I've Been Wasting My Time With Bitcoin

[ContentWriter]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself. 

[Mia Chloe]

Bitcoin is not for everyone.

Bitcoin didn't go well for you doesn't mean it won't also go well for others too.

Bitcoin is mainly for those who are ready to hodl longterm as an investment.

You probably weren't ready before you dived into bitcoin.

Ignore bitcoin?? Lol I think that's one bad advice for newbies because people who value decentralisation will choose bitcoin every single time.

Don't forget to keep your keys safe.

[Ever-young]

No one forced you to invest in Bitcoin; there are other things that you can invest in, and it's left for you to choose what you consider best for yourself. Besides, here is a Bitcoin community. If you think and expect people to talk against Bitcoin, then you must be dreaming.
 
If you need fast profit, no one is stopping you from buying and investing in Altcoins; the choice is completely yours to make, but just know that whatever currency or asset offers you a quick profit is also capable of turning your thousand-dollar investment into zero in no time. 

[Charles-Tim]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself.

Altcoins are more volatile. Expect more profit from them if it is bull run season. But do not let that trap you because their fall is not easy. You will see many of them fall back from where they started from. The worst part is that this could be their all-time high because people will leave them for new ones that will come in the bull run season after 2026 just like they left those coins that were created before 2020 in this last bull run. Be careful of altcoins.

[Ambatman]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself. 

Lol we would still be here when altcoin investment burns you.
I don't like gambling with my money
So I vote relative stability; Bitcoin.
This is a wrong and bad advice to give to a newbie
Hopefully they smart enough to realise this
There's a reason they called shitcoins, cause they real shit
The fastest way to get burnt is investing in Shitcoins.
Yes like every Good investment capital matters 
That's why DCA is encouraged.
Don't trade,  Just HODL.

A sword is better than a faulty bomb that can explode anytime.

As a Newbie, Beware of Shitcoins. Many user in the forum advice against it for a Reason. 

[DaveF]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself. 

You are spending your days here making shit posts with just about 0 value.
If you spend any time at anything putting in no effort just spouting garbage you are going get get nothing.

As is stated frequently in programming Garbage In -> Garbage Out.

There are plenty of people who have started in BTC recently and doing quite well with minimal investment. You put in zero and got that in return.

-Dave

[pakhitheboss]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself. 

No one asked you to go for Bitcoin and if you do not understand it then leave it. We are not forcing it upon you and neither is Bitcoin forcing you to buy it. I agree on one point that it is now not as easy as it was 10 years back when the price of Bitcoin was under the reach of everyone. Being said that there is a concept DCA which anyone who understands the potential of Bitcoin in the future is doing. Before coming into any conclusion like you have done now try something that is being used to make yourself financially free.

Altcoins except those that have established themselves are risky investments. I have been here for 6 years now and I have seen how altcoins come and go. Every year a new concept pops up and every time it uses the same narrative which is to get rich quickly. For me that is a myth and trust me you will face a dilemma as to what to do when you face a big fail in this industry.

[franky1]

bitcoin is like the long term "bluechip" investment
altcoins are like the penny stocks/boiler room trades

be careful about your investments.

[bitbollo]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself.

Yes. If you are searching "fast" money like playing in a casino altcoins are good.
People that lure people to invest in shitcoins / memecoins and wasteful projects are making the real money without investing in bitcoin.

If you are an user that doesn't want scam anyone launching fake project or you don't want gamble your money with altcoins you must learn what is bitcoin and why is different from crypto. If you have a long term project there is only bitcoin for many many many reason.

of course no one is forced to invest in bitcoin and not in shitcoins. people that suggest bitcoin have no referral no gain from this action... think about it for a while...

[Amphenomenon]

You're about to get into the lions den, Be careful of what you invest on especially shitcoins, the little you have might turn to dust.

[m2017]

I never knew the real money was in altcoins and shitcoins.

Real money can only be called money that is in high demand. This is the money of the traditional financial system.

"Altcoins and shitcoins" are not money and are the same investment instruments as bitcoin.

Bitcoin is simply for rich investors.

For any investors, because you can invest any amount (even a small one).

If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum.

Why? Because it is the most stable cryptocurrency? You don't like bitcoin as money and as an investment?

At the beginning of your post you talk about cryptocurrencies as real money, and at the end you talk about investing. So what do you want to talk about?

You are simply behaving like a BTC-hater without giving any adequate arguments and voicing your position in such a way that everyone else should adhere only to your views.

The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself. 

Of course, the secret to making money is not bitcoin, but labor (commercial) activity based on providing goods or services to other people. That is what is called business.

P.S. This topic looks like trolling and provocation.

[Abbatty]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself.

No one asked for your opinion, if alt coins work for you great, enjoy. OP clearly lacks investment understanding, which is why he feels Bitcoin is for the rich. Go study more, you need it.

Altcoins are more volatile, as is the risk, so when the market is green, you will make a significant profit, but when the market crashes, so will your money. The larger the profit, the greater the risk.  Also, alt coins are unreliable and have a tough time recovering from crashes.

[kryptqnick]

If someone invests in Bitcoin, expecting a 20x or even a 5x short-term profit, that's just unrealistic expectations, which is obvious if one takes time to see how much (in percentage) Bitcoin has grown between ATHs the last couple of times. Maybe there are altcoins that can bring someone those profits, but there is an ocean of altcoins, so it is not easy to navigate it to find the right coin. And also, crucially, find the right time both to buy and to sell. If someone wants to experiment and take that risk, they are welcome to try. But Bitcoin is a safer option, if one is ready for a long-term commitment and expects mild profit.

[Solosanz]

Not really, if you trade Bitcoin futures with maximum multipliers, if you speculate correctly, you can get rich overnight.

You can also gambling using Bitcoin, only bet on above 1000x multipliers/odds, if you win, you will earn a lot money.

I'm not lying dude, I've tell you two ways to get rich with Bitcoin, it's not necessary you must use shitcoins or altcoins.

But if you ask me did I trade futures with maximum multipliers or betting on above 1000x multipliers, my answer is no since I make money not in trading or gambling, instead working.

[Frankolala]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself.

Bitcoin is not a get rich quick scheme like you think and it is also an investment for a long-term and not short-term. You cannot borrow money to invest in bitcoin or use money for important issues to invest in bitcoin because it will disappoint you are you will run at big loss.

Bitcoin is for both the rich and the poor as long as you have a discretionary income to invest. You can use DCA to buy bitcoin for as low as $10 every week consistently and persistently to build and grow your bitcoin portfolio overtime. You must not buy a whole bitcoin.

Your information is misleading on bitcoin and advising people to buy shitcoins. Newbies should not listen to OP because bitcoin is tested and has great potential with solid background. If you invest in bitcoin and hodli for long, you will not regret your action because you will make profit and it will also keep the value of your money from inflation.

Altcoins are like gambling and the chance of losing your money is 50-50 because a lot of them have crashed in the past since the dev only created them for pump and dump to scam people of their hard earned money. Altcoins will burn you and you will be crying to people around you.

[stompix]

I never knew the real money was in altcoins and shitcoins.

Well, now you know it.
Your real money goes into altcoins and shitcoins, then in the pockets of the pump and dumpers, and then you're left with shitcoins.
But yeah, real money, the one you will always lose in the end if you continuously try your luck, you might hit a good one once but keep playing with them and you'll see why it's better to stick with BTC.

I've Been Wasting My Time With Bitcoin

How much did you lose, I mean of your "precious" time? /s

[snowpega]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself. 

your words sound to me like you are looking for such a scheme that can make you rich overnight haha! who says that Bitcoin is for rich people and in my view saying this is wrong as I am not rich I am still holding it from the long term! well, you are loving shitcoin and altcoin so listen buddy these alt and shitcoin also have very huge risk to your investment you can consider that alt and shitcoins have more risk than bitcoin this is just my point of view. other than that I will suggest you to do your own research which will really help you to clear you about Bitcoin.

Let's say just, for example, you earned good profits from memes and shit-coins quickly you can lose your profit along with your invested amount quickly as these coins are more volatile and depend on the bitcoin market very much as you see the bitcoin market gaining its value then you will see some pumps in alts as well but when you see bitcoin losing its value you will notice these coins also lose their value quickly. DYOR!

[peter0425]

Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum.

That could have been the worst advice ever. I do understand your frustration but advising a beginner to jump into altcoins would be a bad idea. Beginners would not know yet how to recognize legit projects much more the ones that make actual money.

We can take advantage of both bitcoins and altcoins all at the same time. We don't need to box ourselves in just one category.

[Die_empty]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting out in cryptocurrency investing, it's best to ignore Bitcoin and the hype it receives on this forum. The secret to making any money from crypto is NOT bitcoin. Research, test, and see for yourself. 

You have not also done enough research. If you had done enough research you would have known that altcoins have made many poor. People have lost money investing in scam projects called altcoins. Investing in Bitcoin is a choice; nobody is forced to invest in it.

For me in practice, I hardly have made any serious gains from Bitcoin, Yeah, apart from using it as a payment medium for jobs I do for clients. Are there other ways people like us who are late adopters benefit from Bitcoin?

I don't think Bitcoin is for you because you can't hodl it for a long time. You also have a bad perception about profiting from it because you believe that only early adopters can make profit.

From what I've seen so far, Telegram is the future of bounty and token hunting. I'm afraid platforms like Bitcointlk have seen their best days. What do you think?

How much have you made from bounties so far? You are free to join telegram and make money. But from my experience, 99% of these projects are fake. This telegram hype will gradually fade out; Bitcointalk has stood the test of time.

[Blitzboy]

Folks, it seems that this is a frustrated investor here. When things do not go your way, it is simple to criticize. Not the issue is Bitcoin. Actually, Bitcoin has shown its value again and time yet again. It's a groundbreaking technology, a store of value, and an inflation-hedge. I know you're drawn to altcoin because of its promise for fast wealth. Those are dangerous, loaded with pump-and-dump scheme and scam.

The real issue here is not Bitcoin, it's your approach. It's about knowing the principles, doing your homework, and seeing long term. Those that make sensible Bitcoin investments are realizing actual gains. I thus advise you to stand back and educate yourself before discounting Bitcoin. Discover blockchain technology, grasp market patterns, and create a sensible investing plan. Recall in the realm of investing that knowledge is power. And knowing the correct information will help you to make Bitcoin a useful addition to your portfolio.