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As far as what’s going on with Dogecoin RIGHT NOW…lets talk about both the PROS AND THE CONS so it’s not only easier to follow along to…but, so that we get the FULL UNDERSTANDING of what’s going on, from both sides:
First, on the PRO SIDE:
I have to say, I’m ACTUALLY rather impressed with how well it held up.
Even though, today, at the time I’m making this video - it’s down about 40% from its peak…I think it COULD HAVE been a lot worse, and the immediate sell-off following the episode HAD THE POTENTIAL to completely collapse prices, but it didn't.
Second, a few days ago, Space X recently announced that they would accept Dogecoin as payment for their upcoming mission to the moon, called the Doge-1.
Third, there’s absolutely value in what’s known as the Network Effect, in which the value is derived EXPONENTIALLY from the number of users it has.
Fourth, anecdotally…there’s a lot of people who believe that it will follow the same path as bitcoin, which routinely falls 70-90%, consolidates, and then moves to a new all time high a few years later….so, why not with Dogecoin, too, which has also risen, fallen, and recovered in the past?
Fifth, the Mike Novogratz said that the Dogecoin rally was a “middle index” to the system, and that - there was something pure about the recent rally in terms of what Dogecoin has done.
Siixth - I have to say, I’ve never seen a community as strong as Dogecoin.
Seventh…there’s also speculation that it might be one day listed on Coinbase, which would give it significantly more exposure.
And finally, eighth….there might be something to be said about people rotating out of the stock market, and into cryptocurrency..
But…just with anything, there are some DOWNSIDES that people are pointing out, that deserve to be acknowledged:
First, the last time SNL talked about a meme - they marked the absolute peak before a massive sell off.
Second, even though it would be a fun idea that we could take over the world with Dogecoin…and honestly…I wouldn’t mind it…. the fact is, it can’t actually be used as a viable currency until its price stabilizes, and we have a solid baseline for what people UNIVERSALLY think it’s worth.
Third, just because it’s always recovered and gone back up in the past - doesn’t mean it always will.
It’s also incredibly easy to draw comparisons between Bitcoin, showing how many times it’s crashed - and then recovered.
Fourth, there’s also a clear problem with copycat currencies popping up, hoping to capitalize on the recent enthusiasm at peak hype.
Fifth, at some point - the SEC is likely to reevaluate what they consider to be a “currency” and what’s a “Security” so they can further impose regulation, and that will drop prices.
And lastly, sixth….ANYTHING that goes up 20,000% in a few months, has the potential to drop SUBSTANTIALLY…and that needs to be considered.
I would be worried that, as with anything this volatile, there’s some BIG MONEY at play here looking to take advantage of retail traders buying in…so, I would be cautious and realistic about where you think this will go, and when.
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By Stock Chat

where the coffee is hot and so is the chat

26 thoughts on “All in on dogecoin”
  1. Avataaar/Circle Created with python_avatars Steve Karlsen says:

    Hello, I'm new to forex trade and I have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what i'm doing wrong

  2. Avataaar/Circle Created with python_avatars Brian Clark says:

    Venturing into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Chloe Wilson, her skills set is exceptional.

    Trading with an expert is really beneficial this will help you avoid losing your money on the trading market. I also trade with Mrs. Chloe Wilson and my portfolio has grown tremendously.

    A wise person should know that in order to build success, you should invest wisely and have proper knowledge or guide in the finance market.

  3. Avataaar/Circle Created with python_avatars Alice Collins says:

    Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.

  4. Avataaar/Circle Created with python_avatars P83 1983 says:

    Buy the rumor and sell the news…if you were trying to make a short term gain off of Doge.

  5. Avataaar/Circle Created with python_avatars Sarah Thomas says:

    I make huge profits on my investment since I started trading with Mrs Erica Rose, her trading strategies are top notch…

  6. Avataaar/Circle Created with python_avatars Meandering Missionary in Mexico says:

    The next Doge to go sky high is DogeCash Coin. I personally invested a bunch in it. I still have Doge… But I'm HODLing DogeCash. To me, DogeCash is to Dogecoin what Bitcoin Cash is to Bitcoin.

  7. Avataaar/Circle Created with python_avatars Hannah says:

    Mrs Stella is legit and her method works like magic I keep on earning every single week with her new strategy

  8. Avataaar/Circle Created with python_avatars Georgie Vong says:

    I personally wont go into dogecoin bcos too much emotional plays by influencers and big whales.

  9. Avataaar/Circle Created with python_avatars Philomena Blade says:

    Hello I'm new to bitcoin trade and i have been making few loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?

  10. Avataaar/Circle Created with python_avatars jun ho park says:

    The unable possibility naturally pull because dedication intraoperatively prick up a yummy acoustic. phobic, perfect bar

  11. Avataaar/Circle Created with python_avatars Daniel Bustos says:

    Fast forward a month later listed on coinbase .23 cents lol still holding though; you only lose if you sell

  12. Avataaar/Circle Created with python_avatars robin hood taehwan thjrobinhood says:

    I'm sick of Mr.M, the money now 🙁 grrrrrrrrrrr! ethereum is prepared to soar up now. It's time to invest it now. It is top secret. Investment formula: ethereum -> bitcoin.

  13. Avataaar/Circle Created with python_avatars Mary Lopez Linda says:

    Mrs AVA is legit and her method works like magic I keep on earning every single week with her new strategy.

  14. Avataaar/Circle Created with python_avatars Dineo O'Brien says:

    I was able to build a big income stream during the covid-19 pandemic investing with a professional broker,Mrs Elizabeth Graham, I have been making huge profits on my investments ever since i started trading with her, Mrs Elisabeth Graham's trading strategies are top notch.

  15. Avataaar/Circle Created with python_avatars The Viking Sock says:

    Robin Hood is corrupt af, you could already see it the the Gamespot stock, fk that trading marketplace

  16. Avataaar/Circle Created with python_avatars Billy Diaz says:

    this is really a nice video, i was a beginner when i started trading with mrs stacy maya and i have made huge profits on my investment since i started trading with her, her trading strategies are really marvelous

  17. Avataaar/Circle Created with python_avatars Mitch g says:

    Doge……bought at 49 cents…haven't seen green for weeks! lol Robinhood needs to be left in the dust!

  18. Avataaar/Circle Created with python_avatars Text 👉🏻WAGECRYPTOHACK no TELEGRAM says:

    I can’t believe it when Hackertefla on Telegram you change my life with btc may god continue too bless you 🇱🇷🇱🇷

  19. Avataaar/Circle Created with python_avatars Bruce Wells says:

    <Appreciate your review, you gave very good advice with the right mentality adopted for cryptos✔People are getting the TSLA market situation wrong everywhere. With the current price I will advise lnvestors to trade before the bull run, The saIe of βͳc by TSLA has nothing to do with proving liquidity (regardless of what Elon says) or Elon losing confidence in b!tcoin, it is purely done for the purposes of managing the EPS results for wall street. We have to remember that TSLA is a publicly trad ed company with very high visibility. Anyways if you are seeking and speaking on improving your cryp to experience with daiIy ga!ns, I mean a functioning trad e group makes everything simple for refreshes on day by day trad e s!gnals. With Edward’s insight I presently don't need to stress over the ascent and plunge ofBitcoin. For profess!onal guidiance, My earnings has increased from 4.1 B T C to 18.7 B T C in just 2 months. I've full confidence in his tradlng abilities. You can easily get to him ͲҽӀҽցɾąʍ @Edwardjames022 >

  20. Avataaar/Circle Created with python_avatars Dylan Macdougall says:

    ROFL 🤣 your so bullshit don’t take this guys advice he was hating on Doge coin now Bitcoin is crashing his on board hahhahhahahhahhahhahhahahha 🙌🏼

  21. Avataaar/Circle Created with python_avatars Il Conte says:

    Doge has zero fundamentals and no active development since 2015. The founder itself sold it to buy a used car back in the day.
    This is not saying it will never go anywhere, because if enough money is thrown at it eventually it might create something, but just pleaase be aware that you only bough a hype. There are tens of cryptos out there with massive development and actually solid fundamentals.

  22. Avataaar/Circle Created with python_avatars Chris Paul says:

    Love your videos Graham first time commenting! Am a $DOGE $SHIB $KISHU HODLer. Invest, but invest wisely. Don't invest what you can't afford to lose.

  23. Avataaar/Circle Created with python_avatars Hachi de Fibonacci says:

    usa is the biggest waster of gas in the world

    its a big problem

    In its relentless pursuit of oil, the shale industry burns more and more gas into the air. This wasted gas exceeds the yearly demand of nations such as Colombia.

    The rate of flaring in the Permian basin reached a record high in the first three months of this year, averaging 661 million cubic feet per day (MMcfd), according to Rystad Energy. That is more than double the amount of flaring for the same period from a year earlier.

    boycott usa until they stop wasting all the gas we have

    boycott usa today

  24. Avataaar/Circle Created with python_avatars Filips Kalnins says:

    This question is for everyone!
    So, I was one of the stupid who bought $DOGE at 0,59€ = 0,72$ hoping it will go up, because I wanted in. I put 1970€=2413$ of my money in and now as $DOGE has fallen, my $DOGE is worth only 860€=1054$ which is more than a 1000€=1225$ lost . I would like to do something with the money if I sell and don’t sit on it anymore.
    In my opinion, $DOGE might go up, but it doesn’t have a bright future. I would like to put my money in $ADA because it will have contracts soon and will go up or $LTC because in my opinion it’s strong and will go up too.
    WHAT WOULD YOU DO IF YOU WERE IN MY SITUATION? WOULD APPRECIATE EVERY ANSWER, THANKS!

  25. Avataaar/Circle Created with python_avatars Ahmat Oney says:

    I recommended a professional broker to you guys sometime ago can I get a person who invested with her?

  26. Avataaar/Circle Created with python_avatars Samson Mike says:

    Recently i made huge profits on my investment since i started trading with mrs florence george, her trading strategies are top notch coupled with the little commission she charges on her trade

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