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Topic: Shiba Inu has no value and shouldn't be bought (Read 561 times)

legendary
Activity: 3080
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September 05, 2022, 04:45:25 AM
#84
Have you ever tried OP investing in Shiba Inu? If you will just draw assumptions in order to ruin a project, you can't please us all. Because you know what, even though Shiba Inu is a meme coin, you can't really say it was not profitable or totally just a shitcoin. Honestly, this project is valuable compared to other coins and people will invest in this project as they believe this could give them returns from their investment. I can't imagine why you hated so much about Shiba Inu or that was your propaganda that make people sell their coin.
full member
Activity: 1708
Merit: 126
Many coins will lose massively value and we need to look very carefully which coins are likely to die.
At first i was fond of meme coin types like shiba but i recently changed my mind, that koi are worthless and pointless, no investor wants to waste their money on memes that have a supply of billions, it's just a waste of time and money, Bitcoin, Ethereum, BNB the right move.
Good for you, personally I do not blame newbies when they get attracted to those meme coins as they are everywhere and the people that have invested in them are always promoting them as if they are the best coins we have in this market, however, I do have a problem with the fact that most of them never move away from those coins after months or even years of losses, so it is nice to see someone which learned this lesson and now they are only interested in the best cons we have available in the market.
There are just investors who usually ride on with hyped coins but still hold them despite not having a firm purpose. Some coins should be only taken for granted in just a short period and are not worth holding in the long run. Shiba has been making a noise for a long time but I don't think it's good for holding.
newbie
Activity: 33
Merit: 0
Shiba Inu may be nothing but don't forget the community power of Shiba Inu. So it's ok to hold some coins from Shiba Inu for the long run.
sr. member
Activity: 1722
Merit: 261
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that's how the meme coin is. usually those who enter at the beginning of the project will get the maximum benefit. and even then for those who hold firmly to the top of the hype. sometimes even those who enter at the beginning of the project after experiencing a 2x increase they immediately sell it. and when the price of the coin continues to rise. they panicked and bought back from above. so that in the end they even suffered losses due to being consumed by hype. those who are like that are those who have not been able to control their mentality in trading. so in memecoin we have to really know when to enter and when to exit. because memecoin is more speculative and tests luck.

If you are not a member of the team of such a memorial coin, then you cannot know the true goals and, accordingly, you cannot predict at what price level the dump will begin. For this reason, you will always receive less profit on the pump and, accordingly, you will not be able to open a short position in time when the dump begins.

very true what you said. and I agree with your words. We really don't know when the price will fall. so this is where we should not be greedy in taking advantage. when you get even a little profit then there is nothing wrong if you want to get out and it is safer. but still memecoin does have a very high risk. but so far shiba inu can maintain the solidity of the community. but I myself do not dare to enter to invest much in shiba inu. except only use money that you are really prepared to lose. because this is totally speculative and tests luck.

Sometimes most people follow the lust to get big profits, especially new users who are victims, that's why there are many differences regarding how to trade beginners and experience, lust will be tested when the price is still stable and even when it rises, hoping it will increase again,  and in fact the price has dropped, that's where many people started to get trapped in their own trade..
sr. member
Activity: 770
Merit: 266
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that's how the meme coin is. usually those who enter at the beginning of the project will get the maximum benefit. and even then for those who hold firmly to the top of the hype. sometimes even those who enter at the beginning of the project after experiencing a 2x increase they immediately sell it. and when the price of the coin continues to rise. they panicked and bought back from above. so that in the end they even suffered losses due to being consumed by hype. those who are like that are those who have not been able to control their mentality in trading. so in memecoin we have to really know when to enter and when to exit. because memecoin is more speculative and tests luck.

If you are not a member of the team of such a memorial coin, then you cannot know the true goals and, accordingly, you cannot predict at what price level the dump will begin. For this reason, you will always receive less profit on the pump and, accordingly, you will not be able to open a short position in time when the dump begins.

very true what you said. and I agree with your words. We really don't know when the price will fall. so this is where we should not be greedy in taking advantage. when you get even a little profit then there is nothing wrong if you want to get out and it is safer. but still memecoin does have a very high risk. but so far shiba inu can maintain the solidity of the community. but I myself do not dare to enter to invest much in shiba inu. except only use money that you are really prepared to lose. because this is totally speculative and tests luck.
legendary
Activity: 2268
Merit: 1655
To the Moon
that's how the meme coin is. usually those who enter at the beginning of the project will get the maximum benefit. and even then for those who hold firmly to the top of the hype. sometimes even those who enter at the beginning of the project after experiencing a 2x increase they immediately sell it. and when the price of the coin continues to rise. they panicked and bought back from above. so that in the end they even suffered losses due to being consumed by hype. those who are like that are those who have not been able to control their mentality in trading. so in memecoin we have to really know when to enter and when to exit. because memecoin is more speculative and tests luck.

If you are not a member of the team of such a memorial coin, then you cannot know the true goals and, accordingly, you cannot predict at what price level the dump will begin. For this reason, you will always receive less profit on the pump and, accordingly, you will not be able to open a short position in time when the dump begins.
sr. member
Activity: 1498
Merit: 326
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But then again Bitcoin basically does not have any utility too, but it has so much value because it got massive adoption, I am not saying that Bitcoin is memecoin or they are alike but it is what it is.

If bitcoin had no utility, it would not be as massive an adoption as it is today. I disagree with you on this.
Bitcoin not only has utility, even a lot of utility, the value of bitcoin is created from the utility it gives us, we use it because the utility it brings is superior to fiat, more than gold...In contrast to memecoins, they do not have any utility and their value is being hyped by the sharks in order to make money. That's why the meme has no real value and it becomes 0 when it's no longer hyped.
sr. member
Activity: 770
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Everyone knows that meme coins are coins that have no value, they make big stocks, then there are burning in the hope of increasing prices, relying on promises that will immediately skyrocket so that many people are interested in buying, I have also bought a lot of coins and memes and The result is a loss of more than 50% in less than a month.
that's how the meme coin is. usually those who enter at the beginning of the project will get the maximum benefit. and even then for those who hold firmly to the top of the hype. sometimes even those who enter at the beginning of the project after experiencing a 2x increase they immediately sell it. and when the price of the coin continues to rise. they panicked and bought back from above. so that in the end they even suffered losses due to being consumed by hype. those who are like that are those who have not been able to control their mentality in trading. so in memecoin we have to really know when to enter and when to exit. because memecoin is more speculative and tests luck.
sr. member
Activity: 1358
Merit: 253
Everyone knows that meme coins are coins that have no value, they make big stocks, then there are burning in the hope of increasing prices, relying on promises that will immediately skyrocket so that many people are interested in buying, I have also bought a lot of coins and memes and The result is a loss of more than 50% in less than a month.
full member
Activity: 1134
Merit: 100
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Well, to be honest all of meme coin do not have any value, they only based on the community the coins does not have any utility. But then again Bitcoin basically does not have any utility too, but it has so much value because it got massive adoption, I am not saying that Bitcoin is memecoin or they are alike but it is what it is. So, if the community actually believe in memecoin it might have a future. But for me I will never buy any memecoin.
true, bitcoin does not have utility but bitcoin is the first crypto and besides that most altcoins have a framework similar to bitcoin (but have innovations). that's what makes bitcoin has a high price and has the highest market capitalization compared to other cryptocurrencies.
maybe you are the type of person who likes long-term investment, therefore you don't like buying meme coins. As far as I know meme coin is not suitable for long term investment.
sr. member
Activity: 1778
Merit: 309
Well, to be honest all of meme coin do not have any value, they only based on the community the coins does not have any utility. But then again Bitcoin basically does not have any utility too, but it has so much value because it got massive adoption, I am not saying that Bitcoin is memecoin or they are alike but it is what it is. So, if the community actually believe in memecoin it might have a future. But for me I will never buy any memecoin.
Shiba Inu is a meme coins no matter how the market valued it or not. People are just being considerate and making all meme coins are the same (shitcoins). However, as we look into another picture of Shiba Inu, it looks like something different, it was totally different from other meme coins which are why investors take risk their money on this project.
We are not urge to invest this project, it was just a matter of choice, the same thing why people invest Dogecoin.
legendary
Activity: 1176
Merit: 1005
crunck
Have you ever tried OP investing in Shiba Inu? If you will just draw assumptions in order to ruin a project, you can't please us all. Because you know what, even though Shiba Inu is a meme coin, you can't really say it was not profitable or totally just a shitcoin. Honestly, this project is valuable compared to other coins and people will invest in this project as they believe this could give them returns from their investment. I can't imagine why you hated so much about Shiba Inu or that was your propaganda that make people sell their coin.

Shiba can't be compared to bitcoin or topcoins, but it's really not as worthless as people think. Those who have invested in shiba from the beginning have also made a decent profit, and that is true. And we are in a bear market, all coins are down not just memecoins.  but it seems people are trying to find a way to attack memes mercilessly.
sr. member
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I don't think posting on the forums will have much of an impact. because I see that people on this forum already know the risks they take when entering shitcoins like shiba inu. and it doesn't matter if people come in with their own analysis. but your efforts to warn people are commendable. because very few people care about other people.

But your suggestion is more suitable for posting on regular social media. because outside this forum there are more people who need your advice. while the people on this forum I think already know very well what they are doing. because they have studied in this forum about what memecoin, shitcoin and the like are. even a lot of posts that explain about this.
sr. member
Activity: 1400
Merit: 268
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Well, to be honest all of meme coin do not have any value, they only based on the community the coins does not have any utility. But then again Bitcoin basically does not have any utility too, but it has so much value because it got massive adoption, I am not saying that Bitcoin is memecoin or they are alike but it is what it is. So, if the community actually believe in memecoin it might have a future. But for me I will never buy any memecoin.
legendary
Activity: 2590
Merit: 1022
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Many coins will lose massively value and we need to look very carefully which coins are likely to die.
At first i was fond of meme coin types like shiba but i recently changed my mind, that koi are worthless and pointless, no investor wants to waste their money on memes that have a supply of billions, it's just a waste of time and money, Bitcoin, Ethereum, BNB the right move.
Good for you, personally I do not blame newbies when they get attracted to those meme coins as they are everywhere and the people that have invested in them are always promoting them as if they are the best coins we have in this market, however, I do have a problem with the fact that most of them never move away from those coins after months or even years of losses, so it is nice to see someone which learned this lesson and now they are only interested in the best cons we have available in the market.
There are just investors who usually ride on with hyped coins but still hold them despite not having a firm purpose. Some coins should be only taken for granted in just a short period and are not worth holding in the long run. Shiba has been making a noise for a long time but I don't think it's good for holding.
shiba is still a good meme and still profitable but chances are slim as they have grown millions of times by 2021, i'm not totally against investing in memes but keeping meme money for a long time, i'll be against
it is possible to invest in memes, but do not put all our money into them and hope too much, investing in bitcoin and other top coins is still the most important thing
legendary
Activity: 2716
Merit: 1225
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OP, two out of the three threads you started are merely just to bash tokens? You put these things out there without veritable facts that can be solidly verified apart from the guts feelings many of us also have. We know that in cryptos nothing can be guaranteed. Anything can happen. Come to think of it, how many people in the past (when Bitcoin started) had the slightest idea that Bitcoin was ever going to touch that high it did in 2021 of $68k+? Now, how many even thought it would plummet to what it's today? What about what happened with Luna? You don't blanket a token in condemnation for the mere wish that it fails without concrete evidence of any wrong doing against it. Shiba Inu continues to grow stronger even while several other cryptos are dipping. There must be a reason several exchanges are listing Shiba, don't you think so?
sr. member
Activity: 2422
Merit: 267
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we cannot force people to choose whether they will sell it or keep it. The proof is that Shiba Inu as a meme coin is still widely loved, even considered as a future coin on par with Dogecoin. I think that's quite an exaggeration because Dogecoin has the famous Elon Musk behind it, but Shiba Inu doesn't have it yet.
agree, that everyone may use the funds available to him to make purchases for any coin investment including shiba inu. analyzing whether a coin is good or not is clearly allowed, as long as people will use the analysis that has been done without being able to prohibit buying.

what you say is clear is the fact that meme coins like shiba inu and doge are still very much interested and make for an attractive investment. doge is indeed helped by Elon's tweets but shiba is supported by a very militant community in helping shiba to continue to move up, one of which is to continue to burn their coins and launch many new innovations.
legendary
Activity: 2534
Merit: 1338
Many coins will lose massively value and we need to look very carefully which coins are likely to die.
At first i was fond of meme coin types like shiba but i recently changed my mind, that koi are worthless and pointless, no investor wants to waste their money on memes that have a supply of billions, it's just a waste of time and money, Bitcoin, Ethereum, BNB the right move.
Good for you, personally I do not blame newbies when they get attracted to those meme coins as they are everywhere and the people that have invested in them are always promoting them as if they are the best coins we have in this market, however I do have a problem with the fact that most of them never move away from those coins after months or even years of losses, so it is nice to see someone which learned this lesson and now they are only interested in the best cons we have available in the market.
full member
Activity: 1848
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Shiba Inu or other meme coins seem to be just waiting for time to jump, if only relying on the community and motivating for buy and hold and expectations of 1000x profit in a short time then we must be vigilant, of course the risk is in our hands that make decisions.
That's true but in-line to the OP's post, Shiba Inu doesn't hold any value at all that's why it is classified as a memecoin. Therefore, buying these coins will just be a total waste of time as the rise and dumps of this coin is controlled by the whales and it's really hard to get along with its weather.

It is still encouraged to buy other altcoins in the market that is more profitable in the future and holds real value unlike Shiba Inue. But if you're that someone who would like to take some extra risk then I think this coin is exactly for you.
I'm not against Shiba Inu nor I don't encourage people to invest in this project knowing that it is still profitable if we are too wise enough to manage the situation. But yes, keeping in mind that manipulation can be a cause of our losses so, therefore, don't get attached too long with this project and sell them once you've got some profit. Long-term holding is not ideal for this project but I know that it is indeed profiting and this is the reason why many people still investing and accumulating this, we can't generalize meme coins.

I am also with you here, it depends on the person whether he will invest on this or not. As long as he knows the possible repercussions of investing in a meme token. The lifespan is also questionable as they can easily disappear without a trace. Since most of us are investing for profit, then, it is your strategy on how to make profit out of your investments, meme token or not.
hero member
Activity: 2982
Merit: 610
Shiba Inu or other meme coins seem to be just waiting for time to jump, if only relying on the community and motivating for buy and hold and expectations of 1000x profit in a short time then we must be vigilant, of course the risk is in our hands that make decisions.
That's true but in-line to the OP's post, Shiba Inu doesn't hold any value at all that's why it is classified as a memecoin. Therefore, buying these coins will just be a total waste of time as the rise and dumps of this coin is controlled by the whales and it's really hard to get along with its weather.

It is still encouraged to buy other altcoins in the market that is more profitable in the future and holds real value unlike Shiba Inue. But if you're that someone who would like to take some extra risk then I think this coin is exactly for you.
I'm not against Shiba Inu nor I don't encourage people to invest in this project knowing that it is still profitable if we are too wise enough to manage the situation. But yes, keeping in mind that manipulation can be a cause of our losses so, therefore, don't get attached too long with this project and sell them once you've got some profit. Long-term holding is not ideal for this project but I know that it is indeed profiting and this is the reason why many people still investing and accumulating this, we can't generalize meme coins.
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