Shitcoining is a disease. I had it half a decade ago, and I am glad I embraced Bitcoin fully.
Unit bias feels good. Feeling like you can own a billion of something. Furthermore, the feeling that you are one of the early adopters also feels good. In the end, there are just more coins outstanding and as an early adopter, you are falling into greed.
Hope anybody still shitcoining can get help and get out!
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All those shitcoins that people said invest that much and by 2025 you'll be a millionaire, where are all those millionaires?
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Well technically you'd still be up 45% which is pretty good. You're just down priced in BTC and likely to drop further behind.
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If you had invested in Solana and maybe the other one that rose more than 160% but most of the Shitcoiners haven't invested in all of those and will surely be at a loss.
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120 sats \ 1 reply \ @freetx 17 Jun
Not only will BTC outperform, but it acts as a crypto-market index anyway. So many of the crypto algos trade "BTC ratios"...
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Admittedly if you have fun money for gambling it would have been nice to ride that 5x Solana trade...
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99 sats \ 0 replies \ @joda 18 Jun
I'd bet $1000 Eth and Solana will outperform Bitcoin in dollar terms over the next year.
Still don't give AF and ain't buying any.
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Lol and some luck involved there, the LEO token only pamped because those two weirdos with the bitfinex bitcoin got caught and stx hopped on the ordinals train, a few lucky shots in the sea of red
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Great, thanks to sharing. Even after this he still seems to be fond of shitcoins. But I enjoy listening to him.
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I also really enjoy listening to him on podcasts and even though he gets a lot of shit from the maxis I always find him thoughtful.
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