This post is meant for informational purposed only and should not be taken as financial advice.
So, I have been a major advocate for the Shiba Inu token ever since I first heard about it a few years ago. Why? simple... The ROI.
ROI- return on investment
Simply put you don't have to put in a lot of resources in order to make a decent amount of money.
Why is this? Because it's so damn cheap.
Question for you:
If you could have gone out and mined gold before anyone else realized it was valuable would you go back and get as much of it as possible? Of course, you would have. Well, that's the way I look at Shiba right now. I view it as an undervalued coin as of right now and truly believe that it will skyrocket in price. (hopefully very soon)
Here's a hypothetical for you. If you took just $200 USD(I know for some that's a lot of money right now) that would be worth 5,991,294.017600 at the time of writing. If(that's a big if) Shiba was to hit just $0.01. that would be almost $60,000. (that's not a typo). Grated we have a long way to go before Shiba ever hits 0.01 But look at it this way. That gives you more time to accumulate more. Try and think about it as it's on sale right now. just think back in 2011 BTC was trading at $0.30. LET ME BE CLEAR I DON'T BELIEVE SHIBA WILL EVER HIT THE $10,000 MARK LIKE BTC. But still, would you risk $200 to make $60,000. I know that I would/am.
Don't have the money to invest at the moment. Join the club, but luckily there's an alternative. Mining:
Unlike BTC which requires special hardware just to make it profitable now. Shiba can be mined relatively easily on a PC. Grated if you have a gaming PC with a decent graphics card you can mine quite a bit easier. But even without a high-end gaming PC, you can still mine Shiba from a laptop using the CPU. It's not as fast and won't produce as much as the high-end setup. But if you are looking for cheap ways to get into crypto, why not use the resources you already have?
I am going to end this post here due to the fact that I'm trying to keep it informative but still short. There are many step-by-step guides on how to mine Shiba but if I have enough people interested in it I will do another post on how to mine it.
If you finished this post thank you from the bottom of my heart for taking the time. It means more than you know.