- 324d 17h 45m
They're buying it because Elon tweeted it, so...
Anyone with half a brain cell would buy before this "event", if they had faith in the herd. Surely people aren't this retarded.
Sort of. You just need to understand the base case, figure out an accumulation strategy, then DCA. If you want to trade then good luck. Crypto at this stage is largely a buy and hold asset. That requires some work up front.It seems like I would need to spend as much time studying and tracking crypto as I do studying the markets to be successful. And there aren't enough hours in the day.
Ok crypto bros, here's the question. I'm seeing a pattern pretty much identical to the last time doge jumped up to ridiculous heights: steady increase, lots of twitter blue check chatter, Elon tweet, planned buy time tonight, etc. This is almost certainly a pump in dump (imo).
Last time it jumped to .08 and kept bouncing back down again. Ultimately never made it past .08. It's starting from a higher spot now. So here are the options:
1. Set my sell limit at .08 and triple my investment and be happy (I'm fairly confident it will hit at least .08).
2. Sell half my coin at .08 and keep half in case it does go to the "moon"
3. Go balls deep on doge and hold all coins until that fucker the moon (around $1).
what makes you think it's going to hit .08? musk's tweet only got it to peak to .054 this time - I'd say you'd sell everything now and wait 24 hours for it to drop again then rebuy in if you really like playing with it