People are retarded if they are distracted into shitcoins, and this has been a phenomena that has existed through quite a bit of bitcoin's history, even going back to 2014 there were various shitcoins coming onto the scene including Ethereum sparking the proliferation of more and more shitcoins, and now various Ethereum competitors sparking new waves of shitcoins, including shitcoins being built on and pegged to bitcoin through NFTs, ordinals, runes, inscriptions etc.. .. so there are frequently going to be distractions, and surely some of the distractions are going to have had shocking levels of returns for some (non-insider) normie folks who time their entrance and their exit - but who the fuck should want to be spending his time trying to both figure out which shitcoin to get into and how to attempt to time their entrance/exit including surely some folks get distracted into trying to either be insiders or to be connected sufficiently to insiders in order to attempt to get the scoop on some shitcoin prior to other more gullible (and less informed) normies.
Personally, I consider it a BIGASS waste of time to be trying to play the various roulette wheels of potentially 20k different shitcoins and to choose which one might have more pumpamentals than others including wasting time following supposed influencer groups or in some other way trying to get some kind of an inside scoop on some scammy project, whether it is Trump coin or some other bullshit unethical piece of crap project.
Sure guys are going to still want to spend time on shitcoins, and my own suggestion has been that if they can at least limit their time, energies and money to less than 10% of what they put into bitcoin, then at least they might have some chances of moderating their level of distractedness, yet surely it can be difficult to save a gambler/trader from himself, since each gambler/trader has a right to figure out his strategy and even to learn that he is not smarter than everyone else when he ends up going down the trader/gambler path and figuring that he is going to be in the 1%-ish or whatever who ends up actually beating bitcoin in real terms rather than baloney made up spin numbers that they shitcoiners/gamblers frequently present to show their supposed outperformance of bitcoin blah blah blah.
Personally, I consider it a BIGASS waste of time to be trying to play the various roulette wheels of potentially 20k different shitcoins and to choose which one might have more pumpamentals than others including wasting time following supposed influencer groups or in some other way trying to get some kind of an inside scoop on some scammy project, whether it is Trump coin or some other bullshit unethical piece of crap project.
Sure guys are going to still want to spend time on shitcoins, and my own suggestion has been that if they can at least limit their time, energies and money to less than 10% of what they put into bitcoin, then at least they might have some chances of moderating their level of distractedness, yet surely it can be difficult to save a gambler/trader from himself, since each gambler/trader has a right to figure out his strategy and even to learn that he is not smarter than everyone else when he ends up going down the trader/gambler path and figuring that he is going to be in the 1%-ish or whatever who ends up actually beating bitcoin in real terms rather than baloney made up spin numbers that they shitcoiners/gamblers frequently present to show their supposed outperformance of bitcoin blah blah blah.
The point is, stupid or smart, whatever viewpoint a person may have in shitcoining, they would STILL too hold those profits in Bitcoin. Because what kind of mental decay is a person having if he insists that he/she should HODL a shitcoin or, Oh My God, a stupid MEMECOIN of a dog with a hat shilled by the most mentally decayed people in the cryptocurrency community.
Or they probably are not stupid. They probably sold they're memecoins at their ATH and left their "community" to HODL those worthless shitcoins.
We are not sure about that since the point that they are into shitcoins provably that they will just find another shitcoins to invest especially if they are greedy enough thinking about they can earn with this alts again.
They would never think about investing on those shitcoins if they have long patience dealing with good investment. Since shitcoins is for short term. To bad for them if they HODL those bad options since provably that they have less chance to recover knowing that to many rug pulls on that scene. More better for people to erase some bad thoughts that they can easily earn a lot of profit or get rich with those shitcoins since provably what they experience first is they get broke with it if bad luck hit them.
If they don't change their viewpoint, then they will learn - the HARD WAY - that they have wasted their time and money by HODLing those shitcoins.
If I was very stubborn and continued HODLing Decred until today, I would probably be looking at Bitcoin's graph and get more anxiety than the anxiety of a Bitcoin crash. Haha. Although Decred's Core Developers had good intentions and they are good in what they do, Decred is still a shitcoin compared to Bitcoin.