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Author Topic: Worth buying 1B SHIBA INU ?  (Read 280 times)
goodbed (OP)
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December 28, 2023, 02:13:49 AM
 #1

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
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December 28, 2023, 08:26:03 AM
 #2

Well, I'm not sure, but we are talking about a memecoin. Well, it's not bad as long as you see the potential profit, but the thing is, memecoins are one of the coins that are risky and dangerous to invest in, but if you think that you will earn from it, then it's your choice. I advised that you conduct more analysis to see what you think will happen in the shiba inu coin in the next few days or months. I cannot give a solid statement because, as I said, memecoin is risky and dangerous to invest, so I don't invest in it and don't recommend it. But if it's your choice to invest in it, then there's nothing wrong as long as you know the risk and you know what you are doing.

Maybe some people here can give more insights and opinions about this coin. Anyway,  good luck on your investment. Better watch out for its market as it has the potential to change drastically.

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December 28, 2023, 09:00:27 AM
 #3

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
Did you say hodl it for 10 years? I wouldn't even advise anyone to hold Shib or any other memecoin beyond this bull run. For me, the end of this bull run should be in 2025. Anyone who plans of keeping their hodl of altcoins beyond that should be careful. Some altcoins will dump and will never recover from the cataclysmic fall the next bear season will bring. Already, I hope you've noticed how the market is dragging now since the news that Mt Gox has started repaying the Bitcoin it hedl to its customers? Have you read about that? This is causing the Bitcoin market to slump a bit because of the uncertainty that surrounds what the actions of those customers would do when they eventually get them. Will they dump or continue to hodl? No one knows yet.

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December 28, 2023, 11:00:34 AM
 #4

Memecoins in general can be a good idea when talking about wild bull markets, but can you seriously hold that for 10 years? I can probably hold a memecoin for only 1 cycle maximum. We still don't know how much long-term staying power Shiba Inu has.

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December 28, 2023, 11:35:47 AM
 #5

No one knows what will be the price of Shiba Inu after 10 years but there is a possibility that it could reach 0.002$ however, since it wasn't created for adoption it's very risky to hold such a big amount 1b Shib is around $10k and take note it's not a coin but a token, unlike Dogecoin.

If I were you instead of investing all of your money in Shiba why not diversify your investment and not focus on Shib because there are lots of other options that have more potential compared to Shiba Inu like Solana or Cardano.

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December 28, 2023, 01:04:23 PM
 #6

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?

If you are sure of what you think about the Shiba inu, be it, there is nothing wrong with it, and in the end, you will be the one who benefits from the result of your belief in it. You must also be aware of the risk that exists in meme coins, right? Only a few of the meme coins we can really say have the potential to make a profit.

In the short term, like what I am currently doing, I can actually get a profit here at SHIB at the same time as PEPE because they can give me the same profit every day. As long as I hit my target percentage immediately one day, I stop immediately the next day.

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December 28, 2023, 02:04:59 PM
 #7

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
No one can tell you exact future price Especially the future of Meme Coin is very difficult to predict so before you invest a large amount in Meme Coin you should think twice and do a good analysis on one. Why are you interested in investing in Meme Coin with high risk even though it is as good and potential as Bitcoin? I have no right to tell you not to invest there. Because you have the right to risk your money. But I would suggest that before investing a large amount, make sure that you can afford to lose that amount.

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December 28, 2023, 02:20:29 PM
 #8

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
No one can tell you exact future price Especially the future of Meme Coin is very difficult to predict so before you invest a large amount in Meme Coin you should think twice and do a good analysis on one. Why are you interested in investing in Meme Coin with high risk even though it is as good and potential as Bitcoin? I have no right to tell you not to invest there. Because you have the right to risk your money. But I would suggest that before investing a large amount, make sure that you can afford to lose that amount.
1 Billion Shiba Inu correct price is $10,780 which is not a big amount for many people who has enough earning source and financial status enough strong. so if op is like that then i think he afford to invest this amount. there is a high risk to invest in Meme coin but it is also high profit potential. so if op can take the risk then he/she can invest. but i am agree with you that he think twice to invest in meme coin this amount like $10.7k+



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December 28, 2023, 02:58:25 PM
 #9

Many people are discussing this coin but it doesn't seem safe to me. It is doubtful whether the coin will even be in the market for 10 years at current coin prices. Buying a billion coins and holding them for 10 years is a big deal, I wouldn't do that at all from my place. I would have bought bitcoins with the amount of money that would buy 1 billion of these coins and held them for a long time.  Shiba Inu Coin will be in a good position for a while, we think by looking at its market volume, but even if its price changes, it will not last long. Investing in this coin seems too risky. I would definitely invest in Bitcoin without taking this extra risk.

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December 28, 2023, 04:12:09 PM
 #10

the thing with shiba inu is that its already peaked so long ago I think, there's just no way its gonna be increasing that massively again in the future, after all shiba inu is quite similar with doge already have too much of a market capitalization.
if you are thinking for holding long term then I guess it will do at least hold until the next bullrun but the thing with meme coin is that it might not long lasting you know shibareum does absolutely nothing to the price nobody anticipating it therefore the price didnt move a bit, the only thing that drives meme coin like shiba inu is just the community driven hypes that helps a lot in increasing the prices.
tbh, if you are hardcore speculators trying hard to speculate in meme coin those new meme coin might be suitable but just known one thing,those that get rich from meme coin are just 1 out of the tens thousand if not hundreds thousand that doesn't really make money out of it, never think and have high expectation of getting rich from meme coin.

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December 28, 2023, 04:43:40 PM
 #11

You will definitely get burned, are you kidding me? Holding a memecoin for 10years?
If you said that you are taking a calculated risk by holding it till the bull run is quite understandable, but for 10 whole years? It's really not a good idea, because shit coin have that tendency of failing and not recovering back to it level, by then all the smart guys have made their money and move on to another.

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December 28, 2023, 05:52:43 PM
 #12

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
I think yes. it definitely worth buying 1B Shiba Inu tokens. but not for as long as 10 years.
SHIB is a meme coin. don't have too much expecting. unless you are fine if the money you lose..
you can keep them for as long as the developers are working on the project. the community is active and supportive and new people are buying.
about the price target you asked for. it looks too far from now. b
ut this is crypto bro. anything is possible. see the history.
you'll see a lot of examples of big milestone achievements like these.

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December 28, 2023, 08:26:16 PM
 #13

Buy DogeCoinIf you are a fan of meme coins and think that they will have a future, why not bet on DogeCoin. It has a larger user base, a smaller number in supply, and Elon Musk may consider pumping it again or having Tesla accept it, as it has a future, especially since it was the reason that all meme coins have value.

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December 29, 2023, 02:42:40 AM
 #14

Buy DogeCoinIf you are a fan of meme coins and think that they will have a future, why not bet on DogeCoin. It has a larger user base, a smaller number in supply, and Elon Musk may consider pumping it again or having Tesla accept it, as it has a future, especially since it was the reason that all meme coins have value.
Dogecoin is a Proof of Work altcoin and it is a safer choice than Shiba Inu that works with smart contract.

Dogecoin is a best alternative Proof of Work coin if you need an alternative for Bitcoin for transactions.

Its network hash rate is even bigger than Ethereum Classic network hash rate.

https://bitinfocharts.com/comparison/hashrate-etc-doge.html#3y

Dogecoin was created and survived in this market years ago without Elon Musk. What Elon did to pump it in 2020 and 2021 is crazy but if he abandons, Dogecoin will still survive well.

R


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December 29, 2023, 03:56:22 AM
 #15

That would probably be the worst way to invest 10 thousand dollars ever. I am not saying that you shouldn't, because that is not even a suggestion, it is not even an advice, it is literally common sense that you shouldn't. It's like should I set my money on fire, in theory are you allowed to set fire to your own money? Of course you are, nobody will stop you if you do that, but at the same time why would you do that? It would be a stupid move. Same goes here, it is literally no different than setting your money on fire, maybe not as quick, but it will end up at the same place.

Invest into something more logical, something less risky, I am not saying do not take any risks, all I am saying is that if you are going to end up taking a risk, at least take a risk that would be a little bit less risky.

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December 29, 2023, 04:28:01 AM
 #16

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
People's interest in meme coins is always high because they expect more profit with less investment. It is not unusual to do this because many ordinary investors are not able to make big investments but they also dream of getting rich by investing in cryptocurrencies. Many refer to Doge coin as the father of Meme coin but look at what happened to Doge coin. It peaked in 2021 which was may 71 cents but that doge coin could not go above 15 cents in these two years and it is not possible to say whether it will reach that high in the future or not as there are more meme coins in the market which have created huge hype in the market.

When Shib first joined Binance there were no meme coins compete with it but many meme have already entered the market which now has much bigger competitors. But if you are determined to invest here long term then I must say do better research. I won't discourage you, but before investing in meme coins, review its various aspects logically.

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December 29, 2023, 05:13:34 AM
 #17

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
10 years from now Shiba Inu may no longer exist in crypto circulation because that is what always happens with coins whose emergence is hype, surprising many people and providing big profits for the initial holders of this coin but many more who suffer losses that can only be avoided keep holding this coin but you can know when the price will improve, especially those who buy it in 2021 where this coin is currently trending, being copied by many other developers using the name Inu behind the coin.

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December 29, 2023, 05:50:10 AM
 #18

SHIBA INU is being promoted heavily on social media, but on the ground it has no effect. It is completely centralized. There is an endless supply and all the demand comes from the fact that it will rise in the future without a real project or user base. If the price drops by 50% and there is no longer promotion on social media. It will collapse quickly.

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December 29, 2023, 08:05:10 AM
 #19

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?
Its your call and its your choice whether you would really be buying and holding SHIB for long term.

Just a few reminders.

1. Making a custodial wallet and holding up assets for long years isnt advisable.
2. Store SHIB into those wallets which you do fully have access or possess its keys
3. Dont make yourself that been too assured for things to be happened positively.
4. Dont easily get shilled or being affected by Fud.

In overall, if you do really know on what you are doing then its your call and dont bother out on someones advises because
we are all investors and speculators on here on which there's no way that we could really be able to predict on what would happen in the future.

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December 29, 2023, 09:25:21 AM
 #20

I'm thinking of buying 1B shiba Inu coin on binance <im verified with binance p2p >and keeping hold it for more 10 years I guess. Genuine question, will shiba come to 0.002$  within?

The only one that can answer this question is yourself since its your own money you are investing. But if Shiba will reach $0.002? No I doubt it, it's to many new project coming and already more attractive meme coins.
So IMO it would be a stupid decision. I would dig deeper for a better coin/token to invest in. But nobody knows and if no risk no reward, so if you feel it's worth a shot, go! Don't listen to others it will just make you insecure about your decision.  Cheesy

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