- Shiba Inu investor missed out on making $1 billion with just a $2,000 investment.
- Investor sold his SHIB holdings early, before the token started to rally between January to October 2021.
A Shiba Inu investor has missed out on making $1 billion with just a $2,000 investment as the investor sold his SHIB holdings early, much before it began to rally between January to October 2021. The heartbroken investor cried on camera after realizing that he missed a once-in-a-lifetime opportunity to become a billionaire.
How it happened:
The investor had purchased Shiba Inu during Q4 of 2020 just months after the token was launched in the markets. SHIB was trading at $0.000000000077295 (10 zeroes) at that time, and the investor purchased $2,000 worth of tokens. He got the opportunity to accumulate 25 trillion SHIB tokens with just a mere $2,000 during its early days.
However, the token began dipping in the indices in early January 2021, and the investor lost $373 the same week. The early SHIB investor faced a loss of 18.5% in nine days and panicked that it could fall further. When his $2,000 investment dipped and his portfolio fell to $1,627, his anxiety got the best of him, and he decided to sell all his 25 trillion tokens for a loss, and jumped ship on Shiba Inu.
Things turned the opposite direction a week after he panic-sold the 25 trillion SHIB tokens. Shiba Inu began skyrocketing in price and deleted six ‘zeroes’ from January to October 2021. Therefore, when SHIB reached its all-time high of $0.00008616 in October 2021, his $2,000 would have turned to $1 billion.
The investor ended the video in a crying tone, saying, “Now how to live with that?”
In conclusion, this story highlights the potential risks and rewards associated with cryptocurrency investments. As always, investors are advised to conduct their research and seek advice from licensed financial advisors before making any investment decisions.