In my opinion, and although we should encourage people to buy the DIP and HODL Bitcoin, it's actually understandable if plebs with a very small amount of capital decide to gamble in a shitcoin + leverage. But for an investor who has $1,000,000 and insists on trading shitcoins, which are already volatile, and doing that with leverage then he is gambling with his mental insanity.
That's good advice by buying DIP and HODL instead of small capital by playing gambling on shitcoin + leverage is the same as gambling, sometimes I like to wonder about people who have $1,000,000 assets in shitcoin do they do that because they have spare money behind? But what the OP means is that all his money is in shitcoin so gambling madness is true.
Let's pretend he bought Bitcoin with an average price of $65,000 TODAY. Come back to this topic during 2025. I believe the investment would grow, and be worth at least $5,000,000 in fiat value.
That's common sense thinking then we make sense with my own thinking.
But other people with $1,000,000 hope to $10,000,000 in shitcoin hahahaha.
Or buy a shitcoin on 3x leverage and hope for $30,000,000, then burn through the whole seven figure capital. How do people like that recover from such a very large loss? There are those kinds of people, the gamblers who have the stomach to take risks, lose everything, but they stand up, try again, and gain back everything they lost + make outstanding profit.
But could that be you? Could that be me? Perhaps, BUT people like those are absolutely the exception. That's less than 2% out of the 100% who tried.