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.
It is not only when you don't set aside an emergency fund during you bitcoin accumulation journey that you would be forced to sell you bitcoin at a loss; if you invest all your money in bitcoin or you invest in a way that you will be struggling to solve you daily expenses, even if you set aside an emergency fund, you will find it difficult to hold your bitcoin for the long term because you would likely use your emergency fund to sort out your daily expenses, which might leave you with no other option than to sell your bitcoin at a loss to survive. Even if you are investing in bitcoin with a long-term purpose at the beginning of your investment, if you use the money that's meant to solve your daily expenses and invest in bitcoin, you will end up selling your bitcoin at a loss. So when investing in bitcoin, you should use the money you will not need for 4-10 years or more to invest in bitcoin, or you can invest with the money you can afford to lose, which will allow you to hold your bitcoin for the long term since you are using the money that is not meant to solve your daily expenses to invest in bitcoin.