I've Been Wasting My Time With Bitcoin

[GigaBit]

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 are you telling mr that research have it that the most successful people in the crypto space makes their money off bitcoin investment and achieved that money through altcoins and shitcoins? It is very clear that you’re not an agitator of bitcoin and you’ll want to discourage anyone that wants to invest in them because you’re a gambler. A gambler is the only person that will just despise bitcoin and also tell people not to invest in bitcoin because it’ll take them some time before they’ll make money from it. Bitcoin is not for everybody and that doesn’t  mean you should discourage others that are interested in it. If shitcoins and altcoins that you need to gamble with works best for you, don’t discourage others that have other sources that will work best for them with less risk.

Those who expect significant returns from Bitcoin with small investments cannot expect much return from Bitcoin investment. And if someone does this, he will not get success from Bitcoin in the long run if he does not increase his investment. But in this case there are some altcoins where there is a possibility of making multiple profit on the investment. But there is no guarantee of those gambling tokens. Any time the investment can take a catastrophic turn. Those planning such investments are definitely taking a big risk. However, investing in Bitcoin is relatively risk-free. If a person invests in Bitcoin according to his means then he can definitely get good returns according to his investment.

[knowngunman]

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. 

From all indication, you are here for a reason which I don't know what it is but I bet you are not going to win. I have come across several of your posts trying to discredit bitcoin.

To some extent, you're probably right that making instant money is highly possible with shitcoins but it's more important to note that there's price for whatever you choose to do in crypto. Altcoins can make you multiple x of your investment and possibly reck you down completely within a blink of eyes.

I have no problem with whatever you believe about bitcoin but my concern is you misleading those who are just coming to this space.

[Farma]

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 You put shitcoin investing as the best way to make money between altcoin investing and altcoin investing, I'd say it won't take long for you to go broke. Because all the investments you start believing in make people fall way too fast. But yes bitcoin investment is not for everyone because bitcoin investment is only for smart people who are experienced about investment never invest in any currency other than bitcoin like sheet coin. Maybe you are not very experienced about Bitcoin investment so you are able to mention all these things here. People who are experienced in Bitcoin investment will never say all these things and they will never invest in any other shit coin other than Bitcoin.

When someone puts their assets in shitcoin to make money of course this has a big risk of losing their money especially if they do not understand well the type of altcoin they choose then of course it will make them easily lose the assets they invest and it would be better for them to first understand well what they will do with the funds they have so that they can make a profit on the investment that we will run.

It is true that to be able to make a profit on Bitcoin investment requires experience and also good knowledge about investment and they must also be able to use a strategy that suits their abilities to be able to run their investment well because when someone uses a strategy that does not match the ability of the funds they have of course it will be difficult to be able to make a profit on the investment they run and it is true as you said those who have understood well will invest in Bitcoin certainly will not bother themselves to invest in shitcoin which has a high risk of loss.

[barisbilgili]

When someone puts their assets in shitcoin to make money of course this has a big risk of losing their money especially if they do not understand well the type of altcoin they choose then of course it will make them easily lose the assets they invest and it would be better for them to first understand well what they will do with the funds they have so that they can make a profit on the investment that we will run.

It is true that to be able to make a profit on Bitcoin investment requires experience and also good knowledge about investment and they must also be able to use a strategy that suits their abilities to be able to run their investment well because when someone uses a strategy that does not match the ability of the funds they have of course it will be difficult to be able to make a profit on the investment they run and it is true as you said those who have understood well will invest in Bitcoin certainly will not bother themselves to invest in shitcoin which has a high risk of loss.

Everything that has a high risk will have the same percentage of making a profit, but this does not apply to shitcoin.
So before investing we have to learn a lot before entering it and choosing to invest in shitcoin is a big gamble with a fairly small percentage of profit.

Unlike investing in Bitcoin, this is quite common and there are many places for us to learn and also from what happened in the past we can learn so that investing will be a little easier, especially for the future I think this is a fairly safe investment.
So there is no doubt that this is a much more appropriate choice than investing in Altcoin.

[Marvell1]

When someone puts their assets in shitcoin to make money of course this has a big risk of losing their money especially if they do not understand well the type of altcoin they choose then of course it will make them easily lose the assets they invest and it would be better for them to first understand well what they will do with the funds they have so that they can make a profit on the investment that we will run.

It is true that to be able to make a profit on Bitcoin investment requires experience and also good knowledge about investment and they must also be able to use a strategy that suits their abilities to be able to run their investment well because when someone uses a strategy that does not match the ability of the funds they have of course it will be difficult to be able to make a profit on the investment they run and it is true as you said those who have understood well will invest in Bitcoin certainly will not bother themselves to invest in shitcoin which has a high risk of loss.

Everything that has a high risk will have the same percentage of making a profit, but this does not apply to shitcoin.
So before investing we have to learn a lot before entering it and choosing to invest in shitcoin is a big gamble with a fairly small percentage of profit.

Unlike investing in Bitcoin, this is quite common and there are many places for us to learn and also from what happened in the past we can learn so that investing will be a little easier, especially for the future I think this is a fairly safe investment.
So there is no doubt that this is a much more appropriate choice than investing in Altcoin.

I still maintain the opinion that: the higher the risk, the higher the profit, they are proportional to each other. Investing in shitcoin will put us at high risk of losing everything we invested but if we choose the right coin it will bring us thousands of percent profits. Altcoin or shitcoin is a risky gamble so if it cannot bring high profits then I bet you that no one will be stupid enough to take high risks but cannot get high profits. Op is having that mindset and that's why he's ignoring bitcoin and investing entirely in altcoins, and investing completely in altcoins is really a bad idea, it is like he is gambling with his money rather than investing.

[SOKO-DEKE]

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. 

As for anyone that understands cryptocurrency well and been in cryptocurrency industry for long term will tell you that altcoins and memecoins are other way of gambling in crypto industry, because there are many one this altcoin and memecoins that makes name for themselves but there not where to be found now. They have become dead tokens, so with a lot experiences people have gathered, even me, from all this alternatives coins, it really clear that that if someone really want to invest, Bitcoin is the best. But if someone want gamble in crypto industry, I will as you should go for altcoins.

Making reasonable amount of profits from Bitcoin is not that easy, but trust me, with a good amount money invested in Bitcoin and with patience by holding for some long period of term, you'll surely make a reasonable amount of profit from Bitcoin investment. Altcoins or meme coins are investments that are fully backed with luck. Someone can invest $1k now, and before a day, meme coin can turn $1k to $10k; in the same way, it can turn someone's $10k to $100 between a day or two days. There is not even a little assurance that the price will recover after it drops. But as for Bitcoin, we have experienced it several times that it recovered after a significant dump in price. Investing in altcoins or meme coins is too risky. Someone can invest in altcoins if invested or meme coins, but just invest a very small amount of money.

[Awaklara]

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. 

From all indication, you are here for a reason which I don't know what it is but I bet you are not going to win. I have come across several of your posts trying to discredit bitcoin.

To some extent, you're probably right that making instant money is highly possible with shitcoins but it's more important to note that there's price for whatever you choose to do in crypto. Altcoins can make you multiple x of your investment and possibly reck you down completely within a blink of eyes.

I have no problem with whatever you believe about bitcoin but my concern is you misleading those who are just coming to this space.

what is shared will be a bad view that new people get when reading the perception related to Bitcoin. However, currently, there are quite a lot of people who share content or experiences on social media related to Bitcoin and crypto. Sharing personal experiences or views is not a problem, but other people should also note that not everyone will have the same experience even though they focus on the same field. If they don't fit Bitcoin, there are many altcoins to choose from. If it doesn't fit trading, then there are investments or mining that can be applied. The goal remains the same, and maybe someone's skills and luck are different.

[Huppercase]

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 been in this forum since 2021, you ought to understand this better by now how altcoins and Bitcoin are two different things but you still choose this idea over Bitcoin. Alright, let me be honest with you. The real money is in Bitcoin, you can tell and judge by the volume, if real money is in altcoins and shitcoins, there would be huge volume. Just say you don't have the money to buy more than one Bitcoin, then it's understandable because you can't make money when you don't have money in Bitcoin.

Shitcoins profits are in indeed attractive and some altcoins but they are control by some small cartel that have money to do it and because the coin is not scattered around many people, they manipulate it to convince retailers to buy and by the time they pump their bags, they sell it and move down to the next project. That's how they rotate from one project to another and you keep buying shitcoins while they keep dumping on you guys.

[Hyphen(-)]

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. 

Wow, but hope you know the high risk involved in trading or investing on alt coin?

There is money in alt coin and at the same time, there is a very huge risk involved, unlike Bitcoin, you can earn a lot from alt coin and at the same time you can lose all your money within short period of time due to their  centralized nature and almost every investor is willing to get profit of his investment in which if gotten, they can dump the coin at anytime.

New crypto members who are desperate to make money can invest in altcoin, but if you want real investment and financial freedom, then Bitcoin investment is the way.

[SatoPrincess]

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 just for rich investors. You don’t have to own a whole Bitcoin in the first place. You can buy fractions of bitcoins and hodl for long term. This is a bitcoin forum and it’s expected that majority of the members here are bitcoin holders. When we give advice to newbies about buying bitcoin instead of altcoins, we always make sure to give the reason why. Bitcoin has a stability that altcoins do not have as altcoins are easily manipulated. An investor would need in-depth knowledge and experience in order to profit from altcoins or shitcoins. You can be lucky at first and make some money but in the long run you will lose more than you bargained for.

Seeing that you started this topic after making this post, I can’t help but wonder if your new found love for altcoins is motivated by the airdrop offer you got on telegram. If you want to get rich overnight or broke, shitcoins is your answer.

[cr1776]

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 report crypto news and write gambling articles" and "I have 400+ potential crypto news sources. Hire me to boost your news site's growth."

Pretty much covers why someone would post this kind of message - lots of controversy.  Bitcoin is for anyone who wants to protect themselves and have a censorship resistant form of money etc.

[Cookdata]

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 you have been wasting your time with Bitcoin, why not leave even the forum. If you leave and sell everything you have bought so far, it is going to be like a drop of water in the ocean, no any significant changes and by the time your funds are been use for exit liquidity in altcoins, you will run and learn more what altcoins are all about and why people risk their money and if indeed it's the way you say it as altcoins been the best investment than Bitcoin.

Just for some educational purposes, check some altcoins that were listed on the exchange from 2020 to now, check their previous all time high and the all time high they did when Bitcoin did a new one in this bull run. A lot of them collapsed including Bitcoin but came back, Bitcoin recovered 101% but only few altcoins made another all time high, even Ethereum price never walk near the previous all time. Know this and know peace in your investment on altcoins.

[Tmoonz]

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.

This can be very misleading as what works for A may not really work for B, it is very wrong to encourage newbies who has understand the market dynamics to get involved in other coins other than Bitcoin considering the fact that Bitcoin is less risky when compared with other coins, perhaps you are looking for a quick and get rich scheme of which Bitcoin holds a long term potential, Bitcoin has a solid foundation and has proven to be the best coin looking at it historically, don't be deceived to think that Bitcoin is only for the rich perhaps you can accumulate Bitcoin with the dca strategy either weekly or monthly as it pleases you irrespective of the price points and hold for as long as long as possibly 4 to 10 years or more of having compounded value of your investment, note that Bitcoin is for everybody both the rich and the poor that have money and readily available for Bitcoin investment.

[yhiaali3]

I don't know what happened to you that you to think real money is in altcoins and shitcoins and that Bitcoin is for wealthy investors, this is absolutely not true.

Maybe you had a bad experience that made you think that, but for me from my personal experience I believe that Bitcoin is free and available to all people even the poor, it is true that the rich can get larger amounts but the poor can get Bitcoin too.

[Abu-Naim]

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 right, the real money is in altcoins because you can get 10-50x your investment in short period of time.
Even though there is risk involved, but let’s remember that no risk no gain, but this doesn’t mean that Bitcoin investment is not profitable, in fact it is very good especially when you are saving for future, you cannot rely on altcoin as your future investment because they can run at anytime, but with Bitcoin, you can be free from inflation because Bitcoin is a store of value.

[DiMarxist]

That is very big lie. All those coins you mentioned can't compare to bitcoin and if you think bitcoin is for the Rich then you are making a very big mistake that you too can't correct. And if you want to invest as a poor man, you can use DCA method to acquire some unit of bitcoins which is what I am also using and other investors are also using. Bitcoin is for all if you have the mind and receiving small amount of money as a salary monthly then you can invest in it.
Many people have been thinking the way you are thinking and missed out from the time of investment. And now that the price is going down is an opportunity for you and your colleagues to start the investment. Don't waste time.

[red4slash]

Those who expect significant returns from Bitcoin with small investments cannot expect much return from Bitcoin investment. And if someone does this, he will not get success from Bitcoin in the long run if he does not increase his investment. But in this case there are some altcoins where there is a possibility of making multiple profit on the investment. But there is no guarantee of those gambling tokens. Any time the investment can take a catastrophic turn. Those planning such investments are definitely taking a big risk. However, investing in Bitcoin is relatively risk-free. If a person invests in Bitcoin according to his means then he can definitely get good returns according to his investment.

It is necessary to realize that the benefits are directly proportional to the sacrifices we will make so that when we make an investment, the benefits will also only be proportional to the total we are ready to lose especially when talking about bitcoin at this time where we must realize that although there will be no late for bitcoin but we are not people who are in the early period by getting bitcoin cheaper so that it will clearly adjust where the capital we save (with the risk of losing) as well as the benefits we will get.

For beginners, maybe the thought of getting profit in a short time is an initial thought and we certainly understand that because when we are new to bitcoin then surely profit is always an important factor that we want to know but over time when we are serious about bitcoin we will understand better that the concept of getting rich instantly when in bitcoin is an inappropriate thing.

[Natalim]

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 don't need to be rich so you can afford to invest in bitcoin. Remember, you don't need to buy the whole portion of bitcoin to get started but even a small part of it can actually do. So invest only at your own risk.

For altcoins and shitcoins, know that they can be profitable but can't be reliable most of the time. So if you want to invest on them, prepare yourself for some pressures and stressful nights and days that will only increase the chance of losing, rather than focusing on bitcoin and just patiently wait until its own price goes skyrocket and reaches a new all time high.

[Cryptoprincess101]

I don't know what happened to you that you to think real money is in altcoins and shitcoins and that Bitcoin is for wealthy investors, this is absolutely not true.

Maybe you had a bad experience that made you think that, but for me from my personal experience I believe that Bitcoin is free and available to all people even the poor, it is true that the rich can get larger amounts but the poor can get Bitcoin too.

The only reason why I think some people choose some altcoins instead of Bitcoin is because they feel that Bitcoin is too expensive and it takes a lot of time and effort for someone who don't have or earn enough money to build a huge portfolio in Bitcoin that will guarantee their profits and people are impatient, they just want to invest and start seeing the profits immediately but Bitcoin investments doesn't work that way as you have to hold for long term profits.
                  Bitcoin is for everyone, like even someone who don't have enough money or don't earn enough money can consider using the DCA to invest at different intervals of time, the DCA strategy is easier for all to take part in the accumulating stage without feeling pressured of any kind. Investing in Bitcoin does not mean buying a whole Bitcoin but building your portfolio gradually and consistently. Sometimes the reasons why people feel they are wasting their time investing in Bitcoin is due to the fact that they monitor the activities of altcoins in the market and see some altcoins skyrocket so high within a short time frame but they forget to know that most altcoins are mare pump and dump coins so if you use because an altcoin is pumping and decides to invest in it, when it starts dumping it is always a drastic dump without any sustainability.

[Rockstarguy]

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. 

When it comes to cryptocurrency investments we don't force or detect to people which investments they need to choose, people have the right to go for any investment they feel it is right for them and since you have done your research to see bitcoin is not good for you then good for you. Investment is a personal raise because what you like or want will different from what some other person wants too. But only time will tell and your experience to tell if investing in altcoins is more better than bitcoin. In cryptocurrency one of the best way to learn is by experience and not necessarily by what people tell you.

Research is not just enough to tell if something is good to into but the experience you will get is what will give the real answers to what you want if it is good or not.