Post
Topic
Board Bitcoin Discussion
Re: I've Been Wasting My Time With Bitcoin
by
icalical
on 03/09/2024, 11:11:21 UTC
I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself.

I get what you mean, you are saying that investing altcoin will give more profit, sure in a very special case altcoin can go x10 or even x100 in a short time, but there are thousands of altcoin now, and dozens new altcoins every month, statistically speaking you are more likely to marry a celebrity rather than choosing the right altcoin that give you x10 or even x100 profit. And the alternative when you get a shitcoin you will more likely to lose all of your money when the developer just ran and the coin become worthless.

Just like any other investment, in crypto more profit will have more risk. Bitcoin might give you small profit in a short time but it's far less risky compared to altcoin. And you can start buying bitcoin with very small amount, so you don't need to be rich to buy bitcoin.