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Shitcoins - Keep on HODLing or Start Dumping? An Honest Discussion With Kevin

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Cryptocurrency shitcoins: should we keep on Holding them or is it time to consider selling/dumping some? In this video we look at the definition of a crypto shitcoin, why many of us have shitcoins in our portfolio, Kevin's personal experiences with shitcoins, reasons to reconsider shitcoin investing strategy, a look at a fun new website (doiownashitcoin.com), and more! If you like this video, please support me by LIKING, COMMENTING, and SUBSCRIBING as well! #Cryptocurrency #Crypto #Strategy #Trading #Investing #Bitcoin #Ethereum #Litecoin #Ripple End scene music: Adventures by A Himitsu https://soundcloud.com/a-himitsu Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music released by Argofox https://youtu.be/8BXNwnxaVQE Music provided by Audio Library https://youtu.be/MkNeIUgNPQ8
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Text Comments (52)
Bitcoin for Beginners (5 months ago)
What are yall doing with your shitcoins? Don't lie, I know yall have them still just like I do :P
impatient potato (5 months ago)
still hodling but selling for btc might be good
Bitcoin for Beginners (5 months ago)
That sentence always goes in one ear and out the other when faced with 10x gains... loool
Elyse Lam (5 months ago)
i told you to buy those shitcoins with a "hey this is not investment advice" lol
Bitcoin for Beginners (5 months ago)
Btw I blame you and Stephen for me having most of the shit coins that I do.
Bitcoin for Beginners (5 months ago)
Adriaan shakes his head at this comment
stephen rendall (5 months ago)
Great video and great points i probably have a few shitcoins but heres hoping its only a fraction of my portfolio haha
Bitcoin for Beginners (5 months ago)
Hahaha I see
bekim rexhepi (5 months ago)
Holding all my coins here
Bitcoin for Beginners (5 months ago)
Haha nice
Street Assassin (5 months ago)
What do you think of XRP, ADA, TRX, XLM, NCASH, IOTA, IOST, AND KIN? How long should I hodl these coins?
Bitcoin for Beginners (5 months ago)
can't say for sure but most of those seem to be solid projects
Michael R (5 months ago)
Subscribed! Great video. Actually, my friend and I created doiownashitcoin.com in a quick couple of hours for fun. We received massive engagement and as a result we will add some cool features/metrics and a funny, yet informative newsletter. Cheers, and always down to talk some 'shit' (pun intended, pun always intended). I'm @CryptyMike on Twitter if you ever want to touch base. Keep up the good work!
Michael R (5 months ago)
Likewise! Thanks
Bitcoin for Beginners (5 months ago)
Very lighthearted and fun site, so I wanted to point it out to my audience. I'll be following along yalls progress for sure!
El Nino NMG (5 months ago)
LINDA COIN! TOTALLY SHIT!
Bitcoin for Beginners (5 months ago)
Hahah that's good to hear
El Nino NMG (5 months ago)
Made me some money though.
Simply Human (5 months ago)
SUB, RDD, KIN, MIOTA
Bitcoin for Beginners (5 months ago)
Are those your top long term holds?
Ka Takeuchi (5 months ago)
Great Video Topic!!! I know I own some shitcoins!! I even own a shitfork coin!! Do you remember LCC? Wow, what a stinker!! My opinion on your strategy, I threw some money at some of these longshots with the understanding that they could just vaporize into shitcoin heaven. So, now I am thinking, if I have lost 80% or more on these longshots, what's the point in selling? On all of these, I did not put that much money in. I would rather wait, see if they revive and at least have proof that I own a real "shitcoin"!! This will keep my ego in check when some of my other coins (hopefully) moon!!!
Bitcoin for Beginners (5 months ago)
Thanks for sharing your sentiment!
Mike Lowe (5 months ago)
I just looked through the bottom section of my Delta app and I too have a bunch of 85%+ losses from January. I've been considering selling them all, but can't get myself to put the time and effort into actually doing it.
Bitcoin for Beginners (5 months ago)
I agree. Laziness is a big factor in every investors choice to HODL, if there were simple one click buttons to buy or sell, the market volatility will be multiplied even more.
Ziji Dawa (5 months ago)
We have to take a look at each case. This is so new still that many projects just haven't released yet. I check to see if they are still making progress and reporting on the progress. Like SUB and PPT have gotten their asses kicked on price action but are still moving forward with the project so that takes patience. But if there is no communication, verifiable progress and if they are not even coming out to blow some smoke now and then I consider it dead money and take my loss. Some I keep a small "token" amount just in case it comes back to life. I also think it is important to realize that in moving into the alt-coins that we have to leave behind the greed/fear model of legacy markets. To me this is the creation of a whole new way of being as a species. It goes way beyond whether you gain (or lose) more U.S. Dollars, talk about a shit coin it was at 100¢ now it is at 0.039¢. Chasing the market shows an allegiance to the monetary slavery system that would keep us poor and desperate enough to do something stupid like that based on their model of fear and greed. We have to be Bobcats not Golden Retrievers. A Bobcat studies a flock of birds for awhile then picks out one bird and goes after that one and usually eats well that day. A Golden Retriever runs blindly into the flock and starts snapping around and might get lucky but you will notice that there are more Golden Retrievers as pets than Bobcats.
Bitcoin for Beginners (5 months ago)
Definitely guilty of the golden retriever mentality. Thanks for your well thought out comment!
MichiganBob (5 months ago)
I just checked each of my holdings with that website you provided. All of them came out as some kind of shit. Luckily it's only a couple thousand $ gone, so I won't starve. I'll just forget about it all and go back to pimping.
Bitcoin for Beginners (5 months ago)
looool!!
donnie gebert (5 months ago)
Hodl. This whole market manipulation IS to shake the weak hands. The system is dying and those who have the coins at the end win. Simple and difficult. Stay Strong. Also, have good coins. PPT, VERI, GNT, SRN, CVC, PRO, ZRX, AION, OMG.... there are others. 😁
Bitcoin for Beginners (5 months ago)
those are some decent ones indeed!
Marcus1552 Crypto (5 months ago)
Do you think my BCC investment is safe?
Marcus1552 Crypto (5 months ago)
lol not far of me BAX coin then
Bitcoin for Beginners (5 months ago)
Bitconnect?! :O
Erick 3.0 (5 months ago)
That pump in December and January gave hope to many thinking pennies could turn to millions. Not sure if we ever gonna see a run up like that again, but there are many shitcoin holders that will continue living the dream it will.
Bitcoin for Beginners (5 months ago)
Ah I see, makes sense!
Erick 3.0 (5 months ago)
Bitcoin for Beginners - Just cause a coin pumps once, doesn't mean it will do it again. Most of these shitcoins will die after the intial pump. Whales know that, but leave the new investors thinking there's actually a chance of reaching all time high's again.
Bitcoin for Beginners (5 months ago)
What do you mean by your last sentence Btw?
abdo hamid (5 months ago)
great video as always ... Keep up !!
Bitcoin for Beginners (5 months ago)
Thanks brotha
stev EN (5 months ago)
Ive been waiting for spikes then shorting them to increase holdings... hasnt been amazing but a growing portfolio is always good
stev EN (5 months ago)
Mike Lowe yeah, poor choice of words on nightshift lol
Mike Lowe (5 months ago)
So not "actual" shorting... Just selling high then buying more low?
stev EN (5 months ago)
Bitcoin for Beginners nah, bittrex, kucoin and binance mainly.
Bitcoin for Beginners (5 months ago)
You use bitmex?
Monic Covic (5 months ago)
I love your video!
Bitcoin for Beginners (5 months ago)
Thank you so much for watching!
Adriano El Casinero (5 months ago)
You didnt sell back then to take profits bc you got hodl engrained in your head, but bc you were too lazy to sell lmao ;-)
Bitcoin for Beginners (5 months ago)
Loool shhhhh
tingstravels (5 months ago)
I have shit coins.......
Entrepreneurs Book Club (5 months ago)
Is EOS a shit coin?
Bitcoin for Beginners (5 months ago)
Elyse would say so :P

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