Shiba Inu (SHIB) Discussion Thread

[Killah Ray]

This joint is up 700% in 3 months...wow

Yeah I feel stupid as shyt I didn't get in on this earlier...but fukk it I'm in on the shyt now so the next one won't pass me by..

By the looks of things, I still got in good before it hit the ATH last night so fukk it let's get this money...

 

[Egomaniacal1]

This joint is up 700% in 3 months...wow

And instead of going balls deep i've sat around in AMC.

 

[Killah Ray]

And instead of going balls deep i've sat around in AMC.

That AMC is still gonna be nice though....I'd still make sure I threw something in on this though

 

[mannyrs13]

My boy was just asking me how much I would have if I didn't sell back in May. Calculated the total and it was over 700k. My last buy in early March went from $107 to $290.5K. Don't think I pulled out that much in profit since I didn't sell it all but nowhere near that so far. Got about 40k in shibaswap being staked so definitely looking for a few zeroes to be knocked off. Thankfully Saitama has helped me get back some of those sold gains as well as my overall portfolio. Also good that all the ETH I took profit on Shib into is going back up again plus it has staking now too. Should make back all those missed gains soon enough plus some more with this currrent run. And not to mention the Bone I've gotten from swapping shib and staking too.

 

[old pig]

pardon the long ass quotes but good reading for anyone interested…started off about SHIB but then transitioned to the market in general

Shib isn't hitting a penny ever.

I say it does by the next post-halvening cycle (2025) but I don’t see it happening this cycle jmho

I was just thinking about the prices of coins when I saw one of them fly past $3 on its way to $4 (with a circulating supply in the billions and there’s still room for it to run)…4 years ago folks would’ve argued vehemently that it was impossible and it could never happen…said the same thing about DOGE too…but as crypto becomes even more popular and more ppl (and importantly money) enter the space, these predictions stop being “outlandish”

Would the next cycle start in late 2022 or more likely closer to the midway point if that? Would we see a drop or more of a dip and some sideways trading for a while? I see in 2018 there was a drop and then sideways movement, as far as MC goes. Would that drop be as drastic this time around or more of a slow but steady drop until the next run up?

I’ll post the chart soon but since the first BTC halving (2012) there’s been a follow up period where the market runs the following year…I didn’t experience 2013

the 2nd halving was 2016 and the following year when I first got into crypto (2017) experienced a huge market run up…this was followed by a crash and a period of dormancy the next few years

the 3rd halving was last year (2020) and this year is speaking for itself and very reminiscent of 2017

of course there's absolutely no guarantee that things necessarily continue to play out the same way but I wouldn’t be surprised if things cool off next year and chill until the next halving (2024) followed by another market run up the following year that takes it to new heights…gimme a few to find the chart…shouldn’t take too long

*edit*

you can just google “halving chart” and a bunch of them will pop up…here’s one

this chart doesn’t show 2021 but predicted that it was gonna be another breakout year based on the pattern…all the dark gray areas represent the year after the BTC halving…I’m actually kind of kicking myself a little for allowing my confidence to be shaken earlier in the year when the proof was right there

it’s still not “too late” and the run isn’t over yet for this year but if/when the market cools down next year, I’ll be in the main thread and this one trying to prepare folks to start saving up to accumulate coins in the down period so that way they don’t have to worry about buying in late and will actually have a good head start on the next run

folks who are entering into these coins now may not necessarily get rich as soon as they hope BUT they can perhaps build up disposable income that they can use to reinvest in some of these projects when the market drops IF they take profit when the time is right toward the end of the year…if they do that correctly then they can set themselves up for a great set to get where they wanna be by the time the next cycle arrives

i see that chart for btc and was thinking about overall MC. Came across this graphic that looks to be from September 2018.

202B compared to 2.5T now, practically a 10x. Apple MC is a bit under that. Not sure what changes were made to the assets above it since then tho. Don't know if USD in circulation and physical money are included in the all money total. Its like there's a million dollars in quarters and 10 million dollars in US dollars but are the quarters being added to the US dollar total? So it could be that way.

I think we might be more ready for a correction now than before. Especially if 3T or more is reached by end of this run. There was a graph that @NotaPAWG posted a while back about the market and its trend over the past few years. I'll have to see if I locate it and check to see if anything has changed since then.

ya the chart is for BTC but the overall market follows BTC…everything moves and falls off the strength of it

This the one I was thinking of.

That was back in April and I think we've done a 4x nearly since then.

150M to 390B from that chart is 2600% increase if I'm calculating it right. Thats 1 quadrillion calculated by the 390B total if it does the same run and if I am doing it right.

I just peeped in 2019 the total MC for stocks was approx. $70 trillion…dunno what it is now…but at some point I imagine crypto will level off and trading will become more sophisticated…but this is why I encourage folks to get in while there’s still room for overall growth…but ya it won’t always rise at such a great rate after a while

*edit*

random but for some reason I thought this was the SHIB thread…newbies would be better off with this info…the vets in here are pretty much privy to this

yeah definitely. build stacks now and transfer it to stable coins or stable assets to cruise until the next run. Look at it in a month to month or quarter to quarter basis instead of day to day or week to week. Long as you have more or atleast about the same total balance in start of 4Q than you did at start of 3Q, its a win.

 

[old pig]

making money in crypto is all about timing/patterns…it’ll never be perfect but if you get it right more often than wrong and the project(s) is decent then you’ll eat…obviously those who get in earlier are likely to eat more than those who get in later if you’re investing the same amount of money

 

[Big D Bangston]

I got 15 mil dating back to June-July.

will I be balling brehs?

 

[Payday23]

And instead of going balls deep i've sat around in AMC.

That's why I sold it all. Why wait when there's money to be made and without BS quicker? Yes the risk is greater but at least with crypto you have a fairer market than the stock market scratching out 5% weekly gains going against hedge funds

 

[Egomaniacal1]

That AMC is still gonna be nice though....I'd still make sure I threw something in on this though

Yea i'll ride with AMC another month to see if anything is gonna make it pop off or i can at least recoup what i've lost on it, but this crypto game is the real deal. Making 100's of percentage gains and i'm not being actively embattled by hedge funds who hold the monetary upper hand.

That's why I sold it all. Why wait when there's money to be made and without BS quicker? Yes the risk is greater but at least with crypto you have a fairer market than the stock market scratching out 5% weekly gains going against hedge funds

Facts.

 

[old pig]

That's why I sold it all. Why wait when there's money to be made and without BS quicker? Yes the risk is greater but at least with crypto you have a fairer market than the stock market scratching out 5% weekly gains going against hedge funds

did the same thing with $WISH…added that money to my SHIB pot and it’s knocking on the door of a 7x already…meanwhile $WISH dropped another dollar from when I exited after already dropping $4 per stock from when I bought in…ya I could afford to tough out the loss and wait…but for what? $WISH will still be sitting there hemorrhaging if I want to get back in

 

[old pig]

SHIB wants to crack $0.00005 today

 

[(ALi)]

New ATH, damn. Lets hope it finds a new floor.
When meme coins like this run, could it mean we're in alt season?
Last time this happened a few weeks later with Doge we came crashing down.

 

[TAYLONDO SAMSWORTHY]

New ATH, damn. Lets hope it finds a new floor.
When meme coins like this run, could it mean we're in alt season?
Last time this happened a few weeks later with Doge we came crashing down.

This feels different than doge. We’re not dependent on Elon, theres actual utility being created all over, ETH based, etc.

SHIB bout to shock the world

 

[old pig]

New ATH, damn. Lets hope it finds a new floor.
When meme coins like this run, could it mean we're in alt season?
Last time this happened a few weeks later with Doge we came crashing down.

the timing is not gonna be perfect but the pattern many are expecting is that BTC will run next month leading into december…it will cool off and then alts will run like hell to the end of the year…the run MIGHT bleed into early january and then yes there’s more than likely going to be a correction…how heavy it will be/how long it will last will depend on how high/fast alts run up…as always there’s no guarantee it’ll play out exactly like this…these are “educated” guesses based on timing/previous patterns…if your portfolio runs up faster than you expected/planned don’t be afraid to take some profit and leave some behind in case it continues to run if you’re unsure of what to do

 

[BantuKnotz99]

Depends when you purchased the coin

I made my first purchase today lol I'm thinking of putting 200 more down