Post
Topic
Board Altcoin Discussion
Re: Shiba Inu's future
by
ilovealtcoins
on 22/07/2022, 04:38:06 UTC
According to my observations I think that this coin will grow but not really sure whether i should try to buy and hold some or try micro trading. I'm sure that there're lots of experienced traders who can give me an advice

It seems that quite a lot of people believe that the Shiba Inu will recover and be able to return to the hype, but based on my research and analysis
the risk is too high if we invest in Shiba Inu. Because basically meme coins like Shiba Inu do not have a clear use, then the increase in the price of
the Shiba Inu expects the whales to manipulate the price of the Shiba Inu and create FOMO. Maybe in 2021 many people will be affected
by the manipulation by whales, other than that 2021 was indeed in a bull market situation and Shiba Inu at that time was affected by the price of
Dogecoin which pumped first. So I'm not sure this will happen again, so my advice to you is not to invest in Shiba Inu in a bear market situation.
it will only make you lose money.

Moreover, you still doubt that the Shiba Inu will develop, so it's better you just invest in coins that you really believe that the coins have a bright future.
Maybe you are more confident in the future of Bitcoin and Ethereum than Shiba Inu, if that's the case, why not just focus on investing in BTC and ETH.

You are just guessing and there is no guarantee your prediction is correct. Shiba is a coin manipulated by sharks and there was a lot of hype last year and the sharks have benefited greatly. But that doesn't mean it's dead, the wallet-holding Shiba is still huge. a lot of people mocked the meme, treating it like a coin that will soon disappear. but look at doge, it is longer and more stable than a lot of topcoins before.