Quote from: iBaba on Today at 08:48:57 PM

Quote from: Zaguru12 on Today at 12:13:20 PM

Quote from: JayJuanGee on Today at 03:43:03 AM

Many of us make mistakes, yet sometimes we cannot identify that we still might be in a bad kind of mindset, so we keep making the same mistakes over and over, and staying involved in shitcoins or can's stop trying to trade bitcoin, which can be some of those kinds of mistakes that are hard to get away from continuing to make.

Not going to generalize this but I have noticed that most of the times when you see someone who actually is buying various shitcoins (something I can never call investment) and they probably have been losing money more and they still stick around this same strategy of buying they are people not making mistakes in my opinion but rather people who are actually trying to get rich quick by buying the next pump coin. Sometimes it is hard to actually hard to get this mindset off from them.

It's good to reiterate that greed is the most desastrous attitude an individual will have especially when you're engaging in crypto investments and trading, else one will not stop making the mistakes you mentioned above. I've practically engaged in buying and selling of Shitcoins with the hope of making quick money but in the end it all went south with me because my money went into the thin hair within minutes. I've seen how coins like B3 Shitcoin recently seeing how it rose by hundreds and thousands of leverage but in the end, it crumble and some even disappear completely. The best form of trading and investment in gambling is knowledge, patience and unbiased calculations of profits.

Shitcoins aren't really good for holding too long, you need to atleast have indications if it's still buyable to make a quick 2x profit or not. For example, a good narrative shitcoin on solana that stays at 1m mcap is still a good buy, could make millions of profit because that could easily go 50m especially if it's a shitcoin based on some influential people like Trump of Elon. Don't hold too much shitcoins, it's very different on Bitcoin, you can also be aggressive in Bitcoin because it's for sure double up but long term hold. Shitcoins is different, the tip here is don't be late, you either be early on that narrative or fade, if you've bought some shitcoins are 100m mcap more, you're very late and don't expect quick profit on that.