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Shiba Inu Has Crashed From Its Outrageous High.

submitted by UncleDoug to Crypto 2.5 yearsNov 17, 2021 02:12:29 ago (+5/-0)     (www.dmarge.com)

https://www.dmarge.com/2021/11/shiba-inu-too-late-to-buy.html

Is Now A Good Time To Buy?

No, you have to get in early for these junk coins.

It crashed because Elon Muppet trashed talked it and all the lower muppets dumped stock accordingly.


13 comments block

sort by: hot new top old low

[ - ] pshawman 2 points 2.5 yearsNov 17, 2021 07:29:21 ago (+2/-0)

It's dropped half value from its ATH.

It's still x10 from its October 1st recent low.

I expect it to return to zero since it is obviously the shittiest of shitcoins.

So it'll probably be $1,000 by tomorrow in this market.

[ - ] MrBrizola 1 point 2.5 yearsNov 17, 2021 08:13:13 ago (+1/-0)

It crashed for like... 20 minutes after elon said he didn't hold any and then immediately bounced back up. Crashes of up to 80%+ are normal for cryptocurrencies, especially lower-cap ones and are known as "opportunities".

The thing about thinking "It's too late" is that you often end up watching it rise and rise and rise.

[ - ] deleted 1 point 2.5 yearsNov 17, 2021 02:47:24 ago (+1/-0)

deleted

[ - ] UncleDoug [op] 1 point 2.5 yearsNov 17, 2021 02:51:20 ago (+1/-0)

Probably not, also because some eCoin doesn't have that much equity, then they cant just lump pay him out what the tentative value of that became.
Shit coins might say they can only give you X amount every cycle, so when everyone else sees you dumping ready to bail they do it as well.

Or at least that's how it was explained to me.

I'm sure he still made heaps, but not $6B, maybe speculatively $2-3M.

It's too late to jump into Shiba IMO.

[ - ] MrBrizola 1 point 2.5 yearsNov 17, 2021 08:26:02 ago (+1/-0)

He split his holdings into 4 new wallets and hasn't sold any just yet, although the panic of him using his dormant wallet for the first time in over a year was a catalyst for the recent drop and made his holdings go from 6 billion to 2 billion i believe.
It is riskier to jump into shiba now... but "it's too late" is often a bad mindset (eg: how many people believed the same of bitcoin at $3k?) and if you were ever going to get in, this dip would be a good opportunity to do so. What shiba has done is unprecedented and there is still much in the works. Just my opinion.

[ - ] RabbiKinderschtupper 0 points 2.5 yearsNov 17, 2021 07:31:01 ago (+0/-0)

I'm up 400% on it. I'm chilling.

[ - ] pshawman 1 point 2.5 yearsNov 17, 2021 07:33:46 ago (+1/-0)

I would be selling blocks of coin by now.

[ - ] RabbiKinderschtupper 1 point 2.5 yearsNov 17, 2021 07:45:19 ago (+1/-0)

Let me rephrase. I'm up 400% after selling more than half. The things I diversified into are all also up 400% - 500%

I'm chilling.

[ - ] pshawman 0 points 2.5 yearsNov 17, 2021 15:31:48 ago (+0/-0)

That's more like it.

[ - ] PeckerwoodPerry 0 points 2.5 yearsNov 17, 2021 02:48:38 ago (+0/-0)

Why the fuck would you invest in something that can lose value if someone talks about it?

Ammo, food, gold, silver in that order. Stop trying to get rich quick and start trying to stay alive. If you have extra grab a couple cases of Bic lighters, toiletries, bulk drinkable alcohol, and socks.

[ - ] pshawman 2 points 2.5 yearsNov 17, 2021 07:32:21 ago (+2/-0)

How does the stock market even exist? Cause the herd is fucking retarded. Peeps invest in crypto cause they literally have NO OTHER CHANCE of making money like this for the rest of their lives.

[ - ] MrBrizola 2 points 2.5 yearsNov 17, 2021 08:14:34 ago (+2/-0)

lmao seething no-coiner detected. Enjoy being a wagie!

[ - ] deleted 0 points 2.5 yearsNov 17, 2021 15:32:33 ago (+0/-0)

deleted