The crypto Shiba Inu (SHIB) has changed the lives of many since its introduction in August 2020. With an increase by a factor of 200,000 between its inception and the all-time high (ATH) It is one of the fastest growing coins out there pump and drain turned out to be. However, not everyone has had the same luck with the token. Investor’No waiting‘ lost millions to bad timing.
YouTuber missing out on millions in profits due to a simple mistake
The investor published a video on his YouTube channel in which he explained his situation to his subscribers. In January 2021, a few months after the mint was founded, he bought SHIB for $200. Within a month, his investment had grown to a bizarre $10,000.
But it didn’t stop there. during the greatest bull run Sometime in 2021, SHIB went through the roof like all other crypto coins. Towards the end of the glorious year, the meme coin a gigantic peak that multiplied his investment by 200,000 times. Through an “ironic disregard for fate,” his “semi-seriousness” had made him a multi-millionaire with a whopping $40 million in SHIB.
However, the investor made a big mistake there. Hoping for another surge, he decided to hold onto his SHIB tokens for a while. In his opinion, only the “super-super-smart” and “super-super-dumb” would have sold the coin at its peak. Anyone who invests in crypto knows that it is extremely difficult to determine the best time to sell.
Crypto investor satisfied with Shiba Inu price
The YouTuber and crypto investor is often asked how much he sold his SHIB for. He explained that he was “nowhere near” the $40 million he could have gotten. Nevertheless, he is satisfied with his actions. In his video he said:
“I’m not a victim, I’m a multi-millionaire through crypto. I am more than happy with how things went with Shiba Inu.”
Currently, the SHIB price is 90% below where it peaked towards the end of 2021. However, if the investor had sold his SHIB now, he would still have raised several millions. Currently, one Shiba Inu token has priority $0.0000079 over the counter. Immediately Market cap of $4.6 billion The coin is the 16th largest cryptocurrency.