Topic: Selling shib to buy other alt coin? (Read 161 times)
Though SHIB is not a preferred coin as it's a shit coins but it has given good profit to those who made investment on time and even you have got a good profit. First decide the coin in which you want to invest then think of selling it as you are already in profit keep it in SL mode. At the moment I don't think anyone would be able to suggest you on the Altcoins as most of them would have a good run hence DYOR.
This decision is completely up to you as converting from 250 to 800 is very profitable. But you can sell it now if you want and hold it if you want. Before holding it should also give some thought to how long the price can actually pump. If you suddenly dump your profit 800 is likely to be gone along with your original 250. Since meme coin and art coin have no specificity. So I'd say pick them up if you get a small gain and be happy with a small gain. Because memecoin and alt coin market has no hope.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
You need to have a plan for your investment before buying it. You should have a target price for selling or taking profit, or a stop loss. Switching your altcoin investment from shib to other altcoins is a risky move because you might not be lucky with the altcoin you choose. It might be better to withdraw your capital and use the profit to reinvest instead. Why not buy the top 5 altcoins instead to lower the risk? I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
$550 profit on a meme coin, you are one of the lucky ones and you should exit as soon as possible because meme coins have no guarantee or the ability to hold their price for long because they are dependent on community hype and will start losing value rapidly once the hype starts getting lower. We have seen how quickly these meme coins start losing value every time Bitcoin corrects itself a little, so it's a lot of risk and you will possibly lose your profits back if you don't sell on time.
Sell your tokens and buy an altcoin that has an organic growth mechanism unlike meme coins, you can go for ETH, it has already gone up so much but it will go higher during the bull run for sure.
Same thing fall to altcoins and we can make more if we have huge capital that will help us to keep earning.
Crypto is a good way to put money and make profits without much time.
An altcoin investor can still make a fortune with his small capital with an efficient capital management strategy. Many new investors will be surprised to hear if i say it is possible to increase your portfolio investment by 30k with a principal capital of 20k. Yes, it is possible to do leveraged trading, and there are many dapps that can be used to do this. This is called capital management and it can be extremely profitable in a bull run if taken care of correctly. But beware of high leverage as your position can be liquidated.
Well I do not think that will be a good idea for you to do that. Those Shib tokens are up more then 56% in this last week. And I think we will see more gains for this token in the month.
The big gains is cause of the 22,432% increase in the burn rate over a 24 hour period. If you want to buy more alt coins you can do this. But do not sell your Shub tokens for doing it.
The big gains is cause of the 22,432% increase in the burn rate over a 24 hour period. If you want to buy more alt coins you can do this. But do not sell your Shub tokens for doing it.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
$550 profit on a meme coin, you are one of the lucky ones and you should exit as soon as possible because meme coins have no guarantee or the ability to hold their price for long because they are dependent on community hype and will start losing value rapidly once the hype starts getting lower. We have seen how quickly these meme coins start losing value every time Bitcoin corrects itself a little, so it's a lot of risk and you will possibly lose your profits back if you don't sell on time.
Sell your tokens and buy an altcoin that has an organic growth mechanism unlike meme coins, you can go for ETH, it has already gone up so much but it will go higher during the bull run for sure.
Same thing fall to altcoins and we can make more if we have huge capital that will help us to keep earning.
Crypto is a good way to put money and make profits without much time.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
$550 profit on a meme coin, you are one of the lucky ones and you should exit as soon as possible because meme coins have no guarantee or the ability to hold their price for long because they are dependent on community hype and will start losing value rapidly once the hype starts getting lower. We have seen how quickly these meme coins start losing value every time Bitcoin corrects itself a little, so it's a lot of risk and you will possibly lose your profits back if you don't sell on time.
Sell your tokens and buy an altcoin that has an organic growth mechanism unlike meme coins, you can go for ETH, it has already gone up so much but it will go higher during the bull run for sure.
But still I have to give my opinion as never take risk with these meme coins because usually these hit their high quickly and also disappear as well quickly which are surely not stoppable for anyone just try to go with small amounts and quickly trade as well which give you small profit for your investment.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Are you long term investor or short term investor or a person that buy and sell once he see profit? Shin is meme token that people love, you can't even advice the holders because they so much believe in it more than anything, so I will not advise you to sell it now, live it tmto grow more and then sell it when it has grown more, I learnt that alt season has not even started yet, who knows if that $800 is going to double or triple in couple of some months.
The way you source for $240 to buy shib, you should try another way to look for a means to get money and them invest into another coins that you believe will grow in value just the way you believed in Shiba. You are making investment and you will benefit strongly when the time is right for your investment but please be careful where you put money because altcoins are too risky to put money into.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Shouldn’t you be optimistic about SHIB when you have made over 3X of your initial investment. You can still hold on to it because I personally believe that the market is generally growing, so what SHIB is worth today wouldn’t be what it would be worth tomorrow (Though it’s a memecoin and their tomorrow isn’t guaranteed). Also, if you’re taking out from SHIB, what other meme coin can you trust to not dump on you? (This is the research you have to do).
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
$550 profit on a meme coin, you are one of the lucky ones and you should exit as soon as possible because meme coins have no guarantee or the ability to hold their price for long because they are dependent on community hype and will start losing value rapidly once the hype starts getting lower. We have seen how quickly these meme coins start losing value every time Bitcoin corrects itself a little, so it's a lot of risk and you will possibly lose your profits back if you don't sell on time.
Sell your tokens and buy an altcoin that has an organic growth mechanism unlike meme coins, you can go for ETH, it has already gone up so much but it will go higher during the bull run for sure.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Depends on you, if you think getting 800 from 250 is enough, it's better to sell it and buy another potential coin/token, right now we are in the halving hype, why not try buying Bitcoin (BTC) and ride the wave?
If you don't want to choose Bitcoin (BTC) and prefer altcoins, just choose the major altcoins that are in the top 30 of CMC, there are lots you can choose from there.
I already have like 2k in btc, is that too little? Should I maybe get eth or xrp?
There is nothing wrong if you want to get much bigger profits because in the crypto world anything can happen. But it is worth considering because I think Shiba will most likely increase your profits, because the bull run in the market is not over yet, it is very likely that Shiba will increase again. And the most important thing is that you have to sell it at the right time.
And there is nothing wrong if you sell it and buy Bitcoin even though you already have it and the most important thing is that you replace it with a coin that is much more profitable, not reducing the profits you have earned.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Perhaps, it is a meme coin and maybe it is too early for us to think that it was already at its peak price but thinking the vulnerability of this project I believe that selling it now is a good choice. Besides, you make a huge profit already which is good enough to set aside and make at least a safe investment. Selling Shiba for ETH or other top altcoins is a great idea. However, this would still depend on your plan OP. We just think that this is a good opportunity already to earn, we never know what is next or if the price of Shiba will continue to rise during this bullish season.
SHIB keeps growing. i wouldn't be selling it this early if i were you. this bull run is not over you could make it more than 50x of your initial investment of that SHIB.
just this week alone, it has risen more than 100%. there is a chance that this token will even hit $0.0X if this bullrun lasts up to 2025. leave it be and just wait.
besides the altcoins you are going to buy after have also risen along with Shib. there would have two shitcoins you have to watch out for then. save your time just watch 1 shitcoin, don't add another headache to think about.
just this week alone, it has risen more than 100%. there is a chance that this token will even hit $0.0X if this bullrun lasts up to 2025. leave it be and just wait.
besides the altcoins you are going to buy after have also risen along with Shib. there would have two shitcoins you have to watch out for then. save your time just watch 1 shitcoin, don't add another headache to think about.
idk about Shib hitting the cent range haha the market cap would have to be at least 5 trillion in market cap. I think ima end up holding either way and just buy other coins with my own pocket money. I have like 100-150 I'm willing to spend currently. I've already spent like 150 on "inverse finance" coin.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
$550 profit on a meme coin, you are one of the lucky ones and you should exit as soon as possible because meme coins have no guarantee or the ability to hold their price for long because they are dependent on community hype and will start losing value rapidly once the hype starts getting lower. We have seen how quickly these meme coins start losing value every time Bitcoin corrects itself a little, so it's a lot of risk and you will possibly lose your profits back if you don't sell on time.
Sell your tokens and buy an altcoin that has an organic growth mechanism unlike meme coins, you can go for ETH, it has already gone up so much but it will go higher during the bull run for sure.
SHIB keeps growing. i wouldn't be selling it this early if i were you. this bull run is not over you could make it more than 50x of your initial investment of that SHIB.
just this week alone, it has risen more than 100%. there is a chance that this token will even hit $0.0X if this bullrun lasts up to 2025. leave it be and just wait.
besides the altcoins you are going to buy after have also risen along with Shib. there would have two shitcoins you have to watch out for then. save your time just watch 1 shitcoin, don't add another headache to think about.
just this week alone, it has risen more than 100%. there is a chance that this token will even hit $0.0X if this bullrun lasts up to 2025. leave it be and just wait.
besides the altcoins you are going to buy after have also risen along with Shib. there would have two shitcoins you have to watch out for then. save your time just watch 1 shitcoin, don't add another headache to think about.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Thing Happens so unexpectedly here in Crypto Space so if you feel this is enough profit that you have generated you can sell your shiba at your own decision. That means you never know the next move of the market if you feel this profit is good for you then take the exit and in case after your exit market gets more bullish and hype then never feel regret why did you exit because in this way you never feel good, comfortable in the crypto space because of the unexpected move of the market. DYOR!
Besides this if we talk about what to buy my recommendation is Bitcoin I can not give any other recommendation over Bitcoin. if you feel any other project can give you more profit then you have to find it at your own risk. There may be a correction in the bitcoin market before the halving event there you can accmulate your points for bitcoin and it also return you good profit but about the desired one I can not say anything because I do not know your goals. DYOR!
Shib is a meme project and its value is driven by the whales. Why something has demands that don't have any usecase other than as a collectable item if it is not driven artificially. If you are already in profit then booking some profit and allocating those funds to new project that is working on any trending narratives is a good idea. The bull market is yet to start and many projects are already pumping like crazy, so it can be the last chance to enter the market for profit.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
If now you will go to sell your holding SHIBA still you will get 3x profits i think it's huge, if it’s a meme coin of course very popular but at anytime your portfolio will go negative, so i think you should move in another good project i will prefer to invest in Bitcoin also Etherum could be good investment before halving. But it’s totally up to you, because you have to invest from your own pocket, so decide carefully. 
The way to evaluate it is different depending on how you understand it. If you have earned 800 from Shiba coins, do you still consider Shiba coins to be rubbish?
Long-term confidence in a meme token is difficult. Abnormal prices always make holders sell their assets. If you want to buy another altcoin, go ahead because you are selling Shiba, which is a genius idea to buy an altcoin that is more popular.
Long-term confidence in a meme token is difficult. Abnormal prices always make holders sell their assets. If you want to buy another altcoin, go ahead because you are selling Shiba, which is a genius idea to buy an altcoin that is more popular.
Depends on you, if you think getting 800 from 250 is enough, it's better to sell it and buy another potential coin/token, right now we are in the halving hype, why not try buying Bitcoin (BTC) and ride the wave?
If you don't want to choose Bitcoin (BTC) and prefer altcoins, just choose the major altcoins that are in the top 30 of CMC, there are lots you can choose from there.
I already have like 2k in btc, is that too little? Should I maybe get eth or xrp?If you don't want to choose Bitcoin (BTC) and prefer altcoins, just choose the major altcoins that are in the top 30 of CMC, there are lots you can choose from there.
Still too little if only $2K, investing in Bitcoin (BTC) means you're investing for your future
. Take it and leave it until 2030 and see what your $BTC becomes. Ethereum (ETH) or Ripple (XRP), I prefer $ETH, try to see what will happen to the development of $ETH this month on Google, yep it's about the Dencun Upgrade. Maybe it will have a quite good impact on the price of Ethereum in the future. 
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy?
If I were you, and as scared as you're right now, I would do the following – take out my initial capital ($250) and don't reinvest it. Then leave 50% from the $550 difference in Shib as my moon bag. Reinvest the remaining 50% into any alt(s) that I fancy.However, my true position as an investor in respect to this Shib question would mean I don't do anything yet because I know there's no cause for panic. I will just let the $800 continue to grow until I begin to sight signs of Bitcoin dominance going down. When that happens, I will take out half of the whole cash and allow the rest roll in expectation of an alt rally.
Op that should be your decision whether to sell or to continue hodling. But since you have gotten enough profit I will advise you to take the profit and continue with the capital and if you wish then you can invest in Eloncoin with the profit and see how the two can display in the next four years. 250 to 800 is nice investment so far. But make your choice from the comment box because everyone gave their different opinions and you are to select the best among them.
frankly speaking if you have made that much amount of a profit selling it for the sake of investing in other coin does make sense, but also most of the coin these days have been increasing just as high as the meme coin that you just mentioned though so its probably gonna be kinda hard finding one that can make you profit and that is not meme coin since it seems you don't really like it.
maybe try those new L2 and some new coins that gonna get listed where they definitely hasn't hit any all time high yet that might be a good coin to invest.
but if you want to tune down the risk, reducing any possibilities of losing money why don't you just put your money into either bitcoin or ethereum anyway.
since they are almost guaranteed to have good rally, not to mention etheruem is just waiting for its ETF probably in the future it will go even higher, can't go wrong with bitcoin or ethereum.
maybe try those new L2 and some new coins that gonna get listed where they definitely hasn't hit any all time high yet that might be a good coin to invest.
but if you want to tune down the risk, reducing any possibilities of losing money why don't you just put your money into either bitcoin or ethereum anyway.
since they are almost guaranteed to have good rally, not to mention etheruem is just waiting for its ETF probably in the future it will go even higher, can't go wrong with bitcoin or ethereum.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Its always your choice if you want just subtract the profits from shib and put it into a new memecoin. This is a risky method but theres nothing to gain by being scared. Most tokens are unique and you need to find which one suited you best. But tip of an advise pick a meemcoin that has a lot of supporters or big community because thats the key to a moon mission on memecoin. 
You can either risk hodling even further with Shib but I don't see any other altcoin that's worth your money to invest into right now, I'd say just take the profit and be on your merry way, that's the only solution in my opinion that would be good for you, are you sure that you want to invest that profit money into other altcoins that aren't going to guarantee you any profit because they're as risky as they can be, it's probably a good idea if you do some more thinking about what you're going to do with that money, I think Shib's got a really good investor base so it's safe for you to just hodl there but I wouldn't risk it when there's an obvious opportunity to grab the profit right? Maybe put it in ETH or Solana.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
You had a good run with shib and you are aware of that it is a shitcoin. What does that tell you? Sell and buy something more legitimate. I’d say even doge is a better option because doge has a history.wtf is a shibcoin? It appeared out of nowhere. It is a bad doge imitation. Get rid of all t and buy something better. The best choice is obviously btc but it is not as volatile as shib or doge and that might be a good thing or bad thing depending on what you want. Remember though, volatility goes both ways. It feels great when you are on top but what if shib dives hard tomorrow?
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
First of all, congratulations on making a profit through it, and it's a really good profit. If you have lost all faith in it, then strongly make a decision. With Shib, many people here have made big profits with it, but there are also many people who have lost money. FOMO with memecoins often happens quickly, and in this situation I would suggest that you take some profits to switch to safer categories. I often tell people to calculate the balance between risk/return, and even when taking risks, always be ready for every situation, even if you lose money, and if you have gained a lot of profit, then know the satisfaction point because from $250 to $800 is also a success for many people. In short, investing depends on many different factors. Maybe memecoin in many people's minds is very risky and I also think it is not safe, but the decision is yours and you should be responsible for your investment.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Don't base your decision on the opinion of other people since you might get a wrong insights then lose all the money you have. Best for that is you are the one do the decision making about what do you like since if you want to explore on other crypto then let it be. But if not confident on other token then much better if do research first before dropping those decisions. I'm sure you don't want to regret for losing your money so better for now you should do a research on what are the other options that best for you to accumulate aside from that shib if you really want to get and take your profit from that token.
From 250 to over 800 that is a good profit and It is better to withdraw because SHIB has an unlimited supply and the correction will begin as soon as the price of Bitcoin decreases. As for the best suggestions, they would be some promising tokens that have not risen recently, or Ethereum, or buy USDT and wait until a correction occurs and buy SHIB with the profits if you really believe that SHIB has a good future.
In any case, selling now or converting to USDT is the most appropriate option.
In any case, selling now or converting to USDT is the most appropriate option.
Shiba's price has risen high from its lowest price, it has risen almost 6x. but it has not reached its new ATH, it still needs to increase 200% at the current price to reach its latest ATH price.
If you want to buy other coins, other coins have also risen very high in price. look for coins with a large market but the price increase is still small so the potential to rise high is still very large if you want to sell and buy other coins.
If you want to buy other coins, other coins have also risen very high in price. look for coins with a large market but the price increase is still small so the potential to rise high is still very large if you want to sell and buy other coins.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
You don't know what to buy and what to do, this is the hardest part when you have no idea what you must do. Because some will just shill you out unknown altcoins because you are intended to do that. So, if you happen to have no idea what they're telling you, DYOR at all times.If you are in profit and you are satisfied with it now, sell. But if you think that there's going to be a bigger value of it during the altcoin season or once the halving is done, sell.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Depends on you, if you think getting 800 from 250 is enough, it's better to sell it and buy another potential coin/token, right now we are in the halving hype, why not try buying Bitcoin (BTC) and ride the wave?
If you don't want to choose Bitcoin (BTC) and prefer altcoins, just choose the major altcoins that are in the top 30 of CMC, there are lots you can choose from there.
I already have like 2k in btc, is that too little? Should I maybe get eth or xrp?
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
Depends on you, if you think getting 800 from 250 is enough, it's better to sell it and buy another potential coin/token, right now we are in the halving hype, why not try buying Bitcoin (BTC) and ride the wave?
If you don't want to choose Bitcoin (BTC) and prefer altcoins, just choose the major altcoins that are in the top 30 of CMC, there are lots you can choose from there.
I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.
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