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Author Topic: Shitcoins are the most affected during bear market  (Read 2101 times)

Offline masterrex

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Re: Shitcoins are the most affected during bear market
« Reply #30 on: June 19, 2021, 05:16:17 PM »
Well as you name it as a"shit that's why probably that would be their fate, by the way, looking at the market statistics I believe the market still strong and no sign of collapsing like it was happening last 2018 crypto winter the $1.54 trillion market cap can be considered as a stable Cap for a positive market sign. so I believe the market is not yet bearish. 

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Re: Shitcoins are the most affected during bear market
« Reply #30 on: June 19, 2021, 05:16:17 PM »

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Offline Princehaydar001

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Re: Shitcoins are the most affected during bear market
« Reply #31 on: June 30, 2021, 11:10:26 PM »
Shitcoins in bear market has the most effect, they are assume less valuable because the never attain a certain range of standardization to stand on it own, they are definitely depending on Bitcoin so when bear market happen most of them were been forgotten, so investing in Shitcoins during bear market is not advisable.

Offline UNIVERSE

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Re: Shitcoins are the most affected during bear market
« Reply #32 on: June 30, 2021, 11:48:56 PM »
During this bear market, in fact, shitcoins are still emerging. ANd yes sure, shitcoins will end and not survive because of this bear market. Why do people prefer to top coins than shitcoins? Because they are too risky. So, why should bet on them?

Offline Stuart

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Re: Shitcoins are the most affected during bear market
« Reply #33 on: July 01, 2021, 12:57:36 AM »
Well, its true that the shit coins are the ones seriously affected because of their value,though they do have some good effect when there is a significant rise in the price of the top ranked coins in the market. In this bear market, buying the deeps of the top ranked coins are more preferred to the shitcoins, cause the price reaction on the uptrend will be very significant to it's holders, but that of the shitcoins is on the little to no effect on the shot run.

Offline pelana vreo

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Re: Shitcoins are the most affected during bear market
« Reply #34 on: July 01, 2021, 06:03:43 AM »
There are a lot of new tokens that don't have good technology by taking advantage of the Hype from token memes, but some other coins have good technology and they are growing by providing many system updates from their products, there are more than 10,000 coins on coinmarketcup and I'm having trouble finding opportunity to get profit before the coin is listed on the top exchange.

Offline Hassan50

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Re: Shitcoins are the most affected during bear market
« Reply #35 on: July 03, 2021, 02:11:04 AM »
During a bear market most coins that are really affected are the shit coins because when there is a bear market people panic to sell there coins because they don't really believe in them. During bear market some other shit coins won't be able to survive it which kill some shit coins.

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Re: Shitcoins are the most affected during bear market
« Reply #36 on: July 06, 2021, 04:40:09 PM »
Tokens with higher capitalization can bear the heavy burden during bear market where investors are also in decision to select only the potential and top coins.

Shitcoins are the most affected during bear epidemic because buyers are concentrating to buy the top ranking tokens that in drastic decline.

What do you think?

Thats right, investors concentrate on top coins, I think it is the reason shitcoins are more affected during bear market.
But for now, I see several shitcoins already recovery slowly.
I hope top coins and shitcoins will recover soon.
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Re: Shitcoins are the most affected during bear market
« Reply #36 on: July 06, 2021, 04:40:09 PM »


Offline debra

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Re: Shitcoins are the most affected during bear market
« Reply #37 on: July 07, 2021, 04:15:36 PM »
Shitcoins are:
1. the most hyped coins at this time
2. the most coins in which many people spend their money because of hype and then lose their money
3. Coins that will not survive in the first or second waves of bearish time
You are right, the shitcoin is the one that will end soon during this bear market.
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Offline Jaephoenix

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Re: Shitcoins are the most affected during bear market
« Reply #38 on: July 07, 2021, 07:35:58 PM »
Yeah, you can say that again. I have quite a bag of them, so during an impending bear market I usually dump them and save myself some grief

Offline I-Bit

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Re: Shitcoins are the most affected during bear market
« Reply #39 on: July 07, 2021, 11:44:36 PM »
All crypto coins are affected significantly in the bear market, but shitcoins probably lose their values and be dead coins. That's why it is very risky to hold shitcoins for a long time. When we are in the bearish market, people won't consider buying shitcoins and just focus on big crypto coins. Because of no demands, the shitcoins may be dead and delisted on the exchanges.


Offline marcsymons

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Re: Shitcoins are the most affected during bear market
« Reply #40 on: July 11, 2021, 07:03:31 AM »
The name needs to be clear and fit the negative value of 99% of Altcoins. Cryptocurrency founders, marketers, and pre-sale investors are still pumping and dumping pieces of crap onto widows and orphans who often are in difficulty and hoping to improve their financial status.

 

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