Thoughts on Elon?

[virtualdn]

When it comes to fomo as well as hype on any coin whatsoever, no matter who is causing that hype, there is need to be careful of that coin because anything can happen and in most cases market manipulation just as Doge. Many people were jumping into Doge without having any target, or will I say they were all clamouring for 1$ while most were busy taking profits, and in addition if you check the rants so far, its mostly new traders or newbies who saw what was happening, and without any form of advice jumped in and now they are lamenting.
Even if he continues now again, the price will skyrocket again and a lot of people will still forget the lessons learnt.
Well, since it's all about manipulation, the price might skyrocket again after correcting but no one knows when or if it will at all.

The price manipulation continues!

SpaceX announces the DOGE-1 mission to the Moon for the Geometric Energy Corporation:

Launching on a Falcon 9 rocket in first quarter 2022, GEC is sending a 40 kilogram cubesat – paid for entirely by cryptocurrency DOGE.
https://prnewswire.com/news-releases/

Give me a break, you could pay those with BTC, Litecoin or Ethereum, this guy is making fun of us and many sheep are following blindly.

[mindrust]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

My views on Elon not changed one bit. It is the same since he started to talk about crypto. He is still fucking around. Smoking weed and making fun of everything and anybody he can. No fucks given.

He found a crypto currency just like himself, that's dogecoin and it just fits his personality (a joke) so he is sharing dogefather memes etc.

This is how he is. ( a joker) He doesn't give a single fuck if people make or lose huge money by listening to his tweets.

[sapnu]

Considering the fact that Elon is a huge personality all over the world just by looking at the digits of his net worth, we can easily be persuaded to believe on the certain crypto he is currently paying attention to. Many people fail to see the reality to the coin he is investing with just because it is being outshined by their fame and achievements so far. Elon Musk might be having a hard time right now but surely, there will be changes with Dogecoin in the near future, the only problem is if it is negatively or positively but either way, let us be wise and responsible on where we are investing at the moment.

[Kojo2808]

Everyone is now wide awake to the obvious now but only after the fact. Before, people were doing what they are best at an that’s speculating. I was saying all what’s being said on here last week but I have to admit I invested a little a few days before SNL in order to cash in on the rise in the short term but Elon stuck it to everyone. To be fair i bought when it dipped from $0.45 to $0.29 so I did ok regardless.  Yes the thing that makes this coin a joke other than it’s a meme coin is that it started riding on Elon’s coat tail. But if you take him out of the equation and look at the coin there has been opportunities to make money on it. Everyone talks about the dip but it’s still at an all time high if you factor out the last few days. 55 cent from 6 cent in April. So yeah it’s a shill coin but people can make on it and considering the dip was apparently due to 1 of 7 whales dumping only half of there coins indicates that there may be some more life in this dodgy coin yet. If the other whales want to get out with there target achieved that is

[tbterryboy]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

First of all, when I see big influencers and investors like Elon hyping coins like he did, I don’t trust them that much because I know very well that they are doing it to cash out big time. I might invest in that coin, but I wouldn’t hold for long, I will be looking for opportunities to sell it whenever I can and take my profit because there will come a time they will dump the bag on the market and it will crash. So that’s the same thing I expected from Elon, anyone that’s investing in any kind of asset, be it stocks or cryptocurrency, is doing so to make profit and nothing more.

[Princejebs]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

Could be the mockery was done on purpose or not. The statement where her mum said she was doesn't want doge as gift shouldn't be taken emotional by the attendees. She knows what she wants and she clearly state her mind.
Correction on doge isn't really bad considering amount of pumps and attention they have gotten since last year though it's bad for the top reach address to selling out their share. That's more like a 51% attack

[Viscore]

In the first place, DOGE is not a serious coin, so no matter who will shill this, it should not be taken seriously.

I understand some people ride on this for a short-term trade, but I pity those who try to hold this for the long term hoping for a $1 to $10 price.
There are a lot of videos on youtube that are also hyping the coin, and they did not help people to succeed but help newbies to go with the FOMO because of that high goal.

[btcltcdigger]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

He bought low, tweeted, made insane profits, and now that he's out, he got nothing to lose.
Or he's trying to get it low again to repeat the cycle

[yazher]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

That was an expected result when he said those hype about the DOGE coins in its early promotion, investors have already known the fact that whoever got to enter the first wave of buying it after his positive announcement, will be the one who can extract as much as he could. But those who think that they can also gather as much money as the early investors took the chance to invest in the late days. so they are the ones suffering from the scenario of the price that decreasing every day in the crypto market which will gonna create anxiety because of the DOGE current situation in the crypto market.

[mrdeposit]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

The determined day was only needed to pump the price so it was obvious that there would not be a big news. I guess most of the investors have invested realizing this truth and yesterday was a good time to sell. I applaud those who make money by being smart. So from now on doge will return to the price it deserves, which is the main factor that made me happy. Hopefully, Musk will devote more time to his own business from now on.

[tabas]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

The quote always go with "buy the rumor and sell the news". When there's an announcement like the SNL, Elon and Doge. You buy before the event.
And when the event is about to happen, you expect that there will be a massive dumping on that particular day or even before a few hours that event happens.

[Ryker1]

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

The quote always go with "buy the rumor and sell the news". When there's an announcement like the SNL, Elon and Doge. You buy before the event.
And when the event is about to happen, you expect that there will be a massive dumping on that particular day or even before a few hours that event happens.

Well, it is a part of the game, Elon Musk perhaps selling a huge part of his share in my own opinion. But I don't lose that this is the end, perhaps there is a hype again and as I can see on the graph, the price now has been slow recovery its price up and I think those invested when there is a correction of about 30% since yesterday. It could be a good profit while holding and for sure there will be resistance after a massive dip. However, Elon Musk will be looking some ways that this coin will not abandon by its supporters.

[aioc]

Of course this happened. It is nothing more than market manipulation. Now a lot of people is losing money because they missed the Doge train.
If the price will continue to drop, we will see some hype around it and pumping because of those that bought high.

There is an very true statement that every trader knows: Buy the rumors - sell the news!

Many traders know this, it always pays to be an early bird on rumors, because you are going to be the first to sell the news when the rumors are confirmed, there's always a tricky part when buying rumors and selling the news especially in the case of Dogecoin, where you know that it's not going to be long term and the hype will eventually die down, you should know when it's time to get out.

[virtualdn]

Of course this happened. It is nothing more than market manipulation. Now a lot of people is losing money because they missed the Doge train.
If the price will continue to drop, we will see some hype around it and pumping because of those that bought high.

There is an very true statement that every trader knows: Buy the rumors - sell the news!

Many traders know this, it always pays to be an early bird on rumors, because you are going to be the first to sell the news when the rumors are confirmed, there's always a tricky part when buying rumors and selling the news especially in the case of Dogecoin, where you know that it's not going to be long term and the hype will eventually die down, you should know when it's time to get out.

Correct, it is still not too late to get out, I'm sure this year we will see Dogecoin dropping a lot, back to its normal prices because people will realize in the end it's too much hassle and there are easier ways to make cash in the crypto world, without so much drama involved and without feeding the boosted ego of a billionaire guy.

[sttvn]

He is just memeing around, enjoy the ride

[helevela]

elon musk and dogecoin have been on the agenda a lot and some people are being asked to stop this manipulation. elon musk is thought to be manipulating this market, which is now undesirable. Another rumor is that people will support another coin when the psychological resistance point on dogecoin reaches $ 1 and dogecoin reaches or approaches $ 1. There are many manipulations that people also talk about, like elon musk did.

[noormcs5]

He is just memeing around, enjoy the ride

Only Elon enjoyed the ride and all the investors who longed doge got REKT.

[FinneysTrueVision]

Elon is a very polarizing figure. Some people really love him and some really hate him. I'm indifferent towards him. I really don't understand the cult-like adoration some people have towards him, especially from dogecoin supporters. It's weird to be so obsessed with a particular celebrity. His ego is getting really inflated by all this attention, that's why he keeps talking about dogecoin. Dogecoiners can have their weird Elon cult, I think we should not be worshipping celebrities and giving them such a big influence if we want bitcoin to remain decentralized

[azhariejaya]

Some of coins promoted by Elon Musk on Twitter have increased drastically, including Doge and Shiba Inu. I don't know why Elon's tweet dramatically affects the price of these coins. A coin like Doge, which is not a utility coin, can go up like now. Even some Bsc tokens use his name, Elon, hoping that their token price will also increase.

[virtualdn]

I've created a thread showing my thoughts about Dogecoin and Elon Musk here: "I Wouldn't Invest $1 In Dogecoin And Here Are 10 Reasons Why"
https://bitcointalk.org/index.php?topic=5336465.0