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Author Topic: Dogecoin is now being pumped with BTC  (Read 401 times)
rahmat86
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May 04, 2021, 09:54:51 PM
 #21

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

I'm really curious why Dogecoin is so popular among investors, when BTC goes down and Dogecoin goes up too? What are the advantages of this coin over other coins? I think if you mine Dogecoin it will make you rich
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May 04, 2021, 09:57:05 PM
 #22

maybe all will come back to BTC if the time comes, people say now is the alt season and as if it is all true because the conditions state that even the domination of btc is getting lower, but if the time for BTC will go up all the altcoins will probably go down simultaneously and let the the king to rise first.
This is a cycle that we're dealing with since the past trends, when the altcoin season is done BTC will take over again. What's happening with DOGE right now is pure of hype, and if you're not a risktaker you are missing the opportunity to make money with DOGE. You'd better to start analyzing DOGE now and join the pump and dump, in short term, you can have a good profit but of course I don't believe on holding DOGE for long term especially yearly, the supply of DOGE increases.
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May 04, 2021, 10:11:19 PM
 #23

I don't believe any pump in dogecoin is realistic. they are all balloon ascension. a coin that is doomed to fall sharply afterwards. because it does not have an infrastructure to take firm steps forward. no project. It is rising completely under the name of popularity. People prefer Dogecoin because of their interest in making money in the short term. Do not attribute the decline in bitcoin to the greatness of dogecoin.

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May 04, 2021, 10:11:44 PM
 #24

DOGE has no other utility other than for the fun purposes it was originally intended for. The strength of the DOGE coin holder community greatly influences other investors who understand the pump mechanism and also people who take part in FOMO. Taking center stage after Elon Musk's tweet, DOGE will continue to make headlines in various media which will actually make this dog coin more popular and more and more people buy.

Only bad news will be able to correct this overly over-priced DOGE.

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May 04, 2021, 10:27:05 PM
 #25

DOGE has no other utility other than for the fun purposes it was originally intended for. The strength of the DOGE coin holder community greatly influences other investors who understand the pump mechanism and also people who take part in FOMO. Taking center stage after Elon Musk's tweet, DOGE will continue to make headlines in various media which will actually make this dog coin more popular and more and more people buy.

Only bad news will be able to correct this overly over-priced DOGE.
doge hype in any media actually be the main reason why doge coin pumped alot. new investors start buying this coin , moreove they know elon often make tweet about doge, and most of them said it will go to moon or mars. doge advantaged by continuesly articles in any popular site and new buyer always come.

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May 04, 2021, 10:29:33 PM
 #26

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!
DOGE is very valuable today but if you are looking fundamentally, you'll realize that this is just a hype and a bubble will soon burst so better to exit with DOGE as soon as you made your profit because you can never know what's the future of DOGE especially it is being manipulated, and the hype of Elon will not last. After the altcoins trend, they'll start to buy Bitcoin again which can move the market into a new heights.
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May 04, 2021, 10:47:46 PM
 #27

Dogecoin was always on hype and it is under Elon Musk's influence.  It might be the reason for the sudden increase because recently Elon Musk tweeted the image of Doge barked to the moon.  We know how influencer he is that could be changed people's minds and those who follow him.  Social media hype had been always been there and probably you can ride this too to gain profit and wait when Elon Musk tweeted Bitcoin and either Dogecoin.

In other conclusions, when Bitcoin dominance will increase, it's most likely altcoins price will increase.  I saw not only Dogecoin was pumped, but also Ethereum.  This could be another reason.

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May 04, 2021, 11:02:43 PM
 #28

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

from the price of Dogecoin increasing at $ 0.1, so many people say don't invest in Dogecoin and you will be trapped, because the price will definitely go down very deeply, but until now the price of Dogecoin has continued to increase and has reached $ 0.6, so now we shouldn't hesitate to invest in Dogecoin,
because in my opinion Dogecoin already has a lot of support and of course that will make the price of Dogecoin definitely continue to increase, so $ 1 is an easy price for Dogecoin to reach, therefore don't let your doubts make you lose the opportunity to get profit from investing in Dogecoin.

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May 04, 2021, 11:12:00 PM
 #29

Truly a big hype that pushes the Dogecoin to pump up even if the leading coin btc is dropping. This would not affect without Elon Musk and Rapper Snoop Dog tweeted about the cryptocurrency. After this trend everybody should be careful and wise of making profit cause in no time it will drop as soon as whales starting to release.
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May 05, 2021, 12:24:06 AM
 #30

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!
Do you think doge will be able to reach $1? That would be crazy. And yeah, I am sure they are going to dump their dogecoin soon and get back into BTC. With BTC dropping right now, perfect opportunity for them to maximize their profit.
ETH seems to be doing good too. At least Ether isn't a joke coin (and getting pumped/manipulated) like dogecoin. Would be even better if people jumps back to ETH after dumping their doge.

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May 05, 2021, 12:28:00 AM
 #31

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

I agree, this is the typical definition of a pump and dump scheme, of course who wouldn't want to see your portfolio growing with Doge pump? But for sure, the price could go down anytime soon when smart investors decided to shift back to Bitcoin again.

Don't want to sound naive here, but when the price of Doge goes down hard, there are going to be a lot of bitching around from this community specially coming from newbies.

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May 05, 2021, 12:31:46 AM
 #32

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!
Do you think doge will be able to reach $1? That would be crazy. And yeah, I am sure they are going to dump their dogecoin soon and get back into BTC. With BTC dropping right now, perfect opportunity for them to maximize their profit.
ETH seems to be doing good too. At least Ether isn't a joke coin (and getting pumped/manipulated) like dogecoin. Would be even better if people jumps back to ETH after dumping their doge.

That would be crazy if Doge reaches $1.00, but who can't tell? The current pump was the effect of Elon Musk tweet and many are joining the hype even if buying on top. It's not the question if Doge can reach $1.00, the question is how big the crash is if suddenly the whales move out of the bandwagon and goes back to bitcoin for more profits.

There could be newbies being trap because they buy on the top and the only way to get out is to sell at a loss. And this is what all these pumpers are going for, trap those newbies and make more money for them.

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May 05, 2021, 12:46:33 AM
 #33

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!
BTC's dominance is decreasing and it just shows that people right now are selling their Bitcoin just to invest into altcoins.
Is this the start of the altcoin season?? I know that some believe that it is and some are not.

With regards to DOGE pumping, the integration of E-toro to DOGE alongside with Musk's tweet really made DOGE into the 4th highest coin in terms of market cap. DOGE right now is very hyped and if you are planning to at least invest into it then think twice or even thrice. We've seen it went up this day and the next day it will go down very hard and there are some big time whales out there who are holding a huge chunk of DOGE.

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May 05, 2021, 01:09:11 AM
 #34

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!
Nowadays Dogecoin is different because the community is so strong and Elon Musk is the main actor in the increase of Dogecoin. Currently, Dogecoin is most likely to reach the top 3 coinmarketcap with the highest volume, maybe Elon Musk will increase the price of Doge in order to be able to use Dogecoin as a payment tool to buy a car, Tesla, this could be the next surprise that makes Dogecoin more expensive than when the price of $0.6 could have increased much more drastically.
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May 05, 2021, 02:06:01 AM
 #35

maybe all will come back to BTC if the time comes,
This is the crypto cycle. So many demand were moving to the doge coin but they will be going back again to the bitcoin. This is happening so many times. People are FOMOing doge coin right now
that's just the matter of time until those who have bought doge will come back again. Once a big news for bitcoin will come soon and I'm sure migration will be happening from doge coin to the bitcoin.
Doge coin was a meme coin and it's getting manipulated by the whales. I hope we will see that asap

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May 05, 2021, 04:37:56 AM
 #36

It looks like most of the money is on Dogecoin now. It can be seen from the very high increase even the volume of Doge in the Binance market is almost 3x the volume of BTC, a decline will probably occur if the price of Doge will fall in the near future.
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May 05, 2021, 04:49:20 AM
 #37

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!
but still, the people who were holding Doge back at this time had a huge advantage. Doge's price is now more than half way to $ 1. well, i honestly think that it's impossible to see Doge achieve that. however, it is even now possible. Right now I really believe that in the world of cryptocurrency, in terms of price, anything can happen.

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May 05, 2021, 04:59:30 AM
 #38

That's what I have thought of as well. Most of the coins that are pumping are inversely related to the direction of BTC. I guess this could be a great indicator of what you could do next towards knowing that it has pumped. It's scary to think about when it will go down, but it could be rewarding to ride the wave as well.

It's close to reaching $1. I think it will be close to it but not that close then go back down around $0.2 I guess.

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May 05, 2021, 05:03:06 AM
 #39

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

It's too late. so many newbies have joined in the doge coin pump and the whaes have been giving them all very big profit.
The whales will never try to sell their doge coin for bitcoin again. People are strongly hodling both bitcoin and doge coins. There are lots of my friends owned bitcoin and doge coin.
The fact that the hype already made so many people thought that if doge could become the next bitcoin.

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May 05, 2021, 05:15:34 AM
 #40

The crypto world began to talk a lot about doges because the price was getting crazy over time ..
and many who invest in it ,, do not know later whether it will last long and can be valued at 1$/coin or vice versa..
I myself am a little afraid if I want to buy a Doge at this point, because the pump is very fast..Cry

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