{"id":6367,"date":"2021-06-02T15:07:34","date_gmt":"2021-06-02T03:07:34","guid":{"rendered":"https:\/\/cryptocurrency.org.nz\/?p=6367"},"modified":"2024-02-02T15:17:39","modified_gmt":"2024-02-02T02:17:39","slug":"shitcoin-investing-nz","status":"publish","type":"post","link":"https:\/\/cryptocurrency.org.nz\/guides\/shitcoin-investing-nz\/","title":{"rendered":"Shitcoin Investing NZ – New Zealand’s Cryptocurrency Guide (2024)"},"content":{"rendered":"\n
Shitcoins are truly one of the most degenerate interest areas in the crypto space, however it’s also one of the best ways to make rapid gains by punting on speculative, and often bullshit projects across the world. Enjoy this guide, and welcome to the world of shitcoin investing. <\/p>\n\n\n\n
As \u2018shitcoin\u2019 it is not exactly something you\u2019ll be able to define simply by opening a dictionary. For the sakes of ease, we’ve created our own definition for this guide:<\/p>\n\n\n\n
“A shitcoin is any cryptocurrency whose characteristics are expected to attract short term investors and those looking to make instant gains. Key shitcoin characteristics include the coin being meme-based, having an absurd name, or having a community behind it mostly consisting of those wanting to pump and dump in efforts to secure short term gains”.<\/p>\n\n\n\n