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Quote from: DaNNy001 on March 06, 2025, 09:51:52 PM

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.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.

I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin first, including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.

Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.

You are right but forget that most investors are greedy that's why you see most of them shifting their investment plans towards a particular coin they believe will give them fast money not minding the implications of whether they will lose all they have invested, an investor who decides to try out investing in shitcoin is not greedy for doing that you only consider them being greedy when they make profit from investing in shitcoins and decide to put in everything they have made they become greedy and they may end up losing it all. Both old and new investors fall into this category but it is the old investors we should see as greedy ones since they already know that they can not be too comfortable to keep investing in shitcoins because of the pump and dump nature but they keep getting involved in the investment and the new investors who rush to invest in shitcoins do that because they want to cash out very fast like they do in ponzi scheme. Bitcoin investment has the potential to give an investor good profit and it is not like shitcoins that you will invest in and not have peace of mind that's why investors should focus more on investing in Bitcoin and stop gambling with their money investing in shitcoins.