No-Coiner: A Crypto Market Spectator

No-Coiner is someone who does not keep cryptocurrency in their investment portfolio and strongly believes that cryptocurrency in general will fail.

What is No-Coiner?

As a result of this, the no-coiner is a person who believes that cryptocurrencies have minimal value and/or that they are doomed to fail. I am not aware of the fact that they do not own Bitcoin (BTC), Ethereum (ETH) or any other digital currency. It is worth noting that the absence of cryptocurrencies in an individual’s portfolio cannot be considered as a basis for classifying them as a no-coiner. Instead, the no-coiner label is determined by a person’s personal attitude or philosophy towards cryptocurrencies.

Some dictionaries, such as Urban Dictionary, place more emphasis on attitude than on the absence of coins in a portfolio. For example, the dictionary describes a no-coiner as someone who failed to invest in bitcoin in its early days. As a consequence, they express their anger at those who took advantage of the opportunity.

They express an anger or frustration with constant reminders that BTC and the cryptocurrency industry are not more than scams, but is headed for catastrophe. The no-coiners experience what philosophers call ressentiment, and they have a similar experience to No-coiners. Among other things, they redirect their pain and failures to external factors. As it turns out, those who don’t believe in cryptocurrencies have the same enthusiasm as people that do.

In other words, they are not just skeptical, they are unabashedly convinced that digital currencies have no place in the world. Despite evidence that cryptocurrencies have uses, no-coiners see their use only by criminals and other suspicious activities.