Re: Buy Buy Buy or Sell Sell Sell?

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.

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 agree with what JayJuanGee said, limiting our exposure to shitcoins will definitely help our investment and lessen the losses. 20% is fair enough but I also would recommend lower than that to play it safer but it is all based on our individual risk tolerance though. Anything higher than 20% is not ideal at all if you must invest in altcoins.

I can only imagine myself gambling with only 5% of my discretionary income on alt and meme coin because it's an amount am willing to lose easily, though some desperate and ignorant investor invest heavily on alt and shit coin alike but it's mostly three things that will make them do that, which is misinformation, uninformation or greed, without this three things, their is no way and invest will invest heavily in alt and shit coin, but nevertheless, I believe that the best approach to it is by investing like 95% of my discretionary income on Bitcoin, then the remaining 5% I might decide to gamble with it with alt or meme coin, that's my own way , when considering gambling on alt or meme.

Most Alt & memecoins are highly impressionable and holds little or no value,investing 5% of your discretional income on shitcoins that produces little value is just another means of wasting money,because why investing your hard-earned money on an asset that lack credibility, more especially when you know it won't be profitable to you on the long run. I understand it's your funds and you have the right to disburse it according to the way you want but I feel money should be properly channel/invested on projects worth producing adequate profits and not the other way round. I believe Investing your remaining 5% of your discretional income into your Bitcoin investment will add additional value to your funds and portfolio than putting it on shitcoins.

Quote from: Sim_card on May 29, 2025, 07:50:33 PM

Quote from: sotelorene on May 29, 2025, 07:06:24 PM

[edited out]

It's not everyone that invest in shitcoin knows that it's not a good investment. Some new investors don't male research or are being misled by other shitcoiners to invest in shitcoin that it will be the next bitcoin. I was once a victim of investing in shitcoin in my early days in the cryptospace but as time passes on after a big loss, I didn't give up but continued with my research till I found bitcoin and my worries ended.

Most shitcoins we see on the market are over hype to attract investors. I understand how you feel after loosing your money on shitcoins as I believe it was a mistakes and will remain an unforgettable experience. People that have tasted the corrosive nature of shitcoin only understand how bitter it is from the inside. I still don understand why some shitcoiners will even think of comparing shitcoins to Bitcoin. Bitcoin has no close rival in the crypto space and have proven itself as the best performing asset over the years. If you ask me to choose Bitcoin over other coins,I would choose Bitcoin over and over again. I understand it's their choice to decide where to invest and I hold nothing against that,but going extreme by comparing Bitcoin to shitcoins is totally outrageous.