New to SHIB & crypto & even investing; I’ve been buying more & more and holding for about a month!
Sick of seeing the FUD posts about 549T SHIB being in circulation and “we’ll never reach a penny, because 1 trillion is a thousand billion!” Etc…
SHIB now has >1 million holders! If one million wallets each bought 1 million more SHIB, that’s a trillion. HELD and out of circulation. Now consider that the majority of SHIB (80%) is held in the top 100 wallets. I know some of those are exchanges. Not really sure if exchanges are considered a single wallet. But after the top 100, leaves 200T SHIB left for the other remaining million wallets.
My point is: if each of us sees this as a long term, and really want it to succeed, we could buy a bit more each payday. Say 1 million token purchase minimum, each payday. Right now that’s like $40-50. Buy the dip. Buy more if you can and are feeling good about it. Seems to dip most on the weekend. Pick a time weekly or biweekly, and make your purchase. Justify it to yourself as a cost to maintain & increase your investment. With burns, as we continue to hold more, it HAS to moon!!! Not financial advice. Correct me if I’m wrong. Just starting a conversation.
submitted by /u/SHIBard00n
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