Holding is always gold. Not only Bitcoin, but all the top-tier coins are best for holding BNB today reach a milestone of $1k where i sold my BNB for $4 at a time, i was 2000 BNB and if i talked about Bitcoin then it crossed a big milaston of 100k and also hit $124k where is sold my 3 bitcoin at around $4000 now i am regarding for my past decission. Now we are thinking about bitcoin, that the bitcoin price can go down a lot, and we are waiting for that, but this is also another mistake. i don't think Bitcoin price can drop below $80-90k on dip season. So buying Bitcoin by DCA now can also be a good decision. When we see bitcoin at a price of more than $500k or a million dollars, then we will think about this time and reflect on why we missed buying and holding bitcoin at the price of around $100k.
I don't think sitcoins actually have any value. These types of coins create hype and hype, which increases their prices abnormally. As a result, new investors invest in the hope of quick profits and get scammed. The price increases and decreases due to pump and dump, so even if a few people make a profit, like gambling, most people lose. So I don't think there is any comparison between any scam coin with Bitcoin. While Bitcoin has always been giving good feedback in the long term, all the other coins that exist have disappeared from the market in the long term. Bitcoin is decentralized, safe and globally scalable. Since the supply is fixed, even if its demand increases, the supply will not increase, so the value of Bitcoin will increase even more in the future. It is never right to compare any other coin with Bitcoin. As a result, newbies will invest in other sitcoins without understanding and will suffer losses. It is not appropriate to spread confusion with such examples.
I’m quite surprised when people do think that shitcoin has any value, some of this people that thinks they are investors while they are traders are quite naive, because sometimes they forget that this so called crypto and shitcoin rely on Bitcoin to thrive, this things they feel that they’re thriving doesn’t last long enough at some point this things are never a guaranteed, sometimes they end of making mistake by choosing this altcoin and at the end of an interval they probably get scammed by investing their money on this altcoin and which is a very awful way of making investment in bitcoin, sometimes we would notice that their is a huge difference between bitcoin and altcoins from longevity and stability, Bitcoin is reliable and stable comparing to altcoins, that is why it is reasonable to stay away from shitcoins and altcoins.