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Topic: Is Shiba Inu Coin a better investment than Dogecoin? - page 9. (Read 2212 times)

member
Activity: 350
Merit: 15
In recent days, many are disappointed in their investments in SHIBA, the robots triggered STOPs, positions in LONG are closed with losses. The managed coin behaves like this, a hype sets in, inexperienced players (not traders) enter at the highest price and sell 30% cheaper than they bought. Classic.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
you already mentioned that those are meme coins, no use at all! People just putting their money on these because of fun.so It is tough decision if anyone think about those for long term. If ​we talk about shiba, its a brand new meme coin with big hype of this year. It has less possibility to survive till ten years, to me but on the contrary doge is surviving for long without hype, so it could be survive till ten year and could be better over shiba inu.

i have the feeling that sooner or later, shib will have a disappearing act also just like this squid game token. they are just surviving because even binance listed it. but what is the purpose of this meme token in the first place?
if you can't answer this simple question. then, you know, this token is not for long-term holding. if you are a holder, better cash out wile you are still in profit. because once the hype is over, for sure, this one will decline fast. and you will be holding worthless tokens for nothing.
whereas, with doge, even if the hype is over, we know, they will stay. they may go back to where they were but they will survive.
legendary
Activity: 1722
Merit: 1014
Shiba is a clone - secondary project if we compare it with Doge. Dogecoin is more predictable I think - it will hardly die in the nearest 5 years. And it's being pumped from time to time - so we can use this behaviour  Wink
sr. member
Activity: 1115
Merit: 253
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you already mentioned that those are meme coins, no use at all! People just putting their money on these because of fun.so It is tough decision if anyone think about those for long term. If ​we talk about shiba, its a brand new meme coin with big hype of this year. It has less possibility to survive till ten years, to me but on the contrary doge is surviving for long without hype, so it could be survive till ten year and could be better over shiba inu.
hero member
Activity: 2870
Merit: 594
This has been a debate for many weeks now.

But for me, there's no such thing as better investment, not in meme coins because they can simply die away in an instant. Someone mentions Squid? I think it has been dump hard as well after the people behind have make their money already.

Same is going to happen on Shiba, many wise investors are going to sell it off once they see that there's no more hype on this one, simply as that.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Just one single tweet from Elon Musk and Shiba Inu value would drop multiple times. Trust me. I am not series about future of meme coin either.
There is dogecoin, that been here about for ages. Shiba Inu is just half a year old. Appear suddenly, and can disappeared also suddenly. Shiba Inu is like "trade while its hot". Just a trend, that someday will be over.

You say that Shiba Inu will last for long period, 10 years. Only due to its large community? This community will migrate as soon a new trend altcoin will appear. Squid tv series and squid coin is popular now. Just sit and watch how it will migrate.

Exactly. "Meme" coins aren't meant to be taken seriously, since they were only created as a joke. They're speculative assets that could either go up or down in an instant. People are just into SHIBA INU because they believe it's going to become the next "Dogecoin". But it really doesn't work that way. They seem to be missing the fact that crypto is all about usability, NOT speculation. As long as a specific cryptocurrency is useful, it'll stand the test of time. Neither of the aforementioned coins have intrinsic value, so there's that.

I'm afraid SHIBA INU will die in the long run, as people move on to the next big thing in crypto. Only Dogecoin will survive because it's an old cryptocurrency with strong community backing. But rest assured it won't be worth as much as it is right now because of the reasons mentioned before. At least, there's healthy competition in the crypto/Blockchain space. As long as decentralization is prioritized, nothing else matters. Just my thoughts Grin
sr. member
Activity: 1428
Merit: 250
What Dogecoin and Shiba Inu have in common is that they are both based on the small bear-like breed of Japanese dogs. Both have communities of loyal fans, supported by a culture of light-hearted memes and active social media channels.

Sadly, neither has a lot of real-world utility. You can use them both to pay for certain things, and Shiba Inu has a decentralized exchange called ShibaSwap (which is mostly useful for generating more SHIB-related tokens). But their lack of functionality hasn't stopped them from taking the crypto world by storm. Each has a similar market capitalization to a large multinational company.
member
Activity: 434
Merit: 10
Doge, it took eight years to get this big although many were dismissive from the start for thinking it was a joke. Shiba was created to be a competitor of the doge, and in one year it became a threat even though it was considered a meme coin. But looking at Elon's tweet about the doge he's going to fly to the moon, I think doge is better.
full member
Activity: 1526
Merit: 110
DOGECOIN and SHIBA INU are both memecoin. Their CoinMarketCap rank is 9 and 10. Their rank among themselves is changing from time to time. If one wants to invest in memecoin, one can choose between the two. However, it would not be right to invest long term here.
full member
Activity: 630
Merit: 100
To say dogecoin and Shiva inu does not have use case value is a wrongly put, Dogecoin and Shiva inu for that matter do have good use case value. Dogecoin been memecoin entertain it's community of dog lovers. Dogecoin also sponsors outdoor event to bring awareness to cryptocurrency. In those, stand out for cryptocurrency was a big deal unlike now that everyone want to invest in cryptocurrency!
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
I said about this topic is that anyone want to invest money in crypto in long-term investment so choose a old good coin because these are a new coin not any Gurrentty about  the coin will servive in what time .

And the DOGECOIN and the SHIBA INU are strong project anyone choose any coin  the best projects it will get bright future amazing project.
sr. member
Activity: 1022
Merit: 252
Yes Shiba Inu is better from my point of view.  Lips sealed Lips sealed Cool

Both are bad for long time investment, new people in crypto broke the crypto environment by pumping meme coins and ignore good coins with good developers and goo future plan projects which will make the devs who really serious with their projects will feel bad and maybe they will just make a hype coins instead of developing the real blockchain system.
So i hope this meme coins hype is over soon for a better crypto environment
legendary
Activity: 2520
Merit: 1218
Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
Maybe you are not serious about holding shiba so you still think of shiba as a joke coin. how can you say shiba will not last for the next 10 years? Just look at now Shiba already has a large community! I'm sure with that shiba will have a strong value and have a good future.

Just one single tweet from Elon Musk and Shiba Inu value would drop multiple times. Trust me. I am not series about future of meme coin either.
There is dogecoin, that been here about for ages. Shiba Inu is just half a year old. Appear suddenly, and can disappeared also suddenly. Shiba Inu is like "trade while its hot". Just a trend, that someday will be over.

You say that Shiba Inu will last for long period, 10 years. Only due to its large community? This community will migrate as soon a new trend altcoin will appear. Squid tv series and squid coin is popular now. Just sit and watch how it will migrate.
full member
Activity: 1036
Merit: 100
Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
Maybe you are not serious about holding shiba so you still think of shiba as a joke coin. how can you say shiba will not last for the next 10 years? Just look at now Shiba already has a large community! I'm sure with that shiba will have a strong value and have a good future.
full member
Activity: 644
Merit: 100
From many discussions and analyzes conducted by experts, it is stated that Shiba Inu will enter the top 10 this year, and this of course there will be many changes and this can also show that SHIB is a very profitable coin for every investor who is in it, and for that I who invest in shiba will feel very happy because the estimated assets that I have obtained have exceeded 180% so far
member
Activity: 686
Merit: 21
shiba is quite active compared to doge coin, it will add more life time for shiba inu but both are speculative assets at the moment. We don't need to save it for long-term investment but use it for profit. But remember that the risk of following the hype is very high, it is better to use small funds there.
I know is what people will say about Doge but when doge was doing well many people rush and invest until the growth start to moving sheepishly now shiba Inu is better and encouraging to buy than Doge coin because of people description, i believe soon what happen to doge will happen to shiba Inu. I did not have any of them all are good to hold for long time investment, comparison can make us to lose focus in any of this out coming coins.
member
Activity: 301
Merit: 16
shiba is quite active compared to doge coin, it will add more life time for shiba inu but both are speculative assets at the moment. We don't need to save it for long-term investment but use it for profit. But remember that the risk of following the hype is very high, it is better to use small funds there.
legendary
Activity: 2324
Merit: 1604
hmph..
Many of them will get burned and I don't recommend to buy dips with Shiba. If it rose in surprise, it can dive in surprise as well.
What you say is very true, know what to invest in, don't judge from what you get now. We just learned from the BCC case, the hype was excessive, the price was high and it was considered the-next bitcoin by people, but in the end Bitconnect then gone because they were running a ponzi scheme. Shiba is not the same as them, the lesson is, we can laugh when the market is bullish with x20, 30 or whatever. But we remember, there are times when it will experience a surprising correction. Stick to planning, investing in BTC will likely be much safer than investing in Shiba if we intend to hold it long term.

However, this is just a suggestion, if anyone feels okay, go ahead, because it's at your own risk. I'm not hate shiba, but i don't have good mental to join their trains for trade or invest.
full member
Activity: 760
Merit: 104
Moonbet.io
Yes Shiba Inu is better from my point of view they are launching recently Shiba swap and this kind of more projects this year. but These aren’t serious projects for real investors there are many projects you can invest in.
Shiba is only interested for a moment and is not prioritized for the long term, so there is no need to force the will to own Shiba in the long term, because such projects will always exist in the future with the same hype.
Exactly what you are saying, because both coins could have instantly dropped dramatically at a very bad price.
But for short-term investments, I'm interested in joining the speculation with both coins to make a profit.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Moonboys  Smiley There is no community only personal bags and profit. LoL
It’s all speculation and no substance behind it, be careful. It could continue and it could instantly flip

And at the end of the day real use cases win

Exactly. It's all about hype, rather than providing real use cases in the mainstream world. I wouldn't count on Shiba Inu nor Dogecoin as a serious investment because they're simply speculative crypto assets. Prices on the market might continue to pump, but it'll all go down the drain faster than you could've ever imagined. I wouldn't be surprised if SHIBA fades away into oblivion due to loss of interest from people in the mainstream world. Dogecoin will be the only "meme" coin that will survive simply because it's an old coin with a community backing it every step of the way. What matters is usability above all else. As long as the cryptocurrency you're investing into is usable (not hyped or shilled by anyone), you'll have nothing to worry about. Just my opinion Smiley
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