bitbollo
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October 12, 2021, 09:17:56 PM |
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https://www.tradingview.com/chart/SHIBUSDT/T13qeMsL-SHIB-is-repeating-DOGE-history/https://cointelegraph.com/news/much-ow-ahead-dogecoin-chart-fractal-puts-shiba-inu-s-390-qtd-rally-in-dangerwhy people should invest money in overpriced meme coins? Dogecoin was something useful some years ago (because it was a cheap/fast way to move funds between exchange and not paying expensive fees in btc) There is so much attention on meme coins. Probably this is related to good commissions of broker and exchange? This seems to me a trick to avoid people to learn really what a crypto currency and to invest in real project. When the hype is over, what will remains of these coins?
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bhooscream
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October 12, 2021, 11:55:02 PM |
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I recommend doing so only if you do not feel sorry for your money. Because it's a lottery, no more. But there are people who will win it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Do you suggest me to waste my money on SHIB? Sorry, I am not interested to waste my money, there are too many coins that more deserve to buy and hold. We are almost reaching November and December, probably the time of possible new ATH of many crypto coins. If I have money, I prefer to buy Bitcoin and top altcoins. Those doggy coins are probably to drops their values once the Bitcoin price increases rapidly.
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Alf_m.h
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October 13, 2021, 12:02:23 AM |
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And they probably won’t be around in the next 10 years.
you believe the shiba inu will disappear in 10 years? i'm not sure if that happens they will stay there you see the doge's journey which is considered worthless is now taken into account, shiba may not be able to compete with the doge but they will stay there as long as the doge is still active.
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lienfaye
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October 13, 2021, 02:07:58 AM |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
You're right, and because of that reasons, do you think its still wise decision to invest in these coins for long term? Its more risky compared to well-established coins. Though its true that meme coins can give us huge return if they pump, but still too risky to invest in. Just only invest what you can afford to lose if you want yo hold shiba or doge since we are not certain if they will continue to exist and wont be left behind by other trend.
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Luqman
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October 13, 2021, 02:47:45 AM |
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Just only invest what you can afford to lose if you want yo hold shiba or doge since we are not certain if they will continue to exist and wont be left behind by other trend.
Correct. Just use small funds or the amount of money that we don't mind losing. The biggest fear in meme coins is that they have an unclear future, probably just increase at the hype only. The developers and whales who have big numbers of Doge/SHIB can exit or sell all their coins at any time. At that time, it possibly will be the beginning of a big decrease in that Doge/SHIB. While top coins like BTC or ETH, the whales won't leave these coins since they are the biggest and most trusted coins in crypto world.
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airdata
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October 13, 2021, 01:15:42 PM |
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If I have money, I prefer to buy Bitcoin and top altcoins. Those doggy coins are probably to drops their values once the Bitcoin price increases rapidly.
Bitcoin and others altcoin investment is very safety than shitcoin investment, we know that both project is meme project but it is true that from Shiba Inu coin maximum buyer earn good profit and also shib created a big hype in crypto market also i heard that Tesla will accept Shiba.
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Semar Mesem
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October 13, 2021, 01:25:51 PM |
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I'm a short term investor so I'm always interested in investing in trending coins, I think DOGE is already difficult to compete with new meme coins because they are too passive, SHIBA Inu is a coin with a good reputation and this is what made Elon Musk invest in SHIBA Inu.
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Ngewex Yuk
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October 13, 2021, 03:22:12 PM |
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Agree that currently Shiba inu is better than DOGE. for me as long as the Shiba Inu coin promises to be worth investing in, I'm sure there are still many big surprises that we get from Shiba Inu, and this is a coin that has the opportunity to reach 100x profit or more.
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TIME TO SLEEP
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susuberuang
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October 13, 2021, 03:34:54 PM |
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you believe the shiba inu will disappear in 10 years? i'm not sure if that happens they will stay there you see the doge's journey which is considered worthless is now taken into account, shiba may not be able to compete with the doge but they will stay there as long as the doge is still active.
Dogecoin and Shiba Inu are not in one direction even though both are memecoins that already exist in cryptocurrency, and for future predictions and the age of the Shiba Inu it also really depends on the performance of the team in terms of caring and maintaining it very well, because the team Dogecoin and Team Shiba Inu are different.
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Azar138
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October 14, 2021, 03:44:03 AM |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best. I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
I absolutely agree with you that meme coins will die out as soon as their hype is over.I used to think that people forgot about them even in summer, but after latter-day tweet from Elon Musk, I saw that people are still subjected to their influence. It is not a long-term investment, just a speculative instrument that will depend on your fortune rather than any analysis.
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ZAINmalik75
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October 14, 2021, 05:05:36 PM |
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No its not right that shib is better than DogeCoin . I am in the favor of DogeCoin because he has his own blockchain and the other thing about doge is that many big investor select doge for huge profit .Ethereum owner vitalik has report that doge is one of the best investment In his life because it give me huge profit. One of the world wealthy man elon must also support doge. While on the other side shib hasn't their own blockchain and hasn't great concept they work on a concept that we are ethereum killer .a token which work on ethereum block chain has aim that we will kill ethereum its like a joke. So that the reason I choose doge
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Cadaver20
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October 14, 2021, 05:18:07 PM |
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There is no doubt that the Shiba Inu is a better coin than DOGE Coin, I heard the news that Shiba was bought by a world millionaire with a transaction value of more than $250 million in a day so that Shiba Inu skyrocketed and is now ranked 18th.
The growth rate of Shiba Inu Coin is much higher than that of DogeCoin. Shiba Inu is now ranked 12th and Dogecoin ranked 10th. I think Shiba Inu will surpass Dogecoin very soon. So if anyone wants to invest in these two, I think SHIB would be the right choice.
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so98nn
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October 14, 2021, 05:29:08 PM |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best. I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
Well you talking about the DOGE which is already celebrating a decade of life and also had break through in the prices after Elon played some games with it. This has actually brought some serious investors over the time out of curiosity or out of the good timing of everything. Now just look at it, whenever the bitcoin market is making good bullish moves, DOGE also follows just like those projects which are pre existing and working with higher pace than DOGE plus utilities function. I think its worth noticing that it will exist for very long time no matter what. I am not sure about the Shiba Inu, its serious joke to the community. One can buy million of coins with few bucks. Thats insane.
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bhooscream
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October 14, 2021, 10:45:44 PM |
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So if anyone wants to invest in these two, I think SHIB would be the right choice.
But always remember to not invest in a long time, just hold meme coins for a short time. We don't know what will happen to SHIB in the future, it can have no value if no one supports it anymore. SHIB can be a better option than Doge, but these two coins are not recommended coins to invest in. We must be aware that investing in meme coins is a very high risk, much higher than investing in any other kind of crypto coin.
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Ziskinberg
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October 14, 2021, 10:57:55 PM |
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There is no doubt that the Shiba Inu is a better coin than DOGE Coin, I heard the news that Shiba was bought by a world millionaire with a transaction value of more than $250 million in a day so that Shiba Inu skyrocketed and is now ranked 18th.
The growth rate of Shiba Inu Coin is much higher than that of DogeCoin. Shiba Inu is now ranked 12th and Dogecoin ranked 10th. I think Shiba Inu will surpass Dogecoin very soon. So if anyone wants to invest in these two, I think SHIB would be the right choice. With that kind of basis, we can tell that the SHIB coin is improving and tells something but this couldn't assure that it will stay long like that momentum, the same thing happen to Doge as the hypes getting over never heard much about Doge again. I'm not sure if the SHIB coin is a good investment for the long term, may the short-term can do but, of course, the risk is very high. Well, we know how meme coins make a play on the market, they are not reliable when it comes to investment but might be possible that this SHIB Inu project to change those insights.
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kotajikikox
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October 15, 2021, 04:08:00 AM |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best. I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
Not because the price is growing high meaning this is a good investment , but asking about this against Dogecoin? lol both are shitcoin so why need to choose when you can invest on both and also be aware that this can dumped any time soon. if i were you? try to distance from this coin now or you will be going together when the fall happens.
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cryp24x
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October 15, 2021, 06:34:23 AM |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best. I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
If comparison between Shiba Inu and Dogecoin, of course, SHIB is much more better to hold in the long term and have a chance to give a nice profit in the future. Because, there are a lot of feature of SHIB have now in which Dogecoin don't have, due to some of the merchant as far as I know they accepted SHIB as mode of payment now in Alibaba if I am not mistaken, and there are other merchants as well doing this in the other country.
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matchi2011
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October 15, 2021, 06:58:18 AM |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best. I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
If comparison between Shiba Inu and Dogecoin, of course, SHIB is much more better to hold in the long term and have a chance to give a nice profit in the future. Because, there are a lot of feature of SHIB have now in which Dogecoin don't have, due to some of the merchant as far as I know they accepted SHIB as mode of payment now in Alibaba if I am not mistaken, and there are other merchants as well doing this in the other country. Those desperate people who lose a lot from Doge will again take their chance moving to Shiba in hope that they will be able to generate good profits in recovering amounts of money that they've lost from Doge hypes, the idea of Shiba for the long term is not bad since there are still lots of hypes coming from this coin, while with Doge after Musk, there are no more huge hypes that take place. If you are willing to take your chance, Shiba still cheap even it's already jumped a lot, if you are into risky investment best to choose the one that still has wide potential to increase.
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aprilnot
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October 15, 2021, 08:25:18 AM |
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Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best. I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
what you said is not wrong. but please note that when a coin has a very large marketcap, it will not suddenly disappear. so even if the meme coin has no real use, but the doge and shiba inu will last even after 10 years. but the problem is their price will be different compared to when the hype. so this is not an unprofitable investment at all. if we can know when the coinmeme hype fades, we can profit from this investment. So just enjoy the current atmosphere and don't worry too much about what will happen in the future.
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Luqman
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October 15, 2021, 11:24:59 PM |
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due to some of the merchant as far as I know they accepted SHIB as mode of payment now in Alibaba if I am not mistaken, and there are other merchants as well doing this in the other country.
Where do you get this information? I still don't believe it if SHIB meme coin can be a payment tool. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) I think it is a very speculative decision to let a meme coin like SHIB be a payment tool. Even if SHIB is already famous and be one of the top coins, it doesn't have clear future with the status of a meme coin. I am not sure if those merchants to allow SHIB as the payment tool for a long time. I suspect they will announce to disable it in the near future.
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