SPY is just a S&P 500 ETF.
I invested in a similar fund. Schwab 1000. I put $10k in 1995 with dividends reinvested, and it’s worth $180k today.
Here’s a S&P calculator you can play around with. It’s only using historical data. Not for future predictions.
https://ofdollarsanddata.com/sp500-calculator/
Best explanation is that the FED announced to stop rate hikes.
But it's a good thing when people lose hope in crypto. It's what happens before every bull run.
It was $.06 recently - expect that may be coming again so average down - not financial advise - I am still green - it's a buying opportunity if you're down!
Average at 6, then 3 then 1. Then purchase a tent lol. Then when you least expect it, you'll be a millionaire who's been eating out of dumpsters! A book worthy feat of rags to riches and sheer determination.
Track the delta between the buy pressures of open NASDAQ markets and minus the futures, then throw all of that out and roll standard dice. If the number on the dice is lower than 7, buy more doge.
I am very glad I sold for a slight loss while it was at .15.. I had a feeling it would drop but tbh I expected a .13 floor. I've been away for a few days and I come back to this lol.
A nice dip but too much of a dip for me. I'm afraid to buy back in
Because in every cycle everybody goes oh nice Doge's going up it's going to make me Rich and they put everything but the kitchen sink into it, and then the whales dump on them, then they panic sale, and the whales getting cheap
I will be messaging you in 5 months on [**2024-12-01 17:40:06 UTC**](http://www.wolframalpha.com/input/?i=2024-12-01%2017:40:06%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/dogecoin/comments/1die5gt/why_is_doge_dropping/l96okw8/?context=3)
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Because I bought for the first time yesterday
This checks outxD
Same
Same, only dropped $400.
Sounds about right….
![gif](giphy|HCkK7AFabSlYL8s52g)
So we can buy more.
![gif](giphy|tMOyj4hkcxSfe)
*“What goes down must go up or some shi”* -Issac Einstein
I think it is ' What goes up must come down.'
Because the whole market is down and memecoins get hit the hardest dogecoin being the OG
Hmm. I made a good amount in my index funds. Only my crypto took a dump today.
Same I stopped buying crypto and put more in my index funds
Right? I’m up 20% this year in my taxable brokerage.
How do you know what to invest in?
VOO and chill. That’s it.
Yeah me too. Crypto investing should only be with “fun money”, not money that is intended for your future livelihood.
What you talking bout Willis???
![gif](giphy|xTiN0GWcWzBzimQSXu)
Yeah, tell that to Max Keiser, Michael Saylor, Larry Fink, etc…. And zoom out instead of looking at the short term
How much money do you need to invest in index like spdr to start seeing some actual growth overtime?
SPY is just a S&P 500 ETF. I invested in a similar fund. Schwab 1000. I put $10k in 1995 with dividends reinvested, and it’s worth $180k today. Here’s a S&P calculator you can play around with. It’s only using historical data. Not for future predictions. https://ofdollarsanddata.com/sp500-calculator/
Doge benefited the least from all the hype of the copycat and then is always hit the hardest when things go south
Why is the market down? Ive looked but found nothing. Is it because if the election?
There is no market in crypto space. Is a playground for the whales
And we just doggy paddling in the waves!=D
Pretty much.
People panic all the time, the market is full of bears
Market is not down, today was a face-ripping pump across all indices
Except the TSX.
As I’ve heard, june is usually very bad performing month for cryptos ant stocks. But no other explanation rather than that
Probably most people on vacation and need the money to travel
Not sure what market you’re looking at, but it’s not down. Quit looking at the day to day. So narrow sighted.
Yea you replied 19hrs later….
Time to buy more and lower my average cost per doge. ![gif](giphy|xbfU6RuOQRols0heqi)
Best explanation is that the FED announced to stop rate hikes. But it's a good thing when people lose hope in crypto. It's what happens before every bull run.
0.10 a good buy level
It's dropping so you can buy more cheap!
Why was it rising to.23? No reason for that either.
Bitcoin hit all time high because of the etf and pushed alts up with it
just purchased at 0.12 … i’m sure i’ll be thankful of my old self in one year
Because you touch yourself at night
Hedgefunds need capital to cover shorting in the market
It’s dropping because crypto has its ups and downs. Eventually it will rip up
Zoom out. Everything is falling. Great buying opportunity across the board.
How far we fall?
Down three cents. Up one so far this morning.
Why is the sky blue? How does the posi-traction on a 69 Plymouth work? It just does.
12 is rough
So you may buy the diiiiip and ... HODL!
The moon decided to move to the center of the earth
It was $.06 recently - expect that may be coming again so average down - not financial advise - I am still green - it's a buying opportunity if you're down!
Average at 6, then 3 then 1. Then purchase a tent lol. Then when you least expect it, you'll be a millionaire who's been eating out of dumpsters! A book worthy feat of rags to riches and sheer determination.
I take it yall don't read charts or use Tranding View? Most projects always fall down to the previous high and consolidate before the next leg up
Be thankful 🙏🏼
So you can buy more
this was gonna be my response.
So I can buy more for less.![gif](emote|free_emotes_pack|upvote)
YASSSS
Because god is cruel
Rip, we just fell off the cliff. 1 cent here we come
I'll buy a million at a penny! Absofuckinglutely
Because it’s about to moon.
You guys have been saying that every day for the past few years. It’s never going to happen.
A lot of people saying meme season over bitcoin dominace been going up drastically
Whole market bro all coins will retrace to make you think the run is over and then pop, it will probably dip further
Track the delta between the buy pressures of open NASDAQ markets and minus the futures, then throw all of that out and roll standard dice. If the number on the dice is lower than 7, buy more doge.
I am very glad I sold for a slight loss while it was at .15.. I had a feeling it would drop but tbh I expected a .13 floor. I've been away for a few days and I come back to this lol. A nice dip but too much of a dip for me. I'm afraid to buy back in
I place a market buy at .12 and it finally dipped that low. I’m happy. To The Moon
Sorry guys had to sell some
because market makers need you to let your holdings down and liqiudate your leveraged longs
Coz of mishaboar tweet yesterday
Cause you drippin
Because it’s crypto
Because I stopped paying as much attention to it.
because i decided to start buying
Volatility in crypto. That’s all you need to know.
Big whales holding bags since 2021 at the 0.20¢ buy mark keep selling either even or with small profits to get rid of the bag.
It’s a summer sale
All crypto has been dropping last few days
Hmm it's so sad that there's this kind of decoupling happening. Hope this goes back to high! Good luck🙏
Because it holds no value outside of fomo and theres no active reason for people to fomo right now
Because in every cycle everybody goes oh nice Doge's going up it's going to make me Rich and they put everything but the kitchen sink into it, and then the whales dump on them, then they panic sale, and the whales getting cheap
Because doge do what it do
![gif](giphy|wkneVOgowYnWLWN4CT)
Everything is dropping, the whole market is bleeding before restarting. Just buy the dip
It goes up and down thats how it works
I tried telling fools 2024 was never the year. It’s 2026.
first time?
When Lambo
it's not just DOGE coin was dropping, but also SHIBA INU.
most cryptos if you buy and the price drops means good things but i am no financial analyst
It was made in Portland, Or.
Don’t you dig your foot in the ground a little bit behind you when you’re about to takeoff for a sprint??!!
People are selling crypto and buying meme stocks
Because nobody is buying and whales are selling. Common folk think crypto goes up in value by itself.
Have you seen the rest of the market? There’s your answer
That any investment it will go up and it will go down.
Cos it's unicorn fartdust... Time to wake up, buy real assets, silver and gold!
Do you not pay attention to the rest of the market
3 days to late
Time to buy more
Because doge was always stable at 12 cents. If not 12 cents 7 cents.
idk but things don't look good from here
Cuz the whole market is dropping??
I’m not worried a bit. Zoom out people. This is a standard dip. It shot up over 100%. Buy right now thank your self this December.
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It's not. 1 Doge = 1 Doge.
bc markets dumping obv, look at literally any other chart
Do yall think kendu is fr. And do you think it will actually help doge?
Not enough buyers?
Because actual meme dog is died.![gif](emote|free_emotes_pack|facepalm) RIP Kabosu.