@footymonztro @TeodorDimitrov1 @throramza At the time, price was 0.000047 x225= 0.01 price. M cap was 18 billion, which u also multiply by 225= 4.5 trillion, that is if u buy with same price. As long as the world buys oil in usd, they are dependant on usd. Check history, wars have started for then wanting to sell in EURO
@SakuyaRed0@johnstell10@actualkingsmith@throramza Also last tip. The market is over due for a correction aka a recession. Best time to invest in real stocks for real guaranteed gains. Then buy real estate with it. That what the rich do. They dont gamble with these things.
@SakuyaRed0@johnstell10@actualkingsmith@throramza If valuation is 5 tril at .01, then someone has to pay for it and burn it. Plus the price keeps going up so even more trillions. The burn rate rn is slow af. They are planning on Bruning 100k from spotify. Thats their goal. Thats nothing.
@SakuyaRed0@johnstell10@actualkingsmith@throramza U should invest $100 a month into a decent index fund with 10% annual return. By the time ur 50 assuming u are in your early 20's. U should have millions.
@SakuyaRed0@johnstell10@actualkingsmith@throramza Go educate yourself first , because if not this coin the next u will lose money if u are just following the trend. Only invest amount you are willing to lose. If u aren't going to learn more then just buy and hold. Usually works best before all the hype like now.A little late imo
@SakuyaRed0@johnstell10@actualkingsmith@throramza Also the burn rate is too slow. Unless they find a better way to burn. Someone has to buy it and store it from my understanding. Who the fuck has trillions of dollars just to burn coins so u and I could make money?
.6 is the theoretical safe point of investing in shibu. @ .29 vitali said he stored 90% of his coins out of circulation. About 400 trill, which means price should go up 2x. So now tread softly. FYI he could always sell all his "out of circulation" shares out of nowhere. #shibainu
@SakuyaRed0@johnstell10@actualkingsmith@throramza Not you my friend. The person with the initial comment. Get price of shibu rn multiply by 225 times. Then it will give u 0.01. Now multiply the market cap by 225x. Gives u like 4-5 trillion. Btc is 1.1 tril. Do u think it will ever reach it?
@TeodorDimitrov1 @throramza USD is backed up by oil being sold in USD. So it is backed by black gold. Also their is a formula and the m cap is very important. Too much supply my friend, do u think a useless meme coin can be 4x in value of btc which is a real usefull coin? Assuming price is 0.01
@seatownstaydown@alexbraczkowski@throramza And who owns 90% of the supply to burn for it to reach 0.01. The creators? Lets say they do, would they burn their coins so u could make money? lol.
@TheBurritoLion@GPURestock So u just go to the store and buy it? Do you go to any rep and then what do u do? Also sorry for all the questions but in the app how u find out which store has it is , go on the app, search rtx and show in store, then it says its sold out? Thats how u know which store has it?