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re: Shiba Inu is booming

Posted on 11/4/21 at 11:07 am to
Posted by Who_Dat_Tiger
Member since Nov 2015
24810 posts
Posted on 11/4/21 at 11:07 am to
I’m up big enough that I’m going to ride it out as my lottery ticket play. At least til the Robinhood announcement I know has to be coming.

I was up 60 grand though so not gonna lie it hurts now that I’ve given 40k of that back already
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6547 posts
Posted on 11/4/21 at 11:13 am to
Amazon to start accepting SHIB soon.
Posted by touchdownjeebus
Member since Sep 2010
26111 posts
Posted on 11/4/21 at 11:32 am to
quote:

Amazon to start accepting SHIB soon.


Oh shite, lol. Why is everyone getting in on this coin? I really don’t quite understand crypto and just hope I fell into something just by being an idiot snd buying 5 different cheap coins.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 11/4/21 at 11:36 am to
Apparently not even close to the floor, I just picked up some more
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6547 posts
Posted on 11/4/21 at 11:40 am to
Just made another deposit in my Webull account. Annoying it takes several days to clear
Posted by touchdownjeebus
Member since Sep 2010
26111 posts
Posted on 11/4/21 at 11:42 am to
I use crypto and it’s instant. I guess the fees may be high, but like I said, I don’t know WTF I’m doing.
Posted by PotatoChip
Member since May 2014
4786 posts
Posted on 11/4/21 at 11:43 am to
When/where did you see this? All I have found was a petition by shiba owners to amazon to drive the price of the coin up. I’m curious if companies like amazon would take a coin that wasn’t one of the more stable ones.
Posted by Who_Dat_Tiger
Member since Nov 2015
24810 posts
Posted on 11/4/21 at 11:44 am to
Voyager allows you to buy instantly while you wait for funds to clear. I do all my crypto trading on there and would recommend it for traders because of the rewards.

I’m sure big crypto heads wouldn’t recommend it though since you don’t have your own secure wallet but you can still send and receive coins from an address in your account so it does all I need it to do.

I’m going to have to look into the Amazon accepting SHIB payments. First time I’m hearing that one.
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6547 posts
Posted on 11/4/21 at 11:48 am to
quote:

When/where did you see this?


LINK
Posted by PotatoChip
Member since May 2014
4786 posts
Posted on 11/4/21 at 11:50 am to
That is a tweet hoping they will start. There is no date set because they won’t accept it “soon”. They are definitely pumping hard.
Posted by Who_Dat_Tiger
Member since Nov 2015
24810 posts
Posted on 11/4/21 at 11:53 am to
Yeah that’s just a rumor but this a meme coin and they run solely on pumping rumors like that. Hell the Robinhood listing is just a rumor as far as I know too. Haven’t seen any press releases from Robinhood either tbh
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6547 posts
Posted on 11/4/21 at 11:53 am to
Ya they've been trying to pump very hard. Times Square electric billboard ads, tweeting about buying the dip, robinhood, kraken, amazon, etc. Full marketing assault.
This post was edited on 11/4/21 at 12:01 pm
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6547 posts
Posted on 11/4/21 at 11:55 am to
quote:

Haven’t seen any press releases from Robinhood either tbh


RH apparently teased SHIB in an IG post yesterday.

LINK
Posted by touchdownjeebus
Member since Sep 2010
26111 posts
Posted on 11/4/21 at 11:57 am to
Just get to a damn dime. Let me be on the right side of this please.
Posted by aubie101
Russia
Member since Nov 2010
3601 posts
Posted on 11/4/21 at 12:05 pm to
quote:

Just get to a damn dime. Let me be on the right side of this please.


I would take a .02 profit lol. My wife bought twice. Once at a dip (not a low dip either), than at a peak(000080). This coin is killing my overall portfolio.

Oh well.
Posted by touchdownjeebus
Member since Sep 2010
26111 posts
Posted on 11/4/21 at 12:22 pm to
I bought 30m for like 100 bucks a while ago. I bought 5 coins randomly, 100 bucks a pop.

Pulled out my 500 bucks and now I’m just hoping for a dime.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/4/21 at 12:41 pm to
quote:

Amazon to start accepting SHIB soon.
Posted by Who_Dat_Tiger
Member since Nov 2015
24810 posts
Posted on 11/4/21 at 1:46 pm to
Hoping for my sanity we stay above .00005 until the next run up. If we double up from here I’ll close nearly all my position at .0001.
Posted by Who_Dat_Tiger
Member since Nov 2015
24810 posts
Posted on 11/4/21 at 1:47 pm to
quote:

RH apparently teased SHIB in an IG post yesterday.


Juicy
Posted by Snoopy04
Republic of Texas
Member since Aug 2015
3217 posts
Posted on 11/4/21 at 3:13 pm to
quote:

Will it recover or is it pretty much over? I’m not familiar with these meme coins and their long term viability
I'm not going to try and sound like some expert. I made a decent profit on shiba getting in early before the big pump, but I'd be lying if I said I didn't chase some gains only to lose some the past 2 days. I'm still up but barely.
quote:

meme coins

There's no formula for these in my opinion other than do your research and see if said research receives a lot of views from the public. I feel like meme coins find success on trends and FOMO. The experts will get in right before pump and get out right before the dump. Elon tweets have been 2 of the biggest catalysts for SHIBA. I'm still HODL'ing my SHIB hoping for a big spike but whether it has another jump or continue to dip is any[normal person]one's guess.

Don't put all your eggs in one basket, but if there's a coin you're willing to gamble some money on for longterm hope just make sure you are willing to consider that investment a sunk cost. Accumulate over time in small portions if that's your desire.

Like I said, I'm no expert and have made my mistakes along the way with crypto. I try to "invest" in coins that have good potential for future use. I plan on holding those long term. JASMY has had some positive news this week as well as LRC having a nice pump since having some news with Gamestop.

Other than a few of those, I gamble with the meme coins for the adrenaline rush and hope I strike gold



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