Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
EarnOnVictor
on 05/06/2024, 09:01:40 UTC
And one thing that I experienced when I tried holding one trash coin that I tried to catch up some its gains months back was that I wasn't having this peace of mind, Because right inside me, I know there's no guaranteed future, even though that the coin looked promising and later performed well but I wasn't still having that peace of mind I have holding my portfolios in Bitcoin, and obviously I can tell from this experience that holding those trash (shitcoins) is just gambling your funds.

This is your choice, my friend, if Bitcoin is the only one that gives you peace of mind and you fully know within yourself that a coin is truly a "Shit"coin, why then still invest your money in it if you are sincere with yourself? Like me, I make sure that I go for the best choice that will give me the rest of my mind, so I will never term them shitcoins because I have never regretted investing in them, they are just altcoins which is best described by the alternative to Bitcoin, so they are not automatically worthless like many would want people to believe in favour of Bitcoin. But when it is becoming a shitcoin, I wonder why on earth anyone would want to invest their money in such a coin that will "shit" them indeed...lol Or perhaps you are trying to make it look like that, and if you do not mind, I like to know this coin you called a shitcoin.

However, if it is not worth it really, why not just avoid it next time and go for only coins that will give you the rest of mind and add positively to your crypto portfolio? I diversify my portfolio just for you to know that I am not investing in Bitcoin alone, and especially at the high price of Bitcoin, it is a disadvantage for me no matter what anybody says to me. As an investor of over a decade before Bitcoin, I will not be sentimental as though it is the only one that will give me the rest of mind in the crypto industry, no, I can only say that it is the most reliable in the industry. It is worth knowing that I have my sizeable amount of Bitcoin as well and I will continue to play smart between Bitcoin and altcoins depending on my feelings and speculations, and not what the internet or anyone wants me to believe.

Whether you diversified your portfolio or not, it doesn't change the fact that there are shitcoins out there and you never can tell which one can disappoint. However, don't know what you understand by shitcoins, but when I said shitcoins, I meant those coins which have no value attached to it or have a utility case but due to the hypes around those coins and the community they've gathered they were able to gain attention, take you for instance, there's a particular meme coin right now called Notcoin which has gained popularity recently in the crypto space.

It doesn't mean if I hold Bitcoin I don't try something else, but rather expressing my experience the times when I held some of those shitcoin which I don't have holding my Bitcoin,  because for BTC  even though that the price drops, historically there is a hope that one day it will come back to you unlike when you hold any of the meme coins, and it dumps on you.
I understand you very well and I under the meaning of shitcoins even more, but the reason why you know that a coin is a shitcoin, and judging by your damning definition about it, you still went ahead to invest in it and continues to label it a shitcoin, that's what baffled me to say the truth. Frankly, your condemnation of shitcoin here is enough for me to believe that you will never go near it and if at all you would want to invest in anything apart from Bitcoin, you could have resorted to other altcoins with good projects, prospects and value instead of tshitcoin. I hope you get the gist now and it's not a big deal at all.

Besides, I can see your high confidence in Bitcoin, I wish I have the same confidence as many in this forumm but my vast experience in the financial markets will not let me. All I can say is that you should be very careful and not be too trusting, and don't ever be a blind follower of any asset or what anyone preaches to you. I have high hopes for Bitcoin too but it has limits, and above all, I will let the prevailing reality and my market chart lead the way.