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Author Topic: Shitcoins and Memecoins  (Read 730 times)
jossiel
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October 24, 2022, 09:25:19 PM
 #21

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.
I didn't noticed that.

Are they making some gains right now? AFAIK, they're only good when the market is in bull run but not as of the moment. It seems that there are still hopefuls for the shitcoins.

Well, just a tip.

That only invest what you can afford to lose with that genre of altcoins.

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October 24, 2022, 09:36:45 PM
 #22

shitcoins in general aren't getting any investments right now, if you think it's still shitcoin era, I guess it is if you consider lunc as shit coin, but then again, shit coins still in general lacking investments and added with the fact that the trend is still correction in general most your shit coins will just losing its value in the long term.
I think even meme coin is losing more and more values, better invests in something like matic.

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October 24, 2022, 10:07:30 PM
 #23

Did you not notice it is bear season? Shitcoins mostly do well in bull season because the market force will give them the ability to pump regardless. Bear season on the other hand is not so good for Shitcoins, they will die a natural death the moment they are launched.
Good projects are scared of launching because of the market condition let alone Shitcoins.
Between, I think majority of members here are very familiar with the term shitcoins, no need for the definition.
It is as if the OP has not taken a look at a single chart during the last year and still thinks that we are experimenting some sort of bull market, but for the people that have been putting attention to the markets we know that shitcoins will continue to do terribly until bitcoin finally goes through its halving, and depending on how things evolve at that point it is even possible it could take a little longer than that as it seems to me the economic situation around the world could still be unstable at that point.
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October 24, 2022, 10:19:29 PM
 #24

if you're ready investing in shit coins then you should be ready getting rugpulled since the name implies itself as shit basically you could lose your money when investing into this coin, these shitcoin generally are more volatile than the ordinary coins in general, even though it might seems interesting to invests because of the volatility, doesn't mean you're gonna be making good profit out of it, instead you could be the ones that's losing instead, the chance of creating good returns is rather low honestly.

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October 24, 2022, 10:30:23 PM
 #25

if you're ready investing in shit coins then you should be ready getting rugpulled since the name implies itself as shit basically you could lose your money when investing into this coin, these shitcoin generally are more volatile than the ordinary coins in general, even though it might seems interesting to invests because of the volatility, doesn't mean you're gonna be making good profit out of it, instead you could be the ones that's losing instead, the chance of creating good returns is rather low honestly.

But there could be some that are willing to invest and exit on time before the rugpulled. But I guess majority isn't as lucky as others, because maybe of their greed or something. Or the believed that their money will continue to multiple because the shitcoins is growing like 1000%. Nevertheless when it hit the apex, for sure the price will go down very hard and if you didn't get out, instead of winning big, all of your money is gone from.

shitcoins in general aren't getting any investments right now, if you think it's still shitcoin era, I guess it is if you consider lunc as shit coin, but then again, shit coins still in general lacking investments and added with the fact that the trend is still correction in general most your shit coins will just losing its value in the long term.
I think even meme coin is losing more and more values, better invests in something like matic.

I think they are, but maybe we didn't get the news until they already grown so big that it's a risk to invest because some of us are late already. And I believed that this is a niche market, there are investors that are into shitcoin, or we can call them manipulators or part of a pump and dump group. And they are making this shitcoin because they know that at some point there are newbies that are going to pick up their coins and invest and thinking they can be instant millionaires.

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October 24, 2022, 10:31:25 PM
 #26

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.
most investors think meme coin and shitcoin will make 100x-1000x bigger profits, i would say yes it might happen when bulls come crashing into the market like last year.
but i will also say that neither the shitcoin nor the meme coin hype is over and it's really hard to believe it anymore.
maybe it will increase the price to reach 100x but after that it will be discarded again and become $0 after that it seems like it has no value anymore.
maybe you need to consider all of this before going further into meme coin or shitcoin

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October 24, 2022, 10:42:55 PM
 #27

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.

If you don't want to lose your investment and get a headache totally ignore these kinds of tokens, they are not called shitcoins for anything they are highly speculative and if you're not following how they are traded in the market, you will lose a lot of money, only seasoned traders and manipulators invest on Shitcoins.

Better concentrate on what matters the most and these are coins that have proven themselves in the market, and if you want to invest in a new coin dig deeper and check what they can offer to the community.

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October 24, 2022, 10:51:19 PM
 #28

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.
Most of the meme tokens are shit projects, they have nothing to offer here in the market aside from the hype and aside from being a scam. I’m done with meme tokens as well, I don’t want to do the same mistake before and with this, buying meme token is not my priority. Why take such risk on a meme token or a shit project where you can easily buy top coins? That’s a more wise decision to me.

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October 24, 2022, 11:56:44 PM
 #29

Shitcoins are everywhere. Just think that most altcoins or cryptocurrency projects right now are shitcoins, the majority are shitcoins. I believe that there is only a small percentage currently that there are legit projects, it is already proven.
And for every bear market, these shitcoins are starting to get wipe to the market which is a good thing also.

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October 24, 2022, 11:59:40 PM
 #30

Coins that exists without any purpose or usage gets added to the shitcoins list. Just tokenising will be done with these projects. Once these kind of projects were successful in the market giving good profit to the investors. When things get better with better adoption, automatically those projects that aren't upto the standard got delisted.

Memecoins are developed based on some incident or purpose instantly. Recently during the death of Queen Elizabeth more than 20 coins reached the market in her name. Those doesn't carry big value, but some gets hyped and turns successful without reason.
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October 25, 2022, 12:15:43 AM
 #31

They're all the same regardless of what you call them imo. They're both a gamble with most of them having a higher chance of being an exit scam instead of proper investment. The rest can be seen as legit projects but don't really gain traction and then there's the extreme minority that grows in value due to hype which stayed for longer without any actual reason. I doubt they'd stop or leave the market scene, just like projects are being made left and right monthly, the same could be said for these types of coins.

R


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October 25, 2022, 01:02:53 AM
 #32

Look at how the market is moving before you recommend us to invest with shitcoins or meme coins, in the current market situation I don't think this is the right time to buy shitcoins in a bear market and many investors are also not interested in investing in them because they realize they will lose everything if they invest with shitcoin at the wrong time, sometimes shitcoin can indeed give us profit but that will only happen when the market is bullish.

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October 25, 2022, 01:25:54 AM
 #33

Just noticed your username OP  Cheesy
Hopefully you hang around longer than her if you understand me.

Shitcoins & memecoins can make you money but most are a sure fire way to lose money. It’s a big risk to invest in memecoins but if you do, don’t risk too much because most of them don’t have longevity imo.

She will. The forum is not parliamentary.

Shitcoin is moved by the trolling community and the pump-and-dump devs themselves. If anyone wants to go along with thier scheme, they just have to make sure they can sell even before the price hits its ATH so they won't be left behind. Every layer1 platform today have its own Inu tokens. Pinkie Inu on BNB Chain is the latest to have vroomed.


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October 25, 2022, 02:21:59 AM
 #34

Did you not notice it is bear season? Shitcoins mostly do well in bull season because the market force will give them the ability to pump regardless. Bear season on the other hand is not so good for Shitcoins, they will die a natural death the moment they are launched.
Good projects are scared of launching because of the market condition let alone Shitcoins.
Between, I think majority of members here are very familiar with the term shitcoins, no need for the definition.


hahah its like savage in game Cheesy


yeah even a good project not gonna launch in this bear market to me there is no pretty much different memecoin or the shitcoin its justpump and dump if you can fight the volatility maybe you can make a big profit but this bear market is not friendly especially with shitcoin

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October 25, 2022, 04:11:03 AM
 #35

Shitcoin and memecoin are always hated but always exist because coins like this are used by manipulators to continue to earn a lot of money from the crypto world it is undeniable and the most losses from these coins are retail because they always think the price will rise and do not know that the manipulators are ready to exit the market and leave the market with such damage.

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October 25, 2022, 04:34:26 AM
 #36

Shitcoin and memecoin are always hated but always exist because coins like this are used by manipulators to continue to earn a lot of money from the crypto world it is undeniable and the most losses from these coins are retail because they always think the price will rise and do not know that the manipulators are ready to exit the market and leave the market with such damage.

Those who hated memecoin don't know the fun in the memecoin tho but it's different in shitcoin since shitcoin is really trash coin. I think that shitcoin and memecoin are really different and the value they give is also different. It all depends on us how we use the opportunity that memecoin gives to us and how we treat shitcoin which can give us both loss and profit.


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October 25, 2022, 05:33:10 AM
 #37

The secrets of Shitcoin or memecoin is to discover them at the newly birth time and invest maybe before dump you had already made your x and leave as other leave, the worst thing that would happen to a man is to invest in those coin at dump at then all your efforts are gone and can't make out any gain from it, Memecoin can somehow be preferable it last for short period other than shitcoin, at the bear they are all gone.

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October 25, 2022, 09:57:26 AM
 #38

That's what you get during bear market seasons and majority of people knows it. The hype is stagnant and not in the current market today but shitcoins and memecoins you are referring will be back on its ground when bull market resumes. Besides don't under estimate meme coins because many people made huge money on it last year, so chose your words wisely. Wink
There's no hype anymore for shit coin. The hype has gone since people were only being scammed by so many scam meme token in the market. I have seen that so much people who have been doing pretty well by gambling their money in the meme token but most of people got rekt. They got scammed. The scammers are rugpulling liq pool. That shit will not happen again for now. The era for meme token already ended. People will never trust it anymore.

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Jackl87
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October 25, 2022, 12:57:08 PM
 #39

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
What are Shitcoins?

First of all nice name OP. Regarding the topic of the thread. I don't think that it is shit-coin season and i really hope that there won't be another shit-coin season like the one we had a year ago again, because in my opinion it did hurt the crypto market as a whole and was also one of the main reasons why we are in this bear market now.
I also think that all meme-coins are shit-coins because as they don't offer any functionality and the only reason those projects were started was that the team members wanted to hop on the dogechain hype train and to earn some quick and dirty money that way. None of those meme-coins should exist.
sana54210
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October 25, 2022, 09:14:31 PM
 #40

The secrets of Shitcoin or memecoin is to discover them at the newly birth time and invest maybe before dump you had already made your x and leave as other leave, the worst thing that would happen to a man is to invest in those coin at dump at then all your efforts are gone and can't make out any gain from it, Memecoin can somehow be preferable it last for short period other than shitcoin, at the bear they are all gone.
The problem is that there are a lot of people who think that it could repeat. Look at doge and shiba, people are still holding them and even buy more right now since it's cheaper, thinking that when the next bull run comes, the price of those two things will grow super high once again, doge will pass 1 dollar and all that.

I am not saying it's not going to happen, there is of course a possibility that they could grow, but when there is already a guaranteed btc, eth, bnb, ltc, ada, sol, avax type of projects out there which will grow for sure, why would you spend your time on trying to hope that the memecoin you invested into would grow one day and make you some money?
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