Post
Topic
Board Altcoin Discussion
Re: Fact about Shiba
by
Jackl87
on 19/08/2022, 08:40:16 UTC
We all find it hard to move on from a project that did incredibly well, many are still buying Shiba inu today because they believe it can do another 1000% gain in future but the reality is I don't see how anymore, don't get me wrong, Shiba will still be a profitable investment but what I have learnt so far about making the biggest gain in crypto is becoming one of the earliest investors, before the project get popular you should be in, that's when you should be expecting 100x - 300x.

Your statement is definitely true and that is also the reason why it is so hard or even almost impossible to make those 100x of your initial investment. Now in hindsight it may seem clear to everyone that BNB or Ethereum are huge projects with huge marketcaps but a few years ago that was certainly not clear at all and people that have invested into ETH and BNB back then definitely took risk doing so. In the end they made the right choice and should be rich people by now.
With Shiba Inu the same is true but with other parameters because everything went down way faster. The early investors definitely made a huge amount of money, but that time is definitely over now and Shiba Inu is just a useless meme-coin so i don't think it will organically grow in the future.