Quote from: JayJuanGee on June 22, 2025, 11:16:58 PM

Quote from: letteredhub on June 22, 2025, 08:18:58 PM

Quote from: Gost ms on June 22, 2025, 04:07:33 AM

. For example, if the price of Bitcoin increases in the market, then all cryptocurrencies in the market increase in price.

This is very misleading mate. This very statement is wrong about bitcoin market with the altcoins. Just because bitcoin rises doesn't mean other shitcoins would follow in same direction and start rising. If it were so then a lot of shitcoins patronizers would have made some tones of fortunes.

A lot of times this is what some persons assumes (which is a very retarding way of thinking) therefore opting to gamble their money in shitcoins/memecoins in the hopes that when bitcoin price rises their shitcoins would also do X times and put them in huge profit than when they have to invest such funds into bitcoin investment which they know to be a very sure future value adding asset.

Of course, from time to time there can be quite a bit of correlation since many times shitcoins are affinity scams upon bitcoin, and there can be times in which they pump with the BTC price, yet they might not pump with the BTC price, so anyone getting in and out of shitcoins is taking chances that such shitcoins may or may not pump.. .. so maybe they play numbers of shitcoins, such as 10 of them or 20 of them, and perhaps they figure if any one of them pumps by 10x or 20x, then they make up for losses on all of the others....

Sure, many of us recognize and appreciate that with bitcoin there is a certain amount of risk, and so with shitcoins more risk is being added on, and the chances that any shitcoin might continue to pump over a long period of time is pretty low, so then with shitcoins there comes a need to get in and out, and some folks will erroneously consider that bitcoin should be treated the same way, as something to get into and then get out of. Surely erroneous thinking and failure to differentiate to recognize what bitcoin is.,

At the same time, it is not non-existent that some shitcoins might become popular and/or successful than others and perhaps there might be an outside chance that one of them (perhaps? perhaps) to become more popular and more successful than bitcoin, yet every single one of the shitcoins is dependent on bitcoin to be successful for their even having a chance of pumping or being successful.. even though they would likely market themselves as being special and unique and even better than bitcoin or different from bitcoin to have swome special and important use case.

In regards to some of them that suggest that they are better than bitcoin, there there may well be a bit of a presumption with those coins that they are able to pump without bitcoin and/or to take bitcoin's place in the event that bitcoin were to not survive.. Yet, those supposedly better than bitcoin coins are almost 100% lying in their claims.. and some of them are blatantly lying, while there might be some others that the founders actually believe their own bullshit (hard to really get into the heads of a scammer to realize if they know that they are scamming or not).

There surely can be some chances that some shitcoins might short-termedly outperform bitcoin, yet the odds are not necessarily good that any normal person would be able to figure this out and even the insiders might either not know if or when coins are going to pump, yet they may well have had rigged the coin in their favor so that any kind of pump that does end up happening results in free profits for them and their having had self-issued themselves a decent quantity of extra coins for free.. so some of them only have upside once they might have overcome the initial costs of issuing and/or listing the coins. Are you lucky or not to be able to time your entrance and your exit including accounting for there are others (likely insiders) who are actually dumbing as retail persons are buying in and hoping that they are going to be able to sell to some greater fool at a higher price and perhaps even believing that they have superior information about the coin and/or how to play such coin.

You've done quite an amazing job in perfectly breaking down the complex dynamics between shitcoins and Bitcoin. Inasmuch as the correlation between the both concepts are quite significant, we can't elude the fact that the success of shitcoin strongly depends on Bitcoin's stability, as well as its market trends. The idea of of diversifying one's portfolio across several shitcoins with hopes of one of those several shitcoins making a huge pump and then cover for the losses is totally outrageous as this can be considered to be completely gambling and carries lots of risks.

I completely agree with your thoughts that a lot of shitcoins out there were actually designed to capitalize on the popularity of Bitcoin, most of the time, these shitcoins are mostly exaggerated and claims to be more superior to Bitcoin, which of course is a totally outrageous claim. Every investor must at all time learn to strike a difference between Bitcoin's unbeatable track records from over the years and the speculative nature of these shitcoins. I know that a lot people who often venture into shitcoins investment may try to justify themselves by claiming that shitcoins offer more potential for growth and profitability than Bitcoin, but they forget that the odds are always stacked up against them because it only takes one with the project's insider knowledge or make a perfect timing to be able to profit from the asset's day to day volatile markets, which of course isn't always possible, meaning that the risks are inherently high.

There are several factors that further increases the risks associated with these kind of investment and they include the insider's advantage, which is very very important, we also have market manipulations, because it is no longer news that the prices of these shitcoins can be easily manipulation by the project owners and this is a big problem for naive investors. I DON'T ADVICE ANYONE TO VENTURE INTO SUCH INVESTMENT but if they must it's important to use a very low portion of their portfolio, maybe like 5℅ of their Portfolio and they need to approach these sort of investment with extreme caution and acknowledge the fact that they are very risky and have high potential for losses. And you did a great job in highlighting the importance of being aware of these facts and to avoid falling prey to the hypes and risks surrounding and associated with shitcoin investments.