Shitcoins are starting to gain hype so to avoid losing your hard earned money read this.
1. They are not created for long term most of the time shitcoins exist for short term and devs who create it will dump this because they move to their next project to avoid losing your money sell it immediately once you are in profit.
2. Never believe about devs promises since they are not really there to help you but they want to scam people and want o get rich quickly.
3. Be realistic and don't join the FOMO since this could lead up losing your money.
4. Never believe on people telling you to hold or even buy more they just want their target to get hit and for sure they will dump it without your knowledge so sell first before other do so that you will not end up chasing pumps to gain back your capital.
5. Most important of all became a smart investor and never doubt on possible profit which is not in your hands. Always be grateful on profit big or small since this could give you contentment and became always bullish on your investment.
Indeed this thread is in the right educating direction, I could remember as a newbie into the crypto community a friend of mine introduced me to some of these shitcoins without being properly educated I invested on a few of them with the intention of making more investment with the profit acquired from my first investment but to my greatest surprise all of that went down the drain like what I would rather call "abandoned project ", the shitcoins were so dormant and static instead of appreciating in value it was depreciating until it went down to zero value and that was how I lost out on that very investment.
So I'll conclude that the above thread is indeed an educating piece which will guild all beginners and miners in the crypto community.