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.
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.
In general, I really agree with your opinion. However, there are some of your opinions which, in my personal view, are a bit inaccurate.
One of them is about your opinion which says that bitcoin has no risk In my opinion, this opinion is a bit inaccurate, even though Bitcoin is indeed a superior and best crypto asset among other crypto assets. However, Bitcoin still has risks that we must continue to be aware of. Even though the risk is very minimal or small, a risk is still a risk and we must not forget this risk. So in conclusion, if you say Bitcoin has no risk, then that opinion is not true. However, in my opinion, a more accurate opinion is that Bitcoin has little risk compared to other crypto assets.
Apart from that, you also said, if you want to invest in bitcoin
Buy, DIP, and wait for the bull market.
This opinion is basically very correct, but I personally think there is no harm in adding DYOR to these words. Because even though Bitcoin does have a regular cycle every four years. However, there is no harm in carrying out independent analysis, because independent analysis in an investment is very important and this also applies to bitcoin investments. So the point is that you always have to be careful and alert, even if the asset you invest in is Bitcoin. Because no one knows what the bitcoin market will be like in the future. For this reason, independent and careful analysis is needed, in order to further minimize the worst risks that could occur.
I really agree with your opinion, there is always a risk in every business/investment or choice, Therefore, it would be better for us to consider and carry out an analysis first before deciding to invest or do business.
That's what I'm doing now I'm starting to have a serious interest in Bitcoin starting in 2022, some people think I'm late but I think it's never too late.
But after doing some analysis I have the opinion that Bitcoin will continue to grow for the next few years even though we don't know what the future will be like. But I am optimistic about this, it can be seen from the increasing number of people getting to know bitcoin every year and they are starting to be interested in investing in bitcoin.