Of course I have a goal to invest, but of course I target it for old age or to pass it on to my children. It was not easy for DCA for about 1 year, but because of the knowledge gained from this forum, I was finally able to understand a little about BTC and DCA investment, but now I feel very happy to be strong enough to now hold BTC.
We won't know in the future whether Altcoins will always be in demand or not, but of course if your choice is to choose BTC over Altcoins, of course that's a good step because of course BTC has the brightest future.
Altcoins will always be there to rotate the dominance of BTC on the market. Someone has to take the lead for a little while before Bitcoin will again follow the lead and outperform everybody. That's how I think about it.
Bitcoin is superior and will never rotate dominance with shitcoins because it's a decentralized project and solves some problems, unlike altcoins that don't have potentials. Bitcoin has been confirmed and tested as an asset that has the value to increased overtime.
There are a large number of diptwats, and even people who seem smart, who fuck around trading in and out of bitcoin based on their dumb ideas in regards to various manipulated metrics like bitcoin dominance, and so yeah, through bitcoin's history there has been a lot of people trying to sound smart in their descriptions of how their perceptions of how "bitcoin dominance" has changed over the years or during certain "seasons."
A decent number of them get r3ckt but they don't necessarily learn lessons from their getting r3ckt or their being distracted into lame talking points (and/or fake or meaningless metrics).
Trust me, I can relate 100% to what you’re saying! Of course, there are many ignorant people out there willing to trade in and out of Bitcoin based on silly indicators such as dominance and I’ve seen so many of them around. And it’s cracking my bones that some pull off and pose themselves as intelligent, as if they are offering deep and broad opinion while in reality they are nothing but mere verbosity.
And you’re right, many of them get burnt but they never for once learn from that experience neither do they even get wiser for it. They just keep on repeating the same cliched dialogues and fake statistics, as if they are trying to convince themselves more than anyone else. It is like, bro, if you want to trade the market, do it right with a proper plan and strategy, and don’t get lost in all the buzz!