Shitcoins. A thread.

The funny thing about this shitcoin rave is that a lot of new guys think that’s all that crypto and blockchain is all about. Making fast profits with the littlest efforts. It’s funny because at one point or the other since crypto and blockchain started
gaining acceptance and more and more people could create token on blockchains of choice, one or two shitcoins pump 10000+% daily.

What most people don’t know is that a lot of these shitcoins with zero fundamentals and teams that can’t be referenced cannot stand the test of time
and are here just, as we say, to catch cruise.

Crypto is the future of money. Crypto will usher in an age of wealth redistribution and that’s why present billionaires are trying to ride the wave so they don’t become old money, and why they also try to manipulate the markets so
that weak hands can remain poor. It’s a dog eat dog world. You know this.
Back to the future of money, the currencies you HODL on to now will determine who you will be in that future. If you’re left holding a bag of a coin with no fundamentals and the developers disappear and
you can’t sell what you’re holding, that’s money lost.

If you’re a short-term trader, or just looking for quick profits, better to take your profits fast from your shitcoins and lose the inherent greed. Use your profits to buy coins with utitlity like the popular $BNB,
I like $ADA a lot too. I would say $XRP but even I am avoiding that one until it’s certain that the case against them is completely done. These are justa few examples of coins I know have a future.
Shitcoins are shitcoins because they are shit!
Don’t catch cruise with the future, tap into it.

Whatever you accumulate now is what your kids will spend in future. The dollars matter now to you, and that is why you take profits. Always take partial profits. The dollar worth won’t matter to your kids.
The BTC worth, or BNB worth or ETH worth is what will matter when your kids are sending you “children food” money. Because you won’t be broke in your old age too.
You can follow @tobyemerald.
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