shiba inu coin, now ranked 13th in cmc - page 2.

landheer

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Quote from: cafee_orange on January 26, 2023, 03:43:05 AM

Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

It looks like your choice is very good by continuing to pay attention to the development of shiba inu, especially since you have bought and collected them now. I think it's the right step to reap the benefits in the future. shiba inu still have a chance to save it and potentially it will be like dogecoin

I also think the same as you, because we won't know about shiba inu coins in the future, but it is possible that shiba inu prices will be like doge, and I don't want to miss this good opportunity to buy shiba inu.. yes, although the risk is high, but I am ready to take the risk if I experience a loss. because for big profits the risk is also big.

SyndicateLabs

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Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

What's the potential?
I have some reasons to not buy it again and move to a less risky safe-haven way.
For me the profit from what I have achieved with ShibaInu is a deep satisfaction and gratitude, I am not too greedy and easily manipulated with the accompanying news, despite the previous fomo of the coin. This has also brought quite a lot of profit. From a future perspective, I think the pump dump game will still make many people profit as well as lose, so think carefully before making a decision.

eaLiTy

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Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

If you are looking solely on the CMC rankings, then it will change every time, check out its achieves and you will see every year the ranking changes. So my advice is not to put everything on something like a CMC ranking which is highly volatile and if you are looking to invest in a meme coin, there is Doge and the rest are shitty and i do not see any potential in the long term.

serjent05

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Quote from: Little_Sister on January 26, 2023, 05:21:35 PM

Quote from: crzy on January 26, 2023, 03:28:36 PM

Ranking should not be your only basis when investing because not all are worth to invest, especially with their hype and utility. SHIB might be the second best meme token but considering its previous manipulation it will be hard to fully trust it. Though the chance to pump is there, but the risk is too high as well so better to analyze it well, start looking for a good reason on buying and always have your limit and target price to avoid being trap and avoid losing the money.

We see the prospect of an increase for SHIB but because this coin is very risky we have to allocate a limit of funds for investment, I am also involved in SHIB investment because the price continues to grow according to market prices and when the trend of this coin increases there is potential to reach the highest price, at least I am targeting half of the highest price ever reached before.

I agree, since meme coin is considered shitcoin by many, we should only allocate funds we can afford to lose. Accumulating altcoin with our free funds isn't a bad move, and Shiba Inu has been considered as the possible next Dogecoin so there is no harm in buying it with our free money which can result in great profit.

Looking at the Dogecoin case, many believe that Dogecoin will not reach its current price, regardless if it's pumped or manipulated, there is no denying that people who hold Dogecoin years ago and still holding it today had already seen a huge profit. And it might happen to Shiba Inu holders too.

Little_Sister

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Quote from: crzy on January 26, 2023, 03:28:36 PM

Ranking should not be your only basis when investing because not all are worth to invest, especially with their hype and utility. SHIB might be the second best meme token but considering its previous manipulation it will be hard to fully trust it. Though the chance to pump is there, but the risk is too high as well so better to analyze it well, start looking for a good reason on buying and always have your limit and target price to avoid being trap and avoid losing the money.

We see the prospect of an increase for SHIB but because this coin is very risky we have to allocate a limit of funds for investment, I am also involved in SHIB investment because the price continues to grow according to market prices and when the trend of this coin increases there is potential to reach the highest price, at least I am targeting half of the highest price ever reached before.

Yamifoud

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Quote from: crzy on January 26, 2023, 03:28:36 PM

Ranking should not be your only basis when investing because not all are worth to invest, especially with their hype and utility. SHIB might be the second best meme token but considering its previous manipulation it will be hard to fully trust it. Though the chance to pump is there, but the risk is too high as well so better to analyze it well, start looking for a good reason on buying and always have your limit and target price to avoid being trap and avoid losing the money.

Indeed, right?
Because even Shiba Inu will become one of the top coins in the market, still doesn't get my interest anymore. I was thinking before the potentiality of this project as it performed too well but after a few days of its existence, the true color of being a meme coin really comes out. I'd see that Dogecoin is even better than this because a project that doesn't have a reliable platform will never go far and stay long. Might we can see the price of Shiba had pump because of the said price and volume manipulation, it usually happens in shitcoins.

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I remember DOGE doing well a number of years ago. It went quiet for a bit & people were saying it was dead & it’d never reach a new all time high. It defied the odds & rallied back in the last bull run. Hopefully, as a fellow meme coin, SHIB can do the same. I don’t see why not, it has a great community & I see good things for it within the next2 -3 years.

OP, your dca strategy is a good one, simple & effective. Keep it up & you’ll be enjoying great profits soon.

Good luck!

crzy

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Ranking should not be your only basis when investing because not all are worth to invest, especially with their hype and utility. SHIB might be the second best meme token but considering its previous manipulation it will be hard to fully trust it. Though the chance to pump is there, but the risk is too high as well so better to analyze it well, start looking for a good reason on buying and always have your limit and target price to avoid being trap and avoid losing the money.

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Quote from: m2017 on January 26, 2023, 12:50:40 PM

The rank on cmc is not an indicator of good potential. If by this it was possible to understand what should be invested in, then it would be too simple and everyone would be enriched many times over. In my opinion, this is a hype project with an overheated price and attention to it. Sometimes, cryptomarket behaves very unpredictably and irrationally, which is associated with similar behavior of people. Because if people believe that shiba inu will rise in price, then it is to this project that they will invest and this project will really rise in price. But in my opinion, all this is very risky and unstable, and the price can collapse at any moment. This is due to the lack of fundamental value.

We can't really prevent people from investing in altcoins like this, in the meantime they can profit from it. Short term trading, even long term investment can be considered on this altcoin as they hope there is a lot of x they earn in the future.

I just don't know how much potential this altcoin has in the future, but the trading volume is so huge that people are interested in getting their hands on it. Of course the risk is big because when someone who has large holding sell, the price will immediately collapse.

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Quote from: jrrsparkles on January 25, 2023, 11:43:17 AM

Shiba Inu created with no actual reason and just want to be an alternative after the success of Dogecoin so we can't really talk about its potential cause it doesn't have any real utility or problem to solve. And its a known fact that it is one of the coin highly manipulated by whales so don't be a prey for them, if you are in profits then just get out as soon as possible and invest on something worth.

I agree that it wasn't something that people really wanted to be part of right away, it was something that caused a lot of trouble for people who ended up making a lot of losses and that's why they should have avoided it. Shiba is not an easy thing to keep it going, it was just created during the hype period of meme projects and that's why it went up, but it's not a good project at all.

Anyone who invested into it will lose their money or at least a good chunk of it and in a few years it will not be even in top 50, which is a sad reality for those who hold it, but it's the truth. Just because it looks high up right now doesn't mean that it is good, it should be realized that it's good for the time being only.

m2017

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Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

The rank on cmc is not an indicator of good potential. If by this it was possible to understand what should be invested in, then it would be too simple and everyone would be enriched many times over. In my opinion, this is a hype project with an overheated price and attention to it. Sometimes, cryptomarket behaves very unpredictably and irrationally, which is associated with similar behavior of people. Because if people believe that shiba inu will rise in price, then it is to this project that they will invest and this project will really rise in price. But in my opinion, all this is very risky and unstable, and the price can collapse at any moment. This is due to the lack of fundamental value.

jrrsparkles

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Quote from: isaac_clarke22 on January 25, 2023, 01:23:59 PM

Quote from: jrrsparkles on January 25, 2023, 11:43:17 AM

Shiba Inu created with no actual reason and just want to be an alternative after the success of Dogecoin so we can't really talk about its potential cause it doesn't have any real utility or problem to solve. And its a known fact that it is one of the coin highly manipulated by whales so don't be a prey for them, if you are in profits then just get out as soon as possible and invest on something worth.

Yeah, it was just like a meme coin from what we can hear anyway. I believe Doge has somehow a little bit of use where I read somewhere that they are being used in casinos at least, but still we all know it was made for a meme cause why would someone name a certain coin after a popular meme.

I believe there are various casinos accepting Doge, but I cannot mention it otherwise I would be like advertising their business.

SHIB just got hype around the rookie and amateur investors who knows crypto investment is good but doesn't really know what is actual crypto currencies and further knowledge about it, so they are easily manipulated by social media people and made them to invest a lot in SHIB after it exploded in its initial stage but still people believe that someday even if it reaches $0.1 they can be a millionaire.

cafee_orange

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Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

It looks like your choice is very good by continuing to pay attention to the development of shiba inu, especially since you have bought and collected them now. I think it's the right step to reap the benefits in the future. shiba inu still have a chance to save it and potentially it will be like dogecoin

ethereumhunter

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Quote from: samcoin on January 25, 2023, 10:33:58 AM

Quote from: ethereumhunter on January 25, 2023, 05:49:09 AM

If you believe your Shiba Inu can get a really high rise, you can go for it anyway but I hope you know why you bought a Shiba. Many of us invest in bitcoin and some altcoins as an alternative and it seems that Shiba is still the choice for some as a second investment. I don't know how Shiba's future development or potential, but maybe Shiba still has that and is still waiting for the right time to improve.

Unfortunately, the coins that aren't supposed to have value, pump the most. IMO, the reason is that most people avoid it because of the uncertainty that surrounds the project, so a group of traders can pump the price as much as they want. Shiba is proved trash with no technical value. Indeed, hype still leads most of Cryptocurrencies prices as newcomers are always there in a developed market, and this type of investors usually falls for the hype.

But we don't know whether the Shiba Inu will still be as it is now or if it can change for the better in the future because I heard they are preparing Shibarium, which I don't understand how it will work later. It could be that it will act as a trigger to attract more investors to invest in Shiba, as we have seen that several whales have invested in Shiba in very large numbers. This is like the past situation with Dogecoin, but I don't know. It's still going to take time to see what will happen.

lienfaye

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Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

Shiba is a meme coin, that being said I don't think it is worth to do DCAing because I believe this coin is not good to hold for long term. Moreover, the rank in CMC is not only the basis for the coin if it's really good or not. Look for its use case too. Shiba is a meme coin and likely a pump and dump and still existing because of hype and the investors who are buying and hopeful that shiba can give them huge profit.

Nevertheless, if you really want to hold shiba then know the risk and don't go all in as there are many other coins that are worth to invest in.

Captain Corporate

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I have been around crypto for nearly 10 years now, and I am definitely not the person to take advice from because I am one of the rare people who have been around for 10 years and still poor Cheesy

But, if you really want my advice, I would say stay away from it because for the past 10 years I have seen so many coins jump high for a year or two but when a better thing showed up it got destroyed and dropped. Shiba has the exact makings of a coin like that, it looks like it would stay up between bull runs, and when the new one happens it will be gone and it will be not around anymore for sure, that's just my assumption though.

o48o

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Quote from: Bitcoin_Arena on January 24, 2023, 05:58:29 AM

NEO was once a top 10 coins
EOS was even in the top 5 at one point if I recall well
DASH,XMR, OMG, XVG to name but a few. And mind you most of the coins I have mentioned were pretty solid and not just memecoins

What does that tell you?

That in each bull run, we will have coins that hype up to the top ten and then start a decline where they won't come back up again, and I think the same might happen to Shiba INU. Just buy it, but have that in mind.

Sure, markets get constantly filled with new, potentially better tech, with bunch of new fresh believers. It's similar to hype in music business. You can make 9 records, and media wont be interested as much of your 9th record as much as they are about the band that made their first record which is now the hottest thing ever. As people constantly hunting for newcomers and new fresh things, same thing applies with cryptos.

When something is over 6 years old, it's old geezer tech and it's not easy to hype development when development is constant and boring anyway (at least for the non-tech savvy people).

New people can be lured in with promises of growth. Promises of 1000x and being an eth killer. Back in day all it took for growth was a new media sexy logo

. Because not very many of us understood anything about the tech. And things haven't changed that much. All they need is new media sexy meme coin.

TimeTeller

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Quote from: goaldigger on January 25, 2023, 04:39:14 PM

Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

Regardless of its rank, I still see meme token as once of your risky investment so deal with caution.
There’s a potential for the price increase as we are near to the bull trend, and it can also be a pump and dump token again as the hype will continue to manipulate its price. SHIB will stay with the market though, and continue to do its purpose which is to pump and dump, be careful and know your timing with shib.

The ranking may be high today, but ask yourself if they can sustain their existence in this market?
What solid reasons do you think will keep this meme token afloat and not lose their popularity.
Most meme tokens can easily be abandon by their respective devs, and shib is no better than others, in my opinion.
Though you can invest on this token as it is your funds, but you need to look if there are long-term plans for this token.

goaldigger

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Quote from: landheer on January 23, 2023, 08:00:54 PM

lately I always buy shiba inu coins in installments using the dca system and in my opinion shiba inu coins will have good potential in the future because looking at the rankings on cmc, what do you think about shiba inu coins, will they have the potential to increase in the future, or not? I want to hear an explanation from all of you?...

Regardless of its rank, I still see meme token as once of your risky investment so deal with caution.
There’s a potential for the price increase as we are near to the bull trend, and it can also be a pump and dump token again as the hype will continue to manipulate its price. SHIB will stay with the market though, and continue to do its purpose which is to pump and dump, be careful and know your timing with shib.

nakamura12

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I don't think that Shiba Inu coin have a great potential because first of all shiba inu coin is a memecoin and I am not surprised that it reached that rank in cmc and as you have known that dogecoin is also like that and it is also created because of dogecoin. If you read kr know the story of dogecoin then you will know that shiba inu started the same. No matter how many times you say that shiba inu let you earn profit but it's still a memecoin.

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