Quote from: lixer on Today at 05:40:42 PM

Quote from: Natalim on July 14, 2023, 09:24:45 AM

I'm not sure if you still have Shiba Inu coins in your hands as we'd never hear any updates but whether you still have them, I suggest not to hold them long-term if you want to earn a profit from crypto. Because as I observed, those projects that have been hyped before have drastically moved down and never risen again. And this is going to happen with Shiba Inu because they are just passing by. Projects that don't have a working product and huge community will never survive the competition.

Some people simply don't understand that meme coins are not to be held for long, if you have invested in a meme coin and it has touched a very high point once and started coming down, that is the exact time when you need to sell your tokens back because even if you are losing a few dollars, it's better than having all your money stuck in the token because these tokens can't gain any organic growth and they will stay down forever after that.

So people need to understand that Shiba or any other meme coin, they are not like Bitcoin or Ethereum that they will gain their value back or will go higher than their previous all-time highs even if there is a bull run because they don't have any utility or organic growth mechanism and they will only go up if there are heavy investments.

But how about for those people who had believe on Doge and Shib and now Pepe? Its true that meme coins arent that good to hold for long but there are lots of people who had made out extreme profits and even become
millionaires on just simply holding and buying these memes on which it is really just that right to say that there's no way that we could be able to predict on what are the things that could happen. Despite on having no utility
or having that actual relevance but still they do able to get that huge market share and even do able to sit up on top ranks without having that actual utility which it is really that shocking. If you do have a huge bag with SHIB and still not selling until this very moment then it would be wise that you should really be sticking on what you are currently believing into it. We dont know on what the future holds and this is why
in every decisions be made here on crypto space is somewhat would really be a gamble. We cant really be able to tell if this one would pump out on upcoming bull run or would really be totally be
flippin out by some new memecoins inthe market.