Defiantly, invest in altcoins refers to gambling. It should not be thought of as a pump and dump scheme. Altcoins may scammers' projects and there is no reason to risk investing money consciously. Bitcoin is different from all other coins. No investor will be disappointed if he makes a long term investment. Since the discovery of Bitcoin, all Bitcoin investors have benefited if they held their investments. But what about those who invested in altcoins during the last bull run? Which altcoin has surpassed the previous high price? Here is the main difference. So investors need to gain awareness. It is his responsibility to secure their investment by investing in Bitcoin.

One  major thing most investors has  fail to understand is that, greed is never a good thing,  especially in this crypto industry,  almost all  veterans investors knows that when it comes to digital currencies, Bitcoin is second to none, but due to greedy of making 10x to 100x, they will still go ahead and invest in shit coin without taking into consideration the risk attached to it, they gambles with their hard earned money, even when they know how risky it is, some of them don't even know that investing in shit coin or alt are just like gambling, which the possibilities of them losing their hard earned money, is far greater than the possibilities of them making something out of it.

Secondly, most newbies investors that falls for this, are mostly misinformed, they were mostly told the juicy part of it, which is the 10x to 100x, but they weren't told how risky it is to invest in shit coin, until that greedy aspect of most investors are corrected, I Believe that the only way they can learn is on their own terms, which is learning it the hard way, when they have lost all their funds.

Going by those person's analogy just as you've juxtaposed, my question to them is, what is the sustainability of those altcoins they claim to have diverted their funds into, because instead of separating your funds into coins you're not sure of the project durability, why not just fuse your funs into Bitcoin that you know you have 99% of its return in investment in a long run.

Taking risk is not a Juicy choice you would want to take without carefully calculating the factors that will guarantee your success on the risk that is taken. Even on the short term investment plans they normally use as excuse to invest in altcoins, we've seen a lot of times that those altcoins don't yield into anything even on short term basis.

I have been confronted by few people who still claims investing in Bitcoin is a total waste of resources, not because they think about funds getting lost, stolen or total price drop but only for them comparing on how much the would have made if the funds could be diverted into separate Altcoins. Many claims even with the risk factor in these Altcoins that having them in different cryptos would guarantee their chances of getting that huge ptofits, with the motives of if one should fail then as many they could put there funds into will serve as a backup.

My whole point is that most persons are currently too in a haste to make as much profits within a limited time, which has dragged more of their attentions into Altcoins that is applicable to cause more harm than good and I feel they should be left with whatever they feel is right till the results is out.

why learn complicated things if there are already simple things to learn about the investment you are going to run, it is better to choose a low risk instead of choosing a high risk which will make the investment you are running not run well and the risk of loss is much greater. tall. As a beginner, you should choose crypto that has really been proven over the years, Bitcoin is the best choice for long-term investment, Bitcoin has been proven to provide profits, although both have risks, the resulting risk level tends to be lower than other cryptocurrencies. what else is new crypto.

Learning to invest in Bitcoin for beginners is fairly easy, just apply the DCA strategy weekly or monthly to carry out your targeted Bitcoin accumulation for the long term. Don't be influenced by market prices, focus and be consistent on your goals, and most importantly we must be patient in carrying out our investments. because the target is long term for maximum profit targets.

Much better for them to erase any thoughts of investing on new coins since they are just wasting their time,effort and money there.

Would be more ideal for those people is to spend time learning about bitcoin investment like hodling since more realistic gains provably would came up to them. Spend their time on discussions which could able to help them to learn about other useful matters also they could able to learn about strategies which they could able to use to make their accumulation became more better. Actually earning for long term is actually not easy knowing market  conditions could give stress to some investors. But if they are consistent following good discussions and try to execute well their strategy learned then provably that they can generate good profits for their hodling decisions with bitcoin.

you know most people believe that through this space they can easily get rich quick, which normally triggered their greed which eventually affect the way they think , that is most people still continue to risk their money in various shitcoins. when i was new to this space i also have such crazy mindset thinking that i can easily get rich quick through this space. and that mindset did not do me any good instead i endup losing countless time because at them i was literally focusing on random shitcoins, and it left a scar.

but now i have learned alot of things in this space and one of those lesson is that this is not aplace on can get rich quick, one need to his time to understand how things work, like for instance investing in bitcoin is one of the life changing thing have done in this space, and anytime i look how far have gone it always  put a big smile on my face, though i still have long way to go in my accumulation. but i believe as time goes on with consistency i will surely hit my accumulation goal (my fuck off status).

I don't know why some people still see altcoin as a must investment, although individuals with their decisions but if am to advise, as far as Bitcoin is still in existence, going for altcoin investment is not a good idea, altcoins are not reliable, there are many projects littered everywhere and the developer's looking for whom to defraud.
I somuch agree with you that investing in altcoin seems to be like gambling because your money can vanish without trace, sometimes I feel that greed and the mindset of making quick money is the main reason why people chose to invest in altcoin and this idea has caused discouragement among investors based on their experience and also make  some people to start their investment plans afresh because of loss of funds, I wish people will just concentrate on Bitcoin to continue building their portfolio.
In the knowledge aspect, what every investor need is the basic knowledge of Bitcoin investment to enable the investor  know the things to do in terms the best wallet for holding, other concepts of the investment can be learned in the system.

Newbies should be careful especially with new coins. I think everyone new or old should avoid this Altcoin gamble. Because, even though the new Altcoins are often highly profitable, they are very risky to invest in both long-term and short-term. Sometimes Altcoin investing will burn you out. From this point of view, Bitcoin can be said to be very trustworthy. Bitcoin is the leading crypto asset. It has been rewarding people's trust for many years. It is very easy to profit from long-term investment from Bitcoin. If one is tempted to invest in other cryptos outside of Bitcoin, one should do so at one's own risk, no one in this sector will give you positive advice.

If a person is attracted to altcoins when they want to learn about Bitcoin, I would say they are going in the wrong direction from the start. If you want to focus on Bitcoin, what other coins are there? I don't think there is anything to learn from altcoins. We can consider altcoins as gambling tokens. Although some tokens may give good profit but they have no reliability in long term. Even being a top altcoin can turn into a scam in the long run as there are many examples in the crypto space. While there are various alternatives to altcoins in the crypto market, there is no alternative to Bitcoin. While no guarantee can be given to an investor in the short term, Bitcoin can guarantee guaranteed profits in the long term. Investors who are aware of their investments should definitely plan their plans with Bitcoin.

When you really want to focus on bitcoin why should you bother learning altcoins as a first step because in the end it will be different in terms of goals. Although they are in the same scope but that does not mean everything can be equalized buddy because bitcoin and altcoin are different so why learn altcoin if the goal is bitcoin because it will not connect and will actually add to your work because you have to learn bitcoin again from scratch.

Just focus on bitcoin if you are interested in being in it because after all this is not a trial and error event especially if you try it in altcoins which are actually much more risky than bitcoin. So with that you can better know your goals in bitcoin because it will be very lame if you study altcoins but invest in bitcoin, like you study math but you take exams in the arts.

Even with the idea of learning first as you wrote it’s advisable you don’t take forever learning and end up not buying, the price of bitcoin is unpredictable so personally I view bitcoin price as a chance or probably an opportunity to buy and hold, learning about bitcoin and investing can be done at same time. Secondly if referring to altcoins I will advice you avoid altcoins and from my view all altcoins fall into the category of shitcoins and you might end up not making any profit with the pump and dumb scheme, bitcoin is totally different and safe for investing for both newbies or experienced investors.

This thread is only for bitcoin and not shitcoins because I don't classify shitcoins as investment since most of them are being hyped in other to decieve people that it is to invest in them and they will be rug pulled. They are all duplicate of bitcoin and are controlled by bitcoin price movement to show you how inferior they are. You don't need to bother yourself to research on them but just ignore them so that you don't get distracted.

Stay focus only on bitcoin amd how to grow and increase your bitcoin stash by investing with a certain amount every week or month without missing it, and if can do that for a very long time like 4-10 years, your mind will be at rest with what you have accumulated because bitcoin has come to stay and that is why you see institutions and ETFs investing in bitcoin even El Salvador has their reserve currency in bitcoin.

Altcoins will disappear into thin air as time passes by and one funny thing with them is that you can wake up one money and your portfolio has gone to zero. Invest wisely and start crying later when you run at loss for thinking because only bitcoin has the potential to be called an investment.

I agree with you, shitcoins are not good and is not advised for someone to invest in them, shitcoins are created by people who wants to make profit by other people's investment, and I will advise we don't discuss shitcoins in this thread anyone supporting shitcoins and advising anyone to invest in them is trying to promote scam and people's downfall, I see shitcoins as a Ponzi scheme which have destroyed a lot of people by it's scam.
The reason why I'm saying all these is because I have seen a lot of people shitcoins has destroyed and put into depression and I have come to the notice through my research that people that are creating shitcoins are using it to make money for themselves and a lot of them has gotten rich through it.

There was one shitcoin created by one music star which a lot of people especially his fan invested into and the coin started growing, what the creator did was to sell all his accumulated share and made million of dollars, why those that invested on it lost there money reasoning being that when the creator with the highest number of share withdrawed all his shared at once the coin dropped in value and later lost value.
A lot of people fall victim to all this shitcoins because they believe they will make quick money and that Bitcoin is slow in it's growth, however like they say patience is a virtue, there's no need risking your money in shitcoins, Bitcoin is still growing and will keep growing because it has not reached half of it's growth level so investing in Bitcoin is the best investment in crypto because it gives you peace of mind no fear of you losing your money, all you need is patience in other to succeed and grow in Bitcoin.

It seems to me that you don't understand the meaning of what you are saying. How can you be asking from expirenced crypto holders? Did you really know what experience crypto holders mean? For the benefit of doubt cryto holders from my experience mean expirenced mean shitcoin holders. And that is not what we are talking about here. When making preference you should consider a potential coin like bitcoin instead of contradicting the whole situation.

Altcoin is not necessary at this point in time. Bitcoin should be what we should be thinking of right now because it's the future of blockchain technology. Any other coin aside bitcoin is prone to distraction to me, I don't know of you. But if I where you I will pay much attention and stay away from those fucking shitcoin or altcoins whatsoever, because they are misleading and distraction to bitcoin. It is better you know your way around now before it's too late. Because if you doubt what am saying and you invest your fund in shitcoin, you will come back crying of lossing your precious fund to shit scam projects.

By mentioning altcoins as an option in this thread for any investor it makes one thing clear that you are not following with all the knowledge that have been shared. Altcoins are a waste of time and funds risking whether for short or long term holding because it's all shitcoins or rug pull projects that are out there in the market. And I wouldn't advise newbies to go near any altcoins as they plan to invest into crypto . Bitcoin remains the only best and safe coin to invest in and raise a good portfolio especially if you plan on DCAing.

Only bitcoin is worth investing in because as long as you are investing constantly with DCA weekly or monthly and hodli for a very long time, you will not run at loss or will your portfolio depreciate overtime. Altcoins are shitcoins and don't worth investing in because you will end up at big loss since majority of their dev only created them to scam people of their hard earned money through pump and dump.

Why would you go and invest in a project that you need to start making a lot of research that you will end up not getting any valid information on how to go about it. Shitcoin is a centralized coin and at anytime it can be manipulated and they don't have history. Bitcoin is king because of its decentralized nature, only invest in bitcoin with ease and rest of mind by only buying bitcoin with part of your discretionary income that will not affect t your monthly expenses for a very long time so that you can build a d grow your investment portfolio overtime. If you invest in shitcoins for long, you will end up in regrets because they are not for long term profits.

It is better that you invest than gambling because bitcoin investment will save you in the future and multiply your funds but shitcoins will only give you false hope and frustration. Bitcoin is unique and the

Bro I really don't understand what you mean by doing research before investing into alt coin, so that you would not invest in shit coin, so I want to ask you a question, is alt coin even an option? When their is Bitcoin? You really needs to understand that investing your hard earned money on alt coin is like gambling just as shit coin, so stop making it looks as if alt coin is an option or even better, in my own perspective Bitcoin is the only reliable digital asset to invest in, in this crypto space, so it's better you don't even give in to the thought of investing in alt coin.

Concerning doing research, yes it's quite good, but you don't need much knowledge of Bitcoin for you to start your Bitcoin accumulating journey, you can start accumulating it through the DCA accumulating strategy once you know how to go about it, then later seek more knowledge about Bitcoin later on while still accumulating, because knowledge is very much important in life, not just in this crypto space.