Quote from: Davidvictorson on May 30, 2023, 06:56:15 AM

The barrier I had that prevented me from investing in Bitcoin initially was my mindset. I thought that I had missed the train so I opted for a shitcoin because I thought it was going to make me a lot of money in the shortest amount of time. I sold my car so as to have enough funds to invest in the shitcoin which they promised was going to the moon. It didn't. I lost everything. It wasn't until I decided to do my own research. I read some Bitcoin books for beginners, watched a lot of Crypto YouTube channel, listened to podcasts and engaged actively with other Bitcoin enthusiasts that my mindset began to shift and change.
When that happened I bought a small quantity of Bitcoin and started to invest in smaller units monthly.

A lot of people fall into this. They just start with a shitcoin that would most like always be shit.
In some cases, these people just see all cryptocurrencies as scams and they might go ahead to miss out on the opportunities that they can get from investing in Bitcoin.
Shitcoins are really a problem and the people that always portray them as the next best thing after Bitcoin are a bigger problem. They always present it as something that is without risk which is the first red flag. They mostly target people that are new to the industry.