Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I do remember posting this, but I can't find the actual post, and the forum's search engine is pretty bad. Still, I can say for sure that my experience with shitcoins has been negative. I regret every single shitcoin purchase I've even made.
Quick calculation:
Several years ago I bought 50 LTC (for... diversification), back when LTC was selling for around $40. At that time, BTC was selling for around $3000.
Now, my 50 LTC = $6500
Had I bought BTC instead, I would now have an extra 0.67 BTC = $65,800.
I lost $59,300.
Quick calculation:
Several years ago I bought 50 LTC (for... diversification), back when LTC was selling for around $40. At that time, BTC was selling for around $3000.
Now, my 50 LTC = $6500
Had I bought BTC instead, I would now have an extra 0.67 BTC = $65,800.
I lost $59,300.
The only time I ever had a positive experience with a shitcoin was Ravencoin. I made an absolute killing on the pumps they did when that came out. Basically every other time I've accepted and held shitcoins I've lost money. I was also cursed by having a good NFT run in the beginning, which led me into wasting a ton of time working on and supporting projects like the Sandbox Metaverse, which I probably lost $20,000 on. I will say that POL NFTs and Solana memecoins are the most fun I've had in this space since probably 2015. So while they certainly don't make good investments, they do provide entertainment. I can't say I have any regrets. Maybe some of the NFTs I got stuck with.
