Post
Topic
Board Altcoin Discussion
Re: It won't hurt
by
Wawa2013
on 20/01/2022, 22:46:19 UTC
It won't hurt to have 100,000 shiba inu coin in your wallet you know, I'm saying this because I used to have 1,000,000 doge coin in my wallet but got tired of holding it and sold, we both know how much that it today so we can't say if shiba can make its way to where doge coin is right now, it won't hurt to have some in holding
Well that is not a bad idea, it’s quite good to hold some coins that you feel are good and might increase in the future. But don’t forget that Shibainu is not the same with doge coin; doge coin might have been able to do a comeback, but is that really going to be the same with shibainu?

Another thing you have to consider is the community, Dogecoin has a bigger community than Shibainu, so if there is any of them that has a better possibility of coming back, then it's likely going to be Doge coin. But like I said it’s not bad to hold your coin that you believe would increase in the future, because anything is likely to happen, this is cryptocurrency market. So you can just buy it and keep, and if in the future there happens to be such an opportunity, then youth profit from it.

Holding coins in the long term is indeed profitable if we choose the right coins. In my opinion, Shiba Inu is not the right coin for long-term
investment, because there is no guarantee that Shiba Inu will be like Dogecoin. After all, Dogecoin is an old coin that already has its big community,
so it makes more sense to choose Dogecoin over Shiba Inu. But if in my opinion it would be better to avoid investing in meme coins in the long term,
Dogecoin also managed to hype because of the influence of Elon Musk, not because Dogecoin is a good project. Why don't we choose coins with
strong fundamentals, which are safer for investment. Of course, everyone has their own choice. so please invest in coins that we think are good,
but we must be prepared to risk our own choices. That is the importance of doing research and analysis before making a decision, to be more sure
that our choice is the right one.