ONLY negative. Just practice. Maybe go to the mere every day and figure out a few negative things to say about shitcoins, and then once get used to practicing, then it will be easier here.
I'm not that type of person sorry, but I do refrain from talking about shitcoins in this thread. I always think positive about many things. The existence of shitcoins is actually positive for bitcoin.
I would not frame the existence of shitcoins as a positive for bitcoin, but it is a real anticipated phenomenon that a lot of fucking dumb people (and even some smart ones) are going to get involved in snake oil salesman imitations. Satoshi has a post saying something like that, so he anticipated such a phenomenon from the beginning... does not mean that it is a positive for bitcoin, even if some positive discoveries and developments can be sourced to the existence of shitcoins.
Yeah, but it is NOT on topic.
Many things aren't, but you seem to be responding to this particular stimuli.
Of course, it has been the case for years that the only off-topicness that really matters and has deleterious effects in the thread if attempting to talk positively or "neutrally" about shitcoins is allowed to persist.. needs to be nipped in the bud whenever it happens.. otherwise you have ongoing talk about shitcoin x, y z.... blah blah blah.. and there are more than 8k possible shitcoins with their various stupid-ass talking points, whether ethereum, doge, various bcashes or some of the other random and unimportant of the 8k shitcoins.
Other topics fade away sooner or later and they are no real threat to the on-topicness of the thread.
Again, you are trying to make this about me.. and fuck that.. if you either want to talk positively or "neutrally" about shitcoins in this thread, its more about you wanting to change the thread rather than me getting worked up about it... because I am ONLY attempting to express the sentiments of the thread overall.. and sure I don't reflect the rules and I might not even get it right exactly.. but I have a pretty decent sense that attempting to either talk positively or neutrally about some shitcoins is very problematic.. unless it is merely an incidental occurrence that is tied to some other relevant thing that you are attempting to discuss.
Oh? It sounded to me that you were criticizing me for not being diversified enough into other projects... or kind of a vague criticism, but still.
I don't think I was talking to you specifically or about you, as I understand clearly you are not into any sort of "diversifications" or "allocations" as far as bitcoin and the rest are concerned. I know that, and I'm into that, so ... don't know where it seems that you thought I was criticizing or anything.
I am NOT against diversification. In 2013, I started out getting into bitcoin by having a variety of investments including some that have pretty much enough income to sustain me at basic levels.. So part of the reason that I got into bitcoin was to diversify a bit away from the dollar. The more that I thought about a variety of my investments that I had at that time, the more that thought that they were quite considerably connected to the dollar and I needed some hedging in my overall plan. When I looked into gold, there were various aspects that I did not like, including costs of actual physical gold, and encumbrances of actually having to manage physical gold, and the paper gold prevalence caused me some concerns about the possibility that gold was also not sufficiently non correlated with the dollar, and when I found bitcoin, I nearly immediately considered it as a potentially pretty decent complement to my
thinking at the time about what I needed in my investment portfolio.
Also, in late 2013, I had a decent extra chunk of money that I was needing to invest and right before looking into bitcoin, I had invested about 1/4 of that money into a variety of index funds of varying categories, so when I found out about bitcoin, I pretty much allocated the remaining 3/4 towards investing into bitcoin for the next 6 months (which was largely between December 2013 and May 2014), and that I would research further into bitcoin. Furthermore, I immediately put a very small chunk into around 7 altcoins, just so that I could monitor them as well over the next 6 months while I was considering what further to do in regards to what I had allocated into bitcoin and whether I would continue after my first 6 months, which I did end up continuing with ongoing DCA investing and accumulating and even after about a year had passed, that initial 1/4 that I had invested in other funds, I did end up withdrawing from those other funds and putting that into bitcoin in November / December 2014.
So I am not really against diversification because I have continued to stay diversified, even in late 2014 when I was considering taking about half of my then 401k amount and putting it into bitcoin, which would have largely doubled my then BTC investment. I decided against it, partially based on the grounds that it is good to remained somewhat diversified and my then nearly 10% allocation into bitcoin (when measuring my total quasi-liquid investment portfolio) was sufficiently enough to keep into bitcoin.
O.k... so in regards to bitcoin and the rest of crypto, I have quite a bit of difficult times considering diversifying beyond bitcoin because bitcoin represents the category and the thing that I was attempting to achieve, which was a hedge against the dollar. The rest of crypto is either dependant on what bitcoin does - so diversifying into other cryptos largely seems to just add additional risk without really achieving much if anything that bitcoin cannot already accomplish.. and surely I don't want to get invested into various scams, either.
So I continue to just NOT be into any of the other cryptos, even thought I own a wee bit of about 6 different coins (I believe which are different from what I had bought in late 2013, because I sold all of my late 2013 altcoins and I repurchased my current shitcoins (or I was airdropped) in 2017-ish. They are XMR, ETC, ETH, LTC, BTG and BNB. I just did a quickie ballpark estimation of my BTC holdings, cash holdings (dedicated to Bitcoin - I count USDT as cash even though officially it is not but whatevers) and shitcoins, and the value of all of those shitcoins put together add up to about 0.7% of my total BTC/cash value, and that is putting my cash (including USDT which is about 1/3 of my cash) at about 3% and BTC at 96.3%..
So, I am not against diversification, and when it comes to "crypto" if you believe that you might be achieving some kind of objective that you want to achieve by diversifying outside of bitcoin, then that remains a choice that each person is free to make. I don't see any need in my portfolio for any non bitcoin crypto besides the wee bit that I already hold or if I were to come across some project that might seem interesting I might invest, but likely it would be somehow related to bitcoin rather than some non-bitcoin crypto project.. but never say never, if I were to come across something that seems interesting to me and I don't get a sense that it is a scam from the start.
By the way, like quite a lot of bitcoin (and even crypto) peeps, I have quite a bit of extra value that I could throw at various projects if anything were to strike me. I do have one or two projects already in mind in terms of putting my value into them, but those would largely be kinds of broader giving back to bitcoin type projects with general bitcoin applicability rather than anything that I would expect a return on - and I suppose if I were to get any return, I would just fold back into the projects and those projects are merely in rudimentary states of thinking through rather than really setting anything up yet... I might start a thread on it when I get a bit further along... perhaps.
Let shitcoiners be shitcoiners, sometimes people just need to go through that to learn something.
I am not attempting to say that the shitcoiners should not be able to shitcoin. Just get the fuck out of here with that nonsense... there are a lot of places that they can shitcoin, and I am not criticizing those conversations from taking place.. and I don't tend to go to any of those places either..
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