A Shiba Inu investor missed out on billions of dollars in potential profits in 2021, making it one of the biggest losses in cryptocurrency history.
This investor failed to capture Shiba Inu's incredible rise from January to October 2021 and sold his SHIB holdings in cash, leaving this investor with a meager investment of only $2,000. He sadly shared his experience in front of the camera, lamenting that he missed the opportunity to become a billionaire, and explained why he missed the success of SHIB.
He purchased the Shiba Inu in 2020, just months after the coin hit the market. At that time, the price of SHIB was $0.000000000077295 and this investor bought 250 billion SHIB tokens using $2,000.
But fate had a different outcome for him and he missed the opportunity to become a billionaire in just 10 months. SHIB went down at the beginning of 2021 and this investor lost $373 in the same week. The first investor lost 18.5% in nine days and panicked that the decline could continue.
Anxiety took over when his $2,000 investment and portfolio dropped to $1,627. Ultimately, he decided to withdraw from Shiba Inu by selling all 250 billion tokens at a loss.
Just a week after selling 250 billion SHIB tokens, the price of the Shiba Inu began to rise, and between January and October 2021, six "zeroes" were erased. So by the time SHIB reaches its all-time high price of $0.00008616 in October 2021, $2,000 could have turned into $1 billion.
He said: "I got a message from a few friends and they told me Shiba Inu was up 67 million points since January. I invested $2,000 at the time and let it sit for a few weeks. The price dropped and I sold it at a loss."
He added: "It turns out that if I hadn't sold, the investment would now be worth $1 billion." The investor ended the video with a tearful tone: “How do I face this now?" The lesson we will learn is patience 💥 $SHIB $PEPE $FLOKI