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.
I think Shitcoins may be made to deceive people, because today we noticed a news that Ripple was trying to destroy the Bitcoin Reserve, maybe this effort could be the most failed attempt for them. I have never invested in this coin before. After reading this news, I am not interested in investing in this coin. So I would say forget about investing in Shit coins. Choose Bitcoin to invest in instead of Shittcoin, which will be more profitable for all of us.
https://www.talkimg.com/images/2025/01/25/W4P9j.jpegAre 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?
The statements you have mentioned are correct, but before investing you must arrange for an disposable income and arrange for an emergency fund. We can use it when we need serious 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.
You're right about needing money for emergencies. I was talking about how risky some cryptocurrencies are. Those "shitcoins" are often scams, and you can easily lose everything. Bitcoin is different. It's more like gold a store of value. It's still risky, but less than those other coins.You need a safety net money for emergencies before any investment. If you're thinking about Bitcoin, it's better to have a backup fund so you're not forced to sell when things get tough. Even with Bitcoin, there's always a chance of losing money, but it's usually less than those other coins. Just be careful with your investments.
