Post
Topic
Board Altcoin Discussion
Re: BabyShibaInu about to go bananas
by
sammy21
on 21/10/2021, 14:10:07 UTC
When investing into a coin like BabyShibaInu, you should ask yourself: What value does this coin provide to the crypto/Blockchain space? Only cryptocurrencies with a solid foundation built upon them will stand the test of time. BabyShibaInu lacks strong community backing and real use cases for the mainstream world. I wouldn't count on it as a long-term investment simply because the risks of loss are too high to bear. Just my thoughts Grin

In a trend that runs almost entirely of trying to invest with meme coins just taking advantage of the situation, it would seem ridiculous to make it a long term investment, because of the risks and lack of usefulness as you have written, the profit opportunities that will be obtained when meme coins have been pumped by the trend The current situation is very high, as it used to be with doge, and I'm sure only those who can predict the situation have made a profit, but on the other hand, there are also many people who suffer losses because they just follow the trend. This kind of risk will definitely happen to BabyShibainu because the trend patterns are almost the same.