An early Shiba Inu cryptocurrency investor has expressed profound remorse for selling their tokens too soon. The investor had initially invested $2,000 in SHIB during its early days in January 2021, when it was trading at $0.000000000077295 (10 zeroes) before it began its upward trajectory. However, the investor could not have anticipated that the token would shed six zeroes in just ten months.
Despite accumulating a staggering 25 trillion SHIB tokens with an initial investment of $2,000 in January 2021, the investor ultimately sold all their holdings for a loss when the token’s value dropped a few days later. The investor cited fear as the main reason for their decision, as SHIB had been one of the poorest performing cryptocurrencies in 2020, leading them to believe that their investment was at risk of becoming worthless.
Read Also: Social Media Activity for Shiba Inu Reaches Quarter of a Year High
It’s worth noting that SHIB’s value had previously dropped by a significant amount, with a $100 investment in the token losing nearly 98% of its value in just two months. This context likely contributed to the investor’s fear and reluctance to hold onto their SHIB tokens.
Early Shiba Inu Investor Misses Out on $1Billion ROI
Whether due to bad luck or poor judgment, the investor’s decision to sell all their 25 trillion SHIB tokens in January 2021 ultimately cost them dearly. In just ten months, SHIB had skyrocketed by an incredible 67 million percent, reaching an all-time high of $0.00008616 in October 2021. Had the investor held onto their tokens, their initial $2,000 investment could have been worth a staggering $1 billion.
The investor shared their reaction to this missed opportunity in a TikTok video in October 2021, likely filled with regret for having sold their SHIB tokens too early.
“I just got a message from a couple of mates and they told me that Shiba Inu has gone up 67 million percent since January. Now in January (2021) I was browsing Reddit and came across a recommendation for buying meme currencies. One of them was SHIB. At that time I put $2,000 into it and I left it for a couple of weeks. It went down and I sold it for a loss.”
Read Also: Impressive Milestones Achieved by Shiba Inu’s Puppynet Network
He added, “It turns out that would now be worth $1 billion if I hadn’t sold it.” The investor ended the video by saying, “Now how to live with that?” You can watch the video below.
