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Author Topic: Investor lose billionaire opportunity -Damien Slash lost it over MEME coin SHIBA  (Read 311 times)
Victorik
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May 12, 2023, 09:29:41 AM
 #41

If he could tell the future, he probably wouldn't have made the mistake of exiting early. But then his decision to exit may be as a result of his previous experiences with some other altcoins. Just like Damien, you and I have had our date share of this kind of regret; 'wish I knew, I would have hold much longer'.
This is crypto space, a world full of regrets.

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May 12, 2023, 09:38:31 AM
 #42

I'm just the opposite with you, i have bought some memecoin and most of them goes to zero without a price increase.
back then i'm quite happy with 3-10x but after i sold them they just keep their own rocket for almost 100x.

If you have decided to invest in meme coins, then you should say goodbye to your money in advance. In this case, it is not necessary to sell coins prematurely. You must either wait for the flight to the moon or accept the fact that the money is lost.
Meme coin is very risky to disappear from trading when the market trend has abandoned the coin, meme coin market overview only last 5% of the total scam coin meme projects on the market if never invest meme coin if you are not ready to lose, we can allocate some funds for Top meme coin investment instead of new meme coins, the risk of loss is also considered before you invest meme coins.
yeah i can feel that again. high risk high return, but they are many of there that i knew most of them will go to zero. for example CIFI (citizen finance), this is a good project and already up to 100x but you know it's dead right now. And then they make new version of CIFI but it almost dead at the time as we speak
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May 12, 2023, 02:16:41 PM
 #43

It is a dramatic story that will continue to happen to the cryptocurrency world. Maybe in the future we will also see similar stories with different coins. Yes this is a very big loss. But come on, who would have thought that pizza buyers with BTC would get that high? Did he who had sold his SHIBA ever think that the price of SHIBA would increase like that?

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May 12, 2023, 03:07:12 PM
 #44

It is a dramatic story that will continue to happen to the cryptocurrency world. Maybe in the future we will also see similar stories with different coins. Yes this is a very big loss. But come on, who would have thought that pizza buyers with BTC would get that high? Did he who had sold his SHIBA ever think that the price of SHIBA would increase like that?
that's true it's more or less just fate, no one knows what future holds, sweating over the lost opportunity is just nothing more than useless grievance, there are most certainly many reason why many of shiba holders back then just didn't hold their shib until it get this high, one of them must be the fact that they didn't know and that's pretty much okay, maybe next chance.



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May 12, 2023, 04:47:41 PM
 #45

It is a dramatic story that will continue to happen to the cryptocurrency world. Maybe in the future we will also see similar stories with different coins. Yes this is a very big loss. But come on, who would have thought that pizza buyers with BTC would get that high? Did he who had sold his SHIBA ever think that the price of SHIBA would increase like that?
that's true it's more or less just fate, no one knows what future holds, sweating over the lost opportunity is just nothing more than useless grievance, there are most certainly many reason why many of shiba holders back then just didn't hold their shib until it get this high, one of them must be the fact that they didn't know and that's pretty much okay, maybe next chance.
Some of those who didn't sold are just coincidence. I've seen a story before of a successful SHIBA investor, He didn't remember that he had a Shiba coin until it blew up. It's a crazy coincidence but yeah there so many people who got rich from Shiba, they are more on early investing. Everyone of us has our own regrets on crypto by selling early and this is another one big regret from selling too early. I'm pretty sure that we don't know where this meme coin will go in the time that it has a small value and personally if I had some shiba at that time and it grew that I'm getting a big amount of profit on it, I'll probably sell it knowing the fact that the future of meme coin is still uncertain.
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May 12, 2023, 08:56:35 PM
 #46

yeah i can feel that again. high risk high return, but they are many of there that i knew most of them will go to zero. for example CIFI (citizen finance), this is a good project and already up to 100x but you know it's dead right now. And then they make new version of CIFI but it almost dead at the time as we speak

It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.

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May 12, 2023, 11:15:16 PM
 #47

yeah i can feel that again. high risk high return, but they are many of there that i knew most of them will go to zero. for example CIFI (citizen finance), this is a good project and already up to 100x but you know it's dead right now. And then they make new version of CIFI but it almost dead at the time as we speak

It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.
after all it's always really bad idea investing when the meme coin is at its peak, some people might get fomo'd but i think they should understand that a coin didn't increase forever, when it rise more than 88000 it's obvious that everyone that wanna make entry is already too late.

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May 12, 2023, 11:24:28 PM
Last edit: May 12, 2023, 11:36:10 PM by AmoreJaz
 #48

yeah i can feel that again. high risk high return, but they are many of there that i knew most of them will go to zero. for example CIFI (citizen finance), this is a good project and already up to 100x but you know it's dead right now. And then they make new version of CIFI but it almost dead at the time as we speak

It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.

and soon, it won't be only decline of 4 times but high likely it will be abandon in the trading market. that's the dilemma of going into this type of token. the survival rate is very low. and it happens to a lot not only meme tokens but a lot of alts. very few survive. most of the dev teams are really not worth calling them as developers. most of them are just money-grab projects without long-term plans.
lucky for him, SHIB is still active in the trading market, what more of those other meme tokens which are not available anymore in the market?

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May 13, 2023, 07:54:50 AM
 #49

It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.
after all it's always really bad idea investing when the meme coin is at its peak, some people might get fomo'd but i think they should understand that a coin didn't increase forever, when it rise more than 88000 it's obvious that everyone that wanna make entry is already too late.
It is obvious for us, but for the inexpert trader out there which somehow believes the markets can go up forever this is nowhere near as obvious, which is why they buy at the peak and then they get trapped holding a coin that most likely will never recover even a speck of its former glory.

The only thing that could save them at that point is if their investment in the meme coin of their choice was low, as they were expecting to still obtain huge profits with a minimal investment, however if they invested a great deal of their capital then most likely their careers as traders will be over before they even began.

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May 13, 2023, 01:46:35 PM
 #50

It is enough to look at the Pepe coin, which made so much noise, showing a record 88000% profit in just 2 weeks, to understand the risks of investing in a memecoin. Those who bought Pepe at high now have a very large loss, since the price of the coin has decreased 4 times in just one week.

and soon, it won't be only decline of 4 times but high likely it will be abandon in the trading market. that's the dilemma of going into this type of token. the survival rate is very low. and it happens to a lot not only meme tokens but a lot of alts. very few survive. most of the dev teams are really not worth calling them as developers. most of them are just money-grab projects without long-term plans.
lucky for him, SHIB is still active in the trading market, what more of those other meme tokens which are not available anymore in the market?

It is very difficult to predict the further movement of the Pepe price, since we do not know what the future plans of the team of this coin are. After reducing the price by 4 times, we saw a fairly rapid increase in the price by 100%. It is possible that now there is another pumping of the coin in order to fix the profit after the last fall.

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May 14, 2023, 06:51:53 PM
 #51

Every project is unique, and success is not guaranteed.

I cannot support this opinion because not every project is unique. A lot of projects in the crypto industry are copies of well-known projects and do not add anything new to the already existing concept. Simply put, they are clones, and in some cases they are clones of clones. Such projects on the market in the majority. The most quantity of clones accounts for ETH and BTC, as they are the most popular coins, there is always a hype around them. As you know, where there is a hype, there always appear a lot of clones.

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May 18, 2023, 08:35:23 AM
 #52

Every project is unique, and success is not guaranteed.

I cannot support this opinion because not every project is unique. A lot of projects in the crypto industry are copies of well-known projects and do not add anything new to the already existing concept. Simply put, they are clones, and in some cases they are clones of clones. Such projects on the market in the majority. The most quantity of clones accounts for ETH and BTC, as they are the most popular coins, there is always a hype around them. As you know, where there is a hype, there always appear a lot of clones.

It's true, sir. This phenomenon is often referred to as "forking" or "copycatting", but that's not wrong either. since it is open-source in the cryptocurrency space especially during periods of hype and increased attention, it could be the aim to improve on existing concepts or offer other alternative solutions. maybe.. Grin Grin Grin

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May 20, 2023, 05:21:40 PM
 #53

Every project is unique, and success is not guaranteed.

I cannot support this opinion because not every project is unique. A lot of projects in the crypto industry are copies of well-known projects and do not add anything new to the already existing concept. Simply put, they are clones, and in some cases they are clones of clones. Such projects on the market in the majority. The most quantity of clones accounts for ETH and BTC, as they are the most popular coins, there is always a hype around them. As you know, where there is a hype, there always appear a lot of clones.

It's true, sir. This phenomenon is often referred to as "forking" or "copycatting", but that's not wrong either. since it is open-source in the cryptocurrency space especially during periods of hype and increased attention, it could be the aim to improve on existing concepts or offer other alternative solutions. maybe.. Grin Grin Grin

There is a bad thing about this, I don't agree with you. The bad thing is that all these copycat coins and clones are breeding grounds for scam and fraud. Most investors in these projects suffer from losing money and all these coins die very quickly, leaving their investors with nothing. For the developers of such projects, there may well be nothing wrong, as they will always be in profit. Such projects only show cryptocurrencies from the bad side and generate various speculations that the crypto industry needs to be regulated even more, as fraud is flourishing there.

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May 20, 2023, 06:20:26 PM
 #54

If already anyone missed billionaire opportunity From crypto meme coins don,t worry mate i think very good opportunities coming for you just wait & see what will happing very soon or later in futures and meme coins is very risky investment so please bore starting investment in meme coin DYOR properly as well.

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