Should you Invest in Shiba Inu?
SHIBA INU | Coinbase | Coinbase Pro | Binance
The real question you should be asking is why not? Shiba Inu is currently one of the lowest price alternative coins in Crytpo currency that you can get into right now. This means that the average person right now can be a holder into something big. However, this is not financial advice but an article for information. I have been in Crytpo currency for some time now and understand the level of skepticism with it. People are worried that their investments will not hold value compared to that of gold. What is backing the cryptocurrency? Well, Cryptocurrency is people's alternative to a better living. So what does that mean?
Let’s say that you want to get money over the weekend to your bank account. Well, most banks are closed. So where do you go now? Well, we turned to PayPal, Venmo, and Cash App to name a few. So technically there is already a type of digital currency. Banks are having a hard time with the speed of the economy. How do we do transactions faster and more securely? Well, why not utilize Cryptocurrency? Well, that goes back to will I lose my money? The answer is possibly, but would you lose your money in stocks? The answer is yes. Especially if you are investing in penny stocks. Do NOT invest in anything you wish to lose. BUT! With that being said Cryptocurrency is an amazing way to do quick transactions within seconds and therefore cutting out all the bureaucracy that we have in today's society.
So the question really is; How do we utilize cryptocurrency and make it a new way of transaction? Well, that is coming. There are already battles going on between Coinbase and the SEC. There are already countries ready to endorse crypto. Shiba Inu is a coin that starts the trend of the people's coin. A coin that everyone can be a part of.
So let’s sum this up. Should you do Shiba Inu, yes! Should you utilize a cryptocurrency, yes! Is society ready for it? Right now no, but soon they will come. So do not let the rocket ship leave without you.
Again these are my thoughts on the crypto market. Hopefully, this will share some ideas and thoughts to start your journey.
