If you are bringing up positive facts/logic and failing and refusing to denigrate altcoins (aka shitcoins) at every other sentence, then you are putting a spin on shitcoins that they do not deserve, even if you believe that you are being neutral .. whatever that means..
Ok, fair enough. Eth sucks. And I did not invest in it or buy any more than token (less than 1%) amounts. I don't know how plain numbers stated as facts imply something is positive or negative unless positive means up, and negative means down or below zero. The fact that anyone could have gotten 2k ETH for 1 BTC remains as ... I don't know how else to say it, but it is what it is. Remember again, I did not get any back then. I'm not getting any more now. I did not get any in between except as mentioned earlier token amounts (and by token, I mean it in the sense that it's small enough to ignore, maybe you could say cup of coffee amounts?)
And if that cup of coffee thinking is what got me into trouble in the first place, I may know what is being implied as I have heard it called the "Latte Factor", and I honestly don't think that was my problem.
Without getting into details, I made mistakes unrelated to BTC or shitcoins.
I got paid in BTC and in shitcoins for doing what I did on these forums as escrow, like someone buying hardware or miners or holding funds. I never bought any of those with my own money. You could say it was earned, and maybe the equivalent of buying them with my time. Maybe, maybe, maybe I could have spent more of my time just accumulating corn then? Maybe. If that is what you are getting at, then yes, maybe that contributed to my issues.
I have some shitcoins, and I probably have had some shitcoins since the beginning of my Bitcoin journey in late 2013.
If those shitcoins were "airdropped" to you by forking, I don't consider it something you acquired even if you knew there was going to be a fork and bought some BTC in anticipation of getting the forked shitcoins after.
So, you believe that there is some value to "diversify" into shitcoins beyond token amounts?
No I do not. I'm an admitted BTC maxi, but watch the shitcoins because they do interesting stuff, without further investing into them whatever I have gotten out of them through my other dealings on this forum and other places.
Maybe my memory is failing me because I thought that you admitted to getting reckt pretty badly from shitcoins, and then I recall that you had some ongoing dabbling into shitcoins even after saying that you had gotten reckt.... In any event, I don't feel like looking it up, if it is look upable.
I may have implied something to that effect or I may have attributed my getting reckt to shitcoins, but now I am more aware it is through other issues beyond intentionally dabbling into shitcoins. From 2012 to 2019 I was unemployed and living on BTC and whatever shitcoins I would receive, frequently cashing them out to pay for food. My biggest mistake was believing I could continue doing that and remain unemployed.
I finally got a job and realized it's a good idea to having some sort of stable fiat income for the time being as I rebuild my stash of BTC as well as doing all other things normal fiat people do in preparation for a better future.
I learned about traditional markets too. It's odd because I got into bitcoin with no background and now it seems I know more about traditional investments than plenty of nocoiners after reading plenty of stuff about them. I learned more about keynesian and austrian economics than I ever did in all my years in school. I learned about sound money. I learned that BTC is .. well we mostly know what BTC is.
And, there were some institutions dabbling in shitcoins, so they might have different agendas than me.
It would seem at this point that everyone knows what happened with GME. No need to say more eh... That's probably the agenda of these large institutions getting into shitcoins, or something along those lines.
I am not sure if Maxi is a proper label, but if you are wanting to use the term maxi in a denigrating way.
I use the term on myself as well. It is like using the word "geek" or "nerd" to describe who I am to other people. It's not negative to me and should not be negative to others. However, the origin of the word itself comes from a shitcoiner who wanted to denigrate us bitcoiners. To his credit, he contributed to Bitcoin Magazine a long time ago. My guess is he got emotional about his shitcoin ... we all know he isn't "normal".
I still think he's a genius.. Maybe a misguided one. Strongly opinionated. And if quantifying his current wealth from his creation, worth half a billion dollars, we can't really say anything other than, shitcoins are still shitcoins.
Yes.. have fun staying poor with that kind of thinking.
I kept saying I have not put anything more into them shitcoins than what I got for my saliva or time. But agree, time is money, it should be in money not in shitcoins.
the proof of work in bitcoin and the way that it is iterated is a BIG fucking deal including the almost perfect incentives that are provided in a variety of ways.
Everything about bitcoin is a big deal and the way all of them combine together. All the individual parts are big deals. And the combined total of all of them are greater than the sum of the parts. I was just mentioning that tidbit about hashcash.
I cannot disagree with you here. Sure it is one thing to make determinations for yourself, but the ability that you might be able to make general or specific recommendations to someone else, then that may depend upon how much time that you are able to spend with them in terms of explaining intricacies or any matter. Even recommending bitcoin can have quite a few complications, even if you might direct some location for someone to get started.. if that is Swanbitcoin or somewhere else.
My recommendations are general, but to certain specific people I get into detail telling them what exchange to use in their particular situation, and mostly to get only bitcoin. That's about it. Buy, HODL, DCA ... don't touch it for 10 years. Simple.
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