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Author Topic: At this bullish season, bullish person is always right?  (Read 333 times)
Ziskinberg (OP)
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May 07, 2021, 11:24:56 AM
 #1

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.

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May 07, 2021, 11:31:12 AM
 #2

Yeah doge is probably a bubble, I'm surprised it hasn't been 51%ed yet to be honest...

I think the good thing about doge is it mightve forced people to use crypto exchanges to use it (and they might have bought btc and eth too).

Eth is another one that's doing well and kinda makes me think bitcoin is nowhere near its top yet. (I think eth would fall back to around 0.04 at least before btc gets able to take off for its last time this cycle).
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May 07, 2021, 12:23:16 PM
 #3

Doge has never been a garbage coin before, I recalled it has marketcap of over $200 million or more when its price was at its lowset in 2020, it is not a shit coin.

This is altcoins season, that is why the price of altcoins are increasing, but the bear season may still come, this will really be dawned on altcoins.

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May 07, 2021, 01:20:26 PM
 #4

Doge has never been a garbage coin before, I recalled it has marketcap of over $200 million or more when its price was at its lowset in 2020, it is not a shit coin.

Doge "was" a meme coin and It was considered as shitcoin way before It reaches It $200m and has no real use cases but a joke. But the joke coin catches people's attention as the name Doge was a very popular meme way back in 2013-2014.



So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit? 

I guess the Fomo and influence from the well known rich people is far more effective than listening to the experts in this current market situation. Everyone is riding on the hype.
Though I somehow believe Doge will reach $1 in value, but at the same time I think people might have bought at the Peak price of $0.6+ today.

R


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May 07, 2021, 01:25:56 PM
 #5

I agree with you with "even a complete shitcoin is pumping now" and is pumping harder than good coins (that already pumped in first wave). Now everyone cashed out profits from "good coins" and is now looking for something that did not pump yet. ETC that no one is using pumped 4x in last 5 days. Copy of etherum without user base... But thats how it works. Its allocation of gains from first wave tokens. But I will not agree with you in terms of doge. Its overpriced now for sure ... but its not as garbage as most think.

People underestimate doge. Price is too high currently. I agree but its not eveluated that high only because of Musk tweets.

Doge:
1 - was very stable against BTC for years.

6 years ... ~25 sat on average with many pumps as soon as price dumped. If I was banned from having bitcoin (for unknown reason) ... i would swap to DOGE as soon as price would dump to 20-25 sat.
2- DOGE has huge community and no centralized identity since first devs abandoned project (just like bitcoin was abandoned by satoshi)
3- Doge is one of 3 most used coins on crypto casinos and similar sites
4- Doge is one of 5 most often available coins if you want to use crypto as payment
I have few more.
Because of all of above I think I'm one of first people that dare to call DOGE a digital silver (if we consider bitcoin to be a digital gold). Not litecoin, not etherum.
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May 07, 2021, 02:18:50 PM
 #6

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

Right now you can do whatever you want. 10 add 20 years from now there will be valuable coins only the one that have use case. If your young and have little wealth, gamble with day trading. If you have more wealth start thinking what coins will be used 20 years from now. And start buying them. It does not mater how valuable are right now.
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May 07, 2021, 03:04:02 PM
 #7

Have to confess am with jackg, I thought someone was going to have fun and 51% it just to have a field moment but damn at 1000 sats today it is flying.

I know it's not the same thing but I suppose there are also people out there ho humming and wondering why the hell Bitcoin is still pumping.

In that spirit, I saw to you dogebois, enjoy your day in the shn. Bitcoin will be here to comfort you when it's sunset. ")

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May 07, 2021, 03:10:08 PM
 #8

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
I think in this case, why the altcoins that we think are almost rubbish like doge, now the price is inflated like the price of diamonds that is personal. it turns out that investors are not investing in branded altcoins or high-value altcoins, but investors prefer low-priced altcoins, large amounts of coins but still in safe conditions. I think it's a convincing and profitable thing for investors.

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May 07, 2021, 03:42:12 PM
 #9

You should believe with your own analysis, instinct and prediction. Experts as they say, will always be there giving their opinion and will always be publicize because they're known people. And as your stand to the market, you should be wherever you are confident with. If you profitable on this market and you're riding the FOMO, you do your personal choice and whichever works perfectly to you.

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May 07, 2021, 04:00:10 PM
 #10

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.
Please don’t be offended but it seems like you are underestimating DogeCoin but don’t think that is a good one.  With all due respect, Doge has established its reputation being one of the pioneer altcoins in the cryptocurrency world.

Dogecoin has been there since the first bull where people who do not believe went it because of the Fears of missing out.  The reason why they won is that they were able to execute their job consistently, compared to good coins with meaningful projects but execution failures.

The reason why DOGECOIN is great is that it has a well-founded or established community that supports each other financially, intellectually, and morally. You should join the community first before you judge DOGE and additionally, supported by influencer person, Elon Musk.

Just because DOGE COIN’s name and inspiration were a meme doesn’t mean they perform poorly as a cryptocurrency.  Please check the Doge coin’s system.  You will see how established and better they are with others with meaningful projects but very poor executions.
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May 07, 2021, 04:21:56 PM
 #11

Yeah doge is probably a bubble, I'm surprised it hasn't been 51%ed yet to be honest...

I think the good thing about doge is it mightve forced people to use crypto exchanges to use it (and they might have bought btc and eth too).

Eth is another one that's doing well and kinda makes me think bitcoin is nowhere near its top yet. (I think eth would fall back to around 0.04 at least before btc gets able to take off for its last time this cycle).

Doge is merged mined with LTC.  So it’s impossible to do a 51% without pouring out a huge amount of investment to pull it off.  Lol.  Might as well just mine the coin.

R


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May 07, 2021, 05:41:00 PM
 #12

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?
You can still remain firm with your belief that it's a shitcoin and earn from other coins or tokens. You don't have to ride the Doge FOMO since it's too pumped now. Do you still remember the question asked by redditors a.k.a WSB before all these Doge craze started? "Has Doge reached $1?" It will peak around that level or $2 tops until this bullrun ends.


R


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May 07, 2021, 06:13:24 PM
 #13

Doge has literally become the trash that has provided so many profit to its trader and investor. Doge has received more and more attention after Elon Musk continued to express his support for this altcoin and made it one of the most influential altcoin in the history of this bullrun. Truth be told, Doge is a bubble that could burst at any time if Elon Musk and the other big investor stopped supporting him. But to date, Doge has earned a good spot on the list of the most popular altcoin in my opinion.

The meme coin "Doge" continued to gain support for hitting $ 1-2 during this bullrun, but is this true if a lot of people just take short profit and then leave?

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May 07, 2021, 06:35:23 PM
 #14

Most of the people that are invested in doge are just getting their signals off of Elon Musk's tweet. And so far it's working for them. What worries me is that Elon's ability to influence the market movements of that certain coin is just too much, so much so that rational thinking is thrown overboard as long as the guy tweets something—even something so ridiculous and nonsensical—about dogecoin. There will be a lot of casualties once the hype train for doge is over, and Elon would be facing a huge backlash towards the community that's for sure.
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May 07, 2021, 06:59:49 PM
 #15

You're only profitable if you close your position at a profit. Tons of people will hold their Doge or whatever other altcoin all they way through the ATH and crash, because they believed in some "1 Doge = $1" hype. All bull markets will come to an end, and no one knows when will it happen, so the bullish predictions aren't worth much without it. When the markets will be crashing, the bulls will be saying "it's just a correction, trillions more in marketcap will come after this".
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May 07, 2021, 08:46:18 PM
 #16

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
This proves out that this market is way too unpredictable and theres no doubt that altcoins could really give that kind of opportunity or chances for you to make gains in a short time and if not then they are the ones
who are been ignored just because people do believe that it wont really be having any potential or rise up in the future but without knowing that it would really be pumped out in future years to come.
No one can really predict on the things on whats ahead and for those who had risk out even though its a bit lit when it comes to probabilities are the ones who do make out profits
for several years of holding and that one really pays off.Its not bad on having those doubts and anxieties on making decisions but you wont really be progressing yourself if you do
just continue to hold back.

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May 07, 2021, 09:39:42 PM
 #17

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
Unfortunately this is what happens in bubble, bitcoin is not in a bubble but the market of altcoins definitely is, after all we know that the reason bitcoin grew up in value was because institutional investors put their money there and invested a significant amount of money, but why exactly are we seeing altcoins going up in value?

It is not as institutional investors are invested in them, and the technology behind those coins is the same so the only conclusion I can come up is that this growth is nothing but hype, and sooner or later it is going to end and when that happens you better be out of that market.
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May 07, 2021, 10:10:46 PM
 #18

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

I'm sure that most altcoins are profitable than bitcoin in the last bull run (2017).

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I think the question is that can these kind of altcoin growth like in DOGE can be sustainable in the future? We all know the answer for that. So altcoin can have their pumps and dumps in the altcoin bull run, however, what follows is a huge and massive drop, it is profitable of course, but it's very risky as compare to bitcoin. So yes, it's a bubble already waiting to be burst.

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May 08, 2021, 06:32:51 AM
 #19

From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.

So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?

I love to hear your thoughts, I feel like it's becoming like a bubble already.
actually experts basing only on some projects which already have a great history like bitcon and ethereum wherein they don't focus in such shitcoins because for them its a waste of time... Its only us wherein only ride the fomo because of expectations.. But it's not bad at all because sometimes not all are totally shitcoins like what you've mentioned above.. But the fact that sometimes we throw some money on it because of our expectations wherein mostly didn't agree about it.. Who cares right? Lol
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May 08, 2021, 07:10:46 AM
 #20


if it weren't for elon, dogecoin will be nothing. no matter how we despise dogecoin for being a joke, it's still going to go up because of him. to da moon!
there are many coins today that you don't expect to have value after the team dumped their unlocked tokens, you right that you can assume they are all pumped by its team to once again make it appear that it's a good investment.









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