Post
Topic
Board Beginners & Help
Re: Before You Think of Giving Up on Crypto, Read This
by
hd49728
on 29/07/2025, 23:06:17 UTC
Advising people who are newbies to put their hard earned money into Altcoins and shitcoins is not advisable especially if they’re newbies to the entire crypto space.
It's bad if you introduce them about altcoins, shitcoins and tell them to invest money in shitcoins but the fact is quite opposite than that. People can warn newbies about altcoins and shitcoins, how dangerous and vulnerable to scams and dealths of shitcoins but newbies mostly ignore all such valuable and helpful warnings to bet in shitcoins.

You can not do anything more than advice, warnings then witness newbies bet and lose money in shitcoins.

Quote
The best thing to do is teach them how to buy bitcoin and with their discretionary money they can invest using the DCA method and accumulate regularly while learning more from what they practice and research. Investing in shitcoins can be very drastic, you can lose your funds and you can also make it big but the probability of high profit is very low, so for a newbie I wouldn’t advise putting your money in different shitcoins, just choose Bitcoin and be Happy.
You can tell them to use DCA strategy for Bitcoin but as said they don't invest in Bitcoin, but bet in altcoins. Then they apply DCA in shitcoins and accumulate more shitcoins over time. This DCA strategy can not work well with shitcoin portfolios and accumulate more shitcoins over time means spending more capital for accumulate likely bigger loss.