Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
topbitcoin
on 03/04/2025, 23:34:34 UTC


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.
Why would someone in his or her right senses even compare shit coin with Bitcoin, it's not just ignorance, it's a higher level of stupidity to do that, using something that falls more than they rise to compare Bitcoin that always rally back to even a greater and better heights anytime it value plummet.
Look at the market today, all the shit coin that fell during this dip, it's only like 2% of them that may recover from it to it previous value that it fell from, so it's mostly higher level of ignorance that will make someone to compare them with Bitcoin.

Their are only three reasons that makes most investors to invest in shit coin, which are uninformation, misinformation or greed.
But among them all, the one that annoys me the most is the greedy investors, because they knows how dangerous it is, but they still venture into it, due to greed for 10x to 20x, which majority of them mostly get burnt after taking such a decision.
The point is, if you are going to invest in bitcoin, never be interested in knowing what a trash coin is. Because it can be dangerous if the person who knows it is a greedy person. So if our goal is to invest in bitcoin, then focus on investing in bitcoin. Because rather than finding out about trash coins, it is better to find a bigger income, so that our cold money or discretionary income becomes bigger and can be invested in bitcoin. So don't let our focus be disturbed just because of shitcoin, because what we need to know about shitcoin is only one thing, namely that shitcoin is useless. Because not a few bitcoin investors who initially invested in bitcoin only, eventually became a shitcoin trader, and this was caused by finding out too deeply about shitcoin. And finally became interested because they felt shitcoin could provide a large multiple of profit, even though in reality it didn't. So in this case we must understand, that too much curiosity sometimes has a bad impact too.
But sometimes things like this are indeed difficult to avoid, especially for those who are still in the early stages of introduction and do not really understand how bitcoin and shitcoin work, which sometimes makes many people careless just because they see the profits that can be obtained instantly from shitcoin, which is actually a trap that makes them fomo and people who have good intentions are in bitcoin but the wrong path cannot return.

The fact is that until now, many have felt this and for those new people, they should be able to see this as a story and learning so that in the end they do not get caught on the same path because there are already many examples.
But selfishness and false hopes about quick profits in shitcoin are indeed difficult to let go of for some people, so in this case it is wiser for us to take action because as you said, focus must be increased in this case so that we do not act wrongly.