Bitcoin's market doesn't depend upon the industry, but the industry depends upon bitcoin. That's just one truth about the cryptocurrency world. But one thing you made a mistake with is compare bitcoin to altcoins as if altcoins can even hold a candle against bitcoin. While it sure has its perks and altcoins have become a definitive inclusion in the crypto industry. Marketcap-speaking bitcoin still remains to be the linchpin that holds everything together in the crypto world.
As for shitcoins and memecoins, I don't really relate them to bitcoin's price as they have their very own market that caters not towards utility or whatever but solely for profit and hype. After $PEPE there's not much to talk about the memecoin industry anymore, so of course it's gonna fall in price. But that's not something to be sad or boastful about, it's the basic truth in this industry.
Topic: You will burn - page 4. (Read 1047 times)
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
More risk = more rewards!Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
This is something that other people would really be thinking on which they would really be that having those chances or odds on having those huge profits once they do hit up the right shitcoin. hehe
If we do try to visit out those decentralized exchangers then those coins would really be generating multi millions of marketcap on which it something that not everyone is really knowing about.
Those volumes would really be much greater compared into those coins which are listed on CEX. This is why there are people who are really that a fan on
dealing up with shitcoins or low cap coins.
Somewhat it would really be that true that it will really be that much safe if we do stick into the coins or projects that are sitting on the top.Although it wont really be that
an assurance that you wouldnt really be having those losses but when it comes to rug pulls and crashes then you can somewhat assure that this isnt something
some shitcoin that dies totally which it do really sucks.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
As much as I always tell people that bitcoin is always the best coins to invest in when it coins to crypto currency investment, I still tell people it's not such a bad thing to find some really good altcoins and invest in them alongside the bitcoin investment.
Sorry to say but not every altcoin is a shitcoin, calling every altcoin a shitcoin is a disrespect to coin like Ethereum, bnb, solana and so on, all this coins have created millionaires, and stand a chance of surpassing their previous all the high in the coming bull run.
So, as we invest in bitcoin, lets also find some good alts and invest in them as well, there is a limit to the number of Xs bitcoin can do from it's current price.
Sorry to say but not every altcoin is a shitcoin, calling every altcoin a shitcoin is a disrespect to coin like Ethereum, bnb, solana and so on, all this coins have created millionaires, and stand a chance of surpassing their previous all the high in the coming bull run.
So, as we invest in bitcoin, lets also find some good alts and invest in them as well, there is a limit to the number of Xs bitcoin can do from it's current price.
I wish more people understood this. It's okay to invest in other coins but do that with understanding and know that Bitcoin is the safest among all cryptos. Bitcoin price goes down and you know it would go back up, but with shit coin, there is a very high percentage it won't come back up again. Once investors of a shitcoin see the price of Bitcoin dropping, they immediately sell off what's left of their shitcoin and don't think about it again, that's why it's easy for shitcoin to die off after a dip or bear market.
But with Bitcoin, we know that people will always buy again and this would make the price go up. The speculation that Bitcoin might go up again soon is one thing that makes investors buy Bitcoin again or more Bitcoin when the price dips and this in turn increases the price of Bitcoin.
There are too many shitcoins out there and choosing which to invest in seems more of a gamble than an investment.
But with Bitcoin, we know that people will always buy again and this would make the price go up. The speculation that Bitcoin might go up again soon is one thing that makes investors buy Bitcoin again or more Bitcoin when the price dips and this in turn increases the price of Bitcoin.
There are too many shitcoins out there and choosing which to invest in seems more of a gamble than an investment.
Before investing we need to think whether we are going to invest in bitcoin or invest in sheet coins.
Not sheet coins mate. And if it's about the choices, never go wrong with choosing Bitcoin.I always prefer bitcoin investment over sheet coins. Because bitcoin investment is always a long term investment. Because if we patiently plan long term investment then we will get success with bitcoin investment.
Bitcoin is here to stay so it's just wise to get on it for the long term. And that's why most of us who invests on it are also long term and holding, there's no way that you'll be wrong on this choice. And with the ones with bad experiences before with altcoins, you need to do better and don't need to be great in analysis, just sit and stack some sats and you'll be fine on the next bll run 
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
It is Bitcoin’s popularity that ironically forces people to use other chains. For example, right now it costs like $50 to send a Bitcoin transaction. What if you owe someone $5? Is Bitcoin the right tool to send that value? I would say no, it obviously isn’t. People doing actual business can’t stand around and wait for Bitcoin to be less used. They are forced to use other chains. This is a failing in the management of Bitcoin’s blockchain.
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Because of the amount of altcoins out there, most of them are just not really worth to invest but if you are really good enough you can pretty much find the hidden gems among those shitcoins because they suddenly get pumped for some reasons (due to the community, updates, or bots). It's quite interesting sometimes to look into that but if you are newbie then you should definitely be playing safe.Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Sure, the amount of Bitcoin you get by doing DCA is lower every time the price of Bitcoin is rising but if you are doing it consistently then it will really worth it at the end. Consistency is the key. In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Investing in altcoins can be a very unfortunate experience. Sometimes the problem is with the coin itself having a relatively low market capitalization and a high risk of an exit scam. Sometimes it might be a problem of buying too late or simply at a wrong moment in time. I've had my share of positive and negative experiences with altcoin investments, but overall, I agree with the op that they aren't worth it, and a simple good old Bitcoin investment is a better choice. It's simply a safer bet because Bitcoin is the #1 currency, it gets the most attention of high-profile investors, and it's been gradually growing for a longer time than altcoins.
Before investing we need to think whether we are going to invest in bitcoin or invest in sheet coins. I always prefer bitcoin investment over sheet coins. Because bitcoin investment is always a long term investment. Because if we patiently plan long term investment then we will get success with bitcoin investment.
It seems like you are just explaining which option you would use yourself for long-term investment and then suggesting it to others. Indeed, this is not wrong, but you also need to know the desires of a person or those who want to become an investor for the investment period that they will make, because not everyone wants to invest long term.
So it wouldn't be wrong if someone wanted to choose a coin other than Bitcoin with a short-term investment target, even though an investor usually also takes Bitcoin and places it in a long-term investment. And over time he also took advantage of short-term investments to buy Bitcoin again so that the amount of investment in Bitcoin could continue to increase.
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
I don't really agree that all altcoins are a scam and will dump at the first opportunity, we just have to distinguish technology-based price from hype-based price. Some altcoins are really technologically advanced - using PoS networks, low fees, high TPS and much more. It basically means that these coins have real utility, which ultimately forms their prices. On the other hand, we really do have some hype coins that cost what they cost just because of some Twitter hype and don't really have any utility. Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Some people do compare bitcoin to other cryptocurrency es, however, if we invest in bitcoin, no matter how the price fall it will still rise again. As said the price of bitcoin is currently around $40k, so we cannot compare it to the same price from last year. Those who hold their bitcoin for more than a year now will have made huge profits, while those who have hold other cryptocurrencies that market crash would have had to sell it because they have no choice. When it comes to cryptocurrencies, I only feel secure investing in bitcoin because it is the best. I can advise those that haven't purchased bitcoin yet, now is the perfect time to do so because we are expecting a bull run in the coming year, so take advantage of this opportunity to buy bitcoin.
We cannot consider the high return from altcoins to invest in and lose our money, most investors, in my opinion, started with altcoins before realizing that bitcoin is the best. All the newbies who have invested in other coins simply because they could profit on time, I believe they will learn from their mistakes and regret wasting their money on other coins.
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
More often than not, shitcoins (most of them - 99.9%) gives in high losses rather than high profits.Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
If you're lucky enough to sell it at all. Over time, many become completely useless to anyone: not traded anywhere, cost zero. Does anyone need this junk? I have some. 
There is an opinion that there is no point in holding shitcoins for more than one cycle (often even less), after which almost all shitcoins depreciate by 99%.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Well, it’s not too late to jump on the back of a BTC-bull galloping into the distance. In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Recently, bitcoin has not been particularly volatile and investing in it has been a boring activity for those who like fast-changing numbers in a block portfolio. Such amateurs are more likely to invest in shit coins, but the fact is that if you keep them for a long time, the deposit amount decreases rapidly. But bitcoin has been showing excellent volatility lately, I don't even have time to get used to the new price values. Recently it was 25k, then 19k, then 34k and now 43k. I think new surprises will come to life for the new year.
Before investing we need to think whether we are going to invest in bitcoin or invest in sheet coins. I always prefer bitcoin investment over sheet coins. Because bitcoin investment is always a long term investment. Because if we patiently plan long term investment then we will get success with bitcoin investment.
I do agree that Altcoins is far more risky compared to Bitcoin, it's not automatically suicide when a person invest in Altcoins. For early investors sure, it's not good, even Bitcoin is still risky for early investor and altcoins is far more risky. But there are some people who actually knows what they are doing and doing a thorough research before they are investing in altcoins and they can actually make a sustainable profit.
But then again , I am very agree that altcoin is far more risky compared to Bitcoin.
But then again , I am very agree that altcoin is far more risky compared to Bitcoin.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
This year clearly confirms what you said, Bitcoin outperformed most altcoins and it was a great year for everyone who invested in Bitcoin during the bear market. The DCA strategy also worked great for me. In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
I also saw some altcoins that showed much better growth than Bitcoin, but I did not have them in my portfolio (actually my portfolio consists only of Bitcoin), and that's all I had to say about it, there will always be those who can grow better, but to find these tokens you need to have very good luck.
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
I never consider Shitcoin as a proper investment. There are many people who especially newbies are looking more towards this kind of shitcoins because they expect more profit in short period of time. But eventually all but a few shitcoins fell in value so much that at one point they disappeared from the market. Although Bitcoin is worth more, I think it is more risky to invest in Shitcoin instead of Bitcoin. Currently the market value of Bitcoin is very high. DCA method is good for Bitcoin investment. It is true that many people have made quite a profit by investing in Bitcoin in the early days. DCA is a strategy where you invest a fixed amount of money in an asset at regular intervals regardless of value. This can help mitigate the effects of market volatility and lower the average cost of your investment over time. This is a popular strategy for long-term investors who believe in the potential growth of an asset like Bitcoin. If you want to get something from the investment in the future, then invest in Bitcoin, no matter what you do. Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Some people think the bitcoin price is already high, and even if they invest in bitcoin currently, they won't be making a high return. They will end up going for shitcoins without knowing that they are setting trap for themselves. If you invest in bitcoin now and are ready to hold it for a long term, if you can do so, then you will be getting a high reward from bitcoin as well, and you will have peace of mind because the risk involved in bitcoin is less than the risk involved when investing in shitcoin. A shit coin can crash at any moment and all your money will be gone. Some shit coins are created just to scam investors, and if you are looking for quick money, then you will end up falling victim.
You are right a lot of people think this way, they think because bitcoin price is high they won’t be able to realize any reasonable profit but I believe those people don’t know much about bitcoin and don’t know bitcoins potential and capabilities that’s why they think shitcoin will be more profitable. It’s probably because they lack knowledge of cryptocurrency. shitcoins can be profitable when at their earliest stage of development but they are not safe investments for any individual because they can crash and become dead and worthless at anytime and that’s why it has more risks, hence the name Shitcoins. Unlike shitcoins, bitcoin can never be a dead project instead it is the master driver to all other coins, it determines the movement of the price of all other coins so why choose to invest in a coin that is inferior to bitcoin and expect more returns and less risk. 
The value of shit coin is much less than the value of other coins that's why if the value of this coin changes a little there is a good amount of profit. But we have to think in such a way that we will lose a lot of money if we dump a small amount without thinking that it will be a profit only. While trading we only think of positive side and therefore we can't take right decision whether we are investing in sheet coin or good coin. It is better to invest your money where your money will be safer rather than investing in coins that will give relatively high returns. If there are trusted coins in the market that give relatively less profit, I would still consider it safer to invest my money in such coins. One should refrain from investing in shit coin as well as place more trust in trusted coins in the market.
Just as the title of this thread, your investment will burn when you accumulate more shit coin than Bitcoin, most of us newbie think that since shit coin gives higher return, they actually don't know that investing in shit coin instead of Bitcoin is suicidal.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
Let's take a look at the market today, Bitcoin is trading at $41800-42500, but almost all the shit coin as the name implies have fall drastically from grace. They don't know that altcoin fall more than they rise, and most times it will totally refuse to return back to the price you actually bought it, and you will be forced to sell at a loss.
Think of those guys that have DCA into Bitcoin for years, how profitable they would have been now.
In other not to get burned, start DCA into Bitcoin now and seat by and prepare for harvest during the bull run.
I do get what you mean when you say that you have done this. Can you indicate what kind of shitcoin you are referring to? Is this apart from bitcoin? You say shitcoins are ETH, ADA, BNB, APTOS, ARB, SHIB, PEPE, XRP, DAO, and others.
I said this because when you say terms like that, it's like, apart from Bitcoin, everything is shitcoins to you. Is that what you mean? This is where we have problems when it comes to the deliberation of terms that are not in order. Should we be specific about the sh*tcoins we're talking about? It's not that we just mention that shitcoins are very risky; no one specified what the crypto name is, as if what is coming out is that all cryptocurrencies apart from bitcoin are shitcoins. Clarify and prove that this shitcoin is what you are talking about; don't just make accusations without evidence.
Jump to: