Quote from: Charles-Tim on December 03, 2024, 11:12:03 PM

Quote from: pooya87 on December 02, 2024, 04:15:32 PM

1. Bitcoin will always go up
2. Some people will always think some centralized shitcoin is going to replace bitcoin

The reason I do not like most altcoins is because they will give huge ROI during bull season but all can be taken if the profit is not sold during the bull season as the price of the coins will fall back during the bear season. If I see ripple back in $0.5 again in 2026, I will not be surprised.

Also a coin with a marketcap of almost 10 times more than ripple marketcap is not comparable.

That's why the term "bag holder" exists. Many people, specially the newcomers, end up buying shitcoins while they are pumping without an exit strategy. After the pumping ends, the advertisement begins. We see lots of topics telling newbies to "be patient". For example 2018 is filled with such topics encouraging people to "be patient and bag hold" while the shitcoins continued dumping.