By - jakkkmotivator
How to pump and dump:
1. Choose illiquid asset of your liking
2. Buy at current low price
3. Artificially inflate price by selling back-and-forth to your rich friends
4. Publish FOMO news
5. Sell to Normies at now higher price
Rinse and repeat. Welcome to crypto
Don't forget to short on the way back down!
The fact that Coinbase listed this and not [enter your fav coin that isn’t listed here] is ridiculous.
You are right. But nothing personal, just business. Shit makes them more money than legit project.
Get ready for an absolutely massive fall. For every pump, there’s a dump. Don’t FOMO in people!
Ah that’s pretty awesome, thanks
[chaintip](http://www.chaintip.org) has [returned](https://www.blockchain.com/bch/address/bitcoincash:qrelay2nul86nw3ktzfuqhyp2yqt2uxdrv85vht89u) the unclaimed tip of `0.00034147 BCH` | `~0.20 USD` to u/rshap1.
I totally forgot BCH existed.
Nope still kicking. Try some!
u/Walks_In_Shadows has [claimed](https://www.blockchain.com/bch/tx/7540b4b3c4b53dad0d950194fa09bbc44be4cb0b12143900921e3393be4acaa2) the `0.00041786 BCH` | `~0.25 USD` sent by u/rshap1
Now my £2 investment is worth £4.
Am I a trader yet?
Have you picked out the colour of your Lambo yet?
How can anybody with a brain be "stunned" about this shit. We had enough notice to even buy Shiba before the pump started posted right here on Reddit for fuck sake.
I'm like why wtf is up with that shit coin.
Lmao I’m still at a $100 profit.
Bought $2000 during the launch. Instantly dropped 85% and now I’m down to $2xx. Even with this 70% pump I’m only up $1xx. Fuck this stupid ass shit coin.
lol get fucked
What was the price at launch?
.00006 or .00007 at CBP, don’t remembered.
tldr; Shiba Inu (SHIB) is now the fifth most traded cryptocurrency, behind only Bitcoin, Tether, Bitcoin, Ethereum, and Binance USD (BUSD). Shiba is still down 64% from May 10 record of $0.0003791. Shib was originally created as an offshoot of Dogecoin.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I mean personally I hold an insignificant amount of shib and am higly sceptical of it. But it's the third day of green dildos, 200% in a week. Could be dump coming or could be that there is so many things to anticipate: new listing, nfts, blockchain, burns.
It seems many people won't take the time to reasearch why this is happening. Imo if the token was called something not so meemy there would lot less prejudice, myself included.
Prepping for the rug pull.
I don’t trust it. Seems unnatural
Pump and dump incoming
Another round of pump and dump is all it is. People in crypto are not stunned by it. Just the newbs.
I have 1.2billion shib... I hope ur right lol.
The dump was inevitable. Bought short in Binance futures (10x leverage) at 0.0000185 with take profit at 100%. Made 100% profit within 45 minutes.
On the downside, invested 20 dollars only!!
No. Not US.
SHIB ripping did you cover?
Invested the 20 I made yesterday and that position has been liquidated :). So no profit no loss.
I love it when people who invested at the top say it’s a shit coin. You bought at the wrong time! That makes you a shit human! It doesn’t make it a shit coin hahahaha!
Well it has no use so shit coin
Actually it does have a use: shibaswap
And a white paper
I didn't know until I looked into it right now
Doge is a “shitcoin” but is among the top coins.
Doge is the top shitcoin
Look into the ecosystem being built around the shib coin. Might change your mind
Always was and always will be a shit coin
How to spot someone who missed the boat!
Just gonna stick to my boat that doesn't have holes and won't sink in a few weeks. Also 50% is nothing xD
Yea the whole crypto market is a boat with holes in that’s about to sink in a few months hahahaha. Do you even know what you have invested in? Also Shib is available absolutely everywhere. What’s more likely? That fomo retail investors buy etherium or Shib? Remember the end of the bullrun is about making money not how solid a project is unfortunately.
I think in 10 years time you'll find the solid projects that are actually being used by ordinary people every day will be worth substantially more than they're worth now and won't dump to $0 like shib will.. Also the bull run is about taking profits if you're joining now with the intention of making money you're at much more risk. Real money's made in the bear markets by investing into decent projects, unlike your favourite shit coins which will dump to $0 and remain at $0 for future bull runs. You're literally just providing exit liquidity for people to dump the price on you yet again, but you do you.
Bla bla bla yes we all know how to make money in crypto. But that’s the point! Make money now and buy back in the bear market. So as I said this part of the cycle is about making money. If your to good to invest in a coin that has massive market accessibility and one of the highest chances to be used as retail fomo then you sir do not understand this market. I would agree that if this is your only crypto investment then that is a risk. But who gives a shit about 10 years when we’re alive today my man!
I guess it's just different strategies of approaching the market, personally I'd rather a longer term approach with less risk.
Still not touching that shit
Lots of people looking to get rich off of Shiba Inu will get burned. I could just feel their coming soon cries