Buy the DIP, and HODL!

[Justbillywitt]

Before the drop of bitcoin the price was about $71,000  and I never expected Bitcoin will fall to the amount that it is  right now. To be honest Bitcoin at $61,000 right now is huge opportunity to buy more to hodl. It is so funny to see people not willing to buy bitcoin when the price is low but when the price of bitcoin is increasing they have this strong urge to buy just because bitcoin price is increasing. But the best time to buy bitcoin. The next increase we may likely see the price of bitcoin can 80- $85 and if the price falls dip I doubt it will go down to the at which bitcoin  is right now.  

Is bitcoin falling right now? I don't think so because it's not a fall but just a small correction especially when the previous very large increase from $15k-$71k clearly had a very positive impact so it's quite natural that bitcoin is experiencing a correction now even with some unexpected conditions such as geopolitical problems that occur in several countries now affecting it still cannot be said to be a fall because corrections like this are always considered normal.

Right now we just have to focus on what to do because it is precisely with the market correction and the current decline in bitcoin that this is a good opportunity if indeed we consider the new ATH too expensive in terms of price then now that bitcoin is at $60k why not maximize it as best as possible.

I must say that bitcoin performance is really encouraging. In the past when there is any rumors of war, or any negative news bitcoin price were always heavily affected, but recently I have been observing that even with many uncertainties around the world, Missiles are being fired and Israel promising retaliation and all of that, bitcoin price haven't been badly affected like it usually do in the past. This is to prove to use that lots of investors are hodling instead of being paper hands like what we used to have in the past. This is telling us that there is a big price push that's coming very soon. A time is coming when we all will wish for bitcoin to get back to it's current price not but it will be too late.

[1714736274]

1714736274

[1714736274]

1714736274

[Odohu]

Is bitcoin falling right now? I don't think so because it's not a fall but just a small correction especially when the previous very large increase from $15k-$71k clearly had a very positive impact so it's quite natural that bitcoin is experiencing a correction now even with some unexpected conditions such as geopolitical problems that occur in several countries now affecting it still cannot be said to be a fall because corrections like this are always considered normal.

Right now we just have to focus on what to do because it is precisely with the market correction and the current decline in bitcoin that this is a good opportunity if indeed we consider the new ATH too expensive in terms of price then now that bitcoin is at $60k why not maximize it as best as possible.

I must say that bitcoin performance is really encouraging. In the past when there is any rumors of war, or any negative news bitcoin price were always heavily affected, but recently I have been observing that even with many uncertainties around the world, Missiles are being fired and Israel promising retaliation and all of that, bitcoin price haven't been badly affected like it usually do in the past. This is to prove to use that lots of investors are hodling instead of being paper hands like what we used to have in the past. This is telling us that there is a big price push that's coming very soon. A time is coming when we all will wish for bitcoin to get back to it's current price not but it will be too late.

Yes you are right about Bitcoin recent performance and that is mainly because people have began to understand Bitcoin better; the faith and confidence of people in Bitcoin have remarkably improved. Although the price of Bitcoin reacted negatively when the news of Iran attacking Isreal came out, the effect was not that much and the recovery was also very fast against the expectations of the mainstream media that are always very quick in spreading fear and anxiety among investors.

I was not actually expecting the drop in price to last when halving is bill to happen any moment. It is only those that lack the knowledge of how Bitcoin is designed and the event call halving that will panic during this time. What if the drop in price was mere market manipulation? Well, nothing is impossible.

[ginsan]

Yes you are right about Bitcoin recent performance and that is mainly because people have began to understand Bitcoin better; the faith and confidence of people in Bitcoin have remarkably improved. Although the price of Bitcoin reacted negatively when the news of Iran attacking Isreal came out, the effect was not that much and the recovery was also very fast against the expectations of the mainstream media that are always very quick in spreading fear and anxiety among investors.

I was not actually expecting the drop in price to last when halving is bill to happen any moment. It is only those that lack the knowledge of how Bitcoin is designed and the event call halving that will panic during this time. What if the drop in price was mere market manipulation? Well, nothing is impossible.

Bitcoin was designed to make it easier for us to transact in the midst of world chaos and Bitcoin has shown resilience when there is a lot of negative news circulating. Of course everyone doesn't want the price of Bitcoin to fall, but you know that there are two types of market situations, namely panic that makes people sell Bitcoin and also excitement that causes people to compete to buy. At this time we know that there is a war between Iran vs Israel but look at Bitcoin where the price has only corrected very little and that is Bitcoin resilience which is worth paying attention to.

In 4 hours the Bitcoin halving will occur, this moment is always anticipated by Bitcoin holders because the halving occurs once every 4 years. We are here also celebrating the bitcoin halving with our family and there is also great hope that in the coming years many countries will adopt Bitcoin as their currency.

[JayJuanGee]

Those with full knowledge hardly argue about BTC and shiltcoin but sort the best way that will be favourable on their investment and holding BTC, I realized though I am still  regarded as newbie that most people who compare it argue about BTC and hoping shiltcoin has something to offer are mostly newbie's.
I have come to understand within my little knowledge on this forum no matter which ever method used in investing in btc it's more profitable than investing it on shiltcoin, there is no reason one wasting it time in anything shiltcoin when BTC has made a way to accommodate all sort of people and their level of income, through the DCA method you must not start big but with time you will accumulate greater BTC and this will give rest of mind instead of using because of cheap nature of shiltcoin and run after and comparing at the end it fall you lose all your time, energy and money,were as BTC remain unshakable the best is going for BTC and avoid comparison.

Surely, I prefer to tell newbies to just say no to shitcoins, yet at the same time, each of us has to recognize and appreciate that everyone has to learn at his/her own pace, and surely sometimes people are not really going to learn or know about bitcoin or how it relates to shitcoins until they consider some of the relationships - yet I still think that if newbies figure out ways to learn about bitcoin first and to establish a decently strong investment practice in regards to bitcoin first, then maybe after a bit of time they can start to look at and consider various shitcoins, but at least if they are doing it from a position of already having had developed knowledge in regards to bitcoin, then they should be in a better place rather going into shitcoins and considering that they have some kind of an equal or similar role as bitcoin...

Another thing when starting with shitcoins would be best to presume that they are a scam or that they are an affinity scam upon bitcoin, so presume that there is something wrong with them including that they are intending to rug pull users at some point, and another thing would be that if you do start to explore shitcoins, then there is no need to come to bitcoin-focused threads like this one and to talk positively about them.. but instead go to some shitcoin threads and discuss those matters within the appropriate other threads that are related to whichever shitcoins you are wanting to discuss.

I will say that shitcoins and trading goes together because they are related to gambling and come with great loss when practice.

I totally disagree with this statement here, trading and shit coin has nothing to do with each other, shit coin to me is what most of this developer used to rip investors of their hard earned money, while trading is a craft that comes with it own risk no doubt, but if you actually knows the craft and how to navigate your way around it bro, you will definitely be a profitable traders, so stop comparing shit coin to trading, because it's a craft you must masters for you to be successful in.

Even if you are correct about shitcoins being wonderful places to make a lot profits, this thread is not about shitcoins or trading, so why is there any need to defend what you believe to be your way to success. 

It is not relevant in this thread, even if you might be correct, which I doubt that you are correct or that you should even trying to argue about the topic, especially since you already conditioned the idea of success upon "actually knowing the craft and how to navigate" .. fuck that dumb nonsense of wasting time, money and energies trying to figure out which shitcoin happens to be less shitty than other shitcoins.... or other dumb pump and dump ideas that really is not related to the ideas of long-term investing that we are talking about in this thread in regards to bitcoin accumulation.

But it's more ideal to focus more buying and holding of Bitcoin true the dca accumulating strategy, because to me, it's the easiest way to build wealth overtime, it's what I believe that everyone can do and be successful, as long as you are a long term thinker.

On this part you are correct, so why do you feel any need to defend shitcoins, as if we need to give shitcoins and/or trading and/or gambling any kind of benefit of the doubt.  We don't.  In fact, we should do the exact opposite, which is to be skeptical of any shitcoins, and consider them to be scams, but you want to argue otherwise.   

[virasog]

I must say that bitcoin performance is really encouraging. In the past when there is any rumors of war, or any negative news bitcoin price were always heavily affected, but recently I have been observing that even with many uncertainties around the world, Missiles are being fired and Israel promising retaliation and all of that, bitcoin price haven't been badly affected like it usually do in the past. This is to prove to use that lots of investors are hodling instead of being paper hands like what we used to have in the past. This is telling us that there is a big price push that's coming very soon. A time is coming when we all will wish for bitcoin to get back to it's current price not but it will be too late.

All the negativity news about bitcoin and also about the geopolitical situation have the least negative effect on bitcoin effect on bitcoin in the long run. This is because people know that bitcoin is the safest investment that has no inflation. Even the Gold which has the highest market cap does possess some inflation.

For those people who think that 60-65K prices are higher for bitcoin, there will be a time when those people will be willing to buy bitcoin even about 100K bitcoin. Right now, if anyone can buy and hold as many bitcoins as possible, it will surely help him achieve financial independence in the near future.

[Kwarkam]

I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.

Actually, aren't they? Shitcoins are shit. Whether they have been shit for a while, or new . Why is Bitcoin so different from shitcoin?
Here's why.
 Bitcoin has value because it can be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is in demand by investors interested in the possibility of returns. . Emphasis on the last part.
Bitcoin can easily be traded for cash or assets like gold - instantly and with incredibly low fees. This makes Bitcoin a great investment for people looking for short-term profit, as well as those considering long-term investment due to its high market demand. The total number of BTC ever to be in existence is capped at 21 million. This scarcity creates a sense of value and exclusivity, similar to precious metals like gold. Insofar as the demand for Bitcoin increases over time, the limited supply acts as a catalyst, driving its price higher  and higher, do you get that?



Bitcoin (BTC)
Market cap
$1.30 Trillion
Current price
$66.221
.
Shitcoin 1(ETH)
Market cap
$390 Billion
Current price
$3,254
.
ShitCoin2 (BNB)
Market cap
$86.3 Billion
Current price
$577
.

Shitcoin 3(SOL)
Market cap
$69 Billion
Current price
$154.53

Investing in shitcoins is simply gambling. Shouldn't be referred to as investment.  If you didn't get it, read it again. Any and every coin that isn't Bitcoin is shitty. Bitcoin has proven to be the one and only time and time again.

[ultrloa]

I must say that bitcoin performance is really encouraging. In the past when there is any rumors of war, or any negative news bitcoin price were always heavily affected, but recently I have been observing that even with many uncertainties around the world, Missiles are being fired and Israel promising retaliation and all of that, bitcoin price haven't been badly affected like it usually do in the past. This is to prove to use that lots of investors are hodling instead of being paper hands like what we used to have in the past. This is telling us that there is a big price push that's coming very soon. A time is coming when we all will wish for bitcoin to get back to it's current price not but it will be too late.

All the negativity news about bitcoin and also about the geopolitical situation have the least negative effect on bitcoin effect on bitcoin in the long run. This is because people know that bitcoin is the safest investment that has no inflation. Even the Gold which has the highest market cap does possess some inflation.

For those people who think that 60-65K prices are higher for bitcoin, there will be a time when those people will be willing to buy bitcoin even about 100K bitcoin. Right now, if anyone can buy and hold as many bitcoins as possible, it will surely help him achieve financial independence in the near future.

Those negative news they are spreading will just help people to know that bitcoin is safe investment since despite of those many bad news or controversy they are spreading bitcoin still manage to stay more stronger,rise its value over the years and continues to get a lot of fame that's why a lot of investors are thinking about adding bitcoin as one of their investment option since they find it cool to have especially the rise of bitcoin is pretty much amazing if we base it on statistics.

$60k - $65k at current situation where the awareness of people about bitcoin investment is high then its expected to see this price since demand set this that's why for people that can't afford to buy a whole bitcoin which been discussed many times by I think a lot of people, anytime they could decide to buy whatever figures they want since this is not huge reduction to our investment to us since what's important in that case is we have some share that been acquired for future used. For sure 6 digits figures will be acquired in next following years so for sure those people who believe will be so lucky to gain some profit on their investment in bitcoin.

[rojan]

[edited out]

Instead of getting mad about his opinion its better to correct him with right information since there's nothing gonna happen if he's also been triggered with the post replied in this thread. Maybe redirect him to some information that can change his mindset towards the difference between those shitcoins so he can totally avoid them. Its understandable on why those people compare bitcoin to other shitcoins since maybe they are looking only at the way how people trade it. But some people don't realize that there are more deeper use case for bitcoin and there's nothing to lose especially if they made a right decision to hold it for long time.

They would only say its the same if the frequently trading it and lose on its volatility but if they know how good it is for long term maybe their opinion will change and will agree that bitcoin is different also more better on what he taught.

We have now AI can help their research more faster so I suggest if they want to learn a lot of information about bitcoin then they should seek the help of AI since their researching will became more convenient and they could learn a lot maybe on short period of time if they can digest all the information they read.

There is nothing wrong with getting mad at forum members who say dumb things, and part of our way of learning may well come through interaction and pointing out how dumb some members are in terms of their presentation of ideas, especially when they either convolute bitcoin with shitcoins or they act like they know what bitcoin is, and they are ultimately spreading misinformation that convolutes bitcoin with shitcoins..

Your suggestion to learn through AI comes off as very short-sighted, since people still should be engaging in their own critical thinking rather than having information fed to them, which information may well not be as accurate as you might believe it to be, unless you understand its sources, so I doubt that we should expect people to be saved from their own dumbness through AI tools rather than needs to think for themselves and preferences to engage in critical thinking in order to be able to sort between good information and bad information, which truly there are a lot of ways that people can become confused in their lack of understanding of bitcoin through the convolution of shitcoins within the mix and the framing.

The problem here is understanding of what shitcoins and Bitcoin is. I don't really blame members on this forum that still don't understand and can't differentiate between both, the wrong information has been assimilated and is really hard for them to detached themselves that's why they argue blindly. And this kind of debates leads to good result to enlighten such members.

Sorting for AI will do no good for such topic as there will be no proper foundational knowledge or breakdown, AI is programmed and runs on information passed on by the programmer we shouldn't give our 100 on it and leave the process of personal research. The only recommendation necessary is Studying Everything about Bitcoin and Cryptocurrency related Materials This will give indepth knowledge, clarify and purged them of the bad information.

you should not blame anybody because what nice people to join a wrong investment is based on the lack to make a proper research concerning the particular investment that they want to venture into because a shitcoins can be identified able based on your research, but if you don't make a research you will not know a good shitcoin that worth to invest, that is why I always emphasizing on someone to make a research because you cannot compare this shitcoin with a Bitcoin because bitcoin have a more influence more than all this coins.

This thread is strictly for bitcoin discussion. Even though you do proper research on shitcoins, you can never find a good one because all shitcoins are created to rip investors off their money. The best way to stay safe is never to invest in shitcoin. Stop saying some shitcoins are good to invest in before newbies will be misled, and to hell with shitcoins.

Yes know everyone talks about bitcoin here but maybe he talks about shitcoin without understanding. But I think those who are smart never want to lose their money. Everyone wants to invest and earn money. But if someone invests in shitcoin.  If you are thinking of making money then you will be very foolish because investing in shitcoin is a big risk. I always advise to invest in bitcoin even if it is a small profit. If you invest in bitcoin our invested money will be very safe. That's why I always trust bitcoin.

[Justbillywitt]

In as much as you are right in few of your expression, I dis agree with you mate, with your Short sighted way of spreading negative messages about Bitcoin by sounding so crazy in your narrative of what you think Bitcoin is, Bitcoin is one of the best if not the best when it comes to the world digital assets class and has proven beyond every reasonable dout about it's potentials from history since it's inception or invention , Bitcoin is not as risky as some people claims or proclaim but he I don't give a fuck about what you think Bitcoin is, because Bitcoin has made a significant outstanding performance, which gives you total control over your money, enabling borderless transactions, offering protection against inflation, preserving privacy, and as well creating an investment opportunity, Bitcoin is a save haven,  Bitcoin  is a store of value and wealth . You don't have to be dump and refused /failing to see the beauty of the potentials Bitcoin holds.

And it'll be sad if you didn't get that part, mate.  Also I implied the volatility of cryptocurrency in general when I said Bitcoin can fall, and all of that. Not necessarily that it's a bad investment choice. And making the said implication, is all with regards to  short term investors.

When you mention cryptocurrency in general, are you referring to bitcoin together with the other shitcoins? Why not simply use bitcoin and your points will be well understood and appreciated rather than deviating with your words which often make people think that the other shitcoins have the same validity as bitcoin? Efforts have been made by @JayJuanGee to encourage people to retain the word bitcoin in their discussion so that people do not confuse bitcoin with shitcoins that often bring bad reputation and prone to scams. So if you will be so kind, continue using bitcoin in comments and that will be just fine. It has all the attributes you are trying to explain.

Obviously, Bitcoin is among cryptocurrencies but the reason why we make Bitcoin of more in this discussion is because it is our most priority and the asset we have in our individual portfolio and all other cryptos come under Bitcoin that is why Bitcoin is taken to be a volatile asset. Our main objective here is focused on buying and hodling no matter the price of Bitcoin that is why the DCA is advisable then if there comes a dip, an investor with high source of income or that have reserved funds can choose to lump sum and still continue the DCA
Bitcoin being a high volatile asset needs time before your investment can boom to a certain height that is why anyone venturing into bitcoin need endurance and patience because it is not just about buying and selling but buying and hodling for the future because a greater fruit awaits your investment there.

Shitcoins probably doesn't have any future that is why we don't include shitcoins in this thread, we are more concerned about a guaranteed asset like Bitcoin and if we look at the growth and adoption of Bitcoin since it was introduced, we can have that feeling of safety and security of our Bitcoins as proud hodlers.

I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.

Bitcoin is the father the originator the one among the rest but this doesn’t mean Bitcoin is the only one, with more incoming innovations in the crypto space we’ve witnessed the rise of other crypto currency’s some which have come to stay like Bitcoin and others which have fallen off,
These experiences only helped us learn how to identify substantial projects that’ll last the test of time line Bitcoin, I’ll say not all coins aside Bitcoin are shitcoins.

Will you pause and learn? Don't argue blindly even when you know that you are wrong yet you refuse to take correction. Those coins you are mentioning aside bitcoin are all shit coins and they are telling you to stay away from them yet you are arguing as if you know everything. This is how you newbies will go about and get yourself hurt that's when you will start regretting. Don't think that any coin will grow to have more  relevance like bitcoin. Firstly they are not decentralized like bitcoin which means they can vanish anytime. You can just wake up one morning and hear that such shitcoins has crashed and there is nothing you can do about it, but in the case of bitcoin there can never be anything like that. So when experienced people are talking to you about bitcoin and shitcoins, listen to their advise and stay away from shitcoins.

[laijsica]

[edited out]

Instead of getting mad about his opinion its better to correct him with right information since there's nothing gonna happen if he's also been triggered with the post replied in this thread. Maybe redirect him to some information that can change his mindset towards the difference between those shitcoins so he can totally avoid them. Its understandable on why those people compare bitcoin to other shitcoins since maybe they are looking only at the way how people trade it. But some people don't realize that there are more deeper use case for bitcoin and there's nothing to lose especially if they made a right decision to hold it for long time.

They would only say its the same if the frequently trading it and lose on its volatility but if they know how good it is for long term maybe their opinion will change and will agree that bitcoin is different also more better on what he taught.

We have now AI can help their research more faster so I suggest if they want to learn a lot of information about bitcoin then they should seek the help of AI since their researching will became more convenient and they could learn a lot maybe on short period of time if they can digest all the information they read.

There is nothing wrong with getting mad at forum members who say dumb things, and part of our way of learning may well come through interaction and pointing out how dumb some members are in terms of their presentation of ideas, especially when they either convolute bitcoin with shitcoins or they act like they know what bitcoin is, and they are ultimately spreading misinformation that convolutes bitcoin with shitcoins..

Your suggestion to learn through AI comes off as very short-sighted, since people still should be engaging in their own critical thinking rather than having information fed to them, which information may well not be as accurate as you might believe it to be, unless you understand its sources, so I doubt that we should expect people to be saved from their own dumbness through AI tools rather than needs to think for themselves and preferences to engage in critical thinking in order to be able to sort between good information and bad information, which truly there are a lot of ways that people can become confused in their lack of understanding of bitcoin through the convolution of shitcoins within the mix and the framing.

The problem here is understanding of what shitcoins and Bitcoin is. I don't really blame members on this forum that still don't understand and can't differentiate between both, the wrong information has been assimilated and is really hard for them to detached themselves that's why they argue blindly. And this kind of debates leads to good result to enlighten such members.

Sorting for AI will do no good for such topic as there will be no proper foundational knowledge or breakdown, AI is programmed and runs on information passed on by the programmer we shouldn't give our 100 on it and leave the process of personal research. The only recommendation necessary is Studying Everything about Bitcoin and Cryptocurrency related Materials This will give indepth knowledge, clarify and purged them of the bad information.

you should not blame anybody because what nice people to join a wrong investment is based on the lack to make a proper research concerning the particular investment that they want to venture into because a shitcoins can be identified able based on your research, but if you don't make a research you will not know a good shitcoin that worth to invest, that is why I always emphasizing on someone to make a research because you cannot compare this shitcoin with a Bitcoin because bitcoin have a more influence more than all this coins.

This thread is strictly for bitcoin discussion. Even though you do proper research on shitcoins, you can never find a good one because all shitcoins are created to rip investors off their money. The best way to stay safe is never to invest in shitcoin. Stop saying some shitcoins are good to invest in before newbies will be misled, and to hell with shitcoins.

Yes know everyone talks about bitcoin here but maybe he talks about shitcoin without understanding. But I think those who are smart never want to lose their money. Everyone wants to invest and earn money. But if someone invests in shitcoin.  If you are thinking of making money then you will be very foolish because investing in shitcoin is a big risk. I always advise to invest in bitcoin even if it is a small profit. If you invest in bitcoin our invested money will be very safe. That's why I always trust bitcoin.

Investing in bitcoin makes little profit - the quote you gave is largely untrue. If you invest today and decide to sell tomorrow or a week or a month later (trading business) then you are little satisfied. But investing in bitcoin exposes you to short-term risk. But if you are looking for a long-term investment decision and looking for a way to accumulate bitcoins through market analysis, then it is an easier investment for you. By market analysis I mean that you are in a buying at the dip which gives you more confidence in investing.

[Roseline492]

I must say that bitcoin performance is really encouraging. In the past when there is any rumors of war, or any negative news bitcoin price were always heavily affected, but recently I have been observing that even with many uncertainties around the world, Missiles are being fired and Israel promising retaliation and all of that, bitcoin price haven't been badly affected like it usually do in the past. This is to prove to use that lots of investors are hodling instead of being paper hands like what we used to have in the past. This is telling us that there is a big price push that's coming very soon. A time is coming when we all will wish for bitcoin to get back to it's current price not but it will be too late.

All the negativity news about bitcoin and also about the geopolitical situation have the least negative effect on bitcoin effect on bitcoin in the long run. This is because people know that bitcoin is the safest investment that has no inflation. Even the Gold which has the highest market cap does possess some inflation.

For those people who think that 60-65K prices are higher for bitcoin, there will be a time when those people will be willing to buy bitcoin even about 100K bitcoin. Right now, if anyone can buy and hold as many bitcoins as possible, it will surely help him achieve financial independence in the near future.

Though I doubt if there is any negative influence any bad news will have on Bitcoin even on the long run because I believe this is not the first time that most people have been saying all kinds of things about Bitcoin even when they knows nothing about it, and it has never really affected Bitcoin growth in anyway instead it keeps growing and even most people that ones talk bad against Bitcoin has realized themselves and venture into Bitcoin do to the opportunity they saw on Bitcoin.

However in terms of those who consider $60 to $65k as a higher price to buy Bitcoin they are obviously making a mistake because while they feel the price will drop some more that's when it will move to the opposite direction, so however I agree with you because there would come a time those people that was saying $65k is too high to buy Bitcoin will have no option but to buy when the price has gone to $100k so this actually a good moment to buy.

[usekevin]

Even if you are correct about shitcoins being wonderful places to make a lot profits, this thread is not about shitcoins or trading, so why is there any need to defend what you believe to be your way to success.  

It is not relevant in this thread, even if you might be correct, which I doubt that you are correct or that you should even trying to argue about the topic, especially since you already conditioned the idea of success upon "actually knowing the craft and how to navigate" .. fuck that dumb nonsense of wasting time, money and energies trying to figure out which shitcoin happens to be less shitty than other shitcoins.... or other dumb pump and dump ideas that really is not related to the ideas of long-term investing that we are talking about in this thread in regards to bitcoin accumulation.

It’s true the possibility of earning more from shit coin can become a real one in the bull run.Because the bull run always impacts almost all the cryptocurrency.Even the shitcoin will have the potential for the bull run in a market atleast once in a year.If the trader had made the good analysis about the market flow and the price chart of the particular coin means,it help the trader to earn the money from the shitcoin too.The pump and dump is not the assets of the potential coin in the crypto currency.So it also helps the trader to make the profit from the shitcoin sometimes based on the price change in market respect to the trader opinion on his potential.

On this part you are correct, so why do you feel any need to defend shitcoins, as if we need to give shitcoins and/or trading and/or gambling any kind of benefit of the doubt.  We don't.  In fact, we should do the exact opposite, which is to be skeptical of any shitcoins, and consider them to be scams, but you want to argue otherwise.  

The shitcoin is the coin with less potential to get into high value or sometimes take huge time for the next pump.They also doesn’t change with respect to change of the entire market.For this the traders call coins as the shitcoin.But the gambling was totally different,because the traders who have good strategies can make money in the gambling site.But the gamblers without the strategies will loss their money in the gambling site all the time.Traders also able to make money with strategies like gamblers.

[Troytech]

Those with full knowledge hardly argue about BTC and shiltcoin but sort the best way that will be favourable on their investment and holding BTC, I realized though I am still  regarded as newbie that most people who compare it argue about BTC and hoping shiltcoin has something to offer are mostly newbie's.
I have come to understand within my little knowledge on this forum no matter which ever method used in investing in btc it's more profitable than investing it on shiltcoin, there is no reason one wasting it time in anything shiltcoin when BTC has made a way to accommodate all sort of people and their level of income, through the DCA method you must not start big but with time you will accumulate greater BTC and this will give rest of mind instead of using because of cheap nature of shiltcoin and run after and comparing at the end it fall you lose all your time, energy and money,were as BTC remain unshakable the best is going for BTC and avoid comparison.

Surely, I prefer to tell newbies to just say no to shitcoins, yet at the same time, each of us has to recognize and appreciate that everyone has to learn at his/her own pace, and surely sometimes people are not really going to learn or know about bitcoin or how it relates to shitcoins until they consider some of the relationships - yet I still think that if newbies figure out ways to learn about bitcoin first and to establish a decently strong investment practice in regards to bitcoin first, then maybe after a bit of time they can start to look at and consider various shitcoins, but at least if they are doing it from a position of already having had developed knowledge in regards to bitcoin, then they should be in a better place rather going into shitcoins and considering that they have some kind of an equal or similar role as bitcoin...

Another thing when starting with shitcoins would be best to presume that they are a scam or that they are an affinity scam upon bitcoin, so presume that there is something wrong with them including that they are intending to rug pull users at some point, and another thing would be that if you do start to explore shitcoins, then there is no need to come to bitcoin-focused threads like this one and to talk positively about them.. but instead go to some shitcoin threads and discuss those matters within the appropriate other threads that are related to whichever shitcoins you are wanting to discuss.

I will say that shitcoins and trading goes together because they are related to gambling and come with great loss when practice.

I totally disagree with this statement here, trading and shit coin has nothing to do with each other, shit coin to me is what most of this developer used to rip investors of their hard earned money, while trading is a craft that comes with it own risk no doubt, but if you actually knows the craft and how to navigate your way around it bro, you will definitely be a profitable traders, so stop comparing shit coin to trading, because it's a craft you must masters for you to be successful in.

Even if you are correct about shitcoins being wonderful places to make a lot profits, this thread is not about shitcoins or trading, so why is there any need to defend what you believe to be your way to success. 

It is not relevant in this thread, even if you might be correct, which I doubt that you are correct or that you should even trying to argue about the topic, especially since you already conditioned the idea of success upon "actually knowing the craft and how to navigate" .. fuck that dumb nonsense of wasting time, money and energies trying to figure out which shitcoin happens to be less shitty than other shitcoins.... or other dumb pump and dump ideas that really is not related to the ideas of long-term investing that we are talking about in this thread in regards to bitcoin accumulation.

It's quite disappointing that for a while now the argument or topic of discussion on this thread has been a comparison between shitcoins and bitcoin which is quite absurd cause we have abolished such and more over the focus of the thread should be on how to buy bitcoin and better ways to accumulate bitcoin as it has been before this argument came up.

I'm definitely tired of anyone trying to prove a point to me about shitcoin cause we all know and have our personal ideals about this matter and those should be kept off this thread, if anyone wants to talk about shitcoins there is an entire altcoin section on this thread and you can visit there to say all your bullshit and all help keep this thread clean.

[avp2306]

Investing in bitcoin makes little profit - the quote you gave is largely untrue. If you invest today and decide to sell tomorrow or a week or a month later (trading business) then you are little satisfied. But investing in bitcoin exposes you to short-term risk. But if you are looking for a long-term investment decision and looking for a way to accumulate bitcoins through market analysis, then it is an easier investment for you. By market analysis I mean that you are in a buying at the dip which gives you more confidence in investing.

You will only get a little profit if you acquire bitcoin then trade it for short term. Also the risk to lose is so high knowing that bitcoin market is volatile that's why its not recommended to be done by people if they want to invest their money on bitcoin. Long term is best for this that's why its good for people to know a lot more knowledge about this since they can learn a lot of strategies on how to make their hodl plan became successful.

But also how do we know actually that this is the best dip to buy? Maybe for waiting for that to happen we miss a lot of opportunities or maybe we just missed to buy some because for keep waiting we became doubtful and start to afraid to accumulate. So if you really want to hold the best time to buy is now not tomorrow and also for not waiting those dip to come.

[bestcoins1]

Yes know everyone talks about bitcoin here but maybe he talks about shitcoin without understanding. But I think those who are smart never want to lose their money. Everyone wants to invest and earn money. But if someone invests in shitcoin.  If you are thinking of making money then you will be very foolish because investing in shitcoin is a big risk. I always advise to invest in bitcoin even if it is a small profit. If you invest in bitcoin our invested money will be very safe. That's why I always trust bitcoin.

Apart from being more suitable for investment, Buy the Dip and Hodl is also more suitable for Bitcoin so we don't need to suggest anything else to be able to implement this because it is not very suitable when we look at it from several things such as security and profit. It will be very futile for those whose days only think about shitcoins and use their money for shitcoins, because in the long term shitcoins are really not suitable to be relied on so the suggestions we give must be more directed towards Bitcoin without thinking about anything else.

[Wind_FURY]

I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.

Actually, aren't they? Shitcoins are shit. Whether they have been shit for a while, or new . Why is Bitcoin so different from shitcoin?
Here's why.
 Bitcoin has value because it can be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is in demand by investors interested in the possibility of returns. . Emphasis on the last part.
Bitcoin can easily be traded for cash or assets like gold - instantly and with incredibly low fees. This makes Bitcoin a great investment for people looking for short-term profit, as well as those considering long-term investment due to its high market demand. The total number of BTC ever to be in existence is capped at 21 million. This scarcity creates a sense of value and exclusivity, similar to precious metals like gold. Insofar as the demand for Bitcoin increases over time, the limited supply acts as a catalyst, driving its price higher  and higher, do you get that?



Bitcoin (BTC)
Market cap
$1.30 Trillion
Current price
$66.221
.
Shitcoin 1(ETH)
Market cap
$390 Billion
Current price
$3,254
.
ShitCoin2 (BNB)
Market cap
$86.3 Billion
Current price
$577
.

Shitcoin 3(SOL)
Market cap
$69 Billion
Current price
$154.53

Investing in shitcoins is simply gambling. Shouldn't be referred to as investment.  If you didn't get it, read it again. Any and every coin that isn't Bitcoin is shitty. Bitcoin has proven to be the one and only time and time again.

That's actually not the right explanation on what makes a shitcoin a shitcoin. Or it's probably just people having different definitions on what shitcoins actually are. BUT if you ask me, shitcoins are those networks that have incentive structures that don't make sense. They may be sort of working today, but that doesn't mean there isn't an attack vector that could be exploited tomorrow.

Those coins that you have in your list all use Proof of Stake. That itself makes POS networks open to attack vectors that could originate from flaws in its incentive-structure.

[Sim_card]

Yes know everyone talks about bitcoin here but maybe he talks about shitcoin without understanding. But I think those who are smart never want to lose their money. Everyone wants to invest and earn money. But if someone invests in shitcoin.  If you are thinking of making money then you will be very foolish because investing in shitcoin is a big risk. I always advise to invest in bitcoin even if it is a small profit. If you invest in bitcoin our invested money will be very safe. That's why I always trust bitcoin.

Apart from being more suitable for investment, Buy the Dip and Hodl is also more suitable for Bitcoin so we don't need to suggest anything else to be able to implement this because it is not very suitable when we look at it from several things such as security and profit. It will be very futile for those whose days only think about shitcoins and use their money for shitcoins, because in the long term shitcoins are really not suitable to be relied on so the suggestions we give must be more directed towards Bitcoin without thinking about anything else.

Buying and the dip is not a good suggestion for beginners who just started their bitcoin journey, because that strategy does not give them the opportunity to buy bitcoin regularly but only when the price dips. It is not easy to buy bitcoin and the dip because you may not know whan the dip will come. However, for investors who have accumulated enough Bitcoin or close to their bitcoin target can apply such buying strategy, because they have passed the accumulation stage.

A beginner or low coiner needs to accumulate bitcoin with DCA method as that is the best method, because it gives you the advantage to buy bitcoin in any price level as long as you are consistent and persistent in your weekly or monthly bitcoin purchase. The DCA method helps to grow your bitcoin investment overtime, and will help you reach your bitcoin target faster than when you buy at the dip. It is good that DCA method is our priority when we are building our bitcoin portfolio, because when building you don't stop but just keep on accumulating as long as you don't overdo it to affect you, which might make you sell from your bitcoin investment portfolio when it is not of your will.

[Spaceman1000$]

Those with full knowledge hardly argue about BTC and shiltcoin but sort the best way that will be favourable on their investment and holding BTC, I realized though I am still  regarded as newbie that most people who compare it argue about BTC and hoping shiltcoin has something to offer are mostly newbie's.
I have come to understand within my little knowledge on this forum no matter which ever method used in investing in btc it's more profitable than investing it on shiltcoin, there is no reason one wasting it time in anything shiltcoin when BTC has made a way to accommodate all sort of people and their level of income, through the DCA method you must not start big but with time you will accumulate greater BTC and this will give rest of mind instead of using because of cheap nature of shiltcoin and run after and comparing at the end it fall you lose all your time, energy and money,were as BTC remain unshakable the best is going for BTC and avoid comparison.

Surely, I prefer to tell newbies to just say no to shitcoins, yet at the same time, each of us has to recognize and appreciate that everyone has to learn at his/her own pace, and surely sometimes people are not really going to learn or know about bitcoin or how it relates to shitcoins until they consider some of the relationships - yet I still think that if newbies figure out ways to learn about bitcoin first and to establish a decently strong investment practice in regards to bitcoin first, then maybe after a bit of time they can start to look at and consider various shitcoins, but at least if they are doing it from a position of already having had developed knowledge in regards to bitcoin, then they should be in a better place rather going into shitcoins and considering that they have some kind of an equal or similar role as bitcoin...

Another thing when starting with shitcoins would be best to presume that they are a scam or that they are an affinity scam upon bitcoin, so presume that there is something wrong with them including that they are intending to rug pull users at some point, and another thing would be that if you do start to explore shitcoins, then there is no need to come to bitcoin-focused threads like this one and to talk positively about them.. but instead go to some shitcoin threads and discuss those matters within the appropriate other threads that are related to whichever shitcoins you are wanting to discuss.

The earlier they understand the cruelty of shitcoins the quicker they would flee from it, at times user's speaks from certain experiences at their beginners level, where as haven't known about the forum and get the intrinsic knowledge about Bitcoin had decided to find comfort in investing in shitcoins and this alone has landed them into disheartening circumstances and trauma, which it is of benefits for Newbies to learn from those experiences to avoid becoming a victim. Our utmost investment should rely extremely on Bitcoin, others are alternatives of Bitcoin which should not receive our interest, our priority should be focused on accumulating and storing our Bitcoin much likely at this current stage.

The thing is, most beginners don't always know that they are investing in shitcoins, nobody will see danger and confidently walk into it. Though as for some people they will always say that experience is the best teacher, so they will just leave the beginners to experience it themselves, as for me I don't encourage that lifestyle of letting beginners to find out on their, i make corrections when the need arises. however some persons have been lucky enough to get a return in investment on shitcoins but just few of them. But then, entirely we are saying it is not good to invest in some of these shitcoins because they don't have that durability and value.

[michellee]

The thing is, most beginners don't always know that they are investing in shitcoins, nobody will see danger and confidently walk into it. Though as for some people they will always say that experience is the best teacher, so they will just leave the beginners to experience it themselves, as for me I don't encourage that lifestyle of letting beginners to find out on their, i make corrections when the need arises. however some persons have been lucky enough to get a return in investment on shitcoins but just few of them. But then, entirely we are saying it is not good to invest in some of these shitcoins because they don't have that durability and value.

That's because shitcoins for them are more attractive with all the potential for high price increases. They don't know that finding the right coin will take time and is not easy because of the many shitcoins, only a few can increase.

They forget to take Bitcoin as their main investment and instead choose shitcoins as their investment. That makes them fail to profit from crypto, let alone from Bitcoin. They keep hoping for that shitcoin but in reality, they really can't get any profit.

They should be careful with shitcoins because with not many shitcoins to increase, they should return to investing in Bitcoin as their main investment. But it all depends on them. We can only provide advice.

[Mayor of ogba]

[edited out]

Instead of getting mad about his opinion its better to correct him with right information since there's nothing gonna happen if he's also been triggered with the post replied in this thread. Maybe redirect him to some information that can change his mindset towards the difference between those shitcoins so he can totally avoid them. Its understandable on why those people compare bitcoin to other shitcoins since maybe they are looking only at the way how people trade it. But some people don't realize that there are more deeper use case for bitcoin and there's nothing to lose especially if they made a right decision to hold it for long time.

They would only say its the same if the frequently trading it and lose on its volatility but if they know how good it is for long term maybe their opinion will change and will agree that bitcoin is different also more better on what he taught.

We have now AI can help their research more faster so I suggest if they want to learn a lot of information about bitcoin then they should seek the help of AI since their researching will became more convenient and they could learn a lot maybe on short period of time if they can digest all the information they read.

There is nothing wrong with getting mad at forum members who say dumb things, and part of our way of learning may well come through interaction and pointing out how dumb some members are in terms of their presentation of ideas, especially when they either convolute bitcoin with shitcoins or they act like they know what bitcoin is, and they are ultimately spreading misinformation that convolutes bitcoin with shitcoins..

Your suggestion to learn through AI comes off as very short-sighted, since people still should be engaging in their own critical thinking rather than having information fed to them, which information may well not be as accurate as you might believe it to be, unless you understand its sources, so I doubt that we should expect people to be saved from their own dumbness through AI tools rather than needs to think for themselves and preferences to engage in critical thinking in order to be able to sort between good information and bad information, which truly there are a lot of ways that people can become confused in their lack of understanding of bitcoin through the convolution of shitcoins within the mix and the framing.

The problem here is understanding of what shitcoins and Bitcoin is. I don't really blame members on this forum that still don't understand and can't differentiate between both, the wrong information has been assimilated and is really hard for them to detached themselves that's why they argue blindly. And this kind of debates leads to good result to enlighten such members.

Sorting for AI will do no good for such topic as there will be no proper foundational knowledge or breakdown, AI is programmed and runs on information passed on by the programmer we shouldn't give our 100 on it and leave the process of personal research. The only recommendation necessary is Studying Everything about Bitcoin and Cryptocurrency related Materials This will give indepth knowledge, clarify and purged them of the bad information.

you should not blame anybody because what nice people to join a wrong investment is based on the lack to make a proper research concerning the particular investment that they want to venture into because a shitcoins can be identified able based on your research, but if you don't make a research you will not know a good shitcoin that worth to invest, that is why I always emphasizing on someone to make a research because you cannot compare this shitcoin with a Bitcoin because bitcoin have a more influence more than all this coins.

This thread is strictly for bitcoin discussion. Even though you do proper research on shitcoins, you can never find a good one because all shitcoins are created to rip investors off their money. The best way to stay safe is never to invest in shitcoin. Stop saying some shitcoins are good to invest in before newbies will be misled, and to hell with shitcoins.

Yes know everyone talks about bitcoin here but maybe he talks about shitcoin without understanding. But I think those who are smart never want to lose their money. Everyone wants to invest and earn money. But if someone invests in shitcoin.  If you are thinking of making money then you will be very foolish because investing in shitcoin is a big risk. I always advise to invest in bitcoin even if it is a small profit. If you invest in bitcoin our invested money will be very safe. That's why I always trust bitcoin.

Investing in bitcoin makes little profit - the quote you gave is largely untrue. If you invest today and decide to sell tomorrow or a week or a month later (trading business) then you are little satisfied. But investing in bitcoin exposes you to short-term risk. But if you are looking for a long-term investment decision and looking for a way to accumulate bitcoins through market analysis, then it is an easier investment for you. By market analysis I mean that you are in a buying at the dip which gives you more confidence in investing.

I think he wanted to say we should invest in bitcoin, even if our investment in bitcoin is small. If you are waiting to invest in bitcoin with market analysis, you will delay your bitcoin accumulation plan because no one can actually predict the bitcoin price. As a newbie, you should stick with the DCA strategy for accumulating bitcoin; it will allow you to accumulate bitcoin at regular intervals, and it will also control your emotions. With the DCA strategy, you don't need to wait for bitcoin to dip before you can start accumulating bitcoin because you will be accumulating bitcoin even though it is increasing and decreasing.