Are there any risks of investing in Shiba Inu Coin (SHIB)?

Post Reply
seoguy
Posts: 211
Joined: Sun Aug 27, 2023 7:24 am

Are there any risks of investing in Shiba Inu Coin (SHIB)?

Post by seoguy »

Are there any risks of investing in Shiba Inu Coin (SHIB)?
Top
admin
Site Admin
Posts: 68
Joined: Sun Aug 27, 2023 3:39 am

Re: Are there any risks of investing in Shiba Inu Coin (SHIB)?

Post by admin »

The same risks which are present while investing in any alt coin are present in Shiba inu coin also. You should not invest all the capital in single coin anyway. Always, diversify your investment to remain safe.
Top
lyu
Posts: 47
Joined: Tue Sep 12, 2023 9:01 am

Re: Are there any risks of investing in Shiba Inu Coin (SHIB)?

Post by lyu »

seoguy wrote: ↑Fri Sep 01, 2023 3:55 pm Are there any risks of investing in Shiba Inu Coin (SHIB)?
Here are some risks of investing in shiba inu coin

1) It is just a meme coin. It does not have any real use.

2) The price of this coin fluctuates a lot in bear market. You can loose even half of invested capital during such market condition.
Top
Post Reply

Return to “Altcoins”