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.
Seat coins may be made to deceive people, because today we noticed a news that Ripol was trying to destroy the Bitcoin Reserve, maybe this effort could be the most failed attempt for them. After reading this news, I have never invested in this coin before, I am not interested in investing in this coin. So I would say forget about investing in seat coins.
The statements you have mentioned are correct, but before investing you must provide disposable income and arrange for an emergency fund. We can use it when we need serious financial financial due to emergency funds. So if a person spends some money to invest from his monthly income, it may be important to keep some money for his emergency fund.