Imagine owning a really bad performing Shit Coin that is based on the Blockchain of a Cryptocurrency that tries to do better than Bitcoin but never can. It is like owning supreme Shit Coins at that point. You can not do worse.
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I have challenged shxxtcoiners in the past to prove that they can outperform BTC. They all claim they can. But very few actually do in the long run.
And even if they do out perform Bitcoin. You have to be incredibly lucky to pick the right Coin at the right time and invest a decent amount of Money in it so that you make significant Profit. But most of these out performers still make little actual Money to their holders. It is exactly like picking a lottery ticket. As close to Gambling as it can get.
Well alot of these alt traders really have deluded themselves into thinking they can outperform BTC. It just like day traders who delude themselves into thinking they can reliably make money day trading stocks or FX. They can't. But some just take longer than others to realize it.