Elon Musk made tweet about animal coin again. Time to buy doge and Shiba Inu?

[Deewhy50]

The big player Elon Musk made post about Shiba Inu again. Should we trust him again after what he has done to the crypto world? Doge is now 0.24, 70% decrease from its peak. SHIB is now 0.000007, drops nearly 85%.

If animal coin will rise again? What are your top picks? My picks is

1. Doge coin https://www.binance.com/en/trade/DOGE_USDT?type=spot
2. Shiba Inu  https://www.binance.com/en/trade/SHIB_USDT
3. Tadp  https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xa7acafedcdf33ad7541698701e9a76b48ec62728

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[iged_war]

based on doge price history , maybe i am prefer to stay away from shiba. i know some whales and traders will buy and speculate on shiba due elon's tweet. but look at the price effect after he tweet, price didnt move alot and even drop again. investors now become smarter than before after alot of traders rekted in doge.

[Maus0728]

Sometime I think that if we were going to take advantage of this short term gains, people can make money out of elon's crypto trolling in twitter. As long as you have your proper bankroll management and you know that the particular coin will be rugged in the process.

You can somehow make money.

[masterrex]

IMO, I believe it's a big NO, we should learn from the previous mistake and experiences, But if you want to take the risk then it's your call Because I believe history keep repeating itself so the previous scenario might happen again so consider the risk seriously. I don't care about what Mr. Elon Musk says when it was intended for crypto But I'm still following Elon Musk in the technological development tweets especially when it was about SpaceX update.

[Serco]

based on doge price history , maybe i am prefer to stay away from shiba. i know some whales and traders will buy and speculate on shiba due elon's tweet. but look at the price effect after he tweet, price didnt move alot and even drop again. investors now become smarter than before after alot of traders rekted in doge.

elon musk never responsible with the thing that he did, when he shilling any coins and beginer investors trapped on it till lose their money this man was never care about it. better to stay away as long as we can.

IMO, I believe it's a big NO, we should learn from the previous mistake and experiences, But if you want to take the risk then it's your call Because I believe history keep repeating itself so the previous scenario might happen again so consider the risk seriously. I don't care about what Mr. Elon Musk says when it was intended for crypto But I'm still following Elon Musk in the technological development tweets especially when it was about SpaceX update.

that is what i mean, we have learn alot in doge case. alot traders lose their money when  following elon musk game. now better buying good project in top cmc.

[maydna]

I guess I can gamble with Shiba Inu with small money

If he wants to attract the investor to follow his tweet, I doubt he can do the same thing as before. But if that makes people interest to invest in Shiba Inu, that could make the price increase as what we saw with Dogecoin.

You should know when to get out from the crowd, so you don't lose your investment money. If you choose not to follow his tweet, you can watch the price of Shiba Inu. That will be your choice.

[YOSHIE]

What are your top picks?

1. Doge coin https://www.binance.com/en/trade/DOGE_USDT?type=spot
2. Shiba Inu  https://www.binance.com/en/trade/SHIB_USDT

This time I'm really wary of the two coins the OP mentioned, no one cares anymore what Elon does, it's up to him what he wants to do with the coins, want to be raised to the level of $ 1 or $3 whatever, what is clear I use these two coins only to bet on gambling.

Clearly my main choice is Bitcoin and Ethereum, I will wait for them to drop freely at the price I want and I will put it in a sack And I packed it up and opened it the following year.

[tsaroz]

He really have talked about naming his Shiba Inu Floki. I'am quite surprised by his move this time.
He might have bought a good number of those Shiba Inu tokens for dirt cheap and is trying to double the money in some days. He might have taken a new job of crypto manipulation in order to fund his mars project.
Till date I thought he's just being funny and speaking his mind but clearly he's trying to make a fortune out of his tweets.

[BobK71]

This time to stop buying SHIB now. The big traders are now against Elon Musk. So when he tweets about any token, the opposite picture is seen in the market. Don’t follow his tweets for lost your money. Stay safe

[danherbias07]

None. But if forced to pick, I'll choose Shiba Inu. It's fresh and chances for profit is high. Last time I checked it was at $0.00001 when every coin is being pumped. We could say it was dumped now and buying is profitable.
Elon Musk tweets has a crack already and it's beyond repair. He cannot decide clear and his followers are having a difficult time if they should go for it or will that tweet be another mistake decision. Just be careful on what you will invest with.

[KaliLinux]

This is why the market will mostly continue to behave the way it does because people are still listening to people like Elon musk for everything he says. Even though we know that people think cryptocurrencies are pump and dump but with what is going on with people like Elon, why would other investors believe that investing in crypto is not a waste of time since this market can be swayed in any direction by some Elon musk type of people if they feel like it? I believe it's time we stop listening to this guy cos he doesn't really have the good of any of the cryptocurrencies at heart like the main investors.  

[tvplus006]

...Doge is now 0.24, 70% decrease from its peak. SHIB is now 0.000007, drops nearly 85%. ..

The fall of Doge should not be considered separately from the fall of the entire cryptocurrency market. Most altcoins have lost up to 80% of their value after the BTC dump. Although we know that Musk is pumping the Doge, but we should not blame him for the fact that he is to blame for such a drop in the entire cryptocurrency market.

[covfefe_]

Shiba Inu is too cute to ignore. Though they had some price crash after Vitalik Buterin flooded the market with his coins, they have been executing a good plan to stablish Shiba Inu as a mainstream coin. The new Shiba Inu dex has passed several of audits and is coming up as one of the disruptive dex on current situation. Shiba Inu could be a good buy when the prices are low.

[isaac_clarke22]

Sheez. I thought the Musk period was over, but now it is getting brought up all over again here in crypto, let alone this forum.
Let the guy just be and invest in your own discretion. Oh... and yes, the good ol' DYOR.
One of these people would complain that the guy dumped the coins one day.

[DapanasFruit]

We must be ignoring anything coming from this man, as he is not actually not anymore helping the cryptocurrency industry. He came in and became an influential to the rise of cryptocurrency, especially in the early part of this year...and then he was one of the reasons why we are experiencing the ongoing crypto dip we have right now. Okay, I am not here to blame him or anybody else...but it is time to move on. Let Elon Musk concentrate on his non-profitable Tesla and his quest to live on Mars. Definitely, he can take Dogecoin with him into Mars, anytime.

[Jackl87]

The big player Elon Musk made post about Shiba Inu again. Should we trust him again after what he has done to the crypto world? Doge is now 0.24, 70% decrease from its peak. SHIB is now 0.000007, drops nearly 85%.

If animal coin will rise again? What are your top picks? My picks is

1. Doge coin https://www.binance.com/en/trade/DOGE_USDT?type=spot
2. Shiba Inu  https://www.binance.com/en/trade/SHIB_USDT
3. Tadp  https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xa7acafedcdf33ad7541698701e9a76b48ec62728

I think tweets of elon musk don't have an impact anymore or at least not that big of an impact as his first tweet regarding cryptos and later his tweet about dogecoin had. This is a normal process, the more often something has happened before, the more people expect it and the less surprised they are about it. I personally wouldn't invest in any of the projects you listed because i generally dislike meme-coins because they have no use-case and i think that they harm the whole crypto space and of course because of the market situation in that we are right now. I think now is the time to load up on established projects, of course only if you think that the market won't drop any lower.

[Saisher]

This time to stop buying SHIB now. The big traders are now against Elon Musk. So when he tweets about any token, the opposite picture is seen in the market. Don’t follow his tweets for lost your money. Stay safe

We have seen what happened to Dogecoin late investors, where the early investors dumped on them and now they are waiting for Elon to continue to shill Dogecoin I wonder when will this end we are doing better until Elon comes and FUD Bitcoin, many investors have lost their money because Bitcoin is doing great until these FUDS.

[otundebis]

It will definitely be tragic for those that base their buying decision on tweet by Elon or any other person for that matter.  Manipulations is in different levels and you can get con while you think you are making a logical decision.  For me personally,  meme coin is no-no!  If meme craze continue,  I will have to wait for when the market will be sane again!

[iTradeChips]

based on doge price history , maybe i am prefer to stay away from shiba. i know some whales and traders will buy and speculate on shiba due elon's tweet. but look at the price effect after he tweet, price didnt move alot and even drop again. investors now become smarter than before after alot of traders rekted in doge.

Imagine how many years die hard Dogecoin supporters have to wait to get to their millions? I mean it is good to put some of your money - ones you accept to lose anyway, to these animal meme coins. The question now is, do you have the patience to wait for these coins to increase in value? Do you think you have the patience to wait for these coins to increase in value? How many years are you willing to wait for a good price increase and be able to go to the moon? You have to think twice, or thrice before you enter to an altcoin that is considered a joke by many.

[CaVO32]

I think tweets of elon musk don't have an impact anymore or at least not that big of an impact as his first tweet regarding cryptos and later his tweet about dogecoin had. This is a normal process, the more often something has happened before, the more people expect it and the less surprised they are about it. I personally wouldn't invest in any of the projects you listed because i generally dislike meme-coins because they have no use-case and i think that they harm the whole crypto space and of course because of the market situation in that we are right now. I think now is the time to load up on established projects, of course only if you think that the market won't drop any lower.

Very risky to get into these meme coins. Though doge has use case before in gambling and as transfer purposes, it is now getting expensive to use this old alt. There are now other alts with cheap fees like TRX or XRP. Elon will tweet again and again, but you need to mind your own strategies in this market. Because if someone will follow his tweets, the risk of losing your funds is high, if you exit at the wrong time. Better look for projects that have tangible and active application in the market.