Quote from: Natalim on Today at 08:11:05 AM

Quote from: JayJuanGee on Today at 06:42:01 AM

Quote from: Natalim on September 25, 2024, 02:05:01 AM

The best thing to do is HODL. This strategy is simple, and that misspelled word carries a deeper meaning for crypto enthusiasts.

HODL only works (and applies) to bitcoin.. not to shitcoins. .. so hopefully you are talking about shitcoin and merely just trying to sound smart when you use the term "crypto.".. which in the end makes it seem that you might not know what you are talking about if you either believe HODL applies to shitcoins, or if you believe that you can interchangeably use the term "crypto" within a bitcoin discussion to suggest that bitcoin is the same thing... or more likely the other way around in some kind of implicit suggestion that shitcoins are similar to bitcoin, which they are not.. at least not in the sense of HODL.. which you shouldn't do with shitcoins unless they are a very, very, very small size of your holdings, as compared with your bitcoin stash.

I guess I may have used the wrong word when emphasizing things, but I’m definitely a Bitcoin holder and consider myself a crypto enthusiast because I’m into the overall success of crypto...which is largely driven by Bitcoin. While we favor Bitcoin over other cryptos, we can’t label all altcoins as "shit coins."

Yes.. all altcoins are shitcoins, and they are also off topic in this thread (except to denigrate them) - otherwise we may well devolve into talking about which shitcoin happens to be less shitty, which is a mess...and keeps us away from the topic of the thread, which is complicated enough without having to argue about which shitcoins that various members (including you) consider to be less shitty than other shitcoins.

So the basic definition is that bitcoin is not a shitcoin, yet anything that is not bitcoin and is building its own token is a shitcoin. Hopefully that will help you, even though I get the sense that you want to continue to argue your off-topic diversions.

Nonetheless it is worth reiterating that in terms of the topic of this thread, it is better to just stick with bitcoin, and members would likely appreciate that you do not continue to argue about off-topic nonsense, even if there might be some possibility that you could possibly be correct about some altcoin actually not being a shitcoin.

It also seems that even if you had not meant to use the term "crypto", and you had slipped with the use of such term, you seem to be way too sympathetic to embracing shitcoins, and you may well not even understand the difference between bitcoin and shitcoins, that is why you used such term rather than sticking with the use of the term bitcoin, which happens to be the actual topic of this thread, and then now you are wanting to come back and defend shitcoins seems to be making your little slip-up seem to be intentional rather than accidental and/or innocent...

You should realize that using such term (crypto) in an ambiguous way is a kind of pumping of shitcoins to make them seem as if they are similar to bitcoin, which they are not... an overwhelming majority of shitcoins are either affinity scams on bitcoin or they are drafting off of bitcoin's momentum.

Quote from: Natalim on Today at 08:11:05 AM

I have to admit, without these coins, I wouldn’t be able to trade my Bitcoin or buy more when I decide to hold.

So what? That does not make shitcoins relevant to this thread.

In this thread, we are talking about investing into bitcoin, which largely means accumulating bitcoin through various buying techniques, including that we are not talking about trading here either. Trading involves selling, and there is no selling in the title of this here thread, and yeah sure we might have selling that comes later down the road of our investment into bitcoin, but this thread is not about further down the road but instead is about ways to accumulate bitcoin through ongoing, persistent and consistent buying, if possible,... which presumes more of an investment approach.. not trading or including fucking around with shitcoins. Trading and investing are different, and yeah some guys cannot resist but to trade, so frequently I suggest, at least for the purposes of this thread that guys limit their trading to less than 10% of their bitcoin holdings, yet still that does not make trading as part of this thread.. or anything that we should be attempting to discuss here with anything beyond incidentally mentioning it, perhaps.

Quote from: Natalim on Today at 08:11:05 AM

I’m talking about exchanges like Binance, which is my favorite, and they have their own coin, BNB. We call Bitcoin the king, and I completely agree. But it wouldn’t be called the king without its "people," which are the other crypto coins (not shit coins).

I think that you got these matters mixed up.... likely backwards.

King daddy is not following shitcoins but is leading. So the tail does not wag the dog. The dog wags the tail, and which asset is the dog? Guess? I will give you a hint.. .It's not some shitcoin, and yeah if you want to go pump your various shitcoins, there are plenty of other threads to pump them (or create your own thread about all the various shitcoins that you love and believe to be making bitcoin great).. but yeah, maybe you cannot resist continuing to pump shitcoins (or wanting to defend them) and at the same time you end up pushing off topic matters here? Roll Eyes

Quote from: EarnOnVictor on Today at 08:18:37 AM

Quote from: JayJuanGee on Today at 06:42:01 AM

You probably are the one who does not know the power of persistence in investing rather than fucking around with either trading or trying to be smarter than the market.. which does not frequently play out as well as the investor.

I can't but smile at this juncture, but for clarity, I handle investment and trading separately and I even have separate charts and theories for them. What I preach here is what works for me in the investing world and I look forward to a day that "You and I" will contest live on this where I vary my investment strategies and you use your common and static approach and see the better one.

This is an open challenge if you don't mind. Long Live Bitcoin! Cool

I am not competing with you, yet I did already set forth some DCA scenarios to suggest the the longer that guys had been DCAing the more likely that no trader in similar financial means would have had beaten the DCA investor. Sure there are guys who might have been able to beat DCA, yet DCA has given pretty decently good returns to date, and there is nothing really showing that DCA is no longer going to be good for the portfolio or regular peeps.

I give less than two shits if whatever you have done beats my portfolio, which I have already described it several times as having costs of around $1k per BTC, so why would I need to do better than that? Right now around 64x profits, and in the doldrums of 2022 a mere 16x in profits. Do I need more profits according to you?

Quote from: Salahmu on Today at 08:26:06 AM

Quote from: EarnOnVictor on Today at 08:18:37 AM

Quote from: JayJuanGee on Today at 06:42:01 AM

Quote from: EarnOnVictor on September 25, 2024, 09:59:21 AM

These guys are only following what they read and watch online,

You want them to follow you instead? Then what?

It's not about following me, it's about being smart. They also have the choice to weigh their options, and perhaps try the two for a while to choose the most reasonable one through earning results and portfolio safety rather than blindly believing in buying! buying!! buying!!!.

JayJuanGee is right because obviously since you don't acknowledge the DCA that has been very helpful to everyone you are certainly implying that People should follow your investment pattern instead since you believe that your strategy is better and smarter, actually there is nothing smart in advising someone into using a method that would possibly results them losing everything all because of trying to outsmart the market.

It seems to me that part of EarnOnVictor's problem is that he is spouting out that there is supposedly some better strategy than DCA, but he does not really particularize such strategy in a replicable way including figuring out how to show normies how to follow such a supposed superior strategy in terms of acquiring and/or maintaining their BTC position.

So largely EarnOnVictor seems to be just trolling the thread with bullshit ideas of a supposedly superior strategy, and he does not really describe generally applicable ways how investors are supposed to establish their bitcoin position by using such supposedly superior strategy... Maybe he needs his own thread to describe and promote his supposedly superior BTC accumulation strategy?