Post
Topic
Board Beginners & Help
Re: My deep regret and pain in crypto.
by
Alpha Marine
on 10/06/2024, 08:48:29 UTC
he said the only coin he now invest into is Bitcoin then I asked him since Bitcoin has grown this big will it still grow he said yes and that accumulating it little by little would be the best and before I know it I would have accumulated as many as I can.
One miscommunication people have about Bitcoin is that "it's too late for them to invest in Bitcoin". They feel they've missed out on the opportunity to make millions out of Bitcoin so there's no need, instead they just look for a shit coin that can go x2000 in months and make them millionaires.
The earliest investors of Bitcoin indeed made the most profit, but it's never too late to start investing in Bitcoin. Bitcoin is speculated to get $100k or more by next year, buying it now might give you an over 30% profit. That's actually how an investment should be.

Except for somebody who really knows what he's doing, I can advise anybody to invest in shitoins. Most of them remain shitcoins. You were new and inexperienced, what you were doing is more of a gamble than investing and that is what a big part of shitcoin investing is, knowing that you're not alone. A lot of people started like that.
Don't regret it too much, it's good you learnt from your mistake, a mistake the majority of us made.