Buy Buy Buy or Sell Sell Sell?

[Scarlett_23]

Trading and investing in Bitcoin are two completely different things. The market is always changing. To trade the market, a trader has to analyze the market, read the charts and in this case understanding the trade is very important. That means it takes a lot of experience to do the trick. In that case, those who are new, always lose to the experienced in the competition. This loss of them completely breaks their economic backbone.

If you make a mistake in trading, you will lose big in a short period of time. On the other hand, investing in Bitcoin is to go ahead without much experience, that is, to learn and learn. In this case, you don't have to worry about the ups and downs in the market, you just have to wait for the right time.

So I would say that trading is a game of big veterans and investing in Bitcoin is a game of time and patience.

[Fullcoinese]

Trading profits, if made at all cannot be compared to profits from investment. Buying and holding Bitcoin for a long-term has more profitability potential than merely trading it.

the purpose of trading and investment remains the same, which is to make a profit. Regarding the amount of profit, it all depends on the trader or investor themselves. With the skills and abilities they have, they know where to get profit. Because not everyone is able to hold assets for a long time. Likewise, not everyone is able to trade well and make a profit. Buying and holding Bitcoin in the long term does have the potential for greater profits. Less risk for beginners, but for beginners who have knowledge. Many beginners are obsessed with buying Bitcoin because they follow the trend, it will be a mistake when they do not have the right knowledge before investing.

[Futurexxx]

Trading profits, if made at all cannot be compared to profits from investment. Buying and holding Bitcoin for a long-term has more profitability potential than merely trading it.

the purpose of trading and investment remains the same, which is to make a profit. Regarding the amount of profit, it all depends on the trader or investor themselves. With the skills and abilities they have, they know where to get profit. Because not everyone is able to hold assets for a long time. Likewise, not everyone is able to trade well and make a profit. Buying and holding Bitcoin in the long term does have the potential for greater profits. Less risk for beginners, but for beginners who have knowledge. Many beginners are obsessed with buying Bitcoin because they follow the trend, it will be a mistake when they do not have the right knowledge before investing.

Am really disappointed in what you are actually saying here honestly, I mean the bold words in your statement, you have been registered here for like six years plus now in this forum if am not mistaken, but you are actually not learning, why would you even make a statement like this?
If holding Bitcoin for a very long period of time doesn't have the potential for greater profit then what's then have a greater profit potential?
Even traders that just want quick money knows that on the longer run, their overall revenue in 15years is no where near the profit of someone holding Bitcoin in the same timeframe if his stash of Bitcoin is huge, the earlier you stop deceiving yourself and newbies the better, because traders aren't making money the way they are claiming, about 90% of traders I know are always losing money, so what do you think that have more profit potential than Bitcoin on the longer run? The earlier you stop wallowing in ignorance, the better.

[Joy- maker]

Trading profits, if made at all cannot be compared to profits from investment. Buying and holding Bitcoin for a long-term has more profitability potential than merely trading it.

the purpose of trading and investment remains the same, which is to make a profit. Regarding the amount of profit, it all depends on the trader or investor themselves. With the skills and abilities they have, they know where to get profit. Because not everyone is able to hold assets for a long time. Likewise, not everyone is able to trade well and make a profit. Buying and holding Bitcoin in the long term does have the potential for greater profits. Less risk for beginners, but for beginners who have knowledge. Many beginners are obsessed with buying Bitcoin because they follow the trend, it will be a mistake when they do not have the right knowledge before investing.

I disagree with you the purpose of trading and investing is not thesame, trading is very risky you can loose all your money in trading, but when it comes to investment it's less risky and profitable, because if you want to succeed and get better profit in bitcoin especially as a newbie then invest in BTC by accumulating and holding for a long period of time not trading, in other for you to take control over your emotions, just buy and hold for long term it we give you massive profit than trading.BTC has been seen as a store of value with potential returns, so why trading out your money instead of using it to buy BTC and hold for long term.

[SuperBitMan]

Trading profits, if made at all cannot be compared to profits from investment. Buying and holding Bitcoin for a long-term has more profitability potential than merely trading it.

Buying and holding Bitcoin in the long term does have the potential for greater profitss. Less risk for beginners, but for beginners who have knowledge. Many beginners are obsessed with buying Bitcoin because they follow the trend, it will be a mistake when they do not have the right knowledge before investing.

You are totally wrong, when it comes to bitcoin investment accumulating and holding Bitcoin for long term has more potential for greater profit than trading so I really don't know where you got that idea from that holding Bitcoin in the long term does have the potential for greater profits, so those who has been consistently accumulating and holding Bitcoin since Bitcoin was $1k till date has not made a greater profit, some people who has been accumulating and holding Bitcoin for long term has reached a fuck you stage where even if they don't work they can live and survive very well with there accumulated Bitcoin and you still say holding Bitcoin in the long term does have the potential for greater profits, a trader can't reach a fuck you stage because in trading you lose and you gain no matter how long you have been into trading or how good you are you can't be gaining every day you will lose some days and gain some days so if you check it those who are only accumulating and holding consistently makes more profit on the long run than traders, whether you are a beginner or not trading is risky and it can't be compared to consistently accumulating and hodling for long term.

[JayJuanGee]

[edited out]

I see some people linking trading to Bitcoin investment and it gets me confused cause, Bitcoin investment requires longevity while trading are for those that are impatient to wait for a longer period and are willing to risk speculating the price of other cryptocurrencies, I don't even think it would be nice to involve a coin like Bitcoin with trading cause it's very risky and one could lose everything they've been trying to achieve, the best way to maximise profits in Bitcoin investment is to buy and hold for a longer period, then buy periodically to help recover loses when their's a dip.

 Some people get the both concepts wrong and it's so misleading, it's either you choose to be a holder which is buying and holding Bitcoin for longer period or risk going into trading Alts and shitcoin but the concepts shouldn't be misinterpreted, you don't trade with Bitcoin neither is it advisable to hold shitcoins for a longer period but if anyone decides to do otherwise then the joke's on them cause it would end in regrets, except luck helps them like it does for some traders but it's not advisable especially for Newbies.

Many people cannot resist temptations to trade, and if they could at least force themselves to limit their trading budget to no more than 10% the size of their BTC stash, without cheating by continuing to dip in  their BTC stash when they lose, then they might be able to at least satisfy their inclination to want to trade/gamble.   

A lot of people are not able to limit themselves to less than 10% trading (and shitcoining), yet those who do will likely come to see that trading is a very difficult thing to accomplish, including taking a long to time to practice in order to get it to be consistently profitable, especially over a longer timeline,  such as 4-8 years... the longer the time frame, the more likely they would  have had been way better off just buying bitcoin and sticking with a focus on accumulating bitcoin.. yet it is understandable that they might want to try to outsmart the market.. so if they can at least limit themselves to less than 10% for  their  trading and shitcoining, then they can really find out whether they have abilities to trade and to actually outperform bitcoin over a longer timeframe.

[Proty]

Trading profits, if made at all cannot be compared to profits from investment. Buying and holding Bitcoin for a long-term has more profitability potential than merely trading it.

the purpose of trading and investment remains the same, which is to make a profit. Regarding the amount of profit, it all depends on the trader or investor themselves. With the skills and abilities they have, they know where to get profit. Because not everyone is able to hold assets for a long time. Likewise, not everyone is able to trade well and make a profit. Buying and holding Bitcoin in the long term does have the potential for greater profits. Less risk for beginners, but for beginners who have knowledge. Many beginners are obsessed with buying Bitcoin because they follow the trend, it will be a mistake when they do not have the right knowledge before investing.

Trading and investing is not the same thing a trader wants to make quick profit within a short period of time while an investor is not looking for quick profit like a trader. In fact in trading you are exposed to more risk than investing and you can lose all your money within a Bink of an eye that is trading is always seen as gambling. It will not be a mistake for a new beginner start investing in bitcoin without having the right knowledge, however it will only be a mistake when they are not investing from their discretionary income. So along as you have the discretionary income you are good to start your bitcoin investment.

[Samlucky O]

Some people get the both concepts wrong and it's so misleading, it's either you choose to be a holder which is buying and holding Bitcoin for longer period or risk going into trading Alts and shitcoin but the concepts shouldn't be misinterpreted, you don't trade with Bitcoin neither is it advisable to hold shitcoins for a longer period but if anyone decides to do otherwise then the joke's on them cause it would end in regrets, except luck helps them like it does for some traders but it's not advisable especially for Newbies.

Although you have made a decent point here but I want to let you know that despite Bitcoin is meant for buying and HODLing for a long period of time does not mean people don't trade with it. I am surely taking about the part which I bolded. Which you say that you don't trade with Bitcoin neither it is not advisable to HODL shitcoins. Yes it's true but people do trade Bitcoin more than any other Altcoin or shitcoins. But note that my explanation doesn't in any mean I am a supporter of trading or gambling but just drawing to your notice that Bitcoin is traded by many because you sounded as if no one trade in Bitcoin.

A lot of people are not able to limit themselves to less than 10% trading (and shitcoining), yet those who do will likely come to see that trading is a very difficult thing to accomplish, including taking a long to time to practice in order to get it to be consistently profitable, especially over a longer timeline,  such as 4-8 years... the longer the time frame, the more likely they would  have had been way better off just buying bitcoin and sticking with a focus on accumulating bitcoin.. yet it is understandable that they might want to try to outsmart the market.. so if they can at least limit themselves to less than 10% for  their  trading and shitcoining, then they can really find out whether they have abilities to trade and to actually outperform bitcoin over a longer timeframe.

Funny enough, those that want to outperform the market end up losing. Even though surely they make some peunot but can't be compared to people who Hodl for long.

Those who find it difficult to limit themselves to less than %10 trading on shitcoins or Bitcoin are just being addicted
 Trading can be a serious addiction Hence people underestimate it. Surely whenever a person proclaim to trade with %10 and surely over spend and use above %10 it becomes addiction. There are folks who might have been accumulating for a long period of time but was tempted to trade above %10 of their HODLings and gradually Trading above the %10 and thinking they will stop but little to no time 4-8 years passed their %100 HODLings may be seriously tamperd which is caused by addiction. So it's better people don't even give trading a chance otherwise it will leed to trading below %10 to above %10, or trading of the total amount accumulated because of greed. Even though most guys will be resistance to it while majority will fall to the trap.

[Tamaperdana]

Bitcoin is not a cryptocurrency don't mislead newbies here bitcoin is bitcoin while shitcoins is shitcoins moreover this is a bitcoin discussion thread so you can take your Crypto elsewhere.

Unless you are advising investor or newbies not to invest into shitcoins rather than bitcoin investment which their discretionary income and hodl bitcoin for long either using the DCA strategy to stack bitcoin buying either weekly or monthly and hodl rather than fucking around shitcoins.

Personally, if you say that Bitcoin is not part of cryptocurrencies, I think that assumption is also inaccurate. Because as far as I know, those that use blockchain technology or cryptography can be said to be part of crypto currency. So bitcoin can also be called part of crypto, because bitcoin also uses blockchain technology and in fact bitcoin is the one who pioneered it. But what differentiates bitcoin from other cryptocurrencies is its quality alone. Because it cannot be denied that what we call shitcoin has quite bad quality. So it wouldn't be good if used as an investment. In contrast to bitcoin, bitcoin has a decentralized system and also has a high level of security that will be difficult for any cybercriminal to penetrate. That's why bitcoin is superior to shitcoin. And it's true that instead of trading in shitcoins, it's definitely better to invest in bitcoin. Because investing in bitcoin has very minimal risk and playing with shitcoins is very risky. So we really have to stay away from shitcoins and keep investing in bitcoin.

[WhoYouCantKill]

[edited out]

I see some people linking trading to Bitcoin investment and it gets me confused cause, Bitcoin investment requires longevity while trading are for those that are impatient to wait for a longer period and are willing to risk speculating the price of other cryptocurrencies, I don't even think it would be nice to involve a coin like Bitcoin with trading cause it's very risky and one could lose everything they've been trying to achieve, the best way to maximise profits in Bitcoin investment is to buy and hold for a longer period, then buy periodically to help recover loses when their's a dip.

 Some people get the both concepts wrong and it's so misleading, it's either you choose to be a holder which is buying and holding Bitcoin for longer period or risk going into trading Alts and shitcoin but the concepts shouldn't be misinterpreted, you don't trade with Bitcoin neither is it advisable to hold shitcoins for a longer period but if anyone decides to do otherwise then the joke's on them cause it would end in regrets, except luck helps them like it does for some traders but it's not advisable especially for Newbies.

Many people cannot resist temptations to trade, and if they could at least force themselves to limit their trading budget to no more than 10% the size of their BTC stash, without cheating by continuing to dip in  their BTC stash when they lose, then they might be able to at least satisfy their inclination to want to trade/gamble.   

A lot of people are not able to limit themselves to less than 10% trading (and shitcoining), yet those who do will likely come to see that trading is a very difficult thing to accomplish, including taking a long to time to practice in order to get it to be consistently profitable, especially over a longer timeline,  such as 4-8 years... the longer the time frame, the more likely they would  have had been way better off just buying bitcoin and sticking with a focus on accumulating bitcoin.. yet it is understandable that they might want to try to outsmart the market.. so if they can at least limit themselves to less than 10% for  their  trading and shitcoining, then they can really find out whether they have abilities to trade and to actually outperform bitcoin over a longer timeframe.

Trading can indeed be very tempting and many people are often lured into giving it a try, most people often have this huge misconception about it by thinking that it’s an easy peasy process, either because they often see that some of those online traders shows off their profits (some of which are actually false proofs) and then they also imagine themselves giving it a try and also making the same profits too. But the truth there is that trading is actually just a slippery slope. Many people who started out in trading end up quitting earlier than they imagined due to unintended losses which are inevitable when it comes to trading, even for those who pose themselves to be professional traders.

I completely agree to your idea of setting a trading limit of not more than 10% of your asset for those who can’t resist the alluring itch to trade, because this way, the person can actually satisfy their itch to trade without having to risk losing their Bitcoin stash. And the truth is that if you’re unable to stick to that limit then that’s a huge sign that you really do not have what it takes to trade because trading requires a very high level of discipline and self control.

Yeah due to the complexity of trading, it takes a pretty long time of practice and patience to be able to become consistent in making profits off trading. Even when that happens, it still doesn’t mean that you won’t encounter heavy losses sometimes because there are no guarantees in trading and no one is immune to losses from trading so rather than undergoing such financial pressure, isn’t it just way more better to buy and hodl for the long term?

[sotelorene]

Bitcoin is not a cryptocurrency don't mislead newbies here bitcoin is bitcoin while shitcoins is shitcoins moreover this is a bitcoin discussion thread so you can take your Crypto elsewhere.

Unless you are advising investor or newbies not to invest into shitcoins rather than bitcoin investment which their discretionary income and hodl bitcoin for long either using the DCA strategy to stack bitcoin buying either weekly or monthly and hodl rather than fucking around shitcoins.

Personally, if you say that Bitcoin is not part of cryptocurrencies, I think that assumption is also inaccurate. Because as far as I know, those that use blockchain technology or cryptography can be said to be part of crypto currency. So bitcoin can also be called part of crypto, because bitcoin also uses blockchain technology and in fact bitcoin is the one who pioneered it. But what differentiates bitcoin from other cryptocurrencies is its quality alone. Because it cannot be denied that what we call shitcoin has quite bad quality. So it wouldn't be good if used as an investment. In contrast to bitcoin, bitcoin has a decentralized system and also has a high level of security that will be difficult for any cybercriminal to penetrate. That's why bitcoin is superior to shitcoin. And it's true that instead of trading in shitcoins, it's definitely better to invest in bitcoin. Because investing in bitcoin has very minimal risk and playing with shitcoins is very risky. So we really have to stay away from shitcoins and keep investing in bitcoin.

You are making sense though but the truth is Bitcoin is still a part of cryptocurrency but for the sake of newbie here it won't be good to be addressing it as a cryptocurrency because this can make them to invest in shitcoin thinking that they are all same thing which may result to a loss or gain depending so it will be wise if we don't classified or categorize Bitcoin in cryptocurrency. However, one of the difference you didn't mentioned that makes Bitcoin so special is the potential of it and not just quality as you mentioned because some other shitcoin has quality and no investment is risk free but the risk in Bitcoin investment is very minimal and if you should hold for a long period of time with consistent accumulation you will make a good return.

[Stormisover]

Bitcoin is not a cryptocurrency don't mislead newbies here bitcoin is bitcoin while shitcoins is shitcoins moreover this is a bitcoin discussion thread so you can take your Crypto elsewhere.

Unless you are advising investor or newbies not to invest into shitcoins rather than bitcoin investment which their discretionary income and hodl bitcoin for long either using the DCA strategy to stack bitcoin buying either weekly or monthly and hodl rather than fucking around shitcoins.

Personally, if you say that Bitcoin is not part of cryptocurrencies, I think that assumption is also inaccurate. Because as far as I know, those that use blockchain technology or cryptography can be said to be part of crypto currency. So bitcoin can also be called part of crypto, because bitcoin also uses blockchain technology and in fact bitcoin is the one who pioneered it. But what differentiates bitcoin from other cryptocurrencies is its quality alone. Because it cannot be denied that what we call shitcoin has quite bad quality. So it wouldn't be good if used as an investment. In contrast to bitcoin, bitcoin has a decentralized system and also has a high level of security that will be difficult for any cybercriminal to penetrate. That's why bitcoin is superior to shitcoin. And it's true that instead of trading in shitcoins, it's definitely better to invest in bitcoin. Because investing in bitcoin has very minimal risk and playing with shitcoins is very risky. So we really have to stay away from shitcoins and keep investing in bitcoin.

You are making sense though but the truth is Bitcoin is still a part of cryptocurrency but for the sake of newbie here it won't be good to be addressing it as a cryptocurrency because this can make them to invest in shitcoin thinking that they are all same thing which may result to a loss or gain depending so it will be wise if we don't classified or categorize Bitcoin in cryptocurrency. However, one of the difference you didn't mentioned that makes Bitcoin so special is the potential of it and not just quality as you mentioned because some other shitcoin has quality and no investment is risk free but the risk in Bitcoin investment is very minimal and if you should hold for a long period of time with consistent accumulation you will make a good return.

What quality does some other shitcoins have when they are all dependent on Bitcoin? All shitcoins are just shitcoins, there is no specialty to any one  they are all the same and should be treated the same way, we don't have to get confused about this, the truth can be bitter  

[fikrett]

What quality does some other shitcoins have when they are all dependent on Bitcoin? All shitcoins are just shitcoins, there is no specialty to any one  they are all the same and should be treated the same way, we don't have to get confused about this, the truth can be bitter  

If it was like that, there wouldn't be that much capital inside of them 

[Mayor of ogba]

Trading profits, if made at all cannot be compared to profits from investment. Buying and holding Bitcoin for a long-term has more profitability potential than merely trading it.

the purpose of trading and investment remains the same, which is to make a profit. Regarding the amount of profit, it all depends on the trader or investor themselves. With the skills and abilities they have, they know where to get profit. Because not everyone is able to hold assets for a long time. Likewise, not everyone is able to trade well and make a profit. Buying and holding Bitcoin in the long term does have the potential for greater profits. Less risk for beginners, but for beginners who have knowledge. Many beginners are obsessed with buying Bitcoin because they follow the trend, it will be a mistake when they do not have the right knowledge before investing.

It is very clear that bitcoin gives more profit when you invest in it and hold it for the long term, but I am surprised to see that someone who has been in this forum for a long time and sees the testimony of some investors on social media about how bitcoin has changed their life through investing in bitcoin for the long term is still saying that investing in bitcoin for the long term will not give investors greater profit than trading bitcoin for the short term. Trading bitcoin for the short-term profit will not give you more profit than investing in bitcoin for the long term. If you want to be in greater profit in bitcoin investment you have to be patient and hold you bitcoin for a long term before you can benefit greatly from bitcoin investment.

[JayJuanGee]

A lot of people are not able to limit themselves to less than 10% trading (and shitcoining), yet those who do will likely come to see that trading is a very difficult thing to accomplish, including taking a long to time to practice in order to get it to be consistently profitable, especially over a longer timeline,  such as 4-8 years... the longer the time frame, the more likely they would  have had been way better off just buying bitcoin and sticking with a focus on accumulating bitcoin.. yet it is understandable that they might want to try to outsmart the market.. so if they can at least limit themselves to less than 10% for  their  trading and shitcoining, then they can really find out whether they have abilities to trade and to actually outperform bitcoin over a longer timeframe.

Funny enough, those that want to outperform the market end up losing. Even though surely they make some peunot but can't be compared to people who Hodl for long.

Those who find it difficult to limit themselves to less than %10 trading on shitcoins or Bitcoin are just being addicted
 Trading can be a serious addiction Hence people underestimate it. Surely whenever a person proclaim to trade with %10 and surely over spend and use above %10 it becomes addiction. There are folks who might have been accumulating for a long period of time but was tempted to trade above %10 of their HODLings and gradually Trading above the %10 and thinking they will stop but little to no time 4-8 years passed their %100 HODLings may be seriously tamperd which is caused by addiction. So it's better people don't even give trading a chance otherwise it will leed to trading below %10 to above %10, or trading of the total amount accumulated because of greed. Even though most guys will be resistance to it while majority will fall to the trap.

Many times when some traders and/or shitcoiners proclaim that they are being reasonable, and proclaiming that they are conservative because they also hold some bitcoin, they will end up having 10% to 20% of their holdings in bitcoin and the rest is trading shitcoins, and most likely they end up losing a lot and wasting a lot of time before they realize that that they would have had been better to allocate in the opposite kind of way.. and surely some of them never really learn, and they will spend 8-10 years or more fucking around with trading/gambling and/or shitcoining and really never make much if any progress in their networth... especially as compared to the person who focused almost exclusively on bitcoin.  The exceptions of outperforming a bitcoin focused person, especially over a couple of cycles would be a quite rare phenomena, even though a lot of them brag as if they are able to, yet if we get down to comparing actual numbers, they end up having to recognize that investing into bitcoin has been the superior way..and there is no reason to conclude that staying focused on bitcoin won't continue to be the superior way.

Bitcoin is not a cryptocurrency don't mislead newbies here bitcoin is bitcoin while shitcoins is shitcoins moreover this is a bitcoin discussion thread so you can take your Crypto elsewhere.

Unless you are advising investor or newbies not to invest into shitcoins rather than bitcoin investment which their discretionary income and hodl bitcoin for long either using the DCA strategy to stack bitcoin buying either weekly or monthly and hodl rather than fucking around shitcoins.

Personally, if you say that Bitcoin is not part of cryptocurrencies, I think that assumption is also inaccurate. Because as far as I know, those that use blockchain technology or cryptography can be said to be part of crypto currency. So bitcoin can also be called part of crypto, because bitcoin also uses blockchain technology and in fact bitcoin is the one who pioneered it. But what differentiates bitcoin from other cryptocurrencies is its quality alone. Because it cannot be denied that what we call shitcoin has quite bad quality. So it wouldn't be good if used as an investment. In contrast to bitcoin, bitcoin has a decentralized system and also has a high level of security that will be difficult for any cybercriminal to penetrate. That's why bitcoin is superior to shitcoin. And it's true that instead of trading in shitcoins, it's definitely better to invest in bitcoin. Because investing in bitcoin has very minimal risk and playing with shitcoins is very risky. So we really have to stay away from shitcoins and keep investing in bitcoin.

You are making sense though but the truth is Bitcoin is still a part of cryptocurrency but for the sake of newbie here it won't be good to be addressing it as a cryptocurrency because this can make them to invest in shitcoin thinking that they are all same thing which may result to a loss or gain depending so it will be wise if we don't classified or categorize Bitcoin in cryptocurrency. However, one of the difference you didn't mentioned that makes Bitcoin so special is the potential of it and not just quality as you mentioned because some other shitcoin has quality and no investment is risk free but the risk in Bitcoin investment is very minimal and if you should hold for a long period of time with consistent accumulation you will make a good return.

What quality does some other shitcoins have when they are all dependent on Bitcoin? All shitcoins are just shitcoins, there is no specialty to any one  they are all the same and should be treated the same way, we don't have to get confused about this, the truth can be bitter  

You are correct Stormisover.  We have to treat each shitcoin with a presumption that they are shit, which largely means that if we want to overcome such presumption that they are shit, then it would take a lot of studying into them in order to show the extent to which they have any qualities, which still does not mean that we would invest in them merely because they have some qualities... yet we should not be presuming them to have qualities.. that is not necessary and many times distracting to try to figure out which shitcoins happen to be less shitty, which  also can be deceiving.

When it comes to something like a protocol (which bitcoin is), any competitor that may want to dislodge a protocol has to be something in the ballpark of 10x or more better than the protocol in order to dislodge it.. .. It cannot  be merely "arguably" better  and blah blah blah...so for sure, many times shitcoins tend to be quite ambiguous in the various ways that they are supposedly equal to or better than bitcoin, and  so we need to continue to look at them (to the extent that we waste time looking at them) with considerably large grains of salt of skepticism, since many of them are just leaching off of bitcoin, deceiving people, printing money for insiders and other scandalous and vaporware behaviors, as you already suggested.

What quality does some other shitcoins have when they are all dependent on Bitcoin? All shitcoins are just shitcoins, there is no specialty to any one  they are all the same and should be treated the same way, we don't have to get confused about this, the truth can be bitter  

If it was like that, there wouldn't be that much capital inside of them  

Don't get distracted into believing that shitcoins have value merely by the fact that retards (including the USA president) and other seemingly smart and/or influential people, governments and/or institutions are pumping shitcoins (or certain stable coins).  If you cannot understand and/or appreciate how bitcoin is different, you likely need to continue studying bitcoin first before  giving any benefit of the doubt to various scams that are likely going to help you to lose money and/or prevent you from investing into bitcoin as much as you would have (or could have) otherwise accomplished if you had not been distracted.

[Sim_card]

A lot of people are not able to limit themselves to less than 10% trading (and shitcoining), yet those who do will likely come to see that trading is a very difficult thing to accomplish, including taking a long to time to practice in order to get it to be consistently profitable, especially over a longer timeline,  such as 4-8 years... the longer the time frame, the more likely they would  have had been way better off just buying bitcoin and sticking with a focus on accumulating bitcoin.. yet it is understandable that they might want to try to outsmart the market.. so if they can at least limit themselves to less than 10% for  their  trading and shitcoining, then they can really find out whether they have abilities to trade and to actually outperform bitcoin over a longer timeframe.

Funny enough, those that want to outperform the market end up losing. Even though surely they make some peunot but can't be compared to people who Hodl for long.

Those who find it difficult to limit themselves to less than %10 trading on shitcoins or Bitcoin are just being addicted
 Trading can be a serious addiction Hence people underestimate it. Surely whenever a person proclaim to trade with %10 and surely over spend and use above %10 it becomes addiction. There are folks who might have been accumulating for a long period of time but was tempted to trade above %10 of their HODLings and gradually Trading above the %10 and thinking they will stop but little to no time 4-8 years passed their %100 HODLings may be seriously tamperd which is caused by addiction. So it's better people don't even give trading a chance otherwise it will leed to trading below %10 to above %10, or trading of the total amount accumulated because of greed. Even though most guys will be resistance to it while majority will fall to the trap.

Many times when some traders and/or shitcoiners proclaim that they are being reasonable, and proclaiming that they are conservative because they also hold some bitcoin, they will end up having 10% to 20% of their holdings in bitcoin and the rest is trading shitcoins, and most likely they end up losing a lot and wasting a lot of time before they realize that that they would have had been better to allocate in the opposite kind of way.. and surely some of them never really learn, and they will spend 8-10 years or more fucking around with trading/gambling and/or shitcoining and really never make much if any progress in their networth... especially as compared to the person who focused almost exclusively on bitcoin.  The exceptions of outperforming a bitcoin focused person, especially over a couple of cycles would be a quite rare phenomena, even though a lot of them brag as if they are able to, yet if we get down to comparing actual numbers, they end up having to recognize that investing into bitcoin has been the superior way..and there is no reason to conclude that staying focused on bitcoin won't continue to be the superior way.

Bitcoin is not a cryptocurrency don't mislead newbies here bitcoin is bitcoin while shitcoins is shitcoins moreover this is a bitcoin discussion thread so you can take your Crypto elsewhere.

Unless you are advising investor or newbies not to invest into shitcoins rather than bitcoin investment which their discretionary income and hodl bitcoin for long either using the DCA strategy to stack bitcoin buying either weekly or monthly and hodl rather than fucking around shitcoins.

Personally, if you say that Bitcoin is not part of cryptocurrencies, I think that assumption is also inaccurate. Because as far as I know, those that use blockchain technology or cryptography can be said to be part of crypto currency. So bitcoin can also be called part of crypto, because bitcoin also uses blockchain technology and in fact bitcoin is the one who pioneered it. But what differentiates bitcoin from other cryptocurrencies is its quality alone. Because it cannot be denied that what we call shitcoin has quite bad quality. So it wouldn't be good if used as an investment. In contrast to bitcoin, bitcoin has a decentralized system and also has a high level of security that will be difficult for any cybercriminal to penetrate. That's why bitcoin is superior to shitcoin. And it's true that instead of trading in shitcoins, it's definitely better to invest in bitcoin. Because investing in bitcoin has very minimal risk and playing with shitcoins is very risky. So we really have to stay away from shitcoins and keep investing in bitcoin.

You are making sense though but the truth is Bitcoin is still a part of cryptocurrency but for the sake of newbie here it won't be good to be addressing it as a cryptocurrency because this can make them to invest in shitcoin thinking that they are all same thing which may result to a loss or gain depending so it will be wise if we don't classified or categorize Bitcoin in cryptocurrency. However, one of the difference you didn't mentioned that makes Bitcoin so special is the potential of it and not just quality as you mentioned because some other shitcoin has quality and no investment is risk free but the risk in Bitcoin investment is very minimal and if you should hold for a long period of time with consistent accumulation you will make a good return.

What quality does some other shitcoins have when they are all dependent on Bitcoin? All shitcoins are just shitcoins, there is no specialty to any one  they are all the same and should be treated the same way, we don't have to get confused about this, the truth can be bitter  

You are correct Stormisover.  We have to treat each shitcoin with a presumption that they are shit, which largely means that if we want to overcome such presumption that they are shit, then it would take a lot of studying into them in order to show the extent to which they have any qualities, which still does not mean that we would invest in them merely because they have some qualities... yet we should not be presuming them to have qualities.. that is not necessary and many times distracting to try to figure out which shitcoins happen to be less shitty, which  also can be deceiving.

When it comes to something like a protocol (which bitcoin is), any competitor that may want to dislodge a protocol has to be something in the ballpark of 10x or more better than the protocol in order to dislodge it.. .. It cannot  be merely "arguably" better  and blah blah blah...so for sure, many times shitcoins tend to be quite ambiguous in the various ways that they are supposedly equal to or better than bitcoin, and  so we need to continue to look at them (to the extent that we waste time looking at them) with considerably large grains of salt of skepticism, since many of them are just leaching off of bitcoin, deceiving people, printing money for insiders and other scandalous and vaporware behaviors, as you already suggested.

I see shitcoin as a waste of time because for one to go into shitcoin buying a lot of research needs to be made and even at that you are not sure if you will not be rugged pull. The time that you are wasting on careless and endless research, you will have used it to start up your bitcoin investment and keep growing it. This is because bitcoin doesn't need much to know about it but the basics and you have started your investment. You have the history of bitcoin to check for you to have confidence that you are investing on the right one.

I see those people buying shitcoins as people who have missed their way from bitcoin path and are after to get rich quick by deceiving themselves that their shitcoins will grow in value in future like bitcoin but it is always the opposite. Bitcoin will never disappoint people investing in it and doing it properly overtime, because it's a money generator when you have a good size in a long period of time. Shitcoins can make your BP rise, because you are gambling and losses are more when gambling.

[Jewan420]

I see shitcoin as a waste of time because for one to go into shitcoin buying a lot of research needs to be made and even at that you are not sure if you will not be rugged pull. The time that you are wasting on careless and endless research, you will have used it to start up your bitcoin investment and keep growing it. This is because bitcoin doesn't need much to know about it but the basics and you have started your investment. You have the history of bitcoin to check for you to have confidence that you are investing on the right one.

I see those people buying shitcoins as people who have missed their way from bitcoin path and are after to get rich quick by deceiving themselves that their shitcoins will grow in value in future like bitcoin but it is always the opposite. Bitcoin will never disappoint people investing in it and doing it properly overtime, because it's a money generator when you have a good size in a long period of time. Shitcoins can make your BP rise, because you are gambling and losses are more when gambling.

I have real proof with your words. Yes this is very clear to me and I accept this. But complete knowledge can never be obtained by studying or hearing. For complete knowledge I invest some money in Shitcoin, before investing I must have spent some time on those coins and researched them. In this way I have bought about 3-4 times, but each time I have been disappointed and instead of gaining from it I have lost some amount of capital. In the short term or in the long term I have been disappointed with Shitcoin again and again. I still have some Shitcoins which I have held for the long term and I am waiting for the end result of it. Guess I may not be happy with it.

If we talk about Bitcoin then maybe you will not be disappointed at all in the long term. Sometimes you can get high returns from short term Bitcoin, but never touch your investment in the short term. You must plan for the long term and not hesitate to take all the necessary steps to make the plan a success. The greed for small profits in the short term will turn you into a trader, where your money is at high risk.

[MainIbem]

I see shitcoin as a waste of time because for one to go into shitcoin buying a lot of research needs to be made and even at that you are not sure if you will not be rugged pull. The time that you are wasting on careless and endless research, you will have used it to start up your bitcoin investment and keep growing it. This is because bitcoin doesn't need much to know about it but the basics and you have started your investment. You have the history of bitcoin to check for you to have confidence that you are investing on the right one.

I see those people buying shitcoins as people who have missed their way from bitcoin path and are after to get rich quick by deceiving themselves that their shitcoins will grow in value in future like bitcoin but it is always the opposite. Bitcoin will never disappoint people investing in it and doing it properly overtime, because it's a money generator when you have a good size in a long period of time. Shitcoins can make your BP rise, because you are gambling and losses are more when gambling.

I have real proof with your words. Yes this is very clear to me and I accept this. But complete knowledge can never be obtained by studying or hearing. For complete knowledge I invest some money in Shitcoin, before investing I must have spent some time on those coins and researched them. In this way I have bought about 3-4 times, but each time I have been disappointed and instead of gaining from it I have lost some amount of capital. In the short term or in the long term I have been disappointed with Shitcoin again and again. I still have some Shitcoins which I have held for the long term and I am waiting for the end result of it. Guess I may not be happy with it.

If we talk about Bitcoin then maybe you will not be disappointed at all in the long term. Sometimes you can get high returns from short term Bitcoin, but never touch your investment in the short term. You must plan for the long term and not hesitate to take all the necessary steps to make the plan a success. The greed for small profits in the short term will turn you into a trader, where your money is at high risk.

You had to invest about 3-4 times and get disappointed for you to know how risky shitcoins are? Sometimes one mustn't be like (seeing is believing) to get prove about something, you have to learn from other people's error and take precautions, imagine if you had invested heavily those times you did, that's waste of funds, If one is willing to take the risk of investing on those coins, they should invest as low as possible not something heavily so they won't end up regretting in case of a rug pull, those Shitcoins owners don't care how much someone put into their project they'll take out their money when they feel they've made enough profits that why investors that are willing to risk on them are advised to invest as low as possible. Bitcoin is the only certified coin for investment and doesn't come with any disappointments and investing on it should be strictly on a long-term goal, one can make good profits in a short period during a bullish season but if their investment is not due for taking profits then they shouldn't consider it.

[SuperBitMan]

What quality does some other shitcoins have when they are all dependent on Bitcoin? All shitcoins are just shitcoins, there is no specialty to any one  they are all the same and should be treated the same way, we don't have to get confused about this, the truth can be bitter  

If it was like that, there wouldn't be that much capital inside of them  

Don't get distracted into believing that shitcoins have value merely by the fact that retards (including the USA president) and other seemingly smart and/or influential people, governments and/or institutions are pumping shitcoins (or certain stable coins).  If you cannot understand and/or appreciate how bitcoin is different, you likely need to continue studying bitcoin first before  giving any benefit of the doubt to various scams that are likely going to help you to lose money and/or prevent you from investing into bitcoin as much as you would have (or could have) otherwise accomplished if you had not been distracted.

A lot of popular people has created shitcoins in the past and it still didn't turn out good at the end, one thing we should understand is that the creation of shitcoins by popular people are done in other to enrich themselves and not to make a difference or make it great, shitcoins are shitcoins, a lot of things popular people who are creating shitcoins are busy accumulating Bitcoin and holding secretly so don't be deceived, a lot of people has lost there money in shitcoins and people should learn from people's past mistakes.
Yeah just like you said that he should continue studying bitcoin first before  giving any benefit of the doubt to various scams that are likely going to help you to lose money, I think he should also go through the history of Bitcoin and also the history of various past shitcoins that will give him much insight on the right direction to follow, shitcoins are been used to gamble the Lucky one's gain and wins and the rest loses, shitcoins should be avoided in other to prevent losing money and destroying your financial status.

[Zackz5000]

I see shitcoin as a waste of time because for one to go into shitcoin buying a lot of research needs to be made and even at that you are not sure if you will not be rugged pull. The time that you are wasting on careless and endless research, you will have used it to start up your bitcoin investment and keep growing it. This is because bitcoin doesn't need much to know about it but the basics and you have started your investment. You have the history of bitcoin to check for you to have confidence that you are investing on the right one.

I see those people buying shitcoins as people who have missed their way from bitcoin path and are after to get rich quick by deceiving themselves that their shitcoins will grow in value in future like bitcoin but it is always the opposite. Bitcoin will never disappoint people investing in it and doing it properly overtime, because it's a money generator when you have a good size in a long period of time. Shitcoins can make your BP rise, because you are gambling and losses are more when gambling.

I have real proof with your words. Yes this is very clear to me and I accept this. But complete knowledge can never be obtained by studying or hearing. For complete knowledge I invest some money in Shitcoin, before investing I must have spent some time on those coins and researched them. In this way I have bought about 3-4 times, but each time I have been disappointed and instead of gaining from it I have lost some amount of capital. In the short term or in the long term I have been disappointed with Shitcoin again and again. I still have some Shitcoins which I have held for the long term and I am waiting for the end result of it. Guess I may not be happy with it.

If we talk about Bitcoin then maybe you will not be disappointed at all in the long term. Sometimes you can get high returns from short term Bitcoin, but never touch your investment in the short term. You must plan for the long term and not hesitate to take all the necessary steps to make the plan a success. The greed for small profits in the short term will turn you into a trader, where your money is at high risk.

You had to invest about 3-4 times and get disappointed for you to know how risky shitcoins are? Sometimes one mustn't be like (seeing is believing) to get prove about something, you have to learn from other people's error and take precautions, imagine if you had invested heavily those times you did, that's waste of funds, If one is willing to take the risk of investing on those coins, they should invest as low as possible not something heavily so they won't end up regretting in case of a rug pull, those Shitcoins owners don't care how much someone put into their project they'll take out their money when they feel they've made enough profits that why investors that are willing to risk on them are advised to invest as low as possible. Bitcoin is the only certified coin for investment and doesn't come with any disappointments and investing on it should be strictly on a long-term goal, one can make good profits in a short period during a bullish season but if their investment is not due for taking profits then they shouldn't consider it.

If one should even want to invest into shitcoins let it just be 10% of the income you won't been needing so that it won't affect you mentally if the system finally crash down, for me I see shitcoins as a waste of time and resources with somuch unrest of mind  because of continuously cheeking the market it will be best we use the time we waste messing around shitcoins to invest into bitcoin and have rest of mind with out continuously cheeking the market and bitcoin is also easier to invest on for a long time if only you have the basic understanding and also your discretionary income ready and start accumulating with the DCA strategy believe me there won't be any disappointment. Bitcoin has never disappointed and won't disappoint now so the best we should do for our self is shun shitcoins and focus on accumulating Bitcoin.