Shitcoiners Get Rekt

“Shitcoiners Get Rekt.” It’s not just a meme; it’s an observation, a prediction, and for some, maybe even a wish. It serves as a warning to the unwary, a beacon to the experienced, and a bittersweet reminder to those who’ve already been burned. But what does it really mean? And why does it matter?

At its core, this phrase captures the stark reality of the cryptocurrency world. It’s a nod to the chaotic frenzy of people chasing quick riches in an unregulated space filled with dubious projects, pump-and-dump schemes, and outright scams. It’s a reminder that for every story of someone striking it rich with a lucky bet on a new altcoin, there are countless tales of people losing everything—often in the blink of an eye.

But let’s break this down a bit further. First, what do we mean by “shitcoining”? Simply put, shitcoining is the act of dabbling in cryptocurrencies other than Bitcoin, often with the hope of hitting it big, riding the next wave, or finding the next “Bitcoin 2.0.” It’s the digital equivalent of playing the penny stocks in the hope of finding the next Microsoft. But here’s the rub: most of these projects are just that—pennies. Worthless today, worthless tomorrow. They promise the moon but deliver little more than broken dreams.

Bitcoiners often view this behavior with a mix of bemusement and frustration. Why? Because at its heart, shitcoining is about ignoring the fundamental lessons Bitcoin teaches. It’s about prioritizing greed over patience, speculation over sound money, and gambling over genuine savings. The allure is strong—who wouldn’t want to turn a few hundred dollars into millions? But here’s the harsh truth: this approach often leads to financial ruin. Shitcoiners get rekt because they’re playing a game that’s fundamentally rigged against them.

And let’s not mince words here: there’s a reason why dabbling in these altcoins can be seen as bordering on the immoral. The more you understand the ethos of Bitcoin—the philosophy of self-sovereignty, financial independence, and long-term thinking—the more you start to see shitcoining as not just foolish, but potentially harmful. Many of these projects are scams, plain and simple. They prey on the uninformed, the desperate, and the greedy. They lure people in with promises of quick returns, then vanish in a puff of smoke, taking their victims’ money with them. In a sense, by supporting these projects, you’re enabling the very behavior Bitcoin was created to combat.

Now, many people on their journey into Bitcoin go through a “shitcoin phase.” It’s almost a rite of passage. The thought process goes something like this: “Sure, I believe in Bitcoin, but maybe I can use these other coins to accumulate more Bitcoin.” It’s a dangerous mindset, a slippery slope. Some people snap out of it quickly, others get stuck in the quagmire. They end up spending months or even years chasing the next big thing, only to find themselves further behind than when they started. They touch the stove, as it were, and learn the hard way why it’s hot.

And look, there’s no shame in this. Many of us have been there. It’s part of the learning curve, the process of coming to grips with what Bitcoin truly represents. But here’s the thing: the sooner you learn this lesson, the better. The sooner you realize that Bitcoin isn’t just another asset to be traded or flipped, but a once-in-a-species innovation that demands respect and understanding, the sooner you can focus on what truly matters: steady accumulation, long-term holding, and adopting a low time preference.

“Shitcoiners Get Rekt” is more than a meme—it’s a warning and a plea. It’s a call to avoid the casino, to stay out of the noise, to focus on what truly matters. In a world awash with distractions, it’s a reminder to stay the course, to trust in the lessons Bitcoin teaches, and to remember that sometimes, the best move is simply to do nothing.

And so, as we move into the next chapter, we will explore the philosophy behind the “Get-Rich-Slow Scheme.” We’ll unpack why slow and steady wins the race in the world of Bitcoin, and how adopting a mindset of patience, discipline, and long-term thinking can lead to a wealth that’s not just measured in financial terms but in personal freedom and peace of mind.