SHIBA INU

[vicjon1995]

Hello people. What are your thoughts on SHIBA INU coin? Is investing in it a good idea? Please post your opinions in comments.

 

[Enivid]

Investing - no. Trading it speculatively - why not? It's trending nicely - you just have to be careful for reversals.

 

[vicjon1995]

Ah, okay understood. Will be careful. Thanks for your reply Envid

 

[Dora_WalletInvestor]

Similarly to Enivid I think it's not the best for investing. While it is likely to grow on the long run, its growth seems quite slow.
But looking at the short-term trends, it could be suitable for swing trading, maybe speculating on support and resistance.

 

[vicjon1995]

Similarly to Enivid I think it's not the best for investing. While it is likely to grow on the long run, its growth seems quite slow.
But looking at the short-term trends, it could be suitable for swing trading, maybe speculating on support and resistance.

I’m also hopeful about its growth. If dogecoin being a meme coin can grow, why not SHIBA. While I’m down by 50% at the moment, I intend to recover my invested money at least.