Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ultrloa
on 14/03/2024, 13:12:58 UTC
I couldn't agree with you, because even in case of shitcoins long term investment you will get more or less profit. Yes ... you can expect incredible profits by investing in bitcoin. Shitcoins can't even come close to that.
yeah you can get some profit or less profit (or non profit or might endup with losses) , try to get my point trading shitcoins is less risky than holding them you should know . Most people trade shitcoins for short-term profit, accumulating and holding shitcoins is a complete waste , why waste those funds while there's is an epic investment like bitcoin. So I will say try and minimise the urge of trading shitcoins ( or gambling with your funds), by focusing more on accumulating bitcoin, to be in the safer side where you can be ease when accumulating and hodl.
Some people are so adamant about this shit coins of a thing. No matter how you advise them to leave shitcoins and turn their investments to bitcoin they won't agree until they run into troubles, by losing their funds. Some of them usually draw this line because they might have seen someone who got lucky with one shitcoins investment after losing several times and finally made small money. so those who are following their footsteps won't ever listen when you are telling them to leave shitcoins and come to bitcoin where there is life and more peace of mind, they won't ever hear. While I attribute some of their actions to ignorance.

That's normal there's someone they trust introduce those shitcoin in wrong way and they make those newbie believe that its more better to invest in this token since they can easily earn money here which we know far from reality. What at least we can do for those guys is to educate them about possible risk they are going and try to make them understand that there's no other coin that have more potential and redirect them to invest on bitcoin if they want a investment for long term. For sure these people will be evasive because they can't digest immediately those information you told to them. But if you are consistent and show some proof for sure their decision will be change and they go for bitcoin for long term purposes.