Invest & Hodl Bitcoin!!

[Baofeng]

Shitcoins investment is the most unpredictable and unreliable investment anyone can get involved with, at least for me. You know fully well that no one can really predict what goes on in the market so how exactly would you know that a shitcoin you're HODLing is gonna be around until you're ready to sell, what gives you the assurance that it's not gonna be dumped because the developers of the project can just dump the coin whenever they feel they've made enough profits.

People who mostly profits from this project are the project Devs and the early investors, those investors who are fortunate enough to become the first investors manage to take out their profits early and those who join later on could end up losing their money on the process

Shitcoins are a high risk investment, as you said the lucky ones are the developers and those who invest at the beginning.  If we enter late and only because of the hype, then losses will befall us. We should not waste our money on investments like this.

I think everyone might have fallen for this trap, specially if you are a beginner and no one has guided you. At least this is my case way back in 2017, I thought shitcoin was a real deal until I lost some money and so that is a good experience for me.

Not I just stick to Bitcoin and some strong altcoins in the top 10. And I would say that it was a learning experience and it really teach me a good lesson. And with that, I will say it's ok to invest early so that you will know how it works and maybe you will get out of time and just really devote all your money and time in Bitcoin and you can sleep better at night as well.

[|MINER|]

After the dump a few days ago, now many coins seem to be starting to recover and are starting to make profits for those who managed to buy when they were bearish yesterday... memecoin turns out to have good performance for a narrow time interval... so recommend memecoin for the party when ALTSEASON comes not a problem... as long as when you reach a reasonable sell target, get out immediately and take your profits... being greedy will only lead you to ruin...

Let's monitor cryptocurrency movements for the next few months, considering that the halving period is over and many are still speculating that new ATHs for most coins will arrive in the next few months.

I still don't trust shitcoins or memecoins that much. So I don't invest much in them and in between I don't invest in memecoin. My investment was focused only on bitcoin and some amount of Ethereum and Bnb and the polygon matic and some Solana.
And as Memecoin, I bought doge coin a very small amount long ago. However, I am still focusing on bitcoin, although the market is slowly recovering, but I am hoping that I will get an opportunity for more bitcoin adoption when bitcoin corrects.

[alltalk]

For those who are busy in the real world, maybe they won't be able to focus on learning trading, just use their free time to trade, which can be done during break times. because as you said trading is not an easy thing, it requires time and expertise to be able to analyze the market.

TBH, I don't really get your point. 
If you have no time to trade, you can choose investment.
No need to force yourself to trade if it is not the best way to do. We don't only get the money from trading, we also can earn money from investment. If you have limited time, it indicates that you won't have time to focus on learning trading. So how you can succeed in trading if you have no time to get proper knowledge about trading. Kindly focus on investment only!!

[Ryu_Ar1]

Shitcoins investment is the most unpredictable and unreliable investment anyone can get involved with, at least for me. You know fully well that no one can really predict what goes on in the market so how exactly would you know that a shitcoin you're HODLing is gonna be around until you're ready to sell, what gives you the assurance that it's not gonna be dumped because the developers of the project can just dump the coin whenever they feel they've made enough profits.

People who mostly profits from this project are the project Devs and the early investors, those investors who are fortunate enough to become the first investors manage to take out their profits early and those who join later on could end up losing their money on the process

Shitcoins are a high risk investment, as you said the lucky ones are the developers and those who invest at the beginning.  If we enter late and only because of the hype, then losses will befall us. We should not waste our money on investments like this.

The problem is that we are always complacent with fomo and only see the increase in shitcoin which is even up to several hundred times, we ignore the risks we have in the end.
Not a few people even for those beginners are always tempted by things like this. Even though it is their business because they have the right because the money is theirs but in the end that is what makes them destroyed.

Beginners do not realize that in the end they are actually used by some people, especially influencers, to boost shitcoin to get pumped and regret it because they are trapped in it because they cannot get out considering shitcoin always does a pump and dump scheme that makes beginners trapped.

[Dr.Bitcoin_Strange]

Not I just stick to Bitcoin and some strong altcoins in the top 10. And I would say that it was a learning experience and it really teach me a good lesson. And with that, I will say it's ok to invest early so that you will know how it works and maybe you will get out of time and just really devote all your money and time in Bitcoin and you can sleep better at night as well.

Indeed, shitcoins are nothing but traps as you've rightly stated it, and if I must add, a very deadly one at that, especially to those who are naive about the crypto market or those who do not really know how to navigate around the crypto market.

It's totally different when you're fully aware of the risks involved with shitcoins and yet decide to get gamble it out, and when you go in having absolutely no knowledge and experience about the underlying risks.
Hence the reason why it's important and crucial to always DYOR rather than always relying on Hypes and market sentiments because hypes and sentiments could turn out to be wrong...

[Metha Wulandarin]

Amid bitcoin's rise to $60,000, some experts were wary, considering its position not too confident. Ali, a tech analyst, pointed out that the asset is still trading below the 200-day simple moving average.

"Wait for a sustained consolidation above the 200 DSMA to confirm continuation of the uptrend," he advised.

Daan Crypto trader Daan Crypto noticed a pattern: lately bitcoin has been moving up on weekends but falling again at the beginning of the week. He compared such dynamics with the trading on CME, after the opening of which prices collapse.

However, analyst and founder of MN Trading Michael van de Poppe said that a "new cycle" has begun in the market.

I don't really understand this kind of thing, only people who understand technical analysis can understand this.
But many people say that if Germany had sold all the Bitcoin it had there is a chance that bitcoin would have risen over $60k and this has happened maybe now we need to wait and see Bitcoin dominance.

German authorities have been transferring bitcoin to crypto exchanges and brokers for the past three weeks. Blockchain data shows that wallets have also unloaded around 3500 bitcoin in the last week. In the meantime, their Bitcoin stock is almost at the end which may be related to its price increase.

The balance of Bitcoin owned by the German government has all been sold out and Mt.Gox officially announced that they had paid off 13,000 creditors as evidenced after the German government and Mt.Gox had finished their business with Bitcoin, Bitcoin immediately experienced a price increase of up to $65k hopefully nothing will hinder Bitcoin's journey.

[doc]

Not I just stick to Bitcoin and some strong altcoins in the top 10. And I would say that it was a learning experience and it really teach me a good lesson. And with that, I will say it's ok to invest early so that you will know how it works and maybe you will get out of time and just really devote all your money and time in Bitcoin and you can sleep better at night as well.

Indeed, shitcoins are nothing but traps as you've rightly stated it, and if I must add, a very deadly one at that, especially to those who are naive about the crypto market or those who do not really know how to navigate around the crypto market.

It's totally different when you're fully aware of the risks involved with shitcoins and yet decide to get gamble it out, and when you go in having absolutely no knowledge and experience about the underlying risks.
Hence the reason why it's important and crucial to always DYOR rather than always relying on Hypes and market sentiments because hypes and sentiments could turn out to be wrong...

If we don't have experience and expertise in conducting research on shitcoins, it's best not to enter their project. We will lose our money, as I have lost a lot in the past when investing in shitcoins. There are still many good coins with potential for investment.

[saprakib]

After the dump a few days ago, now many coins seem to be starting to recover and are starting to make profits for those who managed to buy when they were bearish yesterday... memecoin turns out to have good performance for a narrow time interval... so recommend memecoin for the party when ALTSEASON comes not a problem... as long as when you reach a reasonable sell target, get out immediately and take your profits... being greedy will only lead you to ruin...

Let's monitor cryptocurrency movements for the next few months, considering that the halving period is over and many are still speculating that new ATHs for most coins will arrive in the next few months.

I still don't trust shitcoins or memecoins that much. So I don't invest much in them and in between I don't invest in memecoin. My investment was focused only on bitcoin and some amount of Ethereum and Bnb and the polygon matic and some Solana.
And as Memecoin, I bought doge coin a very small amount long ago. However, I am still focusing on bitcoin, although the market is slowly recovering, but I am hoping that I will get an opportunity for more bitcoin adoption when bitcoin corrects.

I always go through btc. Btc is the king of the market and always lead tge crypto market. However it is wise decision to hold btc and also if afford you may buy btc when  market is on downtrend. I have bought a few amounts caise i think it still a buying zone and holding it for long term until reach it on 100k$. If we talk about memecoin, those coin are always shitcoin and i think we need to ignore those. Its like a gamble to invest on memecoin. Most of the coin scam after make a vibe and steal enough funds from investor. So it is better to buy btc and hold for long term.

[ajiz138]

Indeed, shitcoins are nothing but traps as you've rightly stated it, and if I must add, a very deadly one at that, especially to those who are naive about the crypto market or those who do not really know how to navigate around the crypto market.

It's totally different when you're fully aware of the risks involved with shitcoins and yet decide to get gamble it out, and when you go in having absolutely no knowledge and experience about the underlying risks.
Hence the reason why it's important and crucial to always DYOR rather than always relying on Hypes and market sentiments because hypes and sentiments could turn out to be wrong...

If we don't have experience and expertise in conducting research on shitcoins, it's best not to enter their project. We will lose our money, as I have lost a lot in the past when investing in shitcoins. There are still many good coins with potential for investment.

It is better to invest in coins that already have high confidence and have shown how they can survive when the bearish season arrives, rather than investing in shitcoins that have no future.

It requires a lot of experience and luck if we want to make profits many times over. Don't just look at shitcoins that are increasing in price rapidly, but also consider the risks we will accept.

[Dr.Bitcoin_Strange]

If we don't have experience and expertise in conducting research on shitcoins, it's best not to enter their project. We will lose our money, as I have lost a lot in the past when investing in shitcoins. There are still many good coins with potential for investment.

Exactly the reason why I always advise investors, especially the newbies who has little or no knowledge or experience about the crypto market to stay completely clear off shitcoins, because most of em lack the expertise and experience to conduct proper research in order to know which project is for real and which is unauthentic. Most of these newbies bounce on these projects by just completely relying on their instincts, hypes or simply because a friend tells them the project has potentials.

Shitcoins investment carries lots of risks and the chances of making profits are quite slim, many investors realize this earlier but choose to delve in with hopes of making some good profits early and be able to pull out their funds before the coin is dumped, it's all about timing and like we already know, you can never have a perfect timing, you'll only be lucky or unlucky.

[alltalk]

The balance of Bitcoin owned by the German government has all been sold out and Mt.Gox officially announced that they had paid off 13,000 creditors as evidenced after the German government and Mt.Gox had finished their business with Bitcoin, Bitcoin immediately experienced a price increase of up to $65k hopefully nothing will hinder Bitcoin's journey.

It is good to know German government has sold all their Bitcoin. So, it won't bring bad impact anymore to Bitcoin price and crypto market as a whole. At least, one of the bad news has been over, we only face with MT Gox issue now. Well, they may already distribute some of the Bitcoin, but it is not over yet. As far as I know, they plan to distribute the Bitcoin gradually until October. However, the price of Bitcoin already jump again to $66k today. We don't need to worry, everything looks good.

[dwyane36]

It is good to know German government has sold all their Bitcoin. So, it won't bring bad impact anymore to Bitcoin price and crypto market as a whole. At least, one of the bad news has been over, we only face with MT Gox issue now. Well, they may already distribute some of the Bitcoin, but it is not over yet. As far as I know, they plan to distribute the Bitcoin gradually until October. However, the price of Bitcoin already jump again to $66k today. We don't need to worry, everything looks good.

In addition to Germany, there is also the US government which has over 213k bitcoins and tons of other altcoins at the moment. This is also a negative factor for the crypto industry, but at least the U.S. government doesn't get rid of crypto assets as sharply as the German government did recently.

[NikeFit_7777]

Authorities in the federal district of Saxony are behind the sale of bitcoins from a wallet labeled by Arkham as belonging to the German government, according to Lennart Ante, head of the Blockchain Research Lab.

More precisely, the Criminal Police Department and the Attorney General's Office are handling it, as they were the ones involved in the initial investigation against piracy portal Movie2k in January, which had about 50,000 BTC confiscated.

Local laws do not allow for the storage of confiscated assets. Due to the lack of choice, digital assets are realized in a possible way within a certain period. It turns out that the remaining 23,964 BTC on the balance sheet will also be sold in the near future.

[0t3p0t]

It is good to know German government has sold all their Bitcoin. So, it won't bring bad impact anymore to Bitcoin price and crypto market as a whole. At least, one of the bad news has been over, we only face with MT Gox issue now. Well, they may already distribute some of the Bitcoin, but it is not over yet. As far as I know, they plan to distribute the Bitcoin gradually until October. However, the price of Bitcoin already jump again to $66k today. We don't need to worry, everything looks good.

In addition to Germany, there is also the US government which has over 213k bitcoins and tons of other altcoins at the moment. This is also a negative factor for the crypto industry, but at least the U.S. government doesn't get rid of crypto assets as sharply as the German government did recently.

But the thing is even if they will get rid of those Bitcoins it will just have a slight effect on the market and it will surely be like nothing has happened given the volatility of Bitcoin is just natural which we can expect anytime. Though this sell off thing by German and US is quite huge it will also create slight fear from average to new investors and that is pretty natural.

[dekafee79]

But the thing is even if they will get rid of those Bitcoins it will just have a slight effect on the market and it will surely be like nothing has happened given the volatility of Bitcoin is just natural which we can expect anytime. Though this sell off thing by German and US is quite huge it will also create slight fear from average to new investors and that is pretty natural.

The selling action carried out by Germany and the US caused the price of bitcoin to fall, but the price of bitcoin rose again. Although today the price of bitcoin has experienced another correction. but I think this is only temporary and it is possible that Bitcoin prices will rise again.