Altcoin is a Trap

[SPIDERMAN008]

I am telling some real issues that you may have heard at some point about other cryptocurrencies besides Bitcoin. Many people show a chart and say, look, this coin has grown a lot in 6 months, Bitcoin has not grown that much. Then they decide that Bitcoin is slow, other coins are fast. The problem is that they only show the part that is growing, not the part that is surviving. Some coins can grow a lot in a short time, but when there is a big fall, many coins fall by 80-90%, and never return to their previous price. So the real question is not how fast it grew. We should focus on whether it will survive for a long time. The real thing here is that the biggest problem for beginners is to think about their decisions a little. People spend money in the wrong places in the greed for quick profits. Later, they get scared and get out.  They regret it, and this fluctuation is the biggest loss.

Another big loss is missing opportunities. If you run after other coins and reduce your regular Bitcoin purchases, then after a few years you will see that your Bitcoin accumulation rate has decreased. Many people think that when the market rises, they will buy other coins, take profits and then come back to Bitcoin. Although it sounds very easy and profitable to hear, in reality the matter is very risky. Because in order to make a profit, they fall victim to scams. They buy tokens that actually have no value after a few days. Many people can never buy Bitcoin while running after these tokens. They do not have the ability to invest. They lose all their financial assets. When gamblers lose their financial assets, their families and society after becoming overly addicted, the same thing happens to those who have exhausted all their assets while loss after spending money to altcoins.

Let me give you an example to understand. You can invest $100 a month. If you put $100 regularly in Bitcoin, after a few years your bitcoin accumulation will increase regularly. But if you put $50k in another token thinking it will go up more, and that coin drops 80% in a big crash, you won't just lose money. Your regular Bitcoin deposits will slow down. This is the loss of opportunity. So the real rule should be like this. First, the main goal is to deposit Bitcoin. Then if you want to play, do it with very small portions which even if you lose, won't break your monthly plan. But it would be best if you never spend any money on these altcoins.

Those who say "other coins go up more" Have you ever traded in altcoins with this logic? And how did that affect your Bitcoin investment?
What was the result? And if you kept spending money into other tokens, how much of your total money did you spend there?

[Joy- maker]

Majority of altcoins out there are not worth investing on, yet some persons still allow themselves to be deceived with persuasive speech.
I can't agree less, because majority of altcoins are trap, but not all.  There are still few altcoins out there like Ethereum that are still doing well, and still worth investing on.

But Imo, I will say that, instead of Investing on altcoins focus on the ongoing accumulating of Bitcoin. Because Bitcoin is already known to be store of value with potential returns. So  Focus on Bitcoin with an accumulating target. And after you reach you accumulating target, hold your Bitcoin portfolio for long term five to ten years or more.

[Bright0515]

It's important for everyone to understand that Ponzi scheme project are everywhere and they all use the same patterns to make them loos legit. We should all be careful with what we see online because 70 to 80% of them are likely to be scam. Such patterns scammers use to get people attention is making them believe that what they are seeing is real and legit.

Yes bitcoin might be slow in terms of growth but we all need to understand that the actual price Bitcoin was in the year 2010 is not the same price it is today Feb 19 2026, it is better to make slow profits then lose our money to scammers. We shouldn't be desperate to make quick money because by doing we are being vulnerable to scam.
Altcoins are scam but not all of them, even though we want to invest into altcoins we should do more research before buying them.

[Callido]

Few people get lucky with Altcoins that is a reason why many are now in pursuit of similar lucky opportunity. You never trust what an Altcoin promises because we have most of them falsely pretend having so much potential meanwhile they end up just like the majority of them that rips their investors, strategically by hype and promotions in a short time, afterwards rug pool the project.

The choice of consuming Altcoin is optional, anyone who has the extra money to invest shouldn't mind, it might turn out to be one lucky big win for the investor, but i advice that the investor already have a strong Bitcoin asset in possession, that should be the first priority.

[Su-asa]

Few people get lucky with Altcoins that is a reason why many are now in pursuit of similar lucky opportunity. You never trust what an Altcoin promises because we have most of them falsely pretend having so much potential meanwhile they end up just like the majority of them that rips their investors, strategically by hype and promotions in a short time, afterwards rug pool the project.

Few people get lucky while investing in altcoin because they don't invest for long term. Altcoin investment is not for long term, the price does not increase and stay pu for a long term that is why some people get lucky while they invest in altcoin. I think Altcoins are more like gamble, you have to monitor the charts more than Bitcoin because Bitcoin always guarantees us a long term profits because it is a good store of value.

[Amphenomenon]

Majority of altcoins out there are not worth investing on, yet some persons still allow themselves to be deceived with persuasive speech.
I can't agree less, because majority of altcoins are trap, but not all.  There are still few altcoins out there like Ethereum that are still doing well, and still worth investing on.

I still don't consider ETH as a good altcoin to invest in, there are still better top rated altcoins with better ROI like BNB and SOL. We can see that even after all the hype during this our recent bull before the current bear it still fell below expectation. Sometimes I just see it as overhype now because I once had high expectation and then nothing significantly changed.

[Sammysmart001]

I am telling some real issues that you may have heard at some point about other cryptocurrencies besides Bitcoin. Many people show a chart and say, look, this coin has grown a lot in 6 months, Bitcoin has not grown that much. Then they decide that Bitcoin is slow, other coins are fast. The problem is that they only show the part that is growing, not the part that is surviving. Some coins can grow a lot in a short time, but when there is a big fall, many coins fall by 80-90%, and never return to their previous price. So the real question is not how fast it grew. We should focus on whether it will survive for a long time. The real thing here is that the biggest problem for beginners is to think about their decisions a little. People spend money in the wrong places in the greed for quick profits. Later, they get scared and get out.  They regret it, and this fluctuation is the biggest loss.

Another big loss is missing opportunities. If you run after other coins and reduce your regular Bitcoin purchases, then after a few years you will see that your Bitcoin accumulation rate has decreased. Many people think that when the market rises, they will buy other coins, take profits and then come back to Bitcoin. Although it sounds very easy and profitable to hear, in reality the matter is very risky. Because in order to make a profit, they fall victim to scams. They buy tokens that actually have no value after a few days. Many people can never buy Bitcoin while running after these tokens. They do not have the ability to invest. They lose all their financial assets. When gamblers lose their financial assets, their families and society after becoming overly addicted, the same thing happens to those who have exhausted all their assets while loss after spending money to altcoins.

Let me give you an example to understand. You can invest $100 a month. If you put $100 regularly in Bitcoin, after a few years your bitcoin accumulation will increase regularly. But if you put $50k in another token thinking it will go up more, and that coin drops 80% in a big crash, you won't just lose money. Your regular Bitcoin deposits will slow down. This is the loss of opportunity. So the real rule should be like this. First, the main goal is to deposit Bitcoin. Then if you want to play, do it with very small portions which even if you lose, won't break your monthly plan. But it would be best if you never spend any money on these altcoins.

Those who say "other coins go up more" Have you ever traded in altcoins with this logic? And how did that affect your Bitcoin investment?
What was the result? And if you kept spending money into other tokens, how much of your total money did you spend there?

Nice work SPIDERMAN008 you spot it right about altcoins being a trap for many investors. I find it easy to get in hype of quick gains but mostly some altcoins don’t survive long term. The aspect of focusing on bitcoin accumulation rather than chasing altcoins is a great one, sustainability over speculation. Allot of investors only have intrest on altcoins because of the short time pumps. But mostly ends to several losses when price mostly drops sharply. That why is advisable to focus on long tram sustainability with Bitcoin

[EL MOHA]

I still don't consider ETH as a good altcoin to invest in, there are still better top rated altcoins with better ROI like BNB and SOL. We can see that even after all the hype during this our recent bull before the current bear it still fell below expectation. Sometimes I just see it as overhype now because I once had high expectation and then nothing significantly changed.

ETH since the last bearish cycle in 2022 is seriously having a poor trend it actually dips with high volatility when the market is in bearish period and moves slowly when in bullish periods, this according to my research is based on the fact that there are so many layer 2’s on the Ethereum chain that many people are actually investing into instead of the parent chain network and this is reason for its poor market structure. I could remember even Vitalik one time selling his Ethereum coin. Plus I think the choice of it been a POS hasn’t made it look enticing to smaller investors to find it attractive.

Even I will take a gamble on Solana than on Ethereum.