Found This Stupid Promotion Circulating on Social Media

[Hyphen(-)]

Do you still believe in Bitcoin and do you guys are still following the same pattern of converting some of your earned crypto to Bitcoin?

Yes, I am speaking for myself; I believe in Bitcoin 100%, but memecoins do give quick profit, and most memecoin traders that are not new to the system do convert their profit to Bitcoin once they meet their target because they know what shitcoins can do because the team can be funny at times and go away with investors money if they have achieved their goals. To me, investing in meme coins is like gambling; you can win and you can lose at the same time. The risk involved is very high, and once you invest in meme coins, you will hardly have rest of mind compared to when you invest in Bitcoin.

[kentrolla]

It's like one in hundreds people will be lucky to make 10x or 100x with these memecoins during the pump and dump and they will get so much of traction it becao s their upselling point and people fall for it by looking at the few winners without acknowledging the fact there are hundreds of losers for every single winner. Again, this would do wonders for someone who is into crypto just to make quick profit using their risk investment and don't want to be associated with crypto for longer period of time.

[Ojima-ojo]

I won't take a Media post from such memecoin serious most especially now that notcoin hype is beginning to die a natural death and trying by all means to revive the investors believes and faith in the hyped coin, the fact is that, majority of them are looking up to Bitcoin to build their market foundation, but doing it in the wrong way.


 Because most of them are indirectly attacking Bitcoin just to make a point, mean while in the reality of things, they don't have any point to make since Bitcoin have already won it investors confidence with how oftentimes it proven not to belong to the hyped and dump category of coins.

[Sandra_hakeem]

To an extent it seems a social gimmick to promote thier shit coin. Whereas for the people outside this forum this will mean big as in those who believe in meme coins.

enhh.. AFAIk, people have different interest regarding things they'd wanna indulge in. "Someone wrote that most people don't even wish they could get rich. They're comfortable being poor" . Now, does that make any sense to you? But that's what they love. The early rugpull and the numerous scam projects have made altcurrencies quiet uninteresting.

I remember my early days in the forum and every single member investing in the altcoin market had a single objective to convert all or a part of their gains to Bitcoin.

That's the last thing I'd do. I've known a couple of stable coins over the years so I'd stick to DCA.

Edit:What happens is that they have those telegram games/meme coin lined up, programmed by the same person to make as much traffic as possible. Someone tried linking their telegram and it weren't successful, they immediately referred them to another one... Crazy right? I don't click on links that refer me to my telegram either.

[royalfestus]

I remember my early days in the forum and every single member investing in the altcoin market had a single objective to convert all or a part of their gains to Bitcoin.
I am not aware of what is happening now as I am too busy accumulating more Bitcoins. While, some of you are still trading altcoins or meme coins and I would like to ask from you guys that;

Your decision is wise for a large investor looking to manage risk, but I believe small investors seek higher returns. Bitcoin may not offer the same exponential growth as in its early years—it’s unlikely to 5x from its current price, whereas other altcoins might. Ultimately, everyone makes investment decisions based on their risk tolerance and available funds.

[Ale88]

A not new but a crazily pumped meme coin has posted this information on social media.

jfyi the valuation of Notcoin is still 0.15% of Bitcoin

To an extent it seems a social gimmick to promote thier shit coin. Whereas for the people outside this forum this will mean big as in those who believe in meme coins.

They would literally inspire others who have the same believe that meme coins can make them rich even if they don't invest in Bitcoin. I believe secretly everyone who are investing in meme coins have a secret objective.

I remember my early days in the forum and every single member investing in the altcoin market had a single objective to convert all or a part of their gains to Bitcoin.

I am not aware of what is happening now as I am too busy accumulating more Bitcoins. While, some of you are still trading altcoins or meme coins and I would like to ask from you guys that;

Do you still believe in Bitcoin and do you guys are still following the same pattern of converting some of your earned crypto to Bitcoin?

You are mixing too many different categories of people in my opinion: when they say that NOT valuation is only 0.15% of bitcoin's clearly are looking for people with limited knowledge of cryptos, like those people who thought that Shiba could reach a $1 valuation. Then we have people who actually believe in bitcoin and bitcoin only, so they would never touch any other coin. Lastly, and I see nothing wrong with this, we have people who want to make money, and whether we like it or not, right now meme coins are pumping a lot.

Category #2 and #3 can perfectly coexist, if you buy some shitcoins it doesn't mean you don't believe in bitcoin.

[adultcrypto]

A not new but a crazily pumped meme coin has posted this information on social media.

jfyi the valuation of Notcoin is still 0.15% of Bitcoin

To an extent it seems a social gimmick to promote thier shit coin. Whereas for the people outside this forum this will mean big as in those who believe in meme coins.

This is usually the pattern, hide under what is legit to promote the fake. By adding bitcoin to whatever they are promoting, they are invariably telling their gullible followers that their coin still have big potential for growth and their investor seeing this might be all hyped to buy more hoping to buy their Lambo with the profits or probably "go to the moon" soon. I have fallen for this before and I believe many people here who have followed the hypes would have used such information in the past. Mine was a bitter experience that I will not want to experience again. I rather stay with bitcoin than cry later because most of the hyped shitcoins will die few months or years from now.

[mamesso]

Do you still believe in Bitcoin and do you guys are still following the same pattern of converting some of your earned crypto to Bitcoin?

Anyone on the Bitcointalk forum will continue to believe Bitcoin is the coin that is most resistant to various kinds of shocks and the coin that has the potential for future returns. Meme Coins are just nonsense whose prices are manipulated by miners, they continue to try to carry out promotions to convince crypto users, especially those outside the forums, who are most easily infected with the promise of big returns. Very risky Cryptocurrency investments can be avoided by choosing the right coin, Bitcoin will help reduce the risk and there is no need to worry about its value going lower.

[SquirrelJulietGarden]

Anyone on the Bitcointalk forum will continue to believe Bitcoin is the coin that is most resistant to various kinds of shocks and the coin that has the potential for future returns.

Not all forum members are Bitcoin enthusiasts or more extreme Bitcoin maximalists. They can be altcoin enthusiasts or altcoin maximalists because in any community, you can not have 100% supporters or protesters. In this forum, you see there are boards for Bitcoin and altcoins so there are members who have more interests in altcoins than Bitcoin.

Meme Coins are just nonsense whose prices are manipulated by miners, they continue to try to carry out promotions to convince crypto users, especially those outside the forums, who are most easily infected with the promise of big returns. Very risky Cryptocurrency investments can be avoided by choosing the right coin, Bitcoin will help reduce the risk and there is no need to worry about its value going lower.

Altcoins are more attractive than Bitcoin for people with small fund and want to get rich easily and quickly. This is wrong thinking because safety for capital must be first priority for all investors and with altcoins, risk is higher than with Bitcoin.

I only say about fact in cryptocurrency investor community and by sharing following articles, I hope that they will see risk of altcoins and be able to manage their investment capital better by assigning more proper capital for altcoin investment.

How many cryptocurrencies failed?
Charting the Number of Failed Crypto Coins, by Year (2013-2022)

[Gladitorcomeback]

I remember my early days in the forum and every single member investing in the altcoin market had a single objective to convert all or a part of their gains to Bitcoin.

Times have changed, most investors these days are looking for quick profits and they know it is only possible if they invest in altcoins including meme coins because altcoins tend to be more volatile than Bitcoin, and one doesn't need a large capital to be able to get decent profits which is usually the case when you are investing in Bitcoin because your profits depend on the amount you are investing, the price of the coin, and the growth percentage.

So if I'm buying an altcoin worth $10 with $100, I would get 10 coins and if the coin manages to hit $20, I will get 100% return on my investment, whereas if you have the same amount invested in Bitcoin, you will only get 100% on top of your investment if it doubles its price which is difficult since it has a huge value.

[PrivacyG]

I remember my early days in the forum and every single member investing in the altcoin market had a single objective to convert all or a part of their gains to Bitcoin.

I am not aware of what is happening now as I am too busy accumulating more Bitcoins. While, some of you are still trading altcoins or meme coins and I would like to ask from you guys that;

Do you still believe in Bitcoin and do you guys are still following the same pattern of converting some of your earned crypto to Bitcoin?

You likely followed the part of the Forum that specifically interested you, ignoring all the other Threads and discussions unrelated to what you are saying.

A lot of people are here to earn a quick profit and then just leave.  Many of them do not care about Bitcoin, Altcoins, Freedom but Money.  They want just the Money.  But we of course can not generalize, I believe there are a lot of people like you still out there who want to move through Altcoins, make Money and return to Bitcoin with the whole stash.  I am pretty certain there are more people number wise who do this than there were before even.

Just like you however, they probably do not have much time to talk about it too often.  Bitcoin is still safer than Altcoins though, so I doubt a LOT of people who stay in the Cryptocurrency Markets stick to Altcoins mostly and do not care about the safer option that always succeeded to get out of every single pit of the Market.  No body cares if you tell them you own 5 Cardano.  They do assign certain value to your identity if you mention you own Bitcoin though.

[0t3p0t]

Of course Bitcoin is always there in our hearts but the thing is we need to diversify our investments so that is why we do have Altcoins with us whether it is a shitcoin or not it doesn't matter as it is a personal preference thing but no doubt if we made profits with Altcoins, majority will surely convert some of it to Bitcoin which I personally do. Just like other crypto enthusiasts out there I have Bitcoin and Altcoins as well.

[Pandorak]

[...]

They would literally inspire others who have the same believe that meme coins can make them rich even if they don't invest in Bitcoin. I believe secretly everyone who are investing in meme coins have a secret objective.

[...]

Do you still believe in Bitcoin and do you guys are still following the same pattern of converting some of your earned crypto to Bitcoin?

I'm trying to be a bitcoin maximalist, and everything in the crypto world should be about bitcoin itself, both trading to technical developments. However, i can't turn a blind eye to meme coins that can make you rich, investing in bitcoin only makes small profits, while investing in meme coins can get multiple profits because the initial capitalization is small.

I still believe in bitcoin, and that's why i trade other tokens, but for one purpose: i allocate some of the profits to accumulate bitcoin which have real value.

[pakhitheboss]

This thread proves how much everyone here in the forum believes in Bitcoin, it shows in the reply that everyone has done. What I do not understand is that even with those replies these shitcoins are challenging the Bitcoin community as it does not make any sense. Today they might be gaining the popularity and the support of their community, can they sustain that kind of support? I do not think it is possible the reason being a community needs to believe in the principle of upgrading or changing the existing financial infrastructure. Whereas these shit coins only believe in one thing and that is utilizing the hype to create a trend, which I agree they were able to do it. Looking at the amount of projects being launched for tapping suggests that this is another hype, which will go on for a few years and then it will die. What makes me happy is that shit coins now will have a new way to attack investors.

[Fiatless]

This thread proves how much everyone here in the forum believes in Bitcoin, it shows in the reply that everyone has done. What I do not understand is that even with those replies these shitcoins are challenging the Bitcoin community as it does not make any sense. Today they might be gaining the popularity and the support of their community, can they sustain that kind of support? I do not think it is possible the reason being a community needs to believe in the principle of upgrading or changing the existing financial infrastructure. Whereas these shit coins only believe in one thing and that is utilizing the hype to create a trend, which I agree they were able to do it. Looking at the amount of projects being launched for tapping suggests that this is another hype, which will go on for a few years and then it will die. What makes me happy is that shit coins now will have a new way to attack investors.

Some people have made some money buying and selling shitcoins but many people have lost so much. There are also a few altcoins which have been around for some time now, but more have disappeared from the crypto space. The altcoin sector is very risky and technical. If one is not careful, he would lose his funds due to dumps or scams. I will always advise newbies to focus on only Bitcoin until they have an understanding of how the altcoin sector works. They should forget about the glamour and hype because they will die after a season.   

[HideYourKeys]

You might be able to make money when trading shitcoins or memecoins, but it is something SO unpredictable, full of rugpulls and scammers, that I do not think that it is worth it. Maybe you can gamble using a very small percentage of your money.

I still believe in Bitcoin, and hope I will keep believing

[Abu-Naim]

I am not aware of what is happening now as I am too busy accumulating more Bitcoins. While, some of you are still trading altcoins or meme coins and I would like to ask from you guys that;

Altcoins and meme coins are coins that give profit based on trend, they don’t last and they are not reliable that’s why we invest in them for short time just to be among and get the profit with others if we are convinced with the project and we invested early.
Accumulating BTC is the main thing and invest partially on altcoin and meme coins should not stop us from using DCA me this to accumulate more BTC.

Do you still believe in Bitcoin and do you guys are still following the same pattern of converting some of your earned crypto to Bitcoin?

Believing in Bitcoin is what I have done since for long, I have no choice than convert my profit to BTC because it is another method to accumulate more Bitcoin since we get quick money from altcoin investment, just that it is risky.

[jossiel]

You might be able to make money when trading shitcoins or memecoins, but it is something SO unpredictable, full of rugpulls and scammers, that I do not think that it is worth it. Maybe you can gamble using a very small percentage of your money.

I still believe in Bitcoin, and hope I will keep believing

That's the key, the word unpredictable and as well as uncertain.

While those that have been experts of it, let's say that because many of the altcoin investors knew what they are up to. And even so, I don't think that they are ignoring the fact of investing in Bitcoin.

It is something that they won't just let it pass. I believe that most of them are wise that they're converting their altcoin profits into Bitcoin and are only waiting for a probable dip.

Other than that, they're holding a huge part of their portfolio are in altcoins but they have got plans of converting that as well and leaning to their holdings mostly to hold more Bitcoins.

[Darker45]

There was a time when I was accumulating altcoins for the sake of making money. I wasn't even thinking of their value in Bitcoin. Later on, my base value turned into Sats. Altcoins' appreciation in price should be in Sats rather than fiat. That's the target.

It's useless for an altcoin to have an increase in USD if its value in Sats is decreasing because the main purpose is to increase my Bitcoin holdings. Bitcoin remains to be the end goal. I'd be happier if my altcoin falls in terms of USD but increases in terms of Sats than if it is increasing in fiat but falls in Sats.

[wxa7115]

There was a time when I was accumulating altcoins for the sake of making money. I wasn't even thinking of their value in Bitcoin. Later on, my base value turned into Sats. Altcoins' appreciation in price should be in Sats rather than fiat. That's the target.

It's useless for an altcoin to have an increase in USD if its value in Sats is decreasing because the main purpose is to increase my Bitcoin holdings. Bitcoin remains to be the end goal. I'd be happier if my altcoin falls in terms of USD but increases in terms of Sats than if it is increasing in fiat but falls in Sats.

That should be the end goal of those that dabble in the altcoin market, otherwise there is no point at all to invest in those coins, since the majority of the altcoins out there will collapse in a short amount of time, and the few that wont are subservient to bitcoin and its movements.

And if that is the case, then why bother holding altcoins when you can hold bitcoin which is the leader and creator of this market, and despite the claims of many altcoin developers, it is still the best coin on this market by far.