Shitcoins has frustrated a lot of people and I ask are people blind to see what is happening because I'm still seeing some people investing in shitcoins the risk in shitcoin investment is too much and should be avoided.
Every person should have negative thoughts about Shitcoin. Many people invest in Shitcoin only to make profit despite knowing its disadvantages. They know there is more to lose than gain in Shitcoin. Temporarily a number of people are lured by the phenomenon of earning from Shitcoin and they get into Shitcoin. Their aim is that they too will earn more money in less time and become rich overnight. I think they are deluded and will realize it after they lose more.
Where is the profit in sheetcoins?
Yet people take more risks and the fear of losing money also creeps in. These are nothing but foolishness. Because Bitcoin is the most brilliant to keep away from, you'll notice the last dumping was at $56,000, from where it touched $64,000 again. So if you buy the dip and hold for a long time you will have more success. But once the shitcoins are dumped, they are not pumped later and investors lose money.
Apart from dumping and not pumping again, there are many risks that are related to investing in shitcoin. Also, one thing investors need to consider is peace of mind. Invest in a place a place where you will have peace of mind and you won’t be thinking of getting scammed because that is what happens to some shitcoin. Some of them disappear after getting some investors and already earned huge amount of money.
The best place to invest in is bitcoin, whether you like it or not. There is no reason or convincing you will tell me that will make me invest in any project apart from bitcoin. Because bitcoin is the best, if you look at where bitcoin is coming from the increase in value and how investors/people are making millions out of bitcoin, you will know that bitcoin is the safest cryptocurrency to invest in.