04-16-2021, 11:21 AM | #21 |
White Earl
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Im so fucking stupid.
Lmaooo. Its up 200,000.00%
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04-16-2021, 11:38 AM | #22 | |
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Tbh what actually determines whether gambling at a casino is "stupid" is whether more people lose than the people who win. If you had a 95% chance of winning money every time you go to the casino, gambling wouldn't be stupid. Hell, it'd be stupid NOT to gamble. But that's not the reality, most people will end up losing and the house will always walk away with the money. That's why owning a casino isn't stupid. Technically, they're gambling with their money, too. They're doing the same thing you are, they just have a competitive edge that guarantees in the long run they're going to make more than they lose. There are people who got into doge early and can use this opportunity to make a big payout. I’m not mad at that, if you walk away not holding the hot potato and make money off it, more power to you. Do I wish I could get free easy money without having to know anything or do anything? Sure. Who doesn’t? There’s also people who see the shit skyrocketing and try to get in on the action and end up losing thousands. Just today, the price dropped from 50 cents to 35 cents in less than 10 mins. I assure you there’s someone who lost thousands of dollars in that 10 minutes. Possibly even someone who can’t afford to lose thousands of dollars. That’s why it’s stupid. There’s no inherent value in dogecoin as a technology, it’s not inflationary. Bitcoin, ethereum, other altcoins have real future prospects that in the long term may or may not become a national and worldwide accepted currency, and there are clear signs of the world moving in that direction. There are also clear signs of push-back from lawmakers that don't want to allow that to happen, which is a reasonable argument to not invest in crypto. You ultimately have to weigh the pros and cons and try to do research to better understand whether it's something that's likely to have value in the long-term which is a reasonable argument to invest in crypto. There’s a difference in “investing” because you see an inherent worth in the future of something versus buying some shit because everyone else is buying it and hoping it will make you rich without understanding it, that's just gambling. Don't think for a moment that there aren't groups of billionaires out there pumping and dumping dogecoin right now. They're the casino. They're the ones who decide when the value goes up and they're the ones deciding when it goes down. It's a pretty easy and obvious strategy. Buy a shitload of dogecoin, make the price skyrocket and everyone else hops on board because they see it skyrocketing and then they immediately sell off all their shares whenever they decide to. Key words, when THEY decide to. Then everybody else sells off and the price plummets because of knee-jerk reactions. Then they can buy it and drive it up, rinse and repeat. The average person doesn't have billions of dollars that make a significant impact on the price and can cause a big gain or a fast sell-off. That's why they're the casino, it's rigged in their favor. They're the ones with the power to manipulate the market. And because Doge has such a low value, it's a lot easier to manipulate than something like Bitcoin. The average person doesn't have the money to affect stock prices in that manner. So sure, you can go to the casino and win some money. If you do, that's great. It doesn't mean that going to the casino is a wise investment strategy, that's just how luck works. Last edited by Answer; 04-16-2021 at 12:36 PM. |
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04-16-2021, 05:05 PM | #23 |
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People will learn when they get stuck with the bag. Doge coin doesn’t even do anything. They don’t even have a finite supply of coin. They can make more whenever they want and drive the price back down if they want. It’s literally the dumbest investment ever unless you get out now.
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04-16-2021, 06:55 PM | #24 |
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Last edited by Aero; 04-16-2021 at 07:02 PM. |
04-16-2021, 09:17 PM | #25 |
White Earl
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I guess we will see. I vowed that i would not sell until it reaches 100.00 per coin.. im gonna ride it out. at this point.. If i lose it all then i lose it all. Ive already made my investment back. Im rolling off all profits now. If it hits 0.0, i still break even. So i aint pressed. I enjoy the volatility of it. Its one hell of a ride.
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04-16-2021, 10:35 PM | #26 |
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100.00? Yeah you’re gonna lose it all. But if you don’t care then more power to you.
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04-16-2021, 10:41 PM | #27 |
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Yea idk bout hittin no hundred lmao
I jus took some profits U must only got like a 100 bucks in there @White Earl lol |
04-17-2021, 02:59 AM | #28 |
White Earl
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Astronaut.
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04-17-2021, 02:49 PM | #29 | |
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Y3ah i lov3 doge.. but dont own any.. Take the profits n bail guys. This token has no use case tbh |
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04-18-2021, 12:48 PM | #30 |
White Earl
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By next payday it will go up again i GUARANTEE. @Cred ...diamond hands bruh. Just keep HODLING! You wont be dossapointed. I cant lie.. when we dipped i almost gave in. But i realised that yo.. when i started this i said i would give it at least til the end of the year to see how close to the moon we get and im standing by that regardless. Good luck bruh.
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04-18-2021, 04:25 PM | #31 |
White Earl
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Were back up! Gyeahh
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04-18-2021, 05:50 PM | #32 |
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Good thread love
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04-19-2021, 12:06 PM | #33 |
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I don’t get this stuff and I’ve never really tried to although I definitely had 5k to invest in this when things started.. but since I’ve researched it’s too late in the game.
I invest money and know my profit margins in guaranteed stuff. Illegal and as annoying to deal with as it may be. My boy is making a lot a money... a friend I work with and for... off flipping houses right now. I minorly invest because that’s all I have. Which obviously the housing market can fluctuate... but still even at the end of the day it’s a physical thing. You can’t hold a dogecoin in your hand... you can always sell a house. So when this fad or whatever wears out, which it will... come say something. But any of you who invested in it early and got lucky and made money, got for you I’m not hating.
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04-19-2021, 02:18 PM | #34 |
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Agreed. Got for you all
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04-19-2021, 02:41 PM | #35 | |
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Are you really deciding what’s real and what’s not by the ability to hold it in your hand? I assure you cryptocurrency is real. You clearly know nothing about it if you are making a statement like that. |
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04-19-2021, 03:59 PM | #36 | |
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I would rather say hodl onto projects that could seemingly have a long term effect. Dots, flow, amd Ethereum. Ive missed btc though should have had it when was less under a 1k. But many projects out there to bet on. |
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04-19-2021, 04:28 PM | #37 | |
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I don’t blame you for not reading it, but don’t comment if you haven’t. And yeah, me personally I prefer to have something of value in my hand metaphorically speaking.
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04-19-2021, 06:44 PM | #38 |
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Snoop Dogg invested in it. Must be a good.
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04-19-2021, 10:38 PM | #39 | |
White Earl
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Thats the most ignorant thing ive ever heard. Its never to late man. Find something you like and invest. Smh
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04-20-2021, 12:39 AM | #40 |
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Swear I went and put $25 on this right after I posted I'm already up 2 dollars. Lol
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