$ (DOGE) Dogecoin - wow

[Hollywood Hulk Hogan]

Down to 17 cents. Buying a meme coin with all of your money thinking you'd get rich is seriously one of the most retarded things you could do

 

[Kosher Dill]

I am sorry, but anyone who didn't sell doge at the time it went to the moon thanks to Elon deserves to lose their money. You have to be pretty retarded to think it would be a good longtime investment.

I think a lot of these people forgot that you're only supposed to pretend to be a fanatic to lure in the next generation of bag-holders.

 

[An Avenging Bird]

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Like the dogecoin millionaire? I think he would be a prime example of why it's not bad taking profits once in a while. At least in highly speculative meme projects. If he would at least taken out his initial investment this wouldn't be as tragic to watch. There is nothing wrong with dollar cost average and hodling, but when you fomo your whole capital, and even borrow on top of that. It's implied that it's a highly speculative gamble, and not some saving money for the future strategy.

Even swing trading, while never guaranteed to hit the absolute top or bottom, is preferable to just holding and watching unrealized gains evaporate.

People take the hodl shit far too literally.

 

[User names must be unique]

People take the hodl shit far too literally.

I don't know how accurate these stats are but if they're even halfway accurate it blows my fucking mind

$1 was a very optimistic but perhaps achievable looking goal back in May but I can't fathom sitting on a coin that's up however many thousand percent praying for an extra 40%.

 

[Max Doof]

Down to 17 cents. Buying a meme coin with all of your money thinking you'd get rich is seriously one of the most retarded things you could do

I believe the rule of thumb generally is is that the minute you hear it outside your niche circles you better start selling.

 

[albert chan]

Judging from the title of this video, this almost looks like something YellowFlash would make. Also, when I search up dogecoin online, I keep seeing results like this:



Judging from the profit markets, it seems risky. Has this happened to anyone you know yet?

 

[mindlessobserver]

Even swing trading, while never guaranteed to hit the absolute top or bottom, is preferable to just holding and watching unrealized gains evaporate.

People take the hodl shit far too literally.

I sold half my Ethereum stack at 4,000 and bought a house. At the end of the day the point of of this is obtaining the things we want/need. Gains are meaningless unless they are realized.

 

[No One of Note]

I have a friend who put his life savings into Dogecoin at 10-13 cents , and at its peak around 76 cents, I told him to sell it but he didn't listen, choosing to believe Reddit/Elon hype.
He would have had enough to get through college had he sold, which was his original goal anyway. Has been really quiet about Doge these last few weeks.

Interestingly, I still know some associates who missed on the hype still looking to get rich quick by watching Dogecoin dips like hawks.

 

[mindlessobserver]

I have a friend who put his life savings into Dogecoin at 10-13 cents , and at its peak around 76 cents, I told him to sell it but he didn't listen, choosing to believe Reddit/Elon hype.
He would have had enough to get through college had he sold, which was his original goal anyway. Has been really quiet about Doge these last few weeks.

Interestingly, I still know some associates who missed on the hype still looking to get rich quick by watching Dogecoin dips like hawks.

If it drops below 10 cents I may buy just for the meme potential

 

[No One of Note]

lmao

 

[Justtocheck]

I have a friend who put his life savings into Dogecoin at 10-13 cents , and at its peak around 76 cents, I told him to sell it but he didn't listen, choosing to believe Reddit/Elon hype.
He would have had enough to get through college had he sold, which was his original goal anyway. Has been really quiet about Doge these last few weeks.

Interestingly, I still know some associates who missed on the hype still looking to get rich quick by watching Dogecoin dips like hawks.

Putting your life savings in a meme coin or not getting out with a seven time profit margin. I don't know if the former or the latter is worse.

 

[HOMO FOR LIFE]

""

Wow I am working McDonald for life.

 

[Love Thug's Hate]

Looks like i've turned this thread from a dogecoin discussion into making fun of it's cult-like following
LOL

 

[MrSazabi]

Sometimes i feel sad because i bought at 0.05 and didn't sell at 0.7 because i followed all the retarded redditors and /biz/ thinking that it will go up to 1$ and now the doge has been euthanized and lying dead on 0.2, but i remember the absolute fucking morons that put actual life savings and college funds onto it and got financially ruined from "the Doge Stocks"

God I'm glad I sold at .6. 15k on a meme is better than just a dream. Never put real money in meme coins people only a percentage of profits.

 

[Alex Krycek]

I made a little over double what I put into it. I bought when it was low and sold when it was almost at its peak. On the other hand I had a buddy who lost money on it expecting it to hit a dollar or more. That’s the thing about penny stocks though, you don’t keep them for long. You flip them ASAP, not even expecting it to be a long term investment.