Buying shib right now - page 8. | Bitcointalksearch.org

Fivestar4everMVP

legendary

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

Haha, I don't wanna say much, I want to image below the say it all, shib and the likes are nothing but shitcoins built on nothing and are certain to fail at some point some day, as I type this comment, Shiba inu is already down more than 20 percent since yesterday...
The below image is for guys like you, be careful to make sure you are not gambling with your money but investing it.

dastardleek

newbie

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I've seen a lot of headlines that SHIB's only reason for the pump is Elonposting

But was there any fundamentals behind the last pump? A whale buy-in?

If not the latter we'll probably drift down to around ~0.000014
Still this pumping potential is a good sign for a coin I'd say. Elon's not going to suddenly stop posting about his doggo. The question then is WHERE to enter best...

ethereumhunter

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

The important thing is that you can buy any coin, including Shiba, when the price is low. Maybe waiting for another correction will be better because sometimes, the price can drop deeper so that will be your time to buy Shiba. But if you decide to buy now, you can panic when the price can not increase instead of getting down. It would be best to research before you buy to know when the time for you to buy Shiba comes so you can buy at a low price. But that will not guarantee if the price will not go down for more after you buy.

chaser15

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

It's up to you. What does your risk management tell you to do? It's an overhype to me and soon it will crash. That's what I looked at in the situation. If you just like to hold it for longer then any price is a good entry. And more importantly, once you buy hundreds of thousands of it, don't expect and dream a $1 price on it soon.

It's hard for SHIB to meet that expectation.

samcrypto

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Its too late to ride for me because the price pump already and a big correction is about to happen so better to wait for the price to go down again and buy more because SHIB will still go up because of the hype so that’s a good opportunity to buy and sell with SHIB and play short.

We know meme token are more of a hype so its not ideal to buy when its pumping too much, its already overbought and see, its correcting now so you can buy some for now and buy more while its down. Too risky to hold for long term though.

sikke

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

Using all these indicators on a meme coin is not going to end up well, haha.

Nobody is able to tell you whether or not the price of Shib is going to go up, down or stay sideways.

But I do think that given a large pump has already passed and the project itself doesn't really have any substance, you're probably better off sitting this one out.

carlfebz2

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Quote from: Meta anggraini on October 07, 2021, 05:28:46 PM

Playing technical analysis on Meme coins is a bit risky, moreover u already know in rsi its already overbought. Its a double risk if you believe on Memecoins over the technical analysis.
My suggestion is, buy another.

People dont realize about those overbought situations but instead they do really make out some FOMO feeling on these times and i feel sorry for those people who bought into the peak.

Checking the price of SHIB as of this moment.It is currently going down and its already -20+% and i wont be surprised if it would go as low as 80% or something like that.

This is the common result for those people who dont make any research and hooked up with their greed.

Meta anggraini

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Playing technical analysis on Meme coins is a bit risky, moreover u already know in rsi its already overbought. Its a double risk if you believe on Memecoins over the technical analysis.
My suggestion is, buy another.

tabas

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

You said that you're jumping because of the hype. You should look at how quick it goes on a drop and you'll be thinking that you'll catch the falling knives.
That's not a good strategy IMHO and even if you want to have some huge discount buying it, you are not sure if it will pump next.

adzino

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

If you are willing to risk it, then go ahead. The price already went up by 300% in just two days. There were people that were holding since the last all time high. So eventually they along with others will start dumping their coins causing the price to crash. It's already going down right now. Remember, its a meme coin with no certain future (so was dogecoin). If you are willing to risk and can afford taking the risk, then go ahead. Or else invest somewhere better.

crzy

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

You know what’s next if the chart tells an overbought level?
Well, just look at the market now the price goes down again and if you feel that FOMO, you might be the new hodlers of SHIB that are trapped on top. This is a good advice though, I don’t encourage people to buy because of FOMO better to analyze it properly and invest wisely.

haidil

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LOL, this is not good trading advice. Where is it possible to enter when the price is in a state of increasing. Very reckless and do not think long about the risks that will be borne. Crypto always has a cycle of ups and downs, so when you only see it currently going up and suggesting someone else to buy means you have lead someone else on with misleading trading advice. Just because you are left behind are you willing to make rash decisions.

Boomber

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if I personally would never to buy SHIB, even though the price of SHIB has increased very high these days, but still it doesn't make me interested to investing in SHIB, because in my opinion meme coin has no function, so it makes me not interested to investing in meme coin, therefore I will never to invest in SHIB until whenever.

$crypto$

legendary

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Quote from: babygun on October 07, 2021, 08:32:09 AM

Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

It has jumped in 3 days time from $ 0.000008 to $ 0.000034 without any real reason (besides a tweet from Elon Musk). Investing in this right now, is doomed to fail.
Yes, it can go still go higher but Shiba Inu is a memecoin without real use, so the dump will come, the only question is when lol.

There is still an influence on Elon Musk who tweets about Shiba dogs, so people get carried away by the sensation and buy more Shiba tokens that's Fomo sometimes people who follow him will get stuck, I think this trend for 3 days is over now and the price has gone looks down again.

Shiba inu are indeed meme coins but they have large holders like dogees even without any real use but these tokens have been able to fly from lower prices until now, despite all this due to the influence of big people.

JeffBrad12

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Should I just wait a bit for it to come down some then buy?

It's starting to go down again. becareful with another dump that may happen on shiba
https://coinmarketcap.com/currencies/shiba-inu/

Quote from: kiddex on October 07, 2021, 02:30:03 AM

this still going through the roof

Your expectation was too big until you forget if the bullish or pump won't be so long. Take a look at the 1D chart and it's starting to go down again. You must be careful when investing your money. If you're thinking it's too late to get into the coin that has been getting a pump and then forget it and move on. You have a bunch of coins that are really worth investing. You must act as investors. Don't be fooled by the team and always buy when it was dipping.

Quote from: kiddex on October 07, 2021, 02:30:03 AM

I should get on now?

You should not get on it now. Be patience

Fakhrulenclix

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

buying when the price is rising too sharply is very risky to lose, I think you should postpone the plan to buy shiba first. wait for the price to fall again because it is very likely that when a coin experiences a very drastic increase in a short time it will return to its base price in a short time.

babygun

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

It has jumped in 3 days time from $ 0.000008 to $ 0.000034 without any real reason (besides a tweet from Elon Musk). Investing in this right now, is doomed to fail.
Yes, it can go still go higher but Shiba Inu is a memecoin without real use, so the dump will come, the only question is when lol.

TastyChillySauce00

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

You should, shiba has not yet got another correction after a big pump and there will be a possibility for the correction to come very soon. If you wanna short it and then that's up to you but you might aware with the risk by shorting the coin that has almost reached the peak price for its pump. I have made 4x from shiba in less than a week and i will be dumping my coin very soon if there will be a red candle will come. You must always watch the market. It may go even higher but is not it too risky for you when the price will plunge again?
You can imagine if that's quite easy for shiba to get another 20% - 50% correction once the pump will be done. The greend candle will never last forever and you must remember this.
Think again and choose the wise decision for your money.

arifteguhr

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

If you buy at this time with a very large increase, then the potential loss is very large if it decreases in the near future, because if a coin can go up so big in the near future, then when it decreases it will also be like that.

Ararbermas

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Quote from: kiddex on October 07, 2021, 02:30:03 AM

Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

shib already showing an uptrend in the market mate 10/06, so there's a potential it will going down to the current support level again which is around 0.0000216 within 24 hours on this date10/07 in my view after this trend. because market still not showing a strong bullish sign fyi.. If i were i will try to check the wide timeframe so that you can see how it really performed since the market turn into bearish..
And also i suggest to stop using one indicator, wherein use more so that you can get the real direction of the growth rate . It's very useful technique especially on this situation that the market still not fine and there's a bunch of false breakout..

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