A Shiba Inu investor sold his flat to try his luck at meme coins and said he would wait 15 years even if he lost them all. It did so with rumors that the SHIB price would reach $0.10. He then shared his story with the cryptocurrency community on Reddit. Here’s what happened…
In a post, SHIB said he sold and bought flats
This person, who uses the Reddit platform for his posts, said he “just sold” their flat to buy Shiba. Some of the posts:
I’ve bought almost 4 billion Shibs now I keep it until I get at least 0.01 or 10 cents in the future and I don’t care if it takes 10 years or 15 years. And if I lose everything, I really don’t care, I have a good job I can count on, not too much, but I will play to get better in the near future.
Another Shiba investor recently said that his life savings depend on crypto and that despite being homeless, he refuses to sell it until he makes himself rich. The investor is perhaps hoping to follow in the footsteps of the other two who are able to buy the house. One of the achievers, Terrance J Leonard explains that his $2,000 cryptocurrency investment has risen to $1 million, allowing him to buy his dream home. And another mysterious trader says the life-changing profits from cryptocurrencies mean he can also buy a house. Other stories of winning the cryptocurrency jackpot include a brother and sister duo who earned $160,000 in just six months.
Australia warns about meme coins
cryptocoin.com You can take a look at the minutes report of the Reserve Bank of Australia (RBI) published on November 16 in its news, describing meme coins as “extremely risky” and “speculative” assets.
- Investing in any cryptocurrency carries high risks.
- In any investment, there is a risk that the value of your money will both decrease and increase.
- According to many experienced traders, only money you can afford to lose should be preferred for investment.
- Cryptos can be riskier than other investments as they are volatile and speculative.
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