Post
Topic
Board Speculation (Altcoins)
Re: My List of Altcoins - Discussion and Predictions
by
redsun114
on 19/02/2023, 21:41:40 UTC
I think you should know and make some note, It's only speculation.

There is no guarantee, even there has some release new tech or feature are gonna to guarantee the price are gonna to be increase. I read from your "SHIBA" speculation, seem like you are sure the price are gonna to be increase after release shibarium.
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Second, "MEME" coin it's just like gambling. You're investment list by putting these, are trying to follow the trend and the chance fail still high as well. Off-course all the decision is by you, but in my opinion, it's just like gambling.
Its wrong assumption to predict sure uptrend market on a meme coin like Shiba inu who's the price is unpredictable abd high volatility and easily pumped and dumped at any point, so speculation in the coin market is almost and effort that will amount to a waste of time and effort.
-If you invest in Shiba inu or dogecoin you must know that you are just no different from a gmabler who risks losing all his money on a bet.
-Meme coins can't be trusted and their holding is a big risk.
meme coin/token is a very dangerous asset if held long-term, So it's better to sell immediately when you have a big profit or when the altcoin season arrives. I have some meme tokens that I hold, I really have a big intention to sell them all but right now the price is really bad.
Meme coins, in general, depend on social hype that increases buying pressure and hence a significant but temporary rise in the value. But as history says, that only happens once or maybe hardly ever twice in some cases. For Shiba, that already happened when those who got in earlier made hundreds of thousands of dollars in profit while those who invested when it was at the highest lost almost more than a third-half of their invested capital.

So I doubt if Shiba can be revived again and give a chance to those who had lost a great value of their investment during it's rise to at least get a little compensation for their patience if they are still holding on to it.