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Agree with you that only Bitcoin is worth holding for the long term. I don't believe their talk on social media where they make shitcoins their target to get a fast roi but in the end they lose their money when the carpet pull is done. Be wise in investing because making money is very difficult in the current era and of course 1 coin and that's Bitcoin which is worth buying and holding for decades to come.
There have been many cases that happened to those who
bought shitcoins but they really didn't realize how to correct their mistakes. As we have seen, Bitcoin has a good trend in its price movements and that is an opportunity for us to continue accumulating Bitcoin at low prices. Advising them sometimes doesn't mean much but I always say stay away from shitcoins because everyone has made mistakes and that's a meaningful experience that can change someone's thinking.
It is exactly true that sometimes we make mistakes and we have trouble figuring out a way to extricate ourselves from the situation that we put ourselves, and similar things can happen from NOT buying bitcoin or even selling too much too early. .and we sometimes will trap ourselves into feeling that we have to wait to make a new entry point because we might consider that we are either locking in losses, or buying higher than we could have or buying higher than the price that we sold.
Shitcoins lend complexity because they should be considered as "in and out" kinds of holdings, but some people get into shitcoins and do not realize that they are "in and out" holdings, and they were investing under a different presumption, such as long term investment and maybe even like 10 years or more, and so when they believe that they got in super cheap because it was only a few dollars or even pennies, but then its price ends up going 80% lower, there can be some bafflement regarding how their beloved "investment" aka piece of shit is ever going to recover in the supposed rosey pictured world-changing vision that was being promoted at the earlier date.