Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
I_Anime
on 04/04/2025, 06:14:45 UTC
⭐ Merited by JayJuanGee (1)


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.
Since we are into Bitcoin why boarder yourself about shitcoin  you don't need to be talking about it so that you will not get tempted carried away, Bitcoin is what you should focus on, get your knowledge and invest into Bitcoin, Bitcoin should be given full concentration,if you really want to be in support of Bitcoin, you have to forget on any other coin, but focus on Bitcoin and his investment strategy so that you will be part of Bitcoin owners.

That’s why I usually tell folks not to think of diversifying until they have gotten some nice amount of bitcoin , before they should think of putting their funds in something else ( in for of diversification) , because it will affect their rate of accumulating bitcoin , shifting their resources to something else .

And if you are even thinking of diversifying , shitcoin ain’t a bright idea rather find something else you diversify on that will definitely worth it in a long run .