I'm shorting Doge from here boys.

Lol the whales happened... Advice don't panic sell... Keep holding and only take profit
 
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VSYNC said:
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?
Click to expand...

I try not to depend to much on Elon honestly. In the current state of doge I really think we don't need him to keep increasing in value.

He might speed things up, but we already have the numbers to get there by ourselves.
 
splishsplash said:
Shorting or buy doge at this stage is crazy.

Do you guys not understand how these markets work?

Money rolls into bitcoin.

Then eth starts to pump and bitcoin starts to level off and drop a bit

Next the top 10 coins pump.

Then money pours out of them and into the top 100.

Then profits pour out the top 100 and into the top 1000.

The cycle repeats throughout the bull cycle.

Now is the time to be buying top 100 and top 1000 coins. Not doge, lol. It's already pumped. It'll probably go to $1, but do you really want to make 30-40% returns with a high risk of missing the peak when you can make 3-10x in the top 100/top 1000's now?

And shorting a coin that has celebs behind it while the majority of the public thinks it's a great coin is wild.

I got into doge at $0.05. Now is not the time to get into it.

I've already taken my doge profits and put them into top 100 coins, some of which have 2x'd already in the past week.

Stop following the masses, guys. Learn how the markets move and make your moves BEFORE everyone else.
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You say that the time now is to buy the top 100/1000 coins because money from the top 10coins is pouring in .
You bought your doge at 0.05 (before april) which means you bought them when doge was not or barely a top 100 coin. So visibly the money didn't poor in the way you said it did.

Truth is that he whole market capitalisation keeps growing until now 2,4Trilllion$. It lifts all coins and some just see exponential grown because of specilative investment, marketing strategies, genuine technical upgrades and so on :)
I wouldn't say there are easy rules to follow. This market is wild :)

Even sense doesn't make sense, a perfect example of that is ..... Doge​
 
GusanoDelNapo said:
I pussied out mate. I wanted to short at 70c but pussied out lol.

Would've made quite a few hundred k at 20x lol
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It's ok. It was really high risk anyway.

Congrats for being honest. Crypto twitter influencers would've pussied out too but they'd have lied in public.
 
bartosimpsonio said:
It's ok. It was really high risk anyway.

Congrats for being honest. Crypto twitter influencers would've pussied out too but they'd have lied in public.
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I closed the short really early. I could've probably taken a hit at 70c, then profit back at 40c, but man these markets are reckless lol.

Also, im seriously thinking of opening a long with $1k and see what happens
 
instagus said:
​
You say that the time now is to buy the top 100/1000 coins because money from the top 10coins is pouring in .​
You bought your doge at 0.05 (before april) which means you bought them when doge was not or barely a top 100 coin. So visibly the money didn't poor in the way you said it did.​
​
Truth is that he whole market capitalisation keeps growing until now 2,4Trilllion$. It lifts all coins and some just see exponential grown because of specilative investment, marketing strategies, genuine technical upgrades and so on :)​
I wouldn't say there are easy rules to follow. This market is wild :)​
​
Even sense doesn't make sense, a perfect example of that is ..... Doge​
Click to expand...

Don't take my advice then. Simple :-)

I'll keep doing what I'm doing and making good returns though.
 
instagus said:
We all make good returns during this period :)
Click to expand...

Not at all. Most people lose during the bull run.

In 2017 the vast majority missed the top and lost a lot. The few that got in REALLY early did well.

Just because you've got some profit on paper doesn't mean you're going to get it all out before the end of the bull run. It's not as easy as you think. This is why I move between coins. I take my profits when things are slowing down and move into other areas that are unpumped and keep taking profits rather than just trying to hold one thing long term and get out before it crashes. They will ALL crash. *ALL* including bitcoin. This is not the beginning of the supercycle. Bitcoin will go back down to $30k max.
 
splishsplash said:
Not at all. Most people lose during the bull run.

In 2017 the vast majority missed the top and lost a lot. The few that got in REALLY early did well.

Just because you've got some profit on paper doesn't mean you're going to get it all out before the end of the bull run. It's not as easy as you think. This is why I move between coins. I take my profits when things are slowing down and move into other areas that are unpumped and keep taking profits rather than just trying to hold one thing long term and get out before it crashes. They will ALL crash. *ALL* including bitcoin. This is not the beginning of the supercycle. Bitcoin will go back down to $30k max.
Click to expand...

Yup :)
 
zionbar said:
Got in and u should start a new thread
This will skyrocket soon
Click to expand...

Why will it skyrocket?

I can see the value in Bitcoin, AVAX and others (contracts, fast, and so on) but as for dog coins and shit I think they're pretty much tulips.

Why would these dog coins skyrocket unless for a tulip effect?
 
alurosu said:
Ballsy. Elon Musk will promote this on national television Saturday. He has a show on SNL

I love it tho, good luck!
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Worked out really well... bwhaha people are stupid to just rely on Elon. I bought a bunch of Shiba Token, more potential and nr23 on coinmarketcap within months. Also today Binance is selling SHIB too :)

menomoreira said:
I try not to depend to much on Elon honestly. In the current state of doge I really think we don't need him to keep increasing in value.
Click to expand...
Imo his involvement got people get fucked.
 
splishsplash said:
Not at all. Most people lose during the bull run.

In 2017 the vast majority missed the top and lost a lot. The few that got in REALLY early did well.

Just because you've got some profit on paper doesn't mean you're going to get it all out before the end of the bull run. It's not as easy as you think. This is why I move between coins. I take my profits when things are slowing down and move into other areas that are unpumped and keep taking profits rather than just trying to hold one thing long term and get out before it crashes. They will ALL crash. *ALL* including bitcoin. This is not the beginning of the supercycle. Bitcoin will go back down to $30k max.
Click to expand...

@splishsplash is right. I was around for 2017. All of you guys who weren't in early are going to get fucking rugged VERY soon. Smart investors look at patterns in human behavior and hedge their losses. The more crypto goes viral the bigger the the crash. You can expect a nice 80-90% dip in the coming months, weeks, or even days.

Big money finished wringing out retail from the market and is moving back into stocks. So if I had to guess, you have days or weeks.

Your FOMO will always break the bank. Stay emotionless or go broke.
 
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