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Shiba Inu

Posted on 6/11/22 at 11:00 am
Posted by matty3387
Metairie
Member since May 2018
1700 posts
Posted on 6/11/22 at 11:00 am
Is it good to buy up as much shib as possible right now? I know it has a strong backing with utilities and hope to make a substantial profit once it bounces back. Any thoughts?
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 6/11/22 at 11:02 am to
frick no
Posted by matty3387
Metairie
Member since May 2018
1700 posts
Posted on 6/11/22 at 11:06 am to
Reasoning? Any input would be good
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 6/11/22 at 11:08 am to
It will never hit a penny or more but I believe it will eventually reach 0.0001 mainly because they are burning millions a week and the people behind it are trying to find some usage for it.

So it could hit another mini run within the next 5 years that sees it grow another 1000%
Posted by matty3387
Metairie
Member since May 2018
1700 posts
Posted on 6/11/22 at 11:25 am to
So the "buy low, sell high" take would support this upcoming run?
Posted by ninthward
Boston, MA
Member since May 2007
22040 posts
Posted on 6/11/22 at 11:39 am to
Why not, buy a shitload now when down, and if/when it pumps, sell. It's not like you are buying 10BTC, throw a little money at shib and wait.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 6/11/22 at 11:41 am to
I mean I expect it to drop even lower tbh
Posted by MrSpock
Member since Sep 2015
5072 posts
Posted on 6/11/22 at 12:03 pm to
quote:

Is it good to buy up as much shib as possible right now? I know it has a strong backing with utilities and hope to make a substantial profit once it bounces back. Any thoughts?



Nope. It can drop another 99%. Maybe then.
Posted by BZ504
Texas
Member since Oct 2005
12954 posts
Posted on 6/11/22 at 1:50 pm to
I’ve got a whopping 13M coins. Just HODLing for now.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82060 posts
Posted on 6/11/22 at 2:06 pm to
frick no
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89354 posts
Posted on 6/11/22 at 2:31 pm to
I sold
Mine and
Got out.

Good luck.
Posted by Rize
Spring Texas
Member since Sep 2011
18759 posts
Posted on 6/11/22 at 2:39 pm to
quote:

I’ve got a whopping 13M coins. Just HODLing for now.


I’ve got a couple hundred million and I’ve got mine staked.
This post was edited on 6/11/22 at 2:41 pm
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 6/11/22 at 3:06 pm to
Yeah I have about 300m and staking on crypto.com at the moment, been a nice return
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