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Topic: Buy the DIP, and HODL! - page 278. (Read 136547 times)

sr. member
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April 16, 2024, 12:34:01 PM
...
Likewise with shitcoins which have impoverished many investors due to their collapse in the market, causing a lot of disappointment on the part of investors. Currently, I see that Bitcoin is no longer comparable to other assets because it really has a big rating and influence for many people after the ETF was approved. Now Bitcoin has started to correct again, which can be said to be a dip in price, so take this opportunity to continue buying before Bitcoin rises again at the halving moment.

The current dip in price more than correction and in my opinion it's due to the Geopolitical tension and investors cashed out some with the fear of wars. Ofcourse this is good time to buy Bitcoin and there is chance for further correction a little bit after the halving but sooner or later the price will start to surge post halving.

As the price of Bitcoin is depreciating in value due to the geopolitical tension going on in the middle east,  most newbies investors don't actually knows that they should only be thinking long term, and because they are only thinking of the present, they are selling off their holdings in panic, but I believe that anyone that truly believe in Bitcoin and is thinking long term,  will definitely still be holding by now.

Another thing is that, even as am accumulating Bitcoin through the DCA method, during such dip as this, I only sees opportunities to buy aggressively according to the level that it would not affect me in financing my day to day activities, and I believe that almost all experience Bitcoin investors are actually seeing opportunities in the declining market, unlike the newbie investors.

We never knew that all the one is dumping are newbies or whale saw an opportunity and dumped before anyone else utilizes the situation.

These incidents should not affect the long term investors who are accumulating bitcoin via DCA strategy unless they are affected by the wars financially.

Keep HODLing, the green days are not far away.
sr. member
Activity: 266
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April 16, 2024, 12:26:43 PM
...
Likewise with shitcoins which have impoverished many investors due to their collapse in the market, causing a lot of disappointment on the part of investors. Currently, I see that Bitcoin is no longer comparable to other assets because it really has a big rating and influence for many people after the ETF was approved. Now Bitcoin has started to correct again, which can be said to be a dip in price, so take this opportunity to continue buying before Bitcoin rises again at the halving moment.

The current dip in price more than correction and in my opinion it's due to the Geopolitical tension and investors cashed out some with the fear of wars. Ofcourse this is good time to buy Bitcoin and there is chance for further correction a little bit after the halving but sooner or later the price will start to surge post halving.

As the price of Bitcoin is depreciating in value due to the geopolitical tension going on in the middle east,  most newbies investors don't actually knows that they should only be thinking long term, and because they are only thinking of the present, they are selling off their holdings in panic, but I believe that anyone that truly believe in Bitcoin and is thinking long term,  will definitely still be holding by now.

Another thing is that, even as am accumulating Bitcoin through the DCA method, during such dip as this, I only sees opportunities to buy aggressively according to the level that it would not affect me in financing my day to day activities, and I believe that almost all experience Bitcoin investors are actually seeing opportunities in the declining market, unlike the newbie investors.
sr. member
Activity: 2520
Merit: 280
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April 16, 2024, 11:31:26 AM
...
Likewise with shitcoins which have impoverished many investors due to their collapse in the market, causing a lot of disappointment on the part of investors. Currently, I see that Bitcoin is no longer comparable to other assets because it really has a big rating and influence for many people after the ETF was approved. Now Bitcoin has started to correct again, which can be said to be a dip in price, so take this opportunity to continue buying before Bitcoin rises again at the halving moment.

The current dip in price more than correction and in my opinion it's due to the Geopolitical tension and investors cashed out some with the fear of wars. Ofcourse this is good time to buy Bitcoin and there is chance for further correction a little bit after the halving but sooner or later the price will start to surge post halving.
sr. member
Activity: 98
Merit: 55
April 16, 2024, 11:28:53 AM
No matter how someone tries to sugar coat a talk about altcoins or trying to place them as a potential investable asset, it's bullshit cause they all fall under the same unpredictability and has a lot of risk associated with them and remains a shitcoins, everything that is not bitcoin should be kept off this thread cause we not into such discussions here and our main goal and focus in on how to better our bitcoin accumulation journey and hold bitcoin.

That's right! BUT SOMETIMES, especially if you've spend years watching/researching/learning about these different Ponzis and "narratives" in the cryptocurrency world, there will definitely be " opportunities" to make money in shitcoinery. Personally, during this cycle I would prefer to do my shitcoinery that's denominated in Bitcoin natively, and there's a new narrative being pushed after experiencing the potential of Ordinals. That narrative is Bitcoin Defi. It will potentially unlock more Bitcoin capital ithan what Ethereum currently has in its network right now.
This was the same analysis I did that landed me into Pumapay, the worst mistake made as an investor. Everything was perfect with that project and they even raised over $5 million in their ICO, but at the end the worthless garbage failed woefully. Many people have their terrible experienced from shitcoins, with many of them vowing over to invest in any digital currency ever again.

You might be right that some people might be lucky to quickly sell alongside the founders when they have the opportunity but this is purely gambling and can never be qualified as an investment. I still wonder what could be the essence of taking the risk of investing in shitcoins when there  is Bitcoin. Bitcoin is just fine as it has all it takes to generate profits and give the investor the calmness and peace needed to hold for a long time.

You know @windfury your are trying to make I seem as tho there is an opportunity in the shitcoin business which I don't believe, yeah we can watch and watch and do all the research, but we can't change the fact that it's a gamble and you can't tell which is going to turn out well or not, so to be safe we just invest in bitcoin and hold with more confidence than literally throwing your money away.

I won't deny some persons have made money from shitcoinery but its still not advisable to tell people to go down that path for any reason.

1. They might be looking for good asset to.invest in and you are leading them to shitcoins which are unpredictable.

2. Shitcoins has a high tendencies to turn out as scam because they give too much control to their creators or devs behind them.

3. They are mostly ponzi schemes and no real mind behind them. They solve no problem in the world and are just built for mere money making sake.

Considering this and many other factors would you still advise anyone to go into shitcoins even if we know that doing research can help to figure out a good one, but it doesn't remove the fact that it's a risky shity thign to do with your money.

Yea, we know that bitcoin was valueless when it was created but due to its purpose of creation, which was design to end the intermidiation of a middle man in transaction using p2p due to its decentralized nature give it more potentials not to be a shitcoin. You don't also understand why it is call shitcoin. Those shot coins were developed for selfish interest, and to make money by the dev, and not to solve any problem. Bitcoin was created to solve major problems like privacy, having freedom over your funds by being your own bank. Many coins after bitcoin have crashed and we will still see many more that will crash. So it is not about that they are new and will also have strong back ground like bitcoin. The question is that, what problem do they solve that will make people need a high demand of shitcoins. They are just same thing like gambling, because the dev pump the price and when people invest with huge amount and when they see the profit, they rug pull you. Have you asked yourself what is so special about bitcoin, and why is it that those shitcoins cannot survive on their own but always allow bitcoin to control them.

Those shitcoins are duplicate of bitcoin, and that is why they are not real and will not survive the market for long because the dev is a copy cat. Ever since history of cryptocurrency, it has been confirmed that only bitcoin can be trusted, because the network is an open source in which anyone can contribute to the security and growth of the network, but those shitcoins that came out after bitcoin made  lot of investors to lose their money, and they never gained value but instead they crashed. Are you not seeing the high level of inflation that is making fiat to depreciates, but bitcoin price keeps increasing overtime, showing that it is an edge to inflation. Only the decentralized nature of bitcoin is enough to make it the superior to altcoins. Anything centralized is prone to manipulation, because human beings are greedy. Wake up mate, and learn more on bitcoin, because it has being existing and the rate of adoption is increasing, and so with the value to sure that it has come to stay as a good investment. Just the way that you cannot compare gold to any metal, that is how you should never compare bitcoin to shitcoins.

In general I'll say anything that isn't bitcoin is a shitcoin cause they are all the same lies that fail to meet the standards of bitcoin, neither can they be trusted. Bitcoin is ran by an open source community and no one is in control of anything, but many other shitcoins have insiders that can make decisions that can affect the price, how many times should we even say that shitcoins are bullshit and no one should bother going there, except at your own risk.

full member
Activity: 532
Merit: 229
April 16, 2024, 10:57:19 AM

Likewise with shitcoins which have impoverished many investors due to their collapse in the market, causing a lot of disappointment on the part of investors. Currently, I see that Bitcoin is no longer comparable to other assets because it really has a big rating and influence for many people after the ETF was approved. Now Bitcoin has started to correct again, which can be said to be a dip in price, so take this opportunity to continue buying before Bitcoin rises again at the halving moment.

I totally agree with you, we should take full advantage of this opportunity and buy bitcoins before the next bitcoin halving starts. At the moment the price of Bitcoin is low, if we buy now we can acquire a huge wealth in the future. But we must hold Bitcoin for the long term. We need a good source of income, which will help us a lot to buy bitcoin and hold it for long term, we must invest that money, that money after investing we don't depend on that invested money to survive. So invest as soon as possible, because it's not too late for the Bitcoin halving to start, the Bitcoin halving is going to start very soon.
hero member
Activity: 1120
Merit: 504
April 16, 2024, 09:54:30 AM
How can a shitcoin that doesn't give you 100% control over your money have a future? You can lose your investments in shitcoin at any time; your $100k investment will turn to $0, and there's nothing you can do about it. For instance, like the crash that happened to Luna, so many investors lost their money, and they are still suffering from it. Bitcoin is a real asset, and also in the asset class, nothing will be like it in this space. I hope you are aware that bitcoin is in the 10th position among the top 100 assets by market cap.

I also can't stop thinking about some people who still prioritize shitcoin over Bitcoin for current investment and also for long-term investment. Even though the proof of Bitcoin for everyone for more than ten years is proof that is quite real and extraordinary enough to make Bitcoin a truly classy asset at this time. However, what makes me wonder is why there are still people who don't want to buy Bitcoin considering future investment, even though everything is quite clear in fact.

Likewise with shitcoins which have impoverished many investors due to their collapse in the market, causing a lot of disappointment on the part of investors. Currently, I see that Bitcoin is no longer comparable to other assets because it really has a big rating and influence for many people after the ETF was approved. Now Bitcoin has started to correct again, which can be said to be a dip in price, so take this opportunity to continue buying before Bitcoin rises again at the halving moment.
hero member
Activity: 616
Merit: 543
April 16, 2024, 09:16:11 AM
No matter how someone tries to sugar coat a talk about altcoins or trying to place them as a potential investable asset, it's bullshit cause they all fall under the same unpredictability and has a lot of risk associated with them and remains a shitcoins, everything that is not bitcoin should be kept off this thread cause we not into such discussions here and our main goal and focus in on how to better our bitcoin accumulation journey and hold bitcoin.

That's right! BUT SOMETIMES, especially if you've spend years watching/researching/learning about these different Ponzis and "narratives" in the cryptocurrency world, there will definitely be " opportunities" to make money in shitcoinery. Personally, during this cycle I would prefer to do my shitcoinery that's denominated in Bitcoin natively, and there's a new narrative being pushed after experiencing the potential of Ordinals. That narrative is Bitcoin Defi. It will potentially unlock more Bitcoin capital ithan what Ethereum currently has in its network right now.
This was the same analysis I did that landed me into Pumapay, the worst mistake made as an investor. Everything was perfect with that project and they even raised over $5 million in their ICO, but at the end the worthless garbage failed woefully. Many people have their terrible experienced from shitcoins, with many of them vowing over to invest in any digital currency ever again.

You might be right that some people might be lucky to quickly sell alongside the founders when they have the opportunity but this is purely gambling and can never be qualified as an investment. I still wonder what could be the essence of taking the risk of investing in shitcoins when there  is Bitcoin. Bitcoin is just fine as it has all it takes to generate profits and give the investor the calmness and peace needed to hold for a long time.
sr. member
Activity: 476
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April 16, 2024, 07:26:01 AM
In as much as you are right in few of your expression, I dis agree with you mate, with your Short sighted way of spreading negative messages about Bitcoin by sounding so crazy in your narrative of what you think Bitcoin is, Bitcoin is one of the best if not the best when it comes to the world digital assets class and has proven beyond every reasonable dout about it's potentials from history since it's inception or invention , Bitcoin is not as risky as some people claims or proclaim but he I don't give a fuck about what you think Bitcoin is, because Bitcoin has made a significant outstanding performance, which gives you total control over your money, enabling borderless transactions, offering protection against inflation, preserving privacy, and as well creating an investment opportunity, Bitcoin is a save haven,  Bitcoin  is a store of value and wealth . You don't have to be dump and refused /failing to see the beauty of the potentials Bitcoin holds.
And it'll be sad if you didn't get that part, mate.  Also I implied the volatility of cryptocurrency in general when I said Bitcoin can fall, and all of that. Not necessarily that it's a bad investment choice. And making the said implication, is all with regards to  short term investors.
When you mention cryptocurrency in general, are you referring to bitcoin together with the other shitcoins? Why not simply use bitcoin and your points will be well understood and appreciated rather than deviating with your words which often make people think that the other shitcoins have the same validity as bitcoin? Efforts have been made by @JayJuanGee to encourage people to retain the word bitcoin in their discussion so that people do not confuse bitcoin with shitcoins that often bring bad reputation and prone to scams. So if you will be so kind, continue using bitcoin in comments and that will be just fine. It has all the attributes you are trying to explain.
Obviously, Bitcoin is among cryptocurrencies but the reason why we make Bitcoin of more in this discussion is because it is our most priority and the asset we have in our individual portfolio and all other cryptos come under Bitcoin that is why Bitcoin is taken to be a volatile asset. Our main objective here is focused on buying and hodling no matter the price of Bitcoin that is why the DCA is advisable then if there comes a dip, an investor with high source of income or that have reserved funds can choose to lump sum and still continue the DCA
Bitcoin being a high volatile asset needs time before your investment can boom to a certain height that is why anyone venturing into bitcoin need endurance and patience because it is not just about buying and selling but buying and hodling for the future because a greater fruit awaits your investment there.

Shitcoins probably doesn't have any future that is why we don't include shitcoins in this thread, we are more concerned about a guaranteed asset like Bitcoin and if we look at the growth and adoption of Bitcoin since it was introduced, we can have that feeling of safety and security of our Bitcoins as proud hodlers.

I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.

Bitcoin is the father the originator the one among the rest but this doesn’t mean Bitcoin is the only one, with more incoming innovations in the crypto space we’ve witnessed the rise of other crypto currency’s some which have come to stay like Bitcoin and others which have fallen off,
These experiences only helped us learn how to identify substantial projects that’ll last the test of time line Bitcoin, I’ll say not all coins aside from Bitcoin are shitcoins.
How can a shitcoin that doesn't give you 100% control over your money have a future? You can lose your investments in shitcoin at any time; your $100k investment will turn to $0, and there's nothing you can do about it. For instance, like the crash that happened to Luna, so many investors lost their money, and they are still suffering from it. Bitcoin is a real asset, and also in the asset class, nothing will be like it in this space. I hope you are aware that bitcoin is in the 10th position among the top 100 assets by market cap.
legendary
Activity: 2898
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April 16, 2024, 05:58:25 AM
But that doesn't mean my message didn't pass across.  i never said anything bad about bitcoin. no doubt that bitcoin is the topic of discussion here. But that not withstanding, clarification and explanation must be adhere with illustrations of any kind discrepancy to the knowledge and understanding of the third-party. Don't just ignore any information. you should read properly to the end. I only made a reference that if consideration were to be made aside bitcoin it would have been altcoin like etherium and BNB And some others instead of some sort of shitcoin.

Wow if you are picking out some other shitcoins, then it appears that you are trying to pump which shitcoins happen to be less shitty (and your choice of less shitty coins happens to be ethereum and BNB), so where does that lead us.. It leads us to being off topic and talking about irrelevant bullshit of whatever thousands of potential other shitcoins...  

Ain't nobody got time for that.

I was never intended to say altcoin was anyway better than bitcoin.

It does not matter.  There is no need to bring them up, unless you want to denigrate them. .. No need to say that they should be part of anybody's investment.. Talking about shitcoins, especially in an attempt to spin something positive about them remains a slippery slope.

You can do what you like, but there is no reason that any of us should want to listen to any bullshit about which shitcoins any other member believes is less shitty.. and it is especially distracting to mention something like ethereum that so many try to compare to bitcoin as if it were similar .. fuck ethereum  and fuck, other shitcoins.  You can talk about that bullshit in some other thread. .This is not the bitcoin and also ethereum as second best thread.. that is retarded to even allow that.. without pushing back on any member trying to argue to include any of that crap in this thread.

No matter how someone tries to sugar coat a talk about altcoins or trying to place them as a potential investable asset, it's bullshit cause they all fall under the same unpredictability and has a lot of risk associated with them and remains a shitcoins, everything that is not bitcoin should be kept off this thread cause we not into such discussions here and our main goal and focus in on how to better our bitcoin accumulation journey and hold bitcoin.


That's right! BUT SOMETIMES, especially if you've spend years watching/researching/learning about these different Ponzis and "narratives" in the cryptocurrency world, there will definitely be " opportunities" to make money in shitcoinery. Personally, during this cycle I would prefer to do my shitcoinery that's denominated in Bitcoin natively, and there's a new narrative being pushed after experiencing the potential of Ordinals. That narrative is Bitcoin Defi. It will potentially unlock more Bitcoin capital ithan what Ethereum currently has in its network right now.
legendary
Activity: 2758
Merit: 1228
April 16, 2024, 05:28:35 AM

 Profit making in bitcoin might not be as mouthwatering as it is in other shitcoins if you are investing with little assets, but you are sure of your investment and profits as well.

Seriously,  shitcoins shouldn't even be put next to Bitcoin. Because, what for? Bitcoin is an investment, and shitcoins are simply means to lose money. Please, let's minimize how we talk about shit here. Unless we're making references, to promote Bitcoin. Because that's what this thread is about.

Actually just like @JayJuanGee mention we should abstain from always talking about shitcoins is goes contrary to the reason of this thread because lately shitcoins discussion has been diverting so many people attention from what was supposed to be the main reason why we are all here in this thread however reasoning in different perspective even if we should talk about shitcoins there is nothing good will come out of it instead it will loses, so it will be very good for us to focus on the reason of this thread because Bitcoin is actually one of the best thing in terms of investment that has ever happened to me so it will always remain my favorite and I will keep accumulating and holding with the believe that the future will be worth holding.

Shitcoins diverting the attention of people then they promise something unrealistic which the only owners of those project will benefit that's why its really a bad choice if people will look at it as part of their investment since instead they can maximize their investment in bitcoin they come up short its because they lose a large part of their capital on those shitcoins which main intention is to scam people.

I know that its good to have multiple income streams but this discussion is different if you go on a altcoin that give you more huge chance to lose. That's why we need to think more smarter on this so that we can avoid those costly mistake and can make sure that our bitcoin volume will grow more since this could give us more good result. Bitcoin will surely be the number one favorite since this coin only show realistic growth and the potential to grow is so huge.
hero member
Activity: 658
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April 16, 2024, 04:58:45 AM
I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.
I shouldn't have attended to this your comment because most people have replied to it but let me add more to what they have said. Shitcoin don't have future if you said altcoin, it would have sound somehow because when people talks about altcoin some may think of etherium or BNB and some others that have followed btc by having a good record over the years but talking about shitcoin, it just mean talking about fucking shit which is less or below the altcoin that people feel they can invest aside bitcoin.
Bitcoin has what it takes to be called bitcoin that's why people talk more about it.. ranging from market cap, total supply, scarcity and all that. Another thing also is that bitcoin is the only coin that always experience halving each circle every four years and that has cause tremendous push in each circle making it to have an all-time high ATH each circle and that is theore reason people love talking about bitcoin or investing in it. After each halving it creates a new ATH which even the dip can never fall back below the previous ATH. After the 2024 halving it will set a new ATH and we continue till another ATH will be set around 2028 towards 2029 so there is a great hope and future for investors and all this I explained shitcoin can never be a partaker of it because they have no potential like bitcoin. That's why bitcoin is the future.


@samlucky o,  what exactly is your definition of altcoin from your expression ? I don't think if  there could be any better way of describing that all other coins besides Bitcoin are not shitty and whichever way you may have it, no one deserves to be treated preferentialy because they are way far below Bitcoin in all ramifications, and not even considering their market capitalization which could only be causing lots of distractions, wasting of money, time and energies when all of that are supposed to be allocated to Bitcoin. However, trying to argue that not all coins other than Bitcoin are shitty can apparently cause a lot of distractions to this thread which is baseless and unrealistic. Whether shitcoin or altcoin they are just the same.
I don't think if you comprehend my explanation. Despite we talk about bitcoin here doesn't mean one can not make reference to any other coin. though my explanation would have been channeld directly to Bitcoin before taking about altcoin as the second option. But that doesn't mean my message didn't pass across.  i never said anything bad about bitcoin. no doubt that bitcoin is the topic of discussion here. But that not withstanding, clarification and explanation must be adhere with illustrations of any kind discrepancy to the knowledge and understanding of the third-party. Don't just ignore any information. you should read properly to the end. I only made a reference that if consideration were to be made aside bitcoin it would have been altcoin like etherium and BNB And some others instead of some sort of shitcoin. I was never intended to say altcoin was anyway better than bitcoin. When quoting make sure you read properly to the end of any comments and get the focal point of the message before jumping into conclusion. Not just taking out a particular portion that suits your judgement and tag it a misleading statement. And Morover I am a bitcoin investor not a shity type. I don't patronize shit in disguise of bitcoin. You you check my previous coment you would know I have been talking about holding and that is not a joke. So don't try to make me look different from my explanation. I gave alot of reference in the comment above of how important is Bitcoin.
If I am asked, shit coin or no shit coin. I believe bitcoin didn't start were it is today, by implications it was more or less a shit coin back in the days therfore so far as crypto or digital currency exists and continues to be, other existing crypto has a chance even those that haven't been made..
Yea, we know that bitcoin was valueless when it was created but due to its purpose of creation, which was design to end the intermidiation of a middle man in transaction using p2p due to its decentralized nature give it more potentials not to be a shitcoin. You don't also understand why it is call shitcoin. Those shot coins were developed for selfish interest, and to make money by the dev, and not to solve any problem. Bitcoin was created to solve major problems like privacy, having freedom over your funds by being your own bank. Many coins after bitcoin have crashed and we will still see many more that will crash. So it is not about that they are new and will also have strong back ground like bitcoin. The question is that, what problem do they solve that will make people need a high demand of shitcoins. They are just same thing like gambling, because the dev pump the price and when people invest with huge amount and when they see the profit, they rug pull you. Have you asked yourself what is so special about bitcoin, and why is it that those shitcoins cannot survive on their own but always allow bitcoin to control them.

Those shitcoins are duplicate of bitcoin, and that is why they are not real and will not survive the market for long because the dev is a copy cat. Ever since history of cryptocurrency, it has been confirmed that only bitcoin can be trusted, because the network is an open source in which anyone can contribute to the security and growth of the network, but those shitcoins that came out after bitcoin made  lot of investors to lose their money, and they never gained value but instead they crashed. Are you not seeing the high level of inflation that is making fiat to depreciates, but bitcoin price keeps increasing overtime, showing that it is an edge to inflation. Only the decentralized nature of bitcoin is enough to make it the superior to altcoins. Anything centralized is prone to manipulation, because human beings are greedy. Wake up mate, and learn more on bitcoin, because it has being existing and the rate of adoption is increasing, and so with the value to sure that it has come to stay as a good investment. Just the way that you cannot compare gold to any metal, that is how you should never compare bitcoin to shitcoins.
member
Activity: 215
Merit: 24
April 16, 2024, 04:53:33 AM
I agree with you a lot Princess but I don’t agree with you about shitcoins not having a future, the way you sound right now makes me believe you think all other coins aside Bitcoin are shitcoins.
I shouldn't have attended to this your comment because most people have replied to it but let me add more to what they have said. Shitcoin don't have future if you said altcoin, it would have sound somehow because when people talks about altcoin some may think of etherium or BNB and some others that have followed btc by having a good record over the years but talking about shitcoin, it just mean talking about fucking shit which is less or below the altcoin that people feel they can invest aside bitcoin.
Bitcoin has what it takes to be called bitcoin that's why people talk more about it.. ranging from market cap, total supply, scarcity and all that. Another thing also is that bitcoin is the only coin that always experience halving each circle every four years and that has cause tremendous push in each circle making it to have an all-time high ATH each circle and that is theore reason people love talking about bitcoin or investing in it. After each halving it creates a new ATH which even the dip can never fall back below the previous ATH. After the 2024 halving it will set a new ATH and we continue till another ATH will be set around 2028 towards 2029 so there is a great hope and future for investors and all this I explained shitcoin can never be a partaker of it because they have no potential like bitcoin. That's why bitcoin is the future.


@samlucky o,  what exactly is your definition of altcoin from your expression ? I don't think if  there could be any better way of describing that all other coins besides Bitcoin are not shitty and whichever way you may have it, no one deserves to be treated preferentialy because they are way far below Bitcoin in all ramifications, and not even considering their market capitalization which could only be causing lots of distractions, wasting of money, time and energies when all of that are supposed to be allocated to Bitcoin. However, trying to argue that not all coins other than Bitcoin are shitty can apparently cause a lot of distractions to this thread which is baseless and unrealistic. Whether shitcoin or altcoin they are just the same.
I don't think if you comprehend my explanation. Despite we talk about bitcoin here doesn't mean one can not make reference to any other coin. though my explanation would have been channeld directly to Bitcoin before taking about altcoin as the second option. But that doesn't mean my message didn't pass across.  i never said anything bad about bitcoin. no doubt that bitcoin is the topic of discussion here. But that not withstanding, clarification and explanation must be adhere with illustrations of any kind discrepancy to the knowledge and understanding of the third-party. Don't just ignore any information. you should read properly to the end. I only made a reference that if consideration were to be made aside bitcoin it would have been altcoin like etherium and BNB And some others instead of some sort of shitcoin. I was never intended to say altcoin was anyway better than bitcoin. When quoting make sure you read properly to the end of any comments and get the focal point of the message before jumping into conclusion. Not just taking out a particular portion that suits your judgement and tag it a misleading statement. And Morover I am a bitcoin investor not a shity type. I don't patronize shit in disguise of bitcoin. You you check my previous coment you would know I have been talking about holding and that is not a joke. So don't try to make me look different from my explanation. I gave alot of reference in the comment above of how important is Bitcoin.
If I am asked, shit coin or no shit coin. I believe bitcoin didn't start were it is today, by implications it was more or less a shit coin back in the days therfore so far as crypto or digital currency exists and continues to be, other existing crypto has a chance even those that haven't been made..
sr. member
Activity: 98
Merit: 55
April 16, 2024, 04:19:43 AM
But that doesn't mean my message didn't pass across.  i never said anything bad about bitcoin. no doubt that bitcoin is the topic of discussion here. But that not withstanding, clarification and explanation must be adhere with illustrations of any kind discrepancy to the knowledge and understanding of the third-party. Don't just ignore any information. you should read properly to the end. I only made a reference that if consideration were to be made aside bitcoin it would have been altcoin like etherium and BNB And some others instead of some sort of shitcoin.

Wow if you are picking out some other shitcoins, then it appears that you are trying to pump which shitcoins happen to be less shitty (and your choice of less shitty coins happens to be ethereum and BNB), so where does that lead us.. It leads us to being off topic and talking about irrelevant bullshit of whatever thousands of potential other shitcoins...  

Ain't nobody got time for that.

I was never intended to say altcoin was anyway better than bitcoin.

It does not matter.  There is no need to bring them up, unless you want to denigrate them. .. No need to say that they should be part of anybody's investment.. Talking about shitcoins, especially in an attempt to spin something positive about them remains a slippery slope.

You can do what you like, but there is no reason that any of us should want to listen to any bullshit about which shitcoins any other member believes is less shitty.. and it is especially distracting to mention something like ethereum that so many try to compare to bitcoin as if it were similar .. fuck ethereum  and fuck, other shitcoins.  You can talk about that bullshit in some other thread. .This is not the bitcoin and also ethereum as second best thread.. that is retarded to even allow that.. without pushing back on any member trying to argue to include any of that crap in this thread.

No matter how someone tries to sugar coat a talk about altcoins or trying to place them as a potential investable asset, it's bullshit cause they all fall under the same unpredictability and has a lot of risk associated with them and remains a shitcoins, everything that is not bitcoin should be kept off this thread cause we not into such discussions here and our main goal and focus in on how to better our bitcoin accumulation journey and hold bitcoin.

Introducing ideas of shitcoin can cause a whole lot of trouble than you can imagine, you don't know which newbie relies on this thread for information and at this point you could put in his mind ideas that are not supposed to be their, we have talked about accepting responsibility to insure that each of ourselves give the right and quality information on this thread and that is something we must adhere to.

Frankly speaking we all know that there is a lot of risk associated with shitcoins and their shiny counterparts that people often try to compare or relate with bitcoin, as we have seen and witnessed so many times when many altcoins projects failed and even good once or those we saw as an exception like tera luna and ftx and even so many more, so with this, it's so clear that any discussion about shitcoin is misleading since we can't actually predict which is good and bad, so for our own safety we put them all into the category of shitcoin.
sr. member
Activity: 518
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April 16, 2024, 03:55:37 AM

 Profit making in bitcoin might not be as mouthwatering as it is in other shitcoins if you are investing with little assets, but you are sure of your investment and profits as well.

Seriously,  shitcoins shouldn't even be put next to Bitcoin. Because, what for? Bitcoin is an investment, and shitcoins are simply means to lose money. Please, let's minimize how we talk about shit here. Unless we're making references, to promote Bitcoin. Because that's what this thread is about.

Actually just like @JayJuanGee mention we should abstain from always talking about shitcoins is goes contrary to the reason of this thread because lately shitcoins discussion has been diverting so many people attention from what was supposed to be the main reason why we are all here in this thread however reasoning in different perspective even if we should talk about shitcoins there is nothing good will come out of it instead it will loses, so it will be very good for us to focus on the reason of this thread because Bitcoin is actually one of the best thing in terms of investment that has ever happened to me so it will always remain my favorite and I will keep accumulating and holding with the believe that the future will be worth holding.
full member
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April 16, 2024, 03:45:47 AM
You might have had good intentions.. but I still think it is problematic to talk positively about any shitcoins within bitcoin threads.  People still do it, and I applaud anyone who tells them to fuck off with their shitcoin talk..  There are a lot of non-bitcoin threads or even mainstream places where you can compare and contrast shitcoins with bitcoin.. so many times in this forum, the bitcoin threads should not tolerate any kind of talk about shitcoins, especially when the tone might be ambiguous in regards if you might be recommending to have them in your investment portfolio.. Fuck shitcoins.
It doesn't make any sense to come up with discussion about shitcoins where bitcoin is being discussed. Their is nothing to compare shitcoin with bitcoin. Shitcoins should be discussed in a place that is meant to talk about shitcoins.  Bitcoin remains the king of every other cryptocurrencies,  it is the reason why we have all shitcoins in the market. People go for shitcoins to try their luck to make quick money, they just take the risk.

Shitcoins should not be taking serious because it can dissapoint one at anytime,  all these coins are looking up to bitcoin right from when they where created now. Bitcoin the remains the main thing and the talk for everyday.
sr. member
Activity: 1022
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April 16, 2024, 03:29:37 AM


Wow if you are picking out some other shitcoins, then it appears that you are trying to pump which shitcoins happen to be less shitty (and your choice of less shitty coins happens to be ethereum and BNB), so where does that lead us.. It leads us to being off topic and talking about irrelevant bullshit of whatever thousands of potential other shitcoins... 

Ain't nobody got time for that
Exactly the point I was going to raise. This is a Bitcoin forum, buy the dip and HODL. Specifically talking about Bitcoin accumulation. We don't need some confused people coming to advertise shitcoin here.

I think we really need a 'fuck off' button. Or an off topic flag kind of thing on here 😂. It also pains me that anyone would see any other coin as a Bitcoin alternative

Anyone that think that in the crypto industry, their is an alternative to Bitcoin is just making a fool of himself, because too me, is either he or she is misinformed or uninformed, because if you look at the historical price performance of Bitcoin, you will know that it always rally back even when it's going through some rough path.

But with shit coin? Their are so many red flag attached to it that will make no inform person even have a second thought on gambling on  it, because that's what it is, investing in shit coin is just gambling, something that falls more than it rise, and when it falls, their is a 98% chances of it not getting back to it previous value again, that's why it really pissed me off when I see someone is talking about diversification in the crypto industry, As if their is anything like Bitcoin in the crypto space.

Maybe just misinform since there's a lot of deceiving attempts made by a lot of people trying to influence those newbie investor and give them some hope that they can earn easy money by investing on meme coins or other risky altcoins. We can see a lot of people flexing their short term gain in those platform but people didn't try to check if those profit is really sustainable. Also for sure before other people earn on those shitcoins they also lose a lot and if they count provably that there lose is way more larger than what they gain that's why its just a pure waste of time for investing on it since its like they are just deceiving their selves and create some illusion that actually didn't give them benefit in long run.

That's why if they really want to get a real profit the best option is to invest with bitcoin for long term since this will give us more realistic gains and we can always see the real effect since statistic each year don't lie which it gives good result for its long term holder.
member
Activity: 742
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April 16, 2024, 03:24:55 AM


Ain't nobody got time for that
Exactly the point I was going to raise. This is a Bitcoin forum, buy the dip and HODL. Specifically talking about Bitcoin accumulation. We don't need some confused people coming to advertise shitcoin here.

I think we really need a 'fuck off' button. Or an off topic flag kind of thing on here 😂. It also pains me that anyone would see any other coin as a Bitcoin alternative

Anyone that think that in the crypto industry, their is an alternative to Bitcoin is just making a fool of himself, because too me, is either he or she is misinformed or uninformed, because if you look at the historical price performance of Bitcoin, you will know that it always rally back even when it's going through some rough path.

But with shit coin? Their are so many red flag attached to it that will make no inform person even have a second thought on gambling on  it, because that's what it is, investing in shit coin is just gambling, something that falls more than it rise, and when it falls, their is a 98% chances of it not getting back to it previous value again, that's why it really pissed me off when I see someone is talking about diversification in the crypto industry, As if their is anything like Bitcoin in the crypto space.
Precisely. Misinformation is actually worse than uninformation as those that are misinformed usually want to, try to, strive to defend their cause. Trying to make shitcoins not sound so bad. And I'm careful, as most people that refer to shitcoins as 'altcoins' may be in the category. Infact Bitcoin are all Bitcoin wannabes, but in reality, they are quite the opposite. Shit that's what they are. We can go on an on dragging them down, but I prefer to talk about accumulating Bitcoin and all the possibility it pulls along with it.

Those currently hoarding Bitcoin have built a tiered ladder for the future. Because it's possible to reach such a high level with Bitcoin, Altcoin hoarders are essentially living in a fool's paradise. So it is enough to accumulate bitcoins to realize yourself on the right path and correctly, those who are not ready to accumulate bitcoins can gradually adopt the DCA method to accumulate only bitcoins. So if any person here wants to collect bitcoins in any way then surely these suggestions will be useful for them.
member
Activity: 88
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April 16, 2024, 02:59:39 AM


Ain't nobody got time for that
Exactly the point I was going to raise. This is a Bitcoin forum, buy the dip and HODL. Specifically talking about Bitcoin accumulation. We don't need some confused people coming to advertise shitcoin here.

I think we really need a 'fuck off' button. Or an off topic flag kind of thing on here 😂. It also pains me that anyone would see any other coin as a Bitcoin alternative

Anyone that think that in the crypto industry, their is an alternative to Bitcoin is just making a fool of himself, because too me, is either he or she is misinformed or uninformed, because if you look at the historical price performance of Bitcoin, you will know that it always rally back even when it's going through some rough path.

But with shit coin? Their are so many red flag attached to it that will make no inform person even have a second thought on gambling on  it, because that's what it is, investing in shit coin is just gambling, something that falls more than it rise, and when it falls, their is a 98% chances of it not getting back to it previous value again, that's why it really pissed me off when I see someone is talking about diversification in the crypto industry, As if their is anything like Bitcoin in the crypto space.
Precisely. Misinformation is actually worse than uninformation as those that are misinformed usually want to, try to, strive to defend their cause. Trying to make shitcoins not sound so bad. And I'm careful, as most people that refer to shitcoins as 'altcoins' may be in the category. Infact Bitcoin are all Bitcoin wannabes, but in reality, they are quite the opposite. Shit that's what they are. We can go on an on dragging them down, but I prefer to talk about accumulating Bitcoin and all the possibility it pulls along with it.
sr. member
Activity: 266
Merit: 205
April 16, 2024, 02:24:09 AM


Wow if you are picking out some other shitcoins, then it appears that you are trying to pump which shitcoins happen to be less shitty (and your choice of less shitty coins happens to be ethereum and BNB), so where does that lead us.. It leads us to being off topic and talking about irrelevant bullshit of whatever thousands of potential other shitcoins... 

Ain't nobody got time for that
Exactly the point I was going to raise. This is a Bitcoin forum, buy the dip and HODL. Specifically talking about Bitcoin accumulation. We don't need some confused people coming to advertise shitcoin here.

I think we really need a 'fuck off' button. Or an off topic flag kind of thing on here 😂. It also pains me that anyone would see any other coin as a Bitcoin alternative

Anyone that think that in the crypto industry, their is an alternative to Bitcoin is just making a fool of himself, because too me, is either he or she is misinformed or uninformed, because if you look at the historical price performance of Bitcoin, you will know that it always rally back even when it's going through some rough path.

But with shit coin? Their are so many red flag attached to it that will make no inform person even have a second thought on gambling on  it, because that's what it is, investing in shit coin is just gambling, something that falls more than it rise, and when it falls, their is a 98% chances of it not getting back to it previous value again, that's why it really pissed me off when I see someone is talking about diversification in the crypto industry, As if their is anything like Bitcoin in the crypto space.
sr. member
Activity: 476
Merit: 435
April 16, 2024, 12:55:28 AM
Expected better price means buy bitcoin at dips. You should decide to buy Bitcoin by monitoring the market conditions to get the expected good price or dips. But in case of depositing bitcoins or following investment DCA method may the best choice for you. The Bitcoin market is constantly changing colors so choose your best option. Rest assured that the DCA method is going to be the comfortable investment you expect.

No mate, that is not the best approach you don't have to time or monitor the market condition if is a long term investment plan , which is the concepts of this thread. Those that time or monitors the market conditions are the traders whose aim or intentions are only to maximize profits within the shortest time frame which is considered to be gambling rather investing. The dca strategy allows you to buy Bitcoin irrespective of the price point either weekly or monthly based on your financial situation. However, buying at the dip can be very good as it gives you the opportunity of buying more Bitcoin at a price lower than it's previous high but it shouldn't be considered as a primary investment strategy, the best approach could be being consistence with your dca strategy and prepare yourself for the ups and down that may happen or not to enable you maximize every opportunity of accumulating more of Bitcoin in your investment.
The best way to grow and build your bitcoin investment portfolio at that early stage is just keeping on buying with DCA persistently and consistently till you have reach maybe 50% and above of your bitcoin target before you can start considering other method of accumulating, like buying at the dip or lump sum. If a beginner wants to use the advance method of accumulating bitcoin by timing the dip, he will end up not having very little bitcoin overtime, because you can never know the bottom line of the dip. What if you think that you are in the dip, and bought with all your funds as a beginner, and the market goes dipper, you might panic and sell thinking that the price of bitcoin will keep going down, and that will result to loss. Long term hodlers that just starts his bitcoin journey do not need to monitor the market in order to know when to buy or not just use DCA to take advantage of the market.
once you start to time the market at the phase of building your portfolio, you will have issues buying much Bitcoin. Sometimes we get it all mixed up and think that if we're able to time the market and buy when the market is at the dip, then we're smart and that it's the surest way to make more profit from Bitcoin. What most of them forget is that you can't be too sure of what the price of Bitcoin will be while waiting for it to go more bearish you will be in a better position to buy. Let's say you Bitcoin at $62k yesterday and you have the resource to buy at that price but because you feel it should go down the more maybe to $60k before buying, it lead you to procrastinate and then you're seeing that Bitcoin is now at $66k and you're now confused if you should buy at that price or if you should wait much longer for it to dip back so you can finally buy and then you have to wait and then Bitcoin starts going more bullish which only leaves you with regret that doesn't translate to increasing the strength of your portfolio.

I think the best thing to do is to determine your own dip percentage, that you will like to see in the market, before any dip happens. The level of dip you want to see before you engage in market, let's say you want to see 10% dip from the market before buying, all you have to do is calculate the price that bitcoin will be when it ships 10%. When you have gotten the price, you go to your exchange and set a buy order and leave it. If bitcoin dip to that price range your order will execute. This will help you not to be confused as you have already determined before time the level of dip that will be okay for you to engage. If it dip further after your order has been filled, it's no longer your business, as you have achieved your target that was set before time. If it didn't dip to the level you were expecting, you have nothing to lose, you just continue with your routine DCA. But for me I think it's important to know the % dip you are expecting to be able to utilize the opportunity when it comes.
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