Post
Topic
Board Altcoin Discussion
Re: About Altcoins Investment Experience
by
soramon
on 10/12/2023, 15:33:35 UTC
I did invest in lots of altcoins and i received many tokens from bounties as reward. I experienced that, most of the tokens turns into shitcoin or dead after a few months. Some Altcoins performed very good for a certain time then all of those lost 90-95% of values and still traded on exchange with so called volume. Thus process is continued. Even top altcoins also replaced by new altcoins. 2017 vs 2023.

Moral: I think BTC and ETHEREUM is better option for investment, Can be trusted blindly, profitable for long. Low Ranked Altcoins, Memecoins and shitcoins are just headache and reason of huge losses in long time. But anyone can invest his money wherever they want.

I once lost all my money in shitcoin, I invested in shitcoin, just follow other people, the lesson taken from there is never invest if you don't know what you are investing in. Stay away from it. It's very simple, just buy long-term BTC and have valuable value, be smart in investing and don't be fomo, keep doing your own research