Quote from: bitkanu on January 29, 2022, 11:41:49 PM

Quote from: Montane on January 29, 2022, 11:37:18 PM

Hi,

I am sort of new to investing and have some funds to invest. Dogecoin and Shibacoin have been going through much hype in 2021 so I am thinking of purchasing some of this new coin ShibaDoge. But I am a little confused, if I do purchase it by exchanging it through ETH and then later on I want to sell it, how do I sell it?

So, are you wanna say if you wanna buying it through ico or ido? If you are able to buying it with your ethereum and you must able to do vice versa, right? If it doesn't listed in the market and then you will not able to sell your shiba doge. Is not it better when it goes to the exchange site? im sure that you will still able to sell it through dex as the new meme tokens will always be listed on dex.

Quote from: Montane on January 29, 2022, 11:37:18 PM

Do I have to physically find someone who wants to buy it off me?

You don't need to do that but the right party that can answer this question must be the developers of sibadoge. that's a new coin. Ask the dev about that. If they didn't have ETA to list your siba doge and then avoid to buy this meme token. I should remind you that meme token potentially to be another scam token. You must be careful with it.

Even if they do have an ETA for listing, this might not mean it will be listed as stated. You must understand that investing in Cryptocurrencies, in general, is a risk and even more so with meme coins that have not been listed. If I do ever decide to invest in any meme coin then I will suggest waiting till listed at least it wouldn't just blow immediately after listing but you might have a chance to buy it then for low price.