Is SHIBA INU Back In Good Graces

I was an early SHIBA INU token holder after it was launched as the DOGE coin killer. At the time of its release I "dollar cost averaged" small bites of SHIB. It was easy to buy and hold during the year of the pandemic.
As the markets have begun taking, I ton a different stance with regard to cryptocurrency investment. With the stock market tanking and easy money drying up, I also had to liquidate ALL of my tokens. The only holding I've held exclusively over the past 5 years has been HIVE.
The Shiba Inu token is hosted on the Ethereum (ETH) blockchain. The cost of transactions on applications hosted on the Ethereum Blockchain generally go up when the gas or transaction fees rise, which happens when too many transactions occur at a given time that clogs the network.
We may be witnessing a small bear market bump so I've been adding back sone SHIB tokens.
It's become an easier buy for me since many of my exchanges and wallets take my debit card for the purchases of cryptocurrency with my fiat dollars.

1 comment:

  1. Buying more SHIBA INU this weekend after the price fell along with the BTC crash.

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