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Topic: Shiba Inu Long-Term Holders Are Increasing as Investors Shift Focus - page 2. (Read 335 times)

legendary
Activity: 1946
Merit: 1224
'Life's but a walking shadow'!
I know there are quite a lot of people who believe in shiba coin, whom want to hold the meme coin for the long term, but honestly i wouldn't do that, that does not mean i own any of the coin, but even if i did, i will not categorize a meme coin like it to be a long term project or to be sustainable for many years ahead. Investors that want to get rich pretty fast might think they have hit 'gold' with this meme coin, but it is prolly better to play on the safe side and sell when you can make ROI. Shiba investors might be increasing, i do not know about that, but you would also have to think of it as just hype, and imagine a scenario where the hype is gone. It is better to sell when you can make profits, than hold coins that aren't long term projects and then become a bag holder.
sr. member
Activity: 1582
Merit: 264
~
19%? It is a meme coin anyway, but I would not expect that kind of percentage to be that close to even 10%. I thought this coin was already dead for a long time after the hype along with Elon was no more, lol.
I guess that 19% has some portion where investors forgot that they were holding Shiba.
I would not expect the numbers to be larger than 19% anytime soon. Not a fan of these mem coins anyway.
hero member
Activity: 1904
Merit: 544
We are all the pieces of what we remember.

This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.



I believe that I'm not a big fan of Shiba Inu but was surprised that it is now being traded by two local exchangers here in our country with over 10 million users, these two exchanges only list the best and most profitable coins that they think will go long term I instantly become a supporter of Shiba Inu, I think there's a lot to come on Shiba Inu they are giving Dogecoin a good competition as the top meme coin in the market, only time can tell.

Shiba's daily trading volume is around 500 million, it would be a big loss if any exchange doesn't list shiba. I've also never been a big fan of memes and thought I'd hold onto memes so I could get rich quick. But Shiba is also one of the memes that caught my eye, I also put some money into shiba to seek my luck but not too much. I considered it a gamble and lost it.
sr. member
Activity: 1610
Merit: 294
Tontogether | Save Smart & Win Big
If you look at the current conditions where some people are increasingly interested in maintaining their holdings for a long period of time, it may be because of the deflationary mindset. It will be interesting to see how the situation continues to develop and if any more changes occur and it looks like investors are finally shifting their focus to crypto projects with long-term value. That's a positive sign for the industry, as previous research has shown that this type of project is likely to have better metrics than other cryptos in terms of future price appreciation.
hero member
Activity: 2786
Merit: 568
Leading Crypto Sports Betting & Casino Platform

This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.



I believe that I'm not a big fan of Shiba Inu but was surprised that it is now being traded by two local exchangers here in our country with over 10 million users, these two exchanges only list the best and most profitable coins that they think will go long term I instantly become a supporter of Shiba Inu, I think there's a lot to come on Shiba Inu they are giving Dogecoin a good competition as the top meme coin in the market, only time can tell.
hero member
Activity: 2142
Merit: 584
You own the pen
more people are holding onto it today because they saw the high probability of it getting some high recognition later in the future and more likely it will become one of the top altcoins since its developers are preparing huge updates for it to give their investors some green light to ease their heart and continue trusting the current process. Many believe lately that the token will not gonna be successful because of its price getting drop each day and nothing from the developers getting seems right but nowadays they see the huge potential and they will gonna trust till they see the good results of it.
hero member
Activity: 1344
Merit: 540
Well I guess everyone is trying to be a long term holder for now, not just Shiba Inu. And with the price so cheap, it's definitely worth to buy tons of it and then just hold simply as that.

So it has to do with the bear cycle that we are currently in, and as much as those meme coins are just like that meme coins, investors still flock on them hoping for a big return in the future. So don't be surprised by the numbers, perhaps the article just highlighted because its Shiba.
newbie
Activity: 18
Merit: 8
No matter what you do always leave behind 10,000,000 shib in your wallet just in case, I was one of the few ones that used to hold millions of doge coin but I lose hope and gave up, I could have become a millionaire in 2022.
legendary
Activity: 1694
Merit: 4213
Yoy will forgive me for the cruel joke, but I will tell you about long-term holders using the example of bitcoin.
An investor bought bitcoin at $60,000 and was waiting for a price of $100,000. The price dropped to $30,000. Now the investor has a dilemma: sell bitcoin for $30,000 and become a hamster, or hold bitcoin and become a long-term holder?
jr. member
Activity: 38
Merit: 18
Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.
Really? I thought doge coin got to that price target because of Elon musk? If Elon never came to the rescue I doubt doge will be that huge, 0.005$ per Shiba will be extremely good for me though.
hero member
Activity: 2870
Merit: 612
Omg thats why iam still holding shiba inu for the long long time. I trust the process and believe soon it will be like doge that hit 0.32usd price. Thats why iam still holding it soon shib will be like doge hold hold.

That's too much wishful thinking.
I hold SHIB also for a long time but I wouldn't expect that high because of the holders that have billions of it. Once the price hits 0.0001USD a lot of holders will already be dumping just as investing today will double your money by the time reach that price. But I'm more interested if the development of thier metaverse will really go forward because it might just hit 0.01
sr. member
Activity: 1862
Merit: 259
Long term holders are stuck and waiting for the momentum to sell their tokens, the reality of increasing is clearly visible. But also I'm amazed to them shiba army long holders not sell their tokens to loss. If that's me might not be patient to sell and choose another altcoin to increase my financial value.

I also think so, can't hold the meme Token for too long if it has decreased by more than 50%. it takes a long time to get the hype back on Token memes. For me, meme tokens will only be popular in the bull market.
sr. member
Activity: 1722
Merit: 269
In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Well that news is not really a surprise because the price of Shiba Inu is falling for weeks and months now and of course people don't want to sell below the price that they have paid to get Shiba Inu. Also it is pretty obvious that back in the December of 2021 there were no holder that held Shiba Inu for more than 1 year because obviously Shiba Inu did not even exist a for a full year back then lul.
So i really don't think that the statistics you posted above are a positive indicator for Shiba Inu. This news sounds more like it is written by a Shiba Inu holder itself that is very high on copium. I think the longterm trend for Shiba Inu goes downwards.
legendary
Activity: 3542
Merit: 1352
Excel is fun
It seems that a lot of people still has this coin. Are they really long-term holders for Shiba Inu, or are they just waiting for the price to increase massively before they drop the bomb? A lot of people have been trapped in the last bull run and the instant crash, which could probably explain why a lot of people "decided" to shift to long-term holders for their Shiba.
hero member
Activity: 2072
Merit: 531
Long term holders are stuck and waiting for the momentum to sell their tokens, the reality of increasing is clearly visible. But also I'm amazed to them shiba army long holders not sell their tokens to loss. If that's me might not be patient to sell and choose another altcoin to increase my financial value.
legendary
Activity: 2800
Merit: 1243
Cashback 15%
In mid-June, U.Today reported the percentage of Shiba Inu's long-term holders as 19%, while that of midterm holders was then 77%, only 3% held onto their tokens for less than a month at the time. Back in late December 2021, it was reported that Shiba Inu holders were largely short and midterm holders, with the percentage of each category given as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero. Fast forward to now, and the Shiba Inu holders' composition has shifted dramatically, with long-term owners now outnumbering short-term owners. This might imply a shift in investor focus from a short-term view to a long-term one. This comes as the crypto markets entered into a "bearish phase" or "crypto winter’’, in which altcoins saw between 70%-80% of their present peaks wiped off.

Read full details on U.Today
https://u.today/shiba-inu-long-term-holders-are-increasing-as-investors-shift-focus

It is obvious, that holders are increasing because they don't want to sell at a loss, and this bear market is a good chance to accumulate SHIBA INU and there is no reason for them to sell because the price hasn't multiplied yet.  Just wait when SHIB losses another 0 on the right of its decimal point, then we will see lots of selling in the market for profit.
hero member
Activity: 1946
Merit: 575
I can't say what I want to say about shiba holders because that would get a lot of bad words thrown at me as well. But I have to say, if you are trusting shiba to make you money, then I have an amazing offer of a bridge, I can sell that to you for a big discount. People who are holding are not idiots, they are aware of what they are holding, well not all of course but many of them do and the main reason they do it anyway is because they realized long time ago what the market is all about. Market is not all about great products, its about having hype and price going up, if you put a shit on a platter and people still buy it, then you will sell it without no questions. This is what people are hoping would happen, nothing more.
sr. member
Activity: 2310
Merit: 355
Probably many are still trap on top that’s why they are included as a long term holder, this is still a meme token and for sure if those hodlers sees the opportunity to sell, they will do it without any hesitation. I can’t see any big progress with SHIB and without a hype, meme token is nothing because they have no real usage in the market. If you want to buy and hold SHIB, make sure you are ready for the risk because it may not reach the same level DOGE did, its all about the hype.
full member
Activity: 658
Merit: 101
many people bought shiba at high prices. As a result, since the bear market has started, they continue to hold it in the hope of making up for their losses. That's all for me, the reason for these hand-holds. Besides, shiba is already a complete doge imitation. I can't say if it can be like Doge or not, but imitations always follow the original. It was Elon Musk that enabled both cryptocurrencies to rise rapidly in this market and enter the trends. To me, they're both a total meme coin. You never know what they'll do, so if I had the option, I'd keep the doge, not the shiba for the long haul.
Now people are no longer interested in hearing Elon's tweets on twitter, they don't care about meme coin being laughed at because of the previous hype whale impact increasing trading volume of meme coin, I think Shib coin future recovery is not Elon influence but should release new community supported innovation for recovery High.
hero member
Activity: 2688
Merit: 704
Because it is bearish market in the past months so its not really a surprise that people are holding their memecoin but it doesn't mean they really turned out to be long term investors and trust Shiba more than other coins, simply they are waiting for the right time to sell their coins and make more money. Influencers plays huge role in this as well also some of the biggest exchanges listed that coin so people go with the hype but when we have stats for the long term I mean the real long term like for years then we can conclude that Shiba got the trust from its holders.
This is the correct way to read this information, more long term holders for Shiba does not mean that now people trust more the coin than in the past, those investors are trapped, they tried to earn money with Shiba quickly and their timing failed them.

Then they needed to face a difficult decision and instead of selling immediately for a loss they kept their coins thinking that the price will pump again, they were mistaken and now they have no other option but to keep holding their coins.
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