Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Makus
on 04/03/2025, 21:08:59 UTC
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.

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.

The issues about this proper research is another advantage every newbies gets from investing in Bitcoin right away with the  getting just the basic knowledge to get started and learn more along the line, in my observations this thread  talks more about Bitcoin with much freedom of having the basic knowledge prior to getting started other than attempting to make such proper research, and you talking about making proper research in respect to shitcoins involvement which is not investing implies that some shitcoins should be regarded as differently from others when they should allow be treated as the same, that someone got lucky with it even though they might not disclose their bad experiences doesn't mean the next person can get lucky, there are better thread and board where such discussions can be maximize, you said you are not encouraging anyone to get involved with shitcoins but you are indirectly, and you saying that nothing is guarantee in cryptocurrency market is another way of joining Bitcoin in the league with other coins, you can be specific next time because it is a Bitcoin discussion thread and not cryptocurrency.


Shitcoins are more or less another form a gambling, rather than going to the casino to gamble, some persons decide to gamble with crypto(shit projects) because,  there is no amount of knowledge about a shitcoin that can guarantee you making wins off your investment. I see some post of people boasting of a huge return from a shitcoin and how they conducted some research to determine if the project is authentic, but the truth is, if you ask them about other experiences they've had, you'll find out that they where only lucky with that shitcoin which also made other persons loss drastically. However in gamble you only invest what you can afford to lose. Instead of wasting those amount of money in trying to see if luck meets you well, why not invest in Bitcoin, most newbies and traders lack this wisdom to make the right decision and often ends up in regrets which is not the best thing to do when you have bitcoin. Open to all