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

Posted: Fri Sep 01, 2023 3:55 pm
by seoguy
Are there any risks of investing in Shiba Inu Coin (SHIB)?

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

Posted: Fri Sep 01, 2023 6:04 pm
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.

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

Posted: Sat Jan 06, 2024 5:45 am
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.