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Author Topic: Shitcoins are the most affected during bear market  (Read 2096 times)

Offline Master107

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Shitcoins are the most affected during bear market
« on: June 14, 2021, 05:12:24 AM »
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?

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Shitcoins are the most affected during bear market
« on: June 14, 2021, 05:12:24 AM »

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Offline Malam90

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Re: Shitcoins are the most affected during bear market
« Reply #1 on: June 14, 2021, 07:09:54 AM »
Shitcoins were the most pumped tokens during the bull market whether it was 2017 or 2021 but the same result happened after bull run ended. Shitcoins mostly become dead after bull run. Shitcoins vanished my 30 ETH in 2017, now i am more cautious investment in shitcoins. We have to find solid project or established coins for investment, it will save your funds even in bear market but shitcoins will vanished your whole capital if it becomes dead.

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Re: Shitcoins are the most affected during bear market
« Reply #2 on: June 14, 2021, 10:08:44 AM »
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?

I agree, investors are concentrating to buy TOP coins.
I think that's normal.
Shitcoin will increase again when top coins going up.
In my opinion, if you have shitcoins, hold and wait the market will go up soon.
No worries about crypto currency.
I still hold my shitcoins too.

Offline KryptoBull

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Re: Shitcoins are the most affected during bear market
« Reply #3 on: June 14, 2021, 06:12:18 PM »
The reason: shitcoins are just pumped coins, holders understand that too, so when a correction happens, people tend to sell shitcoins for USDT or BTC. Very clear: there is no place for shitcoins in this market.
If holding the top coin, we only lose 50% of our assets, but if it is shitcoin, it can be up to 90%.

Offline fallenangel1789

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Re: Shitcoins are the most affected during bear market
« Reply #4 on: June 14, 2021, 08:49:57 PM »
Because they do not have any fundamentals, there is no reason to invest in them at the bear market, and %99 of memecoins-shitcoins will be abandoned by their teams. I think only Doge Coin has a future and can see the next bull market. Even Shiba or safemoon will disappear soon.

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Re: Shitcoins are the most affected during bear market
« Reply #5 on: June 14, 2021, 08:59:14 PM »
Buying shitcoins is like gambling, not knowing for sure which direction the price movement will take. all depends on luck. it's best to avoid investing in shitcoins because the project has a high chance of hit and run.
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Offline Master107

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Re: Shitcoins are the most affected during bear market
« Reply #6 on: June 15, 2021, 03:53:27 AM »
Buying shitcoins is like gambling, not knowing for sure which direction the price movement will take. all depends on luck. it's best to avoid investing in shitcoins because the project has a high chance of hit and run.

Too much risk to invest in shitcoins particularly with unknown team and doesn't have clear compact platform.
Maybe luck won't work. Haha

Also, some of shitcoins are scam or rug pull. Seldom to find the stronger and tough shitcoin project.

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Re: Shitcoins are the most affected during bear market
« Reply #6 on: June 15, 2021, 03:53:27 AM »


Offline Limabd

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Re: Shitcoins are the most affected during bear market
« Reply #7 on: June 15, 2021, 08:22:16 AM »
It is not possible to say exactly where the price of shitcoins will go. It is difficult to say whether the price will increase or decrease. Buying chit coins is a hassle because its movement is not understood so it is not understood whether it is possible to make a profit on investment. And it is better not to invest in coins that have so much risk. Hey the coin is likely to disappear later. So in my opinion it is better not to invest here.

Offline tervel

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Re: Shitcoins are the most affected during bear market
« Reply #8 on: June 15, 2021, 08:33:41 AM »
The entire premise of shit coins is to play on people’s anxieties by inflating every aspect of the coin in question. Every social platform, messaging app is at the disposal of the shit coins who are trying to pump up the value of a specific coin so they can make money, and then run off with the proceeds.

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Re: Shitcoins are the most affected during bear market
« Reply #9 on: June 15, 2021, 09:33:57 AM »


This is just a natural market reaction, especially since everybody knows that shitcoins can just be worthless, not representing any value and just hyped and shilled to make money first to the developers and those who come early. We have to avoid shitcoins as much as possible though sometimes there can be 1 or 2 that can be attractive enough but supporting it we must know that it is not really worth hodling for a period of time.

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Re: Shitcoins are the most affected during bear market
« Reply #10 on: June 15, 2021, 10:55:12 AM »
You must understand that most of those coins "shitcoins" were developed with no real purpose and most of the investors that invest in them do so because for some reason they end up being pumped mostly during the Bull market and it is all about making quick profits, so it is no surprise when those same coins get dump very quickly in a bear market.

Offline robert20

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Re: Shitcoins are the most affected during bear market
« Reply #11 on: June 15, 2021, 02:41:07 PM »
These shitcoins serves no real purpose to use them. They are here only to make money the developers sell their at high price. The buyers buy them just to majke quick profit. I always try to stay away from shitcoins even if i know that they will give me quick profit. They are the maret ruiners.
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Offline tervel

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Re: Shitcoins are the most affected during bear market
« Reply #12 on: June 15, 2021, 03:02:37 PM »
Shitcoins is the term given to cryptocurrency that’s useless and has no value. These cryptos were created as copycats — currencies that have brought nothing new to the crypto space. They cannot be affected.

Offline Seerge

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Re: Shitcoins are the most affected during bear market
« Reply #13 on: June 15, 2021, 03:29:50 PM »
Investing in shitcoin is highly discouraged by me, but if you want to try it's okay but the amount should not be too much. There is also a truth, this shitcoin investment is like gambling, because the price changes very quickly.  But strangely, until now there are still many people who like to play this shitcoin.

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Re: Shitcoins are the most affected during bear market
« Reply #14 on: June 15, 2021, 06:04:32 PM »
This is very true that Shitcoins are very problematic for investors everytime. Men who fail to identify perfect shitcoins face big problem after investment. I always try to neglect shitcoins because it may pump in bull run time of market but anytime it can kick out from market so all investments can vanish any time.

 

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