Quote from: sana54210 on October 25, 2021, 08:23:52 PM

Quote from: Furious 7 on October 25, 2021, 02:43:28 PM

The meme coin will not grow but can survive because of the hype that is always created by the influence of popular people, for example, Elon Musk, people still have a lot of influence on him and even think that Shiba will reach $ 1 this is very unrealistic as with the price of Doge at that time if Shiba up to $1?

The point is, as long as there is an opportunity and you can take advantage of it for profit, then do it because from here we can get it easier as long as it's not long term, as long as the hype is still going up then this will continue to rise again.

I have a friend who gets into every small and brand new thing with 50 bucks or so, he gets out very quickly when he makes profit and never looks back. Shiba is a token like that, get in, make a profit if you can, and get out. If you hold it long term you will end up losing money there is no other way around it.

There are some people who still believe that after 3-5 years it will still be around and it will still be a good token, but that is not something realistic at all. Even doge will go down, it will not be something this high, sure it had a hype thanks to Elon Musk for a while, but that hype cannot go on forever, eventually it will die down.

Shib is like investing in human stupidity, which has no limits. Decide on a limit and a reasonable amount of 50 bucks just like it is easy to lose. Anyhow, SHIB continues to make many millionaires, that's true! Some have already 10x or more their portfolios. ShibaInu will make people rich, and many dreams will come true. However, if you hold on too long, nothing will happen.

Therefore, if investing in a hype token brings me dollar profits, I'll buy it. Whether a project is dumb or not doesn't matter. There are some people who expect 10-100x growth and still buy because they think they are early. So thing keeps growing.