Day traders in Shiba, did you not learn from Doge

So we see the usual effects today. Shiba has great gains, then dips. Then gains and dips. We hear crickets during the gains, but the second it dips again we see the haters run out jump on there keyboards and start bashing Shiba again.

We had the same garbage during the rise of Dogecoin, which if you pay attention is still doing very well in the .2x ranges.

What we see is day traders using FUD to scare young investors or trick people into selling off with what ever profits they got the day. Then hoping for a big dip to reenter the market.

Here is a free lesson in Crypto. Never sell to cash out. NEVER sell to buy back into a dip. Only sell to change your investment from one crypto to another if you do not plan on ever supporting it again.

By selling you not only take fees, you incur tax liability, you could miss the reentry and now buy back at a higher price...only to now have less coin.

This is a long game, you are buying commodities like silver and gold. The rules are simple. BUY, HOLD, SELL WHEN YOU ARE OUT! Everything else is simply trying to be a day trader.

in SHIBArmyby digitalmacgyver

91%

2.7y

_FaunaAndFirearms_

2.7y

I get what you're saying, but if Shib reaches the point I can pay off my house and student loans, I'm doing it for the financial independence. After I take my tax hit, I'll get back in.

omyhinkle

2.7y

That’s life changing money to have financial independence. No shame is selling for that ❤️

_FaunaAndFirearms_

2.7y

Paying off my house over 20 years early would be a dream come true.

RevolutionaryMud1486

2.7y

Good on you for that. Life changing is life changing.

Frosty-Trash-9984

2.7y

Absolutely, what folks here don’t realize is we stay gone green like this, those dips will be eaten by new investors. So yes, take your financial freedom and enjoy your life when you can!! I hope you achieve it!

_FaunaAndFirearms_

2.7y

Well, if Shib hits .01, my student loans are gone. The house is a bit more of an ask. Lol

Frosty-Trash-9984

2.7y

Completely understand, we all have a goal and I hope we all are around to get it

_FaunaAndFirearms_

2.7y

The one good thing about inflation is that the money I've borrowed will slowly start looking paltry lol

Frosty-Trash-9984

2.7y

Lmao, true, looks to be no end in sight!!

digitalmacgyver

2.7y

Hey if your goal is hit and you can gain the financial freedom. Spot on sell and take the win. For each investor you have to determine what your goals are and work to achieve them. Some some it is paying off student debt, others it is buying that lambo.

I hope it works out for you and everyone else.

W3stof

2.7y

My story on doge. Simple one really .

Got into crypto in February. I had no clue about hodl or selling or anything. Ok, I bought 40,000 doge for 400 dollars approx...

I sold when it went down, lost 170 dollars and freaked out as a new investor. I kept reading the naysayers, it's never gonna hit one cent!

May came and Doge went to .75 cents. I could have made almost 40k our of 400 dollars, but I sold.

Now I hope I get the same chance with SHIB.

I have proof of this story, if anyone is interested

Killerpasser101

-6

2.7y

No way Shiba reaches that high, are you nutz. Literally has a 400 trillion circulating cap. Has a market cap of 3 billion already, would need to reach 23 billion to match dodge coin which will never happen

W3stof

2.7y

That's ok. It doesn't have to get that high.

They also kept talking about market cap of doge and how impossible it was. I regret listening to them. Market cap changes overtime. Or overnight sometimes.

I appreciate the comment.

Simple_Vehicle5047

2.7y

It will get that high

Simple_Vehicle5047

2.7y

Don't listen to the naysayers

Frosty-Trash-9984

2.7y

Absolutely, held Doge for a big profit, all through the dipshits over in idiotville CC Reddit saying it would never clear .05😂😂😂. I do have to say their ignorance has been entertaining. Held and held and sold day off SNL. Glad I did, but held so long, I really had a hard time doing it.

W3stof

2.7y

I listened and I messed up. I could have made a good amount of money had I stayed. Not again.

Frosty-Trash-9984

2.7y

I have seen it time and time again, they tried the same with ADA and Matic, I bought them cheap and of course when they mooned, idiotville CC Reddit finally acknowledged them, but if you ask me it was too late to buy now

TheTerribleTeam

2.7y

The other day, some guy on SSB asked about some alts costing less than .10 to invest in since he was new to the game. I tried to pitch him on Shib. Gave him some pretty good info about and also told him that word on the street was that Shib was ready for a nice spike. Sure enough the haters came out of the wood works trying to spread FUD and telling how if he invests in SHIB he'll only lose money. Today, I wonder if he took my advice because when I tired to call the FUDsters out about being wrong I was greeted with only silence.

Simple_Vehicle5047

2.7y

This is the way

ColdplayUnited

2.7y

Hopped on and off this train a few times and made tidy profits before, but now I’m going to hold for a while. Market depth is significant on the buy side and momentum is very strong on both hourly, 4h and daily chart.

So yeah even the day traders are going to ride our position on this one with you guys.

Petry1029

2.7y

People buy and sell gold and silver all the time due to prices. This post has SOME decent advice, but overall isn’t a good post for anyone who knows nothing about trading. If you’re selling for profit, then sell it, day traders literally do this all day every day and buy in at dips. The price of gold and silver go up and down just like stocks, I personally buy and sell both on a weekly basis.

you_cut_me_off

-1

2.7y

nah this advice sucks, to each his own. dont hold a 100% gain cause some dipshit on reddit told you "youre a day trader". if you got more than you ever expected from this coin, take your profit. guaranteed in 10 years your gains will still be massive.

[deleted]

2.7y

This guy has it right. Stop getting pissed everytime Shiba has a dip and stop doubting it's viability just because you see red one day after big gains.

Holding your assets and crypto long term js the safest and most assured way to earn gains over the time. So stay strong, don't give in just because some people are panic selling, we've got this.

_FaunaAndFirearms_

2.7y

I mostly check the price once a day, and move on with my life. I only put in $20, and have around 3.2 million tokens, so I root it on, but if it dips, I missed out on a case of beer at most.

[deleted]

2.7y

They hate us cause they ain’t us. - Kim Jong-un

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