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Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

You first have to take your topic to the Altcoin Discussion. (https://bitcointalk.org/index.php?board=67.0)

Since you want to trade something you can do it. But here you decide without caring about the words of others.You should research the token more first. Then see how low it has started selling. Again the highest rising market. You can now see how much it is decreasing or increasing. If you buy at a profit, then buy at the bottom. If you buy it with a baritone, it will be lost. If it goes down after purchase. So the decision is yours alone

shib already showing an uptrend in the market mate 10/06, so there's a potential it will going down to the current support level again which is around 0.0000216 within 24 hours on this date10/07 in my view after this trend. because market still not showing a strong bullish sign fyi.. If i were i will try to check the wide timeframe so that you can see how it really performed since the market turn into bearish..
And also i suggest to  stop using one indicator, wherein use more so that you can get the real direction of the growth rate . It's very useful technique especially on this situation that the market still not fine and there's a bunch of false breakout..

If you buy at this time with a very large increase, then the potential loss is very large if it decreases in the near future, because if a coin can go up so big in the near future, then when it decreases it will also be like that.

You should, shiba has not yet got another correction after a big pump and there will be a possibility for the correction to come very soon. If you wanna short it and then that's up to you but you might aware with the risk by shorting the coin that has almost reached the peak price for its pump. I have made 4x from shiba in less than a week and i will be dumping my coin very soon if there will be a red candle will come. You must always watch the market. It may go even higher but is not it too risky for you when the price will plunge again?
You can imagine if that's quite easy for shiba to get another 20% - 50% correction once the pump will be done. The greend candle will never last forever and you must remember this.
Think again and choose the wise decision for your money.

It has jumped in 3 days time from $ 0.000008 to $ 0.000034 without any real reason (besides a tweet from Elon Musk). Investing in this right now, is doomed to fail.
Yes, it can go still go higher but Shiba Inu is a memecoin without real use, so the dump will come, the only question is when lol.

buying when the price is rising too sharply is very risky to lose, I think you should postpone the plan to buy shiba first. wait for the price to fall again because it is very likely that when a coin experiences a very drastic increase in a short time it will return to its base price in a short time.

It's starting to go down again. becareful with another dump that may happen on shiba
https://coinmarketcap.com/currencies/shiba-inu/


Your expectation was too big until you forget if the bullish or pump won't be so long. Take a look at the 1D chart and it's starting to go down again. You must be careful when investing your money. If you're thinking it's too late to get into the coin that has been getting a pump and then forget it and move on. You have a bunch of coins that are really worth investing. You must act as investors. Don't be fooled by the team and always buy when it was dipping.

You should not get on it now. Be patience

There is still an influence on Elon Musk who tweets about Shiba dogs, so people get carried away by the sensation and buy more Shiba tokens that's Fomo sometimes people who follow him will get stuck, I think this trend for 3 days is over now and the price has gone looks down again.

Shiba inu are indeed meme coins but they have large holders like dogees even without any real use but these tokens have been able to fly from lower prices until now, despite all this due to the influence of big people.

if I personally would never to buy SHIB, even though the price of SHIB has increased very high these days, but still it doesn't make me interested to investing in SHIB, because in my opinion meme coin has no function, so it makes me not interested to investing in meme coin, therefore I will never to invest in SHIB until whenever.

LOL, this is not good trading advice. Where is it possible to enter when the price is in a state of increasing. Very reckless and do not think long about the risks that will be borne. Crypto always has a cycle of ups and downs, so when you only see it currently going up and suggesting someone else to buy means you have lead someone else on with misleading trading advice. Just because you are left behind are you willing to make rash decisions.

You know what’s next if the chart tells an overbought level?
Well, just look at the market now the price goes down again and if you feel that FOMO, you might be the new hodlers of SHIB that are trapped on top. This is a good advice though, I don’t encourage people to buy because of FOMO better to analyze it properly and invest wisely.

If you are willing to risk it, then go ahead. The price already went up by 300% in just two days. There were people that were holding since the last all time high. So eventually they along with others will start dumping their coins causing the price to crash. It's already going down right now. Remember, its a meme coin with no certain future (so was dogecoin). If you are willing to risk  and can afford taking the risk, then go ahead. Or else invest somewhere better.

You said that you're jumping because of the hype. You should look at how quick it goes on a drop and you'll be thinking that you'll catch the falling knives.
That's not a good strategy IMHO and even if you want to have some huge discount buying it, you are not sure if it will pump next.

Playing technical analysis on Meme coins is a bit risky, moreover u already know in rsi its already overbought. Its a double risk if you believe on Memecoins over the technical analysis.
My suggestion is, buy another.

People dont realize about those overbought situations but instead they do really make out some FOMO feeling on these times and i feel sorry for those people who bought into the peak.

Checking the price of SHIB as of this moment.It is currently going down and its already -20+% and i wont be surprised if it would go as low as 80% or something like that.

This is the common result for those people who dont make any research and hooked up with their greed.

Using all these indicators on a meme coin is not going to end up well, haha.

Nobody is able to tell you whether or not the price of Shib is going to go up, down or stay sideways.

But I do think that given a large pump has already passed and the project itself doesn't really have any substance, you're probably better off sitting this one out.

Its too late to ride for me because the price pump already and a big correction is about to happen so better to wait for the price to go down again and buy more because SHIB will still go up because of the hype so that’s a good opportunity to buy and sell with SHIB and play short.

We know meme token are more of a hype so its not ideal to buy when its pumping too much, its already overbought and see, its correcting now so you can buy some for now and buy more while its down. Too risky to hold for long term though.

It's up to you. What does your risk management tell you to do? It's an overhype to me and soon it will crash. That's what I looked at in the situation. If you just like to hold it for longer then any price is a good entry. And more importantly, once you buy hundreds of thousands of it, don't expect and dream a $1 price on it soon.

It's hard for SHIB to meet that expectation.

The important thing is that you can buy any coin, including Shiba, when the price is low. Maybe waiting for another correction will be better because sometimes, the price can drop deeper so that will be your time to buy Shiba. But if you decide to buy now, you can panic when the price can not increase instead of getting down. It would be best to research before you buy to know when the time for you to buy Shiba comes so you can buy at a low price. But that will not guarantee if the price will not go down for more after you buy.

I've seen a lot of headlines that SHIB's only reason for the pump is Elonposting

But was there any fundamentals behind the last pump? A whale buy-in?

If not the latter we'll probably drift down to around ~0.000014
Still this pumping potential is a good sign for a coin I'd say. Elon's not going to suddenly stop posting about his doggo. The question then is WHERE to enter best...

Haha, I don't wanna say much, I want to image below the say it all, shib and the likes are nothing but shitcoins built on nothing and are certain to fail at some point some day, as I type this comment, Shiba inu is already down more than 20 percent since yesterday...
The below image is for guys like you, be careful to make sure you are not gambling with your money but investing it.

For some reason, the current hype about Shib has risen and its price has gone up a lot. But its price is going down again. Be careful from Shiba Inu. Coz at the time Doge was hyping token and Doge was hit 0.70$ but that Doge price now is $0.21 Which is many down less than ATH. Shiba inu totally like Doge. So, be careful to invest in Shib

Don't buy meme coins when pumped in large sizes, because the risk of loss is far greater than profits, unless you don't consider this because coins that can be pumped in hours at very large sizes can also be thrown away in seconds when the target has arrived.

It was clear that currently Shiba was throwing away after the massive increase. So it's all very dangerous if you get carried away by the trend while it's up and don't want to miss it. It's a shame that such trading stigma won't last long in a volatile market like crypto. Beginners are certainly easily attracted and enter the highest queue hoping the price will continue to rise after he enters. LOL ;D

Recently the ship token was pumped. I saw it when it was 0.00006000000........ but now it is now 4-5x higher than that. But I don't sure how much will rise from now or how much dump. If you want to do investment in this coin you must put only very lower capital which could be affordable to you. otherwise It could be very risky. I know this coin is pumping for long time. And investor earned a huge profit from it. Don't sure how much will run this journey. Maybe the time already come to make huge dump.

I see, I finally figured this Shiba Inu they kept talking about since I'm not a fan of this token. So this is more like a gambling coin or is it being used in gambling as a token? As I look at the chart it seems that this token is in bullish trend yet spikey. I wonder if it will continue to remain its price or something is about to happen soon that most investors didn't expect to happen?

So far with my experiences with these tokens that keeps popping up almost everyday. There are limited spot only for these kind of token that existed to be supported by these people/investors. So good luck with your gambling investment OP.

I would highly advise against doing this. It is clear that we are in a situation where it is impossible for me to suggest something like this specially at this time. I mean the obvious reason being that it is already high so do not get into anything when it is already high, people who made their profits already made it and that's done, sure it could go up but now that it is high the drop possibility is bigger.

However the other biggest reason is the fact that we are talking about a token that has zero utility and only pumps out of hype and nothing more. It can do this one more time, twice more, thrice, but eventually it will stop and will not go higher, be aware of useless tokens.

Many investors that had invested in Shiba Inu might have sold there coin because they were disappointed of the price of the price coin. We all thought this coin is going to do well before now, until we all knew the time might be longer than our expectations. If op want to invets in Shiba, then it's a personal decision and should not be discourage because the coin might still do well.

Take a deep breath and ignore it.

It's easy to get caught up in what is happening when people around you are making 100x their investment on a weekly basis.

But at the end of the day, SHIB has literally 0 intrinsic and the Vitalik burn was literally why it has any value in the first place. You might as well be putting your money on dice.

If anyone wants to take a risk then it is possible to jump into these projects during its initial phase and then once the coins pump book the profit and get out. I have seen many meme coins and other projects that does not makes any sense pumps to valuations we never expect when we think logically but there are many who are reaping huge profits especially the developers.

I will never enter these pump and dump coins but if i get to know some projects during the initial stages, i might try my luck.

The rise of meme coins in the crypto space was totally unprecedented. I personally dont like this kind of coins like shib. Their popularity is largely linked to their connections with social media influencers and celebrities.

Shiba inu is a meme coin, like the Dogecoin, and it became the talk of people these days, I see that many investors have made good profits during these months because of their investment in this promising coin and because the coin has gained nearly 300%, I advise you not to buy it now and try to buy Shiba Inu around 0.000021 which is heavy accumulation area, I expect that there will be an upcoming rise in the Shiba price, or there may be a direct drop.

if there are many investors and whales have made a profit of up to 300%, then I don't think it's a suitable time to invest, unless we make short-term trades. Even then, we have to be strict in managing our money because if not, big corrections can happen at any time and that's what we have to watch out for

This kind of meme coin will always be profitable in its early stages so it's exactly what you said because in the past I've also seen it on several other tokens where people who use it in the early stages will always find very large profits, thank you for giving good advice.

Well there is no harm if you buy it but for now it is a little bit risky to buy Shiba because it is now bullish again after a short correction. I think the best option is to wait for Shiba inu to drop down to 0.000021$ before we buy because it was a heavy accumulation area. You can still buy it at the present price which is 0.000027$ and please remember that you will not loss if you don't sell it at loss.

damn you are a rich man now , you have bought before the great pump happens to more than 300%.

I have bought 300$ worth of Shib few weeks back and yes it is more than a thousand dollars now and that is enough for me to get out.

while there are so many warning about Meme coins yet here some of them are gaining popularity and increases .

I am happy with my portfolio right with Bitcoin and etherum. I guess I wanted to gamble a little bit, I know shiba is a shitcoin but I guess I caved into the hype oh well not a big loss I move on.

Buying Shib at high price is very risky, it will dump anytime because many people bought at dip price so now they already made profit I expect Shib will dump soon. Investing in a meme coin is like a gambling so good luck if you want to invest, I rather to invest a long term project.

It will always be a huuuuuge gamble when you invest into any memecoin. They are normally worth zero, but people do make it worth something and that is why they look like they worth something. We all know that people would never put their money into anything that worth zero in real life, but when it is in crypto they go crazy about these stuff for some reason.

I believe that we will definitely see a big drop in the price of shiba and doge and every other memecoin. Gamble your money away, nobody will care for you when you lose, and there will be plenty of people who will call "crypto is a scam" because they lost so much money on these memecoins, I will not be shocked if they believe shiba turns out to be a scam and they call all crypto a scam because of it.

Maybe people need to calm down for a while as Shiba is down for now. Maybe after this, Shiba continues to go down to prepare your money to buy at the other low price, but predicting the dipping price will not be easy as we do not know how deep the price will go down. The only thing we can do is just buy a small amount and wait for a while. But be careful because Shiba is a meme coin that we do not know if that price can rise higher or it is stopped to the current price.

Why do you buy SHIB now?

If you love SHIB, why did you not buy it months ago when it fell and in accumulation phase? It rose 400% in 7 days and you want to buy it now. It is a bad decision because it can fall 200% or 400% to where it began the growth recently.

If you love SHIB, wait for the next accumulation phase and buy it. I won't buy SHIB, now and in next few months. There are many better altcoins for me to buy.

Gambling with Shiba will also get you trapped in problems and disappointments later,
because any product that is not good for the long term will always be bad to gamble with at any time.

If you're buying this a few days ago and you might buy SHIB at the peak price and then shiba was suffering 30% loss that means your portfolios were also getting loss as well. It's better to enter in the shiba market when the price was going down. That will give you the more confidence to invest in SHIB for short term. I would never recommend this as long term investment because the risky was so high. You should always wait a big for it to comes down again when the price was increase. When you're entering in the bullish trend of shiba and this might be a disaster for you. Shiba has a chance to surpass doge coin based on the various analysis from the experts but your position meant something important for your portfolios. if you're taking a wrong step and you will be loosing tons of money from your pocked due to the dump that happened with shiba anytime.

I am still having trouble to understand why a TOKEN, that has absolutely nothing, gained this kind of success. There were like a ton of similar tokens that failed, and they were happening way before shib...

Shib is included in the new coin, and of course you are still not too late to start owning this coin. especially now the price of this coin has increased. and I think it's time for you to expand, before you really miss it

Shiba inu have been trending for some days now and the volume is up.  It will be easy for you to short Shiba inu if you have been holding but as you are hoping to get in,  I will advice you watch the support line carefully  so as not to get burnt.  If the support holds for few days,  there might be another leg up in price!

It is the main mistake of traders to get tempted by take-off of any asset and buy on highs. You should understand that this growth was caused just by one more tweet from Elon Musk. Is it a reason why coin can rise for a long period of time? Of course, no. It can pump the price for a short while, but then it can be the same strong decrease, so I would rather you kept aside.

I think the price of Shib tokens will go down, we need to wait a while to buy them back. Because meme tokens are very dangerous if you buy at high prices. The current price change is great, but it won't last long.

lol. Are you going to fall for the fomo and buy in this shitcoin for such a high price? No, the bandwagon has gone quite far and you should not jump on it at that price. But if you really want it and think shib going to raise further then I can only tell you to wait a bit, only buy it after the market cool down for shib. Right now? No.

I don't think that you need to wait for anything to buy shitcoins like SHIB.  :D  You never know when it will start rising in the end. Maybe you will miss a big opportunity just because you waited. So I think that you should just make your investment immediately and wait for a big run in the price. If you are lucky, it happens earlier than you imagined. Otherwise, you will need to be patient.

Most importantly you can buy any coin, including Shiba Inu, when the price is low. But if you decide to buy now, you can panic when the price can't go up and instead goes down. Maybe waiting for another correction would be better because sometimes the price can drop deeper so it will be your time to buy Shiba. But that doesn't guarantee that the price won't go down again after you buy.

very active right now. In my opinion, in this period, crypto will be followed in the short term and managed with a hit-and-run tactic. While it increased by 30% at once, it lost 25% in value a day later. Therefore, I think every coin is an opportunity if you will follow it well. I would say be careful if you can buy it in the evening and only look at it in the evening.

Let's lay off the Shiba inu. For now it looks like there will be a fairly hefty increase. We will be able to get a profit to hold this coin. I think so. Grab it fast for this token :-X

This is actually depending on someones risk management if they would really risk out on buying this meme coin then its their choice but dont anticipate or believe much and there are people who do even believe

that it would reach $1? which is too impossible considering the total supply of this one which it isnt really bad to take some risk though but i would choose up Doge than with Shib.

We cant really just deny on the hype is circling around with this meme coin.

Are you prepared with the risk of a big loss?  because at this time when the shiba experienced a significant increase it is not possible to increase it, it is because it will undergo a correction.  I think that right must be chosen wisely to invest in Shiba so as not to get caught in a loss

Buying an overbought assets is a big no, moreover its a shitcoin like shiba, u would probably trapped on top of the hype and never able to sold it on that price in the future.
But in the end of the day, its still ur money and ur decision to choose.

Buying Shiba is good because Shiba Inu is an amazing coin in fact  All Top 30 Altcoins Crashed Against BTC Weekly, Shiba Inu (SHIB) is the Only One Up 80%
So It’s safe to say that Shiba Inu and its native token have garnered the attention of the cryptocurrency community lately and I think Shiba will soon rise so I think it is good to invest on Shiba right now.

Determine the right coin. Projects that have a hand in the future, and can provide us as holders of the coin. Shiba inu I think is only in line with Dogecoin. If you want this coin, you should wait until the correction sir.

I invested about $40 SHIB about a month ago and am happy because the current value is more than $350, no doubt that SHIB is a promising token because it is trending in various media and investing in SHIB now is not too late because the team's target is to reach the price of $0.001 this year .

If SHIB team can burn token and they buy back shib from market And if the big investors and company invest here like Microsoft, Apple, Facebook ETC. Then maybe it's possible to hit $0.001

I'm yes, Buy Shiba now. because of what, because in the future there will be a prdiksi increase in the price of tokens along with the rise of BTC.

Not all tokens would rise along BTC, SHIB probably follows but its probably not too. The fundamentals of Shitcoin is nothing and would fall anytime.

Yeap I think you make a good observation there Mostly is good to lookup why it had that pump in the first place and whether its sustainable and where it will head next and why you think is headed there Look up devs and see whats going on there

For Shiba right now, I think people need to dyor themselves before deciding to engage with it.
I also used to FOMO follow this coin and get x20 profit, but then I realized they are doing a lot better than other meme coins in the current space.

Then, at that point, perceive how low it has begun selling. Again the most noteworthy rising business sector. You would now be able to perceive the amount it is diminishing or expanding. Assuming you purchase at a benefit, purchase at the base. Crypto consistently has a pattern of high points and low points, so when you just see it as of now going up and recommending another person to purchase implies you have lead another person on with deceiving exchanging counsel.

Another bandwagoner...

OP, I highly suggest that you look into actual investment vehicles or research large cap coins before you delve into the realm of gambling on memecoins which are supposedly going to 10x or 20x your capital.

From someone who has been around for a while, it's not worth it for the trouble. The hype comes and goes, and only good technology stays over time.

I have not purchased shiba but looking at his hype and community buying can be a good option. Project team has done well to really give some good benefits. In any market no one is perfect to tell that what is going to happen next. it always depends on news and hype, from which money comes in market. Binance listing is not a small things for any crypto so if chart looks good for investment it should be purchased.

People seem to enjoy this coin as it has gained huge value since its inception. But I don't think if I only know about it meme coin and receive a lot of attention and support from the community, but the difference is not too much, so their products are not too special. Although it is currently maintaining good stability, I personally do not appreciate it if it is held at the moment.

Nothing special.

It became special when there's someone that has caused the spike and hype. But see to it that there's nothing really special to it if you want to hold it.

A meme coin that has an uncertain future, most of them are.

then you are lucky enough mate and i Hope you had sold those coins early yesterday because the value now seemingly going back to the lowest it can before the price greatly increased.

https://coinmarketcap.com/currencies/shiba-inu/

Losing 14% just yesterday? best to get out now or feel sorry as this is just a Pumping strategy from Elon Musk .

Shib I think is a promising coin, I believe Shib has a chance to become a coin with a 100x increase or more in the next year. Supported by strong finances I believe that Shib will soon enter the top 10 and I make Shib the fifth ranked asset.

shiba may be promising because it has received strong investments. It is traded on top exchanges like binance, coinbase. It always seems like a scam to me and that's how it will come shiba. We have seen that money can be earned from shiba. Let's see if they will continue to develop it as a project. If they continue to improve, I'll look into it again.

Right now I see SHIBA is in a very good trend, so this coin is a hot topic of a discussion among crypto users, but I hope you don't get your hopes up with this coin, because SHIBA is a meme coin that can be isolated at any time, so it can drop drastically anytime, now the price has reached $0.00002722 I think this is not the ideal time to buy SHIB because the price is very high, if you are interested and confident in SHIB then wait until the SHIB price drop even lower.

This shib meme coin only comes by dumb luck even for meme coin level. The price has been gone and over many times already so any time you bought it at right now, you will face a bigger risk of losing your money. Take this advice and don't let the fomo make you make the mistake.

There are many other Coins that are better and have uses in the future. I recommend choosing another coin only. Try to analyze your options again.

Agreed, but if the OP really want to push its luck, try with only small portion of ur portfolio, u will learn nor earn at the end of the day.

You should not. Even we give you some information, I would have expect you to have no clue to do when you buy "hype coins" because you are just joining the bandwagon and hype train.

Because of Elon's tweet and following the "bandwagon" like you will do.

Just wait until you are sure what to do.

There is only two possible outcomes whether you do make profits or whether you do lost up money but somehow we could have our own free will when making up decisions because we arent that blind on how hyped
projects mostly turned out in the end of the day which it isnt always on the positive side of things where you do end up on making profits.You should always consider about the risk involved or behind.
If you could deal with the risk then go ahead but if not then better to stick with well established coins or on top ranking because this is something that you could rely upon but
its not always an assurance.

The overbought level on the RSI does not necessarily means that a crash is near, we must remember that markets can be irrational and if there is a lot of hype around that coin then the RSI could remain in those levels for months, personally if I were you I would not invest as the chances we are seeing yet another manipulation event by some whales is very high and I do not want to buy a coin that has so weak fundamentals for such a high price, because if the crash does indeed comes and you do not sell fast enough then you could need to hold your coins for years.

I don't think this is the good time and IMO the hype is already over. Just remember, SHIB is a hype coin with no real motive other than to get people to invest before the creators can rugpull. Do yourself a favor and DO NOT invest. This coin has absolutely nothing unique about it other than hype. When the hype dies down, so will the coin.

The problem with chart reading is the fact that it shows people what it should do but people sometimes do not care. I believe that chart is something that should not be the reason we make our decisions if we are dealing in crypto, it could be something that would be okay if we are in stock market but not when we are in crypto world because we are way too emotional to care about the charts. Of course, it will happen sometimes, but not every single time and that is why you should not be making any trades based on the charts basically.

There are situations in the crypto world where it looks like it is going to go up but then it goes down that is not because chart was wrong, chart did show what it should show, but chart is a chart and not human and doesn't have money so it doesn't buy or sell, it is humans that buy and sell which means while chart shows it is going up, people could still sell while ignoring the charts. Reverse is possible like you said as well.

That's probably the role of meme coins as they are easily hyped and once it over, they all fall down to their low value. But i still see meme coin still profitable these days because its value still keeps getting better everyday. Maybe we can be profitable in Shib even just for a short time as long as you buy it with a low price. Right now, its price may be quite expensive but if you can manage the risk because you believe it has still potentials to increase more, then go for it. Not really bad to make profits before its value goes down.

better to wait for the price of the previous correction, now I think the price is too high. after experiencing a drastic increase a few days ago I saw the movement of the shiba coin slowly decreasing. this is a meme coin the risk that will be faced is very high even though the opportunity to take profit is also very large.
To avoid too much risk I suggest buying at a stable bottom price before the price increases a few days ago.

Damn day after your post Shiba Inu climbs high that most did not expected, Actually i come to buy only a few hundred  dollars weeks back.
and this is my biggest regret because i can even earn so high before and surely making x4 of my total capital.
Yes it is already done Pumping and in the next few days, Whales will dump this  while other newbies will starts buying.

Shiba is proven and tested that can give a return from our investment and I think the price is now 0.000025$ which is still very cheap and a very good time to enter into it. Just research and read about Shiba because the decision is still all yours people well always have or open suggestion but at the end of he day you will be the one to earn or loss if ever you will make a wrong decision.

I'll never buying the kind of coins like this, and I wouldn't advise any friends to put any money into it. It started out as a full on scam token that gave half the supply to ethereum's founder just to give it the air of credibility. That's all I ever need to know about it.

But the day he Posted this is the moment that the price of shiba inu is still downing . so if He managed to Buy that same day then after a week he is 500% richer and i hate to say this but i deny buying shib while many of my group mates are pushing me to accumulate at least 20% of my total folio but i did not and now I am a loser lol.

If he likes Shiba and tries to buy it at this time, I guess that's fine too, as long as it's only for the short term, but if it's for the long term, Shiba is not very suitable to buy, with the reason that there are coins that are better than Shiba namely which is already in the top 10 cryptocurrencies, so there is no need to waste money on Shiba.

Then, at that point, perceive how low it has begun selling. Again the most noteworthy rising business sector. You would now be able to perceive the amount it is diminishing or expanding. Assuming you purchase at a benefit, purchase at the base. The greened flame won't ever keep going forever and you should recall this. Reconsider and pick the shrewd choice for your cash.

Still believe that SHIB will surprise you again in terms of price?
SHIB for me is nothing more than a meme token and so far the SHIB trend is no longer the talk. Please see for yourself how the SHIB price chart this week.
I don't mean anything negative about the SHIB token, but I want you to reconsider before making a decision. Better look at other tokens that have a good chance if you buy them.

For the long term of course Shib is not recommended, it is too risky because new coins like Shib will easily evaporate, but for the short term or less than 3 months buying Shib will be very profitable because currently Shib is still trending on various social media and the number of current holders is more of 700k proves that the Shib is worth our buy.

Something that can't benefit us, it's better not to try to join in. Because someone wants to work when someone already knows what the advantages and disadvantages will be. I don't want to say Shiba Inu is a bad token because that's not my capacity. When it comes to SHIB, I don't think the price will stay on a good line forever and I've also noticed that a lot of people think SHIB is a meme token and I agree. You must know how the fate of meme tokens. He is only momentary.
Please analyze (https://coinmarketcap.com/currencies/shiba-inu/).

We must remember the best indicator we have available is the price, I often see traders which have a soup of indicators not realizing they are obscuring the most important source of information which is the price, this is why our indicators could tell us something but the price then begins to do exactly the opposite of what we thought the price should do, and this is because as you state people can be irrational and as such markets are irrational as well, so this should be taken into account in any trading strategy.

I have friend who bought this coin. I've told him that it's a meme coin but he insist to buy it and put that on stake on Binance. I've just given him a piece of advice that when he's already in profit.
Take it, and don't think of long term on this coin because it's unsure that this coin will be having a good future.

Buying shiba in any time is a wrong move. What I would suggest is to make your own token instead of buying shiba. Creating your own token these days is easy, I mean in the development stage, it will be a very bad one if you create it all by yourself by copying others, but that is literally how horrible shiba is anyway.

It is just some guy who made it so that he could make a profit from the elon musk tweets and we are basically buying that when we buy shiba, instead of buying shiba which is a profit making method from the creator, just be a creator yourself. You will not make any profit, people will probably not care about it, but it will not be that different from buying shiba neither.

Its true, risk management always needed on every action we take. If we dont bring it on, probably we would drown on our own decision later.

I bought 20 dollars in shib recently, I plan to buy another 30 and close at 50. I don't have much faith that it will go far but I will leave some in my wallet in case it goes up like the doge and I manage to make some profit.

Taking into account the investment is so low then it is not a bad idea to go for it, but even then you must follow the same rules that we must follow with any other investment and if you see this coin is going down significantly in value then get rid of the coin, after all even if you would not lose a lot of money in that scenario that is money that you could use to invest in a better coin in the future and you do not want to waste it by holding a coin that is crashing

In my opinion it's too late to buy shib. I think it's over price now and we should wait some more days to drop the price. It'll be better if we buy at a lower price. We shouldn't follow the trends and need to analyze market deeply. After some days, we'll be able to buy more shib to fill our portfolio with same amount of money.

by buying SHIB now at a price of $ 0.00004578, it can be an investment option to get quite a lot of profit, why? because SHIB will be predicted to be a dark horse in cryptospace and I think it is not impossible in the near future SHIB can reach $0.1 which is a very high increase if it does happen.
So it is true that there is nothing wrong for us traders/investors to save SHIB and buy SHIB right now.

It wasn’t the peak but maybe now shiba is on its height level where it is getting difficult to buy for profit. I also had plan of buying shib but i dropped it cause i don't think its a right decision to buy any coin when its too pump. Better not to take risk & ignore for avoid losses  But i must say, there are big fish behind this Meme coin shiba which makw shib Strong enough to make this long journey possible

I suggest thinking twice if you want to buy SHIB right now. The price of SHIB is already very expensive, it increased very significantly in the last few weeks.  You are better to take a look at other coins if you have some money. XRP, XLM, or TRX seems to deserve to buy, these coins have a real use, not a meme coin like SHIB. Or if you really want to have meme coins, I think Dogecoin is a better option to buy than forcing yourself to buy SHIB.

In terms of price increases this week only the SHIB seems to have increased a lot, and it also adds more risk if someone wants to buy it at this time which he can also be very sorry if the SHIB declines for the next week, so I totally agree with the suggestion that you offer.

If you have good trading skill - buy Shiba Inu or what ever you want, anytime you want. Several weeks ago, $0.00003 was already considered a high price and it was not recommended to buy Shiba, because of a pump. But looking on the price today - it has almost double. Maybe there is something behind it after all. Maybe soon some whales or popular crypto people will start to talk about it more or promote it.

Right now I have changed decision from not buying to buying and attentively observing the price, being ready to sell it immediately or fixing with minor profit.

We have different views from buying SHIB knowing it will always be a meme coin which has an uncertain future. But for me, i also consider that this is still a good buying moment for SHIB because its still backed by an increasing community which means the demand keeps on growing. Though it has high possibility that it will dump its price anytime soon, and investing in it right now brings a bigger risk, but if there is good profits awaits in the future, then taking its risk is definitely worth investing. SHIB has been making good developments recently, so it has high chances that people will continue holding it rather than selling the coin.

Great timing lol , from that point you are earning 500% now right?  ;D

https://coinmarketcap.com/currencies/shiba-inu/ SHib is still pumping now and more than 2 weeks of great increase .


today increasing 40% again and in the climbing position still , so what will be the peak for ths?

do you think at least 0.00008$?

SHIB is a fantastic coin that is often trending on twitter, today it rose again by more than 23% and this week it rose 92%, I believe the positive trend of SHIB will continue so that buying SHIB now will have the opportunity to make big profits, I believe SHIB still has the potential to entered the top 10 before December.

These are two things that rarely comes close together. I am a bit amazed that Shib Inu is going across the market and shows growth (huge again), when every other cryptocurrency either losses its value or clings to opportunity to keep same value or do a tiny growth.

Maybe I am a fool that still resists buying it, but exactly with this altcoin-memecoin I dont want to risk or hold it for a long time.

It doesn't have to be like that and indeed, many investors reject meme coins for them because of concerns that don't hold fast, but when they see Shiba tokens soaring with endless pumps, many regret it and it turns out that Shiba tokens are able to prove that meme tokens are able to compete with coins others even capitalists rose really big.
And indeed this is a big risk on meme coins but it depends on us to take it when it's hype so from this I have bought a few meme coins that are busy with the hype.

Wrong in that part because there is never too late if you trust the currency , even if this fails you will keep it for holding though i doubt that Shiba coin is worth a hold for long term.
There are still pumping happening as i thought this already end week ago but yesterday another 70% increase from this coin.
Is this another Elon musk strategy and work? the trending situation usually created by ELon i guess.

If today is September 27, 2021, it seems better to wait for the price to go down, because yesterday the price has increased a lot and now is the time to correct the price again. So maybe if I observe, the price of Shiba will go down again and at that time maybe we can buy. Then hold for about 6 months. There is a possibility of going up again between these months.

In my opinion, the SHIB price is very inflated. Buying at this point is not a very good idea. I think we will see big drops soon. Personally, I am also thinking about buying, but I will only do it when the price is halved.

Looking at this thread today, I can't believe that when OP created this thread the price of this altcoin was very cheap and it increased in a sureal way, my brother bought it and made a big profit, but I didn't buy it out of fear. in any case, I do not advise anyone to buy this altcoin at this time that it is falling and could fall further


it seems to me that you are being tempted to buy shib even though it is dangerous to buy at this price level and with this uncertain condition that the market is having. bitcoin is simply stagnant between $62000 to $65,000, so if the price of bitcoin drops below $62000 it will likely drop a lot and take all altcoins with it.

If you want to buy SHIB, right now it's still a good thing to do because the SHIB movement continues to increase and you can see for yourself how the movement of the Shiba Inu chart increases on coinmarketcap even though Shiba Inu is considered a meme token.
Currently the price of Shiba Inu has reached $0,00004893 (https://coinmarketcap.com/currencies/shiba-inu/)

It was almost a month since OP posted this and as far as I know, the price during that time is not that high compared today. If we have invested in this project earlier no doubt that we are in huge profit now. But that's how the investment works, can't just say it was a good coin to buy until such time that it pumps.

I know that many people are in regret not giving interest to Shiba Inu. Many had missed this opportunity as we think more coins couldn't give any but Shiba did something great more than the others, even to Bitcoin. But for now, I don't make this a real deal to buy this project, the hypes has almost ended and we have to anticipate the dumps next to follow.

The people here today seem to have gotten a huge value out of the importance of the coin we seem to have enjoyed but I don't think I only know about Mimi coins and the money difference from the community is not too much

It depends on whether or not someone likes the meme token because those who really like it will always buy coins at any price and those who don't like it will always ignore it even though the token price is very cheap.

There are still those who do not care what a token is and whether it represents any useful quality, because they only see a speculative value in it.
The truth is that if the price of Bitcoin continues to rise (and it is very likely), the price of the SHIB will also go up. In my opinion, the risk of investing at this point is the same for all altcoins, so if anyone believes this is not the end of the bull run, they should invest.

The potential of the Shiba Inu for the future looks good if we look at its charts in the market. For me, Shiba Inu is one of the tokens that has a great team in working on or advancing Shiba Inu. Even with the promotion by Binance, Shiba Inu increasingly makes us believe that Shiba Inu is a token that is different from other tokens. For now, almost all types of coins and tokens are experiencing a decline.

As i decided not to buy shiba inu cause it was on down mood. After shiba come to this crypto market, it began to free fall for first time on 28th October. And still it hasn’t able to raise again but decreasing from its cost continuously
But that was its peak with new ath of $0.0000753 and it fall back 40℅ again within 3/4 days. So It wasn't safe to investment

In my opinion, the words "safe" and "Shiba" should not be used side by side at all.
Shiba Inu is a project that became recognizable only because Elon Musk bought a dog of this breed. How can an investment for such a stupid reason be safe?
If you haven't sold your Shiba Inu yet, do so as soon as possible as this coin has no value or future.

I agree even though currently the price of shiba is going down but this is not the right decision to buy it,
I'm saying that for no reason because shiba is a meme coin so it's hard to see the price skyrocketing again,
very risky if you really want to invest long-term in meme coins

Now that two meme coins have been beaten by AVAX in a matter of days where AVAX has risen to the top 10 of the ranking on coinmarketcap by shifting Dogecoin and Shiba Inu to the bottom, so it's very clear that choosing a coin that is not a meme is a very wise move for now rather than having to think about it to choose memecoin.

The risk is great if you make meme coins a long term investment, because on average meme coins like SHIB have no real future use and so far there is no clear basis for meme coins, investing with meme coins should be considered first and wait for momentum right before starting to invest in it so as to minimize losses.

Exactly, it's a coin that goes up for no apparent reason, with no clear project and no clear purpose. The risk of this kind of meme coin is huge and it is not a good investment according to some people. Only opportunities and opportunities if you want to make a profit. Minimizing risk could be by holding it in the long term, such as doge that can grow in years.

Meme coins are only suitable to invest in the early stages and when the hype is just starting and when the good trend is developing, when that is all over, then stay away from meme coins so you don't lose your money because of it.

I would not buy it right now:
https://s3.tradingview.com/snapshots/v/vsURPrAw.png

Dogecoin is not growing for years but rather surviving for years as long as it is in cryptocurrency and in general it is not so bad even though the class is memecoin in cryptocurrency but still very good to have in the short term.

Shiba Inu managed to reach the ATH price one month ago, and now the Shiba Inu price has dropped about 52% from the ATH price. This means that
the price of Shiba Inu has decreased enough, indeed the price of Shiba is relatively cheap to buy, but the problem is that meme coins like Shiba Inu
go up just based on hype. While the Shiba Inu was already experiencing the hype, meaning that the possibility of the Shiba Inu rising again in
the near future is very small. I suggest not buying Shiba Inu right now, it's better to look for other coins that have potential and have strong
fundamentals. Meme coins are indeed more profitable if we invest in the early stages, because usually the pump will be high at the beginning.
But after that it will be difficult to recover again, that's the reason why investing in meme coin is not for long term.

That's the meme coin scheme works even though the shiba inu has become a fundamental coin, but for blockchain technology it still needs a process in its development because the core value of shiba inu is as a meme coin. that's why the chart/candle stick is just hype at the beginning not at the end. it's better to choose another coin that has strong fundamentals like DOT,AVA or SAND

Well, first of all rsi is not the only thing you should consider when buying a coin, you should also use other TA tools and then correlate each other. I believe you know what I'm saying. But looking at the chart, I don't think it will pump anytime soon now for the next few months. And buying now still isn't the right time, I think the price will go down further so wait for that perfect time if you really want to invest in shiba. Analyze the market very well, and don't fully rely your decisions to other people.

For me Shiba INU is in the list of top memes coins which perform huge in recent time . we know that in memes coin one of the best is Doge while the second best memes coin is Shib INU . I think its perform well than doge coin because doge has laumced too much year ago wilhe shib has launched in this year. If we compare them we found out that shib perform well than doge while if we observe oveall thing in overall doge is best but in recent days shib perform well

For short term meme coins like dogecoin and shiba are suitable but if talking long term it's not the right decision and I don't recommend,
in the meme coin we wait for the hype and sell it immediately it's already profitable so don't hold it for too long

Shiba is sort of the thing that you do not need to ask if you should buy or not. If you are buying it then you already convinced and somehow you think that it will be basically just a crypto situation where it is a very risky move but you hope for even a better return.

However, if you are not sure, you will read about it carefully and see that Shiba is not something you should buy if you care about your money, why would anyone risk their money for something so silly? So you either buy it and not care about anyone, or if you are asking about it then you do not buy it at all. Those are the options; you should only care what you think about this token and not what others because any sensible person would say don't buy it and any shiller will say go all in.

SHIB is one of the memecoins that has a very good performance at the moment, where its popularity has soared very high, even so you must remain vigilant with this coin, because in my opinion memecoin is still a memecoin that has a very high risk. compared to other altcoins, you should do a careful analysis and wait for the price to be lower than now, which is $0.00003704, so the opportunity to get a profit is very high later.

Despite the significant increase in the volume of SHIB, its value is decreasing at the same rate. It's like the calm before the great storm. It is as if the ground is being prepared in case of a sudden rise.

If you look at the highest price that was reached a few months ago, which was $0.00008845, of course now the SHIB has decreased quite a lot, which is around 50%, where the current price is $0.00003761, I think this is the right time. to buy, but always monitor the movement because the habit of memecoin increases suddenly and falls at unexpected times, if you consistently invest with SHIB the chances of getting a profit are very high later.

Risky advice. Yeah, you can still make a lot of profit on short term trading with SHIB, but it is not because it has dropped a lot that it will pump again. It remains one of the coins that is getting hyped right now and without any real reasons, the coin can either pump or dump massively. I would be very carefull and only invest money that you are willing to loose.

BRD coin has increased 500 times in a very interesting way. When we look at it, I imagine this beautiful move in SHIB and 1 dollar doesn't seem too far away, don't you think? Let's take note of this sentence, please, "SHIB will be 1 dollar and those who invest now will be the rich of the future". ;)

All meme coins do not have a clear use, meme coins are created only for pump and dump. So the risk is very high if we decide to buy Shiba Inu,
like I said before it would be safer to choose other coins with strong fundamentals. But actually if we are curious to try investing in Shiba Inu,
we can use a little capital, because the main focus should be on investing in several potential coins. Maybe from the three coins you recommend,
I support DOT for a good choice to now buy it, apart from having strong fundamentals. DOT is also a popular coin with high demand, so it's worth
buying right now.

At this date its great to buy but never invest too much in this shitcoin.

I do agree. This is a good time to buy bitcoin and solid altcoins but when it comes to meme coins, we should only invest in it with a minimal amount. It's not good that we should only rely to hypes in making investments because if that hype will be over, does that mean our capital will be over too? So its a perfect time to think about the utility case and usefulness of every coin you want to invest. If you think Shiba is one of them, then make sure to invest in it provided that you know how to deal the risk. Investing in bitcoin and altcoins maybe risky in the first place, but it will be more risky investing in meme coins as they are only good for pump and dump.

when it was pumped on a large scale, many people were immersed in the euphoria, so following the fomo that occurred, there were still people buying at the peak of the price that occurred. until now shiba has decreased, so many people are starting to panic, to buy at this time I think use a small part of the capital to seek profit in the short term

what should be underlined is that Shiba has a huge supply of 589,737,271,202,617, data taken from Coinmarketcap.
Of course this is what makes Shiba very easy to FOMO, just imagine you buy with $1000, and you will get a lot of tokens,
Fomo comes and people buy when Shiba has gone up more than 100%, and when it is at its lowest point, many people who didn't buy it, it's funny,
look at tradingview, Shiba is at a low point, for me this is a good opportunity to buy

This is a very popular coin. I think its future may be very bright. The reason is that this coin has become very popular as far as I see it.  As long as its price has gone up a lot, I think it will go up further

Buying shiba inu tokens at this time is the right time at a price of $ 0.00003922 especially shiba inu is no longer a meme coin, shiba inu has evolved into a fundamental coin especially in the near future shiba inu will become a metaverse coin you can check the official in here https://twitter.com/Shibtoken/status/1464355311003713544 (https://twitter.com/Shibtoken/status/1464355311003713544), if it is launched of course the value of the coin will increase and we will get more profit from that

In market conditions that are often corrected like now, then the potential to increase by the same value will not be easy for any meme coin and it will also be very difficult to add new volume because almost everyone is now looking at better coins for bought.

Exactly, when the hype is over, investors will focus on coins that are proven through time, meme coins are not that kind of coins so they will be the last priority. Actually, people only invest on meme coin to earn a short term profit, so they are not attractive if the market is struggling as they will also dump like a the other altcoins with no pontential in the future.

Will every coin that goes up in price never go down again during a market correction ? try to think logically in this case because what a lot of people are talking about is about meme tokens that have no use, so I'm not sure if Shiba Inu will experience a big increase again in the future.

Shiba could be profitable for hold if you know how long you should hold it long. Shiba doing well because binance us, elon, shiba community & investors are supporting this altcoins. Just don't buy when it too pump cause loss will be high if dump! So we should be patient & wait for correction! but investing on memes is like gambling, so think again before invest your money on those

Yes, Shiba has too much of a stimulant that causes temporary euphoria and makes investors go overboard with this option but now antibodies have begun to appear fully, the stimulant is also being diluted by many effects, the game hosts also quietly left in silence and left the messy scene behind for the participants, people who are waking up will have a lot of headaches and try to sort things out. A new race is running and when sanity doesn't return in time, delays and the area closes, sometimes they will need extra cost to process faster, such extreme games are very expensive

I also don't believe that in the future the shiba inu will be able to match their own achievements at the highest price,
it's really difficult, especially since this is a meme coin and we know that almost all meme coins when it goes down it will be difficult to go up

I don't think shiba is a token meme nowadays, yes it used to be Shiba was a token meme,
but now all that has changed since Shiba entered binance's radar, and listing on favorite exchanges like Binance, Coinbase,
this is what turned Shiba into a token meme into a token holder for community

If you buy shiba inu right now it will be a good investment because now all market are in dump position most of memes coin are in dip especially shib after hitting alltimehigh it goes down and still are down but I am sure when doge pump all memes will be bullish and you will get huge profit like previous time when people get 200% profit

We don't know what awaits for this coin in the future, planning to invest with Shiba inu or in any types of project needs a thorough investigation, do your research and make sure that you understand everything inside this business, meme coin like Shiba always
have up and down. If you know how to place your investment in the right timing, you will be compensated, but if you will just invest
because of the hype or influenced of other people, it can also lead you to failure.

Assess your capabilities and understand all the grounds in terms of Meme projects. After that, you can decide to whether
you will continue or you will skip and move to another project. ;) 8)

As you've said that all markets are down, why choose a meme if there's a better one that's reputable than it? But that's your strategy of going with the meme coins and you're the only one that understands how you're going to use your money and where to invest it.
I'm not sure about meme coins if they're going to pump again because all of them are all depending on bitcoin. As you see, bitcoin is down and everything came crashing.

This project has been mentioned and praised by many of my friends. Since they find investing quite interesting, each of them may be motivated by past profit-earning investments. However, changing another person's opinion is not an easy task.
More than 1 million wallets now support SHIB! SHIB's market cap is definitely near the top. Everyone seems so positive about this, but we've missed the boat.

Actually, $1 does seem too far away, even impossible, because the market cap in this case would have to be transcendental. I doubt it even if every living person on the Earth would invest in SHIB. So, in my opinion, it`s better to be more realistic and make tangible profits, rather then dreaming about $1

Trader with good skill, will never buy shiba. Wise decision is to avoid this meme coin. Its already so much expensive and from last two month, it only dumped and go bottom. And still chance to go more below on next week. So no doubt, You'll be in trouble if you buy or already you facing if you already buy. If you think you are good at trading, then can take risk but i suggested think Once again if you haven’t bought yet.

There is only one thing I can say for SHIB, if you are planning an investment in the long term, I think you should buy it and forget it. Let's talk again in 3 years. ;)

 True. Nowadays a significant Change has seen on shiba inu even I heard shiba inu has chosen by many organisations for use. if such things keep going on, then no doubt it could be top valuable currency in crypto market.  
I agree that shiba is on the way of getting valuable currency but if you think, only listed on binance, coinbase will make shiba a real coin, then i think thats wrong. Cause binance, coinbase had added so many currency before and also delist those for their shitcoin behave. But i'm hopeful about shiba inu