Quote from: jaberwock on July 13, 2021, 03:39:54 PM

Quote from: CryptoGuy42 on July 12, 2021, 11:16:52 AM

I think shitcoins has one major issue: new investors getting caught up in the hype, investing, then becoming bag holders. Then they never want to invest again. I know a lot of people got introduced to crypto from the DOGE media frenzy. I am sure a lot of them did not DYOR as they say.
I personally investing is some meme/shit coins, but it is money I am willing to lose. BANANO, because I love the community and BYG (Black Eye Galaxy) because I have always wanted to own a planet. BYG actually has utility unlike a lot of "shit-coins" so I don't know if I should consider that an alt coin or not. BYG lets you own a planet and make returns on the resources and initial discoveries you make!

The problem is that we should not be responsible for them losing money, but we "sort of" are. What we should be suggesting to them is DYOR and nothing more, that's it and if they don't do that we should not be responsible.

However what they hurt us is the fact that when they get in, they end up not getting out because they lose money and then they go around telling people how horrible crypto is, when in fact it was their idiotic move that caused them to lose money. They are out there creating a bad name for bitcoin and crypto just because they didn't do their research, which is why I think it is unfair for them to do that but the reality is that they still do it and hurt the crypto world. At the end of the day this will continue and there is nothing we can do, whatever happens will just be part of the crypto world and it is already calculated in.

Very well said. I am not the best with word, but this is 100% how I feel. I know a few extended friends that both made lots of money and lost lots of money in the DOGE/GME hype.
What do you think of the BYG (Black Eye Galaxy) token I mentioned? I know it can be a long shot, and I would only invest what I can lose, but it could be a real gainer. Also fun to play.