Shiba is worth the risk

[Farma]

maybe a lot of people don't like meme coin, but to own a Shiba, I also only suggest using money that people can afford to lose. to get in there with $20 to $40, doesn't seem like it's going to make us poor when we lose it.
it's just that, to do that, you really need to think that you've lost the $20 or $40 you invested. because if you think that Shiba can be like the Doge, we'll never know how long you'll need to wait. In addition, the assets you have can be very low considering that the current price of Shiba has been pumped.

[watergold]

it would be great to see him go down first because especially today I think the shiba is too high and the price is too high.
every time there is an increase there will always be a decrease and every pump there will be a dump.
I think the risk when you enter now is too big, try to be patient a little and take advantage of the momentum when the decline occurs later.

[Meta anggraini]

Its worth to try for everyone that like to gamble and push their luck, but for the one that truly believe on the cryptocurrency fundamentals, investing only on a great project usecase is the wiser decision.

[BitKongy]

The crazy part is doge coin was once in same spot  until it becomes 25cents, crypto space is a land full of surprises both the one you ready for and the ones you aren't ready for, I bought few shiba coin just in case but useful coins like solana and Polkadot are on top of my portfolio

[fuguebtc]

The market is unpredictable, in the future Shiba will probably be like Doge or never will. But should not buy at the current because the price is quite high, we should wait for the market to correct and the price will be lower than we buy. Who knows, there will be surprises.

[harizen]

What did your analysis result tell you to do after those research? If you think buying SHIB is worth the risk then you are freely welcomed to make an action. But to convince others, it's already a form of shilling. Advanced traders are playing on that coin not to hold it for long or believed in SHIB but rather they just want to take the opportunity to earn while SHIB is currently on speculative price hype.

Others speculate that Elon might pump it too, same to what he did on Doge. If that will be the case, then you should already know what will happen next.

[NicNacCoin]

Shiba Inu Looking at its price prediction, it seems that its price may come down a bit. It did a lot better. It seems a little risky to me. I also hold this Shiba Inu coin.I don't understand the price dedication so well here. I am praying for everyone's help.So if I sell my coins and then the price goes down, can I buy again? Everyone will help me I am giving the complete price chart of Shiba Inu

[livingfree]

"Invest what you afford to lose".

That's the phrase that's very needed for investing onto that coin. You'll invest what you have and you'll expect a lot of returns from it. That's what many shib holders are hoping for.

Good luck for those holders of it but I'll never invest on it.

[HashingTower]

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.

Believe me I believe the same will happen to shiba inu because Elon musk is involved again, you have no idea how much that man made from Dogecoin and my believe is rich people don't get tired of making money, oh shiba inu NFT is coming soon too, how did you see this?

[goldkingcoiner]

It amazes me how people can't see a literal pump and dump coin when they look at the chart. Shiba is basically a worse Dogecoin, which in itself is a pump and dump, from my subjective view.

Vitalik dumped the Shiba Inu that nobody thought he would dump. That just shows that even the founder of Ethereum has absolutely no respect for pump and dump coins like Shiba.

I would stay away and trade coins that have actual use and more thought behind it.

[aylabadia05]

I don't think Elon Musk will popularize Shiba like Dogecoin. Indeed $ 20-$ 40 is nothing when calculated with our daily needs, but there is another value that must be taken into account behind the figure. If you compare Shiba with Doge, it's not right for me. In terms of categories, Shiba and Doge are clearly different.
Elon Musk is a smart person in my opinion, of course he has views that I don't think are comparable to the way we analyze the future of coin.

[zasad@]

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.

Personally, I think the Doge coin pump was planned a few years ago. This coin was bought up for several years, then there was a small pump for other holders to sell their coins, and then the manipulators sold their coins to new hamsters.

https://www.coingecko.com/en/coins/dogecoin
This is the same classic pattern that successful traders did in the 18th and 19th centuries.

[gwdf1]

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 you are right in terms of this small sum of money that we can afford to lose. It is better to take this small risk than just snub these pumps and regret then. But now it is not the right time to buy I think, it is a bad idea to buy on highs, so if I eventually make a decision of buying it, I will do it later and I will judge from the crypto market in general if it is still a wise decision.

[inanilujimi]

Buying shiba 3 months ago might be effective at doing it, but not now where Shiba is pumped too high. it's better not to try your luck than to have to accept the loss. remember shitcoin is only for pump and dump. while it can be profitable don't be too greedy to get more.

[zaim7413]

Buying shiba 3 months ago might be effective at doing it, but not now where Shiba is pumped too high. it's better not to try your luck than to have to accept the loss. remember shitcoin is only for pump and dump. while it can be profitable don't be too greedy to get more.

That's very clear mate, because if it can go up very high in the near future, then Shiba could also experience a large dump in the near future, so taking advantage of his luck also has a greater risk and has a different addiction like other coins.

[flip4flop]

I caught a good part of a 300% move in SHIBA and am happy with it for the most part. Decided to just leave my original investment plus 50% in it and book the rest. No plan on doing anything with it ever unless it has some monster move in a few years. I am generally not a fan of meme coins but they have made many people life-changing money so I put in what I am comfortable basically setting on fire.

[91254vvpatel]

I thus do not accompany the meme token. But to be honest I have invested in Shiba token. He gave me a lot of information about this project when I tried to find out about Sheba. And it contained wonderful information. How does the team work, what are their plans for the future? How big COMMUNITY supports this. All this information amazed me and I have invested in it for a long time. When it comes to risk, life is risk.

[danherbias07]

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]

Not for everyone. It could be their savings that would be affected and what's more behind it is the stress it might give if suddenly all the manipulators of the said coin will dump it. That's possible and it is with every cryptocurrencies out there but this one is special.  
Some may agree to what you are proposing but I am not. I am also an early buyer of Shiba Inu that was dragged by the hype of colleagues and the social media environment. My instincts told me though to sell it while there is profit and I won't go back into buying it until I see a sharp dump happens.

[aprilnot]

it's not about losing 20-50$, this problem is much bigger than that. the price of the shiba inu is already very high and this is no ordinary FOMO situation. we as people who understand the current situation should provide understanding to those who just want to buy.the risk is worth it, but it will have a big impact when everyone who buys on ATH suffers big losses. this will not be good for the market, there will be negative sentiment especially on memecoin.

[traderethereum]

it's not about losing 20-50$, this problem is much bigger than that. the price of the shiba inu is already very high and this is no ordinary FOMO situation. we as people who understand the current situation should provide understanding to those who just want to buy.the risk is worth it, but it will have a big impact when everyone who buys on ATH suffers big losses. this will not be good for the market, there will be negative sentiment especially on memecoin.

But some people are willing to use some money such as $20-$50 to invest in Shiba, although the price already increases.
The price can back to the lowest price if the dump is coming but with what happens to bitcoin, that could not be easy to see Shiba will get dump unless someone sells a large amount of Shiba and pushes the price to go down deeper.
Those people who want to buy Shiba should wait until the price gets correction again so they do not buy at a high price.
But I do not think they want to wait for that time because they do not want to miss the chance to make a profit later.