Buying shib right now

[BaeSuzy]

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.

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[SquallLeonhart]

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.

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.

[Viscore]

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.

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.

[xmonkeyx]

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.

[btc78]

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 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.

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.

Yes it is already done Pumping and in the next few days, Whales will dump this  while other newbies will starts buying.

[rhodelmabanal]

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 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.

[Amejoaquim]

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.

[bitterguy28]

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.

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.

[kodtycoon]

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.

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.

[Benefactor]

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.

[indah rezqi]

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.

[Sir Legend]

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.

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.

[aylabadia05]

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?

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.

[South Park]

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.

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.

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.

[bhadz]

If you want to invest with shitcoins like SHIB, you should buy when the price of the SHIB coin is experiencing a decline, because so far we often encounter many investors who only pump and dump with these coins, so there will be a risk of loss if you buy SHIB coins when the price is rising.

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.

[henmark]

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.

[Meta anggraini]

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.

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.

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.

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.

[mdgabrielzim]

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.

[South Park]

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

[Rana590]

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.