Buy Buy Buy or Sell Sell Sell?

[Silikiem]

Do you really believe that there is such thing as a "reliable shitcoin"?  Come on.

Absolutely sir, I also don’t believe there’s anything as a reliable shitcoin. As a matter of fact bitcoin is the only asset I consider to be reliable to an investor only if held for the long term goal. These are highly volatile assets (bitcoin included) and at such anything can happen at any time regarding their price or value. It can increase or decrease in value at any given time which makes it even more difficult to rely on, not to talk of relying on shitcoins which even when you decide to hold it for long term will end up disappointing you because most of this shitcoins aren’t good holding for long as they can become dead or lost completely. If there’s any reliable asset then it should be bitcoin and for it to be reliable isn’t just by expecting it to make you rich at an instant, but rather it is through your long term consistency in accumulating bitcoin and hold.

[ejikeme24]

. Diversification with Bitcoin can be investment, trading in Spot market, trading in Margin and Futures markets with the safest one is investment, next one is Spot market trading while the last two are very dangerous and should be avoided by not only newbies.

There is no need of mentioning all of this things especially when it has to do with trading because every newbies is advised to avoid trading like the plug and only focus on the ongoing buying of Bitcoin because I'm still wondering what newbies should be Looking for into trading that is going to cause them severe pain and even ruin their plans.

So whether trading in spot market, or trading in margin and future or blah blah blah it is not something newbies is supposed to be trying to figure out and I could imagine the time it would take for newbies to figure out all this things you just mentioned here and there's every possiblity that those time spent while learning these things you mentioned here can be considered a waste as they can't even outsmart the crypto market true those method so it is better they go for the basic knowledge about how Bitcoin investment work so they could get started with Bitcoin accumulation rather than fucking around trading.

[Cossyblack]

Bitcoin is the best and newbies in the market must invest money in Bitcoin only. They will have success and profit by investing and holding their bitcoins for long time like one or two market cycles at least.

Bitcoin isn't just the best,it's the best of the best asset we have today. Bitcoin has no equal or comparison ,which is why it stands out to be the best. Newbies who has their Discretional income available can invest & Hodl Bitcoin over the long term. However, newbies must pay serious attention to their Bitcoin investments,by being persistent & consistent to their Bitcoin Accumulation. They must show commitment to their Accumulation for the next two Bitcoin cycles and  accumulate large portfolio of Bitcoin to reached over- Accumulation .
Trading in spot market,trading in margin, future markets or any form of trading is too risky for a newbie. Instead of trading or trying to outsmart the market, a newbie should rather focus on accumulating Bitcoin and Hodl for the next 4-10 years.

[Fara Chan]

<<<

Absolutely sir, I also don’t believe there’s anything as a reliable shitcoin. As a matter of fact bitcoin is the only asset I consider to be reliable to an investor only if held for the long term goal. These are highly volatile assets (bitcoin included) and at such anything can happen at any time regarding their price or value. It can increase or decrease in value at any given time which makes it even more difficult to rely on, not to talk of relying on shitcoins which even when you decide to hold it for long term will end up disappointing you because most of this shitcoins aren’t good holding for long as they can become dead or lost completely. If there’s any reliable asset then it should be bitcoin and for it to be reliable isn’t just by expecting it to make you rich at an instant, but rather it is through your long term consistency in accumulating bitcoin and hold.

Simply put, Bitcoin is reliable because it has so many enthusiasts and long-term holders that its market cap is unbeatable by any shitcoin, ever. Furthermore, Bitcoin has a four-year cycle, where its rate of increase is far more significant than other assets, which only increase slightly due to the push from buyers with large capital. I also don't see shitcoins as reliable, as most of them were intentionally created and then dumped by their large holders, leaving them in a truly poor condition and unworthy of holding. Bitcoin, on the other hand, is a very different asset class, and has shown in previous cycles that many investors have reaped greater returns after being patient for five or ten years.

[JayJuanGee]

A simple understanding of the word will tell anyone who wants to invest in bitcoin with their emergency fund that their plan is flawed already, bitcoin investment is not an emergency and should not be done with our emergency fund, when we make the mistake of investing with your emergency fund and a real world emergency actually hits you then you wouldn't be able to handle it and when there is no alternative source of money you will be pushed into selling your bitcoin to cover up for your lack of an emergency fund, this is not something a smart investor should do that's why nobody should be investing in bitcoin with their emergency fund.

It's is just so bad how some people just feel so careless about some certain things that should be taken to heart and very important. Imagine a teacher going to the school without his teaching materials, and/or a student going to the classroom without writing materials or learning aids, how bad it can be.

An investor without the knowledge of the importance of emergency funds, and fails to build it up while accumulating Bitcoin is rather building his investments on dust as it can be broken down anytime soon once emergency situations comes up without your emergency funds readily available to handle it. Investors must treat is as important if you want to Hodl for long

Anyone who understands the need for an emergency fund and doesn't put it in place will only have themselves to blame when things go bad, to an extent ignorance is not even an excuse here because emergencies won't care if you have an emergency fund ready or not, they just happen and. It's now up to the investor whether or not they lose their investment in the process, if they took measures to ensure emergency situations don't sweep them off their feet then they have a higher chance of saving their investment and this can only be if they have an emergency fund available to fall back to when things don't go as planned.

I am not sure if you described the matter correctly ZeroVinsonN, since the fact of the matter is either the person has sufficient back up funds to cover whatever ends up happening with them or they don't.

Some people may or may not know exactly about emergency funds or what to call them or how much to have, and in the end, either you have sufficient and adequate back up funds or you do not.  I am not even proclaiming that anything needs to be perfect since just getting matters somewhat directionally correct is likely a good starting point and somewhere to build from with a bit of common sense and willingness to learn.

The same thing with buying bitcoin.  You can stack bitcoin as aggressively as you are able to stack without overdoing it, and the measurement of whether you over did your stacking of bitcoin is if shit hits the fan, and you end up getting damaged from the levels of bitcoin that you had chosen to stack or not.. and surely one of the bigger beginner problems is not about the extent to overaggressiveness but a lack of getting started..

Some folks purposefully choose to be underaggressive and whimpy with their bitcoin starting point, and yeah, either they have enough bitcoin or they don't.  They are not going to be able to go back in time and fix their mistakes, yet they are likely better off for having had gotten started accumulating bitcoin as compared to guys looking for a perfect starting point that likely does not exist.

We can tell newbies that they cannot start out with absolutely zero back up funds because if they make mistakes they won't have any back up funds, but yeah guys are going to learn from their own actions, and perhaps several newbies might directionally get matters correctly and they will be stacking bitcoin and building their back up funds simultaneously, and if they screw up here and there, they learn from their mistakes along the way because they are mostly directionally correct, so there is no need to be absolutely perfects in your building up of your bitcoin stack and your balancing of your back up funds and strengthening your cashflow systems and practices, yet if you end up screwing up in BIG ways and you do not have the back up funds that were sufficient to cover up any of your errors, then you might well end up getting set back years and years and years, which has historically happened to a lot of guys who sold too much bitcoin too soon and failed refused to sufficiently/adequately prepare for up, and sometimes they don't even realize the extent of their errors until several years later (including that sometimes they get too pride-laden to start to buy bitcoin). 

Some guys would have had been way better off if they had at least started stacking some bitcoin in the past several years instead of right now considering whether they should start out or not and perhaps making the same mistake over and over and over, as they had done previously, which is continuing to fail/refuse to get started, even if their starting off point might not be perfect, yet each guy needs to start out from  whatever they have and build their bitcoin stack, their bitcoin stacking process and also strengthen their cashflow management systems/practices as they go.  Learn as you go, even if you likely need to start out a wee bit more conservatively as you are getting used to stacking away an asset 4-10 years or longer.

Bitcoin is the best and newbies in the market must invest money in Bitcoin only. They will have success and profit by investing and holding their bitcoins for long time like one or two market cycles at least. Diversification with Bitcoin can be investment, trading in Spot market, trading in Margin and Futures markets with the safest one is investment, next one is Spot market trading while the last two are very dangerous and should be avoided by not only newbies.

I think this is the wrong thing to do.
Diversification is when we don't put all our assets into one place. Investing and trading is just a way or method that we choose so it cannot be used as a Diversification because when we try to Diversify then we might be able to make some emphasis such as bitcoin with other assets such as gold bonds or more but when it comes to trading and investing it is not a Diversification.

Diversification might be great for some people who do have a greater financial level but in the end something like this (for me) will not be able to be done when we have a difficult financial condition because we will not maximize in terms of the goals that we will achieve.
So instead of forcing to be in Diversification I prefer to focus on bitcoin alone. Not that this is a condition that some other people might be able to imitate but this is still possible for me to get more optimal results in the future.

Honestly, hodling Bitcoin for long (or long-term investment) and trading (quick gain) does not mean diversification of assets. It is Bitcoin and it is still Bitcoin. Diversity has to do with different assets altogether (like agriculture, gold, stock etc)
However, some people invest into Bitcoin because they want to diversify there means of income (Bitcoin is the diversity).
For some who already has Bitcoin, their financial state may not allow diversity into other assets but continuous accumulation of BTC.

Huh?

Bitcoin cannot be diversification in and of itself, even if bitcoin is a system that is likely not correlated to fiat-based systems, and so much of our lives are already built around fiat-based systems.

Yet, we still have to be careful in regards to NOT overly exposing ourselves to bitcoin, since it is quite likely that we earn income in fiat and we have bills that we pay in fiat, so we have to make sure that we do not wreck ourselves in the event that we were to not be able to take care of our fiat bills and our needs to be able to live... Many times, I had mentioned that there are differences between our growing of our wealth and security versus if we might be in a stage that we are trying to preserve and sustain our wealth and security.

So if we get to a certain size of bitcoin, we might still need to cash out of bitcoin from time to time, unless we can pay all of our bills in bitcoin, and there are not very many places where we would be able to pay most if not all of our bills in bitcoin.

We cannot be blind to real world implications and make statements about bitcoin being our diversification since guys are going to be different in regards to how much they need fiat to survive at their given standard of living and the extent to which they might have to transition between bitcoin and fiat... and the systems are not even steady, so there are likely needs for ongoing learning and also to make sure that we are not putting ourselves in vulnerable positions if we might need to live off of some of our bitcoin, yet we might have to make sure that we have enough in cash, too for whatever our living needs might be.

We could tell ourselves that we want to keep a certain amount of our value in bitcoin and also a certain amount of our value in fiat, but then when we are paying the bills, are we having to transition in and out of fiat?

Do you really believe that there is such thing as a "reliable shitcoin"?  Come on.

Absolutely sir, I also don’t believe there’s anything as a reliable shitcoin. As a matter of fact bitcoin is the only asset I consider to be reliable to an investor only if held for the long term goal. These are highly volatile assets (bitcoin included) and at such anything can happen at any time regarding their price or value. It can increase or decrease in value at any given time which makes it even more difficult to rely on, not to talk of relying on shitcoins which even when you decide to hold it for long term will end up disappointing you because most of this shitcoins aren’t good holding for long as they can become dead or lost completely. If there’s any reliable asset then it should be bitcoin and for it to be reliable isn’t just by expecting it to make you rich at an instant, but rather it is through your long term consistency in accumulating bitcoin and hold.

Some people become comfortable with third party custody (which is not real bitcoin) because they are concerned about how they hold their bitcoin, and there might be questions about how to get in and out of it.. whether relationships with exchanges, and surely many folks would like to be able to just transact with their bitcoin directly, yet we seem to have ongoing governmental interests in our bitcoin transactions, which might cause some folks to be nervous about transacting in bitcoin unless they might feel that there is enough folks who are just transacting privately with their coins.. .which does not seem to be the way of the current world.

So even if we can transact directly with our coins, sometimes we might get worried about with whom and for what we might transact directly with others with our coins.

[Fuso.hp]

[edited out]

Emergency cash are meant to stay untouched unless life really throws something unexpected at any one it can be tempting to dip into funds when the market pulls back especially with versatile bitcoin is,

When we are early in our time of building our bitcoin holdings and our emergency funds, it may well be the case that we are tapping into our emergency funds /back up funds because we are still in the process of building up our systems.

We also cannot presume how long it is going to take for guys to build up cashflow management systems.  if guys have a lot of discretionary funds, they can build up their systems fast.  Other guys might take years to build up their systems.

We cannot generalize regarding how an ideal system might look and then presume that everyone can build up to an ideal system from whereever they are starting out, since some guys will take longer than others to get there, and some guys might continuously get knocked out of their system (whether due to their own mistakes or due to complications that they might already have in their lives that are causing demands on their time, energy and money.

This is a fact that most investors often ignore. They feel as though building financial security around themselves is just an overnight exercise. But in reality, this is a process that takes quite a long time with uneven stages to achieve. And it’ll be very unrealistic for anyone to think that there’s an actual universal ideal setup that everyone would arrive on the same timeline.

True, because it makes no sense that a lot of people step into investing expecting quick wins, like pressing a button today and waking up rich tomorrow. But the reality is way different, building real financial security is kidda a lot. And there are good days, bad days, and moments where it feels like you are not moving at all.
And the thing is, everyone journey is different. There is no universal timeline or perfect setup that works for everyone.

Such a tendency is seen in most people that they want to get rich quickly and they do not want to go through any trouble to get rich. Some investors have such an intention that they will invest and within a few days they will make a lot of profit but the reality is very difficult. Those who are in a hurry for profit should look at those investors who have already held their investment for three to four years and have been patiently continuing their investment till now. We have to invest with the expectation of something good in the future, that is, now we have bought Bitcoin so that in the future we get good financial support from this Bitcoin, then we have to continue our income and with that income we have to meet our own needs and meet the needs of our family. Those who can invest by accepting this reality will be successful by holding the investment for a long time and they will be able to receive a good amount of profit from the investment at the end of the specified period.

[Shineup]

[edited out]

Emergency cash are meant to stay untouched unless life really throws something unexpected at any one it can be tempting to dip into funds when the market pulls back especially with versatile bitcoin is,

When we are early in our time of building our bitcoin holdings and our emergency funds, it may well be the case that we are tapping into our emergency funds /back up funds because we are still in the process of building up our systems.

We also cannot presume how long it is going to take for guys to build up cashflow management systems.  if guys have a lot of discretionary funds, they can build up their systems fast.  Other guys might take years to build up their systems.

We cannot generalize regarding how an ideal system might look and then presume that everyone can build up to an ideal system from whereever they are starting out, since some guys will take longer than others to get there, and some guys might continuously get knocked out of their system (whether due to their own mistakes or due to complications that they might already have in their lives that are causing demands on their time, energy and money.

This is a fact that most investors often ignore. They feel as though building financial security around themselves is just an overnight exercise. But in reality, this is a process that takes quite a long time with uneven stages to achieve. And it’ll be very unrealistic for anyone to think that there’s an actual universal ideal setup that everyone would arrive on the same timeline.

True, because it makes no sense that a lot of people step into investing expecting quick wins, like pressing a button today and waking up rich tomorrow. But the reality is way different, building real financial security is kidda a lot. And there are good days, bad days, and moments where it feels like you are not moving at all.
And the thing is, everyone journey is different. There is no universal timeline or perfect setup that works for everyone.

Such a tendency is seen in most people that they want to get rich quickly and they do not want to go through any trouble to get rich. Some investors have such an intention that they will invest and within a few days they will make a lot of profit but the reality is very difficult. Those who are in a hurry for profit should look at those investors who have already held their investment for three to four years and have been patiently continuing their investment till now. We have to invest with the expectation of something good in the future, that is, now we have bought Bitcoin so that in the future we get good financial support from this Bitcoin, then we have to continue our income and with that income we have to meet our own needs and meet the needs of our family. Those who can invest by accepting this reality will be successful by holding the investment for a long time and they will be able to receive a good amount of profit from the investment at the end of the specified period.

It is practically proven that there is no amount of sacrifices that can grant anyone access to their desire of getting a quick money from Bitcoin, this is for those who has reflected to getting core basic knowledge of Bitcoin, and there is no point trying to approach Bitcoin with the of quick money minded because it is going to turn out being waste of time, we learn everyday it is painful to see that some forks are struggling with this mindset that has been proven void. Quick profit should be look for elsewhere and not in Bitcoin.

[laijsica]

[edited out]

Emergency cash are meant to stay untouched unless life really throws something unexpected at any one it can be tempting to dip into funds when the market pulls back especially with versatile bitcoin is,

When we are early in our time of building our bitcoin holdings and our emergency funds, it may well be the case that we are tapping into our emergency funds /back up funds because we are still in the process of building up our systems.

We also cannot presume how long it is going to take for guys to build up cashflow management systems.  if guys have a lot of discretionary funds, they can build up their systems fast.  Other guys might take years to build up their systems.

We cannot generalize regarding how an ideal system might look and then presume that everyone can build up to an ideal system from whereever they are starting out, since some guys will take longer than others to get there, and some guys might continuously get knocked out of their system (whether due to their own mistakes or due to complications that they might already have in their lives that are causing demands on their time, energy and money.

This is a fact that most investors often ignore. They feel as though building financial security around themselves is just an overnight exercise. But in reality, this is a process that takes quite a long time with uneven stages to achieve. And it’ll be very unrealistic for anyone to think that there’s an actual universal ideal setup that everyone would arrive on the same timeline.

True, because it makes no sense that a lot of people step into investing expecting quick wins, like pressing a button today and waking up rich tomorrow. But the reality is way different, building real financial security is kidda a lot. And there are good days, bad days, and moments where it feels like you are not moving at all.
And the thing is, everyone journey is different. There is no universal timeline or perfect setup that works for everyone.

Such a tendency is seen in most people that they want to get rich quickly and they do not want to go through any trouble to get rich. Some investors have such an intention that they will invest and within a few days they will make a lot of profit but the reality is very difficult. Those who are in a hurry for profit should look at those investors who have already held their investment for three to four years and have been patiently continuing their investment till now. We have to invest with the expectation of something good in the future, that is, now we have bought Bitcoin so that in the future we get good financial support from this Bitcoin, then we have to continue our income and with that income we have to meet our own needs and meet the needs of our family. Those who can invest by accepting this reality will be successful by holding the investment for a long time and they will be able to receive a good amount of profit from the investment at the end of the specified period.

Short term attempts to get rich are the most risky. To reach a sustainable financial situation, you should be patient and invest in Bitcoin. The temptation to get rich in a short time is more likely to make you make investment mistakes. Bitcoin accumulation powder should be deposited regularly and each cycle should be uninterrupted because if you buy every month you will have to save a lump sum every week but if you can buy weekly, then this strategy is the best for Bitcoin because the more you can increase the number of purchases per year the more UP will continue to decrease.

After a cycle of continuous Bitcoin an initial target for you will be fulfilled but I think if you are still old enough to keep your alternative income stream intact and functional, then it would be ideal to continue depositing Bitcoin. Because if you think that the accumulation target has been met, you may withdraw Bitcoin to get a profit and your additional income way may stop there. You may have the idea of ​​buying again but you may not be able to buy in the future at the lowest UP that you have paid after depositing regularly for 4 years. So my recommendation is to buy Bitcoin regularly for at least 2-3 cycles until the income flow is intact. It will be ideal for you to invest.

[woez]

Short term attempts to get rich are the most risky. To reach a sustainable financial situation, you should be patient and invest in Bitcoin. The temptation to get rich in a short time is more likely to make you make investment mistakes. Bitcoin accumulation powder should be deposited regularly and each cycle should be uninterrupted because if you buy every month you will have to save a lump sum every week but if you can buy weekly, then this strategy is the best for Bitcoin because the more you can increase the number of purchases per year the more UP will continue to decrease.

The idea of ​​buying at a high price when trading should be discarded altogether, or the same thing will happen. For example, currently, many people are still experiencing FOMO (Focus on Money Movement) buying at the peak and then being dumped again by whales. Because the ones who survive best in a market like this are not those with the most money, but those who are most adaptable.

After a cycle of continuous Bitcoin an initial target for you will be fulfilled but I think if you are still old enough to keep your alternative income stream intact and functional, then it would be ideal to continue depositing Bitcoin. Because if you think that the accumulation target has been met, you may withdraw Bitcoin to get a profit and your additional income way may stop there. You may have the idea of ​​buying again but you may not be able to buy in the future at the lowest UP that you have paid after depositing regularly for 4 years. So my recommendation is to buy Bitcoin regularly for at least 2-3 cycles until the income flow is intact. It will be ideal for you to invest.

like you say, another adaptive method is the DCA strategy, relaxed but consistent. Why chase small profits when maximum returns are clear, studied, and proven to work It's just a waste of time if we rotate our assets for trading even though the market conditions are temporarily favorable.

[Barikui1]

Do you really believe that there is such thing as a "reliable shitcoin"?  Come on.

Absolutely sir, I also don’t believe there’s anything as a reliable shitcoin. As a matter of fact bitcoin is the only asset I consider to be reliable to an investor only if held for the long term goal.

Anyone that says that their is anything reliable in shit coin is just trying to justify why he took such a risk or he is just trying to make himself feels better because it has been proven beyond reasonable doubt that shit coin falls more than they rise and they are created for gambling purpose, and once the hypes they came with died down, that is how they will just die off the market, so it's more of gambling than investment.
So it would be very wrong to put Bitcoin in such a bracket because it's even more reliable as an investment than we can all imagine.

[Bigjoe33]

Short term attempts to get rich are the most risky. To reach a sustainable financial situation, you should be patient and invest in Bitcoin. The temptation to get rich in a short time is more likely to make you make investment mistakes. Bitcoin accumulation powder should be deposited regularly and each cycle should be uninterrupted because if you buy every month you will have to save a lump sum every week but if you can buy weekly, then this strategy is the best for Bitcoin because the more you can increase the number of purchases per year the more UP will continue to decrease.

The idea of ​​buying at a high price when trading should be discarded altogether, or the same thing will happen. For example, currently, many people are still experiencing FOMO (Focus on Money Movement) buying at the peak and then being dumped again by whales. Because the ones who survive best in a market like this are not those with the most money, but those who are most adaptable.

After a cycle of continuous Bitcoin an initial target for you will be fulfilled but I think if you are still old enough to keep your alternative income stream intact and functional, then it would be ideal to continue depositing Bitcoin. Because if you think that the accumulation target has been met, you may withdraw Bitcoin to get a profit and your additional income way may stop there. You may have the idea of ​​buying again but you may not be able to buy in the future at the lowest UP that you have paid after depositing regularly for 4 years. So my recommendation is to buy Bitcoin regularly for at least 2-3 cycles until the income flow is intact. It will be ideal for you to invest.

like you say, another adaptive method is the DCA strategy, relaxed but consistent. Why chase small profits when maximum returns are clear, studied, and proven to work It's just a waste of time if we rotate our assets for trading even though the market conditions are temporarily favorable.

Which ever way it might seem, I would prefer consistent and regular DCA buys for a very long time as Bitcoin has proven to be more beneficial to Hodl for a long time. Surely, sometimes, the price could be so high, and for persons who came in at a dip period or started there investment when the price was low, they might be thinking that's its a perfect time to sell and make enough profit. Perhaps they may be carried away by the little gains they feel they would get if they sell, but ironically, they will be loosing alot if they sell because the little gains they might make can't be compared to what they would have made out of bitcoin if they has held for much more longer time duration. So it is always advisable and/or better of newbies come into Bitcoin investment with a long time mindset rather to wait for just short time business

[Rockson1]

Anyone that says that their is anything reliable in shit coin is just trying to justify why he took such a risk or he is just trying to make himself feels better because it has been proven beyond reasonable doubt that shit coin falls more than they rise and they are created for gambling purpose, and once the hypes they came with died down, that is how they will just die off the market, so it's more of gambling than investment.
So it would be very wrong to put Bitcoin in such a bracket because it's even more reliable as an investment than we can all imagine.

Has shitcoins change to become what we don't know? Shitcoin remain shitty without hope, unreliable, the easiest way to get ruined financially, a good friend of gambling, what else can I remember about it, some times when influencers talk their craps about it, the first thing that I can remember is danger ahead, how many persons that said they have invested or have investment in shitcoins as they said can come open and be truthful to tell us freely that they have been successful, what we keep hearing is, there is no harm in trying, so because there is no harm in trying, I should try all the trash I see in the market to what end, not for me or for any friend and relatives that listen to me.

If I mention Bitcoin where shitcoins where Bitcoin is mention, I see it as if am insulting Bitcoin, history will continue to be kind to Bitcoin, is Bitcoin now and for the future, shit can never be an option, I will like to end it here.

[Chinesebaby]

Diversifying your investments can be a smart move, but not at the initial stage of investing and not through a shitcoin investment. When you have accumulated enough Bitcoin and you are willing and able to diversify your investments, you can diversify your investment fund by investing in some reliable altcoins.

Holy shit.

You are correct that there is no need to diversify in the beginning of your bitcoin investment (beyond bitcoin and cash), but you surely don't seem to understand diversification if you believe that fucking around with shitcoins is a way to spread out your risk.

Do you really believe that there is such thing as a "reliable shitcoin"?  Come on.

Yes, you are absolutely right on what you just said above @JayJuanGee regarding there not been anything such as a reliable shitcoin, because they are all the same, very volatile, risky and likewise it's price value can be greatly influenced either negatively or positively by it's creators, and as such, diversifying your portfolio into such an assets prone you into greater risk than security. Unlike Bitcoin that has come to stay and likewise no one has control over it, due to it's decentralized nature, making demands and supply a major contributing factor to it's up and down price movement. Hence, it clearly indicates that no shitcoin can ever be a match against Bitcoin in regards to long term profitability.

So thanks Sir @JayJuanGee for the clarification.

[barisbilgili]

Do you really believe that there is such thing as a "reliable shitcoin"?  Come on.

Absolutely sir, I also don’t believe there’s anything as a reliable shitcoin. As a matter of fact bitcoin is the only asset I consider to be reliable to an investor only if held for the long term goal.

Anyone that says that their is anything reliable in shit coin is just trying to justify why he took such a risk or he is just trying to make himself feels better because it has been proven beyond reasonable doubt that shit coin falls more than they rise and they are created for gambling purpose, and once the hypes they came with died down, that is how they will just die off the market, so it's more of gambling than investment.
So it would be very wrong to put Bitcoin in such a bracket because it's even more reliable as an investment than we can all imagine.

Shitcoin is a form of gambling. I'm sure no one denies that, even if they try their luck with shitcoin, they also realize it's a gamble.
As an investment, nothing can compare to Bitcoin, let alone shitcoin, Of course the difference is huge and I think we all agree that there's no investment that promises a more promising future than Bitcoin.

[Bobrox]

Anyone that says that their is anything reliable in shit coin is just trying to justify why he took such a risk or he is just trying to make himself feels better because it has been proven beyond reasonable doubt that shit coin falls more than they rise and they are created for gambling purpose, and once the hypes they came with died down, that is how they will just die off the market, so it's more of gambling than investment.
So it would be very wrong to put Bitcoin in such a bracket because it's even more reliable as an investment than we can all imagine.

I think is the actual facts that are happening now when some one investing in shit coin just trying to justify about their opinion only or trick to make other interested investing in shit coin but him self exit by selling their shit coins. Has two possibilities when investing in shit coins earn profit or loss all capital almost the same way with gambling shit coins promising much profit but in must ready with high risk. I am quick totally from shit coins and can't guarantee yet will earn much profit exactly if you late entry to buy, some one else have sell their assets and you buy will easily become victim to be scam or loss in shit coins.
Bitcoin is the right way for investing and difference when put your investment at shit coins with high risk but less possibility high return, the future of shit coin depend on the developer want to removed liquidity or not.

[alankasman]

Which ever way it might seem, I would prefer consistent and regular DCA buys for a very long time as Bitcoin has proven to be more beneficial to Hodl for a long time. Surely, sometimes, the price could be so high, and for persons who came in at a dip period or started there investment when the price was low, they might be thinking that's its a perfect time to sell and make enough profit. Perhaps they may be carried away by the little gains they feel they would get if they sell, but ironically, they will be loosing alot if they sell because the little gains they might make can't be compared to what they would have made out of bitcoin if they has held for much more longer time duration. So it is always advisable and/or better of newbies come into Bitcoin investment with a long time mindset rather to wait for just short time business

Bitcoin is the most valuable asset, so what we need to do when buying through DCA is, of course, regularly, especially if we're using it for the long term. This long period can be beneficial when market conditions start to generate profits for those who have held Bitcoin for a long time, so that when holding it, people no longer have to worry about the long wait.

Long-term growth requires an emergency fund. When starting a long-term investment, of course, this fund must be saved. Because we expect large profits, and that naturally requires a long period of time, so it's not wrong for me to mention such a point.
Investing is usually often done by large investors who are financially sufficient and willing to invest a portion of their income in Bitcoin, even for a long time.

[icebar]

Do you really believe that there is such thing as a "reliable shitcoin"?  Come on.

Absolutely sir, I also don’t believe there’s anything as a reliable shitcoin. As a matter of fact bitcoin is the only asset I consider to be reliable to an investor only if held for the long term goal.

Anyone that says that their is anything reliable in shit coin is just trying to justify why he took such a risk or he is just trying to make himself feels better because it has been proven beyond reasonable doubt that shit coin falls more than they rise and they are created for gambling purpose, and once the hypes they came with died down, that is how they will just die off the market, so it's more of gambling than investment.
So it would be very wrong to put Bitcoin in such a bracket because it's even more reliable as an investment than we can all imagine.

For all the investors who are trying to console themselves by investing in shitcoins, is it possible to get ATH in shitcoins? Everyone who invested in shitcoins in any hype has faced big losses today, but those who kept their investment in Bitcoin are getting new ATH and their returns will increase in the future. Although some altcoins have gained good reputation since 2009, people do not trust those coins for a long time. There are a lot of shitcoins in the market. These coins are constantly changing their form and coming to the market again. Therefore, there is no alternative to investing in Bitcoin to maintain your wealth and ensure safe financial security in the future.

[G_Besar]

Shitcoin is a form of gambling. I'm sure no one denies that, even if they try their luck with shitcoin, they also realize it's a gamble.
As an investment, nothing can compare to Bitcoin, let alone shitcoin, Of course the difference is huge and I think we all agree that there's no investment that promises a more promising future than Bitcoin.

Some people who try their luck with shitcoins are those who also hold Bitcoin, and any profits they make from shitcoins are also transferred to Bitcoin. Because they are also fully aware that Bitcoin is far superior to shitcoins, they also use money earned from other sources to buy Bitcoin. But if they lose money while trying their luck with shitcoins, they're probably willing to accept it because they fundamentally know that buying shitcoins is extremely risky. I personally have always avoided shitcoins because I don't like the high risk involved, but when it comes to Bitcoin, I never hesitate to buy it and hold it for the long term, even if there are price corrections like the one that occurred a few days ago.

[Taskford]

Shitcoin is a form of gambling. I'm sure no one denies that, even if they try their luck with shitcoin, they also realize it's a gamble.
As an investment, nothing can compare to Bitcoin, let alone shitcoin, Of course the difference is huge and I think we all agree that there's no investment that promises a more promising future than Bitcoin.

Some people who try their luck with shitcoins are those who also hold Bitcoin, and any profits they make from shitcoins are also transferred to Bitcoin. Because they are also fully aware that Bitcoin is far superior to shitcoins, they also use money earned from other sources to buy Bitcoin. But if they lose money while trying their luck with shitcoins, they're probably willing to accept it because they fundamentally know that buying shitcoins is extremely risky. I personally have always avoided shitcoins because I don't like the high risk involved, but when it comes to Bitcoin, I never hesitate to buy it and hold it for the long term, even if there are price corrections like the one that occurred a few days ago.

Not all, since usually as what I observe those people trading shitcoins are not holding Bitcoin. Because if they messed up with their shitcoins investment usually they take out their funds they used to buy Bitcoin and think about using it to start again with their shitcoin investment hoping that they can recover. That cycle is repetitive and if they can't abandon the thoughts of trading shitcoins there's really a huge chance that they wont succeed on their plan to do long term investment with Bitcoin.

Much better for them to avoid shitcoin trading and just better focus on Bitcoin if they want to deal with  ideal investment.

[sotelorene]

Shitcoin is a form of gambling. I'm sure no one denies that, even if they try their luck with shitcoin, they also realize it's a gamble.
As an investment, nothing can compare to Bitcoin, let alone shitcoin, Of course the difference is huge and I think we all agree that there's no investment that promises a more promising future than Bitcoin.

Some people who try their luck with shitcoins are those who also hold Bitcoin, and any profits they make from shitcoins are also transferred to Bitcoin. Because they are also fully aware that Bitcoin is far superior to shitcoins, they also use money earned from other sources to buy Bitcoin. But if they lose money while trying their luck with shitcoins, they're probably willing to accept it because they fundamentally know that buying shitcoins is extremely risky. I personally have always avoided shitcoins because I don't like the high risk involved, but when it comes to Bitcoin, I never hesitate to buy it and hold it for the long term, even if there are price corrections like the one that occurred a few days ago.

I don't think a real investor will ever engage himself or herself in anything shitcoins because he or she knew there is nothing good and tangible can come from there because first, it is not safe to invest in shitcoins and secondly you can only go about it by trading which is still a wrong way to go or follow as an investor and you can't really call that a source of income because you only get something from shitcoins by luck. A real investor would never put their energy in shitcoins rather they will focus on other things that will fetch them money to be using for their Investment instead of going to try luck with shitcoins.