How a Risky Bet on the Shiba Inu Coin Made This Warehouse Manager a Millionaire

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Source: blockworks.co

Yes, a warehouse manager is now a Shiba Inu Coin Millionaire.

Up until recently, Rob, 35 years of age, worked in a supermarket in northern England as a warehouse manager. During that time, Rob and his partner set a goal to grow their savings to create a better future for their son.

And Rob consequently chose the crypto path as a means to increase his savings. 

He began an in-depth study of various cryptocurrencies, and in due time he came across the self-proclaimed ‘dogecoin killer,’ Shiba Inu, a brainchild of Ryoshi.

Why the Decided to Invest in Shiba Inu Coin

Rob then read Ryoshi’s “Woof Paper,” which bears the guiding tenets of the Shiba Inu ecosystem. And through the paper, he got to understand that the Shiba Inu was an “experiment in decentralized spontaneous community building.”What is the future of the Shiba Inu (SHIB) crypto? - Quora

Source: Quora

He also understood how the power of collective decentralization can build something more potent than a centralized team ever could create.

“After reading that, I was hooked,” says Rob. “I just believed the words.”

Thus, Rob put $8,000 into the Shiba Inu coin in stages by exchanging a majority of the other cryptos he had bought into a Shiba holding via crypto exchange.

The Reward: Shiba Inu Coin Rise

When May came, the price of Shiba Inu was 1200 times what it was when Rob put in his investment. 

At that point, Rob partially took a break from his investing position by withdrawing $500,000 worth of Shiba Inu coin; Which trades on crypto exchanges as SHIB—and depositing it into his bank account.

“I come from quite a poor background. I could never have even fantasized about having this much money,” Rob said. He pointed out that he cried a lot after he took out the money, and he constantly checked his bank account after every hour on the first day to make sure it wasn’t gone.”But it wasn’t gone. It wasn’t a dream,” he said.

Rob reminisced of his past hard work just to climb the ranks in the supermarket chain while earning roughly $68,000 a year as a manager. And with this sudden influx of money, Rob decided to quit his job just weeks later.

“It was a highly stressed job with a lot of responsibility, but it just never felt like I belonged,” Rob said, explaining that he “couldn’t be happier” now that his main job is being a stay-at-home father.

While talking about his other plans, Rob says that he hopes to send his young son to private school and maybe even buy a new house for his family. These are things that he wasn’t considering before the Shiba Inu windfall.

The rest of Rob’s investments are currently in Shib and other coins within the ecosystem. A good example is LEASH, which followers of Shiba Inu consider a store of value coin.

According to records reviewed by Fortune, a recent surge in SHIB’s price has propelled Rob’s holdings to be worth over $1 million.

Conclusion

Rob further says that joining the Shiba Inu community gave him a sense of belonging.

This is so because, when he first became interested in Shiba Inu, he reached out to Shytoshi Kusama, a project lead and Shiba Inu influencer who goes by a pseudonym, and Kusama immediately responded to him. That was not something that happened with other coins, he said. 

He remembered several times where he almost pulled out his entire savings during dips in the market. But the community was there for him; hence, he did not sell.

Time to invest in Shiba Inu? It’s never too late.