Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Master107 on June 14, 2021, 05:12:24 AM
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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 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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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.
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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%.
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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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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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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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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.
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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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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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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.
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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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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.
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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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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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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 during the dumped, I see many investors more focus to buy top coins.
They leaved shitcoin.
But I believe when the market is free again, shitcoins will be back.
I have several shitcoisn and still hold it.
Current market starting to grow and I believe we will see the bullish again at this month. Be patient.
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Yes of course shit coins will be affected in the bear market and some of them will die, zero volume.. I guess the reason why the shit coin will die in the bear market because the devs will dumping all tokens and will exit. Shit coins will not survive for long.
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I really believe in your write up during a bear market must investors really believe in top potential coins and leave shit coins. Shit coins dump heavily during bear market because must investors sell it that's why some shit coins do die during a bear market.
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I guess the reason why the shit coin will die in the bear market because the devs will dumping all tokens and will exit
In the bearish season, people will focus on preparing their long-term plan, so they prefer to buy top altcoins. Most people buy shit coins for the short term, it doesn't happen again in the bearish season. In this situation, the volume of transactions on shit coins is too low, then finally it can be delisted on the exchanges. There are many shit coins to be dead in the same scheme like this.
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I guess the reason why the shit coin will die in the bear market because the devs will dumping all tokens and will exit
In the bearish season, people will focus on preparing their long-term plan, so they prefer to buy top altcoins. Most people buy shit coins for the short term, it doesn't happen again in the bearish season. In this situation, the volume of transactions on shit coins is too low, then finally it can be delisted on the exchanges. There are many shit coins to be dead in the same scheme like this.
Absolutely yes, Investors will think about long term during bearish.
Shitcoin will have high demand again while bullish.
I think we should to choose good project and good team, because several shitcoins to be dead.
Not only shitcoins, during bearish really difficult to get profit in trading.
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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.
Dogecoin, shiba, and safemoon seems has fundamentals on their own platform as the meme coin head of this generation. I'm surprised about Doge recent performance to the moon. Even shiba and safemoon did crazy moved. Maybe these 3 meme coin will stay even the market is bearish because of whales behind the scenes.
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I agree with the author, this is exactly what happens, large investors during a bear market always pour their assets into the top 10 CMC and shitcoins greatly sink in price and perhaps some will never return to their ATH at all.
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I agree with you.Because Shitcoins are now the most affected during bear market.Because invertors are converting their funds by selling shitcoins and trying to hold USDT.But some good potential coins aren't much affected because they have strong fundamental.We should know what are the shitcoins and what are the Good cryptocurrencies.We can visit this article to know the full details about shitcoins and Good Coins Article (https://articles.whalesheaven.com/term-clarity-bitcoin-cryptocurrency-shitcoin)
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I think so too. Because everyone just buys more of the top coins for some reason. For example, if you buy a coin, it can go up later if it goes down. But when the shit token is depleted, it takes a long time to get up and many tokens run out. So instead of buying shit tokens, everyone buys top coins.
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You are very correct, because during the bear everyone want to get safe, this makes them to sell their coin to stable or promising coin, to be on a safer stand and a good position.
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Well, what is shitcoin (or shitcoins) anyway?
According to Investopedia (https://www.investopedia.com/terms/s/shitcoin.asp), "The term shitcoin refers to a cryptocurrency with little to no value or a digital currency that has no immediate, discernible purpose. The word is a pejorative term often used to describe altcoins or cryptocurrencies that were developed after bitcoins became popular."
Quora (https://coinbeginners.quora.com/Cryptocurrency-Slang) says, shitcoin is an altcoin which is considered worthless due to the lack of product or useful features in the development of its blockchain. While shitcoins are considered worthless, that doesn’t necessarily stop them from going “to the moon”.
Hoping the above would help.
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Shit coins have lost a lot of popularity during the epidemic. I think most investors generate traffic in the top currencies for trading. So top currencies are best for investment and trade. Currently, investment and trade in top currencies is on the rise. So a lot of new coins have turned into shit coins during the epidemic. That is why top currencies are most important for investment and trade.
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Shitcoins are truly the coins that gets seriously affected when the market is on the downtrends, and the top coins has the strength to stand the tough time until the re-bounce comes up again. It is normal that the coins will get values again when the time for the market settles.
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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?
You are very correct. During the bear run or the BTC dumps, the shit coins suffer must because BTC drag all altcoin down and with biggest impacts on shit coins. Investors can quickly take advantage of the dump market dump or dip to buy back the major coins with higher marketcap than these shit coins with low marketcap.
As a matter of facts, coins/rokens with big marketcap has huge potential to recover than the shit coins after the dip or dumps.
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I think that's right. During bearish , investors will buy more top coins. I think shitcoins will suffer as long as bearish.
I see bug whales already bought more bitcoin and altcoins at top 10 coin.
Several shitcoin dumped and dead
That's normal.
We will see shitcoins go up again, when the bullish.
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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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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.
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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?
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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.
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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.
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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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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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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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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
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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.
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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.