[DOGE] Dogecoin looks ready for a little gamble

[Pamadar]

I just put a  little  money in that coin, the chart looks like it follows to the perfection the infamous "Wall Street cheat sheet".

Just compare and think what could happen around next summer?

Till next summer? I guess you might have adopted dogecoin for long term plans but I guess most people here are having only for short term trading plans with dogecoins. Still I agree that you may go with those chart pattern recognition which will be definitely helpful on identifying where market will turn. If you are good in technical analysis then definitely you will become highly successful with any reputed coin and not just with dogecoins. So, those wall street cheat codes are just part of general technical analysis hence you can make use of them for any coin and even for short term trading as well.

Tike Myson has held from 2017, he has already made a fortune now if he did not sell his DOGE early. one can acquire 1 million DOGE for only 1000 USD in 2017 and could sell it at $1 million if DOGE will reach $1 soon, that is a life-changer, a real fortune for us if we decided to hold this long.

Wow! if he's not affected of any movement since then, that conclusion brings him a life changing fortune.

Doge are being work out by MUsk and his followers, chances that it will hit $1 is really possible, by looking at it now, the current value
is more than $.6 almost there if OP are aiming to get to that range from the beginning of his journey.
Though there's no sure decision here as there are lots of pump and dump since 2017, there are movement from this coin.

[LUCKMCFLY]

Well now Doge is in a tonic of very soon making a good bullish move, because Elon Musk is making some very good plays, now with his appearance in Saturdary Night Light where he will surely have his pseudonym as DogeFather:

Despite various concerns, Musk could boost Dogecoin prices even further. While Musk’s promotion of the coin on Twitter has brought the coin to the attention of his 53 million followers, his SNL appearance will help Dogecoin reach another 9 million cable viewers.

Source: https://cryptobriefing.com/will-elon-musks-snl-appearance-boost-dogecoin/

Maybe it's a good time to buy Doge, now for May 8 anything in favor of Doge can happen.

[Botnake]

Well now Doge is in a tonic of very soon making a good bullish move, because Elon Musk is making some very good plays, now with his appearance in Saturdary Night Light where he will surely have his pseudonym as DogeFather:

Despite various concerns, Musk could boost Dogecoin prices even further. While Musk’s promotion of the coin on Twitter has brought the coin to the attention of his 53 million followers, his SNL appearance will help Dogecoin reach another 9 million cable viewers.

Source: https://cryptobriefing.com/will-elon-musks-snl-appearance-boost-dogecoin/

Maybe it's a good time to buy Doge, now for May 8 anything in favor of Doge can happen.

If there's good news, then we are heading to 1 USD, it's not impossible with this recent hype and Elon is continuously marketing DOGE that's why his supporters are not leaving DOGE. There's even a possibility that DOGE would replace ETH on the number 2 spot and could be the king of altcoins... however, I believe it will just be very short-lived.

[btc78]

haha a little gamble? indeed this coin is famous for a long time as the PUMP and DUMP coins,
but it all ended when Elon Musk became one of the people beside him Doge, it is funny to see many people who used to not believe in DOGE to $ 1,
and now this has turned into complete trust , OK, let's see if DOGE reaches $ 1 or goes back below $ 0.1

Does Doge already reached 1$? not yet so there is nothing to Turning into complete trust , We doge holder are still having precautions because any time things might changed and the bull will become bear.
Look at the price now https://coinmarketcap.com/currencies/dogecoin/  It fells down again to 62cents after reaching 70+ cents yesterday.
If this will be the trend then maybe by this Month 1$ is indeed reachable .

[Gekkoo]

Does Doge already reached 1$? not yet so there is nothing to Turning into complete trust , We doge holder are still having precautions because any time things might changed and the bull will become bear.
Look at the price now https://coinmarketcap.com/currencies/dogecoin/  It fells down again to 62cents after reaching 70+ cents yesterday.
If this will be the trend then maybe by this Month 1$ is indeed reachable .

Well, not having reached $1 demonstrates that this DOGE appreciation is not simply a pump of whales. The $1 value is magical and would mean a lot to many other coins as well. Many old coins want this type of price, but they never had any opportunity or space for recognition, maybe DOGE is a kind of portal for these coins.

[aprilnot]

By May 8th there will be a lot of speculation for Doge, the biggest one is doge can reach 1 $ when elon appear on SNL later. I think this is normal since he is the one who most loudly promotes doge. so if when he speaks in public there will be many who will be affected. but what worries me is afterwards. whether the doge trend will continue or will a bubble burst.

[sapnu]

I just put a  little  money in that coin, the chart looks like it follows to the perfection the infamous "Wall Street cheat sheet".

Just compare and think what could happen around next summer?

Anyone in?

 

It was very clear how people saw Dogecoin way back many years ago as a dead coin. We can see how essential time is for crypto. Before, its value vividly seems to be something that would not make it even at $1 but now it made it with the help of Elon Musk's advertisements of it on twitter. Just like how it happened with bitcoin before, even though we cannot really compare bitcoin to dogecoin, it started with a very low price and many doubtful minds but look how far and how high bitcoin has gone, it is really sensational isn't it? So it's not a bad thing to take a gamble on a coin that was once deemed as dead but now is very much alive in the market.

[Chato1977]

I just put a  little  money in that coin, the chart looks like it follows to the perfection the infamous "Wall Street cheat sheet".

Just compare and think what could happen around next summer?

Anyone in?

 

Congratulation Mate for making a Multiple folds profit now as for sure you keep holding your Dogecoin up to now?
I have some doge that I earn from Faucet  last year and lucky because for a Peanut , now my holdings become 4 digits , imagine from almost nothing now i can say that it is really Money?

[viananda2525]

By May 8th there will be a lot of speculation for Doge, the biggest one is doge can reach 1 $ when elon appear on SNL later. I think this is normal since he is the one who most loudly promotes doge. so if when he speaks in public there will be many who will be affected. but what worries me is afterwards. whether the doge trend will continue or will a bubble burst.

we will see what is elon musk talking about in this SNL. if he talk positively about doge, i am sure its price will keep climbing , and $1 not enough to stop it. market will give their response when they know the elon's summary. i am prefer to out for a while becausse it will be very volatile.

[LUCKMCFLY]

Updated:
The price of Doge so far in the short term has decreased, it has been falling almost 5%, although many are expecting a big bullish jump, the market for Doge is doing the opposite, is it a small scare? maybe they are lowering the price a bit to buy cheaper?

DOGE is neither bullish nor bearish at the moment. However, the selling trading volume has decreased, which means that bulls might retest the resistance at $0.57 shortly.

Source: https://u.today/btc-eth-xrp-and-doge-price-analysis-for-may-12

Of course, this behavior is short-term, but at any moment any movement can happen, everyone wants to see Doge at 1USD, you just have to know how to wait.

[brooksby]

I just put a  little  money in that coin, the chart looks like it follows to the perfection the infamous "Wall Street cheat sheet".

Just compare and think what could happen around next summer?

Anyone in?

 

I don't want to talk about the work if the train's brakes fail.  Lol, Elon Musk's ability to create fomo couldn't be more amazing.  I do not support Doge in such a direction.  But in itself it seems to bring great excitement by the community.  The parade will end soon.  Left behind the scenes "trick of the century"!

The parade won't end if Elon Musk remains one of the richest guys, if not very soon again the richest guy in the world.

Considering when this thread was opened, the OP was very right about saying that DOGE is ready for a little gamble. Who back then would have thought that even someone like Elon Musk might be on board so to say roughly four years later.

It shows the considerable progress DOGE underwent in the last years, symbolic for the whole industry and most of us expected it to happen.

Yep this thread was posted in 2017 and he'd seen the future for a moment and then put money in Doge. What he might have foreseen is that when it spiked a bit since 2017 bull run, it could also shoot up when the bull market starts again after years of bear. And its true because the cycle still continues because its never going to die. A $1000 of Doge back in 2018 could really make you a ton of money this day.

Well what can I say? I can't argue the opposite as obviously as anyone can see Doge went up big time. But we have to remind ourselves how that happened. There were unforeseen circumstances involved. The pump this time was nowhere realistic to ever happen if Elon Musk didn't show up.

[mig6r]

Who knows what Elon will be doing next. He is now making fun on twitter about dumping BTC but at the same time he wants to work with DOGE devs. Crazy.

[raji1995naya]

Doge is a well-known and entertaining currency, and I've always followed its news and gossip. The biggest issue is a lack of supply; there are individuals who own more than 200 million doge, the economy is citrus, and one of Doge's main roles is to act as a transaction intermediary. Elon is now joking about dumping BTC on Twitter, but he still needs to collaborate with DOGE developers.

[TomArayaSlaya]

If you want to play doge coin thats absolutely fine but seriously meme coin can be an absolute chaos sometimes so my best opinion is stay away from memes especially with the current volatile market Any bad move and those coins are the first to dump heavily so trend carefully friend