Crypto Currencies ~ " Duck Tales Spin From The Crypt"

Can anyone burn? I imagine nobody here is too interested in that haha

 

Yes, there is an address where you can send your Shiba to be "burned". Essentially the coins aren't actually being "burned" per say, they are just being sent to a wallet address that no one has access to thus taking those coins out of the total supply.

 

I agree, if it hits $0.01 it will essentially have market cap equal to or greater than Bitcoin. But no one ever thought Dogecoin would go over $0.50 or whatever height it reached before Elon Musk went on SNL.

Whatever height Shiba Inu reaches, it's all profit for me so doesn't bother me much since my initial investment was not much.

Shiba popped big in the last day.

 

What's truly mind blowing. If you bought $100 worth of Shiba Inu in January 2021 it is worth over $79 million.

 

I keep seeing that being reported about this uptick in price because of Robinhood. I don't believe Robinhood has anything or very little to do with it. This big surge is because there are some whales making huge purchases. Smart money wallets.

https://news.yahoo.com/shiba-inu-coin-getting-boost-193942502.html

 

Is there a central hub for finding out when these things are available to purchase? I’ll drop $20 on every one of them until I’m broke if this is the case

 

80% of Shib is held by whales, not my cup of tea always look back and wish I could have gotten in and made some quick big gains but I will stick to projects with sound fundamentals.

Now can we please talk about how much money I lost in ETH today!

 

Maybe the Reddit forums? I don't even remember how I heard about Shiba Inu.

The Shiba Swap exchange is pretty interesting. They are creating an entire ecosystem. There's Shiba Inu, Bones, Leash, and now NFTs.

https://shibaswap.com/

 

Robinhood opens shib to a much larger group of people who dont want to have a coinbase account, or dont know how to use crypto wallets or mine. By adding a huge new group of people who will see the momentum and the cheap price, they will buy in more and will end up driving the price higher.

Then there will be the people who believe in the coin and keep it, then the people out to make a quick buck (me) who will sell out after making a nice profit.


I did buy a few million more today, not as much as some people have though.

 

Are there any rules-of-thumb for profit taking? I’d love to slide out my original investment and leave the profits to chance but if thing keeps rising I’ve halved any earnings thereafter.

 

You take your chances. Sometimes you can take your original money and dump it into something stable since your original coin can dump hard and you lose it all.

 

I understand the concept. I'm just saying that the potential of Robinhood listing SHIB is not causing this runup. When Robinhood listed DOGE it was barely noticeable.

 

Your right, but when doge was listed on RH it was still a joke coin. People will FOMO into it when it hits RH thinking its the next doge. Shib is going to run on the thought that RH will bring huge FOMO and drive the price up.

 

It’s a huge guessing game. So many shit coins that are the next big thing but randomly hit. Buy the rumor not the news too. Just gotta get lucky and hope you get the winning ticket really

 

My rule of thumb is if something is up 1000% in 30 days and the rest of the market is down, I sell the one that up like crazy and put the profits into one that’s down the most.

 

Go Shiba!
I'm a Virgin to crypto and investing, my coworker kept insisting I invest in Shiba.

Started in July and currently hold little over 31 million shares. It's been killing it!

I had trouble in the beginning purchasing through crypto.com app

None of my banks approved crypto purchasing.

I was able to create a fiat wallet to add funds and purchasing successfully.

My question any of you guys use crypto.com app and will I have any problems selling shares with using fiat wallet?

 

My man!

 

I use crypto.com but haven't sold any. My son and law sold some a while back and got his money through the fiat wallet with no problem. I was lucky and was able to buy with my debit card but have since set up the fiat account and I got the crypto.com debit card too.

 

Awesome thank you.

I do like the app. And will continue to use it. When I get some extra cash flow I'm going to spread out my money.