Quote from: Questat on Today at 11:16:48 PM

Quote from: Botnake on August 25, 2022, 06:48:35 PM

Quote from: Pejoh Asu on August 25, 2022, 03:53:30 PM

Shiba Inu or other meme coins seem to be just waiting for time to jump, if only relying on the community and motivating for buy and hold and expectations of 1000x profit in a short time then we must be vigilant, of course the risk is in our hands that make decisions.

That's true but in-line to the OP's post, Shiba Inu doesn't hold any value at all that's why it is classified as a memecoin. Therefore, buying these coins will just be a total waste of time as the rise and dumps of this coin is controlled by the whales and it's really hard to get along with its weather.

It is still encouraged to buy other altcoins in the market that is more profitable in the future and holds real value unlike Shiba Inue. But if you're that someone who would like to take some extra risk then I think this coin is exactly for you.

I'm not against Shiba Inu nor I don't encourage people to invest in this project knowing that it is still profitable if we are too wise enough to manage the situation. But yes, keeping in mind that manipulation can be a cause of our losses so, therefore, don't get attached too long with this project and sell them once you've got some profit. Long-term holding is not ideal for this project but I know that it is indeed profiting and this is the reason why many people still investing and accumulating this, we can't generalize meme coins.

I am also with you here, it depends on the person whether he will invest on this or not. As long as he knows the possible repercussions of investing in a meme token. The lifespan is also questionable as they can easily disappear without a trace. Since most of us are investing for profit, then, it is your strategy on how to make profit out of your investments, meme token or not.