Some Things I've Learned After HODLing Bitcoin Since Early 2017
1. Never Trust Price Predictions: Over the years, I’ve realized that no one can accurately predict Bitcoin’s price movements. Whether it's experts or social media influencers, their predictions are often based on speculation rather than solid data. The market is unpredictable, and relying on others' predictions can lead to poor decisions.
2. Avoid Diversification into Other Cryptos: The idea of diversifying your crypto portfolio might sound appealing, but in my experience, it’s not worth it. Bitcoin is the only truly decentralized cryptocurrency; everything else is a "shitcoin." These alternative coins (altcoins) often lack the same level of security, decentralization, and long-term value. Many of them are simply gambles with high risk and low reward. Stick to Bitcoin, the original cryptocurrency, and don’t get distracted by the noise surrounding other projects.
By focusing on Bitcoin and ignoring the hype, I’ve found a clearer, more stable path in the volatile world of cryptocurrency.#Shittcoin #CryptoDecision #BitcoinTherapist
