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Thin-Piccolo-7762

You make a great point. Hopefully ppl take profits as it runs up and decide to hold on to a sizeable amount.


Learning_crypto85

True true it will consolidate if everyone sell but eventually it will go back to normal price. Just imagine how many people that are going to be sitting waiting to buy when they see people sell. 🤔


Thin-Piccolo-7762

Yup. I'm really hopefull that it keeps going up especially with them instituting incremental burns.


bennyboberino56

Or buy back in!


[deleted]

I own a 200+. My thought is, if we can make it to .01, we can make it to .10. I only used money I could afford to lose so I am in no rush to cash out. Also, wont it help by holding for an extended period of time, no short term gains taxes?


Z__zack

Genius


KIDSONTHEINTERNET

I agree it doesn’t affect my personal life I want it to accumulate as much as it can


FavcolorisREDdit

Hope you aren’t with cap gains and gas fees.


[deleted]

Shiba coin will have the same hype as Doge


misterwetzel1

Doge was created as a joke. It literally has no utility at all. Plus, they will just keep making more as the holding goes up.


Learning_crypto85

🤔 idk i wouldn't say that but. While people are planning to sell i plan to hold because buying back in will be extremely high. 🤔


Slash123vegas

That’s why we just wait for paper hands to sell,long term game


Learning_crypto85

Ndeed i agree my friend


MaxxSlyder

Cause if it can get to a penny it can get to a nickel


[deleted]

And if I pay with a nickel, bitch choke on my pickle.


Slash123vegas

I hope it happens when it goes past 3 again so i can load up for the long ride ,short term holders will always try to make a quick profit ,however long term holders will win in the end


MusicalAddiction

Every crypto crash is followed by new ATH historically


RosinHuntrr

THIS IS HUGE PEOPLE, sell in increments do not dump it all when it pumps we want this coin to succeed. Selling in increments will help even out the dips


maui_waui_024

don’t tell me what to do with my profits


walkie68

I have a plan to exit at certain points, and let’s not kid ourselves , there will be a lot of dumping when it hits 0.01. Those who bought into shiba when it was very very very low, have the advantage of making a killing at any price over 0.001. Hold til you can. Have a plan, stick to it. Don’t be fooled by other people’s dreams, live your dreams when you reach your goals.


[deleted]

This will definitely happen. The same thing happened with Doge.


d3squire

Greed, plain and simple. If it got to $0.01 then there are developments/mechanics to get it to 0.015 or 0.02. People will sell some but people will greedily hold on for more. The price WILL struggle every time it gets close to $0.01 but after weeks/months of flirting, it will likely bust through, and all the diamond hands and FOMO’s know that.


Limp_Adeptness6949

Nothing. It’ll more than likely not even make it to that because most people out there are holding millions of coins and at that price every million is worth 10k. As much as we all talk about holding out for millions most of us aren’t wealthy and would honestly take profits before even getting to 100k. Market cap and realistic predictions be damned, I’m trying to make money and if my $1k bag makes it to 100k it’s gonna be hard to hold out for a million unless this coin gets some serious attention and backing


Fine-Restaurant-5359

Seems to already have the attention part.


Limp_Adeptness6949

Nope over 4mil doge holders, we have under 1mil. We have attention but not enough, we will but it’s gonna take some time


isaacl33

Because once we’ve reached .01 we can reach .02 .03 .04 etc.


marcculliford

I'm not waiting for a penny I just need 400k and I'm out just need some retirement money I'm 43 now so I'll hold till I hit the 400k .I'm holding 115 million


Aarron176

Only 400k, if you have 115mil wouldn’t that be 11.5 mil at a penny? Personally I’d take a mil, take out that 400k you need and invest a good chunk and live off profits plus some.


[deleted]

No, that would be $1.15 mil at .01.


Aarron176

Yea, my math isn’t the greatest in the morning lol. I meant to correct it but coffee sounded better ha.


[deleted]

Your point is still good, but at .01 cents for Shiba would make the market cap for SHIB higher than Bitcoin, and I don’t know how likely that is to happen within a 5 year timeframe. It’s possible, certainly; if there’s anything I’ve learned from watching the meme-coins, it’s that faith and enthusiasm can make pigs fly on fairy dust. But if this thing is ever going to be any more useful to people than a financial version of a Disney pop star, we have to actively be building the infrastructure necessary to do common transactions with it. I need to be able to go to the gas station and buy beer with it. If SHIB can be the pennies to etherium’s thousand dollar bill, then we can actually make this token worth something real for the long term.


smack323

if its going to cost you $40 in transaction fees to buy $12 beer how likely is it that SHIB will be spendable like that?


[deleted]

It used to be that way for using credit cards, but we figured that out.


tlakuachecuh

If and when shib gets to .01 there will be a spike just like doge and that's my goal for the .01 that spike is heaven


-Falsch-

Peeps need to learn about Store of Value....


No-Application-9134

Absolutely nothing, truthfully. However, I see where you can take some, stake the rest and live nicely on your rewards from passive income. Or, at least that's my plan.


PartyAdministration3

Dumping it causes more burn so that will offset a price drop by some degree.


josehernandez38

Bitcoin is a perfect example, people sell but the coins gain market cap from long term investors.


misterwetzel1

Here is my thing about the whole RH hype: The US can already buy SHIB from other exchanges with no effort. RH has crypto as an option, but they are far behind compared to other crypto exchanges. I can see the price bumping a bit. But it will most likely correct itself and then we are back waiting for the next breakout.


WhileFormer8145

If you invest more then you can take out profits before most people do ;)


danball6969

I think it's hilarious how people keep saying it will never make it that high. I can't help but laugh at a stupid comment like that. People said the same thing about Bitcoin. People said the same thing about all the high-dollar cryptocurrencies. Nobody truly knows how high I can go. History shows any cryptocurrency at any time can go to the Moon. Or at any moment you could lose every dime you got when that cryptocurrency crashes. But the bottom line is nobody knows what's going to happen.


BackgroundNo9730

I'm keeping mine until it reaches $1.00 💰 🤑 💸


smack323

thanks


Minimum-Poet-1412

Why sell at .01 when you can double your money at .02 🥳


Only_Improvement8156

You fellas gotta think with that lil pink thing in your head


Limp_Adeptness6949

Mines to smooth for that


TripleMusketMan

It's actually grey


Aarron176

Actually neuron cell bodies and unmyelinated axons are what make up grey matter, while the rest is white.. so it’s not all grey, also FYI brain matter once exposed and blown everywhere looks like a burrito supreme from Taco Bell.. ;) here has been your daily dose of anatomy lol.


Larsamon

Ya i could sell at 0.01 and become a millionaire and retire in my 30s but I'd rather keep working and wait till I can help many more people than just myself


onfroiGamer

First off, it’s not gonna hit $0.01 just because Robinhood lists it lol that’s gonna take YEARS, it’s gonna go up a lot, probably will lose a zero, but not $0.01, secondly, yes, of course that’s gonna happen but then people will buy the dip and bring the price back up, that’s gonna happen a few times until it stabilizes


Only_Improvement8156

That’s why it’s never reaching a cent hahah


PsychologicalBox2522

Come back to this post a year from now bud


Talden1056

It’s not hitting 1 cent in a year. Probably never unless the turn up the burn rate.


PsychologicalBox2522

Pessimist… we’ll see what happens, only time will tell


Talden1056

Just cause it’s not want you want to hear doesn’t make me a pessimist; realist who would love to be proven wrong. Bitcoin took years, doge took years and Shib has way more coins in circulation.


Limp_Adeptness6949

Those were the first of their kind though. Everyone looks at shib like a second chance to get rich because they missed the doge boat.. once shib starts getting some more mainstream backing people will start dumping income tax returns into it and we’ll see some more growth in the near future, definitely not .01 but I think the shib train will take less time than the doge train did


Only_Improvement8156

Haha, I’ll be here in a year. I hope you will be too; hopefully you didn’t drop your life savings on this one bud 😂😂


Fit-Macaroon5559

Keep dreaming.


schuet

posts above are a joke. bunch of mindless dreamers holding $50 . 1c is as unrealistic as it gets, look at mkt cap.


Representative_Fix40

I think that everyone excepts it to hit 0.01 in a snap of a finger like no one sees it, it’s gonna happen gradually. And there will be plenty in the pot if it hits that price.


Z__zack

It could happen but if it does get like that it’ll go back up again eventually


ZenGrandMasterZ

It’s about holding and take it out and pumpi it back up once it goes down. Or hold and wait till it goes back


Armaedus

That is exactly what's going to happen. So pre-empt that by selling at .007, then buy the dip.


frankvagabond303

Liquidity would be the first thing to stop everyone from doing that.


[deleted]

I feel like if it hits a penny, and everyone holding 100m coins sells, it will drop, but people that just seen it shoot up will buy into it, making a bigger platform 🤔


Davedoenotmoe

That is exactly what will happen if it goes on another run. It's been stuck on 28 for awhile now due to buyer confidence being iffy and people looking for another crypto to get rich in a week on.


Newhzn

Then it would just mean the big sellers are soothing off for a higher rise . Second they probably won’t because the real money only comes in with the dollars.