Current Events > should i cut my losses and sell my dogecoin

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Darmik
01/31/21 6:28:01 PM
#251:


Tbh you should probably just sit on it and forget about it until people start getting hyped over crypto again in a year or so. Then sell when people buy in and you're hopefully at a profit. Dogecoin is probably always gonna be one of those coins people will buy because of the name even if it has no chance of being huge profitable.

Either that or take it more seriously and actually make the effort to sell at profit, buying some other crypto that's rising, sell at profit etc.

When you're buying in when the mainstream is all excited you're likely too late anyway.

I bought like $100 worth of ETH and some other crypto a couple of years ago and I think I've only gained back $80 currently lol (thought it was lower actually so not too bad). Looking up at the history it went down to $20 at one point lol. Would have made decent money if I spent the $100 then. But that's how these things are.

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yunalenne10
01/31/21 6:41:05 PM
#252:


Rika_Furude posted...
do I really strike you as financially responsible and an expert crypto analyst

I basically gambled $1000 and didnt expect people to get so mad about it
Mii~... Okay...

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Rika_Furude
01/31/21 7:03:03 PM
#253:


yunalenne10 posted...
Mii~... Okay...
Although in my opinion it will probably go up at some point soon so buy some doggy coins today

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Sheiky-Baby
01/31/21 7:04:09 PM
#254:


Don't take financial advice on CE, tc. ffs

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yunalenne10
01/31/21 7:07:38 PM
#255:


Rika_Furude posted...
Although in my opinion it will probably go up at some point soon so buy some doggy coins today
Yay, that's what I want to hear! Thanks. Nipah~!

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MarthGoomba
01/31/21 7:10:48 PM
#256:


If I had $1k to put in Crypto I'd be putting it into ETH2 staking pools
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The Trent
01/31/21 7:12:59 PM
#257:


MarthGoomba posted...
If I had $1k to put in Crypto I'd be putting it into ETH2 staking pools

Go on...

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Rika_Furude
01/31/21 10:20:56 PM
#258:


If dogecoin goes down on Monday doesnt that spell its doom? For now anyway

with all its hype etc, dogecoin could be at its highest possible tomorrow right?

although its pretty hyped now, yet nobody is buying

if it goes down, whats the point in holding since its done and dusted?

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Number090684
01/31/21 10:22:33 PM
#259:


lmao You so funny Rika.
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KID VID
01/31/21 10:24:07 PM
#260:


How much have you made now?

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Rika_Furude
01/31/21 10:26:17 PM
#261:


KID VID posted...
How much have you made now?

still down $315 but people keep saying Monday is showtime so thats when Ill make the big bucks

its a better position than being down $600 yesterday

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Returning_CEmen
01/31/21 10:27:43 PM
#262:


You guys should have been investing in XRP and TRX not this bullshit token
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MabusIncarnate
01/31/21 10:27:46 PM
#263:


Rika_Furude posted...
If dogecoin goes down on Monday doesnt that spell its doom? For now anyway

with all its hype etc, dogecoin could be at its highest possible tomorrow right?

although its pretty hyped now, yet nobody is buying

if it goes down, whats the point in holding since its done and dusted?
Stop thinking so short term and just sit on it. I'm talking like pull out a decent profit in 5 years sit on it. People panic selling is why it's sitting stagnant and barely moving. Don't even look at it after tomorrow for a year, forget it exists. Obsessively monitoring will drive you nuts.

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Rika_Furude
01/31/21 10:29:41 PM
#264:


MabusIncarnate posted...
Stop thinking so short term and just sit on it. I'm talking like pull out a decent profit in 5 years sit on it. People panic selling is why it's sitting stagnant and barely moving. Don't even look at it after tomorrow for a year, forget it exists. Obsessively monitoring will drive you nuts.
The last part of your post is true, but I also see it this way. If its going to rise tomorrow and tank the next day, Id rather sell at a profit and then buy it back for pennies. Think of all the potential money Id lose if I didnt do that

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ssjevot
02/01/21 12:53:46 AM
#265:


Dogecoin has an infinite supply, it is more inflationary than most crypto (some actually isn't mined and already has all coins in circulation) as such the idea that you will sit on Dogecoin and then it will go up really high is pretty spurious. The supply continuing to increase limits the amount it can increase in price.

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Rika_Furude
02/01/21 1:12:12 AM
#266:


ssjevot posted...
Dogecoin has an infinite supply, it is more inflationary than most crypto (some actually isn't mined and already has all coins in circulation) as such the idea that you will sit on Dogecoin and then it will go up really high is pretty spurious. The supply continuing to increase limits the amount it can increase in price.
That makes it bad as a currency but what about as a get rich quick scheme

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ssjevot
02/01/21 2:03:53 AM
#267:


Rika_Furude posted...
That makes it bad as a currency but what about as a get rich quick scheme

Actually it's the opposite. That makes it good as a currency, but bad as an investment. For a get rich quick scheme, you're the bag holder, you bought it from the people who got rich quick.


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Rika_Furude
02/01/21 2:32:16 AM
#268:


ssjevot posted...
Actually it's the opposite. That makes it good as a currency, but bad as an investment. For a get rich quick scheme, you're the bag holder, you bought it from the people who got rich quick.
Uh oh

but what about wave 2

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Turtlebread
02/01/21 2:38:32 AM
#269:


tc I hope you remember me when youre a billionaire

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Rika_Furude
02/01/21 2:49:43 AM
#270:


Turtlebread posted...
tc I hope you remember me when youre a billionaire
Ill remember everyone who didnt bully me
and if I was a billionaire that would be a good thing

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Conker
02/01/21 2:58:36 AM
#271:


Bully you?

Most people tried to give advice when you asked questions, then you ignored everything people recommended and were surprised. Then you continued to do it again after saying you were losing out so people starting joking instead of being serious. Not sure what part of that was bullying.

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Rika_Furude
02/01/21 3:01:41 AM
#272:


Some people itt got overly nasty, but that isnt the only bullying Im talking about. Im mainly talking about outside this topic

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SolidShadow3
02/01/21 3:05:33 AM
#273:


Rika_Furude posted...
Some people itt got overly nasty and hostile, but that isnt the only bullying Im talking about. Im mainly talking about outside this topic
*bullies TC really hard*

Gimme ur lunch money you insect!

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The Trent
02/01/21 5:05:29 PM
#274:


MarthGoomba posted...
If I had $1k to put in Crypto I'd be putting it into ETH2 staking pools

@MarthGoomba

go on...

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Parappa09
02/01/21 5:08:03 PM
#275:


if you want to jump onto the next wave of crypto then go for UNI, ADI or LINK

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SCCAN85
02/01/21 5:57:58 PM
#276:


Doge seems to have a new floor of .03

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Ving_Rhames
02/01/21 5:59:07 PM
#277:


Rika_Furude posted...
Some people itt got overly nasty and hostile, but that isnt the only bullying Im talking about. Im mainly talking about outside this topic

D: we coo?

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Reis
02/01/21 6:01:05 PM
#278:


free rika
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Ving_Rhames
02/01/21 6:04:15 PM
#279:


o wtf

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Darmik
02/01/21 6:08:04 PM
#280:




I'm guessing you'll be waiting a while for people to get on the meme train again.

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Darmik
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Parappa09
02/01/21 6:15:06 PM
#281:


Darmik posted...
I'm guessing you'll be waiting a while for people to get on the meme train again.
i didn't see the A$ and also i thought that was a 24 hour graph

so i read that as it hitting 10c sometime today lol

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MarthGoomba
02/01/21 10:21:35 PM
#282:


The Trent posted...
@MarthGoomba

go on...

It's just locking away your ETH for a while to earn a % of more coins every year

Rocket Pool should be out soon for it
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#283
Post #283 was unavailable or deleted.
SCCAN85
02/03/21 9:15:04 PM
#284:


Seems to be steady just under 4 cents

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Rika_Furude
02/04/21 1:33:17 AM
#285:


Reis posted...
free rika
Im back baby

my INVESTMENT ISNT THOUGH

i was told Monday would be the day I become rich :((;

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BobLoblaw_
02/04/21 1:44:42 AM
#286:


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Darmik
02/04/21 1:47:39 AM
#287:


If you paid for literally any other cryptocurrency people have heard of you would have already made money.

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Darmik
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Rika_Furude
02/04/21 2:31:03 AM
#288:


Darmik posted...
If you paid for literally any other cryptocurrency people have heard of you would have already made money.
Ikr. I was a newbie and gamefaqs took advantage of me, which is immoral

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Turtlebread
02/04/21 3:37:17 AM
#289:


@Rika_Furude how are you doing now

you should nearly have covered all your losses from this rally

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Rika_Furude
02/04/21 3:45:49 AM
#290:


Turtlebread posted...
@Rika_Furude how are you doing now

you should nearly have covered all your losses from this rally
not yet. including the transaction fee if i sold my dog coins im still down over $100 bucks from my initial $1000

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Rika_Furude
02/04/21 3:48:50 AM
#291:


ah wait, still going up. im getting close to my initial investment im 67 bucks away from a 100% recoup

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Number090684
02/04/21 4:51:57 AM
#292:


Rika_Furude posted...
ah wait, still going up. im getting close to my initial investment im 67 bucks away from a 100% recoup

Glad it seems you're going to recoup at least.
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Webbernet
02/04/21 5:00:07 AM
#293:


So how do I buy doge coins anyway I dont get crypto

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Deja Blue 03
02/04/21 5:01:26 AM
#294:


Webbernet posted...
So how do I buy doge coins anyway I dont get crypto

The evil Robinhood app sells it

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indica
02/04/21 5:05:36 AM
#295:


@yunalenne10 Just got to say that I love your sig

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Webbernet
02/04/21 5:08:55 AM
#296:


Deja Blue 03 posted...
The evil Robinhood app sells it
Right up until it becomes profitable?

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ShyOx
02/04/21 5:24:50 AM
#297:


Just take the loss and invest in something good Rika.

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Rika_Furude
02/04/21 5:25:10 AM
#298:


ShyOx posted...
Just take the loss and invest in something good Rika.
like what

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Parappa09
02/04/21 5:28:26 AM
#299:


ADA
LINK

but also look at some other stuff too

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Rika_Furude
02/04/21 5:51:12 AM
#300:




shit dude, just 10 more dollars and my investment is recouped

but, should i wait even longer and try to make a profit, however small...
apparently they are doing a rally tomorrow/today US time?

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