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17. Why Shiba Inu is Better Than Buying Lottery Tickets
Today is October 27, 2021
Bitcoin and Ethereum + 36% over the last month, but -11% and -4.5% on the week, sine the ProShares ETF was introduced. Shiba Inu is + 1,000% or so since it was introduced on the Coinbase platform September 16th, 2021 and + 3,871% YTD.
It’s a meme token introduced as a "joke" like Dogecoin but is now pivoting in the Non-Fungible token space and burning a lot of their supply of tokens.
· Currently $SHIB market cap is almost $26 billion and in the Top 11 of Cryptocurrencies. A market cap of 26 billion means is greater in value than;
· Credit Suisse
· Northern Trust
· Delta Airlines
· Zillow
· WW Grainger, or the iShares National Muni Bond ETF
$SHIB may be added to Robinhood platform soon.
Should I own meme tokens?
I was having lunch with my son who is 21 years old yesterday and I told him.
If you want a 6-figure net worth, dollar cost average the S&P 500 & Russell 2000 and QQQ
If you want a 7-figure net worth, dollar cost average Bitcoin & Ethereum
If you want a 8-figure net worth, dollar cost average meme tokens
This is lottery ticket money, tear 'em up kinda money I'm talking about. $25 bucks a month? $50 bucks a month. Whatever you can afford to lose the entire price. Just like a state lottery ticket. Lotteries have a single, one-time chance opportunity to win. Blockchains technically don't disappear. They're immutable. Yes, their value may go to zero and never trade again....then again...sometime in your life it COULD come back to profitability!
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By The Blockchain Advisor ™Today is October 27, 2021
Bitcoin and Ethereum + 36% over the last month, but -11% and -4.5% on the week, sine the ProShares ETF was introduced. Shiba Inu is + 1,000% or so since it was introduced on the Coinbase platform September 16th, 2021 and + 3,871% YTD.
It’s a meme token introduced as a "joke" like Dogecoin but is now pivoting in the Non-Fungible token space and burning a lot of their supply of tokens.
· Currently $SHIB market cap is almost $26 billion and in the Top 11 of Cryptocurrencies. A market cap of 26 billion means is greater in value than;
· Credit Suisse
· Northern Trust
· Delta Airlines
· Zillow
· WW Grainger, or the iShares National Muni Bond ETF
$SHIB may be added to Robinhood platform soon.
Should I own meme tokens?
I was having lunch with my son who is 21 years old yesterday and I told him.
If you want a 6-figure net worth, dollar cost average the S&P 500 & Russell 2000 and QQQ
If you want a 7-figure net worth, dollar cost average Bitcoin & Ethereum
If you want a 8-figure net worth, dollar cost average meme tokens
This is lottery ticket money, tear 'em up kinda money I'm talking about. $25 bucks a month? $50 bucks a month. Whatever you can afford to lose the entire price. Just like a state lottery ticket. Lotteries have a single, one-time chance opportunity to win. Blockchains technically don't disappear. They're immutable. Yes, their value may go to zero and never trade again....then again...sometime in your life it COULD come back to profitability!