Should You Buy Shiba Inu While It's Below One Cent?

When cryptocurrency investors can let go of the desire for fast profits, that may be when the best long-term gains can be achieved. It's easy to lose sight of this with a fast-moving coin like Shiba Inu (CRYPTO: SHIB), which could theoretically reach $0.01 someday and turn today's HODL-ers (investors who Hold On for Dear Life) into Shib-millionaires.

Or at least, that's the dream that some eager traders might hold on to. Yet, redefining success and emphasizing community over functionality will be essential to keeping Shiba Inu's loyal investors grounded, motivated, and solvent.

This is as good a time as any to dispel a few misguided ideas about Shiba Inu. Some commentators might claim that the coin has no purpose. In one sense, this is indisputable.

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Source Fool.com