Yes you are right, people investing in shitcoins have there reasons why they choose to invest on it, one of the reasons I have mentioned, now about the growth believe is true they believe Bitcoin is slow in growth and some also believe Bitcoin will not grow more than this.
Now the reason they believe feel or reason this way is because they really do not understand what Bitcoin is, they don't have the knowledge about Bitcoin they feel is just like other cryptocurrency, some people even feel those shitcoins they are investing into will one day grow in price more than Bitcoin.
But I will advise before going into shitcoins please ask people that has gone into it and stopped they will be the ones to tell you the real truth about it, ask like 6 people and from there you can make your decision or no that truly shitcoins should be avoided totally.
Well not all altcoins are shitcoins. Some of them has the potential to grow and people are still making profits by investing in them. So I will not say that altcoins are bad. Only the professionals who have deep knowledge about the market and its movement can make profit out of altcoins. Believe me or not, altcoins are all about trends and hype. Once it fades away, it is gone.
As long as it is not bitcoin, it is shitcoin because they are same with gambling and they are not classified as an investment because if you hold them for long, you will be a failure for doing that. This is how those shitcoins dev decieves people that their shitcoin will gradually grow like bitcoin and have a high value just to make you invest in them and in not time you will be rug pulled. You are new to this forum and I will not blame you for what you said above because you are those set of people who think shitcoins can give you quick profit.
As long as it is a centralized coins, it can be manipulated because a back door can be made anytime. Bitcoin is for the future because it will last and that is why it is the best to invest in because it has great potentials to give you profit in the long run and it will save your funds from depreciation because bitcoin is a store of value. A lot of shitcoins have crashed and it is useless to buy them.
You don't need to be a professional to invest or bitcoin or have deep knowledge of the market before you can invest in bitcoin as a newbie, all you need to do is to figure out the right amount that you can use to buy bitcoin consistently and persistently and continuously for you to get started as long as you will hodli for a long time.
Have you considered coins like ethereum, Bitcoin is the best but we can't dispute the fact that ethereum coin are also good and has been for years, let be honest here if given ethereum to hold would you have fear in you.
Fuck off with your attempts to squeeze shitcoin discussions into a bitcoin thread, and in your first post you were ambiguous and vague, while at the same time proclaiming that you were not trying to persuade anyone about whether or not to buy any shitcoins, while at the same time trying to proclaim both that 1) some altcoins are not shitcoins and 2) some shitcoins are less shitty than others, with your attempt to slide that scammy smokescreen project of ethereum as if it were some kind of a better shitcoin because of its supposed market cap that is also built upon a scam in which we cannot even verify the supply, so how are you going to know its actual market cap if you cannot even verify its supply.
I understand your point since those coins are centralized there's every opportunity for it to be tempered with and there by leading to it fall and that is why Bitcoin is the best crypto currency in the world to invest with.
Good you admit that bitcoin is the best, so why not leave it at that, instead of trying to pump sum nonsense and get some folks to agree with you about that piece of crap known as ethereum?
However we can't say any coin that is created and made decentralized is a good option or can we, so I think there's more to a coin being a good option for investment and for me long good credit history is one.
So you want to leverage ethereum becuase it has been around for a while? You are still in a bitcoin thread, so sure you are free to do what you like, but you are still trying to come into a bitcoin thread and pump a shitcoin while supposedly proclaiming that you were not intending to do that. So take your lack of focus shitcoin peddling to some other thread.. there are threads and sections for that, but no, instead you want to lure some bitcoiners into your belief that ethereum isn't so bad.. and it is almost as good as bitcoin.. and it is better than other shitcoins.. and there is a shitcoin ranking system and blah blah blah baloney.
The reason why people are still investing in shitcoins instead of Bitcoin is because they feel shitcoins are more fast in growth than Bitcoin and they have may be seen one or two people that has made money from some shitcoins,
Fuck them and their shitcoins and how they feel about it, for as I know shitcoin doesn't have any potential, all are crab pump and dump that people invest and later regret at last. I wounder why people leave a potential coin like bitcoin and go for shitcoin for the sake of imidiate pump and forget about the dump without rise. Because definately it will rise to leure people in and dump their ass down.
They always go on with the mindset of withdrawal almost immediately when there is a pump and that's it's just the only investment strategy they have. The funny thing is, a lot of them don't even believe in some of the shitcoin project they want to invest in, but Yet they still try to convince themselves about the miracle of impossibility to happen.
Patience they say is a virtue and bitcoin gives you the reward for your patience, most of these shitcoin investors see patients as a waste of time, hence they always fall for the scam in shitcoins in the hope of getting their investment as fast as possible. The sad part is that, people will always refuse to learn.
It is interesting that when Altcoin or Shitcoin that you are referring to is indeed made as an alternative profit that can be obtained because the movement is much more volatile, and in some they want to maximize it for their profits which are much higher and faster.
I don't deny it because I have also done it for profit, maybe you will judge me stupid or whatever about me doing that, but if as far as we get a profit then the results of trading from shitcoin make a big profit and then saved in a safer coin, namely bitcoin, is it wrong, or can't be right?
It most likely is wrong, but who fucking cares? It is off topic, and you are trying to suggest that some shitcoins are less shitty than others based on your ability to either trade with them or gamble with them in order to make more bitcoin. Whether it is true or not about your ability to trade or gamble with shitcoins to make more bitcoin, it is off topic, because this is a bitcoin thread, and neither a shitcoin thread or a which shitcoin is less shitty thread or a what if I fuck around with shitcoins to make more bitcoin thread.
While we don't have any other job that can make more money to save in bitcoin, yes why not use it to get more money to save in bitcoin.
Sure, maybe you are getting closer to talking about bitcoin, but it still seems like a slippery slope in terms of leading us more and more off topic to be trying to suggest that there might be some shitcoins that are less shitty that can help you earn more bitcoin, and in that regard, you are going to want to mention your various systems to figure out which shitcoin is less shitty and where is that going to lead us? Talking about 10s of thousands of various shitcoins rather than sticking to the topic of this thread, namely bitcoin.
There is always polarization in every industry, and I think if the goal is to add or buy more bitcoins from shitcoin trading, it doesn't matter, as long as we understand the risks and are able to take responsibility for it, Bitcoin will only be the last storage and secure our money for a better future.
It is good that you recognize bitcoin as the best of monies or the best place to store value out of various crypto.. but still where are you proposing to take this thread, and you believe that you end up being somewhat on topic since the thread seems to be questioning when to buy or sell bitcoin?.. but then at the same time, you are wanting to suggest putting that value into shitcoins rather than the more obvious topic of the thread which would be dollars or some fiat. and yeah, some folks might argue that dollars and/or various fiats are no better than shitcoins, but it still seems to be another topic to bring various shitcoins in to the mix of the discussion of this thread.
In which ever currency you have chosen to invest your hard earned money on, always make sure that they are worth it, most altcoins are not that bad in as much as most of us are not in support of it because of its unpredicted future, there are still some which is worth our investment, so it’s important that if we are research ful enough to identify those we can invest on them but they are not to be consider to be hold for long time.
Bitcoin and few altcoins are what proven there worth and value which we can now trust them to be a long lasting asset, Bitcoin in particular should be the top among few coins which one can hold for long time, as for shitcoin they should just be consider as a way to buy and take any little profit that it can give in any given time.