Quote from: Nheer on July 24, 2024, 11:28:16 AM

Quote from: Barikui1 on July 24, 2024, 07:51:53 AM

My country people good morning inside this morning, today e get thing wey I wan talk about wey we they always do wey no good for us, wey at the very end, we go start to feel regret due to say we encounter serious losses.

I wan ask, if no be misinformation, uninformation or greed, wetin one make an investor wether newbies or veterans to invest heavily on alt or shit coin? When Bitcoin still dey in the market?

It probably misinformation or ignorance or even negligence of the risk involved that get them to such kind of losses. Normally everybody know say na alt coins de more profitable pass but the risk wey de involve suppose make person reason am well before just investing but most people go just ignore all those things and just be fixated on the profit they can make from it ignoring the fact that the risk is higher.

I also do feel for those people but i came to understand that they will learn better from their mistakes and experience, after losing money couple of times e go help reset their brain and understand say alt coins no be the way and dem go understand say their volatility de very higher and most of the times when new projects lose value they find it very difficult to recover na why alot of people still believe Bitcoin and na why bitcoin be the best investment of all coins.

You have made good points, but how funny it is for people to only learn things the hard way indeed experience they said is the best teacher but it could have been better that most times we learn from other people mistakes but yeah most people are not rightly informed while some are and failing, refused to see the true light which is Bitcoin, it always advisable not to do more 10 percent size of our Bitcoin holding in to other coins, that is if we can not control the urge of getting involved with other coins other than prioritizing Bitcoin as the best.