I weep for myself after losing all my capital from trading a shitcoins last week, and this made me very sad and disappointed in shitcoins, because their are more or less a gamble and anytime we have to make a choice on which coin to hold or trade in, we should look away from shitcoins because we only draw closer to loses if we make a choice on them.
Bitcoin remains the most Acura and less volitile asset to either trade or hold for long term, because with Bitcoin, your chances of losing is very low and take a long time for that to possibly happens, but this can not be same with shitcoins coins.
Many cryptocurrency investors have lost a whole lot of money ever since the memecoins craze came on board a d still many are willing to lose more instead of learning from their mistakes and choosing only Bitcoin as against those shitcoins.
Chill out, mate! Even the best and most experienced ones make mistakes at times. The most important thing is that you learn from them and move forward. In the world of Bitcoin, no one is perfect and that is why none has been able to be accurate in predicting the price of Bitcoin now or in the future. The uncertainty of all investors is a general limitation and that should make everyone that we can get lucky in speculating, but don't count on it.
Why beat yourselves when you have acquired the knowledge and tools to start investing in Bitcoin rather than trading? Bitcoin is a rollercoaster. There will be ups and downs. But if you stick to a long-term perspective and focus on just accumulating Bitcoin alone without diversifying for a complete cycle, you'll weather the storm and come out on top. Right now you should be setting a long-term accumulation plan, choosing the best strategy to start investing, and possible means to reduce the risk of your investment. One possible way to do that is to discipline yourself so that you won't get deceivd with the price fluctuation and decide to go back trading.
I saw when that shitcoin DAVIDO was trending in X and I new that a bunch of gullible were about to get burnt. It was not long before the the news turned against those who thought they were making a wise decision by buying the trend and they started counting their losses. Rumors even have it that the found deliberated cheated his fans by dumping on them at the peak of the hype, typical of every shitcoins where founders always leave the gullible with bag of shit after collecting their money.
This is a good reminder that Bitcoin is the reliable asset to invest in for the sake of peace of mind because no one can dump Bitcoin beyond recovery like they do in shitcoins. I'm glad I now know better so I cannot fall for shitcoins anymore as I'm carefully building my Bitcoin portfolio.
It is very wrong how people think that celebrities can make them rich through the shitty coins. And these dumb folks will still ape into these celebrity scams. This is one of the reasons I just stick to Bitcoin. It doesn't need any celebrity to influence the price, it does not need hype at all, it is not regulated by anyone. It is a real gem.