Shiba INU Losing its Grip Over the Bullish Momentum, Will SHIB Price plunge hard

[Naficopa]

In order for Shiba to reach the level of $ 0.001, the entire cryptocurrency market would have to grow several times. Of course, this level is possible, but certainly not this year. The price of Shiba is falling all the time and you don't really know where the bottom is. In my opinion, we should wait another week or two to be sure that this is the end of the decline and the bottom has been reached.

[Reatim]

Why? Like What else did people expected about Shiba to begin with? I mean this was from the very start was a token where you buy it at a low and early level, and get out as soon as it went up. There are so many people who invested hundreds or even thousands and turned that into millions and then they got rich and that was the aim of it.

This happened, the goal was achieved, after that there is really no reason to keep investing into it, no idea how we could do anything better about it at all. This token should be dying in the near future, you will see, in a year or two it will be out of top 100, and then who knows where it will keep on going down.

The only reason why this token still exist is the hype, and I don’t see any good updates from them that can encourage me to buy and hold. I bought this token because of the hype and since I already have profit from this, I’d rather not to buy again. I also think if there’s no HYPE anymore, SHIB will continue to go down so better to always take profit with this token, its too risky to hold for long.

You've got my support in this mate because it is obvious that  Shiba Inu stays moving because of those whales and friend of Elon Musk that still wanted to manipulate this coin for their benefits as there are till noob and fool that want to risk without deeply thinking and in the end will blame the crypto market because of losing their funds because of their own wrong completion .
But i know in the following months this will indeed break down and before the year end many will cry because of their continuous support in SHIB.

[bitterguy28]

Why? Like What else did people expected about Shiba to begin with? I mean this was from the very start was a token where you buy it at a low and early level, and get out as soon as it went up. There are so many people who invested hundreds or even thousands and turned that into millions and then they got rich and that was the aim of it.

people are still confused because if this is a Pump and Dump coin then it should have been returning to the original price but until now staying in the middle this made some one thinks that there is another chance of SHIB to make another ATH.

This happened, the goal was achieved, after that there is really no reason to keep investing into it, no idea how we could do anything better about it at all. This token should be dying in the near future, you will see, in a year or two it will be out of top 100, and then who knows where it will keep on going down.

what Goal ? i believe that the Goal is at least 1 cent? yet this has been the target because up to now it is far from that reality .

so People and most specially those who bought at low.

[monineklutak]

In order for Shiba to reach the level of $ 0.001, the entire cryptocurrency market would have to grow several times. Of course, this level is possible, but certainly not this year. The price of Shiba is falling all the time and you don't really know where the bottom is. In my opinion, we should wait another week or two to be sure that this is the end of the decline and the bottom has been reached.

For now we need to be grateful to see the market is starting to improve and it will take time for sure to continue growing several times,
better not have high expectations of meme coins in this case it's Shiba inu,
We'll see how far this Shiba will continue to go down

[sana54210]

For now we need to be grateful to see the market is starting to improve and it will take time for sure to continue growing several times,
better not have high expectations of meme coins in this case it's Shiba inu,
We'll see how far this Shiba will continue to go down

Recovery doesn't need to impact every single coin the same way. When bitcoin goes up 10%, shiba could go up 30% or could go down 10%, we do not know which one will happen. Obviously, it has done good for this time around but that doesn't mean that it will keep doing that. We should of course appreciate the fact that we are doing fine, but that is something we can only guess about for the time being and nothing further down the road.

Maybe tomorrow it will start to have a big fall and drop 50%? Can you guarantee the fact that it won't? This is why I believe that we should be focusing on something that is a bit more related to individual projects, and not the market as a whole.

[Ararbermas]

Use DCA and you will be fine, I bought some shiba coins at 0.000021$ and did the same thing at 0.000023$ I believe it will be hard for this project to dip beyond 0.00002$ but if that happens I will gladly buy more, shiba inu is good for long term hold.

shiba has been very optimistic meme project than doge last year and even this year, so yes probably its a good idea to add more at the dip because surely these type of projects will make hypes again in the future.  Infact the volatility of this coin in the market still the same and there's already a small progress in it since the bearish trend of the market compared to other memes. So i believe it will not going further on this situation if there's an another correction on its price in the market , wherein it will follow the trend of the market instead IMO because it still very optimistic.

[ethereumhunter]

I do not have a big expectation of seeing Shiba Inu grow in the future. However, if that project can grow, I will be happy because I keep a few million in my wallet and only use it to join the staking programs and let it run without thinking about how many amounts I will get someday. Moreover, that amount of Shiba I had was not too big money because I bought that amount when the price was really low.

But if I look at the project, the dev was an optimist to bring Shiba to be a new thing in the crypto space, so we should wait and see what the dev will do later. If you believe that Shiba is good and has the potential to increase, you can buy more at this downtrend so that when the price increases, you are ready to sell at a high price.

[South Park]

Why? Like What else did people expected about Shiba to begin with? I mean this was from the very start was a token where you buy it at a low and early level, and get out as soon as it went up. There are so many people who invested hundreds or even thousands and turned that into millions and then they got rich and that was the aim of it.

This happened, the goal was achieved, after that there is really no reason to keep investing into it, no idea how we could do anything better about it at all. This token should be dying in the near future, you will see, in a year or two it will be out of top 100, and then who knows where it will keep on going down.

The only reason why this token still exist is the hype, and I don’t see any good updates from them that can encourage me to buy and hold. I bought this token because of the hype and since I already have profit from this, I’d rather not to buy again. I also think if there’s no HYPE anymore, SHIB will continue to go down so better to always take profit with this token, its too risky to hold for long.

At least you got profits out of it, the vast majority of the traders that tried to make some quick money out of Shiba bought at the ATH and if they want to sell now they will have to endure some losses, which means they are trapped and not only there is no guarantee they will recover their money but the amount of money they are forfeiting by not being able to invest in some other coins is huge as well, so people should always be incredibly cautious when investing in those coins as the potential time and profits they can miss are on the high side if they are not careful.

[romero121]

Why? Like What else did people expected about Shiba to begin with? I mean this was from the very start was a token where you buy it at a low and early level, and get out as soon as it went up. There are so many people who invested hundreds or even thousands and turned that into millions and then they got rich and that was the aim of it.

This happened, the goal was achieved, after that there is really no reason to keep investing into it, no idea how we could do anything better about it at all. This token should be dying in the near future, you will see, in a year or two it will be out of top 100, and then who knows where it will keep on going down.

The only reason why this token still exist is the hype, and I don’t see any good updates from them that can encourage me to buy and hold. I bought this token because of the hype and since I already have profit from this, I’d rather not to buy again. I also think if there’s no HYPE anymore, SHIB will continue to go down so better to always take profit with this token, its too risky to hold for long.

At least you got profits out of it, the vast majority of the traders that tried to make some quick money out of Shiba bought at the ATH and if they want to sell now they will have to endure some losses, which means they are trapped and not only there is no guarantee they will recover their money but the amount of money they are forfeiting by not being able to invest in some other coins is huge as well, so people should always be incredibly cautious when investing in those coins as the potential time and profits they can miss are on the high side if they are not careful.

Those people who invested at its ATH now experience the loss, but if there is no need of moving funds then it is good to hold. The team is putting big efforts in creating good stability to the market. There is regular burning of tokens and that is why the market is stable without much of price drop. If not by now the price could've reached down the line. People need to be cautious and when investing on memecoins one should just leave it unlike the profit, because it can bounce anytime making the investor lucky.

[peter0425]

Use DCA and you will be fine, I bought some shiba coins at 0.000021$ and did the same thing at 0.000023$ I believe it will be hard for this project to dip beyond 0.00002$ but if that happens I will gladly buy more, shiba inu is good for long term hold.

shiba has been very optimistic meme project than doge last year and even this year, so yes probably its a good idea to add more at the dip because surely these type of projects will make hypes again in the future.  Infact the volatility of this coin in the market still the same and there's already a small progress in it since the bearish trend of the market compared to other memes. So i believe it will not going further on this situation if there's an another correction on its price in the market , wherein it will follow the trend of the market instead IMO because it still very optimistic.

But do you really believe that SHIB has future still? and do you think that Shiba Inu will be like Dogecoin to reach the top?
then it must be a years before it getting the hype and not what happened on this just recently.
Please do not just trust the project that you have no deep knowledge because you are luring others to believe your lies .

[someone703]

After being satisfied with the profits from Shiba before, I almost stopped caring too much about its future. Perhaps many people are still stuck with it. Go ahead if you feel it can be profitable. I don't have a favorable opinion of this product as it came on the heels of a silly trend and left a shitcoin meme space.

[serjent05]

Those people who invested at its ATH now experience the loss, but if there is no need of moving funds then it is good to hold. The team is putting big efforts in creating good stability to the market. There is regular burning of tokens and that is why the market is stable without much of price drop. If not by now the price could've reached down the line. People need to be cautious and when investing on memecoins one should just leave it unlike the profit, because it can bounce anytime making the investor lucky.

Isn't it always the case?  When someone invested at the ATH, they are always the one suffers the loss when the price crash.  Anyway, I am one of those lucky guys that invested when Shib was around $0.0000000xx sold a bit early when it reaches around $0.0000xx and stop caring.

Then late this March I read about Shib whales shifting to some new coins, so it is not news to me that it will lose its momentum.  If the article is true, I think Shiba will be having a hard time regaining its bullish Momentum, worst most will follow and the token dump will continue.

[Daodex]

Now that BTC is losing its stand, projects like shiba inu will fall big to creating new opportunities to grab at a cheaper price, it makes no sense to hold this token right now as I already sold my bag and will buy it back when a new All-time low is in motion.

[indah rezqi]

There are way too many people talking about shiba these days. Do you guys all think about shiba all this much, or is there like a secret shiba place on bitcointalk where people talk about it like crazy? I mean the reality is that we should not be feeling all that badly about this situation, just focus on the fact that we are doing alright, and shiba is a memecoin that you could avoid and rest of the crypto, there are some shitcoins and scamcoins as well.

But, if you find the real good ones, like btc, eth, bnb, ltc, avax and so forth then you know what you are getting into and they do not like about what they are. Just focus on those if you are unsure about some memecoin.

There's been a lot of talk about Shiba Inu lately and I don't think it's wrong because it's everyone's right, but there's still a lot that we can think about and we need to focus on that can provide certainty in the future instead of talking about Shiba Inu seriously. I agree with you that if something was much more certain like BTC, ETH and BNB then it was much better.

[bittick]

Now that BTC is losing its stand, projects like shiba inu will fall big to creating new opportunities to grab at a cheaper price, it makes no sense to hold this token right now as I already sold my bag and will buy it back when a new All-time low is in motion.

You're right but it's not all of people have ability to predict the market. Some believers are using this token as their long term hodlers. This caused by they are believe with the future of shiba inu. With so many tokens and platforms launched by shiba developers makes some people are thinking if this token will be bullish forever while the market was saying the opposite thing like that. I do believe if the pump will be coming again but not for this time.
I have re bought shiba inu again and prepare to sell my bags once the market will recover again.,

[kapalmabur]

There are way too many people talking about shiba these days. Do you guys all think about shiba all this much, or is there like a secret shiba place on bitcointalk where people talk about it like crazy? I mean the reality is that we should not be feeling all that badly about this situation, just focus on the fact that we are doing alright, and shiba is a memecoin that you could avoid and rest of the crypto, there are some shitcoins and scamcoins as well.

But, if you find the real good ones, like btc, eth, bnb, ltc, avax and so forth then you know what you are getting into and they do not like about what they are. Just focus on those if you are unsure about some memecoin.

There's been a lot of talk about Shiba Inu lately and I don't think it's wrong because it's everyone's right, but there's still a lot that we can think about and we need to focus on that can provide certainty in the future instead of talking about Shiba Inu seriously. I agree with you that if something was much more certain like BTC, ETH and BNB then it was much better.

I understand what you are saying and maybe those people who are talking about Shiba inu maybe it's his fans,
it's better to spend time on other things than meme coins which are not clear and will only waste time,
maybe once in a while to follow its progress I don't think it's a problem

[SirLancelot]

Now that BTC is losing its stand, projects like shiba inu will fall big to creating new opportunities to grab at a cheaper price, it makes no sense to hold this token right now as I already sold my bag and will buy it back when a new All-time low is in motion.

Nope never. Bitcoin didn't lose its stand. What it loses are only a few of it gains but btc can still be able to recover it on the next few days. Shiba inu falls because this coin is a meme coin, don't assume that it falls only because btc fall. You will see that once btc recovers, shib will be left behind while other coins that are not a meme coin are the only ones that will follow the btc's recovery.

Decline in the price is no doubt an opportunity for buying but buyers must choose a coin wisely. Why will they buy such meme coin and what can this coin guarantee to them in the future. You already did a good job of selling your bag but you shouldn't re-buy after that, instead switch on to something more worth it.

[el kaka22]

There's been a lot of talk about Shiba Inu lately and I don't think it's wrong because it's everyone's right, but there's still a lot that we can think about and we need to focus on that can provide certainty in the future instead of talking about Shiba Inu seriously. I agree with you that if something was much more certain like BTC, ETH and BNB then it was much better.

That is not what newbies do though, I mean they should, but they are not doing it unfortunately. They keep obsessing over stuff that they shouldn't, it could be shiba, it could be some other memecoin, some new NFT collection, some play to earn game, anything that promises the worlds to them. They look at btc, eth and similar level stuff and they see something that will not bring millions of dollars to them so they give up and not even look at it, that is where they are wrong and will always fail.

Those high coins will bring you a profit, maybe not a big profit but of course some profit and that is what we should be doing, not risking it all for a huge gain chance that is actually a small possibility.

[JoyMarsha]

Monitoring Shiba Inu's price all the time would rather make you worry a lot. Shiba Inu is supposed to be a long term investment memes project that is not meant to skyrocket in price within a short period. It would take years for it to go above $0.00004. It's better to relax, trust Shiba Inu's price movement than all focus on the price now

[Vaskiy]

There's been a lot of talk about Shiba Inu lately and I don't think it's wrong because it's everyone's right, but there's still a lot that we can think about and we need to focus on that can provide certainty in the future instead of talking about Shiba Inu seriously. I agree with you that if something was much more certain like BTC, ETH and BNB then it was much better.

Those high coins will bring you a profit, maybe not a big profit but of course some profit and that is what we should be doing, not risking it all for a huge gain chance that is actually a small possibility.

When one makes an investment that he can afford to loss, there is nothing to worry on his diversification of investment over Shiba Inu or some other memecoin. As said one should not risk all for a huge gain which could end up with big loss. Beginners/newbies believe on luck than the trusted ones out of getting rich in a short and on not knowing the market. Even with Shiba there is good progress in terms of development which is why the market price isn't falling down to the bottom.