Many investors in Shiba Inu and other cryptocurrencies have seen tremendous success. One individual journey that stands out is that of a SHIB investor in 2020, who 1made an initial investment of $8,000, only to see a phenomenal 85-million-percent leap to $5.7 billion. October 2021 saw the popular cryptocurrency reach its highest point of $0.00008845, what some have dubbed the “greatest trade of all time” – becoming a lesson for traders and investors as to the potentiality of both opportunities and risks within the crypto ecosystem.
The investor’s journey involved distributing the SHIBs to different digital wallets2. Particularly from October 2021 there was significant transferring of over 20 trillion SHIB which greatly impacted its overall value; erasing six zeros and securely sitting the investor’s worth worth at just over $1.9 million and currently holds over 200 billion SHIB in total.
But aside from these success stories, caution exists. Investments in cryptocurrency are volatile, incredibly so. They must be undertaken with shrewdness in order to see great gains as we can learn here, but also with measured awareness of potential losses.
1 https://www.newsbtc.com/news/strategic-moves-how-one-crypto-trader-turned-8000-into-5-7-billion/ Added with permission of goodwill.
2 https://cointelegraph.com/news/a-newbie-investor-made-420-billion-from-just-8-converting-it-into-playgdax Provided as source for background of research conducted. (Added credit but remains restated without organisation/company links)
