I have 20 million Shiba Inu that I bought a few months ago and forgot about , it is one of the smaller positions in my portfolio.
Just wondering why it is pumping and realistically what this can reach in 2 or 3 years?
Not sure if I should sell all and re invest in one of my larger positions or if I should just hold the 20 million I have and see what price it reaches in a few years?
My advice is not to sell shiba coins even though the price has started to rise. shiba coin is a meme coin that has potential and is very worth holding for a long time, one day I am very sure the price of shiba will go up drastically, if you sell it now you will regret it later.
I dare not say that holding Shiba for a long time will be very profitable, because it is difficult to predict the future of a coin other than bitcoin, especially for memecoins, often judged as having no utility so the future is unclear. Holding Shiba will be no problem as long as you only invest in it with money that you can lose, or in my opinion should take partial profit to preserve capital and profit we can hold long term without too much pressure.