The kind of opportunity that came with Dogecoin and SHIB is the kind that comes once in a while. And it is something that happens when you least expect it to happen. So, let’s say that you decide to buy these coins and keep them in your wallet, how long would you be able to hold these coins ,is it going to be two years, five years, or ten years?
And what if it is something that is going to repeat again in the next 15 years, would you be able to hold for that long? So that should be the question. And another thing you also have to know is that new trends are coming out almost every year in the cryptocurrency market, and they might likely clear out this old coins or projects, just like we already have the Metaverse and NFT.
It may never happen again to the same coins as well. There could be some coin out there, or maybe not released yet which will make kind of profit that doge or shiba made for some people, but it may not be them exactly but some other one. I can't say if that is going to even happen to ones that we are aware, how many people missed out on the last memecoin hype? I certainly missed it and I am sure some other people missed it as well.
This is a proof that you may miss the next one as well. So we should not be looking at things that can make is insane returns but look at things that look like they have a good chance to be higher in 10 years, like bitcoin or ethereum or any other fundamentally solid coins.