ago
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Most of the sh\*tcoins look like get rich quick schemes but actually they are not. All they do is making their creators rich. Millions of people have lost their money in those sh\*tcoin projects. They are scam.

Never stop believing blue chip cryptos (BTC and ETH)
ago

26 Answers

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Sounds like u lost a lot of money on shitcoins lol I personally got rich quick 2-3 times from shitcoins so I have to disagree. Also plenty people on cryptotwitter claiming and proving they make fast money. I think u just suck at trading bro lol
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You only hear the success stories , many people lost money with shitcoins , u dont hear those , stick to your gut.

There are many altcoins with lowmcap doing great , dyor.
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I think there are some websites that show new shitcoins as soon they are created.
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You can look at the new contracts that are being created in etherscan.

Io but it will be really hard to discern which of them have a chance of going to moon.
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Put $100 in every new coin that comes out and never touch it again.
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About 95% of them are rugpulls and honeypots though. Especially on BSC.

If you are not experienced in the game of inspecting contracts and blockchain footprints, I would highly recommend staying away from buying random tokens right as they are created.

At the very least, be prepared to be scammed out of a lot of money.
ago
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All in all it’s still rigged heavily against retail investors, but sometimes you hit the lottery.
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If you do a x30 in a shitcoin you are already doing really great.
ago

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