Shitcoins are all over the Crypto market now and are easily becoming one of the most traded coin types.
Immediately a new shitcoin is created and it's token is announced on exchangers like pancakeswap or julswap, traders begin to search for the coin contract address so they can immediately research about it, check or study it's candle stick before they acquire these coins.
The two major things to put in mind before buying shitcoins are;
- Shitcoins can vanish
- They can grow to become stable coins.
Only daily basis, new shitcoins are introduce, so knowing which that will grow to become a stable coin is quite unpredictable. Meanwhile coins like BTT and WIN which started as shitcoins are now stable and are listed on top exchangers like Binance.
Before buying a shitcoin, take it's Contact Address to website like BSCScan.com to check liquidity and quantity in supply. Use poocoin.app to check and study the candle sticks.
As it is in Crypto, never buy a shitcoin in it's pumping time, wait for it to dip before buying.
Don't buy shitcoins with the hope of hodling and coming to check back in days, weeks or months. Before your return the coin might have vanish and you loose your money. Shitcoins are traded in minutes and hours, at most few days (which is very rare)
If you're buying shitcoins, you need to be on standby and be checking the pump or growth rate. A coin valued at $100 at 2:00pm can pump and be valued at $1000 in 30minutes and it the next 15 minutes dump to be valued below $50.
Shitcoins are to be treated with care, withdraw the amount you use in buying when there is a pump and leave the remaining, so maybe if there is more pump, you gain more and if there is a dip/dump, you have nothing to loose.
I hope this help you in your further trade of shitcoins. Drop a comment, let's interact in the comment section.
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