Quote from: JunaidAzizi on Today at 02:30:54 PM

Quote from: Justbillywitt on Today at 01:52:40 PM

Not all cryptocurrencies are worth investing in and not all of them are doing better than other forms of investment. I keep telling people that if you must invest in a digital asset it must be Bitcoin. Anything other than Bitcoin you are on your own as your investment is not guaranteed. For me, it is either Bitcoin or nothing else.

Talking about the investment every person has their plan and wants to execute it.

We cannot assume that everyone has a plan or even that the plan that they have is good for them, and the person who makes the plan is in the best position to judge the extent to which their plan is customized to their various personal circumstances, including mostly the 9 areas that I mentioned in my other post.

Quote from: JunaidAzizi on Today at 02:30:54 PM

For some Bitcoin is everything and for some other cryptocurrency is good.

Yeah, but we are not talking about shitcoins here or even trying to suggest that shitcoiners are anything other than retarded.

So your attempt to suggest that shitcoiners have equally good ideas is likely invalid - and is also showing that you likely do not know and/or understand bitcoin well enough in order to recognize and appreciate that investing into shitcoins has some kind of equivalency to bitcoin.

The fact of the matter is that bitcoin is both the superior asset, but is mostly the ONLY asset that invented anything that is meaningful and significant, so even though various shitcoins might be attempting to contribute various innovations, they are largely building upon an area that bitcoin already invented (or discovered).

Hopefully, for your own good you limit your exposure to shitcoins to less than 10% of the size of your bitcoin portfolio in terms of time, energies and value invested into any of them... and even 10% may well be way too much, especially for someone who is brand new to the space and should be learning bitcoin first before venturing into shitcoins.

Quote from: JunaidAzizi on Today at 02:30:54 PM

We know for investment we chose Bitcoin because it provides us with a good return but this wait is needed because Bitcoin does not go up and down rapidly.

Sure, there are people who invest into bitcoin merely for its return.. and it probably is better to think of bitcoin in those kinds of ways than to get lured into various shitcoins.., but a return only assessment of bitcoin is quite superficial since bitcoin is more than just its returns, and the reason that bitcoin has good returns has to do with various aspects of its fundamentals, includign that it has invented/discovered ways to resolve the digital scarcity/duplication/double spend problem that had not been resolved before bitcoin came onto the scene (even though surely bitcoin did end up taking several aspects from prior learnings, but it had a few of its own innovations, such as the difficulty adjustment and also the way that it designed its supply issuance into halvenings that created various kinds of minimal trust incentives and even dynamics in which individuals acting in their own self-interests ends up contributing to the bitcoin system becoming stronger and stronger with the passage of time.... decently-good lindy effects).

Quote from: JunaidAzizi on Today at 02:30:54 PM

But some people want quick profits and they are searching for a coin that moves quickly and through that, they take their profits, but yeah they did not ignore Bitcoin and have a huge amount of investment in it.

True.. there are people who invest in both bitcoin and shitcoins, and may even keep most of their value in bitcoin.

Quote from: JunaidAzizi on Today at 02:30:54 PM

So I just clear that for some Bitcoin is all about and for some others altcoins matter.

You are repeating your dumb-ass conclusion that seems to want to suggest that there is something that is even close to equivalent to choose to go into shitcoins rather than bitcoin, which is surely not the case.

Even if some of the shitcoiners are smart in various ways, they are dumb in the sense that they might not know sufficiently about bitcoin or they are scammers to the extent that they might promote shitcoins or to either denigrate bitcoin or to fail/refuse to acknowledge bitcoin's superiority in the space. There is no reason that any of us should have to accept any false representation that shitcoins are similar to bitcoin or that there is any redeeming value to getting involved in shitcoins for either financial reasons or even for moral reasons...

And, even if someone might have some morally acceptable reasons for either getting involved in shitcoins or representing them as if they were equivalent to bitcoin, we don't need to be having those kinds of conversations in this thread, including trying to figure out or explore which shitcoins are less shitty... so if you want to continue to make those arguments, you should take them to another thread, since this is a bitcoin thread, and we don't need those kinds of distractions, as subtle as you are trying to make the case for such supposed equivalency of shitcoins, which is not true.

Again, if you are tempted to invest anything into shitcoins, which is a kind of gambling, hopefully you are at least smart enough to limit your investment to less than 10% of the size of your bitcoin investment.. and even that may well be too much.

Quote from: Patrol69 on Today at 04:19:52 PM

Quote from: JunaidAzizi on Today at 02:30:54 PM

[edited out]

But in the case of trading, it is often seen that various traders recommend using some ALT coins in the market because some ALT coins in the market give good returns in the case of trading.

That is a good point about trading.

We are not talking about trading here, but anyone who is trading, they may well be able to find quite a bit more utility in trading shitcoins rather than trading bitcoin, and in fact, it makes some sense to trade shitcoins especially since they are in and out kind of assets that you likely should not be holding any of them for the long term, but it does not make very much sense to trade bitcoin, even though there are ways to manage your bitcoins that involve selling on the way up and buying on the way down.

Yet personally, it seems to me that it is much better to build your BTC stash to a certainly high level prior to even messing around with selling any of it.. - especially if you are still in your BTC accumulation stage, it makes less sense to sell in order to accumulate rather than to merely engage in various forms of buying of BTC in order to accumulate.. but of course, once you accumulate a decently large bitcoin stash, then you could use those kinds of factors to help you in terms of ways to manage your BTC stash, which may include selling on the way up.. but we are not talking about those kinds of systems here, except maybe in passing..