I think we are just in a downturn. I got in at .04, and cost averaged to about .05. I'm going to just hold onto it. The whole market is all over the place. Bitcoin is up and down. It was all the way up past $60k, and now look at it. Nearly over 50% down. There are a few catalysts that are on Doge's side. Robinhood wallets is one. Wider acceptance of the coin, which will happen I believe. All things to make it swing back up. And really, it's still pretty closely tracking Bitcoin in movement. So if it were really THAT dead, it wouldn't be doing even that. The economy is just screwy right now. Putin's trying to start WWIII, inflation up, gas prices through the roof. Just ride it out folks.
I feel the same way about Dogecoin. I own a few of them myself and I'm expecting it to go no where at this point. I even thought like you and told myself maybe a few years down the road it will do something... And who knows maybe it will. Gotta diamond hand at this point and wait and see. Stay positive friend.
I feel your pain as well buddy. I could have taken a nice profit when dogecoin hit 75 cents but I was too eager to not take profits until it hit a $1, which eventually it never did. But I still haven't lost hope on it, I still continue to hold on to my dogecoin even though I am at a loss right now, since I keep buying more dogecoin when it was going up which made my average cost go up as well.
Much respect for the emotional vulnerability. I was in the same boat as you at one point when I saw my portfolio drop by an equivalent percentage & dollar amount. It's true about watching the dreams part evaporate is the hardest part. The unrealized gains represented a form of freedom and lifestyle. Telling ourselves to be grateful and count our blessings doesn't really help. The unfortunate part of this whole experience is that we can't even learn a lesson from it because the experience with crypto is unprecedented. No guru past or present (e.g. Buffett) can give guidance to what is the correct lesson to derive. Best of Luck.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
i mean it should have been pretty obvious to sell then it went from 7c to 70c but he held out of pure greed and still continues to hold for literally no reason
Not entirely fair to DOGE as the rest of the Crypto market has been getting hammered since November 2021. If BTC recovers and DOGE doesn't, then you can start to worry.
@@themab9542 bitcoin is down 40% from it’s all time high and has been trading mostly sideways since then. Doge is down to .15 from .74 and has been crashing since it was pumped and dumped from its all time high. Bitcoin is in a correction period. Doge is crashing. Thank you for coming to my Ted talk.
@@themab9542 it’s called a rug pull or a pump and dump. Not volatility when something crashes by 80% and doesn’t recover from it’s peak for over a year.
Doge will come back be patient normies. Long long ago when doge launched, maxies said it would never hit a cent. Last cycle she hit a cent then tumbled. Doge hodlers last cycle have been through this. She’ll hit at least a buck. Give it 3 to 7 years.
Honest video mate! I remember your dance when it jumped to 700k 🤩 and you did not sell though. The biggest challenge, in my opinion, is to stop the mind greed when something 10x in 2 months, say thanks and just take the profits. 🙏
@@BeatTheBush , what about selling enough to get your initial money “back out”? So you just watch the “gains” fluctuate and maybe DCA if it really drops? I did that w part of some really old Tesla shares. Really enjoy your channel!
R.I.P all the people who bought in at .70 cents thinking it would hit a dollar(including me). I already owned doge before that and even bought some at 0.05 but I was so certain it would hit a dollar that night when musk went on snl I bought more and then it crashed. Never sold but purchased more at 16 cents and now more at 12 cents. If your average buy in is super high just buy low to lower it and have a better chance of breaking even at least. My average is 20 cents now and If I buy some at 11 cents rn it would be at 14 cents average which is better then my original 60 cents
I haven’t found this channel in a while, and I am happy if found it again. I appreciate your approach it’s very relatable to me, I find your humor great, yet your statistical reality on point. I can watch your videos all day. Cheers - Kevin Miami. I have DOGE too :)
I'm really glad I subbed to you. I love the honest opinions you give out. I bought 50 dollars worth of dogecoin at 69 so that was fun. I can't imagine what it's like with almost a millions worth of it but I do feel the whole I should have sold it all at 69 not buy more into it
Keep that in mind, imo, the peak of DOGE at above 0.6 came from gamblers, not investors. Once these gamblers decided to cash, it is what it is now. Unlike BTC, DOGE can't retain loyalty. If Walmart, Target, and Amazon accepted DOGE, that would be total game changer.
BTC is also filled with gamblers, it won't be accepted by major stores either because transactions are too slow and price too volatile. BTC was supposed to be for p2p transactions that avoided a third party such as a bank. It was never supposed to be a store of value which is really isn't considering how much it fluctuates in price but goalposts will always get pushed with crypto nerds. Tesla revoked using BTC to buy cars for those reasons and no one is really buying Tesla merch so they can accept Doge because they can write off those losses. The clever thing is that when Tesla bought BTC they cooked their own books to get out of a couple bad earnings reports (if you actually read the things their money doesn't come from what you expect).
i did the exact same thing, i had about 2/3 what you have in doge, didn't sell high, watched it fall and fall hoping it would turn around and never expected it to come down to 10 cents. I bought most of mine less than .01 cent but it still hurts. My advice, and it's what i did was if we get a big spike sell some to diversify and find yourself an interest bearing exchange like voyager. I personally still believe in dogecoin and hold a few hundred thousand but i also own a large amount of VGX given its small market cap, business plan, all of the loyalty members rewards and earning 7%apy in coin.
Not trying to rub salt in a wound, I'm just trying to talk sense into anyone who might read this comment: This is precisely why you should never be deterred from taking profits when people say "but you'll have to pay short term capital gains tax...".... yes, of course you have to pay taxes, but that's much better than losing your principle. Guys, crypto is too volatile, take profits whenever you can, file and pay your estimated taxes, and lock in whatever profits you can get.
Great vid! I love the honesty and how you don't sugarcoat the ups and downs. Can also feel your pain at the end when you started tearing up. Can I ask if still holding after a day like today?
Doge has gone down about %20 since January 2022 and remained at 13c for a while. Almost all top 10 crypto went up by %20 overnight on the 1st of March. The writing is on the wall.
man, you’re still in profit. I bought a bag around $.002 in 2020 and sold for about 20% gain. A year later, I watched it go to its high. I would have been up over 35,000% if i simply held, but I didn’t. I lost more money trying to fomo into it because I was so confident it would touch $1. You gotta just be patient with crypto and hold till the end of time…there’s almost no way to play the system like the stock market and options trading with crypto unless you’re leveraging 101x trading futures and perp coins, which is way more risky than holding. You’re right…hold your bag. If it dips, average down. Hell, take some profits now and average down if you see it going lower in the future. Crypto is so unpredictable, especially when the most unlikely sources or news can pump it 100x in a single week+.
The problem with DOGE is that it was designed up as a joke. A JOKE! If there was a company that was created with the overall fundamental being a joke, would you buy their stock? For short term, yeah, that's gambling, but for long term, I just don't see the investment potential,
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
@@JewTube001 It was a meme - an old one. These days it is just nonsense to the point the founder left because he couldn't stand to see what it was becoming. It was started to make fun of crypto back in the day and it was fun giving people awards in doge for things back in the earlier days of it on reddit when the community was just fun. Now it's filled with desperate people who think their 50$ will make them millionaires and hoping to whatever deity they follow that Elon will do something about it.
What makes you think it will ever go up again? The way I see it these cryptos are only fads people use to get rich quick.Maybe BTC itself will survive but at this point all the speculations made it impossible to determine it's actual value (although I think it's around $10k, which is not to say it's the absolute value it will always have).
@@patrickr2686 Probably not a lot, but in case it ever comes back those people will feel so superior. It doesn't take a financial genious to win the lottery either. BTW, in my previous comment I was actually asking, it was not rhetorical, do you see something special about this coin? Or why were you debating the idea?
The biggest problem with DOGE compared to BTC is it does have an inflation rate of 10,000 DOGE per minute. So I don't think it is designed to go up in price quite like BTC. I agree with Elon that it is the people's crypto, so I bought some, even though it's a joke. Fate loves irony.
The founder literally built it to make fun of crypto and back when the Doge meme was a thing the community built around it would often just send Doge around to people as a joke or for funny things said on early reddit before they had their awards system. Elon is messing with these things because it amuses him and that is all. Hell he basically ruined alt coins because of his cult of personality (everyone is now riding on him making a tweet about their coin). The best thing is people these days have gone nuts over manipulation in the markets by the ultra rich and yet Elon some how gets a pass for manipulating crypto despite being the richest man in the world.
The inflation rate is pretty tiny compared to fiat money. It's a stable crypto currency. That's the reason behind the rallying, because Doge is actually a crypto that can become a very common payment material. Paying with bitcoin is like paying with gold. Paying with etherium is like paying with silver. Not really something you can pay with. Doge, if successful in its application, it will be worth 5-10$ after a year or 2 because of sheer application.
@@Predated2 "Doge is actually a crypto that can become a very common payment material." Yep I think that's a fair statement. I think even $5 would be wildly optimistic for a transaction-based crypto like DOGE (as opposed to a storage of value crypto like BTC), but anything is possible. Crypto in general has a very bright future imho.
I'm losing 14k of my hard-earned money. Haven't made s*** so far off Dogecoin. I'm living month to month and I feel like I wanna roll myself in a blanket and drop my body in the ocean. Had the chance to sell it at 33 cents and one phone call screwed me up until today.
Dogecoin peak 2 cents in 2018. It crashed dogecoin 95 percent in 2019 dogecoin price hard button. Dogecoin peak 2 cents then it crash 0.0018. Dogecoin will make come back in 2025
BeatTheBush ... no matter how much money you make, which may result to buying a bigger house and more things, you (as all of us), will never be able to escape the BIGGEST problem connected to wealth and objects ... THEY SLOWLY BUT SURELY GET DIRTY ! ... and who' s going to take care of all that ? Are you gonna get strangers to clean your house and things ? Will YOU waste your Time / Life doing it ? ... PLEASE Make AT LEAST on video, discussing the HORROR of maintenance and cleaning !!!
Oh yes, I'm acutely aware of the time it takes to maintain material objects. In the background, I am still reducing the number of objects I have. But I think if you have a big house, you probably need to hire some house cleaners.
@@BeatTheBush ... you 'd be surprised how difficult it is to find information on the subject. Nobody talks about it. Not to mention that Google and RUclips "don't want" you to know about it, so even if you search for it, they always show you something with a "positive" message or irrelevant results. It 's as though a system based on (over)consumption does not want to talk about the unsustainability of it ... The world NEEDS your take and vid on the subject !
BTB, it's pretty clear that dogecoins value spiked because it was speculative fad driven by Elon Musk. With the economy crashing, I don't think the inherent value of doge will go up, the value of the dollar is just going down.
I bought over 86,000 doge at .009727 , I sold around 23,000 last year made 11,000.00...and been holding on to the 63000 coins ...I'm sweating bullets now watching it drop but I'm gonna hang strong to see if it does something the next few years ! 🙏
@@Trizzy9999 robinhood ...easy setup and charts are easy to too..promblem is robinhood has limited crypto ...there's a ton of different kind of krypto out there and ony like 6 of them are on robinhood.....but starting with robinhood is a good wat to start and learn before moving to Coinbase etc. etc.
No one knows the future of crypto and if you didn't catch the wave of Bitcoin, then stop commenting it's a dead coin. All these crypto coins are questionable.
So what is the difference between coins like Bitcoin, which were created for a purpose, and Dogecoin, which were created just as a meme? Ultimately even Musk's offerings seem more like a fun sideshow than anything serious. Bitcoin has also been sliding down, but you hear about countries and cities (Ecuador, Switzerland, etc.) accepting bitcoin, which makes it seem more like a real "coin" and less like "speculation". Do you see any difference between the two? Or have they pretty much become the same thing?
I appreciate your showcasing how people feel about this but anything beyond mild disappointment from your investments is a waste of energy, and even that’s too much (especially when you’re not even in the red!) it’s like getting upset because some girl you liked ghosted you: who cares?! 🙂 Make it a point to have more going on in your life and count your blessings all the time.
hey Francis! your videos have helped me so much financially. i hoped to get your perspective on something.. suppose someone making 50k pre tax is living at home with their parents and has very low burn rate. would it be better for them to A) max out their 401k each year? or B) buy a house and use that 20k to pay a mortgage? Assume a 20% down payment is already saved.. which is the better option here? to me, it seems smart to use the opportunity to bulk up the 401k initially maybe to like 100k and then drop the contributions down and then buy a home.
When you say better, that might mean if you end up with the largest net worth at some future date. So you are weighting investing vs. home appreciation minus costs. Homes has appreciated dramatically in the past 10 years and it is uncertain if that will repeat the next 10. So which is best really depends on the future which I do not know.
I have faith it will go up. We're in a market with rising inflation fears and possibility of war. It'll take a few years. That being said I wish I sold at the top.
Dogecoin has the same tendencies as Ripple. It will hurt you if you bought a lot. If you think you're in pain, just remember that I sold 11 ETH at $120 in 2019 when everyone said to me HODL. 😭😭
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
once you have passed the 12-mo holding point, it doesn’t matter what you had been holding, but rather what you think you ought to hold for the next 12+ months. Think sunk cost fallacy. So, you would want to think about what the best asset allocation would be moving forward … and DOGE may or may not fit into the overall allocation scheme.
Hello, this channel has been incredibly inspiring to me. I would like to know (as others I am sure) what you are investing in next. Is there a point you would buy back BITCOIN, or Tesla stock or VOO/SPY? Videos to illuminate your next steps in investing would be incredibly helpful. Thank you.
That’s what I did with my Acorns account, I put money in it that I don’t need, all my bills are paid and I have more than enough to pay my bills so if I lost everything in my acorns account, it won’t bother me. I think Doge will go up a little, but I’m skeptic it will hit $1. If it does, loyal investors will make heavy bank!
My fear is that Dogecoin is finished because there are too many competing cryptos with better features to prop up their value. With that said, even bitcoin is in for a beatdown, with only buyer confidence and Canada's financial tyranny being good reasons to own it. Sadly, Dodgecoin and BtB wait in earnest for Musk to do something ...anything
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
So how does crypto help with those matters? Every transaction is transparent - they find out your keys they can see you moving funds and if you didn't pay taxes on those your in for a world of hurt (this applies to most western countries right now). They can also just straight up take your wallets (the fbi can crack wallets and have). So now the entire crypto sphere is relying on Musk to say something to pump shit - that does not sound like a good investment reason.
Historically, Doge pump towards the end of the bull run, co-founder Jackson Palmer said Doge acts as the barometer of how heated the market is, a huge spike signifies nearing the end. Elon just so happen to being pumping during that wave and enjoying it, after that his pumps had little effect. Doge will be back maybe 2024 the latest, the fundamentals seems stronger every cycle. The development behind it is a good enough reason to hold on, a transfer was successfully made offline 2 days ago through Radio.
You buy some and forget about it. I was younger I had my grandfather buy me 2 Bitcoin when I was younger for my birthday when it was $35 a coin and forgot about it and still have them to day . I put a hundred dollar down Doge coin was .05 and forgot about it . Through a 100 on other coins on coins Woth nothing. That call disposable income. But I love buying physical gold and silver. You buy silver from the mint come in a suitcase and come with250 coin that are 1 oz. it was around $4 to 5 an oz and buying gold when it was 200 to 300 an oz that because in a coin collector. And like to buy quarters and full sheet of $2 from the mint stuff takes time to increase in value. I say there no rich quick way to make money. Unless you’re lucky at right time and place.
It's not whether you were smart enough to sell, it's whether you were lucky enough to sell. Crypto in general is real but as for which form of crypto is almost a complete gamble. I think you should just sell it.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
It's funny that now Bitcoin at 38k and Eth at 3k is a low price. I remember when Beat the Bush was selling Bitcoin in increments at 10k 12k 14k, and it seemed soo high back in 2017.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
@@LAWSON08 Those trillions are not out of nowhere and have real world economics built around it. If you want money out of nowhere that would be stablecoins ie tether which was the only reason BTC spiked in 2020.
You have to know this is all cyclical and dogecoin has huge catalysts and more than anyone other coin by far. My thoughts are if you can't stomach massive dips than your not deserving of all time highs. Keep this mentality and you will do well in crypto....I know I have!
Dogecoin has no catalysts other than Elon tweeting about it. He has already allowing people to buy tesla merch with it but oh look it didn't help anything because no one is buying merch. It's an easy way to make a tax write off for them. Think about this - doge was invented as a means to make fun of crypto, it is old, the only reason it spiked in the first place (not that long ago) was because of Elon making dumb posts about it because he thinks its amusing. He is literally the richest man in the world due to running businesses not crypto - its a game for him.
I have a few k in doge and never look at it. . . every once in awhile I'll throw in a little bit more when it is hella low. The money is irrelevant to me right now. The way I look at it, either I completely lose this money that I don't need, or one day I get a very nice surprise and can have some fun. My speculation: People have had their fun with crypto (for now). It is not interesting, fun, or promising right now. . . so the general population does not want to or care to touch it. But I tell you what, they have not forgotten the potential. The name "doge" is connected to making people rich overnight. What happens in 1-3 years when "doge" starts hitting headlines and the line is going upwards. They are not going to want to miss the bus again. That is what I am holding onto right now. We will see.
No offense but big loss in crypto is normal. It happens to everyone at some point and in my opinion, watching your portfolio blew up and how you react will decide whether or not you're suited for this kind of speculative investment. If you survived it once, crypto numbs your emotion and allows you to make better call in other areas. Regardless of price, a rising crypto market will undoubtedly bring doge back up. Its supply might be infinite but it's low transaction cost and easy to use. It's a good middle-man token. There will always be an exchange for converting some esoteric tokens into doge, then converting doge into more stable crypto.
@@BeatTheBush look at bitcoins inflation rate/economic model and you’ll understand why bitcoin pumps hard about every four years. Dogecoin prints the same amount every year with no reduction in rate unlike BTC. All doge can do is ride the BTC hype train. Like at the doge/BTC chart over the past several years and it’s apparent.
Dude I think you should sell it when it becomes a LTCG and pocket the returns. I never would have bought it in the first place though because I'm not that much of a gambler. I'm sure you watch Dogecoin Millionaire on YT, he's hodling too.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to invest you should hold on to it as long as you can
He didn't sell and watched his coins worth crumble. So of course he is holding for the off chance it goes back up in which case welcome to a big sellers floor where he will dump on everyone else.
@@corail53 he is still up $60k and he can lock that in if he sells now. Of course the returns come at the expense of other crypto investors, that is how a zero sum game works and all cryptocurrencies are zero or negative sum games (the miners extract some).
@@BeatTheBush right. I realized you talked about this later in the video. I never had this experience where you would have sth 6x, don't sell and then it goes back significantly. I guess it's impossible not to feel it "in the bag", even though you didn't sell yet?
Forget about the cars who needs these Tesla’s why wouldn’t you take the money and buy an investment property for a financial channel this idea of buying cars is ludicrous. Buy something that will make money while you sleep. Elon musk is never getting to mars. Mike your east bay neighbor in Pittsburg
Since nobody is really buying crypto, and Dogecoin specifically, the prices will just keep slowly dropping because so many Doge gets produced daily. Swap to Eth and wait for 2.0.
Considering the inflation these days any of these coins could explode when we get past the point of no return with the worlds fiat currencies. Its smart to hold anything other then the dollar.
I tend to believe that Dogecoin is evolving, along with the entire crypto market in general. But Dogecoin is special because it is pure. It was never intended to be a get rich quick scheme. Elon Musk recognizes this, and him backing the coin is not nothing. It is extremely important. He is taking this simple currency under his wing and will vastly improve the underlying tech. Although the price goes down (along with the whole market in general), the value of the coin continues to go up. In the future, you may end up not thinking of converting your doge to dollars, but instead only want to convert dollars to doge.
It was intended to make fun of crypto and used a meme at the time as it's logo. It was supposed to be a joke and not an actual thing. He isn't even involved with the Doge team so no he is not vastly improving the underlying tech - also remember it was built in 3 hours. You bought into the hype of a billionaire and think they are looking out for you guys when in reality he just finds it amusing. It's an inflationary coin (something that most of crypto hated and hates) saying it's price going down but value up makes you look like an idiot sorry to say.
damn, I spend 25K to 30K a year on toys alone. And when I mean toys, I mean literally action figures and diecast cars. But the value of my toys have appreciated way more over the last couple years than my stock and crypto portfolio, haha
People clearly don't understand that this is the anti-crypto cryptocurrency. It's designed not to be an investment because so many dogecoin are minted per day. For your investment to increase you are fighting massive inflation at the same time. It's not possible! Very very simple, like high school stuff.
![Everyone hates Michael Cera - Superbad Extra Content [Subtitles: ENG / GER]](http://i.ytimg.com/vi/JEIScrrh1AQ/mqdefault.jpg)
I think we are just in a downturn. I got in at .04, and cost averaged to about .05. I'm going to just hold onto it. The whole market is all over the place. Bitcoin is up and down. It was all the way up past $60k, and now look at it. Nearly over 50% down. There are a few catalysts that are on Doge's side. Robinhood wallets is one. Wider acceptance of the coin, which will happen I believe. All things to make it swing back up. And really, it's still pretty closely tracking Bitcoin in movement. So if it were really THAT dead, it wouldn't be doing even that. The economy is just screwy right now. Putin's trying to start WWIII, inflation up, gas prices through the roof. Just ride it out folks.
You hit the nail on the head: the pain comes from watching your dreams evaporate. Well said!
I feel the same way about Dogecoin. I own a few of them myself and I'm expecting it to go no where at this point. I even thought like you and told myself maybe a few years down the road it will do something... And who knows maybe it will. Gotta diamond hand at this point and wait and see. Stay positive friend.
When did you start investing into crypto?
I feel your pain as well buddy. I could have taken a nice profit when dogecoin hit 75 cents but I was too eager to not take profits until it hit a $1, which eventually it never did. But I still haven't lost hope on it, I still continue to hold on to my dogecoin even though I am at a loss right now, since I keep buying more dogecoin when it was going up which made my average cost go up as well.
As a money manager it is important to know when to cut your losses and opportunistically deploy capital where it is treated best.
Dogecoin
Much respect for the emotional vulnerability. I was in the same boat as you at one point when I saw my portfolio drop by an equivalent percentage & dollar amount. It's true about watching the dreams part evaporate is the hardest part. The unrealized gains represented a form of freedom and lifestyle. Telling ourselves to be grateful and count our blessings doesn't really help. The unfortunate part of this whole experience is that we can't even learn a lesson from it because the experience with crypto is unprecedented. No guru past or present (e.g. Buffett) can give guidance to what is the correct lesson to derive. Best of Luck.
The correct lesson is that you should have just bought Bitcoin. You know, the civilization changing technology that fixes money itself.
Just buy the dip pussiesssss
This is what happens when you buy a speculative vehicle, you don't know when to buy or when to sell. It is pure speculation.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
All these cryptos are speculative
i mean it should have been pretty obvious to sell then it went from 7c to 70c but he held out of pure greed and still continues to hold for literally no reason
i feel your pain Francis! thanks for keeping it real
Not entirely fair to DOGE as the rest of the Crypto market has been getting hammered since November 2021. If BTC recovers and DOGE doesn't, then you can start to worry.
Looks like we can start to worry now
@@cford5393 Pretty sure BTC is still down?
@@themab9542 bitcoin is down 40% from it’s all time high and has been trading mostly sideways since then. Doge is down to .15 from .74 and has been crashing since it was pumped and dumped from its all time high. Bitcoin is in a correction period. Doge is crashing. Thank you for coming to my Ted talk.
@@cford5393 everyone knows altcoins are more volatile than BTC... higher peaks, lower drops
@@themab9542 it’s called a rug pull or a pump and dump. Not volatility when something crashes by 80% and doesn’t recover from it’s peak for over a year.
Doge will come back be patient normies.
Long long ago when doge launched, maxies said it would never hit a cent. Last cycle she hit a cent then tumbled. Doge hodlers last cycle have been through this. She’ll hit at least a buck. Give it 3 to 7 years.
Seeing your dream evaporate. That should be on the T-shirt for 2022.
Imagine how the Dogecoin millionaire feels. Think he had like 3 mil worth of dogecoin at one point. He probly shed plenty tears behind the camera.
I like him but the guy is a buffoon
Honest video mate!
I remember your dance when it jumped to 700k 🤩 and you did not sell though. The biggest challenge, in my opinion, is to stop the mind greed when something 10x in 2 months, say thanks and just take the profits. 🙏
Ha hah a! Omg.. that was the time to sell! Omg.
@@BeatTheBush , what about selling enough to get your initial money “back out”? So you just watch the “gains” fluctuate and maybe DCA if it really drops?
I did that w part of some really old Tesla shares.
Really enjoy your channel!
Sell when you're happy. Buy when you're unhappy. Isn't that what buy low Sell high is all about?
@@simpletongeek The rule is - if it's good enough to screenshot gtfo.
@@BeatTheBush Still not too late my virtual friend. The DOGE is tanking HUUUUGE now.
I think it’s harder for doge to hit an all time high than it is for Bitcoin because doge’s supply is infinite. 10,000 new doge produced every block.
Should’ve could’ve would’ve! It’s all good we can keep holding strong brother 💪💎
R.I.P all the people who bought in at .70 cents thinking it would hit a dollar(including me). I already owned doge before that and even bought some at 0.05 but I was so certain it would hit a dollar that night when musk went on snl I bought more and then it crashed. Never sold but purchased more at 16 cents and now more at 12 cents. If your average buy in is super high just buy low to lower it and have a better chance of breaking even at least. My average is 20 cents now and If I buy some at 11 cents rn it would be at 14 cents average which is better then my original 60 cents
story of my life
HAHAHAHAHA
its never going back to 70 cents ever man sorry
@@jaredgable390 I don't think so either but If it hits 30 cents again I'll make some good money
@@jaredgable390 Thats like saying BTC will never be at 65k again.
I haven’t found this channel in a while, and I am happy if found it again. I appreciate your approach it’s very relatable to me, I find your humor great, yet your statistical reality on point. I can watch your videos all day. Cheers - Kevin Miami. I have DOGE too :)
I'm really glad I subbed to you. I love the honest opinions you give out. I bought 50 dollars worth of dogecoin at 69 so that was fun. I can't imagine what it's like with almost a millions worth of it but I do feel the whole I should have sold it all at 69 not buy more into it
Just sell on the next spike. McDonald’s accepting Doge will give it a slight pump and then you dump.
Dogecoin will make come back. Go big and go home. If dogecoin hit 1 cents. I am going put decent money on dogecoin.
Lol missed your chance by a long shot
I know this couple who’s taking out a second mort/collateral from their home; and putting it into crypto.
ur up 75% in probably less than a year. maybe look at the glass half full. cant really cry abou that.
I have a tiny amount purchased when I was less than one cent at this point I don’t plan on getting rid of it… yes I hope it makes a comeback
Keep that in mind, imo, the peak of DOGE at above 0.6 came from gamblers, not investors. Once these gamblers decided to cash, it is what it is now.
Unlike BTC, DOGE can't retain loyalty. If Walmart, Target, and Amazon accepted DOGE, that would be total game changer.
BTC is also filled with gamblers, it won't be accepted by major stores either because transactions are too slow and price too volatile. BTC was supposed to be for p2p transactions that avoided a third party such as a bank. It was never supposed to be a store of value which is really isn't considering how much it fluctuates in price but goalposts will always get pushed with crypto nerds. Tesla revoked using BTC to buy cars for those reasons and no one is really buying Tesla merch so they can accept Doge because they can write off those losses. The clever thing is that when Tesla bought BTC they cooked their own books to get out of a couple bad earnings reports (if you actually read the things their money doesn't come from what you expect).
@@corail53 too many whales. once the coins are more evenly distributed then maybe. but thats like 5-10 years from now
Yeah
Update: Dogecoin at 7-8 cents. He ain't up 60K anymore. Ha ha
i did the exact same thing, i had about 2/3 what you have in doge, didn't sell high, watched it fall and fall hoping it would turn around and never expected it to come down to 10 cents. I bought most of mine less than .01 cent but it still hurts. My advice, and it's what i did was if we get a big spike sell some to diversify and find yourself an interest bearing exchange like voyager. I personally still believe in dogecoin and hold a few hundred thousand but i also own a large amount of VGX given its small market cap, business plan, all of the loyalty members rewards and earning 7%apy in coin.
Not trying to rub salt in a wound, I'm just trying to talk sense into anyone who might read this comment: This is precisely why you should never be deterred from taking profits when people say "but you'll have to pay short term capital gains tax...".... yes, of course you have to pay taxes, but that's much better than losing your principle. Guys, crypto is too volatile, take profits whenever you can, file and pay your estimated taxes, and lock in whatever profits you can get.
You keep it too real!!! Respect!!! We’re still in the fight don’t sell
Great vid! I love the honesty and how you don't sugarcoat the ups and downs. Can also feel your pain at the end when you started tearing up. Can I ask if still holding after a day like today?
he is having loss porn now!!
Doge has gone down about %20 since January 2022 and remained at 13c for a while.
Almost all top 10 crypto went up by %20 overnight on the 1st of March.
The writing is on the wall.
man, you’re still in profit. I bought a bag around $.002 in 2020 and sold for about 20% gain. A year later, I watched it go to its high. I would have been up over 35,000% if i simply held, but I didn’t. I lost more money trying to fomo into it because I was so confident it would touch $1. You gotta just be patient with crypto and hold till the end of time…there’s almost no way to play the system like the stock market and options trading with crypto unless you’re leveraging 101x trading futures and perp coins, which is way more risky than holding. You’re right…hold your bag. If it dips, average down. Hell, take some profits now and average down if you see it going lower in the future. Crypto is so unpredictable, especially when the most unlikely sources or news can pump it 100x in a single week+.
The problem with DOGE is that it was designed up as a joke. A JOKE! If there was a company that was created with the overall fundamental being a joke, would you buy their stock? For short term, yeah, that's gambling, but for long term, I just don't see the investment potential,
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
it's a meme, but people like memes.
@@JewTube001 It was a meme - an old one. These days it is just nonsense to the point the founder left because he couldn't stand to see what it was becoming. It was started to make fun of crypto back in the day and it was fun giving people awards in doge for things back in the earlier days of it on reddit when the community was just fun. Now it's filled with desperate people who think their 50$ will make them millionaires and hoping to whatever deity they follow that Elon will do something about it.
people in the comments looking at it to short term long term matters more
I have been debating on buying a lot more while it's still low
What makes you think it will ever go up again? The way I see it these cryptos are only fads people use to get rich quick.Maybe BTC itself will survive but at this point all the speculations made it impossible to determine it's actual value (although I think it's around $10k, which is not to say it's the absolute value it will always have).
@@sogerc1It would be interesting to know how many people are betting on this coin to create life changing money
@@patrickr2686 Probably not a lot, but in case it ever comes back those people will feel so superior. It doesn't take a financial genious to win the lottery either.
BTW, in my previous comment I was actually asking, it was not rhetorical, do you see something special about this coin? Or why were you debating the idea?
The biggest problem with DOGE compared to BTC is it does have an inflation rate of 10,000 DOGE per minute.
So I don't think it is designed to go up in price quite like BTC.
I agree with Elon that it is the people's crypto, so I bought some, even though it's a joke. Fate loves irony.
The founder literally built it to make fun of crypto and back when the Doge meme was a thing the community built around it would often just send Doge around to people as a joke or for funny things said on early reddit before they had their awards system. Elon is messing with these things because it amuses him and that is all. Hell he basically ruined alt coins because of his cult of personality (everyone is now riding on him making a tweet about their coin). The best thing is people these days have gone nuts over manipulation in the markets by the ultra rich and yet Elon some how gets a pass for manipulating crypto despite being the richest man in the world.
The inflation rate is pretty tiny compared to fiat money. It's a stable crypto currency. That's the reason behind the rallying, because Doge is actually a crypto that can become a very common payment material.
Paying with bitcoin is like paying with gold. Paying with etherium is like paying with silver. Not really something you can pay with.
Doge, if successful in its application, it will be worth 5-10$ after a year or 2 because of sheer application.
@@Predated2 "Doge is actually a crypto that can become a very common payment material."
Yep I think that's a fair statement.
I think even $5 would be wildly optimistic for a transaction-based crypto like DOGE (as opposed to a storage of value crypto like BTC), but anything is possible. Crypto in general has a very bright future imho.
@@Sintorace Why?
@@Sintorace BTC is doing pretty good though.
I'm losing 14k of my hard-earned money. Haven't made s*** so far off Dogecoin. I'm living month to month and I feel like I wanna roll myself in a blanket and drop my body in the ocean. Had the chance to sell it at 33 cents and one phone call screwed me up until today.
I’m right here with you buddy lol. -40k
@@tylerle4199 holy s*** man!
Dogecoin peak 2 cents in 2018. It crashed dogecoin 95 percent in 2019 dogecoin price hard button. Dogecoin peak 2 cents then it crash 0.0018. Dogecoin will make come back in 2025
Cross fingers. =D
BeatTheBush ... no matter how much money you make, which may result to buying a bigger house and more things, you (as all of us), will never be able to escape the BIGGEST problem connected to wealth and objects ... THEY SLOWLY BUT SURELY GET DIRTY ! ... and who' s going to take care of all that ? Are you gonna get strangers to clean your house and things ? Will YOU waste your Time / Life doing it ? ... PLEASE Make AT LEAST on video, discussing the HORROR of maintenance and cleaning !!!
Oh yes, I'm acutely aware of the time it takes to maintain material objects. In the background, I am still reducing the number of objects I have. But I think if you have a big house, you probably need to hire some house cleaners.
@@BeatTheBush ... you 'd be surprised how difficult it is to find information on the subject. Nobody talks about it. Not to mention that Google and RUclips "don't want" you to know about it, so even if you search for it, they always show you something with a "positive" message or irrelevant results. It 's as though a system based on (over)consumption does not want to talk about the unsustainability of it ... The world NEEDS your take and vid on the subject !
Agreed!
Yeah I sure hope it does think it just needs time take care Francis
BTB, it's pretty clear that dogecoins value spiked because it was speculative fad driven by Elon Musk. With the economy crashing, I don't think the inherent value of doge will go up, the value of the dollar is just going down.
I bought over 86,000 doge at .009727 , I sold around 23,000 last year made 11,000.00...and been holding on to the 63000 coins ...I'm sweating bullets now watching it drop but I'm gonna hang strong to see if it does something the next few years ! 🙏
How do you recommend someone to start? I want to invest but im a first timer and pretty skeptical about crypto.
@@Trizzy9999 robinhood ...easy setup and charts are easy to too..promblem is robinhood has limited crypto ...there's a ton of different kind of krypto out there and ony like 6 of them are on robinhood.....but starting with robinhood is a good wat to start and learn before moving to Coinbase etc. etc.
No one knows the future of crypto and if you didn't catch the wave of Bitcoin, then stop commenting it's a dead coin. All these crypto coins are questionable.
Yes im in the same boat holding for at least 3 years cause I think we are still in the beginning of crypto stay strong everyone.
Do you even understand how Doge works? What is the inflation rate? What prevents hot new dog / meme coins in the future from taking market share?
BCB said it will bottom out at 3-4cent area, basically following what xrp did years ago. Remember XVG(Verge)? I feel same way about dodge
Verge doesn’t have a large community than dogecoin
TA shows it may retest 0.70 this year. You really need to sell it when it spikes up to that high.
What TA
@@xyz-pg3zd or it might stand for technical analysis
TA is basically a horroscope. Pretty useless.
where are you getting your TA from? source? what makes you think so
I want to hang on to see if it goes to a 100.00 one day ...I'll be rich !
So what is the difference between coins like Bitcoin, which were created for a purpose, and Dogecoin, which were created just as a meme? Ultimately even Musk's offerings seem more like a fun sideshow than anything serious. Bitcoin has also been sliding down, but you hear about countries and cities (Ecuador, Switzerland, etc.) accepting bitcoin, which makes it seem more like a real "coin" and less like "speculation". Do you see any difference between the two? Or have they pretty much become the same thing?
1M dogecoin = $100k soon.
Do you still have your doge coin it’s going up up up right now on the 30/10/2022
I appreciate your showcasing how people feel about this but anything beyond mild disappointment from your investments is a waste of energy, and even that’s too much (especially when you’re not even in the red!) it’s like getting upset because some girl you liked ghosted you: who cares?! 🙂
Make it a point to have more going on in your life and count your blessings all the time.
hey Francis! your videos have helped me so much financially. i hoped to get your perspective on something.. suppose someone making 50k pre tax is living at home with their parents and has very low burn rate. would it be better for them to A) max out their 401k each year? or B) buy a house and use that 20k to pay a mortgage? Assume a 20% down payment is already saved.. which is the better option here? to me, it seems smart to use the opportunity to bulk up the 401k initially maybe to like 100k and then drop the contributions down and then buy a home.
When you say better, that might mean if you end up with the largest net worth at some future date. So you are weighting investing vs. home appreciation minus costs. Homes has appreciated dramatically in the past 10 years and it is uncertain if that will repeat the next 10. So which is best really depends on the future which I do not know.
@@BeatTheBush thank you!
I have faith it will go up. We're in a market with rising inflation fears and possibility of war. It'll take a few years. That being said I wish I sold at the top.
Same 😕
Thats what you get for being greedy
@@Trizzy9999 I'm still positive cause of dogecoin and believe in it long term. So meh.
Dogecoin has the same tendencies as Ripple. It will hurt you if you bought a lot. If you think you're in pain, just remember that I sold 11 ETH at $120 in 2019 when everyone said to me HODL. 😭😭
I'm doing ok, not life or standard of living threatening.
@@BeatTheBush Alright, cool. 🙏🏿
I sold all my btc as I mined it back in 2013/14 for around $250 a coin dont feel bad.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
once you have passed the 12-mo holding point, it doesn’t matter what you had been holding, but rather what you think you ought to hold for the next 12+ months. Think sunk cost fallacy. So, you would want to think about what the best asset allocation would be moving forward … and DOGE may or may not fit into the overall allocation scheme.
Hello, this channel has been incredibly inspiring to me. I would like to know (as others I am sure) what you are investing in next. Is there a point you would buy back BITCOIN, or Tesla stock or VOO/SPY? Videos to illuminate your next steps in investing would be incredibly helpful. Thank you.
That’s what I did with my Acorns account, I put money in it that I don’t need, all my bills are paid and I have more than enough to pay my bills so if I lost everything in my acorns account, it won’t bother me. I think Doge will go up a little, but I’m skeptic it will hit $1. If it does, loyal investors will make heavy bank!
My fear is that Dogecoin is finished because there are too many competing cryptos with better features to prop up their value. With that said, even bitcoin is in for a beatdown, with only buyer confidence and Canada's financial tyranny being good reasons to own it. Sadly, Dodgecoin and BtB wait in earnest for Musk to do something ...anything
I wouldn't say wait with all my attention at least. In the mean while, I'll be doing some other thing.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
So how does crypto help with those matters? Every transaction is transparent - they find out your keys they can see you moving funds and if you didn't pay taxes on those your in for a world of hurt (this applies to most western countries right now). They can also just straight up take your wallets (the fbi can crack wallets and have). So now the entire crypto sphere is relying on Musk to say something to pump shit - that does not sound like a good investment reason.
*I bought a lot of doge at .33 and .34 ;(*
Historically, Doge pump towards the end of the bull run, co-founder Jackson Palmer said Doge acts as the barometer of how heated the market is, a huge spike signifies nearing the end. Elon just so happen to being pumping during that wave and enjoying it, after that his pumps had little effect. Doge will be back maybe 2024 the latest, the fundamentals seems stronger every cycle. The development behind it is a good enough reason to hold on, a transfer was successfully made offline 2 days ago through Radio.
Seriously, if an investment causes you this much emotional distress, maybe this type of high risk investing isn’t for you.
Ha hah a... I'm actually doing pretty good. Relaxing.
@@BeatTheBush bro 11 cents…
I have an average cost slightly higher than you and I am worried, what should we do now that the price has fallen so much this week?
You buy some and forget about it.
I was younger I had my grandfather buy me 2 Bitcoin when I was younger for my birthday when it was $35 a coin and forgot about it and still have them to day . I put a hundred dollar down Doge coin was .05 and forgot about it . Through a 100 on other coins on coins Woth nothing. That call disposable income. But I love buying physical gold and silver. You buy silver from the mint come in a suitcase and come with250 coin that are 1 oz. it was around $4 to 5 an oz and buying gold when it was 200 to 300 an oz that because in a coin collector. And like to buy quarters and full sheet of $2 from the mint stuff takes time to increase in value. I say there no rich quick way to make money. Unless you’re lucky at right time and place.
Man I might just be done with life 😞
I like the honesty
Sell dogecoin and buy VT?
What are your thoughts on AMP or ANKR coins?
Will doge ever come back its .8
One dollar Doge let's go!
=D
Now, individual investors are going to crush head founs😀
Doge will come back if we go back into a bull market.
Is Webull still a good platform. Do you still recommend it?
I like using it for the 5.0% APY interest on uninvested cash.
It's gonna come back. Etc is expected to hit around $150 and they run together. I'm buying and buying every friday
You are not alone, My average is 3c in Dogecoin. holding 250k coins. I didn't sell it at top. now lost all the gains. I understand you man. It sucks.
If you got in at 3c, your still up
@@okladood-adam2564 yeah i am up. But feels bad not selling at the top .
I wonder if wishing for $1 will ever come to pass. I've seen plenty of stocks that died off and never actually came back.
I can feel his pain. Great video.
It's not whether you were smart enough to sell, it's whether you were lucky enough to sell. Crypto in general is real but as for which form of crypto is almost a complete gamble. I think you should just sell it.
Ahhh... I remember the exact moment I was counting my coins, lol.
@@BeatTheBush you doubled your money if you sell now. Take it and stick it in to a fund.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
@@kohort1 what are some good funds?
To think it was 0.70 this time last year
Don't worry, you're still cool. I still hold some doge with you
Dang doge... lol. Important thing is to not invest too much to freak out.
Sell and move forward...my best advice to you
RELAX DREAMS WILL COME TRUE. TAKE IT EASY AND WHEN IN DOUBT ZOOM OUT
crypto is in a bear market doge is going to 0.05 cents this year be ready thats a 90% drop from its top. Doge aways drops 90% plus in a bear market.
Well done i got same problem , but ass you sayed the price goos down one day it will come backkk creazyyy high🦁🦁🦁💪💪💯💯
Maybe consider diversifying into eth and btc at these low prices.
It's funny that now Bitcoin at 38k and Eth at 3k is a low price. I remember when Beat the Bush was selling Bitcoin in increments at 10k 12k 14k, and it seemed soo high back in 2017.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to investing in bitcoins
@@BobbyHo2022 True. But we've printed many Trillions out of nothing since then too.
@@LAWSON08 not gonna stop now.
@@LAWSON08 Those trillions are not out of nowhere and have real world economics built around it. If you want money out of nowhere that would be stablecoins ie tether which was the only reason BTC spiked in 2020.
You have to know this is all cyclical and dogecoin has huge catalysts and more than anyone other coin by far. My thoughts are if you can't stomach massive dips than your not deserving of all time highs. Keep this mentality and you will do well in crypto....I know I have!
Dogecoin has no catalysts other than Elon tweeting about it. He has already allowing people to buy tesla merch with it but oh look it didn't help anything because no one is buying merch. It's an easy way to make a tax write off for them. Think about this - doge was invented as a means to make fun of crypto, it is old, the only reason it spiked in the first place (not that long ago) was because of Elon making dumb posts about it because he thinks its amusing. He is literally the richest man in the world due to running businesses not crypto - its a game for him.
@@corail53 sorry but I don't think you have been keeping up. You probably want to read up.
I have a few k in doge and never look at it. . . every once in awhile I'll throw in a little bit more when it is hella low. The money is irrelevant to me right now. The way I look at it, either I completely lose this money that I don't need, or one day I get a very nice surprise and can have some fun.
My speculation: People have had their fun with crypto (for now). It is not interesting, fun, or promising right now. . . so the general population does not want to or care to touch it. But I tell you what, they have not forgotten the potential. The name "doge" is connected to making people rich overnight. What happens in 1-3 years when "doge" starts hitting headlines and the line is going upwards. They are not going to want to miss the bus again.
That is what I am holding onto right now. We will see.
No offense but big loss in crypto is normal. It happens to everyone at some point and in my opinion, watching your portfolio blew up and how you react will decide whether or not you're suited for this kind of speculative investment. If you survived it once, crypto numbs your emotion and allows you to make better call in other areas.
Regardless of price, a rising crypto market will undoubtedly bring doge back up. Its supply might be infinite but it's low transaction cost and easy to use. It's a good middle-man token. There will always be an exchange for converting some esoteric tokens into doge, then converting doge into more stable crypto.
Have to stomach 85% dips. It happens all the time.... maybe like 10 times for bitcoin so far.
@@BeatTheBush look at bitcoins inflation rate/economic model and you’ll understand why bitcoin pumps hard about every four years. Dogecoin prints the same amount every year with no reduction in rate unlike BTC. All doge can do is ride the BTC hype train. Like at the doge/BTC chart over the past several years and it’s apparent.
It sounds like it's affecting you, how much does it affect you? And is it positive or negative?
Dude I think you should sell it when it becomes a LTCG and pocket the returns. I never would have bought it in the first place though because I'm not that much of a gambler. I'm sure you watch Dogecoin Millionaire on YT, he's hodling too.
I have so many strategies and signals in making you good profit in a month. I have one of the best signals in the world and one of the best binary strategy to double your investment. That's the reason I have hundreds of clients working to invest you should hold on to it as long as you can
He didn't sell and watched his coins worth crumble. So of course he is holding for the off chance it goes back up in which case welcome to a big sellers floor where he will dump on everyone else.
@@Elonmusk-ct8xn you are so good at investing that you have to spam RUclips comments?
@@corail53 he is still up $60k and he can lock that in if he sells now. Of course the returns come at the expense of other crypto investors, that is how a zero sum game works and all cryptocurrencies are zero or negative sum games (the miners extract some).
Wait, you chart shows at 2:43 that the average cost is 0.07 so even at 0.13 you still have a 2x going on? Or?
7.7c. So 75% or so.
@@BeatTheBush right. I realized you talked about this later in the video. I never had this experience where you would have sth 6x, don't sell and then it goes back significantly. I guess it's impossible not to feel it "in the bag", even though you didn't sell yet?
Forget about the cars who needs these Tesla’s why wouldn’t you take the money and buy an investment property for a financial channel this idea of buying cars is ludicrous. Buy something that will make money while you sleep. Elon musk is never getting to mars. Mike your east bay neighbor in Pittsburg
Since nobody is really buying crypto, and Dogecoin specifically, the prices will just keep slowly dropping because so many Doge gets produced daily. Swap to Eth and wait for 2.0.
Trying to know when to buy or sell crypto is like saying what color were certain dinosaur species? We just don’t know. It’s pure speculation
Considering the inflation these days any of these coins could explode when we get past the point of no return with the worlds fiat currencies. Its smart to hold anything other then the dollar.
I’ve just been buying dogecoin with piggy bank money. Haven’t sold it but just sitting back and see what happens
It's a lottery ticket at this point.
I tend to believe that Dogecoin is evolving, along with the entire crypto market in general. But Dogecoin is special because it is pure. It was never intended to be a get rich quick scheme. Elon Musk recognizes this, and him backing the coin is not nothing. It is extremely important. He is taking this simple currency under his wing and will vastly improve the underlying tech. Although the price goes down (along with the whole market in general), the value of the coin continues to go up. In the future, you may end up not thinking of converting your doge to dollars, but instead only want to convert dollars to doge.
Does elon only want dogecoin?
@@xyz-pg3zd He said the only crypto he holds is bitcoin, etherium and doge
It was intended to make fun of crypto and used a meme at the time as it's logo. It was supposed to be a joke and not an actual thing. He isn't even involved with the Doge team so no he is not vastly improving the underlying tech - also remember it was built in 3 hours. You bought into the hype of a billionaire and think they are looking out for you guys when in reality he just finds it amusing. It's an inflationary coin (something that most of crypto hated and hates) saying it's price going down but value up makes you look like an idiot sorry to say.
If you don't care about losing it all, you should be fine.
damn, I spend 25K to 30K a year on toys alone. And when I mean toys, I mean literally action figures and diecast cars. But the value of my toys have appreciated way more over the last couple years than my stock and crypto portfolio, haha
I feel your concern and we are connected
Dude there are people with real loss quit crying about sitting on 60k gain smh..
True. Thinking about unsubscribing from this guy. Smh
Alot of regrets people didnt sell at .40-.50-.69
XD XD
Crypto is basically gambling. I think that you're better off using pyramid betting technique.
People clearly don't understand that this is the anti-crypto cryptocurrency. It's designed not to be an investment because so many dogecoin are minted per day. For your investment to increase you are fighting massive inflation at the same time. It's not possible! Very very simple, like high school stuff.
Lower inflation rate than usd. Highschool stuff