A crypto enthusiast, who bought Shiba Inu tokens during its early days, has recently disclosed his deep regret of selling the tokens too early. In January 2021, the investor purchased $2,000 worth of SHIB a few weeks before its surge. At that time, SHIB was trading at $0.000000000077295, but he was unaware that the token would soon shed six zeroes within 10 months. The investment of $2,000 allowed the investor to accumulate 25,874,894,883,239 (25 trillion tokens) in January 2021.
The investor confessed that when SHIB’s value dropped a few days after his purchase, he panicked and sold all his tokens at a loss. SHIB had been one of the poorest performing cryptocurrencies in 2020, and the investor didn’t want to risk his money. Therefore, he was apprehensive and decided to withdraw his investment, assuming that it would never recover. For perspective, the price of SHIB dropped to $2 after a $100 investment in two months.
Lessons Learned: Shiba Inu Investor’s Early Sale Leaves Them with $1 Billion Regret
The 25 trillion tokens have been worth $1 billion in October 2021. The all-time high of SHIB, which reached $0.00008616, was achieved after the investor dumped trillions of tokens over a 10-month period. With a 67 million percent spike, the $2,000 investment could have easily ballooned to $1 billion. The investor expressed their reaction in a TikTok video in October 2021 after seeing the token reach its all-time high.
According to the investor, they received a message from a couple of their friends informing them that Shiba Inu had gone up 67 million percent since January. Back in January 2021, while browsing Reddit, they stumbled upon a recommendation for buying meme currencies, one of which was SHIB. At that time, the investor invested $2,000 and left it for a couple of weeks. Unfortunately, the value of SHIB went down and they sold it for a loss. The investor added that if they had not sold it, it would have been worth $1 billion today.
The investor ended the video by saying, “Now how to live with that?” The video is available below for your viewing.