If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts.
This statement is true for shitcoins provided you make profit from such coin already, but losses are more likely, but profit can be by chance, then such person should sell the shitcoins and buy bitcoin because the statement is not true for bitcoin, nothing like regret, you will gain. If the price fall, do not sell but just hold and the price will increase back and reach ATH, then no regret. But some people may want to sell for some good reasons, maybe this can apply to them, but there is nothing bad to always hold bitcoin.
Absolutely right. The Rally in meme or shit coins is comes in while and it is very short lived. It benefits few and hurts many fortune seekers who put their monney in these coins to get rich quick. I think we will see Bitcoin reaching above 100K before the end of 2222021 as predicted by many experienced and well known Analysts like PlanB and it will trigger huge Rally in all Top 20 Alt coins of coinsmarketcap. Let's watch and wait for this great moment.
Well at this time obviously there are many who are entering a currency called "shiba" and there is a lot of FOMO there, as long as there is a bullish trend of BTC this may occur and stay up, but at the moment that BTC makes a correction, These coins will fall a lot, for me meme coins are special for those who hunt the pump and dump, and I agree as you affirm, that according to PlanB this year it will reach $ 100k.
Meme coins like shiba really have a big risk when the price drops it looks like it will be difficult to reach ATH,
apart from that if we can use meme coins well, of course it will make a profit too
Yes, and based on the fact that it is always good to have a balance between profits and risks, in this case, in my opinion, the risk is much more, despite the fact that the currency is at a very low price, if it is bought in volume, in USD It could already be something considerable, and there would have to be an Elon Musk or someone similar who can push the coin at a great price, and this type of movement would have either incredible luck, or that the devs are friends of very famous people who They can grow the currency to new levels, but for now what I see is more risk, if BTC does fall, Shiba could take a very hard hit.