Obviously, Bitcoin is among cryptocurrencies but the reason why we make Bitcoin of more in this discussion is because it is our most priority and the asset we have in our individual portfolio and all other cryptos come under Bitcoin that is why Bitcoin is taken to be a volatile asset. Our main objective here is focused on buying and hodling no matter the price of Bitcoin that is why the DCA is advisable then if there comes a dip, an investor with high source of income or that have reserved funds can choose to lump sum and still continue the DCA
Bitcoin being a high volatile asset needs time before your investment can boom to a certain height that is why anyone venturing into bitcoin need endurance and patience because it is not just about buying and selling but buying and hodling for the future because a greater fruit awaits your investment there.
Shitcoins probably doesn't have any future that is why we don't include shitcoins in this thread, we are more concerned about a guaranteed asset like Bitcoin and if we look at the growth and adoption of Bitcoin since it was introduced, we can have that feeling of safety and security of our Bitcoins as proud hodlers.
I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.
If you put trust in shitcoins, you will learn the hard way. I have invested in a coin I thought had everything it takes to vomit free money. The use case was superb, team were popular faces with track records ìn the industry, their marketing was perfect and they ended up collecting millions through their ICO. At the end, the project died and my coins became worthless... this is what shitcoins is all about, heartbreaks, anxiety, FOMO and every other thing you need to avoid as an investor.
Bitcoin is the father the originator the one among the rest but this doesn’t mean Bitcoin is the only one, with more incoming innovations in the crypto space we’ve witnessed the rise of other crypto currency’s some which have come to stay like Bitcoin and others which have fallen off,
These experiences only helped us learn how to identify substantial projects that’ll last the test of time line Bitcoin, I’ll say not all coins aside Bitcoin are shitcoins.
If you already know that Bitcoin is father and you have seen how well it has performed as an investment option, why not channel your energy, time and resources on how to buy as much Bitcoin as you can instead of allowing distractions from shitcoins? Bitcoin have all you need and they are safer because no founder will hand you over a bag of worthless coins, you are totally in control of your coins especially when you buy and store in a self custodian wallet and your only job will be to protect your coins and then watch it grow in value as time passes.
I will encourage you to avoid making the same mistake I made, focus on building a Bitcoin portfolio and see how happy you will be 5-10 years from today.
Odohu I will totally agree with you because I have falling a victim as per shiltcoin, altcoin even the so called recent meme coin all failed me, I think Briankimp1 may not really understand until he became a victim just like me , but if I may advice it's of waste if time and energy waiting to a Fall victim before taking the required caution of channeling all effort towards BTC rather that any other such shiltcoin or altcoin as the case may. Just like he said that BTC is the father analyzing it critically don't you think leaving a father to do business with it's child can be a waste effort as such business may not stand, allot has happened and still happening in the crypto space along as altcoin, shiltcoin is concerned no matter how the team or road map may be they have failed many and can't stand for now the best one focus on BTC the better chance of achieving one success in the crypto space.
The fear if many is the high rise if BTC as they can't acomoulate as many with small amount use in buy the shiltcoin and altcoin but it will be a waste to invest on something that unpredictable and not profiting. BTC has come up with best strategy to accommodate everyone no matter how your level is through the DCA method or strategy one must not invest big but gradual process and continuous and with the aid if long time holding your assured meeting your goal at the end for me DCA has solved many problem that one don't need to mention altcoin or any other as alternative to invest on when the DCA is already for everyone.