I Got 1 Million $SHIB airdroped in a trading competition! What Should I do?
I Got 1 Million $SHIB airdroped in a trading competition! What Should I do?
A trading competition is happening at a local exchange in my country. The exchange is a trusted and established one and I have zero doubt about the $SHIB tokens I can receive as a reward in my Shiba Inu exchange wallet. I have been using this exchange since 2018 without any major issues, so you can understand the amount of confidence I have in them.
I mostly invest in Bitcoin, and sometimes in important altcoins. However, I don’t believe in the concept of meme coins and don’t pursue them. I’m interested in knowing whether I should continue holding onto my current tokens until the next bull run, or if I should sell them to buy Bitcoin or other altcoins. I would appreciate a piece of good advice from the community.
1,000,000 SHIB is approximately $25 which isn’t really a lot of money unless you live in a third world country. If I was you I would HODL them. We are very early in the bull run, you could probably x 10 that money simply by holding for 12 months or so.
I would buy Bitcoin with them, to be honest. But the decision is up to you.