We also cannot force them not to invest in shitcoins because each person decides to choose their investment. If they are still comfortable investing in altcoins, they will continue to do so even though it will be difficult for them to choose the altcoin because there are many altcoins on the market.
Even if they become victims of scam projects, they will not stop investing in altcoins. They still see altcoins as a driver for profits. Well, that's fine if they can find the right project. But it's not easy to find the hidden gem.
And we better stay focused on investing in Bitcoin because we may not have it for much longer. So as long as we still have time, we must keep doing it.
Having the understanding of every investment are based on ones free will and how he considers the currency to be of good benefits. Bitcoin is actually the best among every other currencies but trust me there have been many other altcoins which have given more profits to their investors than that of Bitcoin, this has raised the comparison over the years.
Getting to know about Bitcoin, they fail to understand that Bitcoin has more even potentials than any other currency starting from its usefulness and world adaption, not any other crypto currency have this potentials. They fail to learn the possibilities around Bitcoin, most people do not know how the market operates as to know when to begin investing wholesomely catching the DIP and when to apply the DCA strategy. Both can be applied simultaneously when there is full understanding of the market
Before investing in Altcoins
DYOR!
Before investing in Shitcoins
DYOR!!
Before investing in Bitcoin
Buy Dip,& Waiting For Bullrun.
Investing in Bitcoin is risk free, but investing in other altcoins does involve risk. Shitcoins are hyped in the market and once dumped from that market, there is no chance of going back. But once invested in Bitcoin, there is a good chance that Bitcoin will go back to the previous market even after the market dumping.
Its a good thing to do your own research before investing in any cryptocurrency, yes! even Bitcoin. Most people due to hearing about Bitcoin from friends and the internet just decides putting their money into it without any fundamental knowledge to guide them, seeing a little price down in the market will cause them pressure and if not advised this is where most of them will sell off and take loss from their investment. So people should know more about Bitoin or any Altcoin before casting their money into investing, mostly the Altcoins. It is said all Shitcoins are Altcoins but not all Altcoins are Shitcoins, so make close analysis before investing.