Crypto News: Should I Sell My Shiba Inu?

[AJBot]

Shiba Inu’s emergence as one of the top cryptos has come a long way. From just another meme coin to entering the top 10 cryptocurrencies list, dethroning TRON (TRX) in terms of market capitalization, SHIBA has gradually picked up space and enabled investors to trust the coin because of its utility and value. However, in recent developments, it has been reported that many investors sold their Shiba Inu investments and bought other altcoins. So, what does this indicate? We will look at fact ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.

 

[Sincerem]

For me a meme tokens that should be considered for investment and for long-term purposes must have a driven force either by an influencer or any other body that will help boost the price high. That is the only way I can consider to invest in Shiba Inu successfully as long term investment plan.

 

[Chibson]

For me a meme tokens that should be considered for investment and for long-term purposes must have a driven force either by an influencer or any other body that will help boost the price high. That is the only way I can consider to invest in Shiba Inu successfully as long term investment plan.

I don't think Shiba Inu will do much again because it has actually tried. It has made a lot of people millionaires and there are people looking for other cryptocurrencies that would give them the kind of profit Shiba Inu gave to its investors.

 

[Sincerem]

I don't think Shiba Inu will do much again because it has actually tried. It has made a lot of people millionaires and there are people looking for other cryptocurrencies that would give them the kind of profit Shiba Inu gave to its investors.

What you say may be true because the coin do not really have any value or potential . A lot of people will choose to sell it off completely when the hyping is gone .

 

[Chibson]

What you say may be true because the coin do not really have any value or potential . A lot of people will choose to sell it off completely when the hyping is gone .

Please kind of coins is just for profit purposes only. assuming I bought when the value was the very low and I made a lot of money with it I could have sold long time ago and forget about it. But it can still give you some profit in the next bull market if you invest right now.

 

[Sincerem]

Please kind of coins is just for profit purposes only. assuming I bought when the value was the very low and I made a lot of money with it I could have sold long time ago and forget about it. But it can still give you some profit in the next bull market if you invest right now.

If you are buying it now and there is a bull run , you can definitely make some profit . But you might buy it now and market continue dropping further , that is one of the most challenging factors for investors.

 

[Chibson]

If you are buying it now and there is a bull run , you can definitely make some profit . But you might buy it now and market continue dropping further , that is one of the most challenging factors for investors.

I always use dollar cost averaging whenever I am buying cryptocurrency especially in times like this because you can buy with all your money and everything will drop. If there are projects I believe in what are usually do is to buy little by little.

 

[Sincerem]

I always use dollar cost averaging whenever I am buying cryptocurrency especially in times like this because you can buy with all your money and everything will drop. If there are projects I believe in what are usually do is to buy little by little.

This may also be a nice idea to invest but personally I don't know why I can't do it this way , I will just invest all the money I have at a particular period of time in any cryptocurrency project I believe on.

 

[Chibson]

This may also be a nice idea to invest but personally I don't know why I can't do it this way , I will just invest all the money I have at a particular period of time in any cryptocurrency project I believe on.

In the cryptocurrency market, it is important for you to do what works for you. What works for me may not work for you and that is why it is important for you to have your own investment strategy. Dollar cost averaging is one of my strategies in cryptocurrency.

 

[Sincerem]

In the cryptocurrency market, it is important for you to do what works for you. What works for me may not work for you and that is why it is important for you to have your own investment strategy. Dollar cost averaging is one of my strategies in cryptocurrency.

I know , what works for you may not work for me but personally I am trying to avoid a situation that I do not miss out during the bearish season. Those are the time we need to accommodate our favourite cryptocurrency for the next bull run.

 

[Chibson]

I know , what works for you may not work for me but personally I am trying to avoid a situation that I do not miss out during the bearish season. Those are the time we need to accommodate our favourite cryptocurrency for the next bull run.

like I stated before, everyone have their strategies in cryptocurrency. I have my own strategy and I am waiting for the right opportunity to start accumulating little by little.

 

[Sincerem]

like I stated before, everyone have their strategies in cryptocurrency. I have my own strategy and I am waiting for the right opportunity to start accumulating little by little.

There is no problem as long as it works for you bro. Personally I only do those that really works for me in the crypto space. I know sometimes when I buy a particular cryptocurrency the price Keep on depreciating.

 

[Chibson]

There is no problem as long as it works for you bro. Personally I only do those that really works for me in the crypto space. I know sometimes when I buy a particular cryptocurrency the price Keep on depreciating.

This is one of the things you need to have if you really want to succeed in the cryptocurrency space. If you believe in a cryptocurrency even if it is depreciating you need to have faith as long as you bought at the right price.

 

[Sincerem]

This is one of the things you need to have if you really want to succeed in the cryptocurrency space. If you believe in a cryptocurrency even if it is depreciating you need to have faith as long as you bought at the right price.

Yea, I understand it will definitely returns back to the original buying price but just that the depreciation makes you feel that you should have waited a bit longer. But the fact is that you can't even tell the right time to buy.

 

[Chibson]

Yea, I understand it will definitely returns back to the original buying price but just that the depreciation makes you feel that you should have waited a bit longer. But the fact is that you can't even tell the right time to buy.

Definitely, nobody is 100% sure of cryptocurrency and that is why you need to have a strategy in order to always win. You also need to put away your emotions if you really want to succeed.

 

[Sincerem]

Definitely, nobody is 100% sure of cryptocurrency and that is why you need to have a strategy in order to always win. You also need to put away your emotions if you really want to succeed.

I don't always understand how emotion has to do with trading of cryptocurrency or other volatile market , a lot of people have said that it is not a game of emotion . what does it mean to put aways your emotions ?

 

[Chibson]

I don't always understand how emotion has to do with trading of cryptocurrency or other volatile market , a lot of people have said that it is not a game of emotion . what does it mean to put aways your emotions ?

There are people who are always very emotional whenever they are trading and they are always afraid and their mind is always cutting. You need to be strong emotionally if you are a trader in order not to make losses.

 

[Sincerem]

Ok, I understand what you said. I believe people

There are people who are always very emotional whenever they are trading and they are always afraid and their mind is always cutting. You need to be strong emotionally if you are a trader in order not to make losses.

May be so emotional because they do not really understand how to trade and this alone could lead to fear and anxiety about what will happen next in the market.

 

[Chibson]

Ok, I understand what you said. I believe people
May be so emotional because they do not really understand how to trade and this alone could lead to fear and anxiety about what will happen next in the market.

Yeah, lack of knowledge is the major reason a lot of people are emotional in the cryptocurrency market. Anyone who do not have knowledge of certain things in cryptocurrency will always be sceptical and emotional.

 

[Sincerem]

Yeah, lack of knowledge is the major reason a lot of people are emotional in the cryptocurrency market. Anyone who do not have knowledge of certain things in cryptocurrency will always be sceptical and emotional.

Anyway there are so many rules and regulations we must follow when thinking of making money in a particular platform. Most especially cryptocurrency. Not learning how to trade before participation is a disaster , from my personal experience.