Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
When you plan to invest in shitcoins, it means you are putting your money in a high-risk zone. The chances of loss are much higher here. Chasing the temptation of quick money is not a difficult path, but rather an easy way to lose your own money. It's a place of temptation where the allure of winning will encourage you to lose money. I would advise you to invest in simpler coins like Bitcoin, instead of learning the hard way. DCA (Dollar Cost Averaging) with long-term investment gives you a high potential for profit with lower risks. However, you need to invest not only your money but also your patience here.
Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess.
In general, investing in shitcoin is the same as piling up money without turnover.
The painful part is that folks are going to wound themselves with memes coin this season, because they wanna get rich quick. Most of these coins have no purpose they have been driven by hype , which won't last for long because the project can get greedy and dump anytime please.
Alot of people will endup being victims of such , because they wanna also flip their little funds into something tangible, because alot of influencers kept showing casing only their wins , making newbies to think that the right way for them to eradicate poverty is by purchasing random memes coins without them knowing the risk in it . Stick with what you understand with is bitcoin ( with this you can position yourself for something beautiful and same time be in a safer side)