What coins does Shitcoin include? because now I am also investing in altcoins and I am making significant profits from it. Are all altcoins shitcoins? If you check Solana's chart, many people call it a shitcoin and will die when FTX collapses and SBF goes to jail. But those who bought when it dropped to 15-20 USD are making x3 x4 profits even if the bull season is not yet here. Is that called losing and failing or praying?
Bitcoin has returned 100% year-to-date, but many altcoins have returned 300%-500% year-to-date. If we talk about technology, I don't say they are better than bitcoin but if we talk about profitability, many altcoins are doing better.
Aren't you familiar with this game already? Most of this people hyping bitcoin may not even have a single portion of Bitcoin in their wallet but will come here to discredit altcoins. We can not compare altcoins with bitcoin when it comes to solid investment, potential and reliability but there are few altcoins that are definitely doing well and are capable of giving profits. Some people are just unfortunate to invest in some random projects that disappoint them and they will conclude all altcoins are Shitcoins.
Investing in altcoins is not entirely wrong but it is not advisable for long term investment. However, if you are interested in making quick profit, then altcoins are the best option but not good for holding at all. It is all about taking the risk and if you succeed, you make profit otherwise, you learn. Either way, you gain experience positively or negatively.