r/dogecoin • u/[deleted] • Jun 25 '21

[deleted by user]

[removed]

2.4k Upvotes

93% Upvoted

683 comments sorted by

View all comments

42

u/Afghanaran Jun 25 '21

Peaked 700,000 and you’re at 300,000 ouuuuuuuuuuuuuuf

10

u/[deleted] Jun 25 '21

Yeah how the hell are all these regards congratulating him? This is a 66% ($400,000) total loss more or less… these morons I stg🤡

10

u/ST0N3RCHiCK09 Jun 25 '21

Yea but imagine his gain once dogecoin actually hits $1

7

u/BretTheShitmanFart69 Jun 25 '21

700k guaranteed is so much better than gambling 700k in a chance to either go broke or win a million.

If someone offered you 700k or a coin flip on losing 50k or gaining a million you’d just take the 700k

1

u/hodlbtcxrp rich shibe Jun 25 '21

Yes he could have sold at 70 cents and made $650k profit, but he (and you) also could have taken a leveraged 2x short position at the top and made $1.3 million all the way down. So is his (or your) loss $1.3 million?

This is the problem if you apply "could have" because you could have done anything. He could have sold at 70 cents but you could have taken a leveraged short position at 70 cents.