SHIBA INU :: My Investment with Profit Booking & Still Invested...
Hey All,
SHIBA INU has been creating a lot of Buzz in the crypto space recently. The price of the SHIBA INU coin in the last 7 days has increased exponentially and the same can be depicted in the following graph.
I'll get to the point straight with my investment in the coin, profit booking, and how much I'm still invested.
SHIBA INU Bought on 25th June
I had bought close to 8Mil. SHIBA coin on 25th June 2021. This costed be around Rs/-4.6K; which is close to $65. After buying at this price, I just kept the coins on WazirX an Indian exchange. Altogether, I forgot about these SHIBA coins and revisited them recently.
Sold SHIBA Coin for 5x returns.. YES..
My initial investment of close to Rs4.6K turned to almost 5 times. As seen from the above image, I sold all the 8Mil. SHIB coins for almost Rs.20K+ INR. At first, I was thinking not to book profit but having learned my lessons earlier it's imperative to book profits. And hence I sold all the 8MIl. SHIB coins that I had bought in June 2021.
Still Invested in SHIBA INU
Yes, I'm still invested in the SHIBA coin. As wazirX is not only the exchange from which I had bought the SHIBA coins. I did also back SHIBA coins back then from the Binance exchange. There, I had bought close to 50Mil. coins and sold 15Mil in the recent pump.
As you can see from the above image, I still HODL another 35Mil+ SHIB coins that currently is worth $935+. The price that I bought is the same as when I bought from wazirx exchange back then in June 2021.
Currently, there is no plan of selling the coins that I HODL. I still feel that there is room for the price of the SHIBA coin to surge. I have a target set in my mind that if from here the price doubles, I'll exit and book all the profit. I assume that I'll be able to get another $2K+ from sell close to 35Mil. SHIBA coins.
Have Your SAY....
Did you book some profits with the recent pump of SHIBA INU coin? What do you think regarding the price of SHIBA INU; will it continue to RISE?
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Image Courtesy: thewistle, twitter, wazirx, binance, cmc
