Post
Topic
Board Bitcoin Discussion
Re: How I found my financial success in Bitcoin 1 year
by
Iranus
on 21/04/2023, 02:54:45 UTC
I'm pleased to note that you have avoided investing in "shitcoins." I had a similar experience a few years ago, where my portfolio became worthless due to investing in such coins. Since then, I have come to realize that only Bitcoin holds true value. Recently, I have also stayed away from investing in "shitcoins," but occasionally take calculated risks on reputable altcoins such as BNB and Ethereum. By doing so, I have been able to reap the benefits of Bitcoin. I sell when the price is high and accumulate when I believe it is the right time to do so. I encourage you to keep up the good work.

Holding shitcoins is proven to be a waste if you tend to hold for long term.  Shitcoins are subject to pump and dump then worthlessness so when engaging in shitcoins we should always be in our feet and be ready to sell when our holdings increase in price.  Shitcoins are good for short term investment if anyone is for a long term investment, Bitcoin and top altcoins is the way to go.


According to me, investing in shitcoins is like gambling, so I don't think we should waste time with them. Although there are still some lucky people who can make profits from shitcoins, those lucky people count on their fingers, and most of them are losses.

I think if one is knowledgeable enough and knows what is going on inside a group can take advantage of shitcoin trading.  I agree that many had made losses with shitcoins but there are also people especially early adopters who take huge amount of profit from 10x to 1000x because of shitcoins.


Investing in shitcoins as a game of chance, if you know what you are doing and are willing to accept losses, then you can try your luck, if you are lucky, you can retire early, for their profits are really huge. But if you don't have too much money, no experience but always want to get rich quickly with shitcoin, it's just a waste of your time. I've also seen a few people change their lives by investing in shitcoins, but as I said, there aren't many like that, and most of them are losers and losers. This life needs effort and hard work to be successful, can't rely on luck, because it's not for everyone.