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0 sats \ 6 replies \ @birdeye21 23 Aug 2023 \ on: Bitcoin vs Altcoins: What do I think about it bitcoin
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
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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Okay
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