Post
Topic
Board Beginners & Help
Re: Don't start your crypto journey with trading/shitcoin
by
Patikno
on 30/05/2025, 13:10:38 UTC
It's good that beginners know the right path to follow when they just come into the cryptospace. Some newbies with zero knowledge of bitcoin thinks is a get rich quick scheme and they rush into trading which is the normal mentality of buy low and sell high which is easy said than done as a naive person in the market. When you rush into trading, you have rushed into throwing your funds into thin air because to be a professional trader take a very long time and lot of hard work. That doesn't guarantee that you wouldn't run at loss as a professional trader.

Another set of people are those who think that bitcoin is too expensive and decide to go for shitcoins looking for whatever new shitcoins that will be listed in exchange due to deceitful words that the coin will be the next bitcoin or do better than bitcoin in future. They will be happy stacking shitcoins and end up regretting in the long run when there portfolio depreciates overtime.

If you find yourself in these two categories as mentioned above, you are not going to end your crypto journey in a happy way if you don't buy bitcoin, grow your portfolio and hodli for the future because in the long run traders and shitcoiners will run at loss just like gamblers. Don't allow your decisions today affect your financial situation in future. If you love gambling go to the casino.
Well, I also often find people who are new to crypto and they immediately trade altcoins, or even some obscure shitcoins. I noticed that this happens because they are usually influenced by other people who have managed to make big profits, when in fact this is very rare, and not everyone can get the same thing, and in the end most of them give up. Therefore, I usually advise people like that to learn Bitcoin fundamentally, so I feel they will not get lost, because we all know that the future of Bitcoin is already real in front of our eyes, and it's just a matter of time. From all of that, I suggest for anyone to be an investor, and not a trader. However, whatever you do is your own right, so be wise every time you step.