Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Rabata
on 23/06/2024, 22:33:19 UTC
As a consultant one should never give such advice so that newbies get lured into Shitcoins. Because, whose
Even those with the slightest knowledge of the altcoin market know that the value of Shitcoin is not stable. Its value may drop to a low level at any time and may not have any presence in the future. It is almost impossible to recover the value of Shitcoin. In this respect, Bitcoin is very prosperous. Even if the value of Bitcoin goes up and down, its value never goes down and the value recovery is very easy to see. So if you advise someone to invest in Shitcoin then you can definitely give him another advice, fill your portfolio with 80%-90% Bitcoin and 10%-20% Shitcoin.
Investing in shitcoins can never be a suitable investment as an alternative to investing in Bitcoin. I think people who are investing in Shitcoins can be confused about investing in Bitcoins for many reasons. Suppose a person invests $100 in bitcoin and holds $20 in shitcoins. For some reason, if he gets more profit from investing in shitcoins, he will try to convert his bitcoins into shitcoins. At some point when the shitcoins become worthless, he will regret moving the investment away from Bitcoin. Shitcoin investing is like a form of gambling where investing can earn you a decent amount if luck is good otherwise there is a high chance of losing. But if held, Bitcoin can turn into an asset in the long run.