Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: kingsters on July 27, 2020, 04:38:20 AM
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I believe this could be helpful for some people here on this forum as I falled into shitcoin trap. I could not believe I can lose my whole fund in just a little time and I want to use this forum to advice the newbies to be careful of shitcoins. I hope you all know how dumped price can wreck the funds of people that invested in such coin.
The coin was METP, I invested at the price of $0.0004 some weeks ago, but the coin is now at $0.000002, I invested $100 and it has now vanished, I do not even have $1 remaining again and it was a lost that really depressed me.
Recently, I checked the price since when it was launched in 2019, it was $0.01245, it has been fallen since after even till now, if I has first analysed the coin, I will not not fall into the trap, but I have no idea about analyses at the time.
I will advice people to analyse market and the coin that want to be used to trade or invest before buying such coin because some coins are just existing to take away your money before it becomes fully dumped.
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Your advice that you need to study the coins before you invest in them is actually very useful) I'm sorry about what happened to you. But in fact, you just ignored the first rule of investing - study your future investments. On the other hand, all these cryptocurrencies are so unstable now that you never know if they will fall or rise in price. A lot of people have lost a lot on popular bitcoins. So you have to constantly monitor the market to be able to take action.
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I believe this could be helpful for some people here on this forum as I falled into shitcoin trap. I could not believe I can lose my whole fund in just a little time and I want to use this forum to advice the newbies to be careful of shitcoins. I hope you all know how dumped price can wreck the funds of people that invested in such coin.
The coin was METP, I invested at the price of $0.0004 some weeks ago, but the coin is now at $0.000002, I invested $100 and it has now vanished, I do not even have $1 remaining again and it was a lost that really depressed me.
Recently, I checked the price since when it was launched in 2019, it was $0.01245, it has been fallen since after even till now, if I has first analysed the coin, I will not not fall into the trap, but I have no idea about analyses at the time.
I will advice people to analyse market and the coin that want to be used to trade or invest before buying such coin because some coins are just existing to take away your money before it becomes fully dumped.
You made a terrible mistake by not selling the coin when you realize that your balance was - 50%. Sometimes, you just had to deal with the emotion, sell off and move on that's why I always keep my alts on exchange incase on any emergency flash crash of the market just like previous one that happened on March 12.
Some experts recommend top 100 coins on the market when investing but Fundamental analysis is very important to every project.
Learn to do your own research and avoid pump and dump coins, check out the team behind the project and also find out their partnership, read their previous blog for their progress and road map.
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I believe this could be helpful for some people here on this forum as I falled into shitcoin trap. I could not believe I can lose my whole fund in just a little time and I want to use this forum to advice the newbies to be careful of shitcoins. I hope you all know how dumped price can wreck the funds of people that invested in such coin.
The coin was METP, I invested at the price of $0.0004 some weeks ago, but the coin is now at $0.000002, I invested $100 and it has now vanished, I do not even have $1 remaining again and it was a lost that really depressed me.
Recently, I checked the price since when it was launched in 2019, it was $0.01245, it has been fallen since after even till now, if I has first analysed the coin, I will not not fall into the trap, but I have no idea about analyses at the time.
I will advice people to analyse market and the coin that want to be used to trade or invest before buying such coin because some coins are just existing to take away your money before it becomes fully dumped.
Yes, every men should make analysis before investment and this is must be. Many men lost their money without any analysis and they invested their money with another peoples advice whom has limited experience in trading. There are many shiit coins in markets so investors or traders has to give step with carefully so that upsets never come in life by investment.
thanks.
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I am new in here my first earning cryptocurrency in Altcointalk is AZBI NETWORK which is a big shitcoin.
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I had this experienced too from a scam project. I was totally excited for giving my money in exchange for their shit one. And everytime I remember that there's nothing u can do anymore but to laugh and say, "those were the days."
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I had this experienced too from a scam project. I was totally excited for giving my money in exchange for their shit one. And everytime I remember that there's nothing u can do anymore but to laugh and say, "those were the days."
Seriously I don't really believe in shit coin!!!
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Seriously I don't really believe in shit coin!!!
You have to be careful because there are so many shitcoins nowadays. it's best to do some in-depth analysis before investing.
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Thats sad to hear , its always risky to invest in ICO's or new coins in the market , you should give the price time to stable then you can chose to invest or not , puting your money in a coin without knowing the real price is a bad move and risky .
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I always prefer first we need to learn about the project and in learn there are many things in project. Whitepaper and social networks. Dont step in project blindly. Learn and earn.
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I believe this could be helpful for some people here on this forum as I falled into shitcoin trap. I could not believe I can lose my whole fund in just a little time and I want to use this forum to advice the newbies to be careful of shitcoins. I hope you all know how dumped price can wreck the funds of people that invested in such coin.
The coin was METP, I invested at the price of $0.0004 some weeks ago, but the coin is now at $0.000002, I invested $100 and it has now vanished, I do not even have $1 remaining again and it was a lost that really depressed me.
Recently, I checked the price since when it was launched in 2019, it was $0.01245, it has been fallen since after even till now, if I has first analysed the coin, I will not not fall into the trap, but I have no idea about analyses at the time.
I will advice people to analyse market and the coin that want to be used to trade or invest before buying such coin because some coins are just existing to take away your money before it becomes fully dumped.
This is one of the many reasons I will never stop advising newbies to be calm and try to gain few experience at lest before they can start trading. If you'd gather some experience before you start trading, you won't put all your fund in one trade, all coin can only be predicted as nothing is certain but you still need to do your investigation properly. Anyway, we learn, we fall, and we rise again.
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Very sad brother. In market a lots of shit coins . I invested some projects that already turned into shit projects. MB8 , wpp , stibs, HOMT, esystezy, and KingSwap. All my coins are going to vanish .
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Shitcoin is any cryptocurrency that is disliked by the person talking about it. It could be any coin that is not bitcoin, or a coin that lacks any new or advanced technology, or a coin that has become worthless after launch
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i feel that, i buy $KELTA $CyberMovieChain $WaleToken with my money from bounty and now they are useless.
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risk when you enter the coin market and buy shitcoin, you can invest in coins for the long term
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Actually there are too many shit coins in market but as a investor must have to know which is shitcoin or which is not. Basically i personally did not trust any tokens as well as because it may dump any time rather investors should make investment in coins that has bright future today or tomorrow. So everybody should keep their eyes on coins not in tokens.
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I'm sorry for your lose first, second the period from 2017 till 2019 was like hell for all altcoins and not just your coin, almost all new project that lunched in that period failed because we were in a bear market and all traders were in lose already so they cant invest in such new projects, that's why your coin dumps.