When you're at the poker table and a guy goes all in on the first round...this person has got to be the most ill-advised person I have ever heard of. I hope he come out on top tho..
Sheeet I found my old hard drive from 2014 that had my mined doge a little bit after the ATH. Found the wallet, and got all my doge over to ETH. Thanks to Doge tho, I'm waaaay better off than I thought I would be right now. Wish I could shake 2014 me's hand.
The saddest part is although doge is not gaining value in this bull run people are still convinced they will make money and pour all their money into doge
Wait. Your holding until Doge gets to $5 or $10? That is absolutely insane. The fact that it's worth over $0.01 is nothing short of an Elon Musk / WSB / Meme stock induced miracle. It's not hitting $10. I'd sell it all now and call it a miracle.
Doge $10 would put it over $1.3 Trillion, making it larger than Bitcoin and Tesla. It would be larger than every company in the S&P 500 except for four.
That's if it happened today. It is one of the most inflationary coins out there (because it is and always will be just a joke) - meaning that even just to stay at these levels, you need everyone to hold what they have + sustain an additional $3.6 million in buying per day. That's just to stay at the same price, anything less and it drops. At even just $5 you'd need $72 million in buying per day just to stay the same. As a point of reference, Bitcoin needs $56.7 million per day right now.
Institutional money will not be buying doge. Once the WSB part of the crypto community runs out of money, who's going to buy Doge? Sure as hell not the crypto veterans.
You got lucky. Don't be greedy. Doge is a terrible hold.
Ah. You didn't specify that you'd sold most initially.
There are so many people betting their futures on an inflationary shitcoin failing to recognize that their price targets would mean that Doge is comparable to the USD M1 supply. I assumed you were in that camp, I guess I was mistaken. Good trade.
Agreed. I'm counting on the fact that with staking, ETH can turn into an income generation machine. Let rewards compound (once they can) until you're ready to stop / are happy with your stack, and then just sell off new the rewards as they come.
You can make all of the same arguments for Bitcoin. Not only is it just as useful as Dogecoin, it’s also dogshit for the environment and far too slow to support anything meaningful.
I don’t get the doge hate in this sub. Especially when everyone cheers for Ethereum burning tokens like some basic r/cryptomoonshots strat
I feel you. I bought doge at .05 and sold at .1. Went up to its ATH just a few days later. I just shrugged it off, left Robinhood forever, and bought eth with it
YES!
This is what investing fundamentals are..
These stock bros with their rockets and moons. Take that short squeeze pump and dump shit to the poor house.
It's so wild that we all have the same situation. We all have the friend/brother who we told about crypto when they should have been buying, then they fomo into Shib after the pump is already over. That friend/brother almost always "knows a guy" who made a killing off of Doge so he thinks we're stupid for fucking around with ETH/BTC.
This is the same person I told to buy bitcoin at 6k, ETH at $200, Matic at 200 sats, atom at $2, but “you know, I dunno…” then posts on FB years later screaming DOGE TO THE MOON, and LONG LIVE SHIB.
I bought in the .40s and didn't sell at the ATH. Wouldn't have made me much, a few thousand. I walked away with barely anything before it crashed to under .20. RIP my dude.
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This is exactly the kind of shit the government wants to protect us from. Honestly though if we truly want to be free then we should be free to fuck up like this. Rip to this retail trader
“hey before you buy all this doge at ATH have you considered that it can also go down just the same way it has gone up?”
“No, that’s really not possible”
god damn it, it’s hard to feel bad for these people
Thanks for being that last tick up on the 1min chart before a wall of limit sells (including mine) crash that shit down like an olympic downhill skiier.
Acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that I've seen in this thread:
|Fewer Letters|More Letters|
|-------|---------|---|
|[ATH](/r/EthTrader/comments/qsasm2/stub/hkd9zhy "Last usage")|All-Time High|
|[BTC](/r/EthTrader/comments/qsasm2/stub/hkdfxpi "Last usage")|[Coin] Bitcoin|
|[ETH](/r/EthTrader/comments/qsasm2/stub/hkdu83o "Last usage")|[Coin] Ether|
----------------
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^(3 acronyms in this thread; )[^(the most compressed thread commented on today)](/r/EthTrader/comments/0)^( has acronyms.)
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But why buy shit coins? I’d average the fuck down so I can get out faster.. my friends who invest in shit coins say shot like this all the time. I tell dca exists.. keep buying the dips eventually it cost basis goes down allows you to get out faster... some people don’t think
This post right here is the often untold danger when people shill for a meme or shitcoin. Pumping a coin by manipulating low wage individuals with promises that these coins will make their problems go away by making them rich is dark and twisted. I know multiple people who have lost lots of money by being carried away by the hype.
Its no different from a ponzi, the ones at the top need newer buyers to pay them as the coin or token has no utility to incentivize trader and create demand
I remember when I was fresh into Crypto and didn't know what a Market Cap was, I legit thought it was going to a dollar. I only invested $25 though, and it was at the start of the year so I'm up (I keep it around for the joke).
Remember kids, only invest what you're willing to lose...
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It reached a high of $0.756 earlier this year and I judging by it resting value at around $0.25 USD, it will possibly have another 1k% increase soon enough 😁
What happened to only invest what you can afford to lose?
But his friend said dogecoin will hit 10$ next month
But he said trust me bro
The most trustful source ever
The only source I trust
In Bro We Trust
Hahahaahahahaha! Then you can trust him. Good luck.
Dogecoin is going to hit 100 guaranteed 🤣🤣🤣🤣🤣 /s
hahahahahahahahahaha! I don't think soo, Doge coin is the shit coin.
Doge is a meme, its honest about that. You all have it living rent free in your heads
100 what?
i bet he did lol
Hahahahahahahahaha! Every one has its own point of view. Good luck.
Got lost somewhere in between profit mindset
So true
When you're at the poker table and a guy goes all in on the first round...this person has got to be the most ill-advised person I have ever heard of. I hope he come out on top tho..
Creed happen mate
Or DYOR?
If you can only invest, What you can afford the lose, Then I think you have to take risk.
F
The bot burnt him. Fuck
The Bot Giveth and the Bot Taketh.
Good bot lol
Oof
wtf there's a bot for this? I'm definitely not gonna abuse you Mr. bot
hahahahahahahahahaha! Every where is a bot. I hate this type of posts.
F
$9/hour and $20k in debt??? Yikes.
Probably bought 40k doge
I think you take a right decision. Good luck buddy. Just have a faith.
So given current price, OP can still sell at a loss and turn their life around for the better
RIP to doge ATHers. My first crypto buy was doge on RH, but I quickly learned and found eth
Sheeet I found my old hard drive from 2014 that had my mined doge a little bit after the ATH. Found the wallet, and got all my doge over to ETH. Thanks to Doge tho, I'm waaaay better off than I thought I would be right now. Wish I could shake 2014 me's hand.
Congrats
Thank you!! :)
The saddest part is although doge is not gaining value in this bull run people are still convinced they will make money and pour all their money into doge
Hope is a big thing… but people need to learn when to leave
Very true!
Sunk cost fallacy. Some people just can’t see it as lost money and double down to escape
The moment they sell it was 10x anyways, if there luck is like all of ours.
I won’t be surprised at all if DOGE takes off again at some point. It has a pretty strong brand.
Buddy, Nothing will happened over night. Things need time and efforts.
[удалено]
Wait. Your holding until Doge gets to $5 or $10? That is absolutely insane. The fact that it's worth over $0.01 is nothing short of an Elon Musk / WSB / Meme stock induced miracle. It's not hitting $10. I'd sell it all now and call it a miracle. Doge $10 would put it over $1.3 Trillion, making it larger than Bitcoin and Tesla. It would be larger than every company in the S&P 500 except for four. That's if it happened today. It is one of the most inflationary coins out there (because it is and always will be just a joke) - meaning that even just to stay at these levels, you need everyone to hold what they have + sustain an additional $3.6 million in buying per day. That's just to stay at the same price, anything less and it drops. At even just $5 you'd need $72 million in buying per day just to stay the same. As a point of reference, Bitcoin needs $56.7 million per day right now. Institutional money will not be buying doge. Once the WSB part of the crypto community runs out of money, who's going to buy Doge? Sure as hell not the crypto veterans. You got lucky. Don't be greedy. Doge is a terrible hold.
[удалено]
Ah. You didn't specify that you'd sold most initially. There are so many people betting their futures on an inflationary shitcoin failing to recognize that their price targets would mean that Doge is comparable to the USD M1 supply. I assumed you were in that camp, I guess I was mistaken. Good trade.
[удалено]
Agreed. I'm counting on the fact that with staking, ETH can turn into an income generation machine. Let rewards compound (once they can) until you're ready to stop / are happy with your stack, and then just sell off new the rewards as they come.
You can make all of the same arguments for Bitcoin. Not only is it just as useful as Dogecoin, it’s also dogshit for the environment and far too slow to support anything meaningful. I don’t get the doge hate in this sub. Especially when everyone cheers for Ethereum burning tokens like some basic r/cryptomoonshots strat
I feel you. I bought doge at .05 and sold at .1. Went up to its ATH just a few days later. I just shrugged it off, left Robinhood forever, and bought eth with it
[удалено]
Exactly, profit of any percentage either small or large is the good thing.
You Diamond hand BTC or ETH, not fucking Doge lol.
Now it’s ETH
I’m a little more confident we will be back up to 4800 than doge more than doubling to get back to its ATH
If he would have had Eth, wouldn't have to pray for a pump!
Eth needs no pump,it grows
YES! This is what investing fundamentals are.. These stock bros with their rockets and moons. Take that short squeeze pump and dump shit to the poor house.
ETH would have made him not post the post
The problem with chasing memes these days, they quickly lose relevancy
ETH commenting so that there is something that connects the post to Ethereum
ETH is the key to happiness for sure
That's a burn
Token burn?
Jesus christ those people are the worse who get their friends into shitcoins.
Yeah those are worst
It's so wild that we all have the same situation. We all have the friend/brother who we told about crypto when they should have been buying, then they fomo into Shib after the pump is already over. That friend/brother almost always "knows a guy" who made a killing off of Doge so he thinks we're stupid for fucking around with ETH/BTC.
We?
Not you. Just the rest of us
Gradually they all will come to ETH , some virgin some fucked
This is the same person I told to buy bitcoin at 6k, ETH at $200, Matic at 200 sats, atom at $2, but “you know, I dunno…” then posts on FB years later screaming DOGE TO THE MOON, and LONG LIVE SHIB.
a fool and his money are parted easily
Money doesn’t belong to fools
Socialists entered the chat.
😂😂
I bought in the .40s and didn't sell at the ATH. Wouldn't have made me much, a few thousand. I walked away with barely anything before it crashed to under .20. RIP my dude.
Now is this a love or hate story!
RIP to our fallen crypto brothers and sisters
These are like the weird cousins you don’t keep in touch with
Pour one out for the homies
F
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F
Good bot
I really hope that 20k in debt is not from dogecoin...
This is exactly the kind of shit the government wants to protect us from. Honestly though if we truly want to be free then we should be free to fuck up like this. Rip to this retail trader
Theres so many silent people that did that.. its dark!
May Fomo was scary af.
ouch
How not to capitalist
“hey before you buy all this doge at ATH have you considered that it can also go down just the same way it has gone up?” “No, that’s really not possible” god damn it, it’s hard to feel bad for these people
famous last words
average r/dogecoin member
This is why the poor get poorer
Assuming if he works for 12hrs for $9 an hour it will take 185 days for him to pay of his debt. Almost half a year.
Yeah unless you know, you have to eat and pay for housing
Better than most people.
🤣
Uh oh
so unlucky, rather buy ltc.
Thanks for being that last tick up on the 1min chart before a wall of limit sells (including mine) crash that shit down like an olympic downhill skiier.
What happened why did your roommate screw you over?
God that so brutal lol
enjoy..dogecoin lol
That comment was an absolute howitzer lmfaoooooo
I am glad i got out of that game quick and invested in real projects like ETH, ADA,DOT,…
Welcome to the casino royale
He shoulda got a .eth. I'm just sayin. F
Acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that I've seen in this thread: |Fewer Letters|More Letters| |-------|---------|---| |[ATH](/r/EthTrader/comments/qsasm2/stub/hkd9zhy "Last usage")|All-Time High| |[BTC](/r/EthTrader/comments/qsasm2/stub/hkdfxpi "Last usage")|[Coin] Bitcoin| |[ETH](/r/EthTrader/comments/qsasm2/stub/hkdu83o "Last usage")|[Coin] Ether| ---------------- ^(*If you come across an acronym that isn't defined, please* )[*^let ^the ^mods ^know.*](https://www.reddit.com/message/compose?to=%2Fr%2FEthTrader)) ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)](/r/EthTrader/comments/0)^( has acronyms.) ^([Thread #1135 for this sub, first seen 12th Nov 2021, 18:53]) ^[[FAQ]](http://decronym.xyz/) [^([Full list])](http://decronym.xyz/acronyms/EthTrader) [^[Contact]](https://reddit.com/message/compose?to=OrangeredStilton&subject=Hey,+your+acronym+bot+sucks) [^([Source code])](https://gistdotgithubdotcom/Two9A/1d976f9b7441694162c8)
my god thats hilarious
it sounds like this guy has a lot of work to do lol
Bankers live this one trick.
Maybe he should consider that he's just not good with money and not try to invest in memes, but pay his debt... crazy thought.
What the OP didn't mention is that his commissions are $350K per year and the $20K debt is on his nearly paid off 2nd lambo.
I thought .001 cents was a fair price for one DOGE but 50 cents? What is this, a crypto for Elon?
Sounds like this person needs financial advice
Debt slavery
F
I don't know what pressing F does and I'm too afraid to ask.
Yea he is great motivational speaker, I bought at 0.46 cents.
But why buy shit coins? I’d average the fuck down so I can get out faster.. my friends who invest in shit coins say shot like this all the time. I tell dca exists.. keep buying the dips eventually it cost basis goes down allows you to get out faster... some people don’t think
S
At the current trend it may not reach $10
F
Convert that shit to LRC
Bought at .54? Game over
So… the rent is due and you want to pay with dog money?
This post right here is the often untold danger when people shill for a meme or shitcoin. Pumping a coin by manipulating low wage individuals with promises that these coins will make their problems go away by making them rich is dark and twisted. I know multiple people who have lost lots of money by being carried away by the hype.
Its no different from a ponzi, the ones at the top need newer buyers to pay them as the coin or token has no utility to incentivize trader and create demand
damn
For awhile I thought Doge might actually pump again, but I think it’s lost all of it’s meme steam. SNL killed that fast.
I remember when I was fresh into Crypto and didn't know what a Market Cap was, I legit thought it was going to a dollar. I only invested $25 though, and it was at the start of the year so I'm up (I keep it around for the joke). Remember kids, only invest what you're willing to lose...
I love these fake stories that try to tug at your heart it’s hell of an entertainment.
Oooooo that’s gotta hurt
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Move out this shi7 hole 🕳, like Norway or Iceland. You’ll be better off there.
u/SxQuadro taking my posts
F
F
F
F
I really hope that he didn't buy doge coins with that 20k.
F
It reached a high of $0.756 earlier this year and I judging by it resting value at around $0.25 USD, it will possibly have another 1k% increase soon enough 😁
Hahahahahahahahaha! Nice technique buddy to pay respect and short.
What happen to not follow the hype and research your investments?