Investing in DogeCoin or Bakac Coin for the Uptrend season?

[bambiturnhau]

In the past few days, the DogeCoin community has been abuzz with speculation about Elon Musk's hidden intentions.

https://twitter.com/elonmusk/status/1685363794090819584

I wonder if he will include DogeCoin as a real payment method, don't you all?

As for Bakac Coin, it began with the Russian community and then gained attention in Chinese newspapers, attracting interest from people all over the country, including investors and cryptocurrency enthusiasts.

https://www.cryptonewschina.com/

Do you think there is potential in it, everyone?

[TastyChillySauce00]

You shall never take anything from elon seriously. Why always doge coin? Elon was rarely tweeting about dogecoin too. it sounds non sense if you were linked elon's random tweet to the doge coin.

Elon had BTC added as payment system for tesla. There's no need to add doge coin.

Bakac was just another scam. I retain myself from this kind of shit scam coin. You can stay away from bakac but it's likely you are a supporter from bakac. lol

[Yogee]

[....] Do you think there is potential in it, everyone?

Every coin or token has short-term potential. I personally won't deal with Bakac but I can only suggest that you put a small amount and treat it like your lottery ticket. You won't be in deep shit in case it doesn't pump and you'll still benefit if it does. Doge is like the one of the blue chips of memes so you'll most likely stay in profit if you buy now and wait for the next run.

[Xal0lex]

Bakac Coin? What is it, another memcoin? If it is a memcoin, it has the potential to once again lure the crowd into another shitcoin, if only the shitcoin starts to be written about en masse in various media outlets or on social media. Without that, another memcoin is of no use to anyone. Just remember how everyone was praising SHIB In 2021. Two years have passed and now no one remembers about SHIB, the price of the coin is not growing, but only treading on the ground or falling. This is a natural finale of such projects. They do not live long.

[Adbitco]

Bakac Coin? What is it, another memcoin? If it is a memcoin, it has the potential to once again lure the crowd into another shitcoin, if only the shitcoin starts to be written about en masse in various media outlets or on social media. Without that, another memcoin is of no use to anyone. Just remember how everyone was praising SHIB In 2021. Two years have passed and now no one remembers about SHIB, the price of the coin is not growing, but only treading on the ground or falling. This is a natural finale of such projects. They do not live long.

Bakac coin I think Is another memecoin have came across this forum by a user who said of someone investment and made fortune out of it about series of increase, which made him to sell immediately. Although I never delved into it to ascertain if actually such project is worth investing on as I believe after that pump there may be no serious invest since lots of people already cashed out with huge project.

But nevertheless, I wouldn't want any one to be overwhelmed with any altcoin out there as it has every possibility to dump at any time and, after this hype no one would ever remember them again as most meme's doesn't last for long periods of time and they easily failed away where no one would get to hear about them anymore.

[AnonBitCoiner]

are you still believe in the coins which price depend upon one specific person. These trending coins will mo longer give profit and we have no idea when will Elon tweet something bad about doge and same with other coins. investing in these coins are risky and i will not recommend anyone to buy. Doge already rised 20% after Elon tweet and now I don't think it will rise again.  

Bakac coin is new coin and i haven't hear about this before reading this post. These shitcoins will not remain for long time and their goal is to attract community and then you will see no update. You can see the results of pepe and Floki which are continually down falling after Binance listing.

[Silberman]

In the past few days, the DogeCoin community has been abuzz with speculation about Elon Musk's hidden intentions.

https://twitter.com/elonmusk/status/1685363794090819584

I wonder if he will include DogeCoin as a real payment method, don't you all?

As for Bakac Coin, it began with the Russian community and then gained attention in Chinese newspapers, attracting interest from people all over the country, including investors and cryptocurrency enthusiasts.

https://www.cryptonewschina.com/

Do you think there is potential in it, everyone?

If your plan is to invest in either of those two coins now trying to prepare for an upcoming upward trend then you should not invest in any of those two coins, and while there are many reasons for that, one of the most obvious is that the uptrend you are expecting is still far away, we need for the halving to happen, then we need some time for the bull season to start and finally we need even more time for the altcoin season to gain strength, investing in meme coins is in my mind never a good idea, but if you are going to do it then at least wait until the chances are high for most altcoins to go up in value.

[KiranKBS]

Both of them are of no use and stay away from them!

Neither of them are contributing to the Technology nor to the Community. It is Pure Hype

[bambiturnhau]

You shall never take anything from elon seriously. Why always doge coin? Elon was rarely tweeting about dogecoin too. it sounds non sense if you were linked elon's random tweet to the doge coin.

Elon had BTC added as payment system for tesla. There's no need to add doge coin.

Bakac was just another scam. I retain myself from this kind of shit scam coin. You can stay away from bakac but it's likely you are a supporter from bakac. lol

I mean the community is buzzing about adding dogecoin to X's payment system. Bakac coin has just emerged recently, you can call any project a scam if you want to.

[bambiturnhau]

[....] Do you think there is potential in it, everyone?

Every coin or token has short-term potential. I personally won't deal with Bakac but I can only suggest that you put a small amount and treat it like your lottery ticket. You won't be in deep shit in case it doesn't pump and you'll still benefit if it does. Doge is like the one of the blue chips of memes so you'll most likely stay in profit if you buy now and wait for the next run.

Thanks for your advice, do I understand that those 2 tokens should set different investment amount, of course I understand the risk of investing in memecoin.

[bambiturnhau]

Bakac Coin? What is it, another memcoin? If it is a memcoin, it has the potential to once again lure the crowd into another shitcoin, if only the shitcoin starts to be written about en masse in various media outlets or on social media. Without that, another memcoin is of no use to anyone. Just remember how everyone was praising SHIB In 2021. Two years have passed and now no one remembers about SHIB, the price of the coin is not growing, but only treading on the ground or falling. This is a natural finale of such projects. They do not live long.

Do you only invest in BTC, ETH, BNB the longest living and most stable profit project in the crypto market?

[bambiturnhau]

Bakac Coin? What is it, another memcoin? If it is a memcoin, it has the potential to once again lure the crowd into another shitcoin, if only the shitcoin starts to be written about en masse in various media outlets or on social media. Without that, another memcoin is of no use to anyone. Just remember how everyone was praising SHIB In 2021. Two years have passed and now no one remembers about SHIB, the price of the coin is not growing, but only treading on the ground or falling. This is a natural finale of such projects. They do not live long.

Bakac coin I think Is another memecoin have came across this forum by a user who said of someone investment and made fortune out of it about series of increase, which made him to sell immediately. Although I never delved into it to ascertain if actually such project is worth investing on as I believe after that pump there may be no serious invest since lots of people already cashed out with huge project.

But nevertheless, I wouldn't want any one to be overwhelmed with any altcoin out there as it has every possibility to dump at any time and, after this hype no one would ever remember them again as most meme's doesn't last for long periods of time and they easily failed away where no one would get to hear about them anymore.

That big profit story I think is just a fabrication to PR for the project. I think it's like the early stages of pepe.

[GreatArkansas]

(....)
Do you think there is potential in it, everyone?

I'd rather invest in Dogecoin.
We all know Dogecoin is one of the biggest players on every bull run. If you can see on previous charts of Bitcoin and check every bull run that happened, you will see Dogecoin is following or Dogecoin pumps first and Bitcoin next.

So for me, the uptrend season is good for Dogecoin compared to other altcoins like this bekac coin which is my first time to hear.

[Blitzboy]

The speculation, however, seems more rooted in Musk's unpredictable nature than any concrete plans. Until there's an official announcement, all this speculation is just... speculation.

Now about Bakac Coin, the surge of interest its received is not unlike what we've seen with other coins. The early adoption in Russia and subsequent attention in China... it might seem promising. But remember, just because its becoming popular does not guarantee it will become valuable.

My personal opinion? Stick with the proven coins. These new, exotic coins might seem exciting, but investing in them can often turn out to be akin to throwing money into the wind.

[yazher]

You need to consider to think if Doge Coin really matters to Elon Musk he could have used all of his power to make it more popular than the top cryptocurrencies but the truth of the matter is, he is not serious about it rather he was just playing with the investors and he was just keep saying things about Doge to make its market alive. That's why when you see some veteran investors convincing others to buy Doge, it is because they are just gambling their investment with the new investors and when they see the price rises at a decent price, they rush to sell their Doge in order not to get back their capital with a decent amount of income.

[Xal0lex]

Bakac Coin? What is it, another memcoin? If it is a memcoin, it has the potential to once again lure the crowd into another shitcoin, if only the shitcoin starts to be written about en masse in various media outlets or on social media. Without that, another memcoin is of no use to anyone. Just remember how everyone was praising SHIB In 2021. Two years have passed and now no one remembers about SHIB, the price of the coin is not growing, but only treading on the ground or falling. This is a natural finale of such projects. They do not live long.

Bakac coin I think Is another memecoin have came across this forum by a user who said of someone investment and made fortune out of it about series of increase, which made him to sell immediately. Although I never delved into it to ascertain if actually such project is worth investing on as I believe after that pump there may be no serious invest since lots of people already cashed out with huge project.

But nevertheless, I wouldn't want any one to be overwhelmed with any altcoin out there as it has every possibility to dump at any time and, after this hype no one would ever remember them again as most meme's doesn't last for long periods of time and they easily failed away where no one would get to hear about them anymore.

If we take into account the chart that came to my attention, it looks more like a situation where they are trying to attract as many investors as possible in this shitcoin to actively buy it and provide liquidity for those who have already started to actively sell this token.



I have mentioned these situations before. When some coin starts to be actively talked about, there are 2 ways:

1. The coin does not grow at all and shillers are trying to attract some attention of hamsters to the coin to make money at their expense.
2. The coin has already grown and is preparing to sell, so on various forums and social networks shillers attract attention to the coin, so that as much as possible to buy it, providing a profit to those who bought earlier and ready to sell.

[AakZaki]

Why don't you choose a top coin like Bitcoin or ETH? it will be more potentially than the memecoin you mentioned. Not recommended project when used as a long term investment. Trusting Elon Musk's words, of course you also have to be prepared for the downturn that will occur. long term investais sticking to Bitcoin and ETH in my opinion, rather than taking big risks for obscure memecoins like Bakac Coin.

[bambiturnhau]

(....)
Do you think there is potential in it, everyone?

I'd rather invest in Dogecoin.
We all know Dogecoin is one of the biggest players on every bull run. If you can see on previous charts of Bitcoin and check every bull run that happened, you will see Dogecoin is following or Dogecoin pumps first and Bitcoin next.

So for me, the uptrend season is good for Dogecoin compared to other altcoins like this bekac coin which is my first time to hear.

I am also seeing it trending like other large cap altcoins. It's just that I'm talking about coins like lottery tickets

[$crypto$]

In the past few days, the DogeCoin community has been abuzz with speculation about Elon Musk's hidden intentions.

Yes it's just speculation but many in the doge community refer to this coin as X payment.

I wonder if he will include DogeCoin as a real payment method, don't you all?

Don't know, he himself will specify in his tweet.

As for Bakac Coin, it began with the Russian community and then gained attention in Chinese newspapers, attracting interest from people all over the country, including investors and cryptocurrency enthusiasts.

I just heard of Bakac Coin? what network does it use what is BSC? I'm a little skeptical this meme coin has nothing interesting to me, maybe because it's the first time I've heard but I won't try to find out.

Do you think there is potential in it, everyone?

Bakac Coin looks like a scam
Dogecoin is many people's favorite coin.

[bambiturnhau]

The speculation, however, seems more rooted in Musk's unpredictable nature than any concrete plans. Until there's an official announcement, all this speculation is just... speculation.

Now about Bakac Coin, the surge of interest its received is not unlike what we've seen with other coins. The early adoption in Russia and subsequent attention in China... it might seem promising. But remember, just because its becoming popular does not guarantee it will become valuable.

My personal opinion? Stick with the proven coins. These new, exotic coins might seem exciting, but investing in them can often turn out to be akin to throwing money into the wind.

yes i see, looks like i have too much free time and have read this project and read too much about it.