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Alias Born | 06/03/2014 |
Sunday, May 28, 2023 12:01:45 PM
The disappointed people are expecting too much too fast. Ironically, they seem to complain that Shiba Inu is a scam investment, yet it's the fact that it's not a scam which is currently keeping the price down. If it were a scam, they could do some mass burns to draw people in and then cash out. Oddly, that seems to be what many on here want because they apparently would love to cash out being in early and don't really care about the many people that would be left holding the bag in that scenario. So before calling Shytoshi a scam artist, you all might want to look in the mirror. The evidence seems to support that the Shiba Inu team is really trying to build something legit here. Will it work out? Not necessarily. But that's what we are investing in. Building something real takes much more time than a scam. The payoff may still be years away. But if the Shiba Inu team pulls this off, the rewards for us investing at these levels could be enormous. Retirement plus type of enormous.
There are different ways to play this investment. Boiler has talked about the success he has had recently flipping it. It seems to work for him, but I don't want to risk being out at the time the price starts to take off. Everyone knows just how fast the price could skyrocket when it starts moving. But again, if you're holding your investment like I am, patience is required. It's the ecosystem being fully operational that will make this investment a success and so far, it's still just being put together. Shibarium, the metaverse, and more real world partnerships are what this hinges on so we need to let them get going before conclude it's a failure.
My opinion is that the best way to play this is to have both a long term investment that you hold and then keep a portion to trade in an out on any movements. The problem is that it requires investing more money to do it that way. Those that have more money to play with are in the catbird seat in my opinion.
There has been a lot of good things happening in the last couple of years since the all time high price. When an investment goes up by millions of percent, a pull back shouldn't be shocking. My opinion is that Shiba Inu has showed remarkable strength because the pull back could have been much worse. Everyone knows that the 500 + trillion tokens still remaining are hurting a big movement upwards. But I expect that a time will come when the supply gets reduced enough, we will see the reverse effect. The shrinking supply will make it easier for big price movements upward. Those days are going to be really fun in my opinion.
Again, these are only my opinions. I have no connection to Shiba Inu other than my own personal investment. I think I have a decent grasp on what the Shib guys are trying to accomplish so I like to share my thoughts from time to time. Good luck to everyone. Enjoy the holiday weekend.
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