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[microunit]

People might remember how shiba inu coin came into the scene with the same face logo of dogecoin and it being proclaimed as the dogecoin killer . Well majority of the people who invested in it already got rekt following the recent major fall. Coin projects like this with no proper usage are usually just created to get advantage of the attention and hype, and people who usually benefits from the rise of these coins are usually just the developers and a select few who bought it early. Experts are saying that we might see a rise in these ponzi schemes in the future as anyone can create their own coin and advertise it as something else, so we have to be very careful if we want to invest in with everybody else as we might be already too late and we must be vigilant at all times and do proper research

 

[faribakhazaei]

Dear if you know binance you will find out that never bring a coin in it without being sure about the strategy and also the future program it is on the way to perform them, Shiba has been listed in binance. So never ever think its some thing like cryptonit... there are more than 1000 coins and tokens in the market, how many of them have been listed in the market... no need to be concern, buy shiba and take the advantage of it future progress

 

[microunit]

Dear if you know binance you will find out that never bring a coin in it without being sure about the strategy and also the future program it is on the way to perform them, Shiba has been listed in binance. So never ever think its some thing like cryptonit... there are more than 1000 coins and tokens in the market, how many of them have been listed in the market... no need to be concern, buy shiba and take the advantage of it future progress

Just because a coin get listed doesn't mean it will succeed, a coin gets listed there either as it is payed by the devs to be listed there or the majority of their userbase have demand in that certain coin dear. It can still be just a scheme taking advantage of dogecoin hype

 

[Niftyicon]

There are hundreds of such coins being launched by the day and as you rightly pointed out, only the early birds profit from them. Those kinds of shit coins unfortunàtely wouldn't be disappearing soon because the greed of people keeps fueling their creation.

 

[SCAMEXPOSER]

The truth is that most of these coins launched without any significant use are not reliable the best is when you invest in them and is pumped very high you should remove your profit and leave the capital there and to see whatever that may happen in the future.

 

[microunit]

The truth is that most of these coins launched without any significant use are not reliable the best is when you invest in them and is pumped very high you should remove your profit and leave the capital there and to see whatever that may happen in the future.

Yeah, as in the long run these shtcoins or memecoins almost most likely will not have demands, and majority of them are short-lived with a few exceptions like dogecoin. This is why the market is really unpredictable

 

[SCAMEXPOSER]

Yeah, as in the long run these shtcoins or memecoins almost most likely will not have demands, and majority of them are short-lived with a few exceptions like dogecoin. This is why the market is really unpredictable

Yeah though some of them when they get the much needed attention they get improved on such that they serve a purpose and become relevant

 

[microunit]

Really still depends on the developers of these coins though if they want to improve their coin, and If they do want to improve it they might want to study more in cryptocurrency as I think most of the developers of this shtcoins barely knows stuffs

 

[SCAMEXPOSER]

Developers of shit coins are more after the revenue to generate from the coin hyping not the sustainability, imagine Avalon was rugpie after presale

 

[Niftyicon]

Developers of shit coins are more after the revenue to generate from the coin hyping not the sustainability, imagine Avalon was rugpie after presale

Those that I pity the most are those who put in large sums and end up having the bags dumped on them. Many have gone rekt from this and many more will still fall victim.

 

[SCAMEXPOSER]

Investing in cryptocurrency is more like every other investment online where you just need to be very disciplined and don't be too greedy by investing or your capital or your savings because anything could happen positively or negatively.

 

[BusyCat]

Yeah exactly , I always warned my friend who bought a lot of shiba last week but he kept praising shiba and told shiba will go moon by this december. I am sure as you said shiba is just another hyip to fool those people who think every crypto is worth investing especially nowadays when crypto is rising.

 

[SCAMEXPOSER]

Yeah exactly , I always warned my friend who bought a lot of shiba last week but he kept praising shiba and told shiba will go moon by this december. I am sure as you said shiba is just another hyip to fool those people who think every crypto is worth investing especially nowadays when crypto is rising.

We never can tell since he has the plan of holding it in December it is very possible that the coin could still have another bull run so it's a risk worth taking anyway.