Doge Coin Millionaire?

No regerts... DogeDoghouse (S)wag!: https://www.redbubble.com/people/Phoenix71/shop?asc=u

And we’re back down...getting a little seasick. Only option is to ride out the storm of volatility. 

Back past .275. Next level for full green is .52. Hodl! Looking for .75 to $1+ before I start flipping these coins. Again $200 ca$h for another pullback. Up $60.69 today...yeah I waited for the .69. ;)

Yeah, that’s what I like about Doge! A little patience, don’t overreact...she’s back, baby! Still down $35, but loaded up with $200 in cash for any major drops under .10. I’ll take the upside back to $1! Account balance: $504.66; no trades pending. Was down to $378 at one point, I’ll take a patient recovery versus a panic sale.  Strategy, hold to .75 or $1+. Add in 10% trades IF the coin stabilizes again.  Hey, 75% return back to this point. Good example of how emotions keep us from executing on opportunities. How many Coudla, Woudla, Shoudla taken advantage of the move from .16 back to .275? I didn’t. Oh I thought about going in with $5,000. Believe me, but fear kept me out. And only guts kept me in as she dropped. Would I have stayed in with an account value of $5,000+? I dunno, but that’s the point. No regrets. Moving on... Do the math...$5,500 at 75% returns = 10 trades for $1-million. Could you stomach the fear at trade number 9? I couldn’t at trade 1...

Looking to be recovering nicely. Still holding for 30’s at least for 10% on my .275 play!

Sorry for the distractions, folks. Figured I’d start my own play on wishful thinking with Coudla, Shoudla, Woudla Live for today... The DogeDoghouse mantra from here on out.  Imma throw together some better designs, but appreciate any support you can throw my way. That pic is from Grand Cayman, beautiful place. Check out my vacation page on travel tips. I’ll be updating that part of the blog with a lot more content to come, stayed tuned!  Doge is holding in the .20’s and so am I big it pops, I’m in with 1,111 coins. If it drops...I’m loading up with $200 sub .05, NOOO doubt.  Down about $90...

Interesting contrarian opinion, folks...   https://www.benzinga.com/markets/cryptocurrency/21/06/21678280/famed-short-seller-says-bitcoin-hasnt-bottomed-until-dogecoin-slips-below-1-cent

.22 can’t complain, but it’s more of a monkey-wrench than a direction. Predictions of failure have themselves failed. .16 looks to have been the floor, so we are bouncing between .18 and .23. Doable for my 10% strategy, but I think hodl is the better strategy and wait for .45. If it drops below .10, I’m buying. May just hodl for at least $1...and keep buying the big dips. That was my original strategy, but the question always is, “What are the big dips?”  Hindsight is always 20/20, where it’s easy to say, “Coudla, Shoudla, Woudla!™️”

Goals:  Provide my trade thoughts no matter how obscure Take my initial $50 investment to $1-million dollars plus... Retire and help others do the same. 🐕 

Classic, finally showing the regression back to .16, comparable to .13. I do feel like it could linger here for the next breakout or big drop. Fear is keeping me out. Not sure this is the right time to quote Warren or not, but I’m feeling a bit fearful...not enough to be greedy. “We simply attempt to be fearful when others are greedy and to be greedy when others are fearful.” See how the current shoulder has retraced to align with the April 22nd low of .13?  See what this means in technical analysis speak here:   Head and Shoulders

Interesting how the low noted for the week and month (.2803) does NOT coincide with yesterday’s lows in the .16’s. Not a fan of how Robin(me)hood displays their video game 🎮 version of investment stats. I guess that’s for premium customers...so I have to give up what $25 for the privilege of valid/useful and accurate data? Hmmm

Join us for informal conversation and investment discussions at the DogeDoghouse sub on Reddit: DogeDoghouse

https://www.benzinga.com/amp/content/21638193#.YNIxp4CHrrI.link

Hmmm, that would be $1,875 at the high on a $450 investment. Well off my $1MM target. How many of you have been through this exact same internal discussion? Of course it could go back to pre-breakout levels and take my $450 with it. $200 at .002 is 100,000 coins. Big difference. Of course at that point it could remain at $0 for another several years and would still be basically $0. Would love to have 100,000 coins over 2,500 regardless. I still have the vibe that she’s going under .10 and then briefly to below $0, TBH.

https://seekingalpha.com/article/4428061-why-a-dogecoin-crash-wont-matter

I “feel” like this is exactly what I suspected...Retail FOMO paying the whales off. The whales look to be cashing out, folks. At least for now. This goes under $.10...I’m holding for zero. Lol. Believe me it’s tempting to try to catch this falling knife. Very tempting. But learning from yesterday’s lesson is key here. No one has the crystal ball 🔮. I’m glad to be the example here if it saves someone from investing their life savings on a speculative play. I’m losing tops $450, assuming I deploy my other $200. That is up to 9x’s more than I had intended. Imagine if I had gone “all-in” with $50,000 at .52. Oof, scary thought. Stay safe, my friends.

Come on .21! Sounds like gambling 🎰. Smells like gambling to me 🎲 🎲. Yeah, this is probably gambling. Lol

So, my thoughts on the Doge whales... If indeed the bulk of Doge is held by 15 or so accounts. Is is possible to think the only way they can convert their coin to cash is to sell at the highs, wait, rinse and repeat on the rest of us? Is the buy and diamond 💎 hands 🙌🏻 approach the way to go, for reals? Or will the currency be de-valued back to zero as they bleed it out to cash out? I dunno, will be interesting to see. I’ve lived through Enron, the tech crash, and the housing market crash. Grew up after the crash of 1987... So I’ve seen it when this irrational exuberance gets out of control. Additionally, IF Robinhood is indeed one of if not THE biggest whales, are we all being played? I kinda think so, but that’s just an old guy’s random thoughts on whales 🐳.

My gut is telling me the mainstream media is crashing crypto with purpose right now by giving it less than favorable news. I’ve seen this tactic in other sectors. Folks, it works. The panic sets in, we all sell...in five years they’re all richer as we lose our shirts. Essentially the pattern works like this...bubble up, hype it as the next best thing, trash it, bubble pops, panic sets in...the vultures swoop in at the lows and buy on the cheap. Rinse and repeat. See what’s going on? They sucker us in at the HIGHS and scare us out at the LOWS. The opposite of how it’s supposed to be, and a very effective method of wealth transfer hidden behind “market forces.” Is it really market forces or “legal” market manipulation? This is why I believe a lot in what subs like WSB espouse. Because it really is all a ruse in the end. Agree?

Nope, I can’t take $50 to $1-million. No patience and Doge doesn’t want to work like that. 100-trades in a small 10% window with a volatile investment is like playing with fire 🔥. Time to switch up my strategy to play to this advantage. One of my earlier strategy considerations was to try to play the volatility to the upside. I had abandoned this approach because it takes a bit more patience, balls, and a lot more risk. Sure you can make 80% plus trading this way and be done in 15- to 20-trades. BUT can you get past ONE trade without losing it all? I dunno. Let’s see...Here’s to the double down, lose it all strategy.

  https://www.facebook.com/comediantompapa

Double down to triple up... One of my early strategy considerations was to buy the big dips and hold for double or triple gains. Of course that gets me to $1MM after about 20-trades versus 100+, but the strategy is ALWAYS easy said than done. It works in theory and we all do it because we want to believe it’s that easy, but the psychological of investing makes it near impossible to capitalize on this kind of play. Mostly because we tend to buy INTO the falling knife and lose it all. Can Doge go to zero? Yep, and it’s probably more likely in the short term to go back to less than a penny than it is to ride and stay at $1. At least that’s what today’s sentiment feels like. After months of going sideways and seeing the falling wedge pattern form, will it pop back to .45 and .5 or fall to .15 and below? Let’s watch and see! Testing May 18th lows! I’d like to see it here for a double down with a BIGGER UPSIDE .1339

Falling knife. She’s going to the teens and below folks. Watch as this all goes to zero. Lol. .2298 and falling fast.

Moving up a little. About a penny and I’m almost back to good, but with almost 400 more coins. Let’s get back to $.45 or even $.75, Doge!

Added 363 coins to my wallet. May be too high, but it brings my total basis down to .3 and allows me to exit at both .3025 and .3365 for two 10% profits. I may let the .275 roll up to .3365 or .52 to gain more on that low if it turns out to be a bottom. May line another $100 up if we crash...too Doge gone good to pass up. #OnlyMoney Total Doge: 1,111 (good for a .75 pop) Positions: None Goal wait to see which direction we’re moving before committing to another trade. Total $ committed $250...so I’ve only made $60 or about 20%, far from my $1MM goal. This is a two steps back one step forward kind of week so far  

I know this sounds strange, but I’m actually excited to think this could move to single digits or even back to the magical .0002! True speculation take 2! With $100 and a $2 comeback, Doge coin Millionaire, indeed! Twice in a lifetime opportunity or joke currency, folks? Time (and patience) will tell. The delusion is real at $.25969. 

 .2658, lower?