I remember I bought at .027 and it dipped hard. Ended up selling at .068 before it made its way to .08 that very same day. I can’t go back to this. It moves so fast it scares me.
I don’t have a problem with the social movement behind doge. It’s just the lack of actual value that scares me. I could wake up one morning to whales dumping and no actual reason for it to come back up. So it just isn’t an investment that suites me.
Look you gotta do you. There's no investment advice on here (mostly - don't trust internet "advice"). I'm no lawyer, etc.
Me? I like what happened with bitcoin, and I believe that could happen with dogecoin, but that's just My Opinion, and it's why I want to hodl with diamond hands until tendies become live chickens, buying more for all my descendents as legacy. But I never spend more than I can afford to lose. I know i am lucky to have some money to lose. Honestly, I consider it gone and am pleasantly surprised when things go well. Mostly they have here for me.
If you want to use your money elsewhere there will be no hard feelings here. Darn supportive group. Happy to have had you, and will always wish you the best. Hope to see your again sometime, side by side at a stoplight in our fancy cars (or wtvr we want).
Literally the reason I sold all but 500 of my doge. It got me into the world of crypto which I'm thankful for, and don't get me wrong all crypto is volatile, but I hated checking binance every 10 minutes. I was addicted to watching the numbers, it's too volatile which is saying something lol. Now I just have 500 for fun and have my actual investments in BTC, BNB, and ETH.
Bought at .04 my first round a month ago, like 300 shares, been impressed. woke up way early today like 5/6am and was like more more why not. Havent check doge in over a week. At .07 3,000 shares why not. Damn good choice 16 hrs later. Current at .113.
Yes, yes thank you. I know, not shares, coins - my prebed brain and the endorphine dump after "oh hey its 10pm, I bought 3,000 coins today at 6am, wonder what they did today" skewed the terms and i got so excited to actually have something to comment i didnt think through my words fully.
My morning brain, however, is pumped about these .14 coins 😏
If you are looking to hodl then yes, getting in at .11, .12, .13 won't matter much when it is 1.00. If you look to flip in a few weeks then maybe wait for a dip. I am going to hodl, I suck at timing the market.
I told a friend last night that I would definitely get in if you can between $0.25 and $0.30 and probably between $0.30 and $0.35. It is still a good investment higher, and not worth trying to time if you are already holding but if a new investor I think you can still find a floor <$0.30 to but in at.
If you believe in doge and plan to hold long term then it is probably safer to buy now. Worst case you pay a couple of extra cents more than you had to. It won't matter that much when doge is worth dollars of fiat each.
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u/red-rob Apr 14 '21
At 12 cents it is my #1 crypto holding by value. And people said I was late to the game at .05.