Dogecoin (DOGE) Discussion Thread

Uitomy

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Anxiety attacks and sugar cookies
Hey guys,been had a crazy week last week in the world of finance and it was pump and dumps all over the place.

I myself chased the dogecoin pump, and I get burned of course :mjcry:. I put in 800$ But! I didn't lose any money that I needed, I just lost 50% of the profits I made off ada and vet. So even though I lost money, it was just profit and not my principle investment.:manny:

The point I want to drive here for some guys new to the crypto space is of course risk what you're willing to lose, but also be realistic about what you're doing.

First off, I see some guys trying to buy doge and other crytpos off robinhood :ufdup:. If you're not a trader, and I mean a real day to day trader, not a buy on Friday sell on Monday trader. Then you need to actually buy your crypto on crypto exchanges that will actually give you your crypto wherein you can send them to your wallet should you hold and control them :ufdup:. Robinhood basically sells you paper crypto, so really they don't even have the crypto so they don't even have the money in the first place from that shyt.

And another thing, don't ask people "is it too late to invest? What should I invest in?" Because for one none of us know when it's the right time to invest besides all the time for bitcoin, and secondly none of us are financial advisors, so we shouldn't be directly telling you what to buy, that's a fomo mindset. Instead you should be asking "what's the general perception of this coin? How's your experience holding or staking, etc.?

Get into the mindset of research and study when it comes to this space. It's very complicated market right now (think of how overwhelming sending coins to an address, 2fa, and gas fees can be for a newbie) but if you do your due diligence you can make money. Take people's opinions and suggestions with a grain of salt and make your decisions with conviction!

Invest in what you think is a good investment, wanna chase a pump? Fine. Want to hold till 2025? Cool, as long as you understand all the risk associated and keep your emotions and impulses in check do you.


Last piece of advice, DONT BE GREEDY, BE PROFITABLE.:takedat:
 

Uitomy

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Rule Number One: worry about yourself.

I see a lot of "investors" on here sharing advice all of a sudden :russell::camby:
Yeah it's one thing to have a discussion but a lot dudes on here speaking to feverishly about their favorite or preferred project, I always try to speak in a way where I list what I'm into but I'm not going "buy this or you're fukked" cept for ripple, I don't suggest anyone invest in that because of the sec (but it makes for one hell of a trade lately)
 

Sad Bunny

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Yeah it's one thing to have a discussion but a lot dudes on here speaking to feverishly about their favorite or preferred project, I always try to speak in a way where I list what I'm into but I'm not going "buy this or you're fukked" cept for ripple, I don't suggest anyone invest in that because of the sec (but it makes for one hell of a trade lately)
Yeah its bad.

And I see some people really taking this advice seriously too.
 

#1 pick

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I tried to tell ya'll. DOGE had too many coins. It was already at it's peak. That coin was literally .003 a couple of months ago. 3 trillion coins, even with a robust market cap, you can only make so much on it.
 

Kenny West

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Yeah it's one thing to have a discussion but a lot dudes on here speaking to feverishly about their favorite or preferred project, I always try to speak in a way where I list what I'm into but I'm not going "buy this or you're fukked" cept for ripple, I don't suggest anyone invest in that because of the sec (but it makes for one hell of a trade lately)
:mjlol:
 
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