Long-term Shiba Inu Investing Strategy, Ep #96

How To Trade It: Trader Insight from Profitable Traders

English - January 20, 2022 12:00 - 30 minutes - 20.9 MB - ★★★★★ - 15 ratings
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Previous Episode: Risk-On, Risk-Off with Michael A Gayed, Ep #95

Next Episode: Studying the US Investing Champion, Mark Minervini, Ep #97

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine. He is an entrepreneur, a leader in his local church, and is a successful business owner and trader. Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom. Helping others is at the heart of all that drives Casey on a daily basis. In this episode of How To Trade It, Casey discusses his investing strategy as it relates to the crypto coin, Shiba Inu. You don’t want to miss it!

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You’ll want to hear this episode if you are interested in…

[00:18] Why Casey thinks “Crypto is here to stay!”[07:10] Shib as a deflationary coin[21:30] What “burning the Shib” means

Crypto is here to stay

In a recent interview, my guest and I were talking about the value of crypto, in general. It’s maturing as a market, and we believe it’s still in the early stages of growth. Currently, only about 4% of investors are even looking at it. As time goes on, there will continue to be more uses for it. I don’t think it’s going away anytime soon.

Deflationary Coins

According to the laws of supply and demand, something that is limited is more valuable than something that is unlimited. The great thing about Shiba Inu, is that it has a maximum supply…it’s LIMITED! It’s a ridiculous 4 quadrillion coins, but unlike the unlimited dollar, it is still a fixed amount. Due to “burning”, the value of Shiba Inu is actually increasing because the supply is purposely being decreased. As long as the demand for Shiba Inu continues to increase, the value will continue to increase as well.

Resources & People Mentioned

Michael A. Gayed interview My Shiba Inu Trading Strategy The Calm Cash app Desire To Trade podca

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