A yet-to-be-identified Shiba Inu investor and crypto enthusiast has recently revealed how he was able to scoop in about $5.7 billion in SHIB in a telephone interview with a closely followed YouTuber, Bad Anthony.
Notably, this investor picked interest in Shiba Inu during its early days, investing about $8,000, which eventually resulted in a remarkable billion-dollar profit.
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In the interview with Anthony, the SHIB billionaire was benevolent enough to share the strategy that helped him cart so much in profits from an $8,000 investment in August 2020, which became over $5 billion 400 days later, representing an increase of 71,249,900%.
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Recounting his early days in the crypto space, the anonymous crypto enthusiast stated that he had been an active crypto user since 2011, adding that he had also made considerable gains from crypto projects in the past aside from the huge one he made from SHIB tokens.
He noted that Shiba Inu was introduced to him by his colleagues in the crypto community, remarking that the coin was recommended to him as a stern Dogecoin (DOGE) competitor. He confirmed that he did not consider allocating funds to DOGE, as he was solely focused on SHIB.
About the $8,000 investment capital, the SHIB billionaire noted that it was an accumulation of different investments that summed up to the $8,000.
He confirmed that the accumulated capital suffered a devastating hit shortly after the investment reached $8,000. However, it never made him lose confidence as he kept faith in Shiba Inu.
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Aside from the initial hit his investment capital received, the anonymous crypto enthusiast noted that the Shiba Inu community Telegram group dissolution incited fear among him and his peers, leading to most of them selling off almost all their SHIB holdings.
However, he managed to maintain faith in the project, noting that the crypto community played a significant role in ensuring that he never lost confidence in SHIB.
The SHIB billionaire remarked, “There were so many different projects that I jumped into taking chances on, and most of them did well. It’s all about being willing to take the chance and willing to stick it. Because in this game, early investors and long-term holders always make the money.”
Shiba Inu attained an all-time high on October 28, 2021. The digital asset achieved a price high of $0.00008616, earning the SHIB billionaire investor the privilege of being tagged the most extraordinary individual in history, following the massive profits he made off Shiba Inu after the rally in October 2021.
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