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.
Are 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?
Or those people that sold their Bitcoin bit by bit at a loss due to bad financial planing?
It is mostly long term holder and mostly people that are in no pressure to sell that always benefits from Bitcoin investment, once you are forced to sell your holdings, their is a very high likelihood that you might sell in a loss because the value of Bitcoin might be down as at then, so try to be sure of what you are saying before talking.
truth be told he is right about the Greed aspect, people tend to buy Altcoins not to hold for long term but fir short term profits. And sometimes this
Leads to Greed which makes people loose a lot of money.
As for the bold statement that there is no record of anyone loosing money in Bitcoin, the Op is just delusional, maybe if you do your research well and think quite hard you'll understand that people have also lost a lot in Bitcoin, I won't go further as to telling you how they loose as the OP has already highlighted you on how people loose , but I would encourage you to choose your words carefully so you don't seem like you know nothing of which you say or do!