Post
Topic
Board Beginners & Help
Re: Another Motivation for Novice Crypto Investors
by
Alex Peters
on 18/08/2021, 09:40:30 UTC
To some people will claim that some shitcoins have given more returns compared to bitcoin but they need to have proper knowledge first of all because there are certain reasons for bitcoin growth like consistent adoption, network security,soft fork upgradation and a growing community but those shitcoins rises with influence and have no utility to serve and when you realise it that once crashed they cannot recover but btc if down 80% also will give 180% return to patient holders which only less percentage knows.

To such people, I always answer that no serious long-term investor will invest in shitcoins, because an investment is not only profit, but also risks. When investing in shitcoins, the investment is like playing roulette, whether you are lucky to make money and exit on time or not. Those who were unlucky were left forever with a bunch of garbage in their wallets. When comparing bitcoin with other high-yield shitcoins, bitcoin can lose on one parameter, but with a comprehensive comparison, bitcoin will turn any shitcoin into dust.

It has been 4 years since I came into contact with Bitcoin to know Bitcoin. There are many friends around me who invest in digital currency, but I never make decisions for them or give them guidance, because of everyone’s mentality.

It's not the same. I can't solve this kind of character problem. Investment portfolio, investment time, investment ratio, investment skills are not suitable for everyone. It is like a person who has won a very good poker, but lost miserably.

Investing in Bitcoin is not as good as believing in the future value of Bitcoin. For some stubborn investors, as well as those who like to gamble, I will not waste my saliva, it is better to bake a piece of bread.

 Grin Grin Grin Grin