Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?
At this date its great to buy but never invest too much in this shitcoin.
I do agree. This is a good time to buy bitcoin and solid altcoins but when it comes to meme coins, we should only invest in it with a minimal amount. It's not good that we should only rely to hypes in making investments because if that hype will be over, does that mean our capital will be over too? So its a perfect time to think about the utility case and usefulness of every coin you want to invest. If you think Shiba is one of them, then make sure to invest in it provided that you know how to deal the risk. Investing in bitcoin and altcoins maybe risky in the first place, but it will be more risky investing in meme coins as they are only good for pump and dump.