Oso planning to go pro
sell sell sell sell [at $0.16]
I think today was probably the right day to get out [at $0.36].
As of right now, it's at $0.67.I'm just giving you a hard time, Hards...I know that this is funny money and there is no rational explanation for what is going on with it. I'm pretty sure I'm going to sell within a couple days. We don't honestly have very much -- I started with about $25 -- certainly not enough to ever "make a difference" in our lives. So, I think we're going to sell it soon to give each of our kids some spending money on our upcoming vacation.
Why? He was a bad money manager on his own. And then once he partnered up with Buffett, the division he overlooked basically parked huge sums of cash in blue chips. He also made dumbass disproven comments about goldMy issue with him and people of his ilk is they dont produce any new ideas or theories, but just cynically shoot down everything new or transformative. He doesnt actively manage money and hasn't for a long time. I dont care about his negative and out of touch viewpoint the same way that I would roll my eyes at someone like Red Auerbach or Chuck Daly calling the modern trend or style of play in the NBA as toxic and unlikely to work.
Unless you really need the money, why not let it ride?All my doge I acquired free from a crypto faucet. That said, I have like 40 dogecoins, so its not worth much at all. But might as well just let it ride.
Here's my thinking (for what it's worth) - it's not enough that it will ever "make a difference" in our lives. If I had bought $1000 or $5000, I might feel differently. Given the fact that it won't make a difference in our lives, I want to remember the fun we had with it. If I give each of our kids $150 to spend in on vacation...we'll have a fond memory tied to our experience with this silly meme. We don't "need" the $600. But it's also not within our normal practice to just give our kids $600 to spend just for the hell of it. So, we'll do this and create some memories. My belief is that if we don't do that, we'll just be left with, "remember that one time we had that stupid little investment that blew up and then went back to nothing."Edited to add: and if it goes up to $5...well...I'll be bummed out about that. Then again it "still" would only be a couple thousand dollars. Now if it goes up to $55,000 like bitcoin...
That makes sense.I think doge could hit $1. Maybe $2.$55k not so much. Supply is unlimited, unlike bitcoin
Yes, because it is currently much easier to use dollars for say, buying of illegal drugs, than to make a bitcoin transaction. Yet what medium of exchange do hackers and ransomware attackers usually ask for?Beyond illegal transactions, though, my view is that crypto has limited uses, and a general medium of exchange is not one of them. I have a good friend and neighbor whose brother runs a private investment fund. He is all in on crypto and thinks bitcoin will go to $400,000. However, he doesn't believe it will ever be a broad medium of exchange and that its value will be derived from its scarcity and use as a store of value. That's just one persons view of course.
Thats been one of the glaring inconsistencies to all of this. So many people don't comprehend even the most basic differences between Doge and BTC. The buy volume to keep the price rising as supply continues to rise will sink it sooner rather than later. If someone is talking price targets in the triple digits, much less higher, they have no clue what they are talking about
I'm getting out of Doge
DOGE value investors
WarriorsShort the QQQ. When short during the late hour rally but like my position.
buy the dips
Feel like the may run stops during the first half of the day tomorrow, but going into next week, short feels like the play. Market feels like it’s on fumes and good earnings reports consistently getting sold off is ominous