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Topic: Shiba Inu has no value and shouldn't be bought - page 2. (Read 561 times)

sr. member
Activity: 2296
Merit: 256
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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.
member
Activity: 406
Merit: 14
take a look on the Binance, and Shiba is trading at $0.00001338, if you say that shiba is no value of course you are wrong!,
shiba is very popular with traders, because with them buying only $100 they can get a lot of coins,
and if the price of Shiba can afford it to $0.1 imagine how much profit you will get for $100?
hero member
Activity: 1946
Merit: 502
People are mostly trading shib to gain profit so i doubt the majority are going to be holding shiba inu for long term, if trading it bring profits to traders then why will they stop, the essence of trading a token/coin is to gain profit.
Although, Despite knowing this project was originally created as a meme token, some investors will buy it for long term hoping to make huge profit just because Elon Musk has been supporting it strongly, some people are more interested in the hype than utility. 
legendary
Activity: 2072
Merit: 1023
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There was an increase last year, then shiba inu again declined due to the unfavorable market situation for the time being, so in investing we must have their own mission and coins such as shiba inu are indeed some investments very reliant on for the future, but for beginners coins such as shiba inu must be considered because the risks are very large, so for large investors, it is indeed ready for them to face.

If not for Doge that rally last year with the help of Doge's father Elon, I don't think we will see the likes of Shiba Inu and other meme tokens that have diluted the entire market, they are created because of the demands by investors and plenty of people who bought them when the price was low have all sold and move on. If you check their telegram group or twitter, they don't have anything to show for investors because the hype is gone. I will only advise people to buy good tokens and stay out of shitcoins like the Inus family.
You're right, it was Elon who created the hype of the meme and helped it grow into what it is today. But admittedly what Shiba is doing better than Doge, I don't know where the project will lead but for what they set out is to create their own exchange, private blockchain, and NFT marketplace...are things worth following this project. Investing in doge or shiba is not too bad, but always be careful when investing and only invest with money that you can afford to lose.
hero member
Activity: 1666
Merit: 453
Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!
And reason number two why coins are going die is a lack of good tech.

If you see a coin now, where
- it is a copy
AND
- it is bad tech
Plz go IMMEDIATELY SELL such coins because such coins will die and you will get a massive LOSS.

One of such coins is Shiba Inu because it is a cheap copy from Dogecoin!
And longterm, it will be failed because it doesn't have innovative tech.
Shiba Inu coin is a very weak coin and it is just pushed by marketing and Elon Musk. Shiba Inu is just driven by hype and hot air, it is not justified and will fail very bad.

Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS

I think from what you are saying dude, this is probably a method of yours to make others think to sell and if that happens, the Shina Inu might drop a lot, so that if its price value falls in the market, you will inform the buyer in bulk then you hold it for a long time until the bull run returns to the market again.

Then if the Shiba Inu has no value, why does its market volume reach 866M$ plus https://coinmarketcap.com/currencies/shiba-inu/? Also, even the exchange in the top 100 here in the crypto space always includes SHIB in it. I also know it's meme coins, but of all the meme coins or shitcoins, only this and Dogecoin succeeded here, honestly, let's just talk real.
full member
Activity: 546
Merit: 148
There was an increase last year, then shiba inu again declined due to the unfavorable market situation for the time being, so in investing we must have their own mission and coins such as shiba inu are indeed some investments very reliant on for the future, but for beginners coins such as shiba inu must be considered because the risks are very large, so for large investors, it is indeed ready for them to face.

If not for Doge that rally last year with the help of Doge's father Elon, I don't think we will see the likes of Shiba Inu and other meme tokens that have diluted the entire market, they are created because of the demands by investors and plenty of people who bought them when the price was low have all sold and move on. If you check their telegram group or twitter, they don't have anything to show for investors because the hype is gone. I will only advise people to buy good tokens and stay out of shitcoins like the Inus family.
member
Activity: 789
Merit: 10
I prefer to avoid coins that can only take advantage of trends, it looks like shiba can be said to be coins that appear when the doge trend is up. Although it can be said that the shiba community is quite large, it is true that using the community alone cannot guarantee that there will be no advantages to the project. As we all know shiba is just a meme coin I don't think there is anything interesting about this project except for a joke.
full member
Activity: 1088
Merit: 102
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.
legendary
Activity: 2534
Merit: 1338
Not just a copy of Dogecoin, but it is a memecoin and a Shitcoin. Let's forget the fact that it is a copycat of Doge, like the puppy one. Let's just look at it as a coin with no real use case.
And, YES it is fundamentally no value at all, but hey people are actually chasing what they think they can give them a good and easy way of profit. Thus, that's the result of riding so much with the hype, it TEMPORARILY made a few cents. As much as I don't want to believe, but Shiba could still run a little longer as people are still buying it and made it to the top coin. Plus, it's being consistently hyped up by many.
It is true that when it comes to meme coins there is nothing which backs their existence and for the most part those coins only have one function, which is to speculate with them, and since enough people have been convinced that they can use those coins to increase their wealth they remain in the market despite how useless they are, so until enough people recognize the truth those coins will continue to exist no matter how much we may disagree with it.
sr. member
Activity: 1701
Merit: 308
There was an increase last year, then shiba inu again declined due to the unfavorable market situation for the time being, so in investing we must have their own mission and coins such as shiba inu are indeed some investments very reliant on for the future, but for beginners coins such as shiba inu must be considered because the risks are very large, so for large investors, it is indeed ready for them to face.
hero member
Activity: 2716
Merit: 552

One of such coins is Shiba Inu because it is a cheap copy from Dogecoin!
And longterm, it will be failed because it doesn't have innovative tech.
Shiba Inu coin is a very weak coin and it is just pushed by marketing and Elon Musk. Shiba Inu is just driven by hype and hot air, it is not justified and will fail very bad.

Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS

Not just a copy of Dogecoin, but it is a memecoin and a Shitcoin. Let's forget the fact that it is a copycat of Doge, like the puppy one. Let's just look at it as a coin with no real use case.
And, YES it is fundamentally no value at all, but hey people are actually chasing what they think they can give them a good and easy way of profit. Thus, that's the result of riding so much with the hype, it TEMPORARILY made a few cents. As much as I don't want to believe, but Shiba could still run a little longer as people are still buying it and made it to the top coin. Plus, it's being consistently hyped up by many.
member
Activity: 519
Merit: 12
Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!
And reason number two why coins are going die is a lack of good tech.

If you see a coin now, where
- it is a copy
AND
- it is bad tech
Plz go IMMEDIATELY SELL such coins because such coins will die and you will get a massive LOSS.

One of such coins is Shiba Inu because it is a cheap copy from Dogecoin!
And longterm, it will be failed because it doesn't have innovative tech.
Shiba Inu coin is a very weak coin and it is just pushed by marketing and Elon Musk. Shiba Inu is just driven by hype and hot air, it is not justified and will fail very bad.

Shiba Inu is a shit coin at initial time was created, which was driving up by community support, with a steady burning mechanism for every transaction made, which is not only that. But has also burn More than 30% at initial time. Before was listed to Binance, attract many investors to skyrocket in price, therefore Shiba Inu is not longer a shit coin we know before, and price of Shiba Inu is going to be a cent, which is $0.01 as the prediction statistics stated. Hence take a look at daily burning record show on link below:
https://www.shibburn.com/
sr. member
Activity: 2828
Merit: 344
win lambo...
You are right in your saying but We cannot deny this fact that most of users just enter into market because of these Memecoins. Shiba Inu was promoted by many YouTubers and many newbie who did not know how to buy and sell crypto follow YouTuber instructions and buy Shib. Shiba Inu gave Huge profit to these Early buyer and many whale are still in favour of Shiba Inu. I believe that in long term it will go down hard but not bad for short term  if someone use just 2-5 percent of Portfolio.
indeed, the Hype of meme coins at that time was very big, and the presence of Shiba Inu which always says better than Doge also attracted many investors and also holders. We also cannot deny that many people have got big profits from this meme coin.
But, is it enough to say that Shiba Inu is a worthwhile investment in the long term? I don't think so. Many people may have a big profit, but many other people also lost so much money on this meme coin. In my opinion, meme coins or other coins that rise up because of hype will not be good for long-term investment. It is better to get into the top coins that have exact fundamentals and values rather than investing in this kind of coin, that has bigger risks.
I'd see the risk in projects that have been hyped, many projects turn to nothing after the surge but these Shiba Inu and Doge had even stayed in the market for a while which is why many investors have the guts to invest in them. And if we talk about profit, absolutely many investors made a lot of money from them but yes, I was going to agree that holding them for long is not a smart choice knowing that it was a meme coin and can't just ignore how they look like.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
You are right in your saying but We cannot deny this fact that most of users just enter into market because of these Memecoins. Shiba Inu was promoted by many YouTubers and many newbie who did not know how to buy and sell crypto follow YouTuber instructions and buy Shib. Shiba Inu gave Huge profit to these Early buyer and many whale are still in favour of Shiba Inu. I believe that in long term it will go down hard but not bad for short term  if someone use just 2-5 percent of Portfolio.
indeed, the Hype of meme coins at that time was very big, and the presence of Shiba Inu which always says better than Doge also attracted many investors and also holders. We also cannot deny that many people have got big profits from this meme coin.
But, is it enough to say that Shiba Inu is a worthwhile investment in the long term? I don't think so. Many people may have a big profit, but many other people also lost so much money on this meme coin. In my opinion, meme coins or other coins that rise up because of hype will not be good for long-term investment. It is better to get into the top coins that have exact fundamentals and values rather than investing in this kind of coin, that has bigger risks.
sr. member
Activity: 1722
Merit: 269
Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!
Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS

I am also not a fan of meme-coins, to be honest i dislike them pretty much and i am also very happy that the whole meme-coin (or shit-coin if you ask me) hype is almost over now. A few months ago it was just extremely crazy and stupid what was going on. There were like hundreds of new meme-coins appearing each and every day and the only reason for that was that Elon Musk made a tweet about Dogecoin. Obviously that is not enough to justify the creation of a new crypto project, let alone hundreds of those.
Even i have to admit though that Shiba Inu definitely was the most successful one of those meme-coins and even though i would never invest a single dollar into it i do think that it will still be here in a year.
member
Activity: 467
Merit: 61
Of course, people have different views about the Shiba Inu. Regarding the chat that tells about the Shiba Inu, of course there are always pros and cons. If I look at the Shiba Inu ranking in CMC, it is ranked 12. And in my opinion, Shiba Inu is suitable for short-term or long-term investment. because shiba inu have a lot of demand and one of the reasons they invest a lot in shiba inu is because they see the price is still cheap, and many predict the price of shiba inu in the future the price will rise. and I myself also invest in shiba inu for long term investment.
legendary
Activity: 3122
Merit: 1102
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Shiba might not have its purpose and could easily be manipulated but wise investors are just taking advantage of this active coin. It will still be profitable because its volatility is high. I don't think buying it would be a bad decision as long as we're taking advantage of its pumps and dumps. I think the only bad thing is when we put too much hope into it.

Yes, even though it's a meme with no utilities or use value and is only used for hype. Nevertheless, investing in it is not such a bad idea, we are here to make money so we can invest whatever we find profitable as long as we know what we are doing and that we are willing to take the risks that come with it. Treat this as a short-term, speculative investment, don't invest more than you can lose or put your hopes too high on it.

mostly, the idea in investing in crypto is just to take profits and people overlook their use case in the market. so there's nothing wrong in investing like for example in this meme token, shib. so long you know what you're getting into and not blame anyone if your investments got screwed up. this is why some traders are just checking the market movement and identify which points they want to sell to get their profits.
sr. member
Activity: 1876
Merit: 318
Shiba might not have its purpose and could easily be manipulated but wise investors are just taking advantage of this active coin. It will still be profitable because its volatility is high. I don't think buying it would be a bad decision as long as we're taking advantage of its pumps and dumps. I think the only bad thing is when we put too much hope into it.

Yes, even though it's a meme with no utilities or use value and is only used for hype. Nevertheless, investing in it is not such a bad idea, we are here to make money so we can invest whatever we find profitable as long as we know what we are doing and that we are willing to take the risks that come with it. Treat this as a short-term, speculative investment, don't invest more than you can lose or put your hopes too high on it.

That's why it's not a good idea to invest in Shiba Inu in the long term, because meme coins don't really have a clear purpose. The price increase is
because someone manipulates it, so we have to be careful if we want to invest in Shiba Inu. Making the wrong decision is very risky, because we have
to take advantage of the pump and dump that happened to the Shiba Inu. Therefore, as you said, we should not invest with too large a capital and
also do not expect too high. If we can take advantage of the hype that is happening, then we can make a satisfactory profit, that's why newbies are
not advised to invest in Shiba Inu. Because only experienced people and have good analytical skills, which one can make profit from Shiba Inu.
It is not easy to make profit from meme coins, we must be able to buy and sell at the right time, wrong decisions can make us suffer losses. After all,
it takes longer to recover meme coins than top coins, that's why if we buy Shiba Inu at the peak price, we better do a cutloss.
hero member
Activity: 2268
Merit: 579
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Shiba might not have its purpose and could easily be manipulated but wise investors are just taking advantage of this active coin. It will still be profitable because its volatility is high. I don't think buying it would be a bad decision as long as we're taking advantage of its pumps and dumps. I think the only bad thing is when we put too much hope into it.

Yes, even though it's a meme with no utilities or use value and is only used for hype. Nevertheless, investing in it is not such a bad idea, we are here to make money so we can invest whatever we find profitable as long as we know what we are doing and that we are willing to take the risks that come with it. Treat this as a short-term, speculative investment, don't invest more than you can lose or put your hopes too high on it.
staff
Activity: 2436
Merit: 2347
Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!
And reason number two why coins are going die is a lack of good tech.

If you see a coin now, where
- it is a copy
AND
- it is bad tech
Plz go IMMEDIATELY SELL such coins because such coins will die and you will get a massive LOSS.

One of such coins is Shiba Inu because it is a cheap copy from Dogecoin!
And longterm, it will be failed because it doesn't have innovative tech.
Shiba Inu coin is a very weak coin and it is just pushed by marketing and Elon Musk. Shiba Inu is just driven by hype and hot air, it is not justified and will fail very bad.

Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS

What you wrote makes little sense, because you touch on superficial criteria, but forget about others, which may be more important than those you take into account. You can't say that a Shiba is a cheap copy of some coin, because that copy has long since surpassed the original in functionality and you certainly can't call it cheap anymore. The other factor you are overlooking is that as long as big investors invest in the coin, it will grow, even though it is a copy of some project. In cryptocurrency, the originality of a product decides very little, and the support and influence of large funds and Influencers decides a lot.
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