Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Sim_card
on 25/07/2024, 16:33:45 UTC
⭐ Merited by JayJuanGee (1)
Investing in altcoins can be a relatively bad idea for you as you will see that most of the time the coins fail to hold their value and its developers are very unscrupulous and mostly use social media to carry out their campaigns which can be questionable.
Some people who try keep buying altcoins because they have been successful with investing in one or two altcoins in the past. and they are tempted by the profits that can be obtained. especially for those who are successful with meme tokens. it might make you think that it is better to buy meme tokens than Bitcoin.
clearly that thinking is wrong, because there will be meme tokens that take advantage of the hype momentum in the market to their advantage. and interested investors will become victims. they won't always have luck with altcoins. buy bitcoin to always avoid risks.


And Bitcoin is the right and good choice for beginners because you only buy it at the right time, especially when it is down, or you can do DCA and hold it for the long term. And this is guaranteed to bring you profits if you do it in the long term and be patient.
Bitcoin is not the right choice for beginners only but for everyone because it is an asset that when you invest in and hodli for a long term, you will not regret your actions in future but shitcoins are tools for gambling and that is why I will not support anyone to put his money in something that will fade away into thin air in no time.

There is no right time to buy bitcoin because every time is the right time to buy bitcoin immediately when you have the money since delay is dangerous with bitcoin investment. You don't need to wait for dip the because it is a waste of time and the dip might not come, which makes me not to see buying at the dip as the best time to buy. It is good that new investor who just want to start his