Quote from: fzkto on Today at 07:53:39 AM

Quote from: Odusko on June 09, 2023, 07:40:44 PM

Quote from: JayJuanGee on June 09, 2023, 06:40:32 PM

We are not talking about shitcoins here or the extent to which it might be prudent at all to include them in your investment portfolio, but surely each person does need to figure out those kinds of allocation matters - including the extent to which they might get involved in shitcoins - especially if they might already know about bitcoin and they are attempting to decide how much to get involved (or invest into) bitcoin.

We can not keep mentioning shitcoin or crypto in our discussions since we are strictly limiting our discussion to bitcoin only as our primary asset and single portfolio, there is no future in shitcoin so we must not waste our time analyzing the market and possible outcome, bitcoin holders know this better and are futuristic in they approach in the accumulation process whenever the market touched a discounted price ro hodle for the future gain and that can not be said with altcoin since their market is highly manipulative because of the over-involvement of their developers who will constantly manipulate the market just to cashout their own gains and eventually drain out the coin liquidity then possible exit scam on the holder.,
But Bitcoin on the other hand has a sustainable market price and no matter what comes the Bitcoin value remains intact unless you want to DCA at the wrong time because when it comes to Bitcoin, the entry price vs the exit price determines what the holder will walk away with be it gain or loses.

Wrong reasoning. If you are solely a bitcoin maximalist, then it is understandable why you say that. But if you listen to common sense, there are very good opportunities right now to buy shitcoins bags and wait for the price you are willing to sell at. There haven't been prices like that since 2020, and it's silly to give up the profits you can get in a year or a year and a half for example.

It is you that is wrong fzkto and you are underestimating bitcoin potential just because the price is not pumping as you expected. The best way to invest in bitcoin is to buy at dip and hold for a very long time. Which this is the best time for that action,but I don't think that you understand it this way,if not you wouldn't be talking about shitcoins. Shitcoins are centralized and can easily by manipulated in price to 100x profit and after so many people have bought it,thinking the price will keep on pumping. Before you know it the next day that value can rundown to zero,which makes it highly risky to invest in them. Shitcoins will end up putting Frustration,disappointment and great loss to their investors. Shitcoin cannot be held for long which makes it useless and unsafe to invest in it. Investing in shitcoin is gambling,which the probability of making profit is slim and you will also be worried just like when you are trading. I can buy my bitcoin and keep it till the next 15yrs,it will add value and might be 10x or more the amount that I bought it,but can I but shitcoin and hold it for ten years no. I can't even hold it for 3 months or more before it will depreciate to zero level. Invest wisely mate and think more of the nearest future than thinking of only today. Shitcoin prize will never get to your target prize that you intend to sell. Only bitcoin is the future hope amongst other assets,physical or digital