I advocate that holding bitcoin is the safest way to invest, but I am not saying that it is the way to make the best profits. Just because you like safety with moderate profits doesn't mean everyone likes safety and peace as much as you do. Each person has different investment preferences, strengths and skills. I have been making profits from trading and using those profits to reinvest in many different projects. So why should I stop trading just because you and some other people are not making profits from trading? DO NOT imitate others but also do not impose your thoughts on others.
Why do people who cannot make money from trading start thinking that it is not a good investment method? Just like altcoins, many investors are profiting from altcoins, memes... while bitcoin maximalists go around saying bad things about others. Would doing so help us deliver better returns than those investing in altcoins?
Investing and trading are not even close to being equal, and so trading and getting involved in shitcoins deserves to be bashed, especially since an overwhelming number of normies are going to be way the fuck better off to not get involved in trading, but focusing on building their BTC stash through various forms of buying, whether DCA, lump sum and/or buying on dips.
Anyone who wants to figure out some formulas to trade BTC and/or get involved in trading shitcoins, is going to need to spend a lot of time and potentially money in terms of diluting their ability to invest into bitcoin if they are trying to make money by buying and selling whether it is bitcoin or some shitcoins.
Another problem with trading bitcoin is that historically it has trended up, so there is already a formula in place in which you advantage by merely buying it, so why screw up a good thing by wanting more when there is already a good formula that already exists? Most likely an overwhelming majority of folks are not going to be able to trade more profitably than just buying and holding bitcoin. and sure there could be some exceptions and people can do whatever they like - especially if they might have some special skills that most people do not have.
Look at your own situation @Iranus. Have you been able to beat a fairly strict DCA strategy? You have been involved in this forum since the beginning of 2016, and so if you had invested $100 per week into bitcoin since the beginning of 2016, you would have had invested nearly $42k, and you would have $15.1106 BTC (currently valued at nearly $1.1 million - which would be right around 26x profits). Are you doing better than that? And even if you are? Why do you need to do better than that?
Historically many normal and not sophisticated people could have been just doing their normal job and/or or life activities and invest into bitcoin on a regular basis and gotten a 26x return over the past 8 years.... why fuck around with trading and more likely having worse results. Go on @Iranus tell us if you have beaten those results with your own supposed equally good approach to bitcoin and/or shitcoins.
For sure, past results do not guarantee future results, yet bitcoin remains with a very strong investment thesis, and likely even a stronger investment thesis now versus what it was in 2016... so I see almost no reason or justification for an overwhelming majority of normal people to even come close to getting tempted by the lures of trading and/or getting involved in pump and dump bullshit that is also known as shitcoins.