Shiba inu anyone? | Bitcointalksearch.org

TheClownSong

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Quote from: Hashbon on August 10, 2021, 11:42:10 AM

Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

In my opinion, coins that have been listed on major exchanges like Binance or Coinbase are difficult to say as token scams. Big exchangers must have considered it from a legal point of view as well as the projects they are working on. In addition, with such a large transaction value, I think very few people will judge SHIBA as a token scam

michellee

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If you are okay with the price volatility and can hold for a very long time, you can buy Shiba Inu anytime and hold it in a separate wallet but do not store it in the exchange's wallet. Dogecoin and Shiba Inu are meme coins but if I should choose, I still prefer Dogecoin to hold, although Dogecoin will not increase for a long time. Shiba Inu could follow the Dogecoin way, especially if people can get the benefit of using Shiba Inu as we know that Dogecoin is the preferable coin to playing gambling and many people or investors hold that coin from a long time ago. Shiba Inu can be like that, especially if it can survive in the crypto market as a new token.

DonFacundo

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No you should not invest another meme coin like shiba or you will regret because this coin is just a meme, the hype is over. I don't think shiba inu is a good investment you better to find a coin that has a good project or better investing the top coins in the market.

layoutph

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I will shill you some good coins, but its running under BNB chain some of them are already in Binance. Listen, have you seen the chart of Axie Infinity and MyDefiPet? They are still pumping up. And they are pretty expensive and people are still buying them at their price. These two are already pumped hard but still will surely pump.

Check out other newly hatched NFT games with volume and users.
MIST https://poocoin.app/tokens/0x68e374f856bf25468d365e539b700b648bf94b67

MIST has a same chart pattern like DPET

Heres the chart of DPET
https://poocoin.app/tokens/0xfb62ae373aca027177d1c18ee0862817f9080d08
This good coin has already pumped 30x from 0.33usd to $10

I believe MIST will follow DPET. It can be traded in Pancakeswap

Quote from: Hashbon on August 10, 2021, 11:42:10 AM

Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

viananda2525

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Quote from: Digital_Lord on August 10, 2021, 03:26:57 PM

Why are you still finding any meme coin? If you need any good potential coins then look at top coins and trending coins. Now meme coins are not giving benefits. If you are investing for the long term, then look at FTT, Matic, and other top coins. These are good for the long term but if you want to do the short term, then follow trend and market. I hope you will get a good profit. Recently It was a trend of NFT Projects Coins.

maybe he is fanatic community of meme coin. meanwhile there are alot potential project there are investors looking for meme project in order to get huge profits in short time. many investors dont thiking about project quality and they prefer speculation assets just like doge , shiba or what ever project using doge and shiba name. for long term personally i am prfer project with high quality as you said above.

Johnyz

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Quote from: bitcoin-shark on August 10, 2021, 03:27:11 PM

no it's not a real scam they are a meme coin joke a bit like dogecoin i have a bit of them but i don't think i'll ever be able to profit from them i will keep them for collection

Considered not a scam but a useless token that only depend on a hype. I’m not buying it anymore, if there’s no hype means no money so I’ll go for the best options now that can give a good profit to me. Btc is looking good now, same thing with ETH and there’s a lot of good altcoins that is on a green candles today, that can be your option. Look at the top in coinmarketcap, you’ll see a lot of opportunities there.

shinratensei_

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Quote from: Hashbon on August 10, 2021, 03:33:58 PM

It is what it is I guess, need to keep my eyes open for the next meme coin!

Check this out https://coinmarketcap.com/id/new/, a bunch of meme coin gets introduced to the market every day. The only problem is how can you pick the meme coin that's legit like doge or shiba? Both were getting shilled by the billionaire (elon musk)
I never see another meme coin that shilled like doge and shiba. Elon was not buying shiba but he was buying doge.
It's not possible to search the legit meme token again.

lalabotax

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Are you sure still going to pick meme coins? I think that the meme coin era is over and now it is the hype of NFT game coins. If you are looking for certain hype coins, go to Nft game coins and pick the right coins to get high profits. However, it will be very risky.
If you want to get a worthy investment maybe top coins are the best choices. Although it is also risky it doesn't offer higher risks than Shiba Inu

magnum cyber

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Cheap coins like Shiba are certainly a lot of debate in it, if we take back the Doge coin at that time, of course, many don't believe in the coin and only shitcoin will not grow in price, but now Doge has proven that their token is good its development, and now shiba has claimed to shift the doge coin of course there is nothing wrong if we buy it when the price is low.

tabas

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Quote from: Hashbon on August 10, 2021, 03:33:58 PM

Quote from: tabas on August 10, 2021, 03:31:38 PM

Shiba is like the son of Doge that's another meme coin. If you want to invest into meme coins, you have to be careful as their pumps have been done already.
There could be another batch of these pumps but I think it's not that appropriate anymore to look for those. But if that's the strategy that you think is good, good luck.

Thanks a lot!

That was my exact thought process, I missed out

It is what it is I guess, need to keep my eyes open for the next meme coin!

You're welcome. Good luck if that's what you are up just make sure that you know the consequences if you're too late to sell them for profits.
I've seen a lot focused on this but later on felt bad and sorry with their wrong decisions made.

Hashbon

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Quote from: tabas on August 10, 2021, 03:31:38 PM

Shiba is like the son of Doge that's another meme coin. If you want to invest into meme coins, you have to be careful as their pumps have been done already.
There could be another batch of these pumps but I think it's not that appropriate anymore to look for those. But if that's the strategy that you think is good, good luck.

Thanks a lot!

That was my exact thought process, I missed out

It is what it is I guess, need to keep my eyes open for the next meme coin!

Hashbon

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Quote from: bitcoin-shark on August 10, 2021, 03:27:11 PM

no it's not a real scam they are a meme coin joke a bit like dogecoin i have a bit of them but i don't think i'll ever be able to profit from them i will keep them for collection

That's cute haha

You could say that you own millions of Shibas xD

tabas

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Shiba is like the son of Doge that's another meme coin. If you want to invest into meme coins, you have to be careful as their pumps have been done already.
There could be another batch of these pumps but I think it's not that appropriate anymore to look for those. But if that's the strategy that you think is good, good luck.

Hashbon

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Quote from: Digital_Lord on August 10, 2021, 03:26:57 PM

Why are you still finding any meme coin? If you need any good potential coins then look at top coins and trending coins. Now meme coins are not giving benefits. If you are investing for the long term, then look at FTT, Matic, and other top coins. These are good for the long term but if you want to do the short term, then follow trend and market. I hope you will get a good profit. Recently It was a trend of NFT Projects Coins.

Thank you for your input

It's not that I don't find actual valuable coins, just the potential profit out of them cannot be as high as something like doge was. I have a few bucks to burn so was thinking of putting them into a coin that might gain something, that is why I'm asking

bitcoin-shark

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no it's not a real scam they are a meme coin joke a bit like dogecoin i have a bit of them but i don't think i'll ever be able to profit from them i will keep them for collection

Digital_Lord

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Why are you still finding any meme coin? If you need any good potential coins then look at top coins and trending coins. Now meme coins are not giving benefits. If you are investing for the long term, then look at FTT, Matic, and other top coins. These are good for the long term but if you want to do the short term, then follow trend and market. I hope you will get a good profit. Recently It was a trend of NFT Projects Coins.

Hashbon

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Quote from: Rrita on August 10, 2021, 02:20:53 PM

Shiba Inu is a meme coin, investment in those coins is very risky. Instead of Shiba Inu, I like to buy Doge, Elon musk is very bullish at Doge. however, there is a huge risk available right now. We know today Polynetwork got hacked and hackers stole $600 Million+ from PolyNetwork. I have seen hackers also stole 259,737,345,149 Shiba Inu (worth of $1,940,237). So anything can happen sooner or later with that hacked coin. It's the biggest hack in the crypto space. Here are more details about the poly network hacked: https://www.theblockcrypto.com/post/114045/at-least-611-million-stolen-in-massive-cross-chain-hack

Oh my...

How have I not heard of this? That is crazy 0-0 Maybe it'll create an entry point for me? Tongue

Hashbon

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Quote from: Rocky993 on August 10, 2021, 01:56:13 PM

Currently, two meme coins are in the spotlight, especially Doge coin and Shiba Inu coin. Everyone is surprised to see the market pump of these two coins, although the price of these two coins has increased due to some news. The meme coin has no use case and no strong base. It is doubtful how much these meme coins will be able to retain their value in this market in the future. Investing funds in Shiba Inu coin and making a profit from it is a complete risk.

I do see your point, however, Doge has a huge number of supporters and its support line rarely goes bellow 19 cents.

This means that I could not find another entry point at which buying would be safe and valuable.

With Shiba inu, I feel that they prey on the inner FOMO everyone has for not taking part in Doge at its infancy.

That is what leads me to believe it's a bit shady. Not to mention, they try to force it into becoming a meme.

One thing we learned is that you cannot force a meme, it has to just happen!

Rrita

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Shiba Inu is a meme coin, investment in those coins is very risky. Instead of Shiba Inu, I like to buy Doge, Elon musk is very bullish at Doge. however, there is a huge risk available right now. We know today Polynetwork got hacked and hackers stole $600 Million+ from PolyNetwork. I have seen hackers stole 259,737,345,149 Shiba Inu (worth of $1,940,237). So anything can happen sooner or later with that hacked coin. It's the biggest hack in the crypto space. Here are more details about the poly network hacked: https://www.theblockcrypto.com/post/114045/at-least-611-million-stolen-in-massive-cross-chain-hack

carlfebz2

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Quote from: Hashbon on August 10, 2021, 11:42:10 AM

Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

Dont see if this would be still that on hype or popular as of this moment but since its your money then its your choice because there are lots of meme coins out there.If you could risk out

your bucks in Shiba then go ahead but i would say that it wouldnt really be that worth but since its your money then go ahead.

We do have different decision towards our investment so its up to you but meme coins arent really that good and a hundred bucks wont really that much though.

Rocky993

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Currently, two meme coins are in the spotlight, especially Doge coin and Shiba Inu coin. Everyone is surprised to see the market pump of these two coins, although the price of these two coins has increased due to some news. The meme coin has no use case and no strong base. It is doubtful how much these meme coins will be able to retain their value in this market in the future. Investing funds in Shiba Inu coin and making a profit from it is a complete risk.

Hashbon

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Quote from: Anonylz on August 10, 2021, 12:58:35 PM

Project like Shiba inu is solely base on hype and nothing more, this is temporary type of investment that give quick profit if you are lucky, and from the look of things the market seem to be in a good shape and it is very likely it will be bullish till year end, project like Shiba inu can get an unexpected pump in the process, this are my assumptions, the rest is up to you to decide, you should not forget about the risk involve too.

So basically don't put money into it that I'm not willing to lose, I see.

It's basically like a lottery ticket, probably nothing will come out of it but who knows haha Cheesy

Anonylz

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Project like Shiba inu is solely base on hype and nothing more, this is temporary type of investment that give quick profit if you are lucky, and from the look of things the market seem to be in a good shape and it is very likely it will be bullish till year end, project like Shiba inu can get an unexpected pump in the process, this are my assumptions, the rest is up to you to decide, you should not forget about the risk involve too.

Hashbon

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Quote from: ?? on ??

Shiba was an over rated coin and it's only wasting your money lol but i just expect the random pump from the pumpers can happen anytime but again you are also betting into the coin that doesn't have utility usecase
It's better if you try to put your money in a good coin like some NFT projects that have developed a really good product such as game and many more.

Thank you very much for your response, what you're saying makes sense, but I have no clue why a lot of people tell me that it has utility behind it. What utility are they talking about if it's just a meme coin? and yeah I know that there could be pumps, just you could call what I want wishful thinking, but it is what it is. NFTs are a whole different subject though Grin

Hashbon

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Quote from: bocyaj on August 10, 2021, 12:11:18 PM

Quote from: Hashbon on August 10, 2021, 11:42:10 AM

Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

After lose of huge money in Shiba inu,I had sol with 50 percentage of loss.But now,the price of shiba inu started to rise again.It may be the time to sell with some profit.But I suggest the new people to hold for now and don't buy anything.Because,you may lose as like me,if you invest at the time of new pump by bitcoin price.

I'm sorry that you lost money on shiba, and I appreciate how you're trying to prevent me from losing money. Investing is risky business that is why I am creating this discussion, hoping the community will help me out as well as other potential buyers!

Hashbon

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Quote from: Jackl87 on August 10, 2021, 12:06:33 PM

Quote from: Hashbon on August 10, 2021, 11:42:10 AM

Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

I don't think that shiba-inu is a scam, i mean they are a second generation meme-coin so they have per definition no real use case and basically exist for no reason so i would say that meme-coins can't actually even be a scam because they never promised to offer a real product or a use-case or stuff like that. The only thing that could happen would be that the developers make a rug pull which means a total loss of your funds. Does this mean i would personally invest into a meme-coin? No, it doesn't but if you are into meme-coins then i would say that shiba-inu is probably one of the safer projects to put your money into, but there are definitely better projects out there to put your 170 bucks into.

The first person so far to offer a different pov, this makes things a bit interesting. I'm still leaning towards not buying

The tally right now is at:

4 - 1 In favor on NOT buying Shiba Inu

Hashbon

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Quote from: Teknisi88 on August 10, 2021, 11:59:15 AM

Both Shiba Inu and Dogecoin are meme coins, making them more volatile at times.
In addition, the most significant risk of investing in any cryptocurrency is that it is not regulated by a state agency or has a legal entity to oversee its operations.

You're absolutely right.. Maybe subconsciously I wanted to invest into a meme coin in hopes that I'd get a doge 2.0 Sad

bocyaj

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Quote from: Hashbon on August 10, 2021, 11:42:10 AM

Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

After lose of huge money in Shiba inu,I had sol with 50 percentage of loss.But now,the price of shiba inu started to rise again.It may be the time to sell with some profit.But I suggest the new people to hold for now and don't buy anything.Because,you may lose as like me,if you invest at the time of new pump by bitcoin price.

Jackl87

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Quote from: Hashbon on August 10, 2021, 11:42:10 AM

Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

I don't think that shiba-inu is a scam, i mean they are a second generation meme-coin so they have per definition no real use case and basically exist for no reason so i would say that meme-coins can't actually even be a scam because they never promised to offer a real product or a use-case or stuff like that. The only thing that could happen would be that the developers make a rug pull which means a total loss of your funds. Does this mean i would personally invest into a meme-coin? No, it doesn't but if you are into meme-coins then i would say that shiba-inu is probably one of the safer projects to put your money into, but there are definitely better projects out there to put your 170 bucks into.

Teknisi88

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Both Shiba Inu and Dogecoin are meme coins, making them more volatile at times.
In addition, the most significant risk of investing in any cryptocurrency is that it is not regulated by a state agency or has a legal entity to oversee its operations.

Hashbon

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Quote from: goolesby on August 10, 2021, 11:51:03 AM

The Shiba Inu coin is a cryptocurrency token that allows its buyers to get SHIB in large quantities because the price is very cheap compared to other coins. Apart from its skyrocketing popularity, there is still little information that can be known about the SHIB token, including its uses and fundamentals. That means, the risks surrounding the Shiba Inu token are quite high. Even though it is high risk, novice investors should research first before investing.

I see, so for now it's looking like a meme coin with not much utility, thanks so much for your response!

So far the tally is:

2 - 0 in favor of not investing in Shiba

Hashbon

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Quote from: DarkDays on August 10, 2021, 11:49:53 AM

If you want to invest into coins with potential meme coins are not the way to do this.

DOGE might be the biggest of all meme coins but would not trust it, as for the rest of meme tokens they soon will all be worthless.

I suggest you look into coins with some utility like Dot, CSPR, MINA, and if you're at it and want to go with more than a few hundred bucks might as well explore with BTC and ETH...

That is really good advice, it just stinks that the potential profits out of established coins isn't as high as meme coins. The saddest part is that if I hodled doge for a week longer, I would have had a thousand dollars in my wallet Cry

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The Shiba Inu coin is a cryptocurrency token that allows its buyers to get SHIB in large quantities because the price is very cheap compared to other coins. Apart from its skyrocketing popularity, there is still little information that can be known about the SHIB token, including its uses and fundamentals. That means, the risks surrounding the Shiba Inu token are quite high. Even though it is high risk, novice investors should research first before investing.

DarkDays

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If you want to invest into coins with potential meme coins are not the way to do this.

DOGE might be the biggest of all meme coins but would not trust it, as for the rest of meme tokens they soon will all be worthless.

I suggest you look into coins with some utility like Dot, CSPR, MINA, and if you're at it and want to go with more than a few hundred bucks might as well explore with BTC and ETH...

Hashbon

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Just recently (needed the money) I sold all of my doge.

I made a lot of money out of it but nothing significant (40 USD purchase turned to 170).

Now Doge is too expensive to buy 1111 doge so I’m looking for a cheap coin with potential.

Shiba sounds okay but literally 50% say it’s a scam and 50% say it’s legit. Can you guys chime in please? Huh

Topic: Shiba inu anyone? (Read 220 times)