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Just be wary y'all

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by COINS NEWS 191 Views

First of all, I know a lot of you guys own Shib. I'm sure a lot of you guys love it too and that's fine, I'm not going to tell you what to do with your own money that's your own business. But I feel like it needs to be said: be wary of holding till the bear market takes over. Plenty of projects better than that have died in the bear and don't let it's market cap fool you; shib is a flavor of the month meme. It's being pumped by media, it's being tweeted about by Elon, and it's marketing is really good and as a result of that it's gone farther than even it's creators likely thought it would.

Be careful, be smart, and try not to get too sucked into the hype because hype doesn't last forever especially with this type of thing.

So all the "exchanges and defi and shib DAO" and all that shit is just a money grab, trying to put shib on literally anything because they're smart enough to know that they have a limited window to cash this thing in. Just don't be the person they cash out on. They won't likely rug pull I imagine, as they have to keep the grift going, but you can bet your ass they'll sell plenty at a high and make their money then try again later.

Memes have their place, but don't mistake it as anything but that.

They can promise every innovation on the planet, but I doubt it'll be anything other than copy and pasted code of another project with a cartoon dog on it. That's not innovation, that's a grift.

If you're in the money congratulations, happy to see people make money; all I'm saying is be careful, a lot of people will likely get rekt by this just don't be one of them. 11th in market cap is certainly not sustainable.

Good luck and be love.

Moon Monk

submitted by /u/anotherjohnishere
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