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Hi Bitcoin enthusiasts! I recently watched a video Bitcoin Maxi vs Altcoins on YouTube and it inspired me to write this rather controversial post.
Disclaimer: Everything I wrote here is my subjective opinion and not everyone has to agree with it.

How do I perceive Bitcoin?

In my opinion, Bitcoin is something like gold but digital. It is a great thing to protect your funds from inflation, for example. However, physical gold is more resistant to various things e.g. global nuklerana war because it can survive deep in the ground unlike servers/computers which are Nodes. However, after such a war we won't need a means of exchanging value since virtually everyone on Earth will die. However, this is not the topic of this post😅. Bitcoin also like gold can lose value and buying it involves investment risk.
Example: You bought BTC during its ATH and then the market went into a bear market. The value then its fiat value will fall. Of course, long term you will gain because bitcoin surpasses its ATH.
Bitcoin like gold is not something that will make you a millionaire when you don't own millions. If you owned a lot of Bitcoin at the time when it was just created you would indeed be a billionaire today. Currently, Bitcoin makes too small a move during its cycles to make a million from a few thousand.

How do I perceive Altcoins?

In my opinion, Altcoins are something like stocks, securities, etc. You can invest in it and by taking a lot of investment risk you can make money. Thanks to Altcoins you can make a million from thousands.
Example: You bought Pepe for a few thousand. At its peak you have a million. However, if you didn't sell it in time you lost. Of course, everything depends on what price you bought him for so you can be a loss, come out at zero or gain something.
Pepe is just an example. On the Altcoin market it's hard to find any shitcoin like Pepe that will shoot up in price. Altcoin market is not very predictable and anything can happen on it, especially if you invest in newly created shitcoins.

Do I agree with Bitcoin Maxi's arguments?

Yes, I agree with most of them. I also believe that bitcoin is a great alternative to cash, it is anti-inflationary, it is safe, etc.

Why I'm a "Shitcoiner"?

I personally started learning about Bitcoin and other Altcoins through collecting. To this day, I am a colllector. I have never bought Bitcoin or Altcoins with my money. I like being a collector. Why? Because I can use my free time, which I have no other way to spend, to collect something that may someday be worth much more. Of course, I know that it may not be worth anything in the future, but in fact I do not lose anything and can gain. I am also a fan of Bitcoin and love it! I don't limit myself only to Altcoins because most of them have no future and contribute nothing to our lives. They can only serve as a risky investment that may or may not multiply our money. There are interesting coins such as Monero but it is not something I would keep my money in. I would only use it if I wanted to hide my transactions.

In closing

In closing, I would like to add again that what I write here is my subjective opinion and not everyone has to agree with it. I also answered in this post the question that was often asked of me, namely Why are you a Shitcoiner? If you have a question or would like to express your opinion on Bitcoin vs Altcoins then you can do so in the comments.
This is how I think about it:
Bitcoin is more than just gold - it’s the most sound form of money in the world, and will eventually be treated as such. It’s not really meant to make you more money, it’s meant to be a store of value.
Altcoins - like you said - are like stocks or securities. It’s a bet. Altcoins are absolutely not going to operate as legitimate currencies, but some might have other uses. And they’re “investments”, whereas bitcoin isn’t technically an investment, it’s savings.
Altcoins is a fun game to play - a lot play it before they decide to go “bitcoin only”.
Here are the risks to consider:
Altcoins are not regulated yet, but they’re on their way. Fortunately the SEC seems to recognize a fundamental difference between bitcoin and others, but the point is you have to think about what’s going to happen when altcoins start getting regulated.
A lot will drop in value, and most will go to zero. Their functionality is build on the lack of regulation. Companies that depend on holding funds will need to get a license to do so and without it could go bankrupt.
And, most importantly… the admin key is a problem. A lot of these shitcoins have functionality built in so that the admin of the blockchain could change whatever they want.
So… it’s a bet. At least you’re trying to make an educated bet, and more power to you. I love getting free crypto so I can turn it straight into bitcoin. Holding sounds insanely risky.
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That is, you think like me. As for gold, it used to be used to exchange value (it served as money).
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There is Bitcoin, the cryptocurrency, and there are altcoins, the cryptocompanies.
If you understand Bitcoin well enough, you come to realize that all value measured against it trends to 0 over time; cryptocompanies included.
So then you must ask: Unless I'm as skilled as the top 0.1% of traders, why even bother trying to make money with these cryptocompanies?
I guess you can "collect" so long as you also enjoy lighting money on fire
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I just like to collect free Altcoins sometimes. It doesn't cost me anything and maybe I'll earn something
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There is nothing that is free. It is costing you in time, focus, and energy that could be spend on something more productive. Could be bitcoin, could be self improvement.
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Currently, I am less and less engaged in collecting. Previously, I simply had nothing to do so I was preoccupied with it.
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convert to BTC on a pump or be okay with losing that potential value over time, dont care at all which you decide
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Rather, I will convert to BTC when the value is satisfactory.
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