A Complete Guide to Buying Shiba Inu on Coinbase
Intro
Cryptocurrency has swayed the financial world, attracting a broad spectrum of investors, tech enthusiasts, and educators. Among this myriad of digital currencies, Shiba Inu stands out not just for its dog-inspired branding, but also for its dedicated community and the potential it offers. As these digital assets continue to capture public attention, methods for purchasing them need to be accessible and straightforward.
This guide aims to demystify the process of buying Shiba Inu cryptocurrency on Coinbase, one of the most popular platforms for cryptocurrency transactions. Whether you are a seasoned investor or a newbie, understanding the fundamentals will empower you to make informed decisions throughout your crypto journey.
Understanding Cryptocurrency Basics
What is Cryptocurrency?
Cryptocurrency can be understood as digital or virtual currency that employs cryptography for security. This technology ensures that transactions are secure and that units of currency cannot be duplicated. Unlike traditional money, cryptocurrencies are decentralized and typically operate on blockchain technology.
Shiba Inu, for instance, is an altcoin created as a playful nod to Bitcoin, and it has rapidly gained traction. Buying cryptocurrencies like Shiba Inu means you are engaging in a modern financial ecosystem that operates differently than conventional banking.
How Does Blockchain Technology Work?
Blockchain is the backbone of cryptocurrency. Imagine a digital ledger, where each transaction is recorded in blocks that are linked together. Once a block is filled with information about transactions, it gets added to the chain, creating a permanent and unalterable history of all transactions. Hereâs how the pieces fit together:
- Distributed Network: The blockchain is maintained by nodes or computers distributed globally.
- Transparency: All transactions are visible to anyone on the network, enhancing accountability.
- Security: The cryptographic protocols employed by blockchain technology make it exceedingly secure against tampering.
By understanding these fundamental concepts, you lay a strong foundation for your cryptocurrency investments.
Investment Strategies in Crypto
Investing in cryptocurrency like Shiba Inu isn't as simple as just hitting the 'buy' button. A keen strategy can help manage risk and maximize potential gains.
Long-term vs. Short-term Investing
When considering your approach to investing in Shiba Inu, it's essential to identify your investment horizon:
- Long-term Investing: This strategy involves holding onto your investment for several years, betting on the notion that its value will appreciate significantly over time. Emotional resilience is crucial here as market fluctuations can lead to uncertainty.
- Short-term Investing: Conversely, short-term or day trading entails buying and selling cryptocurrencies over shorter periods, often capitalizing on market volatility. This approach demands more frequent market analysis and can be tiring.
Risk Management and Diversification
Navigating the crypto landscape also involves recognizing the associated risks. Here are a few points to consider:
- Diversification: Instead of pouring all your funds into Shiba Inu, consider diversifying your portfolio with other cryptocurrencies or assets. This can help mitigate losses in case one investment underperforms.
- Setting Limits: Establishing clear buy and sell signals based on your risk tolerance ensures that youâre not making hasty decisions under pressure.
"Investing without a strategy is like sailing without a compass; you might end up somewhere, but it may not be where you want to be."
As you proceed through this guide, we will delve into each step necessary for purchasing Shiba Inu on Coinbase, ensuring clarity and confidence along the way.
Understanding Shiba Inu
When diving into the world of cryptocurrency, especially for newcomers, itâs vital to grasp the intricacies of Shiba Inu as an asset. This section lays the groundwork for understanding why the Shiba Inu tokenâoften known as a meme coinâhas captured the attention of many investors and enthusiasts alike. Not only does it represent a playful notion in the crypto space, but it also holds potential investment opportunities worth considering.
What is Shiba Inu Cryptocurrency?
Shiba Inu is a decentralized cryptocurrency created in August 2020 by an anonymous figure utilizing the pseudonym "Ryoshi." It positions itself as a direct competitor to Dogecoin, drawing inspiration from the popular Shiba Inu dog breed. This token operates on the Ethereum blockchain, which essentially allows users to engage in transactions over a secure network.
Unlike traditional cryptocurrencies such as Bitcoin, which have a capped supply, Shiba Inu started with 1 quadrillion tokens, a number that creates apprehensions and excitement in equal measure. The community-driven nature of Shiba Inu has spawned a vibrant ecosystem, including its own decentralized exchange called ShibaSwap, drawing in a community of loyal supporters.
The Historical Context of Shiba Inu
To grasp this cryptocurrency fully, understanding its backstory is crucial. Initially launched as a joke without any significant use case, Shiba Inu soared in popularity during 2021, paralleling the rise of meme-based investing spurred on by social media platforms like Reddit and Twitter. The token garnered substantial interest from retail investors, resulting in a massive surge in its value.
Historical events, such as Elon Musk's tweets mentioning Dogecoin, influenced investor sentiments, causing collateral effects on Shiba Inu as investors chased similar returns. However, the volatility that accompanied these surges reminds one that investing in cryptocurrency can be like riding a rollercoasterâthrilling but unpredictable.
Shiba Inu's Market Position
As of now, Shiba Inu sits high among the ranks of cryptocurrencies by market capitalization. Although it has experienced significant price fluctuations, many investors eye it as a speculative asset, often referring to it as the "Dogecoin killer." Its market position reflects both its enthusiastic community and its unique value propositions, such as fostering charity initiatives and integrating with NFT platforms.
However, potential investors should consider the fundamentals behind their investment. The speculation can lead to short-term gains, but it might not foster long-term wealth without proper market research and understanding of underlying trends. Like any investment, it's crucial to approach such endeavors with care.
Investing in cryptocurrencies requires diligent research and an understanding of market dynamics. Without it, one risks becoming just another participant in the speculative frenzy.
In summary, understanding Shiba Inu is not just about recognizing it as a token but also about grasping its cultural significance and market dynamics that influence its valuation. As we continue, each subsequent section will help illuminate the path toward acquiring this cryptocurrency on Coinbase.
Foreword to Coinbase
Understanding Coinbase is crucial for anyone wanting to purchase Shiba Inu, as it serves as a bridge between potential investors and the cryptocurrency market. Coinbase, as one of the most used cryptocurrency exchanges, simplifies the buying, selling, and trading processes, making it accessible for both beginners and seasoned traders. This section dives into what Coinbase offers and why it is a preferred platform for many.
Overview of Coinbase
Coinbase is an online platform where people can buy, sell, and store various cryptocurrencies, including Shiba Inu. Founded in 2012, it has grown to become one of the largest and most trusted cryptocurrency exchanges worldwide.
Coinbase provides a user-friendly interface, which is key for new users who may find the world of cryptocurrency daunting. With its clean layout, intuitive navigation, and clear instructions, even those who are not tech-savvy can get a handle on purchasing their first crypto.
Coinbase Features and Benefits
Coinbase has several features that set it apart from other exchanges. These include:
- Security and Compliance: Coinbase prioritizes security and complies with regulations, ensuring users' funds and personal data are well protected.
- Variety of Cryptocurrencies: Beyond Shiba Inu, Coinbase supports a wide range of cryptocurrencies, allowing users to diversify their portfolio easily.
- Mobile App: The Coinbase mobile app allows users to trade on the go, providing convenience and flexibility.
- Educational Resources: The platform offers a plethora of educational content. Users can learn about various cryptocurrencies and trading strategies, enhancing their trading knowledge.
"Security and ease of use make Coinbase a popular choice in the cryptocurrency space."
Targeting Readers' Needs
When assessing the importance of Coinbase for purchasing Shiba Inu, it's essential to consider what readers are looking for. Many new investors are often overwhelmed by the jargon and complexity of cryptocurrency trading. Coinbase seeks to demystify this world, providing guidance and support to help demystify the process.
Investors want a platform that not only enables them to purchase digital currencies but also respects their need for security. Coinbaseâs commitment to customer service and educational resources can help mitigate fears and concerns, paving the way for buyers to make informed decisions in their investment journey. Overall, its combination of user-friendly features and robust security measures puts Coinbase at the forefront of crypto trading.
Setting Up a Coinbase Account
Setting up a Coinbase account is the first stepping stone into the world of buying Shiba Inu cryptocurrency. This is crucial not only because it lays the groundwork for your investment journey, but also because a well-configured account can significantly enhance your overall experience on the platform. Having a Coinbase account allows you to trade, hold, and sell cryptocurrencies seamlessly, offering numerous functionalities that cater to both novices and seasoned investors.
Creating Your Account
To kick things off, youâll want to visit the Coinbase website. Here, youâll be greeted by a clean interface designed for ease of use. Click on the âGet Startedâ button, and youâll have a prompt to provide necessary information like your name, email address, and a strong password. Itâs tempting to use a simple password for easy recall, but security should be your top priority. A strong password typically contains a mix of upper and lower case letters, numbers, and symbols.
After entering your details, youâll need to confirm your email address. This step is essential as it verifies that you have access to the email you registered with, which will play a role in account recovery processes. Once youâve confirmed your email, youâre one step closer to diving into the crypto realm.
Verifying Your Identity
Next up is the identity verification process, which can seem tedious but is a regulatory requirement for platforms like Coinbase. This step ensures that you are who you say you are and helps prevent fraud. Youâll be prompted to provide personal details, such as your physical address and the last four digits of your Social Security number, if youâre in the U.S.
Coinbase often requires you to upload a form of identification, such as a driverâs license or passport. The platform uses this data to cross-check and validate your identity. This may take anywhere from a few minutes to a couple of days depending on various factors, but itâs a critical phase that allows you to buy and sell cryptocurrencies freely later on.
Securing Your Account with Two-Factor Authentication
Once your account is verified, security should be your top priority. Two-factor authentication (2FA) is one effective measure you can enable to secure your account. This means that aside from your password, you also need a unique code that is generated typically through an authentication app or sent to your mobile device.
Setting up 2FA is straightforward. You will usually find the option in your account settings. Many users prefer authenticating through an app like Google Authenticator instead of SMS for enhanced security. The additional layer of protection can make a substantial difference; in the world of cryptocurrency, where transactions are irreversible, securing your account becomes paramount.
Remember: A well-secured account not only protects your investment but also gives you peace of mind while navigating the volatility of the crypto market.
In summary, establishing a Coinbase account is not just a mere formality; it involves a series of steps geared towards ensuring security and compliance. By creating your account carefully, validating your identity, and enabling two-factor authentication, you set a solid foundation for your crypto endeavors. This preparatory work is what separates the casual dabblers from serious investors, placing you in a better position to make informed decisions down the line.
Funding Your Coinbase Account
Funding your Coinbase account is a critical step in the process of purchasing Shiba Inu cryptocurrency. Without adequate funds in your account, making that investment becomes impossible. Here, we will discuss several methods for funding your account, delve into their perks and disadvantages, and also clarify the timelines for processing these transactions.
Linking a Bank Account
Linking a bank account is often the most straightforward method for transferring funds to your Coinbase account. This approach enables you to transfer larger amounts of money compared to using a credit or debit card. By connecting your bank account, you can initiate ACH transfers directly through Coinbase.
- Benefits:
- Considerations:
- Lower transaction fees overall compared to credit cards.
- Higher limits on the amount you can deposit.
- It may take a few days for the transfer to complete.
- You need to allow Coinbase to access your bank details, which may be a concern for some individuals.
To link your bank account, simply navigate to the payment methods section in your settings and follow the instructions to input your banking details.
Using a Credit or Debit Card
Using a credit or debit card to fund your Coinbase account is another popular option. This method is particularly appealing for those looking to make swift transactions. When using a card, your funds are usually available immediately, allowing for quicker decision-making in the volatile cryptocurrency market.
- Benefits:
- Considerations:
- Immediate access to funds once the transaction is approved.
- Familiarity for most users, as cards are a common payment method.
- Higher transaction fees will apply, which could eat into your intended investment.
- There are often lower limits on how much you can deposit using a card.
Setting up a credit or debit card is similar to linking a bank account. You just have to enter your card details under the payment methods section. However, be wary of your credit card limits and the potential for additional charges from your card issuer.
Understanding Deposit Timeframes
Understanding the timeframes for deposits is crucial, especially in a market known for its fluctuations. Depending on the method used to fund your Coinbase account, the time it takes for the funds to reflect can vary.
- ACH Transfers: Generally take anywhere from 3 to 5 business days.
- Credit/Debit Card Transactions: Instant, with funds available immediately after approval.
Important: Always check the current processing times on Coinbase, as they can sometimes change due to internal factors or external conditions like banking holidays.
By carefully considering the funding options available and their implications, you can ensure you are prepared to act fast when the time comes to buy Shiba Inu on Coinbase.
Finding Shiba Inu on Coinbase
In today's fast-paced world of cryptocurrency, knowing how to find specific coins like Shiba Inu on platforms such as Coinbase is vital for investors. You might wonder why this is so crucial. Well, imagine you've just set up your account, funded it, and are chomping at the bit to dive into the exciting world of Shiba Inu. Quickly locating it in the sea of available cryptocurrencies can make a big difference in your trading experience. With the right approach and understanding of the interface, you'll be trading Shiba Inu in no time.
Navigating the Coinbase Interface
First things first, let's tackle navigating the Coinbase interface. Itâs user-friendly, but if you've never handled a crypto platform before, it might feel like trying to learn a new language at first.
When you log in, the dashboard greets you with a clean layout featuring a menu bar at the top. Hereâs what you need to focus on:
- Home: Showcases your portfolio, just like a window display of a store.
- Markets: Gives you a view of all available cryptocurrencies, which is akin to browsing a catalog.
- Trade: This is your playground, where all the buying and selling magic happens.
When looking specifically for Shiba Inu, you would usually click on Markets. From there, you can scroll through or apply a filter to narrow your choices.
Searching for Shiba Inu
Searching for Shiba Inu is as straightforward as pie once you know where to look. On the top of the Markets page, thereâs a search bar, which is basically your trusty compass in this crypto journey. Just type in âShiba Inuâ or the ticker symbol âSHIB.â Ideally, it should pop up like popcorn.
If for some reason it doesnât appear, there could be a few things at play:
- New Listings: Sometimes, new listings take a bit before they show up.
- Platform Restrictions: Make sure Shiba Inu is available in your region. Not every coin is available in every location, so it's prudent to check that.
Reviewing Market Data for Shiba Inu
Once you find Shiba Inu, you're not quite done yet. The next step is to dive into the market data. This part is like reading the scoreboard during a game. The data will show you significant indicators, including:
- Current Price: Always check the price; it can change faster than you can blink.
- Market Cap: This shows the total value of all coins in circulationâgood for gauging the coinâs stability.
- 24-Hour Trading Volume: A high trading volume could signal a vibrant market, attracting more traders.
Remember, thorough analysis is key. Insights into market trends could inform your entry or exit strategy down the line. Pay attention to charts and averages too, allowing you to make educated decisions rather than guessing wildly.
"Investing without research is like navigating a ship without a compass. The right tools can provide direction and clarity."
In closing, finding Shiba Inu on Coinbase is a multifaceted process, but by steering through the interface effectively and leveraging market data, youâre setting yourself up for success. Understanding these steps establishes a solid foundation for your investment endeavors.
Executing the Purchase of Shiba Inu
Executing the purchase of Shiba Inu is a pivotal step in your crypto journey, transforming mere interest into ownership of actual digital assets. This stage not only demands technical know-how but also involves understanding market dynamics. As you prepare to press that buy button, a multitude of factors come into play, including how much you're willing to invest, the significance of transaction fees, and the final confirmation of your purchase.
Equipped with the right information, you can make tactical decisions, aligning your actions with your investment goals. Clarity in these processes enhances your confidence, making it easier to navigate the often bewildering world of digital currencies.
Choosing the Purchase Amount
The purchase amount is a crucial consideration, one that can make or break your investment strategy. Before diving into a transaction, itâs fundamental to assess your financial position and risk tolerance carefully.
- Determine Your Budget: First off, take a moment to define how much you wish to invest in Shiba Inu. Avoid stretching your finances too thin, as crypto investments carry inherent risks.
- Market Conditions: Next, consider the current market conditions. Is the price fluctuating wildly? If so, you might want to opt for a smaller amount to mitigate risk.
- Diversification: Think about your overall crypto portfolio. Avoid putting all your eggs in one basket by investing too heavily in a single asset. Striking a balance across different cryptocurrencies, including Shiba Inu, could provide a safer route.
Understanding Transaction Fees
Transaction fees can be the unsung hero or villain of your purchase experience. On platforms like Coinbase, knowing how fees work is vital to avoid any nasty surprises.
- Exchange Fees: These fees are based on the amount you will trade, and they can vary. The costs are typically a percentage of the trade amount. Make sure to check what Coinbase charges before finalizing any trades.
- Network Fees: Often referred to as gas fees, these costs are associated with processing your transaction on the blockchain. They can fluctuate based on network congestion. Keeping an eye on these fees will empower you to choose the right moments for transactions.
- Consolidated Costs: Some users overlook total costs, which can lead to a miscalculation of authentic investment value. Always account for these fees when deciding on your purchase amount.
Confirming Your Purchase
Once you've settled on your desired amount and considered the fees, the final step is confirming your purchase. This step solidifies your investment in Shiba Inu and requires your careful attention.
- Review Your Order: Before hitting that confirm button, take a moment to double-check the details. Are the amounts correct? Does the total reflect the fees? This quick review can save you from potential headaches later on.
- Acknowledgment Notifications: Upon confirmation, Coinbase will typically send you a notification confirming your order. Subscribing to alerts might help keep you in the loop about your holdings and market changes.
Always remember, once the transaction is confirmed, itâs final. Make sure youâre making informed decisions.
- Tracking Your Purchase: After confirming, keep a close eye on your transaction. Ensure it's reflected in your Coinbase portfolio and track the ongoing price movements.
In summary, executing the purchase of Shiba Inu involves a nuanced understanding of various elements. By choosing a strategic purchase amount, comprehending transaction fees, and confirming your transaction thoughtfully, you're positioning yourself for a more informed and perhaps successful investment journey in the crypto space.
Post-Purchase Considerations
After successfully acquiring Shiba Inu on Coinbase, you may think that the hard work is done. However, there are essential elements to keep in mind that can profoundly influence your investment experience. Understanding how to navigate the post-purchase landscape can bring benefits that ensure your Shiba Inu remains a valuable asset.
Storing Your Shiba Inu Securely
Having a safe place to keep your Shiba Inu tokens is paramount. While Coinbase does provide a certain level of security, many investors choose to move their assets to a private cryptocurrency wallet for additional safety.
A few key points to consider include:
- Wallet Types: There are hot wallets (connected to the internet) and cold wallets (offline storage). Cold wallets, such as hardware wallets like Ledger or Trezor, are generally safer from hacks. If youâre serious about holding onto your Shiba Inu long-term, consider investing in a cold wallet.
- Private Keys: Always remember that the security of your assets is largely dependent on your private key. Ensure you back it up in a secure place. Losing this would mean losing access to your tokens, and recovery might not be possible.
Tip: Consider diversifying where you store your tokens. Having some in Coinbase and others in a secure wallet can be a balanced approach.
Monitoring Your Investment
Once the Shiba Inu tokens are in your possession, the next step is keeping an eye on how they perform. Monitoring your investment means being informed about price movements, market trends, and news that might influence your tokens. Here are some methods:
- Price Alerts: Many cryptocurrency platforms offer alert systems. You can set these up on Coinbase or a third-party app to notify you when Shiba Inu reaches a specified price.
- Market Analysis: Join forums or follow social media channels that provide insights on Shiba Inu. Information can be invaluable, and hearing from like-minded enthusiasts often proves helpful.
- Portfolio Trackers: Use portfolio tracking apps to view the performance of your Shiba Inu in comparison to other investments. This can help you strategize your next move effectively.
Remember, the crypto market can be as volatile as a roller coaster. Keeping an informed head can help you navigate ups and downs that might come your way.
Understanding Timing for Selling
Timing can be the make-or-break factor in the world of cryptocurrency trading. Knowing when to sell your Shiba Inu requires more than simply watching the price; it involves strategy and an understanding of market movements. Here are some considerations:
- Market Trends: Keep an eye on overall market trends. A sudden spike may tempt you to sell, but consider long-term potential. Check influential reports or opinions from market analysts.
- Setting Goals: Define your objectives clearly before entering the market. Are you aiming for a short-term gain, or are you looking at long-term holding? Your selling strategy should align with these goals.
- Tax Implications: Selling your crypto assets can have tax consequences based on your location. Consult a tax advisor or do sufficient research to understand how selling may impact your financial situation.
Navigating Market Volatility
When you dip your toe into the waters of cryptocurrency, the waves of price fluctuations can be quite daunting. Particularly with Shiba Inu, known for its volatility, understanding how to navigate this turbulent seas is essential for any investor engaging with this digital asset. In this section, weâll explore the benefits of grasping market volatility and provide tools for dealing with it effectively.
Recognizing Market Trends
Amid the chaos of buying and selling, recognizing the signs of market trends can be your compass. Whether the market is bullish or bearish, trends often reveal crucial information about potential price movements. Here are some points to consider:
- Historical Patterns: By analyzing past price movements, you can begin to identify patterns or cycles. Shiba Inu may fluctuate in values based on seasonal trends or major events in the crypto landscape.
- Sentiment Analysis: The community sentiment can be a leading indicator. Shiba Inu, driven in part by social media buzz, reflects the collective mood of its investors. Tracking this can help predict short-term movements.
- Technical Indicators: Utilizing tools such as moving averages or Relative Strength Index (RSI) can provide insights into overbought or oversold conditions. If the RSI is high, it may signal that itâs time to sell before a possible drop.
By properly recognizing these trends, you can make more informed decisions about your investment in Shiba Inu, helping to either capitalize on upward movement or safeguard against potential losses.
Strategies for Managing Risk
No investment comes without risk, and with Shiba Inuâs reputation for rapid value changes, itâs smart to have a solid plan. Here are some strategies:
- Diversification: Donât put all your eggs in one basket! Consider spreading your investments across different cryptocurrencies or assets. This can help mitigate losses when one market takes a dive.
- Stop-Loss Orders: These automatic sale orders can help limit losses. You set a price at which your Shiba Inu will be sold if it drops, protecting you from significant dips.
- Regular Monitoring: Keep an eye on your investments. Market conditions can change overnight. Regular check-ins on Shiba Inu's performance can alert you to necessary actions that should be taken, whether itâs selling off or holding tight.
- Stay Informed: Knowledge is power. Following reputable sources for news or trends in the crypto world can prepare you for market changes. Engaging with communities on platforms like Reddit or Facebook can also provide valuable insights and support.
Managing risk is all about having a proactive approach and knowing when to adapt your strategy. By staying alert, you can better protect your investment against the unpredictable currents of market volatility.
Successful investing in volatile markets isnât just about timing the highs and lows; itâs about ensuring that you have a strategy to weather the storms.
End and Final Thoughts
In the ever-evolving landscape of cryptocurrency, understanding how to effectively purchase and manage a specific asset like Shiba Inu on Coinbase is crucial. The conclusion of this guide encapsulates everything from setting up your account to the strategies for navigating market fluctuations post-purchase. It's not only about buying Shiba Inu; itâs about making informed decisions that could significantly impact your financial future.
The cryptocurrency market is notoriously volatile. As such, concluding the guide with a recap and considerations for informed investing brings clarity to the readers. Engaging in cryptocurrency investments brings certain benefits - liquidity, potential profit, and diversification of your portfolio. Each point explored throughout the guide serves to reinforce the need for caution, research, and preparedness.
"Investing without research is like sailing without a compass."
Recapping the Buying Process
At the core of acquiring Shiba Inu is the buying process, which breaks down neatly into several key steps:
- Set your account up on Coinbase: Ensure all verification steps are followed to secure your account, including linking a bank or card for funding.
- Fund your account: Choose either bank transfers or debit/credit card payments to add funds to your Coinbase account.
- Find Shiba Inu: Use the search function in the Coinbase interface to locate Shiba Inu and view pertinent market data.
- Purchase: Decide on the amount you wish to buy, consider transaction fees, and confirm your purchase.
- Post-purchase management: Reflect on storage solutions and ways for monitoring your investment.
By revisiting these points, readers can solidify their grasp on the purchase process, ensuring they are prepared before they dive into the world of cryptocurrency investments.
Encouraging Informed Decisions in Crypto Investments
The final thoughts of this guide emphasize the importance of making informed decisions in your cryptocurrency journey. With the decentralized nature of currencies like Shiba Inu, it is paramount to remain well-informed about market conditions, news, and trends.
- Educate Yourself: Continuous learning is vital. Follow cryptocurrency news, join online forums, and remain engaged with developments in the crypto realm.
- Evaluate Risks: Remember that every investment has its risks. Assess your tolerance level before diving in deep.
- Long-term Perspective: Keep in mind that markets can swing drastically in the short term. Adopting a long-term view helps in managing anxiety and maintaining a level head during turbulent times.
In sum, the key takeaway from this guide is not merely about acquiring Shiba Inu, but empowering readers with knowledge. As informed investors make better choices, it contributes positively to their financial well-being in the often unpredictable world of crypto.
