It won't hurt

[Kasabus]

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.

Hodling a lot of Shiba Inu is like putting yourself into gambling. Although it was profitable when the market was still in a good position, but since the market has dump, meme coins like Dogecoin or Shiba Inu has always stay in their low value.  If you are really aiming for a huge profits in the future, do not compromise your investments into meme coins, invest on what you think will dominate the market when the bulls are back. Stick to bitcoin and established altcoins as they will never become out of trend.

[milewilda]

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.

Hodling a lot of Shiba Inu is like putting yourself into gambling. Although it was profitable when the market was still in a good position, but since the market has dump, meme coins like Dogecoin or Shiba Inu has always stay in their low value.  If you are really aiming for a huge profits in the future, do not compromise your investments into meme coins, invest on what you think will dominate the market when the bulls are back. Stick to bitcoin and established altcoins as they will never become out of trend.

Just let them be since its their money then its their actions and decision to make since they are really looking after some huge returns on short time as possible thats why they do really
aim or target on something which does have low value and then made out some significant profits if there would be some rise.We could say that those meme coins are trash but
once the market or community do recognized its existence and made out some sort of hype and interest then this is where value been mainly affected and
this is where people do hope for.

[Sanitough]

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.

The fact that they are just good when there is hype, so investing in them for long term will still be unprofitable. Although it won't hurt if you have gained a lot of Shiba Inu in your portfolio, but it will definitely be a huge loss if one day they will end up undervalued or worst no value at all. Maybe hold just a little amount so you won't be depressed seeing their prices depreciating. Shiba Inu was profitable last year, but things will be a lot different this year so just manage the risk.

[Oasisman]

A 1 million shiba inu costs just 28$ so I accept this advice whole heartedly, shiba is meme coin but anything is possible, no one ever thought that doge coin can be this big today so it's worth the adventure

Well, that's a good calculations, you can even do it like 10m Shib still it doesn't really hurt your pocket that much. However, that all depends on your risk appetite. Because even If you have the interest in a meme coin, but you're doubtful of whether these meme coins will give you worthy profit or it'll possibly take away your money.

If you're here in crypto space long enough then I can say you must've been built trust for some meme coins like Doge.

[chaser15]

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

If that's how you looked at these meme coins then there is nothing wrong with it. Trust what you believe is right.

I also have some Shiba and Doge but do not consider them as a coin with a good future. It's just that, we can make a profit out of it by regular trading since their daily volume is far better than those coins with good fundamentals.

Good luck to you. Don't just hold those is my only advice to you.

[TelolettOm]

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

Hurt or not will depend on who the holder.
If someone with high interest in Shiba Inu, they will never feel hurt because maybe they have something trust, high trust in Shiba Inu and also other types of similar coins.
But for someone who is just investing in Shiba Inu because of hype, they will always be hurt every time seeing the price keeps dropping.

That is the nature of people who are investing in Shiba Inu without any belief and also only follow the hype enough,moreover use not free money.

[letyouearn]

Shiba and Doge are the coins that have no fundamental value and thus no fair bottom price. Then can literally fall to zero and you will lose everything. So, I prefer to enter such projects in the beginning only - and spend not more than 100 USD for this.

[Alanaz]

Shiba and Doge are the coins that have no fundamental value and thus no fair bottom price. Then can literally fall to zero and you will lose everything. So, I prefer to enter such projects in the beginning only - and spend not more than 100 USD for this.

to say shiba to zero I think this would be very hard to see.
not without reason, before he was famous for pump coins and their manipulations at that time they had almost touched the price of zero but remained strong because they were still quite loved because they could indeed be used in profitable exchanges.
right now they are in hype and pumps (although a lot of people are stuck here) but I can't even imagine them going to zero because that would be very hard to happen right now

[freedomgo]

Shiba and Doge are the coins that have no fundamental value and thus no fair bottom price. Then can literally fall to zero and you will lose everything. So, I prefer to enter such projects in the beginning only - and spend not more than 100 USD for this.

to say shiba to zero I think this would be very hard to see.
not without reason, before he was famous for pump coins and their manipulations at that time they had almost touched the price of zero but remained strong because they were still quite loved because they could indeed be used in profitable exchanges.
right now they are in hype and pumps (although a lot of people are stuck here) but I can't even imagine them going to zero because that would be very hard to happen right now

As long as dogecoin and Shiba Inu have still demands from their community, their value won't certainly drop into zero. Even the fact that they have no real utility cases and is always dependent on hype, but some people have seen potentials in them so we can't force them to just stop investing because they are meme coins. In fact, these meme coins were profitable last year, but things may differ this year, but if they will be hyped again once the bearish season is over, then all i can say is that they are more than just meme coins that are worth investing.

[wheelz1200]

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

You are going to see all of these doge, shib, inu wierd coins get demolished in this bear market.  Do we really need coins based on dogs.  Sorry to say but they are all insanely overbought based on fomo.  They all pretty much serve zero in terms of need.  No dog coins for me thanks.

[StarKay]

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

Thanks for the reminder but no thanks because you can't guarantee that Shiba Inu will repeat the pump of last year and at current market capitalisation Shib is already at the top.
I'll wait for it to dip at least 10x before I will consider taking your advice.

[savetheFORUM]

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

It is not going to hurt if you keep holding your shiba inu, anything is possible within the crypto space. Tomorrow it is possible that shiba inu ATH can go over that of doge, but also keep in mind that it can also not go well. But, patients is what you need because you may invest with shiba inu the only amount which is affordable to you on the event of shiba inu gets dumped and delisted from exchanges, so you need to be patience until something happens with shiba inu.

I agree about investing the amount which will not hurt you on losing it but the question is why shiba inu and not any other coin. Because, like shiba inu, we are having at least 100s of similar coins with potential to rise in future. Now, if I invest my small amount into all 100 coins then that will definitely hurt me if I happen to lose 50% of them.

[stadus]

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

It is not going to hurt if you keep holding your shiba inu, anything is possible within the crypto space. Tomorrow it is possible that shiba inu ATH can go over that of doge, but also keep in mind that it can also not go well. But, patients is what you need because you may invest with shiba inu the only amount which is affordable to you on the event of shiba inu gets dumped and delisted from exchanges, so you need to be patience until something happens with shiba inu.

I agree about investing the amount which will not hurt you on losing it but the question is why shiba inu and not any other coin. Because, like shiba inu, we are having at least 100s of similar coins with potential to rise in future. Now, if I invest my small amount into all 100 coins then that will definitely hurt me if I happen to lose 50% of them.

Right. You won't be hurting yourself and won't make a loss if you never sell your Shiba Inu. But the question is how long will you be able to hold them? If the value won't eventually recover again, i think that will hurt you the most because there is no chance to make profits from them. If you are investing in those high risk coins, think of its consequences, and not just the luck that it will bring once it reaches an all time high. So to be more assured that you won't be losing in the end, invest in bitcoin and other established coins as they won't just depend on hype or let's say luck.

[sana54210]

You won't be hurting yourself and won't make a loss if you never sell your Shiba Inu. But the question is how long will you be able to hold them? If the value won't eventually recover again, i think that will hurt you the most because there is no chance to make profits from them. If you are investing in those high risk coins, think of its consequences, and not just the luck that it will bring once it reaches an all time high. So to be more assured that you won't be losing in the end, invest in bitcoin and other established coins as they won't just depend on hype or let's say luck.

Basically the idea is that people are saying shiba will not be something you can profit, but you won't hurt to lose some money... Makes zero sense to me, why would I throw money at a wall and hope that it sticks? If I feel like it will not profit me then I will not invest in anything, that is the way I invest, if I kept on investing on things that rarely made sense and just throw money away then I wouldn't have profited at all.

Some people are just giving it a shot because they want to get rich quick, they want to retire early, they want a shortcut to being wealthy and we all know that none of that will ever happen in a regular world, maybe a few lucky people but not everybody.

[glendall]

there's nothing wrong with holding your favorite token, you can say, but that's if you really don't need money for a long time because if you rely on FOMO I think it's difficult to get the highest price again, and the problem of your 1,000,000 doge is already rich I think if you sell at price 0.7 $ yesterday but what's wrong if you keep holding doge rather than shiba,

[Alanaz]

Shiba and Doge are the coins that have no fundamental value and thus no fair bottom price. Then can literally fall to zero and you will lose everything. So, I prefer to enter such projects in the beginning only - and spend not more than 100 USD for this.

to say shiba to zero I think this would be very hard to see.
not without reason, before he was famous for pump coins and their manipulations at that time they had almost touched the price of zero but remained strong because they were still quite loved because they could indeed be used in profitable exchanges.
right now they are in hype and pumps (although a lot of people are stuck here) but I can't even imagine them going to zero because that would be very hard to happen right now

As long as dogecoin and Shiba Inu have still demands from their community, their value won't certainly drop into zero. Even the fact that they have no real utility cases and is always dependent on hype, but some people have seen potentials in them so we can't force them to just stop investing because they are meme coins. In fact, these meme coins were profitable last year, but things may differ this year, but if they will be hyped again once the bearish season is over, then all i can say is that they are more than just meme coins that are worth investing.

I have been on the doge path since they were at a point where there has never been any hype there and I like these coins because even though there is no utility there, they are still consistent at that time.
and now it seems much bigger and riskier.
true as you said, as long as their fans still keep coming, there is no reason for them to go to zero because their hype continues.
Instead of investing I prefer to trade and take advantage of the momentum there because investment is not suitable for them

[diamond_shine1]

at this time no one knows which direction the shiba inu will go up or down but i personally will keep holding the shiba inu until i am satisfied with the profit i will get, even though i don't know how long,
So my suggestion is that there is nothing wrong with holding back some shiba for the future, who knows the shiba can rise high in the future.

[sukmo]

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

It all depends on the principles of each.
Manganalysis carefully and confidently that the coins we hold will have a fantastic price in the future is something that we must apply as an investor.
But on the other hand to shift the negative things in our minds, it is better if we continue to work to stabilize income every day.
And if one day if we experience a loss, we are ready and sincere to accept it.
Because in my view, investing with cryptocurrency between profit and loss is already a risk that we must accept and should not regret it.

[yazher]

So who is going to be the next Elon musk to pump shiba inu? The only thing that shiba did better than doge is swap and other utilities but they are still meme coins anyways and that can't be erased anymore, I'm better off with Solana, Matic polkadot avalanche and other big boys out there, oh including terra Luna

That's the right question though, It's found to have huge amount numbers of Shiba Inu but we can't assure who gonna be stand as both promoter and pumper of the said coin? Because Elon Musk has already concluded his promotions on DogeCoin. Matic is the best to choose right now since it's only in its first stage and there is a high tendency that it would become like BNB in the future since it is essential for NFT games and other NFT stuff which are the big talk right now since the Metaverse era.

[poodle63]

Shiba and Doge are the coins that have no fundamental value and thus no fair bottom price. Then can literally fall to zero and you will lose everything. So, I prefer to enter such projects in the beginning only - and spend not more than 100 USD for this.

Seeing shiba reaching the bottom price is a difficult thing to see simply because its already relatively spread out in terms of holdings and there are many shib token holders out there.
regardless, shiba reaching something that's really low like most of the existing meme coins that aren’t as fortunate as shiba basically getting its value down again is definitely could be realized in the future.
although shiba have burning mechanism it will be useless if the trend of meme coins subsided thats why shiba has been trying making innovation and now trying making itself as an NFT platform as it seems.
if shib could succeed seeing their community is big, they could always increase their value like any other NFT based coins but you seems didn't get what OP said above if it's about putting a small money into the meme tokens and he will be waiting for years to see how much their invesment at that time.