I'm shorting Doge from here boys.

[splishsplash]

Look at shiba bro. that shit went para-fucking-bolic man. fck shitcoins lol

the fomo is real

Sure, but again, that's hindsight.

You have to both predict them, get in early and get out before the dump. It's not easy. It's not possible for everyone to succeed with this. It's a zero sum game in shitcoins. There's no value. A few big guys win, the rest lose.

 

[JavascriptPufferfish]

so, you shorted doge? or decided not to?

 

[JavascriptPufferfish]

if you did, am i still invited to the pool party on your private island?

 

[Ashway]

Lol dude you just made a killing

 

[PinguSpy]

U short?

doge just got dump

 

[GusanoDelNapo]

Fck guys, i was too pussy to actually short doge. Would've made a killing shorting at 70c :/

 

[MisterF]

$0.479893
24 HOUR % CHANGE
-32.94%

 

[onlinemarketer12]

$0.479893
24 HOUR % CHANGE
-32.94%

Party has ended.

 

[JavascriptPufferfish]

Fck guys, i was too pussy to actually short doge. Would've made a killing shorting at 70c :/

don't sweat it too much. if elon had truly shilled it or announced a related project, not saying it would go to the moon because dumpers gonna dump, but it would have probably maintained price or gone up a little. when in doubt, stick to the guarantees (eth, btc, whatever you like).

 

[Ashway]

To be fair, elon did try to shill it but the whales won big time, more than 60% of doge is held by top 100 individuals they used and abused the hell out of this hype.

 

[Fakker]

To be fair, elon did try to shill it but the whales won big time, more than 60% of doge is held by top 100 individuals they used and abused the hell out of this hype.

I fail to see the principle of what actually happened.

Elon shilled this nonsense coin on Twitter.
He dragged his mom to the stage for shilling it even more.
Were whales waiting for that event to dump?

Why?
Wouldn’t it make more sense for them to ride the wave at least 3-4 days after the SNL and dump from there when the coin would have been over $1?

Am I totally missing the concept of dumping?

 

[Word Wizard]

I fail to see the principle of what actually happened.

Elon shilled this nonsense coin on Twitter.
He dragged his mom to the stage for shilling it even more.
Were whales waiting for that event to dump?

Why?
Wouldn’t it make more sense for them to ride the wave at least 3-4 days after the SNL and dump from there when the coin would have been over $1?

Am I totally missing the concept of dumping?

You're missing the concept of timing. It wasn't gonna go any higher. The wave was the lead-up to Elon's appearance. Everyone who was going to buy already bought in anticipation.

 

[CoderFromHell]

I fail to see the principle of what actually happened.

Elon shilled this nonsense coin on Twitter.
He dragged his mom to the stage for shilling it even more.
Were whales waiting for that event to dump?

Why?
Wouldn’t it make more sense for them to ride the wave at least 3-4 days after the SNL and dump from there when the coin would have been over $1?

Am I totally missing the concept of dumping?

Yes. Doge would only go downhill from after SNL. I sold at .36, had I knew Elon would do SNL, I would have waited

 

[bdman]

Elon tried his best and I think it was the best for pumping, he covered people sentiment.
Mothers day gift DOGE

 

[zionbar]

Can u actually short it? Where ?

 

[Fakker]

You're missing the concept of timing. It wasn't gonna go any higher. The wave was the lead-up to Elon's appearance. Everyone who was going to buy already bought in anticipation.

Thanks.

Best tattoo the word “Noob” on a leg o straight on my forehead?

 

[Deleted member 1333509]

DOGE could go back up again, and the fact that it got to $0.7 is fucking miraculous imo.

But there are millions of people who mindlessly bought in at $0.70/$0.65/$0.6 and just got raped and now have probably freaked out and panic sold.

Like I said, the growth of DOGE is genuinely incredibly impressive considering the lack of fundamental utility, but while tokens with underpinning value might take longer to build profit, they also have a tendency to retain it better as well. I doubt something like UNI will be shedding 35% in the space of 24 hours any time soon.

But then again, at $0.07 I was absolutely convinced DOGE would be heading back to $0.01 and below, and everything since then has made it clear that you can't underestimate the power of millions of peoples' collective greed. Would not be surprised if DOGE breaks $1 within days/weeks because why not if there are plebs to fuel it.

The power of the doge community is absolutely unique. Really is WSB 2.0.

 

[Ashway]

I fail to see the principle of what actually happened.

Elon shilled this nonsense coin on Twitter.
He dragged his mom to the stage for shilling it even more.
Were whales waiting for that event to dump?

Why?
Wouldn’t it make more sense for them to ride the wave at least 3-4 days after the SNL and dump from there when the coin would have been over $1?

Am I totally missing the concept of dumping?

Buy the rumour sell the news as simple as that.
Whales were 1 step ahead of the rest. people thought they will dump after elon will mention doge but sadly it didn't workout for them.

 

[thefourowls]

Doge will not go down from here guys, I can assure you that.

Don't forget that the whole world just got introduced to "the future" as Elon said on SNL.

This dump was more than expected, just rich people becoming richer.

 

[Deleted member 1333509]

Don't forget that the whole world just got introduced to "the future" as Elon said on SNL.

I know (and already mentioned) that Doge has performed insanely well. But I'm curious if your investment totally relying on the actions of a single person and outside of that, just hype, worries you or gives you reason to pause and think about that.

Like in the most literal sense, if Elon Musk died tomorrow Doge would probably hit the deck immediately. Is that concerning or not something you think about?