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Author Topic: Is May 8 the Dogecoin bubble burst date?  (Read 269 times)
mexite
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May 06, 2021, 05:04:36 AM
 #41

Doge has performed incredibly well when no one thought that the coin could pull its recent price surge stunts, no thanks to Elon Musk staunch support.

I really don't think that Doge would crash hard after May 8, though there could be price correction after the show, as long as Elon Musk still keeps talking and tweeting about it. He's got a global influence.
wajik-tempe
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May 06, 2021, 06:14:48 AM
 #42

I remembered the similiar things just like when ETH 2.0 date launch is announced, everyone is on the hype and buying the coins and when the day is coming, nothing happened and the price was likely to down. So i think when someone big influence people to buy a coin, the price will go high after the statement announced, but when the day is coming, the price will crash. But i think doge is still a good long term investment though
arifteguhr
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May 06, 2021, 07:36:54 AM
 #43

I have now sold my Doge asset for $ 0.48. Even though it has been increasing continuously, now I have reached the target I wanted. although there is little regret. Regarding the bubble that will occur, we cannot guess because the doge's movement has so many factors, one of which is influenced by Elon Musk, which is able to change market conditions in a short time. and later when bitcoin goes down it will also make prices go down

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KaliLinux
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May 06, 2021, 08:02:41 AM
 #44

Yes ,, this is the right way to own BTC by selling our DogeCoin. and I am very sorry that a few months ago I had Doge and squandered it. I never thought that Doge's price would increase like this ..
No regrets mate on any thing that I have let go. Like you I too had some Dogecoins that I sold off just some days before all this Dogecoin hype and I know for sure I would have made more if I still had them now but even when I sold, it was profits so no regrets and i seriously hope investors will watch the market closely for sudden downward price movement cos there could be a huge sell off.
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May 06, 2021, 08:31:44 AM
 #45

Well, I think anything can happen in the world of cryptocurrency and you might not expect that DOGE will go to the moon at 1 dollar making many DOGE hodlers very very rich in the process. Be prepared though because once the dump happens then you will not be prepared and all your hard earned cash converted to DOGE will go bust. I am not sure what Elon Mush intends to do with all his DOGE but he did mentioned that he wants to get funds for his Mars mission so I guess that is the way for him to get the funds that he needs. I put 10 dollars in DOGE now just for play since my 10 dollars is just a leftover amount in my exchange but lets see. I will be amused if that 10 dollars will become 50 dollars once the bull happens with the coin.

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