Disclaimer: Not financial advice
Shiba Inu (SHIB) Token has gained a lot of recognition during the past months. The number of holders are currently 483134 and keeps going up everyday. The price is currently rolling around $0.000009 and has fallen from $0.000033 since last month. Just like SHIB, many crypto prices have fallen low - we are currently in the bear market. I had a choice of buying Ethereum but I did not - I chose to invest on SHIB instead. Below are a list of reasons I bought SHIB tokens for:
- It is cheap - very very very cheap.
- It is well known - it has a good community on Reddit, Facebook and other platforms.
- At the current price it is being sold, it's easier for a coin like SHIB to go x1000 than Doge/Ethereum that is already high.
- It makes me feel like a Millionaire with just a few dollars
- In my opinion better risk a $100 and have a chance to get rich or spend that $100 on stuffs that won't worth anything in the future.
- You can save beer/cigarette money if you are a drinker/smoker and spend it on SHIB - you are investing in your health.
- I know I am not a financial advisor but I encourage my friends to buy SHIB instead of smoking and drinking alcoholic drinks.
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In my opinion, SHIBA INU is not just the DOGE Killer but it is going to strike down a lot of other tokens during it's rise. The more holders SHIB gets, it increases it's chance of growing bigger and stronger. I am not a financial advisor but it is the choice of the investor to buy and hold it. I would just buy a few million coins and hold and wait for a few years - then hopefully retire early :D