Thread for Newcomers/Newbies on Shitcoins💩💩💩
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With all this hype had to do it... $DOGE

Definition: The term shitcoin refers to a cryptocurrency with no value or a digital currency that has no immediate, discernible purpose 1/n
Bitcoin Maximalist will consider every coin as a shitcoin, but let's not use that definition for this thread. #BTC

When I mention shitcoins, consider them to be low market cap, low price, 'under the radar' in terms of market narrative and .... 2/n
and off the major exchanges (ie: @binance, @kucoincom @FTX_Official) etc 📈📊📊📊📈
so with that being said should you buy shit coins?
The reality is that shitcoins are incredibly risky.. you will see the term 'rug pull' used on refers to coin developers pulling funds from the liquidity basis effectively killing the coin... has happened before ( https://www.coindesk.com/compounder-developers-implicated-alleged-smart-contract-rug-pull)
You can follow @citadelwolf.
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