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Author Topic: Not Bitcoin or Ethereum, it's a good cryptocurrency for the short term  (Read 300 times)
Om Bens (OP)
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October 27, 2021, 08:12:39 AM
 #1

In trading Monday, October 25, 2021 at 07.37 WIB, Coinmarketcap.com recorded the Bitcoin price of US$ 61,180.04 per BTC, down 0.14% in 24 hours. Ethereum price 1.28% to US$ 4,103.72 per ETH.
But for Triv CEO Gabriel Rey, Bitcoin and Ethereum are not cryptocurrencies. In the midst of the high prices of Bitcoin and Ethereum, Gabriel said that an attractive cryptocurrency for trading or trading is Shiba Inu (SHIB) which will launch a non-fungible token (NFT).

source : https://investasi.kontan.co.id/news/bukan-bitcoin-atau-ethereum-ini-uang-kripto-yang-bagus-for-jangka- short
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October 27, 2021, 11:04:30 AM
 #2

But for Triv CEO Gabriel Rey, Bitcoin and Ethereum are not cryptocurrencies.
What? then what are they?

In the midst of the high prices of Bitcoin and Ethereum, Gabriel said that an attractive cryptocurrency for trading or trading is Shiba Inu (SHIB) which will launch a non-fungible token (NFT).
Good luck with shiba inu.

You guys are overhyping it and hopefully that there will be not that much to cry when it started to dump. As we can see, bitcoin is starting to drop and everything will also turn to shallow if the king goes down in this market.

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October 27, 2021, 01:26:50 PM
 #3

For the short-term, it may be profitable but I would not hold this coin for the long term.
It's all marketing and media, SHIB is a useless coin without technology with trillions in supply
Now I just enjoy the ride and Sell when people are greedy...
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October 27, 2021, 03:51:21 PM
 #4

I think that it is reasonable to take Bitcoin and Ethereum only for the long term as these assets are likely to grow because of their fundamental value rather than because of hype, so it is better to hold mainstream currencies, and buy shit coins or just unpopular tokens only for short-term trading. They can pump easily, but they are still risky if we are talking about long period of time.
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October 27, 2021, 05:39:56 PM
 #5

Sick people think that if they shout loudly and spread a lot of information about this useless coin, then they will succeed.
Publish this news in publics for trading degen.
Before the start of Shiba Inu (SHIB) there were hundreds of similar projects, but now only memories remain of them.

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October 27, 2021, 08:04:51 PM
 #6

-snip-
Indeed ~XD

SHIBA INU just only got the trend because of "ELON" and their product? SHIBSWAP? a lot projects already created AMM Exchange before of them not really change at all and are different only big supply + trend without any difference.

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October 28, 2021, 08:56:11 AM
 #7

As always, profit comes with risk, everyone's opinion is different, and we all have our own thoughts about this market.
I'm not a short-term participant for profit and risk, I like safety and still laugh a lot when the market is up last time and don't spend that smile on shiba Smiley .
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October 28, 2021, 09:41:18 AM
 #8

You should not follow what he says because bitcoin and ethereum are still the best coins in the cryptocurrency and I think he can be free to say that because maybe he thinks that Shiba will increase in the long term.
Whether that will happen or not, you should research for more, but bitcoin and ethereum will be good for long-term investment while Shiba can be good for a short-term investment.
That will be up to you to follow him and not invest in bitcoin or ethereum because we do not have to force you to believe what we say.
As long as you can search for more data, you will know which will be profitable in the long term.

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October 28, 2021, 09:50:38 AM
 #9

For sure, the volatility will be significantly higher for smaller marketcap coins. But the risk is also increasing if you "bet" on such coins. Yes, it can give you 10x faster than BTC/ETH, but you can get busted really quick too. Just want to remind you to only bet money that you can afford to lose, and put stop loss to minimize your losses.

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October 28, 2021, 10:35:06 AM
 #10

I don't know if it is just me that I felt it but just when I click this thread, the first coin that went into my mind is SHIB and it really is.
Because of its hype that it has as of this moment, many are happy and many are hyping it again. Many are expecting for this shitcoin to go even higher.

Investor only sees the profit and not the risk. Investors only see the positive side and not the negative side. Many might get profits from SHIB short term but there will be more losers than gainers with SHIB for sure. Investing on SHIB is extremely risky right now. A memecoin, a shitcoin, a coin which has no use case, no benefits at all. If you will invest into SHIB right now, good luck and I hope that you will be ok after losing all  your money that you invested on that shitcoin.

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October 28, 2021, 10:41:06 AM
 #11

It doesn't make sense just to promote the shiba inu. We all know that cryptocurrency is bitcoin.  It was like a joke in the eyes of the cryptocurrency community. However, it's great for us to get into the shiba inu.

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October 28, 2021, 11:58:15 AM
 #12

Shib Inu: Best way to loose your bank balance, home, car, and then finally your wife too. Lolz.

Shiba is just another coin with temporary hype. Yes, it is getting pumped pretty nicely however thats not how it works in the crypto world for the coins which are serious. Shiba Inu emits in trillions numbers man, even Elon would not dare to put his wealth in this coin because it's dangerous ratio to your investment and profits that you get.

I completely agree that there is high chance it will reach may be 10 cents in near future, but it will drain your balance so many times in between because it won't reach that high immediately.

Launching new products doe not guarantee the price hike. It needs to be invested in the first place.
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October 28, 2021, 12:06:38 PM
 #13

Lol, who said that Bitcoin or Ethereum is for short term investment?

That's argument alone is very wrong in the beginning. As far as Shiba goes, yes it's volume is now even greater than ETH, but look at how the wallet is distributed, there's even one bagholder who's worth billion right now because of the huge pump on the price.

And don't blindly trust anyone making such predictions, as the saying goes, do your own research. So that you will learn and not going to blame anyone if you lose your money.
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October 28, 2021, 12:32:36 PM
 #14

Well, if you have money to spare and are confident enough with your trading skills then go ahead and trade shiba. You can take advantage of the hype and volatility of this coin if you know your stuff. Although I am not completely against it since I also madeoney by trading it, it's just too risky for me. In fact, I only use 1% up to 5% of my trading fund to trade shiba Inu. The gains are real but the risk is also real. As long as you know what you are doing, then by all means, take advantage of the situation. Just don't overuse your leverage.
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October 28, 2021, 10:26:16 PM
 #15

People who say "bitcoin and ethereum are not the real deal, shiba is the main money maker" type of stuff have zero clue about what cryptocurrencies are. Anyone who thinks that shiba is the future and they will make money from it should not be listened in the future neither, not just about this but anything they say. Write down the name Gabriel Rey aside, and whenever you see that name, if he says something then do the opposite and you have a better chance to profit.

Yes, there was a hype on shiba and it reached new ATH and you might have made some profit from it. However realize that ALL the coins that got hyped ended up dropping significantly, look at stuff like EOS and so forth, you will realize that they were not doing that bad, they were good like Shiba and Doge is right now, and in the end they all got low. Same will happen to shiba, 100% no doubt.

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October 28, 2021, 10:31:37 PM
 #16

In trading Monday, October 25, 2021 at 07.37 WIB, Coinmarketcap.com recorded the Bitcoin price of US$ 61,180.04 per BTC, down 0.14% in 24 hours. Ethereum price 1.28% to US$ 4,103.72 per ETH.
But for Triv CEO Gabriel Rey, Bitcoin and Ethereum are not cryptocurrencies. In the midst of the high prices of Bitcoin and Ethereum, Gabriel said that an attractive cryptocurrency for trading or trading is Shiba Inu (SHIB) which will launch a non-fungible token (NFT).

source : https://investasi.kontan.co.id/news/bukan-bitcoin-atau-ethereum-ini-uang-kripto-yang-bagus-for-jangka- short
I don't think Shib Inu is one of the long-term investment alternatives to BTC, because it can only be a short-term investment and the price will explode at any moment, the Shib Inu meme is like a hype fever and I think if it doesn't have a strong technology and investors invest in this coin in the future it will surely collapse maybe now it is profitable, hope you are benefited a lot from it. But I personally prefer to invest in BTC or BNB so I only hold a handful of Shiba coins.
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October 28, 2021, 10:41:28 PM
 #17

Shiba Inu (SHIB) is exactly one of the hype tokens.
But it doesn't mean making other coins especially Bitcoin and Ethereum not that kind of great cryptocurrencies.
We know how Shib is rising up.
This is hype enough, good for the short term only, but or long term? I don't think so.
If you're a holder, Bitcoin and Ethereum still become the best cryptocurrencies.
Ethereum and Bitcoin have been proven as the best crypto with their great value, market cap, and also trust. We know their progress so far, we know how their development in the market, We know how they can really survive during the bearish market and can rise up until now multiple times much higher than Shib.

You guys are overhyping it and hopefully that there will be not that much to cry when it started to dump. As we can see, bitcoin is starting to drop and everything will also turn to shallow if the king goes down in this market.
Yes, exactly, like what happened to Dogecoin at that time.
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October 28, 2021, 10:51:40 PM
 #18

There are many good coins to invest short time from Bitcoin and Ethereum.Bitcoin and Ethereum are best for short time but you can't get big from there.But there are some coins that are a few at a time if you are lucky enough to buy them, you can get a lot of profit.At present Shiba Inu has given a lot of profit to the people. Those who bought and invested in this service today have become the owners of a lot of profits.

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jaberwock
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October 29, 2021, 10:18:26 AM
 #19

In trading Monday, October 25, 2021 at 07.37 WIB, Coinmarketcap.com recorded the Bitcoin price of US$ 61,180.04 per BTC, down 0.14% in 24 hours. Ethereum price 1.28% to US$ 4,103.72 per ETH.
But for Triv CEO Gabriel Rey, Bitcoin and Ethereum are not cryptocurrencies. In the midst of the high prices of Bitcoin and Ethereum, Gabriel said that an attractive cryptocurrency for trading or trading is Shiba Inu (SHIB) which will launch a non-fungible token (NFT).
I am sorry to ask, but if you Bitcoin and Ethereum are not cryptocurrencies, then what are they?

I do not know why some people would just come out and making some really dumb comment, he should have simply said that he prefers SHIB than making comments that doesn’t really make any sense.

Who said that bitcoin isn’t worth investing in for long term? Bitcoin has been the choice of many people when it comes to long term investment, and that’s the same thing with Ethereum, a lot of people prefer ETH over every other altcoins in the market, not to even talk of meme coins that are practically a joke.

Lantind
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November 04, 2021, 06:14:49 AM
 #20

There are many good coins to invest short time from Bitcoin and Ethereum.Bitcoin and Ethereum are best for short time but you can't get big from there.But there are some coins that are a few at a time if you are lucky enough to buy them, you can get a lot of profit.At present Shiba Inu has given a lot of profit to the people. Those who bought and invested in this service today have become the owners of a lot of profits.
And currently the Shiba Inu is also experiencing a decline in price as well as in ratings, so pumping on the Shiba Inu is a temporary thing and if one forgets to take a look it won't be bad for him either because Bitcoin and Ethereum are still things. very good to see even though everyone won't be big on both coins right away, but in general Bitcoin and Ethereum will never be bad to pick.
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