Bitcoin is the father of all crypto currency. The name is an eye opener to crypto, and has brought or attracted many people into crypto currency today. And has continued to stand firmly without fading.
Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
You can only get lucky so many times. Consistent winnings are all about preparation.
As you said so yourself, your story is a typical one. All of us adventurous investors have lost plenty of money in altcoins. And then people come to their own conclusions. For instance, you decided to simply quit altcoins altogether, while I decided to learn more and not just relying on something as unreliable as luck for successful trades.
In the years that I invested in learning the intricacies of crypto trading, I came across challenges and found ways around them:
Problem: Altcoins are too many and you'd need too much time just to follow everything, identify opportunities, and make your trades.
Solution: It's 2023. Use technology to do all of that for you. I spent years identifying what an AI tool needed to have to perform these tasks efficiently, and now my little community uses human-in-the-loop AI for this stuff with remarkable success.
Problem: I'm a Bitcoin enthusiast but I want to maximize profits. Can't wait for a halving every 4 years to push the baseline up. I don't see how I can boost profits when I've had bad experiences with altcoins.
Solution: Diversification is really important if you want to maximize your gains. If done correctly - always for short-term gains - riding waves of profit in altcoins can grow your investments really well. Find a way to identify good opportunities in altcoins and watch the magic happen.
Problem: I don't know when to get out of an altcoin investment.
Solution: Always use rebalancing. It'll allow you to see when you're over-invested in a coin and maintain balance. When you hit those points, take the money out and invest it either in Bitcoin or another emerging opportunity.
These are the key problems I've solved for my community, and we're all growing our profits and investments, keeping the king coin at the center.
