Shitcoin games in exchanges

[Canva2020]

As long as there are people out there who are going through the risk, then I have to stay, because you have to focus on the market situation, you might have invested some money in an exchange and then the exchange might dump, you feel attracted to invest in an exchange in altcoins. Doing so, I think you will be taking a risk by investing in all these exchanges.

[Magic-Money]

The cryptocurrency investment game in shitcoin is a very high risky business one need to be careful before investing on shitcoin, because of the rate of dumped is high, mostly from the team behind the project wallet, which most new investors into alt-coins has no ideas, base on my experience investing on shitcoin that turns some of the assets to zero dollar, but few are successful that makes me recover from some wrong investment made. Therefore investing in shitcoin is not one hundred percent sure one need to hope on.

[Justin999]

Except top exchanges, rest of Most of exchanges will list your project even shitcoins if you give them money.

Obviously new and upcoming exchanges are gonna need more funding than top exchanges do. So they will get any money they can get. I mean even top exchanges gather sponsors to get the money required for development and improvement of their software.

That's damn true. That's why i notice many altcoins listing on some exchanges that i haven't heard about. Even i also doubt about their service and withdrawal process. Besides lack of liquidity also make me out of these exchanges. Besides it sad that, not best exchanges but many good exchanges also doing such shit listing because of money! Yeah, money is king at the end. But thus many people end up their whole balance due to such shit listing gaming policy.

[btc78]

But thus many people end up their whole balance due to such shit listing gaming policy.

The amount of projects no matter how useless being listed might not drive away as much clients as people think. Personally I would not mind if an exchange is listing a coin that isn’t of quality as long as they are providing good services and benefits. It’s so hard to find a good exchange that if they need more money to support the development of their software then so be it. Of course this comes with a price of their credibility

[Volimack]

The cryptocurrency investment game in shitcoin is a very high risky business one need to be careful before investing on shitcoin, because of the rate of dumped is high, mostly from the team behind the project wallet, which most new investors into alt-coins has no ideas, base on my experience investing on shitcoin that turns some of the assets to zero dollar, but few are successful that makes me recover from some wrong investment made. Therefore investing in shitcoin is not one hundred percent sure one need to hope on.

Yeah shitcoins go up very low and most of the coins disappear from the market they have no value. One of the reasons people lose money in cryptocurrency investments is due to poor management of shit coin projects. Many crypto projects have a very weak management team because they find it difficult to succeed.

[X-ray]

That's damn true. That's why i notice many altcoins listing on some exchanges that i haven't heard about. Even i also doubt about their service and withdrawal process. Besides lack of liquidity also make me out of these exchanges. Besides it sad that, not best exchanges but many good exchanges also doing such shit listing because of money!

its always the smaller exchanges out there that try to list as much meme coin as they can and whatever meme coin is trending its instantly on their listed tabs because they also want to grow the volume, if its listing a coin that are good from technicality they can get a good reputation in the long run but definitely thats a long game to increase their trading volume.
I mean imagine they are listing coin that have real products and is sought after by many people even including ventures, they can definitely list it but then they also need to compete over with the exchange that are bigger than them,
the trading volume will definitely goes to the bigger exchange which deemed to be more reliable.

if they also add some random meme coin which i guess fall short in term of reliability but have trading volume thats high anyway they can have the opportunity to be the first exchange that list such meme coin and get the trading volume centered around their platform, it has always been this way anyway.
no way the smaller company could win against big company without doing this.

[Silberman]

But thus many people end up their whole balance due to such shit listing gaming policy.

The amount of projects no matter how useless being listed might not drive away as much clients as people think. Personally I would not mind if an exchange is listing a coin that isn’t of quality as long as they are providing good services and benefits. It’s so hard to find a good exchange that if they need more money to support the development of their software then so be it. Of course this comes with a price of their credibility

If there was no demand for shitcoins, those projects would have disappeared years ago, but not only shitcoins do not disappear, we are reaching record numbers, so while I do not have any interest in those coins and I would not even accept them as a gift, there is a great deal of people out there that love them, as they see in those coins the potential to change their fate in a short amount of time, and regardless of the risk they could be taking, they will never give up on those coins.

[God bless u]

There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

That's really stressful! These kind of coins not only destroys that market but they also effect the minds of people who are passionate about learning and earning from crypto. These needs to be stopped so that people can be saved from these type of losses.

There shouldn be proper campaigns launched by the experts once they recognise any coin that it's a shit coin. The purpose of these coins should be to educate people about them and to safeguard them from investing into these scams .

[Silberman]

There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

That's really stressful! These kind of coins not only destroys that market but they also effect the minds of people who are passionate about learning and earning from crypto. These needs to be stopped so that people can be saved from these type of losses.

There shouldn be proper campaigns launched by the experts once they recognise any coin that it's a shit coin. The purpose of these coins should be to educate people about them and to safeguard them from investing into these scams .

You have good intentions but this is not possible, people want to get rich quickly, and scammers are willing to provide the illusion this is possible, so there is a huge demand for those coins and the scammers are willing to supply it, as even if the majority of those coins never pump, there are a minority of those that do, allowing some speculators to get huge profits, a thing that only encourages others to do the same and invest all their money away in one of those coins.