Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mr_Brilliant$
on 31/08/2025, 19:09:04 UTC
Exactly. If your finances improve and you have more cashflow, you can increase the purchases on the way. People tend to have terrible advice for normal people, in the altcoin world it is even worse as they want people to spend time daily in crypto farming, chasing events and drops, keeping up with news and chats and so on.

Bitcoin should be as neutrally minimalistic and as easy to use as possible. Normal people should not need to check things daily for information, it is too time consuming and manipulative to live like that. It should become second nature, that is what makes DCA perfect.
What makes DCA even more perfect is when we can implement it without stopping and always adjust it to our own cash flow each month. This means that our own level of consistency with this method must also not decline if the goal is to increase our Bitcoin by repeatedly buying it whenever we have cash. But beyond that, I don't think anyone who spends time exploring available information by reading more isn't doing anything wrong, as that's how everyone gathers important information while accumulating Bitcoin after they learn more about it.

Other things like altcoins, events, and drops are commonplace and may not be considered important by everyone, but that doesn't mean they're wrong to know. Having more knowledge about many things will certainly be very useful, at least in preventing us from going down the wrong path when we want to invest in a proven future asset like Bitcoin.

I agreed with everything you said CageMabok, until you said that there was value in learning about shitcoins.  Hopefully you are careful in that.. since it tends to be important to put shitcoins into a box in which their is a presumption that they are shit, so if they are going to prove that they are anything other than shit, then there is going to be a relatively high bar...

Sure, sometimes out of curiosity there can be reasons that some of us might get lured into looking at some aspect of shitcoins, yet the more important thing is keeping our eye on the prize and learning various bitcoin-related matters first and then also looking at shitcoins in light of bitcoin in order to try to figure out what they are trying to accomplish in various ways that they might be similar and/or different and many times just having some ideas that proof of stake is retarded should be able to help us to eliminate almost all of the shitcoins, and their need to have a token rather than building and/or linking to bitcoin can also help us to continue with our skepticism in regards to who they are trying to enrich with such token issuance and frequently obscurity and/or convolution regarding their token(s). 
The reality is that most of these so called shitcoins do not even deserve to be placed in the same sentence with Bitcoin.. They are nothing more than cleverly packaged traps built to enrich the people who created them, while leaving the unsuspecting crowd holding empty bags...  The way I see it, if a shit coin really had any solid value, it would not need to wrap itself around a token or flashy promises.. Bitcoin already solved the hardest problem sound, decentralized money and everything else is just noise pretending to be innovation…  Like you said, curiosity might make someone glance at them, but that is about as far as it should go… For me there’s no need to study them, or you study them only to see why they fail, not because there is any hope of them replacing or competing with Bitcoin.. Proof of stake and endless token issuance are dead giveaways that the foundation is weak, and at the end of the day, they are nothing but distractions for people who don’t want to put in the work of understanding Bitcoin properly.


I am not suggesting to be blind to shitcoins, yet there are also ONLY so many hours in the day, too... and bitcoin is a bit of a handful in and/of itself, including the various ways that bitcoin has to interact with various shitcoins and various third-party custodians and attempting to sort out ongoing questions/concerns that any of us might have in regards to whether governments, institutions, financial institutions, and/or status quo rich folks are our friends or our enemies in regards to these matters.  Bitcoin is largely for anyone and everyone, yet at the same time attacks upon it might not always be clear, even divisions from within bitcoin circes likely has plenty to potentially pay attention to rather than getting distracted into shitcoin nonsense, too.

And also, Bitcoin itself is already a lifetime of study… Between understanding the economics, the security, the way it interacts with governments and institutions, and even the politics within the Bitcoin community itself, there is already more than enough to keep your plate full..  Wasting that precious time chasing after shitcoin projects is total bullshit, it fills you up with nothing useful and probably leaves you worse off... To me, the smarter approach is to treat all of them with a blanket rejection until proven otherwise, and even then, the proof usually crumbles when compared to Bitcoin simplicity and strength..  Like you said, the prize is Bitcoin, and the only reason to even glance at shitcoins is to understand how weak they are in comparison haha… Anything beyond that is just handing your attention to scams dressed up in shit clothing…