Many hesitated to buy Dogecoin all in the name of ( it's meme coin ) and today Dogecoin is 0.25$, something we believe to be impossible in 2017-2019, I was once a 1million + doge coin owner until I sold too early, yea I know Elon musk pumped the coin but think about what a million doge coin would have turned your lives into right now if you bought at 0.00+++, my advice is a million shiba inu won't cost you more than 20-40$ as we speak, that's kind of money everyone can afford to lose, if altcoin season is going to be like 2017ish period this shit coin can surge up to the impossible level
I don't need to warn you that this isn't a financial advice, 20-40$ won't take your life away anyways, I'm just saying it's possible that Elon musk will push Shiba inu too if the chance comes
Before making a purchase decision you should check the coin chart. In this case you can see that here is the classic pump scheme and after the dump in action. If you just want to speculate and earn then this coin at the moment is likely to reduce your position by a distance rather than increase it.
these are prospects for the short term and not the long term.
it's true that we have to look from all sides when doing something and I agree when buying something we must pay attention to the graph of the coin we want to buy.
on the other hand but we also have to be good at taking advantage of momentum because things like this are a shame when used properly.
At first I didn't like pump and dump coins like this because it was very detrimental to those who still didn't know about it.
but the longer this momentum actually takes, it must be put to good use with a note that you must be able to do TA for which you can be held accountable.