Post
Topic
Board Bitcoin Discussion
Re: Invest only in Bitcoin and never invest in shitcoin
by
Mauser
on 07/10/2023, 18:33:05 UTC

Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.


At the early days of the rise of the crypto world the difference between meme coins and bitcoin wasn't as large as it is today. In my opinion it's wrong to disregard all other coins and only focus on bitcoin. The problem with bitcoin is that the market became quite large and mature, there are a lot of different investors and price changes are not going to be the same as they were in the early days. Expecting the bitcoin price to jump 100% in a few months is not realistic and if we are looking for such kind of returns then we need to consider other crypto protects. The big profits happen in the early stages of a new project before it's known all around the world. What has worked best for me was to put at least 80% of my money into Bitcoin and only use a small part to invest in more risky projects like meme coins. The high return possibilities of those coins also means that one successful investment is going to offset several bad investments.