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Topic: Newbies focus on buying Bitcoin, ignore the noise about other cryptocurrencies - page 6. (Read 1102 times)

hero member
Activity: 476
Merit: 385
Baba God Noni
Investing on shitcoins is gambling and that means that you will definitely not be happy with your investment in the long run. Bitcoin investment is the first thing anybody that wants to invest in the cryptospace should invest in, because when you invest and grow your portfolio with DCA in the long term, you will be in profit since bitcoin is still young and the price increases overtime.

You should also see bitcoin from this angle an asset that keeps the value of your money from inflation, because whatever amount of money you are using to buy bitcoin will not be affected by inflation. Instead of saving in the bank for 4 years and above, save those money gradually in bitcoin and enjoy the benefits in the long run.
sr. member
Activity: 574
Merit: 297
Trust the process, imbibe consistency
The greatest mistakes most newbies make is to pursue quick wealth which they believe they will get from low cap tokens since they assume that Bitcoin have become too expensive. Due to this approach, a lot of newcomers waste fortune to shitcoins and scams, chasing the next big pumps and before they realize that Bitcoin is the real deal and the asset that will guarantee that their money is not lost.

I am therefore encouraging newbies to start investing in Bitcoin and never yield to the hypes going on that there is a shortcut to wealth via newly lunched projects that will pump hard following some supposed expert marketing. While getting proper knowledge, you can start investing and set 5 to 10 years target and see how happy you will be with Bitcoin.
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