Quote from: Barikui1 on Today at 09:45:35 AM

Quote from: SuperBitMan on August 10, 2024, 11:14:16 PM

Quote from: I_Anime on August 10, 2024, 08:38:53 PM

Quote from: Woodie on August 10, 2024, 06:17:33 PM

The fact that am always reading about missed opportunities to invest in Bitcoin or crypto in general, I think the best advice will always be a Buy Buy Buy (crypto blind follower Tongue

)!!!
And already price had in the last couple of weeks experienced a bloodbath and crypto enthusiasts expected price to continue on this path...and if you were that kind of investor that went the DCA it would given you some short time profits in no time proving the "buy buy buy" strategy works as I see it to be some kind of hedging!!!

Sorry to say you are literally going of with the crypto in general . Because in this thread we are talking mainly about bitcoin , So using the term crypto may sound misleading especially to newbies here . And most of us here are familiar with the up and down trend that normally place in market , so yeah there is no guarantees that the price will continue to go up .

Yeah shitcoins should not be mention in this thread at all, shitcoins has emotionally broken some people and has lift them depressed, I know what shitcoins has done to people some people lost there life savings to the hands of shitcoins, and is so painful when I see some people supporting shitcoins and encouraging people to invest in them, anyone encouraging shitcoins is a scammer, a know a lot of shitcoins that were created by scammers and they scammed a lot of people through it.

The reason why some people are investing in shitcoins instead of Bitcoin is wrong information that has been passed to them about Bitcoin.
There's just one thing that can help correct all this misconceptions about Bitcoin which is going through the history of Bitcoin it's development and growth.
Going through this will help change a lot of negative narrative about Bitcoin and so is advised to encourage everyone especially newbies to go through the history of Bitcoin very well.

I think in my own perspective, if not because of greed, uninformation or misinformation, I see no reason why someone with his right sense will invest in shit coin, because shit coin have that tendency of falling more than it rise, and as such you are bound to more losses anytime their is a dip in the market, that's why i feel very bad for those experience investors, that have the required knowledge but they still let greed to have a major impact in their sense of reasoning.

Then as for the misinformed or uninformed investors, actually I wouldn't blame them them that much because they were just ignorant, but they actually need to seek knowledge, because they wouldn't be able to survive easily if they remain ignorant as they are now.

For one who wants to invest in cryptocurrency for the future, shitcoin and memecoin are not suppose to be mentioned or thought of because there potential is nothing to compared with Bitcoin. Mind you it doesn't just has the tendency of falling more than it can rise rather the case is vice versa because sometimes they really due rise and that's why we heard people testifying about it but it at times.

The fact that nothing is certain in the cryptocurrency world doesn't mean will should take drastic and careless actions by going to invest in shitcoin. we all know shitcoin has never being something to write home about but i wouldn't blame some people because there are stage one will reach, some loss won't affect them that much and they have the intention of doubling what they have by all means within a short interval of time so I don't see these people as one that lack's information or knowledge perhaps people I see that lack's knowledge or information are those that doesn't have anything and the little they have they went to risk it because they want to turn boss in a twinkling of an eye.