Post
Topic
Board Beginners & Help
Re: Don't start your crypto journey with trading/shitcoin
by
Altryist
on 11/06/2025, 10:02:45 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.
When I first started trading, I remember there was a common belief that you could make more and faster profits on altcoins. Back then, it was during the big alt seasons when altcoins really performed well. So at that time, it was partly true, if you managed to find a good new project, you had very good chances of making huge profits during a bull run. Now everything’s changing: all the investment focus is shifting to Bitcoin, while altcoins keep searching for new bottoms even though Bitcoin is setting new highs. So at this point, dealing with altcoins really doesn’t seem like the best idea.