Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Minor Miner
on 07/06/2024, 05:19:54 UTC
[edited out]
I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.

This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.

You sound mixed up Briankimp1.  Crypto and bitcoin are not the same... and you are mixing those words as if they were the same thing or something similar.  We are not even talking about shitcoins here... so Fuck shitcoins and dumbass ideas as if they were the same or similar to bitcoin.



Yeah much really better for people to think about that crypto is separate to bitcoin when they call it, since this will just create confusion to a lot of people especially for newbies and it will just benefit those scam coins since they might get dragged on the fame of bitcoin. Then those newbies would might have a bad thinking that those shitcoins would became successful as bitcoin since they would think that this is just the same crypto.

So much really better to stop calling bitcoin as crypto so we can address it properly. To many scams are trying to associate or use the name of bitcoin just to attract newbies that's why we should not confuse people about it and we really need to stop giving wrong impression that those shitcoin is crypto which is similar on what they call on bitcoin since there's huge difference about it.

Even if we completely separate bitcoin from the cryptocurrency ecosystem and bitcoin becomes independent, will that stop people from thinking bitcoin is a scam? The misunderstanding that bitcoin is a scam arose before the altcoin market was created. I remember in 2013 and 2014, the market still did not have many altcoins and only ETH, but instead there were Ponzi projects, HYIPs...using bitcoin as a payment method. And at that time many people called bitcoin a scam and bitcoin's reputation became worse and worse as more and more shitcoins were created.
Obviously, the main cause of this misunderstanding comes from people's ignorance. In my opinion, the only way to completely resolve this misunderstanding is knowledge, we just need to spend time propagating and educating so that people have the right understanding about bitcoin, shitcoin, crypto...that misunderstanding will be completely eliminated. Because as long as scammers continue to use bitcoin for their behavior, misunderstandings will continue to occur. But if people had complete knowledge and awareness about bitcoin then everything would be resolved and no one would call bitcoin a scam.