Lian Argues Long-Term Shiba Inu Holders Show True Conviction in Crypto

Lian Argues Long-Term Shiba Inu Holders Show True Conviction in Crypto
  • Anndy Lian criticized the hype surrounding new meme-coin traders, highlighting the long-term commitment of Shiba Inu holders.
  • Lian emphasized that Shiba Inu holders have endured years of market volatility, showcasing true conviction in their investments.
  • Lian questioned the praise given to traders who experienced short-term losses in newly launched meme coins.
  • Shiba Inu experienced massive price fluctuations, with its value dropping nearly 90% from its all-time high.
  • Despite significant losses, many Shiba Inu holders have maintained their investments for over a year.

Blockchain advisor Anndy Lian has criticized the hype around new meme-coin traders, emphasizing the commitment of long-term Shiba Inu holders. Lian recently shared his views on social media, questioning the celebration of short-term speculators who endure brief losses in new tokens. According to Lian, it is the Shiba Inu holders who have weathered years of market volatility that deserve true recognition.

Shiba Inu’s History of Volatility

Shiba Inu has experienced dramatic price fluctuations since its launch in August 2020. The token started at an extremely low price of $0.000000000056. In October 2021, it reached an all-time high of $0.00008845, marking an astronomical surge.

However, Shiba Inu has faced a severe price drop from its peak. The coin has lost nearly 90% of its value, currently priced at $0.000009122. This ongoing volatility has led to many investors holding their positions through both rapid price increases and large drawdowns.

Despite the setbacks, many Shiba Inu holders have remained committed to their investments. Recent reports show that over 1.17 million holders have kept their Shiba Inu tokens for more than a year, enduring these market fluctuations. Lian applauds their persistence, suggesting they have displayed more conviction than short-term traders in newer meme coins.

New Meme Coin Traders and Short-Term Losses

Lian recently reacted to the celebration of a trader who suffered a $30,000 loss within 24 hours while holding a new Solana meme coin. The trader’s perseverance through this brief volatility was praised as a show of “conviction.” Lian, however, expressed skepticism, pointing out that a three-day-old token and a 24-hour loss pale in comparison to Shiba Inu’s years of market swings.

 

Lian argues that long-term Shiba Inu investors have endured much more substantial challenges. He believes their resilience, not the short-term speculative gains of new traders, should be celebrated.

“If holding a Solana meme coin through a $30,000 loss counts as conviction, Shiba Inu holders deserve Nobel prizes for their perseverance,” Lian stated.

This comparison highlights the differences between short-term speculators and long-term investors in the crypto market. While new meme coins like those on Solana can attract quick attention, they do not represent the same level of commitment shown by Shiba Inu’s longstanding supporters.

SHIB Price and Long-Term Commitment

Shiba Inu price continues to fluctuate, with a recent seven-day loss of 1.05% and a 13.94% drop over the past month. Despite the decline, Shiba Inu holders remain steadfast. Even with the challenges, many continue to hold their tokens, embodying the true spirit of long-term conviction.

Shiba Inu’s journey from humble beginnings to its peak and subsequent decline highlights the volatility of the crypto market. Investors who have stuck with the coin through thick and thin are a testament to the enduring power of long-term commitment. According to Lian, their ability to hold through such market turbulence stands as a model of true perseverance.

 

Source: https://parameter.io/lian-argues-long-term-shiba-inu-holders-show-true-conviction-in-crypto/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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What is the Crypto Strategy for a Newbie? Anndy Lian Explains on Moneyverse Show

What is the Crypto Strategy for a Newbie? Anndy Lian Explains on Moneyverse Show

In a recent episode of The Moneyverse Show, seasoned blockchain expert Anndy Lian shared practical insights for newcomers venturing into cryptocurrency. With over a decade of experience in the crypto world and as the author of influential books like NFT from Zero to Hero and Blockchain Revolution 2030, Lian offered a clear roadmap for beginners like Vasajit, who are eager to explore digital assets but unsure where to start.

The Foundation: Bitcoin and Ethereum
For those just dipping their toes into crypto, Lian’s advice is refreshingly simple—begin with the two most established cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH). These assets serve as the bedrock of the crypto market, offering relative stability compared to the wild swings of smaller altcoins. Bitcoin, often referred to as digital gold, is a long-term store of value, while Ethereum powers the vast ecosystem of decentralized applications and smart contracts.

Lian recommends purchasing these through centralized exchanges (CEXs) such as Binance, Bybit, or Coinbase. These platforms are user-friendly and allow fractional purchases, meaning you don’t need to buy an entire Bitcoin or Ether to get started. Even small, regular investments—like $200 a month—can accumulate into a meaningful position over time.

Taking the Next Step: Decentralized Finance
Once comfortable with the basics, Lian encourages new investors to explore decentralized finance (DeFi) by setting up a non-custodial wallet like Trust Wallet, MetaMask, or OKX Web3 Wallet. Unlike centralized exchanges, where the platform holds your keys, these wallets give you full control over your assets—a fundamental principle of true cryptocurrency ownership.

Venturing into DeFi opens doors to emerging projects, staking opportunities, and yield farming, where investors can earn passive income by providing liquidity. However, Lian cautions that this space is also rife with risks, including scams and extreme volatility. His advice? Start with small amounts, thoroughly research projects, and never invest more than you can afford to lose.

The Power of Dollar-Cost Averaging
For those wary of market turbulence, Lian highlights dollar-cost averaging (DCA)—a strategy where you invest a fixed amount at regular intervals, regardless of price fluctuations. This approach removes emotion from investing and smooths out the impact of market highs and lows. He shared an inspiring example of a friend who consistently bought Bitcoin over five years, building a substantial portfolio despite the market’s ups and downs.

Balancing Risk and Reward
While Lian advocates for cautious investing, he doesn’t dismiss high-risk, high-reward opportunities. He recounted a personal experience where he invested in a low-market-cap project that skyrocketed from $2 million to $80 million in just days. However, he emphasizes that such wins are exceptions, not the norm. His key takeaway? Always have an exit strategy and treat speculative investments like “lottery tickets”—fun to explore, but never with money you can’t afford to lose.

The Golden Rule: Knowledge Before Investment
Lian’s final piece of advice is universal: education is the most valuable asset in crypto. Whether you’re buying Bitcoin, experimenting with DeFi, or exploring new tokens, understanding what you’re investing in is non-negotiable. The crypto market moves fast, and while opportunities abound, so do pitfalls.

For beginners, the journey starts with patience, discipline, and a willingness to learn. As Lian puts it, “It’s not about how much you invest, but how wisely you invest.”

The Moneyverse Show is available in the U.S., Australia, and Singapore.

Disclaimer: This article is for educational purposes only and not financial advice. Cryptocurrency investments carry risks; always conduct your own research.

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Crypto a Good Way to Make Money for the Future? – Anndy Lian Explains on The Moneyverse Show

Crypto a Good Way to Make Money for the Future? – Anndy Lian Explains on The Moneyverse Show

In a recent episode of The Moneyverse Show, hosted by Andreas Vecchiet and co-hosted by global money expert Lionel Lee, the spotlight was on cryptocurrency as a potential avenue for future wealth. The guest of honor was Anndy Lian, a best-selling author, intergovernmental blockchain advisor, and early crypto advocate. With over a decade of experience in the crypto space, Lian shared his insights on the question: Is crypto a good way to make money for the future?

Here are the key highlights and takeaways from the conversation:

The Question: Is Crypto a Good Way to Make Money?
Lionel Lee, the show’s co-host, posed the viewer’s question to Lian, asking whether crypto is a viable way to generate wealth in the long term.

Lian’s response was nuanced, offering both optimism and caution. He began by explaining that the answer is both “yes and no,” depending on the individual’s approach, risk appetite, and understanding of the market.

Long-Term Investments in Crypto
Lian highlighted the importance of a long-term perspective when investing in cryptocurrency. He suggested that investors focus on the top 10, 20, or 30 cryptocurrencies listed on platforms like CoinMarketCap or CoinGecko. These coins, often referred to as “blue chips” in the crypto world, are more stable and less volatile compared to newer, lesser-known tokens.

“If you invest in the top cryptocurrencies for the long term, the returns can be stable and satisfactory,” Lian explained. He emphasized that while these investments are not without risk, they are comparable to traditional financial instruments in terms of stability.

He cited examples like XRP, which recently experienced a significant price surge. Investors who bought in at a low price could see returns as high as 5x. However, Lian cautioned that such opportunities require patience and a willingness to hold through market fluctuations.

The Appeal of Control in Crypto Investments
One of the key advantages of cryptocurrency, according to Lian, is the level of control it offers to investors. Unlike traditional investments managed by private bankers or financial institutions, crypto investments allow individuals to have full control over their assets.

“You control everything you’re trying to do,” Lian said, highlighting the decentralized nature of cryptocurrency. This autonomy is particularly appealing to investors who prefer to manage their own portfolios.

High-Risk, High-Reward Opportunities
For those with a higher risk appetite, Lian discussed the potential of investing in new and emerging cryptocurrencies. These tokens often experience rapid price increases shortly after their launch, offering the possibility of significant returns in a short period.

“If you’re willing to put in what you can afford to lose, say $1,000, and invest in new coins, you could potentially see a 10x return within a day or a week,” Lian explained. However, he cautioned that these investments are highly speculative and should only be pursued by those who understand the risks involved.

Balancing Risk and Reward
Lian stressed the importance of balancing risk and reward when investing in cryptocurrency. While blue-chip cryptocurrencies offer stability, newer tokens provide the allure of high returns. He advised investors to diversify their portfolios and only invest what they can afford to lose.

“It all comes down to the individual’s appetite for risk,” Lian said. He encouraged viewers to educate themselves about the market and make informed decisions.

The Future of Crypto as an Investment
When asked about the future of cryptocurrency as a way to make money, Lian expressed optimism. He believes that crypto will continue to be a viable investment option, especially as the market matures and more institutional players enter the space.

“The future for earning good money in crypto is definitely there,” Lian concluded. However, he reiterated the importance of a strategic approach and a long-term mindset.

Final Thoughts
The episode provided valuable insights into the world of cryptocurrency, with Anndy Lian offering a balanced perspective on its potential as an investment. While crypto can be a lucrative way to make money, it requires careful planning, risk management, and a willingness to learn.

For those new to the space, Lian’s advice is clear: start with blue-chip cryptocurrencies, focus on long-term gains, and only invest what you can afford to lose. For more adventurous investors, the high-risk, high-reward nature of new tokens can be enticing, but it’s crucial to proceed with caution.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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