Quote from: ginsan on December 02, 2023, 09:11:27 PM

Quote from: JayJuanGee on December 02, 2023, 02:29:08 PM

When it comes to shitcoins, of course people have the right to do whatever they like, and we are not going to stop people from being dumb and even overly playing their shitcoin hand by investing too much into them (in terms of time, money and energies), but you cannot really stop people, yet instead of encouraging anyone from getting involved into shitcoins, I frequently will just suggest to limit your shitcoin adventures to less than 10% of your bitcoin value, and in the end people are going to do what they like anyhow.. ..

Not even better maybe it's only about 2% for shitcoins of their BTC holdings.

I personally believe that 2% is too extreme, and many people will not even be able to comply with limiting to less than 10%, and sure I personally only have around less than 0.5% of my "crypto" holdings that are in shitcoins, but there were times when even I had more than 2% in shitcoins, including when B-cash was being issued, and it took me several months to get out of my b-cash position, but part of the matter dealt with technically trying to figure out how to claim them.. but surely I had some other shitcoins.. but really much of the time they were only 1% or 2%, but then maybe it has to do with other matters too.. and let's say that a guy has a $100k investment portfolio and so he has around $15k in bitcoin.. so a pretty aggressive position of 15% in bitcoin, and so I am suggesting that he could have up to $1,500 in shitcoins, and you are suggesting that he should ONLY have up to $300 in shitcoins.

I still think that they are going to have trouble staying below 10%..and so maybe even less is better, and I have no problem with that... but I think that 10% is more realistic and workable..

I say the same thing about any trading that anyone should do, and I say to limit such trading to 10% of the size of your bitcoin account. I do kind of believe that shitcoin and trading overlaps, but there may even be some degenerates who have 10% in shitcoins and 10% of their bitcoin that they are trading, so then that bings them up to 20% of their BTC holdings into two different kinds of degeneracy... it sounds a bit to much to both you and me, but at the same time, it is way better than some of the folks who claim that they are in bitcoin and have less than 50% into actually holding bitcoin, and surely there are even worse than that.. and then maybe they wonder why they end up getting quite scatter-brained and probably have very difficult to follow and meandering ideas in regards to what they are supposedly doing with their "investments."

Quote from: ginsan on December 02, 2023, 09:11:27 PM

But for me, I really stay away from Shitcoins because if you feel the benefits once you will be interested in buying them again and slowly you will have put more money into the wrong place because if one shitcoin is pulled the rug you will fall into poverty. Like luna and ftx, almost everyone didn't even expect it to be a big zero but it really happened last year which made many of them fall into poverty.

Well are they going to be damaged very much if they have no more than 10% in there as I suggest or no more than 2% as you suggest? After they lose their money, then that money likely has to stay on the books for a while before they are able to put another 10% into shitcoins.

So let's say like in my earlier example, they had $1,500 into shticoins and maybe they had $15k into bitcoin... so I am not sure how long they might have to wait to be able to put more money into shitcoins.. perhaps they could put 10% of any new money into shitcoins, so if the person bought another $5k worth of bitcoin over the next year, then he would be able to invest $500 into shitcoins.. to the extent that he did not learn his lesson the first time around... but hey how these matters are calculated could have ways of investing higher than 10% and saying that he is ONLY investing 10%,, even though he lost the whole 10% the first time around. In other words, these kinds of guys are going to want to take from the BTC profits and to put it into shitcoins... because they are going to feel that $500 is not enough.. even though he already lost $1,500.

Quote from: ginsan on December 02, 2023, 09:11:27 PM

So in my opinion, don't try playing with shitcoins because the risk is quite big and you will lose everything. I believe more in Bitcoin and there is no worry that it will become zero because Bitcoin has gone through many phases and bitcoin is quite strong and I believe it will not become zero.

Sure.. no problem.. but still how you going to guide people with "just say no to shitcoins.".. even though frequently I do say fuck shitcoins, but if you are going to do them, no more than 10% or the size of your bitcoin investment... and whatever, you can tell people whatever you like and I don't feel like I am encouraging them.. because I do also say stay away from shitcoins.. and also there are some people who are very poor.. like $10 per week or even some low amounts and they are wanting to divide to do part in bitcoin and part in shitcoins... so yeah.. are they going to listen? I am not sure... I mostly think that they won't but it is better to say something than not to say anything at all.. even though some people are not even going to be receptive to listening anyhow.. so they might even be more of a lost cause and just have to learn through their experiences.

Quote from: Taskford on December 02, 2023, 10:59:25 PM

Quote from: ginsan on December 02, 2023, 09:11:27 PM

Quote from: JayJuanGee on December 02, 2023, 02:29:08 PM

When it comes to shitcoins, of course people have the right to do whatever they like, and we are not going to stop people from being dumb and even overly playing their shitcoin hand by investing too much into them (in terms of time, money and energies), but you cannot really stop people, yet instead of encouraging anyone from getting involved into shitcoins, I frequently will just suggest to limit your shitcoin adventures to less than 10% of your bitcoin value, and in the end people are going to do what they like anyhow.. ..

Not even better maybe it's only about 2% for shitcoins of their BTC holdings. But for me, I really stay away from Shitcoins because if you feel the benefits once you will be interested in buying them again and slowly you will have put more money into the wrong place because if one shitcoin is pulled the rug you will fall into poverty. Like luna and ftx, almost everyone didn't even expect it to be a big zero but it really happened last year which made many of them fall into poverty.

So in my opinion, don't try playing with shitcoins because the risk is quite big and you will lose everything. I believe more in Bitcoin and there is no worry that it will become zero because Bitcoin has gone through many phases and bitcoin is quite strong and I believe it will not become zero.

Eventhough shitcoin market is risky still there's good profit to be taken there so its still good suggestion to invest there especially right now we are almost heading at bullish market condition so most provably shitcoins will do a good run.

Why you pumping shitcoins here. Fuck shitcoin. Why don't you go to some other thread if you want to talk about which shitcoins that you want to get into because some of them from your point of view are less shitty than other shitcoins.

Quote from: Taskford on December 02, 2023, 10:59:25 PM

But we also make sure to ourselve that we have plan to be done and never hold those type of token and sell when its perfect time to sell since this is what shitcoin all about.

You are contradicting yourself. Yeah, sure shitcoins are meant for selling, but you are also suggesting to buy them.. so you are in the wrong place exploring those kinds of ideas.

Quote from: Taskford on December 02, 2023, 10:59:25 PM

For hodl its automatic bitcoin is always good for that since this is really the most ideal coin to do and as I said bullish season is coming up so for sure there's more price action to come then this could give a lot of profit to the people who believe on bitcoin at the cheapest price it dip for past couple of months.

If you are bitcoin maximalist then go with bitcoin since this is really good coin to hodl. But if you are a risk taker then try to venture for multiple risky options and try to test out what will be the shitcoin market show some result to us this last month of the year or maybe also in next year.

Again.. Fuck shitcoins. Take your promotoin of that kind of nonsense somewhere else (there are shitcoin threads). but this is not one of them. .we ONLY talk about shitcoins here in order to bash them or discourage them, to to take them serious as any kind of thread-related strategy.. .