the most striking fact about shiba is that shiba has very good exchange support,
reminds Shiba with Doge in the past, and I call it Doge V2, just imagine, shiba is just a meme coin,
but already supported by exchanges like Binance, Bitfinex, and even Robinhood, very special
Topic: Fact about Shiba - page 4. (Read 516 times)
I think it's always like that with meme coin, the early birds makes the most in term of gaining good returns.
in fact shiba inu was valued really low back then basically you could literally makes millions from just few thousands dollars investment that's already such a great feat if you could make that miraculous flips in your investments.
regardless though investing in meme coin if it's already popular is just wasting your money.
in fact shiba inu was valued really low back then basically you could literally makes millions from just few thousands dollars investment that's already such a great feat if you could make that miraculous flips in your investments.
regardless though investing in meme coin if it's already popular is just wasting your money.
Shiba Inu was profitable for early investors, but it's not likely it's going to continue profitable for late investors. In fact, I'm not even sure if we could call this an investment, because memecoins are more likely lotteries than anything else. You have to be lucky to enter the hype on the right moment and to leave with more money than you came in first place.
The future of altcoins' market is still unforeseen. All the trends are over. For the next bull run we might wait for the revival of something we have already seen before, like NFTs or the beginning of a new concept nobody knows precisely yet what it's going to be exactly.
The future of altcoins' market is still unforeseen. All the trends are over. For the next bull run we might wait for the revival of something we have already seen before, like NFTs or the beginning of a new concept nobody knows precisely yet what it's going to be exactly.
the fact is, shib is a meme token, where it can easily go down the drain once the team behind it decides to run away from this market. just like many stories of meme tokens which disappeared as their respective team pocketed whatever they had. this token for me is not a good choice for long-term holding, you are always on the lookout if it will be abandon or not.
Shiba Inu was profitable for early investors, but it's not likely it's going to continue profitable for late investors. In fact, I'm not even sure if we could call this an investment, because memecoins are more likely lotteries than anything else. You have to be lucky to enter the hype on the right moment and to leave with more money than you came in first place.
The future of altcoins' market is still unforeseen. All the trends are over. For the next bull run we might wait for the revival of something we have already seen before, like NFTs or the beginning of a new concept nobody knows precisely yet what it's going to be exactly.
The future of altcoins' market is still unforeseen. All the trends are over. For the next bull run we might wait for the revival of something we have already seen before, like NFTs or the beginning of a new concept nobody knows precisely yet what it's going to be exactly.
~
To be fair, the post-Musk era still holds from what I can see in the news. It is cheaper that is why investors are now buying it plus it is a meme coin which I am not really fan of as they do not have any utility at all and have no purpose in my wallet at all other than "possible profit" which I am not going to hold my thoughts at since it is a meme coin anyway.I am not into hypes as well so that eliminates another reason.
We all find it hard to move on from a project that did incredibly well, many are still buying Shiba inu today because they believe it can do another 1000% gain in future but the reality is I don't see how anymore, don't get me wrong, Shiba will still be a profitable investment but what I have learnt so far about making the biggest gain in crypto is becoming one of the earliest investors, before the project get popular you should be in, that's when you should be expecting 100x - 300x.
You forgot to mention you need to have a first hand information about the launch of such projects. No doubt you stand the chance to gain alot if you have to the chance to participate as an early adopter. You should also note not all projects are worthy irrespective of having the chance to participate early.
We all find it hard to move on from a project that did incredibly well, many are still buying Shiba inu today because they believe it can do another 1000% gain in future but the reality is I don't see how anymore, don't get me wrong, Shiba will still be a profitable investment but what I have learnt so far about making the biggest gain in crypto is becoming one of the earliest investors, before the project get popular you should be in, that's when you should be expecting 100x - 300x.
There is no doubt that Shiba Inu is one of the most successful meme coins ever. And this is the coin that forever altered our perception of meme coins. And I also agree with a point of yours; that is, you say it is really tough to achieve more than 1000% for Shiba Inu. I agree, but sometimes I think the market is in a slump, but the Shiba Inu still performs well; then, when the market recovers, is it possible to make more than 10x profit? I thought it was because of the strongest team behind Shiba Inu. Let's see what happens with this coin. I hope it will give us some profit. Despite the fact that we are not the first to have a Shiba Inu. But we only have some hope for it.
Shiba wasn't the only meme coin that bring insane rewards, we have safemoon, babydoge and few others but the cheat is getting in before loads of people find the project, not a good strategy in a bear market but very good in bull market, I saw few friends gambled with 100$ in every new meme projects and they made tons of money, few turned scam but the ones that aren't bring excellent returns.
We all find it hard to move on from a project that did incredibly well, many are still buying Shiba inu today because they believe it can do another 1000% gain in future but the reality is I don't see how anymore, don't get me wrong, Shiba will still be a profitable investment but what I have learnt so far about making the biggest gain in crypto is becoming one of the earliest investors, before the project get popular you should be in, that's when you should be expecting 100x - 300x.
Shiba has surprised meme token holders with high profits. But not a few other meme tokens that make losses to the holder. Many take advantage of the existence of Shiba meme tokens by developing other meme tokens as a bridge for investors.
There was nothing wrong with Shiba, but many fake Shiba appeared after that. If you check the Dex exchange, there are hundreds of meme tokens both associating their names with Shiba and those unrelated to Shiba.
The $10 we spend on meme tokens isn't a huge amount. However, if we join 10 meme projects it will cost $100. So my advice, limit your sensations even if they are real.
I still like Shiba and that's why I have very few but believe me I don't expect the project to reach 0.01$ in next bull market like some people did, whatever project that's going to surge hard like Shiba inu no one will saw it coming, that's a fact.
You have a point but if someone like Elon takes on Shiba in the future then another insane pump is possible, this is not guaranteed but it's not bad having some millions of Shiba tokens in your wallet, either massive pump or not this project will still be profitable on the long run.
There's nothing wrong with risking as long as we know the consequences of it but we shouldn't always rely on Elon's statements because some investors already know what to avoid while others are just taking advantage of the coins that he hypes. If he influences a coin, it doesn't mean that it could strike a good price again. Things could never be the same again because most investors already know that Elon only benefits by manipulating meme coins.
shiba token is an alt coin. To tell the truth, it is never possible to say whether it will make a profit or not. Yes, it is true that this token is very good. And if one buys and holds it, one can get a lot of profit in the future. Because the market is moving in a good direction at presentSo it can be said that it will go towards further improvement in the future.
Don't get your hopes up on Shiba, buy and hold maybe one day it can turn out to be just like Doge coin but instead focus on newer innovations being built in the crypto space right now, yes we are in a bear market but that's the best time to start building, look for good projects that haven't pumped over the roof like Shiba, next bull market will be interesting.
making the biggest gain in crypto is becoming one of the earliest investors, before the project get popular you should be in, that's when you should be expecting 100x - 300x.
At this point, you are right to be an early investor before the project explodes in the market so you benefit. but not a few early investors also lose more in other words deceived. Here Shiba Inu is a strong project and has considerable support many investors are also entering because Shiba Inu was able to attract attention when it first entered Binance. Now all investors have taken advantage of it and we come with high hopes that it will happen again. No one knows because investing in the long term can answer all of that.
You have a point but if someone like Elon take on Shiba in future then another insane pump is possible, this is not guaranteed but its not bad having some millions of Shiba tokens in your wallet, either massive pump or not this project will still be profitable on the long run.
In terms of gains I think shiba Inu already did a lot. Lucky investors have already shared wealth from their bought cheap tokens before. How I wish that I also bought some back during the day it is so cheap. But of course who knows what will be the future right. I think those who bought probably didnt realize also that it will skyrocket later on. So if you are a shitcoin risk taker then congrats on a life changing experience.
We all find it hard to move on from a project that did incredibly well, many are still buying Shiba inu today because they believe it can do another 1000% gain in future but the reality is I don't see how anymore, don't get me wrong, Shiba will still be a profitable investment but what I have learnt so far about making the biggest gain in crypto is becoming one of the earliest investors, before the project get popular you should be in, that's when you should be expecting 100x - 300x.
Jump to: