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Shitcoin Explained|| Part-2

samin1 - 2024-06-14 12:59:09





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Assalamu Alikum









![pexels-rūdolfs-klintsons-7293759.jpg](https://cdn.steemitimages.com/DQme2B7L79Wpsejbs7RPjrTBjywUQi9WXULiwZqavWVJNXL/pexels-r%C5%ABdolfs-klintsons-7293759.jpg)
[Source](https://www.pexels.com/photo/grayscale-photo-of-a-coin-7293759/)

We have already come to know about different coins. I have discussed various coins and their systems in previous posts. In today's post we will learn about shitcoin. Shitcoin is a coin whose value is very low. This means you will need very few dollars to buy Sitcoin where it costs you many dollars to buy other coins. What is the benefit of buying the sitcoins? In fact, these coins have a chance to increase in price. If sit coins go viral on social media then their price increases manifold. Let's discuss some popular bitcoins.

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![pexels-jonathan-borba-14832163.jpg](https://cdn.steemitimages.com/DQmS9rPkT1h3ZPC3y7qnpfB4pxYxXp5s6bF9KQ7KeuVzZRq/pexels-jonathan-borba-14832163.jpg)

[Source](https://www.pexels.com/photo/close-up-shot-of-bitcoin-14832163/)

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You may know about Dogecoin. Dogecoin was created just for fun. But now the price of Dogecoin is much higher than before. Now talking about how it happened. This is mainly because there has been a lot of talk about Dogecoin on social media. As a result, the price of this coin increases a lot. These coins are now in a very good position in the market. The benefit of these coins is that they cost very little to buy.

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![pexels-rūdolfs-klintsons-7767506.jpg](https://cdn.steemitimages.com/DQmc1NUD3E2c2c26ueGS1vHj8wDCRLvnZLL6Lx3WrXSRgbv/pexels-r%C5%ABdolfs-klintsons-7767506.jpg)

[Source](https://www.pexels.com/photo/close-up-shot-of-a-coin-7767506/)
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To buy sit coins first you need to understand whether this coin will pump in future. Because there are many coins that may not pump. If you don't pump you can't make profit. So you have to keep in mind that there are risks in Bitcoin. If a new coin is uploaded from a good company, then you can buy those coins that have a good chance of increasing in price.

So friends, this was today's post. Looking forward to any new post. Stay well.