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Author Topic: Shiba is worth the risk  (Read 455 times)
HashingTower (OP)
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October 14, 2021, 09:32:12 AM
 #1

Many hesitated to buy Dogecoin all in the name of ( it's meme coin ) and today Dogecoin is 0.25$, something we believe to be impossible in 2017-2019, I was once a 1million + doge coin owner until I sold too early, yea I know Elon musk pumped the coin but think about what a million doge coin would have turned your lives into right now if you bought at 0.00+++, my advice is a million shiba inu won't cost you more than 20-40$ as we speak, that's kind of money everyone can afford to lose, if altcoin season is going to be like 2017ish period this shit coin can surge up to the impossible level

I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes

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October 14, 2021, 09:47:09 AM
 #2


Perhaps this shitcoin could have been bought when it was worth $ 0.00001. You are now offering to buy it at a high price.
Every day the price of some shitcoins increases several times and falls, you will not be able to earn on all price increases.
Therefore, sometimes it is better not to make money than to lose money when investing in shitcoin.

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cryptoaddictchie
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October 14, 2021, 10:28:59 AM
 #3

I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes
So your suggesting to us to buy shiba now cause this 20 to 40 could also be worth soemthing isnt it? Is this some kind of shilling. Cause honestly everyone knows trading here that its mcap cant be boosted that much more than those top coins ahead than shib. Come on, a shitcoin would beat something like bnb or ada, maybe if its purely manipulated. If ever it did reach those then Im sure its surely a manipulations.

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October 14, 2021, 10:30:19 AM
 #4

actually the OP is right but it's better to wait at a relatively cheaper price like zasad@ said 0.00001 ,the shiba will later go drop to that level because it is clear that the support can't hold this coin for too long above 0.00003 ,overly early to equate doge with shiba different chain yeah even though it looks the same doge and shiba are pets Cheesy

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October 14, 2021, 10:34:09 AM
 #5

I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes[/b]
Shiba already pushed so hard, how much money that owned by elon to push this? Did you expect shiba to go to the 1000 trillion market cap? The fact that your advice can be considered as financial advice. People can make some bucks through investing their small money in small-cap coin and is not it better rather than bet into the multi-billion meme tokens? I think that this totally makes sense if people will not take shiba into consideration to be long-term investment.
If people are investing $20 - $40 bucks into the right coin that is still having low cap market capitalization and they can earn 10x easily. That can also become the next shiba.  Cheesy
You're putting very big expectations on the shiba and you forget if elon may have wasted his money in doge coin as well. I know that shiba supporters will have the same expectation like you too.

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October 14, 2021, 11:18:44 AM
 #6

Personally, I believe that buying a Shiba coin may not give the desired result. Because just once, you don't need to buy Doge Coin and make a profit. I think that history does not repeat itself and by buying Sheba you can lose money. I realized for myself that you need to buy coins that are more or less held on the market. And waiting for a long time until the coin grows in price is just a waste of time and the loss of a good return on investment in profitable coins.
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October 14, 2021, 12:08:11 PM
 #7

Many hesitated to buy Dogecoin all in the name of ( it's meme coin ) and today Dogecoin is 0.25$, something we believe to be impossible in 2017-2019, I was once a 1million + doge coin owner until I sold too early, yea I know Elon musk pumped the coin but think about what a million doge coin would have turned your lives into right now if you bought at 0.00+++, my advice is a million shiba inu won't cost you more than 20-40$ as we speak, that's kind of money everyone can afford to lose, if altcoin season is going to be like 2017ish period this shit coin can surge up to the impossible level

I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes
Everyone knows trading here that its value cannot go higher than the top coins in sight. SHIB's market cap is already so high that you need to dig deeper into the matter. it's not at the value of 0.0000 buyable and xxx many times later that we have to look and cap the market, imagine if SHIB is at the current price of $0.2 Doge then according to you SHIB Will market capitalization surpass BTC? .This is very unlikely with a coin with a large total supply of billions like SHIB.

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October 14, 2021, 01:02:04 PM
 #8

Spending $20-$40 to gamble with Shiba will not be a problem but you should have a big patient wait for the price to increase and reach your target price. I do not mind trying that as using $40 will be enough to hold Shiba and besides that, some personal wallets can store Shiba as well.

But buying at this time is not good as the price already increases so maybe we need to wait until the price is getting the correction. Who knows, the price can drop too deep so that will be our best time to buy in a large amount.



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October 14, 2021, 01:29:53 PM
 #9

I think this is wrong on so many levels. Not even the "purpose" of meme coin. Why should I bother to find hope in the price value of shitcoins from a figure like Elon. The coin has none of the utilities that it only relies upon based PnD and it was also created by mimicking Doge. Even if someone shilling it, how much is the possibility? I'm sure it's very unlikely, that it is indeed not even worth a cent, noting the risk about it.
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October 14, 2021, 01:35:57 PM
 #10

Are you just comparing Shiba to Dogecoin? It's happened to me before. Nevertheless, I consider $20-$40 spent on memecoins and hypecoins to be a pretty good deal. Just like Doge, Shiba will have its day. Be patient and you will be rewarded for it. I dare you to buy Shiba at its peak. However, I support diversifying and adding other ventures to your portfolios as well. Everyone makes their own decisions. Not everybody is on time. In alts, there are more chances to make money.
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October 14, 2021, 01:41:21 PM
 #11


Perhaps this shitcoin could have been bought when it was worth $ 0.00001. You are now offering to buy it at a high price.
Every day the price of some shitcoins increases several times and falls, you will not be able to earn on all price increases.
Therefore, sometimes it is better not to make money than to lose money when investing in shitcoin.

Maybe it's just me but that chart has potential. Like ton of potential. Don't get me wrong i have disliked this project from the start but sometimes fundamentals don't matter. When project has enough shillers, enough coders, graphic designers and pr people behind it, it starts to have its own life. And this has definitely more potential then doge at the moment. It has a same feeling as Doge had in the start until it became highly toxic community imho.

I am still not putting any money into this. And i feel i am making a huge mistake, but i don't like gambling with coins/tokens without decent fundamentals.

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October 14, 2021, 01:53:01 PM
 #12

Many hesitated to buy Dogecoin all in the name of ( it's meme coin ) and today Dogecoin is 0.25$, something we believe to be impossible in 2017-2019, I was once a 1million + doge coin owner until I sold too early, yea I know Elon musk pumped the coin but think about what a million doge coin would have turned your lives into right now if you bought at 0.00+++, my advice is a million shiba inu won't cost you more than 20-40$ as we speak, that's kind of money everyone can afford to lose, if altcoin season is going to be like 2017ish period this shit coin can surge up to the impossible level

I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes
I will not say your words are wrong. It can be done but my advice is not to invest more than maximum $50 even If you have a hobby of buying shib coins. There are a lot of people in the crypto industry. If everyone invests more than $20 in shib coins, it will have a huge impact on its marketcap and take it to a higher level. But since it is a meme coin, it is better not to lean towards on it.

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October 14, 2021, 03:00:06 PM
 #13

The market always has up and down cycles. Shiba prices don't always go up, we definitely find a point of decline, whether it's 1% or whatever target we want to get at the time of entry. So back to the initial concept, buy when you have a discount, don't let your emotions just don't want to miss the pump and then forget the most basic concept in buying.

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October 14, 2021, 03:33:35 PM
 #14

Many hesitated to buy Dogecoin all in the name of ( it's meme coin ) and today Dogecoin is 0.25$, something we believe to be impossible in 2017-2019, I was once a 1million + doge coin owner until I sold too early, yea I know Elon musk pumped the coin but think about what a million doge coin would have turned your lives into right now if you bought at 0.00+++, my advice is a million shiba inu won't cost you more than 20-40$ as we speak, that's kind of money everyone can afford to lose, if altcoin season is going to be like 2017ish period this shit coin can surge up to the impossible level

I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes

I too have same experience with Doge but only on thousands. I too sold very earlier and regretted later. Yes I ll not miss the opportunity to pile up as much as Sibha Coins. Started to invest and have few lacs of coins and wish to grow it up.by investing minimum 50$ a month. Hope Shiba will certainly have 50% growth in few months atleast.

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October 14, 2021, 03:52:44 PM
 #15

Too risky to enter now to a meme coin, why not bought when it dips 2 months ago? Dont fall into FOMO you might end up buying at the top and selling at the bottom, but if you are for long term holding and you believe in memes then you can buy now and HODL, who knows this meme will follow Doge in 2-3 years. 

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October 14, 2021, 04:03:59 PM
 #16

I have a thousand $DOGE and sold it around 0.65$ each which I bought last 2018 dump and forgot on my Bittrex account since it's already small amount before Elon Musk pump it. I get the point of this thread and somehow I do relate the main thoughts since I experience it to $DOGE while risking a very small amount but this doesn't mean that this same scenario will happened to $SHIB since they are both a meme coin. Holding a few doesn't hurt anyone especially if you are doing this for gambling trade. We can't determine if Shiba is worth the risk unless it proves itself in the future. I'm always against meme coin in technical and fundamental aspect but holding few it is not a bad idea IMHO.

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October 14, 2021, 04:36:06 PM
 #17


I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes
I know that money is not going to take your life and probably for the most part $20-$40 is not worth it. but for a person in small trading like me money is very important whatever the amount.
other than that you suggest to buy shiba at a price that is too high now. do you want to mislead others or are you stuck with buying at a high enough price Smiley
I don't know why you told me to buy this meme coin for what but now is not a good time

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October 14, 2021, 04:47:02 PM
 #18

Leaving money to something that didnt have any purpose and a strong point, then hoping great return from that activity is forbidden in my religion.
Its a confirmed gamble and pushing luck too hard. Its better to invest on strong project, 2x or 3x is enough if its done repeatly.

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October 14, 2021, 04:59:42 PM
 #19

I have a thousand $DOGE and sold it around 0.65$ each which I bought last 2018 dump and forgot on my Bittrex account since it's already small amount before Elon Musk pump it. I get the point of this thread and somehow I do relate the main thoughts since I experience it to $DOGE while risking a very small amount but this doesn't mean that this same scenario will happened to $SHIB since they are both a meme coin. Holding a few doesn't hurt anyone especially if you are doing this for gambling trade. We can't determine if Shiba is worth the risk unless it proves itself in the future. I'm always against meme coin in technical and fundamental aspect but holding few it is not a bad idea IMHO.
I agree with you so we should treat investment into meme coins as good as gambling. Do it at your own risk and with a small amount of money. If it works out there good for you but if it isn't then no harm is done since your money should be seen as lost when gambling. Just simply have the right attitude to something like meme coins.
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October 14, 2021, 05:02:47 PM
 #20

Many hesitated to buy Dogecoin all in the name of ( it's meme coin ) and today Dogecoin is 0.25$, something we believe to be impossible in 2017-2019, I was once a 1million + doge coin owner until I sold too early, yea I know Elon musk pumped the coin but think about what a million doge coin would have turned your lives into right now if you bought at 0.00+++, my advice is a million shiba inu won't cost you more than 20-40$ as we speak, that's kind of money everyone can afford to lose, if altcoin season is going to be like 2017ish period this shit coin can surge up to the impossible level

I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes

I think no more 10x-100x for shiba because it's already have super high marketcap and if it will do another 100x or more it will surpass the tether marketcap lol.
So if wanna do a speculate trade, make it go to new projects like shiba and hoping elon pump it. Shiba hype is still here but the price won't make another multiple growth anymore. It's okay to hold it for less than a month, maybe there will be still a price increase
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