I believe that if dogecoin is acceptable for purchasing tesla, it's a plus to the usecase of dogecoin. We mostly have the impression that dogecoin is a joke, but this could change if Elon musk begins to play by what he says. Dogecoin could garner more value than most cryptocurrency with usecase.
To tell you truth i wish if Elon Musk could make more tweets about the dogecoin and it pumps. The reason is that i bought some dogecoin near 60 cents and i don't want to sell them at the loss. Once, I am at break even, i will sell my dogecoin and will never buy back again. |
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In my opinion, ApeSwap is a project with bright ideas and they are different from PAncakeSwap. however, I still doubt if ApeSwap replaces PancakeSwap
ApeSwap is a promising project but once thing concerns me that recently it pumped to over ten dollars and now it is dumped to around four dollars. Why there is so much dump in its price ? I agree that all the altcoins are dumping in the market but we do not see more than 50% dump in pancakeswap and other coins  |
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I don't think the same. I prefer Elon Musk than McAfee. because the Elon Musk effect more influences new people to use crypto so that the price of crypto has a higher value as it is now.
Both Elon Musk and McAfee are not good for the community when they spread negative news and rumors about bitcoin. However, there are many new people who come to the crypto space due to these people but they will quit quickly seeing these negative tweets as mostly newbies are the ones who have weak hands. |
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The market corrects whenever it reaches the point where people are buying and selling based on tweets. Those corrections didn't matter a year or two later. Bitcoin is bigger than any individual or corporation. How many posts have we made where we "should have bought" something for $200 or $1,000? Is it really $3000? a thousand dollars?
These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you're going to sell anything based on one man's tweets, you might as well purchase something else.
HODL
Usually people forget about the previous dumps where the market recovered after being dumped 40-50%. The experienced traders and investors will not panic in these times. There has been bigger dumps in the history of bitcoin and there was not a single time when bitcoin not recovered. Be patient and holding is the key to ultimate success. |
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But in that episode the producers wrote a message on screen saying they know who Satoshi Nakamoto is  Do we have any episode of Simpsons which showed the highest price of bitcoin ? Since many things shown in that cartoon series become true i would really like to know what will be the highest peak of bitcoin  |
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We entered a bear market earlier than expected
The prices won't go up anymore from now. People say Elon control the Dogeocin market. But he controls Bitcoin at the same way.
No one can control the bitcoin or the dogecoin (unless Elon Musk bought more than 50% of the dogecoin) Market and bitcoin prices will also go up. This is just a temporary phase which will fade away with time. If you sell in this fud and fear time, you will regret a lot in the future. |
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How come almost on-one didn't bat an eye when Elon was pumping BTC by tweeting about it? In fact people were encouraging him to tweet about BTC or doge, and now it's suddenly market manipulation and potentially illegal when he is tweeting shit about it and it's going down?
I never think that bitcoin should be dependent on one man tweet. He tweets positively about bitcoin and market pumps. He tweets negatively about the dumps and the market dumps. That's not how the market should behave and react on his tweets. This is not good for the overall crypto. The market should grow naturally without any single man influence. |
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Are we in the last week of this campaign or it will be extended again ? I wish it shall be extended  |
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Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...
I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.
There it is, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla car in my life even if they will accept carrots as a form of payment (which are environment friendly of course).
Tesla cars are already too much expensive to buy He wanted to stop accepting bitcoin for tesla and he used a baseless argument to quit bitcoins. Tesla shares are going down since the day he has done this tweet. |
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at op thanks to your encouragement I just purchased $300 usd worth.
I will buy $300 more in the morning.
and I will continue to buy as it drops 💦.
The name of the game as always is buy the dip and hodl.
Yes, these dips are the perfect buying opportunity which most of us failed to understand. Bitcoin may jump from 48,000$ or it may jump from 42,000$ , it does not matter much if we are here to hold for long term. Think if someone bought bitcoin at 17,000$ or 19,000$ does it make any difference today ? |
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maybe this is a bit excessive and too raised about this bitcoin. what I can see for now is that the government is strictly prohibiting bitcoin on the grounds of money laundering, terrorist financing etc, but they are willing to impose taxes on crypto. from here alone we already know the ulterior motive. they want to take advantage without risking loss.
This has been ongoing for last few years but nothing much have changed. Government are unable to pro prohibit crypto and also they are not able to regulate it and put taxes on crypto. However the adoption of bitcoin keeps on increasing despite the fact that it is not legal in many places. |
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I think what is happening right now is "alt season". The dominance of BTC is getting a serious hit but till when..? That is the question.. I think 40% will be a crucial resistance to cross and we might see some bleeding as we're seeing more red in Bitcoin too.
Bitcoin dominance may dip further to 35-36% but it will not move further down as per the historical data. This means that altcoin don't have much room to grow now and anytime we may see the bitcoin dominance increase which may temporary pause the altcoin season. Need to keep an eye on bitcoin dominance. |
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The main reason why a coin increase is because of demand due to it's use case. But what Elon musk is doing with Doge is caused shilling. He is shilling the coin and it won't last long. Doge could actually increase well without Elon musk tweeting it.
There is no use case of dogecoin unless elon musk start accepting it for the tesla. The reason for the dogecoin pump is only elon musk. If he stop shilling this coin, we may see this coin die within no time. |
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I don't know whether it is the right thing to compare Elon Musk to McAfee. But I'm sure about one thing that one of Elon Musk's goals was definitely manipulating. I think the same for Dogecoin and the action Tesla has taken about Bitcoin mining also.
I also think that what Elon Musk has done so far in support of crypto is simply to manipulate prices. Because rich man like Elon Musk are also interested in making profit from cryptocurrency. After several months of giving positive statements regarding crypto, now suddenly has a negative statement. The difference in attitude is clear that Elon Musk wants a market dump, and he can buy crypto at a low price. No one can know exactly what are his intentions when at one side he is saying bitcoin to be bad for the environment but same time asking developers to improve the doge coin to be more efficient. If the intent is to make doge coin more valuable then i don't think this could be healthy for the overall crypto market. |
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I smell another John McAfee parody with this meme coin and Elon musk chilling all other the internet, the guy will end up losing his respect and people who aren't wise at making decisions will end up hating him, John McAfee used to chill crypto projects forcing the unknown to rush and buy well Elon Musk is the John McAfee Part 2
You're 100 right in your observation. Both Elon Musk and John McAfee used their popularity to get benefit from the people. If they would have care about the community, people would have remember them in good words. People hate John McAfee and now showing same reactions to Elon Musk. |
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I think that it could be still a good choice to HODL some Dogecoin. To be honest, Dogecoin is really close to a shitcoin to me but it is not totally like that. Elon Musk is still doing the best he can to pump the price. It's $0.52 right now and I'm pretty sure that we will see it reaching $1 at least. It can happen even in this year.
Elon Musk still playing with this coin so you can still buy and hold at your own risk. Investment inside this venue of business relies with how you can analyze the situations, it's tough to make a call if you are unsure with how you will react once the market move against you, though most of those who can overcome fears are able to gained decently. I am not holding doge right now but i am interest to see what Elon Musk will tweet next about doge coin. He has quit bitcoin for the time being but does that mean he will be accepting doge coin instead ? |
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The idea I did is invested like small money (50$) in some small coins... And you really need one to do good. I got 20k Doge couple of years ago for some change money and look how good it did. But most of those coins don't do well, have that in mind.
Wow, this is amazing, because with 20 thousand Doge coins at this point someone can become a very rich millionaire, because in the past Dogecoin was really not worth anything at all so many people throw away Dogecoin without saving it at all. The mistake which most people made is that they invest more in the low volume coins and if the coin did not perform well, all their investment is at a risk. If these low cap coins dump, its really hard for them to recover. Low cap coins can give you good return but invest very little portion of your money in them. |
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Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?
There is no late time to invest in cryptocurrency, but don't choose the wrong cryptocurrency to invest, because you can lose your money, therefore if you want to invest in cryptocurrency at this time, then you better invest in cryptocurrency that is already popular and have a product, because the price will definitely continue to increase and of course in the future you will definitely get profit, then cryptocurrency that I recommend for you to invest in the long term is : 1. Bitcoin 2. Ethereum 3. Binance 4. Uniswap 5. Polkadot it is a cryptocurrency that I recommend for you to make a long-term investment, because the price will definitely continue to increase and of course the risk is smaller. Invest in the above coins and you will never lose your money. However, many newbies invest in shit coins thinking they could 100x their income. Few of them might be lucky, but most people will end up losing if they invest in low cap coins. |
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Finally someone says it! Believe me there are so many so called "TA experts" whereas everybody with some (academic) background knows that TA is BS. One reason is the time the market has been around and a second reason is that the past is a bad indicator to correctly predict the future. I mentioned two years because it sounds to be a reasonable time horizon to have a fair chance to not find yourself in the middle of an ongoing crash at least at some point in time. But, and this is a big but, you never know. Can be the same problem in two years as it might be in six months.
I wouldn't go so far as to call it bs, what's BS is that you can swear by it and use it as a completely reliable tool -- it helps and it confirms, and it identifies possible opportunities, but I think the TA I enjoy the most is by those who know what the real deal is with it. Helpful, informative, and entertaining (I admit, I do indulge every now and then cause it's fun to fantasise haha). I do point out the market's still far too young to build proper TA too -- 2013/14 if you want to be lenient, is still 2 years away from completing a decade's worth of data. The problem with TA is that it doesn't capture the extremes at all. If you take the price decline in 2018 from 20k to - I don't recall exactly - let's say zero for the sake of explanatory power  Do you remember how many TA experts were wrong until we finally hit rock bottom? They corrected their analyses on an hourly basis. Last year start of the pandemic when markets out of a sudden moved to ATHs? I don't a single TA expert who said we are going to have record highs at the peak of the pandemic. What did TA do in 2007? Or 2000? If you rely on TA and don't have a trading strategy like selling some here and there and not buy in again catching a falling knife, you'll lose everything. I know that's what you basically said that TA is just one tool of many, but there are people out there who follow these TA gurus because they talk as if they had a crystal ball but can actually show a convincing fake crystal ball in the form of their computer screens (which are - you may guess - not a crystal ball). Technical analysis is not a future teller. It will just suggest the support and resistance and you can short and long based on the TA. To get the complete picture we need to add fundamental analysis and sentimental analysis along with TA to get a better picture but then again no one can predict the exact future. |
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