Is Shiba Inu still worth it? - page 6.

Jody.Drummer

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Quote from: Baoo on March 27, 2023, 10:16:14 AM

In my opinion, SHIBA Inu isn't a solid project, it's basically a meme token with a huge community. And to be honest, it's not easy to predict its price especially in middle and long term but for me, If I had a big amount of SHIBA, I would take the risk and hold it for 1 year. In fact, the more you have amount of tokens with low prices( like, Shiba, Dogecoin, Tron) , the more huge gain you get in pump.

In addition to that, it is true that this coin is currently on TOP 14 with a high market cap value ( $6.3B) and volume ( $189mill ) in 24h and probably in next bull , the price will increase *2 *3. Keep your eye on it and get prepared for upcoming events.
And remember, most of these altcoins are BTC and ETH's followers.
The whole market is literally based on them.

This is definitely what happens when in a token like this. But on the other hand, when expecting a pump, which is uncertain, it's clearly not worth it, in my opinion. Indeed, in this case I have enough respect for you because you are indeed taking a big risk, but on the other hand, when you say this to new people or beginners, it will clearly be misleading so that their dreams are very big. I think for a condition like this for myself it's not a problem but when saying things like this the purpose is to invite other people I suggest not to do that.

Baoo

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In my opinion, SHIBA Inu isn't a solid project, it's basically a meme token with a huge community. And to be honest, it's not easy to predict its price especially in middle and long term but for me, If I had a big amount of SHIBA, I would take the risk and hold it for 1 year. In fact, the more you have amount of tokens with low prices( like, Shiba, Dogecoin, Tron) , the more huge gain you get in pump.

In addition to that, it is true that this coin is currently on TOP 14 with a high market cap value ( $6.3B) and volume ( $189mill ) in 24h and probably in next bull , the price will increase *2 *3. Keep your eye on it and get prepared for upcoming events.
And remember, most of these altcoins are BTC and ETH's followers.
The whole market is literally based on them.

nazmul30

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This is always the same amount my friend. They are still waiting for the altcoin season as they hope Shiva will rise again. I still have Shiva which I bought when the price was going through a deep correction. But I can't say whether Siva is worth building as a coin deposit in short, medium or long term as it depends on investor response. But Shibarium seems to be something that investors have been waiting for and many of them are convinced that it can boost the price of the altcoin when it arrives.,,

robattfield

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Quote from: Questat on March 23, 2023, 08:46:12 AM

Quote from: robattfield on March 23, 2023, 08:15:19 AM

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That is still in doubt and speculation as we can't assume that this upgrade or this development will help to keep Shiba Inu on track.
Yes, it was indeed seeing Shiba Inu is on fire during the last bull season and really getting attention from many and they make money for it. But as we take a look at the market chart, Shiba Inu had recently dumped badly and they'll think that this Shibarium project could change the situation and give positive results. Yet, it remains uncertain because it was a meme coin and had no real usage.

Well, in my opinion ShibaInu will continue to bring another hype in this market. Since we have to admit that they have a large community and it's easy to follow the crowd, in theory compared to cryptocurrencies in this market Shiba isn't particularly impressive, but hype and fomo from the crowd has made it one of the biggest and fastest growing cryptocurrencies.
And sometimes the things that we are still hesitant about it, I will accept a little risk, spending a small amount of capital to DCA from this point on is not a problem for me.

Questat

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Quote from: robattfield on March 23, 2023, 08:15:19 AM

Quote from: FirmWars on March 23, 2023, 07:58:30 AM

Very hard to predict this one, I heard the shibarium is more like a privacy layer 1 project, and Bone tokens will be used as gas, good strategy from the developer, this can still makes Shiba inu an attractive project for retailers and others, but do not expect big gains like a thousand x it did before.

We all know this coin as the standout star of the market during the last bull cycle. And you need to understand that in order to get to the current position, I firmly believe that the sharks holding Shiba really want the project to develop long-term, not just stop at a meme. I have heard of plans to develop a private network, but I think it will take more time to properly assess the potential or risk.

That is still in doubt and speculation as we can't assume that this upgrade or this development will help to keep Shiba Inu on track.
Yes, it was indeed seeing Shiba Inu is on fire during the last bull season and really getting attention from many and they make money for it. But as we take a look at the market chart, Shiba Inu had recently dumped badly and they'll think that this Shibarium project could change the situation and give positive results. Yet, it remains uncertain because it was a meme coin and had no real usage.

robattfield

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Quote from: FirmWars on March 23, 2023, 07:58:30 AM

Very hard to predict this one, I heard the shibarium is more like a privacy layer 1 project, and Bone tokens will be used as gas, good strategy from the developer, this can still makes Shiba inu an attractive project for retailers and others, but do not expect big gains like a thousand x it did before.

We all know this coin as the standout star of the market during the last bull cycle. And you need to understand that in order to get to the current position, I firmly believe that the sharks holding Shiba really want the project to develop long-term, not just stop at a meme. I have heard of plans to develop a private network, but I think it will take more time to properly assess the potential or risk.

FirmWars

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Very hard to predict this one, I heard the shibarium is more like a privacy layer 1 project, and Bone tokens will be used as gas, good strategy from the developer, this can still makes Shiba inu an attractive project for retailers and others, but do not expect big gains like a thousand x it did before.

kak uli

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Quote from: JamesDaniel90 on March 03, 2023, 08:19:48 AM

I have 20 million but haven't bought any for over 6 months as I only bought at the time as I was fairly new to crypto and it was low compared to its all time high but I now understand market cap etc.

With its current market cap at $6.3b, how high can this realistically go? Is $100b possible? That would give it a 16x from current price if so which would be good.

With the release of Shibarium due this year I do think this will see the price rise but how much im not so sure?

I think it just depends on market conditions. but if you look at the many communities that talk about the future of the shiba inu, I think it's still worth holding on to and investing in. Apart from that, for now, I have noticed that there is a movement of shiba inu on the market and the position on the exchange has not decreased, which also makes me more confident about the future of shiba. Yes, hopefully there are still memecoins that can give their holders big profits

Mr.sprin

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shiba inu is still worth investing in. I think there are also those who think out there that shiba coins are not worth investing in. Their reason is that shiba coins are just coin memes, but even though there are many issues like that, I still believe that shiba coins will have time to go up and that definitely will happen not now maybe will happen in the future.

Psynthax

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already having too much value I don't think it's good investment, compare it with L2 nowadays, the increase rate of shiba and other meme coins in general are subpar, i'd say it's good investment back then when still isn't this big but nowadays there are simply too many that are better investment and have better utilities too, meme coin should be out of your investment portfolio.

RealMalatesta

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Quote from: Pamadar on March 20, 2023, 01:03:36 PM

Quote from: carrie_white on March 20, 2023, 10:01:29 AM

meme coins like doge and shiba inu, maybe we still have hope in the future, we can never guess what will happen in the future, just invest a safe amount in meme coins like doge and shiba inu don't expect too much

We can never guess as there are playing hands behind these two meme coins, once they start to pump the coins we will see huge movement that may magnet and attract investors to invest in and join the ride.

All you need to do is to make sure that if you'll going to make your investment you are willing to take 'the
risk and you are willing to wait for longer time.

Those people or groups or whoever that pumps these type of meme tokens are the main reason for most people to lose money as well. I personally hope that nobody has to deal with these kind of stuff ever again because it was a period where plenty of people made money and that's great but then even more people lost.

I still see every single day when Elon tweets something, there are people begging him to pump doge so that they could recoup their losses, they keep telling their own story of how they lost everything to doge because they "trusted" Elon and Elon should help them recover it. This is basically the reason why you should always stay away from meme projects, because there is really no reason for them to get better.

Pamadar

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Quote from: carrie_white on March 20, 2023, 10:01:29 AM

meme coins like doge and shiba inu, maybe we still have hope in the future, we can never guess what will happen in the future, just invest a safe amount in meme coins like doge and shiba inu don't expect too much

We can never guess as there are playing hands behind these two meme coins, once they start to pump the coins we will see huge movement that may magnet and attract investors to invest in and join the ride.

All you need to do is to make sure that if you'll going to make your investment you are willing to take 'the
risk and you are willing to wait for longer time.

carrie_white

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meme coins like doge and shiba inu, maybe we still have hope in the future, we can never guess what will happen in the future, just invest a safe amount in meme coins like doge and shiba inu don't expect too much

kotajikikox

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Quote from: ije07 on March 13, 2023, 01:42:08 PM

As I said, the market conditions in Q2 got a very good price,

when did you said that? and the market condition GOT A VERY GOOD PRICE? we are at Q1 still so how come that you have predicted that? Nostra Damus?

Quote

and at the moment the price is starting to find its place with the 1B capitalization rate, and what you describe here is happening now. Are you buying some assets?

https://coinmarketcap.com/currencies/shiba-inu/ that is the standing capitalization mate. is that enough to buy more assets?

Quote

Although for now it is not too late to buy some assets in crypto due to the excellent market conditions to make the purchase, is the current shiba coin still worth investing in? If we see the market cap conditions continue to rise and the volume on the Shiba coin also continues to increase, then there is no hesitation to enter.

but we are talking about SHIB here , and what you are telling is looking for excellent opportunity in which impossible to find.

Asuspawer09

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Quote from: JamesDaniel90 on March 03, 2023, 08:19:48 AM

I have 20 million but haven't bought any for over 6 months as I only bought at the time as I was fairly new to crypto and it was low compared to its all time high but I now understand market cap etc.

With its current market cap at $6.3b, how high can this realistically go? Is $100b possible? That would give it a 16x from current price if so which would be good.

With the release of Shibarium due this year I do think this will see the price rise but how much im not so sure?

I think if we're going based on its rank in cryptocurrency as a rank 13 altcoin I think it's a pretty good investment if you're waiting for the bull run since there is still a lot of room and opportunity to gain profit on this investment. I don't think that it's going to be a crazy number just like what happened before and we don't know hows the bull run is going to increase the market cap of the token. But in my opinion with a 6Billion market cap, I don't think it's still going to multiply like a crazy investment. You're going to carry a lot of risks if you do a lot of SHIB investment I mean a meme token was great for the hype but without a real-world use, I wouldn't expect to reach the level of XRP or Ethereum in some cases. But I would still take some risk for fun since with a low market price coin in the market it might still do 5x easily in the bull run in my opinion.

cafee_orange

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Quote from: bitgolden on March 18, 2023, 04:06:52 PM

Quote from: cafee_orange on March 18, 2023, 07:28:46 AM

Quote from: borovichok on March 15, 2023, 10:50:16 AM

Market hype coins like GMT, Shiba Inu, and Dogecoin had their memorable scenes, but completely new projects are released into the market every single day. Shiba Inu is also worth investing in because dump projects still have a chance of returning to the market. While the Shiba Inu is in a bull market, many investors and traders benefit significantly as the stock soars to new heights. Shiba Inu was previously a memecoin that made money during the bear market, and now that there is more time, it is easier to investigate new cryptocurrency initiatives. Memecoins are short-lived market enterprises that are hyped up in the space.

yes, that's right, but it's still possible that shiba inu will provide benefits for its holders at a later time, the current market is conducive and the movement of shiba inu allows holders to get rewards from their investment, besides that shiba inu is a token that has a large community

I understand that it could have a large community but if you have been on this earth long enough you will realize that with enough hype and false information people could get behind all kinds of wrong ideas. I believe that we shouldn't really be believing these people because we are talking about a meme project that was hyped by people.

Unfortunately people are misguided and even when they are, they wouldn't know that they are misguided because those who misguide them will tell you the truth and then tell you not to believe that truth and instead believe their lies and when someone else tells you the truth you are conditioned to think the truth is a lie and the lie you have been told is the real truth.

then what is your view regarding shiba inu, is it appropriate or not for shiba inu to continue to be detained and added to our investment in shiba inu? I want to hear your opinion about this not blaming others who want to survive holding Shiba inu! can you enlighten us, maybe your suggestion is very genius and is a truth

lobo13hf

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Quote from: cafee_orange on March 18, 2023, 07:28:46 AM

yes, that's right, but it's still possible that shiba inu will provide benefits for its holders at a later time, the current market is conducive and the movement of shiba inu allows holders to get rewards from their investment, besides that shiba inu is a token that has a large community

large communities could be a double edged sword, in the case of shiba inu, the large community are waiting to dump their coins which means it could ever hardly rise.
but of course shiba inu still have the chance of rising, it's meme coin after all it could be rising out of nowhere, but that is as long the trend of meme coin still relevant enough in future bullruns.

Pamadar

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Quote from: cafee_orange on March 18, 2023, 07:28:46 AM

Quote from: borovichok on March 15, 2023, 10:50:16 AM

Quote from: Natalim on March 15, 2023, 08:15:58 AM

But what you did is that you are still hoping for some hyped and to make money for a useless project.
Honestly, many investors did this and they take advantage of that situation. However, if we talk about long-term investment, I think we should not put meme coins on our list. Not because they are not worth it but also because hyped projects can't stay longer in the market as sooner or later they will collapse.

Market hype coins like GMT, Shiba Inu, and Dogecoin had their memorable scenes, but completely new projects are released into the market every single day. Shiba Inu is also worth investing in because dump projects still have a chance of returning to the market. While the Shiba Inu is in a bull market, many investors and traders benefit significantly as the stock soars to new heights. Shiba Inu was previously a memecoin that made money during the bear market, and now that there is more time, it is easier to investigate new cryptocurrency initiatives. Memecoins are short-lived market enterprises that are hyped up in the space.

yes, that's right, but it's still possible that shiba inu will provide benefits for its holders at a later time, the current market is conducive and the movement of shiba inu allows holders to get rewards from their investment, besides that shiba inu is a token that has a large community

A meme coin that might surprise the market again, too tough to place your investment in how the current market is moving, but if you have the trust and you feel that, you may earn decent with Shiba.

Better to buy now and hold, just chill and relax while waiting for the value to pump up and bring you the profits
that you are aiming, just need to do your DYOR and the rest will depend on how you analyze the market.

bitgolden

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Quote from: cafee_orange on March 18, 2023, 07:28:46 AM

Quote from: borovichok on March 15, 2023, 10:50:16 AM

Market hype coins like GMT, Shiba Inu, and Dogecoin had their memorable scenes, but completely new projects are released into the market every single day. Shiba Inu is also worth investing in because dump projects still have a chance of returning to the market. While the Shiba Inu is in a bull market, many investors and traders benefit significantly as the stock soars to new heights. Shiba Inu was previously a memecoin that made money during the bear market, and now that there is more time, it is easier to investigate new cryptocurrency initiatives. Memecoins are short-lived market enterprises that are hyped up in the space.

yes, that's right, but it's still possible that shiba inu will provide benefits for its holders at a later time, the current market is conducive and the movement of shiba inu allows holders to get rewards from their investment, besides that shiba inu is a token that has a large community

I understand that it could have a large community but if you have been on this earth long enough you will realize that with enough hype and false information people could get behind all kinds of wrong ideas. I believe that we shouldn't really be believing these people because we are talking about a meme project that was hyped by people.

Unfortunately people are misguided and even when they are, they wouldn't know that they are misguided because those who misguide them will tell you the truth and then tell you not to believe that truth and instead believe their lies and when someone else tells you the truth you are conditioned to think the truth is a lie and the lie you have been told is the real truth.

Sorryfor

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If we notice Shiba Inu once pumped a lot. snd this coin gained more popularity many investors buy this Shib coin and hold it for future. Some of these are currently worth investing in and I have also bought and held some amount of Shib Coins. I think the future of this coin will be really good as many big investors already hold this coin. and if you buy and hold at this moment, you can definitely get good profit.

Topic: Is Shiba Inu still worth it? - page 6. (Read 1424 times)