Early Bitcoin Adopter Recommends Buying Shiba Inu

Shiba Inu Shib

Davinci Jeremie, who has been supporting Bitcoin since 2011, encouraged people in the crypto market to think about including Shiba Inu in their investment plans.

He shared his perspective in a recent post on X, where a crypto fan asked for his opinion on investing in Shiba Inu for possible long-term profits. Jeremie replied positively to the inquiry.



Davinci Jeremie’s 2013 Bitcoin Advocacy

In a recent conversation initiated by Bitcoin Magazine, the focus turned to Davinci Jeremie’s advocacy for Bitcoin investment back in 2013. The magazine unearthed a video from that year where Jeremie passionately encouraged the public to invest in Bitcoin, even with just $1. He emphasized the importance of allocating even a small amount to Bitcoin, stressing that it would be worthwhile in the years to come.

At the time of Jeremie’s appeal on May 9, 2013, Bitcoin was trading at its highest price of $114. Fast forward over a decade later, Bitcoin is now trading above $70,000. Those who heeded Jeremie’s advice and invested $1 in Bitcoin in 2013 would have seen their investment grow to $613 if they held onto it until today.

Even more strikingly, individuals who invested $1,000 in Bitcoin at the time would have acquired 8.77 BTC tokens. With Bitcoin’s current trading price hovering around $70,000, these tokens are now worth a staggering $614,000. This underscores the remarkable growth potential Bitcoin has demonstrated over the years and the significant returns it has yielded for early investors.

Davinci Jeremie’s Continued Investment Recommendations

In light of his past success with Bitcoin, Davinci Jeremie has gained confidence in endorsing other tokens that he believes hold similar potential for success. However, his new choices for promotion have faced scrutiny from some members of the crypto community. In response to critics, Jeremie reminded them of the skepticism he faced when advocating for Bitcoin, urging them not to miss out again.

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Endorsement of Shiba Inu

When X user Milad asked Jeremie about investing in Shiba Inu, Jeremie responded affirmatively, suggesting that SHIB has long-term potential. Interestingly, this isn’t the first time Jeremie has directly urged investment in Shiba Inu. Last year, when asked about which altcoin is worth acquiring, he issued a similar call. At that time, SHIB was trading at $0.0000079. If an investor had committed $10,000 to Shiba Inu then, they would now be sitting on $36,708 at SHIB’s current price, marking a profit of over $26,000 in just five months.

Shiba Inu: The Memecoin Success Story

Outstanding Long-Term Performance: Shiba Inu has firmly established itself as a compelling long-term investment opportunity, emerging as one of the most successful meme-inspired cryptocurrency projects. Notably, SHIB has recorded an astonishing 35,349,973% return on investment (ROI) from its all-time low in September 2020, with its current price sitting at $0.00002881.

Creation of Wealth: Emphatically, Shiba Inu has generated numerous millionaires and even a handful of billionaires among its early adopters. The cryptocurrency’s meteoric rise has turned heads in the investment community, showcasing its potential to deliver substantial returns over time.

Regrets of Early Adopters: However, some early adopters who chose to part ways with Shiba Inu prematurely now share stories of regret. They lament missing out on the opportunity to amass significant fortunes by underestimating the coin’s long-term potential. A recent example involves an African investor who missed out on a $108,000 gain from Shiba Inu because they decided to sell the asset when their portfolio reached only $500.


Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

 

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  • SHBAZ

    A crypto enthusiast, Loves to write, Loves to explore and stay up-to-date about the latest developments in the crypto world. #Btc #Crypto #NFT

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