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Author Topic: Buying shib right now  (Read 897 times)
dastardleek
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October 08, 2021, 12:01:28 PM
 #21

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...
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October 08, 2021, 12:34:15 PM
Last edit: December 16, 2023, 07:11:18 PM by Fivestar4everMVP
 #22

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?
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.

 


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October 08, 2021, 02:25:39 PM
 #23

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?
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

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October 08, 2021, 02:39:51 PM
 #24

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.
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.
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October 08, 2021, 03:42:58 PM
 #25

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 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.

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 Grin

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October 08, 2021, 05:48:14 PM
 #26

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?
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.

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October 08, 2021, 06:34:32 PM
 #27

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?
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.

 

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.

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October 08, 2021, 07:44:26 PM
 #28

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?
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.
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October 08, 2021, 08:34:23 PM
 #29

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?

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.
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.

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October 08, 2021, 09:15:34 PM
 #30

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?

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.

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October 08, 2021, 10:03:46 PM
 #31

~
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.
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.
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October 08, 2021, 10:22:31 PM
 #32

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.
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October 08, 2021, 10:24:38 PM
 #33

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?
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.

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andriarto
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October 09, 2021, 01:48:49 AM
 #34

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?
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

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JeWay
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October 09, 2021, 04:13:02 AM
 #35

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.
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.
djgtr
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October 09, 2021, 04:49:24 AM
 #36

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?
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.
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October 09, 2021, 06:13:57 AM
 #37

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?
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.

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

kiddex (OP)
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October 09, 2021, 06:31:46 AM
 #38

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.
DonFacundo
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October 09, 2021, 06:51:52 AM
 #39

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.

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October 09, 2021, 07:04:56 AM
 #40

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.

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