A massive run up on Shiba Inu today. But no time to get too excited…

@Porwest 27 October 2021 more from that month

A massive run up on Shiba Inu today. But no time to get too excited or ahead of ourselves. Just fun to watch it run, but who knows if longer term the meme token has any real legs. I have seen some pretty interesting price predictions that make me scratch my head. Only time will tell. In the meantime I will enjoy the short term ride for whatever it is worth.

+KT
+BCH

6 comments

@vaske75 27 October 2021

Yes, the fact that the token had a big boom today, but I'm not a fan of such shit coins that have no future for me, and maybe I'm wrong, you never know.
- @Porwest 27 October 2021
  
  I don't have much use for them either, frankly. For me it comes down to "a trip to the casino." It's money I am willing to lose purely for the entertainment value of the gamble. If I make money on it, super. If I don't? Well, at least I had some fun.
@yukimori 27 October 2021

Makes me wish I'd taken the time to buy a bit of it on Coinbase last week! 😅
- @Porwest 27 October 2021
  
  If any of the price predictions hold true, now would be a good time to buy still. However, it has to be money you are absolutely willing to use. This is a gamble as much as anything.
  - @yukimori 28 October 2021
    
    Pretty much every cryptocurrency is, really. The long-term trend seems to be upward, even if it does take several years. I used to do the crypto faucets several years ago and while those tiny amounts were ridiculous back then it sure did turn out well with how the values increased over time. Added a few dollars of SHIB to my portfolio, so I suppose I'll just average my costs down a bit when the dump comes and hold for the long term.😁
    - @Porwest 28 October 2021
      
      Right now I have only $120 invested in it, but of course that's now worth about $400. I may buy a little more here and there, but my plan is to hold it for a year and see what happens.