Quote from: Justbillywitt on January 03, 2024, 07:24:45 AM

Quote from: ginsan on January 02, 2024, 11:02:00 PM

Quote from: summonerrk on January 02, 2024, 08:31:23 PM

Quote from: imthegreat on January 02, 2024, 08:03:23 PM

We need to cultivate the habit of investing and carefully handling the money that we have invested in bitcoin. They say the habit is formed after three times, and that's how I learned to save and invest. I am not rich, and I think the amounts of my first monthly investments would make you smile, but nevertheless I am now also in business, and recently I managed to replenish my wallet so that I do not believe looking at my Trust Wallet.
You are right, you cannot sell at the first growth of any token in a long time, and of course bitcoin. Today he pleasantly surprised us all, as he has in recent weeks, and this is great, because now is the time of miracles. And friends, I want to tell you that I am proud of myself that I am not investing in strange altcoins, but in the first and main crypto coin - BTC.

When I reconsidered my entire journey as an investor, I realized that I was tired of looking for new coins, listening to the advice of “professionals” and at the same time losing money every time on unsuccessful investments, then I decided not to chase an insane increase in my deposit, but simply invest in Bitcoin.
And only into him.
Oh, friends, how much criticism I have heard addressed to me!
“Everyone multiply deposits by 100 times until your Bitcoin makes x 2.” And a lot of similar things.
BUT all this was at a price of 28k.
What is our price now?
And where are these advisers?
They shut up now.

And I want to add that I really like investing in Bitcoin because I am always calm, because I know that various altcoins will die, and Bitcoin is the last immortal stronghold.

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.

No matter how long you keep advising some of these people not to invest in shitcoins they will never listen till when they eventually fall victim of rug pull in projects that doesn't worth investing on. I keep wondering what usually motivate them to make such decisions. Why not invest in Bitcoin and relax, some want to get quick roi which is not a guarantee at the same time expose themselves to high probability of losing their capital invested in these shitcoins. Since I know Bitcoin investment, people who invested in it and hodl for long always win. If people always win in Bitcoin investment in the end why won't ever investors both new and old just stick to Bitcoin alone.

Bitcoin was created for everyone by Satoshi, but we cannot force people to adopt it if they don't want to use it. Most people find their way into the crypto space with no mentor to guide them on how important Bitcoin is and they think it is too late to invest in bitcoin, while some people are looking for where they will get x20 in the short term, not knowing that investing in shitcoins will only make them lose their money because they are gambling and not sure of winning. The manipulation in shitcoin is too much, for instance, if a shitcoin has a $500k market cap some whales can push the market cap to $2m, and once those whales sell their token you will see the shitcoin will do -70% from its price, and if you don't sell that shitcoin before those whales sold their holding, you will lose your money on that shitcoin investment because the shitcoin has been dumped where it will never recover from its price. In bitcoin investment, you just need bitcoin knowledge and funds to use and invest in bitcoin with the DCA strategy, and no one will manipulate you or take liquidity on your head.