It’s all fun and games until the markets turn red and dive deep south which brings in the creepers among investors. The stock and cryptocurrency markets are ‘two-faced’ that can take investors on an emotional ride. What once feels like a fun ride, can turn bumpy in minutes. Just look at Shiba Inu (SHIB) as an example.
Dreams that are built for months could crumble in a day. Such is the intensity of the markets and investors need to be prepared for this uncomfortable long journey. A handful of Shiba Inu investors who took an entry position after it reached its all-time high of $0.00008616 in October 2021 are all under loss now.
Shiba Inu: Investors Bleed As SHIB Bites
The dreams of seeing the token hit $0.01 seems shattered as SHIB is adding ‘zeroes’ than deleting them. Investors are in a bit of a shock to realize that their cute little Shiba Inu dog can also bite. The truth is that the markets always had a bite in them and bit investors for years and decades. There’s nothing new to the phenomenon and it existed since the time the stock markets were created in the year1606.
Investors who are shocked and disappointed to see SHIB’s bite don’t know the reality of the markets. The global financial markets are known to bite more than provide a level of comfort to investors. Be it leading stocks or cryptos, the bite is harder at every level and not being equipped to handle it could make things worse.
Ace investor Warren Buffet lost billions during the 2008 financial crisis but remained calm throughout the storm. The same stocks have tripled in value 15 years later today making him the king of all investors.
The lesson to be learned is to not be affected when the market bites but to remain calm to reap the rewards. Now it’s the time for Shiba Inu to bite, but you never know when it might begin to bless. The ‘two faces’ of the markets are ‘bite and bless’ and those who prepare for both, make it in life.