Problem with other investor is they entertain other things like those hype shitcoins in the market and think about they can hit a jackpot for some of those meme coins they are investing. We see a lot of situation like this on meme coin scene and latest is with that meme coin introduce by Trump. They didn't expect those huge drop and lots of people buy due to that FOMO then lose a lot of money with that situation. If people would continue to act like that for sure nothing will happen to them and might they would quiet spending time on crypto scene since everything there is unsustainable.
But if they just focus on their portfolio and target to gain also accumulate more Bitcoin provably that they would find more better future with this then provably they can last long because Bitcoin brought up some good opportunities to people who believes and holds it. People should take advantage on situations happened on Bitcoin and make sure that they have good source of income to make sure that everything is sustainable for them.
Because t
In as much as how risky those coins can be still there are those that are still getting involve but however, it has not really gotten to where you can be calling them such names perhaps it is there money and they can decide on what to do with it, you must know that investment in Bitcoin is not by force, it is basically based on self belief and conviction as well goals and objectives, but yeah, anyone prioritizing any other coins other than Bitcoin are only in the objective of looking out for a quick and get rich scheme and of course Bitcoin is out of such game but only suitable for a long term investment plan which they can not be committed and patient enough. 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.
I respect all people's thoughts. And I did not call anyone stupid. I wanted to say, they give the feeling of living in a fool's paradise. Of course, none of us should force others to invest. Let them do whatever they want with their money. But I want to say that Mimi Coin or any hyped coin only pumps once and that too for a very short time. And most people get greedy after seeing that pump. Greed eats people up bit by bit. If they get hurt once, they think that they will make up for the first loss with the second time. But these ideas make everyone face even greater losses.
We should bring out all those losses from my brothers. It is better to hurt them a little. If someone is a trader, we cannot change his thinking even if we want to. I also tell them to invest full time instead of being one day trader. Secure your future.
First of all you need to know the difference between trading and investment, investment is when you are accumulating Bitcoin and HODL for long while trading is buying now and see out in a short while so advising some one to go into full time trading in other to secure their future is wrong you will definitely put yourself into more pressure while trading because you will consistently be cheeking to know when there is dip or not in other to sell out.
Accumulating Bitcoin and HODL for long will give you mind rest rather than trading, traders actually make profit while trading But the risk involved is much compare to long time holders so it is better to accumulate Bitcoin and HODL for a longer time instead of fucking around trading bitcoin which is meant to be an investment.