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Author Topic: Hype around DOGE  (Read 243 times)
AWMM24
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February 09, 2021, 11:03:06 AM
 #21

You can literally use any crypto exchanges for trading Doge but I don't advise touching this overprices shitcoin. The 10000 new Doges are generated on each block and each new block happens on every 10 minutes. Now think about it, how long will Elong keep pumping with so much high supply rate altcoin? The higher the marketcap goes, the lower chance of hitting high prices, in my trading experience. The each new block will increase the total supply and the new investors will get bust sooner or later.
yes im agreed with you. i think its just a little hype. but later on there is no future. Dont take it serious Doge fans this is only my opinion.

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February 09, 2021, 11:07:37 AM
 #22

I have been making good money with DOGE for several days in a row and I usually trade on the binance cryptocurrency exchange, since this is the highest quality and most convenient cryptocurrency exchange for me, it is also unknown when this noise around DOGE will fall and therefore while there is a chance we need to make money on it and therefore I am aiming right now at getting the maximum profit in trading on DOGE and so far it turns out very well and I hope Elon Musk will write something else about DOGE in social networks.
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February 09, 2021, 11:33:14 AM
 #23

Ain’t a fan of Dogecoin here despite that it does have its breakthrough. Dogecoin is simply a hype pump and dump meme coin with a strong community but with no real use case. My cousin who resides in the United States asked me yesterday about my thoughts on Dogecoin due to being influenced by Elon Musk and Mark Cuban, and I just simply said that it’s more than just a hype coin and not worth to hold for long term. Unless if you are a trend trader, you can take advantage of it and sell for profit.
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February 09, 2021, 08:39:01 PM
 #24

Yesterday I managed to make money on this coin by closing a short deal and going to bed. Today, the coin returned to the date I closed the deal. Interested in the opinion which exchanges you use to trade this coin and highlight their positive aspects regarding this particular situation. Thank you!

Something I like about altcoins in general is that you can use them to easily gain huge profit if you know where to look. Sure, you can also get burned by bad trade or altcoin crash. But still I'd say that diversifying assets is generally a good strategy and have worked greatly for me.
That's why I've bought some DOGE on EXMO just to add it to my coins portfolio. While most of my crypto will always be in bitcoin, giving in to that hype and buying some DOGE was a good idea imo.
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February 09, 2021, 11:18:20 PM
 #25

I am using bitforex right now and it made me amazed with their support despite of maintenance happening, they'll able to made my trading successful from previous days I had with their exchange site.

TBH, bitforex was a crap exchange site dude and why? it's still using the manual withdrawal for its transaction and users must have waited a very long time to see their withdrawal will be accepted by admin.
Imagine when it takes a few days for you to withdraw your money. I have been seeing someone has been making a complaint as his withdrawal has not been confirmed more than 2 days.
This exchange site is also full of manipulation.

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February 10, 2021, 03:03:07 AM
 #26

Dogecoin is in the hype right now, so I think the time is right to trade Dogecoin. I usually use local exchanges to be able to trade Dogecoin,
in order to trade Dogecoin with my country's fiat pair. It was amazing how much influence Elon Musk had, what kind of hype around Dogecoin.
Even yesterday Dogecoin hit the new ATH price, so those who have bought Dogecoin can sell your Dogecoin at the current price. Don't be too
greedy to get profit, if the Dogecoin price corrects, we can buy back Dogecoin at a cheaper price than it is now.

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February 10, 2021, 03:18:47 AM
 #27

you could have profited twice if you made another deal few hours later after your first deal but nope because you go to bed early but what you did was also right because you are prioritizing your health by sleeping early and why need to look for another exchange when your already doing fine on the exchange that your currently using . its the time that you need to add/extend if you ever wanted to earn more but make sure to nourish your self properly and take vitamins to protect your health.
deathcode
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February 10, 2021, 05:15:13 AM
 #28

you could have profited twice if you made another deal few hours later after your first deal but nope because you go to bed early but what you did was also right because you are prioritizing your health by sleeping early and why need to look for another exchange when your already doing fine on the exchange that your currently using . its the time that you need to add/extend if you ever wanted to earn more but make sure to nourish your self properly and take vitamins to protect your health.
It seems a shame to skip the market pumps. whatever the reason he must feel sorry for missing it. but why doesn't he sell his coins for a certain price and he can go to sleep? the most important thing is the initial planning of how much he will sell it. unless he is in a trade and leaves the market without first securing the value of his assets. that's a mistake.
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February 10, 2021, 06:26:28 AM
 #29

Most of the exchanges at this moment I think are accepting DOGE pairs.

Now regarding to the hype of DOGE, it is the effect of Elon Musk tweeting something about it. We've seen it pumped really hard and at one time it went up as high as 800%. I know that there are many people who got profit in this DOGE hype but one negative news that I saw in social media is this one trader who lost ~$10,000 by shorting DOGE. He didn't expect that it will go up that high and got liquidated.

DOGE is a meme coin and will always be. It might be a pump and dump coin just like XRP.

 
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February 10, 2021, 07:05:47 AM
 #30

Every altcoin pumped, there is always one interested party behind the incident. Tbh, I don't want to take the risk of holding doges with a load of worry all the time because the big players can throw it all away in no time. Yes, this is an unhealthy increase in price.

At the moment, the doge's trading volume has decreased by almost 30% with the price down 7.5% in the last 24h according to cmc. Please pay attention to this sign.

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sgenuine
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February 12, 2021, 06:54:45 PM
 #31

Doge is now spoken and written literally everywhere. But to be honest, there is no trust in such news. I perceive what is happening as a chance to make money for those who managed to enter Dogecoin on time and are now withdrawing profits. But how long all this euphoria will last is not known, and what to expect in the future is not clear.  Undecided
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