Buy Buy Buy or Sell Sell Sell?

[Felicity_Tide]

for me I know that the best time to make a profit for buying and selling of Bitcoin is when you have a target of when you buy from them and make a profit so the best opportunity for me is one an investor to purchase exactly when the price of Bitcoin is going very dip so that when you purchase within interval of this month the most to be a change in the market so that when you said you can update make a proper profit from your investment.

setting of target while you're buying your Bitcoin is so essential that it's what determines when you should or shouldn't sell your Bitcoin regardless of your current profit status in your Bitcoin investments journey. Part of the reason why some people are eager to sell their Bitcoin whenever they are in the slightest profit or when they experience some DIP that's taking longer before it gets back to becoming bullish is that they are just buying and don't have a target they are hoping to get to for a particular time frame.

Setting target shouldn't be more of trying to set a range of value that you would want to buy and another range of value that you wouldn't buy. It rather involves  setting an amount like getting to $40k before the end of a circle which will make you break down your target into a one year plan and then a one month plan and possibly a weekly plan and what will aid you to carry out this plan and effectively reach your target would be to follow up with your accumilation with the use of the DCA method which obviously is the surest way that will help you to reach your target the way you've set it out.

The interesting thing with setting targets is that it gives us investment discipline, which prevents us from taking certain decisions that would affect our investment along the line. Most people are not disciplined enough, thereby allowing bad Market condition to pressure them into selling even when they don't plan on selling. And also, setting our target also teaches us on when to enter and exit the market, so we don't incur heavy losses at the end.

[promise444c5]

One thing is that buying a Bitcoin and the selling a Bitcoin all these have a strategies and if you don't follow such a strategies I don't think that you'll be able to make a profit through buying and the selling of Bitcoin for me I know that the best time to make a profit for buying and selling of Bitcoin is when you have a target of when you buy from them and make a profit so the best opportunity for me is one an investor to purchase exactly when the price of Bitcoin is going very dip so that when you purchase within interval of this month the most to be a change in the market so that when you said you can update make a proper profit from your investment.

There're stage where there would be a need for withdrawal strategy for One's accumulation but definitely not for a beginner  whose in for just a year depending on amount stashed already... there's  a withdrawal strategy  brought  by JJG called JJG Sustainable Bitcoin Withdrawal Strategy I think the idea was to create a sustainable  withdrawal for bitcoin  while you hold you coin [ JayJuanGee can correct me on this if I'm wrong].

[JayJuanGee]

One thing is that buying a Bitcoin and the selling a Bitcoin all these have a strategies and if you don't follow such a strategies I don't think that you'll be able to make a profit through buying and the selling of Bitcoin for me I know that the best time to make a profit for buying and selling of Bitcoin is when you have a target of when you buy from them and make a profit so the best opportunity for me is one an investor to purchase exactly when the price of Bitcoin is going very dip so that when you purchase within interval of this month the most to be a change in the market so that when you said you can update make a proper profit from your investment.

There're stage where there would be a need for withdrawal strategy for One's accumulation but definitely not for a beginner  whose in for just a year depending on amount stashed already... there's  a withdrawal strategy  brought  by JJG called JJG Sustainable Bitcoin Withdrawal Strategy I think the idea was to create a sustainable  withdrawal for bitcoin  while you hold you coin [ JayJuanGee can correct me on this if I'm wrong].

Basically correct, promise444c5.. .an ongoing holding of BTC and shaving off rather than completely cashing out or even presuming any abilities to make money with trading.

My presumption in regards to when sustainable withdrawal is meaningful to employ is after you have already reached a status of over accumulation of BTC - and surely it is up to each of us to figure out what level of BTC accumulation that might be in order to achieve "overaccumulation"... and surely if one wants an income of $80k per year, then he might need to acquire anywhere between $800k and $2 million in BTC wealth, depending upon what he might conclude to be a sustainable withdrawal rate (whether 10% or 4% or some other amount). 

I personally believe if we use the 200-WMA as our means to measure the valuation of our BTC, then we could use 10% as our sustainable withdrawal rate, for bitcoin, even though in traditional assets many times 4% is used as a kind of default standard. and so presumes that your underlying investments will grow at least as fast as the rate that you are withdrawing value from them. 

[I_Anime]

One thing is that buying a Bitcoin and the selling a Bitcoin all these have a strategies and if you don't follow such a strategies I don't think that you'll be able to make a profit through buying and the selling of Bitcoin for me I know that the best time to make a profit for buying and selling of Bitcoin is when you have a target of when you buy from them and make a profit so the best opportunity for me is one an investor to purchase exactly when the price of Bitcoin is going very dip so that when you purchase within interval of this month the most to be a change in the market so that when you said you can update make a proper profit from your investment.

There're stage where there would be a need for withdrawal strategy for One's accumulation but definitely not for a beginner  whose in for just a year depending on amount stashed already... there's  a withdrawal strategy  brought  by JJG called JJG Sustainable Bitcoin Withdrawal Strategy I think the idea was to create a sustainable  withdrawal for bitcoin  while you hold you coin [ JayJuanGee can correct me on this if I'm wrong].

Basically correct, promise444c5.. .an ongoing holding of BTC and shaving off rather than completely cashing out or even presuming any abilities to make money with trading.

My presumption in regards to when sustainable withdrawal is meaningful to employ is after you have already reached a status of over accumulation of BTC - and surely it is up to each of us to figure out what level of BTC accumulation that might be in order to achieve "overaccumulation"... and surely if one wants an income of $80k per year, then he might need to acquire anywhere between $800k and $2 million in BTC wealth, depending upon what he might conclude to be a sustainable withdrawal rate (whether 10% or 4% or some other amount). 

I personally believe if we use the 200-WMA as our means to measure the valuation of our BTC, then we could use 10% as our sustainable withdrawal rate, for bitcoin, even though in traditional assets many times 4% is used as a kind of default standard. and so presumes that your underlying investments will grow at least as fast as the rate that you are withdrawing value from them. 

That's true thinking of withdrawing strategy when one haven't gotten to far with is accumulating is sign of poor investment management, aslong we embarking on a long-term investment in Bitcoin we shouldn't be thinking of withdrawing now only for those that have gotten themselves some nice amount of Bitcoin stash. Though we all have our accumulation goal, like most of us goal is to hit 2 BTC , so if one keep withdrawing from their holding they won't be able to hit such goal , that's why we need to discipline ourselves inorder to hit our accumulation goal, may be by then one can focus on the withdrawal strategy to use , like JJG Sustainable Bitcoin Withdrawal Strateg

[promise444c5]

even presuming any abilities to make money with trading.

That feels like a little slap
But yes! it's for the best there's a higher probability of losing it comparing to just holding it and  continue shaving it  slowly, refilling when it's needed.

My presumption in regards to when sustainable withdrawal is meaningful to employ is after you have already reached a status of over accumulation of BTC

I think the over accumulation of BTC should be on bold and yeah only individual can decide that but there're certain level that you should  know you've  reached a level  to Start withdrawing which might even depend on level of entries I.e I can't compare my level of entry to someone who has started 10 years ago(the price of entry really matters).. so it might take time  to reach a status to be compared as to that other person [think the status should be a F*ck you status  right??]

That's true thinking of withdrawing strategy when one haven't gotten to far with is accumulating is sign of poor investment management, aslong we embarking on a long-term investment in Bitcoin we shouldn't be thinking of withdrawing now only for those that have gotten themselves some nice amount of Bitcoin stash.

Exactly  you're on point I_Anime, a beginner should stay far from thinking of a withdrawal strategy.

[Rabata]

[edited out]

If you are thinking of borrowing to invest then you should look further into yourself whether you can afford to do so or not.

Borrowing for investment may be a good idea, but you should have alternative repayment arrangements that can be repaid within a short period of time. If you are thinking of repaying the loan through investment profits, it is better not to because you cannot predict the market conditions. But if your buying luck is good or if you get dips then the profit potential is high with repayment of your loan.

One can question how rational it can be to invest with debt. But I can say from my personal opinion, investing with debt cannot be reasonable at all. Why would you invest with debt if you can pay off the debt in a short period of time after investing with debt? You can invest in self-financing a little later, when you have the money. Borrowing has some risky aspects. For example: after taking a loan, there is doubt about whether you can pay it back within a certain period of time, you may feel stress after taking a loan, you may have to repay the borrowed money before the time if the borrower is facing danger. When you invest with debt, you cannot create any kind of funds. Because, if you have the money to build the fund, you don't have to worry about borrowing money from anyone. What would you do if you were in danger? On the one hand, the thought of paying the debt, on the other hand, the thought of freeing oneself from danger. In such a situation you can think of withdrawing money from your investment. You may have suffered a loss then. Hence, the idea of ​​investing with debt can become self-inflicted.

Investing with loans is not a bad idea, but if the person taking the loan is aware, then the loan will not have any negative effects. Some people have enriched their investments with loans and today they are reaping the benefits of the investment. If a good investment plan is not taken with the loan, then the loan becomes a burden. I wouldn't say investing in Bitcoin with debt is bad because investing in Bitcoin with long-term debt has the potential for a good return. But of course the borrower needs to be able to repay the loan at regular rates so that they can invest in Bitcoin with no stress loan facility. Buying and holding Bitcoin in a bearish position can create an opportunity to make that money even in a short period of time. But to avoid the risk an investor needs to invest with a long term investment plan.

[Pi-network314159]

[edited out]

If you are thinking of borrowing to invest then you should look further into yourself whether you can afford to do so or not.

Borrowing for investment may be a good idea, but you should have alternative repayment arrangements that can be repaid within a short period of time. If you are thinking of repaying the loan through investment profits, it is better not to because you cannot predict the market conditions. But if your buying luck is good or if you get dips then the profit potential is high with repayment of your loan.

One can question how rational it can be to invest with debt. But I can say from my personal opinion, investing with debt cannot be reasonable at all. Why would you invest with debt if you can pay off the debt in a short period of time after investing with debt? You can invest in self-financing a little later, when you have the money. Borrowing has some risky aspects. For example: after taking a loan, there is doubt about whether you can pay it back within a certain period of time, you may feel stress after taking a loan, you may have to repay the borrowed money before the time if the borrower is facing danger. When you invest with debt, you cannot create any kind of funds. Because, if you have the money to build the fund, you don't have to worry about borrowing money from anyone. What would you do if you were in danger? On the one hand, the thought of paying the debt, on the other hand, the thought of freeing oneself from danger. In such a situation you can think of withdrawing money from your investment. You may have suffered a loss then. Hence, the idea of ​​investing with debt can become self-inflicted.

Investing with loans is not a bad idea, but if the person taking the loan is aware, then the loan will not have any negative effects. Some people have enriched their investments with loans and today they are reaping the benefits of the investment. If a good investment plan is not taken with the loan, then the loan becomes a burden. I wouldn't say investing in Bitcoin with debt is bad because investing in Bitcoin with long-term debt has the potential for a good return. But of course the borrower needs to be able to repay the loan at regular rates so that they can invest in Bitcoin with no stress loan facility. Buying and holding Bitcoin in a bearish position can create an opportunity to make that money even in a short period of time. But to avoid the risk an investor needs to invest with a long term investment plan.

Though your idea of taken loan to invest in any kind of business including bitcoin may be right to you but to me I don't  see any reason to borrow money to invest in bitcoin, even though it is a long term loan. because bitcoin is volatile does not mean it can give you what you need before the expected time frame of investment. What if you take a loan to pay back in 5 to 6 years and the loan you took to invest in bitcoin didn't give you the capital and the profit to be able to settle the people you took loan from, what will you do? If the price of bitcoin dips so badly within the expected time to withdraw your HODLing to pay off the loan what will you do? As for me it is a bad idea to take loan to invest in Bitcoin, which I dot know about you. I prefer using my money which I received as salary to invest in bitcoin than loan because there is more comfort when you use your money to invest in Bitcoin than taken loan.

[JayJuanGee]

[edited out

That's true thinking of withdrawing strategy when one haven't gotten to far with is accumulating is sign of poor investment management, aslong we embarking on a long-term investment in Bitcoin we shouldn't be thinking of withdrawing now only for those that have gotten themselves some nice amount of Bitcoin stash. Though we all have our accumulation goal, like most of us goal is to hit 2 BTC , so if one keep withdrawing from their holding they won't be able to hit such goal , that's why we need to discipline ourselves inorder to hit our accumulation goal, may be by then one can focus on the withdrawal strategy to use , like JJG Sustainable Bitcoin Withdrawal Strateg

So yeah creating the goal, and then having a plan to proceed can be two different stories.  If my goal were to get to 2 bitcoin, then maybe I would then exceed the goal by 25% or 50% or some other amount, and then perhaps start some kind of a plan from there in which I either started to withdraw down to 2 BTC or maybe even tried to consider if whatever withdrawal plan that I had would keep me above 2 BTC.

Sure, it could be that your goal is to get to 1 BTC or 1.5BTC, but you already created a greater cushion for yourself.

By the way, I might be arguing with you about semantics, yet I have a hard time with the suggestion that "most of us" or even "many of us" are shooting for a specific goal, even if you might know a lot of folks shooting for a goal in that 2 BTC territory.

There is all kind of variations in goals, even if you might know a lot of people who might be aspiring for something similar..

Another thing might be the timeline.. so is the goal to reach 2 BTC in 10 years?

Surely there would be a lot of reassessment in regards to what  2 BTC might get you in 10 years... I am tentatively thinking that 11-12 years might be enough to get you to western level fuck you status if you consider 10% as your withdrawal rate.. so that would be more than $800k in value for 2 BTC (at the 200-WMA) and then withdrawal of $80k per year would be withdrawing 10%.. and yeah, you might have to engage in some further management skills and/or transitioning from whatever working status to perhaps some other kind of a status that involves some partly ability to start to live off of your bitcoin (and perhaps not having to work as much or as hard or as onerously).. perhaps?

even presuming any abilities to make money with trading.

That feels like a little slap
But yes! it's for the best there's a higher probability of losing it comparing to just holding it and  continue shaving it  slowly, refilling when it's needed.

Generally I am not going to presume an ability to make money trading, but there likely are some folks who are able to do that.. yet it is not very common..

The better ways are to keep accumulating BTC until you reach a status where you can transition to either maintenance or to being able to withdraw some along the way.

My presumption in regards to when sustainable withdrawal is meaningful to employ is after you have already reached a status of over accumulation of BTC

I think the over accumulation of BTC should be on bold and yeah only individual can decide that but there're certain level that you should  know you've  reached a level  to Start withdrawing which might even depend on level of entries I.e I can't compare my level of entry to someone who has started 10 years ago(the price of entry really matters)..

I know that the topics overlap, yet I still doubt that entry price really matters, and yeah, the lower the price that you were able to buy bitcoin, the more BTC you were able to accumulate, yet the punchline still becomes how many BTC you have an how much are they worth (probably in light of the 200WMA valuation), so then you can start to consider if you still need to continue to accumulate bitcoin or if you can transition to some kind of an other status in regards to your BTC management (maintenance or perhaps sustainable withdrawal).
So yeah, the longer that you have been into bitcoin the more likely you have been able to accumulate more BTC over that time, but I still consider that the importance does not have to do with your average cost per BTC as much as how many BTC you had been able to accumulate.

Think about the matter.  People can make all kinds of mistakes over 10 years in terms of how aggressive that he has been in his accumulation.. and the punchline still ends up being how many BTC were you able to accumulate.

Several times, and in various threads, I have given examples to show how some guys might end up with way higher costs per BTC,  yet if they ended up acquiring more BTC, then they are  likely in  a better position than if they had not acquired as many, whether they are comparing themselves to other versions of themselves or maybe comparing themselves to other people who might have taken a less aggressive approach to bitcoin accumulation as compared to their approach.

so it might take time  to reach a status to be compared as to that other person [think the status should be a F*ck you status  right??]

I think that using something like "fuck you status" can be very helpful in terms of figuring out what amount of income that you would need to be able to completely give up your job and to be able to completely live off of your bitcoin.

Sure there could be variations of that where you might not completely give up your job, or you might go into a kind of partial retirement status, and there could be some advantages of reaching a status that you know that you are close to being able to start to withdraw your bitcoin but you do not necessarily need to start to withdraw your bitcoin in order to feel the power of already having had established your bitcoin stash.

Maybe I could give an example to say that if right now we might consider somewhere between 22 and 30 BTC to be sufficient to be at fuck you status, so if we have reached 15 BTC, we might still start to feel some confidence that within 1 to 2 years 15 BTC will be enough to fit within the range of reaching fuck you status, and I personally am not referring to BTC spot price changes, but instead valuating those quantities based on where the 200-WMA is today as compared to where I anticipate the 200WMA to be in 1-2 years.

[chigo]

-cut-

Buying under any circumstances is not a problem for bitcoin as long as you are able to hold it for the long term. But the problem is when you buy a coin that has no potential because we will not find a repeating cycle and it is very likely that the coin you hold will lose price in the market. That's why we need the knowledge to recognize a potential coin and must have the insight to make an analysis about it.

Investors need to understand the potential of the coins they buy, because there are many coins in the market that initially look good but end up being worthless. Let's take an example of the Defi trend some time ago, there were many coins that looked good at the beginning, offering good prospects to potential investors, but because there were too many Defi projects on the market and most of them ended in failure, and in the end there are many Defi-based coins now that are like zombies (not dead, but investors don't know for sure when the coin will increase in price again).

This is a concern for investors that when they want to invest in the market, don't just choose any token, they must understand the potential of the token they are investing in, and if they don't want to take risks, it's better to choose safe options like bitcoin, ethereum, or other popular coins. Because these popular coins have a cycle and if investors are patient they can sell at a better price.

[Taskford]

There are some folks who cannot resist shitcoins &/or gambling, and some of them might be saved from overly shitcoining and/or overly gambling and being able to at least address their urge if they were able to keep (without cheating) their shitcoining to less than 10% the size of their bitcoin investing.

I will never advice anyone to invest in shitcoins or even invest a low percent in it, shitcoins has frustrated a lot of people and is a very bad investment and the funny thing is that a lot of people are still investing in it even after seeing
the level of loses people are having everyday and like you said there are people who can't resist shitcoins and the reason is lack of patience they see Bitcoin as something that takes years before it grows and they see shitcoins as something that grows quick but that's a very wrong mindset, Bitcoin is the best investment and the only thing one needs to be successful in Bitcoin investment is patience, for those that can't resist shitcoins I will advise you to check the life of people that has been investing in shitcoins for over 8 years and those who has been consistent in accumulating Bitcoin for over 8 years check there level of success through there you will know the best investment to involve your self in, Bitcoin is the only investment you can have peace of mind ever since I started accumulating Bitcoin using the DCA strategy I don't think of losing my money I don't have fear of anything but in shitcoins you will never have peace of mind investment because the risk of using your money is so high, investing in Bitcoin is the best decision I have made as a newbie in the crypto world and I'm happy being in this forum were will discuss Bitcoin and share ideas if not for this forum I won't know about the DCA strategy I'm using now. Bitcoin investment is a peace of mind investment because it will never fall without rising to a great height and so I don't bother about the falling of Bitcoin all I think is accumulating as much as I can. Please everyone deceased from shitcoins and focus on Bitcoin don't waste years investing on shitcoins and regret later.

To risky to suggest especially for those people who don't have any great knowledge on how to deal with those shitcoins. So much really advisable is to avoid mentioning it to your newbie friends and always discourage people to try this since bitcoin is more better than anything else there. I know some other might get tempted to invest since maybe they will be blinded with possible earnings they can get from those shitcoin but if we make people realize that Bitcoin investment is more ideal option then they could use some certain strategies which make their accumulation more exciting then provably losing will not be an option especially if they have long patience to deal with their bitcoin investment.

On shitcoins we cannot sit around without getting any stress since any time there's a huge threat that the value might decrease and it will not recover. But in bitcoin they could able to maximize their potential volume by increasing the size of their accumulation without worrying any price drop since bitcoin has a huge chance to pump and we see that happen for so many years.

[CageMabok]

The interesting thing with setting targets is that it gives us investment discipline, which prevents us from taking certain decisions that would affect our investment along the line. Most people are not disciplined enough, thereby allowing bad Market condition to pressure them into selling even when they don't plan on selling. And also, setting our target also teaches us on when to enter and exit the market, so we don't incur heavy losses at the end.

Your story is just more suitable for traders to read because people who set targets like that are usually more inclined to trade in every market condition. Whether market conditions are good or bad, but rather than being too confused about their targets and being forced to sell Bitcoin in bad market conditions such as during a price correction like now, it is better for such people to seek income through other means. And don't disturb the amount of Bitcoin they already have so that they can still keep it well and can sell it when market conditions improve again.

Because selling when market conditions are bad is a very wrong option and feeling forced to sell Bitcoin that we already have because we don't have the mental strength to survive is also a very wrong decision. Because after all, those of us who are able to own Bitcoin in any amount must be able to have a way to keep it in our own wallets without having to sell it in such conditions. So the option to look for other income that can support and solve any problems being faced is a much better option than the option of selling Bitcoin immediately.

[Bravut]

[edited out]

If you are thinking of borrowing to invest then you should look further into yourself whether you can afford to do so or not.

Borrowing for investment may be a good idea, but you should have alternative repayment arrangements that can be repaid within a short period of time. If you are thinking of repaying the loan through investment profits, it is better not to because you cannot predict the market conditions. But if your buying luck is good or if you get dips then the profit potential is high with repayment of your loan.

One can question how rational it can be to invest with debt. But I can say from my personal opinion, investing with debt cannot be reasonable at all. Why would you invest with debt if you can pay off the debt in a short period of time after investing with debt? You can invest in self-financing a little later, when you have the money. Borrowing has some risky aspects. For example: after taking a loan, there is doubt about whether you can pay it back within a certain period of time, you may feel stress after taking a loan, you may have to repay the borrowed money before the time if the borrower is facing danger. When you invest with debt, you cannot create any kind of funds. Because, if you have the money to build the fund, you don't have to worry about borrowing money from anyone. What would you do if you were in danger? On the one hand, the thought of paying the debt, on the other hand, the thought of freeing oneself from danger. In such a situation you can think of withdrawing money from your investment. You may have suffered a loss then. Hence, the idea of ​​investing with debt can become self-inflicted.

Investing with loans is not a bad idea, but if the person taking the loan is aware, then the loan will not have any negative effects. Some people have enriched their investments with loans and today they are reaping the benefits of the investment. If a good investment plan is not taken with the loan, then the loan becomes a burden. I wouldn't say investing in Bitcoin with debt is bad because investing in Bitcoin with long-term debt has the potential for a good return. But of course the borrower needs to be able to repay the loan at regular rates so that they can invest in Bitcoin with no stress loan facility. Buying and holding Bitcoin in a bearish position can create an opportunity to make that money even in a short period of time. But to avoid the risk an investor needs to invest with a long term investment plan.

I believe that the most important factor is "The ability to pay back the loan",  before an investor obtains loan he must ensure that he can pay back the loan which he takes and also within his means but the return of Bitcoin hodlings should not be in line with it.


What do I mean?

Bitcoin is not an asset were possible return cannot be guaranteed in a short or medium term, it would be unwise to obtain a loan hoping to wait for return on your holdings before you pay-back, it would lead to dirty issues, more interest yield, trust issues and also a bad business dealing because it a probability game which cannot align with our expectations within that confined time we expected.
An investor should have a source that he can balance the payment with aside Bitcoin, because this has caused several problems for Bitcoiners, were they borrow hoping to make profit but end up getting disappointed and can't pay back at the agreed time. Let not allow our expectations consume us.

[red4slash]

You both are almost saying thesame thing. Let me not go far, in summary @jewan420 said "I would advise not to take a loan unless it is a very urgent situation". Though he may have said a whole lot of thing but this paragraph I picked has already concluded the whole story. Loan may be bad if not properly used. but may be good when used properly. and the good side include taking loan to settle emergency when you are out of emergency fund which the person will later pay back with his salary or any of his means of income. But the bad side is taken loan to settle loan. Sometimes people make mistakes with loan and claim to be right. For example some people would take a loan and settle a pressing need, when the money comes they fail to pay back with there salary, but postponed it, forgetting that the more the loan keeps pilling up the more it becomes a problem.

There is no urgent situation in investment so in this case i don't really agree with borrowing for the reason of "urgency" considering that in this case the investment made is not a force that must be made but is indeed a situation where we are ready to make an investment without having to interfere.  In our economy,there is no such thing as forcing oneself, let alone going into debt.  so its clear that there is a little question about how to invest and manage your money when you are in debt and under pressure when investing.

well I may not be able to reply all you have said, but let me summarise by saying that we can not deny the fact that taken loan is good. no matter how loan may appear or mean to you, it is still important in some cases expecially when used properly. if you read my reply above, which I replied Zack you will understand why loan is important in bitcoin investment. when I talk about taken loan I did intend saying that we should take loan to invest in bitcoin or whatsoever, I mean taken loan to sort out some emergency or urgency issues as you may call it, am surprised that you could say that there is no need to take loan for "urgency" in investment. because no matter how smart and economical we might tend to be there is always that urgency that we require loan, it may be that you haven't experienced it but that doesn't mean that others didn't so you can't use your situation to judge for others. just know that once in a while there is that urgency pops up, but not always.

The context is in terms of self-imposed friends because after all, when we talk about investment, we certainly know together that we invest with what we can do. Isn't it like that? So why force yourself by borrowing only for investment because after all it will be too imposing. Okay maybe from another point of view borrowing can be an alternative but in the end it is only a last resort because after all, borrowing when you want to make long-term investments will only make your thoughts split where you will focus on consistency in the investment you are running and paying debt installments every month which in my opinion will actually disrupt the financial stability you have.

But if it is good enough for you to do then it is not a barrier but for me, I will not do this because I think this will make myself get into trouble.

[JayJuanGee]

[edited out]

Shitcoins should not be mention is this thread because it's not to be trusted at all a lot of shit coins are created just to exploit people, my brother was investing on one shit coin that i really don't know the name and he lost almost all his money if not that he quickly sold everything and he has been investing on it for a year plus the other day we were discussing and he told me the shitcoin as lost every value now. A lot of people are always losing and regretting investing in shitcoins and I have discovered The reason reason a lot of people even think of investing in shitcoins is because they believe Bitcoin won't rise again or Bitcoin won't grow more than this so they feel like investing on an upcoming coin this is a very wrong reasoning because Bitcoin has not even gotten closer to a price that will shock the world so I will advise every newbie to accumulate as much Bitcoin as he or she can and forget about shitcoins if they want peace of mind or don't want to lose there income.

There are some folks who cannot resist shitcoins &/or gambling, and some of them might be saved from overly shitcoining and/or overly gambling and being able to at least address their urge if they were able to keep (without cheating) their shitcoining to less than 10% the size of their bitcoin investing.

I will never advice anyone to invest in shitcoins or even invest a low percent in it, shitcoins has frustrated a lot of people and is a very bad investment and the funny thing is that a lot of people are still investing in it even after seeing the level of loses people are having everyday and like you said there are people who can't resist shitcoins and the reason is lack of patience they see Bitcoin as something that takes years before it grows and they see shitcoins as something that grows quick but that's a very wrong mindset,

Sure there could be some folks who see my proclamation of not investing any more than 10% into shitcoins as a recommendation to invest in shitcoins, but it is not - especially since I say don't invest in shitcoins, but if you are going to do it then to at least limit yourself.. so yeah, I cannot help from people having their own interpretation.. and perhaps reading my suggestion as a recommendation in regards to shitcoins.   Even if there might be some benefits in just sticking with the one message, I do consider that people need to figure out some of these balances for themselves and there really aren't too many strict prohibitions in life... the prohibitions tend to be based on some kind of an outcome that might be preferred.. so we might say, if you want to increase your chances of  having financial independence and building long terms wealth, then don't fuck around with shitcoins.. but so many folks are gamblers by nature, they want to make their own decisions, they don't want anyone telling them what to do and they also probably tend to believe that they are smarter too.. or at least smart enough to navigate the various dangers of shitcoins... and might not even recognize/appreciate their own vulnerabilities in terms of being persuaded by disinformation and the persuasive talking points that many shitcoins are able to fairly effectively employ.

Bitcoin is the best investment and the only thing one needs to be successful in Bitcoin investment is patience, for those that can't resist shitcoins I will advise you to check the life of people that has been investing in shitcoins for over 8 years and those who has been consistent in accumulating Bitcoin for over 8 years check there level of success through there you will know the best investment to involve your self in, Bitcoin is the only investment you can have peace of mind ever since I started accumulating Bitcoin using the DCA strategy I don't think of losing my money I don't have fear of anything but in shitcoins you will never have peace of mind investment because the risk of using your money is so high, investing in Bitcoin is the best decision I have made as a newbie in the crypto world and I'm happy being in this forum were will discuss Bitcoin and share ideas if not for this forum I won't know about the DCA strategy I'm using now. Bitcoin investment is a peace of mind investment because it will never fall without rising to a great height and so I don't bother about the falling of Bitcoin all I think is accumulating as much as I can. Please everyone deceased from shitcoins and focus on Bitcoin don't waste years investing on shitcoins and regret later.

I don't disagree with you about bitcoin remaining the best investment.. yet past performance does not guarantee future results and also bitcoin is not guaranteed to continue to outperform shitcoins - whether we are talking long term or short term... so each of us has to figure out our position size and also the extent that we feel that we need any other investment/savings besides bitcoin and cash.  I think that it is perfectly fine to start out with bitcoin and cash as the only two asset classes ... and to build from there.. yet how am I going to presume all of the individual factors of other people?  And, sure I can attempt to be somewhat persuasive to other persons that their starting out and even building with bitcoin and cash should be good enough.. and maybe I am correct.. and maybe they come to the wrong conclusions about how to structure their plan forward, and maybe they want more flexibility and the perception of having more options.  I think amongst the most that I can do is either lead by example or to suggest that if I were in their position (which surely my position may well not be the same as theirs since I started more than 10 years ago and they are just starting), then I would do x, y and z.... .. again, my point is about ONLY being able to go so far with folks, and it might not be helpful to even attempt to be too imposing upon other people even if you might be in a position to do so.

This is a concern for investors that when they want to invest in the market, don't just choose any token, they must understand the potential of the token they are investing in, and if they don't want to take risks, it's better to choose safe options like bitcoin, ethereum, or other popular coins. Because these popular coins have a cycle and if investors are patient they can sell at a better price.

In this part, you sound confused.

Fuck shitcoins, including ethereum and other coins you are trying to suggest to be similar to bitcoin.

There is no need to get involved with various shitcoins, and there is no need to also pump ethereum (or other "popular" coins) as if their being popular brings them to the same (or to any kind of a similar level) as bitcoin.  When folks talk about bitcoin and other coins as if they were similar things or they try to create some kind of hierarchy, largely they seem to not understand what bitcoin is.. yes.. I understand the temptation in that direction.. and it seems so logical, especially when others are doing it.. but it surely lacks focus to be suggesting that bitcoin just happens to be the top of various shitcoins and so there is a supposed pecking order.  ..

One of the advantages in being in a bitcoin thread is to point to the off-topicness of mentioning such shitcoins, and another thing would be to suggest to anyone to do as you like.. but then that could end up coming off as an endorsement...so frequently our even talking about shitcoins in a bitcoin thread has a tendency to continue the shitcoin discussion, when it may well be better to just avoid talking about them or to merely point them out negatively.

[Jewan420]

There are some folks who cannot resist shitcoins &/or gambling, and some of them might be saved from overly shitcoining and/or overly gambling and being able to at least address their urge if they were able to keep (without cheating) their shitcoining to less than 10% the size of their bitcoin investing.

I will never advice anyone to invest in shitcoins or even invest a low percent in it, shitcoins has frustrated a lot of people and is a very bad investment and the funny thing is that a lot of people are still investing in it even after seeing
the level of loses people are having everyday and like you said there are people who can't resist shitcoins and the reason is lack of patience they see Bitcoin as something that takes years before it grows and they see shitcoins as something that grows quick but that's a very wrong mindset, Bitcoin is the best investment and the only thing one needs to be successful in Bitcoin investment is patience, for those that can't resist shitcoins I will advise you to check the life of people that has been investing in shitcoins for over 8 years and those who has been consistent in accumulating Bitcoin for over 8 years check there level of success through there you will know the best investment to involve your self in, Bitcoin is the only investment you can have peace of mind ever since I started accumulating Bitcoin using the DCA strategy I don't think of losing my money I don't have fear of anything but in shitcoins you will never have peace of mind investment because the risk of using your money is so high, investing in Bitcoin is the best decision I have made as a newbie in the crypto world and I'm happy being in this forum were will discuss Bitcoin and share ideas if not for this forum I won't know about the DCA strategy I'm using now. Bitcoin investment is a peace of mind investment because it will never fall without rising to a great height and so I don't bother about the falling of Bitcoin all I think is accumulating as much as I can. Please everyone deceased from shitcoins and focus on Bitcoin don't waste years investing on shitcoins and regret later.

To risky to suggest especially for those people who don't have any great knowledge on how to deal with those shitcoins. So much really advisable is to avoid mentioning it to your newbie friends and always discourage people to try this since bitcoin is more better than anything else there. I know some other might get tempted to invest since maybe they will be blinded with possible earnings they can get from those shitcoin but if we make people realize that Bitcoin investment is more ideal option then they could use some certain strategies which make their accumulation more exciting then provably losing will not be an option especially if they have long patience to deal with their bitcoin investment.

On shitcoins we cannot sit around without getting any stress since any time there's a huge threat that the value might decrease and it will not recover. But in bitcoin they could able to maximize their potential volume by increasing the size of their accumulation without worrying any price drop since bitcoin has a huge chance to pump and we see that happen for so many years.

Attracting people who are mainly used to investing in Shitcoins to Bitcoin is a bit of a challenge. Because Bitcoin is a long-term investment. They think of earning from Shitcoin in short time. They always feel the stress of profit and loss. The value of Shitcoin drops rapidly and never recovers. If we can provide them with information about Bitcoin and detail the benefits of investing in Bitcoin then it may be possible to engage them with Bitcoin. We can advise them to invest in Bitcoin for long term as well as Shitcoin. When they start investing in Bitcoin and realize the benefits of investing in Bitcoin, they may be interested in investing in Bitcoin instead of investing in Shitcoin.

[Kliss]

There are some folks who cannot resist shitcoins &/or gambling, and some of them might be saved from overly shitcoining and/or overly gambling and being able to at least address their urge if they were able to keep (without cheating) their shitcoining to less than 10% the size of their bitcoin investing.

I will never advice anyone to invest in shitcoins or even invest a low percent in it, shitcoins has frustrated a lot of people and is a very bad investment and the funny thing is that a lot of people are still investing in it even after seeing
the level of loses people are having everyday and like you said there are people who can't resist shitcoins and the reason is lack of patience they see Bitcoin as something that takes years before it grows and they see shitcoins as something that grows quick but that's a very wrong mindset, Bitcoin is the best investment and the only thing one needs to be successful in Bitcoin investment is patience, for those that can't resist shitcoins I will advise you to check the life of people that has been investing in shitcoins for over 8 years and those who has been consistent in accumulating Bitcoin for over 8 years check there level of success through there you will know the best investment to involve your self in, Bitcoin is the only investment you can have peace of mind ever since I started accumulating Bitcoin using the DCA strategy I don't think of losing my money I don't have fear of anything but in shitcoins you will never have peace of mind investment because the risk of using your money is so high, investing in Bitcoin is the best decision I have made as a newbie in the crypto world and I'm happy being in this forum were will discuss Bitcoin and share ideas if not for this forum I won't know about the DCA strategy I'm using now. Bitcoin investment is a peace of mind investment because it will never fall without rising to a great height and so I don't bother about the falling of Bitcoin all I think is accumulating as much as I can. Please everyone deceased from shitcoins and focus on Bitcoin don't waste years investing on shitcoins and regret later.

To risky to suggest especially for those people who don't have any great knowledge on how to deal with those shitcoins. So much really advisable is to avoid mentioning it to your newbie friends and always discourage people to try this since bitcoin is more better than anything else there. I know some other might get tempted to invest since maybe they will be blinded with possible earnings they can get from those shitcoin but if we make people realize that Bitcoin investment is more ideal option then they could use some certain strategies which make their accumulation more exciting then provably losing will not be an option especially if they have long patience to deal with their bitcoin investment.

On shitcoins we cannot sit around without getting any stress since any time there's a huge threat that the value might decrease and it will not recover. But in bitcoin they could able to maximize their potential volume by increasing the size of their accumulation without worrying any price drop since bitcoin has a huge chance to pump and we see that happen for so many years.

Attracting people who are mainly used to investing in Shitcoins to Bitcoin is a bit of a challenge. Because Bitcoin is a long-term investment. They think of earning from Shitcoin in short time. They always feel the stress of profit and loss. The value of Shitcoin drops rapidly and never recovers. If we can provide them with information about Bitcoin and detail the benefits of investing in Bitcoin then it may be possible to engage them with Bitcoin. We can advise them to invest in Bitcoin for long term as well as Shitcoin. When they start investing in Bitcoin and realize the benefits of investing in Bitcoin, they may be interested in investing in Bitcoin instead of investing in Shitcoin.

It's true that many people are lured by the quick gains promised by these shitcoins, but the risks and frustrations they bring can outweigh any potential benefits. Bitcoin, on the other hand stands out as a solid investment choice especially when approached with patience and a long-term perspective. It's necessary to guide newbies away from the risky world of shitcoins and focus on the stability and potential of Bitcoin. By emphasising on the benefits of Bitcoin investment and encouraging the use of effective strategies like DCA which can help them build a solid foundation for their investment journey. The constant stress and uncertainty surrounding shitcoins make them a risky choice, whereas Bitcoin offers a more reassuring path with its proven track record of growth over the years. The volatile nature of Shitcoins, with their rapid drops in value and lack of recovery, can be quite disturbing. Introducing and telling them to embrace the world of Bitcoin will be the best for them.

[Tungbulu]

This is a concern for investors that when they want to invest in the market, don't just choose any token, they must understand the potential of the token they are investing in, and if they don't want to take risks, it's better to choose safe options like bitcoin, ethereum, or other popular coins. Because these popular coins have a cycle and if investors are patient they can sell at a better price.

In this part, you sound confused.

Fuck shitcoins, including ethereum and other coins you are trying to suggest to be similar to bitcoin.

I still don't get it,
I mean how do people have this common misconception about Bitcoin and shitcoins by thinking they are similar.
This only shows that people who get caught up in this misconception do not really understand the underlying technology, Blockchain and concept that Bitcoin is built on, else I don't see any reason why anyone would even think of placing Bitcoin with Shitcoins.
Compared to shitcoins, Bitcoin is a Godcoin and shouldn't in anyway be compared to shitcoins.

Unlike shitcoins, Bitcoin is built on a decentralized Blockchain that has been battle-tested and proven countless times of just how reliable and safe it is, meanwhile shitcoins are mostly Centralized tokens that are mostly driven by hype amd lacks adequate security, which makes it totally unsafe and a zero investment option.
The huge difference between the both technologies and their purpose of existence makes them absolutely incomparable.

Bitcoin has set an outstanding standard for cryptocurrency, not to mention withstanding the test of time, and this is why I classified Bitcoin as Godcoin, compared to shitcoins because shitcoins possess lots of flaws and lack substance. People should try more to educate themselves on the underlying technology and concepts that backs bitcoin and that of shitcoins to avoid getting them mixed up.

One of the advantages in being in a bitcoin thread is to point to the off-topicness of mentioning such shitcoins, and another thing would be to suggest to anyone to do as you like.. but then that could end up coming off as an endorsement...so frequently our even talking about shitcoins in a bitcoin thread has a tendency to continue the shitcoin discussion, when it may well be better to just avoid talking about them or to merely point them out negatively.

Bringing up shitcoins in a thread meant for bitcoin can derail the conversation for real and can also give them unnecessary attention, the best way to approach such scenarios is to completely dismiss them in order to avoid diverting the attention and maintain the focus on Bitcoin and avoid promoting shitcoins or making it sound or look legit in somewhat way.

This thread's integrity of this thread should be upheld and gently steering the conversation back to Bitcoin is a great way of doing that.
Again, it's essential to set boundaries and avoid discussions about shitcoins here to avoid misinformation, shitcoins has its own thread, and they should be discussed there and not mentioned here.

[I_Anime]

There are some folks who cannot resist shitcoins &/or gambling, and some of them might be saved from overly shitcoining and/or overly gambling and being able to at least address their urge if they were able to keep (without cheating) their shitcoining to less than 10% the size of their bitcoin investing.

I will never advice anyone to invest in shitcoins or even invest a low percent in it, shitcoins has frustrated a lot of people and is a very bad investment and the funny thing is that a lot of people are still investing in it even after seeing
the level of loses people are having everyday and like you said there are people who can't resist shitcoins and the reason is lack of patience they see Bitcoin as something that takes years before it grows and they see shitcoins as something that grows quick but that's a very wrong mindset, Bitcoin is the best investment and the only thing one needs to be successful in Bitcoin investment is patience, for those that can't resist shitcoins I will advise you to check the life of people that has been investing in shitcoins for over 8 years and those who has been consistent in accumulating Bitcoin for over 8 years check there level of success through there you will know the best investment to involve your self in, Bitcoin is the only investment you can have peace of mind ever since I started accumulating Bitcoin using the DCA strategy I don't think of losing my money I don't have fear of anything but in shitcoins you will never have peace of mind investment because the risk of using your money is so high, investing in Bitcoin is the best decision I have made as a newbie in the crypto world and I'm happy being in this forum were will discuss Bitcoin and share ideas if not for this forum I won't know about the DCA strategy I'm using now. Bitcoin investment is a peace of mind investment because it will never fall without rising to a great height and so I don't bother about the falling of Bitcoin all I think is accumulating as much as I can. Please everyone deceased from shitcoins and focus on Bitcoin don't waste years investing on shitcoins and regret later.

To risky to suggest especially for those people who don't have any great knowledge on how to deal with those shitcoins. So much really advisable is to avoid mentioning it to your newbie friends and always discourage people to try this since bitcoin is more better than anything else there. I know some other might get tempted to invest since maybe they will be blinded with possible earnings they can get from those shitcoin but if we make people realize that Bitcoin investment is more ideal option then they could use some certain strategies which make their accumulation more exciting then provably losing will not be an option especially if they have long patience to deal with their bitcoin investment.

On shitcoins we cannot sit around without getting any stress since any time there's a huge threat that the value might decrease and it will not recover. But in bitcoin they could able to maximize their potential volume by increasing the size of their accumulation without worrying any price drop since bitcoin has a huge chance to pump and we see that happen for so many years.

Attracting people who are mainly used to investing in Shitcoins to Bitcoin is a bit of a challenge. Because Bitcoin is a long-term investment. They think of earning from Shitcoin in short time. They always feel the stress of profit and loss. The value of Shitcoin drops rapidly and never recovers. If we can provide them with information about Bitcoin and detail the benefits of investing in Bitcoin then it may be possible to engage them with Bitcoin. We can advise them to invest in Bitcoin for long term as well as Shitcoin. When they start investing in Bitcoin and realize the benefits of investing in Bitcoin, they may be interested in investing in Bitcoin instead of investing in Shitcoin.

It's true that many people are lured by the quick gains promised by these shitcoins, but the risks and frustrations they bring can outweigh any potential benefits. Bitcoin, on the other hand stands out as a solid investment choice especially when approached with patience and a long-term perspective. It's necessary to guide newbies away from the risky world of shitcoins and focus on the stability and potential of Bitcoin. By emphasising on the benefits of Bitcoin investment and encouraging the use of effective strategies like DCA which can help them build a solid foundation for their investment journey. The constant stress and uncertainty surrounding shitcoins make them a risky choice, whereas Bitcoin offers a more reassuring path with its proven track record of growth over the years. The volatile nature of Shitcoins, with their rapid drops in value and lack of recovery, can be quite disturbing. Introducing and telling them to embrace the world of Bitcoin will be the best for them.

You know most individuals lack that ability to be patient, that's why they mostly have the mindset of always wanting to make it pretty fast, though everyone will love to make it , but is not something that's going to happen like magic , due to such mindset that's why some newbies are being easily lured into investing in shitcoins. Thinking that they can get rich quick through, mean while with any wrong move they can endup getting themselves reckt. That's why is better to invest in something that's more better and safer than those shitcoins which is Bitcoin, with gradual accumulating of bitcoin one can endup building a nice Bitcoin stashes for himself.

[laijsica]

There are some folks who cannot resist shitcoins &/or gambling, and some of them might be saved from overly shitcoining and/or overly gambling and being able to at least address their urge if they were able to keep (without cheating) their shitcoining to less than 10% the size of their bitcoin investing.

I will never advice anyone to invest in shitcoins or even invest a low percent in it, shitcoins has frustrated a lot of people and is a very bad investment and the funny thing is that a lot of people are still investing in it even after seeing
the level of loses people are having everyday and like you said there are people who can't resist shitcoins and the reason is lack of patience they see Bitcoin as something that takes years before it grows and they see shitcoins as something that grows quick but that's a very wrong mindset, Bitcoin is the best investment and the only thing one needs to be successful in Bitcoin investment is patience, for those that can't resist shitcoins I will advise you to check the life of people that has been investing in shitcoins for over 8 years and those who has been consistent in accumulating Bitcoin for over 8 years check there level of success through there you will know the best investment to involve your self in, Bitcoin is the only investment you can have peace of mind ever since I started accumulating Bitcoin using the DCA strategy I don't think of losing my money I don't have fear of anything but in shitcoins you will never have peace of mind investment because the risk of using your money is so high, investing in Bitcoin is the best decision I have made as a newbie in the crypto world and I'm happy being in this forum were will discuss Bitcoin and share ideas if not for this forum I won't know about the DCA strategy I'm using now. Bitcoin investment is a peace of mind investment because it will never fall without rising to a great height and so I don't bother about the falling of Bitcoin all I think is accumulating as much as I can. Please everyone deceased from shitcoins and focus on Bitcoin don't waste years investing on shitcoins and regret later.

To risky to suggest especially for those people who don't have any great knowledge on how to deal with those shitcoins. So much really advisable is to avoid mentioning it to your newbie friends and always discourage people to try this since bitcoin is more better than anything else there. I know some other might get tempted to invest since maybe they will be blinded with possible earnings they can get from those shitcoin but if we make people realize that Bitcoin investment is more ideal option then they could use some certain strategies which make their accumulation more exciting then provably losing will not be an option especially if they have long patience to deal with their bitcoin investment.

On shitcoins we cannot sit around without getting any stress since any time there's a huge threat that the value might decrease and it will not recover. But in bitcoin they could able to maximize their potential volume by increasing the size of their accumulation without worrying any price drop since bitcoin has a huge chance to pump and we see that happen for so many years.

Attracting people who are mainly used to investing in Shitcoins to Bitcoin is a bit of a challenge. Because Bitcoin is a long-term investment. They think of earning from Shitcoin in short time. They always feel the stress of profit and loss. The value of Shitcoin drops rapidly and never recovers. If we can provide them with information about Bitcoin and detail the benefits of investing in Bitcoin then it may be possible to engage them with Bitcoin. We can advise them to invest in Bitcoin for long term as well as Shitcoin. When they start investing in Bitcoin and realize the benefits of investing in Bitcoin, they may be interested in investing in Bitcoin instead of investing in Shitcoin.

It's true that many people are lured by the quick gains promised by these shitcoins, but the risks and frustrations they bring can outweigh any potential benefits. Bitcoin, on the other hand stands out as a solid investment choice especially when approached with patience and a long-term perspective. It's necessary to guide newbies away from the risky world of shitcoins and focus on the stability and potential of Bitcoin. By emphasising on the benefits of Bitcoin investment and encouraging the use of effective strategies like DCA which can help them build a solid foundation for their investment journey. The constant stress and uncertainty surrounding shitcoins make them a risky choice, whereas Bitcoin offers a more reassuring path with its proven track record of growth over the years. The volatile nature of Shitcoins, with their rapid drops in value and lack of recovery, can be quite disturbing. Introducing and telling them to embrace the world of Bitcoin will be the best for them.

You know most individuals lack that ability to be patient, that's why they mostly have the mindset of always wanting to make it pretty fast, though everyone will love to make it , but is not something that's going to happen like magic , due to such mindset that's why some newbies are being easily lured into investing in shitcoins. Thinking that they can get rich quick through, mean while with any wrong move they can endup getting themselves reckt. That's why is better to invest in something that's more better and safer than those shitcoins which is Bitcoin, with gradual accumulating of bitcoin one can endup building a nice Bitcoin stashes for himself.

The inability to understand the underlying layers of bitcoin may turn some investors away from prudence. The competition to acquire wealth quickly can lead to the trap of speculative wealth for new investors. The scam is so pervasive that its first trap is a get rich quick scheme.

But bitcoin investment base takes you a stable level and is a prudent approach to a solid base. It does not lure you into risky get rich quick schemes but accelerates the growth of profits with your capital. By conducting a DCA strategy at regular intervals bitcoin tendency to accumulate can help create that solid layer. In bitcoin volatile market system this approach can greatly reduce the impact of volatility. The size of your bitcoin stash is going to be significantly modest with the effect of long-term management which entices more profits.

[Ludmilla_rose1995]

Attracting people who are mainly used to investing in Shitcoins to Bitcoin is a bit of a challenge. Because Bitcoin is a long-term investment. They think of earning from Shitcoin in short time. They always feel the stress of profit and loss. The value of Shitcoin drops rapidly and never recovers. If we can provide them with information about Bitcoin and detail the benefits of investing in Bitcoin then it may be possible to engage them with Bitcoin. We can advise them to invest in Bitcoin for long term as well as Shitcoin. When they start investing in Bitcoin and realize the benefits of investing in Bitcoin, they may be interested in investing in Bitcoin instead of investing in Shitcoin.

Changing someone's perspective requires extra work, in terms of investment too, those who invest in bitcoin definitely have a different concept of thinking than those who invest in shitcoins. How many novice investors have lost because of shitcoins but they don't realize it and change because of it, instead they look for shitcoins again and again that only depend on market speculation

The thing that can make you calm is buying Bitcoin periodically and holding it for the long term, Bitcoin consistently experiences a stable increase, the fluctuations that occur in Bitcoin are just nature, choose to invest in Bitcoin rather than Shitcoin and your money will increase from year to year