There are so many shitcoins that are built with no solid use case, and it is difficult to determine the shitcoins that will do well because they only depend on hype to grow in price
Is any shitcoin even built on any solid use case? I don’t really think so, most shitcoins are just based on hype, whenever there is hype, it pumps, and if the hype dies down, it’s dump, and after dump, some of them might not even rise again after dumping. So the best thing is to just invest in bitcoin and have peace of mind.
Just say no to getting involved in shitcoins, and if you cannot resist getting involved in shitcoins, trading and/or gambling, then at least limit the amount that you put into such endeavors to less than 10% of the size of your bitcoin holdings, and don't cheat by continuing to withdraw from your bitcoin holdings after you have taken the 10%, yet if you are ongoingly buying BTC and shitcoins it would still be acceptable to have up to a 10% allocation into shitcoins and/or trading, so that you would have 90% into bitcoin and 10% into shitcoins and/or trading (aka gambling).
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This is basically to those newbies or investors feeling that diversification to other shitcoins simply because of the hype that backs up the project. Shitcoin investments are literally one of the most dangerous and risky was to gamble your money, but for those who may not be able to resist the temptation and hype and due to FOMO wishes to give it a try, it’s important to play safe while at it, so you don’t jeopardize and endanger your Portfolio, so sticking to Bitcoin and limiting your involvement in these shitty projects is basically the best way to keep your Bitcoin portfolio safe from crashing.
Shitcoins mostly survive on hype, and if this hype is take away, you’ll see that there isn’t the tiniest bit of substance in them, just promises surrounded by hypes, and it’s pretty easy fr anyone to get caught up in this hype that surrounds this projects or even some potential trading opportunities (which are just as dangerous as shitcoins investment) and everyone’s just talking about the next big thing that’s gonna hit the market and before you know it, FOMO begins to hit everyone and if one fails to apply caution in their approach he’ll end up thinking he’s missing the boat and end up making some crazy decisions. In this kind of situation, one’s approach towards the situation matters a lot, it’s always essential to keep it real and avoid following the hypes and invest responsibly.
I’ve seen and heard of so many horrible cautionary tales of people who put their life’s worth in some shady projects that promises the whole world to their investors and we all know how such a scenario ends. I’ve also seen a lot people being totally burned by investing in shitcoins and that’s why I always tell people to avoid them as much as they can, but just as you’ve said, for those who are unable to completely stay clear, it’s advisable to allocate just 10% of your Portfolio or even less, so when you get burned out, you wouldn’t feel the impact of the losses.