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Author Topic: Shiba is worth the risk  (Read 501 times)
TimeTeller
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October 21, 2021, 11:48:07 PM
 #81

I am gambling with Shiba, Doge and similar tokens from time to time, without expecting anything. That's very risky and I don't call this investing. But this is fun and sometimes you can make x5 easily - why not?

If you are not expecting anything, why not? It is like you are just gambling here what you can afford to lose.
But for some who are using their lifetime's savings just to buy these hyped coins, better think not only twice but many times.
I am not against people who are into these coins, but hopefully, they know what they are getting into.
With uncertain future of meme tokens, you have no assurance if your initial investments can ever get back.
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October 22, 2021, 08:31:09 PM
Last edit: October 25, 2021, 09:53:11 PM by seleme
 #82

^^Exactly, with an uncertain future, it will be under a question what will be the price after few years. For meme coins, there are tons of alternatives you can make your choice and invest in one project that can be a potential gold.  Shiba ecosystem still needs minor improvements, especially transaction fees are insane nowadays. Using Shiba for gambling suits its existence more, it doesn't make difference with another meme coin tbh. Do your small research and find which altcoins are worth putting your money in.

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Marble777
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October 22, 2021, 08:41:29 PM
 #83

your suggestion is not that bad but the question is? are you sure to offer investment in shiba when it has reached its peak? maybe it's good to buy when in March - May it's a good chance because it's very cheap. while the current price of SHIBA has gone up thousands of %, if you buy at a high price then the profit ratio is very small and the risk of loss is greater. but all decision depends on you.

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