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Author Topic: Shiba Inu pumping , why? Hold or Sell?  (Read 796 times)
Smitty Werben Man Jensen
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August 18, 2022, 06:15:26 PM
 #81

Don't be too greedy, yesterday the SHIB has gone up 30%, of course if you are a disciplined trader then you have sold it,
and look now the SHIB price is down again at the buy zone price yesterday, stay calm and don't be too fomo of this coin.
because if Fomo occurs then we will also be harmed, we are in a bear market the effect is very high price volatility

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August 18, 2022, 08:25:54 PM
 #82

Don't be too greedy, yesterday the SHIB has gone up 30%, of course if you are a disciplined trader then you have sold it,
and look now the SHIB price is down again at the buy zone price yesterday, stay calm and don't be too fomo of this coin.
because if Fomo occurs then we will also be harmed, we are in a bear market the effect is very high price volatility
Shiba won't have a 100% up in its price in a short amount of time. When it has gone up to 30%, most Shiba holders would sell. This is the reason why it falls back down. Anyone FOMO with thinking it could do it again has to understand this meme coin is full of pump and dump based on people's interests. You'd become a long-time holder of this meme coin if you bought in at high.
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August 18, 2022, 11:26:53 PM
 #83

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?

I don't see Shib being pumped, if I recall it already crossed this price and has been sideways with a little mix of crashing and recovering in between. In regards to selling, if you are in profit and don't see any future on SHIB then, by all means, you can sell your holdings with the profit.  If you wanted to wait, it is also fine.  After all, it is SHIB and you alone can decide whether to sell or hold your coins and tokens.

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August 19, 2022, 04:49:55 AM
 #84

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?
Probably because of the new shiba game that is about to be released soon. The beta version is currently available to play/test in Vietnam (or some Asian country I forgot) and then SHIB is almost about to launch Shibarium, their layer 2 solution that will make transactions faster and cheaper. People are expecting more tokens to be burned, so they all are accumulating right now. Buying the rumor and will sell the news soon.

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August 19, 2022, 07:26:33 AM
 #85

Shiba Inu is a meme that continues to survive in the top ranking, I still keep Shiba in Binance Wallet because I'm sure in 2022 there will be the next big surprise, many analysts believe that Shiba Inu will kill 1 zero and enter the top 10 ranking again, with this makes me No doubt for Hold Shiba Inu.
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August 21, 2022, 06:46:37 AM
Last edit: August 21, 2022, 07:40:30 AM by Sayeds56
 #86

Shiba Inu is a meme that continues to survive in the top ranking, I still keep Shiba in Binance Wallet because I'm sure in 2022 there will be the next big surprise, many analysts believe that Shiba Inu will kill 1 zero and enter the top 10 ranking again, with this makes me No doubt for Hold Shiba Inu.

Shiba Inu has been making headlines since it was launched. In deed it is a meme coin but team has been doing efforts to create its strong use case that is why it has maintained its rank on top 20 coins on coinmarketcap. The recent rise in its  price is because of launching of online game on its platform which has created new interest in this coin but how how this buying interest remains in tact that will depend on how this game performs in the market.
 

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August 21, 2022, 06:56:34 AM
 #87

I think it’s a total shitcoin, don’t get me wrong but you should probably HODL until the next bitcoin bull run. Most alts have a good run then & I still see lots of people as dumb enough to go crazy buying SHIB again. So in conclusion, it’ll probably at least 10 x before 2026.

You are 100% correct, people keep posting here that it has user cases and stuff likes that but it is nothing more than a shitcoin in fact. I still have some and as you mention, I am waiting on the next bull run and hopefully it goes x10 (or higher) but I prefer not to wait until 2026 for that lol.



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August 21, 2022, 07:07:34 AM
 #88

I wouldn't hold Shiba Inu at this pump because the next one might not happen very soon. If someone was lucky enough to buy that shitcoin before the pump, then you could say they got lucky at the casino and needed to get their winnings out of there ASAP. Although the dogecoin got pumped up a bit too, but I wouldn't see it as a long term altseason. In this bear market, you could consider it a giveaway.
Just as I thought, this time the coin is not strong enough, neither shiba inu nor dogecoin, we will only see their journey in the long correction ahead, not to mention that this kind of coin model cannot be held in the long term. Talking about luck, it's still quite speculative for us to believe with the current market conditions, so the gamble we do, results in uncertainty in investing in the coin.
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August 21, 2022, 07:35:25 AM
 #89

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?
One of the few coins that is widely discussed and known in the world is Shiba Inu. A very chip coin that anyone holding has the objective of making a large profit quickly. But it is only a meme coin which has seen massively increase in price since its launch. Its current market price is $0.00001295. Generally investors believe that its price will increase and be profitable in the long term investment.

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August 21, 2022, 11:02:54 AM
 #90

Shiba Inu is a meme that continues to survive in the top ranking, I still keep Shiba in Binance Wallet because I'm sure in 2022 there will be the next big surprise, many analysts believe that Shiba Inu will kill 1 zero and enter the top 10 ranking again, with this makes me No doubt for Hold Shiba Inu.
That's only shiba inu. The fact that if so many meme coins have been vanished or even some dead due to the bearish trend that was wiping out so many meme coins from the market. I would not be surprised to see how crazy those shiba supporter to think killing zero was easy for shiba inu while the fact if that was a very difficult thing to be done.

It is true that alts have lost their value more than 80% from their ATH since bearish trend started and meme coins are not the exception. shiba Inu stands out from the list of meme coins because its team is actively working to strengthen its use case. I firmly believe that use case is the single important factor when we choose a coin/token for investment. Ethereum and BNB are good examples of strong use case.

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August 21, 2022, 12:53:42 PM
 #91

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?
there are several factors when shiba starts pumping, between market manipulation or manipulation of the whales.
but it's all just like the analysis is not certain.

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?
all back to yourself want to sell for today's profit that you should get or you want to invest in shiba in the long term.
if indeed you buy a shiba and hold it for a quick profit, it might be better to sell it now and buy again at a lower price.
but if you buy a shiba and hold it for the long term, you don't need to be tempted by the current price even though the current price is pump, but you have a goal to hold it longer with the aim of greater profits.

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August 21, 2022, 01:38:36 PM
 #92

Quote
I think it’s a total shitcoin, don’t get me wrong but you should probably HODL until the next bitcoin bull run. Most alts have a good run then & I still see lots of people as dumb enough to go crazy buying SHIB again. So in conclusion, it’ll probably at least 10 x before 2026.

 Yes, hold in this bearish season will really help you to make a good profits in the future when the price of Shiba Inu price increase higher in the market. I think, it will be more favourable for anyone to buy more of Shiba Inu in this season and hold for like 2 or 3 years before you can sell to make a passive profits from your long term investments. Based on the testimony many traders are giving in the community concerning Shiba Inu investment, and how many traders that invested a huge amount of money few years ago embraced a huge amount of profits from their investments, showed that before 2026 there will be a lot of profits for those that will hold till then to earn from their investment.

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August 21, 2022, 01:57:31 PM
 #93

Shiba Inu had alot of usecases and it's being acceptance in lots of place as Buying good services and Payments the Token had their own blockchain all these sign you should hold some shiba token in these bearish market we had seen a lot of project getting Failed  so it also important to book profit at the same time remember it is just one more shit coin with alot of utility so you can make the 50% hold and 50% sell strategy

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August 21, 2022, 08:58:23 PM
 #94

Shiba Inu had alot of usecases and it's being acceptance in lots of place as Buying good services and Payments the Token had their own blockchain all these sign you should hold some shiba token in these bearish market we had seen a lot of project getting Failed  so it also important to book profit at the same time remember it is just one more shit coin with alot of utility so you can make the 50% hold and 50% sell strategy
The 50% sell and 50% hold strategy is indeed very good if you are an investor,
because if the price drops after the pump, then you can buy it again, and you can certainly get more coins like you do Staking.
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August 21, 2022, 10:48:54 PM
 #95

The 50% sell and 50% hold strategy is indeed very good if you are an investor,
because if the price drops after the pump, then you can buy it again, and you can certainly get more coins like you do Staking.
Your strategy is good if you use pumps and dumps of meme coins, but meme coins are very sensitive because it's just community hype unlike common projects which grows out of the utility and usability factor of coin holders, so you should be careful buying shib coins even if the price is lowest.
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August 22, 2022, 02:44:28 AM
 #96

The 50% sell and 50% hold strategy is indeed very good if you are an investor,
because if the price drops after the pump, then you can buy it again, and you can certainly get more coins like you do Staking.
Your strategy is good if you use pumps and dumps of meme coins, but meme coins are very sensitive because it's just community hype unlike common projects which grows out of the utility and usability factor of coin holders, so you should be careful buying shib coins even if the price is lowest.

It is true that meme coins hype is short lived and it doesn't sustain for long because those who pump it book their profit on peak and take exit from market. Dollar cost average (DCA) strategy is very good and it always works for Top 20 coins but you should entry when price of the coin/token you are willing to buy is down at 25 to 30% and never buy at least in 3 steps.

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August 22, 2022, 04:53:53 AM
 #97

Don't ask the crowd on what you are going to do because you can never get a solid information in them just research why shiba price hike and set a limit to your selling price, you can sell 50% and hold 50% for safety reason and to avoid loss if the price goes down in the next few moths hold some sell some for good.

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August 22, 2022, 06:52:32 AM
 #98

For those who are lazy to do calculations - the author of this topic holds 20 millions SHIB, that is currently around $260-270. If I had this amount of SHIB, I would have sold them without any hesitation. I would better hold Bitcoin, then expect doubling my $260-270 waiting for SHIB pump. SHIB pump might never happen, if only Elon Musk helps SHIB once again. I think that chances of 20KK SHIB loosing value are greater than chances of Bitcoin price rises.

 
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August 22, 2022, 07:04:42 AM
 #99

~~ it looks like the meme coin is indeed a community controlled coin.
Do you have any mistake? How the meme coin is controlled by the community. Check out some big wallets holding Shiba, most of them are controlled by sharks, market manipulators and doge are manipulated and controlled by Elon. Meme coins are just a tool for sharks to manipulate prices and take profits, no community can decide the price of meme coins.
Bitcoin is really a community controlled coin, it belongs to no one and no one can control it.

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August 22, 2022, 07:42:10 AM
 #100

I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.

Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?

Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?
This is a normal thing, right? ups and downs will always happen in crypto and it is this movement that makes crypto interesting.

Lucky you buy when the price of Shiba has dropped imagine if you bought it about 10 months or 1 year earlier you will definitely be a little annoyed because your assets are declining and maybe panic and sell at a loss.

just keep it if you want to feel what shiba will give you in 2-3 years
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