⭐ Merited by JayJuanGee (1)
I don't know about trying to make comparisons with bitcoin versus shitcoins, since it seems that we should get some ideas for what bitcoin is, and then we can better understand that almost every shitcoin is either copying bitcoin or it is not really adding anything of new value.
So how much time do we want to spend trying to study shitcoins or to get involved in them, even though there could be some shitcoins that outperform bitcoin for extended periods of time, yet that still might not be enough of a reason to invest into them without having some kind of in and out strategy to them, yet even longer shitcoin outperformance of bitcoin might end up causing us to have to pay attention to whether it is adding any value or not... .. so it is up to each of us regarding if we are going to let ourselves get distracted into shitcoins..and maybe we are more inclined to get distracted into them if we either are not confidence in what we believe bitcoin to be.
So how much time do we want to spend trying to study shitcoins or to get involved in them, even though there could be some shitcoins that outperform bitcoin for extended periods of time, yet that still might not be enough of a reason to invest into them without having some kind of in and out strategy to them, yet even longer shitcoin outperformance of bitcoin might end up causing us to have to pay attention to whether it is adding any value or not... .. so it is up to each of us regarding if we are going to let ourselves get distracted into shitcoins..and maybe we are more inclined to get distracted into them if we either are not confidence in what we believe bitcoin to be.
In my own opinion, majority of the person who campare Bitcoin to shitcoins are those who have very shallow knowledge about Bitcoin, or they are just being blinded by the temporary return a shitcoin might have given to them. Bitcoin being the reason for the existence of those shitcoins, is enough fact presented to end the comparison. Beside the coins they tend to praise or use in comparing Bitcoin are just temporary trends that would go back to the ground in just some few months or years. But Bitcoin, with all the trust it has acquired even with the critics and fights from government it still stands as the all round best in the crypto network.
Now that the Bitcoin price is moving downward, it is currently at 39k+, and it will surely bounce back in no time.
I just want to let everyone of us here to know that it's another opportunity to buy the dip and hodl, even if the price dips more than this, keep buying (buy more) as it will serve as a discount for you in you act of DCAing. What you would have acquired at $40k with $100 is now cheaper, so you could increase your Bitcoin stash.
I just want to let everyone of us here to know that it's another opportunity to buy the dip and hodl, even if the price dips more than this, keep buying (buy more) as it will serve as a discount for you in you act of DCAing. What you would have acquired at $40k with $100 is now cheaper, so you could increase your Bitcoin stash.
For sure. This should be a problem for anyone who has been using the DCA strategy of accumulating Bitcoin. And it's another golden opportunity for combined DCA and buy the dip. Though we can't tell for sure if the price will depreciate anymore but, the best advise is to work with what you have now. Those using lump sum could also buy more at this price.
I'm not feeling any fear any more all am just doing is accumulating more BTC 
Congrats man, you just got urself one of the characteristics of a mature investor. I know of several persons, that have made their emotions the decision making body of their finance. But I tell you this, they always come back crying, had it been I knew.