Texac-I can be here if I want to be. Can you not handle any criticism of Bitcoin?
"no offense, but if you say bitcoin is shitcoin it shows you don't have any knowledge about bitcoin."-Your response demonstrates what I have said about the Bitcoin community. Bitcoin's mining algorithm was never designed to solve a scientific problem, and it is possible to use cryptocurrency mining to solve an important scientific problem while still establishing decentralized secure consensus, so Bitcoin is a shitcoin because Bitcoin attracts anti-intellectuals like you.
"you need to learn more before participating in any discussion."-You cannot give any reason why I am wrong. You are just a shithead who hates science. Well, this is what Bitcoin attracts. Bitcoin attracts shitheads.
Topic: Invest only in Bitcoin and never invest in shitcoin - page 6. (Read 1611 times)
Bitcoin is an overpriced shitcoin. Its mining algorithm was never designed to advance science, so it just attracts chlurmcks who hate science and lack intelligence. I do not want to do business with chlurmcks who hate science.
So why are you still here? You should leave the forum as soon as possible because here, you won't find anyone who hates bitcoin. I don't know what science you're talking about, but if I had to choose, I'd still choose bitcoin and only bitcoin. Bitcoin is giving us the life we have been waiting for so long, so I will never give up on it no matter what the reason. no offense, but if you say bitcoin is shitcoin it shows you don't have any knowledge about bitcoin. you need to learn more before participating in any discussion.
Hey, I'm just gonna say it straight up – invest in Bitcoin. Seriously, trying to hype up these 'shitcoins' is like saying there's hope in something named 'shitcoin' – it's a total scam, and you should run far away from it. Investing in that stuff? That's practically a crime waiting to happen, no joke.
Now, Bitcoin? It's been the OG of the crypto world, holding it down with stability. When Bitcoin makes a move, the whole crypto scene feels it. So, if we're down to take some risks and we're cool with it, it's probably smarter to put our focus on the king of the crypto jungle, and that's Bitcoin.
Now, Bitcoin? It's been the OG of the crypto world, holding it down with stability. When Bitcoin makes a move, the whole crypto scene feels it. So, if we're down to take some risks and we're cool with it, it's probably smarter to put our focus on the king of the crypto jungle, and that's Bitcoin.
Bitcoin investment is much less riskier than investing in a random altcoin that a newbie can afford, that's why it is recommended while exploring cryptocurrency.
I get it that you're bitter since yours didn't work out, and your concern about newbies who wanted to invest in cryptocurrency. But, if someone wants to risk their money in shitcoins, let them be, their money their choice. Not because yours didn't work out means it is also going to happen to everybody who will try investing their funds in shitcoins.
Some of the reasons why newbies choose shitcoins over altcoins are because they believe the potential of shitcoins is the same as bitcoin, and also because the price is cheap. They may prefer a large amount of shitcoin such as 10,000 shitcoins compared to 0.01 bitcoin. After all, we know that their hope is a multiple increase in the shitcoin they choose.I get it that you're bitter since yours didn't work out, and your concern about newbies who wanted to invest in cryptocurrency. But, if someone wants to risk their money in shitcoins, let them be, their money their choice. Not because yours didn't work out means it is also going to happen to everybody who will try investing their funds in shitcoins.
However, for those who are just starting out, and don't know about in-depth analysis and research, then choosing Bitcoin is a wise decision. Apart from having less risk than others, the potential for price increases is also better than shitcoins.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Some people ended up getting to know about altcoins before Bitcoin, and as such, they also ended up investing in some altcoins that probably earned them little or no profit. I bought some altcoin when I first hit the space because I felt that by acquiring a whole significant figure of altcoin, I could make a huge profit if the price just made a small upward move, which most of them never did, and some of those coins are even dead with zero trading volume in the exchange they are listed. Altcoin can just make someone feel they can become rich any time the token or coin gets pumped, but unfortunately, one cannot tell the coin that will even get pumped, which lands the person into holding a shitcoin if, peradventure, the coin you bought was the wrong coin. One advantage of Bitcoin over the thousands of altcoins in the space is that it doesn't follow the pump-and-dump characteristics of those altcoins.
Bitcoin investment is much less riskier than investing in a random altcoin that a newbie can afford, that's why it is recommended while exploring cryptocurrency.
I get it that you're bitter since yours didn't work out, and your concern about newbies who wanted to invest in cryptocurrency. But, if someone wants to risk their money in shitcoins, let them be, their money their choice. Not because yours didn't work out means it is also going to happen to everybody who will try investing their funds in shitcoins.
I get it that you're bitter since yours didn't work out, and your concern about newbies who wanted to invest in cryptocurrency. But, if someone wants to risk their money in shitcoins, let them be, their money their choice. Not because yours didn't work out means it is also going to happen to everybody who will try investing their funds in shitcoins.
Bitcoin is the father of all crypto currency. The name is an eye opener to crypto, and has brought or attracted many people into crypto currency today. And has continued to stand firmly without fading.
Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
Many of us don't know much about cryptocurrencies and often opt for Shitcoins for more profit. Lots of investors directly invest and is encouraged without knowing how reliable that coin and whether they can survive in the market in the future or not, which is a big mistake of ours. In the last bull run, many investors invested in various shill coins, some made a lot of money, while many investors lost their hard-earned money. Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
Cryptocurrencies are risky but should not be invested where the existence of the coin cannot be traced back to the investment. If you don't want to take that kind of risk and want a reliable long-term investment, there is definitely no alternative to investing in Bitcoin.
Altcoin season is still a thing so I wouldn't put a finality in my belief that I would never invest in shitcoin especially if there is a following behind that shitcoin that can trigger pumps, I think that there still should be some reservations about investing in other crypto besides bitcoin if we're thinking of profit and I don't think that everyone's going to disagree that if it's for profit, a little consideration should be at hand.
Investing in altcoin has some risks. But there is a chance to make good amount of money by investing in altcoin. I think if an experienced person can invest in some good coins then they can get a good amount of profit in a very short period of time. But if investing in bitcoin We have to wait for a long time to get the profit that can be done. Investing in Bitcoin will not make much profit but the invested money will be very safe. 
Bitcoin is the father of all crypto currency. The name is an eye opener to crypto, and has brought or attracted many people into crypto currency today. And has continued to stand firmly without fading.
Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Bitcoin is launched as the first digital coin that uses cryptography technology and keeps track of transactions through a distributed ledger. And it is very reliable because it is completely decentralized and the control is completely in the hands of a user. And it can also be mined for free. This is why it is so popular with everyone. And since it has a limited supply, it has a good value and everyone believes that its price will never make a major crash and it can never be scam. So investing in Bitcoin is always a good planMany turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
Shitcoins provide a short term profit as there is occasional hype in them and someone who can predict the hype and invest before the hype starts can make huge profits in a short period of time from Shitcoins, but someone who invests at a wrong time will be out of luck. A lot of losses are faced. Investing in Shitcoins is like investing money in a form of gambling where a good fortune is usefulBitcoin is the father of all crypto currency. The name is an eye opener to crypto, and has brought or attracted many people into crypto currency today. And has continued to stand firmly without fading.
Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
The solution to your problem is simple, you need to stay away from shitcoins as it is obvious you do not have the knowledge or the luck necessary to profit from them, however when it comes to the money you have lost there is nothing you can do, that money has been lost and it would be a mistake to try to recover it, as most likely in your attempt to recover it the only thing you will do is to lose even more money, and taking into account how close is the halving already, you will have no chance at all to recover from such blow in such a short amount of time. Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
Bitcoin is the father of all crypto currency. The name is an eye opener to crypto, and has brought or attracted many people into crypto currency today. And has continued to stand firmly without fading.
Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Bitcoin is launched as the first digital coin that uses cryptography technology and keeps track of transactions through a distributed ledger. And it is very reliable because it is completely decentralized and the control is completely in the hands of a user. And it can also be mined for free. This is why it is so popular with everyone. And since it has a limited supply, it has a good value and everyone believes that its price will never make a major crash and it can never be scam. So investing in Bitcoin is always a good planMany turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
Shitcoins provide a short term profit as there is occasional hype in them and someone who can predict the hype and invest before the hype starts can make huge profits in a short period of time from Shitcoins, but someone who invests at a wrong time will be out of luck. A lot of losses are faced. Investing in Shitcoins is like investing money in a form of gambling where a good fortune is useful
Years back, when i was new into the term internet marketing and making money online. I jumped from one website to another.One affiliate link to another.tried so hard to generate residual income without success.
Today, i know better. I no longer chase after popularity (good if, you can figure out a specific need within a popular niche market)
No body is going to pay you or buy a popular product that they can easily get within 200 meters away from their home.
So, the idea is to focus with convinction about what has been proven to deliver in due season. Not jumping from one crypto to another experiment what has already been proven.
Yes, you can hang around and learn about one or two crypto currency as a backup. But, impossible to flow around with millions of crypto currencies which are merging out on a daily basis.
Regards
Today, i know better. I no longer chase after popularity (good if, you can figure out a specific need within a popular niche market)
No body is going to pay you or buy a popular product that they can easily get within 200 meters away from their home.
So, the idea is to focus with convinction about what has been proven to deliver in due season. Not jumping from one crypto to another experiment what has already been proven.
Yes, you can hang around and learn about one or two crypto currency as a backup. But, impossible to flow around with millions of crypto currencies which are merging out on a daily basis.
Regards
Bitcoin is therefore a good option for long-term investment while altcoins are short term.
Of course, there is no risk in investing in Bitcoin because after investing in Bitcoin, you can hold it for a long time if you want to. On the other hand, if you invest in Altcoins, you must be careful in holding for a long time because these coins can disappear from the market at any time or be delisted by the exchange without any announcement. This may subsequently render your Shitcoin holdings worthless. So if investment is to be made then investing in Bitcoin must be wise.
If everyone knows which altcoin will boom, its hardly a profitable investment, right? Unknowns, hidden jewels, have the most potential. How do you discover them? The billion-dollar question.
Always stay informed, do your homework, and avoid overhyped coins. Sometimes luck is more important than skill.
Altcoin season is still a thing so I wouldn't put a finality in my belief that I would never invest in shitcoin especially if there is a following behind that shitcoin that can trigger pumps, I think that there still should be some reservations about investing in other crypto besides bitcoin if we're thinking of profit and I don't think that everyone's going to disagree that if it's for profit, a little consideration should be at hand.
Shitcoins are scam coins, and of course, you should stay away from them. It's a big gamble if you invest in them. The strategy is to get in early and get out at the right time, but since they're scams, there's a higher chance of losing money.
Yes, it's true, the big bet for beginners in the crypto field is investing in shitcoins. but on the other hand, if these beginners invest in shitcoins, it is not only a big risk but also stupidity or negligence in choosing investments. Maybe if beginners read these posts they will think twice as hard about where they choose to invest.once again, if you want to start investing, start by investing in bitcoin, nothing else. Learn first before falling for their promotion. Affiliates will definitely continue to look for effective promotional methods so that you fall for their bullshit. But also remember that everything called investment, especially in crypto, definitely has different risks, so please choose your own risk, bro.
Well, the moment you dive into Bitcoin, it can feel like a rollercoaster, right? I like your idea of suggesting people to stick to Bitcoin because it's a safer bet, but there's something else to consider, and that's our target profit. If we're aiming for a big return, like 100 times or more, putting all our eggs in the Bitcoin basket might not be the answer. I believe there are some good altcoins out there. Some projects are legit, and it's not fair to lump them all into the 'shitcoin' category. Some developers are genuinely trying to help the market grow with their legit projects.
Bitcoin is therefore a good option for long-term investment while altcoins are short term.
Of course, there is no risk in investing in Bitcoin because after investing in Bitcoin, you can hold it for a long time if you want to. On the other hand, if you invest in Altcoins, you must be careful in holding for a long time because these coins can disappear from the market at any time or be delisted by the exchange without any announcement. This may subsequently render your Shitcoin holdings worthless. So if investment is to be made then investing in Bitcoin must be wise.
Even though shitcoins don't make much profit for me, at least I get money from shitcoins, even though it's not a lot, so you could say I don't reject having shitcoins.
Shitcoin requires patience and accuracy in choosing it and don't expect too much profit like BTC. That's all my experience in playing Shitcoin.
and it needs to be suppressed and also shitcoins are not required to be an investment but only for the short term
Along with Bitcoin Shitcoin/altcoins are very important but Bitcoin can be invested for a long time if you want there is no risk but in the case of Shitcoin/altcoins you must keep an eye on the announcements of the market. Also in most Shitcoin/altcoins market it is better not to hold after the hype. Before investing in Shitcoin/altcoins there are various investment strategies that must be followed. Shitcoin requires patience and accuracy in choosing it and don't expect too much profit like BTC. That's all my experience in playing Shitcoin.
and it needs to be suppressed and also shitcoins are not required to be an investment but only for the short term
Even though shitcoins don't make much profit for me, at least I get money from shitcoins, even though it's not a lot, so you could say I don't reject having shitcoins.
Shitcoin requires patience and accuracy in choosing it and don't expect too much profit like BTC. That's all my experience in playing Shitcoin.
and it needs to be suppressed and also shitcoins are not required to be an investment but only for the short term
Shitcoin requires patience and accuracy in choosing it and don't expect too much profit like BTC. That's all my experience in playing Shitcoin.
and it needs to be suppressed and also shitcoins are not required to be an investment but only for the short term
That's just bitcoin maximalist behavior. Shitcoins are not just "shit" they are valuable shit if I do say so myself.
I have encountered memecoins in the past that became even more profitable than bitcoin, albeit with the catch that they didn't really last that long and slowly diluted down into obscurity when the bull run faded. But that's besides the point. Everything in this industry has its own place, even shitcoins. Truth of the matter is, everything in this industry that is not bitcoin, especially if it's a budding project with a use-case that is not yet fully fleshed out is considered to be a shitcoin. At one point, Ethereum was considered a shitcoin, XRP is considered a shitcoin, and everything else that we're happily using right now besides good old bitcoin at some point in time is considered a shitcoin. To stomp on something just because its use-case is not yet well-defined is a little prejudiced and bad for business, cause if we did that back then the whole industry wouldn't even be this big.
I have encountered memecoins in the past that became even more profitable than bitcoin, albeit with the catch that they didn't really last that long and slowly diluted down into obscurity when the bull run faded. But that's besides the point. Everything in this industry has its own place, even shitcoins. Truth of the matter is, everything in this industry that is not bitcoin, especially if it's a budding project with a use-case that is not yet fully fleshed out is considered to be a shitcoin. At one point, Ethereum was considered a shitcoin, XRP is considered a shitcoin, and everything else that we're happily using right now besides good old bitcoin at some point in time is considered a shitcoin. To stomp on something just because its use-case is not yet well-defined is a little prejudiced and bad for business, cause if we did that back then the whole industry wouldn't even be this big.
Bitcoin is therefore a good option for long-term investment while altcoins are short term.
Of course, there is no risk in investing in Bitcoin because after investing in Bitcoin, you can hold it for a long time if you want to. On the other hand, if you invest in Altcoins, you must be careful in holding for a long time because these coins can disappear from the market at any time or be delisted by the exchange without any announcement. This may subsequently render your Shitcoin holdings worthless. So if investment is to be made then investing in Bitcoin must be wise.
Although when comparing the risk of bitcoin and altcoin it may be greater altcoin and more worth it to be in bitcoin but when saying bitcoin has no risk it is actually quite naive.
We must realize that everything we do has consequences and there are risks that we must bear as our process to stay there and we know being in bitcoin is a big risk. Even if what you say by buying and holding but the question is are you ready to do that? because in the end panic as a form of risk and the desire to sell when we have made a profit even though it is still only a few percent increase is clearly a risk that must exist.
Jump to: