Quote from: savetheFORUM on Today at 09:59:21 AM

Quote from: FloridaKid on January 18, 2022, 06:17:31 AM

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

It is not going to hurt if you keep holding your shiba inu, anything is possible within the crypto space. Tomorrow it is possible that shiba inu ATH can go over that of doge, but also keep in mind that it can also not go well. But, patients is what you need because you may invest with shiba inu the only amount which is affordable to you on the event of shiba inu gets dumped and delisted from exchanges, so you need to be patience until something happens with shiba inu.

I agree about investing the amount which will not hurt you on losing it but the question is why shiba inu and not any other coin. Because, like shiba inu, we are having at least 100s of similar coins with potential to rise in future. Now, if I invest my small amount into all 100 coins then that will definitely hurt me if I happen to lose 50% of them.

Right. You won't be hurting yourself and won't make a loss if you never sell your Shiba Inu. But the question is how long will you be able to hold them? If the value won't eventually recover again, i think that will hurt you the most because there is no chance to make profits from them. If you are investing in those high risk coins, think of its consequences, and not just the luck that it will bring once it reaches an all time high. So to be more assured that you won't be losing in the end, invest in bitcoin and other established coins as they won't just depend on hype or let's say luck.