I consider Shitcoin investment like gambling, no matter how much people understand if they convert their fiat to shitcoin then the loss will be much greater and the profit obtained is just luck, the throne for the long term is still held by Bitcoin and will remain like this, Bitcoin can create sustainable ATH that Altcoin or Shitcoin cannot do. And those who behave like this mostly think Bitcoin feels expensive so they often turn to affordable investments but they forget that there is a DCA strategy that allows purchases with any budget.
Yep, you are right but it seem people like to gambling in altcoin investment so they still search for the shitcoin as their investment. They don't realize in the long term, Bitcoin will be the best investment for them but that will be up to them because we can only suggest them without force them to follow us. They forgot that they can buy Bitcoin in a small portion and not have to buy full 1 Bitcoin at once. They can even use DCA method to have Bitcoin as their main investment and just focus with that for some years. Let say that will be for 4-8 years and just buy Bitcoin constantly using DCA method, no matter if that money is small or medium or big amount.
Such investors are investing in altcoins in the hope of quick profits, but they will never get the expected results, only Bitcoin investment can expect good results. Shitcoins are never safe, investing in them means throwing money towards disaster for sure. Before an investor invests, the more success they expect from Shitcoin, they never get accordingly result, because as profitable as shitcoins look, in reality it is much more harmful.
Bitcoin is an independent currency, an investor can invest any amount of money in Bitcoin according to his ability, there is no minimum limit for Bitcoin investment, those who think that to invest in Bitcoin, you must buy 1 Bitcoin, they have not yet understood Bitcoin.
However, an investor should understand that Bitcoin will definitely be a best investment if it can be run continuously for 8-10 years through DCA. And even after 8-10 years, Bitcoin will definitely remain the most profitable investment.
People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.
Most people created this altcoin for there selfish interest of scamming people of there hard earned money, people are so greedy and desperate that if they have a opportunity to grow there money with a fast means regardless of there financial circumstances they seize every opportunity of making a fast money from this shitcoin, not knowing that it would probably be a scam, it would be important if we have opportunity to sensitize people who are interested to invest in crypto to always choose investing in Bitcoin and to stay away from Shitcoin.