Dogecoin

SocialManager said:

The whole purpose of the current Dogecoin pump is to reach $1.00. At that time, there will be a HUGE dump, because the goal is reached. Why would it reach $2? There is no goal of reaching $2. Who cares if it reaches $1? Millions of people. Who cares if it reaches $2? Nobody except the people who forgot to dump at $1.

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Well, tbh, I'm new to crypto trading, but how can people have a consensus on when they will dump and when they will pump? But thanks for bringing this to my attention, I think I Will dump at $1.

Oudman said:

Well, tbh, I'm new to crypto trading, but how can people have a consensus on when they will dump and when they will pump? But thanks for bringing this to my attention, I think I Will dump at $1.

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My strategy for dumping is: Dump when I will be happy with the profits. Hold behind an amount that I can accept going to $0, in case it goes to the moon.

So maybe consider dumping 75% of your holdings (for example) at $1, and hold 25% in case it keeps going up and up.

It can give you a little extra fun to watch the 25% go up, but can also make you sad because you sold early OR didn't dump the last 25%.

I have lots of coins worth $0.00000000000000000000 and I can never sell them now, but it is OK because I learned some things from them and had some fun.