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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 27/07/2024, 17:11:02 UTC
⭐ Merited by Felicity_Tide (1)
It is impossible for you that is not the dev or an insider to know the life span of a coin no matter how long that you will take to make your research which makes it not a good option for one to invest on shitcoins but bitcoin.

This is why new investors should disregard anything about shitcoins

I don't like repeating myself because recently too much of shitcoins discussion which some people claim to know the best shitcoin to invest in when we know that it is very difficult to know the best shitcoins when there is no best and bitcoin is the best for everyone to invest in and reap from the fruit of his labour in future as long as he patiently build his bitcoin stash gradually every week or month with regular buying overtime.
I have carefully read through your opinion and that of the other three users, which I think you all have a point, but it seems to me that you aren't seeing the brighter side of their own explanation.

Firstly, you seem to be laying emphasis on shitcoins, while the other three users talked more about altcoin. But let me point out something very important here: All shitcoins are altcoin, but all altcoins are not shitcoin.

Some of us here, don't seem to understand the difference between shitcoins and altcoin, which has led us to categorizing both as same. Your statement emphasis on shitcoins, sounds as if you are categorizing them as altcoin, which I think it's not true. We have few altcoins, which I think are doing well, even without mentioning their names.

On the other hand, I consider those who buy shitcoins as gamblers and not investors. They usually purchase them at a very cheap amount, but in large quantity, hoping to make heavy profits from it in the future, but it turns out to be a failed project at the end of the day, leaving the gambler with dust.
Quote
Those altcoins that you think are good will not last in the market but bitcoin is here to stay.
And, I guess, the coin with the second largest market cap should have probably crashed a long time ago, isn't it?, Or is it not longer an altcoin?.

Why don't you check charts of some altcoins that experienced a dip along side Bitcoin sometime last here. They've also made some incredible price come back this year, even though we can't compare them to Bitcoin due to it's market cap and price different.

I personally don't encourage the buying of altcoin of any kind, due to their high level of centralization. Bitcoin is an ideal coin for any investor, but that doesn't mean that other coins should be ruled out from profitable assets.

You are speaking nonsense gobbledy gook Felicity_Tide.

When we are in a bitcoin thread and the topic is bitcoin, then for all practical purposes, everything that is not bitcoin is a shitcoin.

Sure you might believe some shitcoins are better than others, but we are in a bitcoin thread, so your attempts to argue about which shitcoins might be less shitty is irrelevant, even if there might be some examples of less shitty shitcoins that you could argue, and so if you are comparing shitcoins where do you stop?  It is a never ending waste of time to try to proclaim some shitcoins are less shitty, and probably you should go to some other thread if you are going to make those kinds of claim.. and join the masses of other folks who are distracted into shitcoins, and yeah maybe there are a few of them who end up being financially successful in their involvement in gambling and fucking around with nonsense that is largely already correlated to bitcoin and just adding more risk in terms of any bitcoin investment that a guy might make.

So for all practical purposes shitcoin and altcoin means the same thing - especially when we are in a bitcoin thread. .. and good luck wasting your time trying to figure out which shitcoins are less shitty, but hopefully you don't need to present those nonsensical attempts to differentiate in this thread or any other bitcoin thread.  Fuck shitcoins means the same as fuck altcoins... anything that is not bitcoin is a shitcoin.  And have fun staying poor if you cannot appreciate such a thing.

[edited out]
Instead of looking forward for more altcoins, why not totally erase the thoughts of trying to invest on it again especially those shittiest among them all like meme coin which is currently a hot topic by some people.

All shitcoins are shitty so why try to proclaim that there are some that are less shitty than others?  Those kinds of ideas that some shitcoins are less shitty remains irrelevant to this thread (and other bitcoin threads), and maybe take any thoughts about some shticoins potentially being less shitty than other shitcoins to another thread..