I've Been Wasting My Time With Bitcoin

[Davidvictorson]

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 recommendation may be suited for you only and not for others. Bitcoin will always be the top 1. Because you are looking at Bitcoin like a get rich quick scheme that is why you are writing about "real money". There are many more utilities for Bitcoin other than quick money. Some of them are - store of value, hedge against inflation and others. Bitcoin will always be top tier if you are in for the long run.

[dunfida]

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. 

Well, we do have our own approach on things on which believing into something on basing up into our own experience. We do have the rights to speak freely on whatever opinion that you would be having.
If you do really found yourself on having such realizations then its your call on which you are really that somewhat true that when it comes to making money or profits then altcoin or low caps could really be able to give out such situation or condition but of course when it comes to have that kind of strong trust by the community then there's no doubt that Bitcoin would really be having that solid when it comes this manner.
If you do find yourself being that contented on what Bitcoin could give then it would be your option to focus on it,but if you do really find that altcoins would be giving out that good profits then its your call.

The important thing on here is that you do really know on what you are doing and on what are the things that you would really be trying out to achieve.
Profitability will really be that mattering on how someone would really be taking up such actions accordingly, specially into this crypto world where everything is really that
random.

[red4slash]

Bitcoin was created for everyone but not everyone will fit into bitcoin and maybe in this case you are also included with people who cannot be in bitcoin. I don't consider this a bad thing because everything depends on yourself but that doesn't mean we have to criticize one another because everyone is free to make their own choices, especially the choice of investments made.

Many people who are in bitcoin in the end are also based on research conducted because almost most realize that bitcoin's progress is very good and the fact is that from the existence of bitcoin 2 decades ago until now many people have benefited from bitcoin so that even though bitcoin is included in crypto but still bitcoin has greater control because many people are in it.
As for when you want to be in altcoin or shitcoin it's your choice because you think it's a good thing for you to do but that doesn't mean we also have to be naive by saying that bitcoin is not profitable because that sounds like nonsense.

[Findingnemo]

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 just one coin.

But shit coins probably around 10,000 live and tons of the remaining considered as dead since the project reached zero.

So let's just do the math, would you be taking risk on those 10K shitcoins to make money or you will be wise and choose the proven one.

Let's give you a comparison we have hundreds of natural metals in this world but Gold is considered as the most stable/value but what you're saying is you won't choose gold, you want to find a new metal that can become more valuable than gold.

 

[KillerEyez]

I was new to Bitcoin and had my share of ups and downs... and then someone suggested investing in altcoins etc...
as a struggler, learner, and ofcourse wanting to bag good amount of money every now and then i did look into it... I explored Playdoge, Weinerdogai... it was like if i would read about it i would go for it.... and no doubt sometimes it did get lucky for me 

But my conclusion was .. Bitcoin is for the long run.. if i am talking of  $1000K+ then I cant risk it anywhere else except on Bitcoin... yes maybe altcoins can be a little diversification... like small piggy banks... but definitely not hardcore 

[Wiwo]

I never knew the real money was in altcoins and shitcoins. Bitcoin is simply for rich investors. If you're just starting 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. 

Are you serious with this statement, or that you chose shitcoin over bitcoin, or what can be your reason for saying so at some point I can imagine any sane person choosing gambling over real assets because as far as I know, bitcoin is an asset and shitcoin is just a gamble, but I don't because of you made a quick gain in altcoin to say bitcoin is not good, the question you should have e asking if that, how long can you repeat that so-called gains you made from shitcoin?

I can bet you that you are going to lose all the accumulated gains in the next shitcoin you are going to buy and even lose your capital in the same vain, but so altcoin or shitcoin should be avoided by all means.

[pawanjain]

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 must be feeling that you have missed the boat and that the price of bitcoin has gone so high that you won't be able to make profits but that's not thr truth.
Yes, I agree that the profits from bitcoin might not be as much as altcoins but the assurity is more than any other cryptocurrency to be honest.
With bitcoin there is a sense of safety which is not there for any other coin.

[Saint-loup]

I don't understand what you mean, to be honest. For me, there is no secret, you don't need to research and test. The secret to make almost surely and safely money in cryptos is to lend your funds, but you won't get a high ROI with this strategy. Another way is to just be very lucky and to invest into a lucky altcoin during it's ICO or when its price is very low. Making some good trades with a high leverage is another option but still depending on your luck, partially at least.

[serjent05]

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. 

If you think that you are wasting your time with Bitcoin then you should have ignored this Bitcoin discussion board so that Bitcoin discussion won't eat up your time. 

Anyway if anyone is just starting in cryptocurrency I would suggest staying away from altcoin.  There are lots of scam projects on altcoin, many of the launched coins are just for money grab, and only a handful of projects among the launched altcoins are worth investing in.  I agree that an investor must do their serious research and test the water...  I am somehow sure that when you do that, you would gladly stay with Bitcoin than risk your fund on shitcoins.

[Spaceman1000$]

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. 

OP I believe what informed your decision to go into bitcoin initially was obviously for you to get quick money. Your one of those person's that come into the crypto space for quick fix money, and obviously bitcoin didn't give you the results your looking for, that's why you're sounding like this. Who doesn't know that bitcoin is an asset that grows periodically in value over time. There are lots and lots of shitcoins that have been launched yet they couldn't stand the test of time like bitcoin, so why would any sane person advise another to invest in something you know lacks substance.

[Wakate]

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. 

I can slightly agree with you but you will have to be very careful with altcoins because like what had happened in the past, altcoins can crash at anytime so you need to know the particular coins you are doing and know what you are doing if not, one could lost a lot of money. Cryptocurrency can be very profitable if we have enough funds to buy crypto tokens to hold for as long as possible for us to make money in the market. Bitcoin is one coin that has so much value and you can make good amount of money when the market is in a bull run. Investors had been buying and holding Bitcoin and making money from it and I don't know why your own case is different from other. Just go for what you want or what you think about the crypto market.

[Questat]

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.

Exactly. You don’t have to conclude that bitcoin isn’t profitable just because you are not making decent profits at it. We all have preferences when it comes to investment. While you are greedy with quick profits from altcoins, others still prefer to invest in long term so that the profits will be massive in time when they want to sell. Bitcoin is not for everyone, but it’s certainly for those who have a lot of patience while investing.

[kentrolla]

I won't blame you here because I have seen how others are saying if it doesn't work out for you it doesn't mean it won't work for other and to be honest what they have said is true but I would rather blame the hype and misconceptions creation around Bitcoin and portraying it like get rich quick scheme which isn't true because people have waited for over three years between 2018 to 2021 to get profit when it was in bear market.

I think it's our responsibility to understand any market or asset before investing in it, I guess you are short sighted because if you would have invested like 18 months ago you would have already been in 4x profit now. But the so called shit coins can make you rich or erase your portfolio in seconds.

But everyone are entitled to share their opinion unless they try to force their opinion on others.

[DeathAngel]

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. 

I know what you mean, some of us were very lucky to be in Bitcoin fairly early. You know it might be a good idea to have a well balanced portfolio with some exposure to Bitcoin, purely because it’s an inflation destroyer & it’s a lot less risky than all altcoins. By all means diversify into all kinds of altcoins but maybe hold 20% Bitcoin.

[darkangel11]

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. 

Are you trolling? If you couldn't make any money with bitcoin you are not going to make any with shitcoins. It's not bitcoin's fault you can't profit from it, despite it being up by more than 100% this year.
You can of course choose a worthless shitcoin like SHIB and hope that some crazy millionaire pumps it for you.

[Distinctin]

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.

If that is your personal views about bitcoin, then I have to respect it, but don't spread fud like bitcoin has certainly no value at all. Bitcoin is still the king of crypto and the most highly profitable in the crypto market, and I know a lot would agree to it. If you are not seeing profits from bitcoin, then don't invest, as much as we also want to avoid some altcoins and shitcoins because they don't have sustainable value in the long run, only bitcoin has.

[Obari]

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.

Your post already answered him and just as you already said that bitcoin isn’t for everyone and that already explained it all that no need to fight it and it’s not working for you doesn’t mean it’s not working for others and the truth is that, one one actually stopped you from investing in alts and you should also remember that, the higher the reward, the higher the risk and one reason why bitcoin has been preferred is the safe haven it create despite the very volatile nature of cryptocurrency that’s why people always go for bitcoin because they know that, bitcoin might never fall to zero since it’s already here to stay unlike some other altcoins that promise 1000x in an extremely short period of time and only ending up dumping and that’s why they’re open as pump and dump
Coins and projects.

[GiftedMAN]

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. 

Op, do you now expect people to ignore Bitcoin and invest in altcoin and shitcoins with you since you claim the real money lies there? have you thought about the damage that this your post will cause to newbies who may try to follow your wrong advice without knowing what they are doing. I bet you have not done any research because if you do then you won't advise anyone to choose altcoin and shitcoin investment over bitcoin investment because you are directly telling them to gamble with their money.

I won't be surprised to see your next post where you will be lamenting how you have lost all your funds because you were advised to choose shitcoin investment over bitcoin unless shame wouldn't allow you to post it here.

[Ojima-ojo]

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. 

So you think all the forum members will be hyping bitcoin if it not good, or you believe that you investment in bitcoin will benefit any member of this forum aside from you, this is sad to read that forum members are creating hype for bitcoin if bitcoin have not really been the most viable and secured investment among all the cryptocurrencies in the market.


Any ways, you are free to take a step and dive into the world of altcoins/shitcoins, and give it your short and in a short time from now return back to share your experiences with those altcoins.

[acroman08]

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.

then go ahead and invest in altcoins and shitcoins, no one is going to stop you. I remember phrases similar to "Bitcoin is simply for rich investors" have been said(or implied) a lot of times throughout Bitcoin's history, they have been using it as an excuse to not invest in Bitcoin. in short, bitcoin is for the people who are willing to take a risk, if you are too afraid to take a risk, don't invest in bitcoin.