Shitcoins are just like that, they make people greedy for money at the beginning and they can double or multiply the dollar in an instant. But those who invest in this greed later, their hundreds of dollars become zero in an instant, as evidenced by those who like shitcoins.
However, there is no record of anyone losing money in Bitcoin, only long-term investment has given them more success. Trump Coin has halved the capital of many people in an instant, so only Bitcoin investment is the best, but long-term investment is the only one that provides the most success.
Are you sure of what you are saying?
Am talking about the bold letters in your statement, what about those that were forced to sell at a loss due to the fact they have no emergency funds in place when a serious financial needs arises?
Or those people that sold their Bitcoin bit by bit at a loss due to bad financial planing?
The statement you mentioned is correct but I have already read many posts in this thread and many times it is also said that those who invest in Bitcoin should have disposable income and emergency fund in the initial stage. For example, if someone has an income of $300 a month, he can keep half of that amount for his family, and the other half for investing and some for building his emergency fund. If your plan is correct, that is, if your financial plan is correct, why do you sell bitcoin by bit the damage. You need to invest through Bitcoin without investing emotionally, investing through the right plan at times, investment is successful.