Slight pullback on Shiba Inu these past couple of days. Not ready to buy more just yet, but I might. I am comfortable with the investment I have made so far, even though I am fully aware that it is a 100% gamble here. Long, long term I don't think Shiba Inu has much value. But short term I think there is upside, especially if it is determined that Robinhood ultimately lists it. My intent from day one was to hold it for one year and see what happens. That has not changed for me yet. This is either a great idea or I am out a couple hundred bucks. We shall see. I am a curious man. lol
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If are spending only what you can afford to lose, I see no flaw in your logics.
Down about 13.5% today, isn't it? I might throw a few more dollars into it on Public since I still have my initial $5 deposit available there. I feel like it's still got a bit further to drop on this one, but that shouldn't matter if Robinhood does pick it up. 😆
I wish there was a way I could put a value on it, but so many of these shitcoins, meme tokens, or whatever you want to call them are simply not easily "valued." And I have never been a charts guy, so this is a pure gamble. If it is down tomorrow again I might throw another $10 at it. But we will see.
Good luck! If you’re gonna gamble, you’ve got much better odds than on a state sponsored lottery ticket.
I would have to agree with you. The odds on the lottery are abysmal at best. lol