Quote from: Awaklara on September 23, 2024, 05:44:57 PM

Quote from: MainIbem on September 23, 2024, 05:27:21 PM

I've asked several friends I know, why they invest on shitcoins when they know that Bitcoin is the most superior Cryptocurrency and shitcoins are pump and dumps and the replies I get is that to they're willing to take the risk and life is full of risk and to make wealth one needs to take risks and then I keep wondering why I'll risk losing my funds to an inferior coin (shitcoins) cause to the quest to make quick money when I could invest on something superior (Bitcoin) and benefit in future. knowing that Bitcoin is superior to other Cryptocurrencies and is the best for investment should make people disregard those shitcoins and what I've come to understand is that some people lack patience they prefer quick money to a good investment with long-term goals and that's why many have failed while on the verge of seeking wealth. I totally agree with you that the best place anyone could invest their money when it comes to Cryptocurrency is Bitcoin and I'll never advise anyone to investment on pump and dumps (Shitcoins) due to the high risk factor involved in it.

I don't think they put a lot of money into shitcoin. That's what they expect. Taking a risk on shitcoin with small money to get a bigger profit. But if your friends dare to put most of their money into shitcoin, I'm sure they are reckless people.
Shitcoin is only for the short term. Not to be held in the long term. The longer you hold shitcoin, the greater the risk of losing it. Unlike Bitcoin which has proven its history. This is just a matter of understanding and principle. Some people may think too hard because of the small capital they have and the inability to hold it in the long term.

Shitcoins should not be considered whether you put small money or not because the risk is too high, instead of one to invest in shitcoins and Bitcoin at same time why not use that money and become aggressive in your Bitcoin accumulation, people knows that as time goes on Bitcoin will grow more bigger in price but lack of patience and the want to make quick money won't allow them to focus in Bitcoin rather they choose something as risky as shitcoin because they believe that is were they can make quick money.
Shitcoins gives.
1. Fear
2. Depression
Because of the high risk involved one can succeed today with a particular shitcoin and lose everything to another shitcoin.