Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 14/03/2024, 14:14:22 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.
Well I understand concept, but still is not their fault if you advice them and they still insist to continue, because one may have been into investing in shitcoins for long so it won't take just an advice to convinced that particular individual to see the risk attached to what they are doing, just As @ultrloa said one need to be consistent and show some proof and surely they would have a change of mind (or make some adjustments) , to stop risky their funds in some shitcoins and start accumulating bitcoin for long-term purposes (thanks ultrloa) . While those that still continue will only endup learning in the hard way ( which is from experience) and I would say sorry for your loss after getting yourself reckt.