Quote from: Btcdeybodi on Today at 05:57:08 PM

Quote from: Wind_FURY on Today at 08:19:19 AM

Newbies, HODLing your wealth in an altcoin/shitcoin simply is NOT worth that RISK.

Good advice to newbies because most of them feels that there are shitcoins that are more volatile than bitcoins and tends to invest on them for short term gains but it will be stupid for a newbie to take because of short terms gains and risks their money on some fucking worthless shitcoins that can dump drastically within the shortest period of time and they lose their money. Often times, newbies are advised not to invest in shitcoins but some of them pay deaf ears and after they must have learnt their lessons, they come about seeking for the best investment advice. Newbies should learn to say NO to shitcoins and embrace long term HODLing in bitcoins.

That is ignorant and some people choose to experience it before they will learn, not knowing that some times experience is not the best teacher because it may or it can lead someone to where they least expected that is a critical state. However, even if it is true that shitcoin is more volatile than Bitcoin, that should be the more reason why they shouldn't even go into it because you can predict or speculate exactly what will be the next movement and direction of the..., and I have come to realize that most times what drag some people into this trading is greed, they will first of all visualize how the market is going to move and how much profit they are going to make not knowing that it doesn't work that way. Lastly, they shouldn't just embrace the long term holding rather they should also endeavor to do and keep all that is required before success can be achieve or obtain.