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Author Topic: How are your shitcoins?  (Read 2807 times)
Wind_FURY (OP)
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October 11, 2021, 06:22:05 AM
 #1

Are they OK? Cool

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.

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October 11, 2021, 12:18:38 PM
 #2

They are literally low  Cheesy Undecided

You are right about those moves, but about bull run, I hope not  Grin Grin Grin
I still got some sh*t coins I would like to sell in nice price, so hope it will also go up.

But I think when you look in past for price inspiration, we can't predict it anymore, because such situation with Bitcoin price behavior (with few "small" corrections) hasn't been there yet.
Maybe it is because it is becoming so popular and unfortunately so commercial and whales are coming in (just for profit)

Let's see  Cool

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October 11, 2021, 01:12:05 PM
 #3

A perfect example of shitcoin.
With Bitcoin keep increasing these past few days, it's the season that altcoins are getting rekt. It's like they dumped too hard but when rebounding, a very low percentage of bounce. That's why we should never underestimate Bitcoin, even we may think there is low ROI for Bitcoin, I don't think that is only the reason why we should not buy it.

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October 11, 2021, 01:54:39 PM
 #4

Yes of course I'm still fine with a few altcoins in hand.  Cheesy

Shitcoin tends to always be opposite to bitcoin and currently bitcoin is up Shitcoin is still in decline, I don't know what cycle it is but for sure because some time ago the shitcoin pumped and they threw it away but basically it will follow bitcoin again, well we wait until bitcoin reaches ATH is met.

In fact I'm not too worried if bitcoin goes up by itself. There is still hope for shitcoins to rise.

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October 11, 2021, 02:09:12 PM
 #5

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.
It depends upon which shitcoin rises during this rally, some of the newer shitcoins might rally during this period but i am not sure about the projects that are already in the market as there are many project that died or are struggling to attract investors or users, so expect those to pump so that the developers gets out and make a huge profit  Cheesy. I had a ton of shit coins and if those rises i will book my profit  Cheesy.
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October 11, 2021, 02:11:18 PM
 #6

Are they OK? Cool

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.

This has always been the case with shitcoins. Only a few were pumped even by several thousand percent. Now, too, it will depend on the luck which coin gets pumped. Because I'm sure when Bitcoin hits the new ATH, some shitcoin prices will start skyroceking as well. Whoever manages to earn depends more on luck, because it certainly won't be all shitcoins. There are just too many of them now.

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October 11, 2021, 03:13:49 PM
 #7

To be more precise I'm fine with altcoins, and not too focused on the hype movement of shitcoins. Even more so to see Bitcoin is quite good and in its ideal position. Some shitcoin connoisseurs are being careful and hopefully they won't get carried away just waiting for the ROI profit target to double.
Seeing the shitcoin hype, it's hard to predict, even pump and dump in a relatively unreasonable way.

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October 11, 2021, 03:38:07 PM
 #8

Are they OK? Cool
They are not.

Quote
If Bitcoin surges, shitcoins go up LESS
Shitcoins can go down because they will be shocked by the rise of Bitcoin. Investors will consider shitcoin value in USDT, not in BTC.

Quote
if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.
If Bitcoin breaks the ATH and heading upwards with a new parabolic run, shitcoins will lose their values so much. They can recover later but if you hold them, you will gamble that those shitcoins will have good recovery in BTC value. It is not good plan.

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October 11, 2021, 05:21:55 PM
 #9

I discovered recently that shit coins are actually in the mud. The only crypto asset in my wallet which is currently in profit is Bitcoin and Ethereum. All others are yet to add value. Large respect for Bitcoin. Bitcoin remains the best crypto asset to hold come the next generation.
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October 11, 2021, 07:21:01 PM
 #10

The rate of growth of shitcoins compared to the move of bitcoin for the past two weeks is not the same at the moment but during the last ATH of bitcoin to $64k many altcoins took ATH which means the growth level then was still high and encouraging. Example doge coin did a good run to a good ATH and hopefully it may take such move by the time bitcoin goes close to the ATH.

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October 11, 2021, 08:19:37 PM
 #11

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.
Yeah, my shitcoins has been horrible as well, few didn't even go up while bitcoin went up, literally watched bitcoin go from 42k levels to 55k+ levels and did not move at all. Most of them did move but not as much as bitcoin of course, only just one of them moved very high, even higher than bitcoin did. All in all I have this wallet where I send all my shitcoins and they are all there making absolutely no return at all and mean nothing.

If I sold them all and invest it in something proper, I could have made 10x return so far, and yet for some reason I am still not doing it, I guess it is some personal stuff, it makes me feel like I diversified even though they are shit and I hope that one day maybe one of them could skyrocket a lot and make it all worth it, I would be devastated if I sell it right now and then it goes up a ton right after I sell it.
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October 11, 2021, 08:22:11 PM
 #12

After forgetting the shitcoin in the wallet, now i feel much better, because I can focus on more profitable coin trading. Shitcoin can never give you anything, although Bitcoin price was able to reach new ATH, Shitcoin will remain at rock bottom like trash that has no value.
to be honest, i don't really like shitcoin, some people hope that there will be a miracle from abandoned coin into money-printing machines. But for me, The real money-printing machine is on a project that has a clear direction.


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October 11, 2021, 09:16:42 PM
 #13

I invested a lot in a few small projects six months ago and unfortunately most of them either lost their value or are standing still. Bitcoin or Ethereum would be a better choice for sure, but I was hoping that altcoin season would start and even shitcoins would start growing as it was in 2017. I keep holding them and not selling them because I believe the era for crypto projects is just beginning. We will see wher it will hit.. Wink

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October 11, 2021, 09:48:28 PM
 #14

Are they OK? Cool

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.

I think this bitcoin-only bull run so far not only affects shitcoins but the entire altcoins space. Even ethereum has been at a stand still ever since Bitcoin resumed it's UP only movement to attain a new ATH. Imo, until bitcoin reaches its new ATH, we might not see many altcoins making those massive moves that we're all expecting especially in shitcoins as those would take the most hits if bitcoin continues.

 
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October 11, 2021, 10:39:26 PM
 #15

I think this bitcoin-only bull run so far not only affects shitcoins but the entire altcoins space.
It affects all altcoins' prices as you said. I have some altcoins, including shitcoins, all of them are affected by the increase of Bitcoin now. But I am not worried because looks like Bitcoin won't suddenly reach $60k, it seems to stay at $57 first. If it happens, altcoin prices can increase again because Bitcoin is sideways. I think there is still hope for altcoins to increase again. As long as Bitcoin keeps increasing, it is also a good sign for altcoins' prices.

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October 12, 2021, 12:53:22 PM
 #16

Are they OK? Cool

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.

most of the shitcoins I have are only from smart token eth . and most of them are just a display in my wallet with no value at all. because to be honest I don't really have any hopes for coin like that either. let it be display with no value at all. most shitcoins like that don't have much effect on Bitcoin's rise or fall.

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October 12, 2021, 01:16:39 PM
 #17

Are they OK? Cool

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.
Shitcoin only goes up when the hype is there. It doesn't matter if the price of BTC or other Altcoins goes up or down. When the hype wears off the price will start to crumble.

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October 12, 2021, 04:08:51 PM
 #18

The hubris itt is hilarious.  Just don’t forget alts will most likely start trending up in a strong way right after BTC pumps start to wane.  And BTC is having its day now but watch dominance go down as alts make up for the lost ground.  

...  Anyway, it’s always a good idea to always be humble.

R


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October 12, 2021, 05:23:19 PM
 #19

If Bitcoin surges, shitcoins go up LESS, if Bitcoin goes through a dip, shitcoins go down MORE. Bitcoin is currently only a few percentages from ATH. Everything in this part of the bull cycle might be only for Bitcoin.
I don't want to say much about the value of shitcoin at the moment although I still favor it, but maybe in the near future, when bitcoin becomes more and more important with legalization from many countries around the world. It is a better focus than the rest of the market. I think most shitcoins should be deleted if it's worthless.
It won't be ok Smiley)

bitcoin drops 10% then shitcoin drops 1000%, and when bitcoin goes up there are no surprises but purported shitcoin pumps.

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October 12, 2021, 06:06:42 PM
 #20

Shitcoins are shitcoins, they are shit. If the question is how our portfolio is doing, mine is doing mighty fine these days, considering even the bitcoin increase itself was good enough to cover most of my losses, the other increases were just happy additions to that. However do I own coins that made a loss overall? Of course I do, they are shitcoins! Cheesy. That is what they do, they make you a loss which makes them the shitcoin to begin with.

This is why I always wonder what people mean when they say something because sometimes what they mean and what I understand are two different things. You do not ask how shitcoins are doing, if they were doing good then they wouldn't be shitcoins to begin with. Or if you think there are shitcoins that does well in some short term periods then they are not really shitcoins but underperforming coins at the very best.
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