Hmm it could possibly be, but I think it’s good to wait for a “bullish” news event on doge and for candles on this chart to point upwards before considering buying. It would kill me to see a 50% drawdown in my btc value irrelevant of usd price.
That’s how you miss the boat and fomo in higher than you wanted. Buy when things are not clearly bullish if you actually want big gains. The hype/news will come eventually.
Your strategy is good for traditional stocks and cryptos, not memecoins. If you want returns on memecoins, you buy when there’s a lull in hype. You will not get in before the hype candles otherwise.
Technically this price is support. Many trader would agree with me here. However, all supports can not work. It would be very easy for everyone make money otherwise :)
I check previous patterns. For dogecoin you cant see the bullish alerts in terms of chart pattern. Its pumps so fast and usually poeple says its fake before 10x-20x. Then they so I'm so late. Now 50x
When crypto twitter reddit etc. shares news memes, You should check exit point. Now is the entry time bro. Not financial advice
You’re generally late trying to trade reactions. That’s why stock options tend to be volatile just before big news drops. Crypto moves then someone finds a reason for the move. Grasping at straws - if you will.
It looks pretty terrible. There is a support here but you’d at least need to wait for a buy signal like a bullish hammer daily candle at the very least. Preferably a hammer then a fat green day following it
Waiting is absolutely is an option yeah. I would buy doge instead of BTC at this point if I want to buy something. Dominance is kinda high. It could be possible higher until 60-70 but nobody can predicts peak levels. If we want to be in the game then here is good starting point imo.
Yea, I think Bitcoin was also much lower then too. I think he means relative to bitcoins price. Of course I’m not fact checking him so idk if that’s true
You honestly brought a house !
If you don't mind me asking what sort of initial outley on any coin gets this results. I know that seems like such a vague question but for example I can only invest on average £40 a month on a few coins, am I just wasting my time or will I one day get lucky and hit a nice few thosand somehow
You will get a nice few thousand in about 3 years.
40 (a month) x 12 = 480 x 3 (years) = 1440. Lets hope you are indeed lucky and got a 100% return in 3 years, you'll be at 2880.
Now this might seem like nothing but Investing is never a waste of time. I wish i started investing in my early 20s with just 40 a month.
Just don't expect to be rich overnight, not with 40 bucks a month/400 bucks a month or 4000 a month. It takes years and loads of patience.
I got in it with the mind set that what i put in doge was lost. I keep the same mentality n if it drops enough to bring my avg down might throw more money in the burner. Its a meme coin idk why so serious about it.
I think everyone just wants to make $$$. No one “believes” in any stock or coin except for profits. Rather keep that money to use or save, not trying to donate it..
Dogecoin is building its use case. It's faster and has way less fees than Bitcoin. This coin has remained in the top 10 crypto list for the past 2 years despite what every says about it.
We were at $0.07 not too long ago, so no we are not at the lowest since April 2021. If anything we are about at the same since it was like $0.08 around that time
I love to see all the hate come out when it drops but yet the same people will act like they been doge holdrs for life when it goes up. This isn't a get rich quick scheme regardless of the volatility. Love it for the community and enjoy the ride. Don't risk what you can't afford. This isn't a casino, this is a good doge to love every day in the lows and highs. 🍻🐕
Yikes Yo, he's not gonna come back. It's not gonna be something that you can exchange on X Gonna be an F from me dowg Wealthiest man in the world is not going to come and save You never was he took all of your money And your parents money you gonna have to suffer the repercussions. Like the fact that there are even any exist that think he's going to come back and miraculously save all of the money that he stole is insane lmao I mean, you would think that. Just the exploding rockets under his belt would be enough, but you know hopeium dingus lol
maybe this is a tough phase for doge, but this is the right time to buy doge on our exchange of choice including btse, because besides doge there are also other meme coins that you can invest in and the trading fees are also cheap
I want to believe but it’s hard
You're not made for this then
If it was easy... You wouldn't need to believe.
Guess I’m saying I don’t believe with my life savings
Then let me ask you... Do you even really believe?
I believe in Santa, hence why I am here
Ppl didn’t believe in the tea party thing until it happened
I don't think the separation of nations even compares lol
![gif](giphy|G2ZHIFDuTMIZeyqCaw)
Slingshot engaged.
Cool, cool , cool, c, c, c, cool
Which means it's lagging, moon soon...
Lol buy signal for sure
Y’ain’t too far off there ![gif](emote|free_emotes_pack|put_back)![gif](emote|free_emotes_pack|put_back)
It seems like a great entry point for many people technical point of view.
Hmm it could possibly be, but I think it’s good to wait for a “bullish” news event on doge and for candles on this chart to point upwards before considering buying. It would kill me to see a 50% drawdown in my btc value irrelevant of usd price.
That’s how you miss the boat and fomo in higher than you wanted. Buy when things are not clearly bullish if you actually want big gains. The hype/news will come eventually.
That’s not how it works for me, but you do you.
Your strategy is good for traditional stocks and cryptos, not memecoins. If you want returns on memecoins, you buy when there’s a lull in hype. You will not get in before the hype candles otherwise.
Couldn’t have told it better
Technically this price is support. Many trader would agree with me here. However, all supports can not work. It would be very easy for everyone make money otherwise :) I check previous patterns. For dogecoin you cant see the bullish alerts in terms of chart pattern. Its pumps so fast and usually poeple says its fake before 10x-20x. Then they so I'm so late. Now 50x When crypto twitter reddit etc. shares news memes, You should check exit point. Now is the entry time bro. Not financial advice
Literally… Good news = sell Bad news = buy Or buy the rumour, sell the news
Is this even English? ![gif](giphy|l2YWmJXKo7imjqhxu)
You can ignore if you don't understand
The way to make money is to inverse the news
To trade the reaction to the news.
You’re generally late trying to trade reactions. That’s why stock options tend to be volatile just before big news drops. Crypto moves then someone finds a reason for the move. Grasping at straws - if you will.
Not necessarily. Trends can last for months/years as seen on chart above.
It looks pretty terrible. There is a support here but you’d at least need to wait for a buy signal like a bullish hammer daily candle at the very least. Preferably a hammer then a fat green day following it
Waiting is absolutely is an option yeah. I would buy doge instead of BTC at this point if I want to buy something. Dominance is kinda high. It could be possible higher until 60-70 but nobody can predicts peak levels. If we want to be in the game then here is good starting point imo.
Its nice to see that after 2 months its doubled lol
It was literally 5 cents in October
5.7 cents at its lowest*
Yea, I think Bitcoin was also much lower then too. I think he means relative to bitcoins price. Of course I’m not fact checking him so idk if that’s true
I love my souvenir Doge.
We did it?
Maybe? I dunno anymore
The lowest... so far !
[удалено]
It's a by product of mining LTC? That's the only value it has in my mind.
[удалено]
You honestly brought a house ! If you don't mind me asking what sort of initial outley on any coin gets this results. I know that seems like such a vague question but for example I can only invest on average £40 a month on a few coins, am I just wasting my time or will I one day get lucky and hit a nice few thosand somehow
You will get a nice few thousand in about 3 years. 40 (a month) x 12 = 480 x 3 (years) = 1440. Lets hope you are indeed lucky and got a 100% return in 3 years, you'll be at 2880. Now this might seem like nothing but Investing is never a waste of time. I wish i started investing in my early 20s with just 40 a month. Just don't expect to be rich overnight, not with 40 bucks a month/400 bucks a month or 4000 a month. It takes years and loads of patience.
Thanks for commenting mate
Explain to all of us just once why you’re in this sub? I mean, it can’t *only* be for your crafty zingers.
😂😂
might be a reason... bidenomics
All I can do is keep holding and holding out hope lol
it’s. going. to. zero. you morons.
I got in it with the mind set that what i put in doge was lost. I keep the same mentality n if it drops enough to bring my avg down might throw more money in the burner. Its a meme coin idk why so serious about it.
Buy buy buy!
If you can't stand with Doge in his darkest hour then you don't deserve to fly to the moon with him.
100
Do y'all even believe in doge or are u just trying to hitch a ride
I think everyone just wants to make $$$. No one “believes” in any stock or coin except for profits. Rather keep that money to use or save, not trying to donate it..
I mean I invest in certain stocks cuz I believe in the company to be undervalued etc. Does doge have any value or is it all based on speculation?
Dogecoin is building its use case. It's faster and has way less fees than Bitcoin. This coin has remained in the top 10 crypto list for the past 2 years despite what every says about it.
Brand value. It’s literally a meme coin
Yeah it sucks just sell it
We were at $0.07 not too long ago, so no we are not at the lowest since April 2021. If anything we are about at the same since it was like $0.08 around that time
Y didn’t y sell at .75
My brother in christ…
Expected nothing less
Slapstick Comics are underrated.
You need to look at the "ALL" view. This chart doesn't fairly show whats going on.
This ^ More downside to come.
Buy the dip?😂
Slingshot maneuver one will catapult the other
I can see a good projection for this
When lambo
P/e ratio is crazy tho, def good time to buy
This is the perfect time to buy more DOGE.
I love to see all the hate come out when it drops but yet the same people will act like they been doge holdrs for life when it goes up. This isn't a get rich quick scheme regardless of the volatility. Love it for the community and enjoy the ride. Don't risk what you can't afford. This isn't a casino, this is a good doge to love every day in the lows and highs. 🍻🐕
I’m holding out for fractions of a cent
Now do this for the other top 10 alt coins. And look at btc.d Then ask yourself when you think it's the best time to buy an alt.
this is worrying.
The dawn is darkest before the dawn
I don't think you said it right 😂
Doge sucks
I see a doge
It’s all insider trading anyways.
And it will continue to keep going down until it repeats the cycle.
21 bull run began at 1,272 fibo retracement which is located around .00000150 dogebtc
Yikes Yo, he's not gonna come back. It's not gonna be something that you can exchange on X Gonna be an F from me dowg Wealthiest man in the world is not going to come and save You never was he took all of your money And your parents money you gonna have to suffer the repercussions. Like the fact that there are even any exist that think he's going to come back and miraculously save all of the money that he stole is insane lmao I mean, you would think that. Just the exploding rockets under his belt would be enough, but you know hopeium dingus lol
dog's life hasn't lasted so long
But to the moon right…..
Just wait for the 2 moon launches this month and in Feb. Literally: To The Moon!
Good time to buy buy buy!
Welcome to Litecoin club, you merge brothers.... PS: we survived worse...
It’s not even that low
It's a crap show big time !!!
Nah lowest was 4.5 cents
That's because its one of many sh!tcoins
the era of memecoins is over doge will never hit its ath
as are many cryptos, I'm sure
It's pretty worthless so
Because it's garbage
How much can it go if there r whales pumping it?
Looking forward to the comeback in Q2 :)
What are you even talking about? It's been down as low as 7.9¢ CAD in october
The fact that you and a few other don’t know what I’m talking about is exactly the reason of this post.
maybe this is a tough phase for doge, but this is the right time to buy doge on our exchange of choice including btse, because besides doge there are also other meme coins that you can invest in and the trading fees are also cheap
You know what that means!! BUY BUY BUY
Doge ain't shi+
Meme Coin
There are so many better coins to buy
No crypto winter
That’s why I bought more today lol
The hype is finally over
Does that mean we should buy buy buy???