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Topic: How did those who bought SHIB (Shiba Inu Coin) at five zeros in the early days d (Read 96 times)

legendary
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Shib is not at the price you posted in the OP, but nonetheless, it had quite some hype few weeks back, the thing is basically that if you want to make profits from this sort of "lottery" coins, you need to discover/purchase them early enough and then sell them when they pump, they are not long term coins, but rather pump and dump, and if you don't sell them when you have earned yourself some ROI, then they could prolly dump on you.

Having said that, buying such shitcoins when they have just pumped is a risk, more often than not, they would not pump any further, but rather spiral-down beyond ones imagination, if you aren't lucky to get them when they are new and cheap, then don't buy them when there is hype surrounding it.
hero member
Activity: 2912
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SHIB has been on Weibo several times this year and has entered more people’s eyes. But at this time, the price of SHIB is already above 0.0001. So how did people who bought SHIB at a price of a few 0.00000 early discovered this coin? ? On which platform did you find it?
Of course, they are making a lot of profit, but that is only if they bought a big amount of SHIB. Maybe some of them already sold their SHIB and took their profit, but some others still hold the token and wait for the other rally for the token. I do not have that token but I only heard that some of my friends already bought it at a low price but they do not sell it. I am not sure if this token can increase so high and break $0.001 or even another high price but if more support comes to that token, the price can increase higher.
sr. member
Activity: 1610
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I never heard this coin before Dogecoin, but I suppose that it became that popular just because Elon Musk hyped Doge and Shiba Inu is somehow related to the image of the meme "Doge" that we all know for sure that are popping up in our meme pages that we stumble upon commonly.
It is all purely hype. I don't even know how this coin just like jumped suddenly into trend.
sr. member
Activity: 1876
Merit: 259
You need to take a look at the recent price before throwing random price which is far from what you posted. It's in five zeros now and you think it's worth to buy? I guess not yet until it breakout from a pattern, it looks like the show was over for some meme coins this time around.

Looks like he's been dreaming too long, because I see the highest price of shiba is only $ 0.000038.
As for the people who bought these coins early, they mostly found it on some Telegram and Twitter channels, believe me they are just trying their luck and most of the random people you find on the Telegram channel are scammers.
hero member
Activity: 2030
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You need to take a look at the recent price before throwing random price which is far from what you posted. It's in five zeros now and you think it's worth to buy? I guess not yet until it breakout from a pattern, it looks like the show was over for some meme coins this time around.
hero member
Activity: 1540
Merit: 507
some people stumble upon SHIB and then buy it, it's that simple man.

I heard SHIB was initially available in uniswap only and as you know the jargon of being the next doge some people get interested and buy, those people are lucky ones, back then it wasn't really popular but i can recall seeing some transaction in etherscan about SHIB, they bought
with few hundred dollars and turn it into hundred thousand. i guess people mostly know it from some forums.
member
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SHIB has been on Weibo several times this year and has entered more people’s eyes. But at this time, the price of SHIB is already above 0.0001. So how did people who bought SHIB at a price of a few 0.00000 early discovered this coin? ? On which platform did you find it?

Is SHIB really at $0.0001? I check on coinmarketcap and the price is currently at $0.0000059, which is still at the price that you are claiming early investors bought it. Anyhow SHIB has a circulating supply of 500 trillion (currently 394 trillion) and that really high number of circulation for a cryptocurrency to rise in high value. Though the promoters expect it to hit $0.01, it highly unlikely to happen.

Anyhow, SHIB claims to have real projects like Shibaswap, NFT projects, Shiba rescue projects, etc. But that would also mean that we would need to wait until SHIBA INU to rise in price.
full member
Activity: 966
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I bought some SHIB coin before and leveraged it to x5 I can say that I earn pretty good profit in this coin but honestly this kind of coins were not good for long term hold since this kind of coin doesn't have any use at all just like the DOGE I think their aim was to defeat or compete with DOGECOIN. I think some people who buy this coin on its early days have a good profit now.
legendary
Activity: 2268
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SHIB has been on Weibo several times this year and has entered more people’s eyes. But at this time, the price of SHIB is already above 0.0001. So how did people who bought SHIB at a price of a few 0.00000 early discovered this coin? ? On which platform did you find it?
First of all dude you need to post this thread or move it to altcoin discussion. As this is bitcoin discussion.


Shib is a shitcoin and many have bought so early when this memecoin still at uniswap. Probably many become millionaires and billionaires instantly due to the hype it did bring to the market.

Note: Move this thread there used the move topic button below. Thanks.
jr. member
Activity: 70
Merit: 1
SHIB has been on Weibo several times this year and has entered more people’s eyes. But at this time, the price of SHIB is already above 0.0001. So how did people who bought SHIB at a price of a few 0.00000 early discovered this coin? ? On which platform did you find it?
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