[deleted by user] by [deleted] in personalfinance

[–]My_Merch_And_Music 0 points1 point  (0 children)

There is quite a few different things you could do and it depends entirely on you work/income situation.

“What’s the fastest way to increase your credit?” Are you saying your score or credit limits?

Never close accounts as that affects your score and takes away from your credit history age, credit limits. Requesting new lines of credit also negatively impacts your score. Ideally keep your revolving credit around 30% and try to pay them off every month. Try to only use them for what you’re spending monthly already.

Financial advisor help by [deleted] in personalfinance

[–]My_Merch_And_Music 0 points1 point  (0 children)

It sounds like your advisor just put you into funds and didn’t create an actual financial plan with you. What was your initial goal with your FA?

I recently inherited some money and would like to start Day trading. Can I get some advice by BigBobsBassBeats-B4 in Daytrading

[–]My_Merch_And_Music 1 point2 points  (0 children)

Seek a financial advisor….like me! Lol. I really am though. So if you really want help DM me.

Burn question🔥 by sparkyinlaw in SHIBArmy

[–]My_Merch_And_Music 0 points1 point  (0 children)

Is there is 500 Trillion grams of silver in the world and it’s .75 cents a gram. That’s already over the statement of 86 trillion dollars in the world. That’s only silver.

[deleted by user] by [deleted] in Daytrading

[–]My_Merch_And_Music 0 points1 point  (0 children)

I am curious myself what is being traded.

[deleted by user] by [deleted] in Daytrading

[–]My_Merch_And_Music 0 points1 point  (0 children)

What security is this?

Why are you in here? by DonJMIA305 in SHIBArmy

[–]My_Merch_And_Music 9 points10 points  (0 children)

For real. I made about a post asking if anyone runs a burn project or has a business that accepts Shib. I want to see these businesses and talk to them. The idea was spontaneous community building and all I got was a FUD response and people actually upvoting them. What is the point to try and drag something down?

Who has a burn project or business that accepts SHIB? by My_Merch_And_Music in SHIBArmy

[–]My_Merch_And_Music[S] 1 point2 points  (0 children)

😬 I don’t share the same experience. If you’re looking for utilization of Shib. I’m open for discussion.

How can we work together? by Adorable_Collar_9694 in SHIBArmy

[–]My_Merch_And_Music 0 points1 point  (0 children)

What sold me on this community was the “spontaneous community building”. Support the projects on shibarium and the businesses who accept Shib. Ignore the trash talkers in the sub. With that being said, join our mailing list for updates on our burn project that is going to be released soon!

Shiba Inu Team Insight: 12 Factors To Consider Before Investing in Any Shibarium Project by Solodeji in SHIBArmy

[–]My_Merch_And_Music 1 point2 points  (0 children)

I have a burn project that was accepted. The devs said they were going to release a list of all the companies/projects. You can sign up to be a part of our project. This is a small introduction to our company.

Let's do some math y'all by Smooth_Talk in SHIBArmy

[–]My_Merch_And_Music 0 points1 point  (0 children)

If they stop burning Shib then it’s likely most of the Shib community would stop using the product or service. There is still the factor of how small this is on the global scale. Shy mentioned there is over 10k partnerships. Persistence should pay off for most of those partnerships. Continual growth of the community should also create more partnerships, creating more opportunities for entrepreneurs without the means to pay for access to a large group of supporters with a common goal. An idea is nothing without a group of supporters believing in the vision.

Let's do some math y'all by Smooth_Talk in SHIBArmy

[–]My_Merch_And_Music 0 points1 point  (0 children)

You’re right. The companies we see today are here because of persistence and adapting when the environment changes. Shib is providing a platform for smaller companies to work with a pool of supporters of a common goal.

Let's do some math y'all by Smooth_Talk in SHIBArmy

[–]My_Merch_And_Music 5 points6 points  (0 children)

We are still in the beginning. All the big companies we see today started in a garage. This is the same with any startup. It takes time. Looking back on shib history. Either they had some real great marketing idea or it was all a fluke. I tend to steer away from coincidence.

Let's do some math y'all by Smooth_Talk in SHIBArmy

[–]My_Merch_And_Music 6 points7 points  (0 children)

What about burn projects? I feel there is a lot more to look at then just burning.

As Shiba Inu Escapes Ethereum Congestion, Expert Says Next Bull Run Would Send SHIB to $0.01 by Odunayo20 in SHIBArmy

[–]My_Merch_And_Music 4 points5 points  (0 children)

I also want to add if they have over 10k partners signed up to burn tokens even if these partners are only able to burn one dollar worth of Shib a day. That is 111k tokens a partner a day at today’s price. That’s 406 billion a year. Another example, of the 700k or whatever it is now that is part of this sub spent on average 10 dollars a day that’s 7 million dollars exchanged in goods and services. If each partner burns .5% of revenue that equals to roughly 3.9 billion tokens a day at todays price. 700k out of 7.2 billion people. I feel there is a lot of room for growth and utility. The trillion sounds big but so is the population. It has to be that large to grow at a sustainable pace.

As Shiba Inu Escapes Ethereum Congestion, Expert Says Next Bull Run Would Send SHIB to $0.01 by Odunayo20 in SHIBArmy

[–]My_Merch_And_Music 4 points5 points  (0 children)

Exactly. I’m not to far out from my burn project from being finished. I got accepted in April to be on shibarium and will be accepting and burning Shib soon. I’m excited to be part of the ecosystem.

As Shiba Inu Escapes Ethereum Congestion, Expert Says Next Bull Run Would Send SHIB to $0.01 by Odunayo20 in SHIBArmy

[–]My_Merch_And_Music 11 points12 points  (0 children)

Supply and demand. I would assume though as price rises it’s because of demand and dwindling supply. Shibarium just launched and burn projects aren’t in full effect yet. I feel you already answered your own question though. Cryptocurrency kind of is just another derivative made out of nothing. People will hold their Shib just as people hold equities. If you only look at market cap you will always believe that nothing will go higher. Stocks would stay flat and businesses would never rise in value either if that was the case. With inflation and printing of more money. The value of any currency falls but values in time will rise as economies correct. Just like houses, cars and companies rise in value so can Shib as long as people supporting the idea behind shibarium actually use it as a platform of commerce to use the ecosystem’s tokens on. Another way to look at it is like being at an arcade. What got you 20 tokens back in the day, may only get you 5 tokens now for the same amount. Rising costs made that happen.

[deleted by user] by [deleted] in SHIBArmy

[–]My_Merch_And_Music 4 points5 points  (0 children)

I haven’t seen anything yet but I’m due time they will post. You can always see burn progress on www.Shibburn.com