Quote from: Dailyscript on Today at 09:22:14 PM

Quote from: MFahad on Today at 07:08:21 PM

Quote from: AllYourBitcoinRBelong2Us on Today at 06:13:46 AM

I had an initial investment of 250 on Shib and now it's over 800. Should I sell and buy some other alt-coin or should I hold? Also what altcoin should I buy? Sorry for the stupid newbie post I'm just not optimistic about Shib since it's a poop coin haha.

$550 profit on a meme coin, you are one of the lucky ones and you should exit as soon as possible because meme coins have no guarantee or the ability to hold their price for long because they are dependent on community hype and will start losing value rapidly once the hype starts getting lower. We have seen how quickly these meme coins start losing value every time Bitcoin corrects itself a little, so it's a lot of risk and you will possibly lose your profits back if you don't sell on time.
Sell your tokens and buy an altcoin that has an organic growth mechanism unlike meme coins, you can go for ETH, it has already gone up so much but it will go higher during the bull run for sure.

Once lucky yet he still wants to try other meme coins. This isea is a huge experiment he should take his profit and forget about playing around other meme coins. I feel it is a wrong decisions knowing that shib is one of the top meme coins, including doge coin to.mention only but a few. It will be so painful if he lose his profits he has gained. His efforts have been paid off so he should just relax and dont be in a haste to jump into other altcoins.

Sometime back I also invested huge amount in this meme coin, and then I have to be ended with big lost as well because I was not well aware about this all but this lost give me few lessons which are now I am using and doing good in recent hype I have pepe which give me good profit because I bought this on very low price and then keep as I touch good price I sell them which cover my all loses which I also have on shib.
But still I have to give my opinion as never take risk with these meme coins because usually these hit their high quickly and also disappear as well quickly which are surely not stoppable for anyone just try to go with small amounts and quickly trade as well which give you small profit for your investment.