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I got into crypto late in 2020, started off with investing in ripple when it sat at around €0.19 and eventually sold when it hit the circa €0.80 range.
After that I began investing in more stable coins, and diversified my crypto portfolio. However at this time I was always looking at super low value coins, thinking that they would only have to increase by less than a € and I would instantly become a millionaire. And that’s when it happened folks, SHIB was listed on Binance and my eyes lit up with dollar signs. I immediately pumped €100 in whilst it sat at its ATH, and started doing the math. It only needs to reach €0.40 for me to be a millionaire right? RIGHT?! Wrong. Well no, not technically, but little did I know that SHIB would NEVER hit €0.40. And that’s when it hit me, market cap ladies and gents.
To follow on from this mess, I then sold my SHIB for €22 last week, I’d be breaking even right now if I had of held.
TL;DR - Market cap, google it.
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- 2 years ago
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