True it depends on your coin because Bitcoin and top coins like Ethereum or BNB are very suitable for long term investment,
so when we try to hold it in the long term of course it's not greed,
other than that storing shitcoin for a long time will only be a waste of time.
Not just your time will be wasted but also your money. Why invest in shitcoins if you can buy coins with potential to grow even it takes a long period to profit? The problem is many investors are still investing in shitcoins because they want to earn in a short period, so despite of the risk, they still blindy investing because of their greed. So the choice is up to us, it's our hard-earned money anyway that we'll going to invest.
some of those who trusted Shitcoin are the people with greedy attitude and mindset thinking that those coin can make them rich overnight in which mostly end up them being a loser and cry baby.
I believe that for them to succeed they must learn the hard ways.
correctly. if we realize that it is a fact that shitcoin is a coin that will only get a momentary profit and usually it is caused by hype. if a particular shitcoin doesn't get great hype, it's obviously just going to be 0.
This kind of thing is sometimes ignored by those who believe too much in shitcoin that it will soar like saving stones and hoping it will turn into gold.
like in the past few months there have been several shitcoins that are hype and are being talked about, at that time the prices became higher and starting today the prices started to dump. it has become one of the clear evidence that shitcoin is indeed not feasible for the long term and only for the short term or to get quick profits.
instant or overnight mindset, it must be avoided.
I don't invest in shitcoin because of my proven and tested system. When I was new in the market, I keep finding the next 100x altcoin and it is one of my regrets because it made me greedy and lose my capital in my early journey as an investor. Anyway I stop it and I just trade good altcoins with my system and I'm glad that it makes me a profitable trader. There are a lot of hype altcoins and we should avoid it, for those people who keep riding the hype then make sure that the money that you are using cannot damage your psychology and it is just a spare money because most of it are scams where after the hype, the massive dump appears.