Post
Topic
Board Altcoin Discussion
Re: Shit coins era is going to end
by
Smack That Ace
on 11/10/2022, 06:11:08 UTC
I don't think shitcoin could ever become our needs, it's different, like meme coins, it's indeed interesting how they could survive even the luna crash and retain their value but at the end of the day, they aren't becoming our needs, instead they now rather stuck, since they are like last alternative when it comes to investing, the first ones are still the ones that have real utility, like eth and bnb, shitcoins just gonna become shitcoins, nothing more.
Of course we don't need shitcoin for any trading, but anyone involved in shitcoin investment will get high losses, so I don't understand about the definition of we need shitcoin because it doesn't make sense because people don't want to lose from investing. So avoid investing in shitcoins and be wary of investing in potentially scam new projects

It's true that ideally we don't need shitcoins to trade, which is a very high risk. But don't forget where high risk usually has the opportunity
to generate large profits too. Because if we have good analytical skills and are also experienced in the crypto world, we can make profit from
shitcoins. Usually, whales use shitcoins to make pump and dump, so they manipulate the price of shitcoins to create hype. That's why we often
see in the market for no apparent reason there are shitcoins that suddenly pump very high.

So shitcoins will always have a demand and it is impossible to end, especially there are still many newbies who often buy shitcoins, because
most newbies make decisions based on other people's opinions. While some influencers will take advantage of newbies to be able to generate
profits by promoting shitcoins. So it's best to avoid investing in shitcoins if we don't understand the crypto world and are inexperienced,
because indeed the risk of us losing money is indeed very large if we invest in shitcoins.


There is a paradox in the market that people always want high profits but are afraid of risk. They don't want to invest in bitcoin because they say it no longer gives them high return, but when they invest in altcoins, shitcoins they are afraid of high risk. There are many people who are too greedy and often those people will not be able to make a profit in the market.

Just like human society, to develop, society needs this person, that person, so is the cryptocurrency market, to develop and grow, bitcoin alone cannot build a market. Shitcoins not only won't die but it will be an important part of the market, just because you don't like it doesn't mean others don't need it, everyone's taste is different.