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Shiba Inu Investor Misses 200,000x Returns on SHIB, Here’s Why

August 31, 2023
in Altcoin3
Reading Time: 2 mins read
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Shiba Inu Investor Misses 200,000x Returns on SHIB, Here’s Why
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Shiba Inu has changed the fortunes of many early investors by making them millionaires. A particular investor bought SHIB worth $200 in January 2021, when the asset was trading with nine ‘zeroes.’ Within a month, his $200 investment inflated to $10,000 after the asset knocked out two ‘zeroes’ consecutively. In a video shared on YouTube, the investor pointed out how his “half-serious” prediction actually became a reality, “almost as if fate loves irony.” However, SHIB did not just stop there. It continued rallying. In fact, when SHIB attained its ATH, the price had risen 200,000 times.

Also Read: When Will Shiba Inu Reach 1 Cent?

Shiba Inu Investor Says He’s Not a ‘Victim’

The investor, often referred by his channel name ‘Zero Waiting,’ revealed that the most common question that people ask him was whether he sold his holdings for a profit or not. Revealing his course of action, he said,

“Of course, I did. I made a huge multiplier with Shiba Inu.”

Source: MarketWatch

Also Read: Shiba Inu: SHIB to Hit $0.001 If Its Market Cap Touches $550 Billion?

However, he revealed that he did not make $40 million for sure. Nevertheless, he labeled his gains to be a “tremendous amount of money.” According to the investor, only two kinds of people would hold SHIB from $200 to $40 million: The “really really smart” ones and the “really really dumb” ones. The investor asserted that he was not a part of either of the camps and thus, decided to cash out and relish the gains instead. He clarified,

“I am no victim, I’m a multi-millionaire from crypto. I’m more than happy with whatever happened with Shiba Inu.”

SHIB is currently down by more than 90% from its ATH, but if the investor had held his holdings till now, his gains would have been significantly higher. At press time, SHIB was seen exchanging hands at $0.000008176.

Also Read: Shiba Inu Forecasted to Rise 925%: Here’s When

Credit: Source link

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