Couldn't agree more. What you said about trading shitcoins is total truth. The risk involved is too great a risk that the success rate in it is a mirage. It should be basic knowledge that investing in shitcoin is considered gambling. As for Bitcoin where HODLing is the best move to make, in shitcoin, it's the reverse where holding on to them is foolishness as you have to sell your coins as soon as possible to avoid losses, but nobody should get me wrong, people make their 'profit' and all that, but then look at the Bitcoin side. Can you honestly call that profit?
Before I got into the digital asset space, my uncle was going on and on about having this shitcoin and all that. Trading was his thing and he was in more valleys than peaks, and HODLing didn't make any sense to him. Well in Bitcoin, HODLing is how to do it.
I can see you're now getting the gist , at first try and arrange your post quoting properly, that why I told that most people use shit Coin for short term profit during trading cause of the risk, yeah there people who are making from trading and all that but before getting to that stage , you don't want to imagine the Shit you going to pass through, and it take alot of practicing and skills to get there. But in investing you just need basic knowledge and you good to go with your accumulation. Like when I was still into trading due to the losses I didn't have the guts to recommend trading To my friends but I can gladly recommend them into holding of bitcoin and doing so, I don't have to stress my self to say too much , bitcoin growth as already made it obvious on how amazing bitcoin is . So if you still insist in trading I would advice you to trade wisely and as trading try accumulating more bitcoin ( for holding not trading) and don't let your trading affect your bitcoin accummulation.
Sure you are right because you can't in anyway compare bitcoin to any of these shitcoins most of this shitcoins always ends up been a scam because I have witnessed one though I'm not a victim but in the crypto market; is a place where people come with hopes of finding wealth beyond their dreams.............................................
There is no better example of this than the hype surrounding meme tokens. Everyone loves having a chance to become wealthy with little to no investment. That is why the lottery is so successful. In recent years we have seen countless meme coins go from being worth next to nothing to having a substantial market cap.
Projects such as , Shiba Inu, Floki, Baby Doge, IRON 🧇 and the list goes on. No matter how much we would like to deny it, the truth is that these were the no better performers during the last cycle by all of this shitcoins...................................
The two factors that brought the most amount of attention to crypo from the mainstream were meme coins and NFTs.
again bitcoin has come to be stand firm all this years making it way out from all this shitcoins you will buy waiting for miracle to happen one day for you to earn much from them my dear comrade I will advise us not venture our money in any of this shitcoins roaming everyday in the crypto market or depending on any of them