Quote from: Merit.s on May 28, 2025, 12:00:30 PM

Quote from: JayJuanGee on May 28, 2025, 03:13:46 AM

If you are really able to limit your exposure to shitcoins to 20% or less the size of your bitcoin investment (or the amount that you put into bitcoin) without cheating, the that is likely going to save you from losing too much, yet there are not too many folks who can limit their shitcoin exposure, and I frequently recommend no more than 10% exposure to shitcoins, yet if you can be strict with yourself in regards to the 20%, then it could be reasonable, even though it is a higher percentage than what I would recommend. I personally have less than 1% of the size of my bitcoin investment in shitcoins.

I wouldn't even advise anyone to think of holding any percentage of shitcoin from from his total bitcoin portfolio especially newbies because they need to focus on buying and building their bitcoin portfolio overtime since they're still new in bitcoin accumulation. The only shitcoin one can have is based on you want to use it to pay for gas fee or network fee or similar. But if it's because you want to hodli or gamble with them, it's not worth it.

I am not suggesting that anyone buys shitcoins. I specifically assert that guys should focus on bitcoin first and learn bitcoin first and not invest in any shitcoins, yet if they are going to do it, then you cannot really stop people from wanting to explore or even buying into the various shitcoin talking points... so I frequently will suggest to invest no more than 10% the size of their bitcoin holdings into shitcoins.,,so to at least limit themselves if they cannot resist shitcoining, trading bitcoin and/or gambling... but people are going to do what they are going to do... but if we can at least get them to consider limiting their shitcoining and focusing mostly on bitcoin with their time, energy and/or their investment value, then maybe they will learn from that.

How are you going to completely stop people from shitcoining? Just refuse to talk with them? Completely close your ears to them? Just keep repeating bitcoin only? I am not completely against the idea of not talking to shitcoiners, even though I think that many bitcoiners go through some kind of a shitcoining phase before recognizing that shitcoins and/or trying to trade bitcoin is not a good use of time, energy and/or money.

Quote from: Merit.s on May 28, 2025, 12:00:30 PM

My younger brother was a big shitcoiner and he was happy and glad keeping and buying these shitcoins. When I traveled back to visit him, I saw his deep involvement in them and I asked him if he has bitcoin, he said just little amount but he has more of shitcoin. I laughed at him and told him the difference between bitcoin and shitcoin, he doubted. After a month, I went to him again then bitcoin price was pumping, he got frustrated and told me that his portfolio reduced and the price is still falling.

I laughed at him again, and told him that he is holding a valueless tokens. He believed and accepted immediately. Instantly, I told him if he has funds, he can buy bitcoin, he did as I advised him and now he was smiling to me last week that his bitcoin investment is growing. I laughed and looked at him that he hasn't seen anything yet, he should just keep on buying weekly and in future he will understand. Bitcoin is a good asset and no coiner and lower coiner should stay focus in building and growing their bitcoin portfolio for the future.

I am glad that your brother was able to come around, and I doubt that your message to him was very much different from what mine would have had been, even though each person has differing styles in the way that they interact with others, whether those others are friends, family or strangers.

Quote from: Solokan on May 28, 2025, 01:53:45 PM

Quote from: Salahmu on May 27, 2025, 02:45:58 PM

Quote from: Justbillywitt on May 27, 2025, 09:38:39 AM

Quote from: As-Soon-As on May 26, 2025, 11:17:40 PM

If the price of Bitcoin is always going up, investors will never be able to participate in investment,

Where did you draw this conclusion from? I think at this point it's best you speak for yourself because I know that real investors invest in bitcoin at all market conditions.

@As-Soon-As is definitely missing some things that encourages fast investment because what he is thinking will make investors runaway from Bitcoin is actually one good thing that would even tell them to seat up if they were not investing with there whole mind, actually if Bitcoin has been in a way it cannot fall even a little, so many persons would have even sell there businesses for Bitcoin because it means that if somebody invested when it was $110k that means it will never drop below that but instead keep increasing, so actually I want to correct @As-Soon-As that no matter the stages we might presume Bitcoin of it will never make people to step back away from it.

when the price of btc continues to rise, it is indeed a challenge for anyone who wants to buy btc, but what is certain is that it is different when bitcoin is trending down, for example when the market is bearish, then there must be quite a few who buy btc with a calm feeling because of course the btc they get is more. but yes for those who are experienced in buying bitcoin, of course they will buy btc with a calm heart even though the price of btc continues to rise because of course for those who are experienced they will definitely know that btc will not disappoint them in the future.

yes it is true that many entrepreneurs and so on buy btc because it is true that the point is btc will not disappoint them because btc will certainly continue to rise in the future. but one important thing is usually people who hesitate when buying btc because one of the reasons is because they want to invest for the short term because if it is for the long term, of course they will not think about and care about the price of btc when they are going to buy it. and it could also be another reason because they want to buy btc with money that is not ready to be lost. but of course everyone has their own way of buying btc and of course I respect anyone's opinion.

Think about yourself Solokan. According to your forum registration date, you potentially have close to 2.5 years investing into bitcoin, so sure, if you have been investing into bitcoin the whole time, you might have ongoing dilemmas in regards to if you had started out investing into bitcoin in an aggressive enough way, yet you are not able to turn back the clock, and you can ONLY continue to decide what to do based on your circumstances right now and if you have enough bitcoin yet. I have a hard time imagining that you would be even close to having enough bitcoin, unless you were really able to front-load your bitcoin investment in the last 2.5 years.

I agree with you that there are some advantages for beginner bitcoiners in regards to buying on the way down rather than on the way up, yet none of us have any choice, and we have to decide what to do based on our current circumstances, including that if we do not have enough bitcoin we likely have to just keep on buying until we get to a point of having enough bitcoin or more than enough bitcoin... .and it could take some time before we are clearly starting to feel comfortable about our bitcoin investment, which usually I consider that it takes at least a whole cycle or more to really start to get to a point that we are going to be able to assess our bitcoin stash size and/or to potentially adjust away from ongoing, persistent, consistent, regular and perhaps even aggressive bitcoin buying.