Quote from: $anounimus$ on Today at 09:17:14 AM

Quote from: JamesDaniel90 on August 14, 2022, 05:19:36 PM

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.

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?

Holding will be less risky, but there is a chance the price will drop. Selling now and putting the money elsewhere can be profitable for you, but it will be much more risky and you could lose most of what you have. I would say your best course of action here is to hold out until the end of 2022 and see where the market moves from there.

Meme coins like Shiba Inu are better for short-term investments, so if we are already profitable, we should sell them immediately. Because holding
Shiba Inu in the long term will only make us regret, because as we know most meme coins take a very long time to recover and even some meme coins
go to zero. Even though Shiba Inu is a popular meme coin, it doesn't mean that it's safe to invest in Shiba Inu. We have to remember that the Shiba Inu
has no clear function, so the Shiba Inu is at risk of being manipulated by the whales, maybe when we buy Shiba Inu in the near future the price can fall
very deep. Especially now that Shiba Inu is up about 31% in one week, this is quite a high increase, so if we have a Shiba Inu that can be sold right now,
and for those who don't have a Shiba Inu, it's not recommended to buy at the current price. Because usually Shiba Inu will experience a price decrease
if it has gone up high enough like now and don't become FOMO with an increase in Shiba Inu.