.

I observed that most of the meme coins listed on the ethereum platform and binancesmartchain are just to deceive their investors, they deliberately create such coins with the aim of attracting the attention of new investors. new investors often lose out on it. I suggest not to be interested in that kind of meme coin.

This scheme is always the same, following the hype at that time, creating new tokens easily with certain network and platforms. And they make such a hype and Ponzi scheme. And commonly their target is newbies here they are new, not knowing about the ays to invest and they only focus and triggered by the very high-profit opportunities (in fact it is a scam or fake).

[Princejebs]

Since the beginning of pandemic, I have witnessed lots of pumps from new projects and existing ones but it sucks to let them go because I don't do pumps and dump. The last one I tried in MXC exchange nearly made me loose my mind but I got over it. Since then, I keep off anytime I see a coin pumping that's why I never I entered doge despite the pumps Elon made doge to go through but I never buy into them but may be I will try again but this time, small or little money to save my self from heartbreak.

[Yamifoud]

I'd rather shy away from shitcoins or meme coins. I've experienced it and it's just a loss in the end, because once the price drops, it will recover for a very long time, it will never even recover again in price. And developers are creating new meme coins or shitcoins again, to mine new profits for them. And they left behind the old meme coin and its shitcoin, which has taken a lot of money from trader and investor.

Dogecoin is an example of a meme coin but quiet to see it stay in the market for many years. Only just a few of them will survive but the majority will end their existence so fast. Buying or holding these no-use-case projects will give you an embarrassing crypto experience because even you have kept them for many years the more they become useless and surely have a $0 market value.
If we are smart enough, we don't just rely on luck with these shitcoins but instead choose those potential ones.

[tabas]

I observed that most of the meme coins listed on the ethereum platform and binancesmartchain are just to deceive their investors, they deliberately create such coins with the aim of attracting the attention of new investors. new investors often lose out on it. I suggest not to be interested in that kind of meme coin.

It's been so long since they've been doing that. The ICO has passed, the IEOs and as well as the new craze, the NFTs. They've been doing that and deceiving a lot of investors.
Because it's easy to make a new coin through contracts and chains, these scammers will do everything to make their project and swindle the money of the innocent investors especially the newbies.

[Connor Britton]

No one will talk about their own failure experience after losing money. To save face.
The meme coin market needs opportunities. Only a few people can seize the opportunity.
The mem coin is more risky than other coins.
Others don't want you to become richer than him. Will not tell you the best time. You can only analyze the market yourself. There are no rules for meme coins.

[Nora Olin]

This is indeed the truth. This kind of experience is not often mentioned. No one can control and master the volatility of encryption. Indeed, many people have invested in junk coins and made considerable profits. This is very lucky, because there are also unlucky people. Part of the loss may occur, so knowledge and common sense are necessary when investing.

[ninabobo]

You noticed right! I completely agree with you in this regard.
I try to dissuade anyone I can from buying such coins or persuade them to risk little money. Meme coin is like a lottery, there is not even a chance like in a casino.

It's really so bad that most people only think of what they could benefit from meme coin without thinking of the risk involved. Meme coins are shit coins and not everyone could be so lucky so it would be nice to just avoid them and look for a better coin with good potential and uses case, we would only hear of the ones who got so much profit investing in it why deep down the rate of people loosing money to these shit coins are way too high.

[Tomohisa]

I observed that most of the meme coins listed on the ethereum platform and binancesmartchain are just to deceive their investors, they deliberately create such coins with the aim of attracting the attention of new investors. new investors often lose out on it. I suggest not to be interested in that kind of meme coin.

It's been so long since they've been doing that. The ICO has passed, the IEOs and as well as the new craze, the NFTs. They've been doing that and deceiving a lot of investors.
Because it's easy to make a new coin through contracts and chains, these scammers will do everything to make their project and swindle the money of the innocent investors especially the newbies.

That's why just follow the standard protocol of research when investing in a new, whatever if it was ICO, IEO, NFT or anything similar to the new craze in the future. If you do your research properly, you won't get scam by lazy new coins base on smart contracts or smart chains unless you're really unlucky/.

[TWW]

That's why just follow the standard protocol of research when investing in a new, whatever if it was ICO, IEO, NFT or anything similar to the new craze in the future. If you do your research properly, you won't get scam by lazy new coins base on smart contracts or smart chains unless you're really unlucky/.

scammers will always be in every popularity that occurs in the market.
meme coin takes some people flying then knocks them down. especially those who like to follow the hype without having the considerations and skills to support it.

[dark1234]

I think big investors prefer to be silent or report to the authorities if it is a shitcoin from a scam investment project, to be honest maybe more people who talk and write here are bounty hunters who are actually annoyed with what they have got

[jack wira]

I myself am not so sure about coin memes or sitcoins,bro,because I see no satisfaction in investing in this coin, because the price is very volatile and extraordinary, even out of control, so I also don't want to gamble (take risk) with a sitcoin bro.

[tabas]

I observed that most of the meme coins listed on the ethereum platform and binancesmartchain are just to deceive their investors, they deliberately create such coins with the aim of attracting the attention of new investors. new investors often lose out on it. I suggest not to be interested in that kind of meme coin.

It's been so long since they've been doing that. The ICO has passed, the IEOs and as well as the new craze, the NFTs. They've been doing that and deceiving a lot of investors.
Because it's easy to make a new coin through contracts and chains, these scammers will do everything to make their project and swindle the money of the innocent investors especially the newbies.

That's why just follow the standard protocol of research when investing in a new, whatever if it was ICO, IEO, NFT or anything similar to the new craze in the future. If you do your research properly, you won't get scam by lazy new coins base on smart contracts or smart chains unless you're really unlucky/.

Yeah, it's about how you're good at researching and not a gullible investor unlike the others that have been investing to every new project without researching.
The ending of it, they're doing the same mistake because of that repetition and not learning from the experience that they've made.

[Rikotin]

What do you expect from shitcoins? if you are able to earn hundreds or even thousands of times, then you can also vice versa, losing up to thousands of times. Shitcoin is not an investment strategy and calculation, because almost all investments are based only on signals and luck, and such things are definitely high risk

I agree with you, in fact it is true because I personally have also tried to invest in meme coins but not with big money and no more than $13 just as a of my curiosity at that time. most of today's meme coins have no real utility. maybe enough doge and shiba for the last time.

[Handsome Boy]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

I agree with you, therefore I have never invested in meme coin and only invested in altcoin that already have a product, because it is safer and more profitable for me, moreover meme coin has no function, so of course it is very unsafe to invest for the long-term, so for those of you who invest in meme coin, then I suggest to take profit if the price has increased and gives you a profit, because the risk is very big and of course you can lose your money.

[7788bitcoin]

Since the beginning of pandemic, I have witnessed lots of pumps from new projects and existing ones but it sucks to let them go because I don't do pumps and dump.

Did you mean to say that you will invest in pump and dumps, yes that is a good way to avoid the shit storm. I will never invest in pumps and dumps after the last rally because i learned these the hard way.

The last one I tried in MXC exchange nearly made me loose my mind but I got over it. Since then, I keep off anytime I see a coin pumping that's why I never I entered doge despite the pumps Elon made doge to go through but I never buy into them but may be I will try again but this time, small or little money to save my self from heartbreak.

Not heard about that, but investing in legit projects during the initial period is not that bad, it is not that easy to find good projects but still if you are able to find and you are confident in the team, then you can invest in them.

[dimox]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

as we know, if the profit you get is big, then the risk is also big, so of course meme coin has a big risk, because you can get a big profit too from investing in meme coin and I recommend not investing in meme coin if you are afraid of losing your money, but if you are ready to take the risk, then you can invest in meme coin, because you can get a big profit from investing in meme coin and of course with a big risk too.

agree, its like you just lucky enough or not. buy shit coin like you throw away your money, and never think about that one. you can check every moment but never put big hope on them.
if you are newbie, never buy this coin. just invest on big or survived coin, they will give you profit. and you can manage your experience by doing shit coin little by little.

[TheGreatPython]

It's been so long since they've been doing that. The ICO has passed, the IEOs and as well as the new craze, the NFTs. They've been doing that and deceiving a lot of investors.
Because it's easy to make a new coin through contracts and chains, these scammers will do everything to make their project and swindle the money of the innocent investors especially the newbies.

That's why just follow the standard protocol of research when investing in a new, whatever if it was ICO, IEO, NFT or anything similar to the new craze in the future. If you do your research properly, you won't get scam by lazy new coins base on smart contracts or smart chains unless you're really unlucky/.

Sometimes things just fail, and not scam not steal not hacked, just fail. That is the hardest thing to figure out. I have seen projects who had amazing founders team, amazing idea, amazing budget, and still failed because people didn't care enough about it at all.

It was basically an idea to make crypto ecommerce world, all the amazon, ebay and so forth stuff that you know, it would be like that with its own coin as well as chain tied to products as well and they actually had thousands upon thousands of products as well which was awesome, tested it, got the delivery as well, it was seriously just amazing. What happened? I happen to just end up with a shitcoin because people just didn't want to buy stuff from there, since people didn't use that place, the price couldn't stay high and it tanked. There were no bad people involved, the idea just tanked.

[Ruvi2000sew]

Because of the significant danger of losing your money in a matter of days or weeks, everyone should consider investing only what they can afford to lose when it comes to shitcoins. Because most shitcoins are pump and dump coins, many individuals dump them in their early stages once they are placed on the market, this is how they got popular with the general public. So the person who believes he can keep it a little longer will suffer and, in most cases, will not be able to recover his investment or cash.

[AF_Nill]

Last 2021 BTC Pick I just try my luck and go with Shitcoin. Just honestly without know anything I made lots of Money from Shitcoin Invest and I become more greedy and this reason. I know others members also gain more than 100X per day from Shitcoin. But this High money never helps us in Crypto, For this, I become more Greedy and invest all my money in Shitcoin! As a result, Shitcoin lost his pick, and I invested all money Gone!
After this accident, I learn Never to go with others Analysis!

[Banulit]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Always Do your own research before especially in shitcoins that you wanted to invest with because most of this shitcoin are pump and dump tokens which can give you either 1000x profit or -1000x profit.

[Fredomago]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Always Do your own research before especially in shitcoins that you wanted to invest with because most of this shitcoin are pump and dump tokens which can give you either 1000x profit or -1000x profit.

That post above you is very true. When reading successful journey to a certain project, people are easily being inspired. With curiosity about them, they follow the project to the point that they also invested with it.

The problem with this people even if they already got some knowledge about shit or meme coins that they are eyeing to participate they still willing to push forward and take the high-risk investment, when being trap or when everything falls to nothing they've learned things the hard way and most of them never invested back.

Better to work with decent project that have usable services to offer, Meme/shit is being classified as game of luck and good timing.

[midaslordes]

All we keep hearing about is a guy who invested 100$ in meme coin and go home with 100,000$ but no one is talking about those guys who invested 10,000$ in meme coins and go home with zero $ , the truth is many losses more money than those who win investing in meme coin, it's like buying your fantasies when you know that your chances are very slim, meme coins are shitcoins but many don't want to accept just because someone make 100,000$ off the shitcoin haha

Do not fall in this kind of trap that shitcoins can make you rich because these were made for a pump and dump purposes and once that people on this shitcoins accumulated a good amount of gain then they will definitely dump and leave. Always remember to make sure that you invest on the token you are familiar with and with high recommendations.

[kingangel]

Yeah that's the real truth, but if we do nothing with the sh*tcoin we also get hurt we missed the change if the coin go pumped hard. Buying coin coin with speculation is also important for me, but i never spend more than 10% of my portofolio to do that. So i just splitting my 10% to random cheap coin with potential, and forget about the profit

[llooafer]

All we know is the good news shared by profit-making people, and there are many people who lose all their money through investment. This is a need to seize the opportunity.

[kodtycoon]

All we know is the good news shared by profit-making people, and there are many people who lose all their money through investment. This is a need to seize the opportunity.

And you don't have to trust everyone who shares good news only for their own needs without seeing the losses experienced by others, that's why everyone is required to do analysis and research on every current market condition, so that you can take the right steps for all things.

[junmisakiro]

When we hear the word Shitcoin, of course we imagine that the price of the coin or token is not based on its inherent value and has no real purpose, so it is not surprising to see that in general many shitcoins only last temporarily, so if we are not ready to lose then don't never tried to invest with shitcoin because it is just an empty promise to make big profit.

[bitterguy28]

actually most fails in Shitcoins and very few succeed , i even have no luck in putting money in shitcoins lol.

I have failed 4x in some advices that's why not I really hate this kind of projects and never buy any of them again.
instead i choose ranked coins that has cheaper value for a chance of gaining in long term.

When we hear the word Shitcoin, of course we imagine that the price of the coin or token is not based on its inherent value and has no real purpose, so it is not surprising to see that in general many shitcoins only last temporarily, so if we are not ready to lose then don't never tried to invest with shitcoin because it is just an empty promise to make big profit.

in short these coins are the one who literally being manipulated.

[evichi]

Investing in most meme coins is very much like a game-of-chance. Very much like betting or gambling. The investor simply hopes to experience surprises. One of the disadvantages is that the investor is tying his/her funds down, funds that could have been invested in a better and more promising project(s). A healthy investor should always carryout research before parting with your hard earned funds. It is not advisable to invest blindly, be it meme coin or not.