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Topic: Is Shiba Inu still worth it? - page 7. (Read 1453 times)

full member
Activity: 1036
Merit: 100
March 18, 2023, 06:28:46 AM
#99
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
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
March 15, 2023, 11:30:13 AM
#98
Shiba Inu is the kind of coin that can skyrocket out of nowhere, dump and then go silent for years, so if I were thinking about investing in an altcoin right now Shiba Inu would not be one of the coins in which I will be interested, only those that love to take huge risks would do so now, and while it is a move that could create very positive results it is also the kind of move that can cause a person to lose so much capital they may never recover from such a mistake.

In other words, Shiba Inu is a high-risk, high-reward coin. It's not worth the investment if you don't know what you're doing. For the average person, Bitcoin and Ethereum prove to be better alternatives to Shiba Inu for making long-term profits in the safest way possible. SHIBA is just a "meme" coin that can be easily manipulated by whales. It's the perfect tool for traders to make a lot of money in the short term.

But I don't think SHIBA will last for long, especially when it has no real use cases behind it. Only Dogecoin will, because it was the first "meme" coin that spurred the movement. The crypto market is widely unpredictable, so expect the unexpected. Just my thoughts Grin
hero member
Activity: 1148
Merit: 518
March 15, 2023, 09:50:16 AM
#97
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.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
March 15, 2023, 09:01:34 AM
#96
As I said, the market conditions in Q2 got a very good price, 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? 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.
The conditions are still the same, as long as you are sure that there will be a pump there then do it because basically being in a coin like this is the same as expecting a pump and as long as you are sure about it then do it.
There is no need for any analysis or anything with a coin like this because indeed everything will be useless for a coin that is only based on pump and dump.

On the other hand, this only returns to the actual choice because it all returns to oneself. if you really want to take a risk with something like this do it but I only suggest not to do something like this regardless of whether the suggestion is accepted or not.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
March 15, 2023, 07:15:58 AM
#95
I'm not going to say that Shiba Inu is just an ordinary meme coin but can take as well to think that it was worth enough to invest with.
But of course, Shib isn't a mere meme token. It's way beyond that, by my assessment of it. I believe there must be something the numerous exchanges see in it to warrant them rushing to list it that ordinary observers may not see. At a point Binance offered staking on it with other coins. I ain't sure that feature is still there any more as I didn't get to find it again (I just checked it now). Shiba Inu isn't a bad investment for me. However, like every other crypto investment, the caveat emptor of investing only what one won't miss should still apply.

I don’t fully agree with you, SHIB got hyped for some reasons and all exchanges want to make money so it got listed on all the big exchanges. In my eyes SHIB has no real use, it is a meme coin but I still hold some. You never know that the price explodes lol.
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.
full member
Activity: 1036
Merit: 100
March 15, 2023, 05:32:05 AM
#94
As I said, the market conditions in Q2 got a very good price, 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? 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.
I agree with your statement that the market conditions are very good at the moment and it is not too late to buy some crypto assets. as in my previous post, i also invite others to own shiba inu for now, because i think shiba inu will have a better chance in the future.
Shiba Inu is the kind of coin that can skyrocket out of nowhere, dump and then go silent for years, so if I were thinking about investing in an altcoin right now Shiba Inu would not be one of the coins in which I will be interested, only those that love to take huge risks would do so now, and while it is a move that could create very positive results it is also the kind of move that can cause a person to lose so much capital they may never recover from such a mistake.

if you don't want to take the risk by putting your money in a Shiba inu it seems that it is your right and we will not invite you to put your assets in a shiba inu. but I'm a little different from you, I'm sure about Shiba's progress for the future and I'm sure about the benefits I get later from Shiba Inu
legendary
Activity: 2982
Merit: 1028
March 15, 2023, 03:45:30 AM
#93
You have quite a lot of coins with you and you could have made a good profit when it was peaking at that time but now the revival chances are very low for them in my opinion as you can see the altcoin market for meme coins have collapsed as it was temporary run for them.But you need to clear you stash if you get chance as they are not long term potential coins.

Yup, when you already seen the opportunities is always best to take the advantage, but since that the market is not favoring your investment, it's time to assess and analyze the potential.

If you believe that the market will move back, then it's okay to hold, but if you see that the chance is slim
better to move forward and cut your losses. The decision making always depends on how you understand
the market.
full member
Activity: 1834
Merit: 166
March 15, 2023, 02:34:05 AM
#92
You have quite a lot of coins with you and you could have made a good profit when it was peaking at that time but now the revival chances are very low for them in my opinion as you can see the altcoin market for meme coins have collapsed as it was temporary run for them.But you need to clear you stash if you get chance as they are not long term potential coins.
member
Activity: 237
Merit: 19
March 15, 2023, 12:55:47 AM
#91
I don't see anything wrong with having some shiba inu in your wallet, if Dogecoin do well in next bull market Shiba inu will do the same thing, I bought 100$ worth of Shiba inu for long term hold, some are saying it is possible to see 1$ price action but I believe this is impossible because of Shiba max supply but 10x is not  impossible.
member
Activity: 744
Merit: 10
Syntrum.com
March 14, 2023, 10:37:51 PM
#90

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

Shiba have many community members, my friend already bought Shiba before listing it on Binance and at that time he got a good profit.

Shiba prices maybe go up when shibarium is launched, but the price increases are unpredictable, we can only wait and buy if we are sure that the price can rise to reach ATH
legendary
Activity: 2534
Merit: 1338
March 14, 2023, 09:05:51 PM
#89
As I said, the market conditions in Q2 got a very good price, 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? 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.
I agree with your statement that the market conditions are very good at the moment and it is not too late to buy some crypto assets. as in my previous post, i also invite others to own shiba inu for now, because i think shiba inu will have a better chance in the future.
Shiba Inu is the kind of coin that can skyrocket out of nowhere, dump and then go silent for years, so if I were thinking about investing in an altcoin right now Shiba Inu would not be one of the coins in which I will be interested, only those that love to take huge risks would do so now, and while it is a move that could create very positive results it is also the kind of move that can cause a person to lose so much capital they may never recover from such a mistake.
full member
Activity: 1036
Merit: 100
March 14, 2023, 03:20:55 AM
#88
As I said, the market conditions in Q2 got a very good price, 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? 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.
I agree with your statement that the market conditions are very good at the moment and it is not too late to buy some crypto assets. as in my previous post, i also invite others to own shiba inu for now, because i think shiba inu will have a better chance in the future.
hero member
Activity: 3052
Merit: 685
March 13, 2023, 01:05:30 PM
#87
I'm not going to say that Shiba Inu is just an ordinary meme coin but can take as well to think that it was worth enough to invest with.
But of course, Shib isn't a mere meme token. It's way beyond that, by my assessment of it. I believe there must be something the numerous exchanges see in it to warrant them rushing to list it that ordinary observers may not see. At a point Binance offered staking on it with other coins. I ain't sure that feature is still there any more as I didn't get to find it again (I just checked it now). Shiba Inu isn't a bad investment for me. However, like every other crypto investment, the caveat emptor of investing only what one won't miss should still apply.

I don’t fully agree with you, SHIB got hyped for some reasons and all exchanges want to make money so it got listed on all the big exchanges. In my eyes SHIB has no real use, it is a meme coin but I still hold some. You never know that the price explodes lol.

Yes, of course. Don't be fooled with those words saying that Shiba Inu is not an ordinary meme coin because everything is the same as long as we're talking about meme coins, what are they talking about? If there's an ordinary meme coin, then I bet there's also special meme coin? Grin

Anyway, kidding aside, we cannot really force these people if they truly want to support and believe Shiba Inu despite the fact that it has no utility to be something in the future and it's all on them for investing on such risky coins just because they see it as a rare meme coin. This coin being listed in different crypto exchanges certainly doesn't mean that they somehow got a future and is worth to be invested, don't forget that these exchanges are business and they are just taking advantage for the people who are willing to take some risks towards meme coins like SHIB.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
March 13, 2023, 12:42:08 PM
#86
As I said, the market conditions in Q2 got a very good price, 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? 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.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
March 13, 2023, 12:07:10 PM
#85
~snipped~
I don’t fully agree with you, SHIB got hyped for some reasons and all exchanges want to make money so it got listed on all the big exchanges.
Are you for real? You think all those exchanges don't have a department that does check and monitoring for them? They can't separate hype? So, they all just jumped on the bandwagon and listed Shib, right? They listed it and are still trading it till date, just like that and you think it doesn't deserve any attention? This isn't plausible. There's honey in the game, literary saying. Shib isn't as worthless as some folks are making it look.

Quote
In my eyes SHIB has no real use, it is a meme coin but I still hold some. You never know that the price explodes lol.
It has no real use but you still keep hodling it. Isn't that contradictory of what you believe? It's of course.
full member
Activity: 1036
Merit: 100
March 13, 2023, 08:56:03 AM
#84

shiba inu has a large community and great investors, it is possible that shiba inu will come back even better in the following years. if you want to invest in shiba inu then you should need to invest half of your assets, and the other half you should invest in potentially other altcoins like BNB, matic, and ethereum. according to me this is a good idea to maintain the value of your Assets

Having half of your portfolio in Shiba INU seems to me to be a dangerous advice. Everyone will agree that putting money in meme coins is like playing the lottery. Almost totally random.
From my point of view having a few tens of millions of Shiba inu can be worth the risk, it doesn't cost a fortune and if it pumps, you can make a nice profit.
But nobody has any guarantee regarding this coin, no certitudes about his future. Putting half of your portfolio in there seems to me excessively risky, if I were to have 50% of my assets in altcoins, I would definitely never go with meme coins.
I think that the risk analysis would not give anything positive about such a strategy. After all, that it's cryptos, nobody will ever know in advance who is right or who iswrong. I just can't imagine a configuration where Shiba would make a mega pump, without a parallel pump of the whole market. So we might as well limit the risk and maybe not count on it too much, it could lead to big regrets


I don't think there is a big risk in a shiba inu if I put half of my assets in it, because for me putting half of my assets in a shiba inu will make me more profitable, but never invest in a shiba inu by applying a long term pattern. long, if there is little profit then take it. meaning we have to apply a short-term pattern. this is what I mean we will be more profitable investing in shiba inu
full member
Activity: 910
Merit: 102
March 13, 2023, 07:40:20 AM
#83
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 don't see any big waves hitting the Shiba Inu at the moment, so I don't dare to say whether or not the Shiba Inu is worthy of being collected in the holder's wallet. but if Elon musk the boss of tesla or other wealthy investors make tweets on twitter or other social media that support shiba inu then it is very likely that shiba inu will be like the previous dogecoin which soared high in all crypto markets
full member
Activity: 1442
Merit: 108
March 12, 2023, 09:55:55 PM
#82
but I'm no longer sure about Shiba, I see Shiba Inu as playing with all its holders, besides that I see Shiba Inu as needing investors who have the most wealth like Elon Musk, without any tweets from Elon Musk then this Shiba doesn't mean anything. well, thus in my opinion the shiba inu is not worth holding for a long time
it's also not good in the long run because prices can be controlled by one person. For example, there is a big investor like Elon who supports Shiba and that makes the price of Shiba go up dramatically, but what if the big investor goes bankrupt or even dies? i think if that happens the price of shiba will crash. for me the best is price is not controlled by anyone.
sr. member
Activity: 2170
Merit: 254
March 12, 2023, 09:53:17 PM
#81
I'm not going to say that Shiba Inu is just an ordinary meme coin but can take as well to think that it was worth enough to invest with.
But of course, Shib isn't a mere meme token. It's way beyond that, by my assessment of it. I believe there must be something the numerous exchanges see in it to warrant them rushing to list it that ordinary observers may not see. At a point Binance offered staking on it with other coins. I ain't sure that feature is still there any more as I didn't get to find it again (I just checked it now). Shiba Inu isn't a bad investment for me. However, like every other crypto investment, the caveat emptor of investing only what one won't miss should still apply.

I don’t fully agree with you, SHIB got hyped for some reasons and all exchanges want to make money so it got listed on all the big exchanges. In my eyes SHIB has no real use, it is a meme coin but I still hold some. You never know that the price explodes lol.
hero member
Activity: 2828
Merit: 518
March 12, 2023, 04:49:28 PM
#80
It's worth the investment at early inception but right now it's a scary thing to invest with. They may have a chain that is linked to them namely Shibarium but there's still no assurance it would increase the value of it. There's a chance it won't. Expect more from the burning that they do, when the total number of coins gets lower then it could be for the better of their investors who have put their trust since Day 1. Do remember, this is still a memecoin and I suggest to stay away from it, but due to it's popularity it became one of the good choice when we are talking about memecoins only.
But for me, Shiba Inu is different from other meme coins. I'd see this Shibarium is one of their developing strategy to help Siha Inu be recognized more but it was been receiving negative views which actually affect the trust of the investors. Because as we can imagine, if Shiba is another shitcoins, we are supposed not to see it now in the market having that value. But fortunately, it was still one of the top 20 in the CMC which means that the demand is still high and has strong support from the community.
Of course, invest in the project that we trust most, we can't put Shiba Inu on our list if we have doubts.
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