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adzino
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January 20, 2022, 01:30:57 AM
 #41

Sure, it's not going to hurt to have like 100k SHIBA INU. It costs like few bucks I think. But don't expect to become a millionaire overnight. You would have been a multimillionaire if you invested like at the beginning of 2020, but not now. It is too late. Look at the market cap. To become a millionaire with 100k SHIBA INU means SHIB has to jump a lot and even takeover bitcoin which I doubt will ever happen. But yeah, you can hold 100k SHIB to make few hundred bucks (exaggerating over here). But don't go all in on SHIB. Not worth the risk.

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January 20, 2022, 03:57:55 AM
 #42

~
What year was that? Kind of curious. This coin never made it into my knowledge until it just got mentioned along with Musk a couple of months ago. 4M of a certain coin is something even if it was just something worth cents back then... well at least here in my country since the dollar exchange is quite high.
Bought it in May of 2021.

I just tried it for trading purposes and I never really have any idea of keeping it. Luckily, my decision was not wrong and it was a profitable one.
$60 became $120 and I am happy with it. There is no need to risk more and be stressed out at checking its price every day. Some of you may say it's foolish to sell it early but I don't even have any slight regret about it.  Wink

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January 20, 2022, 05:31:33 AM
 #43

I think it's too late to become a whale with shiba inu and don't compare shiba inu with doge coin, doge coin is a old meme coin backed by strong community and it never see any huge pump since launch, the zeros are many in 2017 and the coin was very cheap so seeing doge coin surge higher this time is not surprising, compare to shiba inu this project already surge so much just because of hype

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January 20, 2022, 08:19:15 AM
 #44

Some of you may say it's foolish to sell it early but I don't even have any slight regret about it.  Wink

It is not foolish, you had a plan and stick to the plan, not every project you will hold. The cryptocurency market has many opportunities and if you are not comfortable holding a particular project you do not, instead of it making you restless, you sell and move on to other opportunities. Most people make the mistakes of regretting selling any project they have previously invest in but sold and it is now doing so great. Such habit is not healthy as it constantly make you doubt yourself.

Investing in Shiba is more like a gambling, the project is just recently getting some utility but mainly it was built on community hype. If you are not ok putting in some money do not, not always profitable following the crowd, develop your own investing strategy and follow.

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January 20, 2022, 10:33:08 AM
 #45

I've also had that kind of experience with other coins. I used to hold a lot but got impatient and ended up selling it before it boomed. That was really regretful yet served a lesson for me. Both Shiba and Doge has a huge potential but holding these coins really needs patience especially if your target goal is good for the long run. As of now, Shiba needs more improvements and adoptions that will have a positive impact on the coin.
The kind of opportunity that came with Dogecoin and SHIB is the kind that comes once in a while. And it is something that happens when you least expect it to happen. So, let’s say that you decide to buy these coins and keep them in your wallet, how long would you be able to hold these coins ,is it going to be two years, five years, or ten years?

And what if it is something that is going to repeat again in the next 15 years, would you be able to hold for that long? So that should be the question. And another thing you also have to know is that new trends are coming out almost every year in the cryptocurrency market, and they might likely clear out this old coins or projects, just like we already have the Metaverse and NFT.

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January 20, 2022, 02:38:27 PM
 #46

For now, Shiba is one of the memecoins that are being discussed by many investors so it has the possibility to match prices such as dogekoin, although it is currently in decline but it never hurts to hold some of these coins and rest assured for the future we will get satisfactory results, In this case patience is what we have to rely on because it is the key to success in the crypto world.

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January 20, 2022, 03:12:02 PM
 #47

I would add safemoon, saitama and few others just in case, this will only take few of my time and days cos you can mine shiba inu using unminable pool, this is my target in bear market

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January 20, 2022, 03:40:48 PM
 #48

depending on people's interest in shiba coins, everything really doesn't hurt to try to hold on to the coins we have because it all depends on our own choices as we hold our emotions to keep our assets longer..
.but my advice is not to regret it if the assets we have start to show a decline because of all our own risk.

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January 20, 2022, 03:51:01 PM
 #49

Nah, thanks.
I got 4M of Shiba Inu before and I sold it after it doubled in profit. I just don't care. It's not the type where you could see value pumping up because there is just no reason behind it.
A strong project should have "why's" to be expected to gain a bull while on that memecoin it's just always because of the hype people made and the spoiled rich kids that thinks they could control its market.
on the other hand coins like this are only for a moment and to get a pretty good profit like you did with your shiba.
there's no need to rave about coin memes because that's the way things are. when indeed there is an advantage there, why do we linger and it is better to choose to leave after getting the advantage there.
I quite agree with the way you are doing because indeed with coins like this even though many people say they are strong in the community, but still in the end they will be left because coins like this are only hy

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January 20, 2022, 03:57:57 PM
 #50

100k SHIB INU is less than 3 bucks right now. If it pumps, how much your 100k SHIB be worth? 6 bucks? Or 9? Doubtfully SHIB will do more than x3 in its future. Instead of buying SHIB it will be better to spend these 3 bucks on buying bunch of other crap. It will be a more fun and faster to lose these 3 bucks on "will-this-crap-ever-go-high" roulette imho, then holding meme coin for ages, hoping it will make you rich. It will be sort of a moment lottery. You buy crappy alt. If its price dont go up next day, just buy another ticket.

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January 20, 2022, 05:57:37 PM
 #51

100k SHIB INU is less than 3 bucks right now. If it pumps, how much your 100k SHIB be worth? 6 bucks? Or 9? Doubtfully SHIB will do more than x3 in its future. Instead of buying SHIB it will be better to spend these 3 bucks on buying bunch of other crap. It will be a more fun and faster to lose these 3 bucks on "will-this-crap-ever-go-high" roulette imho, then holding meme coin for ages, hoping it will make you rich. It will be sort of a moment lottery. You buy crappy alt. If its price dont go up next day, just buy another ticket.
that's right, they will just be a pump asset and just dump it like that it won't have any impact in the long term.
on the other hand, but when we can take advantage of things like that well, of course it won't be too much of a problem, I think because indeed being in a situation like this is for a moment's advantage when we are smart in finding the right momentum and position.
on the other hand I really like the idiom you say because it's true that being in something like this would just be like a lottery but not for everyone it would be like that

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January 20, 2022, 07:08:38 PM
 #52

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
Even you are making sense, there will be no guarantee for shiba inu to follow dogecoins after some years.  It means the amount that I am investing right now into shiba inu my turn into zero over the years but if I invest that same money into bitcoin then it will definitely will grow at least 10x. That is the basic difference I am seeing right now even the money I am going to invest into shiba may not be hurting me.

Dogecoin was a first memecoin hence it became successful even after some years; this may not be true for all other memecoins including shiba inu.

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January 20, 2022, 08:22:39 PM
 #53

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
But, why shiba? I mean yes 100k shiba is nothing and I could buy it today, but with the same logic I could spend so much money on so many different things. Getting 100k shiba is like, what 3 dollars? Something like that, but there are 17k coins on CMC alone, if I buy 3 dollars worth on each of them, it becomes 50k+ dollars spent on buying 3 dollars worth of everything.

You may say "do not buy all of them, just shiba" but that makes me ask the first question, why shiba? If you want to buy something you can buy it, if you do not want to buy it then just 3 dollars doesn't change anything. To me it is a meme shitcoin, and it should be going to zero in the future, and I do not want to invest into something that I feel like going to zero.

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January 20, 2022, 09:01:26 PM
 #54

The kind of opportunity that came with Dogecoin and SHIB is the kind that comes once in a while. And it is something that happens when you least expect it to happen. So, let’s say that you decide to buy these coins and keep them in your wallet, how long would you be able to hold these coins ,is it going to be two years, five years, or ten years?

And what if it is something that is going to repeat again in the next 15 years, would you be able to hold for that long? So that should be the question. And another thing you also have to know is that new trends are coming out almost every year in the cryptocurrency market, and they might likely clear out this old coins or projects, just like we already have the Metaverse and NFT.
It may never happen again to the same coins as well. There could be some coin out there, or maybe not released yet which will make kind of profit that doge or shiba made for some people, but it may not be them exactly but some other one. I can't say if that is going to even happen to ones that we are aware, how many people missed out on the last memecoin hype? I certainly missed it and I am sure some other people missed it as well.

This is a proof that you may miss the next one as well. So we should not be looking at things that can make is insane returns but look at things that look like they have a good chance to be higher in 10 years, like bitcoin or ethereum or any other fundamentally solid coins.

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January 20, 2022, 09:47:15 PM
 #55

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
Well that is not a bad idea, it’s quite good to hold some coins that you feel are good and might increase in the future. But don’t forget that Shibainu is not the same with doge coin; doge coin might have been able to do a comeback, but is that really going to be the same with shibainu?

Another thing you have to consider is the community, Dogecoin has a bigger community than Shibainu, so if there is any of them that has a better possibility of coming back, then it's likely going to be Doge coin. But like I said it’s not bad to hold your coin that you believe would increase in the future, because anything is likely to happen, this is cryptocurrency market. So you can just buy it and keep, and if in the future there happens to be such an opportunity, then youth profit from it.

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January 20, 2022, 09:56:05 PM
 #56

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
Even you are making sense, there will be no guarantee for shiba inu to follow dogecoins after some years.  It means the amount that I am investing right now into shiba inu my turn into zero over the years but if I invest that same money into bitcoin then it will definitely will grow at least 10x. That is the basic difference I am seeing right now even the money I am going to invest into shiba may not be hurting me.

Dogecoin was a first memecoin hence it became successful even after some years; this may not be true for all other memecoins including shiba inu.
Have nothing to expect much about this coin right now. It was their hypes getting over and only another hypes could help them out or else, they just remain in their position forever.

This is how to see about investing hyped projects, they are clearly not sustainable and it only appears shortly then just fall down. It is a need for OP to decide to sell them while it was still at a good price otherwise, regrets are to be coming next. They are not hopeless projects anyway, but their future seems uncertain.

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January 20, 2022, 10:13:42 PM
 #57

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding

This is really a good analysis to invest cheap now. If dogecoin can do it is this high and dropped to the level that it is now, then another meme coin can be lucky too even more than how dogecoin has performed. It is a longtime investment so going in now is still cheap. Elon musk is building interest in dogecoin , some multi national may also have interest to deal with shiba inu because anything is possible to happen.

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January 20, 2022, 10:18:25 PM
 #58

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
Is Elon musk endorsing Shiba Inu? I don't think so, what happened to the success so far from Shiba Inu is still the same thing you promoting which is fomo (fear of missing out) on Shiba Inu, but playing the Dogecoin card, I don't think Shiba Inu would achieve the Great success Dogecoin had, and infact I don't think Dogecoin would repeat the success, meme coin to me a temporary and I don't see them as surviving for long.

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January 20, 2022, 10:30:47 PM
 #59

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
Is Elon musk endorsing Shiba Inu? I don't think so, what happened to the success so far from Shiba Inu is still the same thing you promoting which is fomo (fear of missing out) on Shiba Inu, but playing the Dogecoin card, I don't think Shiba Inu would achieve the Great success Dogecoin had, and infact I don't think Dogecoin would repeat the success, meme coin to me a temporary and I don't see them as surviving for long.
That is totally different direction they have and Doge had might have the chance to survive as it was been in the market for many years, unlike Shiba Inu. It doesn't matter who endorses them but what it matters a lot is the usefulness of the projects and it was to see that they have different purposes for their creation but this dogecoin has been proven already and many Traders are currently using this.
But yes, they are not a good investment especially when we are aiming for the long-term, they are just good at hype.



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Rainbot
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January 20, 2022, 10:46:19 PM
 #60

It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
Well that is not a bad idea, it’s quite good to hold some coins that you feel are good and might increase in the future. But don’t forget that Shibainu is not the same with doge coin; doge coin might have been able to do a comeback, but is that really going to be the same with shibainu?

Another thing you have to consider is the community, Dogecoin has a bigger community than Shibainu, so if there is any of them that has a better possibility of coming back, then it's likely going to be Doge coin. But like I said it’s not bad to hold your coin that you believe would increase in the future, because anything is likely to happen, this is cryptocurrency market. So you can just buy it and keep, and if in the future there happens to be such an opportunity, then youth profit from it.

Holding coins in the long term is indeed profitable if we choose the right coins. In my opinion, Shiba Inu is not the right coin for long-term
investment, because there is no guarantee that Shiba Inu will be like Dogecoin. After all, Dogecoin is an old coin that already has its big community,
so it makes more sense to choose Dogecoin over Shiba Inu. But if in my opinion it would be better to avoid investing in meme coins in the long term,
Dogecoin also managed to hype because of the influence of Elon Musk, not because Dogecoin is a good project. Why don't we choose coins with
strong fundamentals, which are safer for investment. Of course, everyone has their own choice. so please invest in coins that we think are good,
but we must be prepared to risk our own choices. That is the importance of doing research and analysis before making a decision, to be more sure
that our choice is the right one.

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