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Shit- abondoned coins

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On 2/6/2020 at 12:08 AM, Kinzaa said:

Well i never heard those coin you mention you list. I only trust alt coin and top 10 coin market coin

many years ago and they didn't seem to move even once and if you were unlucky and you invested in that money it was really not good. We have learned a lot from that mistake. This is how we are maturing when investing in cryptocurrencies. The right project would be a better investment in bitcoin.

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14 minutes ago, Mishadima said:

This listed coins seems not be that popular and that was the reason why most of them fell as shitcoin and the problem is that they don't have value that you will even make some funds, I have many of them in my wallet and they have no use

They have no value because people do no invest in them, but why do people do not invest in them, that is what should be concerned.

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18 hours ago, wilbertson said:

People do not invest in them because they know others won't invest too, that concludes that new coins will never survive.

That is bad  then right? that means creating a new crypto project right now, is a waste of time and money.

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On 4/13/2020 at 6:29 PM, BitTim said:

Abandoned coins are many and we should understand that they leave out alot of users stranded so when engaging with 's coin first do alot of research which will help you in facilitating this without any challenges 

Investing in shit coins is very much like dropping a toss. Only a few people make profit from shit coins because they buy them at a cheap price by chance not by awareness. The main problem with dead coins is that there is no way to predict their behaviors. They may suddenly rise out of nowhere or fall quite unexpectedly. This is not what a proper trade should be. In fact, anyone who buys dead coins is totally directed by them without having the ability to manage them. It is a kind of luck that is not worth trying because at the end, shit coins will be eliminated from circulation.

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23 minutes ago, deboprotap said:

many hyip coins come and go in few days.it is really hard to predict which coins are real and can survive in long term.as i invested all my portfolio in etn coin at price 500 satoshi,but now it ts trading around 38 satoshi.so we should avoid some coins,hyip coins.they canbe useless in future too

Yes, you are right. We need to stay away from those coins and only focus on the coin, which already has a better position. We can choose the other coins at the market, trade it, or hold it for a while until the coin price can increase higher. But there is no guarantee to know when the coin price will increase, and only with patience, we can wait for that time. We can buy and sell that coin without waiting for the bull run to come, but the problem is we need to scan one by one of the coins to find the right coin to trade.

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20 hours ago, deboprotap said:

many hyip coins come and go in few days.it is really hard to predict which coins are real and can survive in long term.as i invested all my portfolio in etn coin at price 500 satoshi,but now it ts trading around 38 satoshi.so we should avoid some coins,hyip coins.they canbe useless in future too

Thanks for the advice, anyway what happens to fake coins airdrops we see in telegram, are they going to be listed as one of those dead coins.

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On 9/27/2019 at 5:43 AM, kaltun said:

Hi to all of you,

long story to shorten, in 2018 i made a huge mistake and i invested in a lot of MN coins... so my lost is around 5 btc on , biggest lost i gained from gbx bought it between 50 and 80 dollars and sold it on 1.25 dollar ( its that bad its now 0.19 dollar).

so i was wondering if there any need is for trade of shitcoins afterall 😉

coins like :

- Skelr

- Encp

- GDNC 

- VIOG ---> altho this is stil trade able here https://crex24.com/nl/exchange/VIOG-BTC

ect ect

Friendly bad news
Trading is a matter of a lot of risk already, especially in this field. I think that before you invest, you should research and verify reliable sources.

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18 minutes ago, koussai999 said:

Friendly bad news
Trading is a matter of a lot of risk already, especially in this field. I think that before you invest, you should research and verify reliable sources.

lol. then you didnt read my  replies before .. but i did researched , but my fault was , i was to greedy .. i was searching for MEGA JACKPOT , while i ha jackpot in my hand.. with other words , i waited to long ... 


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On 9/27/2019 at 1:43 PM, kaltun said:

Hi to all of you,

long story to shorten, in 2018 i made a huge mistake and i invested in a lot of MN coins... so my lost is around 5 btc on , biggest lost i gained from gbx bought it between 50 and 80 dollars and sold it on 1.25 dollar ( its that bad its now 0.19 dollar).

so i was wondering if there any need is for trade of shitcoins afterall 😉

coins like :

- Skelr

- Encp

- GDNC 

- VIOG ---> altho this is stil trade able here https://crex24.com/nl/exchange/VIOG-BTC

ect ect

That was a really strange time, everyone wanted in MN projects without even wondering if they are solving any problem. I guess that NEO and DASH made such fomo waves when people were getting rich by passive income.

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On 1/25/2020 at 5:53 AM, CryptoAndMoney said:

These coins and many others are shit and dead coins. I can not trade them. Aside been a shit coin, they will also make people lose trade. 

it cost about $ 0.5 and it was a big mistake of mine and it was one of my big mistakes that I have made in my crypto career until now. ICOs are intended to lead to a type of shitcoin in cryptocurrency advertising without any valid development.

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On 2/6/2020 at 3:44 AM, aymandr said:

In the world of cryptocurrencies it is necessary to experience loss and profit only, you should pay attention.

When BTC sold out, all altcoins were unloaded. All altcoins hit the plummeting fee. It's important that we learn a lot from that mistake. This is how we are maturing when investing in cryptocurrencies.

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3 hours ago, Junior01 said:

You are talking about a 5BTC loss ? It's a huge loss, you might have started a physical business instead for a normal life, so sad to hear that.

5btc loss , but i didnt put any real money to it , and when i joined the btc enviroments , you could easely earn btc with bounties ( like cryptotalk bounty but payed 100X  more 😉  ) 


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9 hours ago, rekter said:

That was a really strange time, everyone wanted in MN projects without even wondering if they are solving any problem. I guess that NEO and DASH made such fomo waves when people were getting rich by passive income.

indeed , i saw literally $$ signs in my eyes , every MN rose .. i was blinded with fomo, while if you thought about this you could see it was a huge bubble ,  and you are right big fomo of DASH made the MN go to the moon 


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It's always advisable to avoid investing in unknown coins with zero balance without carrying out a proper research because some are scam or they don't manage to make it and as a result leaving you with loses.

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On 1/30/2020 at 12:00 PM, duncun007 said:

i have been telling people about this but everyone still gets excited about new coins in the market and they think every coin will moon just like those who invested in 10x coin on yobit and now its at 1 satoshi.

in my mind I knew it didn't fit into any logical thinking but I was still stubborn .. but someone in crypto said once to me. I recommend investing in currencies with a history so you can find information and you can choose the currency.

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In 2018, many coins and the market itself grew in price strongly and many people suffered losses. At the expense of trading shitcoins, it is not worth it. And if you have a lot of them then save them. Maybe some coin will increase in price. Which is unlikely.

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On 12/31/2019 at 7:24 PM, Peter Urban said:

Yes, now there are coins like that. Try not to buy some coins like this but find a coins with a big potential to get some money from IEO.

Hopefully you don't leave cryptocurrencies because of your loss, a little advice is that your investment should not be in the token. that's how they will face it, is it to give up or continue what you started. In cryptocurrencies, it's really hard.

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Yes, there are many be coins that were not good and this is what caused her death and did not become usable or dealt with


 

Life is great and enjoy it

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On 9/27/2019 at 5:43 AM, kaltun said:

Hi to all of you,

long story to shorten, in 2018 i made a huge mistake and i invested in a lot of MN coins... so my lost is around 5 btc on , biggest lost i gained from gbx bought it between 50 and 80 dollars and sold it on 1.25 dollar ( its that bad its now 0.19 dollar).

so i was wondering if there any need is for trade of shitcoins afterall 😉

coins like :

- Skelr

- Encp

- GDNC 

- VIOG ---> altho this is stil trade able here https://crex24.com/nl/exchange/VIOG-BTC

ect ect

Well ive never invested as much as you invest, i like to invest not in a very safe zone but not in those coins that probably go down very soon, so remember those experiences and becareful the next time to avoid those lost.

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Sorry to hear about your loss. Yeah there are many coins which are actually shit. These types of coins always give you huge loss because they have weak project and dead after some time. So always do good research about any coin on which you are planning to invest.

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That is the problem with this kind of coins they don't tend to last longer at the end they become abandoned you can find these kinds of coin in the market that is why is not recommended to choose any coin for trading.

 

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On 9/27/2019 at 1:43 PM, kaltun said:

- Skelr

- Encp

- GDNC 

- VIOG

Are these coins listed on any index? I can't seem to find them.

You gambled with awful odds if you invested in these. Also I don't know which coin the MN you are referring to is, but I assume it is a similar shitcoin. There are thousands of coins that pumped back in the beginning of 2018 and eventually dumped to zero. 

You can try investing in some shitcoins a few bucks and wait perhaps for a few years in case they pump, although it is still a huge risk and gamble, as they may get abandoned during that time, swap to another coin and you won't find out or even lose another 99% of their value. It is a gamble always as they don't have anything to offer.

Try and look what they do, if they have a product and if they have people working for targets they've set on a roadmap. Read whitepaper and do research on the projects. There are a few that have a chance for organic adoption.

Edited by BTC Future

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This step that I took contributed to many things, including the fact that the price has risen, and whoever sells more than who bought it, I have contributed, but you did not seize the opportunity, as he had missed several things, that Bitcoin will not use it to invest in other currencies. This terrible mistake that I have done will cost you a lot and will also benefit so that you do not come back again


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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Wow that is a really large loss, especially if you had to consider that loss in relation to the current price that we are seeing for a single bitcoin, it would imply that you lost close to 100k dollars in bitcoin from these coins. I have been in a similar situation recently and whilst my loss was not as significant as your loss, it was quite a lot for me, having lost over 400 dollars in coins that i invested in that never yielded their return, and turned out to be dead coins. This is rather disappointing. I think that coins like these are scam coins that are meant to draw the user away from the coin. Hopefully this does not happen again. I think we just have to take it as a lesson to learn from and not invest in these coins in the future. 


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this is one of the important point in trading, you should be choose the good and strong coins to trade on it, there are many coins without any projects and when they starting in trading you find the owner of those coins making many publications in social media to those coins for only sell it, then any one buy this coin find the price decrase down and down.

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