Quote from: Stormisover on Today at 07:15:19 AM

Quote from: Obari on Today at 06:17:52 AM

[edited out]

My question to you is that, does making research even guarantee success in shitcoins? The answer is no but you sounded more like making research can make someone become successful in shitcoins and this can mislead newbies that are not knowledgeable enough to different things, dealing with shitcoins is not an investment because they don't have long term potential like Bitcoin, it is trading or gambling and not investment.

You are probably correct. Research into bitcoin first, and sure, it is possible that you might learn about some various shitcoins during the process, yet there should be a presumption that spending time, energy or money on shitcoins is wasteful, so in order to spend time, energy on shitcoins, they have to overcome the presumption that waste is not happening.

Quote from: Obari on Today at 08:11:41 AM

Quote from: Stormisover on Today at 07:15:19 AM

My question to you is that, does making research even guarantee success in shitcoins? The answer is no but you sounded more like making research can make someone become successful in shitcoins and this can mislead newbies that are not knowledgeable enough to different things, dealing with shitcoins is not an investment because they don't have long term potential like Bitcoin, it is trading or gambling and not investment.

How possibly will you get knowledgeable in the industry without proper research?
I’m not advising anyone to invest in shitcoins but there have also been stories of people investing in them and fortunately they came out strong and one thing that might have contributed to that is a good and proper research.

If you learn bitcoin first, then at least you might have a framework.. and yeah, it is possible that some guys might get lucky with their gambling - yet at the same time, hopefully they are gambling with less than 10% of their bitcoin value. Gambling is not a good overall and/or sustainable technique, even though it sometimes will work in the short term.

If you want to presume that there are some good shitcoins out there and that they ONLY need to be identified with a bit of effort, then that is on you to be choosing to waste your time in those kinds of ways instead of trying to suggest to other forum members that researching shitcoins is a good strategy and/or a good way to use your time, energy and/or money.

Quote from: Obari on Today at 08:11:41 AM

Nothing absolutely is guaranteed in the cryptocurrency market and that’s why it’s always preached to only invest what you can afford to lose but in as much as a proper research can’t guaranty you success in the industry, it keeps you very much informed of the market and helps in proper decision making.

I doubt that fucking around researching into shitcoin helps you to make proper decisions, and sure, every once in a while there is going to be some news about some various shitcoins here and there, and I am not suggesting that any of us need to completely ignore such news, yet we also likely should not be dedicating very much time and/or energy towards it.. no more than 10% or some meaningfully small amount of time and energy.

In other words, keep your eyes on the prize and don't get overly distracted. even if you might sometimes reasonably conclude that you have to learn a little bit about some various shitcoins, especially if they might be coming up a lot in whatever circles of information.. and so sometimes there may be some needs to at least superficially investigate in some aspects of what might be happening with them, so you can superficially understand the context of whatever dumb shit they might be trying to pretend towards having value...and so then if we are looking at some thing that happened or some feature, we also would hopefully be comparing and contrasting how it relates to bitcoin and where bitcoin fits into the picture of what they might be proclaiming to have value and/or the news event that had taken place.

Quote from: EarnOnVictor on Today at 08:43:07 AM

Quote from: Justbillywitt on March 03, 2025, 08:20:40 PM

Quote from: Cryptoprincess101 on March 01, 2025, 09:52:46 PM

Quote from: suzanne5223 on March 01, 2025, 08:54:26 PM

Buying Bitcoin aggressively with the fund set aside for basic is one of the step for every Bitcoiner to sell at lost price no matter the good intention s/he has and no matter how people make wrong decision with their Bitcoin investment we can only make them understand the fact about how to accumulate Bitcoin profitably because even if you're Satoshi and you provide them the right guide they will still end up following their path.

Your response is a bit contradictory to me because how do buying bitcoin aggressively a step for bitcoiners to sell at lost. Anyways while i am still trying to grasp what you are saying, i can tell you that there is no such thing as bitcoiners selling at lost price while investing aggressively but i can put it in a clearer way for you. Buying aggressively can only depend on the size of your discretionary income such that you can chose to invest all without minding how big the amount is since it is still at the level of your discretion. It can also depend on how big your income is and how little your expenditures are that will tell if you will have enough discretionary amount to invest aggressively.

Possibly you might have omitted where he said buying bitcoin with money set aside for basic needs. The key words there is ( Basic needs). I think this is why you were confused with what @Suzanne5223 was trying to say. When reading a posts, it's better we are relaxed. We should not be in haste, or high with substances as this might make us not to read through the lines. Now that I have pointed out where you missed, hope you will go back to his post and see that he was actually on track with what he saying.

If anyone could say they are using the money earmarked for their basic needs for Bitcoin investment, then the person "may not" be planning well, Bitcoin should not be invested in a way that will affect your good living and that of your family. I quoted the "may not" because some people could sacrifice to invest in Bitcoin too, this is why I do not like to be too rigid in contexts like this.

We've seen people sharing good and motivational stories on how they endured hardship just to invest and their stories turned to glory. For instance, some people might need $1,000 for the monthly basic needs that will make them very comfortable for the week, but for the sake of investing in Bitcoin, they might cut it to, let's say $500 and invest $550. Is that money not coming from their basic needs? And didn't they invest at the same time? All these things have explanations, it all depends on how far you can go to endure committing money to your Bitcoin investment for a better future and financial security.

I will concede to you that even if there are a lot of circumstances in which prudence is the better practice, there sometimes could be some circumstances when some short-term additional risk taking might be reasonable to attempt, and surely I hate to go down the road of going too far into such scenarios since that would seem to be deviating from the topic of this thread, and maybe your example is enough.. in which there could be some ways in which expenses are purposefully cut in a way that is quite uncomfortable for short periods of time, and the extra money is put into bitcoin, so it ends up being a short term gamble rather than a long term investment... but it may also be purposefully contained in terms of both value and time. .. so it ends up playing out as a kind of short term gamble that may or may not end up with long term consequences, yet it may well seem like a reasonable play based on then circumstances.