Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Derekfunds
on 03/04/2025, 07:10:39 UTC


I'm not against people investing on shitcoins I'm against people preaching it to newbies, if one knows the risk in it and decided to venture into it then is the person's cup of tea not mine, but why venturing into such risk knowing fully well there high risk of lose.
And trading shitcoins to invest in Bitcoin is a very bad approach, what if you lose your money instead of trading shitcoins to invest in Bitcoin is better you use DCA strategy and accumulate little by little no need to rush, if you think you can trade shitcoins and use the profit to invest in Bitcoin and become successful in Bitcoin investment then you lie because of you are lucky to get profit from one shitcoin you won't be that lucky next time.

Shitcoins are Coins with very low volume, volume numbers are usually fake, No development, Listed on temble exchangers, Supply not distributed in a fair manner. Shitcoins should be avoided especially by newbies who wants to be successful in the crypto world.
As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.
So what you are trying to say is that as a newbie investor, we should first of all get burnt before we can learn?
Because this is what your statement here implies, what wise people do is to use others to learn, that's why it's very important that if you want to go into something, you first of all seek knowledge about that thing, from people that has succeeded and those that has failed in it, they both have what to tell you.
It's only the greedy investors that investment in shit coin knowing fully well of the risk attached to it due to greedy for 10x to 100x, so stop trying to mislead newbies with this your statement that I made bold.
well you are quite right it's not necessary for newbies investor to get burnt before leaning in fact learning from others experience both successes and failures it a wish approach, seeking knowledge from experience investors can investor can help newbies navigate the market. It's essential to prioritize education and caution over greed and the promise of unrealistic returns. Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward, newbies investor should focus on building a soiled foundation of knowledge and avoiding get rich quick scheme.
A new investor that want to come into the cryptospace shouldn't think twice but to go for bitcoin and invest in a long term so that he can be growing his bitcoin investment and at the same time learning more about bitcoin overtime. The basic knowledge of bitcoin is enough for any new investor to get started because he is only buying without selling at all.

Using DCA method is good for a new investor because it gives you the chance to build and grow your bitcoin investment for many years as you want and also allows you to take care of other financial related issues at the same time. What matters the most is your persistency and consistentcy to keep your bitcoin accumulation journey ongoing 4-10 years and above.

Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward.
A new investor should not think of shitcoins as an investment because they don't have the potential to grow overtime instead most of them depreciates overtime. Investing in shitcoin is gambling because you can be rugged pull at any moment, so I would advise you not to waste your precious time and money on shitcoins because you will regret in the long run. Bitcoin is decentralized making it more unique to invest in for the future.

No amount of education and knowledge will save you from running at loss in shitcoin.
you have really spoken well here a new investor should just stick to bitcoin investment and forget about shitcoins for most shitcoins out there has nothing to offer in return when you put your hard earn money in them.

Focus on accumulating bitcoin to hold for long term for Bitcoin investment  investment is better and more profitable than investing in shitcoins, and to be frank with you guys since I came into this system I have not witness nor seeing any shitcoin  doing what bitcoin did in the system, so why investing in shitcoins that has nothing to offer.

Shitcoins can never do better than Bitcoin because most of them if not all of them depends on Bitcoin so it is not possible to do better than Bitcoin and even though they have a very high volatility of an uptrend at a point that doesn't mean they are better than Bitcoin because they will soon drop to nothing or back to there initial state and that is unlike Bitcoin and i believe this is the reason why most persons invest on shitcoins and some even trade it because of this reason but last last, if it doesn't work out as planned they will be doomed, I came across a thread where the op posted someone that used over $10k to buy shitcoin and before he knew what was happening what he saw was $6, you can imagine what will be the state of that person.