The DOGE bull run is done, the bag holders will wake up with another 20% loss day after day after day... It's time to sell people or lose it al... Nice short entry right here. Funding rates are high which means the more downside is coming... No, DOGE will not replace the dollar and can't see why anyone wants to accept a coin that inflates daily... Anyways, away she goes.
IMPORTANT: this is not financial advice trade or invest based on your own risk and research.
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Elon tweets again... trade hit my stop in profit. Hard to navigate a Market if some billionaire tweets left and right and the sheeple are following him as if he was god. Again nothing against Elon or Doge but the market is a jojo now, no one can trade a market that acts randomly according to one man's tweets. Anyways, still a bit of profit but not touching DOGE anymore... Good luck DOGE hodlers!
I hope this shitcoin will die and the rest will follow, Shiba etc. Meme coins gathering this much of Mcap is speculation at its finest. Sure I was able to earn from it but it's not good for crypto at all.
cryptobullethbtcxlm
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@SacuGaming, exactly it makes crypto a joke and a reason for govs to regulate it...
ScottyDOESknow
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@cryptobullethbtcxlm as if the crypto market in general hasn't given the gov't reason to regulate it for years now. Lol BTC billionaires paying off gov't officials is the only reason it hasn't happened yet, but yes go ahead and blame Doge but you know they are not to blame for regulation that may or may not be coming. You're just mad because Doge has disrupted the market and won't accept the status quo and has a huge following. Get ready to stay mad!! ;-)
cryptobullethbtcxlm
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@ScottyDOESknow, im not mad at all, im fine with doge.. its quite funny but its bad for the image of crypto and if you think doge will ever be widely adopted, be ready to get rekt...
ScottyDOESknow
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@cryptobullethbtcxlm hope you’re ready to admit you’re wrong when the time comes. You’ll be eating your words there pretty soon. It’s already on the way to being widely adopted. It’s no joke any more. What coin do you think Tesla will accept soon now that they’ve denounced BTC? I think you already know the answer to that. It’s the perfect setup if you ask me.
cryptobullethbtcxlm
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@ScottyDOESknow, a "tech organization" with zero development with a currency prone to heavy inflation, manipulation and hacks being worth over 50 billion. Yes its a recipe for hype, not success. I do will point out that the inflationary model makes it attractive for spending.
ScottyDOESknow
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@cryptobullethbtcxlm and I disagree obviously that Doge is bad for the crypto image. As a matter of fact I think it’s all good because it gives the smaller investors something to get behind and an entry point into the space as well as large investors to make a killing.
cryptobullethbtcxlm
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@ScottyDOESknow, when you think a "cheap" coin is "better" for smaller investors, you dont understand how it works... do you know how cheap one sat is?
cryptobullethbtcxlm
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@ScottyDOESknow, wait a minute, you did just give me an idea... thank you and good luck to you mate its totally ok to disagree with me, you should always invest based on your own research as I always say... happy trading!
ScottyDOESknow
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@cryptobullethbtcxlm@cryptobullethbtcxlm, statements like "zero development", "heavy inflation, manipulation and hacks" tell me you really don't know a whole lot about Dogecoin. There is active development ongoing as we speak. The last major update was in Feb. The Rosetta API is just about done so it can be listed on Coinbase. The next major update should be coming soon as well. Did you know that in 2019 Dogecoin was ranked 3rd behind BTC as far as resistance to 51% attacks and double spending?? With updates since then it's probably even better. Did you know the current inflation is less than 4%? I would say that's really not that much considering the USD can, has and will be more than that at any given point in time. Every year that percentage goes down which makes it disinflationary not inflationary. As far as manipulation goes...Doesn't EVERY single major crypto deal with manipulation? You say that as if that's a new concept.